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3 years ago

Garvin's ________ definition of quality states that if the customer is satisfied, the product has good quality.

1 answer:

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Garvin's USER BASED definition of quality states that if the customer is satisfied, the product has good quality.
David Garvin is an Havard professor who wrote a book titled 'Managing quality'. In his book, Garvin summarized five major approaches to defining quality. The approaches are: product based view, user based view, transcendental view of quality, manufacturing based view and value based view.

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The following information shows Carperk Company's individual investments in securities during its current year, along with the D

melamori03 [73]

Answer:

a. See the table below.

b. Debit Fair value adjustment - Available-for-sale for $47,981; and Credi Unrealized gain - Debt for $47,981.

Explanation:

1. Identify whether each investment should be classified as a short-term or long-term investment. For each investment, indicate in which of the six investment classifications it should be placed.

This can be done as follows:

No. Types of investment Classification of investment

a. Long-term investment Debt investment held to maturity

b. Long-term investment Equity method investments 20%-50%

c. Long-term investment Available for sale dbt securities

d, Long-term investment Available for sale dbt securities

e. Short-term investment Stock investment <20%

2. Prepare a journal entry dated December 31 to record the fair value adjustment for the portfolio of available-for-sale debt securities. Carperk had no available-for-sale debt securities prior to this year.

The journal entries will look as follows:

General Journal Debit ($) Credit ($)

Fair value adjustment - Available-for-sale 47,981

Unrealized gain - Debt (w.1) 47,981

(To record the fair value adjustment for the portfolio of available-for-sale debt securities).

Workings (w.1):

No Fair Value ($) Cost ($) Gain (loss) ($)

A B C = A - B

a. 453,116 416,850 36,266

c. 184,240 170,909 13,331

d. 93,426 95,042 (1,616)

Total  730,782   682,801   47,981 

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3 years ago

Trace the evolution of legal status of American unions. What activities were restricted by laws and courts? Did constraints incr

dedylja [7]

Answer:

Trace the evolution of legal status of American unions.

Labor union increase in the late 1800's was mainly because of the poor working conditions, unfair wages, inequality and lack of benefits.

What activities were restricted by laws and courts?

Using the members dues for political purposes.

Did constraints increase or decline with time?

They have decline.

Explanation:

- The first union to get legal right was the National Labor Relations Act of 1935, or the Wagner Act, which at the time was considered the "Labor Bill of Rights", guaranteed the basic rights of employees to organize into unions, collectively bargain for better working conditions, and take collective action.

- There has been a general union constraints decline, as healthcare, restaurant, and hospitality jobs are among the fastest growing and, historically, these industries that have not had high unionization rates, this has been one of the biggest change composition of jobs in the US.

- States and public-sector unions may no longer extract agency fees from nonconsenting employees,” Justice Samuel A. Alito Jr. wrote for the majority. “. . . This procedure violates the First Amendment and cannot continue.”

8 0

3 years ago

Assume that interest rates on 15-year noncallable Treasury and corporate bonds with different ratings are as follows: T-bond = 7

miv72 [106K]

Answer:

Investors are risk averse, which means that they are willing to invest in low risk projects or investments. In order for an investor to invest in a riskier project, he/she will expect to receive higher returns to compensate for the extra risk. US Treasury bonds are probably the safest investments in the world, that is why they yield the lowest interest rate. AAA bonds are less risky than BBB bonds, which in turn are less risky than CCC bonds. That is why AAA bonds yield a lower return than BBB bonds, and BBB bonds yield a lower return than CCC bonds.

7 0

3 years ago

You have just received a windfall from an investment you made in a friend's business. He will be paying you at the end of this

ohaa [14]

Answer:

a. $80,318.70

b. $97,568.57

Explanation:

Here is the full question :

You have just received a windfall from an investment you made in a friend's business. She will be paying you $ 15 comma 555 at the end of this year, $ 31 comma 110 at the end of next year, and $ 46 comma 665 at the end of the year after that (three years from today). The interest rate is 6.7 % per year. a. What is the present value of your windfall? b. What is the future value of your windfall in three years (on the date of the last payment)?

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 = $ 15,555

Cash flow in year 2 = $31,110

Cash flow in year 3 = $ 46,665

I = 6.7%

Present value = $80,318.70

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value

P = Present value

R = interest rate

N = number of years

$80,318.70(1.067)^3 = $97,568.57

3 0

3 years ago

With regard to age segmentation, the tween and teenage cohort following the Millennials is sometimes called

kogti [31]

Answer:

c. Generation Z

Explanation:

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3 years ago