A cellular phone service provider is offering a new calling plan that it claims will result in an average savings of more than 20% for its customers who switch to the plan. To evaluate this claim, a consumer watchdog organization contacted a random sample of this provider's customers who enrolled in the new plan and computed their individual savings (as a percentage of their original monthly bill).

PctSavings(%)

9.84

14.13

15.01

23.47

19.07

21.37

19.64

22.38

26.56

22.52

23.11

18.77

32.77

(1) Use Minitab to construct a normal probability plot to check the normality condition. Report the value of the Anderson-Darling statistic (AD) below.

AD = (rounded to 3 decimal places; 2 for Minitab Express)

(2) Use Minitab to conduct a test to see if there is enough evidence for the provider's claim. Report the value of the appropriate test statistic and the p-value.

Test Statistic Value =  (rounded to 2 decimal places)
p-value =  (rounded to 3 decimal places; 4 for Minitab Express)

A terrible feature about remembering is the inability to forget. For many in the military and armed forces, this inability to forget traps them with a particular feeling associated with a particular moment. As the rules of war are uncompromising, the traumatic scars, both physical and emotional, hold power in the lives of those who have faced war. Over the years, posttraumatic stress disorder (PTSD) diagnoses have expanded to include victims of rape, environmental disasters, or any other event producing insurmountable and atypical levels of stress for an individual. When exceptionally stressful and atypical events occur in life, it is natural to feel discomfort or even trauma in response to the situation. Does everyone who experiences trauma become diagnosed with PTSD?

For this Discussion, consider whether the diagnosis of trauma always leads to the development of PTSD. If not diagnosed with PTSD, think about what alternative diagnoses might be possible for a client. With these thoughts in mind: Post a brief explanation of whether experiences of trauma always lead to the development of PTSD and explain why or why not. Then explain possible alternative client diagnoses.

Scenario

Janet is the newly appointed HR Representative with Global Plastics, Inc. This organization operates in the United States, Europe, and Asia and has fared worse than its competitors during a recent economic downturn. Janet’s predecessor retired after leading a major reduction in force, causing a significant exodus of key talent. With revenue, quality, and productivity down, management set several goals to address the human resources component of the company’s strategic plan:

• quickly re-invent the Human Resources function
• reposition it as a strategic partner to the business
• improve employee perceptions of her department
• retain top talent and develop a steady but highly-qualified stream of candidates to fill regular as well as critical positions

In her first month on the job Janet discovered the following issues:

• The recent departure of several mission-critical employees disclosed no systematic means of capturing expertise from employees; when they left, their knowledge left with them.
• HR's participation in the onboarding process of new employees was limited to having them attend a half-day orientation session where, between a video and a slide presentation about the company, they filled out benefits-related, payroll, ID and other paper forms. The new employees departed the session with little understanding of the mission and the respective role they each play in supporting and moving the mission forward.
• Aside from providing a coordinating function, human resources had outsourced recruiting to third parties who presented candidates based on their internet postings and other sources. No matter the level of the open position, human resources rarely conducted interviews or assessments before or after handing over the resumes from the outsourced recruiter to the appropriate hiring department. Human Resources would get involved again only when a candidate was selected.
• Training and Development (T&D) had largely been outsourced to several companies that provided generic on-line courses. The assessment of these courses added little value to the employee’s respective position.
• Job titles didn't reflect the work people did, and were used instead as a framework for budgeting and compensation. Many employees were doing unique work requiring different knowledge and skills.
• Job descriptions were inconsistent, long but vague lists consisting of high level duties, responsibilities, and qualifications.
• The Performance Employee Evaluation Program didn't align with anything, was viewed by managers and individual contributors alike as a burdensome annual chore that interfered with people's "real jobs."
• Attracting the top talent remains a continual challenge especially in its overseas operations. The turnover rate remains 20% higher than at Global Plastics US divisions.
• OSHA violations continued to increase over the past 24 months even after the organization committed to reduce the number of workplace safety incidents.

1. You are acting as a HR Consultant. Develop a strategic plan for Global Plastics, Inc. Human Resource department to address the issues Janet discovered and achieve the goals outlined in the scenario. Your strategic plan should include all elements of a strategic plan and address the following:

a. Align each of the issues with the goals in the company’s strategic plan.

b. Establish metrics to measure attainment of each of the goals.

c. Evaluate how the strategy will address each issue identified in the scenario.

The company was established with authorized capital 300 000$, of which 200 000$ were in cash, 60 000$ was in Building, 40 000$ was in equipment. The company has employees with salary      15 000$. During the week the company acquired a car for company needs, by the price 20 000$ and paid in cash the full amount. Then it obtained office supplies from Intellect LLC by the price 2000$, but paid 20% in cash. In order to get familiar to the publicity, the company arranged several interviews with one of the channels, and for this cause preliminary rented a room (which included snack and service) in PLAZA, and paid in advance in cash the amount 8000$ for the whole month. The company was supplied with goods from Craft LLC by the price 100 000$, plus freight-in charges in the amount of 3000$. During the check, there were found out that some goods are damaged, and some are provided incorrectly against the invoice. The damaged goods amounting to 6000$ were returned to Craft LLC, and despite of fact that there was incorrectness in provision of some goods, the company considered them still eligible for sale, but claimed allowance for them in the amount of 4000$. Craft LLC agrees and states that if our company makes the payment for the goods in 15 days, it will get an additional 10% discount on the price. Our company makes the payment during the discounting period. During the month company makes sales amounting to 220 000$ to Barnes LLC and send them invoice. During the transportation some of the goods were damaged and Barnes LLC returned to us 6000$ worth of damaged goods that costed 2500$, and paid in cash just            110 000$. Ending inventory at the end of the month was 15 000$. The utility expenses were 500$, commissions to staff were 10 000$. Al the expenses were paid out. Prepare relevant transactions, Balance and Income statement.

Three different companies each purchased trucks on January 1, 2018, for $76,000. Each truck was expected to last four years or 250,000 miles. Salvage value was estimated to be $6,000. All three trucks were driven 81,000 miles in 2018, 55,000 miles in 2019, 46,000 miles in 2020, and 71,000 miles in 2021. Each of the three companies earned $65,000 of cash revenue during each of the four years. Company A uses straight-line depreciation, company B uses double-declining-balance depreciation, and company C uses units-of-production depreciation. Answer each of the following questions. Ignore the effects of income taxes. b-1. Calculate the net income for 2021? (Round "Per Unit Cost" to 3 decimal places.)

Foto Company makes 50,000 units per year of a part it uses in the products
it manufactures. The cost per unit of this part is shown below:

direct materials .............. $13.00
direct labor ..................  10.10
variable overhead .............   6.50
allocated fixed overhead ......   8.60
total ......................... $38.20

An outside supplier has offered to sell Foto Company 50,000 of these parts
for $31.60 per unit. If the company accepts this offer, the facilities now
being used to make the part could be used to make more units of a product
that is in high demand. The additional contribution margin earned on this
other product would be $120,000 per year.

Calculate the selling price per unit charged by the outside supplier that
would make Foto economically indifferent between making and buying the part.

32

Jing Company was started on January 1, Year 1 when it issued common stock for $40,000 cash. Also, on January 1, Year 1 the company purchased office equipment that cost $18,000 cash. The equipment was delivered under terms FOB shipping point, and transportation cost was $2,500. The equipment had a five-year useful life and a $6,500 expected salvage value.

Assume that Jing Company earned $27,000 cash revenue and incurred $17,000 in cash expenses in Year 3. Using straight-line depreciation and assuming that the office equipment was sold on December 31, Year 3 for $10,100, the amount of net income or (loss) appearing on the December 31, Year 3 income statement would be:

-2600

6100

3400

5200

The adjusted trial balance for Cowboy Company follows:

Prepare the closing journal entries & post-closing trial balance for Cowboy Company in good form.

1. Explain why the Credit Department (which evaluates whether a Company should extend credit to a Customer) should not also be responsible for order processing and/or invoicing inside a Company? Be specific.

2. Explain why members of the Purchasing Department that commit and issue purchase orders to vendors on behalf of the Company should also not be responsible for processing and payment of invoices from vendors. Be specific in your answer. Who inside of the Company should be responsible for processing and paying vendor invoices?

3. Electronic payments, today, are a common way for one Company to pay another for goods or services received from a supplier. Many firms also set up automatic payments for certain monthly recurring payments to some suppliers, for example, for payment of monthly utility, telephone, Internet charges for essential services required by a firm. For electronic payments going through the Company’s monthly bank statement, what type of controls do you recommend that a firm implement to ensure that such payments are properly supported by vendor invoices? Be specific in your answer as to whom should do what every month.

On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $24,760 of office salaries and $70,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $13,060 of federal income taxes, $1,440 of medical insurance deductions, and $820 of union dues. No employee earned more than $7,000 in this first period.

Required:
1.1 Calculate below the amounts for each of these four taxes of Regis Company. Regis’s state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%.
1.2 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities.
2. Prepare the journal entry to record Regis’s employer payroll taxes resulting from the January 8 payroll. Regis’s state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%.

Calculate below the amounts for each of these four taxes of Regis Company. Regis’s state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%. (Round your answers to 2 decimal places.)

• Record the employee payroll expenses and liabilities for the first weekly pay period of the year.

Note: Enter debits before credits.

Prepare the journal entry to record Regis’s employer payroll taxes resulting from the January 8 payroll. Regis’s state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%. (Round your answers to 2 decimal places.)

Journal entry worksheet

• Record the employer’s payroll expenses and liabilities for the first weekly pay period of the year.

Note: Enter debits before credits.