Case 27 - Finance - 1395 Words

Case 27 1. For this question, ignore the forecasted receivables collection pattern in Exhibit 27.4. Using paper and pencil (do NOT use the template), calculate the projected ACP and average daily sales (ADS) under the following conditions: 30% of customers pay on the 10th day 50% of customers pay on the 30th day 20% of customers pay on the 60th day 800,000 units sold per year @ $5 per unit = $4,000,000/360 Remember, since there are no balance sheets or operating statements, you will have to MANUALLY calculate the ACP. Just look at the numbers: 30% pay after 10 days + 50% pay after 30 days + 20% pay after 60 days. What’s the average? Voila! Also, for consistency, use 360 days = one year Answer: ADS= $11,111 ACP= 33 days†¦show more content†¦For the entire half year? Answer: First 3 months- $8,333, Half year- $11,667 What is the implied average collection period for the end of March? For the end of June? Answer: End of March- 42.2 days, End of June- 28.8 days Does the ACP indicate that the firm’s customers have changed their payment behavior? Is the ACP a good management tool in this situation? If not, why not? Answer: The average collection period is definitely a good indicator of future trends of payers. In this case, the ACP illustrates that the firm’s customers have changed their payment behavior in a positive way. 6. Given the data in this worksheet, what do the aging schedules tell you about customers’ payment patterns at the end of March and June? Explain. Answer: Aging schedules definitely help a company keep track of which of its customers are paying on time, and are useful in figuring cash flow. In this case, it is apparent that the majority of accounts receivable by the end of March are less than 30 days old (80.8%). By the end of June, that percentage goes down to 63.7%. By the end of March, 19.2% of accounts receivable are between 30-60 days old, and by the end of June, there is 36.3%. 0% of accounts receivable get to be over 60 days old, which indicates payment. 7. Now, looking at the uncollected balances schedules as of the end of March and June, do these schedules properly measure customers’ paymentShow MoreRelatedThe Strong Performance Of Public Finances1198 Words   |  5 Pages The strong performance of public finances in Sweden is an interesting case.Previous studies have compared the current crisis with the banking crisis in Sweden in the early 1990s to study the reason behind Sweden’s strong public finances (Flodà ©n, 2013). When comparing the macroeconomic behavior during the current crisis and during the banking crisis in the early 1990s, it showed a larger drop in GDP and in exports while unemployment increased very less during the current crisis. 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Organizational Behavior Case Study - 873 Words

1. What factors do you think make some organizations ineffective at managing emotion? According to the case, organizations are always hard to manage emotion effective. From my prospective, there might be three main reasons, emotional individual differences, lack of contact between organizations and their employees, and organization culture, all bringing about this situation. First of all, different people have different personalities. It is hard for an organization to publish a policy or to make a solution, which could satisfy all employees. Even a same work event could generate two opposite emotional reactions by different personal dispositions. Furthermore, the greater the organization is, the more difficult the emotional†¦show more content†¦In addition, Chinese people who know sociability will always use appropriate words to express themselves even if they want to criticize someone. In this way, employees are easy to report their comments and suggestions to their managers and to receive managers’ requests and criticism. In conclusion, this kind of management style is really very effective to help manage emotions in the company. Employees can work in this comfortable and harmonious atmosphere with happy minds. 4. Research shows that acts of co-workers (37 percent) and management (22 percent) cause more negative emotions for employees than do acts of customers (7 percent). What can Laura’s company do to change its emotional climate? In my opinion, there are several measures to change its emotional climate. First, the most important thing is to establish a warm, comfortable and friendly workplace environment. This kind of environment could guarantee employees making positive emotional reactions during their daily work, and also could improve their work efficiency and quality. Those results are good for the company’s operations. Second, her company could take some social activities, such as parties among employees and managers. These parties could bring more contact between managers and employees and let managers know moreShow MoreRelatedCase Study Organizational Behavior1424 Words   |  6 PagesAbstract Why do individuals behave the way they do and perform well or poorly in the workplace? This question has been the Holy Grail of much research in organizational behavior (McShane−Von Glinow, 2004). A large American city was putting on some seminars for managers, and the main topic of the discussion was motivation. During the seminar a problem came to light that a captain of a police station was dealing with some issues with his police officers. When his officers first came to the policeRead MoreOrganizational Behavior Case Study2560 Words   |  11 PagesSANDALIAS FINAS DE CUERNAVACA, S.A. TOTAL QUALITY MANAGEMENT (TQM) A Case Study Student name, school and level, remain confidential March 11th, 2008 Organizational Behavior – Dr. Panayotis Zamaros -1- Table of Content 1. Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦..3 2. Presentation of the Problem†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..4 3. Presentation of the Solution: Total Quality Management (TQM) †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦5 4. 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We have identified that this problems create a kind of conflict in the organization. So, we decide to approach this case with theory of conflict. Here, we will only use two sources of conflict, namely differentiation and communication. A. Path-Goal Leadership Theory This theory is oneRead MoreOrganizational Behavior Case Study1819 Words   |  7 Pages TABLE OF CONTENT INTRODUCTION.............................................................................................................................3 DESCRIPTION OF CASE...............................................................................................................4 DESCRIPTION OF RESULTS.......................................................................................................7 VALUES..............................................................................Read MoreCase Study : Organizational Behavior Management1261 Words   |  6 PagesCase Study: Organizational Behavior Management Case Study: Organizational Behavior Management KeAtis Hayes Ashford University MHA 601: Principles of Healthcare Administration Earl Greenia June 12, 2016 Have you ever been in a situation where you could see a problem in a group, but couldnRead MoreCase Study : Organizational Behavior Management974 Words   |  4 PagesCase Study: Organizational Behavior Management Patient safety is the top priority when it comes to hospitals today. Staff and employees are first ones on hand to help patients remain in the safest condition while at the hospital. In this current case study Improving Responses to Medical Errors with Organizational Behavior Management Frates (2014) analyzed a hospital in southwest Virginia and performed an assessment regarding patient safety and the organizational management techniques that were usedRead MoreOrganizational Behavior Case Studies with Answers6198 Words   |  25 Pagespersonality – often better predictors Personality is often defined by characteristics such as outgoing or charming. However, psychologists define personality as the growth and development of a person’s whole psychological system. We study personality in Organizational Behavior because it impacts a number of important work outcomes. We can attempt to measure personality through a variety of methods. Often these methods are utilized in the hiring process to assist in hiring the right person for the jobRead MoreLeadership and Organizational Behavior Case Study924 Words   |  4 Pagesnow and will be able to be effective in meeting its objectives. 5. Adjourning: When the task/objective is completed, the group will separate and move on. When looking at the case from our course text The Forgotten Group Member, at the end of the case study Christine is putting together the different parts of the case analysis. This would put the group in the performing stage as the objective is being worked on, but isn t just yet completed. As it appears from the text, the group did the initialRead MoreCase Study Questions On Organizational Behavior Essay2596 Words   |  11 Pages University of Waikato Master of Professional Accounting Case study Name: Boren Xiao Student ID: 1260790 Paper code: EXED504 Paper: Organizational Behaviour Stream: 15S Assignment Name: Reframing Organization Lecturer: Ron McDowall Due Date: 2015-2-25 Contents Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦2 Discussion of the assigned question †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦3 Problem due to lost goal†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦3 Problem due to mergers and acquisitions†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦3 Problem

Hum Week Free Essays

It also states that from 2002 to 2011 Divergence had approximately $250,000 charged to his arsenal credit card, which was paid with the campaign account, but never gave any explanation as to what the charges were for. The strategy for applying creativity that would best be used for this issue would be to devise or modify a process or system. Apparently, the laws that are in place for this matter are not specific enough, and there is a lack of enforcement. We will write a custom essay sample on Hum Week or any similar topic only for you Order Now These laws need to be modified to make their requirements more detailed, and there needs to be improvement of the enforcement of these laws. ) How might you use the strategies for promoting curiosity In addressing this topic? Why do you think these strategies might be effective? In order to promote curiosity in addressing this topic I think that the best thing to do would be to get more people involved in the process of change. When doing this, opinions can be heard and used to heighten the levels of curiosity. By allowing more people to be involved, it will bring better solutions as well. I feel this strategy would be very effective, because the most effective way to promote curiosity and devise a new yester of laws to avoid any further discrepancies would be with questions. The answers to these questions will provide better Ideas for the changes that are needed. It will also provide ways to change the way the laws are enforced. In my opinion, If the penalties for breaking the laws became stricter, there would be less of a chance that the laws would be broken. A possible solution could be to employ unbiased workers to keep track of what Is being spent and why It Is being spent. ) How might you use the various methods for producing Ideas to eliminate the blabs from the original article and still present a factual and persuasive case? Using the various methods for producing Ideas can eliminate the blabs direction In this article by using forced uncommon responses, using free association, and constructing pro and con arguments. By using forced uncommon responses, the com mon and familiar (bias) Ideas can be avoided or dismissed. This will give way for the more open minded (non-blabs) Ideas. The use of free association will allow for a more relaxed and controlled responses. Constructing pro and con arguments can be done, but only tit the safeguard of going out of your way to construct arguments and Ideas that can malignant a neutral outlook. It Is very Important to always keep In mind that there Is more than one side to the Issue or problem. Both sides need to have the same attention In order to come up with the most effective solution. Having biased opinions and Ideas will only add to the problem, and make the solution more difficult to achieve. BY Hottentots Essex County Executive, Joe Divergence, was using his campaign funds to pay for of these laws. How might you use the strategies for promoting curiosity in answers to these questions will provide better ideas for the changes that are needed. It will also provide ways to change the way the laws are enforced. In my opinion, if workers to keep track of what is being spent and why it is being spent. 3) How might you use the various methods for producing ideas to eliminate the bias from the methods for producing ideas can eliminate the bias direction in this article by using ideas can be avoided or dismissed. This will give way for the more open minded (non-bias) ideas. The use of free association will allow for a more relaxed and with the safeguard of going out of your way to construct arguments and ideas that can maintain a neutral outlook. It is very important to always keep in mind that there is more than one side to the issue or problem. Both sides need to have the same attention in order to come up with the most effective solution. Having biased opinions and ideas will only add to the problem, and make the solution more difficult How to cite Hum Week, Papers

Personal Statement Taking a Gap Year Essay Example For Students

Personal Statement Taking a Gap Year Essay I am not someone who knew what I wanted to do right from the beginning. I had always envisioned myself as a doctor; a future in medicine. However, I have learned that this is not where my true passion lies. I have always thoroughly enjoyed math and physics, and these have always been my favorites, and the ones in which I excel. Until my senior year, in which I took calculus, I was involved in an IMP math course, where everything was based on problem solving involving multiple variables and word problems. I constantly looked forward to these classes, and I relished the fact that we didn’t just solve straight forward questions, but had to solve complicated problems where the process to obtain a solution involved many different steps and variables and was never straightforward. In my junior year of high school, my math teacher invited me and a ten other top students where we met and heard from four women engineers. This is when my interest in engineering was sparked. They talked about the things they helped create and the different jobs they performed. I was fascinated, and began to envision myself helping create systems that didn’t require human energy inputs to operate. As I delved further into my academic career, I knew I wanted to pursue a career I was passionate about and would love doing, not a career based on the salary. This new mindset was brought about by my mother and father who told me, â€Å"If you do what you love, you’ll never work a day in your life. The second semester of my junior year I joined robotics club to test the waters of what engineering might be like. I absolutely â€Å"fell in love†. I thoroughly enjoyed the task of building different machines and systems and loved the way I had to invest problem a multitude of skills and ideas into one project such as problem solving, math, physics, and leadership. I realized that no other career path was as suitable to me as engineering. I am fascinated with each type of engineering, and wish I was able to major in all of them. I have always been enthralled by aircrafts, and designing better aircrafts and airborne machines would certainly satisfy me. During high school I was also infatuated with chemistry, and working the the medical world by engineering new medicines, prosthetics, etc. also held a definite promise, so chemical or biomedical engineering sounded great as well. However, I have decided upon mechanical engineering. I love the idea of working hand-on with equipment and really being able to watch your systems â€Å"come to life†. I also wanted to major in a field in which I could work with many different things and companies. I am very interested in building systems to help the world and environment, but would also like to have open opportunities to help manufacture and construct all different kinds of mechanisms and test all the different waters. Although passion is a necessity in any career field, there are many other skills needed to be successful in todays world of engineering. Leadership skills and the ability to work on a team have become extremely important in being a prominent engineer. With my involvement in the Silver Creek leadership academy, student senate executive board, and as president of national honor society at my school, I have obtained these qualities and have learned how to be a great leader as well as work as a teammate. I was also a huge participator in athletics such as basketball, track field, cross-country, and tennis, where I furthered my ability to thrive on a team. This year I shall be taking a gap year. During my gap year I aim to expand my horizons and gain a better view on the world and become more independent. I am traveling to Spain to stay as an au pair for a family for 8 months, and will travel around Europe for another month. I shall be taking one Spanish course at a university so as to obtain a student visa and become fluent in the language and learn more about the culture. I believe this experience will make me more prepared for college and allow me to find out more about myself and gain further independence and confidence.