Business

Ethan Steel, Inc. has two factories that manufacture steel components

Question: Ethan Steel, Inc. has two factories that manufacture steel components for four different rail projects located at four different sites. The demand for the steel components for the four projects, Project A, Project B, Project C, and Project D, are 3220, 3675, 4125, and 2975, respectively. The shipping details are as below: What is …

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An MNE from Asia that focuses on agriculture – name and describe the company in one or two sentences.

Question: a. An MNE from Asia that focuses on agriculture – name and describe the company in one or two sentences.b. An MNE from Africa that focuses on transportation – name and describe the company in one or two sentences.c. An MNE from Central America that focuses on financial services – name and describe the …

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Last month when Holiday Creations, Inc., sold 50,000 units, total sales were $200,000

Question: EXERCISE 4-4 Computing and Using the CM Ratio Last month when Holiday Creations, Inc., sold 50,000 units, total sales were $200,000, total variable expenses were $120,000, and fixed expenses were $65,000.Required:L What is the company’s contribution margin (CM) ratio?2. Estimate the change in the company’s net operating income if it were to increase its …

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Prior to last year, Leastan Company had not kept departmental income statements.

Question: Department closing. Prior to last year, Leastan Company had not kept departmental income statements. To achieve better management control, the company decided to install department-by-department accounts. At the end of last year, the new accounts showed that although the business as a whole was profitable, the Dry Goods Department had shown a substantial loss. The …

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What, if anything, is unique about Google’s approach to global management training at Google?

Question: What, if anything, is unique about Google’s approach to global management training at Google? Answer: We heard my friends talking about Google being very good at management and other such stuff etc. But Google has not achieved such results in a single day. For improving the efficiency of its managers and overall performance of …

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Food taxes intended to shift consumption towards a healthier diet are controversial

Question: Food taxes intended to shift consumption towards a healthier diet are controversial. Some people think that individuals should make their own choices, and if they prefer unhealthy products, the government should not interfere. In view of the fact that those who become ill will be cared for at some public expense, others argue that …

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Consider a city that surrounds a noisy airport. Suppose that there is no commuting travel in the city

Question: Consider a city that surrounds a noisy airport. Suppose that there is no commuting travel in the city, with the residents either retired or working at home. As a result, the only locational factor that matters is the distance to the airport, which determines how much a resident must endure (noise fall as distance …

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An inexperienced accountant for Prestwick Company prepared the following income statement for the month of August 2015:

Question: An inexperienced accountant for Prestwick Company prepared the following income statement for the month of August 2015: PRESTWICK COMPANYAUGUST 31, 2015   Revenues:        Services provided to customers $ 17,000        Investment by stockholders 5,000        Loan from bank 15,000 $ 37,000   Expenses:        Payments to long-term creditors $ 11,700        Expenses required to provide services to customers 7,800        Purchase …

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