J & L Accounting‚ Inc. Income Statement For the Month Ending January 31‚ 2013 Revenues Service Revenues 8‚375.00 Expenses Advertising Expense 2‚350.00 Rent Expense 1‚000.00 Office Supplies Expense 75.00 Telephone Expense 660.00 Utilities Expense 2‚925.00 Depreciation Expense 1‚100.00 Total Expenses 8‚110.00 Net Income 265.00 J & L Accounting‚ Inc. Post-Closing Trial Balance January 31‚ 2013
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1. J & L should hedge only some of its exposures to diesel fuel. Although there are several financial instruments available for J & L to hedge against the risk of rising diesel fuel prices‚ these instruments still have their own downsides and possibly their own risks. For example‚ the future contracts from NYMEX seems like an effective hedging strategy for J &L‚ but there are some difficulties in terms of using futures from NYMEX to hedge against the diesel prices. NYMEX does not trade
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J & L Railroad 1. J & L can use heating oil futures to hedge its exposure to diesel fuel prices. Which futures position should J & L take? Explain. J&L Railroad should take a long position. They need to purchase diesel fuel in the future‚ they don’t produce diesel fuel‚ so they would want to take a future to be able to lock in the price of diesel fuel for future purchases. 2. What problems could the use of heating oil futures for hedging create for J&L? Note: I assume this question is asking
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As the football team waits in the locker room waiting to walk down the steps‚ the whole football team can hear the crowd cheering and we can all hear the music playing‚ from outside. As Coach Mullins is getting us ready to play‚ we all think about why we play the game and what it means to be apart of this team. Everyone has different thoughts and different reasons‚ but we all play the game for one reason‚ and one reason only‚ that is to win a state championship. When the coach has finished with his
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March). The Team Role Test: Development and validation of a team role knowledge situational judgment test. Journal of Applied Psychology‚ 93(2)‚ 250-267. Retrieved April 3‚ 2008‚ doi:10.1037/0021-9010.93.2.250 The problem addressed by this study was vaguely stated in the title but very much related to the objectives of the study. The researchers proposed that the movement to team-based work designs in organizations has created specific challenges to managers responsible for staffing teams with individuals
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Team Roles Building a team requires considered thought. By choosing team members that are Capable to do his or her work accordingly. All strong organizations struggle to find select role players to maximize goal achievement. According to Meredith Belbin (1993)‚ there are nine roles that successful teams should have: Coordinator‚ Shaper‚ Plant‚ Resource investigator‚ Implementer‚ Team worker‚ Completer‚ Monitor evaluator‚ Specialist (Belbin ‚1993). Meredith
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L. & J.G. Stickley has passed the test of time from its inception in 1900. Its popularity has been rooted to the high quality furniture products exhibited by each worker in the industry so that the ends result of its furniture products‚ are outstanding. The company has also invested in production of its furniture using various kinds of wood. This form of diversity‚ use of cherry to mahogany wood has won the company extensive markets among them are 120 dealers in the United States. Today‚ L. & J.G
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Essay_Le Minh Man MIXING OF ROLES MAKE A TEAM INTO A BALANCED AND EFFECTIVE GROUP Good teamwork is essential to creating a successful practice. This is because good teamwork creates synergy – where the combined effect of the team is greater than the sum of individual efforts. According Meredith Belbin‚ who is a British researcher and management theorist best known for his work on management teams‚ there were nine team roles and he categorized them into three groups: Action Oriented‚ People
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Compare the roles of the different members of a team Football teams There are many different roles in the modern football team; teams consist of 11 players with one player in the goal and the rest playing outfield all the roles of the different members of the team are vital in the team winning a game. Goalkeeper The goalkeeper is a very specialised role compared to all the other members of a team‚ a goalkeeper will rarely end up playing in a different position‚ where as other members of the
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The problem of evil‚ as articulated by J.L. Mackie‚ is directed at theism and concerns the consistency of the following claims: God is omniscient; God is omnipotent; God is omnibenevolent; evil exists. If God is indeed omniscient‚ then he should be completely knowledgeable about all evil that exists. If God is omnipotent‚ then it should be within his power to prevent all evil from occurring. Finally‚ if God is omnibenevolent‚ or morally perfect‚ then it should be the case that he would not allow
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