MGMT 4750-Comp XM Questions and Answers Already Graded A

MGMT 4750-Comp XM Questions and Answers Already Graded A Andrews Company currently has the following balances in their liability and equity accounts: Total Liabilities: $52,319,000 Common Stock: $8,808,000 Retained Earnings: $45,066,000 Next year the Andrews Company generates $11,500,000 in Net Profit, pays $5,000,000 in dividends, and total liabilities and common stock remain unchanged. What will their total assets be next year? $112,693,000 Every time your colleague Spock faces a dilemma, he likes to say, "The needs of the many outweigh the needs of the few." He favors which form of ethical guidance? Utilitarianism Andrews' R&D Vice President calls a meeting with an agenda to set goals for a project to launch a new product. Which of the following actions would be most effective in helping the team attain its goals? Ensure that the project goals are specific, measurable, achievable, realistic, and timely. If Chester's current cash balance is $26,337 (000) and Cash Flows From Operations next period are unchanged from this period, which of the following activities will expose Chester to the most risk of needing an emergency loan? Purchases assets at a cost of $25,000,000 Fierce is a product of the Ferris Company. Ferris's sales forecast for Fierce is 1,150 units, and they currently have 186 units on hand. Chester wants to have an extra 10% on hand above their forecasted units in case sales are better than expected, to avoid stocking out. Taking current inventory into account, what will Fierce's Fulfillment After Adjustment have to be in order to have a 10% reserve of units available for sale? All numbers in thousands (000). 1,079 units On the income statement, which of the following would be classified as a Variable cost? Direct Material Expense Suppose Chester invested in plant and equipment last year. The plant investment was funded with bonds at a face value of $14,000,000 at 11.0% interest and equity of $6,200,000. Depreciation is 15 years straight line, with no scrap value For this transaction alone, which of the following statements are true? Depreciation increased by $1,346,667. In order to sell a product at a profit, the product must be priced higher than the total cost to build the unit, plus period expenses and overhead. At the end of last year, Chester had their product Cake aimed at the Low End segment. Cake's production cost (labor + materials) last year was $14.07 ($5.89 unit labor cost and $8.18 unit material cost). Exclude possible inventory carrying costs. Assume period expenses and overhead total 50% of their production cost. What is the minimum price the product could have been sold for in the American region to cover the unit cost, period expenses, and overhead? $21.11 Andrews earned revenue of $223,545,000 and had expenses of $211,947,000. This will cause which of the following changes in equity? Equity will increase $11,598,000 Your Marketing Manager is in charge of collecting customer service and satisfaction data for your company. She's struggling to decide on the appropriate internal target audiences to communicate the recent customer satisfaction results. As part of her communication plan, which of the following questions would most help her to formulate a message for a particular stakeholder group? What are the pros and cons of communicating customer satisfaction results to each stakeholder group? Andrews wants to retire the following bond early: Series 14.0S2025 Face $6,600,000 Yield 13.8% Close - $101.30 Assuming no brokerage fees, calculate the amount of cash needed to retire the bond. $6,685,800 Currently Andrew is paying a dividend per share of $0.00. If Andrews increased its dividend to $1.50, given its current stock price of $50.18, what would be the Dividend Yield? 3.0% Currently Chester is charged $6,576,000 in Depreciation on the Income Statement. Chester is planning for an increase in this depreciation. What will this do on Chester 's financial statements? Increase Net Cash From Operations on the Cash Flow Statement Andrews' Balance Sheet has $53,874,000 in equity and the company has 2,164,812 shares outstanding. Further, the company is expecting $11,500,000 in net income next year. Assuming no dividends are paid and no stock is issued, what would their Book Value be next year? $30.20 Investing $2,000,000 in TQM's Channel Support Systems initiative will at a minimum increase demand for your products 3.0% in this and in all future rounds. Looking at the Round 0 Inquirer for Andrews, last year's sales were $163,189,230. Assuming similar sales next year, the 3.0% increase in demand will provide $4,895,677 of additional revenue. With the overall contribution margin of 34.1%, after direct costs this revenue will add $1,669,426 to the bottom line. For simplicity, assume that the demand increase and margins will remain at last year's levels. How long will it take to achieve payback on the initial $2,000,000 TQM investment, rounded to the nearest 14 months The Production manager has asked you to work with HR and lead a college recruiting effort on a short-term assignment to fill some key positions in Operations. You need a recruiting elevator pitch as part of your communications plan. Which pf the following would represent an effective next-step as you work to develop your communication plan? Determine what you want to describe as the benefits of working in the organization, and how you want to convey them.