David Shim Case Study #2 A) What is the break-even point in passengers and revenues per month? Unit CM = $160 – $70= $90 Unit of Sales = 3‚150‚000 / $90= 35‚000 passengers Unit of Sales = 35‚000 x $160= $5‚600‚000 revenue B) What is the break-even point in number of passenger train cars per month? Unit of Sales = 35‚000/63= 555.5= 556 passenger cars C) If Springfield Express raises its average passenger fare
Premium Variable cost Costs Economics of production
Susan Mills is the supervisor of nurses in the pediatrics section of a 700-bed hospital in a metropolitan area. She has been in this position for six months‚ having moved from a similar position in a much smaller rural hospital. The first problem is task performance. Susan can’t get the nurses to perform tasks that need to be done. She asked a nurse to help her clean up the nurses’ station and the nurse responded‚ that’s the janitor’s job. The second problem is that the nurses don’t have that much
Premium Nursing Patient Nurse
General Motors Case General Motors had a faulty management strategy causing the firm to go into bankruptcy. One of the key components that led to failure was neglecting to collaborate between global divisions. As a multinational corporation‚ General Motors operated did not have sufficient collaboration between divisions
Premium Automobile General Motors
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND The importance of accounting system in any organization cannot be over emphasize. It does not only facilitate proper control and safeguard of assets of the organization but also helps management in its planning for the organizational objective by the information that the system supplies. Lack of efficient accounting practices lead to a series of financial problems‚ fraud‚ frustration among employees‚ loss of public confidence and possibly‚ the collapse
Premium Insurance
Week 11 Case Summary : Wayne Beatty v. Canadian Mill‚ 2003 BCSC 1053 (CanLII) FACTS Mr. Wayne Beatty‚ the plaintiff brought a claim against his former employer Canadian Mill Services Association (CMSA)‚ the defendant is suing for wrongful dismissal and contending he is eligible for increased damages due to the way the dismissal was handled. The damages include an additional 13 months’ notice and for the loss of a number of fringe benefits. CMSA is a non-profit forest industry association
Premium Termination of employment Employment Board of directors
1. What are some of the general challenges of starting new business in another country? What specific challenges did Copy General face in Eastern and Central Europe? Starting a new business from another country will have some general Challenges faced as follows: 1.Language barriers 2.Cultural diversity 3.Ethical problems and concerns 4.Political and economical conditions 5.Methods of doing business 6.Strategy formulation and implementation 7.Labor relation and industrial democracy
Premium Economics International trade Corporation
In this case‚ when Rob recorded the depreciation of computer equipment‚ he chose the straight-line method‚ acceptably so because the computer server’s output cannot be counted by unit. We also cannot determine that there is a higher amount of depreciation expense in the early years than in the later years. In addition‚ based on my research‚ some big companies like eBay and Amazon also use the straight-line method to record the depreciation expense of computer servers. In regards to this‚ I unfortunately
Premium Depreciation
Accounting (Managerial) 530 Portfolio Case Study Imagine you are applying to become a trainee in a management consulting company‚ Solutions Inc.‚ which claims to deliver innovative solutions. They are looking for innovative employees who engage with their work. The selection process will be rigorous. You know you will be asked to submit reports based on questions regarding your knowledge of management accounting practice and strategic management accounting. To provide a context for the reports
Premium Management accounting Activity-based costing Cost accounting
The Winnipeg General Strike Table of Contents 1.0 Executive Summary The main purpose of this report is to analyze how the environment factors have effect on the goals‚ strategies‚ value and power of the actors in Winnipeg General Strikes. By the Industrial Relations System model in Canada‚ the internal factors of the actors in this strike will be intertwined with outputs of the Winnipeg General Strike and itself. Through the analysis by the industrial
Premium Trade union Employment Collective bargaining
Describe Dollar General’s business strategy. What has the company been so successful? A1: Dollar General’s main business strategy is to focus on being the leading distributors of consumable basics‚ with 30% of the merchandise at $1.00 or less. Dollar General believes in maintaining an assortment of consumable merchandise and making shopping for everyday items hassle free and simplistic. Deriving most of their customer basis from Low‚ Middle and fixed income earners. With under-serviced rural and urban
Premium