Defend the process of developing a mission statement. Why do you feel that this process is necessary and complimentary to strategic management? Support your answer with at least two examples and detail where applicable.
Genetic Information Nondiscrimination Act of 2008
Genetic Information Nondiscrimination Act of 2008 In 2009, The EEOC implemented the Genetic Information Nondiscrimination Act of 2008 (GINA). What effects might GINA potentially have on workplace culture, on health insurance, and on the economy?
Individuals who own homes may take a tax
Individuals who own homes may take a tax deduction for interest paid. Many individuals believe that this tax law discriminates against individuals who rent. Do you think this deduction is discriminatory? Explain and share your thoughts. Additionally, gifts and inheritances have been excluded from gross income since 1913. Discuss the tax consequences of gifts made of property and any income produced by the property. What, if any, are the exclusions and taxable income according to Section 102.
The following transactions resulted for Pete's delivery Service
The following transactions resulted for Pete’s delivery Service during the month of March: A) Pete invested $40,000 in the business from his personal savings account B) Bought delivery trucks on account $25,000 C) Advertising bill received but unpaid $800 D) Bought office equipment for cash $2,500 E) Received cash for delivery services rendered $13,000 F) Paid salaries expense $1,850 G) Paid gas expense for company trucks $750 H) Billed customers fro delivery services rendered $5,500 I) Paid telephone bill $400 J) Received $1,600 as partial payment of transaction H K) Pete paid home telephone bill from company checkbook $88 the journal entries?
Management has formulated a company
Management has formulated a company one side strategic plan defining specific objectives for the new information systems being introduced. describe how you would develop the operational basis for meeting these strategic objectives. discuss both the means to maximaximize the potential of the new sytems and the means to minimize
Economy Laundry Company had the following transactions
Record transactions in journal, post to T-accounts, and prepare trial balance Economy Laundry Company had the following transactions in August 2012: Aug. 1 Issued capital stock for cash, $150,000. 3 Borrowed $40,000 from the bank on a note. 4 Purchased cleaning equipment for $25,000 cash. 6 Performed services for customers who promised to pay later, $16,000. 7 Paid this month’s rent on a building, $2,800. 10 Collections were made for the services performed on August 6, $3,200. 14 Supplies were purchased on account for use this month, $3,000. 17 A bill for $400 was received for utilities for this month. 25 Laundry services were performed for customers who paid immediately, $22,000. 31 Paid employee salaries, $6,000. 31 Paid cash dividend, $2,000. a. make journal entries for these transactions. b. Post the journal entries to T-accounts. Enter the account number in the Posting Reference column of the journal as you post each amount. Use the following account numbers: Acct. No.Account Title 100 Cash 103 Accounts Receivable 170 Equipment 200 Accounts Payable 201 Notes Payable 300 Capital Stock 320 Dividends 400 Service Revenue 507 Salaries Expense 511 Utilities Expense 515 Rent Expense 518 Supplies Expense c. make trial balance as of August 31, 2012.
contemporary Business: Oil spill issues; Moratorium on drilling
1. Discuss the ways that BP’s approach to teams may have contributed to the 2010 Deepwater Horizon oil spill (which resulted from an over-pressurized deepwater well head). 2. In June 2010, President Obama imposed a six month deep water drilling moratorium. If the US government prohibits deep water drilling off the US coast, discuss how the US oil companies can remain competitive in the US market when over 35% of crude oil is currently sourced from domestic deep water drilling.
Zoom Corporation manufactures and sells three
Zoom Corporation manufactures and sells three different types of binoculars. They are referred to as Good, Better, and Best binoculars. Grinding and polishing time is limited. More time is required to grind and polish the lenses used in the Better and Best binoculars. Additional information is provided below. Product Good Better Best Selling price $91.50 $319.50 $910.00 Variable costs and expenses 49.00 180.00 478.00 Contribution margin $42.50 $139.50 $432.00 Grinding and polishing time required 0.5 hrs 1.5 hrs 6 hrs Ignoring the time constraint, what strategy would appear to be optimal? The company should shift toward production of more units? What is the contribution margin per unit of limited resource for each type of binocular? Contribution margin per unit of limited resource GOOD $BETTER $BEST $ If additional grinding and polishing time could be obtained, how should the additional capacity be used? Additional capacity should be used to make binoculars
A definition of Business Law and why
A definition of Business Law and why one should study it. The difference between Business Law and Business Ethics. A list of topics covered with a brief description for each one. Remember this is a brochure so there will not be a ton of space. You want to hit the highlights from each week. A section on emerging trends related to business law. Key takeaways from this course. How will you use the information from this class?
Strand Corp has the following information
Strand Corp has the following information for their first month of their professional services business: Revenues $150,000, wage expense $70,000, rent expense $20,000, advertising expense $10,000, cash $15,000, accounts receivable $15,000, equipment $100,000, accounts payable $5,000, notes payable $45,000, common stock $30,000. Questions: 1) how much is Strand’s Net Income? 2) what is the balance of Strand’s total assets? 3) what is the balance of Strand’s total Liabilities? 4) Do Assets = Liabilities + Equity? (prove it with numbers)