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discussion 1. How have you used the concept of the time value of money; professionally or personally?
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The Time Value of Money
Understanding the concept of the time value of money has been one of the greatest
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The purpose for this assignment is analyze methods of poor communication and its effect on motivation, teamwork, and effective conflict management and resolution.
Write a paper (1,600-1800 words) in which you address the following based on the information provided in the "West Coast Transit Case Study" resource.
Describe the three criteria for evaluating effective team/group work (as stated in the textbook) and use the criteria to analyze the effectiveness of the team.
Review each of the five stages of group formation. Determine what stage(s) are evident in the case and provide a justification of your response.
Apply Schein's three behavioral profiles to specific members of the team. Identify how the profiles are demonstrated in the case.
Evaluate whether the communication among the participants in the case was effective or not. Justify your answer by considering any existing barriers to communication.
Review the two main types of conflicts described in the textbook. Explain how each type of conflict is evident in the case.
Propose how Denson should resolve the conflict in this case using one direct conflict management approach. Justify your response as to why this is the most realistic direct conflict management approach given the existing dynamics between and among team members.
Identify one specific leadership activity and one specific maintenance activity that should be encouraged. Identify the most significant disruptive behavior that should be discouraged.
Identify a significant motivational problem experienced by each individual: Jing, Mahonney, and Tanney. Describe how Denson should motivate each person. Be sure to provide a specific motivational suggestion for each person based on their motivational needs. Ensure that you have at least one suggestion from each of the motivational theory/techniques: content theories, process theories, and reinforcement strategies.
You are required to use at least two external scholarly sources in addition to the textbook and the case study resource.
Prepare this assignment according to the guidelines found in the APA Style Guide.
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Trident University International Annie Smith Dance Center Essay
COST–VOLUME–PROFIT ANALYSIS
Assignment Overview
The Annie Smith Dance Center
The Director of Annie Smith Dance Center ...
Trident University International Annie Smith Dance Center Essay
COST–VOLUME–PROFIT ANALYSIS
Assignment Overview
The Annie Smith Dance Center
The Director of Annie Smith Dance Center is asking for assistance with the financial aspects of running a professional group of performers. She wants financial information presented in an easy to read format and a better understanding of the profitability of the concerts and the organization as a whole.
The Annie Smith professional group features three styles of dance concerts each year. Two of the dance concerts showcase a different genre. The third performance is a Christmas Spectacular, which is the most popular and is therefore scheduled every year. The table below provides information about expected ticket sales for the performances.
Lower Orchestra Section (A)Upper Orchestra Section (B)DescriptionsNo. of Seats.Ticket PriceTickets sold per performanceNo. of seatsTicket PriceTickets sold per performanceHip-Hop Performance150$85100%450$5090%Jazz and Tap Dance150$85100%450$5060%Christmas Spectacular150$125100%450$50100%
Ms. Smith has prepared a tentative schedule for the coming season. The table below also shows the type and number of performances and direct cost per type of concert.
DescriptionsNumber of PerformancesCost per Dance Concert
(direct fixed costs)*Hip-Hop Concert10$48,000Jazz and Tap Dance586,000Christmas Spectacular2022,000Total Direct Fixed Costs$156,000
*Examples of direct fixed costs are costumes, rehearsals, royalties, guest artist fees, choreography, and salaries of production staff, music, and wardrobe for each of the concerts. This amount does not change with the number of performances.
Additional costs:
Variable costs associated with each performance are shown below.
Musicians$6,100Rental of auditorium2,500Dancers' compensation6,700
Annual general administrative and operating costs for the dance center are:
Administrative staff$185,000Insurance25,000Marketing115,000General office expenses90,000
Case Assignment
Required:
Computations (use Excel)
Summarize key financial information in a table as shown below.
TitleName of Dance ConcertRevenues/
PerformanceVariable Costs/
PerformanceContribution Margin/
PerformanceNumber of PerformancesTotal Contribution/
Type of Dance ConcertDirect Fixed CostsSegment Margin/
Type of Concert1.2.3.Total
Use the information in the table you completed to compute the number of performances required to break even for each concert. Do not include general and administrative expenses. These are separate computations for each dance concert.
Compute break even for the organization as a whole (include all fixed expenses) and express the result in revenues instead of the number of performances.
Ms. Smith wants the Dance Center to generate at least $200,000 in operating profit. What level of revenues does the performance group need to achieve to meet this goal? Prepare an income statement in good format to support the computations.
Give a recommendation about changes Ms. Smith can implement to achieve the target profit. Support your idea with computations.
Memo (use Word)
Write a 4- or 5-paragraph memo to the owner of the dance center to assist her in interpreting the financial analysis. Start with an introduction and end with a recommendation. Each of the four or five paragraphs should have a heading.
Short Essay (use Word)
Start with an introduction and end with a summary or conclusion. Use headings.
What are some shortcomings of multi-product even analysis?
How does demand and resource constraints affect this type of analysis.
Assignment Expectations
Each submission should include two files: (1) An Excel file and (2) a Word document. The Word document shows the memo first and short essay last. Assume a knowledgeable business audience and use required format and length. Individuals in business are busy and want information presented in an organized and concise manner.
Module 2 - Background
COST-VOLUME-PROFIT ANALYSIS
Modular Learning Objectives
Keep the following objectives in mind as you work through the material in this module:
Define of cost-volume-profit.
Understand the relationship between variable costing and cost-volume-profit analysis.
Apply and analyze break-even.
Compute break-even in units.
Compute break-even in sales.
Analyze target profit.
Required Reading
Variable and fixed costs were introduced in the prior module. Now it is time to examine cost behavior in more detail by familiarizing yourself with the following while keeping the above six objectives in mind. Click on the three arrows to explore each topic in more detail.
Check Your Understanding
Check your understanding to make sure that you have a good grasp of the background material. If you are not comfortable with the concepts, review some of the material again or go to the optional resource for more examples.
Click on the quiz icon for an ungraded, 20-question true-or-false self-study quiz to check your progress. If you are not satisfied with the score, review some of the material again. For more in-depth information, review materials listed under optional reading at the bottom of this page.
Final Thoughts
Cost-Volume-Profit (CVP) analysis is a computational method that analyzes the effect of sales and product costs on the operating income of a business. Specifically, it assesses the effect of changes in variable costs, fixed costs and selling price on operating income. Break-even analysis (with or without a target profit) is a common CVP approach. Another definition of break-even is where the total contribution margin equals total costs. A contribution margin income statement shows zero income at break-even.
Several assumptions underlie CVP analysis:
All cost can be categorized as variable or fixed.
Sales price per unit, variable cost per unit, and total fixed cost are constant.
Mixed costs must be split into their fixed and variable component by an estimation process.
Understanding the behavior of costs makes cost-volume-profit analysis possible.
Optional Reading
For further detail refer to Dr. Walther’s accounting text and videos.
Walther, L. (2017). Chapter 18: Cost-Volume-Profit and Business Scalability.
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MGT 420 GCU Organizational Behavior and Management Case Study
Assessment Description
The purpose for this assignment is analyze methods of poor communication and its effect on motivati ...
MGT 420 GCU Organizational Behavior and Management Case Study
Assessment Description
The purpose for this assignment is analyze methods of poor communication and its effect on motivation, teamwork, and effective conflict management and resolution.
Write a paper (1,600-1800 words) in which you address the following based on the information provided in the "West Coast Transit Case Study" resource.
Describe the three criteria for evaluating effective team/group work (as stated in the textbook) and use the criteria to analyze the effectiveness of the team.
Review each of the five stages of group formation. Determine what stage(s) are evident in the case and provide a justification of your response.
Apply Schein's three behavioral profiles to specific members of the team. Identify how the profiles are demonstrated in the case.
Evaluate whether the communication among the participants in the case was effective or not. Justify your answer by considering any existing barriers to communication.
Review the two main types of conflicts described in the textbook. Explain how each type of conflict is evident in the case.
Propose how Denson should resolve the conflict in this case using one direct conflict management approach. Justify your response as to why this is the most realistic direct conflict management approach given the existing dynamics between and among team members.
Identify one specific leadership activity and one specific maintenance activity that should be encouraged. Identify the most significant disruptive behavior that should be discouraged.
Identify a significant motivational problem experienced by each individual: Jing, Mahonney, and Tanney. Describe how Denson should motivate each person. Be sure to provide a specific motivational suggestion for each person based on their motivational needs. Ensure that you have at least one suggestion from each of the motivational theory/techniques: content theories, process theories, and reinforcement strategies.
You are required to use at least two external scholarly sources in addition to the textbook and the case study resource.
Prepare this assignment according to the guidelines found in the APA Style Guide.
2 pages
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To in a position to foster customer loyalty, a firm has to employ an effective strategy. This is what is known as relation ...
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As a paralegal, part of your job will be to type up responses to discovery requests, including interrogatories. Sometimes, a client might have written out responses, and you will simply be typing them into the document. Other times, you will need to assist the client in formatting responses. Also, your supervising attorney may wish to "object" to certain questions. For this assignment, use the provided discovery requests (2nd one that is uploaded below) from the defendant's counsel in this employment discrimination case.Insert our client (the Plaintiff's), responses, which have been provided as well. (1st one that is uploaded below)Do not change the content of the client's responses, but be sure to clean up the language for spelling and grammatical concerns. Your work will be reviewed by your supervising attorney before it is served, but he has advised you that he wants the following objections included in the responses:Object to any question which requests medical information, as it is an invasion of privacy, not reasonably calculated to lead to the discovery of relevant information.Object to any question requesting social media information, as the requests are overbroad and irrelevant.Object to any questions that are unlimited in time (i.e., ask for all jobs ever held) as they are overbroad and unlimited in time.It is your job to accurately format the objections. A set of general objections has already been placed in the beginning of the responses for you.
1 page
Analysis Fuyao Glass
The entry of Fuyao Glass into the American market was expected to be of a significant boost to the company's operations. P ...
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The entry of Fuyao Glass into the American market was expected to be of a significant boost to the company's operations. Primarily, it was expected ...
Trident University International Annie Smith Dance Center Essay
COST–VOLUME–PROFIT ANALYSIS
Assignment Overview
The Annie Smith Dance Center
The Director of Annie Smith Dance Center ...
Trident University International Annie Smith Dance Center Essay
COST–VOLUME–PROFIT ANALYSIS
Assignment Overview
The Annie Smith Dance Center
The Director of Annie Smith Dance Center is asking for assistance with the financial aspects of running a professional group of performers. She wants financial information presented in an easy to read format and a better understanding of the profitability of the concerts and the organization as a whole.
The Annie Smith professional group features three styles of dance concerts each year. Two of the dance concerts showcase a different genre. The third performance is a Christmas Spectacular, which is the most popular and is therefore scheduled every year. The table below provides information about expected ticket sales for the performances.
Lower Orchestra Section (A)Upper Orchestra Section (B)DescriptionsNo. of Seats.Ticket PriceTickets sold per performanceNo. of seatsTicket PriceTickets sold per performanceHip-Hop Performance150$85100%450$5090%Jazz and Tap Dance150$85100%450$5060%Christmas Spectacular150$125100%450$50100%
Ms. Smith has prepared a tentative schedule for the coming season. The table below also shows the type and number of performances and direct cost per type of concert.
DescriptionsNumber of PerformancesCost per Dance Concert
(direct fixed costs)*Hip-Hop Concert10$48,000Jazz and Tap Dance586,000Christmas Spectacular2022,000Total Direct Fixed Costs$156,000
*Examples of direct fixed costs are costumes, rehearsals, royalties, guest artist fees, choreography, and salaries of production staff, music, and wardrobe for each of the concerts. This amount does not change with the number of performances.
Additional costs:
Variable costs associated with each performance are shown below.
Musicians$6,100Rental of auditorium2,500Dancers' compensation6,700
Annual general administrative and operating costs for the dance center are:
Administrative staff$185,000Insurance25,000Marketing115,000General office expenses90,000
Case Assignment
Required:
Computations (use Excel)
Summarize key financial information in a table as shown below.
TitleName of Dance ConcertRevenues/
PerformanceVariable Costs/
PerformanceContribution Margin/
PerformanceNumber of PerformancesTotal Contribution/
Type of Dance ConcertDirect Fixed CostsSegment Margin/
Type of Concert1.2.3.Total
Use the information in the table you completed to compute the number of performances required to break even for each concert. Do not include general and administrative expenses. These are separate computations for each dance concert.
Compute break even for the organization as a whole (include all fixed expenses) and express the result in revenues instead of the number of performances.
Ms. Smith wants the Dance Center to generate at least $200,000 in operating profit. What level of revenues does the performance group need to achieve to meet this goal? Prepare an income statement in good format to support the computations.
Give a recommendation about changes Ms. Smith can implement to achieve the target profit. Support your idea with computations.
Memo (use Word)
Write a 4- or 5-paragraph memo to the owner of the dance center to assist her in interpreting the financial analysis. Start with an introduction and end with a recommendation. Each of the four or five paragraphs should have a heading.
Short Essay (use Word)
Start with an introduction and end with a summary or conclusion. Use headings.
What are some shortcomings of multi-product even analysis?
How does demand and resource constraints affect this type of analysis.
Assignment Expectations
Each submission should include two files: (1) An Excel file and (2) a Word document. The Word document shows the memo first and short essay last. Assume a knowledgeable business audience and use required format and length. Individuals in business are busy and want information presented in an organized and concise manner.
Module 2 - Background
COST-VOLUME-PROFIT ANALYSIS
Modular Learning Objectives
Keep the following objectives in mind as you work through the material in this module:
Define of cost-volume-profit.
Understand the relationship between variable costing and cost-volume-profit analysis.
Apply and analyze break-even.
Compute break-even in units.
Compute break-even in sales.
Analyze target profit.
Required Reading
Variable and fixed costs were introduced in the prior module. Now it is time to examine cost behavior in more detail by familiarizing yourself with the following while keeping the above six objectives in mind. Click on the three arrows to explore each topic in more detail.
Check Your Understanding
Check your understanding to make sure that you have a good grasp of the background material. If you are not comfortable with the concepts, review some of the material again or go to the optional resource for more examples.
Click on the quiz icon for an ungraded, 20-question true-or-false self-study quiz to check your progress. If you are not satisfied with the score, review some of the material again. For more in-depth information, review materials listed under optional reading at the bottom of this page.
Final Thoughts
Cost-Volume-Profit (CVP) analysis is a computational method that analyzes the effect of sales and product costs on the operating income of a business. Specifically, it assesses the effect of changes in variable costs, fixed costs and selling price on operating income. Break-even analysis (with or without a target profit) is a common CVP approach. Another definition of break-even is where the total contribution margin equals total costs. A contribution margin income statement shows zero income at break-even.
Several assumptions underlie CVP analysis:
All cost can be categorized as variable or fixed.
Sales price per unit, variable cost per unit, and total fixed cost are constant.
Mixed costs must be split into their fixed and variable component by an estimation process.
Understanding the behavior of costs makes cost-volume-profit analysis possible.
Optional Reading
For further detail refer to Dr. Walther’s accounting text and videos.
Walther, L. (2017). Chapter 18: Cost-Volume-Profit and Business Scalability.
LICENSES AND ATTRIBUTIONS
5 pages
Conflict Situation
Human beings often engage in many activities that allow numerous interactions to occur throughout their daily lives. Howev ...
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