Questions
According to Theodore Moran, when do the greatest spillovers on the local economy occur? Select one:...

According to Theodore Moran, when do the greatest spillovers on the local economy occur?

Select one:

a. When there is an appropriate balance between multinational corporations and the state in productive decision-making

b. None of the choices given (above/below)

c. When the multinational corporation is free to make the productive decisions

d. When the UN is responsible for regulating productive decisions.

e. When the state is responsible for regulating productive decisions

In: Economics

SmartAuto Manufacturing is engaged in the production of replacement parts for automobiles. One plant specializes in...

SmartAuto Manufacturing is engaged in the production of replacement parts for automobiles. One plant specializes in the production of two parts: Part #127 and Part #234. Part #127 produced the highest volume of activity, and for many years it was the only part produced by the plant. Five years ago, Part #234 was added. Part #234 was more difficult to manufacture and required special tooling and setups. Profits increased for the first three years after the addition of the new product. In the last two years, however, the plant faced intense competition, and its sales of Part #127 dropped. In fact, the plant showed a small loss in the most recent reporting period.

Much of the competition was from foreign sources, and the plant manager was convinced that the foreign producers were guilty of selling the part below the cost of producing it. The following conversation between Patricia Wang, plant manager, and James Tin, divisional marketing manager, reflects the concerns of the division about the future of the plant and its products.

JAMES:           You know, Patricia, the divisional manager is real concerned about the plant's trend. He indicated that in this budgetary environment, we can't afford to carry plants that don't show a profit. We shut one down just last month because it couldn't handle the competition.

PATRICIA:      James, you and I both know that Part #127 has a reputation for quality and value. It has been a mainstay for years. I don't understand what's happening.

JAMES:           I just received a call from one of our major customers concerning Part #127. He said that a sales representative from another firm offered the part at $20 per unit – $11 less than what we charge. It's hard to compete with a price like that. Perhaps the plant is simply obsolete.

PATRICIA:      No. I don't buy that. From my sources, I know we have good technology. We are efficient.

And it's costing a little more than $21 to produce that part. I don't see how these companies can afford to sell it so cheaply. I'm not convinced that we should meet the price. Perhaps a better strategy is to emphasize producing and selling more of Part #234. Our margin is high on this product, and we have virtually no competition for it.

JAMES:           You may be right. I think we can increase the price significantly and not lose business. I called a few customers to see how they would react to a 25 percent increase in price, and they all said that they would still purchase the same quantity as before.

PATRICIA:      It sounds promising. However, before we make a major commitment to Part #234, I think we had better explore other possible explanations. I want to know how our production costs compare to those of our competitors. Perhaps we could be more efficient and find a way to earn our normal return on Part #127. The market is so much bigger for this part. I'm not sure we can survive with only Part #234. Besides, my production people hate that part. It's very difficult to produce.

After her meeting with James, Patricia requested an investigation of the production costs and comparative efficiency. She received approval to hire a consulting group to make an independent investigation. After a three-month assessment, the consulting group provided the following information on the plant's production activities and costs associated with the two products:

Part #127

Part #234

Production

      500,000

      100,000

Selling price

        $31.86

        $24.00

Prime cost per unit

         $9.53

          $8.26

Number of production runs

            100

             200

Receiving orders

            400

          1,000

Machine hours

      125,000

        60,000

Direct labor hours

      250,000

        22,500

Engineering hours

         5,000

          5,000

Material moves

            500

             400

* Calculated using a plantwide rate based on direct labor hours. This is the current way of assigning the plant's overhead to its products.

The consulting group recommended switching the overhead assignment to an activity-based approach. It maintained that activity-based cost assignment is more accurate and will provide better information for decision making. To facilitate this recommendation, it grouped the plant's activities into homogeneous sets with the following costs:

Overhead:

Setup costs

        $    240,000

Machine costs

           1,750,000

Receiving costs

           2,100,000

Engineering costs

           2,000,000

Materials-handling costs

             900,000

Total

       $ 6,990,000

Part 1: Compute overhead and gross margin using traditional costing.

Part 2: Select the best cost driver and compute overhead rates for each cost pool.

Part 3: Compute overhead and gross margin using Activity-based costing.

Part 4: Increase in price for Product 234 by 25%.

Part 5: Two reasonable recommendation to improve profitability (Explain)

In: Accounting

Dana Company projects a sales revenue of $150,000 during the calendar year 2014. Using the income...

Dana Company projects a sales revenue of $150,000 during the calendar year 2014. Using the income statement provided below, prepare a pro-forma income statement using the percent-of-sales method.

Income Statement

Dana Dairy Products

For the Year Ended December 31, 2013

Sales Revenue 100,000
Less: Cost of Good Sold 87,000
Gross Profits 13,000
Less: Operating Expenses 11,000
Operating Profits 2,000
Less: Interest Expense 500
Net Profits before taxes 1500
Less: Taxes (40%) 600
Net Profits after taxes 900

In: Finance

Research has shown that several biases can have an effect on performance appraisals. Choose three of...

Research has shown that several biases can have an effect on performance appraisals. Choose three of the bias effects described in your readings (e.g., similar-to-me, physical attractiveness, age, etc.), and describe how an a organization can make systemic changes (i.e., do not just suggest that individuals change their thinking) to avoid these bias effects in performance appraisals.

In: Psychology

A 60-cm-diameter wheel accelerates uniformly, about a central axle, from 120 rpm to 280 rpm in...

A 60-cm-diameter wheel accelerates uniformly, about a central axle, from 120 rpm to 280 rpm in 4.0 s. Calculate (a) it's angular acceleration, (b) the radial and tangential components of the linear acceleration of a point on the rim of the wheel, 2.0 after it started accelerating and (c) the number of revolutions the wheel turned during the 4-s-acceleration.

In: Physics

Benzene has a ΔHvap = 33.90 kJ/mol and a ΔSvap = 96.4 J/mol-K. What is the...

Benzene has a ΔHvap = 33.90 kJ/mol and a ΔSvap = 96.4 J/mol-K. What is the vaporization temperature of Benzene in Celsius?

In: Chemistry

ANNUAL BALANCE SHEET ($ MILLIONS) BOEING CO Dec09 Dec08 Dec07 Dec06 Dec05 ASSETS Cash & Short-Term...

ANNUAL BALANCE SHEET

($ MILLIONS)

BOEING CO

Dec09

Dec08

Dec07

Dec06

Dec05

ASSETS

Cash & Short-Term Investments

             11,223

               3,279

               9,308

                  6,386

               5,966

Net Receivables

               6,153

               6,027

               6,068

                  5,655

               5,613

Inventories

             16,933

             15,612

               9,563

                  8,105

               7,940

Other Current Assets

                  966

               1,046

               2,341

                  2,837

               2,449

------------------

------------------

------------------

------------------

--------------

Total Current Assets

             35,275

             25,964

             27,280

                22,983

             21,968

Gross Plant, Property & Equipment

             21,579

             21,042

             20,180

                19,310

             19,692

Accumulated Depreciation

             12,795

             12,280

             11,915

                11,635

             11,272

------------------

------------------

------------------

------------------

--------------

Net Plant, Property & Equipment

               8,784

               8,762

               8,265

                  7,675

               8,420

   Investments at Equity

                  974

                  942

               1,085

                     964

                    84

   Other Investments

               5,522

               6,243

               9,803

                11,641

             12,407

   Intangibles

               7,196

               6,332

               5,174

                  4,745

               2,799

   Deferred Charges

                     -  

                     -  

                     -  

                       -  

             13,251

Other Assets

               4,302

               5,536

               7,379

                  3,786

               1,129

------------------

------------------

------------------

------------------

--------------

TOTAL ASSETS

             62,053

             53,779

             58,986

                51,794

             60,058

LIABILITIES

Long Term Debt Due In One Year

                  707

                  560

                  762

                  1,381

               1,189

Accounts Payable

               7,096

               5,871

               5,714

                  5,643

               5,124

Taxes Payable

                  182

                    41

                  253

                    670

                  556

Accrued Expenses

             12,822

               6,169

               6,637

                  6,106

               6,590

Other Current Liabilities

             12,076

             18,284

             18,172

                15,901

             14,729

------------------

------------------

------------------

------------------

--------------

Total Current Liabilities

             32,883

             30,925

             31,538

                29,701

             28,188

Long Term Debt

             12,217

               6,952

               7,455

                  8,157

               9,538

Deferred Taxes

                     -  

                     -  

               1,190

                       -  

               2,067

Minority Interest

                    97

Other Liabilities

             14,728

             17,196

               9,799

                  9,197

               9,206

------------------

------------------

------------------

------------------

--------------

TOTAL LIABILITIES

             59,925

             55,073

             49,982

                47,055

             48,999

EQUITY

Common Stock

               5,061

               5,061

               5,061

                  5,061

               5,061

Capital Surplus

               3,724

               3,456

               4,757

                  4,655

               4,371

Retained Earnings

             10,869

               9,150

             16,780

                10,236

             15,498

Less: Treasury Stock

             17,526

             18,961

             17,594

                15,213

             13,871

------------------

------------------

------------------

------------------

--------------

TOTAL EQUITY

               2,128

              (1,294)

               9,004

                  4,739

             11,059

------------------

------------------

------------------

------------------

--------------

TOTAL LIABILITIES & EQUITY

             62,053

             53,779

             58,986

                51,794

             60,058

Common Shares Outstanding

726.291

698.138

736.681

757.836

760.577

ANNUAL INCOME STATEMENT

Dec09

Dec08

Dec07

Dec06

Dec05

Sales

             68,281

             60,909

             66,387

                61,530

             54,845

Cost of Goods Sold

             55,092

             48,950

             51,977

                48,926

             44,757

-------------------

------------------

------------------

------------------

---------------

Gross Profit

             13,189

             11,959

             14,410

                12,604

             10,088

Selling, General, & Administrative Exp.

               9,870

               6,852

               7,381

                  7,428

               6,433

-------------------

------------------

------------------

------------------

---------------

Operating Income Before Deprec.

               3,319

               5,107

               7,029

                  5,176

               3,655

Depreciation,Depletion,&Amortization

               1,273

               1,179

               1,130

                  1,158

               1,092

-------------------

------------------

------------------

------------------

---------------

Operating Profit

               2,046

               3,928

               5,899

                  4,018

               2,563

Interest Expense

                  604

                  524

                  608

                     657

                  713

Non-Operating Income/Expense

                  289

                  591

                  827

                     709

                  391

Special Items

                   (876)

                  578

-------------------

------------------

------------------

------------------

---------------

Pretax Income

               1,731

               3,995

               6,118

                  3,194

               2,819

Total Income Taxes

                  396

               1,341

               2,060

                     988

                  257

-------------------

------------------

------------------

------------------

---------------

Income Before Extraordinary

Items & Discontinued Operations

               1,335

               2,654

               4,058

                  2,206

               2,562

Discontinued Operations

                   (23)

                    18

                    16

                         9

                     (7)

-------------------

------------------

------------------

------------------

---------------

Adjusted Net Income

               1,312

               2,672

               4,074

                  2,215

               2,555

A. What percentage decline in earnings before interest and taxes could Boeing have sustained in these years before failing to cover

             i.      Interest and principal repayment requirements,

           ii.      Interest, principal and common dividend payments?

B. What do these calculations suggest about Boeing’s financial leverage during this period?

Please Answer question in detailed and as soon as possible. Thank you!

In: Finance

how politically stable is the u.k.? (do they get respect from citizens; preferably in a paragraph...

how politically stable is the u.k.? (do they get respect from citizens; preferably in a paragraph or two)

In: Economics

What makes a topic appropriate for writing an argument paper? How does your topic meet this...

What makes a topic appropriate for writing an argument paper? How does your topic meet this criteria?

In: Math

Financial reporting by general-purpose governments includes presentation of management’s discussion and analysis as a. Required supplementary...

Financial reporting by general-purpose governments includes presentation of management’s discussion and analysis as

a. Required supplementary information after the notes to the financial statements.

b. A description of currently known facts, decisions, or conditions expected to have significant effects on financial activities.

c. Part of the basic financial statements.

d. Information that may be limited to highlighting the amounts and percentages of change from the prior to the current year.

In: Accounting

Write an AWK program that takes as input salary_file (Imaginary File). The salary_file consists around 150...

Write an AWK program that takes as input salary_file (Imaginary File). The

salary_file consists around 150 records, each record having three fields: name, salary per hour,

and hours worked -- fields 1, 2, and 3, respectively. Save your AWK program in a file. Name the

file according to our standard convention but with .awk extension, hence name it

As5_yourName_p2.awk. Do not forget to have comments inside of your AWK file.

Your AWK program should have all three segments: BEGIN, main (pattern/action), and END

blocks

1. In the BEGIN segment

1. print your name

2. introduce/initiate variables that you are going to use in parts 2. and 3. of this

Problem

2. In the main block/segment, print

1. only names and salaries of employees that earned more than $700.00

2. names of all employees whose names start with capital A, G or W

3. In the END segment, print

1. total number of employees

2. cumulative hours worked by all employees

3. name of the employee that earned the most

4. name of the file that AWK (this program) is processing

In: Computer Science

38)What is the experimental yield (in g of precipitate) when 17.8 mL of a 0.6 M...

38)What is the experimental yield (in g of precipitate) when 17.8 mL of a 0.6 M solution of sodium chloride is combined with 16.5 mL of a 0.674 M solution of silver nitrate at a 88.5% yield?

In: Chemistry

Dario, a prep cook at an Italian restaurant, spins a salad spinner and observes that it...

Dario, a prep cook at an Italian restaurant, spins a salad spinner and observes that it rotates 20.0 times in 5.00 seconds and then stops spinning it. The salad spinner rotates 6.00 more times before it comes to rest. Assume that the spinner slows down with constant angular acceleration.

What is the magnitude of the angular acceleration of the salad spinner as it slows down?

Express your answer numerically in radians per second per second.

In: Physics

Two-year-old Danielle has parents who encourage emotional expressiveness and show empathetic concern for her feelings. How...

Two-year-old Danielle has parents who encourage emotional expressiveness and show empathetic concern for her feelings. How is Danielle most likely to respond when another child is unhappy?

  • A. Exhibit fear and anger
  • B. Display anxiety and distress
  • C. Show sympathetic concern
  • D. Engage in frowning and lip biting

In: Psychology

1. Population size will always decrease if… a. rmax = 0.5 b. N > K c....

1. Population size will always decrease if…

a. rmax = 0.5

b. N > K

c. there is exponential growth

d. N = 1000

e. The growth model is density-dependent

2. Which of the following describes K-selected populations?

a. Density-dependent, low competition for resources, little parental care, lots of large offspring

b. Density-independent, highly likelihood of surviving to reproduce again, little parental care, unstable environment

c. Density-dependent, many offspring, high competition for resources, small offspring

d. Density-dependent, high likelihood of surviving to reproduce again, high survival offspring, “lots” of parental care

e. Density-independent, high competition for resources, little parental care, large offspring

3. Realized niche is necessarily_________________ than a fundamental niche.

a. Larger than

b. The same size as

c. Larger than or the same size as

d. Smaller than

e. Smaller than or the same size as

4. The intermediate disturbance hypothesis (IDH) is related to succession which of the following ways?

a. Intermediate levels of disturbance act to disrupt the succession process and allow early succession species to reestablish.

b. The intermediate disturbance hypothesis does not relate to succession.

c. Communities at later successional stages will be more diverse according the IDH.

d. Intermediate levels of disturbance will favor K-selected species.

e. Low levels of disturbance increase diversity by adding r-selected species to habitats according to the IDH.

5. An island that is close to the mainland has higher diversity than an island far from the mainland because

a. The immigration rate is lower and the extinction rate is higher on the close island

b. The immigration rate is higher and the extinction rate is lower on the close island

c. The immigration rate and extinction rate are both higher on the close island

d. The extinction rate and immigration rate are both lower on the close island

e. Islands closer to the mainland have lower diversity

In: Biology