The Sentry Lock Corporation manufacturers a popular commercial security lock at plants in Macon, Louisville, Detroit and Pheonix. The per unit cost of production at each plant is $35.50, $37.50, $39.00, and $36.25, respectively, and the annual production capacity at each plant is 18,000, 15,000, 25,000, and 20,000, respectively. Sentry’s locks are sold to retailers through wholesale distributors in seven cities across the United States. The unit cost of shipping from each plant to each distributor is summarized in the following table along with the forecasted demand from each distributor for the coming year.

Sentry wants to determine the least expensive way of manufacturing and shipping locks from their plants to the distributor. Because the total demand from distributors exceeds the total production capacity of all plants, Sentry realized it will not be able to satisfy all the demand for its product, but wants to make sure each distributor will have the opportunity to fill at least 80% of the orders they receive. Let us suppose that the company operates optimally, what is the total cost incurred?

Contribution Income Statement and Operating Leverage
Florida Berry Basket harvests early-season strawberries for shipment throughout the eastern United States in March. The strawberry farm is maintained by a permanent staff of 10 employees and seasonal workers who pick and pack the strawberries. The strawberries are sold in crates containing 100 individually packaged one-quart containers. Affixed to each one-quart container is the distinctive Florida Berry Basket logo inviting buyers to "Enjoy the berry best strawberries in the world!" The selling price is $100 per crate, variable costs are $70 per crate, and fixed costs are $271,000 per year. In the year 2008, Florida Berry Basket sold 45,000 crates.

a) Prepare a contribution income statement for the year ended December 31, 2008. HINT: Use a negative sign with both "costs" answers.

(b) Determine the company's 2008 operating leverage. (Round your answer to two decimal places.)

(c) Calculate the percentage change in profits if sales decrease by 10 percent. (Round your answer to one decimal place.)
Answer

% decrease

(d) Management is considering the purchase of several berry-picking machines. This will increase annual fixed costs to $371,000 and reduce variable costs to $67.50 per crate. Calculate the effect of this acquisition on operating leverage and explain any change. (Round your answer to two decimal places.)

List the purpose of each of the following three paragraphs using Relevant auditing standards for questions related to Coca-Cola’s auditor’s opinion include AS 3101, AS 2201, AS 2820.

We have audited the accompanying consolidated balance sheets of The Coca-Cola Company and subsidiaries as of December 31, 2014 and 2013, and the related consolidated statements of income, comprehensive income, shareowners' equity, and cash flows for each of the three years in the period ended December 31, 2014. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated financial position of The Coca-Cola Company and subsidiaries at December 31, 2014 and 2013, and the consolidated results of their operations and their cash flows for each of the three years in the period ended December 31, 2014, in conformity with U.S. generally accepted accounting principles.

Microplastics have been found in both tap water and bottled water.
Bottled water results A study analyzed 259 bottles and found an average of 320 plastic particles for every liter of water being sold. The associated standard deviation was 327. (Yes, the standard deviation is larger than the mean.)
Tap water results In a similar study, 30 tap water samples were analyzed. The average number of plastic particles found in each liter in the United States was 8.8 with a standard deviation of 2.3.
Conduct a hypothesis to evaluate if there is a difference between the average number of plastic particles in water bottles vs tap water.

What type of test should be run?

• Paired T-test
• 2 Sample T-test
• T-test
• 1 Proportion Z-test
• 2 Proportion Z-test

What are the hypotheses for this test?

• Ho: μ_bottled = μ_tap
  Ha: μ_bottled > μ_tap
• Ho: μ_bottled = μ_tap
  Ha: μ_bottled < μ_tap
• Ho: μ_bottled = μ_tap
  Ha: μ_bottled ≠ μ_tap

The test statistic for the hypothesis test is:  (please round to two decimal places)
The p-value for the hypothesis test is:  (please round to four decimal places)
Interpret the result of the hypothesis test in the context of the study:

• We reject the claim that the average number of plastic particles found in tap water and bottled water is the same.
• We fail to reject the claim that the average number of plastic particles found in tap water and bottled water is the same.

Measuring the Impact of Sustainability Efforts Some economists and financial executives are beginning to consider the possibility of reporting sustainability costs and benefits in a more compre- hensive manner. The Nobel prize–winning economist, Joseph Stiglitz, and other economists have suggested that nations move beyond the traditional gross domestic product (GDP) measures of a nation’s output. They argue that GDP should include environmental assets and liabilities. For exam- ple, the marshlands in many parts of the United States are key to aquatic life, plant life, erosion control, and storm protection, providing billions of dollars of value. So development on these marsh- lands should be balanced against those values that would be lost in development. An example is the development of the wetlands of southern Louisiana. As a result of this development, New Orleans and southern Louisiana are now much more vulnerable to storms. Some have estimated that the value of those wetlands would be in the trillions of dollars if the wetlands had been there to reduce the impact of Hurricane Katrina in 2005. Canada, Germany, Mexico, Australia, and Japan are among the 24 countries that use some form of “natural capital accounting.”

Individual companies are also looking at the use of this type of sustainability accounting. For example, the sportswear company Puma has considered including on each product tag the estimated monetary value of the environmental cost of the production of the product.

Required List what you would consider to be some of the advantages and disadvantages of the more com- prehensive sustainability reporting proposed by some economists for governments. What are some of the advantages and disadvantages of the type of sustainability reporting being considered by Puma for indi- vidual companies?

10. Soft currencies are currencies that attract little global demand.

a. True b. False

11. Which organization(s) has helped decrease tariffs?

a. GATT b. WTO c. GATT and WTO d. World Bank

12. In the United States, export tariffs are prohibited by the constitution.

a. True b. False

13. Which IS NOT a factor influencing a country's competitive advantage in an industry?

a. Balance of payments b. Elements of production c. Nature of domestic demand d. Presence of related industries

14. For domestic producers, a strong domestic currency provides the greatest protection.

a. True b. False

15. In the balance of payments, stock purchases are never considered direct investments.

a. True b. False

16. Which of the following is a non-tariff barrier?

a. Licensing regulations

b. Health and safety regulations

c. Government subsidies

d. All of these are non-tariff barriers

17. The GATT principal of transparency requires that member countries make trade restrictions overt.

a. True b. False

18. In NAFTA, member countries agreed to drop trade barriers among themselves, but the agreement does not set common external tariffs.

a. True b. False

19. China's competitive advantage may be decreasing because:

a. Wage rates in China are decreasing b. Wage rates in China are increasing c. The value of the yuan is increasing d. The yuan is slowly devaluing against the dollar and the euro

20. Culture encompasses:

a. Morals b. Habits c. Religion d. All of the above

PLEASE ANSWER ASAP

QUESTION 30

In America, a company can always refuse to hire a candidate solely because of a criminal history.

True

False

QUESTION 31

A “fitness for duty” test is not a medical exam.

True

False

QUESTION 33

The cost of recruiting, selecting, and training a new employee is usually more than 100% of that employee's annual salary.

True

False

QUESTION 34

The recruiter is one of the primary factors responsible for an applicant showing interest in an organization and its jobs.

True

False

QUESTION 35

One out of every six people in the United States would not be able to be reached via Internet recruitment.

True

False

QUESTION 36

Usually, all recruiting evaluation methods are comparisons to historical averages.

True

False

QUESTION 37

Walk-ins usually have a good basic skill set.

True

False

QUESTION 38

If you expand your labor market regionally, nationally, or globally, you may find better talent, and different types of talent.

True

False

QUESTION 39

Outsourcing is the only alternative to recruitment.

True

False

QUESTION 40

We have to abide by all of the EEO laws currently in existence, when recruiting for our organization.

True

False

QUESTION 41

We should always consider a viable and financially feasible way to solve internal labor shortages, including recruiting new employees, overtime, and outsourcing.

True

False

QUESTION 42

One of the strengths of public agencies is that they heavily prescreen recruits.

True

False

The price of a share of stock divided by the company's estimated future earnings per share is called the P/E ratio. High P/E ratios usually indicate "growth" stocks, or maybe stocks that are simply overpriced. Low P/E ratios indicate "value" stocks or bargain stocks. A random sample of 51 of the largest companies in the United States gave the following P/E ratios†.

(a) Use a calculator with mean and sample standard deviation keys to find the sample mean x and sample standard deviation s. (Round your answers to one decimal place.)

(b) Find a 90% confidence interval for the P/E population mean μ of all large U.S. companies. (Round your answers to one decimal place.)

(c) Find a 99% confidence interval for the P/E population mean μ of all large U.S. companies. (Round your answers to one decimal place.)