Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Golf Challenge Corp. is a retail sports store carrying golf apparel and equipment. The store is at the end of its second year of operation and is struggling. A major problem is that its cost of inventory has continually increased in the past two years. In the first year of operations, the store assigned inventory costs using LIFO. A loan agreement that the store has with its bank, its prime source of financing, requires the store to maintain a certain profit margin and current ratio. The store's owner is currently looking over Golf Challenge's preliminary financial statements for its second year. The numbers are not favorable. The only way the store can meet the required financial ratios agreed on with the bank is to change from LIFO to FIFO. The store orginally decided on LIFO because of its tax advantages. The owner recalculates ending inventory using FIFO and submits those numbers and statements to the officer at the bank for the required review. The owner thankfully reflects on the available latitude in choosing the inventory costing method.
How does Golf Challenge's use of FIFO improve its net profit margin and current ratio?
Is the action by Golf Challenge's owner ethical? Explain. Is the action by Golf Challenge's owner ethical? Explain.
Appraising employee performance on a regular basis has an important influence on an employee’s performance. Coaching is an ongoing task that gives employees instruction and suggestions. Promotion of employees is generally based on recognition of past..
Define the term e-business, and explain at least three practical lessons about effective e-leadership in a virtual organization.
Are there differences in how patients view healthcare vs. how providers view it. Can this result in disagreements about care. Discuss the shortage of staffing in healthcare. Which positions are in short supply, and why. What can be done to alleviat..
based on the strategy created in the previous assignments write a four to five 4-5 page paper in which you follow these
Consider the following aggregate planning problem for one quarter regular time overtime sub contracting. Assume that there is no initial inventory and a forecasted demand of 1,250 units in each of the 3 months. Carrying cost $1 per unit per month. Us..
Healthcare administrators need a solid understanding of physicians and their medical staff activities. Explain the typical categories of medical staff in a community hospital setting.
Henry Crouch's law office has traditionally ordered ink refills 65 units at a time. The firm estimates that carrying cost is 35% of the $9 unit cost and that annual demand is about 245 units per year. For what value of ordering would its action be op..
List some of the criminal activities that fall under the mantle of cybercrime. For instance, (Cybercrime is a fast-growing area of crime. More and more criminals are exploiting the speed, convenience and anonymity of the Internet to commit a diverse ..
What is job evaluation, how does it differ from job analysis and how is it used in establishing an equitable internal job structure? What method(s) does your current (or former) employer use to value jobs? Who are typically involved in job evaluation..
Focus on a governmental agency and how it impacts ethical compliance. Discuss the agencies purpose and what you believe it is doing to combat unethical business practices. If you were in charge of setting policy, what would you do differently?
While monitoring the forecast values based on simple moving average method (averaging period = 3), the tracking signals are consistently coming out as large positive numbers (i.e., 4.0, 6.2, and 5.5). What should we do to the forecast model?
Examine systems mapping for operations and supply chain systems. Research the Japanese auto supply chain for its component parts and previous assessment of the system.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd