Law Multiple Choice Questions Law Multiple Choice Questions Question 1.Javier gives written authorization to Tamara to sell his house.Javier dies on the October 4. On October 8, Tamara enters into a written contract on behalf of Javier to sell the house to Trudy for $100,000. Before Tamara entered into the contract,she showed the written authorization to Trudy. Javier's estate isA. liable if the price is fairB. not liabeC.obligated to sell for $100,000 because Tamara had express authorityD. liable if Tamara knew Javier was decreased at the time of the contract2.Ted is a janitor at Big Deal,Inc. One night,Ted is cleaning the boss's office and sits in the boss's chair. At that moment,a salesman walks in,thinks Ted is a manager, and offers to sell Big Deal Inc., 700widgets for $100 each. Ted thinks this sounds like a good deal,assumes the boss will be pleased,and signs the contract as an agent for Big Deal,Inc. The boss discovers this deal the next day and is angry because widgets cost $27 each. If Big Deal is obligated under the agreement, it's based on------authorityA.actualB.impliedC.expressD.apparent3.Carl,a liitle person with dwarfism,applies for a job. He is told he won't be hired because he is a little person. Carl sues,claiming discrimination under the Civil Rights Act. Which of the following statements is true?A. Unless Carl can show that height requirement has a disparate impact on short people,he has no claimB.Unless the employer can show that begin of a certain height is a bona fide job qualification,Carl has a good claimC. Carl has a good claimD.Carl has no claim4.Eric has gradually been losing his eyesight,which has adversely affected his work. When the boss fires Eric,she tells him that she's letting him go because he can't see anymore. Eric's discharge isA.not wrongful because it didn't involve a hiring decisionB. not wrongful if he can't perform the job without reasonable accommodations by the employerC. wrongful if the employer can make a reasonable accommodation for his disabilityD. wrongful because once hired,employees can't be discharged due to disability5.Sal hires Antoinette to sell his house and gives her power of attorney that authorizes her to do,but the power of attorney says nothing about price. Sal tells Antoinette to take nothing less than$200,000. Harry offers Antoinette $195,000 for the house,and Antoinette accepts. If Sal is bound by the sale contract,the most likely reason------authorityA. expressB. impliedC.apparentD.actual6.Norma has worked for Big Factory for 15years,has never missed a day of work,and has always been an excellent worker. One day,without warning,Norma's supervisor firs her without any explanation. Norma knows of no reason for the termination.Which of the following statements is true?A.Norma may file a bad faith action against her supervisorB.Norma can't do anything as long as the reasons were nondiscriminatoryC.Norma may file a bad faith action against Big FactoryD. Norma can't do anything unless she lives in an employment-at-will jurisdiction7.Lee hire Zeke to sell her house. She tells Zeke to ask for $200,000, but says she will take $175,000. Zeke's friend Victor asks Zeke about the house, and Zeke tells him that Lee will take $175,000. Victor offers $175,000, and Zeke accepts. Zeke violated his duty ofA. accountB. loyaltyC.obedienceD. due diligence8. Billy works as a freelance writer for Big Books.Billy works in his own home and has contract with Big Books only to receive and return writing projects. Billy is a/an----------for Big BooksA.employeeB.independent contractorC.fiduciaryD.agent9. Bob's company was found in violation of ERISA. The violation likely relates toA. failure to pay overtimeB.workplace safetyC.Bob's pension planD.workers'compensation10. Tony tries to start a union at Big Tech,Inc. His employer learns of his attempt to organize a union and fires him.Big Tech's actionsA. are permitted if they first give Bob notice forbidding the unionB.are permittedC.are permitted if the state has adopted right-to-work legislationD.constitute an unfair labor practice
accounts data bank accounts data bank Question Q7. Using the data below produce common size and indexed income statement. Ans6 Q8. Prepare common size income statement for Pellum Company, for the two years shown below by converting dollar amounts into percentage. Sales will be 100% for each year and other items will be expressed as a percentage of sales. 2005 2004 (Rs. 000) (Rs. 000) Sales 500 400 Cost of goods sold 330 268 Gross profit 170 132 Operating expenses 130 116 Net income 40 16 Q9. During the year the company earned a gross profit of $1,116,000 on sales of $2,950,000. Accounts receivable, inventory, and plant assets remained almost constant in amount throughout the year. Compute the following: a) Current Ratio b) Quick Ratio c) Net Working Capital d) Debt Ratio e) Account Receivable Turnover (all sales were on credit) f) Inventory Turnover , Attachments (1455.24 KB)
Consumer behaviour Consumer behaviour Question A photograhic presentation of the purchase process, which consumer does through for a product or service of your choice.a written analysis of the purchase process of your chosen product or service. this should involve using each appropriate headings.For example, if you choose to exame the purchase of a brand of television, one main issues invlove the understanding of thenature and determinants of consumer decision making and the way in which prior knowledge and experience affected choice.Please inculde a a series of interview questions for the real consumer to ask regards to the purchase process.Havard refercing
saint mba560 module 7 quiz saint mba560 module 7 quiz Question 1.Relevant costs are often referred to as: (Points : 2) unavoidable costs. avoidable costs. sunk costs. reversible costs. Question 2. 2.Centennial Tours is trying to decide which one of two tours it will introduce. The costs and revenues associated with each alternative are listed below: Tour A Tour B Projected revenue $7,000 $11,000 Variable costs 1,000 6,000 Fixed costs 3,000 3,000 Profit $3,000 $1,000 What are the incremental (differential) costs of Tour B? (Points : 2) $2,000 $3,000 $4,000 $5,000 Question 3. 3.Emily paid $2 for a bottle of ThirstAid. Later while on a hiking trip, she was offered $10 for the ThirstAid. Select the correct statement from the following. (Points : 2) The $2 original purchase price is a sunk cost. If Emily drinks the ThirstAid, no opportunity cost is associated with her decision. The $10 offer is not relevant if Emily refuses to sell the ThirstAid. All of the above are correct. Question 4. 4.For purposes of decision making, avoidable costs are costs that: (Points : 2) were incurred in the past. will be incurred in the future and differ between the alternatives. do not differ between alternatives. are not relevant in decision making. Question 5. 5.Dalton Company is trying to decide between the following two alternatives: Alternative A Alternative B Projected revenue $50,000 $60,000 Direct material 6,000 12,000 Assembly labor 9,000 9,000 Production supervisor's salary 10,000 10,000 Facility-related costs 10,000 15,000 Profit $15,000 $14,000 Which of the following conclusions can be drawn from this example? (Points : 2) Variable costs are always relevant for decision making. Fixed costs are sunk and thus are never relevant for decision making. Relevant costs may include variable costs and fixed costs. The amount of revenue is not relevant to this decision. Question 6. 6.Alicia brought her lunch today but now a coworker has asked her to go to the deli across the street. Select the correct statement from the following. (Points : 2) The cost of the lunch Alicia already has is relevant to Alicia's decision to have lunch with her friend. The cost of the lunch Alicia already has represents the opportunity cost of dining with her friend. The cost to buy lunch at the deli is not relevant because it has not yet been incurred. The cost of the lunch that Alicia brought has nothing to do with her current decision because it is a sunk cost. Question 7. 7.Select the correct statement regarding relevant costs and revenues. (Points : 2) Relevant costs are also known as avoidable costs. Relevant costs are future-oriented. Relevant revenues must differ between the alternatives. All of the above are correct. Question 8. 8.Frank is trying to decide which one of two job offers he will accept. Several items are presented below: Job Criterion Job Offer A Job Offer B (1) Base salary $40,000 $40,000 (2) Overtime compensation Comp. time Hourly rate (3) Moving allowance $ 2,000 $ 2,000 (4) Signing bonus $ 1,000 $ 0 (5) Job search costs $ 500 $ 500 Which of the above job criterion would be considered sunk costs? (Points : 2) (1), (3), (5) (2), (4) (5) None of the above Question 9. 9.Which of the following costs generally is an example of a product-level cost? (Points : 2) Inventory holding costs Machine setup costs Materials and labor costs Shipping and handling costs Question 10. 10.The cost that is avoided when a company eliminates a single item of a product or service is a: (Points : 2) batch-level cost. facility-level cost. product-level cost. unit-level cost. Question 11. 11.Select the incorrectstatement about the planning process. (Points : 2) The longer the time period, the less specific the plans. Planning decisions can often be sub-divided into three distinct planning phases, short-term, intermediate-term, and long-term. The nature of planning changes with the length of the time period being considered. The shorter the time period, the more general the plans. Question 12. 12.Expressing plans for a business in financial terms is commonly called: (Points : 2) master planning. strategic planning. budgeting. operational planning. Question 13. 13.Which of the following budgets or schedules uses data contained in the selling and administrative expense budget? (Points : 2) Cash payments schedule Cash receipts schedule Inventory purchases budget Sales budget Question 14. 14.Maddon Company estimated that its inventory purchases for January and February 2010 would be $300,000 and $370,000, respectively. The company generally pays for 60% of its inventory purchases in the month of purchase because it receives a 2% discount for timely payment. The remaining 40% of purchases are paid for in the following month, and there is no discount for these payments. What will be the amount of cash payments for inventory in February 2010? (Points : 2) $324,400 $337,560 $328,340 $335,160 Question 15. 15.McDavid Company has completed its sales budget for the first quarter of 2010. Projected credit sales for the first four months of the year are shown below: January $30,000 February $36,000 March $45,000 April $48,000 The company's past records show collection of credit sales as follows: 30% in the month of sale and the balance in the following month. The total cash collection from receivables in February is expected to be: (Points : 2) $38,700 $45,000 $42,300 $31,800 Question 16. 16.Select the correct equation format for the purchases budget. (Points : 2) Beginning inventory + expected sales = required purchases. Expected sales + desired ending inventory – beginning inventory = required purchases. Beginning inventory + expected sales – desired ending inventory = required purchases. Expected sales + Desired ending inventory = required purchases. Question 17. 17.With regards to financial statements, “pro forma” means: (Points : 2) budgeted. prepared in advance. financial condition or position that can be expected if planning assumptions prove correct. all of the above. Question 18. 18.Which of the following is nota benefit of budgeting? (Points : 2) Sets realistic standards that serve as benchmarks for evaluating performance Coordinates the activities of the company by integrating the plans of all departments Requires managers to plan ahead and to formalize their objectives Provides assurance that accounting records are in accordance with generally accepted accounting principles Question 19. 19.When Northern Company district managers submitted their preliminary budget proposals, top management discovered that the southern district manager had requested a new project management information system. Unfortunately, the system is incompatible with the system used at headquarters. Which of the following advantages of budgeting reduces the likelihood that the company will end up with two incompatible systems? (Points : 2) Planning Corrective action Performance measurement Coordination Question 20. 20.Select the incorrect statement about budgeting and human behavior. (Points : 2) People are often uncomfortable with budgets. Budgets are constraining. Budgets limit individual freedom in favor of an established plan. Few people find evaluation based on budget expectations stressful.
Final Project: PowerCo Final Project: PowerCo Question Final Project: PowerCoYou are required to submit at the end of the semester a final project inwhich you will determine whether PowerCo should construct a newgenerator to meet an expected rise in demand for power. You will arriveat your conclusions by analyzing the data below and answering a seriesof interrelated questions. You will present your findings and recommenddationsin a report, the details of which are listed below in the section“PowerCo: Your Analysis and Report.”PowerCo: The DataConsider the following situation:PowerCo, a medium?sized power company, generates and sellselectricity throughout several states in the southeast United States.They have been in business for more than 30 years and are the largestpower generator in the region. They believe that a significant increasein the demand for electricity over the next 10–12 years will cause themto be unable to meet the expected demand with their currentgeneration capabilities.PowerCo’s senior management believes that they must build a newgenerator to meet this increased demand and their Treasurydepartment was tasked with developing the financial projections forbuilding a new generator. Taking the expected revenues from the newfacility, developed by the firm’s economists and the expected costs ofbuilding the new plant from the firm’s engineers, they havedeveloped financial projections to allow them to analyze theprospective investment in a new generating facility.It is expected that building the new generator will take approximately2 years and will remain functional for at least 10 years. WhileTreasury expects that the facility will continue to generate electricityfor longer than 10 years, they believe that financial projections for aperiod longer than 10 years are too uncertain and so have limitedtheir estimates to 10 years of use.S?33The financial projections, given on an annual basis in after?tax dollars, areas follows (assume all cash flows occur at the end of the year):1. The expected cash costs, in millions of dollars, of building thefacility:2. The expected profits from the sale of electricity, in millions ofdollars:3. The firm believes that its opportunity cost of capital is 8 percentand so will use that rate to evaluate the project.PowerCo: Your Analysis and ReportAnswer questions 1–5 listed below in the section “PowerCo AnalysisQuestions,” analyzing the data presented in the “Data” section. Afteranswering the five questions, you will need to assemble your answers toform your final project, which should be presented in the following way:? Title page with your name, date, course code, and name of yourmentor.? Introduction to your analysis (briefly state your purpose).Year Expected costs1 252 28Year Expected after tax profits3 64 75 86 97 98 99 910 911 912 9S?34? The main body of your analysis (i.e., your answers to questions 1–4, below).? Recommendations (your answer to question 5, below).You are not required to follow a particular style of presentation, butwhichever one you use, you must be consistent.When you are ready to send your final project to your mentor, go to theSubmit Assignments section of the course Web site and use the submitfunction provided for the “Final Project.”PowerCo Analysis QuestionsYour answers to the following questions will form the main body of yourcase analysis.1. What is the present value of the expected costs? Show allcalculations.2. What is the present value of the expected after?tax cash profits?Show all calculations.3. What is the expected net present value (the difference between thePVs of the inflows and outflows)? Show the calculations. Whatdoes this number represent? Be detailed in your responses.4. What are the risks inherent in deciding to build the facility? Howwould each of the risks affect the decision to build the facility? Bespecific.5. Should PowerCo build the plant? Why or why not?
Monthly number of airline tickets sold by a travel agency Monthly number of airline tickets sold by a travel agency Question The file P14_01.xlsx contains the monthly number of airline tickets sold by a travel agency. a. Does a linear trend appear to fit these data well? If so, estimate and interpret the linear trend model for this time series. Also, interpret the R2 and se values. b. Provide an indication of the typical forecast error generated by the estimated model in part a. c. Is there evidence of some seasonal pattern in these sales data? If so, characterize the seasonal pattern.
You are a quality analyst with John and Sons Company You are a quality analyst with John and Sons Company Question You are a quality analyst with John and Sons Company. Your company manufactures fax machines, copiers, and printers that use plain paper. The CEO of the company wants the machines to handle 99.5 percent of all the paper that is used in them without the paper getting jammed. The CEO asks you to determine the thickness of paper that the machines must be able to handle to achieve this target. Using the data provided below, prepare a two-page memo to the CEO in a Word document, detailing the appropriate confidence limits for the thickness of paper that the machines must be able to handle.Use the data provided and calculated the average thickness of the paper.Calculate the 99.5 percent confidence limits for the thickness of paper.Create a two-page memo detailing their response.Thickness of Selected Sheets of Paper.Thickness0.003850.003580.003720.004180.003800.003990.004240.003750.004490.004220.004070.004340.003810.004210.003970.004250.004490.004620.004670.004040.003910.004310.003980.00415Used the data provided and calculated the average thickness of the paper. Calculated the 99.5 percent confidence limits for the thickness of paper. Included at least one data chart, one additional graphic and three resources.
accounting problems accounting problems Question 1. Johnson Company has entered into a lease agreement for equipment which is not cancelable. The details of the lease are as follows: Inception of the lease: Jan 1, 2012, residual value at the end of the lease term is guaranteed at the end of the lease term for $50,000, annual lease payments are $124,798 due at the beginning of each year, starting on Jan 1, 2012. The lease term is 6 years, the economic life of the equipment is 5 years and the fair value of the asset at Jan 1, 2012 is $600,000. The borrowing rate is 6% per year. The lessee uses the straight line method to depreciate the asset.a. Prepare the journal entry to record the lease agreement on Jan 1, 2012 from the lessee’s perspective.b. Record the first payment on Jan 1, 2012c. Record the second payment on Jan 1, 2013 and any adjusting entries needed on Dec 31, 2013.2. George Manufacturing manufactures equipment for booths and has leased one to Peterson for a period of 10 years. The equipment has an estimated useful life of 12 years and the normal selling price of the asset is $278,072. The unguaranteed residual value is $20,000. Peterson will make annual payments of $40,000 at the beginning of each year starting on June 1, 2012 and all maintenance and insurance costs. It cost George $180,000 to manufacture the equipment and the borrowing rate is 10%.a. Record the lease agreement from the lessor’s perspective on July 1, 2013.b. Record receipt of the first payment on July 1, 2013c. Record any adjusting entry at December 31, 2013d. Record receipt of the second payment on July 1, 2014 and any other entries if needed.3. On January 1, 2011 Richardson Corp. leased a new machine from Johnson Corp for 3 years which has an expected useful life of 8 years with no salvage value. It is depreciated on a straight line basis. The annual rental payments are $180,000 and start at the beginning of the year. Richardson is required to pay a security deposit of $35,000 at the signing of the lease.a. Record the lease agreement from the lessee’s point of view on Jan 1, 2011.b. Record payment of the security deposit by Richardson and the first paymentc. Record the journal entry for initial lease contract from the lessor’s perspective.d. Record the first payment received by the lessor and the security deposit.e. Record any adjusting journal entry needed at December 31, 2011 by the lessee or lessor.
PAD 515 – Assignment 4: Emotional IQ PAD 515 – Assignment 4: Emotional IQ Question Complete the Emotional IQ test at. Save your results.Then, based on your test results and Daft’s treatment of Emotional IQ in Chapter 5, prepare 6 to 8 PowerPoint slides in which you:Identify and justify four (4) areas of Emotional IQ a public leader should address in identifying their specific traits, behavior, and skill set.Using any type of leadership style (transformational, charismatic, authentic, etc.), discuss how Emotional IQ influences each of the following:- Leadership communication- Culture, values, morals, and courage- Developing teams- Motivation and empowerment- Influence and powerDevelop a plan for how a public leader can overcome his/her weaknesses in Emotional IQ.Debate the pros and cons for how adaptability can affect a public leader’s leadership abilities with others.
ECON 104 FINAL EXAM questions ECON 104 FINAL EXAM questions Question ECON 104 FINAL EXAM questionsECON 104 FINAL EXAM questions , Attachments (141.22 KB)