Business and Management
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Defining Marketing Paper
$10.00MKT 421 Week 1 Individual Assignment Defining Marketing
Resource: University LibraryWrite a 700- to 1,050-word paper in which you define marketing.Include in your paper your personal definition of marketing and definitions from two different sources. Based on these definitions, explain the importance of marketing in organizational success.Provide at least three examples from the business world to support your explanation. Properly cite sources used in the paper.Format your paper consistent with APA guidelines.Marketing Plan Phase 3
$15.00MKT 421 Week 4 Team Assignment Marketing Plan Phase 3
Resources: University Library, Internet
Use the product or service you selected for your Marketing Plan: Phase I Paper.Write a 1,400- to 1,750-word paper to include the following information:• Describe the attributes of your product or service in detail.• Describe the pace at which your product will move through the product life cycle and the factors that will affect its movement. How will the product life cycle affect the marketing of your selected product or service?• Identify the positioning and differentiation strategies for the product or service.• Identify the appropriate price strategy that should be used for the product or service.Format your paper consistent with APA guidelines.Ratio Analysis Memo ACC/291
$10.00Ratio Analysis Memo ACC/291
Resources: Virtual Organizations
Click the Virtual Organization link to access the Virtual Organizations.
Select one of the Virtual Organizations as the basis for this assignment.
Obtain faculty approval of your selected organization before beginning the assignment.
Access the information contained in your selected organizations balance sheet and income statement to calculate the following:- Liquidity ratios
Current ratio
Acid-test or quick ratio
Receivables turnover
Inventory turnover
Profitability ratios
Asset turnover
Profit margin
Return on assets
Return on common stockholders equity
Solvency ratios
Debt to total assets
Times interest earned
Show your calculations for each ratio.
Create a horizontal and vertical analysis for the balance sheet and the income statement.
Write a 350- to 700-word memo to the CEO of your selected organization in which you discuss your findings from your ratio calculations and your horizontal and vertical analysis. In your memo address the following questions:
What do the liquidity profitability and solvency ratios reveal about the financial position of the company?
Which users may be interested in each type of ratio?
What does the collected data reveal about the performance and position of the company?
Format your memo consistent with APA guidelines.Stockholders’ Equity Lachlin Corporation
$10.00Stockholders’ Equity Lachlin Corporation
ACC 291 WEEK 4 Stockholders’ Equity Section of the Balance Sheet (Lachlin Corporation Balance Sheet)
Purpose of Assignment
The purpose of this assignment is to help you become familiar with examining the stockholders’ equity section of the balance sheet.
Assignment Steps
Resources: Financial Accounting: Tools for Business Decision Making
Answer the following questions in 1,050 words using the Lachlin Corporation Balance Sheet (partial) below:
· How many shares of common stock are outstanding?
· Assuming there is a stated value, what is the stated value of the common stock?
· What is the par value of the preferred stock?
· If the annual dividend on preferred stock is $36,000, what is the dividend rate on preferred stock?
· If dividends of $72,000 were in arrears on preferred stock, what would be the balance reported for retained earnings?
Costing Exercise 1 – Problem 4 Solutions
$20.00Exercise-1 (Unit product cost under variable and absorption costing)
Posted in: Variable and absorption costing exercises
Super Bike Manufacturing Company presents the following data for 2011:
Opening inventory 0 Units
Sales 8,000 Units
Production 10,000 Units
Closing inventory 2,000 Units
Direct materials $240
Direct labor $280
Variable manufacturing overhead expenses $100
Variable selling and administrative expenses $40
Fixed manufacturing overhead expenses $1200,000
Fixed selling and administrative expenses $800,000
Required: Compute the unit product cost of one bike under:
1. Absorption costing system.
2. Variable costing system.Exercise-2 (Variable costing income statement, Reconciliation of net operating income)
Posted in: Variable and absorption costing exercises
The following is the absorption costing income statement of a manufacturing company:
Sales (40,000 units @ $67.50) $2,700,000
Less cost of goods sold:
Opening inventory 0
Add cost of goods manufactured (50,000 ×
42) 2,100,000
———-
Available for use 2,100,000
Less closing inventory 420,000 1,680,000
———- ———-
Gross margin 1,020,000
Less selling and administrative expenses 840,000
———-
Net operating income 180,000
———-
Fixed selling and administrative expenses are $600,000. Variable selling and
administrative expenses are $6 per unit sold. The unit product cost under
absorption costing is computed as follows:
Direct materials $20
Direct labor 8
Variable manufacturing overhead 4
Fixed manufacturing overhead
($500,000/50,000) 10
——-
Total cost per unit $42
——-
Required:
1. Prepare a contribution margin income statement using variable costing system.
2. Reconcile any difference between net operating income figure under variable
costing income statement and net operating income figure under absorption
costing income statement.Exercise-3 (Unit product cost under variable costing, break-even point)
Posted in: Variable and absorption costing exercises
A company manufactures and sells large size tables to be used in the offices of the
executives. One table is sold for $400. The data for 2010 is as follows:
Manufacturing costs:
Direct materials per unit $120
Direct labor per unit $60
Variable manufacturing overhead per unit $20
Fixed manufacturing overhead per year $600,000
Non-manufacturing costs:
Variable selling administrative per unit $40
Fixed selling administrative $900,000
Inventory:
Opening 0
Production during 2010 10,000
———
Units available for sale 10,000
Sales 9,000
———
Closing inventory 1,000
———
Required:
1. Compute cost of one table under variable costing.
2. Prepare income statement if variable costing is used.
3. Compute breakeven point in units.
4. Calculate net operating income of the company under absorption costing by
preparing a reconciliation schedule.Exercise-4 (Variable and absorption costing ending inventory, external reports)
Posted in: Variable and absorption costing exercises
The production and sales data of Albari company for the year 2011 is as follows:
Variable costs per unit:
Direct materials $20
Direct labor $10
Variable manufacturing overhead $4
Variable selling and administrative
expenses
$8
Fixed costs per year:
Fixed manufacturing overhead $180,000
Fixed selling and administrative expenses $600,000
During 2011, Albari company manufactured 30,000 units out of which 25,000 units were
sold. At the end of 2011, the finished goods inventory account showed a balance of
$170,000.
Required:
1. What costing method is used by Albari to compute finished goods inventory?
2. Should company use $170,000 finished goods inventory figure for external
reports? if not what is correct amount in dollars that the company should use for
external reporting purpose?Exercise-5 (Variable and absorption costing income statement, reconciliation)
Posted in: Variable and absorption costing exercises
AGA company manufactures and sells a product for $20/Kg. The data for the last year is
given below:
Sales 75,000 Kg
Finished goods inventory at the beginning of the
period 12,000 Kg
Finished goods inventory at the closing of the period 17,000 Kg
Manufacturing costs:
Variable cost $8 per Kg
Fixed manufacturing overhead cost $320,000 per
year
Marketing and administrative expenses:
Variable expenses $2 per Kg of sale
Fixed expenses $300,000 per
year
Required:
1. Income statement using absorption and variable costing methods.
2. Explanation of the cause of difference in operating income under two concepts.Problem-1 (Variable costing income statement and reconciliation)
Posted in: Variable and absorption costing problems
Absorption costing income statement of a company for the first two years is as follows:
Year-1 Year-2
Sales 2,000,000 3,000,000
Less cost of goods sold:
Beginning inventory 0 340,000
Add cost of goods manufactured 1,700,000 1,700,000
————- ————-
Goods available for sale 1,700,000 2,040,000
Less ending inventory 340,000 0
————- ————-
Cost of goods sold 1,360,000 2,040,000
————- ————-
Gross margin 640,000 480,000
Less selling and administrative expenses* 620,000 680,000
————- ————-
Net operating income 20,000 280,000
————- ————-
*6 per unit variable; $500,000 fixed each year.
The manufacturing cost per unit is computed as follows:
Direct materials $16
Direct labor $20
Variable manufacturing overhead $4
Fixed manufacturing overhead $28
——
$68
——
Sales and production for two years:
Year-1 Year-2
Units produced 25,000 25,000
Units sold 20,000 30,000
Required:
1. Prepare a variable costing (contribution margin) income statement.
2. Reconcile net operating income figures.Problem-2 (Variable and absorption costing unit product costs and income statements)
Posted in: Variable and absorption costing problems
A company manufactures a unique device that is used to boost Wi-Fi signals. The
following data relates to the first month of operation:
Beginning inventory 0
Units produced 40,000
Units sold 35,000
Selling price per unit $120
Selling and administrative expenses:
Variable per unit $4
Fixed (total for the month) $1,120,000
Manufacturing costs:
Direct materials cost per unit $30
Direct labor cost per unit $14
Variable manufacturing overhead cost per unit $4
Fixed manufacturing overhead cost $1,280,000
Management is anxious to see the profitability of newly designed unique booster.
Required:
1. Calculate unit product cost and prepare income statement under variable costing
system and absorption costing system.
2. Prepare income statement under two costing system.
3. Prepare a schedule to reconcile the net operating income under variable and
absorption costing system.Problem-3 (Impact of change in production on variable and absorption costing)
Posted in: Variable and absorption costing problems
AJX company manufactures and sells a single product. Company sold the same number
of units this year as it did last year but generated different profit for two years. The
president asks for the explanation of difference in net operating income for two years.
The income statements of two years are as follows:
Year 1 Year 2
Sales (40,000 units) $2,500,000 $2,500,000
Less cost of goods sold $1,680,000 $1,440,000
————- ————-
Gross margin 820,000 1,060,000
Less selling and administrative expenses 700,000 700,000
————- ————-
Net operating income 120,000 360,000
————- ————-
Sales, production and production for two years are as follows:
Year 1 Year 2
Production in units 40,000 50,000
Sales in units 40,000 40,000
Variable production cost per unit $12 $12
Fixed manufacturing overhead cost $1,200,000 $1,200,000
Variable selling and administrative expenses of AJX are $4.00 per unit sold. A new
manufacturing overhead rate is computed each year.
Required:
1. Calculate unit product cost for both the years under absorption costing and direct
costing (variable costing).
2. Prepare a contribution margin format income statement for two years.
3. Reconcile the net operating income figures for each year under two costing
methods.
4. Explain how operations would have different in year 2 if the company had been
using just in time (JIT) manufacturing and inventory control methods.Problem-4 (Constant production and change in sales – variable and absorption costing)
Posted in: Variable and absorption costing problems
Fine Producers Inc. suffered a loss for the first month of operations. Following is the
income statement prepared by the accounting service providers of Fine Producers.
Sales $400,000
Less variable cost of goods sold $160,000
————
Gross contribution margin $240,000
Less variable selling and administrative expenses $60,000
————
Contribution margin $180,000
Less fixed expenses:
Fixed manufacturing overhead $150,000
Fixed selling and administrative expenses $40,000 $190,000
———— ————
Net operating loss $(10,000)
————
The loss created a serious problem because company was planning to use the statement to
encourage investors to purchase the stock of the company. Other relevant data is given
below:
Units produced during the first month of operation 50,000
Units sold during the first month of operation 40,000
Variable unit cost:
Direct materials $2.00
Direct labor 1.60
Variable manufacturing overhead expenses 0.40
Variable selling and administrative expenses 1.50
Required:
1. What costing method was used by the accounting service providers to prepare
income statement of Fine Producers Inc? Can an absorption costing income
statement show a profit rather than loss? Support your answer with computations.
2. Prepare company’s income statement using variable costing and absorption
costing for the second month if 60,000 units were sold in the second month and
there were no closing inventories.
3. Reconcile the second month’s net operating income under both the costing
approaches.DOC/731R Leadership Reflection Paper
$10.00DOC/731R Leadership Reflection Paper
This assignment requires personal reflection and reflexivity; it will demonstrate a scholarly opinion regarding leadership, and as such, it should be supported with appropriately cited research and clear connections to examples of your grounded thinking and experience. The use of first person in this paper is appropriate as you wish.
Review the Final Paper Scoring Guidelines
Write a 1500 – 2500-word paper integrating your learning from the DOC/731R leader, peer leader, and followership experiences. This paper may also include reflections on your critical journaling, teamwork, and daily rounds of peer and faculty feedback incorporate all these aspects into a comprehensive overview of your learning process in this course.
Synthesize your experience within the greater body of knowledge, answering questions such as:
- What were your underlying assumptions about your own leadership coming into the course?
- What are they now?
- How have you evolved your thinking, your self-awareness, your self- management, and your empathy?
- What are the implications of this evolution for the future?
- What cultural, ethnic, and socio-economic class assumptions may be in play within your leadership? What insights did you gain about your team in terms of its process?
- What insights have you gained about your enacted leadership?
- What insights have you gained about your enacted followership?
- Overall how have you increased your awareness and ability to enact praxis (SPL) as an organizational team leader?
Communicate, clearly, a detailed individual professional leadership development plan for the next year. For example, clarify your detailed plan for addressing the feedback from your peer evaluations, peer coaching inputs, faculty input, and contributions and questions from the entire class. Possible categories could include aspects of Emotional Intelligence such as, self-awareness, self-management, social awareness; relationship management.
Provide abundant specific evidence to demonstrate your ability to learn about your situated scholar-practitioner leadership through ongoing refinement of your questions and critical reflection-in-action (praxis).
This assignment requires personal reflection and reflexivity; it will demonstrate a scholarly opinion regarding leadership, and as such, it will be supported with appropriately cited research and clear connections to examples of your grounded thinking and experience during the course.
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
DOC 731R DAY 5 Lessons Learned Revised Leadership Statement
Securities Violations Case Study
$5.00Please underline or bold-type important terms, laws and phrases. The emphasis of this exam is the application of elements of each law. The student will be evaluated in terms of discussing the elements and applying the elements in reaching a conclusion. Each student must answer four (4) and D is mandatory.
D Securities Violations
Charles is the president of a non public corporation that plans on going public for the first time. Charles in collaboration with the accountants and auditors of the corporation prepares a “financial statement” to be used for the distribution of dividends. Charles knows that the issuance of dividends to the “private investors” will affect the “market value of the stock of the corporation” when the corporation goes public. However, the financial statement grossly inflates the value of the “assets of the corporation” and also, Charles has created sham corporations who placed orders with his corporation. As a result of the “cash flow” of the corporation is overstated and does not reflect accurately the earnings of the corporation. As a result, the board of directors issues the dividends.
Charles registers the information (including the financial statement) with the Security Exchange Commission for purposes of offering the stock of the company to the public for the first time. After the registration, and going through the “waiting period” the stock is offered to public. In reliance on information provided in the “registration”, the market value of the stock soars providing enormous capital to the corporation.
Is this a “security transaction”?
Is there a SEC 1933 violation?
Is there a SEC 1934 violation?
Is this a “proper distribution of dividends”?Purpose of auditing, other assurance services, and accounting
$12.00Purpose of Auditing, Other Assurance Services, and Accounting
Write a paper of no more than 700 words describing and stating the purpose of auditing, other assurance services, and accounting. State the relationships between the three and provide examples. Why are independent audit services important in today’s business world?
Format your paper consistent with APA guidelines.
How leaders lead and how they move people forward
$5.00Original Topic:
Topic: The foundation for the ethics and principles of an educational leader is his/her character. In Chapter 6, Blackaby & Blackaby contrast illegitimate and legitimate sources of influence. Do you agree with their conclusions? In Chapter 7, they discuss how leaders lead and how they move people forward. Reflect on and discuss your own impetus of leadership, whether you are leading as a classroom teacher or as an administrator. Why do people follow you? What are your perceived character strengths (that you want to share)? What are your perceived weaknesses (that you want to share)? What are the areas that are the most difficult to strengthen? What does a leader need to do to legitimately influence people to follow him/her?