Please revise the following email.
Subject: ConnexCable The Nation’s Largest Cable TV Producer - Price Increases
Dear Mr. Singh,
As the nations leading producer of cable entertainment ConnexCable have been working continuous to bring you the highest quality programming and cable features. Because many next generation technology features are available at this point in time we are investing in them to make sure of the fact you have more programming choices and improvements in customer service.
Some of the recent improvements include a main dashboard layed out in a tile format. This will give you direct access to recorded and bookmarked shows as well as access to Facebook, Pandora, and additional online media. There are voice command. On your remote control, so you can search for shows, movies, web videos. Our new system is four times faster then the current model and uses less energy then other cable boxes, which is why we are raising the prices.
These improvements, when combined with the rising costs of doing business and escalating programming charges has increased our operating budget. Although we are forced you raise your price, in selected packages, adjustments are small and cost of programs (some) actually really declines.
If you receive the Basic Cable package you wont see a price increase. Depending on where you live that package will remain at the price of $23 to #28 per motnh. If you receive the Digital Economy package you will see a rate decline, depending on you’re package this decline will range from eight cents to ten dollars per month.
A complete schedule showing rate adjustments are encolosed. Although the cost is going up, you get the best in voice, video, and data transmission. We offer exceptional value and entertainment. We appreciate your loyalty and money.
Sincerely,
Diana
I saw the solution on website it was nothing changed. so, it was not correct and need to make changes as per requirement.
In: Economics
Quality of Life Program 2020 is one of the major Programs to attain 2030 vision. The program main focus is to improve the lifestyle of individual, family and the society of Saudi Arabia as a whole, in addition to infrastructure development.
For instance, in term of changing the lifestyle, several plans were placed to engage the citizens and residents in entertainment, sport and cultural activities. On the other hand, multiple projects were designed to improve the country`s infrastructure by upgrading transportation, housing, cities infrastructures, environment, healthcare, economic, education, security and social environment. The successful accomplishment of the Program objectives result in numerous jobs opportunities for citizens, and reinforce the economic growth by allowing various incomes sources.
Read the passage thoughtfully, look online to familiarize yourself with the program aspects, you will notice that many projects related to the program are already in process. Finally, answer the following questions, be aware that there is no one right answer as long as you defend your opinion with critical analyzes and use the materials covered in the class.
1. Choose one area from the quality program ( transportation , housing , educational opportunities , social environment , healthcare , entertainment , culture , art , sport …etc)
( 1 point )
2. Highlight at least three plans that are positioned by the government to enhance the quality in the area chosen? ( 1 points )
3. Based on your understanding, what could be the most effective organizational structure (Hierarchical, matrix, cross-functional, product or process based structure) that can be used in order to organize the process of implementation, and why? ( 1 point )
You are free to use more than one structure suggestion, however defend your answer with thoughtful reasons.
4. Using the quality planning functions that you have studied earlier this semester, who are the interned target in your chosen area (be specific), what are their needs? ( 1 point )
5. How does this program fulfill these needs ( relate your answer to one of the quality approaches discussed in the class) ( 1 point )
In: Economics
Case – Disney
Washington Post
“Comcast’s $65 Billion bid set up Disney Dual,” June 14, 2018
Steven Zeitchik
“Comcast made a $65 billion bid Wednesday for 21st Century Fox in what is expected to be the first of many attempts to buy up pieces of the entertain world after AT&T’s decisive legal victory over the government to buy Tim Warner. The offer sets up a battle of wills between two of the most dominant entertainment companies in the world – Walt Disney, which offered $52.4 billion for Fox last year, and Comcast, the nation’s leading cable company, which already owns Universal Studios and NBC.”
Comcast's offer, representing a 19% premium to Disney's all-stock offer, launches a bidding war for Fox studios and networks that both companies see as integral to becoming stronger competitors in a rapidly changing media landscape. "We firmly believe that the truly great media companies of the next century will be large, integrated entities with multiple growth engines across a wide swath of the global entertainment industry," Comcast CEO Brian L. Roberts said during a conference call late Wednesday. Comcast also offered to reimburse the $1.5 billion breakup fee Fox would have to pay Disney.
You work for the CEO of Disney. The question is now to bid or not to bid. Comcast just made an offer to acquire 21st Century Fox. Should Disney increase its bid to cover Comcast's offer? Please write a report suggesting a course of action to Disney (increase bid or withdraw), justifying your choices. If your choice is "withdraw", please provide other alternatives for Disney (e.g., what else they can do with the money they would spend on Fox). If your choice is "increase bid", please describe how you would manage the post-merger integration process.
In: Finance
I want a new answer please
Quality of Life Program 2020 is one of the major Programs to attain 2030 vision. The program main focus is to improve the lifestyle of individual, family and the society of Saudi Arabia as a whole, in addition to infrastructure development.
For instance, in term of changing the lifestyle, several plans were placed to engage the citizens and residents in entertainment, sport and cultural activities. On the other hand, multiple projects were designed to improve the country`s infrastructure by upgrading transportation, housing, cities infrastructures, environment, healthcare, economic, education, security and social environment. The successful accomplishment of the Program objectives result in numerous jobs opportunities for citizens, and reinforce the economic growth by allowing various incomes sources.
Read the passage thoughtfully, look online to familiarize yourself with the program aspects, you will notice that many projects related to the program are already in process. Finally, answer the following questions, be aware that there is no one right answer as long as you defend your opinion with critical analyzes and use the materials covered in the class.
1. Choose one area from the quality program ( transportation , housing , educational opportunities , social environment , healthcare , entertainment , culture , art , sport …etc)
( 1 point )
2. Highlight at least three plans that are positioned by the government to enhance the quality in the area chosen? ( 1 points )
3. Based on your understanding, what could be the most effective organizational structure (Hierarchical, matrix, cross-functional, product or process based structure) that can be used in order to organize the process of implementation, and why? ( 1 point )
You are free to use more than one structure suggestion, however defend your answer with thoughtful reasons.
4. Using the quality planning functions that you have studied earlier this semester, who are the interned target in your chosen area (be specific), what are their needs? ( 1 point )
5. How does this program fulfill these needs ( relate your answer to one of the quality approaches discussed in the class) ( 1 point )
In: Economics
Joe operates a business that locates and purchases specialized
assets for clients, among other activities. Joe uses the accrual
method of accounting but he doesn’t keep any significant
inventories of the specialized assets that he sells. Joe reported
the following financial information for his business activities
during year 0.
Determine the effect of each of the following transactions on the
taxable business income. (Select "No Effect" from the
dropdown if no change in the taxable business income.)
f. Joe hired a new sales representative as an employee and sent her to Dallas for a week to contact prospective out-of-state clients. Joe ended up reimbursing his employee $460 for airfare, $510 for lodging, $410 for meals, and $310 for entertainment (Joe provided adequate documentation to substantiate the business purpose for the meals and entertainment). Joe requires the employee to account for all expenditures in order to be reimbursed.
g. Joe uses his BMW (a personal auto) to travel to and from his residence to his factory. However, he switches to a business vehicle if he needs to travel after he reaches the factory. Last month, the business vehicle broke down and he was forced to use the BMW both to travel to and from the factory and to visit work sites. He drove 200 miles visiting work sites and 78 miles driving to and from the factory from his home. Joe uses the standard mileage rate to determine his auto-related business expenses. (Round your answer to whole number. Use standard mileage rate.)
h. Joe paid a visit to his parents in Dallas over the Christmas holidays. While he was in the city, Joe spent $130 to attend a half-day business symposium. Joe paid $360 for airfare, $114 for meals during the symposium, and $68 on cab fare to the symposium.
Determine if it is (Amount of deduction, Amount of income, or No effect for each and the dollar figure associated).
In: Accounting
Personal Budget
At the beginning of the school year, Katherine Malloy decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget:
| Cash balance, September 1 (from a summer job) | $6,430 |
| Purchase season football tickets in September | 90 |
| Additional entertainment for each month | 220 |
| Pay fall semester tuition in September | 3,500 |
| Pay rent at the beginning of each month | 310 |
| Pay for food each month | 180 |
| Pay apartment deposit on September 2 (to be returned December 15) | 400 |
| Part-time job earnings each month (net of taxes) | 800 |
a. Prepare a cash budget for September, October, November, and December. Enter all amounts as positive values except an overall cash decrease which should be indicated with a minus sign.
| KATHERINE MALLOY | ||||
| Cash Budget | ||||
| For the Four Months Ending December 31 | ||||
| September | October | November | December | |
| Estimated cash receipts from: | ||||
| Part-time job | $ | $ | $ | $ |
| Deposit | ||||
| Total cash receipts | $ | $ | $ | $ |
| Estimated cash payments for: | ||||
| Season football tickets | $ | |||
| Additional entertainment | $ | $ | $ | |
| Tuition | ||||
| Rent | ||||
| Food | ||||
| Deposit | ||||
| Total cash payments | $ | $ | $ | $ |
| Overall cash increase (decrease) | $ | $ | $ | $ |
| Cash balance at beginning of month | ||||
| Cash balance at end of month | $ | $ | $ | $ |
Feedback
Sometimes an item may be a decrease in one period and an increase in a different period.
Review the definitions of static budgets and flexible budgets.
What weaknesses are shown by this cash budget?
b. Are the four monthly budgets that are
presented prepared as static budgets or flexible budgets?
Static
c. Malloy can see that her present plan will not provide sufficient cash. If Malloy did not budget but went ahead with the original plan, she would be $ short at the end of December, with no time left to adjust.
In: Accounting
You are a union worker and are employed under a contract that freezes your wages for the next three years. Today, you read an article stating the rate of inflation will increase significantly in the next few years due to a rapidly growing money supply.
What two changes are you most likely to experience?
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In: Operations Management
During a maternity leave of the full-time bookkeeper at a
privately owned furniture repair business, a temporary employee was
involved in the following transactions.
1.
Work was completed on the order for one of the customers who had
paid the full price in advance of $570 several months ago. At that
time it was recorded as unearned revenue. The journal entry to
record completing the work was a debit to Cash and a credit to
Service Revenue.
2.
A cheque in the amount of $1,070 was received in payment of a
customer’s account: Accounts Receivable was debited and Cash was
credited.
3.
Prepaid insurance for $490 was paid by cheque. The resulting entry
included a debit to Prepaid Insurance and a credit to Insurance
Expense for $490.
4.
10 cartridges of printer toner were purchased on account for $580.
This transaction was recorded as a debit to Equipment and a credit
to Accounts Payable. None of the cartridges has been used.
5.
Interest for one month on a $5,600 note payable was accrued as a
debit to Interest Expense and credit to Interest Payable for $560.
The annual rate of interest is 10%.
6.
When the owner, L. Lowe, used $1,140 cash for personal expenses, a
debit was made to L. Lowe, Capital and a credit was made to
Cash.
7.
Equipment costing $440 was purchased on account. This was recorded
with a debit to Repairs Expense and a credit to Cash.
Correct each error by reversing the incorrect entry and then
recording the correct entry. (Credit account titles are
automatically indented when the amount is entered. Do not indent
manually.)
Account Titles and Explanation
Debit
Credit
1.
Reversing incorrect entry:
Prepaid Insurance
Cash
Repairs Expense
Service Revenue
Unearned Revenue
Accounts Payable
Interest Payable
Accounts Receivable
Supplies
L. Lowe, Capital
Insurance Expense
L. Lowe, Drawings
Equipment
Interest Expense
Interest Payable
Cash
Supplies
Accounts Payable
Insurance Expense
Interest Expense
Repairs Expense
Service Revenue
Unearned Revenue
Accounts Receivable
Prepaid Insurance
L. Lowe, Capital
L. Lowe, Drawings
Equipment
Correct entry:
Supplies
Unearned Revenue
Accounts Payable
Repairs Expense
Accounts Receivable
L. Lowe, Capital
Interest Payable
Insurance Expense
Prepaid Insurance
Service Revenue
Equipment
Interest Expense
L. Lowe, Drawings
Cash
Repairs Expense
Prepaid Insurance
Insurance Expense
Unearned Revenue
L. Lowe, Drawings
Interest Expense
L. Lowe, Capital
Accounts Payable
Accounts Receivable
Service Revenue
Cash
Equipment
Supplies
Interest Payable
2.
Reversing incorrect entry:
L. Lowe, Drawings
Unearned Revenue
Equipment
Repairs Expense
Service Revenue
Accounts Receivable
Cash
Insurance Expense
Interest Payable
Prepaid Insurance
Accounts Payable
Supplies
Interest Expense
L. Lowe, Capital
Supplies
Unearned Revenue
Accounts Payable
Accounts Receivable
Insurance Expense
Prepaid Insurance
Interest Expense
Equipment
Interest Payable
L. Lowe, Capital
L. Lowe, Drawings
Repairs Expense
Service Revenue
Cash
Correct entry:
Interest Payable
Insurance Expense
Accounts Receivable
Prepaid Insurance
Repairs Expense
Equipment
L. Lowe, Capital
Accounts Payable
Unearned Revenue
Supplies
Interest Expense
L. Lowe, Drawings
Service Revenue
Cash
Cash
Prepaid Insurance
Supplies
Unearned Revenue
Interest Payable
Insurance Expense
L. Lowe, Capital
Service Revenue
Repairs Expense
Accounts Payable
L. Lowe, Drawings
Accounts Receivable
Equipment
Interest Expense
3.
Reversing incorrect entry:
Accounts Receivable
Interest Expense
L. Lowe, Drawings
Interest Payable
Insurance Expense
L. Lowe, Capital
Prepaid Insurance
Supplies
Repairs Expense
Service Revenue
Cash
Unearned Revenue
Accounts Payable
Equipment
Unearned Revenue
Service Revenue
Accounts Receivable
Insurance Expense
Interest Expense
Accounts Payable
L. Lowe, Capital
Prepaid Insurance
Interest Payable
Cash
Equipment
L. Lowe, Drawings
Repairs Expense
Supplies
Correct entry:
Accounts Receivable
L. Lowe, Drawings
Repairs Expense
Prepaid Insurance
Insurance Expense
Equipment
Supplies
Interest Expense
Interest Payable
Cash
L. Lowe, Capital
Unearned Revenue
Service Revenue
Accounts Payable
L. Lowe, Drawings
L. Lowe, Capital
Equipment
Cash
Repairs Expense
Supplies
Insurance Expense
Accounts Payable
Interest Expense
Unearned Revenue
Interest Payable
Accounts Receivable
Prepaid Insurance
Service Revenue
4.
Reversing incorrect entry:
Prepaid Insurance
Service Revenue
Interest Payable
Repairs Expense
Accounts Receivable
L. Lowe, Capital
Supplies
Interest Expense
Insurance Expense
Accounts Payable
Cash
Unearned Revenue
Equipment
L. Lowe, Drawings
Interest Payable
L. Lowe, Capital
L. Lowe, Drawings
Insurance Expense
Unearned Revenue
Prepaid Insurance
Accounts Payable
Repairs Expense
Service Revenue
Equipment
Supplies
Cash
Accounts Receivable
Interest Expense
Correct entry:
Repairs Expense
Interest Expense
L. Lowe, Drawings
L. Lowe, Capital
Service Revenue
Cash
Accounts Payable
Supplies
Accounts Receivable
Unearned Revenue
Insurance Expense
Prepaid Insurance
Equipment
Interest Payable
Cash
Unearned Revenue
Accounts Payable
Equipment
L. Lowe, Drawings
Repairs Expense
Supplies
Accounts Receivable
Interest Expense
Insurance Expense
Interest Payable
L. Lowe, Capital
Service Revenue
Prepaid Insurance
5.
Reversing incorrect entry:
Unearned Revenue
Prepaid Insurance
Equipment
Interest Expense
Supplies
Cash
Accounts Payable
Interest Payable
Accounts Receivable
L. Lowe, Capital
Insurance Expense
L. Lowe, Drawings
Repairs Expense
Service Revenue
Service Revenue
Prepaid Insurance
Interest Payable
Accounts Receivable
Accounts Payable
Insurance Expense
L. Lowe, Capital
Equipment
Cash
Unearned Revenue
Supplies
Interest Expense
L. Lowe, Drawings
Repairs Expense
Correct entry:
Prepaid Insurance
Interest Expense
Interest Payable
Unearned Revenue
Insurance Expense
L. Lowe, Capital
Accounts Payable
Equipment
Supplies
L. Lowe, Drawings
Repairs Expense
Accounts Receivable
Service Revenue
Cash
Equipment
Service Revenue
Insurance Expense
Supplies
L. Lowe, Capital
Cash
Unearned Revenue
L. Lowe, Drawings
Accounts Payable
Interest Payable
Accounts Receivable
Prepaid Insurance
Interest Expense
Repairs Expense
6.
Reversing incorrect entry:
Service Revenue
Equipment
Interest Expense
Interest Payable
Cash
Prepaid Insurance
L. Lowe, Capital
Repairs Expense
Unearned Revenue
Accounts Payable
L. Lowe, Drawings
Supplies
Accounts Receivable
Insurance Expense
Cash
Interest Payable
Interest Expense
Equipment
Prepaid Insurance
L. Lowe, Drawings
L. Lowe, Capital
Supplies
Repairs Expense
Service Revenue
Unearned Revenue
Accounts Receivable
Accounts Payable
Insurance Expense
Correct entry:
Cash
Interest Payable
L. Lowe, Capital
Accounts Receivable
Repairs Expense
Insurance Expense
Service Revenue
Prepaid Insurance
L. Lowe, Drawings
Unearned Revenue
Equipment
Accounts Payable
Supplies
Interest Expense
Insurance Expense
L. Lowe, Drawings
Supplies
Prepaid Insurance
Interest Expense
Cash
Equipment
Interest Payable
L. Lowe, Capital
Accounts Payable
Repairs Expense
Unearned Revenue
Service Revenue
Accounts Receivable
7.
Reversing incorrect entry:
Accounts Receivable
L. Lowe, Capital
Interest Expense
Supplies
Insurance Expense
Prepaid Insurance
Accounts Payable
Service Revenue
Interest Payable
Equipment
L. Lowe, Drawings
Repairs Expense
Cash
Unearned Revenue
Cash
Supplies
Accounts Receivable
Unearned Revenue
Accounts Payable
L. Lowe, Drawings
Insurance Expense
Prepaid Insurance
Equipment
Service Revenue
Repairs Expense
Interest Expense
Interest Payable
L. Lowe, Capital
Correct entry:
L. Lowe, Drawings
Interest Payable
Interest Expense
L. Lowe, Capital
Supplies
Repairs Expense
Unearned Revenue
Accounts Payable
Cash
Service Revenue
Accounts Receivable
Prepaid Insurance
Insurance Expense
Equipment
Service Revenue
Cash
Insurance Expense
Unearned Revenue
Interest Payable
Accounts Payable
L. Lowe, Capital
Accounts Receivable
Prepaid Insurance
Repairs Expense
Equipment
Supplies
Interest Expense
L. Lowe, Drawings
In: Accounting
For a monopoly, profit per unit of output is?
A-marginal revenue minus marginal cost
B-price minus average total cost
C-average total cost minus marginal revenue
D-price minus marginal revenue
E-total revenue minus total cost
In: Economics
Problem 4-4
The following account balances were included in the trial balance of Novak Corporation at June 30, 2017.
| Sales revenue | $1,585,350 | Depreciation expense (office furniture and equipment) | $7,704 | |||
| Sales discounts | 33,010 | Property tax expense | 7,543 | |||
| Cost of goods sold | 905,200 | Bad debt expense (selling) | 4,494 | |||
| Salaries and wages expense (sales) | 57,430 | Maintenance and repairs expense (administration) | 9,479 | |||
| Sales commissions | 98,700 | Office expense | 5,740 | |||
| Travel expense (salespersons) | 35,400 | Sales returns and allowances | 64,934 | |||
| Delivery expense | 22,110 | Dividends received | 38,980 | |||
| Entertainment expense | 14,830 | Interest expense | 17,670 | |||
| Telephone and Internet expense (sales) | 9,070 | Income tax expense | 108,190 | |||
| Depreciation expense (sales equipment) | 5,217 | Depreciation understatement due to error—2014 (net of tax) | 17,398 | |||
| Maintenance and repairs expense (sales) | 5,893 | Dividends declared on preferred stock | 8,520 | |||
| Miscellaneous selling expenses | 4,910 | Dividends declared on common stock | 37,030 | |||
| Office supplies used | 3,116 | |||||
| Telephone and Internet expense (administration) | 2,587 |
The Retained Earnings account had a balance of $350,680 at July 1,
2016. There are 77,950 shares of common stock outstanding.
a)Using the multiple-step form, prepare an income statement for
the year ended June 30, 2017. (Round earnings per share
to 2 decimal places, e.g. 1.48.)
b)Prepare a retained earnings statement for the year ended June 30,
2017. (List items that increase adjusted retained
earnings first.)
c)Using the single-step form, prepare an income statement for the
year ended June 30, 2017. (Round earnings per share to
2 decimal places, e.g. 1.48.)
d)Prepare a retained earnings statement for the year ended June 30,
2017. (List items that increase adjusted retained
earnings first.)
In: Accounting