Imagine that a small manufacturing company decides to invest in a materials resources planning (MRP) system. This is a computerized information system that improves efficiency by automating such work as planning needs for resources, ordering materials, and scheduling work on the shop floor. The company hopes that with the new MRP system, it can grow by quickly and efficiently processing small orders for a variety of products. Which of the human resource functions are likely to be affected by this change? How can human resource management help the organization carry out this change successfully?

Answers

Answer 1

The correct answer to this open question is the following.

Although there are no options attached, we can say the following,

The human resource functions that are likely to be affected by this change are Resource Management, Personal Data Management, Training, and Performance Management.

Human Resource Management helps the organization carry out this change successfully, explaining how these modifications can benefit the employees and the entire organization. HR has to use the proper means of internal communication to explain in advance the kinds of oof changes that are coming. This will prevent fear and anxiety, and eliminate rumors about the situation of the employees in the organization.

HR has to be careful in confirming that nobody is going to be fired by the arrival of new technologies. Then, HR has to explain in detail the many benefits in planning, scheduling, organizing, inventory, and many other benefits for each department. If employees do not feel threatened by this new technology they would welcome changes that allow them to do their work more productively.

Answer 2

The human resource functions that are likely to be affected by this change are Resource Management, Personal Data Management, Training, and Performance Management.

What  is human resource?

Human resources (HR) is the department within a business that is responsible for all things worker-related. That includes recruiting, vetting, selecting, hiring, onboarding, training, promoting, paying, and firing employees and independent contractors.

In simplest terms, the HR department is a group who is responsible for managing the employee life cycle (i.e., recruiting, hiring, onboarding, training, and firing employees) and administering employee benefits.

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Related Questions

Simple interest is paid oniy on the

Answers

Answer:

Principal amount only

Explanation:

Simple interest is calculated based on the principal amount borrowed or the principal deposit. If the principal amount does not change, the simple interest earned will remain a constant figure through the loan or deposit life. Simple interest does not increase or decrease the principal amount.

Simple interest contrast with compound interest that adds interest earned to the principal amount at the end of a season.

How is learning about the elderly and the prices of goods connected to something you know about?

Answers

Learning about the elderly and the prices of goods is connected to inflation because it shows how prices have changed overtime.

What can we learn about inflation from the elderly ?

Learning about the elderly and the prices of goods can be connected to inflation in several ways. One of them is the elderly population tends to have a lower income and may be more sensitive to changes in the prices of goods and services. They may be more affected by inflation, as they may not have the means to adjust their spending habits to accommodate price increases.

Another is the cost of living, which includes the prices of goods and services, is a key factor that affects the standard of living for the elderly population. Inflation can increase the cost of living, making it more difficult for the elderly to afford the necessities of life.

Inflation can also reduce the purchasing power of the elderly, as their fixed income may not keep pace with rising prices. This can make it more difficult for them to afford the goods and services they need, and can lead to a decline in their standard of living.

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McCue Inc.'s bonds currently sell for $1,250. They pay a $90 annual coupon, have a 25-year maturity, and a $1,000 par value, but they can be called in 5 years at $1,050. Assume that no costs other than the call premium would be incurred to call and refund the bonds, and also assume that the yield curve is horizontal, with rates expected to remain at current levels on into the future. What is this bond's Yield to Maturity and its Yield to Call?

Answers

Answer:

YTM = 6.88%.

YTC = 4.26%.

Explanation:

a. Calculation of Yield to Maturity (YTM)

The bond's Yield to Maturity can be calculated using the following RATE function in Excel:

YTM = RATE(nper,pmt,-pv,fv) .............(1)

Where;

YTM = yield to maturity = ?

nper = number of periods = number of years to maturity = 25

pmt = annual coupon payment = $90 = 90

pv = present value = current bond price = $1,250 = 1250

fv = face value or par value of the bond = 1000

Substituting the values into equation (1), we have:

YTM = RATE(25,90,-1250,1000) ............ (2)

Inputting =RATE(25,90,-1250,1000) into excel (Note: as done in the attached excel file), the YTM is obtained as 6.88%.

Therefore, YTM is 6.88%.

b. Calculation of Yield to Call (YTC)

The bond's Yield to call can be calculated using the following RATE function in Excel:

YTC = RATE(nper,pmt,-pv,fv) .....................(3)

Where;

YTM = yield to call = ?

nper = number of periods = number of years to call = 5

pmt = annual coupon payment = $90 = 90

pv = present value = current bond price = $1,250 = 1250

fv = future value of the bond or the amount at which the bond can be called = $1,050 = 1050

Substituting the values into equation (3), we have:

YTM = RATE(5,90,-1250,1050) ............ (4)

Inputting =RATE(5,90,-1250,1050) into excel (Note: as done in the attached excel file), the YTC is obtained as 4.26%.

Therefore, YTC is 4.26%.

With a savings and investment program designed for retirement, you can _?_. Choose all that apply. (personal finance class)

prepare for those emergency expenditures
primarily help your friends and family in time of need
ensure that you will be better prepared for your retirement years
none of the above

Answers

The savings and investment program that is designed for retirement can be used to:

prepare for those emergency expenditures primarily help your friends and family in time of need.ensure that you will be better prepared for your retirement years.

What is an investment?

It should be noted that an investment simply means the dedication of asset in order to attain an increase in value for a period of time.

In this case, the investment van be used to prepare for those emergency expenditures, primarily help your friends and family in time of need and ensure that you will be better prepared for your retirement years.

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Why is competition limited in an oligopoly

Answers

Answer:

High entry costs prevent new producers from entering the market. ... Producers actively segment the market to avoid competition. High entry costs prevent new producers from entering the market.

Explanation:

Hope this helps:)

~Kisame'sAbs

Cost-volume-profit [CVP] analysis is a widely-used, basic business model. Discuss the underlying assumptions made in the application of the model and whether or not these limit the usefulness of the model. Would you rely on the model

Answers

Answer:

Cost-volume-profit [CVP] Analysis

The cost-volume-profit analysis model assumes that the total fixed cost, the variable cost per unit, and the selling price per unit remain constant within the relevant range.

It is very difficult for a company to remain in the relevant range, where the assumptions will be obtained.  Market forces, including the dynamics of competition change the underlying assumptions.  For example, a company may become more efficient in its operations, thereby reducing its variable cost per unit.  The total fixed cost may also change when the company increases its activity levels.

However, these limitations do not make the model less useful.  It can be relied on to make short-run profit and pricing decisions.

Explanation:

The management of a business finds the CVP model useful in making important management decisions, especially decisions that relate to budgeting of production and sales, cost control, and profit planning.  Management uses the CVP model to determine the break-even point in both units and sales dollars.  Overall, management relies on the model to select its competitive products.

Which of the following best defines the term "cost per hire?"
A. The amount it costs to attract, evaluate, and hire a job candidate
B. The cost of internal versus external recruitment sources
OC. The average cost of advertising a job posting
D. The cost of training a new employee

Answers

D is your answer

This answer to me would be the most logical because if I were to hire someone I would consider the “cost per hire” to be the cost of training the person I just hired.

Hope this helps have an excellent day!

What are the values of entrepreneurship

Answers

Answer: what r value of entrepreneurship

Explanation:      Bravery. In recognizing and pursuing and opportunity, an entrepreneur requires bravery. ...

Vision. Vision guides the entrepreneur through the business planning process, clarifying the opportunity and setting goals for the organization. ...

Respect for self and others. ...

Trust. ...

Honesty. ...

Generosity. ...

Fortitude.      if thats what u mean by this question

How have pensions changed? Why are 401K plans not working for all Americans?

Answers

In brand new staff, the 401k has largely replaced the traditional pension—Census researchers estimate that 79% of Americans now work for an enterprise that sponsors a 401k style retirement plan.

At the same time as the 401k is one of the quality to be had retirement saving alternatives for many people, simply forty one% of people make a contribution to one, in keeping with the U.S. Census Bureau. That is brilliant given the number of personnel who've get right of entry to to business enterprise-sponsored plans: 68% of employed people.

What's a 401k How does it work?

A 401k is a retirement savings and making an investment plan that employers provide. A 401k plan offers employees a tax ruin on money they make a contribution. Contributions are robotically withdrawn from employee paychecks and invested in budget of the employee's selecting (from a list of to be had services).

How tons money is typically in a 401k?

The average 401k balance is $129,157, in step with forefront's 2021 analysis of over 5 million plans. however the general public do not have that a great deal stored for retirement. The median 401k balance is considerably lower at $33,472, more reflective of ways most people keep for retirement.

What occurs to my 401k when I end?

After you go away your activity, there are several alternatives in your 401k. you will be capable of leave your account in which it's miles. instead, you can roll over the money from the old 401k into either your new organization's plan or an person retirement account (IRA).

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Vintage Manufacturing Inc makes a product which goes through three processesShaping, Baing and Packaging On May 1, 2023, Vintage Manufacturing Inc. had 120,000 units in its work in processInventory, 100% complete with respect to materials and 20% complete with respect to Conversion costs The beginning inventory. materials was valued at $130,000 and conversion:$33.600. During May, 160,000 units were startedin the Shaping Department with 170,000 units transferred to the Baking department during the month. The total cost of material is S570,000 and the total Conversion cost is S1,036.400 Materials are added at the beginning of the process. On May 31, 2023 the company's ending work in procesS was 40% complete as to conversion cost and 100% complete as to materials Required: Using the above information complete the Production Cost Report for the Shaping department​

Answers

The Production Cost Report for the Shaping department is as follows:

Vintage Manufacturing Inc. - Production Cost Report (Shaping Department)

------------------------------------------------------------

Units:

- Beginning Inventory: 120,000 units

- Units started: 160,000 units

- Units transferred out: 170,000 units

- Ending Inventory: 110,000 units

Costs:

- Beginning Inventory:

 - Materials: $130,000

 - Conversion: $33,600

- Current Costs:

 - Total Materials Cost: $570,000

 - Total Conversion Cost: $1,036,400

Cost per Equivalent Unit:

- Materials: $570,000 / (160,000 + 120,000) = $1.71 per unit

- Conversion: $1,036,400 / (160,000 + 120,000) = $3.13 per unit

Cost Assignment:

- Transferred out:

 - Materials Cost: 170,000 units x $1.71 per unit = $290,700

 - Conversion Cost: 170,000 units x $3.13 per unit = $531,100

Ending Inventory:

Materials Cost: 110,000 units x $1.71 per unit = $188,100

Conversion Cost: 110,000 units x $3.13 per unit x 40% complete = $137,720

The Production Cost Report for the Shaping department provides information on the units and costs involved in the manufacturing process.

It shows the quantity of units in different stages, including the beginning and ending inventories, units started, and units transferred out. The report also breaks down the costs into materials and conversion costs.

To calculate the cost per equivalent unit, the total materials and conversion costs for the period are divided by the equivalent units of production (units started plus beginning inventory).

This helps in determining the cost per unit for both materials and conversion.

The cost assignment section calculates the cost of the units transferred out and the ending inventory.

For the units transferred out, the cost per unit is multiplied by the number of units transferred. For the ending inventory, the cost per unit is multiplied by the remaining units in inventory and the percentage of completion for conversion costs.

In this case, the Shaping department had a beginning inventory of 120,000 units. During May, 160,000 units were started, and 170,000 units were transferred out.

The ending inventory was 110,000 units. The costs were allocated accordingly, taking into account the cost per unit and the percentage of completion.

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is it right to kick someone out just because they are not on the lease and or had been evicted in the past?

Answers

Depends on the situation, look at it from both arguments to come up with a clear answer

Santos Co. is preparing a cash budget for February. The company has $20,000 cash at the beginning of February and anticipates $75,000 in cash receipts and $100,250 in cash payments during February. What amount, if any, must the company borrow during February to maintain a $5,000 cash balance

Answers

Answer:

$10,250

Explanation:

The Cash Budget for February can be summarized as :

Receipts                                    $75,000

Less Payments                       ($100,250)

Cash movement                      ($25,250)

Beginning Balance                   $20,000

Ending Balance                         ($5,250)

Desired Balance                        $5,000

Amount to be Borrowed          $10,250

The company must borrow $10,250 ($5,000 + $5,250) during February to maintain a $5,000 cash balance.

How long should a résumé be

Answers

Answer:

Mark Brainliest

Explanation:

For most candidates, a resume should be only one page. Be brief and concise with anything you write on your resume. Customize your resume for the job you're applying for and include only relevant experience. If you've done everything right, you shouldn't get past one page

In most countries, ________ are the major buyers of goods and services. They typically require suppliers to submit bids and often award the contract to the lowest bidder.
A) consumer packaged-goods companies
B) government organizations
C) health services vendors
D) educational institutions
E) households

Answers

Answer:

B) government organizations

Explanation:

From the question, one might be tempted to believe that households(option E) is the correct answer, but households would not require suppliers to  submit bids.

The process of requesting bids and awarding contracts to the lowest bidder is peculiar to government establishments as they often required to keep expenses at the lowest minimum possible in order to stay within the budget expenditure earmarked for the year.

All in all, without any iota of doubt, option B is the most  appropriate in this circumstance

If you co-sign for a friend's credit card, what is the danger to you if your friend fails to pay?
A.
You might get secured credit.
B.
You might have to pay extra money in taxes.
C.
Your credit score might go down.
D.
Your credit score might go up.


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

C

Explanation:

Companies should look at the specific target markets of competitors to benefit from market research efforts already done and to learn about consumers in the target market. True or False

Answers

It is a true statement that companies should look at the specific target markets of competitors to benefit from market research efforts already done and to learn about consumers in the target market.

Should companies look at competitors' target markets for research?

Companies will benefit from studying the target markets of their competitors as part of their market research efforts because it helps to gain insights into the needs, preferences, and behavior of consumers in those markets.

So, this can inform their own marketing strategies and product development. Also, its helps to analyse the strengths and weaknesses of competitors' marketing approaches which help companies identify opportunities for differentiation and competitive advantage.

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yêu cầu về sự tuân thủ quy trình chuẩn mực chuyên môn nghề nghiệp

Answers

Answer:

Các chuyên gia về tuân thủ và đạo đức (CEP) hiểu rằng các dịch vụ chúng tôi cung cấp yêu cầu các tiêu chuẩn cao nhất về tính chuyên nghiệp, tính chính trực và năng lực. Thực hiện các chính sách, thủ tục và tiêu chuẩn ứng xử bằng văn bản. Chỉ định một nhân viên tuân thủ và ủy ban tuân thủ. Thực hiện đào tạo và giáo dục hiệu quả.

Explanation:

The HR department at Clearwater Electronics has been asked to develop a job description for a new managerial position in Dubai. Clearwater’s policy states that subsidiary managers should be employees from the parent company. What benefits does the company hope to realize from this ethnocentric approach?

Answers

dang no quema cuh

Explanation:

How could a manager learn what is right and wrong?

Answers

Answer:

by leading the members of his department.and by giving instructions.

A promissory note can best be described as __________., a. an interest-bearing IOU, b. a guarantee of a line of credit, c. a commitment to lend money to someone, d. a government-backed bond

Answers

A promissory note can best be described as: a. an interest-bearing IOU.

What is promissory note?

Promissory note can be defined as a written note that help to shows that a person who lend a money from another person  promise to payback. The note contains  a promise by the borrower to pay back the lender within a stipulated period of time.

A promissory note can tend to be described as IOU which full meaning is I OWE YOU which implies that a borrower is telling the lender that he/she owe the lender some certain amount of money which  the borrower will have to payback.

A promissory note also contains the terms and conditions of the agreement  and this terms and agreement includes the following :

The principal amountThe loan maturity dateThe interest  etc

Therefore we can conclude that the correct option is A.

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East Valve Distributors distributes industrial valves and control devices. The Eastern control device has an annual demand of 9,375 units and sells for $100 per unit. The cost of ordering is $40 per order and the average carrying cost per unit per year is $0.75. Determine the economic order quantity.

Answers

Answer:

1000

Explanation:

Given:

Annual DEMAND, D = 9375

Holding cost, H = 0.75

Cost per order, S = 40

The Economic order quantity :

EOQ = √[(2 * D * S) / H]

EOQ = √[(2 * 9375 * 40) / 0.75]

EOQ = √[(750000) / 0.75]

EOQ = √1000000

EOQ = 1000

Match the methods to monitor on-floor selling activity and sales effectiveness to the scenario that portrays them.

Answers

Monitoring on-floor selling activity and sales effectiveness can be done through various methods that help retailers make informed decisions about their store's performance.

Here are some methods for monitoring on-floor selling activity and sales effectiveness:1. Mystery shoppingThis is where retailers hire a third-party to pose as a customer and visit the store to evaluate the level of service and sales effectiveness. Mystery shoppers can be used to evaluate different areas of the store, such as customer service, product knowledge, and sales techniques. The results can be used to identify areas of weakness and opportunities for improvement.2. Point of sale data analysisThis involves analyzing sales data collected at the checkout. This method can provide insights into sales trends, popular products, and the effectiveness of promotions and sales strategies. Retailers can use this data to make informed decisions about their store's inventory and pricing.3. In-store camerasInstalling cameras on the sales floor can help retailers monitor customer behavior, such as how long they spend in a particular area and which products they are looking at. Retailers can use this information to improve store layout and product placement.4. Customer feedback forms Retailers can use feedback forms to gather information about customers' experiences in the store.

This can include questions about the level of service, product availability, and overall satisfaction. Retailers can use this information to identify areas of improvement and make changes to the store's operations.5. Sales tracking softwareRetailers can use sales tracking software to monitor sales performance and set sales goals. This software can provide real-time updates on sales data and identify areas of strength and weakness. Retailers can use this information to make informed decisions about their store's operations and sales strategies.In conclusion, retailers can use different methods to monitor on-floor selling activity and sales effectiveness. These methods include mystery shopping, point of sale data analysis, in-store cameras, customer feedback forms, and sales tracking software. The choice of method will depend on the retailer's goals and the specific areas they want to evaluate.

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You decide to decrease the price of your product to increase total sales revenue, because you believe your product's demand is

A) perfectly inelastic
B) unit elastic
C) price elastic
D) price inelastic

Answers

Answer:

C) price elastic.

Explanation:

California enacted the Wine Fair Dealing Act, which requires out-of-state suppliers of wine to show good cause if they wish to terminate a distributorship. In-state suppliers of wine are exempt from this requirement and can cancel at will. A New York wine supplier wants to end its relationship with a California firm. The California firm, invoking the operative provision of the Wine Fair Dealing Act, objects because the New York firm has not demonstrated good cause for the termination. The New York supplier argues that this provision of California law violates the commerce clause of the United States Constitution. Is the commerce clause violated? Why?

Answers

The issue at hand is whether the provision of California's Wine Fair Dealing Act, which imposes a requirement on out-of-state wine suppliers to show good cause for terminating a distributorship while exempting in-state suppliers, violates the commerce clause of the United States Constitution.

The commerce clause, found in Article I, Section 8, Clause 3 of the Constitution, grants Congress the power to regulate interstate commerce. It prohibits states from enacting laws that unduly burden or discriminate against interstate commerce.

In this case, the provision of the Wine Fair Dealing Act, which treats in-state suppliers differently from out-of-state suppliers, raises concerns of discrimination against interstate commerce. It creates a distinction based on the supplier's location, granting preferential treatment to in-state suppliers by allowing them to terminate distributorships at will without having to demonstrate good cause.

The commerce clause is designed to promote a unified and free national market by preventing states from erecting barriers or imposing burdens on interstate trade. When a state law discriminates against out-of-state economic interests, it is subject to strict scrutiny and is usually struck down unless it can be justified by a legitimate local purpose that cannot be adequately served by non-discriminatory means.

In this case, it is arguable that the provision of the Wine Fair Dealing Act violates the commerce clause because it places an additional burden on out-of-state wine suppliers and grants preferential treatment to in-state suppliers. This discriminatory treatment may hinder the free flow of goods and interfere with the efficient functioning of the national market.

However, it is important to note that the ultimate determination of whether the commerce clause has been violated would depend on the specific facts of the case and the arguments presented by both parties. Legal analysis and court interpretation would be necessary to reach a definitive conclusion.

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Discuss a time you had to make a difficult decision and how your social background and personality impacted your choice(s).

Answers

The correct answer to this open question is the following.

There was a time when I had to make a difficult decision and my social background and personality impacted my choice.

I use to hang out with what I considered to be very good or close friends. We were part of the football team.

Everything was good. We used to be very close on the football field, in school, and in social life.

However, one day, something ugly happened when one of these guys had a problem with a group of students. Indeed, they were immigrants and they were what we call "geeks." They were shy boys and girls, from another country, did not like sports, and behave differently from what is common for an American student.

This guy treats those students very badly. He was rude, disrespectful, and aggressive. I knew those immigrant students and had a decent relationship with them, and honestly, I didn't like the way they were treated.

So that day I had to confirm "my friend" to stop his behavior. Of course, he did not like my position and fired back at me. My social background and personality made me defend what I considered was right. Every single person deserves respect, no matter the color of skin, race, or social class. That is what my family taught me and that is what I believe in.

The consequence was that those teammates started to be cold in their relationship with me. I understood. They had their beliefs.

On the other hand, I gain new friends that accept me the way I am, and by the way, they help me a lot by explaining what I do not understand in class.

So, my personality and conviction made me lose some "friends" but at the same time, I made new ones.

Which function of marketing stimulates sales, encourages customer loyalty, and communicates methods of payment?

Answers

One key function of marketing that stimulates sales, encourages customer loyalty, and communicates methods of payment is promotion.

Promotion is an integral part of the marketing mix and involves various activities aimed at creating awareness, generating interest, and influencing customers' purchasing decisions.

Through promotional strategies such as advertising, sales promotions, public relations, and direct marketing, businesses can effectively communicate the benefits and value of their products or services to the target audience. This creates a sense of urgency and drives sales by enticing customers to make a purchase.

Moreover, promotions can be designed to foster customer loyalty by offering exclusive discounts, rewards, or loyalty programs. These initiatives not only incentivize repeat purchases but also enhance the overall customer experience, fostering long-term relationships with the brand.

Additionally, promotions often include clear messaging about different methods of payment accepted by the business. By communicating convenient and flexible payment options, such as credit cards, online payments, or installment plans, customers feel empowered and informed about how to complete their transactions.

In summary, promotion plays a vital role in stimulating sales, cultivating customer loyalty, and effectively communicating methods of payment, thereby contributing to the overall success of a marketing strategy.

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Warehouses
WI
W2
W3
S1
14
12
10
Stores
S2
16
14
16
S3
12
10
8
S4
20
8
15

Answers

Based on the given information, it appears to be a representation of quantities of goods stored in warehouses and sold in stores.

The warehouses are labeled as WI, W2, and W3, while the stores are labeled as S1, S2, S3, and S4. The numbers listed below each warehouse represent the quantities of goods stored in each warehouse, while the numbers listed below each store represent the quantities of goods sold in each store.

For example:

- Warehouse WI has 14 units of goods.

- Warehouse W2 has 12 units of goods.

- Warehouse W3 has 10 units of goods.

Similarly, for the stores:

- Store S1 has sold 16 units of goods.

- Store S2 has sold 14 units of goods.

- Store S3 has sold 12 units of goods.

- Store S4 has sold 20 units of goods.

It seems to be a simple inventory representation, showing the quantities of goods stored in each warehouse and sold in each store.

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As a Paralegal, you have been asked to prepare a contract for your client based upon the following: Client: Tire Manufacturer, FT. Wayne, Indiana. The client is contracting to provide 15,000 tires per month to Car Assembly Plant in Louisville, Kentucky for the next 3 years. The price agreed upon is $30 per tire. The tires must be all-weather with a 60,000-mile warranty. It will be a destination contract. The car Assembly Plant is insistent that the tires be delivered in a manner so that there is always only a two-day supply stored at the Car Assembly Plant. The plant does not have enough room to store any additional tires. They would like there to be a penalty if the Tire Manufacturer brings too many. Your client is concerned about this provision as the number of cars manufactured each day varies. Car Assembly Plant is also concerned that the tire supply is never delayed because Car Assembly Plant has to pay the assembly workers if the assembly line stops because there are no tires. Car Assembly Plant wants Tire Manufacturer to pay for any downtime expenses due to lack of tires. Your Client would like there to be an Arbitration clause and that Indiana is the state to resolve issues. Additionally, there should be a Liquidation clause and a non-disclosure clause. Prepare a contract for your client. Attach the completed contract.

Answers

The question is about a contract between the Car assembly plant and tire manufacturer.

Supply Agreement is effective {date} between

Tire Manufacturer, FT. Wayne, Indiana.  {the supplier}

and Car Assembly Plant in Louisville, Kentucky. {the purchaser}

Whereas Tire Manufacturer will supply Car Assembly Plant with 15,000 tires per month at a fixed rate of USD 30/- per tire for the next 3 years. The tire will be all-weather and a warranty of 60,000 mile is agreed.

The supply of the tire will be delivered by the Tire Manufacturer according to the daily needs of Car Assembly, the number of tires to be delivered will be communicated five days earlier and the tires should arrive at Car Assembly with in three days, failure to do so will result in a penalty. If the number of tire delivered are more than the number of tires ordered will result in penalty.

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Omaha Beef Co. purchased a delivery truck for $50,000. The residual value at the end of an estimated eight-year service life is expected to be $10,000. The company uses straight-line depreciation for the first six years. In the seventh year, the company now believes the truck will be useful for a total of 10 years (four more years), and the residual value will remain at $10,000. Calculate depreciation expense for the seventh year.

Answers

Answer:

2500

Explanation:

First depreciate for 6 years using regular method: (Cost - Salvage Value)/Initial Useful life

(50,000-10,000)/8 = 5000 <- this is annual depreciation

For 6 years, $30,000 accumulated depreciation

Now to calculate change in useful life, you do (Cost - Accumulated Depreciation - Salvage Value)/Remaining Useful life

Remaining Useful life = 10-6 = 4

(50,000-30,000-10,000)/4 = 2500

PLC Ltd. found the following debts to be bad on the dates shown

Answers

The acronym PLC, which stands for a public limited company, indicates that the firm's shares are publicly traded. It is the British equivalent of "Inc." in the United States.

What is PLC?

In the United Kingdom, a public limited company (PLC) is a type of public business. PLC is the counterpart of a publicly listed firm in the United States that uses the Inc. or corporation classification. The inclusion of the PLC acronym following a business's name is required, and it informs investors and anybody interacting with the firm that it is a publicly listed corporation. PLC, which stands for a public limited company, is an acronym for public corporations in the United Kingdom.

PLCs make up the majority of the firms listed on the London Stock Exchange. A PLC shares can be purchased by any regular investor. Unlike privately held companies, public companies are required to publish financial data and disclosures to the public on a regular basis.

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