a) Assume you are the new global manager for Continental Cruise Ltd, which sails to popular European and Asian cities. You receive the quarterly profit and loss statement reports and notice that it is similar to the financial performance reports for external users. Required: i. What additional information would you require?
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a) Assume you are the new global manager for Continental Cruise Ltd, which sails to popular European and Asian cities. You receive the quarterly
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- 1. Descriptive analysis: What are the profitability benefits for Apple to engage in the following Short Term Business Decisions: a. Make or Buy b. Keep or Replace c. Accept or Reject Special Sales orderMultiple choice: 1. You own a business. Your business is engaged in buying goods at a wholesale price and reselling them at retail prices on Facebook. Your business is a A. service business B. manufacturing business C. merchandising business. D. monkey business 2. Decreases the proprietorship A. Additional investment B. Service income C. Rent expense D. Initial investmentSuppose you work for a well-known local restaurant, and a friend ofyours is an account representative for a supplier of restaurant equipment. You know the restaurant owner is considering upgradingsome of the kitchen equipment. Although you have no purchasingauthority, your friend has asked you to arrange a meeting with therestaurant owner. You have heard unflattering rumors about thissupplier’s customer service.1. Would you arrange the meeting between your friend andyour boss?2. Would you mention the customer service rumors either toyour friend or your boss?3. Would you try to influence the purchase decision in eitherdirection
- CVP Analysis; Commissions; Ethics Lionel Corporation manufactures pharmaceutical products sold through a network of sales agents in the United States and Canada. The agents are currently paid an 18% commission on sales; that percentage was used when Lionel prepared the following budgeted income statement for the fiscal year ending June 30, 2019: Lionel Corporation Budgeted Income Statement For the Year Ending June 30, 2019 ($000 omitted) Sales $28,500 Cost of goods sold Variable $12,825 Fixed 3,500 16,325 Gross profit $12,175 Selling and administrative costs Commissions $ 5,130 Fixed advertising cost 800 Fixed administrative cost 2,150 8,080 Operating income $ 4,095 Fixed interest cost 705 Income before income taxes $ 3,390 Income taxes (30%) 1,017 Net income $ 2,373 Since the completion of the income statement, Lionel has learned that its sales agents are requiring a 5% increase in their commission rate (to 23%) for the upcoming year. As a result, Lionel’s president has…You are part of a team which is reviewing the budget for another Government department. Your line manager was away from the office when an urgent request to review some figures came through. You reviewed the figures, and a more experienced colleague signed them off in the absence of your line manager. A senior colleague from elsewhere in the Treasury has now identified that there was an error in the figures which have been signed off. Do you: A. Review the figures to understand the origin of this error and suggest to the colleague how you think it could be resolved. B. Alert the individual who signed off the figures and ask that they get in touch with the colleague to rectify the issue. C. Contact the colleague and find out the implications for the error and discuss what they would like to do. D. Wait for your line manager to come back and discuss with them the best way to move forward. Q1 Most effective (Required) ОА ОВ ОС OD Q1 Least effective (Required) OA OB OC ODMr. Q was considered as one of the best external auditors in your area. Upon joining the company as an employee, he was appointed as the company’s Compliance Officer. Upon impressing most of the directors about his risk analysis of the company, he was later given another appointment. When the board knew later that he was a registered Certified Internal Auditor, he was later handed his third appointment as Chief Internal Auditor. Finally, he was appointed as VP for Finance. Question: Is there something wrong with these appointments?
- Required: ii) Assuming you and your friend decided to go ahead and start this business, identify specific tpes of financial and nonfinancial information that would be required to run this business effectively. Please give me the correct answers from experts. Shorts and simple . Briefly. ########################### correct answers from experts.There are so many avenues through which the concepts of strategic management could be applied in real life. These include; the development of a strategic plan, development of a business plan, development of business case reports, and development of stakeholder engagement plans among others. One key task that is required by the strategist to perform in developing any of the aforementioned documents is the “design of a business model” for the business in question.Required:a. With reference to the business model canvas (as discussed in class), illustrate how the nine (9) elements interact in ascertaining how a business can sustainably generate revenues.QUES:- If a company’s Board of Directors wants its management to maximize shareholder wealth, should the CEO’s compensation be set as a fixed dollar amount, or should the compensation depend on how well the firm performs? If it is to be based on performance, how should performance be measured? Would it be easier to measure performance by the growth rate in reported profits or the growth rate in the stock’s value? Which would be the better performance measure? Why?
- When reviewing a Profit and Loss report in QuickBooks Online, which report option will quickly show a client income and expenses incurred over the past two years? A. Collapse / expand B. Compare another period > Year-to-date (YTD) C. Compare another period > Previous year (PY) D. Group by E. SortInternal Analysis This assignment is based on the NIKE Company In this section, you will study the internal resources, capabilities, core competencies, and value chain of your selected firm 1 Use the VRIO framework to identify the competitive position held by your firm Which, if any, of these resources are helpful in sustaining the firm’s competitive advantage? 2 Identify the core competencies that are at the heart of the firm’s competitive advantage (Remember, a firm will have only one, or at most a few, core competencies, by definition) Submit a report on you findings that is clearly written, well formatted and thoroughly covers this issue Besides addressing each prompt you should justify your answer with significant detail and examine any implications that the issue has on their business strategyCompany Name: Jollibee Foods Corporation Highlights of your dashboard includes brief information of the company, latest financial information and stock prices