Author: chris

• As a manager, you may be tasked with making recommendations as to how your organization should structure its transfer pricing. This is especially true in cases when both variable or full cost transfer pricing is acceptable, and the choice is not obvious.
• For this Assignment, take a moment to review your course text. Reflect on the scenario presented and consider how transfer pricing decisions might apply to organizational decision making.
• Phipps manufactures circuit boards in Division A, a country with a 30% income tax rate, and transfers them to Division B, a country with a 40% income tax. An import duty of 15% of the transfer price is paid on all imported products. The import duty is not deductible in computing taxable income. The circuit boards’ full cost is $1,000 and variable cost is $700; they are sold by Division B for $1,200. The tax authorities in both countries allow firms to use either variable cost or full cost as the transfer price.
• The Assignment:
  • Part 1: Analyze the effect of both full-cost and variable-cost transfer pricing methods on Phipps’ cash flows using a spreadsheet program such as Excel.

Part 2: Make your recommendation as to how the organization should proceed, being sure to justify your recommendation with examples form this week’s resources, and/or additional research

 

Pick one e- commerce company on the Internet— for example, Ashford, Buy. com, Yahoo, or Priceline. Study the Web pages that describe the company and explain its purpose and structure. Use the Web to find articles that comment on the company. Then visit the Securities and Exchange Commission’s Web site at www. sec. gov to access the company’s 10- K ( annual report) form showing income statements and balance sheets. Select only the sections of the 10- K form containing the desired portions of financial statements that you need to examine, and download them into your spreadsheet. Instructions below provide more detailed instructions on how to download this 10- K data into a spreadsheet and information on financial statements. Create simplified spreadsheets of the company’s balance sheets and income statements for the past three years.

 

• Is the company a dot- com success, borderline business, or failure? What information provides the basis of your decision? Why? When answering these questions, pay special attention to the company’s three- year trends in revenues, costs of sales, gross margins, operating expenses, and net margins.

 

• Prepare a PowerPoint overhead presentation (with a minimum of five slides), including appropriate spreadsheets or charts, and present your work to your professor and classmates. An example PowerPoint slide presentation is attached for your review in this learning module folder in Blackboard.

 

As needed: Students can find material on understanding financial statements on financial Web sites such as Ameritrade (www.ameritrade.com) or the Small Business Knowledge Base http://www.bizmove.com/finance/m3b2.htm.

 

Downloading the Data into a Spreadsheet

 

Use the Convert Text to Columns Wizard in your spreadsheet software to arrange the 10-K data you downloaded into spreadsheet columns and rows. From the Excel menu, select Data and then select the Text to Columns option. The software brings up a Wizard to convert the imported text into spreadsheet columns. Although you can decide to create line breaks, it may be easiest to accept the default settings (Fixed Width, General format) and then adjust column widths after the Wizard has arranged the data in spreadsheet columns.

 

Financial Statements

 

Financial statements are used to evaluate the performance of a business and diagnose its strengths and weaknesses. The two primary financial statements are income statements and balance sheets. The income statement, also called an operating statement or profit and loss statement, shows the income and expenses of a firm over a period of time, such as a year, a quarter, or a month. Gross profit is calculated by subtracting the cost of goods sold from revenues, or sales. The gross margin is calculated by dividing gross profit by revenues (or sales). Net profit (or loss) is calculated by subtracting all other expenses, including operating expenses and income taxes from gross profit. Operating expenses are all business costs (such as expenditures for sales and marketing, general and administrative expenditures, and depreciation) other than those included in the cost of goods sold.   Net margins are calculated by dividing net profit (or loss) by revenues (or sales).

 

A balance sheet provides a snapshot of a company’s financial assets and liabilities on a given date, usually the close of an accounting period.   It lists what material and intangible assets the business owns and what money the business owes either to its creditors (liabilities) or to its owners (shareholders’ equity, also known as net worth). At any given time a business’s assets equals the sum of its liabilities plus its net worth. Current assets include cash, securities, accounts receivable, or other investments that are likely to be converted into cash within one year. Liabilities are outstanding obligations of the firm. Current liabilities are debts that are due within one year. Long-term debt consists of liabilities that are not due until after a year or more. If too much debt has been used to finance the firm’s operations, problems may arise in meeting future interest payments and repaying outstanding loans. By examining a series of balance sheets, one can identify and analyze trends in the financial strength of a business.

 

Excel Tutorials Links

 

Choose Link below Based on Your current Excel Version:

 

http://www.gcflearnfree.org/excel2013/27   For MS Excel 2013 users – 28 Lessons in all subjects needed

 

http://www.tutorialspoint.com/excel/   For MS Excel 2010 users – Lessons with examples in all subjects needed – click on training of interest from the Left Side Menu.

 

http://www.gcflearnfree.org/excel2007   For MS Excel 2007 users – Lessons in all subjects needed – avoid the Ads, the training material is there as you scroll down the pages.

Use Visio 2013 (or 2010) to create a process flow chart using a Cross-Functional Flowchart template

You can create your process flow for any process you wish. The more realistic and business related the better.

Step by step instructions on how to do this assignment are posted in the Course documents area

Expectations are that each process map will have:

• Minimum of 30 blocks
• Minimum of 5 decision blocks
• Minimum of 3 swim lanes
•  Represent the process logically
• Include key parameters for several key blocks (time, resources such as labor and equipment)
• Incorporate color, formatting and a legend for clarity

The world is full of processes. Remember, a process is something that you do more than once. The same steps are supposed to be done every time you follow the process

Business examples:

• Handling a service call
• Shipping an order to a customer
• Scheduling an appointment for a consultation in a hospital
• Changing the oil on a car
• Installing a window on a house

Non business examples:

• Registering for classes (include class selection)
• Getting cash out of an ATM
• Driving to work/school
• Planning a night out

 

Grading criteria

Cross functional template =  1  point

Start block =  1  point

End block =  1  point

Total # of blocks =  17  points  max (0.41/block if you have over 30 blocks, 0.2/block under 30 blocks – 42 blocks for max of 17 points)

Decision blocks =  10  points max (2 points per decision block, 1 point if less than 2 decision blocks, 1 point off if any of your decision blocks do not have all options linked to other blocks)

Key parameters =  5  points max (1 per block with key parameters, 0.5 per block if less than 2 blocks with key parameters)

Swim Lanes =  5  points max (1 per swim lane, 0 points for less than 3 swim lanes)

Correct I/O on blocks = 3 points (1 point – start block has only output, 1 point – end block has only input, 1 point – regular block has one or more inputs only one output)

Legend score =  2  points

Colored blocks = 5 points  max (1 point per block, 0 points for less than 2)

 

 

Correct process end = 1 point (only start/end blocks used to end a process)

Logical process = 1 point (if it doesn’t make sense you will lose a point)

Consistent coloring = 2 points (all start/end blocks use color A, all decision blocks use color B, all regular blocks use color C, blocks with key parameters can be a different color)

 

Sam
Total score = 50 points

Entail identifying broad concepts and measurable indicators for evaluation.

P.S (I already chose a specific program for the evaluation).

Write a program that reads in from a file a starting month name, an ending month name,
and then the monthly rainfall for each month during that period. As it does this, it should
sum the rainfall amounts and then report the total rainfall and average rainfall for the
period. For example, the output might look like this:
During the months of March–June the total rainfall was 7.32 inches and the average
monthly rainfall was 1.83 inches.
Data for the program can be found in the Rainfall.txt file.
Hint: After reading in the month names, you will need to read in rain amounts until
the EOF is reached, and count how many pieces of rain data you read in.

Please use notepad to create rainfall.txt with following data.

June
September
2.35     1.15     2.03     1.41

Write a program that calculates the balance of a savings account at the end of a three-
month period. It should ask the user for the starting balance and the annual interest
rate. A loop should then iterate once for every month in the period, performing the
following steps:
A) Ask the user for the total amount deposited into the account during that month
and add it to the balance. Do not accept negative numbers.
B) Ask the user for the total amount withdrawn from the account during that
month and subtract it from the balance. Do not accept negative numbers or
numbers greater than the balance after the deposits for the month have been
added in.
C) Calculate the interest for that month. The monthly interest rate is the annual
interest rate divided by 12. Multiply the monthly interest rate by the average of
that month’s starting and ending balance to get the interest amount for the
month. This amount should be added to the balance.
After the last iteration, the program should display a report that includes the following
information:
• starting balance at the beginning of the three-month period
• total deposits made during the three months
• total withdrawals made during the three months
• total interest posted to the account during the three months
• final balance

Developers use the system development life cycle to map out a project from the planning phase to maintenance. In information systems, change is required to implement new software or hardware. How can the system development life cycle be used for changing from a brick-and-mortar store to creating an online presence?

A project manager can use project management to create a plan for change. What are some of the reasons a project may fail or succeed? What steps can be put into place to ensure success and limit failed attempts? Provide specific examples from the textbook or other sources to support your answer.

• Read the section on “Adaptive selling for relationship building” pages 258-279 in the 2014 edition of the Sheridan selected chapters text – ABC’s of Relationship Selling Through Service.

And using this document (see below) complete the rating exercise to determine your own social style: (5 Marks)

1. see Exhibit 5-6, Page 271
2. see Exhibit 5-4 , Page 268
3. Are you an Analytical, Driver, Amiable or an Expressive? Do you agree with this identification? Reply Y/N with 4-5 sentences as to how you feel.

 

2. Review the BMO Financial Group’s Role Information sheet for skills and attributes by specific roles and complete the schedule (see below) showing the key skills and attributes for each position. Then summarize the top three skills and attributes and discuss why they are important. (10 Marks)

 

3. After doing 1 and 2; now detail how you currently feel about a future in “selling” in the financial services industry. What are your career aspirations? What do your fear/like most about selling? (5 Marks)

 

3.       I feel:

 

 

1. Social Style Rating Exercise, see Page 271 for full description (5 Marks)

Assertiveness Ratings		Responsiveness Ratings
Aspect	My Perception of Myself	Aspect	My Perception of Myself
Quiet		Open
Decision speed		Impulsive
Going along		Opinions
Supportive		Informal
Compliant		Emotional
Deliberate		Easy to know
Asking		Warm
Cooperative		Excitable
Risk		Animated
Slow, studied		People-oriented
Cautious		Spontaneous
Indulgent		Responsive
Nonassertive		Humorous
Mellow		Impulsive
Reserved		Lighthearted
Total Score		Total Score
/ 15		/ 15

Matt is sitting in a chair at a table anxiously waiting for his Chinese takeout to arrive. The doorbell rings and Matt moves from his chair to go to the door to meet the deliveryperson. In the process of moving from his chair to ultimately sitting back in his chair and eating his General Tso’s chicken with rice, he has to progress through a series of motions. First he must stand upright from his sitting position in the chair. He turns around 180 degrees to face the door. Then he jumps over his couch, takes several steps forward, grabs the door knob, turns it 180 degrees clockwise and pulls open the door. Once he has the food in hand, he turns back around, walks back to his chair and sits down. He divides the food into two bowls for both Maria and himself. He grasps the chicken and rice with a set of chopsticks, raises it to his mouth, takes a bite, which he then chews and swallows.

All the actions that Matt made to move from the chair to the door and back involved the contraction of voluntary skeletal muscles that are each innervated by a specific nerve and each of which cross a specific joint or set of joints to produce a specific action. The series of above actions took Matt less than 3 minutes to complete.

Part A.    Describe in order and in detail the following movements.

1. Stand up from a sitting position
2. While standing upright, turn around 180 degrees to face opposite direction
3. Jumping over the couch and taking several steps forward.
4. Reach forward and grasp a door knob.
5. Turn a door knob 180 degrees clockwise
6. Sit down in a chair.
7. Grasp the chopsticks.
8. Raise the chicken and rice from a bowl to mouth.
9. Bite, chew and then swallow a portion of the food.

Break down each of the above actions into an ordered series of joint movements. Actually do the actions yourself and note which joints move in what order.  What muscles produces these movements and what specific nerve innervates that muscle or groups of muscle?

Part B. Which cranial nerve affects taste? Which cranial nerve is concerned with the maintenance of balance?

Part C.  On the way to the doorknob, Matt stepped on a sharp nail. What type of reflex will he trigger? Describe the pathway from stepping on the nail to withdrawing his foot from the stimulus.

Students will develop a research-based full-sentence outline either describing a specific event, person, place, process or demonstrate a specific skill, process, or procedure to the audience. Students must research the subject and provide a fact-filled speech providing verbal citations of the references used. Students must list a minimum of five sources in the bibliography and verbally cite three of those sources in the speech itself when citing a fact, statistic, or quote. Students may attach the PowerPoint/Prezi slide show with the Outline or can paste PPT to the Presentation. The speech outline will contain an introduction (attention-getter, credibility, thesis statement, and preview of points), body (clearly laid out moving from one point to another), and a conclusion (summary of points and clincher).

 

 

)

 

General Purpose: To inform

Specific Purpose: To describe to my audience three interesting research-based facts about how to interpret dreams.

 

I. Introduction

 

A. Attention Getter: According to the famous Dr. Sigmund Freud (Verbal Citation #1), and I quote: “The interpretation of dreams is the royal road to knowledge of the unconscious activities of the mind (Sigmund Freud).” What comes to mind when you think about your dreams? Have you ever been interested in what your dreams reallymean?

B. Credibility : There have been multiple instances in my life when I have awakened either in the middle of the night or the next morning trying to recollect and interpret my dreams. I have engaged in academic research, seeking to find the meaning behind my dreams, and today I will share with you what I have learned from my readings.

C. Statement of Relevance: Dreams happen every night whether we remember the dreams or not. One-third of your life is spent sleeping, and in an average lifetime you would have spent six years of dreaming, according to dreammoods.com (Verbal Citation #2). If you look at historical religious writings, such as the Torah, Koran, and Holy Bible, there are stories in the Scriptures about dreams and individuals like Joseph who interpreted dreams for the kings and pharaohs.

D. Preview of Points:  Like our fingerprints, dreams are unique and there is no person who can have your background, your emotions, or your experiences. Dreams can only be connected to your own personal “reality.” Today, I am here to assist you in discovering ways to make sense of your dreams. First, I will discuss the history of dreams, second, I will provide intriguing facts about dreams, and third, I would like to cover the most common dreams people have and their general meanings, according to experts in the literature. In understanding your dreams, you will have a clearer view on your personal relationships, an uncensored view of your real feelings and a better perspective on life issues, according to dreammoods.com (Verbal citation #2).

[Transition: Let’s begin with the history of dreams.]

II. Body:

A. History behind dreams

1. People have recorded dreams for centuries; this is not a new phenomenon. Dream interpretations date back to 3000-4000 B.C. where they were documented on clay tablets. The earliest recorded dreams were acquired from materials dating back approximately 5000 years, in Mesopotamia, again, according to dreammoods.com (Verbal citation #2)

2. Throughout history dreams have been associated with sacred revelation and prophecy. Originally, in Ancient times, dreams were thought to be a part of the supernatural world. Many people who lived in those times believed dreams where messages from gods and the dead as warning devices for disaster or good fortune.

3. During Hellenistic period, people of that period believed that sick people would be sent cures for their illnesses through dreams. Some people with significant dreams were considered special people believed to be have been blessed.

4. During the Middle Ages, dreams were seen as evil and that the images were sinful temptations from the devil. Most of the dream interpretations were related to religion.

5. Looking back shows that people have always had an inclination to interpret dreams. However, despite modern science, dreams continue to remain mysterious and the causes of why we have dreams in the first place are still unknown.

[Transition: Now that we took a glimpse at the history of dreams and how their meanings have always been mysterious, I would like to turn our focus to six intriguing research facts about dreams, which may surprise you.]

B. Facts about Dreams

1. Fact #1- You forget ninety percent of your dreams. Within five minutes of waking up, half of your dream is forgotten and within ten minutes, about 90 percent is forgotten. Sometimes you do not remember any of what happened in your dreams at all, but know that you had one

2. Fact #2- Every human dreams and has sexual reactions to their dreams. Although men and woman tend to have different dreams, we all have a sexual reaction to our dreams even if the dream is not sexual in nature.

3. Fact #3- Dreams prevent psychosis. You dream many times a night, even if you do not remember. If your body does not fall into REM (Rapid Eye Movement) sleep, which is the stage of sleep you must be in order to dream, you will be subject to hallucinations, irritability, and signs of psychosis within 3 hours of waking.

4. Fact #4- In our dreams, we only see faces that we already know. We will dream about people who play out parts, but our mind did not make up those faces. Those faces are real people whom we have seen at some time in our life that we may not have noticed or remembered.

5. Fact #5- Dreams are symbolic. Your dreams are never about the actual subject that they are about when they appear in your dreams. Dreams are not straight forward; instead, dreams are deeply symbolic in language. Your unconscious mind tries to compare the dream to something else that is similar.

6. Fact #6- External stimuli invade our dreams. A sound from reality is heard in our dream and incorporated in some way, according to a website that discussed the ten amazing facts about dreams (Verbal Citation #3) http://listverse.com/2007/11/14/top-10-amazing-facts-about-dreams/)

[Transition: After taking a look at a six important facts about dreams that could help you understand your own dreams, I will now move on to a significant piece of information that could assist you with interpreting your dreams. Let’s move on to some the most common dreams people have and their general meanings.]

C. Seven of the most common dreams people have and their meanings

1. First, Lost or Trapped: These dreams are usually of a person lost and trying to find your way out of a maze type area and are unable to find the exit. In dreams with you being trapped, usually involving being buried alive or caught in a sticky web you cannot get free. Dreams like these mean you are having conflict in deciding how to react to a situation in real life and unable to make the right choice.

2. Second, Missed Transportation: In these types of dreams you are running to catch a bus, train, plane, or any other type of public transportation and missed, but only by a fraction of a minute. These dreams usually mean that you feel that you missed out on an important opportunity in real life.

3. Third, Sick or Dying: In these dreams, either you or one of your loved ones is injured, sick or dying. These dreams usually mean that you have a fear of losing that person. Or, could be a warning of a physical risk of you or your loved one.

4. Fourth, Being Chased: These dreams are usually of you being chased by a monster or a person that is frightening. These dreams mean someone is making you feel threatened in your life.

5. Fifth, Bad or Missing Teeth: These dreams involve you discovering missing or extremely decayed teeth in your own mouth, or you see your teeth falling out. These dreams usually mean that you are afraid of feeling unattractive or are afraid of being embarrassed in your real life.

6. Sixth, Nudity: These types of dreams are when you are in a state of undressed, partial undressed or inappropriate dress in front of a large group of people. These dreams mean you feel embarrassed and ashamed in your real life. These dreams mean you are feeling exposed, awkward or vulnerable with a situation in your life.

7. Seventh, Falling: The most common dream among people. In these dreams you falling through the air and frightened. Typically a person having this dream is feeling insecure or having a lack of support in his/her waking life. These dreams occur most often when you are overwhelmed and ready to give up on a situation.

[Transition to conclusion- Now that we have covered dream history, important dream facts, and common dreams and their meanings, you should have a clearer view on how to understand your own dreams, let us review].

 

III. Conclusion

I. Summary: In conclusion, dreams are something people have been trying to interpret for centuries. We have reviewed the history of dreams and how the information gathered about them has grown throughout the decades. Dreams give you insight of the person you truly are. Henry David Thoreau (Verbal Citation #4) once said, “Dreams are the touchstones of our characters.” Understanding your dreams allows you to understand your true self. Covering some of the most important information needed to better understand dreams, their meanings and how they operate

II. Clincher: I hope I have provided beginning knowledge to enable you to make sense of your own dreams as well as helping you to discover the person you truly are. Thank you and sweet dreams!

 

 

Works Cited (need at least five sources in the Bibliography and three sources must be verbally cited in the speech presentation itself)

“Dream History.” Http://library.thinkquest.org/11189/nfhistory.htm. ThinkQuest Team, 1997. Web. 24 Nov. 2014.

Dream Moods, Inc. “An Online Guide to Dream Interpretation.” An Online Guide to Dream Interpretation. 2000-2011. Web. 23 Nov. 2014. <http://www.dreammoods.com/>.

Dream Moods, Inc. “Dream Moods: History and Background of Dreams.” An Online Guide to Dream Interpretation. 2000-2011. Web. 23 Nov. 2014. <http://www.dreammoods.com/dreaminformation/history.htm>.

“History of Dreams.” Http://hs.riverdale.k12.or.us/~dthompso/exhib_03/tayloro/history_dreams.html. Unknown. Web. 25 Nov. 2014. <http://hs.riverdale.k12.or.us/~dthompso/exhib_03/tayloro/history_dreams.html>.

“Quotes to Help You Follow Your Dreams.” Motivational and Inspirational Quotes. Infinity Web Development, LLC, 2002. Web. 25 Nov. 2014. <http://www.inspirational-quotes.info/dreams.html>.

Unknown. “Top 10 Amazing Facts About Dreams.” Top 10 Lists – Listverse. 14 Nov. 2007. Web. 24 Nov. 2014. <http://listverse.com/2007/11/14/top-10-amazing-facts-about-dreams/>.