Vector Technology is suffering from cyber-loafing, which is employee use of work internet access for personal use. Can you lead a task force in creating a new social media policy for Vector before productivity drops even further? Keep in mind that you don't want to create employee backlash! Instructor Instructions: Please review the instruction and respond to the questions for this homework assignment.

Answers

Answer 1

Answer:

New social media policy about the internet usage should be implemented with strict internal controls so that there is no back loafing again by the employees in the organization.

Explanation:

Cyber loafing is Internet back loafing when employees are using company's internet access for personal use or for a second job. Some organizations do allow personal use of internet but to some extent and it should be monitored. When employees find loopholes in the company's internal controls they will create some opportunity for fraud. The internet access given to employees should be monitored carefully and there should be strict internal controls so that any misuse is avoided.


Related Questions

Coronado Industries had 293000 shares of common stock issued and outstanding at December 31, 2020. No common stock was issued during 2021. On January 1, 2021, Coronado issued 200000 shares of nonconvertible preferred stock. During 2021, Coronado declared and paid $110000 cash dividends on the common stock and $79000 on the preferred stock. Net income for the year ended December 31, 2021 was $618000. What should be Coronado's 2021 earnings per common share

Answers

Answer:

$3.72

Explanation:

earnings per common share = earning attributable to holder of common stock ÷ weighted average number of common stocks outstanding

therefore,

earnings per common share = $3.72

The following wordy, inefficient, and disorganized e-mail message invites department managers to three interviewing sessions to select student interns. However, to be effective, this message desperately needs a radical rewrite.

Your Task. Study the e-mail message and the list of ten weaknesses below the message. Then revise the message to correct each weakness. You revision needs to condense this sloppy 14-sentence message into 6 efficient sentences plus a list, and convey all the necessary information. Make all of your corrections directly to the message.

To: Management Staff
From: Nathan Weintraub

Subject: Interns
Staff:

As you may be aware, we have for the past year been considering changing our approach to interns. Your management council recently made a decision to offer compensation to the interns in our internship program because we learned that in two fields (computer science and information systems) interns are usually paid, which is the norm. However, we will be unable to offer any more than three internships.

In collaboration with our nearby college, we have narrowed the field to six excellent candidates. These six candidates will be interviewed. This is to inform you that you are required to attend three interviewing sessions for these student candidates. Your presence is needed at these sessions to help us avoid making poor selections.

You should mark your calendars for the following three times. We are scheduling the first set of interviews for April 5 to meet in the conference room. Please examine all the candidates’ résumés, which are attached, and send me your ranking lists.

The second interviewing session is scheduled for April 8 in Office 22 (the conference room was already scheduled). On April 11 we can finish up in the conference room. All of the meetings will start at 2 p.m. In view of the fact that your projects need fresh ideas and talented new team members, I should not have to urge you to attend and be well prepared.

Nathan Weintraub
Director, Human Resources

1. Does not provide a helpful subject line.
2. Starts indirectly with an explanation instead of the main idea: scheduling interviews.
3. Fails to develop reader benefits, such as explaining why the readers should be interested.
4. Sounds negative (unable to offer; avoid making poor selections; should not have to urge you).
5. Buries a verb (made a decision instead of decided).
6. Has a long lead-in (This is to inform you that).
7. Suffers from flabby expression (in view of the fact that), other wordiness, repetition, and a demanding tone.
8. Fails to make the interview dates and rooms highly readable with a list.
9. Inserts request (send me your ranking lists) in the middle of a paragraph instead of at the end of the message where action items should go.
10. Does not include an end date and reason for returning the ranking lists.

Answers

Explanation:

Since the list of ten weaknesses  has been provided, the sample rewrite based on the needed corrections provided could read;

To: Management Staff

From: Nathan Weintraub

Subject: Invitation to attend interviewing sessions.

"Management would love to invite you to three interviewing sessions for the selection of internship students.

Because of proven expertise and years of experience working in this company, management deems you fit to make the best selection for the company. Hence, we are thus confident that you would give this task your best....."


Branch Adjustment account is in the nature of :
Real account
O Nominal account
Personal account
>
O None of these

Answers

Answer:

B. Nominal Account.

Explanation:

Branch accounting is a system of bookkeeping that uses a system of separate branch accounting. This branch is also known as the operating locations of an organization.

The account which uses branch adjustment accounting is a nominal account. The nominal account is the general ledger account that closes its account at the end of every year, using branch accounting.

Therefore, option B is correct.

Dixie Chicken is about to close one of its fast food franchises. As part of the closing, the firm will sell a refrigeration unit and its cooking units. The book value of the refrigeration unit is currently $18,203.00, while the book value of the cooking unit is $3,713.00. A buyer has offered $12,454.00 for the refrigerator and $6,116.00 for the cooking unit. The tax rate facing the firm is 35.00%. What is the cash flow from selling these assets

Answers

Answer:

$19741.10

Explanation:

Cash flow from the sale = salvage value - tax(salvage value - book value)

Salvage value is the price at which the asset is sold

The refrigerator : $12,454.00 -0.35($12,454.00 - $18,203.00) = $14,466.15

$6,116.00 - 0.35($6,116.00 -  $3,713.00) = $5274.95

Total cash flow = $5274.95 + $14,466.15 = $19741.10

EllaJane Corporation was organized several years ago and was authorized to issue 4,000,000 shares of $50 par value 4% preferred stock. It is also authorized to issue 1,750,000 shares of $1 par value common stock. In its fifth year, the corporation has the following transactions: Mar. 1 Purchased 2,500 shares of its own common stock at $14 per share.
Apr. 10 Reissued 1,250 shares of its common stock held in the treasury for $18 per share.
Jun. 12 Reissued 1,250 shares of common stock at $12 per share.
Journalize the transactions.

Answers

Answer:

          Ellajane Corporation - Journal Entries

Date       Particulars                       Debit         Credit

1-Mar      Treasury Stock              $35,000

                     To Cash                                       $35,000

               (Being 2500 shares of treasury stock purchased at $14 per share)

10-Apr       Cash A/c (1250*$18)    $22,500

                        To Treasury Stock (1250*14)      $17,500

                        To Additional Paid in Capital     $5,000

                 (Being 1250 shares of treasury stock sold at $18 per share)

12-Jun       Cash A/c (1250*12)                      $15,000

                  Additional Paid in Capital A/c   $2,500

                          To Treasury Stock (1250*14)                 $17,500

                   (Being 1250 shares of treasury stock sold at $12 per share)

Suppose Dina gets a sales bonus at her place of work that gives her an extra $800 of disposable income. She chooses to spend $600 and save the remaining $200. From this, you can tell that Dina's marginal propensity to consume (MPC) is , and her marginal propensity to save (MPS) is . Mathematically, it must always be true that: Disposable Income = Therefore, it must also be true that: 1 =

Answers

Answer:

MPC = 0.75

MPS = 0.25

Disposable income = amount spent on consumption + amount saved

Marginal Propensity to Consume + Marginal Propensity to Save = 1

Explanation:

Marginal propensity to consume is the proportion of disposable income that is spent on consumption

Marginal propensity to consume = amount consumed / disposable income

Marginal propensity to save is the proportion of disposable income that is saved

Marginal propensity to save = amount saved / disposable income

MPC + MPS = 1

Disposable income = amount spent on consumption + amount saved

MPC = 600 / 800 = 0.75

MPS = 200 / 800 = 0.25

The Gecko Company and the Gordon Company are two firms whose business risk is the same but that have different dividend policies. Gecko pays no dividend, whereas Gordon has an expected dividend yield of 6 percent. Suppose the capital gains tax rate is zero, whereas the income tax rate is 40 percent. Gecko has an expected earnings growth rate of 10 percent annually, and its stock price is expected to grow at this same rate.

Required:
If the aftertax expected returns on the two stocks are equal (because they are in the same risk class), what is the pretax required return on Gordon’s stock?

Answers

Answer:

12.4%

Explanation:

After-Tax Return = Capital Gains Growth Rate (g) + Dividend Yield*(1-Tax Rate)

Capital Gains Growth Rate (g) = After-Tax Return - Dividend Yield*(1-Tax Rate)

Capital Gains Growth Rate (g) = 10 - 6*(1-40%)

Capital Gains Growth Rate (g) = 6.4%

Pre-Tax Return = Capital Gains Growth Rate (g) + Dividend Yield

Pre-Tax Return = 6.4% + 6%

Pre-Tax Return = 12.4%

Hence, the pretax required return on Gordon’s stock is 12.4%

'Teaching profession is an important profession of nation' Justify this statement.​

Answers

Answer:

A teacher plays a role of a mentor as well as of a facilitator.

Explanation:

Teachers instill knowledge and skills in our youngsters of the nation. They are the nation builders. The state of teaching is stronger because teachers everywhere are leading from their classrooms and taking over new roles to enhance education for teenagers.

A teacher plays a role of a mentor as well as of a facilitator.

You are Heidi Ganahl, CEO and Founder of Camp Bow Wow, and you are intending to expand the brand to new global locations. If you are expanding into a country that values humane-oriented leadership, which of the following behaviors is most in line with that perspective?
a. You implement weekly team building session to create a collaborative work environment.
b. You involve all employees in all decisions, ensuring that everyone participates in the decision making process.
c. You articulate a dear vision for changing the organization so that it will focus on consistently delivering high levels of performance.
d. You provide compassionate support when an employee is having difficulty with family issues.

Answers

Answer:

a. You implement weekly team building session to create a collaborative work environment.

Explanation:

Humane-oriented leadership may be defined as that kind of leadership which reflects the supportive as well as considerate leadership. It also exhibits the qualities of generosity, compassionate and modesty towards the humane employees or the work force.

In the context, Camp Bow Wow is expanding its brand in a new country which values humane-oriented leadership qualities. So implementing a team building session every week in order to create a collaborative work environment reflects the qualities of humane-oriented leadership of the brand.

A. When You implement weekly team building sessions to make a collaborative work environment.

Humane-oriented leadership

Humane-oriented leadership is also defined as that sort of leadership that reflects the supportive further as considerate leadership. It also exhibits the qualities of generosity, compassion, and modesty towards the humane employees or the workforce.

In this context, When Camp Bow Wow is expanding its brand in a new country that is the values are human-oriented leadership qualities. So implementing a team-building session each week to form a collaborative work environment reflects the qualities of human-oriented leadership of the brand.

Thus, the Correct option is A

Find out more information about Humane-oriented leadership here:

https://brainly.com/question/14265438

Danner Company expects to have a cash balance of $52,965 on January 1, 2017. Relevant monthly budget data for the first 2 months of 2017 are as follows. Collections from customers: January $100,045, February $176,550. Payments for direct materials: January $58,850, February $88,275. Direct labor: January $35,310, February $52,965. Wages are paid in the month they are incurred. Manufacturing overhead: January $24,717, February $29,425. These costs include depreciation of $1,765 per month. All other overhead costs are paid as incurred. Selling and administrative expenses: January $17,655, February $23,540. These costs are exclusive of depreciation. They are paid as incurred. Sales of marketable securities in January are expected to realize $14,124 in cash. Danner Company has a line of credit at a local bank that enables it to borrow up to $29,425. The company wants to maintain a minimum monthly cash balance of $23,540.
Prepare a cash budget for January and February.

Answers

Answer:

Danner Company

Cash Budget for January and February

                                                       January       February

Beginning balance                        $52,965       $32,367

Collections from customers          100,045       176,550

Sales of marketable securities         14,124

Cash available                               $167,134    $208,917

Payments:

Direct materials                             $58,850     $88,275

Direct labor                                       35,310       52,965

Manufacturing overhead                22,952       27,660

Selling & administrative expenses  17,655       23,540

Total payments                            $134,767    $192,440

Cash balance                                $32,367      $16,477

Required minimum balance          23,540       23,540

Excess (Needed) Financing          $8,827       ($7,063)

Explanation:

a) Data and Calculations:

Expected January 1, 2017 Cash Balance = $52,965

                                                      January       February

Collections from customers        $100,045     $176,550

Sales of marketable securities         14,124

Payments:

Direct materials                             $58,850      $88,275

Direct labor                                       35,310        52,965

Manufacturing overhead                22,952        27,660

Selling & administrative expenses  17,655        23,540

Line of credit limit = $29,425

Required minimum cash balance = $23,540

Question 10 (5 points)
Company policy for internal control should include all of the following except for
which one?
Employees will be rotated.
Monthly bank statements should be sent to and reconciled by the same
employees who authorize payments and write checks.
At time of payment, all supporting invoices or documents will be stamped "paid."
The owner (or responsible employee) signs all checks after receiving
authorization to pay from the departments concerned.

Answers

Answer:

Monthly bank statements should be sent to and reconciled by the same employees who authorize payments and write checks

Explanation:

If Congress wanted to help the economy out of a recession, they would be most likely to: check all that apply Group of answer choices increase transfer payments increase interest rates decrease taxes reduce government spending

Answers

Answer:

increase transfer payments

decrease taxes

Explanation:

A recession is when the GDP  of a country for two consecutive quarters is negative

to help a country out of a recession, expansionary fiscal policies have to be undertaken

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.

increasing interest rate is a monetary policy

he controller of Wildhorse Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total Maintenance Costs Total Machine Hours January $2,925 3,880 February 3,324 4,432 March 3,989 6,648 April 4,986 8,753 May 3,546 5,540 June 5,420 8,870 (a1) Determine the variable-cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per machine hour $

Answers

Answer:

Variable cost per unit= $0.5

Explanation:

To calculate the variable and fixed costs under the high-low method, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (5,420 - 2,925) / (8,870 - 3,880)

Variable cost per unit= $0.5

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 5,420 - (0.5*8,870)

Fixed costs= $985

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 2,925 - (0.5*3,880)

Fixed costs= $985

The statement of cash flows (as well as the balance sheet) includes within cash the notion of cash equivalents. The FASB Accounting Standards Codification represents the single source of authoritative U.S. generally accepted accounting principles. Required: 1. Obtain the relevant authoritative literature on cash equivalents using the FASB Accounting Standards Codification at the FASB website (www.fasb.org). What is the specific seven-digit Codification citation (XXX-XX-XX) that describes the guidelines for determining what items should be deemed cash equivalents

Answers

Answer: FASB ACS 305-10-20

Explanation:

The FASB Accounting Standards Codification simply refers to the source with regards to accounting principles that are generally accepted.

It should be noted that the specific seven-digit Codification citation that describes the guidelines for determining the items that should be deemed cash equivalents is FASB ACS 305-10-20. The main guideline contained here is that cash equivalents can be changes easily to cash.

Forever Ready Company expects to operate at 85% of productive capacity during May. The total manufacturing costs for May for the production of 34,000 batteries are budgeted as follows:
Direct materials $330,600
Direct labor 121,600
Variable factory overhead 34,000
Fixed factory overhead 68,000
Total manufacturing costs $554,200
The company has an opportunity to submit a bid for 3,000 batteries to be delivered by May 31 to a government agency. If the contract is obtained, it is anticipated that the additional activity will not interfere with normal production during May or increase the selling or administrative expenses.
What is the unit cost below which Forever Ready Company should not go in bidding on the government contract? Round your answer to two decimal places.

Answers

Answer:

$14.3

Explanation:

Calculation to determine the unit cost which Forever Ready Company should not go in bidding on the government contract.

Direct materials $9.72

($330,600/34,000)

Direct labor $3.58

($121,600/34,000)

Variable factory overhead $1

($34,000/34,000)

Total per unit cost $14.3

($9.72 + $3.58 + $1)

Therefore, the unit cost which Forever Ready Company should not go in bidding on the government contracts is $14.3

Write a paragraph about Bad customer service

Answers

at every store or restaurant you expect to get good customer service, but at many places you get bad customer service. you would expect that if people are choosing to work witj people for their job, they would enjoy what they do. but sometimes that is just not the case.

Answer:

Bad customer service can be defined as when a business fails to meet the customer expectations in terms of service quality, response time, or overall customer experience. ... According to NewVoiceMedia, an estimated $62 billion is lost by U.S. businesses each year following negative customer experiences.Poor customer service can cause employees of a business to feel insecure and unhappy at work. Nobody likes being subject to anger from unpleased customers and without sufficient strategies in place to deal with these complaints, employees are far more likely to feel dissatisfied with their job

Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities:

Net income $5,135
Purchase of property, plant, and equipment 1,071
Borrowings under line of credit (bank) 1,117
Proceeds from issuance of stock 11
Cash received from customers 37,164
Payments to reduce long-term debt 46
Sale of marketable securities 219
Proceeds from sale of property and equipment 6,894
Dividends paid 277
Interest paid 90
Purchase of treasury stock (stock repurchase) 2,583

Required:
Based on this information, present the cash flows from investing and financing activities sections of the cash flow statement. (List cash outflows as negative amounts.)

Answers

Answer:

Cash flows from investing activities

Purchase of property, plant, and equipment       (1,071)

Sale of marketable securities                                   219

Proceeds from sale of property and equipment 6,894

Net Cash from investing activities                       6,042

Cash flows from financing activities

Borrowings under line of credit (bank)                   1,117

Proceeds from issuance of stock                               11

Payments to reduce long-term debt                       (46)

Dividends paid                                                        (277)

Purchase of treasury stock (stock repurchase) (2,583)

Net Cash used by financing activities

Explanation:

The cash flows from investing and financing activities sections of the cash flow statement are presented as above.

Trends such as more frequent shipments, lighter-weight shipments, and higher-value shipments:_________

a. help standardize rates on air and ocean shipments for incoming and outgoing freight
b. make ocean freight more effective than it has been in the past
c. increase the growth of airfreight traffic
d. have decreased the cost of containerization

Answers

Answer:

B

Explanation:

B is the answer I am not 100 percent sure

Match the title of the employment-related law to its description. Each label is used only once.

a. This law protects the workers from physical dangers while performing their jobs.
b. This law states that pensions need to be funded properly and directs that employees be kept informed about their pensions.
c. This law placed limits on child labor and set a minimum wage in the United States.
d. This law gives workers the right to take up to 12 weeks of unpaid leave per year for family reasons.

1. Pension Protection Act of 2006
2. Family and Medical Leave Act of 1993
3. Occupational Health and Safety Act of 1970
4. Fair Labor Standards Act of 1938

Answers

Answer:

a. This law protects the workers from physical dangers while performing their jobs. = Occupational Health and Safety Act of 1970

b. This law states that pensions need to be funded properly and directs that employees be kept informed about their pensions. = Pension Protection Act of 2006.

c. This law placed limits on child labor and set a minimum wage in the United States. = Fair Labor Standards Act of 1938.

d. This law gives workers the right to take up to 12 weeks of unpaid leave per year for family reasons. = Family and Medical Leave Act of 1993.

17. Andy Store sold merchandise in the amount of $5,800 to a customer on October 1, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Andy uses the perpetual inventory system. The journal entries that Andy will make on October 1 will include: A) Debit to Accounts Receivable for $4,000 B) Credit to Merchandise Inventory for $5,800 C) Debit to Cost of Goods Sold for $5,800 D) Credit to Merchandise Inventory for $4,000 E) Credit to Net Income for $1,800

Answers

Answer:

D) Credit to Merchandise Inventory for $4,000

Explanation:

Date  Account and Explanation Debit ($)  Credit ($)

         Account Receivable              5,800  

                 Sale                                          5,800

        (Recorded the sale on credit)

           Cost of goods sold            4,000

                  Merchandise Inventory                4,000

           (Recorded the cost of goods sold)


7.) Geometry: Which set of ordered pairs can be connected in order to
form a right triangle?*
A. (-1,3), (-1,-1), (2, -1)
B. (-4, 0), (0, 1), (1,2)
O C. (2, 2), (2, -2), (-2,-2), (-2, 2)
D. (0,5), (-3, 3), (3,-3)
What’s the answer

Answers

Answer:

C. (2,2), (2,-2), (-2,-2), (-2,2)

sorry if it's wrong

brainiest please

Suppose that the residents of Colgateville play golf incessantly. In fact, golf is the only thing they spend their money on. They buy golf balls, clubs, and tees. In 2019, they bought 1,000 golf balls for $2.00 each, 100 clubs for $50.00 each, and 500 tees for $0.10 each. In 2020, they bought 1,000 golf balls for $2.50 each, 100 clubs for $75.00 each, and 500 tees for $0.12 each. Using 2010 as the base year, answer the following questions.

a. What was the CPI for 2019?
b. What was the CPI for 2020?
c. What was the inflation rate in 2020?

Answers

Answer:

a. The CPI for 2019 is 100 because 2019 is the base year

b. CPI = Cost of basket of goods at current year prices/Cost of basket of goods at base year prices * 100

CPI = (1,000*$2.50) + (100*$75) + (500*$0.12) / (1,000$2.50) + (100*$50) + (500*$0.10) * 100

CPI = 10,060/7,550 * 100

CPI = 133.2450331125828

CPI = 133.25

c. Inflation rate = CPI in the current rate - CPI in previous year / CPI in previous year * 100

Inflation rate = 133.25 - 100/133.25 * 100

Inflation rate = 0.24953096 * 100

Inflation rate = 24.95%

In divisional income statements prepared for Lemons Company, the Payroll Department costs are allocated to user divisions on the basis of the number of payroll distributions, and the Purchasing Department costs are allocated on the basis of the number of purchase requisitions. The Payroll Department had costs of $62,928, and the Purchasing Department had expenses of $29,480 The following annual data for Residential, Commercial, and Government Contract divisions were obtained from corporate records:

Residential Commercial Government Contract
Sales $2,000,000 $3,250,000 $2,900,000

Weekly payroll (52 weeks per year) 400 250 150
Monthly payroll 80 30 10
Number of purchase requisitions per year 7,500 3,000 2,000

Required:
a. Determine the total amount of payroll checks and purchase requisitions processed per year by the company and each division.
b. Using the activity base information in (a), determine the annual amount of payroll and purchasing costs charged back to the Residential, Commercial, and Government Contract divisions from payroll and purchasing services.
c. Residential's service department charge is _______ than the other two divisions because Residential is a user of service department services. Residential has many employees on a weekly payroll, which translates into a ________ number of payroll transactions.

Answers

Answer:

Lemons Company

a. Total amount of payroll checks = 920

amount of purchase requisitions = 12,500

b-a                  Residential      Commercial     Government  Total

Payroll         $32,832               $19,152          $10,944        $62,928

b-b  Purchasing

 Costs        $17,688                 $4,717              $7,075      $29,480

c. Residential's service department charge is __higher__ than the other two divisions because Residential is a user of service department services. Residential has many employees on a weekly payroll, which translates into a __higher__ number of payroll transactions.

Explanation:

a) Data and Calculations:

Cost of the Payroll Department = $62,928

Cost of the Purchasing Department = $29,480

                               Residential      Commercial     Government  Total

                                                                                     Contract

Sales                      $2,000,000     $3,250,000      $2,900,000 $8,150,000

Weekly payroll

(52 weeks per year)      400                     250                     150            800

Monthly payroll                 80                       30                        10             120

Total                               480                      280                     160            920

Number of purchase

 requisitions per year 7,500                 3,000                 2,000        12,500

a. Total amount of payroll checks = 920 (800 + 120)

Total amount of purchase requisitions = 12,500

b-a                  Residential      Commercial     Government  Total

Payroll         $32,832               $19,152          $10,944        $62,928

         (480/920 * $62,928) (280/920 * $62,928)  (160/920 * $62,928)

b-b  Purchasing

 Costs        $17,688                 $4,717              $7,075      $29,480

      (7,500/12,500 * $29,480) (2,000/12,500 * $29,480) (3,000/12,500 * $29,480)

Total         $50,520              $23,869         $18,019       $92,408

Percentage 54.7%                  25.8%              19.5%         100%

Before negotiating a long-term construction contract, build- ing contractors must carefully estimate the total cost of completing the project. Benzion Barlev of New York University proposed a model for total cost of a long-term contract based on the normal distribution(Journal of Business Finance and Accounting, July 1995). For one particular construction contract, Barlev assumed total cost, x, to be normally distributed with mean $850,000 and standard deviation $170,000. The revenue, R, promised to the contractor is $1,00,000.

Required:
a. The contract will be profitable if revenue exceeds total cost. What is the probability that the co ntract will be profitable for the contractor?
b. What is the probability that the project will result in a loss for the contractor?
c. Suppose the contractor has the opportunity to renegotiate the contract. What value of R should the contractor strive for in order to have a .99 probability of making a profit?

Answers

Answer:

Benzion Barlev of New York University

NEGOTIATION OF A LONG-TERM CONSTRUCTION CONTRACT

a. The probability that the contract will be profitable for the contractor is:

= 81%

b. The probability that the project will result in a loss for the contractor is:

= 19%

c. The value of R that the contractor should strive for in order to have a .99 probability of making a profit is:

= $1,246,100.

Explanation:

a) Data and Calculations:

Mean total cost (x) = $850,000

Standard deviation = $170,000

Revenue = $1,000,000

Probability of being profitable = (R - x)/std deviation

= ($1,000,000 - $850,000)/$170,000

= $150,000/$170,000

= 0.882

From Z table, 0.882 = 0.81057 = 81%

Probability of loss = 19% (100 - 81%)

To have a 99% (0.99) probability of making a profit, Z value = 2.33 from the Z table:

(R - x)/std deviation = 2.33

(R - x) = 2.33 * $170,000

= $396,100

(R - $850,000) = $396,100

R = $396,100 + $850,000

R = $1,246,100

Solving for dominant strategies and the Nash equilibrium Suppose Lorenzo and Neha are playing a game in which both must simultaneously choose the action Left or Right. The payoff matrix that follows shows the payoff each person will earn as a function of both of their choices. For example, the lower-right cell shows that if Lorenzo chooses Right and Neha chooses Right, Lorenzo will receive a payoff of 6 and Neha will receive a payoff of 5
Neha
Left Right
Lorenzo Left 8,4 4,5
Right 5,4 6,5
1. The only dominant strategy in this game is for (Neha/Lorenzo) to choose (Right/Left)
2. The outcome reflecting the unique Nash equilibrium in this game is as follows: Lorenzo chooses (Right/Left) and Neha chooses (Right/Left) .

Answers

Answer:

1. The only dominant strategy in this game is for Neha to choose Right.

2. The outcome reflecting the unique Nash equilibrium in this game is as follows: Lorenzo chooses Right and Neha chooses Right.

Explanation:

A dominant strategy is a strategy that results in a player being better off no matter the choice his or her opponent in a game.

For this game, when Lorenzo plays Left, Neha will choose Right because 5 > 4. Also, when Lorenzo plays Right, Neha will still choose Right because 5 > 4. This shows that Neha will always play Right no matter what Lorenzo plays. This implies the dominant strategy for Neha is Right.

On the other hand, when Neha plays Left, Lorenzo will also play Left because 8 > 5. But when Neha plays Right, Lorenzo will choose will also play Right because 6 > 4. This shows that Lorenzo does not have any particular strategy that make him better off. Therefore, Lorenzo does not have a dominant strategy.

Therefore, we have:

1. The only dominant strategy in this game is for (Neha/Lorenzo) to choose (Right/Left)

Based on the analysis above, the only dominant strategy in this game is for Neha to choose Right.

This is because the dominant strategy for Neha is Right, but Lorenzo does not have a dominant strategy.

2. The outcome reflecting the unique Nash equilibrium in this game is as follows: Lorenzo chooses (Right/Left) and Neha chooses (Right/Left) .

Based on the analysis above, the outcome reflecting the unique Nash equilibrium in this game is as follows: Lorenzo chooses Right and Neha chooses Right.

The reason is that Neha will always play Right and Lorenzo will be better of by also playing Right because 6 > 4.

What is one specific requirement of a negotiable instrument?
O A. It must involve an exchange of goods.
B. It must provide for a fixed amount of money.
O C. It must be agreed to orally.
O D. It must involve two parties who are friends.

Answers

Answer:

B

Explanation:

can anyone share important questions on Managerial Information Systems??
i need it for preparing
for my exams​

Answers

Explanation:

(1) designing systems that are competitive and efficient; (2) understanding the system requirements of a global business environment; (3) creating an information architecture that supports the organization's goals; (4) determining the ...

Last year, Valley Manufacturing reported sales of $800,000, net operating income of $40,000, and average operating assets of $400,000. The company is considering the purchase of equipment that will reduce expenses by $20,000. The equipment will increase average operating assets by $100,000 and be purchased by issuing a notes payable. Sales will remain unchanged. If Valley accepts the project, its return on investment (ROI) after the purchase is projected to

Answers

Answer:increase, 10%, 12%

Explanation:

On January 3, 2020, Hanna Corporation signed a lease on a machine for its manufacturing operation and the lease commences on the same date. The lease requires Hanna to make six annual lease payments of $12,000 with the first payment due December 31,2020. Hanna could have financed the machine by borrowing the purchase price at an interest rate of 7%. a. Prepare the journal entries that Hanna Corporation would make on January 3 and December 31, 2020, to record this lease assuming. i. the lease is reported as an operating lease. ii. the lease is reported as a finance lease. b. Post the journal entries of part a to the appropriate T-accounts. c. Show how the entries posted in part b would affect the financial statements using the financial statement effects template.

Answers

Answer:

Hanna Corporation

a. Journal entries that Hanna Corporation would make on January 3 and December 31, 2020 to record this lease assuming:

i. the lease is reported as an operating lease:

January 3, 2020: No journal entry

December 31, 2020:

Debit Lease Expense $12,000

Credit Cash $12,000

To record the payment for the operating lease.

ii. the lease is reported as a finance lease:

January 3, 2020:

Debit Right to Use Asset $57,198.48

Credit Lease Liability $57,198.48

To recognize the right to the leased asset and establish the related liability.

December 31, 2020:

Debit Lease Liability $7,996,11

Debit Interest Expense $4,003.89

Credit Cash $12,000

To record the payment for the lease liability and interest expense.

b. T-accounts;

Operating lease:

Cash Account

Date                  Account Titles     Debit      Credit

Dec. 31, 2020   Lease Expense                $12,000

Lease Expense

Date                  Account Titles     Debit      Credit

Dec. 31, 2020   Cash                 $12,000

Finance Lease:

Right to Use Asset

Date                  Account Titles     Debit      Credit

Jan. 3, 2020     Lease Liability   $57,198.48

Lease Liability

Date                  Account Titles        Debit      Credit

Jan. 3, 2020     Right to Use Asset              $57,198.48

Dec. 31, 2020   Cash                   $7,996.11

Cash Account

Date                  Account Titles     Debit      Credit

Dec. 31, 2020   Lease Liability                $7,996.11

                         Interest Expense          $4,003.89

Interest Expense

Date                  Account Titles     Debit      Credit

Dec. 31, 2020   Cash            $4,003.89

c. Financial Statement Effects:

              Balance Sheet                Income Statement           Statement of

Assets  = Liabilities + Equity  Revenue-Expenses=Profit                                                                                            

a. Cash -$12,000

= Liabilities + Equity (Retained               -$12,000        Operating activity

   Earnings - $12,000)                                                    $12,000

b. Assets +$57,198.48

= Liabilities +$57,198.48

Cash -$12,000

= Liabilities -$7,996,11 + Equity        -$4,003.89               Operating activity

(Retained earnings -$4,003.89)                                        $4,003.89

Explanation:

a) Data and Calculations:

Lease for a manufacturing machine:

Annual lease payment = $12,000

Lease period = 6 years

Lease date = January 3, 2020

First payment date = December 31, 2020

Relevant interest rate = 7%

From an online financial calculator:

N (# of periods)  6

I/Y (Interest per year)  7

PMT (Periodic Payment)  12000

FV (Future Value)  0

Results

PV = $57,198.48

Sum of all periodic payments $72,000.00

Total Interest $14,801.52

Payment Schedule

Period      PV                   PMT           Interest          FV

1 $57,198.48 $12,000.00 $4,003.89 $49,202.37

2 $49,202.37 $12,000.00 $3,444.17 $40,646.54

3 $40,646.54 $12,000.00 $2,845.26 $31,491.79

4 $31,491.79 $12,000.00 $2,204.43 $21,696.22

5 $21,696.22 $12,000.00 $1,518.74         $11,214.95

6 $11,214.95 $12,000.00 $785.05         $0.00

Santa Corporation issued a bond on January 1 of this year with a face value of $1,000. The bond's coupon rate is 6 percent and interest is paid once a year on December 31. The bond matures in three years. The annual market rate of interest was 8 percent at the time the bond was sold. The following amortization schedule pertains to the bond issued: Cash Paid Interest Expense Amortization Balance January 1, Year 1 $948 December 31, Year 1 $60 $76 $16 964 December 31, Year 2 60 77 17 981 December 31, Year 3 60 79 19 1,000 Required: 1. What was the bond's issue price

Answers

Answer:

Total of amortisation for 3 years = 16+17+19 = 52

Bonds issue price = 1000 - 52 = $948

I hope this helps a little bit.

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