Questions
Robert Greenleaf (the “father” of servant leadership) said, “The servant views any problem in the world...

Robert Greenleaf (the “father” of servant leadership) said, “The servant views any problem in the world as in here, inside oneself, not out there. And if a flaw in the world is to be remedied, to the servant the process of change starts in here, in the servant, not out there” (Spears, 1995, p. 56).

Do we, who desire to exhibit servant leadership, practice this? Should we? If so, how? If not, why not?

In: Operations Management

Businesses are often accused of engaging in predatory pricing. However, competition regulators often have difficulties separating...

  1. Businesses are often accused of engaging in predatory pricing. However, competition regulators often have difficulties separating predatory pricing from vigorous competition. The Areeda–Turner test for predatory pricing states that if a firm sets its price above its marginal cost then it is probably not predatory pricing, but if it sets its price below marginal cost then it is probably predatory. Remembering our analysis of profit-maximising firms from chapters 14 and 15, explain why pricing below marginal cost might be viewed as a deliberate attempt to drive out a competitor rather than vigorous competitive pricing. Can you think of any situations where a firm might set a price below marginal cost but not be predatory pricing?

In: Economics

research a recent accounting scandal within the last five (5) years where the SEC accused public...

research a recent accounting scandal within the last five (5) years where the SEC accused public companies of accounting irregularities.
Write a three to four (3-4) page paper in which you:

Analyze the audit report that the CPA firm issued. Ascertain the legal liability to third parties who relied on financial statements under both common and federal securities laws. Justify your response.

Speculate on which statement of generally acceptable auditing standards (GAAS) that the company violated in performing the audit.

Compare the responsibility of both management and the auditor for financial reporting, and give your opinion as to which party should have the greater burden. Defend your position.

Analyze the sanctions available under SOX, and recommend the key action(s) that the PCAOB should take in order to hold management or the audit firm accountable for the accounting irregularities. Provide a rationale for your response.

Use at least two (2) quality academic resources in this assignment.

In: Accounting

An owner of press is claiming that the standard deviation of the pressure is less than...

An owner of press is claiming that the standard deviation of the pressure is less than 10 pounds-per-square-inch (psi). Suppose you take a random sample of 15 measurements throughout the day of the psi and find the mean is 5 and standard deviation to be 14, using the α=0.05, test the claim by traditional approach.

In: Statistics and Probability

The University of ManchesterManchester Press is wholly owned by the university. It performs the bulk of...

The University of

ManchesterManchester

Press is wholly owned by the university. It performs the bulk of its work for other university​ departments, which pay as though the press were an outside business enterprise. The press also publishes and maintains a stock of books for general sale. The press uses normal costing to cost each job. Its​job-costing system has two​ direct-cost categories​ (direct materials and direct manufacturing​ labor) and one​ indirect-cost pool​ (manufacturing overhead, allocated on the basis of direct manufacturing labor​ costs). The following data​ (in thousands) pertain to

20172017​:

LOADING...

Direct materials and supplies purchased on credit

$840

Direct materials used

720

Indirect materials issued to various production departments

100

Direct manufacturing labor

1,310

Indirect manufacturing labor incurred by various production departments

980

Depreciation on building and manufacturing equipment

430

Miscellaneous manufacturing overhead* incurred by various production departments

(ordinarily would be detailed as repairs, photocopying, utilities, etc.)

530

Manufacturing overhead allocated at 160% of direct manufacturing labor costs

?

Cost of goods manufactured

4,130

Revenues

8,100

Cost of goods sold (before adjustment for under- or overallocated manufacturing overhead)

4,030

Inventories, December 31, 2016 (not 2017):

Materials Control

180

Work-in-Process Control

50

Finished Goods Control

580

LOADING...

.Requirement 1. Identify the components of the overview diagram of the​ job-costing system at the University of

ManchesterManchester

Press.

A

​}

  B

down arrow↓

A

Indirect Cost Pool

B

Manufacturing Overhead

C

​}

  D

down arrow↓

C

Cost Allocation Base

D

Direct Manufacturing Labor Cost

E

​}

F

G

E

Cost Object: Print Job

F

Indirect Costs

G

Direct Costs

H

​}

up arrow↑

I

              up arrow↑

J

H

Direct Costs

I

Direct Materials

J

Direct Manufacturing Labor

Requirement 2. Prepare journal entries to summarize the

20172017

transactions. As your final​ entry, dispose of the​ year-end under- or overallocated manufacturing overhead as a​ write-off to Cost of Goods Sold. Number your entries. Explanations for each entry may be

omitted.​(Record

debits​ first, then credits. Exclude explanations from any journal​ entries.)Direct materials and supplies purchased on​ credit,

$ 840$840.

Journal Entry

Accounts

Debit

Credit

(In thousands)

(1)

Materials Control

840

Accounts Payable Control

720

100

Accounts Payable Control

1660

Choose from any list or enter any number in the input fields and then click Check Answer.

In: Accounting

Boy, the accountants have a whole bunch of ways to calculate depreciation for the books, and...

Boy, the accountants have a whole bunch of ways to calculate depreciation for the books, and they suggest that as long as you are consistent in your treatment, and there is a valid reason to use the method that you do, it is OK.

Does it matter for Capital Budgeting which depreciation method you use? After all, it is non-cash any way, isn't it?

In: Finance

The weights of newborn baby boys born at a local hospital are believed to have a...

The weights of newborn baby boys born at a local hospital are believed to have a normal distribution with a mean weight of 3915 grams and a variance of 429,025. If a newborn baby boy born at the local hospital is randomly selected, find the probability that the weight will be less than 4570 grams. Round your answer to four decimal places.

In: Statistics and Probability

A) If four babies are born in a given hospital on the same day, what is...

A) If four babies are born in a given hospital on the same day, what is the probability that all four will be boys?
B) if four babies are born in a given hospital on the same day, what is the probability that 3 will be girls and 1 will be a boy?
C) You flip a coin twice what is the probability that it lands on heads once and tails one?

In: Math

A boy stands on a diving board and tosses a stone into a swimming pool. The...

A boy stands on a diving board and tosses a stone into a swimming pool. The stone is thrown from a height of 2.50 m above the water surface with a velocity of 4.00 m/s at an angle of 60.0° above the horizontal. As the stone strikes the water surface, it immediately slows down to exactly half the speed it had when it struck the water and maintains that speed while in the water. After the stone enters the water, it moves in a straight line in the direction of the velocity it had when it struck the water. If the pool is 3.00 m deep, how much time elapses between when the stone is thrown and when it strikes the bottom of the pool?

In: Physics

A boy on a carnival bungee ride is released from rest at the bottom of the...

A boy on a carnival bungee ride is released from rest at the bottom of the ride and oscillates up and down with an amplitude of 8 meters and a period of 4s. How long after he is released does he first get to a height 10m above the place where he started? [Hint: Choose the top of the poles as y=0, and measure positive downward.]

In: Physics