Monthly Archives: July 2018

Alfredo Mix Directions For 2 servings: 1/3 cup milk, 3 tbsp. plus 1 tsp. butter, 1/3lb. fettuccine, ¼ cup Alfredo mix

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Alfredo Mix Directions

For 2 servings: 1/3 cup milk, 3 tbsp. plus 1 tsp. butter, 1/3lb. fettuccine, ¼ cup Alfredo mix

Optional: Substitute milk or chicken broth for half the butter.

Cook pasta according to directions. Mean while, melt butter in a sauce pan and add milk. Add Alfredo mix. Whisk briskly until combined. Stir and add to a sauce.

Which of the following is correct according to the directions?

a. One-third of pound of pasta is required.

b. The pasta is boiled in the sauce pan.

c. This recipe is for a family-sized meal.

d. Chicken broth can be substituted for the milk



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Write a 750- to 1,050-word paper that applies at least two interpersonal theories and one intrapersonal theory to your personal and/or professional life

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 Instructions: Write a 750- to 1,050-word paper that applies at least two interpersonal theories and one intrapersonal theory to your personal and/or professional life. For each theory you discuss, provide one example of how you have experienced the theory in your life. Be specific and provide examples, rather than providing generalities.
Consider these questions for each example:

What is the basis/definition of the theory you have experienced?
How did you experience this theory?
Was the communication experience effective?
Could it have been more effective?
In light of the theoretical elements of this theory, how might you communicate differently in the future?
Includeat least two in-text citations and a full reference for the course text, Introducing Communication Theory.

Format your assignment according to appropriate course-level APA guidelines.

Number of Pages: 2 Pages

Page Line Spacing: Double spaced (Default)

Academic Level: College

Paper Format: APA



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Select a publicly traded company to research and evaluate its Human Resource (HR) and business strategy,

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Select a publicly traded company to research and evaluate its Human Resource (HR) and business strategy, HR department job positions, and ways it markets its company regarding human capital. Some company Websites that provide this information are listed below:

Write a two to three (2-3) page paper in which you:

  1. Propose how you would ensure the HR strategy is in alignment with the business strategy.
  2. Describe the HR job positions and the responsibilities listed for that HR department.
  3. Determine which HR job positions you would prefer and explain why.
  4. Analyze how the selected company can establish HRM strategies to improve competitive advantages.
  5. Propose three (3) ways that the company can increase diversity.
  6. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

 



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Managerial Accounting: P7-19B James Channing is president of BeClean!

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Managerial Accounting
P7-19B Using Variable Costing to Make Business Decisions
James Channing is president of BeClean!, a new car washing service that makes house calls. James has decided that his goal for the coming year is to earn a profit of $80,000. BeClean! reported the following sales and cost information for the year just ended:
Sales revenue  120,000
Less all variable costs  40,000
Less all fixed costs  80,000
Net income  –

BeClean! performed 1,000 car washes during the year.

Required
a. How many car washes will BeClean! need to do in order to earn James’ target profit of $80,000?
b. If James thinks that that number of car washes is an unrealistically high goal, what else could he do to achieve his target profit?
c. James is considering raising the price of a car wash to $130. However, he anticipates that if he raises the price, demand will fall and he will perform 900 car washes. What will his net income be if this occurs? What do you think James should do?



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Managerial Accounting: E24-4 Thome Company uses a flexible budget for manufacturing overhead

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Managerial Accounting
E24-4  Prepare flexible budget reports for manufacturing overhead costs, and comment on findings
Thome Company uses a flexible budget for manufacturing overhead based on direct labor hours.  Variable manufacturing overhead costs per direct labor hour are as follows.
Indirect labor  $1.00
Indirect materials  $0.60
Utilities  $0.40

Fixed overhead costs per month are supervision $4,000, depreciation, $1,200, and property taxes $800.  The company believes it will normally operate in a range of 7,000 – 10,000 direct labor hours per month.

Using the information above, assume that in July 2014, Thome Company incurs the following manufacturing overhead costs.
Variable Costs Fixed Costs
Indirect labor  $8,800  Supervision  $4,000
Indirect materials  5,300  Depreciation  1,200
Utilities  3,200  Property taxes  800

Instructions
(a)  Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labor hours during the month.
(b)  Prepare a flexible budget performance report, assuming that the company worked 8,500 direct labor hours during the month.
(c )  Comment on your findings.



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Managerial Accounting: P10-2 Financial data for Joel de Paris, Inc.

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Managerial Accounting

P10-2A Return on Investment (ROI) and Residual Income
Financial data for Joel de Paris, Inc., for last year follow:
Joel de Paris, Inc.
Balance Sheet
Beginning Balance   Ending Balance
Assets
Cash  135,000   205,000
Accounts receivable  540,000   455,000
Inventory  360,000   310,000
Plant and equipment, net  585,000   610,000
Investment in Buisson, S.A.  270,000   245,000
Land (undeveloped)  190,000   180,000
Total assets  $2,080,000   $2,005,000

Liabilities and Stockholders’ Equity
Accounts payable  285,000   370,000
Long-term debt  1,700,000   1,600,000
Stockholders’ equity  95,000   35,000
Total liabilities and stockholders’ equity  $2,080,000   $2,005,000

Joel de Paris, Inc.
Income Statement
Sales  4,000,000
Operating expenses  3,680,000
Net operating income  320,000
Interest and taxes:
Interest expense  160,000
Tax expense  70,000   230,000
Net income  $90,000

The company paid dividends of $30,000 last year. The “Investment in Buisson, S.A.” on the balance sheet represents an investment in the stock of another company.

Required:
1. Compute the company’s margin, turnover, and return on investment (ROI) for last year.(Round your answers to 2 decimal places.)
2. The board of directors of Joel de Paris, Inc., has set a minimum required rate of return of 19%. What was the company’s residual income last year?



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Financial Accounting: E4-22 A partial adjusted trial balance is shown as follows for Shockley Contracting

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Financial Accounting
E4-22 Closing Process
A partial adjusted trial balance is shown as follows for Shockley Contracting:
Shockley Contracting
Partial Adjusted Trial Balance
June 30
Debit   Credit
Retained earnings  17,450
Service revenue  30,600
Advertising expense  1,450
Depreciation expense  9,650
Interest expense  810
Salaries expense  7,600
Supplies expense  1,100
Utilities expense  2,330

Required:
a. Prepare Shockley’s income statement and a statement of retained earnings for the month of June. List the accounts in chart of accounts order.
b. Prepare the appropriate closing entries at June 30.  When more than one debit or credit, list the accounts in chart of accounts order.
For compound transaction, if an amount box does not require an entry, leave it blank or enter “0”.
c. What is the purpose of “closing the books” at the end of an accounting period?



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Financial and Managerial Accounting: PR11-1A Olympic Theatre Inc. Owns and operates theaters

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Financial and Managerial Accounting
PR11-1A Dividends on Preferred and Common Stock
Olympic Theatre Inc. Owns and operates theaters throughout Texas and California.
Olympic Theatre has declared the following annual dividends over a six-year period: 2003, $21,000; 2004, $50,000; 2005, $15,000; 2006, $80,000; 2007, $90,000; and 2008, $140,000.
During the entire period, the outstanding stock of the company was composed of 10,000 shares of 4% preferred stock, $75 par, and 100,000 shares of common stock, $10 par
Instructions: (in excel)
1.  Calculate the total dividends and the per-share dividends declared on each class of stock for each of the six years. Summarize the data in tabular form, using the following column headings.
Preferred Dividends   Common Dividends
Year  Total Dividends   Total   Per Share   Total   Per Share
2003  21,000
2004  50,000
2005  15,000
2006  80,000
2007  90,000
2008  140,000
2.  Calculate the average annual dividend per share for each class of stock for the six-year period.
3.  Assuming that the preferred stock was sold at $80 and common stock was sold at par at the beginning of the six-year period, calculate the average annual percentage return on initial shareholders’ investment, based on the average annual dividends per share (a) for preferred stock and (b) for common stock.


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Corporate Finance: P10-12 Davis Industries must choose between a gas powered and an electric powered

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Corporate Finance 

P10-12 
Davis Industries must choose between a gas powered and an electric powered forklift truck for moving materials in its factory.
Since both forklifts perform the same function, the firm will choose only one.  (They are mutually exclusive investments.)
The electric powered truck will cost more, but it will be less expensive to operate; it will cost $22,000, whereas the gas powered truck will cost $17,500.
The cost of captial that applies to both investments is 12%.
The life for both types of truck is estimated to be 6 years, during which time the net ash flows for the electric powered truck will be $6,290 per year and those for the gas powered truck will be $5,000 per year.
Annual net cash flows include depreciation expenses.

Calculate the NPV and IRR for each type of truck and decide which to recommend.



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Be sure to include a company address and the recipient’s address in the correct order. Dates should be written out completely.

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Please read the scenario carefully before crafting your bad news message

Use formal block letter style to write your message.

  1. Be sure to include a company address and the recipient’s address in the correct order.   Dates should be written out completely.
  2. Start the message with a buffer sentence.  The first sentence should not reveal the bad news. “Your telecommuting application is denied” is not correct. It uses “you-viewpoint” but since the news is negative, use of “your” in this example is incorrect.
  3. Next, provide reasoning that would justify the negative news, but do not give the bad news yet! Candidates want to know that the process for candidate selection was well thought out and fair.
  4. Give the bad news in more positive terms than stated in the assignment. It can be done!  Also, be sure the bad news is not mentioned until the end of the 2nd paragraph or 3rd paragraph of the letter.
  5. Follow the bad news with positive statement(s) and an alternative way forward. The closing sentence should not refer to the bad news.
  6. Avoid personal statements in this formal rejection letter. Your letter will likely go into Tony’s personnel file and it will have your signature on it.
  7. Do not copy phrases from the assignment. Instead, rewrite the ideas using your own words.  Remember to use bulleted lists (parallel constructions) when it strengthens communication, especially positive communication.


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