The company has just reached agreement to open a new sales office in Africa in order to better serve customers in that market. Although support personnel will be hired locally, three sales representatives from headquarters will be transferred to this office for a period of two years in order to get it “up and running.” The national sales manager has asked you to prepare a report outlining the intercultural communication issues that these sales reps likely will face.
Discuss business communication in Africa: prevailing norms of communication, cultural differences in listening, nonverbal communication, gender differences in communication, and other factors that may play a role in the success of these sales representatives in establishing an office in the country.
In: Operations Management
Create a program that will ask the user to choose their order from a simple menu. Customers first choose from three types of dishes: Sandwiches/wraps, Rice Meals, or Noodles. They can type in 1, 2, or 3 to select the type then, they choose a specific dish as shown below. Confirm their order by displaying it on the screen after they make their selection. 1. Sandwiches/wraps Hamburger Chicken shawarma 2. Rice meals Arroz con pollo Chana masala 3. Noodles Chow mein Pasta al pomodoro Which variation of the if statement would best fit the requirements (if, if-else, if-else-if chain, nested if)? Create the complete C++ program.
In: Computer Science
1.
Consider the following data for the following economy,
where there only two goods: wine and cheese. In the
following table are data for three different years. Use the
first year, 2016, as the base year in calculating real
GDP, the GDP deflator, and the CPI.
2016
2017
2018
P
Q
P
Q
P
Q
Wine
$2.50
25
$3.50
30
$ 4.00
35
Cheese
$7.00
20
$9.00
20
$ 10.00
25
a.
Calculate the inflation rate b
etween 2016
and 2017 and then between 2017 and 2018
using
a Laspeyres
index (call it the CPI
).
b. Calculate
the inflation rate between 201
6 and 2017 and then
between 2017 and 2018
using
a Paasche index
(call it the
GDP deflator
).
c.
Calculate the growth rate of
nominal GDP between 2016 and 2017
and then between 2017 and 2018.
d. Calculate the grow
th rate of real GDP between 2016 and 2017
and then between 201
7 and 2018.
In: Economics
Bombardier Inc. specializes in manufacturing transportation products (aircraft, railway equipment, snowmobiles, and watercraft). The company offers warranties on all of its products. Note 2 to Bombardier’s financial statements for fiscal year 2015 stated the following: Product warranties typically range from one to five years, except for aircraft and bogie structural warranties that extend up to 20 years. Selected information from Bombardier’s annual reports follows (amounts in millions of U.S. dollars): 2015 2014 2013 Revenues 16,968 18,547 18,092 Provision for product warranties at year-end 1,006 1,113 1,160 During fiscal year 2015, Bombardier paid $405 million to customers in exchange for returned products under the warranty.
Required: 1. Compute the amount of warranty expense for fiscal year 2015. (Enter your answer in millions of dollars.)
2. Prepare journal entries to record both the warranty expense for the year and the payments made under the warranty. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions of dollars.)
3-a. Compute the ratio of the warranty liability to revenues for the three years. (Round percentage answers to 2 decimal places (i.e., 0.1243 should be entered as 12.43).)
3-b. Has the ratio increased or decreased during the three-year period?
4. Based on the limited information available about the warranty expense and payments in 2015, should Bombardier increase the balance of the warranty liability in future years? Yes No
In: Accounting
Plant-wide, department, and ABC indirect cost rates. Automotive Products (AP) designs and produces automotive parts. In 2014, actual variable manufacturing overhead is $308,600. AP's simple costing system allocates variable manufacturing overhead to its three customers based on machine-hours and prices its contracts based on full costs. One of it customers has regularly complained of being charged noncompetitive prices, so AP's controller Devon Smith realizes that it is time to examine the consumption of overhead resources more closely. He knows that there are three main departments that consume overhead resources: design, production, and engineering. Interviews with the department personnel and examination of time records yield the following detailed information.
Usage of Cost Drivers by Customer Contract
| Usage of Cost Drivers by Customer Contract | ||||||||||
| Manufacturing | United | Holden | Leland | |||||||
| Department | Cost Driver | Overhead in 2014 | Motors | Motors | Auto | |||||
| Design | CAD-design-hours | $ 39,000 | 110 | 200 | 80 | |||||
| Production | Engineering-hours | $ 29,600 | 70 | 60 | 240 | |||||
| Engineering | Machine-hours | 240,000 | 120 | 2,800 | 1,080 | |||||
| Total | 308,600 | |||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In: Accounting
Required information
[The following information applies to the questions
displayed below.]
Santana Rey created Business Solutions on October 1, 2019. The
company has been successful, and its list of customers has grown.
To accommodate the growth, the accounting system is modified to set
up separate accounts for each customer. The following chart of
accounts includes the account number used for each account and any
balance as of December 31, 2019. Santana Rey decided to add a
fourth digit with a decimal point to the 106 account number that
had been used for the single Accounts Receivable account. This
change allows the company to continue using the existing chart of
accounts.
| No. | Account Title | Debit | Credit | ||||
| 101 | Cash | $ | 48,482 | ||||
| 106.1 | Alex’s Engineering Co. | 0 | |||||
| 106.2 | Wildcat Services | 0 | |||||
| 106.3 | Easy Leasing | 0 | |||||
| 106.4 | IFM Co. | 3,080 | |||||
| 106.5 | Liu Corp. | 0 | |||||
| 106.6 | Gomez Co. | 2,768 | |||||
| 106.7 | Delta Co. | 0 | |||||
| 106.8 | KC, Inc. | 0 | |||||
| 106.9 | Dream, Inc. | 0 | |||||
| 119 | Merchandise inventory | 0 | |||||
| 126 | Computer supplies | 680 | |||||
| 128 | Prepaid insurance | 1,827 | |||||
| 131 | Prepaid rent | 845 | |||||
| 163 | Office equipment | 8,140 | |||||
| 164 | Accumulated depreciation—Office equipment | $ | 220 | ||||
| 167 | Computer equipment | 20,000 | |||||
| 168 | Accumulated depreciation—Computer equipment | 1,220 | |||||
| 201 | Accounts payable | 1,140 | |||||
| 210 | Wages payable | 860 | |||||
| 236 | Unearned computer services revenue | 1,420 | |||||
| 301 | S. Rey, Capital | 80,962 | |||||
| 302 | S. Rey, Withdrawals | 0 | |||||
| 403 | Computer services revenue | 0 | |||||
| 413 | Sales | 0 | |||||
| 414 | Sales returns and allowances | 0 | |||||
| 415 | Sales discounts | 0 | |||||
| 502 | Cost of goods sold | 0 | |||||
| 612 | Depreciation expense—Office equipment | 0 | |||||
| 613 | Depreciation expense—Computer equipment | 0 | |||||
| 623 | Wages expense | 0 | |||||
| 637 | Insurance expense | 0 | |||||
| 640 | Rent expense | 0 | |||||
| 652 | Computer supplies expense | 0 | |||||
| 655 | Advertising expense | 0 | |||||
| 676 | Mileage expense | 0 | |||||
| 677 | Miscellaneous expenses | 0 | |||||
| 684 | Repairs expense—Computer | 0 | |||||
In response to requests from customers, S. Rey will begin selling
computer software. The company will extend credit terms of 1/10,
n/30, FOB shipping point, to all customers who purchase this
merchandise. However, no cash discount is available on consulting
fees. Additional accounts (Nos. 119, 413, 414, 415, and 502) are
added to its general ledger to accommodate the company’s new
merchandising activities. Its transactions for January through
March follow:
| Jan. | 4 | The company paid cash to Lyn Addie for five days’ work at the rate of $215 per day. Four of the five days relate to wages payable that were accrued in the prior year. | ||
| 5 | Santana Rey invested an additional $24,200 cash in the company. | |||
| 7 | The company purchased $5,800 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB shipping point, invoice dated January 7. | |||
| 9 | The company received $2,768 cash from Gomez Co. as full payment on its account. | |||
| 11 | The company completed a five-day project for Alex’s Engineering Co. and billed it $5,420, which is the total price of $6,840 less the advance payment of $1,420. The company debited Unearned Computer Services Revenue for $1,420. | |||
| 13 | The company sold merchandise with a retail value of $4,100 and a cost of $3,400 to Liu Corp., invoice dated January 13. | |||
| 15 | The company paid $630 cash for freight charges on the merchandise purchased on January 7. | |||
| 16 | The company received $4,060 cash from Delta Co. for computer services provided. | |||
| 17 | The company paid Kansas Corp. for the invoice dated January 7, net of the discount. | |||
| 20 | The company gave a price reduction (allowance) of $700 to Liu Corp., and credited Liu's accounts receivable for that amount. | |||
| 22 | The company received the balance due from Liu Corp., net of the discount and the allowance. | |||
| 24 | The company returned defective merchandise to Kansas Corp. and accepted a credit against future purchases (debited accounts payable). The defective merchandise invoice cost, net of the discount, was $486. | |||
| 26 | The company purchased $9,900 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB destination, invoice dated January 26. | |||
| 26 | The company sold merchandise with a $4,550 cost for $5,840 on credit to KC, Inc., invoice dated January 26. | |||
| 31 | The company paid cash to Lyn Addie for 10 days’ work at $215 per day. | |||
| Feb. | 1 | The company paid $2,535 cash to Hillside Mall for another three months’ rent in advance. | ||
| 3 | The company paid Kansas Corp. for the balance due, net of the cash discount, less the $486 credit from merchandise returned on January 24. | |||
| 5 | The company paid $440 cash to Facebook for an advertisement to appear on February 5 only. | |||
| 11 | The company received the balance due from Alex’s Engineering Co. for fees billed on January 11. | |||
| 15 | Santana Rey withdrew $4,720 cash from the company for personal use. | |||
| 23 | The company sold merchandise with a $2,530 cost for $3,390 on credit to Delta Co., invoice dated February 23. | |||
| 26 | The company paid cash to Lyn Addie for eight days’ work at $215 per day. | |||
| 27 | The company reimbursed Santana Rey $224 for business automobile mileage. The company recorded the reimbursement as "Mileage Expense." | |||
| Mar. | 8 | The company purchased $2,750 of computer supplies from Harris Office Products on credit with terms of n/30, FOB destination, invoice dated March 8. | ||
| 9 | The company received the balance due from Delta Co. for merchandise sold on February 23. | |||
| 11 | The company paid $770 cash for minor repairs to the company’s computer. | |||
| 16 | The company received $5,320 cash from Dream, Inc., for computing services provided. | |||
| 19 | The company paid the full amount due of $3,890 to Harris Office Products, consisting of amounts created on December 15 (of $1,140) and March 8. | |||
| 24 | The company billed Easy Leasing for $9,117 of computing services provided. | |||
| 25 | The company sold merchandise with a $2,202 cost for $2,840 on credit to Wildcat Services, invoice dated March 25. | |||
| 30 | The company sold merchandise with a $1,088 cost for $2,270 on credit to IFM Company, invoice dated March 30. | |||
| 31 | The company reimbursed Santana Rey $224 for business automobile mileage. The company recorded the reimbursement as "Mileage Expense." |
The following additional facts are available for preparing
adjustments on March 31 prior to financial statement
preparation:
Part 1: Prepare journal entries to record each of the January through March transactions.
Part 2: Post the journal entries in part 1 to the accounts in the company’s general ledger. Note: Begin with the ledger’s post-closing adjusted balances as of December 31, 2019.
Part 3: Prepare 6-column work sheet that includes the unadjusted trial balance, the March 31 adjustments (a) through (g), and the adjusted trial balance. Do not prepare closing entries and do not journalize the adjustments or post them to the ledger.
Part 4a) Prepare an income statement (from the adjusted trial
balance in part 3) for the three months ended March 31, 2018.
(a) Use a single-step format. List all expenses without
differentiating between selling expenses and general and
administrative expenses
Part 4b) Prepare an income statement (from the adjusted trial
balance in part 3) for the three months ended March 31, 2018.
(b) Use a multiple-step format that begins with gross sales
(service revenues plus gross product sales) and includes separate
categories for net sales, cost of goods sold, selling expenses, and
general and administrative expenses. Categorize the following
accounts as selling expenses: Wages Expense, Mileage Expense, and
Advertising Expense. Categorize the remaining expenses as general
and administrative.
Part 5) Prepare a statement of owner’s equity (from the adjusted trial balance in part 3) for the three months ended March 31, 2020.
Part 6) Prepare a classified balance sheet (from the adjusted trial balance) as of March 31, 2020.
In: Accounting
Case Study
You are working the night shift on a medical unit and have been assigned charge nurse responsibilities. You are working with four RNs, one LPN, and two UAPs. A client becomes pulseless and is not breathing, and the nurse assigned to the client’s care calls a code. The nurse is occupied at this client’s bedside for 1.5 hours until the resuscitation effort is completed, and the client is transferred to the intensive care unit. This nurse also has four other assigned clients. In addition to the nurse assigned to care for the client requiring resuscitation, two of the other nurses working on your unit are assisting in the code.
Review the case study and write an essay (suggested length of 2–3 pages) in which you do the following:
Discuss what tasks could you delegate to the UAPs?
The LPN working on the unit is a new graduate and has been employed for only 4 weeks. How would you collaborate with this nurse when delegating tasks for completion?
Discuss how you will maintain the safety of the other clients on your unit while three nurses are occupied with the client requiring resuscitation?
Explain how might effective delegation to other team members contribute to care of the clients on the unit?
In: Nursing
At a chip manufacturing plant, four technicians, (A, B, C, D) produce three products (Products 1, 2, and 3). This month, the chip manufacturer can sell 80 units of Product 1, 50 units of Product 2 and, at most, 50 units of Product 3. Technician A can make only Product 1 and 3. Techncian B can make only Products 1 and 2. Technician C can make only Product 3. Techncian D can make only Product 2. For each unit produced, the products contribute the following profit: Product 1, $6, Product 2, $7, Product 3, $10. The time (in hours) each technician needs to manufacture a product is as follows:
|
Product |
Technician A |
Technician B |
Technician C |
Technician D |
|
1 |
2 |
2.5 |
Cannot Do |
Cannot Do |
|
2 |
Cannot Do |
3 |
Cannot Do |
3.5 |
|
3 |
3 |
Cannot Do |
4 |
Cannot Do |
Each technician can work up to 120 hours per month. How can the chip manufacturer maximize it’s monthly profit? Assume a fractional number of units can be produced.
In: Statistics and Probability
Alex, 2-years old and the first child for parents Michael and Kim, was diagnosed with Cystic Fibrosis one year ago. The pediatric nurse practitioner recommended testing for Cystic Fibrosis after seeing Alex for his 9-month well-child check-up and discovering that he measured very low on growth and weight charts in comparison to other 9-month-old babies. Alex has had three respiratory infections in the last 6 months that have required hospitalization. You are the home care nurse that is assigned to develop a home care strategy for Alex and his family following discharge from his most recent hospitalization.
In a 3-4-page recommendation paper:
please the answers should be 3 - 4 pages, double spaced, font size of 12.
In: Nursing
Recent trends in globalization have forced businesses around the world to more keenly focus on profitability. This trend is also present in Japan, where historical links between banks and businesses have traditionally blurred the goals of firms. For example, the Japanese business engineering firm, Mitsui & Co. Ltd., recently launched “Challenge 21”. A plan directed at helping the company emerge as Japan’s leading business engineering group. According to a spokesperson for the company.” [ This plan permits us to] create new value and maximize profitability by taking steps such as renewing our management framework and prioritizing the allocation of our resources into strategic areas. We are committed to maximizing shareholder value through business conduct that balances the pursuit of earnings with socially responsible behavior.” Ultimately, the goal of any continuing company must be to maximize the value of the firm. This goal is often achieved by trying to hit intermediate targets, such as minimizing costs or increasing market share. If you as a manager- do not maximize your firm’s value over time, you will be in danger of either going out of business, being taken over by other owners (as in a leveraged buyout), or having stockholders elect to replace you and other managers. Source: “Mitsui & Co., Ltd. UK Regulatory Announcement: Final Results.” Business Wire, May 13, 2004.
Questions
1. What is (Challenge 21 ) plan of Mitsui & Co., Ltd.
2. What were the objectives of the management of Mitsui & Co., Ltd
. 3. What are the threats of not maximizing a firm’s value.
In: Economics