Managers regularly buy derivatives on currencies, interest rates and commodities to limit down side risk. In this context discuss the pros and cons of hedging airline fuel costs by the airline companies.
Profitability Ratios PJ’s Ice Cream Parlor has asked you to help piece together financial information on the firm for the most current year. Managers give you the following information: sales = $50 million, total debt = $20 million, debt ratio = 50%, and ROE = 12%. Using this information, what is PJ’s ROA?
Managers do plan, organize, lead, and control as they manage. Following the Planning-Controlling Link model, outline the activities in each managerial function of the company of your choice, then assess as to its efficiency and effectiveness adopt decision making, managing team with managerial ethics, and make recommendations. . Use the format below.
I. Company Profile
II. Basic Management Function (Planning-Controlling)
III. Assessment of Management Practices
IV. Conclusion/Recommendation
The following spreadsheet is for Manhattan Family Dentistry on January 1 of the current year.
Based on the information recorded in the balance sheet you completed in Submission Lesson – 1, what non-financial information could be requested for a managerial report to be used for internal decision making?
MANHATTAN FAMILY’ DENTISTRYBalance SheetJanuary 1 , 20ASSETSLiabilities & Stockholders’ EquityCashLiabilities`ACCOUNTS receivable*Accounts payableLandBuilding*Total liabilities .CIVETS’ Equity* "Equipment . .25. 000Capital stockTotal ASSETS*Total liabilities and owners’ Equity`Juring the first few days of January, the following transactions OCCUPIED5^`Equipment was purchased for $3}, DOO on credit.The business collected $1GOOD Of it’s accounts receivable and paid $ 23. OOD Of itsaccounts payable.The business borrowed FOOD, AND from the bank, giving a note payable QUE in SO day’s .Additional capital stock was issued in exchange for DZT, QOD cash .
HW4: Researching Different Mgt Careers
Researching Different Careers (this assignment is modified from Chapter 10, 12th ed., p. 300. Please read the instructions below and follow!)
Because a manager’s job varies from department to department within firms, as well as among firms, it is virtually impossible to write a generic description of a manager’s job. If you are contemplating becoming a manager, you may find it very helpful to spend time on the job with several managers learning firsthand what they do.
Assignment:
1. Make an appointment with managers from two firms, preferable 2 different firms. If you can meet them at their place of business, EXCELLENT! If not a phone call will have to suffice.
2. Ask the managers the following questions:
a. What do you do in your job?
b. What do you like most and least about your job? Why?
c. What motivates you at your job?
d. What skills do you need in your job?
e. How much education does your job require?
f. What advice do you have for someone thinking about pursuing a career in management?
3. Summarize your findings in a 2 page report and include answer to these questions:
a. What motivation theory(ies) apply to the managers answers?
b. Is management a realistic field of study for you? Why? If not, what might be a better career choice for you? Why?
Mandy is conducting the monthly bank reconciliation for Closet World, Inc. The information provided to her is as follows:
Bank’s ending balance = $11,130
Closet World’s ending balance = $11,700
Service charges = $80
Deposits in transit = $1,170
Interest paid = $30
Outstanding checks = $650
What is an example of something that Mandy will add to the bank’s ending balance in the bank reconciliation process?
a. Outstanding checks
b. Interest paid
c. Deposits in transit
d. Service charges
Please find the Total CM for both categories as per Requirement 3 in the question
mancnester Iecnnology, Inc. manuractures several olrrerent types or printed CII’CUIT. ooaros; nowever, two or tne boards account ror tnemajority of the company’s sales. The first of these boards, a television circuit board, has been a standard in the industry for severalyears. The market for this type of board is competitive and price-sensitive. Manchester plans to sell 85,000 of the TV boards in 20×1 ata price of $510 per unit. The second high-volume product, a personal computer circuit board, is a recent addition to Manchester’sproduct line. Because the PC board incorporates the latest technology, it can be sold at a premium price. The 20×1 plans include thesale of 60,000 PC boards at $855 per unit. Manchester’s management group is meeting to discuss how to spend the sales and promotion dollars for 20×1. The sales managerbelieves that the market share for the TV board could be expanded by concentrating Manchester’s promotional efforts in this area. Inresponse to this suggestion, the production manager said, "Why don’t you go after a bigger market for the PC board? The cost sheetsthat | get show that the contribution from a PC board is significantly larger than the contribution from a TV board. I know we get apremium price for the PC board. Selling it should help overall profitability." The cost-accounting system shows that the following costs apply to the PC and TV boards. PC Board TV Board Direct material $249 $159Direct labor 4 . 0 hr. 1.5 hr.Machine time 1 . 5 hr. 1.5 hr. Variable manufacturing overhead is applied on the basis of direct-labor hours. For 20×1, variable overhead is budgeted at $2,540,000,and direct-labor hours are estimated at 385,875. The hourly rates for machine time and direct labor are $38 and $46, respectively. Thecompany applies a material-handling charge at 10 percent of material cost. This material-handling charge is not included in variablemanufacturing overhead. Total 20×1 expenditures for direct material are budgeted at $28,455,000. Andrew Fulton, Manchester’s controller, believes that before the management group proceeds with the discussion about allocatingsales and promotional dollars to individual products, it might be worthwhile to look at these products on the basis of the activitiesinvolved in their production. Fulton has prepared the following schedule to help the management group understand this concept. "Using this information," Fulton explained, "we can calculate an activity-based cost for each TV board and each PC board and thencompare it to the standard cost we have been using. The only cost that remains the same for both cost methods is the cost of directmaterial. The cost drivers will replace the direct labor, machine time, and overhead costs in the old standard cost figures.” Budgeted Annual Activity Budgeted Cost Cost Driver for Cost DriverProcurement $ 1,000,000 Number of parts 10,090,500 partsProduction scheduling 540 , 000 Number of boards 152 , 250 boardsPackaging and shipping 1,080,000 Number of boards 152,250 boardsTotal S 2,620,000 Machine setup 5 972 ,000 Number of setups 367,500 setupsHazardous waste disposal 136 , 000 Pounds of waste 28 , 770 poundsQuality control 1 , 240 , 000 Number of inspections 5 19 , 750 inspectionsGeneral supplies 1.92 , 000 Number of boards 152 , 250 boardsTotal S 2,540,000 Machine insertion S 3,400,000 Number of parts 7, 032,000 partsManual insertion 10,000,000 Number of parts 2,939,000 partsWave—soldering 364 , 000 Number of boards 152 , 250 boards Total $13,764,000
Many Americans view the Victorian era as primarily conventional and even prudish, or stuffy. Considering the works you read for this unit, do you think that opinion is accurate or inaccurate? Which texts would you reference to support your opinion? Think about the qualities your chosen texts have that support or refute the image of the Victorian era as prudish or stuffy. what would you say to this?
Managing & Using Information Systems: A Strategic Approach, we discuss the sourcing of IT in business.
Using the lessons learned in Chapter 10 of the text about the way Information Technology should sourced, evaluate the organization you work for or an organization you are familiar with. How is your IS/IT sourced? Does the organization use outsourcing? If so, what kind? Does this sourcing work?
You must have 1 scholarly journal articles along with your text to support your analysis. Try to find articles that are less than 5 years old.
Many advocates of healthcare reform point to the high level of spending on healthcare in the United Sates and the relatively poor health outcomes in the U.S. as compared to other countries. While the Patient Protection and Affordable Care Act (PPACA) greatly decreased the number of U.S. citizens without health insurance, the United States still stands more or less alone among wealthy industrialized democracies in this approach to healthcare.
After reviewing all of the required resources for this discussion, address each of the following:
Remember – since you only have one discussion per week in this class you must provide an initial post that is a minimum of 500 words in length. You will lose points for shorter posts.
Also, be sure to support your claims with examples from required material(s) and/or other scholarly resources, and properly cite any references
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