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Matthews Delivery Service Inc completed the following transactions Answer

Matthews Delivery Service Inc completed the following transactions Answer


Matthews Delivery Service, Inc., completed the following transactions during its first month of operations for January 2012:
a. Matthews Delivery Service, Inc., began operations by receiving $6,000 cash and a truck valued at $11,000. The business issued common stock to aquire these assets.
b. Paid $300 cash for supplies.
c. Prepaid insurance, $700.
d. Performed delivery services for a customer and received $800 cash.
e. Completed a large delivery job, billed the customer $1,500, and received a promise to collect the $1,500 within one week.
f. Paid employee salary, $700.
g. Received $12,000 cash for performing delivery services.
h. Collected $600 in advance for delivery service to be performed later.
i. Collected $1,500 cash from a customer on account.
j. Purchased fuel for the truck, paying $200 with a company credit card. (Credit Accounts payable)
k. Performed delivery services on account, $900.
l. Paid office rent, $600. This rent is not paid in advance.
m. Paid $200 on account.
n. Paid cash dividends of $2,100.
Requirements
1. Record each transaction in the journal. Key each transaction by its letter. Explanations are not required.
2. Post the transactions that you recorded in Requirement 1 in the T-accounts.
Cash
Accounts receivable
Supplies
Prepaid insurance
Delivery truck
Accumulated depreciation
Accounts payable
Salary payable
Unearned service revenue
Common stock
Retained earnings
Dividends
Income summary
Service revenue
Salary expense
Depreciation expense
Insurance expense
Fuel expense
Rent expense
Supplies expense
3. Enter the trial balance in the worksheet for the month ended January 31, 2012.
Complete the worksheet using the adjustment data given at January 31.
a. Accrued salary expense, $700.
b. Depreciation expense, $60.
c. Prepaid insurance expired, $250.
d. Supplies on hand, $200.
e. Unearned service revenue earned during January, $500.
4. Prepare Matthews Delivery Service’s income statement and statement of retained earnings for the month ended January 31, 2012, and the classified balance sheet on that date. On the income statement, list expenses in decreasing order by amount—that is, the largest expense first, the smallest expense last.
5. Journalize and post the adjusting entries beginning with a.
6. Journalize and post the closing entries.
7. Prepare a post-closing trial balance at January 31, 2012.

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HRM 587 Managing Organizational Change Week 6 Types of Communication Methods Discussion Question 2 Answer

HRM 587 Managing Organizational Change Week 6 Types of Communication Methods Discussion Question 2 Answer


Week 6: Communicating the change – Discussion
Types of Communication Methods (graded)
Throughout the term, you have been researching two companies and the change plans each underwent. This week, you will be working on the communication plan which you feel one of the companies most likely used (or you will create one you would have recommended it use). This plan will include types/methods of communication, a timeline for that communication, etc. (See the project for more details.) This week, we want to work together and look at types of communication. Also, you will be given an opportunity to share a draft of the “sample” communication you are going to provide for your project, and receive feedback from your classmates.
First, let’s talk about the different types of communication methods and when each may be used and why. Take a look at the examples of types of communication methods listed (in this week’s lecture). Pick ONE of the types, and describe that type of communication, explain who would use it, provide a potential audience for that particular type of communication and the pros/cons of using that particular type of communication. Or respond to a colleague who has already posted.

How do you all deal with email overload? How many emails do you send/receive in an average work day?

Class: One of the communication skills that we will be exploring this week is the art of listening. This is an often-looked management skill, but it is imperative to effective conversation for change agents. Leadership is a dialogue, not a monologue. With that in mind, please review a PowerPoint presentation that I have uploaded to doc sharing. This is a presentation that I developed for a corporate training session that I have delivered at several Fortune 500 companies. The title of the presentation is “Proactive Listening.” Please review the slides, and comment on how this might apply to the two companies that you have been analyzing during this course. In particular, you might pay attention to the Ten Rules for Good Listening and the Key Action Steps.

Class: Here is a question with regard to passing information along to all employees. Are there times when the leadership should hold back some information because it can be too threatening? We are hearing a lot lately about the issue of “transparency.” Why do you think that organizations (and leaders) sometimes find it hard to be up front and honest? Is it intentional deception? Or are there valid organizational reasons that make it difficult to have full disclosure? What are the pros and cons of transparency?


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MGMT404 Week4 Review Questions Answer

MGMT404 Week4 Review Questions Answer

The Basics” Please respond to the following:
•Analyze the relationship between the production possibilities curve and the circular flow diagram. Discuss how the change of production possibilities curve affects the circular flow diagram. Provide an example to support your response.

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ECON-545-16781 Business Economics Course Week 6 quiz A+ Perfect Answers Set 2

ECON-545-16781 Business Economics Course Week 6 quiz A+ Perfect Answers Set 2


1. (TCO F) The size of the labor force in a community is 1,000, and 850 of these folks are gainfully employed. In this community, 50 people over the age of 16 do not have a job and are not looking for work. In addition, 80 people in the community are under the age of 16. The unemployment rate is ______. (Points : 15)

2. TCO F) Suppose nominal GDP in 2005 was $11 trillion, and in 2006 it was $14 trillion. The general price index in 2005 was 100, and in 2006 it was 102. Between 2005 and 2006, real GDP rose by what percent? (Points : 20)

3. (TCO F) The consumer price index was 190.7 in January of 2005, and it was 198.3 in January of 2006. Therefore, the rate of inflation in 2005 was about ______. (Points : 15)

4. (TCO E) (10 points) As the Euro appreciates in value relative to the U.S. dollar, what happens to the price of U.S. goods in Europe? What happens to the price of European goods in the U.S.?
(10 points) Why would a country (for example, China) choose to keep their currency relatively pegged to the U.S. dollar? If the U.S. dollar were to appreciate considerably against most currencies, what would be the effect on Chinese exports to countries other than the United States? (Points : 20)

5. (TCO E) Suppose the Canadian dollar (C$) price of one British pound is C$2.12. A hotel room in London costs 120 pounds, while a similar hotel room in Toronto costs C$250. In which city is the hotel room cheaper, and by how much? (Points : 15)

6.(TCO E) Answer the next question on the basis of the following production possibilities data for Egypt and Greece:
Egypt production possibilities:
A B C D E
Shirts 0 3 6 9 12
Pants 48 36 24 12 0

Greece production possibilities:
A B C D E
Shirts 8 6 4 2 0
Pants 0 6 12 18 24
Refer to the above data. What would be feasible terms of trade between Egypt and Greece?

7. (TCO F) The Republic of Republic produces two goods/services, fish (F) and chips (C). In 2006, the 1000 units of F produced sold for $8 per unit and the 5000 units of C produced sold for $1 per unit. In 2007, the 1500 units of F produced sold for $10 per unit, and the 6,000 units of C produced sold for $2 per unit. Calculate Real GDP for 2007, assuming that 2006 is the base year. (Points : 15)

8. (TCO F) Country A produces two goods, elephants and saddles. In the year 2006, the 100 units of elephants produced sold for $2,500 per unit and the 30 units of saddles produced sold for $200 per unit. In 2007, the 120 units of elephants produced sold for $3,000 per unit, and the 50 units of saddles produced sold for $300 per unit. Real GDP for 2007, assuming that 2006 is the base year, is ______. (Points : 15)

9. (TCO E) A Honda Accord sells for $24,000 in the United States and for SF28,500 in Switzerland. Given an exchange rate of SF1.20 = $1, how do the car prices of both countries compare? (Points : 15)

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MGMT404 Week4 Review Questions Answer

MGMT404 Week4 Review Questions Answer


1)What are the three base calendars included in MS Project and what are the default values of each?
2) What is the difference between a base calendar and a resource calendar?
3) Why schedule one project meeting after completion of the last task, Test System?
4) Give an example of when you would assign a 24-hour calendar to a resource.
5) If you were doing a senior project, what would be the base calendar you would use for students

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PROJ 410 Contract and Procurement Final Term Exam All Questions answers Completely detailed out A+Answer

PROJ 410 Contract and Procurement Final Term Exam All Questions answers Completely detailed out A+Answer

1. (TCO 1 & 4) What would facilitate a business process outsourcing transition quickly and maintain some consistency in the organization? (Points : 5)

2. (TCO 4) Under this pricing contract, the buyer pays the seller’s actual costs and a fixed fee determined as a percentage of the estimated project costs. (Points : 5)

3. (TCO 7) Which step(s) should a buyer take to evaluate the seller’s proposal? (Points : 5)

4. (TCO 5) Negotiations in a BPO agreement are largely determined by which factor? (Points : 5)

5. (TCO 6) Employee morale and expectations, buyer’s precedent, service level desired by the buyer, and the efficient delivery of services by the seller are all _____. (Points : 5)

6. (TCO 3) Which is not a key component in the project procurement management process? (Points : 5)

7. (TCO 6) What are some steps to take when communicating with employees that outsourcing will take place in the company? (Points : 10)

8. (TCO 2 & 6) What typically gets outsourced and what would be the benefits to outsourcing the items listed? Please list and discuss six reasons. (Points : 10)

9. (TCO 9) What happens after a renegotiation? Why does this happen? (Points : 10)

10. (TCO 8 & 9) What is benchmarking? Give two examples with which you are familiar, and tell why benchmarking is useful in outsourcing. (Points : 10)

1. (TCO 8) What is a performance standard and how is this agreed upon? Recommend the components that would need to be included and why. (Points : 30)

2. (TCO 5) What laws should an organization consult before, during, and after a BPO? Describe two of the laws and how you would include this in a presentation to executives. (Points : 30)

3. (TCO 5 & 7) List and describe five components of a BPO. Then summarize why each of the items that you chose are important to the BPO process. (Points : 30)

4. (TCO 2 & 5) Describe in detail how the negotiation process works when this process is done correctly. Then convince the executive team that the legal team has to be represented in the negotiation process. (Points : 30)

5. (TCO 8 & 10) What is early termination? Give an example and then discuss how can this be avoided or minimized. Persuade the legal team that the verbiage to accomplish this needs to be included in the BPO agreement. (Points : 30)

6. (TCO 5 & 6) What are some considerations when a company will be transferring employees to the outsourcer? Anticipate issues that will be brought up by the employees and the responses that the company will provide. (Points : 30)

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BUSN 460 Senior Project Week2 CANGO Discussion Question 1 and 2 Answer

BUSN 460 Senior Project Week2 CANGO Discussion Question 1 and 2 Answer

Nick has been handed a project where he has to implement Online Gaming, requiring significant technological integration. What factors does he need to consider and manage for the project to be a success? What factors does Nick need to consider and manage for the online gaming project to be a success?

What are the costs and benefits of the new systems that may be implemented at CanGo?
How do we justify their implementation at CanGo?

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Memory management Tech Assignment Answer

Memory management Tech Assignment Answer

Critical Review – please discuss Memory Management Techniques in Operating Systems. Describe the different types of Memory Management and advantages /disadvantages of each.

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FIN 515 Managerial Finance Course Week 8 FINAL EXAM Set 4 Complete Answer

FIN 515 Managerial Finance Course Week 8 FINAL EXAM Set 4 Complete Answer


Week 8 : Final Week – Final Exam

Time Remaining:

Page: 1 2

Final Exam Page 1

Question 1. 1. (TCO A) Which of the following statements is NOT correct? (Points : 5)

Question 2. 2. (TCO F) Which of the following statements is correct? (Points : 5)

Question 3. 3. (TCO D) The Ackert Company’s last dividend was $1.55. The dividend growth rate is expected to be constant at 1.5% for 2 years, after which dividends are expected to grow at a rate of 8.0% forever. The firm’s required return (rs) is 12.0%. What is the best estimate of the current stock price?

Question 4. 4. (TCO G) The Chadmark Corporation’s budgeted monthly sales are $3,000. In the first month, 40% of its customers pay and take the 2% discount.
The remaining 60% pay in the month following the sale and don’t receive a discount.
Chadmark’s bad debts are very small and are excluded from this analysis. Purchases for next month’s sales are constant each month at $1,500.
Other payments for wages, rent, and taxes are constant at $700 per month. Construct a single month’s cash budget with the information given.
What is the average cash gain or (loss) during a typical month for the Chadmark Corporation?
(Points : 20)

Question 5. 5. (TCO G) Clayton Industries is planning its operations for next year, and Ronnie Clayton, the CEO, wants you to forecast the firm’s additional funds needed (AFN). The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Dollars are in millions.
Last year’s sales = S0 $350 Last year’s accounts payable $40
Sales growth rate = g 30% Last year’s notes payable $50
Last year’s total assets = A0* $500 Last year’s accruals $30
Last year’s profit margin = PM 5% Target payout ratio 60%

a. $102.8
b. $108.2
c. $113.9
d. $119.9
e. $125.9 (Points : 30)

Question 1. 1. (TCO H) Your consulting firm was recently hired to improve the performance of Shin-Soenen Inc, which is highly profitable but has been experiencing cash shortages due to its high growth rate. As one part of your analysis, you want to determine the firm’s cash conversion cycle. Using the following information and a 365-day year, what is the firm’s present cash conversion cycle?
Average inventory =
Annual sales =
Annual cost of goods sold =
Average accounts receivable =
Average accounts payable = $75,000
$600,000
$360,000
$160,000
$25,000

a. 120.6 days
b. 126.9 days
c. 133.6 days
d. 140.6 days
e. 148.0 days (Points : 30)

Question 2. 2. (TCO C) Bumpas Enterprises purchases $4,562,500 in goods per year from its sole supplier on terms of 2/15, net 50. If the firm chooses to pay on time but does not take the discount, what is the effective annual percentage cost of its nonfree trade credit? (Assume a 365-day year.)
a. 20.11%
b. 21.17%
c. 22.28%
d. 23.45%
e. 24.63%
(Points : 30)

Question 3. 3. (TCO E) Daves Inc. recently hired you as a consultant to estimate the company’s WACC. You have obtained the following information. (1) The firm’s noncallable bonds mature in 20 years, have an 8.00% annual coupon, a par value of $1,000, and a market price of $1,050.00. (2) The company’s tax rate is 40%. (3) The risk-free rate is 4.50%, the market risk premium is 5.50%, and the stock’s beta is 1.20. (4) The target capital structure consists of 35% debt and the balance is common equity. The firm uses the CAPM to estimate the cost of common stock, and it does not expect to issue any new shares. What is its WACC?
a. 7.16%
b. 7.54%
c. 7.93%
d. 8.35%
e. 8.79%
(Points : 30)

Question 4. 4. (TCO B) Leak Inc. forecasts the free cash flows (in millions) shown below. If the weighted average cost of capital is 11% and FCF is expected to grow at a rate of 5% after Year 2, what is the Year 0 value of operations, in millions? Assume that the ROIC is expected to remain constant in Year 2 and beyond (and do not make any half-year adjustments).
Year: 1 2
Free cash flow: -$50 $100
a. $1,456
b. $1,529
c. $1,606
d. $1,686
e. $1,770
(Points : 35)

Question 5. 5. (TCO G) Based on the corporate valuation model, Hunsader’s value of operations is $300 million. The balance sheet shows $20 million of short-term investments that are unrelated to operations, $50 million of accounts payable, $90 million of notes payable, $30 million of long-term debt, $40 million of preferred stock, and $100 million of common equity. The company has 10 million shares of stock outstanding. What is the best estimate of the stock’s price per share?
a. $13.72
b. $14.44
c. $15.20
d. $16.00
e. $16.80
(Points : 35)

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BUS 309 Business Ethics Week 3 Quiz 15 Questions answer

BUS 309 Business Ethics Week 3 Quiz 15 Questions answer

Any religion provides its believers with a:
The tendency to let the behavior of those around us dictate our response in emergencies is known as:
Who discussed whether a merchant should tell people more goods similar to his are on their way?
The Golden Rule represents:
The view that what is right is determined by what a culture says is right is:
Common law is:
“Business” and “businessperson” are:
Business ethics is the study of what constitutes good and bad human conduct in a:
Ethics does not investigate questions of:
Whether you should copy a pirated DVD on your office computer is a:
Ethics addresses the question of:
Rules of etiquette are generally:
Who did Martin Luther King Jr. address his “Letter from Birmingham Jail” to?
A group of persons working together for a common purpose is:
What term generally refers to any special code of social behavior?

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