After an in depth study of your company’s daily operation procedure and a situation that you are unable to step in a managerial role because of family responsibilities, I suggest you hire a new manager to take care of daily operation management, focus on 3-4 popular classes, shorten opening hours, and base commissions on performance. My suggestion is based on obtaining better management controls in the following three aspects. People Controls You trust Kate Hoffman so much that you let her
Words: 871 - Pages: 4
Differentiate between the following: active income, passive income, and portfolio income. Sol. 1.Active Income Income an individual earns through participating in some activity with the goal of earning income. Also referred to as earned income. 2.Passive Income Income earned through a trade or investment in which the individual does through little or no effort. Ex:Rental property income managed by management company. 3.Portfolio Income Income is derived directly from investments such as
Words: 323 - Pages: 2
CASE STUDY SOLUTION A. The table or spreadsheet for CSI's unit sales quantity (Q), price (P), optimal advertising level (A), advertising intensity (A/S), and sales revenue (S) is: Quantity Price 5,500 $0 5,570 5 5,631 10 5,683 15 5,725 20 5,758 25 5,781 30 5,795 35 5,800 40 5,795 45 5,781 50 5,758 55 5,725 60 5,683 65 5,631 70 5,570 75 5,500 80 5,420 85 5,331 90 5,233 95 5,125 100 Advertising $25.000 28.125 31.250 34.375 37.500 40.625 43.750
Words: 417 - Pages: 2
Article summary The article I looked at was... Oil and the world economy The new grease? How to assess the risks of a 2012 oil shock This was from the 10th of March online Print edition of the Economist The article looks at increasing oil prices, reasons for the increases and the effects on individual countries and the global economy. Next slide High oil prices have become the latest source of worry for the world economy, and the four main questions everyone is asking in assessing the dangers
Words: 1243 - Pages: 5
observations. Ideas, such as hidden minority rule, activism, visibility's true impact on the average voter, and ideological and social groups, that Bishin describes are supported by Bartels' findings; these findings being senators responsiveness to income groups, citizen's knowledge, and voting actions and more. Bishin's book, Tyranny of the Minority, develops the Subconstituency theory of representation that counteracts the leading theory of representation, the Demand Model. Bishin's synopsis of
Words: 2181 - Pages: 9
should forego a salary and receive dividends from the company. She should also pay dividends to Mark and Gavin to take advantage of income splitting opportunities. | 5 | What tax planning strategies would be of LEAST BENEFIT to Sarah and/or Cognitive Solutions either now or in the future? | Incorrect | The correct answer: investing Sarah's personal funds in income producing stocks through Cognitive Solutions
Words: 287 - Pages: 2
Capitalizing India’s demographic advantage Contents S.no | particular | Page no. | 1 | introduction | | 2 | Stricture of India’s workforce | | 3 | Possible Indian workforce structure by 2020 | | 4 | Comparison of India’s workforce with china china’s workforce | | 5 | Advantages of India’s Demographic Dividend * Cheap labor * Exporting labor force to other countries * Inflow of foreign
Words: 1707 - Pages: 7
company (Intermediate Accounting, 12th ed., pg. 792). It is important to keep paid-in capital separate from earned capital because paid-in capital is not a true reflection of a company’s performance. Net income is the source of earned capital. If the two types of capital not kept separate, the net income would be overstated and show that the company is more profitable than it really is. As an investor, earned capital is more important when attempting to figure out how profitable the company paid-in capital
Words: 482 - Pages: 2
The Positive Theory of Accounting Outline In the text, Scott defines Positive accounting theory (PAT) as: “concerned with predicting such actions as the choices of accounting policies by firms and how firms will respond to proposed new accounting standards.” (263) PAT uses theory to predict the choices that management will make regarding their choice of accounting policies. This theory is introduced as a way to merge efficient securities markets with economic consequences. PAT takes the
Words: 1003 - Pages: 5
[pic] Ford Motor Company By Mario Torres Dr. Lawrence Shao Finance 534 September 9, 2010 Table of Contents Executive Summary Company Overview A. Conduct research on the company’s operations and locations and summarize the company’s financial status for the past 3 years. 1. Operations, locations, markets, and lines of business. 1. Comparison of Ford’s financial statements for the past 3 years. Ratio Analysis A. Perform three year trend and ratio
Words: 1056 - Pages: 5