Ask a member of the Human Resources team (or the person who does the hiring) at your work what they see as the key characteristics of a successful manager. In the discussion thread, provide a summary, answering the following questions: 1. What company do you work for and what is the role of the individual you interviewed? 2. What are the key characteristics of a successful manager that your colleague described? 3. What are your thoughts on your colleague’s response? you can use the company lowes

Corporation Tax v Individual Income Tax

Scenario

Mr. Mat lives in Barbados and is desirous of starting his own business from inheritances that his parents left him. He approached you for advice on the best type of business to register. Mr. Mat said he would love to gain benefits from any tax relief that is available that the government has to offer.

You are required to advise Mr. Mat whether it would be more beneficial to start a Company or an Individual Trading Business.

In your answer you should outline for Mr. Mat why setting up either a company, or a trading as business is more advantageous over the other. You are to cover matters like:

a. Tax rates

b. Available tax reliefs and or tax credits

c. Ease of operations of a company, as well as ease of operations of an individual trading business

J.J. Heva Company is an American company that prepares its financial statements under US GAAP. In 2014, the company reported income of $5,000,000 wit stockholders’ equity of $40,000,000 on December 31, 2014. In anticipation of possible adoption of IFRS by the US companies, the management wishes to explore possible impacts of the conversion on the company’s financial statements. You are hired to prepare a reconciliation schedule to convert 2014 income as well as stockholders’ equity on December 31, 2014 from US GAAP basis to IFRS. The following information is provided by the company’s accounting department:

In 2012, the company’s pension plan was amended and consequently created a past service cost of $75,000. Half of the past service cost was attributable to already vested employees who had an average remaining service life of 15 years, and half of the past service cost was attributable to non-vested employees who, on average, had two more years until vesting. The company has no retired employees.

In 2014, the company entered into a contract to provide engineering services to a long term customer over a 12-month period. The fixed price is $300,000 and the company estimates with high degree of reliability that the project is 30 percent complete at the end of 2014.

The company publicly announced a restructuring plan in 2014 and created a valid expectation on the part of the employees to be terminated that the company will carry out the restructuring. The estimated cost of restructuring is $500,000. No legal obligation to restructure exists as of December 31, 2014.

Stock options were granted to key officers on January 1, 2014. The grant date fair value per option was $10, and a total of 9,000 options were granted. The options vest in equal installments over three years: one-third in 2013, one-third in 2014, and one-third in 2015. A straight line method is utilized to recognize compensation expense related to stock options.

On January 1, 2013, the company issued $10,000,000 of 5% bonds at par value that matures in five years on December 31, 2017. Costs incurred in issuing the bonds were $500,000. Interest is paid on bonds annually. Assume the effective interest rate is 6.193%.

Make sure your reconciliation statement is accompanied by an adequate explanation and reference for every one of your adjustments. Ignore income taxes.

J.J. Heva Company is an American company that prepares its financial statements under US GAAP. In 2014, the company reported income of $5,000,000 wit stockholders’ equity of $40,000,000 on December 31, 2014. In anticipation of possible adoption of IFRS by the US companies, the management wishes to explore possible impacts of the conversion on the company’s financial statements. You are hired to prepare a reconciliation schedule to convert 2014 income as well as stockholders’ equity on December 31, 2014 from US GAAP basis to IFRS. The following information is provided by the company’s accounting department:

1. In 2012, the company’s pension plan was amended and consequently created a past service cost of $75,000.   Half of the past service cost was attributable to already vested employees who had an average remaining service life of 15 years, and half of the past service cost was attributable to non-vested employees who, on average, had two more years until vesting. The company has no retired employees.
2. In 2014, the company entered into a contract to provide engineering services to a long term customer over a 12-month period. The fixed price is $300,000 and the company    estimates with high degree of reliability that the project is 30 percent complete at the end of 2014.
3. The company publicly announced a restructuring plan in 2014 and created a valid expectation on the part of the employees to be terminated that the company will carry out the restructuring. The estimated cost of restructuring is $500,000. No legal obligation to restructure exists as of December 31, 2014.
4. Stock options were granted to key officers on January 1, 2014. The grant date fair value per option was $10, and a total of 9,000 options were granted. The options vest in equal installments over three years: one-third in 2013, one-third in 2014, and one-third in 2015. A straight line method is utilized to recognize compensation expense related to stock options.
5. On January 1, 2013, the company issued $10,000,000 of 5% bonds at par value that matures in five years on December 31, 2017. Costs incurred in issuing the bonds were $500,000. Interest is paid on bonds annually. Assume the effective interest rate is 6.193%.

Make sure your reconciliation statement is accompanied by an adequate explanation and reference for every one of your adjustments. Ignore income taxes.

J.J. Heva Company is an American company that prepares its financial statements under US GAAP. In 2014, the company reported income of $5,000,000 wit stockholders’ equity of $40,000,000 on December 31, 2014. In anticipation of possible adoption of IFRS by the US companies, the management wishes to explore possible impacts of the conversion on the company’s financial statements. You are hired to prepare a reconciliation schedule to convert 2014 income as well as stockholders’ equity on December 31, 2014 from US GAAP basis to IFRS. The following information is provided by the company’s accounting department:

1. In 2012, the company’s pension plan was amended and consequently created a past service cost of $75,000.   Half of the past service cost was attributable to already vested employees who had an average remaining service life of 15 years, and half of the past service cost was attributable to non-vested employees who, on average, had two more years until vesting. The company has no retired employees.
2. In 2014, the company entered into a contract to provide engineering services to a long term customer over a 12-month period. The fixed price is $300,000 and the company    estimates with high degree of reliability that the project is 30 percent complete at the end of 2014.
3. The company publicly announced a restructuring plan in 2014 and created a valid expectation on the part of the employees to be terminated that the company will carry out the restructuring. The estimated cost of restructuring is $500,000. No legal obligation to restructure exists as of December 31, 2014.
4. Stock options were granted to key officers on January 1, 2014. The grant date fair value per option was $10, and a total of 9,000 options were granted. The options vest in equal installments over three years: one-third in 2013, one-third in 2014, and one-third in 2015. A straight line method is utilized to recognize compensation expense related to stock options.
5. On January 1, 2013, the company issued $10,000,000 of 5% bonds at par value that matures in five years on December 31, 2017. Costs incurred in issuing the bonds were $500,000. Interest is paid on bonds annually. Assume the effective interest rate is 6.193%.

Make sure your reconciliation statement is accompanied by an adequate explanation and reference for every one of your adjustments. Ignore income taxes.

1. Your US Company has just purchased a large quantity of parts from a German company for 2.0 million Euros. Your company will make the payment of 2.0 million Euros in 90 days. The current Spot rate on the EUR is $1.14 ($1.14/1 EUR)  

Your company has assumed that the expected spot rate on the EUR in 90 days will be the    same as the spot price today (The expected change in the spot rate over the next 90 days is 0.0%). However, the standard deviation of the expected change in the spot rate is 8% per year (4.0% per 90 days). Remember that a 5% one-sided tail is approximately 1.65 standard deviations away from the mean. Assume this transaction is the only international transaction your company is engaged in.

1. What is the expected US dollar cost of the 2.0 million EUR paid in 90 days?

Expected US Dollar = $_______ _____________

2. Are you worried that the Euro will strengthen or weaken over the next 90 days if you leave the position “unhedged”

Worried that Euro will = (strengthen / weaken )

3. What is the 95% Value-at-Risk measured in US dollars for this transaction?

                        95% Value at Risk = $ ____________

Ace, Inc., a US company, has been approached by Lakson Group, a company from Pakistan, to explore the possibility of a joint venture in Pakistan to produce widgets. Ace is currently exporting 100,000 widgets a year to Pakistan? importer SS Import-Export Co. at 5,000 Pakistan rupees (PKR) each. The spot exchange rate is 100 PKR per $1. Currently, each widget costs Ace $30 to produce and ship to Pakistan. However, the current import agreement Ace has obtained from the Pakistani government is scheduled to expire. Ace estimates that joint venture sales in Pakistan will be 105,000 widgets the first year of operations, increasing 5% annually thereafter. Production of widgets in Pakistan requires the construction of a plant which, at the prevailing spot exchange rate, has an immediate cost of $6,000,000 to be equally shared by the two firms. The plant could be depreciated on a straight-line basis over 8 years. In addition, it is estimated that at the prevailing spot exchange rate each partner must contribute $500,000 of net working capital right away to launch the joint venture. The total cost of production in Pakistan is currently estimated to be 2300 PKR per widget and is expected to remain unchanged over the following five years. Part of this cost is for components produced by Ace in the US, at a cost of $5, and then supplied to the joint venture plant in Pakistan at $7 per widget. SS Import-Export has agreed to buy the widgets produced in Pakistan over the next five years at the same price it currently pays to import them from the US. The applicable tax rate in Pakistan, and in the US, is 35%. After five years of operations, Ace will pull out of the joint venture and in return it will recover in full its investment in net working capital and it will also sell its share of the plant to Lakson for an amount equal to 110% of its share of the plant’s book value at that time. To promote investment by US firms in Pakistan, the US government has agreed that the sale of Ace’s share of the plant to Lakson five years from now has no tax implications. In addition, the Pakistani government has agreed that at the end of each of the five years of operations, Ace may remit its share of the joint venture’s net cash flows to the US at the prevailing exchange rate. You are in charge of evaluating the joint venture for Ace. You believe that projects similar to that in the joint venture would require a 12% rate of return if undertaken in the US. Further, your assistant has provided the following input about the projected inflation rates over the next five years:

Year 1 2 3 4 5

US 1% 1% 2% 2% 2%

Pakistan 3% 4% 6% 6% 6%

1. What would be your recommendation to Ace? Make sure you provide calculations using the “foreign country approach” and the “home country approach” and explain to the management of the two partner firms what the dollar denominated NPV of the joint venture to Ace is under each of these two approaches. (Note: To enable comparisons across students, please explain in detail your calculations for t = 2, as well as for any special, one time, items you encounter at t = 0 and t = 5 in your analysis.)

2. Assume that Ace decides to enter in the joint venture. However, Ace has only $1,500,000 in cash available for investment in the project. Hence, Ace wants to get a two year dollardenominated loan now from its US bank at 10% annual interest rate against its share of the joint venture’s first and second year net cash flows. How much would Ace be able to borrow if it enters in to a forward contract at 102.5 PKR per $1? Would the total of the loan and the cash currently available enable Ace to proceed with the project?

3. Assume Ace enters in the joint venture and Bank of Khyber, a Pakistani bank, offers to remit all future net cash flows to Ace at the fixed exchange rate of 110 PKR per $1 for a $20,000 fee payable immediately. Would you recommend that Ace accepts this offer or not?

4. What are the additional risks Ace faces by stepping into an international joint venture with Lakson Group as opposed to having a similar domestic joint venture with a US firm? Have you accounted for any of these risks in your evaluation of the joint venture of Ace with Lakson Group? If yes, how?

Topic: Productivity cost and contingent market valuation.

Suppose the faith-based organization has three leaders:

- a 52 year old, African American male physician in private practice who also holds a PhD;

- a 29 year old Native American female lawyer also holds and MBA and who works for a large firm that specializes in medical malpractice claims; and

- a 38 year old, Caucasian male with an MA in art history who works as cook at a local restaurant. Suppose that each of them uses their free time to be a group leader at the faith- based organization. Each person spends three hours a week as a group leader.

Question: ​​​How would the Panel on Cost-Effectiveness in Health and Medicine put a value on each person’s time? Note that this is the inputs taken into consideration rather than actual amounts.

Individual differences are something which refers to the different way of activities an individual perform in an organization. Managers need to understand these individual differences very carefully as it relates with the emotions, thoughts and feelings of an employee and also production of an organization depends largely on individual differences. The five individual differences are openness, conscientiousness, extraversion, agreeableness and neuroticism. One of the most important individual differences is the conscientiousness which the managers need to understand from the perspective of the potential impact of individual differences on organizational behavior. Conscientiousness is something which refers to someone who has the qualities of being organized, be on time, structured, looking for success and trustworthy. This qualities in an employee is important because this can maintain a good and quality-oriented environment in an organization. This can eventually affect on the production of the organization. These are some decent work behavior. These type of qualities in an employee can have big impact on productivity and also can create a good working environment. Managers need to understand these individual differences as to put the right person in right position and it can also help in hiring the right person as well.

Do you agree with the post above ? why?

Juan: 18-year-old teenager, who started university this year so he moved to the capital. He does not know how to cook, so he eats away from home. He does not do physical activity, he only does academic activities. Weight: 135 kg Size: 1.90 mt

apply nutritional assessment, nutritional diagnosis, nutritional intervention, and nutritional vigilance