Reference no: EM131358410
Assignment: Financial & Managerial Accounting
I Need these Answered within 3 hours. Do NOT contact me if you cannot do it within the specified time frame.
Answer each of the questions below with a minimum of 125 words each.
QUESTION 1: Although ROI can be a good measure of a company's performance, there can be some drawbacks to using this measure to base management's performance. Some argue that having a performance measure like ROI will cause managers to look more to the short term rather than to focus on solid long-term planning.
This scenario was one that I witnessed at my position with the airplane parts manufacturer. In that company, managers changed from one role to another around every 18 months. Because of this, many managers only focused on what they had to do to meet their metrics for the next year or so. Upper management ended up extending the time for managers to be in a role to at least two years. This did help to get managers focused more on the longer term.
Class, what are some other criticisms of using ROI? Do you agree or disagree?
QUESTION 2: In order to bypass some of the issues associated with ROI, some companies use alternative measures such as residual income. Residual income (RI) uses the following formula:
RI = Operating Income - (minimum return x invested capital) (Williams, Haka, Bettner & Carcello, 2015)
The residual income calculation allows the company to take into consideration a minimum required rate of return. However, some companies go a step further and calculate Economic Value Added (EVA) in order to get a more precise measure of a company's performance.
Class, what can the EVA calculation of a company specifically tell us? What are some examples of companies that use EVA?
QUESTION 3: It is important to find ways to measure a company's performance. One of the earliest systems that was developed to help measure a company's performance is called the DuPont system.
The DuPont system was developed in the early 1900's to help management monitor the company's performance not only in the area of profit, but also in terms of investment. The system focuses on Return on Investment (ROI), which is calculated using the following formula:
ROI = Operating Income / Average Total Assets (Williams, Haka, Bettner & Carcello, 2015) Class, are any of you familiar with ROI? Does your company use ROI as a way to measure performance of invested dollars?
Describe your interactions with a person
: Describe your interactions with a person you have encountered in your past work or community experiences - Organize information clearly in narration of an event or description a person
|
Give an example of an international justice system
: Give an example of an international justice system. How do the various international justice systems cooperate and coordinate in combating global crime? What would happen if the communication among these international justice systems broke down, o..
|
Difference between an sow and the project charter
: Another important document during project planning is the project charter. Some of you have already mentioned it. What is the difference between an SOW and the project charter?
|
Compute e1 and e2 using both the rule of mixtures
: Comment on which values are lower or upper bounds to the real value of each elastic property and what seems to be the best model in each case.
|
What are some other criticisms of using roi
: ACC 400- Although ROI can be a good measure of company's performance, there can be some drawbacks to using this measure to base management's performance. What are some other criticisms of using ROI? Do you agree or disagree?
|
Four contemporary approaches to management
: Explain how the four contemporary approaches to management are different from one another. Define "open systems" and describe the internal, competitive, and macroenvironments of an organization.
|
Give an example of major global crimes
: Give an example of major global crimes. How do these crimes and other criminal issues impact global criminal justice systems? How can we improve the overall effectiveness of strategies employed to combat these global crimes and criminal issues? Ex..
|
Report on quality performance results in new york
: Report on Quality Performance Results in New York State, the latest report card issued by the New York State Department of Health, 2013, and incorporate the information into your evaluation.
|
Compute the fiber weight fraction wf
: The amount of fibers in a composite sample can be determined by a burn-out test.- Compute the fiber weight fraction WFand matrix weight fraction WM.
|