tag:blogger.com,1999:blog-19924679813584283352024-02-08T09:08:04.323-08:00Mr. Underwood's Incredible Accounting BlogCorey Underwood Designs Bloghttp://www.blogger.com/profile/09181490858099711517noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-1992467981358428335.post-57612519283436878232016-12-05T16:15:00.000-08:002016-12-12T10:56:09.383-08:00Week 10 EOC: My Plans As I grow closer to completing the Advertising program, I am beginning to obsess over a single question, what next? Long-term goals and far-off dreams are very simple to string together and talk about everyday but the tables start to turn when the time for action seems to come. This is when society starts compromising their dreams for safer realities and life seems to change their path. I find myself racking my brain for the right answer, scouring my surroundings for even the slightest hint as to what my next step should be. Yet, I always seem to go back to the same thought each time. My whole life I have been forced into a path of education. From a toddler to a young adult, the government mandated that I received a standardized form of training. Upon completing the public education system, I found myself right back on same path of conditioning. The socially constructed goal of a high school diploma seemingly morphed into a college degree as soon as my graduation cap was flung into the air. All of the hours spent studying, the mornings spent waking to an alarm clock, the virtually endless standardized tests and we never think to stop and ask why. Even years later, I can still here my mother say, "You need to get your bachelors degree so you can get a good job and make money." I never argued with her on the topic. Both of my parents received their degrees while raising a family and working to provide for us. They are in a much better financial position now directly because of it. So here I am, on the final stretch to the ultimate goal that society has dangled in front of my nose and I refuse to believe it is just to get me qualified to take some low-level corporate position. As children we start learning as soon as we are able to, we are put through a 12-year-long government mandated training camp in order to get ready to work and stimulate the economy. This is not why I am here. I am here to love, create, and inspire others. Sure, I may find myself working for a large advertising agency trying to get a promotion one day but that will not define me. I may find myself still mixing drinks in ten years and still, that will not define me. Maybe I will take this knowledge I have accumulated and open up my dream businesses and make more money than I ever could have hoped for. That still will not define me. Dreaming is a healthy outlet for our minds but it is important to remember the words of a very wise man known as Albus Dumbledore, "<span style="color: red;">It does not do to dwell on dreams and forget to live."</span> Society has taught us to hope for that dream job or dream salary but this is a common misconception. Our souls crave something a job and money can not reach. My past and all of the lessons that I have learned up to the present day have equipped me with the tools necessary to bring me to my wildest dreams and also to my lowest downfalls. As long as I stay true to myself, surrounded by loved ones and never stop inspiring, I will achieve goals that I can not even currently fathom. I will not deny, I do have a desired path towards my entrepreneurial and monetary success but I refuse to label that as my plans. As far as I am concerned, my only plan is to wake up every morning with a smile on my face and whatever gets me there, so be it. Corey Underwood Designs Bloghttp://www.blogger.com/profile/09181490858099711517noreply@blogger.com0tag:blogger.com,1999:blog-1992467981358428335.post-49271644745849081222016-12-05T12:10:00.001-08:002016-12-05T12:29:25.960-08:00Week 9 EOC: Book Question 1. If Dan and Loralei decide to buy the restaurant, some fixed costs would be incurred. List at least five important fixed costs that would be directly affected by the purchase decisions Dan would make regarding the acquisition of the property. Five important fixed cost that would be directly affected include management salaries, property taxes, insurance policies, mortgage and depreciation. <span style="color: red;">"A fixed cost is one that remains constant despite increases or decreases in sales volume (number of guests served or number of rooms sold)." (316)</span><br />
2. If Dan and Loralei operate the restaurant, some variable costs would be incurred. List at least five important variable costs that would be directly affected by the operating decisions Loralei will make as she manages the restaurant. Five important variable costs that would be directly affected would be food costs, beverage costs, labor costs, utilities and commissions. <span style="color: red;">"A variable cost is one that increases as sales volume increases and decreases as sales volume decreases." (317)</span><br />
3. Consider the decisions Dan and Loralei will make if they choose to acquire the restaurant. While clearly both are important, whose decisions do you think are the most important to ensuring the future profitability of the Watershed? Why do you think so? In order to create a successful business, Dan and Loralei will have to combine their efforts to maintain a productive business strategy. In order to create a profit, an increase in sale and a decrease in costs would both be very helpful. The duo will have to first analyze the current situation for the fixed cost to determine exactly how much it actually costs to run the business. <span style="color: red;">"Good managers seek to decrease their fixed costs to their lowest practical levels while still satisfying the needs of the business and its customers." (318)</span> This is where certain costs are cut in order to set the business up for profitability. From there, variable costs will be analyzed during operation and costs will be cut where needed. This combine effort will set the business up for the fastest track to profitability. Corey Underwood Designs Bloghttp://www.blogger.com/profile/09181490858099711517noreply@blogger.com0tag:blogger.com,1999:blog-1992467981358428335.post-77296103565763409642016-11-28T00:30:00.004-08:002016-12-05T12:29:17.261-08:00EOC Week 8: Chapter 8 Question 4<br />
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<span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">a.
What were the total revenues in October 2009 and October 2010?</span><span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;"> The total revenues in October 2009 were
545,000 and 583,000 in October 2010. </span><span style="color: red;"><span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">"Because revenue is a product
of both price and number sold, yield in the hotel industry is a product of ADR
and occupancy." (288)</span></span></div>
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<span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">b.
What was the GOP in dollars in October 2009 and October 2010? </span><span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;"><span style="mso-spacerun: yes;"></span>The GOP in October 2009 was 162,000 and
October 2010 was 184,550. </span><span style="color: red;"><span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">"Gross operating profit (GOP) is, in
effect, total hotel revenue less those expenses that are considered directly
controllable by management." (296) </span></span></div>
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<span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">c.
What was the percentage of GOP to total revenues in October 2009 and October
2010? </span><span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">The percentage of GOP to total revenues in
October 2009 was 29.72% and October 2010 was 31.66%</span></div>
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<span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">d.
What was the flow-through percentage achieved by Santi’s hotel? What is your
assessment of that percentage? </span><span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">The flow-through percentage achieved by Santi's hotel was 59.34%. This
is a great percentage and it proves that the business is running efficiently.
<span style="color: red;">"</span></span><span style="color: red;"><span style="font-family: "arial"; font-size: 12.0pt;">When flow-through is high (over 50%), it reflects
efficiency on the part of management in converting additional revenues into
additional profits." (43) </span></span></div>
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Corey Underwood Designs Bloghttp://www.blogger.com/profile/09181490858099711517noreply@blogger.com0tag:blogger.com,1999:blog-1992467981358428335.post-91590501672776892182016-11-14T15:45:00.002-08:002016-12-05T12:29:04.732-08:00EOC Week 7: Trump and Small Business This November, the people of the United States made a decision that stuck a chord throughout the globe. Markets crashed, people rioted and many foreign investors seemingly lost hope in the future of the United States. Without even being assigned the official presidency, president-elect Donald Trump has shaken up the world. <span style="color: red;">"As unpredictable as this election has been, researchers at Bespoke
Investment Group have found that stocks have been fairly predictable
after the election, tending to sell off." (Marketwatch.com)</span> With the markets scattered across the board and the American people torn, the election of Trump will surely have a noticeable effect on the lives of small-town Americans and especially small business owners. While Trump may have personality differences, his policies are actually pretty familiar to the American people, taking stances on issues that we've seen from both major political parties. When it comes to small business, a Trump presidency actually seems promising. <span style="color: red;">"Karen Kerrigan, president and CEO of The Small Business and Entrepreneurship Council (SBE Council), looks forward to working with Trump’s administration, stating that 'His agenda of lower taxes and simplifying the tax code, relieving small
businesses of excessive regulation and red tape, competitive solutions
for more affordable health insurance, bringing down barriers to capital
access and formation, leveraging our energy resources and America’s
energy renaissance more fully, smarter trade agreements, and advancing
growth-oriented policies to restore healthy investment won the day.'" (Blackenterprise.com) <span style="color: black;">Small business owners everywhere are starting to regain some hope with a Trump presidency. With certain policies in place a certain promises fulfilled, a Trump administration is looking to be quite promising for small business owners throughout the country. <span style="color: red;">"</span></span></span><span style="color: red;"><span style="color: black;"><span style="color: red;">Part of Trump’s so-called “new deal,” which he revealed during one of
his election stops, included new tax incentives for inner cities, new
microloans for African Americans to start companies and hire workers,
and a plan to reinvest money from suspended refugee programs in inner
cities." (Blackenterprise.com)</span> Since the election, markets have returned to stability and most people have calmed down for the most part. Now us as Americans are left to wait and hope for the change that we have all been looking for. </span></span> Corey Underwood Designs Bloghttp://www.blogger.com/profile/09181490858099711517noreply@blogger.com0tag:blogger.com,1999:blog-1992467981358428335.post-16455297874610443142016-11-14T12:10:00.000-08:002016-11-14T12:17:49.166-08:00Week 6 EOC: Weed In The WorkplaceThe prohibition of cannabis throughout the twentieth century has made it easy for strict regulations to be established by corporations and lawmakers for marijuana use by employees and citizens. Since the legalization movement started gaining ground and medical marijuana became popular throughout various states, a whole new classification of regulations and laws were now needed. Are you going to fire a 60-year-old man fighting cancer for using cannabis oil to mitigate his disease? It was obvious that a change was needed. Now, some new changes are necessary as more and more states are choosing to legalize marijuana for recreational use. One major conflict that this movement is causing is employment regulations. Should a qualified candidate not be hired for a position for using marijuana if they live in a recreational state? What is the legal difference now between alcohol use and "pot" use? These are questions that employers all over the country are being faced with and it has not been easy to answer. <span style="color: red;">"Fortunately for employers, the marijuana laws in Alaska, Colorado and
the District of Columbia provide express protections, indicating that
employers are not required to permit or accommodate the use, sale,
possession, transfer or the like of marijuana in the workplace. The laws
in Oregon and Washington, however, are silent as to the impact of
recreational marijuana in the workplace."</span> The recreational marijuana programs have already been established in states are tightly ran and, of course, highly taxed. The distribution of the drug is practically forced into the legal scene, where the state government has control. Similar programs are found throughout the country in liquor regulation, in fact, liquor regulation in states like Virginia are much stricter than the marijuana regulation in recreational states. Employers should look at marijuana use like they look at alcohol use. <span style="color: red;">"<span>...alcohol use is legal, but companies have a right to prohibit
employees from working under the influence of this substance. So,
therefore, employers certainly may institute drug-free-workplace
policies..."</span> </span>You would not lose your possibilities for the job position for having a beer the night before the interview, therefore, you should not do the same for enjoying a joint the night before. As such, showing up to work drunk probably will get you fired, smoking one right before going into work should not be tolerated. If the employee's performance is compromised or influenced by marijuana or alcohol in the workplace, disciplinary action should follow according to the employers regulations in place. <span style="color: red;">"The potential consequences of marijuana use in the workplace include the risk and associated cost of adverse events and the loss of productivity."</span> The legalization of marijuana is a great thing for the people of American and each state's economy when handled correctly. As long as regulations are set and the limitations are clear, this movement is one step in the right direction for the United States of America. Corey Underwood Designs Bloghttp://www.blogger.com/profile/09181490858099711517noreply@blogger.com0tag:blogger.com,1999:blog-1992467981358428335.post-156206121755564082016-10-30T15:22:00.003-07:002016-10-31T03:58:20.672-07:00Week 4 EOC: Chapter 5 Question 2 <br />
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<span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">a.
Did the change in Cash reflect a Source or a Use of funds? What was the amount
of that change? </span><span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">The change in cash from 336,000 to 350,000 is
considered a Use of 14,000 <span style="color: red;">"Sources represent inflows and uses represent outflows of funds for the hospitality business." (147)</span></span><span style="color: maroon; font-family: "arial"; font-size: 12.0pt; font-style: normal; font-weight: normal; vertical-align: baseline;"><span style="color: red;"><span style="mso-spacerun: yes;"></span></span><br /></span></div>
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<span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">b.
Did the change in Net Receivables reflect a Source or a Use of funds? What was
the amount of that change?</span><span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;"> <span style="mso-spacerun: yes;"></span>The change in net recieveables from 1,520,000
to 1,550,000 is considered a Source of 30,000</span></div>
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<span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">c.
Did the change in Notes Payable reflect a Source or a Use of funds? What was
the amount of that change?</span><span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;"> The change in notes payable from 134,000 to
90,000 is considered a Use of 44,000. <span style="color: red;">"One tool that can be used to help you identify money inflows and outflows of a hospitality business is to calculate its sources and uses of funds from its balance sheets from last period to this period." (147)</span></span></div>
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<span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">d.
Did the change in Retained Earnings reflect a Source or a Use of funds? What
was the amount of that change?</span><span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;"> The change in retained earnings from
1,146,000 to 1,250,000 is considered a Source of 104,000 <span style="color: red;">"Retained earnings refer simply to the accumulated amount of profits over the life of the business that have not been distributed as dividends." (128)</span></span></div>
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<span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">e.
What was the total amount of Sources and Uses of Funds?</span><span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;"><span style="mso-spacerun: yes;"> </span>The total amount of sources was 453,000 and
the uses were 1,033,000</span></div>
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Corey Underwood Designs Bloghttp://www.blogger.com/profile/09181490858099711517noreply@blogger.com0tag:blogger.com,1999:blog-1992467981358428335.post-19666152815954527742016-10-30T15:22:00.001-07:002016-10-31T03:43:32.522-07:00Week 4 EOC: Chapter 4 Question 3<br />
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<span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">a.
Compare Rachel’s Cash % with the chain’s %.<span style="mso-spacerun: yes;">
</span>Is it higher or lower?<span style="mso-spacerun: yes;"> </span>What might
this mean? </span><span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">Rachel's Cash % is 3.7% while the chain's is 6.70%. Rachel's is lower so that
means she has a lower cash flow than chain's average.<span style="mso-spacerun: yes;"> </span></span></div>
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<span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">b.
Compare Rachel’s Inventories % with the chain’s %.<span style="mso-spacerun: yes;"> </span>Is it higher or lower?<span style="mso-spacerun: yes;"> </span>What might this mean? </span><span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">Rachel's Inventory % is 2.3% as opposed to the chain's 1.30%. Which means that
her inventory is more than the chain's average inventories.<span style="color: red;">"There is no guarantee that payment for all inventories will be collected in full, and thus some may end up being reported as receivables." (124)</span></span></div>
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<span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">c.
Compare Rachel’s Accounts Payable % with the chain’s %.<span style="mso-spacerun: yes;"> </span>Is it higher or lower?<span style="mso-spacerun: yes;"> </span>What might this mean?</span><span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">
Rachel's Accounts Payable % is 11.3% and the chain's average is. "10.50%. This
implies that Rachel has more into her accounts payable than the chain's average
rate. <span style="color: red;">"The most important sub-classifications of current liabilities include notes payable, income taxes payable, and accounts payable." (127) </span></span></div>
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<span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;">d.
Compare Rachel’s Notes Payable % with the chain’s %.<span style="mso-spacerun: yes;"> </span>Is it higher or lower?<span style="mso-spacerun: yes;"> </span>What might this mean? Rachel's Notes Payable % is 2.5% while the chain's rate is 1.10%. This means
that Rachels has more into her notes payble than the average. "</span><span style="font-family: "arial"; font-size: 12pt; font-style: normal; font-weight: normal; vertical-align: baseline;"><span style="color: red;">In
the hospitality industry, current liabilities typically consist of
payables resulting from the purchase of food, beverages, products,
services, and labor." (127)</span></span>
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Corey Underwood Designs Bloghttp://www.blogger.com/profile/09181490858099711517noreply@blogger.com0tag:blogger.com,1999:blog-1992467981358428335.post-13734763313202940812016-10-24T13:30:00.002-07:002016-10-30T14:51:51.371-07:00EOC Week 3: Best Restaurant ExperienceFood is not the only aspect of a restaurant that can make it an enjoyable experience and thriving business. From the exterior design that draws you in from the street to the comfortable corner booth that you sit in every time, there are many factors to consider when visiting a establishment. In 1955, in the far southeast regions of the United States a restaurant was born that would change the life of southerns for years to come. This restaurant was unlike any seen before. The food was greasy, the service was less-than-desirable and yes the guy that cooked your food was indeed smoking a cigarette simultaneously. At first the broken jukebox and unspeakable restroom made you second guess your culinary choices but when those gravy smothered hash browns hit your taste buds and those grits tasted better than your mother's ever could, you realize that heaven does exist. This southern born paradise is called many names but you may know it as Waffle House. After eating your year's worth of bacon grease and butter, the biggest slap-in-the-face is now just around the corner. Once you were able to walk again, you made your way up to the cash register to see how much damage you accumulated after ordering the half of the menu and are left with a most righteous surprise, the ridiculously low tab. You started making your way out of the restaurant, said bye to your server Lynette who mumbled something you probably did not want to hear and smile as you pass the battered jukebox. Something changed from when you first walked in through the doors you opened, the food went from greasy to spectacular, the service terrible to great and who needs to use the bathroom anyway, right? Waffle House was a staple of my past and I believe it will always by my best restaurant experience. Corey Underwood Designs Bloghttp://www.blogger.com/profile/09181490858099711517noreply@blogger.com0tag:blogger.com,1999:blog-1992467981358428335.post-34753401850802177942016-10-10T15:23:00.002-07:002016-10-16T16:40:23.267-07:00Week 2 EOC: Question 4<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
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<span style="color: maroon; font-family: "arial"; font-size: small; vertical-align: baseline;">a.
Which accounting method, Lisa's accrual accounting or Laura's cash accounting,
shows a higher net profit? </span><span style="font-size: small;"><span style="font-family: Calibri; font-style: normal; font-weight: normal; vertical-align: baseline;">Lisa's Accrual
Accounting shows higher net profit.</span></span></div>
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<span style="color: maroon; font-family: "arial"; font-size: small; vertical-align: baseline;">b.
Which accounting method shows the most accurate amount of money on hand to pay
bills? </span><span style="font-size: small;"><span style="font-family: Calibri; font-style: normal; font-weight: normal; vertical-align: baseline;">Laura's Cash
Accounting shows the most accurate amount of money on hand.
<span style="color: red;">"Alternatively, a cash accounting system is a method that records revenue
as being earned when it is actually recieved." (49)</span></span></span></div>
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<span style="color: maroon; font-family: "arial"; font-size: small; vertical-align: baseline;">c.
Which accounting method most accurately shows the revenues generated regardless
of when they were received? </span><span style="font-size: small;"><span style="font-family: Calibri; font-style: normal; font-weight: normal; vertical-align: baseline;">Lisa's Accrual
accounting is the most accurate way to show the revenues generated regardless
of when they were recieved. <span style="color: red;">"In an accrual accounting system, revenue is
recorded when it is earned, regardless of when it is collected." (49)</span></span></span></div>
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<span style="color: maroon; font-family: "arial"; font-size: small; vertical-align: baseline;">d.
Which accounting method most accurately shows the expenses incurred regardless
of when they were paid? </span><span style="font-size: small;"><span style="font-family: Calibri; font-style: normal; font-weight: normal; vertical-align: baseline;">Lisa's Accrual
accounting is the most accurate way to show the revenues generated regardless
of when they were recieved. </span></span></div>
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<span style="color: maroon; font-family: "arial"; font-size: small; vertical-align: baseline;">e.
Which accounting method most accurately shows actual cash inflows and outflows?</span></div>
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<span style="font-size: small;"><span style="font-family: Calibri; font-style: normal; font-weight: normal; vertical-align: baseline;">Laura's Cash
Accounting most accurately shows actual cash inflows and outflows.</span></span></div>
<span style="font-size: small;">
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<span style="color: maroon; font-family: "arial"; font-size: small; vertical-align: baseline;">f.
Which accounting method shows the most accurate reflection of their
restaurant’s true profitability? </span><span style="font-size: small;"><span style="font-family: Calibri; font-style: normal; font-weight: normal; vertical-align: baseline;">Lisa's Accrual
Accounting shows the most accurate reflection of their restaurant's true
profitability. <span style="color: red;">"The two choices accountants have in this area are that of
selecting an accrual system or a cash system as their basis for reporting
revenue and expense." (49)</span></span></span></div>
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Corey Underwood Designs Bloghttp://www.blogger.com/profile/09181490858099711517noreply@blogger.com0tag:blogger.com,1999:blog-1992467981358428335.post-18473191391798108412016-10-03T17:01:00.002-07:002016-10-24T13:38:56.605-07:00Week 1 EOC: Question 2<div style="direction: ltr; line-height: 13pt; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="font-family: "arial"; font-size: 12pt; vertical-align: baseline;">Answers:</span></div>
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<span style="font-family: "arial"; font-size: 12pt; vertical-align: baseline;">a. Is it legal? Since Laurie is a
mere representative of the brand, she is not legally entitled to claim any free
product. </span><span style="font-family: "arial"; font-size: 12pt; vertical-align: baseline;"><span style="color: red;"><span style="font-family: "arial"; font-size: 12pt; vertical-align: baseline;">"You must also consider whether or not it is permissible within the guidelines established by the company for which you work." (19)</span></span> The free hotdogs were a gesture meant to be recieved by the business
not the individual."You must also consider whether or not it is permissible within the guidelines established by the company for which you work."</span></div>
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<span style="font-family: "arial"; font-size: 12pt; vertical-align: baseline;">b. Does it hurt anyone? While this
may not hurt any individuals or businesses invovled in the transactions
directly, the sample product could have been used for the advancement of the
brand and the brand's purchasing relationships.</span></div>
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<span style="font-family: "arial"; font-size: 12pt; vertical-align: baseline;">c. Am I being honest? Laurie was
not being honest when she took the samples and used them for a personal gain
and not for the business. </span></div>
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<span style="font-family: "arial"; font-size: 12pt; vertical-align: baseline;">d. Would I care if it happened to
me? If I owned a company and a supplier of mine delievered samples to an
employee, I would expect that employee to contribute the sample for the
betterment of the brand. <span style="color: red;">"If you owned the company you work for, and you knew that one of the managers you had hired was given a gift of this size from a vendor, would you question the objectivity of that manager?" (20)</span></span></div>
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<span style="font-family: "arial"; font-size: 12pt; vertical-align: baseline;">e. Would I publicize my action? <span style="color: red;">"Your general manager would see it, other employees would see it, all of the other purveyors that you are going to do business with would see it, and even potential future employers would see it."</span> <span style="color: red;">(20)</span> I
would not feel comfortable sharing this internal information with the public if
I were in charge of Public Relations for the brand. The actions explained were
not honorable for the brand. </span></div>
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<span style="font-family: "arial"; font-size: 12pt; vertical-align: baseline;">f. What should be done with the
two cases of hot dogs? When Laurie received the two cases of hotdogs, her
superiors should have been informed and the all parties should had have a say
in to what should be done with the hot dogs. </span></div>
Corey Underwood Designs Bloghttp://www.blogger.com/profile/09181490858099711517noreply@blogger.com0tag:blogger.com,1999:blog-1992467981358428335.post-56835820025002698152016-10-03T16:58:00.002-07:002016-10-24T13:34:14.607-07:00Week 1 EOC: My Voice<div class="MsoNormal">
Corey Underwood Designs is a new-age advertisement agency
specializing in brand development and consumer relations. Founder, Corey
Underwood, comes from an extensive background working within several industries
with various brands across the board that have both made great successes and
have also fallen short. With this hands-on experience working with brands from
various commercial backgrounds, I am equipped with the precise tools to bring
your brand to the top of any market. Whether it is an ad campaign for your
upcoming summer music tour or maybe your clothing brand’s marketing strategy
just needs some adjusting, I will work with any brand to bring your business to
all new heights. The key aspect of my skill sets is the strong focus on
marketing and consumer relations. With such a strong basis in social media, the
connection my agency can bring between your company and the consumer is
incomparable. With that essential connection, I can bring your product into not
only the lives of consumers, but their hearts as well. With my previous
experience and growing knowledge of the industry, I have all of the tools
necessary to take your company or project to the next level. <o:p></o:p></div>
Corey Underwood Designs Bloghttp://www.blogger.com/profile/09181490858099711517noreply@blogger.com0