A small primary care clinic has 69 employees, representing 9 different clinical professions and 12 other skills. It operates two (2) sites, one (1) of which is bigger and has the departments for medical specialists, diagnostic labs, and patient services. The clinic also contracts for a variety of services, such as repair and maintenance, referral specialists, and advanced diagnostic services. You are the manager. You report to the owners who are four (4) of the family practitioners and their wives. Two of the wives still work at the clinic as registered nurses. Write a five to seven (5-7) page paper in which you: Discuss the key political, economic, and social forces that may have influenced the development of the clinic. Create a comprehensive mission statement and explain what makes it a comprehensive mission statement. Identify three (3) performance measures you would use to measure the clinic’s effectiveness and provide the rationale for each performance measure. Describe how you would approach decisions regarding clinic expansion and annual plan approval. Describe the role of the clinic as a component of the healthcare delivery system in your community. Examine how public healthcare policy has influenced the formation of outpatient clinics in the healthcare system. Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are: Examine the political, economic, and social forces that have influenced the organizational foundations of the United States healthcare system Explain how public policy has shaped the development of the U.S. healthcare system. Analyze the critical management issues, purpose, functions, and performance measures of different departments within healthcare organizations. Use technology and information resources to research issues in health services organization management. Write clearly and concisely about health services organization management using proper writing mechanics. Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.

A small primary care clinic has 69 employees, representing 9 different clinical professions and 12 other skills. It operates two (2) sites, one (1) of which is bigger and has the departments for medical specialists, diagnostic labs, and patient services. The clinic also contracts for a variety of services, such as repair and maintenance, referral specialists, and advanced diagnostic services.

You are the manager. You report to the owners who are four (4) of the family practitioners and their wives. Two of the wives still work at the clinic as registered nurses.
Write a five to seven (5-7) page paper in which you:

Discuss the key political, economic, and social forces that may have influenced the development of the clinic.
Create a comprehensive mission statement and explain what makes it a comprehensive mission statement.
Identify three (3) performance measures you would use to measure the clinic’s effectiveness and provide the rationale for each performance measure.
Describe how you would approach decisions regarding clinic expansion and annual plan approval.
Describe the role of the clinic as a component of the healthcare delivery system in your community.
Examine how public healthcare policy has influenced the formation of outpatient clinics in the healthcare system.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:

Examine the political, economic, and social forces that have influenced the organizational foundations of the United States healthcare system
Explain how public policy has shaped the development of the U.S. healthcare system.
Analyze the critical management issues, purpose, functions, and performance measures of different departments within healthcare organizations.
Use technology and information resources to research issues in health services organization management.
Write clearly and concisely about health services organization management using proper writing mechanics.
Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.

“Leadership” Please respond to the following: · Explain and defend your views on each of the following statements: o “Managers do not give orders.” o “Managers do not make decisions.” o “Managers spend a lot of time listening.” o “The governing board’s calendar ultimately forces a decision.” o “Imagination is an important managerial skill.” Week 2 dq2 “Operational Leadership” Please respond to the following: · Create a scenario that depicts how a first-line leader should act to fulfill the purpose and functions of operational leadership in his or her area. · Determine how the senior leadership team knows that it has fulfilled the purpose and function of operational leadership well. · How do individual senior leaders evaluate their own contribution?

“Leadership” Please respond to the following:

· Explain and defend your views on each of the following statements:

o “Managers do not give orders.”

o “Managers do not make decisions.”

o “Managers spend a lot of time listening.”

o “The governing board’s calendar ultimately forces a decision.”

o “Imagination is an important managerial skill.”

Week 2 dq2
“Operational Leadership” Please respond to the following:

· Create a scenario that depicts how a first-line leader should act to fulfill the purpose and functions of operational leadership in his or her area.

· Determine how the senior leadership team knows that it has fulfilled the purpose and function of operational leadership well.

· How do individual senior leaders evaluate their own contribution?

2. A company produces two products that are processed on two assembly lines. Assembly line 1 has 100 available hours, and assembly line 2 has 42 available hours. Each product requires 10 hours of processing time on line 1, while on line 2 product 1 requires 7 hours and product 2 requires 3 hours. The profit for product 1 is $6 per unit, and the profit for product 2 is $4 per unit. a. Formulate a linear programming model for this problem. b. Solve the model by using graphical analysis. 6. The Pinewood Furniture Company produces chairs and tables from two resources – labor and wood. The company has 80 hours of labor and 36 board-ft. of wood available each day. Demand for chairs is limited to 6 per day. Each chair requires 8 hours of labor and 2 board-ft. of wood, whereas a table requires 10 hours of labor and 6 board-ft. of wood. The profit derived from each chair is $400 and from each table, $100. The company wants to determine the number of chairs and tables to produce each day in order to maximize profit. Formulate a linear programming model for this problem. a. Formulate a linear programming model for this problem. b. Solve the model by using graphical analysis. 7. In Problem 6, how much labor and wood will be unused if the optimal numbers of chairs and tables are produced? 12. The Elixer Drug Company produces a drug from two ingredients. Each ingredient contains the same three antibiotics, in different proportions. One gram of ingredient 1 contributes 3 units and one gram of ingredient 2 contributes 1 unit of antibiotic 1; the drug requires 6 units. At least 4 units of antibiotic 2 are required and the ingredients contribute 1 unit each per gram. At least 12 units of antibiotic 3 are required; a gram of ingredient 1 contributes 2 units, and a gram of ingredient 2 contributes 6 units. The cost for a gram of ingredient 1 is $80, and the cost for a gram of ingredient 2 is $50. The company wants to formulate a linear programming model to determine the number of grams of each ingredient that must go into the drug in order to meet the antibiotic requirements at the minimum cost. a. Formulate a linear programming model for this problem. b. Solve the model by using graphical analysis. 16. A clothier makes coats and slacks. The two resources required are wool cloth and labor. The clothier has 150 square yards of wool and 200 hours of labor available. Each coat requires 3 square yards of wool and 10 hours of labor, whereas each pair of slacks requires 5 square yards of wool and 4 hours of labor. The profit for a coat is $50, and the profit for slacks is $40. The clothier wants to determine the number of coats and pairs of slacks to make so that profit will be maximized. a. Formulate a linear programming model for this problem. b. Solve the model by using graphical analysis. 20. Solve the following linear programming model graphically: Maximize Z = 5×1 + 8×2 Subject to 3×1 + 5×2 ? 50 2×1 + 4×2 ? 40 x1 ? 8 x2 ? 10 x1, x2 ? 0

2. A company produces two products that are processed on two assembly lines. Assembly line 1 has 100 available hours, and assembly line 2 has 42 available hours. Each product requires 10 hours of processing time on line 1, while on line 2 product 1 requires 7 hours and product 2 requires 3 hours. The profit for product 1 is $6 per unit, and the profit for product 2 is $4 per unit.

a. Formulate a linear programming model for this problem.

b. Solve the model by using graphical analysis.

6. The Pinewood Furniture Company produces chairs and tables from two resources – labor and wood. The company has 80 hours of labor and 36 board-ft. of wood available each day. Demand for chairs is limited to 6 per day. Each chair requires 8 hours of labor and 2 board-ft. of wood, whereas a table requires 10 hours of labor and 6 board-ft. of wood. The profit derived from each chair is $400 and from each table, $100. The company wants to determine the number of chairs and tables to produce each day in order to maximize profit. Formulate a linear programming model for this problem.

a. Formulate a linear programming model for this problem.

b. Solve the model by using graphical analysis.

7. In Problem 6, how much labor and wood will be unused if the optimal numbers of chairs and tables are produced?

12. The Elixer Drug Company produces a drug from two ingredients. Each ingredient contains the same three antibiotics, in different proportions. One gram of ingredient 1 contributes 3 units and one gram of ingredient 2 contributes 1 unit of antibiotic 1; the drug requires 6 units. At least 4 units of antibiotic 2 are required and the ingredients contribute 1 unit each per gram. At least 12 units of antibiotic 3 are required; a gram of ingredient 1 contributes 2 units, and a gram of ingredient 2 contributes 6 units. The cost for a gram of ingredient 1 is $80, and the cost for a gram of ingredient 2 is $50. The company wants to formulate a linear programming model to determine the number of grams of each ingredient that must go into the drug in order to meet the antibiotic requirements at the minimum cost.

a. Formulate a linear programming model for this problem.

b. Solve the model by using graphical analysis.

16. A clothier makes coats and slacks. The two resources required are wool cloth and labor. The clothier has 150 square yards of wool and 200 hours of labor available. Each coat requires 3 square yards of wool and 10 hours of labor, whereas each pair of slacks requires 5 square yards of wool and 4 hours of labor. The profit for a coat is $50, and the profit for slacks is $40. The clothier wants to determine the number of coats and pairs of slacks to make so that profit will be maximized.

a. Formulate a linear programming model for this problem.

b. Solve the model by using graphical analysis.

20. Solve the following linear programming model graphically:

Maximize Z = 5×1 + 8×2

Subject to

3×1 + 5×2 ? 50

2×1 + 4×2 ? 40

x1 ? 8

x2 ? 10

x1, x2 ? 0

“Performance Measure” Please respond to the following: A clinic service wants to add a new performance measure that deals with service delay –the number of minutes after patient arrival that a given event occurs. Create three questions that should be asked about the clinic service’s proposed performance measure. Provide a rationale for each question. Determine if this request to add a new performance measure should be taken to the Definitions and Standards Committee. Support your answer. Identify three (3) electronic bibliographic resources that a clinic service manger could use to identify the performance parameters upon which this proposed performance measure would be based. week 7 diss 2 “Customer Loyalty” Please respond to the following: Evaluate the concept used by human resource managers that worker loyalty promotes customer loyalty. Create two scenarios in which worker loyalty may not promote customer loyalty

“Performance Measure” Please respond to the following:
A clinic service wants to add a new performance measure that deals with service delay –the number of minutes after patient arrival that a given event occurs. Create three questions that should be asked about the clinic service’s proposed performance measure. Provide a rationale for each question.
Determine if this request to add a new performance measure should be taken to the Definitions and Standards Committee. Support your answer.
Identify three (3) electronic bibliographic resources that a clinic service manger could use to identify the performance parameters upon which this proposed performance measure would be based.

week 7 diss 2

“Customer Loyalty” Please respond to the following:
Evaluate the concept used by human resource managers that worker loyalty promotes customer loyalty.
Create two scenarios in which worker loyalty may not promote customer loyalty

Exercise 6-25 Jonathan Macintosh is a highly successful Pennsylvania orchardman who has formed his own company to produce and package applesauce. Apples can be stored for several months in cold storage, so applesauce production is relatively uniform throughout the year. The recently hired controller for the firm is about to apply the high-low method in estimating the company’s energy cost behavior. The following costs were incurred during the past 12 months: Month Pints of Applesauce Produced Energy Cost January …………………………… 35,000 ………………………………………. $23,400 February …………………………. 21,000 ………………………………………. 22,100 March …………………………….. 22,000 ………………………………………. 22,000 April ………………………………. 24,000 ………………………………………. 22,450 May ……………………………….. 30,000 ………………………………………. 22,900 June ……………………………….. 32,000 ………………………………………. 23,350 July ……………………………….. 40,000 ………………………………………. 28,000 August …………………………… 30,000 ………………………………………. 22,800 September ……………………… 30,000 ………………………………………. 23,000 October …………………………. 28,000 ………………………………………. 22,700 November ……………………… 41,000 ………………………………………. 24,100 December ……………………… 39,000 ………………………………………. 24,950 Required: 1. Use the high-low method to estimate the company’s energy cost behavior and express it in equation form. 2. Predict the energy cost for a month in which 26,000 pints of applesauce are produced. ——————————————————————————————————————————— Exercise 7-37 Houston-based Advanced Electronics manufactures audio speakers for desktop computers. The following data relate to the period just ended when the company produced and sold 42,000 speaker sets: Sales ……………………………………………………………………………………………………………………………………… $3,360,000 Variable costs ………………………………………………………………………………………………………………………….. 840,000 Fixed costs ……………………………………………………………………………………………………………………………… 2,280,000 Management is considering relocating its manufacturing facilities to northern Mexico to reduce costs. Variable costs are expected to average $18 per set; annual fixed costs are anticipated to be $1,984,000. (In the following requirements, ignore income taxes.) Required: 1. Calculate the company’s current income and determine the level of dollar sales needed to double that figure, assuming that manufacturing operations remain in the United States. 2. Determine the break-even point in speaker sets if operations are shifted to Mexico. 3. Assume that management desires to achieve the Mexican break-even point; however, operations will remain in the United States. a. If variable costs remain constant, what must management do to fixed costs? By how much must fixed costs change? b. If fixed costs remain constant, what must management do to the variable cost per unit? By how much must unit variable cost change? 4. Determine the impact (increase, decrease, or no effect) of the following operating changes. a. Effect of an increase in direct material costs on the break-even point. b. Effect of an increase in fixed administrative costs on the unit contribution margin. c. Effect of an increase in the unit contribution margin on net income. d. Effect of a decrease in the number of units sold on the break-even point.

Exercise 6-25
Jonathan Macintosh is a highly successful Pennsylvania orchardman who has formed his own company to produce and package applesauce. Apples can be stored for several months in cold storage, so applesauce production is relatively uniform throughout the year. The recently hired controller for the firm is about to apply the high-low method in estimating the company’s energy cost behavior. The following costs were incurred during the past 12 months:

Month Pints of Applesauce Produced Energy Cost
January …………………………… 35,000 ………………………………………. $23,400
February …………………………. 21,000 ………………………………………. 22,100
March …………………………….. 22,000 ………………………………………. 22,000
April ………………………………. 24,000 ………………………………………. 22,450
May ……………………………….. 30,000 ………………………………………. 22,900
June ……………………………….. 32,000 ………………………………………. 23,350
July ……………………………….. 40,000 ………………………………………. 28,000
August …………………………… 30,000 ………………………………………. 22,800
September ……………………… 30,000 ………………………………………. 23,000
October …………………………. 28,000 ………………………………………. 22,700
November ……………………… 41,000 ………………………………………. 24,100
December ……………………… 39,000 ………………………………………. 24,950

Required:
1. Use the high-low method to estimate the company’s energy cost behavior and express it in
equation form.
2. Predict the energy cost for a month in which 26,000 pints of applesauce are produced.
———————————————————————————————————————————
Exercise 7-37
Houston-based Advanced Electronics manufactures audio speakers for desktop computers. The following
data relate to the period just ended when the company produced and sold 42,000 speaker sets:
Sales ……………………………………………………………………………………………………………………………………… $3,360,000
Variable costs ………………………………………………………………………………………………………………………….. 840,000
Fixed costs ……………………………………………………………………………………………………………………………… 2,280,000
Management is considering relocating its manufacturing facilities to northern Mexico to reduce costs.
Variable costs are expected to average $18 per set; annual fixed costs are anticipated to be $1,984,000.
(In the following requirements, ignore income taxes.)

Required:
1. Calculate the company’s current income and determine the level of dollar sales needed to double
that figure, assuming that manufacturing operations remain in the United States.
2. Determine the break-even point in speaker sets if operations are shifted to Mexico.
3. Assume that management desires to achieve the Mexican break-even point; however, operations
will remain in the United States.
a. If variable costs remain constant, what must management do to fixed costs? By how much
must fixed costs change?
b. If fixed costs remain constant, what must management do to the variable cost per unit? By
how much must unit variable cost change?
4. Determine the impact (increase, decrease, or no effect) of the following operating changes.
a. Effect of an increase in direct material costs on the break-even point.
b. Effect of an increase in fixed administrative costs on the unit contribution margin.
c. Effect of an increase in the unit contribution margin on net income.
d. Effect of a decrease in the number of units sold on the break-even point.

The information contained in your selected organization’s balance sheet and income statement to calculate the following: •Liquidity ratios ?Current ratio ?Acid-test, or quick, ratio ?Receivables turnover ?Inventory turnover •Profitability ratios ?Asset turnover ?Profit margin ?Return on assets ?Return on common stockholders’ equity •Solvency ratios ?Debt to total assets ?Times interest earned Show your calculations for each ratio. Create a horizontal and vertical analysis for the balance sheet and the income statement. Write a 350- to 700-word memo to the CEO of your selected organization in which you discuss your findings from your ratio calculations and your horizontal and vertical analysis. In your memo, address the following questions: •What do the liquidity, profitability, and solvency ratios reveal about the financial position of the company? •Which users may be interested in each type of ratio? •What does the collected data reveal about the performance and position of the company? Format your memo consistent with APA guidelines. Income Statement 1/1/2008 – 12/31/2008 Revenue $3,249,580.53 Direct Expenses Salaries & Wages $487,437.08 Vehicle Maintenance $64,991.61 Fuel $20,449.80 Traps & Chemicals $1,378,203.63 $1,951,082.12 $1,951,082.12 Indirect Expenses Rent $39,338.17 Licenses $2,480.00 Insurance $103,613.43 Administrative Salaries $150,250.00 Commissions $16,991.61 Payroll Taxes $72,014.66 Legal Expenses $12,000.00 Accounting Fees $7,000.00 Office Supplies $7,800.00 Utilities $10,806.40 Advertising Expenses $116,000.00 Bad Debts $122,138.64 Depreciation Expense $94,925.75 Misc. Expense $50,000.00 $805,358.66 $805,358.66 Total Expenses $2,756,440.78 $2,756,440.78 Net Income $493,139.75 1/1/2007 – 12/31/2007 Revenue $3,893,027.78 Direct Expenses Salaries & Wages $583,954.17 Traps & Chemicals $1,651,100.81 Fuel $19,177.32 Vehicle Maintenance $77,860.56 $2,332,092.85 $2,332,092.85 Indirect Expenses Rent $38,192.40 Licenses $2,480.00 Interest Expense $0.00 Insurance $103,613.43 Admin. Salaries $133,500.00 Commissions $52,860.49 Payroll Taxes $84,734.61 Legal Expenses $12,000.00 Accounting Fees $7,000.00 Office Supplies $7,800.00 Utilities $9,824.00 Advertising Expenses $81,510.00 Bad Debts $103,493.45 Depreciation Expense $94,925.75 Misc. Expenses $60,000.00 $791,934.13 $791,934.13 $3,124,026.98 $3,124,026.98 Net Income $769,000.80 Balance Sheet 12/31/2008 Current Assets Cash $818,440.68 Accounts Receivable $812,395.13 Inventory $205,934.30 Total Current Assets $1,836,770.12 Fixed Assets Vehicles $268,750.00 Tools $110,953.00 Less Accumulated Depreciation ($284,431.95) Total Fixed Assets $95,271.05 Total Assets $1,932,041.17 Liabilities Current Liabilities Accrued Payroll Taxes $36,007.33 Accounts Payable $270,798.38 Total Current Liabilities $306,805.71 Long-Term Liabilities $0.00 Total Liabilites $306,805.71 Stockholders Equity Common Stock (1,000,000 authorized shares at $1 par) $70,000.00 Retained Earnings $1,062,095.71 Net Income $493,139.75 Total Stockholders Equity $1,625,235.46 Total Liabilities & Stockholders Equity $1,932,041.17 Balance Sheets 12/31/2007 Current Assets Cash $291,703.44 Accounts Receivable $811,047.45 Inventory $205,934.30 Total Current Assets $1,308,685.20 Fixed Assets Vehicles $268,750.00 Tools $110,953.00 Less Accumulated Depreciation ($189,506.20) Total Fixed Assets $190,196.80 Total Assets $1,498,882.00 Liabilities Current Liabilities Accrued Payroll Taxes $42,367.31 Accounts Payable $324,418.98 Total Current Liabilities $366,786.29 Long?Term Liabilities Auto Loans $0.00 Total Long?Term Liabilities $0.00 Total Liabilities $366,786.29 Stockholders Equity Common Stock (1,000,000 authorized shares at $1 par) $70,000.00 Retained Earnings $293,094.91 Net Income $769,000.80 Total Stockholders Equity $1,132,095.71 Total Liabilities & Stockholders Equity $1,498,882.00

The information contained in your selected organization’s balance sheet and income statement to calculate the following:
•Liquidity ratios ?Current ratio
?Acid-test, or quick, ratio
?Receivables turnover
?Inventory turnover

•Profitability ratios ?Asset turnover
?Profit margin
?Return on assets
?Return on common stockholders’ equity

•Solvency ratios ?Debt to total assets
?Times interest earned

Show your calculations for each ratio.

Create a horizontal and vertical analysis for the balance sheet and the income statement.

Write a 350- to 700-word memo to the CEO of your selected organization in which you discuss your findings from your ratio calculations and your horizontal and vertical analysis. In your memo, address the following questions:
•What do the liquidity, profitability, and solvency ratios reveal about the financial position of the company?
•Which users may be interested in each type of ratio?
•What does the collected data reveal about the performance and position of the company?

Format your memo consistent with APA guidelines.

Income Statement
1/1/2008 – 12/31/2008

Revenue $3,249,580.53

Direct Expenses
Salaries & Wages $487,437.08
Vehicle Maintenance $64,991.61
Fuel $20,449.80
Traps & Chemicals $1,378,203.63
$1,951,082.12 $1,951,082.12

Indirect Expenses
Rent $39,338.17
Licenses $2,480.00
Insurance $103,613.43
Administrative Salaries $150,250.00
Commissions $16,991.61
Payroll Taxes $72,014.66
Legal Expenses $12,000.00
Accounting Fees $7,000.00
Office Supplies $7,800.00
Utilities $10,806.40
Advertising Expenses $116,000.00
Bad Debts $122,138.64
Depreciation Expense $94,925.75
Misc. Expense $50,000.00
$805,358.66 $805,358.66
Total Expenses $2,756,440.78 $2,756,440.78

Net Income $493,139.75

1/1/2007 – 12/31/2007
Revenue
$3,893,027.78
Direct Expenses
Salaries & Wages
$583,954.17
Traps & Chemicals
$1,651,100.81
Fuel
$19,177.32
Vehicle Maintenance
$77,860.56
$2,332,092.85
$2,332,092.85
Indirect Expenses
Rent
$38,192.40
Licenses
$2,480.00
Interest Expense
$0.00
Insurance
$103,613.43
Admin. Salaries
$133,500.00
Commissions
$52,860.49
Payroll Taxes
$84,734.61
Legal Expenses
$12,000.00
Accounting Fees
$7,000.00
Office Supplies
$7,800.00
Utilities
$9,824.00
Advertising Expenses
$81,510.00
Bad Debts
$103,493.45
Depreciation Expense
$94,925.75
Misc. Expenses
$60,000.00
$791,934.13
$791,934.13
$3,124,026.98
$3,124,026.98
Net Income
$769,000.80

Balance Sheet
12/31/2008

Current Assets
Cash $818,440.68
Accounts Receivable $812,395.13
Inventory $205,934.30
Total Current Assets $1,836,770.12

Fixed Assets
Vehicles $268,750.00
Tools $110,953.00
Less Accumulated Depreciation ($284,431.95)
Total Fixed Assets $95,271.05

Total Assets $1,932,041.17

Liabilities

Current Liabilities
Accrued Payroll Taxes $36,007.33
Accounts Payable $270,798.38
Total Current Liabilities $306,805.71

Long-Term Liabilities $0.00

Total Liabilites $306,805.71

Stockholders Equity
Common Stock
(1,000,000 authorized shares at $1 par) $70,000.00
Retained Earnings $1,062,095.71
Net Income $493,139.75
Total Stockholders Equity $1,625,235.46

Total Liabilities & Stockholders Equity $1,932,041.17

Balance Sheets
12/31/2007
Current Assets
Cash
$291,703.44
Accounts Receivable
$811,047.45
Inventory
$205,934.30
Total Current Assets
$1,308,685.20
Fixed Assets
Vehicles
$268,750.00
Tools
$110,953.00
Less Accumulated Depreciation
($189,506.20)
Total Fixed Assets
$190,196.80
Total Assets
$1,498,882.00
Liabilities
Current Liabilities
Accrued Payroll Taxes
$42,367.31
Accounts Payable
$324,418.98
Total Current Liabilities
$366,786.29
Long?Term Liabilities
Auto Loans
$0.00
Total Long?Term Liabilities
$0.00
Total Liabilities
$366,786.29
Stockholders Equity
Common Stock (1,000,000 authorized shares at $1 par)
$70,000.00
Retained Earnings
$293,094.91
Net Income
$769,000.80
Total Stockholders Equity
$1,132,095.71
Total Liabilities & Stockholders Equity
$1,498,882.00

Watch the following two videos, “BMW Goes to War Against Chinese Carmaker?” and “The 2nd Amendment to China’s Patent Law”, ?http://www.youtube.com/watch?v=KlvMoV_sHhc&feature=youtu.be The primary types of intellectual property include patents, trademarks, trade names, copyrights, and trade secrets. Intellectual property often is a key factor in enabling companies to differentiate themselves and their products or services from those of their competitors, and therefore they can be a key factor underlying a firm’s competitive advantage within and across nations. Protecting these intellectual properties is an important objective, legally and strategically. What are the various forms of dispute resolution available to BMW? What are the advantages and disadvantages of each for BMW? Would your analysis be any different if the customer was from China and other developing countries (i.e. BRICs, ASEAN, etc.)? What if the customer was from the G-7 countries such as the United Kingdom and the United States? What should be the company’s strategies in these situations? Support your comments with information from this week’s lecture, readings and your research. Illustrate and reinforce your answer with practical examples.

Watch the following two videos, “BMW Goes to War Against Chinese Carmaker?” and “The 2nd Amendment to China’s Patent Law”, ?http://www.youtube.com/watch?v=KlvMoV_sHhc&feature=youtu.be

The primary types of intellectual property include patents, trademarks, trade names, copyrights, and trade secrets. Intellectual property often is a key factor in enabling companies to differentiate themselves and their products or services from those of their competitors, and therefore they can be a key factor underlying a firm’s competitive advantage within and across nations. Protecting these intellectual properties is an important objective, legally and strategically.

What are the various forms of dispute resolution available to BMW? What are the advantages and disadvantages of each for BMW? Would your analysis be any different if the customer was from China and other developing countries (i.e. BRICs, ASEAN, etc.)? What if the customer was from the G-7 countries such as the United Kingdom and the United States? What should be the company’s strategies in these situations? Support your comments with information from this week’s lecture, readings and your research. Illustrate and reinforce your answer with practical examples.

Pepe, Incorporated acquired 60% of Devin Company on January 1, 2010. On that date Devin sold equipment to Pepe for $45,000. The equipment had a cost of $120,000 and accumulated depreciation of $66,000 with a remaining life of 9 years. Devin reported net income of $300,000 and $325,000 for 2010 and 2011, respectively. Pepe uses the equity method to account for its investment in Devin. Compute the non-controlling interest in the net income of Devin for 2011.

Pepe, Incorporated acquired 60% of Devin Company on January 1, 2010. On that date Devin sold equipment to Pepe for $45,000. The equipment had a cost of $120,000 and accumulated depreciation of $66,000 with a remaining life of 9 years. Devin reported net income of $300,000 and $325,000 for 2010 and 2011, respectively. Pepe uses the equity method to account for its investment in Devin.

Compute the non-controlling interest in the net income of Devin for 2011.