Burnaby Ltd. is considering the acquisition of new production equipment. If purchased, the new equipment would cost $1,850,000. Installation and testing costs would be $35,000 and $25,000 respectively. Once operational, the equipment will cause an increase in working capital of $120,000. The new equipment is expected to generate increased annual sales of $720,000. Variable costs to operate the machine are estimated at 42% of sales and annual fixed costs would be lowered by $75,000. The equipment has an estimate 6 year life and a salvage value of $90,000. The company requires an 11% return on its investments. Ignore income taxes.

Required: a.   Compute the net present value.

b. How do you compare NPV to Payback method? Which method is likely to be more reliable?

Sammy Benson supervised greater Downtown Bank's Special Check Sorting Unit, which processed odd-sized, foreign, and damaged checks. Once the checks were sent to his unit, they were manually interpreted, recorded, entered into the appropriate account transactions, and filed for return. Sammy supervised three check sorting clerks in his department. These jobs were staffed by relatively untrained, entry-level individuals who had just graduated from high school. During the summer, Greater Downtown Bank hired low-income, disadvantaged young people for various jobs throughout the company as part of its Community Upbeat campaign. To participate in this effort, representatives from the Human Resources Department visited selected high schools to interview students. Since the students were already prescreened by the school, the interviews were little more than "get-acquainted" discussions. Last summer, Sammy's unit supplied one of the jobs in this effort. Juanita Perez was hired in this context to work as a Special Checks clerk. She was scheduled to begin working in June after graduating from the local vocational high school, where she maintained a C average. This was her first full-time job. When Juanita reported to the bank for a brief induction program, she was scared. It was not only her first day on the job, but the first time she had ever been in the bank. Nevertheless, she kept up her courage and reported to the Human Resources Department as planned. After waiting in the lobby for a while, she was taken to a small meeting room where she and two other new hires were shown how to fill out and sign various forms and documents. Next, an administrative assistant read to the new hires a series of personnel policies about work schedules, breaks, overtime, pay secrecy, attendance, and benefits. She signed more forms, wondering what all this meant. As the meeting drew to a close, Sammy Benson arrived after receiving a call from Human Resources. He and Juanita were introduced for the first time. Sammy escorted Juanita back to the Human Resources Department, showing her the bank's various offices and other departments. He gave her a quick tour of his area, introducing her to the other clerks as he went. Sammy was careful not to interrupt their work, however, nor did he explain to Juanita what they were doing. It was obvious by the expressions on their faces that the employees were surprised to see her. After a quick tour and passing introductions, Sammy gave Juanita some basic instructions in her job. He gave Juanita the job of processing foreign checks. He felt this task was the easiest job to learn and do correctly. During her first day on the job, Sammy spent about 15 minutes showing her the procedure: inspect, record, enter, adjust, file. Since he had to prepare for a meeting later that day, that was all the time he could spend with her. By the end of the first week, Juanita seemed to be getting the hang of things: She came to work on time, stayed busy, and was fairly pleasant and easy to get along with. Sammy intended to spend as much time as possible with her during this period; however, because she seemed to catch on quickly and he was very busy, he saw her only occasionally over the next few weeks. Then, after about a month, Juanita called in sick one day. A replacement was brought in, and as she looked through Juanita's desk for a notepad, she found what appeared to be a large pile of unfiled checks. When Sammy looked through the pile, he found that there were, in fact, quite a few unprocessed checks, some of which dated from Juanita's first day on the job. As they were the more unusual kinds of checks the department handled, Sammy assumed that she apparently had not known how to process them. Unfortunately, the combined value of these checks totaled around $65,000. The bank had lost the "float" value on them, and Sammy knew that customer complaints would be coming in soon. Sammy expected Juanita to come back to work the following day, and he wondered if he should write up a warning notice for her immediately.

(Source: Alan Clardy, Ph.D., Advantage Human Resources, HRD Press, 1994)

1- What could be done by Sammy to manage Juanita's poor performance problem? Suggest four (4) methods of how Sammy can provide Juanita with skills and knowledge to improve her performance. Provide suitable example to support your answer.

2- Managers have the most significant impact on employee performance. Based on this statement, how would Sammy align the performance of his staff with the organizational goals? Propose four (4) work practices that Sammy can apply which lead to both high individual and high organizational performance. Provide suitable example to support your answer.

please I need some extra lines to write, our answer based on ( Stephen P. Robbins, Mary A. Coulter Management thirteenth edition ) book

Special Checking Is Handed a Loss

Sammy Benson supervised greater Downtown Bank's Special Check Sorting

Unit, which processed odd-sized, foreign, and damaged checks. Once the checks were

sent to his unit, they were manually interpreted, recorded, entered into the appropriate

account transactions, and filed for return.

Sammy supervised three check sorting clerks in his department. These jobs were

staffed by relatively untrained, entry-level individuals who had just graduated from high

school. During the summer, Greater Downtown Bank hired low-income, disadvantaged

young people for various jobs throughout the company as part of its Community Upbeat

campaign. To participate in this effort, representatives from the Human Resources

Department visited selected high schools to interview students. Since the students were

already prescreened by the school, the interviews were little more than "get-acquainted"

discussions. Last summer, Sammy's unit supplied one of the jobs in this effort.

Juanita Perez was hired in this context to work as a Special Checks clerk. She

was scheduled to begin working in June after graduating from the local vocational high

school, where she maintained a C average. This was her first full-time job.

When Juanita reported to the bank for a brief induction program, she was

scared. It was not only her first day on the job, but the first time she had ever been in

the bank. Nevertheless, she kept up her courage and reported to the Human Resources

Department as planned. After waiting in the lobby for a while, she was taken to a small

meeting room where she and two other new hires were shown how to fill out and sign

various forms and documents. Next, an administrative assistant read to the new hires a

series of personnel policies about work schedules, breaks, overtime, pay secrecy,

attendance, and benefits. She signed more forms, wondering what all this meant.

As the meeting drew to a close, Sammy Benson arrived after receiving a call from

Human Resources. He and Juanita were introduced for the first time. Sammy escorted

Juanita back to the Human Resources Department, showing her the bank's various

offices and other departments. He gave her a quick tour of his area, introducing her to

the other clerks as he went. Sammy was careful not to interrupt their work, however,

nor did he explain to Juanita what they were doing. It was obvious by the expressions

on their faces that the employees were surprised to see her.

After a quick tour and passing introductions, Sammy gave Juanita some basic

instructions in her job. He gave Juanita the job of processing foreign checks. He felt

this task was the easiest job to learn and do correctly. During her first day on the job,

Sammy spent about 15 minutes showing her the procedure: inspect, record, enter,

adjust, file. Since he had to prepare for a meeting later that day, that was all the time he

could spend with her. By the end of the first week, Juanita seemed to be getting the

hang of things: She came to work on time, stayed busy, and was fairly pleasant and easy

to get along with. Sammy intended to spend as much time as possible with her during

this period; however, because she seemed to catch on quickly and he was very busy, he

saw her only occasionally over the next few weeks.

Then, after about a month, Juanita called in sick one day. A replacement was

brought in, and as she looked through Juanita's desk for a notepad, she found what

appeared to be a large pile of unfiled checks. When Sammy looked through the pile, he

found that there were, in fact, quite a few unprocessed checks, some of which dated

from Juanita's first day on the job. As they were the more unusual kinds of checks the

department handled; Sammy assumed that she apparently had not known how to

process them. Unfortunately, the combined value of these checks totaled around

$65,000. The bank had lost the "float" value on them, and Sammy knew that customer

complaints would be coming in soon.

Sammy expected Juanita to come back to work the following day, and he wondered if he should write up a warning notice for her immediately.

Q1/ What could be done by Sammy to manage Juanita's poor performance problem? Suggest four (4) methods of how Sammy can provide Juanita with skills and knowledge to improve her performance. Provide suitable example to support your answer.

Q2/ Managers have the most significant impact on employee performance. Based on this statement, how would Sammy align the performance of his staff with the organizational goals? Propose four (4) work practices that Sammy can apply which lead to both high individual and high organizational performance. Provide suitable example to support your answer.

Conflict of Interest: Luca Deporte is the Senior Portfolio Strategist for the Republic of Benga’s sovereign wealth fund - The Zouk Fund. The fund employs external specialist asset managers to manage various portions of the Zouk fund mandate in the category of developed market equity. Earlier in the week Luca received a phone call from Alex, a former colleague from Business School. Alex is now a sell-side analyst with a reputable major North American asset management firm and is in the process of expanding his clientele and is keen on landing the Zouk fund as a potential lucrative client. During his conversation with Luca, Alex introduces the products and services available and the prospect of gaining a share of the externally managed portfolios. The sales call is timely as Luca was already evaluating existing and potential managers for the developed market equity portion of the fund. Further, Luca’s research reveals that Alex’s employer’s products are generally aligned with the Zouk fund’s mandate. Luca decides to give Alex a chance and includes Alex’s firm as a recommended external manager for the developed market equity. However the report does not mention his familiarity with the sales analyst-Alex. Consider the Following questions in your post \

1. What is an ethical dilemma in this case?
2. What are the employer’s duties?
3. In an effort to avoid conflict the employer can find alternative solutions, which can be reconsidered, and new alternative solutions.                                                                                                      
4. What action do you think is required by Luca if any? In a response no of between 250-300 words indicate how you would have approached this dilemma differently from an ethical perspective. What would your actions be as the employee? What standards would you use? K

EJ is a 14-year-old male who currently resides at a behavioral health resident treatment facility. He has been diagnosed with obesity and hyperlipidemia, most likely due to side effects from the medications he is taking for bipolar disorder. The registered dietitian has been asked to speak with EJ about his new diet order for a low-fat diet and to provide suggestions to EJ’s family. EJ is expected to return home next month. His family has been participating in family counseling weekly with EJ while he has been at the facility. Currently EJ is 195 pounds and 70 inches tall. EJ’s mother reports that EJ typically eats at fast-food restaurants after school three or four days a week. His intake of fruits and vegetables has only been 1-2 daily while at the facility, and his mother indicates this is more than he eats at home. When EJ does drink milk, it’s usually whole milk. EJ’s family is very busy, and often EJ and his two older siblings prepare their own dinner.

Questions:

1. What is EJ’s BMI? How does this classify his weight at this time?

2. What dietary recommendations do you have, specific to EJ’s situation, that can help him improve his nutritional intake and reduce his fat consumption?

3. What guidelines do you need to keep in mind as you provide nutrition education and counseling to adolescents?

4. Research the impact of family meals in the lives of adolescents using PubMed (http://www.ncbi.nlm.nih.gov/pubmed/). What is the consensus on family meals as they relate to the health of adolescents?

EJ is a 14-year-old male who currently resides at a behavioral health resident treatment facility. He has been diagnosed with obesity and hyperlipidemia, most likely due to side effects from the medications he is taking for bipolar disorder. The registered dietitian has been asked to speak with EJ about his new diet order for a low-fat diet and to provide suggestions to EJ’s family. EJ is expected to return home next month. His family has been participating in family counseling weekly with EJ while he has been at the facility. Currently EJ is 195 pounds and 70 inches tall. EJ’s mother reports that EJ typically eats at fast-food restaurants after school three or four days a week. His intake of fruits and vegetables has only been 1-2 daily while at the facility, and his mother indicates this is more than he eats at home. When EJ does drink milk, it’s usually whole milk. EJ’s family is very busy, and often EJ and his two older siblings prepare their own dinner.

Questions:

1. What is EJ’s BMI? How does this classify his weight at this time?

2. What dietary recommendations do you have, specific to EJ’s situation, that can help him improve his nutritional intake and reduce his fat consumption?

3. What guidelines do you need to keep in mind as you provide nutrition education and counseling to adolescents?

4. Research the impact of family meals in the lives of adolescents using PubMed (http://www.ncbi.nlm.nih.gov/pubmed/). What is the consensus on family meals as they relate to the health of adolescents?

EJ is a 14-year-old male who currently resides at a behavioral health resident treatment facility. He has been diagnosed with obesity and hyperlipidemia, most likely due to side effects from the medications he is taking for bipolar disorder. The registered dietitian has been asked to speak with EJ about his new diet order for a low-fat diet and to provide suggestions to EJ’s family. EJ is expected to return home next month. His family has been participating in family counseling weekly with EJ while he has been at the facility. Currently EJ is 195 pounds and 70 inches tall. EJ’s mother reports that EJ typically eats at fast-food restaurants after school three or four days a week. His intake of fruits and vegetables has only been 1-2 daily while at the facility, and his mother indicates this is more than he eats at home. When EJ does drink milk, it’s usually whole milk. EJ’s family is very busy, and often EJ and his two older siblings prepare their own dinner.

Questions:

1. What is EJ’s BMI? How does this classify his weight at this time?

2. What dietary recommendations do you have, specific to EJ’s situation, that can help him improve his nutritional intake and reduce his fat consumption?

3. What guidelines do you need to keep in mind as you provide nutrition education and counseling to adolescents?

4. Research the impact of family meals in the lives of adolescents using PubMed (http://www.ncbi.nlm.nih.gov/pubmed/). What is the consensus on family meals as they relate to the health of adolescents?

You are a loan officer for First Benevolent Bank. You have an uneasy feeling as you examine a loan application from Daring Corporation. The application included the following financial statements.

It is not Daring’s profitability that worries you. The income statement submitted with the application shows net income of $20,000 in Daring’s first year of operations. By referring to the balance sheet, you see that this net income represents a 20% rate of return on assets of $100,000. Your concern stems from the recollection that the note payable reported on Daring’s balance sheet is a two-year loan you approved earlier in the year.

You also recall another promising new company that, just last year, defaulted on another of your bank’s loans when it failed due to its inability to generate sufficient cash flows to meet its obligations. Before requesting additional information from Daring, you decide to test your memory of the intermediate accounting class you took in night school by attempting to prepare a statement of cash flows from the information available in the loan application.

For the following data, determine the correct data type.

1- The number of protesters at a rally against a new government initiative.

Qualitative

Quantitative (Discrete)

Quantitative (Continuous)

2- The height of buildings in a city.

Qualitative

Quantitative (Discrete)

Quantitative (Continuous)

3- The distance from your home to school.

Nominal

Ordinal

Interval

Ratio

4- The following table displays some data about the top scoring NHL (National Hockey League) players in the 2017-2018 season, ranked by total points scored.

Identify the level of data measurement for each of the following variables as provided in the table.

5- In the wake of several police arrests in relation to money laundering and dirty cash cleaning, a beauty salon franchise launched an audit into how their franchisees were keeping their books. The audit team selected five franchisees, closest to the company's headquarters, to be audited.

Simple Random Sampling

Systematic Sampling

Stratified Random Sampling

Cluster Sampling

Convenience Sampling

Project Selection

Your company is prepared to undertake several new projects over the next five years. Each Division has submitted a number of project proposals that include the annual budgets and anticipated profit. Your company’s annual budgets for the next five years are as follows. (Amounts are X$1000)

The project proposals (for a total of fifteen possible projects) are as follows:

What project selection should your company choose? (You decide what criterion to use, but recall that this Business school.)

Please show/explain using excel solver