Questions
Please watch the following video on the decline of men (and women) labor force participation rates...

Please watch the following video on the decline of men (and women) labor force participation rates (https://www.youtube.com/watch?v=tCOfP3e9Co8) and be respond to the following questions.

1. Who are these men, and how are they spending their time?
2. What are some of the supply and demand factors for the declining participation rates?
3. Has the decline in participation rates occurred in other OECD (i.e. wealthy economies) countries?
4. What can we do about it? That is, bringing these men/women back into the labor markets.
5. Why should the next President (and us) care about this decline in participation rate?

In: Economics

Please watch the following video on the decline of men (and women) labor force participation rates...

Please watch the following video on the decline of men (and women) labor force participation rates (https://www.youtube.com/watch?v=tCOfP3e9Co8) and be respond to the following questions.

1. Who are these men, and how are they spending their time?
2. What are some of the supply and demand factors for the declining participation rates?
3. Has the decline in participation rates occurred in other OECD (i.e. wealthy economies) countries?
4. What can we do about it? That is, bringing these men/women back into the labor markets.
5. Why should the next President (and us) care about this decline in participation rate?

In: Economics

For the Academic Community of Higher Education improving student’s academic performance is not an easy task.

 

Q1: For the Academic Community of Higher Education improving student’s academic performance is not an easy task. A case study was conducted using descriptive Statistics which is the discipline of quantitatively describing the main features of a collection of information. A data of 200 Students marks as population was collected and out of it 25 students marks are being analyzed for the case study by applying some measures that can be used to describe a data set.

            Let us consider the marks obtained from a sample of 25 students listed as follows:

70 80 86 46 56 66 76 86 90 70 50 45

94   65 55 60 90 80 70 71 72 62 64 76 70

 

  1. Construct a frequency distribution & relative frequency distribution for the above data with 5 classes.            (1)                                                                   
  2. Construct a Histogram with appropriate scale for the data.   (1)                   
  3. Calculate the mean for the data using the frequency distribution table.     (1)

Q2: Three males with an X-linked genetic disorder have one child each. The random variable x is the number of children among the three who inherit the X-linked genetic disorder.

x

0

1

2

3

P(x)

0.15

0.20

0.30

0.35

Determine whether it is a probability distribution or not. If it is a probability distribution, find its mean and standard deviation.

Q3: One Market Research company determined that 13% of college students work part-time during the academic year. For a random sample of 5 students, what is the probability that at least 3 students work part-time?

In: Statistics and Probability

Here is your chance to analyze an actual co-worker conflict situation and make suggestions on how...

Here is your chance to analyze an actual co-worker conflict situation and make suggestions on how to positively resolve this issue.

The #1 people issue I have is with a younger employee who has been speaking over me in meetings with external vendors.

I approached one of my co-workers to ask if they noticed it as well and they said of course - they were actually angrier than I was.

During the next few meetings I attempted different techniques to see if she'd notice she was talking over me but it was still happening. Eventually I pulled her aside and told her the issue I was having with her during meetings and explained it made us look unprofessional.

It worked for a few months but she ended up going back to her old ways. From then on, whenever she spoke over me in meetings, I would stop talking immediately and let her finish her sentence.

Sometimes she got flustered and would look back to me to finish up her thoughts but I wouldn't cut in.

I hope it reflected negatively on her, and not myself or the company.

  1. The employee relaying her upset used 2 conflict styles. What are they and discuss their effectiveness in this situation? .
  2. What is probably the root of this employee’s discontent? As well, why do you suppose the younger employee is interrupting this employee? Your answer will need to dig below the surface statements.
  3. As the manager of these two employees, how would you resolve this conflict? State the conflict resolution style you will use and the specific steps you will take.

In: Operations Management

Zhang Company’s bank statement from Nguyen National Bank at August 31, 2015, shows the information below....

  1. Zhang Company’s bank statement from Nguyen National Bank at August 31, 2015, shows the information below.

Balance, August 1                                                              $11,284

August deposits                                                                   47,521

Checks cleared in August                                                46,475

Balance, August 31                                                              16,856

Bank credit memoranda:

Collection of note receivable plus $105 interest       $5,105

Interest earned                                                                             41

Bank debit memorandum:

Safety deposit box rent                                                              20

A summary of the Cash account in the ledger for August shows: balance, August 1, $10,959; receipts $50,050; disbursements $47,794; and balance, August 31, $13,215. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $3,200 and outstanding checks of $2,925. The deposit in transit was the first deposit recorded by the bank in August. In addition, you determine that there were two errors involving company checks drawn in August: (1) A check for $340 to a creditor on account that cleared the bank in August was journalized and posted for $430. (2) A salary check to an employee for $275 was recorded by the bank for $277.

Instructions

a) Prepare a bank reconciliation at August 31.

b) Journalize the adjusting entries to be made by Zhang Company at August 31. Assume that interest on the note has not been accrued by the company.

In: Accounting

The Association of Sugar Cane Growers in the country plans to form a Company. The association...

The Association of Sugar Cane Growers in the country plans to form a Company. The association is not sure yet on the kind of business they should venture in though they know that it should be in the sugar cane industry. The company should either be producing sugar known as option C, or producing biofuel referred to option D or just produce sugar cane and sell to sugar-producing organizations - option E. Information pertaining to investment requirements is given in the table below. The costs/revenue are in US $.

Item

Option C

Option D

Option E

First cost

5M

4M

2M

Annual maintenance costs

200,000

250,000

75,000

Increase in annual maintenance costs from the second year and thereafter

10,000

15,000

5,000

Salvage value

1.5M

1M

30M

Life span - years

20

20

perpetual

Annual revenue

1M

1.5M

250,000

Using a discount rate 0f 12%

In: Finance

what is the microeconomics concept or model that explains below behavior. explain. 1) company A, a...

what is the microeconomics concept or model that explains below behavior. explain.

1) company A, a competitor of B in the same market segment nevertheless supplies Company B with many of the components that B needs.

2) controversy in spain last year over the payment of a tax on the creation of mortgages. In response to popular pressure, the govt decreed that this tax be paid entirely by the bak from now on, and not by consumer. Banks did not push back against this policy change, despite many folks views that they have a strong case if they chose to fight the government decree in court

3) while country A has emerged as a world leader in the design and production of industrial robots, most of its production is sold internationally, with less than 1% purchased by manufacturing companies in the country A. In fact, robot statistics show a very low degree of automation of the manufacturing industry in country A: 0.0003 robots/worker, as opposed to 0.0085 worldwide, 0.02 in US or 0.03 in japan.

In: Economics

Supplemental Case Chapter 5: Gain Sharing at CircleWorks CircleWorks has been making custom bicycles for biking...

Supplemental Case Chapter 5: Gain Sharing at CircleWorks CircleWorks has been making custom bicycles for biking enthusiasts for nearly fifty years. The family-run company has had much success using small teams of employees to build bicycles to meet customer specifications. The custom built bikes have been in consistent demand and CircleWorks has maintained their position as a leader in the market. But, as a new generation of bike builders enters the workforce, Human Resources Director Sheila Gaines is concerned about employee motivation. She is considering offering incentives to encourage better teamwork, more employee involvement and improved productivity. Introducing incentive pay is a challenge at CircleWorks as it runs contrary to the organizational culture. The family who started the company believed strongly in hard work and traditional management practices and this view dominates the organizational culture. The company President has suggested to Sheila that employees should be motivated only by the satisfaction of getting the job done. Further, company management is somewhat resistant to employee involvement in decisions. While they have always had a suggestion box available, very rarely does management look to employees for input on operations. Advancing technology has allowed many changes in production techniques and management believes that the design engineers are in the best position to guide changes in the work processes. The bikes are built using teams of four to five workers who follow specific directions on building each bike. Because the bike designs are fairly intricate, each bike takes a designated amount of time to build and there is not much variability in the speed of production. However, Sheila has noted that some teams do work together better than others and wants to reward such cooperation. She has considered productivity bonuses awarded to the teams, but has also considered implementing a gain sharing plan. Sheila believes that some incentives directed at all employees as opposed to the individual teams may promote more cooperation overall within the company. Further, as new workers with varied talents enter their workforce, Sheila wants to provide some incentives for the employees to make improvements to the production process. As she prepares to meet with the company President, she must decide if a gain sharing plan is the best recommendation Read the case study and provide a recommendation to assist Human Resources Director Sheila Gaines in deciding whether a gain sharing plan is the best option for CircleWorks. Be sure to follow APA guidelines and write your paper in the proper format

In: Accounting

Jade MacIntire is a famous singer. Jade Aquarium, Inc. isa multimedia company with business interests in...

Jade MacIntire is a famous singer. Jade Aquarium, Inc. isa multimedia company with business interests in music, videos, and video games. Both Jade MacIntire and Jade Aquarium need help booking the licensing agreements they have entered into during the past year. They entered into the following licensing agreements: 1) In January, Jade Aquarium, Inc.purchased the intellectual property rights to the music created by Jade MacIntire to date of the contract, for $20,000. Under the terms of the contract has additionally acquired the right to purchase future compositions created and sung by the artist, for $500 per composition, within five-years from the date of the contract. The corporation can legally sell to another party the compositions it has purchased from the artist. 2) This year, Jade MacIntire has entered into an agreement with the producers of a Broadway musical, giving them the exclusive right to use a song that she wrote,for a $10,000 consideration. It is not a song Jade MacIntire willever personally perform. 3) Jade Aquarium, Inc. has also entered into a licensing agreement with a movie company allowing it to use two of the artist’s most popular compositions in future movies over the next two years. The movie company paid $2,000 for the option to use the songs and will pay an additional $1,500 each time the songs are used in a movie. It is expected that the use of the songs in the movies willbolster the artist’s popularity, increasing the demand for her albums. 4) Jade Aquarium, Inc. also collects royalties for songs written by Jade MacIntire and played on air. On average the company collects for 3500 song plays each month. Each play earns the company 9.1 cents in royalties. 5) Jade Aquarium produced a guitar music app that individuals can download for $2.99, with20,000 apps downloaded this year. The app is fully functional, but the company anticipates needing to provide software updates twice a year for the next five year; these costs are expected to equal $3,000 and are considered immaterial to the total app developmental cost of $60,000. 6) At the end of June, Jade MacIntire sold the rights to the use of her album cover images for t-shirts and mugs to Music Outfitters-R-Us for two years. Music Outfitters-R-Us paid Jade MacIntire $20,000 for the rights. Music Outfitters-R-Us has offered Jade a bonus of $10,000 if Jade MacIntire averages at least 50 shows per year over the next two years and $5,000 if Jade MacIntire averages at least 40 shows per year over the next two years. By the end of the year, Jade MacIntire had performed 50 shows. The probability of Jade MacIntire playing 20-29 shows next year is 15%, 30-39 shows next year is 25%, 40-49 shows next year is 30%, 50+ shows next year is 30%. Case Questions 1) Summarize the issues specifically related to accounting that are in this case. 2) Providing relevant support from the FASB Codification, discuss the proper accounting treatment for the revenue generating activities. More specifically, at what point(s) in time should revenue be recognized, and for what amount(s)? 3) Find, cite, and summarize the relevant international accounting standard applicable to this case. Compare and contrast relevant U.S. GAAP and IFRS standards.

In: Accounting

A certain custom engraving shop has traditionally had orders for between 1 and 50 units of whatever a customer orders.

A certain custom engraving shop has traditionally had orders for between 1 and 50 units of whatever a customer orders. Typically, a single worker would work all of the tasks needed for these traditional orders.

A large company has contacted this shop about engraving “ league-team-individual reward” plaques ( which are essentially identical to each other - but leagues have different logos, teams different names, etc.). It wants the shop to place a bid for this order. The expected volume is 12,000 units per year and will most likely last four years.

  1. To successfully bid ( low enough price) for such an order, what will the shop likely have to do?

  2. Describe a manufacturing process from the chapter that might be considered for the new process.

  3. Mention the advantages and disadvantages of the process you describe.

In: Operations Management