GM4106 Midterm Take-Home Cases Read the case‚ Merrimack Tractors and Mowers‚ Inc: LIFO or FIFO? and prepare a brief memo and spreadsheet supplement for the following items: 1. Prepare an “as if” income statement for 2008 assuming (1) no change in accounting policy and (2) sales of 10‚000 mower units each quarter at a price of $2‚000 per unit with Selling‚ General and Administrative costs the same as they were in 2008. 2. How would this change if the unit sales pattern was 10‚000 units‚ 5
Premium Sales Income statement Consultative selling
Today is my birthday and I’m on holiday with my parents. We had been on the plane for three hours‚ then we had been on what seemed to be the longest journey ever‚ to the ski-resort in the French Alps. As I went downstairs to breakfast‚ I looked out of the windows and saw the mountains beaming at me. I felt the butterflies fluttering in my stomach. Mum and Dad were already eating breakfast‚ Mum had orange juice‚ apparently she’s on another diet. "Happy Birthday Anna" they cheered in unison. I had
Free Family Parent Mother
Unit 1Promote communication in Health‚ Social Care or Childrens and Young Peoples Settings Identify the different reasons people communicate To express needs; to share ideas and information; to reassure; to express feelings; to build relationships; socialise; to ask questions; to share experiences. People communicate in order to establish and maintain relationships with others‚ to give and receive information and instructions‚ to understand and be understood‚ to share opinions‚ knowledge‚ feelings
Premium Communication Nonverbal communication
Consider a health care organization that is unable to meet all of its relevant regulatory requirements. Answer the following questions about this organization * What short- and long-term actions should they use to come into regulatory compliance? For an organization‚ understanding the issues around regulatory compliance can be a difficult and frustrating attempt. A short-term action an organization has to use to come into regulatory compliance is identifying standards of care. An understanding
Premium Management Regulation Health care
Workshop 1 – Chapters 1-3 Exercise 2-2 (15 minutes) | | Product Cost | Period Cost | 1. | The cost of the memory chips used in a radar set | X | | 2. | Factory heating costs | X | | 3. | Factory equipment maintenance costs | X | | 4. | Training costs for new administrative employees | | X | 5. | The cost of the solder that is used in assembling the radar sets | X | | 6. | The travel costs of the company’s salespersons | | X | 7. | Wages and salaries
Premium Variable cost Costs
Starbucks : Defining the Manager’s Terrain Study Case 1. What management skills do you think would be most important for Howard Schultz to have? Why? What skills do you think would be most important for a Starbucks manager to have ? Conceptual Skill would be the most important skill for Howard Schultz to have and as we can see Schultz already had those skills. When he went to Italy and saw espresso bar it was his conceptual skills that led him to the idea of introducing coffee bars in America
Premium Starbucks Howard Schultz Coffee
Week 3 – Discussion 1 Many papers have been writing on the subject of exploitation of the poor by multinationals and there is no easy answer or solution to satisfy both sides; economists and ethicists are continuously debating on the back of the increasing expectations from the consumer population for firms‚ to behave socially and environmentally responsibly. The Economist Approach The world of business is no romance; it is a place populated with various stakeholders and the survival and long-term
Premium Business ethics Investment Ethics
Amazon.com‚ Inc. Case Study Chirag P. Gandhi Introduction During 1994‚ a man‚ Jeffrey Bezos‚ who after completing graduation from Princeton University was hired by D.E. Shaw‚ a Wall Street firm. During his occupancy there he was astonished to learn an interesting statistic on the Internet. Bezos had learned that the Internet was growing at the rate of over 2300%! Bezos was no fool; he quickly decided to venture out of D.E. Shaw to create a new company. Bezos made a list of items that he
Premium Amazon Web Services Amazon Elastic Compute Cloud
Debate of Selling Kidneys In discussions of organ and kidney transplants‚ one controversial issue has been whether selling them is ethical and should be legal. Over the recent years‚ the demand for kidney transplants has increased so much that it has become greater than the supply (Taylor 634). On the one hand‚ opponents argue that is unethical to sell people’s body parts. On the other hand‚ proponents contend that individuals are in charge of their own body. This has led to the recent debate
Premium Organ transplant Organ Kidney
CASE STUDY 1 Exploring Innovation in Action: The Changing Nature of the Music Industry Question 3. Can you map the different kinds of innovation in the case study? Which were incremental and which radical/discontinuous? Why? Give examples to support your answer. The first innovation that was mentioned in this case was that of an Incremental Innovation. An incremental innovation is a series of small improvements to an existing product or product line that usually helps maintain or improve
Premium Disruptive technology Innovation Royalties