A single mother who suffered from depression was
transferred to an office assistant position at a university. The
transfer entailed a six-month probationary period. A professor at
the university was her supervisor. During the probationary period,
the professor sometimes leered at the woman, made sexual comments,
and showed her a pornographic Web site. When the woman told the
professor that she was not interested, he eventually ceased the
activity. The professor also criticized her work and threatened to
extend her probationary period. Two months after her probationary
period had ended, the woman received a performance appraisal that
she viewed as being unjustifiably negative. She believed that the
criticism of her work was related to her failure to respond
positively to the professor’s sexual overtures and that the way to
avoid criticism and keep her job was to go along with him. Shortly
thereafter, the professor requested sex from the woman and she
complied. The two had sex in the workplace on numerous occasions
over the next year. After unsuccessfully attempting to transfer to
another position, the woman filed a harassment charge. The
university immediately initiated an investigation and placed the
woman on paid administrative leave to separate her from the
professor. The investigators initially found insufficient evidence
of harassment but recommended that the woman be transferred to a
different position with a female faculty member as her supervisor.
Later, when the woman provided certain physical evidence that she
had been withholding, university officials confronted the professor
and he resigned.
1. What should the court decide?
2. Why?
In: Operations Management
Worley Company buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to hundreds of hospitals. Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospitals by 8%. For example, if a hospital buys supplies from Worley that cost Worley $100 to buy from manufacturers, Worley would charge the hospital $108 to purchase these supplies.
For years, Worley believed that the 8% markup covered its selling and administrative expenses and provided a reasonable profit. However, in the face of declining profits, Worley decided to implement an activity-based costing system to help improve its understanding of customer profitability. The company broke its selling and administrative expenses into five activities as shown:
| Activity Cost Pool (Activity Measure) | Total Cost | Total Activity | |||
| Customer deliveries (Number of deliveries) | $ | 440,000 | 5,000 | deliveries | |
| Manual order processing (Number of manual orders) | 438,000 | 6,000 | orders | ||
| Electronic order processing (Number of electronic orders) | 210,000 | 10,000 | orders | ||
| Line item picking (Number of line items picked) | 902,000 | 440,000 | line items | ||
| Other organization-sustaining costs (None) | 610,000 | ||||
| Total selling and administrative expenses | $ | 2,600,000 | |||
Worley gathered the data below for two of the many hospitals that it serves—University and Memorial (each hospital purchased medical supplies that had cost Worley $31,000 to buy from manufacturers):
|
Activity |
||
| Activity Measure | University | Memorial |
| Number of deliveries | 12 | 29 |
| Number of manual orders | 0 | 42 |
| Number of electronic orders | 11 | 0 |
| Number of line items picked | 140 | 230 |
Required:
1. Compute the total revenue that Worley would receive from University and Memorial.
2. Compute the activity rate for each activity cost pool.
3. Compute the total activity costs that would be assigned to University and Memorial.
4. Compute Worley’s customer margin for University and Memorial. (Hint: Do not overlook the $31,000 cost of goods sold that Worley incurred serving each hospital.)
|
|
|
Compute Worley’s customer margin for University and Memorial. (Hint: Do not overlook the $31,000 cost of goods sold that Worley incurred serving each hospital.) (Loss amounts should be indicated with a minus sign. Round your intermediate calculations to 2 decimal places. Round your final answers to the nearest whole number.)
|
In: Accounting
Ratio analysis of financial statements allows us to see how well a company is operating versus its past and in relation to other companies. Pick one type of ratios d and share how the ratio is calculated and what the results mean.
If you could explain one so that I, a non accounting major who is struggling to understand, might get it.
In: Accounting
Who are the major players in the US health services system?
In: Nursing
The future in the building toy market held both opportunity and uncertainty, with new threats emerging from increased control over licensing agreements, loss of trademark protection and competition fromTnew and existing sources. It was important for the LEGO management team to
(Question) "identify where to expand current product lines in order to help the company formulate a strategy to ensure that LEGO"
(which country should be the next one to expansion and why)
FYI.
At this moment, there are already 48 countries
In: Operations Management
Purpose of Assignment As globalization continues to expand worldwide, multinational financial institutions become more important in helping nascent economies. These development banks not only provide financing for intellectual assistance to infrastructure projects, but also make available access to basic education as well. For a well-rounded knowledge of international economics, it is incumbent upon the business student to acquaint themselves of these global institutions. Assignment Steps Resources: Suggested but not required: Vreeland, James. {2003}. The IMF and Economic Development. New York, NY: Cambridge University Press. Search the Internet for vendors who sell this book or inquire about it with a local library. Select one financial institution from the following list: European Investment Bank Asian Development Bank World Bank Development Bank of Latin America International Monetary Fund Develop the following in a minimum 700-word essay: Describe its origin, organization, purpose, and tax benefits for new business. Analyze the interaction between the selected global financial institution and the exchange rate mechanism of the foreign exchange market. Consider these financial institutions as each team member will need to select international sources of financing for their Week 5 Final Business Plan Individual Assignment.
In: Operations Management
The MBA 802 Company reported 2018 net income of $9 million and depreciation of $3.5 million. The top part of the MBA802’s 2017 and 2018 balance sheets is listed as follows (in millions of dollars).
2017 2018
Current assets:
Cash $18 $30
Accounts receivable 20 24
Inventory 10 11
Total Current Assets: $48 $65
Current Liabilities:
Accrued wages and taxes $ 5 $11
Accounts payable 25 29
Other Accrued Liabilities 18 25
Total Current Liabilities: $48 $65
What is the 2018 net cash flow from operating activities for the MBA802 Company? (Display the answer as noted below - If you calculated the answer as being $12.3 million, input the answer in the following format 12.3)
In: Accounting
Worley Company buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to hundreds of hospitals. Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospitals by 5%. For example, if a hospital buys supplies from Worley that cost Worley $100 to buy from manufacturers, Worley would charge the hospital $105 to purchase these supplies.
For years, Worley believed that the 5% markup covered its selling and administrative expenses and provided a reasonable profit. However, in the face of declining profits, Worley decided to implement an activity-based costing system to help improve its understanding of customer profitability. The company broke its selling and administrative expenses into five activities as shown:
|
||||||||||||||||||||||||||||||||||
Worley gathered the data below for two of the many hospitals that it serves—University and Memorial (each hospital purchased medical supplies that had cost Worley $36,000 to buy from manufacturers):
|
Activity |
||
| Activity Measure | University | Memorial |
| Number of deliveries | 11 | 27 |
| Number of manual orders | 0 | 41 |
| Number of electronic orders | 19 | 0 |
| Number of line items picked | 160 | 280 |
Required:
1. Compute the total revenue that Worley would receive from University and Memorial.
2. Compute the activity rate for each activity cost pool.
3. Compute the total activity costs that would be assigned to University and Memorial.
4. Compute Worley’s customer margin for University and Memorial.
In: Accounting
What does the Letter from a Birmingham Jail tell us about MLK and his view of unjust laws? How do you fight against unjust laws, and who should be held responsible? Do you agree with King and his methods?
In: Psychology
An individual started to contribute $3,000 on his 30th birthday into an IRA (individual retirement account) that earned him 8% annual return. On his 65th birthday, he retired after making 35 annual contributions, the last one when he celebrated his 64th birthday. How much has he amassed in his IRA on his 65th birthday? Ans.: $___________.
1. 558306
2. 516950
3. 558360
4. 516.590
B. An individual started to contribute $3,000 on his 30th birthday into an IRA (individual retirement account) that earned him 8% annual return. On his 65th birthday, he retired after making 35 annual contributions, the last one when he celebrated his 64th birthday. If he now wants to buy himself an 25-year annuity that pays end-of-month and earns 6% annual rate of return, how much will he receive each month? Ans.: _________.
C. An individual started to contribute $3,000 on his 30th birthday into an IRA (individual retirement account) that earned him 8% annual return. On his 65th birthday, he retired after making 35 annual contributions, the last one when he celebrated his 64th birthday. If he now wants to buy himself an 25-year annuity that pays end-of-month and earns 6% annual rate of return, leaves $100,000 as lump sum for his last payment, how much will he receive each month?
D. You took a 30-year half-million-dollar mortgage at 3% per year. What is your monthly payment? Ans.: _____.
E. You took a 30-year half-million-dollar mortgage at 3% per year. Midway (i.e., after you've paid the 180th monthly payment), how much equity have your accrued? $__________.
F. You took a 30-year half-million-dollar mortgage at 3% per year. What percent of your last payment goes to reduce principal?
In: Finance