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jeyben [28]
3 years ago
14

Jack Ward is working in product development for an auto parts contractor. Ward’s firm received a large contract last summer to m

anufacture transaxles to be used in a new line of front wheel drive cars which a major auto manufacturer plans to introduce in the near future. The contract is very important to Ward’s firm, which has recently fallen on hard times. Just prior to obtaining the contract, half of the firm’s employees, including Ward, had been scheduled for an indefinite layoff. Final testing of the assemblies ended last Friday. The first shipments are scheduled for three weeks from today. As Ward began examining the test reports, he discovered that the transaxle tended to fail when loaded at more than 20% over the rated capacity and when subjected to strong torsion forces. Such a condition could occur with a heavily loaded car braking hard for a curve down a mountain road. The results would be disastrous. The manufacturer’s specifications call for the transaxle to carry 130% of its rated capacity without failing. Ward showed the results to his supervisor and the company president, who indicated that they were both aware of the report. If they did not deliver the assemblies on time, they would lose the contract. Ward must now decide whether to show the test results to the auto manufacturer. If you were Ward, what are the chances that you would notify the auto manufacturer?
1. Explain the reason why you would or would not notify the auto manufacturer in 150-500 words.
Business
2 answers:
77julia77 [94]3 years ago
6 0

Answer: I will notify the auto manufacturer.

Explanation:

I will notify the auto manufacturer if I find myself in such situation. The impact of a good communication in organization should not be underestimated. The ideal thing to do is to make the auto manufacturer aware of the present situation. Communication effectively ensures that the auto manufacturer receive information regarding the transaxle and helps in building a positive relationship.

Not informing the auto manufacturer about the situation with the transaxle will lead to lack of trust and enhance a negative relationship when he eventually founds out about it. One's reputation is also affected if one doesn't inform him and the trans axle eventually breaks down as envisioned.

It is essential that I give him timely updates and adequate information regarding the project.

otez555 [7]3 years ago
5 0

Answer:

So ya. I went to the park yesterday and saw a dog.

Explanation:

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In a small open economy, starting from a position of balanced trade, if the government increases domestic government purchases,
nordsb [41]

Answer:

Option A is correct.

deficit; negative

Explanation:

In a small open economy, starting from a position of balanced trade, if the government increases domestic government purchases, this produces a tendency toward a trade <u>deficit </u>and <u>negaive</u> net capital outflow.

This corresponds to the concept of twin deficits where a budget deficit that results from increased government purchases, also results in current account deficit. Since trade deficit implies negative NX there is a negative NCO.

6 0
3 years ago
Novak Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first year
GenaCL600 [577]

Answer:

Feb 1=> Cash ( debit) = 2,444,000.

Prefered stock (credit) = 2,350,000.

Paid in capital in excess of par value-preferred stock(credit) = 94000.

July 1=> Cash (debit) = 3,500,000.

Prefered stock (credit) = 3,125,000.

Paid in capital in excess of par value-preferred stock(credit) = 375000.

Explanation:

(A). On FEB. 1, the accounts and Explanation is given below:

Cash ( debit) = 2,444,000 {that is from; 47,000 × $52}.

Prefered stock (credit) = 2,350,000 { that is from; 47,000 × $50}.

Paid in capital in excess of par value-preferred stock(credit) = 2,444,000 - 2,350,000 = 94,000.

(B). On JULY 1, the accounts and Explanation is given below;

"July 1 Issued 62,500 shares for cash at $56 per share."

=> Cash (debit) = 62500 × 56 = 3,500,000.

Prefered stock (credit) = 3,125,000 { that is from; 62,500 × $50}.

Paid in capital in excess of par value-preferred stock(credit) = 3,500,000 - 3,125,000 = 375,000.

7 0
3 years ago
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3 years ago
Ramos Inc. has total assets of $1,000 and total liabilities of $450 on December 31, 20Y6. Assume that assets increased by $130 a
sukhopar [10]

Answer:

The owner's equity be as of December 31, 20Y7 is $705

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In this question, we apply the accounting equation which is given below

Total assets = Total liabilities + shareholder's equity

The question has said that the liabilities are decreased and the assets are increased.

So, the new asset is = total assets + increased amount

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                                 = $1,130

And, So, the new liability is = total liabilities - decreased amount

                                 = $450 - $25

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So, the shareholder equity would be equal to

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5 0
3 years ago
Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data
ehidna [41]

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a.$7.43 per machine hour

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And, the machine hours is

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So, the single plant wide rate is

= $156,000 ÷ 21,000 machine hours

= $7.43 per machine hour

4 0
4 years ago
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