Read Lecture 3. React to the material in this lecture. Is there anything you found to be unclear about setting up and using Excel for these statistical techniques? Looking at the data, present an ANOVA on the differences by grade mean on a variableother than compa-ratio or salaryyou feel might be important in answering our equal pay for equal work question. Interpret your results.
Category: Business Finance – Accounting
- repare a Management and Organization Vision Statement. You must cite at least five separate sources from the online course material or other resources based on your research. The citation should be a paraphrase of the source. This will likely take you at least 500 words to write an adequate description that at a minimum answers the following learning objectives. You may add additional information that you consider relevant.
- Plan an entrepreneurial management team.
- Define the roles of the management team.
- Define an organizational culture.
- Determine your leadership style.
- Develop growth and exit strategy.
- APA format and Word .doc/.docx required
Woodhaven Service is a small, independent gas station located in the Woodhaven section of Queens. The station has three gasoline pumps and two service bays. The repair facility specializes in automotive maintenance (oil changes, tune-ups, etc.) and minor repairs (mufflers, shock absorbers, etc.). Woodhaven generally refers customers who require major work, such as transmission rebuilds and electronics, to shops that are better equipped to handle such repairs. Major repairs are done in-house only when both the customer and mechanic agree that this is the best course of action.
During the 20 years that he has owned Woodhaven Service, Harold Mateens competence and fairness have built a loyal customer base of neighborhood residents. In fact, demand for his services has been more than he can reasonably meet, yet the repair end of his business is not especially profitable. Most of his competitors earn the lions share of their profits through repairs, but Harold is making almost all of his money by selling gasoline. If he could make more money on repairs, Woodhaven would be the most successful service station in the area. Harold believes that Woodhavens weakness in repair profitability is due to the inefficiency of his mechanics, who are paid the industry average of $500 per week. While Harold does not think he overpays them, he feels he is not getting his moneys worth.
Harolds son, Andrew, is a student at the university, where he has learned the Socratic dictum, To know the Good is to do the Good. Andrew provided his father with a classic text on employee morality, Dr. Weisbrottens Work Hard and Follow the Righteous Way. Every morning for two months, Harold, Andrew, and the mechanics devoted one hour to studying this text. Despite many lively and fascinating discussions on the rights and responsibilities of the employee, productivity did not improve one bit. Harold figured he would just have to go out and hire harder-working mechanics.
The failure of the Weisbrotten method did not surprise Lisa, Harolds daughter. She knew that Andrews methods were bunk. As anyone serious about business knows, the true science of productivity and management of human resources resides in Professor von Drekkens masterful Modifying Organizational Behavior through Employee Commitment. Yes, employee commitment was the answer to everything! Harold followed the scientific methods to the letter. Yet, despite giving out gold stars, blowing up balloons, and wearing a smiley face button, he found Lisas approach no more successful than Andrews.
Download the attached assignment. Read the assignment and complete the required questions.
Final Project
Focus of the Final Project
Select an organization and prepare a strategic plan to grow the business over the next three years. Your strategic plan must include the following:
- Describe your organizations history, products, and major competitors.
- Explain the current situation of the organization in the market.
- Conduct a SWOT analysis (strengths, weaknesses, opportunities and trends) to determine areas that offer opportunities for change.
- Choose at least three areas from your SWOT analysis and explain why the areas you have chosen are essential to your strategic plan. Use theories and examples from your text and additional sources to support your rationale.
- Explain your method to measure the success of your strategic plan.
Your paper must be eight to ten pages in length (excluding the title and reference pages) and formatted according to APA style guidelines as outlined in the Ashford Writing Center. In addition, you must use at least three scholarly sources, in addition to the text. Remember to incorporate information that you have learned from this course as well as your personal experience.
Your Final Project
- Must be eight to ten double-spaced pages in length and formatted according to APA style as outlined in the Ashford Writing Center.
- Must include a title page with the following:
- Title of paper
- Students name
- Course name and number
- Instructors name
- Date submitted
- Must include an introductory paragraph with a succinct thesis statement.
- Must address the topic of the paper with critical thought. If possible, provide the context of a first-person experience where you saw this academic concept in operation.
- Must conclude with a restatement of the thesis and a conclusion paragraph.
- Must use APA style as outlined in the Ashford Writing Center to document all sources.
- Must include a separate reference page that is formatted according to APA style
- Use the Internet or Strayer Library to research two (2) publicly traded U.S. companies and download their financial statements. Assume that you are the CEO of one of the selected companies. You are responsible for gaining control over the other company. You have three (3) choices, any of which you believe that the Board of Directors will support.
- Choice 1: Your company acquires 35% of the voting stock of the target company.
- Choice 2: Your company acquires 51% of the voting stock of the target company.
- Choice 3: Your company acquires 100% of the voting stock of the target company.
3: Write a four to five (4-5) page paper in which you:
- Provide a brief background introduction on both the company that you are working for and the company that you are responsible for gaining control over.
- Specify the overall manner in which the acquisition fits into your companys strategic direction. Next, identify at least three (3) possible synergies that could occur as a result of the proposed acquisition.
- Select two (2) out of the three (3) choices provided in the above scenario and analyze the key accounting requirements for each of the two (2) choices that you selected. Next, suggest one (1) strategy with which you would prepare the financial statements for your company after the acquisition under each of the two (2) choices.
- Select the choice that you consider to be the most advantageous to your company. Explain to the Board of Directors at least three (3) reasons why your selected choice is the most advantageous to the company.
- Assume that two (2) years after the acquisition, your Board of Directors wants to offer the shares back to the public in hopes of making a significant profit. Assume that in each of the two (2) years, your company and the target company have had the same reported net income as they did in the year of acquisition. Determine the type of value (i.e., cost of fair value) that you would use to report the subsidiarys net asset in the subsidiarys financial statements, which the company will distribute to the public with the public offering. Provide support for your rationale.
- Use at least three (3) quality academic resources in this assignment. Note: Wikipedia, Investopedia, and similar Websites do not qualify as academic resources. Use academic resources within the last 3 years.
The fundamental components of financial accounting, including items like assets/liabilities, journal entries, financial statements, debits/credits, and revenues/expenses. Select one of these topics or another item of your interest and discuss what you learned about it and how it will help you as you progress through accounting.
Take a closer look at accounting for inventory with a particular focus on inventory methods. The two primarily covered are referred to as FIFO and LIFO. Discuss what you learned about these methods, how they are alike and different, and why they are important to understand.
- Prepare the Early Management Decisions Statement. You must cite at least 5 separate sources from the online course material or other resources based on your research. The citation should be a paraphrase of the source. This will likely take you at least 500 words to write an adequate description of your Early Management Decisions Statement that answers at a minimum the following learning objectives:
- Define the legal form of business. Why?
- Identify other legal issues such as copyrights, franchises, and patents.
- Identity risks and risk management particularly insurance requirements.
- Determine when outsourcing management and team infrastructure is the best course of action.
- Identify potential suppliers including POS system, accounting, legal, furniture, products…
- Identify a potential location. Why?
- What is unique about your business that you must consider?
- APA format and Word .doc/.docx format is required.
- Create a Financial Plan for your business. This will include an analysis of start-up cost, capital costs, operating cash flow, break-even analysis, and financing alternatives. Be sure to discuss all the assumptions upon which the Financial Plan is based. Every number must have an assumption to support its validity.
- The spreadsheets should provide at least a month to month cash flow projection for the first year and a yearly summary for the first three years. The footnotes must discuss the assumptions.
- The discussion portion should include break-even analysis and financing alternatives. There is no specific word count but this must be complete and robust.
- You may present all the information in a commented Excel spreadsheet or provide the Excel spreadsheet with a separate word document the assumptions but the spreadsheet must be in one of the suggested forms. You do not have to cite sources and APA format is not required.
Assignment 1: Amazon.com Business Combinations and Financial Results Analysis
Due Week 3 and worth 120 points
Search the Internet for acquisitions and equity investments made by Amazon.com during the last five (5) years. Review the 10-K of Amazon.com located at .
Write a three to four (3-4) page paper in which you:
- Examine how at least three (3) growth strategy alternatives utilized by Amazon.com in the global and domestic retail markets influenced profitability and indicate if the strategies were successful.
- Assess the financial value of the acquisitions and investments made by Amazon.com, and the influence of the acquisitions and investments on profitability during the accounting period.
- Analyze the effect of the equity investments and impairments resulting from the acquisitions and investments by Amazon.com on the financial statements and indicate whether the strategy was a creatable one. Provide support for your rationale.
- Create an argument that growth in the European market can have a significant impact on current earnings and profit for Amazon.com. Provide support for your rationale.
- Use at least two (2) quality academic resources in this assignment. Note: Wikipedia and similar websites do not qualify as academic resources. You have access to Strayer Universitys Online Library at or iCampus University Library Research page at .
Your assignment must follow these formatting requirements:
- This course requires use of new . The format is different than other Strayer University courses. Please take a moment to review the SWS documentation for details.
- Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow SWS or school-specific format. Check with your professor for any additional instructions.
- Include a cover page containing the title of the assignment, the students name, the professors name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
“Investments in Common Stock”
- What is the rationale for used the Equity Method for accounting for Investments in the Common Stock of another Corporation? Describe the accounting for Investments in Common Stock under the Equity Method.
- Based on this weeks chapter readings, compare and contrast the differences in accounting for investments between U.S. GAAP and IFRS. Remember to include classification and measurements, fair value options, and impairments in your response.
“Ethics and Investment”
- Discuss the issues raised in Case C13-7 from a financial reporting and ethical perspective.
