A. $16,500 B. $9,000 C. $25,500 D. $7,500 E. $50,000 Difficulty: Easy 2. Yaro Company owns 30% of the common stock of Dew Co. and uses the equity method to account for the investment. During 2008, Dew reported income of $250,000 and paid dividends of $80,000.
In 2008, for every dollar of assets owned by Berry‟s Bug Blasters, they sold $1.68 worth of goods and services. Profit margin: By dividing net income by sales revenue we can determined that the profit margin for Berry‟s Bug Blasters is 6.58% Return on Assets: Asset ratio multiplied by Profit Margin. ROA can help us determine how profitable Berry‟s Bug Blasters is compared to total assets. To analyze ROA, divide Net Income by Total Assets. Berry‟s Bug Blasters had a 25.52% Return on assets.
Global Cultural Issues Affecting Chevron Outside the United States Jerry Teague ETH/316 July 29, 2013 Ed McCullough Global Cultural Issues Affecting Chevron outside the United States Chevron ranked number three recently in the Cable News Network (CNN) list of the world’s largest companies as of 2012, up the previous year’s number ten ranking. Presently, the company headquarters is in San Ramon, California, with more than 60,000 employees worldwide including around 4,000 service station employees. Chevron recently sold its Ireland refinery and some assets in the Caribbean and Africa. It bought Atlas Energy and is confident about its prospects in the Gulf. Chevron conducts business worldwide as one of the global integrated energy companies.
GAAP? Explain in detail. (TCO C) (TCO C) Blue Corp. reports operating expenses in two categories: (1) selling and (2) general and administrative. The adjusted trial balance at December 31, 201X, included the following expense accounts. Accounting and legal fees $150,000 Advertising $125,000 Freight-out $65,000 Interest $80,000 Loss on sale of long-term investments $35,000 Officers’ salaries $200,000 Rent for office space $160,000 Sales salaries and commissions $110,000 One half of the rented premises are occupied by the sales department.
Each type of planning is individually important, but is more significant to the collective whole. The class discussed the importance of contingency planning in depth, including the idea that contingency planning can be used in several ways. An excellent point made by the team is that planning is useful not only at work but also in our personal lives. . Ethics are the moral principles and standards that guide an individual’s or a group’s behavior.
Policies and standards are integral to maintaining information systems security. Polices define the law and standards describes how to implement the policies. The policy should include the mission and objectives of the business as well as ensure the goals are met safely and securely. An effective information security policy defines the objectives of the business and outlines the strategy to achieve its goal. These policies and standards should inform employees, senior management to entry level, their required responsibilities for protecting the information system of the organization.
Under this relationship, leaders identify the specific talents of each of their employees, motivate them and coach them towards utilizing their talents effectively. Leaders are also responsible for building trust between them and their subordinates. Leaders involve guiding a group of people toward achieving the best result in and a company. The leadership of a company mainly involves creating a vision for the company. It involves modeling the vision, forming teams, influencing them and aligning people to achieve the set goals.
With Citigroup’s organizational culture it has guided employees toward the behaviors and attitudes that have put the company at risk. The company must revert to what is important that is the customers and focus on the core values of the organizations, and the vision of the organization. To change Citigroup’s organizational culture there needs to be a shared responsibility among the leaders of the company, managers, and employees. By having a shared responsibility will make Citigroup’s organizational culture more effective and productive. Having shared responsibility will allow each employee to achieve or accomplish his or her full potential, and acting with the greatest level integrity when dealing with one another, and customers.
In addition, having both management and leadership are significantly important in any organization that wants to succeed. In today’s management role, one must implement the functions necessary to be successful. In particular, strong leadership is imperative for shaping an organization into a force that serves as a sustainable business advantage. Having a vision, the ability to articulate it, and having the necessary skills and resources to carry it out is a cornerstone of one’s organization. Furthermore, managers should establish the following within their units: valid performance standards; provide adequate information to employees; ensure acceptability; maintain open communication; see that multiple approaches are used.
They have recognized the importance of creating a culture that includes accountability. The organization creates the culture of accountability therefore the employees understand they must work as a team to ensure the organization as a whole is successful. The employees that are self sufficient and self motivated seem to contribute more to the culture of the organization. The culture being set in place sets the tone for the organization’s management and the frontline employees. This culture may also build a positive rapport between the organization and employees that will produce a positive culture.