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John is a 24 year old retail employee. John loses his job. He actively seeks work for many months as his savings dwindle and his unemployment insurance benefits are exhausted. In order to avoid eviction, John borrows $1,000 from the local CashFast granting CashFast a security interest in his only vehicle. CashFast only makes loans at the maximum legal interest rate 10% per week, but the $100 is cheaper than eviction. John finds a new job and a second job. Between the two, he works 60 hours each week, but his take home pay is only $408 per week ($8/hour *60=$480 less $36.72 in social security and medicare taxes and $35.28 in income tax). John faithfully makes his $100 payment every week, but is never able to get ahead. Eventually John falls behind. CashFast repossesses John's car, but the head blew a few weeks before and it only sells for $200. CashFast sues John for the difference, its repossession expenses, its collection expenses, attorney fees, and ongoing interest at 520% per year. Please write a short essay discussing John's potential defenses to liabilty under the contract. Your essay should be at least 500 words.
Explain why the four steps involved in the controlling function are important. Why is a good understanding of the various ratios used by accountants and managers important to the controlling function. Give specific examples. Respond substantively ..
Discuss any issues you experienced (delays, availability, etc.) or recommendations you may have with the component procurement process.
Demand for long-stemmed red roses at a small flower shop can be approximated using a normal distribution with mean 25 dozen per day and a standard deviation of 2.5 dozen per day. Profit on the roses is $5.00 per dozen. Leftover flowers are marked dow..
An important part of a projext is to identify the key process input variables (KPIV) and key process output variables (KPOV). Suppose that you are in charge of a hospital emergency room.
what would be the change in annual cost if Burgerama had storage space for only 15 boxes per order and thus was forced to use an order quantity of 15?
If the consultants are paid $16 per hour and the customer waiting time is valued at $25 per hour for waiting time prior to service, should Agan expand to the two-consultant system? Explain.
You are consulting with the owner of Better Bodies, a national chain of gyms. What strategies might Better Bodies use in applying information services to achieve a competitive advantage?
How can Sam make sure that fast food restaurants in China don't make the same mistakes (you define what those mistakes are!) as in the West? Is Sam ready to go ahead with another 15,000 stores? What should be the right time frame for that?
What type of control chart is used to monitor the number of defects per unit? a. p-chart b. R-chart
Cholesterol Palace is a fast-food restaurant. Management was concerned with errors in filling orders at its drive-up window. It hired several undercover quality inspectors to randomly place 100 orders while the process seemed to be in control. The co..
Contact a waste management company. Examine how they track the various products that they pick up from corporate customers, not just individual or home customers. Examine why that company for that region or location or some group of customers does no..
Imagining yourself to be the customer, construct a House of Quality to provide the organization with your perspectives on what the important dimensions of quality are and how well the organization is currently meeting your needs.
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