12. A manager reported that 50 employees were working in the operation at the beginning of an accounting period, and 70 employees at the end of the period. During the accounting period 20 employees voluntarily left their employment and 4 employees were terminated. What was this manager's overall employee turnover rate in the accounting period?
50%
400%
500%
40%
[Questions 16-18] Use the following labor expense information for answering the next 3 questions.
Day |
Sales |
Guest Served |
Labor hours used |
Cost of labor |
Thursday |
$ 1,700 |
110 |
30 |
$ 380 |
Friday |
$ 1,500 |
120 |
30 |
$ 380 |
Saturday |
$ 2,400 |
210 |
50 |
$ 600 |
Sunday |
$ 1,900 |
175 |
50 |
$ 600 |
16. Comparing the labor cost percentage, which day is the least productive day?
Friday
Saturday
Thursday
Sunday
17. What was the manager’s sales per labor hour on Friday?
$ 52.00
$ 42.00
$ 48.00
$ 50.00
18. Comparing the number of guests served per labor hour, which day is the most productive day?
Sunday
Friday
Thursday
Saturday
Question 20-21] Ice bear operates a fine dining restaurant called the “The Egloo.” His labor productivity ratio of choice is guests served per labor hour. His standards are as follows:
Use the Guest Forecast chart below to answer the following questions 20 & 21.
Time |
Forecasted Number of Guests Served |
Server Hours Needed |
Busperson Hours Needed |
12:00 - 1:00 |
170 |
||
3:00 - 4:00 |
25 |
||
6:00 - 7:00 |
125 |
||
8:00 - 9:00 |
150 |
20. How many busperson labor hours should Ice Bear schedule for the time period from 8:00 to 9:00?
8
5
7
6
21. How many server labor hours should Ice Bear schedule for the time period from 12:00 to 1:00?
18
20
21
17
[Question 23-24] Use the following chart for the next two questions.
The Egloo – Compiled data from 2019
Yearly Sales (300 days/year) |
$275,000 |
Food Expense |
$82,500 |
Labor Expense |
$104,500 |
Other Expense |
$68,500 |
Days in operation for year |
300 |
Average number of labor hours per day |
35 |
Average number of guests served per day |
140 |
23.Calculate the sales per labor hour using the above chart.
$ 24.23
$ 26.19
$ 21.53
$ 11.75
24. Calculate the labor expense percent using the above chart in question 23.
65.5%
38%
25%
30%
In: Operations Management
choose one type of knowledge conversion and explain it ?
In: Operations Management
Suppose you have $30,000 to invest. You’re considering
Miller-Moore Equine Enterprises (MMEE), which is currently selling
for $50 per share. You notice that a put option with a $50 strike
is available with a premium of $3.00. Calculate your percentage
return on the put option for the six-month holding period if the
stock price declines to $46 per share. (A negative value
should be indicated by a minus sign. Leave no cells blank - be
certain to enter "0" wherever required. Do not round intermediate
calculations. Enter your 6-month return as a percent rounded to 2
decimal places.)
Percentage Return _________%
In: Finance
Assume the company has investments in debt securities. One is classified as a trading security and the other is classified as an available-for-sale security. Create a scenario where it is year end and the investments have changed in fair market value. Describe the scenario and explain how the financial statements would be affected. Be detailed and include numbers in the examples. Include any applicable journal entries.
In: Accounting
In: Operations Management
Lancaster is evaluating a plan to purchase a huge tract of land in the southeastern United States for $85 million. The land will subsequently be leased to tenant farmers. This purchase is expected to increase Lancaster’s annual pretax earnings by $14.125 million in perpetuity. Jennifer Weyand, the company’s new CFO, has been put in charge of the project. Jennifer has determined that the company’s current cost of capital is 10.2 percent. She feels that the company would be more valuable if it included debt in its capital structure, so she is evaluating whether the company should issue debt to entirely finance the project. Based on some conversations with investment banks, she thinks that the company can issue bonds at par value with a 6 percent coupon rate. From her analysis, she also believes that a capital structure in the range of 70 percent equity/30 percent debt would be optimal. If the company goes beyond 30 percent debt, its bonds would carry a lower rating and a much higher coupon because the possibility of financial distress and the associated costs would rise sharply. Lancaster has a 23 percent corporate tax rate (state and federal).
If Lancaster wishes to maximize its total market value, would you recommend that it issue debt or equity to finance the land purchase? Explain.
In: Finance
Exercise 5.1
Please provide code for both parts A and B.
PART A
Modify the P5_0.cpp program (located below) and use the predefined function pow to compute the ab power. Here is the definition of the pow function:
double pow (double base, double exponent);
i.e. pow takes two parameters of type double, a and b and its value returned is of type double. You need to use pow in a statement like this:
p = pow(a,b)
Please note that in order to use the pow predefined function, you need to include the cmath directive, i.e. #include.
Call your new program ex51.cpp.
Imagine, you wanted to compute hundreds of these calculations in a program. Can you use a while loop in the program to do so?
PART B
Improve the program of exercise 5.1 by using a while loop that asks the user to input a and b (of any type), computes the pow(a, b)[i.e computes p = pow(a,b)] and displays the result. Call your new improved program ex52.cpp.
CODE: P5_0.cpp program
// P5_0.cpp This C++ program computes the value of ab
for three cases.
#include
using namespace std;
int main(void)
{
int i = 0;
int a = 2, b = 4, p = 1;
while(i < b) // computing
2^4
{
p = p * a;
i++;
}
cout << a << " to
the power of " << b << " is = " << p <<
endl;
i = 0;
p = 1;
a = 3, b = 3;
while(i < b) // computing
3^3
{
p = p * a;
i++;
}
cout << a << " to
the power of " << b << " is = " << p <<
endl;
i = 0;
p = 1;
a = 5, b = 4;
while(i < b) // computing
5^4
{
p = p * a;
i++;
}
cout << a << " to
the power of " << b << " is = " << p <<
endl;
return 0;
}
In: Computer Science
Consider a system consisting of a cylinder with a movable piston containing 106 gas molecules at 298 K at a volume of 1 L. Consider the following descriptions of this system:
A. Initial system as described above.
B. Starting from the initial system, the volume of the container is changed to 2 L and the temperature to 395 K.
C. Starting from the initial system, a combination reaction occurs at constant volume and temperature.
D. Starting from the initial system, the gas reacts completely to produce 107 gas molecules at 395 K in a volume of 2 L.
Arrange the descriptions in order of increasing number of microstates in the resulting system. Explain the rationale for your ranking.
Is this ranking the same order as if you ranked the systems according to increasing entropy?
In: Chemistry
in java
Write an application that gets two numbers from the user and prints the sum, product, difference and quotient of the two numbers in a GUI.
In: Computer Science
Frontier Thesis By Frederick Jackson Turner
1. Explain Turner’s comment that the frontier was a “meeting point between savagery and civilization”? Do you agree with his statement? Why or why not?
2. What did Turner mean by “European germs”? Hint: it does not have to do with spreading disease amongst the Indians.
3. Turner claimed that American Democracy changed as it ventured West. In fact, he saw American Democracy as wholly different from European Democracy thanks to the influence of the West. What do you think he meant by this?
4. Turner mentioned that the closing of the frontier was also the closing of the “first period of American history.” What do you think he meant by that and what period of America do you think came next?
In: Psychology
Chief Complaint: “I’m having a lot of vaginal discharge and it really itches”.
Teresa Nguyen, a 28 yo Vietnamese American woman, is being seen in the clinic for the first time with heavy vaginal secretions and pelvic Pain. She takes no medication.
Vitals: T 37C, P 82, R16, BP 102/66
In: Nursing
As someone who wishes to begin saving for retirement, what is your investment strategy? (In what types of investments would you be looking to place your hard earned money? Again, please be specific)
In: Finance
Convert this into Chomsky normal form, where each rule is in the form: A --> BC or A --> a
A --> A + B | B
B --> B x C | C
C --> (A) | 5
In: Computer Science
Draw an ER diagram with these attributes ( ER diagram for SQL for a library database)
Attributes :
Customer
Cust_ID: key identifier, required, simple, single valued
Cust_Name{ first name, last name}: Key Identifier, simple;composite, multivaried
Address{street, city,zip,state}: Customer address, required, composite, single can be derived from zip
(placeholder, there should be another attribute here to represent the books taken out by the customer. Not sure.)
Inventory
Book_ID: Key identifier, required, simple single valued
Book_Name: Key identifier, required, simple, single-valued
Genre: required: simple; single valued
Publication_Date: required; simple; single valued
Transaction
Book_ID: Key identifier, required, simple, single valued
Rental_Date: required, simple, single valued
Rental cost: required, simple, single valued
Rental_Date: required, simple, single valued
In: Computer Science
CR Black has supplied the following data for use in its activity based costing system:
Overhead Costs:
Wages and Salaries $ 700,000 Other Overhead Costs $ 400,000 Total Overhead Costs $1,100,000
Activity Cost Pool:
Direct Labor Support
Order Processing
Customer Support
Other
Activity Measure:
Number of direct labor-hours
Number of orders
Number of Customers
This is an organizationSustaining activity
Total Activity:
10,000 DLHs
500 Orders
100 customers
Not applicable
Selling Price $700 per unit Units Ordered 100 units Direct materials $350 per unit Direct labor-hours (DLH) 0.5 DLH per unit Direct labor rate $25 per DLH
Distribution of Resource Consumption across Activities
Direct Labor Support |
Order processing | Costomer Support | Other | Total | |
Wages and Salaries | 30% | 35% | 25% | 10% | 100% |
Other Overhead Costs | 25% | 15% | 20% | 40% | 100% |
During the year, CR Black completed an order for a special optical switch for a new customer, Gucwa Telecom. The customer did not order any other products during the year. Data concerning that order follow:
Data concerning the Calandra Telecom Order
Selling Price | $700 per unit |
Units Ordered | 100 units |
Direct Materials | $350 per unit |
Direct Labor-hours (DLH) | 0.5 DLH |
Direct labor rate | $25 per DLH |
5) Prepare a report showing the overhead costs for the order from Calandra, including customer support costs, and prepare a report showing the customer margin for Calandra Telecom.
Please show all work!!
In: Accounting