1a. What is the "one country, two systems" approach of China? How did it come about? How is the concept doing today?
1b. Describe and explain the four phases of the international planning process. Please provide example (s) when suitable.
1c. Describe the five characteristics of an innovation that assist in determining the rate of acceptance or resistance of the market to a product. Please provide examples.
1d. What has become the primary vehicle for doing business in many foreign countries? Explain and justify your answer with example(s).
1e. What are the various techniques that can be used to motivate middlemen? Please illustrate your answer with examples.
In: Operations Management
Asset management ratios
Asset management ratios are used to measure how effectively a firm manages its assets, by relating the amount a firm has invested in a particular type of asset (or group of assets) to the amount of revenues the asset is generating. Examples of asset management ratios include the average collection period (also called the days sales outstanding ratio), the inventory turnover ratio, the fixed asset turnover ratio, and the total asset turnover ratio.
Consider the following case:
Franklin Aerospace has a quick ratio of 2.00x, $36,225 in cash, $20,125 in accounts receivable, some inventory, total current assets of $80,500, and total current liabilities of $28,175. The company reported annual sales of $200,000 in the most recent annual report.
Over the past year, how often did Franklin Aerospace sell and replace its inventory?
9.11x
8.28x
2.86x
8.01x
The inventory turnover ratio across companies in the aerospace industry is 9.108x. Based on this information, which of the following statements is true for Franklin Aerospace?
Franklin Aerospace is holding more inventory per dollar of sales compared with the industry average.
Franklin Aerospace is holding less inventory per dollar of sales compared with the industry average.
You are analyzing two companies that manufacture electronic toys—Like Games Inc. and Our Play Inc. Like Games was launched eight years ago, whereas Our Play is a relatively new company that has been in operation for only the past two years. However, both companies have an equal market share with sales of $200,000 each. You’ve collected company data to compare Like Games and Our Play. Last year, the average sales for all industry competitors was $510,000. As an analyst, you want to make comments on the expected performance of these two companies in the coming year. You’ve collected data from the companies’ financial statements. This information is listed as follows: (Note: Assume there are 365 days in a year.)
Data Collected (in dollars)
| Like Games | Our Play | Industry Average | |
| Accounts receivable | 5,400 | 7,800 | 7,700 |
| Net fixed assets | 110,000 | 160,000 | 433,500 |
| Total assets | 190,000 | 250,000 | 469,200 |
Using this information, complete the following statements to include in your analysis.
| 1. | A _______ days of sales outstanding represents an efficient credit and collection policy. Between the two companies, ______ is collecting cash from its customers faster than _____ , but both companies are collecting their receivables less quickly than the industry average. |
| 2. | Our Play’s fixed assets turnover ratio is ____ than that of Like Games. This could be because Our Play is a relatively new company, so the acquisition cost of its fixed assets is _____ than the recorded cost of Like Games’s net fixed assets. |
| 3. | Like Games’s total assets turnover ratio is ______ , which is _____ than the industry’s average total assets turnover ratio. In general, a higher total assets turnover ratio indicates greater efficiency. |
Answer choices
1A. High or Low
1B. Like Games or Our Play
1C. Our play Or Likes Games
2A. Lower or Higher
2B. Higher or Lower
3A. 1.05X or 0.80X
3B Lower or Higher
In: Finance
(Python code please) Of a Guessing game(1-10) with a limited amount of guesses (5)
In: Computer Science
In: Operations Management
Lindon company is the exclusive distributor for an automotive product that sells for $38 per unit and has a cm ratio of 30%. the company's fixed expenses are $180,000 per year. the company plans to sell 16,000 units this year.
required:
1. what are the variable expenses per unit?
2. using the equation method;
a. what is the break-even point in unit sales and in dollar sales?
b. what sales level in unit and dollar is required to earn an annual profit of $50,000?
4. assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3 per unit. what is the company's new break-even point in unit sales and in dollar sales?
In: Accounting
|
|
||||||||||||||
|
||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In: Accounting
Taylored T’s is a sole proprietorship owned and operated by Taylor Breckitt. TT’s takes plain t-shirts and prints or sews logos and designs for customers. Taylor is required to file financial statements with his bank each month in order to keep their credit line open. TT’s reported the following results for March:
|
Beginning Raw Materials Inventory |
$500 |
|
Ending Raw Materials Inventory: |
$750 |
|
Beginning Work in Process Inventory: |
$3,200 |
|
Beginning Finished Goods Inventory: |
$2,500 |
|
Ending Finished Goods Inventory: |
$2,200 |
|
Cost of Goods Sold: |
$42,500 |
|
Materials Purchased: |
$49,000 |
|
Indirect Materials Used: |
$9,000 |
|
Direct Labor Wages: |
$50,000 |
|
Indirect Labor Wages: |
$6,100 |
|
Production Equipment Depreciation: |
$2,600 |
|
Equipment Maintenance: |
$1,800 |
|
Factory Rent: |
$5,400 |
|
Office Supplies Used: |
$1,250 |
|
Selling and Administrative Expenses: |
$11,100 |
The bank is especially concerned about the Working Capital ratio, so they want to be sure that TT is reporting their assets fairly.
What was TT’s Ending Work in Process Inventory for the period?
Select one or more:
a. $38,880
b. $154,850
c. $94,205
d. $75,650
In: Accounting
Drugs Affects on the Brain Writing Assignment
Directions and Rubric
After reading chapter 3 in your text "PSYCHOLOGY ELEVENTH EDITION ", write a one page analysis of the interactions of each of the three types of psychoactive drugs (depressants, stimulants, hallucinogens) and the effects they have on the brain and nervous system. Be sure to use specific examples in your analysis.
The finished product should be one page in length double spaced with 12 point font and margins of 1 inch.
In: Psychology
On January 1, 2021, Sikie Shoe Manufacturing Corporation had 60,000 shares of $5 par value common stock issued and outstanding and 10,000 6% $50 cumulative preferred stock issued and outstanding. During the year, the following transactions occurred:
3/1/2021 Declared a 20% stock dividend on outstanding common stock to stock holders of record March 15. The market price per share as of March 1 is $18
4/1/2021 The 20% stock dividend declared on March 1 was issued to the common stockholders.
4/10/2021 Declared cash dividend to preferred stockholders of record on April 20
4/30/2021 Paid preferred stockholders' dividend declared on April 10.
5/10/2021 Declared a 35% stock dividend on outstanding common stock to stockholders of record May 20. The market price per share as of May 10 is $25
5/30/2021 The 35% stock dividend declared on May 10 was issued to the common stockholders.
9/30/2021 A 3 for 1 stock split was announced for common stock holders on record as of October 15. The market price of the share was $90 on Sept 30
12/1/2021 Declared a cash dividend of $1.00 per share to common stockholders of record on Dec. 10
12/20/2021 Paid the $1.00 cash dividend to the common shareholders.
instructions:
a. Prepare journal entries to record each of the above transactions. If no entry is required, indicate so.
b. Prepare all closing entries at year-end.
In: Accounting
*** Please I do not want answer from internet
*** Plagiarism not allowed
In: Operations Management
Diego Company manufactures one product that is sold for $71 per unit in two geographic regions—the East and West regions. The following information pertains to the company’s first year of operations in which it produced 54,000 units and sold 49,000 units.
| Variable costs per unit: | |||
| Manufacturing: | |||
| Direct materials | $ | 22 | |
| Direct labor | $ | 12 | |
| Variable manufacturing overhead | $ | 3 | |
| Variable selling and administrative | $ | 5 | |
| Fixed costs per year: | |||
| Fixed manufacturing overhead | $ | 864,000 | |
| Fixed selling and administrative expenses | $ | 586,000 | |
The company sold 36,000 units in the East region and 13,000 units in the West region. It determined that $280,000 of its fixed selling and administrative expenses is traceable to the West region, $230,000 is traceable to the East region, and the remaining $76,000 is a common fixed cost. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product.
1.) Diego is considering eliminating the West region because an internally generated report suggests the region’s total gross margin in the first year of operations was $46,000 less than its traceable fixed selling and administrative expenses. Diego believes that if it drops the West region, the East region's sales will grow by 5% in Year 2. Using the contribution approach for analyzing segment profitability and assuming all else remains constant in Year 2, what would be the profit impact of dropping the West region in Year 2?
2.) Assume the West region invests $44,000 in a new advertising campaign in Year 2 that increases its unit sales by 20%. If all else remains constant, what would be the profit impact of pursuing the advertising campaign?
In: Accounting
In: Psychology
** Please I do not want answer from internet
** Plagiarism not allowed
In: Operations Management
The Matsui Lubricants plant uses the weighted-average method to account for its work-in-process inventories. The accounting records show the following information for a particular day:
| Beginning WIP inventory | |||
| Direct materials | $ | 991 | |
| Conversion costs | 422 | ||
| Current period costs | |||
| Direct materials | 19,406 | ||
| Conversion costs | 11,331 | ||
Quantity information is obtained from the manufacturing records and includes the following:
| Beginning inventory | 950 | units | (60% complete as
to materials, 56% complete as to conversion) |
| Current period units started | 5,000 | units | |
| Ending inventory | 1,200 | units | (40% complete as
to materials, 30% complete as to conversion) |
Compute the cost of goods transferred out and the ending inventory using the weighted-average method. (Do not round intermediate calculations.)
COST OF GOODS
TRANFERRED OUT ???????
COSTS IN ENDING INVENTORY ??????
In: Accounting
How do you come up with your bid/response for the Request for Proposal?
In: Operations Management