The following wordy, inefficient, and disorganized e-mail message invites department managers to three interviewing sessions to select student interns. However, to be effective, this message desperately needs a radical rewrite.

Your Task. Study the e-mail message and the list of ten weaknesses below the message. Then revise the message to correct each weakness. You revision needs to condense this sloppy 14-sentence message into 6 efficient sentences plus a list, and convey all the necessary information. Make all of your corrections directly to the message.

To: Management Staff
From: Nathan Weintraub

Subject: Interns
Staff:

As you may be aware, we have for the past year been considering changing our approach to interns. Your management council recently made a decision to offer compensation to the interns in our internship program because we learned that in two fields (computer science and information systems) interns are usually paid, which is the norm. However, we will be unable to offer any more than three internships.

In collaboration with our nearby college, we have narrowed the field to six excellent candidates. These six candidates will be interviewed. This is to inform you that you are required to attend three interviewing sessions for these student candidates. Your presence is needed at these sessions to help us avoid making poor selections.

You should mark your calendars for the following three times. We are scheduling the first set of interviews for April 5 to meet in the conference room. Please examine all the candidates’ résumés, which are attached, and send me your ranking lists.

The second interviewing session is scheduled for April 8 in Office 22 (the conference room was already scheduled). On April 11 we can finish up in the conference room. All of the meetings will start at 2 p.m. In view of the fact that your projects need fresh ideas and talented new team members, I should not have to urge you to attend and be well prepared.

Nathan Weintraub
Director, Human Resources

1. Does not provide a helpful subject line.
2. Starts indirectly with an explanation instead of the main idea: scheduling interviews.
3. Fails to develop reader benefits, such as explaining why the readers should be interested.
4. Sounds negative (unable to offer; avoid making poor selections; should not have to urge you).
5. Buries a verb (made a decision instead of decided).
6. Has a long lead-in (This is to inform you that).
7. Suffers from flabby expression (in view of the fact that), other wordiness, repetition, and a demanding tone.
8. Fails to make the interview dates and rooms highly readable with a list.
9. Inserts request (send me your ranking lists) in the middle of a paragraph instead of at the end of the message where action items should go.
10. Does not include an end date and reason for returning the ranking lists.

Explanation:

Since the list of ten weaknesses  has been provided, the sample rewrite based on the needed corrections provided could read;

To: Management Staff

From: Nathan Weintraub

Subject: Invitation to attend interviewing sessions.

"Management would love to invite you to three interviewing sessions for the selection of internship students.

Because of proven expertise and years of experience working in this company, management deems you fit to make the best selection for the company. Hence, we are thus confident that you would give this task your best....."

BusyBody Company expects its November sales to be 25% higher than its October sales of $240,000. Purchases were $100,000 in October and are expected to be $100,000 in November. All sales are on credit and are collected as follows: 35% in the month of the sale and 60% in the following month. Purchases are paid 35% in the month of purchase and 65% in the following month. The cash balance on November 30 will be:_______.
A. $149,000
B. $135,500
C. $262,500
D. $162,500

Dinkins Inc. is considering disposing of a machine with a book value of $50,000 and an estimated remaining life of five years. The old machine can be sold for $15,000. A new machine with a purchase price of $150,000 is being considered as a replacement. It will have a useful life of five years and no residual value. It is estimated that variable manufacturing costs will be reduced from $70,000 to $45,000 if the new machine is purchased.
Determine the net differential increase or decrease in cost for the entire five years for the new equipment.

Sysco Corporation, formed in 1969, is the largest global distributor of food service products, serving over 500,000 restaurants, hotels, schools, hospitals, and other institutions. The following summarized transactions are typical of those that occurred in a recent year (dollars are in millions).
a. Purchased buildings costing $432 and equipment costing $254 for cash.
b. Borrowed $119 from a bank, signing a short-term note.
c. Provided $55,371 in service to customers during the year, with $28,558 on account and the rest received in cash.
d. Paid $132,074 cash on accounts payable.
e. Purchased $41,683 of inventory on account.
f. Paid payroll, $6,540 during the year.
g. Received $22,043 on account paid by customers.
h. Purchased and used fuel of $1,750 in delivery vehicles during the year (paid for in cash).
i. Declared $698 in dividends at the end of the year to be paid the following year.
j. Incurred $121 in utility usage during the year; paid $110 in cash and owed the rest on account.
Required: For each of the transactions,
prepare journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions.)
Required: For each of the transactions,
prepare journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions.)
View transaction list
Journal entry worksheet
< 1 2 3 4 5 6 7 8 9 10 >
Purchased buildings costing $432 and equipment costing $254 for cash.
Note: Enter debits before credits.
Transaction General Journal Debit Credit
Record entry Clear entry View general journal

Calculate free cash flow for 2017 for Monarch Textiles, Inc., based on the financial information that follows. Assume that all current liabilities are non-interest-bearing liabilities and that no fixed assets were sold or disposed of during 2017. (Enter your answer in 1000s.) Monarch Textiles, Inc. ($ thousands) Income statement Selected balance sheet items 2017 2016 2017 Sales 1,490 Current assets 430 595 Cost of sales 830 Net fixed assets 152 304 Operating expenses 165 Current liabilities 265 345 Depreciation 76 Interest expense 50 Earnings before taxes 369.00 Tax 147.60 Net income 221.40

if a co worker asks for help with something but you're busy finishing a task, what should you say? A I have to finish this but I'm happy to help when I'm finished B I can't help you today C I'm busy can you ask someone else​

A review of current distribution procedures reveals that the Valley Voice employs 100 truck drivers to drop off bundles of newspapers to 1,300 teenagers who deliver papers to individual homes. The drivers are paid an hourly wage while the teenagers receive 4 cents for each paper they deliver.

Turkey is considering an alternative method of distributing the papers, which he says has worked in other cities the size of Flower Mound (where the Valley Voice is published). Under the new system, the newspaper would retain 20 truck drivers to transport papers to five distribution centers around the city. The distribution centers are operated by independent contractors who would be responsible for making their own arrangements to deliver papers to subscribers’ homes. The 20 drivers retained by the Valley Voice would receive the same hourly rate as they currently earn, and the independent contractors would receive 20 cents for each paper delivered.

Required:
1. What payroll information does Turkey need in order to make a decision about adopting the alternative distribution method?
2. Assume the following information:

a. The average driver earns $42,000 per year.
b. Average employee income tax withholding is 15 percent.
c. The social security tax is 6.2 percent of the first $122,700 of earnings.
d. The Medicare tax is 1.45 percent of all earnings.
e. The state unemployment tax is 5 percent, and the federal unemployment tax is 0.6 percent of the first $7,000 of earnings.
f. Workers’ compensation insurance is 70 cents per $100 of wages.
g. The paper pays $300 per month for health insurance for each driver and contributes $250 per month to each driver’s pension plan.
h. The paper has liability insurance coverage for all teenage carriers that costs $100,000 per year.

3. Prepare a schedule showing the costs of distributing the newspapers under the current system and the proposed new system. Based on your analysis, which system would you recommend to Turkey?
4. What other factors, monetary and nonmonetary, might influence your decision?

Nick has a job. The first place he should look for health care coverage is because the costs will probably be the for the generous terms and coverage. Sam does not have a job. He is a member of the alumni association of his alma mater. Sam will probably find better coverage for a lower cost through plans offered by because plans spread the costs and risks among more people than plans do. To begin their research, Nick and Sam should look at in order to .

Cominsky Company purchased a machine on July 1, 2018, for $28,000. Cominsky paid $200 in title fees and county property tax of $125 on the machine. In addition, Cominsky paid $500 shipping charges for delivery, and $475 was paid to a local contractor to build and wire a platform for the machine on the plant floor. The machine has an estimated useful life of 6 years with a salvage value of $3,000.
Determine the depreciation base of Cominsky’s new machine. Cominsky uses straight-line depreciation.
Depreciation base $
Entry field with incorrect answer now contains modified data

On January 1, 2016, Parker Company issued bonds with a face value of $62,000, a stated rate of interest of 11 percent, and a five-year term to maturity. Interest is payable in cash on December 31 of each year. The effective rate of interest was 13 percent at the time the bonds were issued. The bonds sold for $57,639. Parker used the effective interest rate method to amortize the bond discount. (Round your intermediate calculations and final answers to the nearest whole dollar amount.)
Required
a. Prepare an amortization table Discount Cash Payment Expense Amortization Carrying Value Interest Date January 1, 2016 December 31, 2016 December 31, 2017 December 31, 2018 December 31, 2019 December 31, 2020 Totals 57,639 6,820 7,493 673 58,312
b. What is the carrying value that would appear on the 2019 balance sheet? Carrying value
c. What is the interest expense that would appear on the 2019 income statement? Interest expense
d. What is the amount of cash outflow for interest that would appear in the operating activities section of the 2019 statement of cash flows?

One of the skills that most leads to success in the workplace is:
A. keeping your thoughts to yourself.
B. ignoring unimportant regulations.
C. working well as part of a team.
D. choosing to work at any time you want.

Sheffield Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assign to each product line, the controller, Robert Hermann, has developed the following information.

Car Truck
Estimated wheels produced 36,000 11,000
Direct labor hours per wheel 1 3

Total estimated overhead costs for the two product lines are $731,400.

Required:
Calculate overhead rate.

Read the scenario and answer the question that follows:

George is giving a presentation to his English class. He has a created a collage on a big poster. To be sure he remembers everything he wants to say, he has notes to read for the presentation. He holds up his poster and looks down as he reads his notes. George quickly notices that only a few students are paying attention to him, and the ones who are seem to be struggling to hear what he is saying.

What can George do to improve his presentation to the class?

Give it another try and hope they are more interested next time he talks
Hang the poster in the room, so he does not have to hold it while he talks
Look at the class more and his notes less, so the class can hear him
Put more effort into his preparation, so he does not have to look at his notes

Kingston Manufacturing has 27,000 labor hours available for producing X and Y. Consider the following information: Product X Product Y Required labor time per unit (hours) 2 3 Maximum demand (units) 6,000 8,000 Contribution margin per unit $ 5 $ 6 Contribution margin per labor hour $ 2.50 $ 2 If Kingston follows proper managerial accounting practices, how many units of Product Y should it produce

A bank loan officer has been approached by a start-up company that needs a five-year loan to purchase the equipment for its first project. The project will have a life of five years. At the end of five years, the equipment will be worthless. The founders of the company told the loan officer that they would be willing to pay a much higher interest rate on a simple interest loan rather than contracting to an add-on interest loan.
A. The loan officer should offer the company an add-on interest loan because there is a high risk that the company will not be able to repay the principal on the loan at the end of the project's life.
B. The loan officer should offer the company a simple interest loan. The bank will make more money in the long run, because it can charge a much higher interest rate.

Deleon Inc. is preparing its annual budgets for the year ending December 31,2020. Accounting assistants furnish the data shown below. Product Product JB 50 JB 60 Sales budget: Anticipated volume in units 404,800 203,400 $22 $27 Unit selling price Production budget: Desired ending finished goods units 18,100 29,200 Beginning finished goods units 33,700 11,400 Direct materials budget: Direct materials per unit (pounds) 1 18,600 Desired ending direct materials pounds 33,600 Beginning direct materials pou 41,000 11,300 $3 $3 Cost per pound Direct labor budget: Direct labor time per unit 0.3 0.6 Direct labor rate per hour $11 $11 Budgeted income statement: $12 $21 Total unit cost 92 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter sho selling expenses of $664,000 for product JB 50 and $363,000 for product JB 60, and administrative expenses of $542,000 for product JB 50 and $344,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30%.
Prepare the sales budget for the year.

Ringmeup Inc had net income of $126,300 for the year ended December 31, 2013. At the beginning of the year, 44,000 shares of common stock were outstanding. On May 1, an additional 13,000 shares were issued. On December 1, the company purchased 4,500 shares of its own common stock and held them as treasury stock until the end of the year. No other changes in common shares outstanding occurred during the year. During the year, Ringmeup, Inc., paid the annual dividend on the 7,000 shares of 4.75%, $100 par value preferred stock that were outstanding the entire year. Calculate basic earnings per share of common stock for the year ended December 31, 2013

Scott Bestor is an accountant for Westfield Company. Early this year, Scott made a highly favorable projection of sales and profits over the next 3 years for Westfield's hot-selling computer PLEX. As a result of the projections Scott presented to senior management, the company decided to expand production in this area. This decision led to dislocations of some plant personnel who were reassigned to one of the company's newer plants in another state. However, no one was fired, and in fact the company expanded its workforce slightly. Unfortunately, Scott rechecked his projection computations a few months later and found that he had made an error that would have reduced his projections substantially. Luckily, sales of PLEX have exceeded projections so far, and management is satisfied with its decision. Scott, however, is not sure what to do. Should he confess his honest mistake and jeopardize his possible promotion

Swifty Company publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $26 per year. During November 2019, Swifty sells 27,120 subscriptions beginning with the December issue. Swifty prepares financial statements quarterly and recognizes subscription revenue at the end of the quarter. The company uses the accounts Unearned Subscription Revenue and Subscription Revenue.
1. Prepare the entry in November for the receipt of the subscriptions (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
2. Prepare the adjusting entry at December 31, 2015, to record sales revenue recognized in December 2015. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Which economist most supported the idea that poor workers would
eventually overthrow market economies and establish command economies?

Pamela was the agent in charge of distribution and collections for the Coble Dairy Products Cooperative. Thrower operated a grocery store and purchased dairy products from Coble. Pamela made false invoice sheets, showing delivery to Thrower of greater quantities than Thrower actually had ordered or received. Pamela collected from Thrower on the basis of these increased amounts, and then kept for herself the difference between the increased amounts and the amounts that should have been charged. When Thrower learned of this, he sued Coble for the excess payments he had made. Coble denied that Pamela was its agent in making excess collections. Will Thrower win?

The law of one price states that: The cost of an individual good should be higher in countries with higher productivity In ideally efficient markets, the real purchasing power of a currency should be the same regardless of where it is spent The nominal exchange rates should always be the same as the real exchange rates, both in the short run and in the long run Which of the following scenarios illustrates why the law of one price may not hold?

a. The formation of the European Union creates a custom union among its member states, where internally traded goods are not subject to custom duties, tariffs, or import quotas.
b. Small electronic devices, such as computer chips, are relatively light and can be shipped in bulk.
c. Cement is very heavy, and the cost of shipping is measured by weight.

A company is trying to estimate the cost of debt for a new project. For their estimate, they will find the yield to maturity on existing company bonds. They have one outstanding bond issue at the moment that will mature in 15.00 years. The bond pays an annual coupon of 9.00%, with a face value of $1,000. The bond currently trades at 92.00% of face value. What is the yield to maturity on the existing debt

Write a paragraph about Bad customer service

Qwest Communications International, Inc. borrowed $499,000 on November 1, 2021, and signed a 12-month note bearing interest at 8%. Interest is payable in full at maturity on October 31, 2022. Related to this note, Qwest should report interest payable at December 31, 2021, in the amount of: (Round your final answers to the nearest whole dollar.) Multiple Choice $39,920. $33,267. None of these answer choices are correct. $6,653. $26,613.

The following facts relate to Oriole Corporation.
1. Deferred tax liability, January 1, 2020, $41,600.
2. Deferred tax asset, January 1, 2020, $0.
3. Taxable income for 2020, $98,800.
4. Pretax financial income for 2020, $104,000.
5. Cumulative temporary difference at December 31, 2020, giving rise to future taxable amounts, $249,600.
6. Cumulative temporary difference at December 31, 2020, giving rise to future deductible amounts, $36,400.
7. Tax rate for all years, 20%.
8. The company is expected to operate profitably in the future.
1. Compute income taxes payable for 2020:
2. Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2020.
3. Prepare the income tax expense section of the income statement for 2020, beginning with the line "Income before income taxes."

Howard's Supply Co. suffered a fire loss on April 20, 2021. The company's last physical inventory was taken January 30, 2021, at which time the inventory totaled $226,000. Sales from January 30 to April 20 were $606,000 and purchases during that time were $456,000. Howard's consistently reports a 30% gross profit. The estimated inventory loss is: Multiple Choice

Peyton sells an office building and the associated land on May 1 of the current year. Under the terms of the sales contract, Peyton is to receive $2,408,400 in cash. The purchaser is to assume Peyton's mortgage of $1,445,040 on the property. To enable the purchaser to obtain adequate financing, Peyton is to pay the $28,901 in points charged by the lender. The broker's commission on the sale is $96,336. What is Peyton's amount realized

Which of the following is not true of the 3 level variance analysis of operating​ income?

a. Level 2 shows the direct material price and efficiency variances
b. Level 2 shows the​ sales-volume variance for operating income
c. Level 3 shows the fixed overhead production volume variance as a component of the​ sales-volume variance for operating income
d. Level 1 shows the static budget variance for operating income

Grensfield, a state in Markova, is struggling to allocate sufficient financial resources to its employee pension funds. To fulfill its obligations to the pensioners of the state, Grensfield needs to raise funds to provide the promised pension benefits. In this case, which of the following actions by Grensfield to raise funds is likely to receive the most support from the public?
a. Coupling employee contribution plans with tax exemption benefits
b. Banning all types of labor unions
c. Doing away with employee stock ownership plans (ESOPs) and 401(k) plans
d. Requesting extensive employee involvement in defined contribution pension plans

Use the following information to prepare the July cash budget for Acco Co. It should show expected cash receipts and cash payments for the month and the cash balance expected on July 31.

a. Beginning cash balance on July 1: $74,000.
b. Cash receipts from sales: 25% is collected in the month of sale, 50% in the next month, and 25% in the second month after sale (uncollectible accounts are negligible and can be ignored). Sales amounts are May (actual), $1,920,000; June (actual), $1,420,000; and July (budgeted), $1,550,000.
c. Payments on merchandise purchases: 80% in the month of purchase and 20% in the month following purchase. Purchases amounts are: June (actual), $460,000; and July (budgeted), $740,000.
d. Budgeted cash payments for salaries in July: $260,000. Budgeted depreciation expense for July: $10,000.
e. Other cash expenses budgeted for July: $280,000.
f. Accrued income taxes due in July: $50,000.
g. Bank loan interest paid in July: $7,000.