Beverage Sales

Scenario: You will help Karen, the owner and operator of Vantage Restaurant, develop a system that will enable her to forecast food and beverage sales by month for up to one year in advance.Read Case Problem 1, Forecasting Food and Beverage Sales, on page 868. (the article is attached to the document )2. Perform an analysis of the sales data.3. Prepare a report that summarizes your findings in five pages maximum, forecasts, and recommendations. Include the following:A time series plot. Comment on the underlying pattern in the time series.Analysis of the seasonality of the data. Indicate seasonal indexes for each month and comment on the high and the low seasonal sales months. Do the seasonal indexes make intuitive sense? Explain.Deseasonalize the time series. Does there appear to be any trend in the deseasonalized time series?Using the time series decomposition method, forecast sales for January through December of the fourth year.Using the dummy variable regression approach, forecast sales for January through December of the fourth year.Provide summary tables of your calculations and any graphs in the appendix of your report. 4.Cite all sources in APA format – 5 sources one being the Holy Bible5. 5 pages title and reference

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Principles of Management

Explains how communication has played a part in management’s inability to increase employee performance Explains how communication has played a part in management’s inability to increase employee performance but details lack relevance or are cursory Does not explain how communication has played a part in management’s inability to increase employee performance 12 Management Plan Recommendations:

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An Ethics Violation

Anton Blair is the manager of a medium-size company. A few years ago, Blair persuaded the owner to base a part of his compensation on the net income the company earns each year. Each December he estimates year-end financial figures in anticipation of the bonus he will receive. If the bonus is not as high as he would like, he offers several recommendations to the accountant for year-end adjustments. One of his favorite recommendations is for the controller to reduce the estimate of doubtful accounts.RequiredWhat effect does lowering the estimate for doubtful accounts have on the income statement and balance sheet?Do you believe Blair’s recommendation to adjust the allowance for doubtful accounts is within his rights as manager, or do you believe this action is an ethics violation?Justify your response.What type of internal control(s) might be useful for this company in overseeing the manager’s recommendations for accounting changes?

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Persuasive Speech Communication

Speech Preparation ChecklistSpecific Purpose· Is the specific purpose clearly defined?· Does the specific purpose include a reference to the audience?· Can the specific purpose be accomplished in the allotted time?Introduction· Do I gain attention and interest of this particular audience using one of the strategies referenced in class?· Do I establish credibility early on in the speech?· Do I define key terms?Preview Statement· Do I clearly preview the main points?Main Point· Does the body contain between 2-5 main points?· Am I following an organizational pattern for speech preparation? (ie: chronological, spatial, causal, topical, etc.)· Are my main points clearly separate from one another?· As much as possible, have I used the same pattern of wording for all of my main points?· Is each main point well supported?· Do I use transitions well?Conclusion· Does my conclusion summarize my main points?· Is there a sense of closure?Support· Do I use examples to make ideas clear? Are they vivid?· Do I use examples to personalize ideas for the audience?· Do I reinforce my hypothetical illustrations with statistics or testimony?· Do I use statistics to quantify my ideas? Are they used in context? Are they from reliable sources? Do I relate them to the audience?· Do I use testimony to support my ideas? Are they from qualified sources?· Do I identify sources of my evidence?· Have I “tested” my evidence?

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Financial Statements

Tana Thorne works in a public accounting firm and hopes to eventually be a partner. The management of Allnet Company invites Thorne to prepare a bid to audit Allnet’s financial statements. In discussing the audit fee, Allnet’s management suggests a fee range in which the amount depends on the reported profit of Allnet. The higher its profit, the higher will be the audit fee paid to Thorne’s firm.RequiredIdentify the parties potentially affected by this audit and the fee plan proposed.What are the ethical factors in this situation? Explain.Would you recommend that Thorne accept this audit fee arrangement? Why or why not?Describe some ethical considerations guiding your recommendation.

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Ethical Issue

On January 20, 2017, Tamira Nelson, the accountant for Picton Enterprises, is feeling pressure to complete the annual financial statements. The company president has said he needs up-to-date financial statements to share with the bank on January 21 at a dinner meeting that has been called to discuss Picton’s obtaining loan financing for a special building project. Tamira knows that she will not be able to gather all the needed information in the next 24 hours to prepare the entire set of adjusting entries. Those entries must be posted before the financial statements accurately portray the company’s performance and financial position for the fiscal period ended December 31, 2016. Tamira ultimately decides to estimate several expense accruals at the last minute. When deciding on estimates for the expenses, she uses low estimates because she does not want to make the financial statements look worse than they are. Tamira finishes the financial statements before the deadline and gives them to the president without mentioning that several account balances are estimates that she provided.RequiredIdentify several courses of action that Tamira could have taken instead of the one she took.If you were in Tamira’s situation, what would you have done? Briefly justify your response.

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Management Systems

Introduce yourself to your peers by sharing something unique about your background. Explain how you expect this course will help you move forward in your current or future career.In the discussion preparation, you reviewed the FedEx Corporation’s 2019 annual report and focused on the detailed accounting information. In this week’s reading, Lin demonstrates that successful implementation of the shipping company’s financial accounting information management systems must go through three steps; implementation of management system module; implementation of financial accounting function; and implementation of management accounting function.Review the recommended implementation suggested by Lin in Design and Implementation of Financial Accounting Information Management System of Shipping Companies Based on ERP. Journal of Coastal Research.Evaluate at least one implementation process. Find a gap in the suggested implementation, considering the readings in your text, and propose a method to correct it.Be sure to respond to at least one of your classmates’ posts.

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Real Estate Case

Case study Question(s): [5 marks]Real estate is the land along with any permanent improvements attached to the land, whether natural or man-made—including water, trees, minerals, buildings, homes, fences, and bridges. Real estate is a form of real property. It differs from personal property, which are things not permanently attached to the land, such as vehicles, boats, jewelry, furniture, and farm equipment.People often use the terms land, real estate, and real property interchangeably, but there are some subtle distinctions.Land refers to the earth’s surface down to the center of the earth and upward to the airspace above, including the trees, minerals, and water.Real estate is the land, plus any permanent man-made additions, such as houses and other buildings.Real property—one of the two main classifications of property—is the interests, benefits and rights inherent in the ownership of real estate.Broadly speaking, real estate includes the physical surface of the land, what lies above and below it, what is permanently attached to it, plus all the rights of ownership—including the right to possess, sell, lease, and enjoy the land.Real property shouldn’t be confused with personal property, which encompasses all property that doesn’t fit the definition of real property. The primary characteristic of personal property is that it’s movable. Examples include vehicles, boats, furniture, clothing, and smartphones.Land has three physical characteristics that differentiate it from other assets in the economyImmobility. While some parts of land are removable and the topography can be altered, the geographic location of any parcel of land can never be changed.Indestructibility. Land is durable and indestructible (permanent).Uniqueness. No two parcels of land can be exactly the same. Even though they may share similarities, every parcel differs geographically.Land also has some distinct economic characteristics that influence its value as an investment:Scarcity: While land isn’t considered rare, the total supply is fixed.Improvements: Any additions or changes to the land or a building that affects the property’s value is called an improvement. Improvements of a private nature (such as homes and fences) are referred to as improvements on the land. Improvements of a public nature (e.g., sidewalks and sewer systems) are called improvements to the land.Permanence of investment: Once land is improved, the total capital and labor used to build the improvement represent a sizable fixed investment. Even though a building can be razed, improvements likedrainage, electricity, water, and sewer systems tend to be permanent because they can’t be removed (or replaced) economically.Location or area preference. Location refers to people’s choices and tastes regarding a given area, based on factors like convenience, reputation, and history. Location is one of the most important economic characteristics of land (thus the saying, “location, location, location!”).There are five main types of real estate:Residential real estate: Any property used for residential purposes. Examples include single-family homes, condos, cooperatives, duplexes, townhouses, and multifamily residences with fewer than five individual units.Commercial real estate: Any property used exclusively for business purposes, such as apartment complexes, gas stations, grocery stores, hospitals, hotels, offices, parking facilities, restaurants, shopping centers, stores, and theaters.

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Financial Markets

Identify and explain the concept of Investment and Financial markets. (Lo1.1)Assignment Question(s): (Marks 5)Q-1. Highlight the career opportunities that are open to students in the field of investments. Moreover, discuss the key role of the Internet in investment research. ( 2 Marks )Q-2. Explain the functions of the financial markets. In addition, discuss the differences between organized exchanges and over-the-counter markets. ( 1.5 Marks )Q-3. Explain the relationship between income statement, balance sheet, and statement of cash flows. Explain how the ratios can be applied to a specific company.( 1.5 Marks )

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Emotional and Physical Abilities

1- Think of a job that requires very high levels of certain cognitive abilities. Can you think of a way to redesign that job so that people who lack those abilities could still perform the job effectively? Now respond to the same question with regard to emotional and physical abilities.2- Discuss the type of roles do you normally take on in a team setting? Is there a task or social roles that you simply don’t perform well? If so, why do you think this is?3-If you were running your own company, how would you communicate your CSR strategy with employees, with external stakeholders, and why?

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