GB519 | Case study 1 Information‚ decisions‚ frameworks and responsibilities The case study below has been drawn from Chapter 1 of Jackson et al. (2008). Elaine Shumate has been working for GSM‚ a pharmaceutical research company‚ for more than seven years. It is her first job since finishing her graduate work in molecular biology and her performance evaluations have been exemplar y. She has received increasing responsibility as opportunities have become available at GSM. Unfortunately‚ her
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Tamira is in a professional dilemma that anyone in her position would find difficulty in knowing how to respond to her boss’s request to have up-to-date financial statements to share with the bank. She knows that there is not enough time to have the financial statements ready by when the president of the company needs them‚ so she follows the principle of conservatism and estimates the totals at a low level so the statements won’t look worse than they actually are. Tamira does not mention when handing
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Case 2 Re-examining a Proposal After working 10 years as the only minority manager in a large printing company‚ David Jones decided he wanted to set out on his own. Because of his experience and prior connections‚ David was confident he could survive in the printing business‚ but he wondered whether he should buy an existing business or start a new one. As part of his planning‚ David contacted a professional Employer organization (PEO)‚ which had a sterling reputation‚ to obtain an estimate for human
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September 29‚ 2013 Estimation Paper In our group we have me‚ Kelip and J.R.‚ and individually we both played our separate parts. Even though we did not have a perfect time to really meet up because of unscheduled events‚ I still think we managed to work as a team. To start off‚ the question that we chose to find an estimation answer on was “How many softballs can fit in our lecture room?” The first couple of class time was spent on J.R. and Kelip measuring the walls and indents of the classroom
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E9-1 (Lower-of-Cost-or-Market) The inventory of Oheto Company on December 31‚ 2011‚ consists of the following items. Cost Cost to Total Total Lower Cost Part No. Qty Unit Replace Cost Replace or Replace 110 600 $95 $ 100 $ 57‚000 $ 60‚000 $ 57‚000 111 1‚000 60 52 60‚000 52‚000 52‚000 112 500 80 76 40‚000 38‚000 38‚000 113 200 170 180
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Q1. Tamira could have taken several other courses of action besides the choice she made to estimate the expense accruals and keeping this information from the President. Firstly‚ she could have told the President that there was not enough time before the meeting with the bank to prepare accurate financial statements that could be relied upon by the bank in making its financing decision regarding Picton. She also could have inserted footnotes with each adjusting entry that she estimated‚ so both the
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Coordinate Algebra Name: _____________________ 4.2.3 Residuals Date: _____________________ Introduction The fit of a linear function to a set of data can be assessed by analyzing__________________. A residual is the vertical distance between an observed data value and an estimated data value on a line of best fit. Representing residuals on a___________________________ provides a visual representation of the residuals for a set of data. A residual plot contains the points:
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Background Rossi Inc. is a diversified manufacturer of industrial products. In 2008‚ Rossi updated its asbestos litigation liability‚ including the costs of settlement payments and defense costs relating to currently pending claims and future claims projected to be filed against the Company through 2017 for losses incurred to date. Before 2008‚ the Company’s previous estimate was for claims projected to be filed through 2011. As part of the 2008 update to the asbestos litigation liability‚ Rossi
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Midland Energy Resources‚ Inc.: Cost of Capital Background Information: ➢ Janet Mortensen‚ Senior vice preside of project finance for Midland Energy Resources ➢ Midland Has three divisions o Exploring and Production(E&P) o Refining and Marketing (R&M) o Petrochemicals ➢ 2006 Operating Revenue-$248.5 billion Operating Income- $42.2 billion ➢ Estimated Cost of Capital used to analyses o Asset appraisal for capital budgeting o
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U.S. DOT No.905356 3653 Trailer Drive CHARLOTTE‚ NC 28269 Phone: (704) 525-0555 MC: 392616 NC: C-2586 SC: 9713 Each franchise independently owned and operated. www.twomenandatruck.com ESTIMATE DETAIL Thank you for choosing TWO MEN AND A TRUCK® for your moving needs. The information below includes the details of the estimate based on the information collected. Please let me know if any changes occur that could impact the estimate provided. Customer Information: Estimate #: 0092-005646509 Move
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