Thursday, May 29, 2014

STR 581 Week 5 Discussion Questions Study Guide

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STR 581 Week 5 Discussion Questions Study Guide
Includes sample answers and sample responses to other students.
DQ 1:
Although objectives, functional tactics, and action items are included in many implementation plans, why do some organizations have a difficult time reflecting the plan they create?
DQ 2:
What problems have you faced when creating your implementation plan? In your experience, where do risk management plans fall short?

STR 581 Week 4 Learning Team Study Guide Strategy Paper

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STR 581 Week 4 Learning Team Study Guide Strategy Paper
Learning Team Assignment: Strategy Paper
•    Write a paper of no more than 1,050-words that evaluates alternatives your organization
must consider to realize growth.
•    Include one alternative per team member and recommend a single strategy
organization might implement.
•    Format your paper according to APA standards.
Week Five
Risk Management, Implementation, and Contingency Plans
•    Create an implementation plan that includes objectives, functional tactics, and action
items.
•    Create a risk management plan that includes contingency plans for identified risks.

STR 581 Week 4 Discussion Questions Study Guide

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STR 581 Week 4 Discussion Questions Study Guide
Includes sample answers and sample responses to other students.
DQ 1:
Recall how you determined if you created value and sustained competitive advantage for Kudler Fine Foods. While implementing this strategy, what factors would you monitor and evaluate to determine if you were successful? Why would monitoring and evaluating these factors be important?
DQ 2:
Which of the following considerations are most often neglected when implementing a strategy; structural, leadership, or cultural? Defend your position.

STR 581 Week 3 Individual Study Guide Strategic Plan Update Draft I

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STR 581 Week 3 Individual Study Guide Strategic Plan Update Draft I
Individual Assignment: Strategic Plan Update—Draft I
•    Resources: Kudler’s Fine Foods within the Virtual Organizations
•    Begin updating the 2003 strategic plan for Kudler Fine Foods or your own organization,
with approval from your instructor. The link to the Kudler Fine Foods organization may be found
on your student Web site.
•    Write a 500-word APA formatted draft of part of the strategic plan, including a revised
organizational mission, vision, and values statements.

STR 581 Week 3 Discussion Questions Study Guide

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STR 581 Week 3 Discussion Questions Study Guide
Includes sample answers and sample responses to other students.
DQ 1: Through your research, select two of the strategic plan options that could apply to Kudler Fine Foods. What are the strengths and weaknesses of each option? How does each of the two choices fit with the organization?
DQ 2: When facing a choice between strategic plans of similar value, how would you determine which strategic plan to incorporate?

STR 581 Week 2 Individual Study Guide Environmental Scan and Summary

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STR 581 Week 2 Individual Study Guide Environmental Scan and Summary
Individual Assignment: Environmental Scan and Summary
The Executive Team at Kudler has expressed a desire to grow more rapidly and as a result Kudler must consider some alternative strategies.
•    Resources: Kudler’s Fine Foods within the Virtual Organizations
•    Perform an environmental scan of the Kudler Fine Foods Virtual Organization.
•    Write a summary of no more than 700-words of Kudler’s internal and external environments.

STR 581 Week 2 Discussion Questions Study Guide

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STR 581 Week 2 Discussion Questions Study Guide
Includes sample answers and sample responses to other students.
DQ 1: How would you determine if a strategy has created value and sustained competitive advantage for Kudler Fine Foods?
DQ 2: Locate an organization in the news and explain how it is trying to create value and competitive advantage in its sector.

STR 581 Week 1 Individual Assignment Ethics Reflection Paper Study Guide

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STR 581 Week 1 Individual Assignment Ethics Reflection Paper Tutorial
Individual Assignment: Ethics Reflection Paper
Resources: Ethics Awareness Inventory and Ethical Choices in the Workplace assessments
Use the Ethics Awareness Inventory and Ethical Choices in the Workplace assessments to revisit your personal and professional values.
Write a paper of no more than 1,050-words in which you do the following:
Explain the role of ethics and social responsibility in developing a strategic plan, considering stakeholder needs.
Explain how your ethical perspective has evolved throughout the program.
Format your paper according to APA standards. Provide at least three cited references from your textbooks or peer-reviewed journal articles

STR 581 Week 1 Discussion Questions Study Guide

May 24, 2014

STR 581 Week 1 Discussion Questions Study Guide

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STR 581 Week 1 Discussion Questions Study Guide
Includes example answers and example responses to other students.
What are the major components of a strategic management process? Which of these components is the most difficult for managers to perform? Explain your answer.
Where have you seen organizational mission, vision, and values statements that were misleading? How did that affect the organization?

STR 581 Strategic Planning & Implementation

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RewriteMyPaper Beta Release Announcement

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Announcement of Beta Release:
RewriteMyPaper.com, an artificial intelligence tool for college students released in March 2014, is now available in beta version. This version of the website will allow the company to offer essay rewriting services at a reduced price while completing the final testing phase of the website.
Future Functionality:
Once beta testing of the first release is complete, additional functionality for French, Spanish, and Italian will be added to the website. There are also plans to add a full library of example essays that can be rewritten by the artificial intelligence. Intelligent predictive search will also be implemented so that students may find what they are looking for more quickly.
Beta Bug Reports:
As with any beta version, the company does expect that bugs and errors will surface. By allowing users to use the intelligent interface at a reduced cost, the company expects that users will more willingly report these bugs and errors to help with finalizing the programming of this extremely useful tool for college students.

May 24, 2014

RES 351 Week 5 Team Study Guide Preparing to Conduct Business Research: Part 3 –

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Build on Preparing to Conduct Business Research: Part 1, completed in Week Three, and Preparing to Conduct Business Research: Part 2, completed in Week Four.
Develop or select the instruments your team will use to collect data.

Describe how you will sample the population:

What is the appropriate sampling method?
What sampling frame will be used?
What is the appropriate sampling size?
How will the sample size be determined?

Discuss the overall data analysis approach and result reporting:

Which statistical test will be used and why?
How will the results be displayed?

Combine the three parts of the Preparing to Conduct Business
Research assignment to develop a cohesive research proposal of no more than 2,450 words.

Include the following elements:

Research problem and purpose
Significance, scope, magnitude, and feasibility of finding a solution to the issue, opportunity, or problem
Research question, hypothesis, and variables
Research design
Instrument you developed or selected
Sampling method
Overall data analysis approach
Result reporting
Ethical considerations

Format your paper consistent with APA guidelines.

THIS TUTORIAL INCLUDES A 14 SLIDE POWERPOINT PRESENTATION AND A 2,474 WORD PAPER WITH 7 REFERENCES IN CORRECT APA FORMAT – GRADED 15/15 – A+++ WORK

RES 351 Week 4 Team Study Guide Preparing to Conduct Business Research: Part 1

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Select an issue, opportunity, or problem facing your organization.
Write a 700- to 1,050-word paper that addresses the following questions:

What are the research questions?
What are the hypotheses?
What variables are to be considered?
What ethical considerations must you take into account?

RES 351 Week 4 Individual Study Guide Understanding Business Research Terms and Concepts: Part 2 –

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Resource: University of Phoenix Material: Understanding Business Research Terms and Concepts: Part 2
Complete the University of Phoenix Material: Understanding Business Research Terms and Concepts: Part 2.

THIS TUTORIAL IS 267 WORDS – GRADED 10/10 – A+++ WORK

May 24, 2014

RES 351 Week 3 Team Study Guide Preparing to Conduct Business Research: Part 1 –

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Select an issue, opportunity, or problem facing your organization.
Write a 700- to 1,050-word paper that addresses the following questions:

What are the research questions?
What are the hypotheses?
What variables are to be considered?
What ethical considerations must you take into account?

RES 351 Week 3 Individual Study Guide Understanding Business Research Terms and Concepts: Part 1 –

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Resource: University of Phoenix Material: Understanding Business Research Terms and Concepts: Part 1
Complete the University of Phoenix Material: Understanding Business Research Terms and Concepts: Part 1.
THIS TUTORIAL IS 155 WORDS – GRADED 10/10 – A+++ WORK

RES 351 Week 1-5 Study Guides

THIS TUTORIAL INCLUDES:

WEEK 1:
Write a 300-word summary of the business research process by describing the business research process from your experience in the workplace or in an article you find through the University Library.
Format your paper consistent with APA guidelines.
THIS TUTORIAL IS 322 WORDS IN CORRECT APA FORMAT – GRADED 10/10 – A+++ WORK
WEEK 2:
NOT INCLUDED
WEEK 3:
Select an issue, opportunity, or problem facing your organization.
Write a 700- to 1,050-word paper that addresses the following questions:

What are the research questions?
What are the hypotheses?
What variables are to be considered?
What ethical considerations must you take into account?

Discuss the significance, scope, magnitude and feasibility of finding a solution to the issue, opportunity, or problem.
Define the purpose of the research.
Format your paper consistent with APA guidelines.
THIS TUTORIAL IS 446 WORDS WITH 3 REFERENCES IN CORRECT APA FORMAT
Resource: University of Phoenix Material: Understanding Business Research Terms and Concepts: Part 1
Complete the University of Phoenix Material: Understanding Business Research Terms and Concepts: Part 1.
THIS TUTORIAL IS 155 WORDS – GRADED 10/10 – A+++ WORK

WEEK 4:
Resource: University of Phoenix Material: Understanding Business Research Terms and Concepts: Part 2
Complete the University of Phoenix Material: Understanding Business Research Terms and Concepts: Part 2.
THIS TUTORIAL IS 267 WORDS – GRADED 10/10 – A+++ WORK

WEEK 5:
Build on Preparing to Conduct Business Research: Part 1, completed in Week Three, and Preparing to Conduct Business Research: Part 2, completed in Week Four.
Develop or select the instruments your team will use to collect data.
Describe how you will sample the population:

What is the appropriate sampling method?
What sampling frame will be used?
What is the appropriate sampling size?
How will the sample size be determined?

Discuss the overall data analysis approach and result reporting:

Which statistical test will be used and why?
How will the results be displayed?

Combine the three parts of the Preparing to Conduct Business
Research assignment to develop a cohesive research proposal of no more than 2,450 words.
Include the following elements:

Research problem and purpose
Significance, scope, magnitude, and feasibility of finding a solution to the issue, opportunity, or problem
Research question, hypothesis, and variables
Research design
Instrument you developed or selected
Sampling method
Overall data analysis approach
Result reporting
Ethical considerations

Format your paper consistent with APA guidelines.
THIS TUTORIAL INCLUDES A 14 SLIDE POWERPOINT PRESENTATION AND A 2,474 WORD PAPER WITH 7 REFERENCES IN CORRECT APA FORMAT – GRADED 15/15 – A+++ WORK

RES 351 Week 1 Individual Study Guide Current Events in Business Research

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Write a 300-word summary of the business research process by describing the business research process from your experience in the workplace or in an article you find through the University Library.

Format your paper consistent with APA guidelines.

THIS TUTORIAL IS 322 WORDS IN CORRECT APA FORMAT – GRADED 10/10 – A+++ WORK

May 24, 2014

RES 351 Final Exam Guide

Study Unit: RES 351
University of Phoenix Final Exam Guide with Answers
TUTORIAL: Includes study guide with answers for final exam.
Sample exam questions:
1. Consider the following example: “Retail sales increases in the 2005 holiday season were below projections. Sales were disappointing because consumers were not confident about economic growth.” This is an example of _____.
2. The acronym, RFP, stands for _____ and refers to the document used to invite research firms to propose ideas for addressing the research needs of the organization.
3. Consider the following statements: “Inner-city household interviewing is especially difficult and expensive. This survey involves substantial inner-city household interviewing. The interviewing in this survey will be especially difficult and expensive.” This is an example of _____.
4. In a restaurant complaint study, Dr. Jackson used deception to avoid biasing the participants. In this situation, what should Dr. Jackson do once the research is complete?
5. All of the following are ways to protect participant confidentiality except _____.
6. Ex post facto evaluation means that the research is evaluated _____.
7. During the _____ stage, the analyst will look for patterns of responses to the survey questions.
8. The problem or opportunity that requires a business decision is called the _____.
9. Which of the following hypotheses is a null hypothesis?
10. Which of the following hypotheses is an alternative hypothesis?
11. Rachel is interested in learning the effect of using a celebrity endorsement on sales. The presence or absence of a celebrity endorsement is the _____ variable.
12. “The introduction of a 4-day week leads to increased productivity, particularly among young workers, by improving job satisfaction.” In this statement, improving job satisfaction is the
13. Qualitative methods that encourage participants to reveal hidden or suppressed attitudes, ideas, emotions, and motives are called _____ techniques.
14. Jack is participating in a research study. The interviewer asks Jack to say the first word that comes to mind when he hears a product’s benefits. What type of projective technique is this an example of?
15. Which type of incentive has been shown to consistently improve response rates to surveys?
16. Phoebe is working at a call center for a research company. She has a carrel with a personal computer that is networked to the phone system and to the central data processing unit. The computer selects telephone numbers, dials each number, and accepts responses as Phoebe enters what the respondents tell her. A software program prompts her with each question and precoded response options. Phoebe is collecting data using _____.
17. A causal study is one that _____.
18. Which of the following is true of focus group interviews?
19. A measurement question whose wording suggests to the participant the desired answer is _____ question.
20. A measurement question where the participant chooses the words to frame the answer is a _____ question.
21. Which type of sampling technique can result in a skewed sample if periodicity exists in the population?
22. In which sampling technique are participants in a study selected by referral?
23. Which type of chart uses bars to represent data values such that each value occupies an equal amount of area within the enclosed area?
24. Ensuring consistency among respondents, locating omissions, and reducing errors in recording are all benefits of _____.
25. Reducing data to a manageable size, developing summaries, and applying statistical techniques are all aspects of _____.
26. Common measures of _____ include the range, interquartile range, variance or standard deviation, and variation.
27. A _____ is equal to the observation minus the mean.
28. The _____ is a parametric test to determine the statistical significance between the sample distribution mean and a population parameter.
29. Which of the following involves a test of two related samples?
30. Which of the following tests is most appropriate for examining differences in the average number of hours spent viewing television among four different age groups?

QRB 501 Week 6 Team Synopsis Study Guide

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QRB 501 Week 6 Team Synopsis Study Guide
This study guide includes an example paper with four different points of view.
Instructions: write at least a 250 word synopsis regarding the pros and cons of the course. What works, what you learned, and what we can change to improve the course in the future. Submit this as if it were a learning team activity.

QRB 501 Week 6 Capital Budgeting Case Study Guide

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QRB 501 Week 6 Capital Budgeting Case Study Guide
This study guide includes a capital budgeting case on multiple tabs in Microsoft Excel 2010 and an example paper (with three references) that defines, analyzes, and interprets the answers.
Your company is thinking about acquiring another corporation. You have two choices—the cost of each choice is $250,000. You cannot spend more than that, so acquiring both corporations is not an option. The following are your critical data:
Corporation A
Revenues = $100,000 in year one, increasing by 10% each year
Expenses = $20,000 in year one, increasing by 15% each year
Depreciation expense = $5,000 each year
Tax rate = 25%
Discount rate = 10%
Corporation B
Revenues = $150,000 in year one, increasing by 8% each year
Expenses = $60,000 in year one, increasing by 10% each year
Depreciation expense = $10,000 each year
Tax rate = 25%
Discount rate = 11%
Compute and analyze items (a) through (d) using a Microsoft® Excel® spreadsheet. Make sure all calculations can be seen in the background of the applicable spreadsheet cells. In other words, leave an audit trail so others can see how you arrived at your calculations and analysis. Items (a) through (d) should be submitted in Microsoft® Excel®; indicate your recommendation (e) in the Microsoft® Excel® spreadsheet; the paper stated in item (f) should be submitted consistent with APA guidelines.
a. A 5-year projected income statement
b. A 5-year projected cash flow
c. Net present value (NPV)
d. Internal rate of return (IRR)
e. Based on items (a) through (d), which company would you recommend acquiring?
f. Write a paper of no more 1,050 words that defines, analyzes, and interprets the answers to items (c) and (d). Present the rationale behind each item and why it supports your decision stated in item (e). Also, attempt to describe the relationship between NPV and IRR. (Hint. The key factor is the discount rate used.) In addition to the paper, a Micosoft® Excel® spreadsheet showing your projections and calculations must be shown and attached.

QRB 501 Week 5 Practice Quiz Study Guide

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QRB 501 Week 5 Practice Quiz Study Guide
1. find the interest paid on a loan of $2100 for two years at a simple interest rate of 12% per year.
2. Find the maturity value of a loan of $2300.00 after three years. The loan carries a simple interest rate of 7.3% per year.
3. Convert two years, expressed in decimal form to the nearest hundredth. Five months.
4. A man needed money to buy lawn equipment. He borrowed $800.00 for five months and paid $53.97 in interest. What was the rate of interest?
5. Find the exact interest on a loan of $32,600 at 8% annually for 30 days.
6. A loan made on March 13 is due September 10 of the following year. Find the exact time for the loan in a non-leap year and a leap year.
7. A loan is made on March 20 for 181 days. Find the due date.
8. A loan for $2000 with a simple annual interest rate of 15% was made on June 18 and was due on August 18. Find the exact interest.
9. Find the adjusted balance due at maturity for a 90 day note of $18,000 at 13.8% ordinary interest is a partial payment of $4000 is made on the 60th day of the loan.
10. Raul Fletes borrowed $9000 on a 150 day note that required ordinary interest at 11.45%. Raul paid $4500 on the note on the 50th day. How much interest did he save by making the partial payment?
11. A man makes a simple discount note with a face value of $2400, a term of 160 days, and a 9% discount rate. Find the discount.
12. A man has a simple discount note for $6300, at an ordinary bank discount rate of 8.84%, for 50 days. What is the effective interest rate? Round to the nearest 10th of a percent.
13. A man holds a note of $4000 that has an interest rate of 11% annually. The note was made on March 19 and is due November 12. He sells the note to a bank on June 11 at a discount rate of 10% annually. Find the proceeds on the third-party discount note. (Use the bankers rule)
14. A loan of $4000 at 4% is compounded semiannually for four years. Find the future value and compound interest. Use the $1.00 future value table or the future value and compound interest formula.
15. A loan of $1000 and 30% is compounded monthly for one year. Find the future value and compound interest. Use a $1.00 future value table or the future value and compound interest formula.
16. Tom Bond borrowed $6200 at 6 ½% for three years compounded annually. What is the compound amount of the loan and how much interest will he pay on the loan?
17. A bank loaned John Smith $4000 for seven years compounded annually at 8%. How much interest was John required to pay on the loan? Use the $1.00 future value table or the future value and compound interest formula.
18. Find the future value of an investment of $12,000 if it is invested for four years and compounded semiannually at an annual rate of 2%. Use the $1.00 future value table or the future value and compound interest formula.
19. Find the effective interest rate for a loan for four years compounded semiannually at an annual rate of 2%.
20. Find the compound interest on a $2500 investment at .75% compounded daily for 21 days.
21. Find the amount that should be set aside today to yield the desired future amount. Future amount needed, $8000, interest rate, 12%, compounding., Semiannually, investment time, two years.
22. Compute the amount of money to be set aside today to ensure a future value of $4200 in one year if the interest rate is 2.5% annually, compounded annually.
23. Ronnie Cox has just inherited $27,000. How much of this money should be set aside today to have $15,000 to pay cash for a Ventura Van, which he plans to purchase in one year? He can invest at 1.6% annually, compounded annually.
24. Dewey Sykes plans to open a business and eight years when he retires. How much must he invest today to have $5000 when he retires if the bank pays 3% annually, compounded semiannually?

QRB 501 Week 5 Case Study 21-1 Contemporary Wood Furniture Study Guide

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QRB 501 Week 5 Case Study 21-1 Contemporary Wood Furniture Study Guide
1. construct a comparative balance sheet for contemporary wood furniture for year end 2010 and 2011, including a vertical and horizontal analysis of the comparative balance sheet. Express percent to the nearest 10th of a percent.
2. calculate the current ratio in the total debt to total assets ratio for 2010 and 2011.
3. overall, what does your analysis mean? Is Charles correct to be concerned about these numbers? Explain.

QRB 501 Week 4 Team Study Guide Standard Deviation Abstract

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QRB 501 Week 4 Team Study Guide Standard Deviation Abstract
Research, as a Learning Team, 1 peer-reviewed article per team member on the topic, “standard deviation use in the business world” in the University Library. Each Learning Team member must choose a different article.
Write a basic abstract for each of your selected articles. Your abstracts must include the following:

The purpose of the study
The research question(s)
The hypothesis of the study
The main findings of the study

Include APA-formatted references on the reference page.

QRB 501 Week 4 Problem Set Study Guide

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QRB 501 Week 4 Problem Set Study Guide
1. Prepare a balance sheet for the nursery for December 31, 2012. The company assets include cash, $8723, Accounts Receivable, $7233, and merchandise inventory, $18,219. The liabilities include accounts payable, $10,121, wages payable, $3946. The owner’s capital is $20,108.
2. Complete the vertical analysis on the balance sheet for the nursery for 2012.
3. To find a percent of total debt compared to total assets, divide the total liabilities by the total assets and write in percent form. Find the total debt to total assets for the bakery for 2012
4. Complete the income statement for Sitha Ros’s Oriental groceries for the years 2011 and 2012.
5. Extend the income statement for miss muffin’s bakery to include a vertical analysis for 2010 and 2012.
6. What is the current ratio for Denmark, Inc., which has current assets of $168,491 and current liabilities of $112,974?
7. Company A reported net sales of $151,428 and had average total assets of $175,776. Find its asset turnover ratio.
8. Find the acid test ratio for a business if the balance sheet shows the following amounts: cash, $32,672: receivables, $13,033: marketable securities, zero dollars: current liabilities, $21,135.
9. Find the operating ratio for sol’s dry goods if the income statement for the month shows net sales, $15,500; cost of goods sold, $6500; gross profit, $7000; operating expenses, $2500; net income, $5500. Express results to the nearest 10th of a percent

QRB 501 Week 4 Practice Quiz Study Guide

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QRB 501 Week 4 Practice Quiz Study Guide
1. Prepare a balance sheet for the bakery for December 31, 2012. The company assets include cash, $2002, Accounts Receivable, $4130, and merchandise inventory, $2514. The liabilities include Accounts Payable, $3455, wages payable, $1667. The owner’s capital is $3524.
Prepare the balance sheet
2. Complete the vertical analysis on the balance sheet for the bakery for 2012.
3. Complete the horizontal analysis showing differences in dollar amounts and percents on the comparative balance sheet for the bakery.
4. Find a percent of total debt compared to total assets, divide the total liabilities by the total assets and write in percent form. Find the total debt to total assets for the bakery for 2012.
5. Complete the portion for July 31, 2011, of the income statement shown for miss muffin’s bakery using the given information: gross sales $35,568, returns and allowances, $341, cost of beginning inventory, $17,166, cost of purchases, $27,743, cost of ending inventory, $22,037, total operating expenses, $3097, compute net sales, cost of goods sold, gross profit, and net income.
6. Extend the income statement for miss muffin’s bakery to include a vertical analysis for 2010 in 2011.
7. Extend income statement for miss muffin’s bakery to include the amounts of increase or decrease and the percents of increase or decrease for a horizontal analysis.
8. What is the current ratio for Denmark, Inc., which has current assets of $160,860 and current liabilities of $121,409?

QRB 501 Week 3 Problem Set Study Guide

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QRB 501 Week 3 Problem Set Study Guide
1. What percent of the yearly sales were the sales for July – September?
2. Use the bar graph to the right to determine the percent of increase in sales from the first to the second quarter.
3. The family budget is illustrated in the figure to the right. What percent of the take-home pay is allocated for food?
4. The family budget is illustrated in the figure to the right. What percent of take-home pay is spent for education is education, savings, and miscellaneous funds are used for education?
5. Find the mean for the amounts $17,484; $14,983; $13,587; $14,600; $18,540; $14,978.
6. Find the mode for the amounts: $17,607; $14,940; $13,592; $14,520; $18,540; $14,940.
7. salaries for the research and development Department are given as $48,291; $27,957; $19,551; $32,400; and $37,582. Find the mean, the median, and the mode of the salaries.
8. Accountants often use the median when studying salaries for various businesses. What is the median of the following salary list: $32,023; $21,934; $27,512; $43,782; $38,860; $25,963?
9. A company wants to group a collection of autographed photos by price ranges. Make a frequency distribution of the prices using the intervals $0-$9.99, $10-$19.99, $20-$29.99, $30-$39.99, and $40-$49.99.
$2.50 $3.75 $8.28 $21.50 $43.00 $15.00 $26.55 $14.50 $12.75 $36.00 $37.50 $48.00 $7.50 $9.43 $7.50 $8.00 $12.50 $15.00 $9.50 $8.25 $14.58 $25.00 $18.50 $45.00 $32.50 $20.00 $10.00 $17.50 $6.75 $28.50
10. The seventh inning wants to group a collection of autographed photos by price ranges. The table with the prices is shown on the right. What percent of the collection is priced below $20?
$4.99 $5.81 $6.13 $22.46 $48.64 $11.28 $26.45 $28.28 $11.76 $38.58 $35.86 $41.77 $7.81 $18.17 $4.74 $7.59 $11.41 $16.71 $2.93 $2.32 $11.24 $38.26 $26.45 $42.07 $37.18 $29.01 $13.98 $19.16 $7.09 $21.22

11. Use the hourly rates of the right (rounded to the nearest whole dollar) for 35 support employees in a private college to complete the frequency distribution and find the grouped mean.
$13 $16 $10 $7 $14 $11 $15 $14 $15 $18 $16 $21 $20 $28 $16 $20 $12 $8 $11 $13 $19 $29 $20 $17 $22 $15 $18 $14 $7 $11 $15 $14 $14 $14 $7

12. Find the standard deviation of a series of a ACT scores listed below.
14, 27, 20, 29, 15
13. The data shows the total number of employee medical leave days taken for on-the-job accidents in the first six months of the year.
13, 6, 10, 10, 16, 9
Find the range of days taken for medical leave for each month.
14. The data shows the total number of employee medical leave days taken for on-the-job accidents in the first six months of the year: 11, 2, 18, 4, 20, 11. Find the mean number of days taken for medical leave each month.
15. The data shows the total number of employee medical leave days taken for on-the-job accidents in the first six months of the year: 14, 6, 20, 8, 22, 14. Find the sum of squares of the deviation from the mean.

QRB 501 Week 3 Practice Quiz Study Guide

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QRB 501 Week 3 Practice Quiz Study Guide
1. Sales by each salesperson at a certain shop
Salesperson MON. T UES. WED. THURS. FR I. SAT. Total
Brown off $106.54 $114.52 $258.94 $143.63 $165.48 $789.11
Jackson $289.36 off $226.16 off $162.84 off $678.36
Ulster $280.61 $195.37 $154.52 $226.19 $116.78 off $973.47
Young off $122.90 off $181.25 off $296.17 $600.32
Totals $569.97 $424.81 $495.20 $666.38 $423.25 $461.65 $3041.26
What day of the week at the highest amount and sales?
What they had the lowest amount and sales?
2. Sales by each salesperson at a certain shop
Salesperson MON. T UES. WED. THURS. FR I. SAT. Total
Brown Off $204.35 $114.52 $111.64 $224.35 $225.82 $880.68
Jackson $267.14 Off $151.91 Off $198.41 Off $617.46
Ulster $163.03 $229.74 $179.33 $223.89 $116.78 Off $912.77
Young Off $122.90 Off $181.25 Off $296.17 $600.32
Totals $430.17 $556.99 $445.76 $516.78 $539.54 $521.99 $3011.23
Using the information in the table, construct a bar graph showing total sales by salesperson for the shop.
What bargraph is correct? A – Brown; B – Jackson; C – Ulster; D – Young
3. Using the bargraph to the right to determine the answer which quarter had the highest dollar volume?
a. July – September
b. January – March
c. April – June
d. October – December
4. Use the line graph to the right to determine what speed gave the highest gasoline mileage for both types of automobiles.
5. Use the line graph to the right to determine at what 10 mph increment the driver would first notice a decrease in gasoline mileage. Which car showed this decrease?
6. The family budget is illustrated in the figure to the right. What is the total take-home pay and what percent is allocated for transportation?
7. Match the dollar values with the names in the circle graph: $193, $130, $84, $61, $61.
a. Chevez – $61, Young – $193, Chow – $130, Santoni – $61, Wilson – $84
b. Chevez – $130, Young – $61, Chow – $61, Santoni – $193, Wilson – $84
c. Chevez – $193, Young – $61, Chow – $61, Santoni – $130, Wilson – $84
d. Chevez – $193, Young – $61, Chow – $130, Santoni – $61, Wilson – $130
8. using the line graph to the right, calculate the amount in percent of increase in the employee’s salary from 2005 to 2006.
9. Use the line graph to the right to determine the following. If the cost of living increase was 10% from 2002 to 2008, determine if the employee’s salary for this period of time kept pace with inflation.
Did the employee’s salary for this period of time keep pace with inflation?
10. find the mean for the scores: 3,840; 5,400; 8,540; 4,300; 5,350.
11. Find the median for the scores: 91, 68, 71, 86, 71, 95, 88, 74, 71, 89, 89, 96, 74, 75.
12. find the mode for the scores: 4,400; 5,600; 8,550; 4,400; 5,650.
13. Weekly expenses of students taking a business mathematics class are shown in the table on the right.
89 37 78 154 66 86 92 80 52 75 86 98 88 90 86 97 100 97 79 96 58 78 81 84 104 77
a. Find the mean
b. find the median
c. find the mode
14. The grades earned by students on a midterm business math exam are shown on the right. Make a frequency distribution of the data using the intervals 61 – 69, 71 – 79, 80 – 89, and 90 – 99.
78 83 63 87 94 81 91 72 84 87 98 93 85 68 91 78 86 91 83 92
Fill out the grouped frequency distribution.
15. In the table on the right there are grades that were earned by students on a midterm business math exam. What percent of the students earned a grade below 80?
78 89 62 87 94 81 91 76 87 82 96 97 84 60 99 73 83 92 86 94
16. Find the range for the set of data: 21, 28, 14, 19, 19.
17. Find the deviations from the mean for the set of data: 26, 33, 18, 24, 24.
18. Find the sum of squares of the deviations from the mean of a series of ACT scores listed below.
14, 17, 30, 28, 21
19. Find the variance for the set of data: 21, 28, 13, 19, 19.
20. In a set of 110 AC T scores, where the mean is 20 and the standard deviation is 4.69,
(a) how many scores are expected to be lower than 15.31 (one standard deviation below the mean)?
(b) How many of the 110 scores are expected to be below 29.38 (to standard deviations above the mean)?

QRB 501 Week 2 Quiz Study Guide

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Find the trade discount on a computer that lists for $600 if a discount rate of 25% is offered.
Find the trade discount on a computer that lists for $600 if a discount rate of 50% is offered.
2.
Calculate the trade discount for 20 boxes of computer paper if the unit price is $13.84 and a single trade discount rate of 30% is allowed.
Calculate the trade discount for 50 boxes of computer paper if the unit price is $12.63 and a single trade discount rate of 5% is allowed.
3.
Use the net price rate to calculate the net price for 10 boxes of computer paper if the unit price is $13.94 and a single trade discount rate of 20% is allowed.
Use the net price rate to calculate the net price for 10 boxes of computer paper if the unit price is $14.02 and a single trade discount rate of 30% is allowed.
4.
A trading company purchased video and digital cameras for its new store with a total of $132,804. The order has discount of 24%. Use the net price rate to find the net price of the merchandise.
A trading company purchased video and digital cameras for its new store with a total of $145,813. The order has discount of 25%. Use the net price rate to find the net price of the merchandise.
5.
A company manages an electronic equipment store and has ordered 200 remote controlled color TV’s for a special sale. The list price for each TV is $250 with a trade discount series of 6/10/2. Find the net price of the order by using the net decimal equivalent.
A company manages an electronic equipment store and has ordered 150 remote controlled color TV’s for a special sale. The list price for each TV is $230 with a trade discount series of 7/10/4. Find the net price of the order by using the net decimal equivalent.
6.
One manufacturer is calculating the trade discount on a dog kennel with a list price of $294 and trade discount series of 12/11/12. What is the trade discount? What is the net price for the kennel?
One manufacturer is calculating the trade discount on a dog kennel with a list price of $270 and trade discount series of 10/10/10. What is the trade discount? What is the net price for the kennel?
7.
One manufacturer currently receives a trade discount series of 10/15/15 on merchandise purchased from a furniture company. He is negotiating with another furniture manufacturer to purchase similar furniture of the same quality. The first company list a dining room table and six chairs for $1,807. The other company lists a similar set for $1,805 and a trade discount series of 10/10/15. Which deal is better?
One manufacturer currently receives a trade discount series of 10/20/20 on merchandise purchased from a furniture company. He is negotiating with another furniture manufacturer to purchase similar furniture of the same quality. The first company list a dining room table and six chairs for $1,811. The other company lists a similar set for $1,810 and a trade discount series of 10/10/20. Which deal is better?
8.
A television game device has a list price of $287 and a trade discount series of 12/9. Find the net price and trade discount.
A television game device has a list price of $223 and a trade discount series of 14/9. Find the net price and trade discount.
9.
A man received an invoice dated March 9.with term 4/10, n/30 amounting to $560. He paid the bill on March 12. How much was the cash discount?
A man received an invoice dated March 9.with term 4/10, n/30 amounting to $560. He paid the bill on March 12. How much was the cash discount?
10.
A man gets an invoice for $450 with terms 2/10, 1/15, n/28. How much would be pay 23 days after the invoice date?
A man gets an invoice for $420 with terms 3/10, 1/15, n/29. How much would be pay 23 days after the invoice date?
11.
An invoice for a camcorder that cost $1,270 is dated August 1, with sales terms of 4/10 EOM. If the bill is paid on September 7, how much is due?
An invoice for a camcorder that cost $1,210 is dated August 2, with sales terms of 3/10 EOM. If the bill is paid on September 8, how much is due?
12.
An invoice for $800 is dated October 15 and has sales terms of 4/10 ROG. The merchandise arrives October 19. How much is due if the bill is paid October28?
An invoice for $800 is dated October 11 and has sales terms of 3/10 ROG. The merchandise arrives October 19. How much is due if the bill is paid October27?
13.
Kareem Salam is directing the accounts payable office and is training a new account payable associate. They are processing an invoice for a credenza that is dated August 19 in the amount of $ 392.34. The delivery ticket for the credenza is dated August 24. If the sales terms indicated on the invoice are 2/10 ROG, how much needs to be paid if the bill is paid on September 8?
Kareem Salam is directing the accounts payable office and is training a new account payable associate. They are processing an invoice for a credenza that is dated August 19 in the amount of $ 392.34. The delivery ticket for the credenza is dated August 22. If the sales terms indicated on the invoice are 2/10 ROG, how much needs to be paid if the bill is paid on September 8?
14.
A machine shop received a shipment of goods from a distributor. The bill of lading was market FOB – destination. Who paid the freight? To whom was the freight paid? Choose the correct answer.
The distributor paid the freight to the freight company.
Nobody paid the freight.
The freight company paid the freight to the distributor.
Both paid the freight.
15.
Selling price = $40.99; Markup = $13.99. Find the cost.
Selling price = $42.99; Markup = $13.99. Find the cost.
16.
Markup = $89.74; Rate of markup based on cost = 78%
a. Find the cost.
b. Find the selling price.
Markup = $60; Rate of markup based on cost = 78%
a. Find the cost.
b. Find the selling price.
17.
Nineteen decorative enamel balls cost $12.51 each and are marked up $9.28.
a. Find the selling price for each one.
b. Find the total amount of margin or markup for the 19 balls.
Seventeen decorative enamel balls cost $12.25 each and are marked up $9.33.
a. Find the selling price for each one.
b. Find the total amount of margin or markup for the 17 balls.
18.
A sofa cost $379 and sells for $606.40, which is 160% of the cost.
a. Find the rate of markup.
b. Find the markup.
A sofa cost $389 and sells for $622.40, which is 160% of the cost.
a. Find the rate of markup.
b. Find the markup.
19.
What is the cost of a sink that is marked up $168 if the markup rate is 75% based on cost?
What is the cost of a sink that is marked up $189 if the markup rate is 80% based on cost?
20.
Selling price = $1,840; cost = $790. Find the rate of markup based on the selling price. Round to the nearest tenth of a percent.
Selling price = $1,910; cost = $778. Find the rate of markup based on the selling price. Round to the nearest tenth of a percent.
21.
Markup rate based on selling price = 11%; markup = $390. Find the selling price. Round to the nearest cent.
Markup rate based on selling price = 21%; markup = $370. Find the selling price. Round to the nearest cent.
22.
An item has a 35% markup bases on selling price. The markup is $100.
a. Find the selling price.
b. Find the cost.
An item has a 31% markup bases on selling price. The markup is $400.
a. Find the selling price.
b. Find the cost.
23.
An item sells for $32 and is reduced to sell for $12. Find the markdown amount and the rate of markdown.
An item sells for $80 and is reduced to sell for $70. Find the markdown amount and the rate of markdown.
24.
An item is originally priced to sell for $75 and is marked down 60%. A customer has a coupon for an additional 15%. What is the total percent reduction?
An item is originally priced to sell for $75 and is marked down 40%. A customer has a coupon for an additional 10%. What is the total percent reduction?
25.
Paul’s Grocery received 1,000 pounds of onions at $0.13 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a markup rate of 180% based on cost.
Paul’s Grocery received 1,000 pounds of onions at $0.11 per pound. On the average, 5% of the onions will spoil before selling. Find the selling price per pound to obtain a markup rate of 200% based on cost.
26.
A director of accounts received a bill for $646, dated April 6, with sales terms 3/10, 2/15, n/30. A 4% penalty is charged for payment after 30 day. If the director of accounts pays on after May 7, how much must he pay?
A director of accounts received a bill for $643, dated April 6, with sales terms 3/10, 2/15, n/30. A 4% penalty is charged for payment after 30 day. If the director of accounts pays on after May 7, how much must he pay?

QRB 501 Week 2 Problem Set Study Guide

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QRB 501 Week 2 Problem Set Study Guide
1. Find the net price of a computer that lists for $340 if a discount rate of 30% is offered.
2. Calculate the net price for 50 boxes of computer paper if the unit price is $13.39 and single trade discount rate of 30% is allowed.
3. One manufacturer needs to calculate the net price of an order with a list price of $800 and a trade discount series of 10/8/6. Use the net decimal equivalent to find the net price.
4. One distributor lists ink-jet printers with 360 dpi and six scalable fonts that can print envelopes, labels, and transparencies for $189.16 with a trade discount series of 10/10/15. Another distributor lists the same brand and model printer at $212 with a trade discount series of 10/15/15. Which is the better deal if all other aspects of the deal, such as shipping, time of availability, and warranty are the same or equivalent?

5. One distributor lists a printer at $450 with a trade discount series of 16/10/6. Another distributor lists the same printer at $ 430 with a trade discount series of 11/11/6. Which is the better deal?
6. A man gets an invoice for $420 with terms 2/10, 1/15, n/30. How much would he pay 8 days after the invoice date?
7. A director of accounts received a bill for $645, dated April 7, with sales terms 3/10, 2/15, n/30. What amount is due if the bill is paid on or between April 18 and April 22?
8. A man is accounts payable offer for his company and must calculate cash discounts before paying invoices. He is paying bills on June 15 and has an invoice dated June 9 with terms 3/10, If the net price of the invoice is $1,296.72, what is the net amount the man will need to pay?
9. An invoice for $910 is dated October 15 and has sales terms of 4/9 ROG. The merchandise arrives October 19. How much is due if the bill is paid on November 2?
10. A man has an invoice for a complete computer system for $3,941.12. The invoice shows terms of 5/10, 4/15, n/30. He can afford to pay $2,000 within 10 days of the date on the invoice and remember within the 30-day period. How much should be credited to the account for the $2,000 payment, and how much is still due?
11. Cost = $55; Markup = $50. Find the selling price.
12. Cost = $80; Selling price = $208. a. Find the markup. b. Find the rate of markup based on cost.
13. Belts cost $4 and sell with a markup of $2.44. Find the selling price of belts.
14. A lamp cost $32 is marked up based on cost. If the lamp sold for $72, what was the percent of markup?
15. Battery-powered massager cost $7.50 if they are purchased in lots of 36 or more. The Gift Hose shoppe purchased 48 and sells them at a 45% markup based on cost. Find the selling price of each massager.
16. Cost = $54; selling price =$ 60. Find the rate of markup based on the selling price.
17. An item is marked up $27. The markup rate based on selling price is $67% a. Find the selling price. b. Find the cost.
18. An item sells for $64 and is reduced to sell for $56. Find the markdown amount and the rate of markdown.
19. Selling price = $800; reduced (New) price = $600. Find the markdown amount and the rate of markdown.
20. An item sells for $5,380 and cost $3,580. What is the rate of markup based on selling price? Round to the nearest tenth of percent.