What was Brady Brothers cash basis income? Cash basis income: $6,000 (cash received) - $5,000 (cash paid) = Answer: $1,000 Question 3: What was Brady Brothers accrual basis income? Accrual basis income: $12,000 (revenue earned) - $8,000 (expenses incurred) = Answer: $4,000 Question 4: Anderson Company’s balance sheet at the end of the year revealed the following information: Clients owe Anderson Company $35,300 for completed projects. Anderson Company owns office equipment totaling $95,500. Anderson Company owns $5,000 of material used on various client projects.
The AICPA was founded in 1887 and is the world’s largest association to represent accountants; they have over 350,000 members in 128 different countries ("About The Aicpa", 2006-2012). It is considered to be foundation of ethical reasoning in accounting because it covers everything from independence to due diligence and acts as a guideline for accountants to follow. After reading over the AICPA Code of Professional Conduct I feel that the three most important purposes are; to protect the investor, to protect the creditor, and to protect the employee. On the AICPA website one can find versions of the Code of Professional Conduct that date back to June of 2008 however, portions of the code have different dates such as January 12, 1988 that is listed as the date of adoption on the ET section 91-Applicability (AICPA 2006-2012). Although confusing, portions of the code have been around for longer than the code itself and is known as the foundation of ethical reasoning.
Riordan Manufacturing Total Compensation Plan HRM/324 September 14, 2015 Mr. Douglas Lalama Riordan Manufacturing Total Compensation Plan Riordan Manufacturing is a global plastics manufacturing company that employs over 550 employees and has annual earnings of $46 million. They are a leader in the use of polymer materials and strives to be a solutions provider for all of their customers. Some of their major customers include automotive parts and aircraft manufacturers as well as the Department of Defense and beverage makers and bottlers. Riordan Manufacturing’s compensation plan entails the incentives include wages, and benefits. Different pay systems are designed to retain and attract top performing employees, and motivate
Boeing Employees Credit Union Research Boeing Employees Credit Union (BECU) is the biggest credit union in the state of Washington, and the fourth biggest in the United States nation. It went from 18 members and $9 in 1935 to 675,000 members and $9.2 billion in 2011. Following the guide of credit union principle, which is “people helping people”, BECU is a member-owned, not-for-profit financial cooperative (BECU, 2011). The company scope is shown in order as following: 1. History 2.
Lake Electronics currently has four SMT lines that are capable of producing circuit boards with BGA, VFBGA, Fine pitch capabilities. With over 5 million in equipment alone, it is important for the vice president of the company to split production time of bare board to finished product amongst the machine and the workforce. Depending on the project, the quantity of product, the amount of parts that can be put by hand, the amount of parts that can be put by machine, the cost of both, the cost of hand soldering or wave soldering the entire printed circuit board must be considered in order to determine the correct figure in terms of labor
(Points : 25) 5. (TCO F) You are the Sales Manager for your company. Your sales team is one that, once they gain the initial sale, enjoys considerable repeat business. Sales reps are paid a base of $35K and their commission package can add as much as $49K a year (average). Top producers make as much as $65K a year in commission--along with their base pay, they make $100K.
The sociological experience I would like to talk about is one that each member of this world is in each day whether they know about it or not. I am talking about the power and control of the world’s elite. The top 1 percent of the earth’s population makes 500 thousand plus a year. This capitalistic group controls a third of this countries wealth. This power elite owns most of Wall Street and the conglomerate companies in the world.
Question: (TCO 6) On-the-job training refers to which of the following? 10. Question: (TCO 6) You have just been promoted to sales manager at your insurance company and are in charge of eight salespeople, three of which have been with the company less than a year. You know that most turnover occurs between 12 and 15 months of employment in your industry, so you decide to develop a high-quality training program for your salesforce. Which of the following is true, with regard to the research on sales training and
HRM EXPERIENCE: LEARN ABOUT UNIONS Valerie Lieber MGT 2500 Human Resource Management February 20, 2015 The United Steelworkers This is the largest industrial union in North America with 1.2 million members and retirees. On March 7, 1937 the union signed its first contract with Carnegie-Illinois Steel for $5 a day wage and benefits. In October of 1946 the steelworkers in Hamilton, Ontario won a historic strike for union recognition at Steel Company of Canada. In April 2005 they had more than 850,000 active members in over 8,000 bargaining units in the United States, Canada, and the Caribbean. They are the dominate union in paper, forestry products, steel, aluminum, tire and rubber, mining, glass, chemicals, petroleum and other basic resource
The company manufactures and distributes automobile around the globe with famous vehicle brands produced such as Ford, Lincoln, Volvo, and Mercury. The company started and headquartered in Dearborn, Michigan, and employs about 164,000 employees, and expanded to Europe with 73 plants after its globalization efforts in 1911 (MacAyeal, 2012). Henry Ford implemented the $5 daily wage for an 8-hour workday from $2.34 for 9-hour workday for male