Introduction/Discussion Task: Often, business decisions involve choosing between alternative courses of action, and companies tend to want to find the alternative that offers the highest revenue or the most significant reduction in costs. Non-routine decisions use differential analysis. These include make-or-buy choices, whether to retain or drop a product line, or even if a customer should be retained or dropped. In using differential analysis, common revenues and costs are factored out of the assessment, thereby focusing on revenue and cost information that is specific to a given product, customer, or another point to be analyzed. Use the basic knowledge acquired from differential analysis to respond to the following discussion task: Continuing with the company selected in Unit 2, think about the types of financial data that would be included and excluded in differential analysis. Propose which specific revenues and costs should be considered in an evaluation to drop or keep a: Customer Product line In addition, explain sunk and opportunity costs as they relate to your selected company. Should these costs be considered in differential analysis? Why or why not?

Note: Your discussion should have a minimum of 2 450 words. Please include a word count. Following the APA standard, use references and in-text citations from the textbook and any other sources.

On March 10, 2022, Oriole Company sells equipment that it purchased for $230,400 on August 20, 2015. It was originally estimated that the equipment would have a life of 12 years and a salvage value of $20,160 at the end of that time, and depreciation has been computed on that basis. The company uses the straight-line method of depreciation.

Compute the depreciation charge on this equipment for 2015, for 2022, and the total charge for the period from 2016 to 2021, inclusive, under each of the six following assumptions with respect to partial periods.

Exercise 11-15 (Essay) On March 10, 2019, Lost World Company sells equipment that it purchased for $192,000 on August 20, 2012. It was originally estimated that the equipment would have a life of 12 years and a salvage value of $16,800 at the end of that time, and depreciation has been computed on that basis. The company uses the straightline method of depreciation. Following are the assumptions with respect to partial periods:

(1) Depreciation is computed for the exact period of time during which the asset is owned. (Use 365 days for the base and record depreciation through March 9, 2019.)

(2) Depreciation is computed for the full year on the January 1 balance in the asset account.

(3) Depreciation is computed for the full year on the December 31 balance in the asset account.

(4) Depreciation for one-half year is charged on plant assets acquired or disposed of during the year.

(5) Depreciation is computed on additions from the beginning of the month following acquisition and on disposals to the beginning of the month following disposal.

(6) Depreciation is computed for a full period on all assets in use for over one-half year, and no depreciation is charged on assets in use for less than one-half year. (Use 365 days for base.) Briefly evaluate the methods above, considering them from the point of view of basic accounting theory as well as simplicity of application.

Exercise 11-15 (Essay)

On March 10, 2019, Lost World Company sells equipment that it purchased for $192,000 on August 20, 2012. It was originally estimated that the equipment would have a life of 12 years and a salvage value of $16,800 at the end of that time, and depreciation has been computed on that basis. The company uses the straightline method of depreciation.

Following are the assumptions with respect to partial periods:

Briefly evaluate the methods above, considering them from the point of view of basic accounting theory as well as simplicity of application.

What is the context of the article? (By context, we mean describing the social, political, etc. landscape that surrounds a topic or idea)

Provide 4 claim made in the following article. Give explanations and evidence to support the claim

What was the bias in the following article and explain it

Harmonizing nurse education with U.S. hurts Canada's edge

ADRIANA BARTON

PUBLISHED MAY 12, 2016

A push to "harmonize" nursing education in Canada and the United States may threaten Canada's high standards in nurse training, according to a spokesperson for the Canadian Association of Schools of Nursing. In a report released in March, Canadian nursing schools outperformed their U.S. counterparts in the QS World University Rankings published by Quacquarelli Symonds, a British company specializing in education and study abroad.

The University of Toronto's Lawrence S. Bloomberg Faculty of Nursing placed third in the world, after the University of Pennsylvania in first place, followed by Johns Hopkins University in Baltimore, Md. Relative to the number of institutions assessed on either side of the border, however, Canada had a greater proportion of nursing schools in the Top 50 list.

But Canada could lose that edge if Canadian regulators go ahead with a plan to bridge the differences in standards between the two countries, said Cynthia Baker, executive director of the Canadian Association of Schools of Nursing. "Canadian nursing education is highly respected internationally and we should not be changing that to fit the needs of the U.S.," Baker said.

News of the plan to harmonize nursing education came in an article published in the spring edition of an online quarterly journal called Leader to Leader. The plan is part of a broader strategy to increase mobility among nursing graduates, according to a statement in the journal from a Canada-U.S. working group called the Harmonizing Education Regulatory Standards in Nursing. "Nurses often practice across borders, either by physical movement, distance education or telehealth," said the article, which was taken offline Wednesday in response to criticism. "Global consistency with nursing education regulatory approval standards would be beneficial for promoting more seamless mobility."

But according to Baker, Canada's nursing graduates are already at a disadvantage because of this strategy. Two years ago, Canada adopted a mandatory test called the NCLEX, developed in the United States to license graduates to practice nursing. In Canada, nursing schools in most provinces and territories were ill-prepared for the American test, which includes questions about care management that do not apply here, Baker said. In 2015, the pass rate for Canadians writing the test for the first time was 71 per cent. Among first-time francophone writers, the pass rate was only 27 per cent, "because the [French] translation was such a disaster," she said.

Canadian regulators adopted the U.S. licensing test without consulting non-regulatory nursing organizations in Canada. Canadian members of the harmonization team were drawn solely from provincial regulatory bodies, who are working with American partners without the knowledge of Canadian nursing educators or other professional nursing groups in Canada, Baker said.

Currently, Canadians (other than Quebeckers) must earn a bachelor of science in nursing to practice nursing in Canada, while Americans can practice with a BSN or an associate's degree in nursing or other diploma. Baker cited research evidence showing that a baccalaureate-prepared nursing work force provides significantly better and safer health care. "We believe this harmonization plan would have serious negative implications for health human resources and for the Canadian health-care system," Baker wrote in a letter to Canadian and American regulators on Friday. Leader to Leader subsequently removed the article.

Canada's success in the QS World University Rankings for nursing is based on global surveys of academic reputation, perceptions of graduate employers, research citations and measures of the global impact of scholarly publications. The 2015 rankings were the first to include nursing as a subject.

At the University of Toronto, researchers at the Lawrence S. Bloomberg Faculty of Nursing include internationally recognized leaders in postnatal depression and maternal mental health, patient decision-making in response to genetic testing for breast cancer, and monitoring of equity and access to health-care systems.

"The research underpins the evidence-based-practice approach to helping students learn how to deliver care," said Linda Johnston, dean of the Lawrence S. Bloomberg Faculty of Nursing. In addition, students develop clinical expertise during placements at world-leading care facilities such as Sick Kids and Mount Sinai Hospital, said Johnston, who was previously employed at the University of Melbourne and Queen's University in Belfast.

Since research findings may not be appropriate for every patient, becoming a first-rate nurse requires a sound understanding of how to interpret the evidence in daily practice while considering the patient and family's decisions, Johnston said. "I've only been at the U of T for two years, but I am always astounded by the insights and critical thinking that our students display."

Like Baker, Johnston expressed concern over the Canada-U.S. harmonization plan. "It may not make sense," she said, noting that the United States has "a completely different model of care delivery."

An American-style system that licenses nurses to practice without requiring a university degree may not foster the academic career pathways that have made Canada a world leader in nursing education, Johnston said. "Academics are getting older," she pointed out. "Where is the succession planning?"

She added that preparing Canadian nursing students to operate in a U.S. environment may encourage them to move to the States for better career prospects. "That could lead to a nursing shortage [in Canada]," she said.

sales person interview How long have you been in this position? Have you worked in other sales jobs? What do you like the most about the job? What do you like the least? How much freedom do you have in setting up your schedule? Are you required to generate new customer leads? How do you do this? Do you do any networking? How do you do this? Do you work on commission? How is your salary structured (please don’t ask specific salary)? Does your company provide training? How do they do this? Do they provide you with sales materials? Do you have a set sales territory? How large is your territory? How many other reps work for the company in this area? What is the biggest challenge you have encountered in your job? How much rivalry is their between competitors in your business? Do you ever try to win back lost customers? How do you do this? What kind of customer services do you offer?

Abbotsford Tile Ltd. (ATL) is a wholesaler of high quality glass, ceramic and marble tiles. In November 2019 the owner of ATL agreed to sell the company to Barrie Tile Inc. (BTI) another tile wholesaler. Each company is owned and operated by a single individual who originally founded his company. The owner of ATL decided to sell his business because he was beginning to get too old to run the store. The owner of BTI wants to purchase ATL to expand the size of his business. The two men agreed over lunch that BTI would buy ATL for an amount equal to five times ATL’s net income before tax for the year ended December 31, 2019. The deal is to be finalized on March 1, 2020. Closure of the deal requires that BTI approve of the financial statements prepared by ATL. The two men agreed that any disputes regarding the financial statements would be settled by negotiations and, if necessary, by arbitration by an independent third party. It is now January 15, 2020. You have been called by BTI’s owner to help him understand and assess a number of transactions that are reported in ATL’s December 31, 2019 financial statements. The owner of BTI explained that he does not have much experience working with financial statements but based on his examination, along with information obtained from other sources, he is concerned about a number of transactions reported in ATL’s statements. The owner has asked you for a detailed report explaining the impact of each event on the purchase price of ATL and your assessment of each of the issues. BTI’s owner said that he would like a full explanation of the implications of each event, your evaluation of the accounting used by ATL, and your supported recommendation of the appropriate treatment for each event. Your explanations are important because they will be used in negotiations with the owner of ATL and, if necessary, presented to the arbitrator.

The owner of BTI provided you with the following information about the events that are of concern to him:

a) In November 2019 ATL received a large order for tiles from a new customer. The customer’s normal supplier was on strike and had to find an alternative supplier and so the customer came to ATL. The contract requires that the parts be delivered in early January 2020. Production of the order was completed on December 18, 2019 and was ready to ship at that time. The contract requires that the customer must receive the tiles and must inspect and accept them before the contract is finalized. ATL shipped the tiles to the customer on December 31, 2019 and recognized the revenue in the year ended December 31, 2019.

b) Net income before taxes was $625,000 for the year ended December 31, 2019.

Pete’s Pizza and Pasta is a newly formed chain of pizza and pasta restaurants. The company’s strategy is to grow the brand through franchising and increase market share and profitability for both individual restaurants as well as the entire chain.

Pete, the founder of the chain has given you the following balanced scorecard, which he is confident would help the company achieve his stated strategy. Pete expects to generate income largely through initial franchising fees as well as collecting a percentage of the franchisees’ revenues.

Required:
For each of the four balanced scorecard perspectives, please perform the following:

i)     Provide two additional strategic objectives and key performance indicators.

ii)     Discuss, how and why recommended objectives and indicators from Part (i) above will help Pete execute his strategy.

Using Social Media to Tell the Story of TOMS TOMS offers more than a comfortable and trendy pair of shoes. It is about status and a story to tell. Mycoskie realised the power of the TOMS story since the early days of the company and has focused on it ever since. Mycoskie wrote in his book, acknowledging Kendall Haven, who authored Super Simple Storytelling: "Human minds rely on stories and story architecture as the primary road map for understanding, making sense of, remembering, and planning our lives - as well as the countless experiences and narratives we encounter along the way." He added that smart, future-oriented companies use this ancient impulse in new ways, by telling stories that people can watch on YouTube and share on Facebook. He quickly realised the strength of social and digital media to convey his story by saying: "People are no longer all listening to or watching the same few radio or TV stations each week - they're following their own carefully curated Twitter feeds, commenting on and creating blogs, channel surfing among more than 500 TV stations, watching Hulu on laptops, clicking on YouTube, reading Kindles and Nooks, and surfing on iPads." In 2009, Mycoskie partnered with AT&T by filming a commercial, which ran throughout 2009 and was an enormous success. The commercial profiled TOMS as a for-profit company that donates one pair of shoes to a child in need for every pair purchased, and founder Blake who uses his AT&T BlackBerry to conduct business from around the world. Lots of people tweeted about the commercial creating awareness about TOMS and AT&T, and support for the TOMS business model. 1- Discuss in your opinion, does business responsible for its society wellbeing or just making profit? Why? 2- How TOMS shoes utilizes the CSR in its marketing activities?

High Sierra Tacos acquired a taco truck from Taco Wholesalers on 6/30/15 and gave

a noninterest-bearing note in exchange. High Sierra Tacos is obligated to pay $650,000

on 6/30/17 to satisfy the obligation in full. If High Sierra Tacos accrued interest of

$50,000 on the note in its 2015 year-end financial statements, at what amount would it

record the equipment on its 6/30/15 balance sheet?

A. $450,000

B. $700,000

C. $600,000

D. $650,000

E. $850,000

Tragic Taco lost its taco truck to bandits who took it south of the border. They are

trying to collect insurance on the lost inventory and have the following data: Inventory

January 1, 2015, $80,000; sales up to the theft: 300,000; purchases up to the theft:

$200,000. Tragic consistently reports a 25% gross profit. The estimated lost inventory

is:

A. $205,000.

B. $280,000.

C. $200,000

D. None of these.

E. $55,000.

At January 1, 2015, French Taco had a credit balance of $500,000 in its allowance

for uncollectible accounts. Based on past experience, 1 percent of French's credit sales

have been uncollectible. During 2015, French wrote off $600,000 of accounts

receivable. Credit sales for 2015 were $20,000,000. In its December 31, 2015 balance

sheet, what amount should French report as allowance for uncollectible accounts?

A. None of these.

B. $500,000.

C. $200,000.

D. $100,000.

E. $300,000.

On July 1 of the current year, Online Tacos factored receivables with a carrying

value of $560,000 to a local bank. The transfer was made without recourse. The bank

remits 85% of the factored amount to Online Tacos and retains the remaining 15%.

When collections are over, the bank will remit to Online Tacos what it collects of the

retained amount (expected to be $70,000) less a fee equal to 8% of the total amount

factored. On July 1, Online Taco would

A. Debit loss on sale of receivables for $58,800

B. None of these.

C. Debit accounts receivable for $560,000.

D. Debit receivable from factor for $70,000.

E. Credit cash for $476,000.