W3 Quiz Solutions Essay - 668 Words

BUSN 5200 Quiz for week 3 Note: In the questions below, the correct answer is identified with an asterisk 1. (See Exhibit 2-2 on page 58 in your BUSN 5200 Custom text Version 2) Assume Main Street Store’s Net Sales in 2010 were $1,000,000 and it’s Net Income in 2010 was $17,000. Thus, between 2010 and 2011 Main Street Store’s net sales increased 20%. During the same period what percentage did net income increase? a. 5.6% From Exhibit 2-2 on page 58: b. 17.0% 2010 net income: $17,000 2011 net income: $18,000 c. 5.9% * Change: $ 1,000 Percent change = $1,000 / $17,000 = .0588, or 5.9% d. 94.4% 2. (See Exhibit 2-2 on page 58 in your BUSN 5200 Custom text Version 2) In 2011 Main Street Store’s†¦show more content†¦a. Buying equipment $(40,000) b. Paying off debt no pay down of debt in 2011 c. Increasing inventory * $(170,000) See Exhibit 2-4 on page 62 d. Paying dividends * $(5,000) 7. (See Exhibit 2-4 on page 62 in your BUSN 5200 Custom text Version 2) What happened to Main Street Store’s Cash Account in 2011? a. It increased * From Exhibit 2-4 on page 62: Increase in cash during 2011 = $34,000 b. It decreased c. It stayed the same d. You can’t tell without further information 8. Which of the following is true about McDonalds Corporation? a. Between 2010 and 2011 total revenue increased by a higher percentage than net income. * 2010 2011 Change Percent Change McDonalds Total Revenue $24,074.6 $27,006.0 $2,931.4 .1218, or 12.18% McDonalds Net Income $4,946.3 $5,503.1 $556.8 .1126, or 11.26% http://www.sec.gov/Archives/edgar/data/63908/000119312511046701/d10k.htm#toc37660_19 Scroll down to page 28 b. Between 2010 and 2011 total revenue increased by a lower percentage than net income. c. McDonalds’ sales decreased between 2010 and 2011. d. McDonalds’ net income decreased between 2010 and 2011. 9. McDonalds’ net worth (in millions) at the end of 2011 was: a. $16.6 b. $0 c. $14,390.2 * See http://www.sec.gov/Archives/edgar/data/63908/000119312511046701/d10k.htm#toc37660_19 Scroll down to page 29 d. 32,989.9 10. Which of the following isShow MoreRelatedEssay on Midterm Questions6765 Words   |  28 Pagespast decisions related to budget or employee benefits were made by the managers involved True 10. List, in order, the steps to include in a rationale Step 1-title 2-identify the problem globally 3-narrow the problem 4-state a proposed solution 5-state what can be gained from the program 6-state why the program will be successful 7-provide references 11. In order for resources and support to flow into health promotion programming Decision makers need to see values from the program Read MoreInternational Financial Accounting155754 Words   |  624 PagesLearning Media Ltd BPP House, Aldine Place London W12 8AA www.bpp.com/learningmedia Printed in Great Britain We are grateful to the Association of Chartered Certified Accountants for permission to reproduce past examination questions. The suggested solutions in the exam answer bank have been prepared by BPP Learning Media Ltd, unless where otherwise stated. All our rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any meansRead MorePepsi Supply Chain13753 Words   |  56 PagesSupply Chain Management Adel Abou Heneidy 143 Symbols in logistics network Supply Chain Management Adel Abou Heneidy 144 Network Design Tools: Major Components †¢ Mapping – Mapping allows you to visualize your supply chain and solutions – Mapping the solutions allows you to better understand different scenarios – Color coding, sizing, and utilization indicators allow for further analysis †¢ Data – Data specifies the costs of your supply chain – The baseline cost data should match your accountingRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesPoint/Counterpoint Player–Owner Disputes Are Unnecessary 471 Questions for Review 472 Experiential Exercise A Negotiation Role-Play 472 Ethical Dilemma The Lowball Applicant 473 Case Incident 1 Choosing Your Battles 473 Case Incident 2 Mediation: Master Solution to Employment Disputes? 474 S A L 15 Foundations of Organization Structure 479 What Is Organizational Structure? 480 Work Specialization 480 †¢ Departmentalization 482 †¢ Chain of Command 483 †¢ Span of Control 484 †¢ Centralization