Assignment oneDeliverable Length 5 - 7 slides with speaker n.docx
- 1. Assignment one Deliverable Length: 5 - 7 slides with speaker notes of 200 - 250 words per slide (excluding Title and Reference slides) You, as a HR Generalist, have been asked by your HR Director for your recommendations in terms of what tools your organization could use to better manage the talents of your employees. This will help to develop policies and procedures in managing your human capital. Please develop a PowerPoint presentation to your Director addressing the following: · Describe and analyze the broad range of talent management efforts that use software applications to help you Director to make an educated decision. · Give some examples of firms that have successfully used these applications. · Describe how these efforts are useful in terms of strategic human capital management. Assignment two Deliverable Length: 7-10 pages You are the Chief Human Resource Officer (CHRO) at your organization. As the CHRO, one of your primary roles is to be the workforce strategist. Your organization is planning to expand business operations to your neighboring state by opening an office. As a result of this expansion, your organization needs to make sure that the best and brightest employees are recruited to fill key roles at the new office. Write a 7-10 page research paper using APA style outlining the steps involved in recruiting the staff at the new office. Grading Criteria: 1. The student researched the legal statues affecting the selection and hiring of employees. 2. The student identified the number and type of positions that
- 2. need to be filled at the new office. Moreover, the student discussed qualifications, e.g., education level and number of years of experience, associated with each position. 3. The student researched, evaluated and chose several selection devices such as interviews or ability tests to reject or accept applicants. Moreover, the student assessed the weaknesses and strengths of these selection devices. 4. The student researched, evaluated and chose whether or not to utilize integrity testing and drug testing. 5. The student applied correct APA, style, usage, grammar, and punctuation. 6. The student supported the research paper with at least four different scholarly sources such as research journals, research studies, government or accredited educational institutions websites. Use the following information to answer this question. The most recent balance sheet and income statement of Tcramoto Corporation appear below; Comparative Balance Sheet Assets: Cash and eash equivalents A c c o u n t s receivable Inventory Plant and equipment Less accumulated depreciation Total assets L i a b i l i t i e s and stockholders' equity Accounts payable
- 3. Wages payable Taxes payable Bonds payable Deferred taxes Common stock Retained earnings Total l i a b i l i t i e s and stockholders' equity Ending Balance $43 53 73 582 301 $450 $57 21 15 21 20 55 261 $450 Beginning Balance S35 59 69
- 4. 490 286 $367 $48 18 13 20 21 50 197 $367 Income Statement Sales Cost of good sold Gross margin Selling and a d m i n i s t r a t i v e expense Net operating income Income taxes Net income $893 587 306 189 117 35 $82 1. The net cash provided by (used by) investing activities for the year was
- 5. A. $77. B. $92. C. ($77). D. ($92). 2. Cridwell Company's selling and administrative expenses for last year totaled $210,000. During the year, the company's prepaid expense account balance increased by $18,000, and accrued liabilities increased by $12,000. Depreciation charges for the year were $24,000. Based on this information, selling and administrative expenses adjusted to a cash basis under the direct method on the statement of cash flows would be A. $228,000. B. $192,000. C. $180,000. D. $240,000. 3. Degner Inc. has some material that originally cost $19,500. The material has a scrap value of $13,300 as is, but if reworked at a cost of $2,100, it could be sold for $14,000. What would be the incremental effect on the company's overall profit of reworking and selling the material rather than selling it as is as scrap? A.-$1,400
- 6. B. $11,900 C. -$7,600 D. -$20,900 4. Which of the following would be classified as a financing activity on the statement of cash flows? A. Interest received on investments in another company's bonds B. Dividends paid to shareholders of the company on the company's common stock C. Dividends received on investments in another company's common stock D. Interest paid on bonds issued by the reporting company Use the following information to answer this question. The most recent balance sheet and income statement of Teramoto Corporation appear below: 01 Ending Beginning Comparative Balance Sheet Balance Balance Assets: Cash and cash equivalents $43 $35 Accounts receivable 53 59 Inventory 73 69 Plant and equipment 582 490 Less accumulated depreciation 301 286 Total assets $450 $367
- 7. Liabilities and stockholders' equity Accounts payable $57 $48 Wages payable 21 18 Taxes payable 15 13 Bonds payable 21 20 Deferred taxes 20 21 Common stock 55 50 Retained earnings 261 j_97 Total liabilities and stockholders' equity $450 $367 Income Statement Sales $893 Cost of good sold 587 Gross margin 306 Selling and administrative expense 189 Net operating income 117 Income taxes 35_ Net income $82 5. The net cash provided by (used by) operations for the year was A . $ 5 2 . B. $ 1 1 2 . C. $117. D. $30. 6. Kava Inc. manufactures industrial components. One of its products, which is used in the construction of industrial air conditioners, is known as K65. Data concerning
- 8. this product are given below: Per Unit Selling price $180 Direct materials $29 Direct labor $5 V a r i a b l e manufacturing overhead $4 Fixed manufacturing overhead $21 Variable selling expense $2 Fixed selling and administrative expense $17 The above per unit data are based on annual production of 4,000 units of the component. Direct labor can be considered to be a variable cost. (Source: CMA, adapted) The company has received a special, one-time-only order for 500 units of component K65. There would be no variable selling expense on this special order, and the total fixed manufacturing overhead and fixed selling and administrative expenses of the company wouldn't be affected by the order. Assuming that Kava has excess capacity and can fill the order without cutting back on the production of any product, what is the minimum price per unit on the special order below which the company shouldn't go? A. $78 B. $59
- 9. C. $38 O . $ 1 8 0 7. Which of the following would be considered a "use" of cash for the purpose of constructing a statement of cash flows? A. Amortizing a patent B. S e l l i n g the company's own common stock to investors C. Purchasing equipment I). Issuing long-term debt Use the following information to answer this question. The most recent balance sheet and income statement of Tcramoto Corporation appear below: r *• n i ci , E n d i n g Beginning Comparative Balance Sheet ,, , , . Balance Balance Assets: Cash and cash equivalents $43 $35 Accounts receivable 53 59 Inventory 73 69 Plant and equipment 582 490 Less accumulated depreciation 301 286 Total assets $450 $367
- 10. Liabilities and stockholders' equity Accounts payable $57 $48 Wages payable 21 18 Taxes payable 15 13 Bonds payable 21 20 Deferred taxes 20 21 Common stock 55 50 Retained earnings 261 197 Total l i a b i l i t i e s and stockholders' equity $450 $367 Income Statement Sales $893 Cost of good sold 587 Gross margin 306 Selling and administrative expense 189 Net operating income 117 Income taxes 35 Net income $82 Cash dividends were $18. 8. The net cash provided by (used by) financing activities for the year was A. ($12). B. $5. C. ($18). D . $ l . 9. The Clcmson Company reported the following results last year for the manufacture and sale of one of its products known as a Tarn.
- 11. Sales (6,500 Tarns at $130 each) $845,000 V a r i a b l e cost of sales 390,000 Variable distribution costs 65,000 Fixed advertising expense 275,000 Salary of product line manager 25,000 Fixed manufacturing overhead 145,000 Net operating loss $(55,000) Clemson Company is trying to determine whether to discontinue the manufacture and sale of Tarns. The operating results reported above for last year are expected to continue in the foreseeable future if the product isn't dropped. The fixed manufacturing overhead represents the costs of production facilities and equipment that the Tarn product shares with other products produced by Clemson. If the Tarn product were dropped, there would be no change in the fixed manufacturing costs of the company. Assume that discontinuing the manufacture and sale of Tarns will have no effect on the sale of other product lines. If the company discontinues the Tarn product line, the change in annual operating income (or loss) should be a A. $55,000 decrease. B. $90,000 decrease.
- 12. C. $65,000 decrease. D. $70,000 increase. 10. Products A, B, and C are produced from a single raw material input. The raw material costs $90,000, from which 5,000 units of A, 10,000 units of B, and 15,000 units of C can be produced each period. Product A can be sold at the split-off point for $2 per unit, or it can be processed further at a cost of $12,500 and then sold for $5 per unit. Product A should be A. processed further, since this will increase profits by $12,500 each period. B. sold at the split-off point, since further processing w i l l result in a loss of $2,500 each period. C. processed further, since this w i l l increase profits by $2,500 each period. D. sold at the split-off point, since further processing would result in a loss of $0.50 per unit. Use the following information to answer this question. Financial statements for Larkins Company appear below: Larkins Company Statement of Financial Position December 31, Year 2 and Year 1 (dollars in thousands) Year 2 Year 1 Current assets:
- 13. Cash and marketable securities $180 $180 Accounts receivable, net 210 180 Inventory 130 120 Prepaid expenses 50 50 Total current assets 570 530 Noncurrent assets: P l a n t & equipment, net 1,540 1,480 Total assets $2,110 $2,010 Current liabilities: Accounts payable $ 100 $ 130 Accrued liabilities 60 60 Notes payable, short term 90 120 Total current liabilities 250 310 Noncurrent liabilities: Bonds payable 480 500 Total l i a b i l i t i e s 730 810 Stockholders' equity: Preferred stock, $20 par, 10% 120 120 Common stock, $10 par 180 180 Additional paid-in capital—common stock 240 240 Retained earnings 840 660 Total stockholders' equity 1,380 1,200 Total liabilities & stockholders' equity $2,110 $2,010 Larkins Company Income Statement
- 14. For the Year Ended December 31, Year 2 (dollars in thousands) Sales (all on account) $2,760 Cost of goods sold 1,930 Gross margin 830 Selling and administrative expense 330 Net operating income 500 Interest expense 50 Net income before taxes 450 Income taxes (30%) 135 Net income $315 Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150. 11. Larkins Company's return on common stockholders' equity for Year 2 was closest to: A. 26.9%. B. 25.9%. C. 24.4%). D. 23.5%. 12. A project profitability index greater than zero for a project indicates that A. there has been a calculation error. B. the company should reevaluate its discount rate.
- 15. C. the project is unattractive and shouldn't be pursued. D. the discount rate is less than the internal rate of return. 13. (Ignore income taxes in this problem.) The Keego Company is planning a $200,000 equipment investment that has an estimated five-year life with no estimated salvage value. The company has projected the following annual cash flows for the investment: Year 1 2 3 4 5 Cash Inflows $120,000 60,000 40,000 40,000 40,000
- 16. Total $300,000 Assuming that the cash inflows occur evenly over the year, the payback period for the investment is years. A. 4.91 B. 2.50 C. 0.75 D. 1.67 Use the following information to answer this question. Financial statements for Larkins Company appear below: Larkins Company Statement of Financial Position December 31, Year 2 and Year 1 (dollars in thousands) Year 2 Year 1 Current assets: Cash and marketable securities $180 $180 Accounts receivable, net 210 180 Inventory 130 120 Prepaid expenses 50 50 Total current assets 570 530 Noncurrent assets: Plant & equipment, net 1,540 1,480
- 17. Total assets $2,110 $2,010 Current liabilities: Accounts payable $ 100 $ 130 Accrued liabilities 60 60 Notes payable, short term 90 120 Total current liabilities 250 310 Noncurrent l i a b i l i t i e s : Bonds payable 480 500 Total liabilities 730 810 Stockholders' equity: Preferred stock, S20 par, 10% 120 120 Common stock, S10 par 180 180 Additional paid-in capital—common stock 240 240 Retained earnings 840 660 Total stockholders' equity 1,380 1,200 Total liabilities & stockholders' equity $2,110 $2,010 L a r k i n s Company Income Statement For the Year Ended December 31, Year 2 (dollars in thousands) Sales (all on account) $2,760 Cost of goods sold 1.930 Gross margin 830 Selling and administrative expense 330 Net operating income 500 Interest expense 50 Net income before taxes 450
- 18. Income taxes (30%) 135 Net income $315 Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150. 14. Larkins Company's dividend payout ratio for Year 2 was closest to: A. 24.6% B. 42.9% C. 40.6% D. 14.8% 15. Fonics Corporation is considering the following three competing investment proposals: Aye Bee Cee Initial investment required $62,000 $74,000 $95,000 Net present value $10,000 $8,000 $12,000 Internal rate of return 15% 17% 18% Using the project profitability index, how would the above investments be ranked (highest to lowest)? A. Aye, Cee, Bee B. Bee, Ccc, Aye
- 19. C. Aye, Bee, Cee D. Cee, Bee, Aye 16. Pan N19 is used by Malouf Corporation to make one of its products. A total of 7,000 units of this pan arc produced and used every year. The company's Accounting Department reports the following costs of producing the part at this level of activity: Per Unit Direct materials $2.20 Direct labor $8.50 V a r i a b l e m a n u f a c t u r i n g overhead $ 1.30 Supervisor's salary $5.80 Depreciation of special equipment $7.20 Allocated general overhead $4.60 An outside supplier has offered to make the part and sell it to the company for $24.50 each. If this offer is accepted, the supervisor's salary and all of the variable costs, including the direct labor, can be avoided. The special equipment used to make the part was purchased many years ago and has no salvage v a l u e or other use. The allocated general overhead represents fixed costs of the entire company, none of which would be avoided if the part were purchased instead of produced internally. In addition, the space used to
- 20. make part N19 could be used to make more of one of the company's other products, generating an additional segment margin of $25,000 per year for that product. What would be the impact on the company's overall net operating income of buying part N19 from the outside supplier? A. Net operating income would decline by $10,700 per year. B. Net operating income would increase by $25,000 per year. C. Net operating income would decline by $21,900 per year. D. Net operating income would decline by $60,700 per year. 17. VIM Company purchased $100,000 in inventory from its suppliers on credit terms. The company's acid-test ratio would most likely A. decrease. B. be unchanged. C. increase. D. be impossible to determine without more information. 18. A company's current ratio and acid-test ratios arc both greater than 1. If obsolete inventory is written off, this would A. decrease the current ratio. B. increase the acid-test ratio.
- 21. C. increase net working capital. D. decrease the acid-test ratio. 19. A weakness of the internal rate of return method for screening investment projects is that it A. implicitly assumes that the company is able to reinvest cash flows from the project at the company's discount rate. B. doesn't consider the time value of money. C. i m p l i c i t l y assumes that the company is able to reinvest cash Hows from the project at the internal rate of return. H. doesn't take i n t o account all of the cash flows from a project. 20. Centerville Company's debt-to-cquity ratio is 0.60 Total assets are $320,000, current assets arc $170,000, and working capital is $80,000. Centerville's long- term liabilities must be A. $30,000. B. 590,000. C. $80,000. D. $120,000.