Month: June 2019

1. Verizon Wireless, AT&T, T-Mobiles and Sprint together provide over 90% cellphone services in the US wireless voice & data market. Each of these service providers spends hundreds of millions of dollars a year on television advertising to promote their coverage and quality of voice, video and data services. Obviously, if one company is advertising…

Diamond Foods On November 14, 2012, Diamond Foods Inc. disclosed restated financial statements tied to an accounting scandal that reduced its earnings during the first three quarters of 2012 as it took significant charges related to improper accounting for payments to walnut growers. The restatements cut Diamond’s earnings by 57 percent for FY 2011 to…

The U.S. government spends over $33 billion on its Food Stamp Program to provide millions of Americans with the means to purchase food. These stamps are redeemable for food at over 160,000 store locations throughout the nation, and they cannot be sold for cash or used to purchase nonfood items. The average food stamp benefit…

1) Finer Company uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general journal. The following transactions occur in the month of May. May. 2 Sold merchandise costing $370 to B. Facer for $555 cash, invoice no. 5703. 5 Purchased $2,300 of merchandise on credit from Marchant…

Many people still believe that companies care little about human resource management compared to other revenue-generating departments. Explain why companies have this perception. Describe how you would convince the company’s leadership of the value of HRM. (Points: 30) Ans: Human resource management practices are helping support the company’s business strategy and provide services the customer…