How can we as managers manage organizational culture and innovation?
In: Operations Management
Is any change in an organization always innovation? Explain your position.
In: Operations Management
In: Operations Management
In: Operations Management
Describe how financial intermediation and financial innovation affect banking.
In: Finance
Describe the concept of customers as innovation partners and how to implement the concept.
In: Operations Management
The following stock prices pertain to Tesla (TSLA). Calculate the arithmetic and geometric returns from 2010 to 2019. Complete chart to help with problem .
|
2010 |
$ 4.82 |
|
|
2011 |
$ 5.81 |
|
|
2012 |
$ 7.51 |
|
|
2013 |
$ 36.28 |
|
|
2014 |
$ 40.72 |
|
|
2015 |
$ 38.24 |
|
|
2016 |
$ 50.38 |
|
|
2017 |
$ 70.86 |
|
|
2018 |
$ 61.40 |
|
|
2019 |
$130.11 |
A. Calculate the arithmetic average annual return for Tesla from
2010 through 2019.
B. Calculate the geometric average annual return for Tesla from 2010 through 2019.
In: Finance
|
In: Accounting
ABC Inc. producing A, B and C products, the following are costs and revenues information regarding these products during 2010:
|
Data |
A |
B |
C |
Total |
|
Revenues |
200,000 |
300,000 |
150,000 |
650,000 |
|
Costs: |
||||
|
DM |
80,000 |
160,000 |
60,000 |
300,000 |
|
DL |
30,000 |
60,000 |
20,000 |
110,000 |
|
VOH |
15,000 |
25,000 |
10,000 |
50,000 |
|
FOH (department- specific) |
20,000 |
35,000 |
15,000 |
70,000 |
|
FOH (factory-general) |
10,000 |
10,000 |
10,000 |
30,000 |
|
Operating expenses (Fixed) |
20,000 |
20,000 |
20,000 |
60,000 |
|
Operating income |
25,000 |
(10,000) |
15,000 |
30,000 |
Required:
1. Based on the above information, do advice the company to close department (B) assuming that in case of closing the department all department specific cost will be eliminated.
2. If the company closed department (B) and expand its operations in department (C), which entails increasing the revenues and costs by 40% and 80% of the fixed OH department specific cost moved to department (C), would you advise the company to do so?
In: Accounting
Sitcom Technology Case
Case Study: Cost Concept and Cost Sheet
Sitcom Technology was founded by two IIT graduates Rehan and Nixit in the year 2016 with the objective of providing IT solutions to various companies. They launched their FinTech start-up after getting funded Rs 25,00,000 by Business Ventures, one of the FinTech Angel investors. This was in the form of a loan at a 12% rate of interest.
Rehan utilized his unused two bedrooms flat in Bannerghatta, Karnataka worth Rs 60,00,000 for the office. Although he could get Rs 20,000 per month as rent for the same in the market, he rented it out to his start-up at Rs 15,000 per month and also decided to waive off the security deposit of Rs 100,0000 (going rate).
The other assets bought for their enterprise were four computers and a server (Rs. 200,000), two printers come scanner (Rs 18,000), two cordless phones & four mobiles (Rs 62,000), modem for wifi and other internet accessories (Rs 6000)and office furniture (Rs 1,70,000). After purchasing the furniture, they realized that Rs 20,000 invested in panel doors couldn’t be used. There was no return or refund for that. With no other option in hand, they sold these doors as scrap for Rs 8,000. Besides these purchases, they also invested Rs 40,000 in annual licenses for a lot of software.
Nixit picked up two of his juniors as Programmer and Visualizer come graphic designer after negotiating heavily on their hourly remuneration of 1,000 per hour on a freelancing basis. Depending on the number of hours invested in the development of a particular software/ERP/IT Solution, they were paid. In the month of April 2019, Sitcom Technology paid them Rs 84,000 for 42 hours of work put in by each one of them.
In addition to these two, a telephone operator and a data entry staff were also hired at Rs 13,000 and Rs 17,000 per month respectively. The monthly expenses of Sitcom Technology in April 2019 were:
|
Expenses |
Amount(Rs.) |
|
Salaries |
30,000 |
|
Rent |
15,000 |
|
Wages(peon) |
10,000 |
|
Electricity |
5,000 |
|
Telephone and internet charges |
12,000 |
|
Office stationery |
4,000 |
|
Trade Magazines |
500 |
|
Conveyances |
8,000 |
|
Advertising charges |
1,000 |
|
Tours and travel |
16,000 |
|
Snacks |
6,000 |
|
Miscellaneous |
5,000 |
In April 2019, Sitcom Technology received two big project orders from a leading private bank and one small programming work outsourced by a major IT company in Electronic City. The work was completed in the same month with all four of them putting in a lot of hours. The revenue generated from these three projects was Rs 4,10,000.
Question: Prepare the cost sheet for April 2019 and calculate the profit generated assuming the depreciation on fixed assets to be 10%.
NOTE- could you please provide me the solution ASAP.
In: Accounting