In this section of the report, the authors detail the rate at which destructive fire kills, injures, and causes property loss to Americans. The report states that fire claims the lives of 12,000 people every year in the U.S., making it the second highest cause of accidental death. That isn’t the only human toll, because there are also 300,000 people who are injured by fire on an annual basis. The authors expound on the injuries by detailing the painful experiences of patients who must endure numerous plastic and reconstructive surgeries. The price of destructive fire is estimated at over $11 billion a year in the U.S. Loss of businesses leads to loss of jobs, which is a price that is beyond calculation.
I got the ADB dividing the Gross sales by the 360 days: $1,200.000 / 360 = $3,333.33 Receivables balance = $3,333.33 x 27 = $89,999.91 3. Calculate the firm’s new receivable if Milwaukee Surgical toughened up on its collection policy, with the result that all non-discount customer paid on the 30th day. 30% pay on the 10 and take discount 70% pay on the 30 ACP = (0.3 x 10 days) + (0.7 x 30 days) 3 + 21 = 24 days Receivables balance = ADB x ACP Receivables balance = $3,333.33 x 24 = $79,999.92 4. Assuming the cost to the firm to carry receivables is 8% per annum; calculate the annual savings resulting from the toughened credit policy. (Assume the entire amount of receivables had to be financed).
5/ Pays a cheque for £5000 to Mr Sort. 6/ Sells goods to a customer, Mr Green on credit for £16000. 7/ Pays £9000 wages for the period. Required : a) Record each of the above transactions for the first week in the ledger accounts. b) Balance the accounts and prepare the trial balance at the end of week 1.
In preparation for a training program for supervisors and managers, identify at least three common errors in the performance appraisal process and describe them. In addition, describe steps to minimize these errors. (Points : 30) Spellchecker I 7. (TCO H) You are the HR VP for the Carringten Auto Brake Lining Company. A recent economic downturn has seriously affected the auto industry and your company, as well.
Revenues were approaching $3 million and income for 2006 was $600,000. Loans taken to fund the early days of operations had all been repaid. The company focused on conducting surveys of consumers of existing and new products and services sold by manufacturers, distributors, and consultants. Data was collected and analyzed to provide information about demand, pricing, design, distribution channels, and delivery systems. A typical project ended with a report prepared for and delivered to the client who had contracted for the work with Survey Masters.
What is correct here? 26 Which of the following is never negative? 27 If the marginal product of labor is 100 and the price of labor is 10, while the marginal product of capital is 200 and the price of capital is $30, then what should the firm? 28 In a production process, an excessive amount of the variable input relative to the fixed input is being used to produce the desired output. This statement is true for: 29 What method of inventory valuation should be used for economic decision-making problems?
The areas of conflict displayed in this case study are as follows: 1) CEO Mike Hammer has attempted on two occasions to cut physician-driven cost, but failed in both attempts. CEO Hammer believed that he was faced with opposition of the staff by their excuses to why they couldn’t cut cost. 2) Marge Harding was hired by CEO Mike Hammer to cut cost. Harding identified EKG interpretation as an area to cut cost. Harding made the decision to fire Dr. Boyer and to switch to a computerized EKG interpretation system with an estimated 100,000 a year cost savings.
2. The processing of payroll for the 10,000 workers in a large firm can alternatively be done using 1 hour of computer time (denoted by K) and no clerks or with 10 hours of clerical time (denoted by L) and no computer time. Computers and clerks are perfect substitutes; for example, the firm could also process its payroll using 1/2 hour of computer time and 5 hours of clerical time. a) Sketch the isoquant that shows all combinations of clerical time and computer time that allows the firm to process the payroll for 10,000 workers. b) Suppose computer time costs $5 per hour and clerical time costs $7.50 per hour.
He looks in to the costs associated with accidents in the work place and references a US study saying in now runs in to the billions for compensation claims each year. The Savery and Lucks example looks at the association with long hours and work place accidents and discuss theories to explain why employees are more likely to fall prone to illness or injury when subjected to long working hours. Due to an increased focus on Occupational Health and safety in workplaces over the last decades, the total amount of hours worked by employees appears to have steadily fallen With this fall in working hours, reported accidents and illnesses declined. Another US study within the Steel industry referenced the number of lost workdays from illness and injury from 1988 through to 1992 was a result of fewer working hours (Robertson, 1994). So the author is suggesting we are getting smarter each year in helping identifying certain job roles that need additional resources to help ease too much over time demands.
The Issue of Poverty and Hunger By: Nolan Kibit Lit III 2nd Hour One in seven people die of hunger, and 2.2 million children die each year because they are not immunized .Many people do not know how large of an effect poverty has on the health crisis that we face. Poverty is an important global issue because it plays a role in the estimated one billion people who lack access to health care systems. Health issues are a main concern for countries with high poverty populations. Poverty effects the way we act and live, and our health effects the way that we behave in the real world. Poverty effects our health in many ways including mental health and diseases, access to vaccinations, malnutrition, and attaining adequate healthcare.