wrtie a overview of Chipotle
write what the company stratgey is? how they opreate ? how there ceo think and make things happen?
In: Operations Management
What company CEO do you consider to be an authentic leader, and why?
What are the two results of their leadership styles and behaviors?
In: Operations Management
pennyroyal ltd acquired an item of plant under a lease on1 april 2019. an initial payment of N$2 000 000 is paid on 1 april 2019 and the present value of the future lease payments is N$7 092 000. pennyroyal ltd will make four further annual payments of N$2 000 000 paid in advance commencing 1 april 2020, the useful life of the plant is deemed tot be 8 years. pennyroyal ltd will obtain legal title of the plant following the final payment. the interest rate implicit lease is 5%. what is the total charge to appear in the statement of profit or loss for the year ended 31 march 2020?
In: Accounting
Whaley Distributors is a wholesale distributor of electronic components. Financial statements for the years ended December 31, 2019, and 2020. reported the following amount and subtotals ($ in millions)
2019 2020
Assets $800 880
Liabilities 360 430
Shareholders' Equity 440 450
Net Income 156 181
In 2021, the following situation occurred or came to light
A. Internal auditors discovered that ending inventories reported on the financial statements the two previous years were mistated due to faulty internal controls. The errors were in the following amounts.
2019 inventory overstated by $12.6 million
2020 inventory understated by $ 10.6 million
B. A liability was accrued in 2019 for a probable payment of $8.2 million in connection with a lawsuit ultimately settled in December 2021 for $ 4.6 million.
c. A patent costing $216 million at the beginning of 2019, expected to benefit operations for a total of six years has not been amortized since acquired.
D. Whaley's conveyor equipment was depreciated by the sum of -the -years- digits(SYD) basic since it was acquired at the beginning of 2019 at a cost of $ 390 million. it has an expected useful life of five years and no expected residual value. At the beginning of 2021. Whaley decided to switch to straight-line depreciation
Required
for each situation
1. Prepare any journal entry necessary as a direct result of the change or error correction, as well as any adjusting entry for 2021 related to the situation described. ( ignore tax effect)
2. Determine the amounts to be reported for each of the five items shown above from the 2019 and 2020 financial statements when those amounts are reported again in the 2019-2021 comparative financial statements.
Expenses
In: Accounting
As the following table shows, projections indicate that the percent of U.S. adults with diabetes could dramatically increase.
(a) Find the logarithmic model that best fits the data in the table, with t as the number of years after 2000. (Round each coefficient to three places after the decimal.) D(t) = (b) Use the model to predict the percent of U.S. adults with diabetes in 2042. US adults with Year Diabetes (percentage) (
| 2010 | 14.2 |
| 2015 | 19.2 |
| 2020 | 21.1 |
| 2025 | 24.2 |
| 2030 | 27.7 |
| 2035 | 30.1 |
| 2040 | 31.2 |
| 2045 | 32.1 |
| 2050 | 33.4 |
In: Statistics and Probability
Due to the pandemic of COVID-19 in the U.S., the price of U.S.
crude oil contracts for May 2020 delivery has turned negative for
the first time in history. For instance, West Texas Intermediate
(WTI) crude oil contracts for May fell 301.97 percent to -$36.90
per barrel.
State your understanding of this phenomenon and carefully explain
your arguments with economic tools and/or economic intuition,
including the aspects of
1. demand for oil by households;
2. demand for oil by non-household demanders, such as
manufacturers;
3. market supply of oil;
4. equilibrium price and quantity.
In: Economics
|
The following information relates to a company. Prepare the adjusting journal entries required on June 30, 2020 for each of the following situations: |
| A. |
The company prepaid rent for the year on June 1, 2020. Rent expired during the month of June,2020 is $4,700. |
| B. |
On June 1, 2020 supplies were purchased for $2,900. Inventory of supplies was $2,200 on June 30, 2020. Record the adjustment for the amount of the supplies that were used during the month. |
| C. |
A machine purchased on June 1, 2020, for $26,400 has an estimated useful life of 10 years with no salvage value. The company computes depreciation using the straight-line method. |
| D. |
On June 1, 2020 the company signed a 6-month contract for $3,120 of prepaid advertising. Record the adjustment for the amount of the contract that expired during June. Prepare the adjusting journal entries required on June 30, 2020 for each of the following situations: |
In: Accounting
It wasn’t long ago that products from Apple, perhaps the most
recognizable name in electronics manufacturing around the world,
were made entirely in America. This is not so anymore. Now, almost
all of the approximately 70 million iPhones, 30 million iPads, and
59 million other Apple products sold yearly are manufactured
overseas. This change represents more than 20,000 jobs directly
lost by U.S. workers, not to mention more than 700,000 other jobs
and business given to foreign companies in Asia, Europe, and
elsewhere. The loss is not temporary. As the late Steven P. Jobs,
Apple’s iconic co-founder, told President Obama, “Those jobs aren’t
coming back.”
At first glance, the transfer of jobs from one
workforce to another would seem to hinge on a difference in wages,
but Apple shows this is an oversimplification. In fact, paying U.S.
wages would add only $65 to each iPhone’s expense, while Apple’s
profits average hundreds of dollars per phone. Rather, and of more
concern, Apple’s leaders believe the intrinsic characteristics of
the labor force available to them in China which they identify as
flexibility, diligence, and industrial skills are superior to those
of the U.S. labor force. Apple executives tell stories of shorter
lead times and faster manufacturing processes in China that are
becoming the stuff of company legend. “The speed and flexibility is
breathtaking,” one executive said. “There’s no American plant that
can match that.” Another said, “We shouldn’t be criticized for
using Chinese workers. The U.S. has stopped producing people with
the skills we need.”
Because Apple is one of the most imitated companies in
the world, this perception of an overseas advantage might suggest
that the U.S. workforce needs to be better led, better trained,
more effectively managed, and more motivated to be proactive and
flexible. If U.S. (and Western European) workers are less motivated
and less adaptable, it’s hard to imagine that does not spell
trouble for the future of the American workforce. Perhaps, though,
Apple’s switch from “100% Made in the U.S.A.” to “10% Made in the
U.S.A.” represents the natural growth pattern of a company going
global. At this point, the iPhone is largely designed in the United
States (where Apple has 43,000 employees), parts are made in South
Korea, Taiwan, Singapore, Malaysia, Japan, Europe and elsewhere,
and products are assembled in China. The future of at least 247
suppliers worldwide depends on Apple’s approximately $30.1 billion
in orders per quarter. And we can’t forget that Apple posted $16.1
billion in revenue from the first quarter of 2014, perhaps in part
because its manufacturing in China builds support for the brand
there.
As makers of some of the most cutting-edge, revered
products in the electronics marketplace, perhaps Apple serves not
as a failure of one country to hold onto a company completely, but
as one of the best examples of global ingenuity.
Questions:
What are the pros and cons for local and overseas
labor forces of Apple’s going global? What are the potential
political implications for country relationships?
Do you think Apple is justified in drawing the
observations and conclusions expressed in the case? Why or why not?
Do you think it is good or harmful to the company that its
executives have voiced these opinions?
How could managers use increased worker flexibility
and diligence to increase the competitiveness of their
manufacturing sites? What would you recommend?
In: Operations Management
If you were on the recruiting team to find a new
CEO for a company where the board mandate was to focus on embedding
innovation into the DNA of the company, what attributes would you
describe as being the "must-haves?"
In: Psychology
In this problem, assume that the distribution of differences is
approximately normal. Note: For degrees of freedom
d.f. not in the Student's t table, use
the closest d.f. that is smaller. In
some situations, this choice of d.f. may increase
the P-value by a small amount and therefore produce a
slightly more "conservative" answer.
Are America's top chief executive officers (CEOs) really worth all
that money? One way to answer this question is to look at row
B, the annual company percentage increase in revenue,
versus row A, the CEO's annual percentage salary increase
in that same company. Suppose a random sample of companies yielded
the following data:
|
B: Percent increase for company |
30 | 4 | 8 | 18 | 6 | 4 | 21 | 37 |
| A: Percent
increase for CEO |
20 | 30 | 29 | 14 | -4 | 19 | 15 | 30 |
Do these data indicate that the population mean percentage increase in corporate revenue (row B) is different from the population mean percentage increase in CEO salary? Use a 5% level of significance. Solve the problem using the critical region method of testing. (Let d = B − A. Round your answers to three decimal places.)
| test statistic | = | |
| critical value | = ± |
Interpret your conclusion in the context of the application.
Fail to reject the null hypothesis, there is insufficient evidence to claim a difference in population mean percentage increases for corporate revenue and CEO salary.Reject the null hypothesis, there is insufficient evidence to claim a difference in population mean percentage increases for corporate revenue and CEO salary. Reject the null hypothesis, there is sufficient evidence to claim a difference in population mean percentage increases for corporate revenue and CEO salary.Fail to reject the null hypothesis, there is sufficient evidence to claim a difference in population mean percentage increases for corporate revenue and CEO salary.
In: Statistics and Probability