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Case study on business accounting

 Case study on business accounting

1. A company has Liabilities of $23,500 and Stockholders’ Equity of $56,500. How much does the company have in Assets

2. Beginning Retained Earnings are $65,000; sales are $29,500; expenses are $33,000; and dividends paid are $3,500. How much is the net income or loss for the company

3. The account “Salaries Expense” began with a zero balance and then had the following changes: increase of $450, decrease of $175, increase of $600, and an increase of $350. What is the final balance of the “Salaries Expense” account, and is it a debit or credit

4. A $375 purchase of supplies on account was recorded by debiting Supplies for $375 and crediting Cash for $375. What is the journal entry needed to correct this error

5. Allied, Inc. bought a two-year insurance policy on August 1 for $3,600. What is the adjusting journal entry on December 31 E x am i n a t i o n E x am i n a t i o n Financial Accounting

6. A company started the year with no supplies. During the year they bought $200 worth of supplies on account and later paid $150 of this debt. If there were $40 worth of supplies left at the end of the year, what is the supply expense for the period

7. ABC Corporation has received an invoice for $4,500 with terms of 3/15, n/50. If ABC pays the invoice on the seventeenth day, what is the effect on the Cash account and will the Cash account be debited or credited

8. Bond and Associates has the following account balances listed in alphabetical order: Accumulated Depreciation, $23,000; Accounts Payable, $8,500; Accounts Receivable, $12,000; Cash, $3,500; Equipment, $44,000; Land, $21,000; Mortgage Payable, $45,000; Prepaid Insurance, $7,500; Supplies, $2,000; Unearned Revenue, $6,000; Wages Payable, $4,500. How much are Bond and Associates’ current liabilities

9. Olympic Enterprises has the following inventory data: Assuming average cost, what is the cost of goods sold for the June 14 sale

10. A company has $4,500 in net sales, $3,200 in gross profit, $1,300 in ending inventory, and $1,800 in beginning inventory. What is the company’s cost of goods sold

11. Goods available for sale are $40,000; beginning inventory is $16,000; ending inventory is $20,000; and the cost of goods sold is $50,000. What is the inventory turnover

12.

14. A company has $235,000 in credit sales. The company uses the allowance method to account for uncollectible accounts. The Allowance for Doubtful Accounts now has a $7,250 credit balance. If the company estimates 7% of credit sales will be uncollectible, what is the amount of the journal entry to record estimated uncollectible accounts

15. Bestway, Inc. had credit sales of $142,000 for the period. The balance in Allowance for Doubtful Accounts is a debit of $643.

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Medical Tourism

 Medical Tourism

Medical Tourism has become a growing industry, especially in developing countries. Research the topic of medical tourism and reflect on the ethics related to this industry. Develop a code of conduct for medical tourism.

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The major strengths and weaknesses of the forecasting models

The major strengths and weaknesses of the forecasting models

Compare the major strengths and weaknesses of the forecasting models presented in Chapter 6. • Outline the primary conditions in which regression is a useful and applicable forecasting tool. Provide one (1) example of such a condition to support your answer.

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Ben Gibson, the purchasing manager at Coastal Products

Ben Gibson, the purchasing manager at Coastal Products

Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner.  He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations.It seems to me he must be making too much money off of us!” Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a man of action.

There was no way he was going to allow that salesman to keep taking advantage of Southeastern. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business Jeff replied he had several companies in mind to include in the bidding process.

These companies would surely come in at a lower price, partly because they use lower-grade boxes that would probably work well enough in Southeastern’s process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, since he considered corrugated boxes to be a standard industry item. 1. Is Ben Gibson acting legally Is he acting ethically Why or why not

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currently used methods in recruitment and selection

 currently used methods in recruitment and selection

You will also need to make sure that the compensation and benefit packages are aligned with the company’s culture. At this point, you are realizing that you need immediate assistance, so you must start staffing your HR department.

Write a five to six (5-6) page paper in which you:

1. Choose three (3)

2. Write a job description for one (1) of the HR functions you selected.

 

4. Develop a compensation and benefit package for the new HR Staff. Explain how this package will provide a high return on investment to the company.

 

6. Format your assignment according to these formatting requirements:

references must follow APA or school-specific format. Check with your professor for any additional instructions. The cover page and the reference page are not included in the required page length. Cite the resources you have used to complete the assignment. Note: You must have a minimum of three (3) resources for this assignment. The specific course learning outcomes associated with this assignment are:

Determine the human resource management function of human resource planning and its importance to business strategy. Develop work designs that support the human resources strategy. Examine the human resource management function of recruiting and selecting, and its importance to business strategy. Establish the importance of compensation and benefits, and how they support business strategy. Use technology and information resources to research issues in human resource management. Write clearly and concisely about human resource management using proper writing mechanics.

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A construction company is bidding on a project comprising five high-rise buildings to be erected one after the other

A construction company is bidding on a project comprising five high-rise buildings to be erected one after the other

A construction company is bidding on a project comprising five high-rise buildings to be erected one after the other. The company considers the use of advanced, hydraulically operated tunnel forming systems to be purchased and used 60 times on each building over a l-yr period of time. The tunnel forms cost $28/sf. No salvage value is expected at the end of the 5-yr project. As the two last buildings to be constructed slightly differ in their design, the forms will have to be modified at the Cl)st of $5/sf. Periodical maintenance is expected every 120 uses at a cost of 5% of the purchase cost. Consider an annual interest rate of 4%. What is the expected average material cost per sffor each use

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The quality system of a service organisation and a manufacturing facility

  The quality system of a service organisation and a manufacturing facility

Task:

Compare and contrast the quality system of a service organisation and a manufacturing facility. Illustrate your discussion with a graphic organiser.

Suggest ways to enhance the operations management of the organisations analysed.

Guidelines:

Not more than fifteen pages, excluding graphic, tables, appendices

Time New Roman 12, 1.5 spacing

At least two (2) academics references

APA referencing format

At least one (1) graphic organiser

Appendice to be attached at the end of the report

Assessment criteria:

Marks allocated

  1. Background of the organisations 5
  2. Quality systems of the service organisation 5
  3. Quality system of the manufacturing facility 5
  4. Graphic organisers 5
  5. Compare and contrast the quality systems 10
  6. Suggestion to enhance the operation management 10
  7. Conclusion 5
  8. Quality of writing, Referencing, Layout and Format, Language mastery. 5

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Strategic Plan On Apple INC. 2017

Strategic Plan On Apple INC. 2017

Create the Final Strategic Plan. The Final Strategic Plan contains the elements of all the previous weeks’ components and incorporates instructor feedback. The strategic recommendations will be evaluated and the best options chosen for recommendation. The final strategic plan contains:

  • Table of Contents
  • Executive Summary (350 to 700 words)
  • Company Background
  • Mission Statement
  • Vision Statement
  • Value Statement
  • Environmental Scan
  • Internal and External Environmental Analysis
  • Strategic Recommendation
  • Implementation Plan
  • Organizational Change Management Strategies
  • Risk Management Plan
  • Conclusion
  • References

Create a 25- to 35-slide Microsoft® PowerPoint® presentation with speaker notes to present the strategic plan, The objective is to sell the strategic plan to investors or company directors. 

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Case study on literature review

 Case study on literature review

Individual Assignment Each student will write a literature review of NOT more than 2000 words. The review should demonstrate that the student has thoroughly researched their topic. Students should use examples of business practice from the scholarly journals papers, conferences, books and professional magazines to support their arguments. The literature review would be on an organisation (company) that is using accounting software packages in Australia. The research would cover:

PART 1

  1. The current organizational structure
  2. What operational problems (e.g., inefficiency, errors) do you think the organisation could experience because of this structure
  3. What is the most likely system acquisition method— commercial software, custom software, or ERP
  4. Describes and prepare a system flowchart of the sales procedures for the chosen organisation (company),
  5. Identify any control problems in the system and what sorts of fraud are possible in this system

PART 2

  1. Development and adoption of the accounting software packages,
  2. The current market size

, 3. Identify the leaders in the market and what gives them the competitive advantage

, 4. Identify the current gaps or challenges encountered by users or customers of accounting software/packages andmake relevant suggestions or recommendations.

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Grappling with a problem that needs further research

  Grappling with a problem that needs further research

You are the research manager within your organization, and you are grappling with a problem that needs further research. Your immediate supervisor is interested in using experimentation and observation research techniques in researching this problem and requests that you prepare a presentation to educate him on these methods.

Compile a PowerPoint with your analysis of experimentation and observation as they apply to your company and/or discipline. In your PowerPoint, be sure to address the following questions/topics: 1. Describe specific experimentation and observational methods that could be used within your discipline to gather data. Include your rationale. 2. Evaluate their effectiveness with respect to certain areas within your discipline.

3. Include company or organizational examples, as relevant. 4. In your opinion, are there any ethical implications with the use of experimentation and observational methods within your discipline Your-presentation-must be at least 12 slides in length (including a title slide and a reference slide).In the speaker notes, you will provide what you would say if you were actually giving the presentation to your supervisor. Please-write-your notes in complete sentences and adhere to typical grammar and punctuation rules. paraphrased and quoted material must have accompanying citations. Be sure to use APA—style for citations and references.

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