Questions
Crosby states that "Quality is Free." Outline the ideas from the reading that both supports this...

Crosby states that "Quality is Free." Outline the ideas from the reading that both supports this statement. What ideas dispute this statement?

In: Operations Management

Select one of the United Nations' (U.N.) Millennial Development Goals (MDGs). Visit the website and report...


Select one of the United Nations' (U.N.) Millennial Development Goals (MDGs). Visit the website and report on the UN's progress in achieving this goal? How will meeting this goal positively impact the health of the world? What suggestions would you make to help the UN achieve this goal?

In: Biology

Please answer the following question: Identify a well known company (this may include Dell, Nike, United...

Please answer the following question:

Identify a well known company (this may include Dell, Nike, United Airlines, eBay, Southwest Airlines, or another firm) and describe its business-level (competitive) strategy. Why does this strategy fit the firm’s external environment?

In: Operations Management

Financial information for American Eagle is presented in Appendix A at the end of the book, and financial information for Buckle is presented in Appendix B at the end of the book.

Financial information for American Eagle is presented in Appendix A at the end of the book, and financial information for Buckle is presented in Appendix B at the end of the book.

 

Required:

1. Calculate the current ratio for both companies for the year ended February 3, 2018. Which company has the better ratio? Compare your calculations with those for United Airlines and American Airlines reported in the chapter text. Which industry maintains a higher current ratio?

2. Calculate the acid-test (quick) ratio for both companies for the year ended February 3, 2018. Which company has the better ratio? Compare your calculations with those for United Airlines and American Airlines reported in the chapter text. Which industry maintains a higher acid-test ratio?

3. How would the purchase of additional inventory with accounts payable affect the current ratio for these two companies?

In: Accounting

Please answer the question (c) For simplicity, assume that CUHK has only four colleges: Chung Chi,...

Please answer the question (c)

For simplicity, assume that CUHK has only four colleges: Chung Chi, New Asia, United, and Shaw. Let C,N,U, and S be the sets of all Chung Chi students, New Asia students, United students, and Shaw students, respectively. Let M be the set of all Music Major students. Let Y be the sets of all students living in Ying Lin Tang (a Chung Chi hostel). Let W be the set of all students who attended the Wei Lun Lecture.

(a) Express the following in set-theoretic terms:

vii. New Asia students who did not attend the 2015 Wei Lun Lecture.

(c) Show that for a student not belonging to Category vii in (a), if the student did not attend the 2015 Wei Lun Lecture, then the student does not belong to New Asia.

In: Statistics and Probability

Origin Enterprises Ltd is incorporated in Australia. The company’s shares are listed on both the Australian...

Origin Enterprises Ltd is incorporated in Australia. The company’s shares are listed on both the Australian and London securities exchanges. Operations of the company are diversified across the following countries: the United Kingdom, Europe and Australia. One third of the company’s operations take place in each of these countries.

The majority (approx. 80%) of its sales contracts are dominated in United Kingdom pounds and this proportion of receipts from operating activities is retained within accounts in the UK. Most of the company’s labour, material and other costs of providing its goods and services are incurred within the individual countries which it operates.

The company has 60% of its operations financed through sources within the UK, with the balance from Australian sources.

Discuss what functional currency is and how it is determined. With the assistance of the class and using the above information, determine the functional currency of Origin Enterprises Ltd.

In: Accounting

Many reasons for why the United Kingdom voted to leave the European Union have been proposed....

Many reasons for why the United Kingdom voted to leave the European Union have been proposed. A common one is that imports from the EU hurt low-skilled British workers. Suppose that there are two industries, financial services and manufacturing. Further assume that there are two factors of production, low- skilled and high-skilled workers, and that finance is high-skill intensive and manufacturing is low-skill intensive. Further assume that the United Kingdom is abundant in high-skill labour.

a) Show using the Heckscher-Ohlin model of international trade how relative wages for low-skilled and high-skilled workers are determined when the UK is a member of the EU (i.e. when there is free trade between the UK and the rest of the EU). Explain your answer.

b) Describe also how the relative output of financial services versus manufacturing in the UK changes with Brexit. Explain your answer.

In: Economics

On page 248 (438) of your textbook under "Cyberlaw in Action", the case of the $24.98...

On page 248 (438) of your textbook under "Cyberlaw in Action", the case of the $24.98 tickets to Paris is discussed. Make an argument for either United Airlines in declining to honor the price in the e-ad or a counter argument for the consumer that the price should be honored. You can put yourself in the position of a consumer who bought the ticket, or in the position of United Airlines. Be sure to use legal theories from the textbook. Make sure you respond to the question: "Is it ethical for a customer to insist on a contract that is based on a mistaken price?" and "Is it ethical for an e-tailer to refuse to honor a contract that is based on a mistaken price?" Even though I usually request that you use an objective standard and not insert your personal opinion, in this case you should state what you think is right or wrong from an ethical standpoint, not necessarily what the outcome would be under the law.

In: Finance

1. The accountant for the Mobe Company made an adjusting entry to record depreciation for the...

1. The accountant for the Mobe Company made an adjusting entry to record depreciation for the current year twice by mistake. The effect of this error would be:
A. An overstatement of assets offset by an understatement of owner’s equity.
B. An understatement of assets, net income, and owner’s equity.
C. An overstatement of assets and of net income, and an understatement of owner’s equity.
D. An overstatement of net income and an understatement of assets.
E. None of the above.
2. The Sweeney Theater offered books of theater tickets to its patrons at $30 per book. Each book contained a certain number of tickets to future performances. During the current period 1,000 books were sold for $30,000, and this amount was credited to a temporary account. At the end of the period it was determined that $17,000 worth of book tickets had been used by customers attending performances. The appropriate adjusting entry at the end of the period would be:
A. Debit Ticket Revenue $17,000 and credit Unearned Ticket Revenue $17,000.
B. Debit Unearned Ticket Revenue $13,000 and credit Ticket Revenue $13,000.
C. Debit Unearned Ticket Revenue $17,000 and credit Ticket Revenue $17,000.
D. Debit Ticket Revenue $13,000 and credit Unearned Ticket Revenue $13,000.
E. None of the above.


3. A transaction caused a $14,000 increase in both total assets and total liabilities. This transaction could have been:
A. Purchase of office equipment of $14,000 for cash.
B. Purchase of office equipment for $24,000, paying $10,000 cash and issuing a note payable for the balance.
C. Repayment of a $14,000 bank loan.
D. Investment of $14,000 cash in the business by selling additional shares of common stock.
E. None of the above.
4. Joseph Company Retained Earnings increased by $20,000 during 2012. Total Revenues for 2012 were $200,000, the ending balance in Cash was $16,000, and Total Expenses were $172,000. Dividends declared and paid during 2012 were:
A. $18,000.
B. $12,000.
C. $8,000
D. $20,000.
E. None of the above.

5. A balance sheet is designed to show:
A. How much a business is worth.
B. The profitability of the business during the current year.
C. The amount of Dividends paid to shareholders since the business started operations.
D. The cost of replacing the assets and of paying off the liabilities at December 31.
E. None of the above.
6. The accountant for the Thomas Company forgot to make an adjusting entry to record accrued interest payable for the current year. The effect of this error would be:
A. An overstatement of net income and an understatement of liabilities.
B. An overstatement of assets offset by an understatement of owner’s equity.
C. An overstatement of assets, net income, and owner’s equity.
D. An overstatement of assets and of net income and an understatement of owner’s equity.
E. None of the above.
7. All the following accounts normally have credit balances except:
A. Fees Revenue
B. Common Stock
C. Prepaid Rent
D. Common Stock
E. None of the above
8. Closing entries never involve posting a credit to the:
A. Income Summary account.
B. Unearned Revenue account.
C. Retained Earnings account
D. Depreciation Expense account.
E. None of the above.

In: Accounting

What's states of (i) benzene, (ii) naphthalene may be reached by electric dipole transitions from there...

What's states of (i) benzene, (ii) naphthalene may be reached by electric dipole transitions from there (totally symmetrical) ground state

In: Chemistry