Question & Answer

1.      Why do you think Nicola and Steve are on the defensive? Might the emphasis on core leadership behaviors be handled in a different way? What do you suggest?

Matlock Company uses a perpetual inventory system. Its beginning inventory consists of 50 units that cost $34 each. During June, the company purchased 150 units at $34 each, returned 6 units for credit, and sold 125 units at $50 each. Journalize the June transactions.

The total solidification times of three casting shapes are to be compared: (1) a sphere with diameter = 10 cm, (2) a cylinder with diameter and length both = 10 cm, and (3) a cube with each side = 10 cm. The same casting alloy is used in the three cases. (a) Determine the relative solidification times for each geometry. (b) Based on the results of part (a), which geometric element would make the best riser? (c) If the mold constant = 3.5 min/cm2 in Chvorinov's rule, compute the total solidification time for each casting.

During 2014, Simms Company redeemed $2,000,000 of bonds payable for $1,880,000 cash. Indicate how this transaction would be reported on a statement of cash flows, if at all.

A steel sheet metal part has total surface area = 36 in2. How long will it take to deposit a copper plating (assume valence = +1) of thickness = 0.001 in onto the surface if 15 amps of current are applied?

: Discuss the importance of purpose-driven communications, including vision and mission and ways to persuade and influence others.

Lehman Brothers continued to report positive earnings throughout the spring of 2008, even though mortgage valuations were clearly declining. Nevertheless, some institutional investors were concerned that Lehman Brothers might have been overstating its earnings in 2007 and early 2008. Explain why more complete and accurate disclosure by banks and other financial institutions may help to resolve financial problems. Could managers’ compensation incentives discourage banks from fully disclosing their financial condition? Why or why not? (LO5)

Would it be possible for firms to calculate their maximum-profit output if they did not use marginal cost and marginal revenue concepts?

1.       : Stick to your principles and refuse to fudge the numbers. Tell Tessa you will work overtime to help develop an alternate proposal that stays within the budget by providing more training to employees who work directly with customers and fewer training hours for those who don’t have direct customer contact.

Explain how the Fed increases the money supply through the ample reserves framework. (LO2)

What are the advantages of infiltration in PM?

What important alloy is formed from lead and tin?

ELS, an S corporation, reported a business loss of $1,000,000. Ethan, ELS’s sole shareholder, is involved in ELS’s daily business activities, and he reports $1,200,000 of taxable income from sources other than ELS. What must you know in order to determine how much, if any, of the $1,000,000 loss Ethan may deduct in the current year? Explain.

If a rise in aggregate demand were to encourage firms to invest more, how would this influence the size of the rise in real GDP?

What is rapid prototyping? Provide a definition of the term.

Go through each of the determinants of consumption that were listed in the previous section and consider how they will affect saving. Are there any determinants of consumption in that list which will not cause savings to rise if consumption is caused to fall?

1.      : Adopt Chris Robinson’s proposed changes and show more leniency to first-time offenders. It is a more cost-effective approach to the problem than the current policy, plus it stays close to your father’s original intent.

Describe four personal decision styles used by managers.

Under what conditions might investors consider short selling a specific stock? (LO1)

Determine the blanking force required in Problem 20.2, if the shear strength of the steel = 325 MPa and the tensile strength is 450 MPa.

The following information is available for the pension plan of Radcliffe Company for the year 2014. Actual and expected return on plan assets $ 15,000 Benefi ts paid to retirees 40,000 Contributions (funding) 90,000 Interest/discount rate 10% Prior service cost amortization 8,000 Projected benefi t obligation, January 1, 2014 500,000 Service cost 60,000 Instructions (a) Compute pension expense for the year 2014. (b) Prepare the journal entry to record pension expense and the employer’s contribution to the pension plan in 2014.

1.       : In zero-based budgeting, every account starts at $0, and every dollar added to the budget is supported by an actual, documented need. Identify the possible advantages of zero-based budgeting.

What is an alloy?

Describe some of the fintech innovations in the financial markets. (LO5)

Compare the minimum distribution requirements for traditional IRAs to those of Roth IRAs.