Why do employers implement stretch goals with employees?
What will be an ideal response?
Stretch goals are goals that seem slightly unrealistic, just out of an employee’s
reach. When a manager sets this kind of goal, he or she is hoping it will motivate the
employee to be more focused and work harder in the pursuit of something even if it
seems extraordinarily difficult.
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Three students are studying together for an upcoming examination. Which communication context best describes this group?
a. small group b. interpersonal c. public d. mass
An adjusting entry was made on year-end December 31 to accrue salary expense of $1900. Assuming the company does not prepare reversing entries, which of the following entries would be prepared to record the $4400 payment of salaries in January of the following year?
A.
| Salaries Payable | 1900? | |
| Cash | 1900? |
B.
| Salaries Payable | 4400? | |
| Cash | 4400? |
C.
| Salaries Payable | 1900? | |
| Salaries Expense | 2500? | |
| Cash | 4400? |
D.
| Salaries Expense | 4400? | |
| Cash | 4400? |
E.
| Salaries Expense | 1900? | |
| Salaries Payable | 1900? |
Why are prestige products often an exception to the law of demand?
A) The demand curve for prestige products slopes downward and to the right. B) Increasing the price of prestige products can make them seem more desirable. C) Demand for prestige products often is greater than supply. D) Prestige products such as diamonds, sapphires, and emeralds are nonrenewable resources. E) Customers are more aware of any price changes to prestige products.
Using the data in the Alphabet Financials.xlsx workbook that was used in the chapter:
a) Convert the balance sheet to a Table that is named Raw_BalanceSheet. b) Use Get & Transform to convert the balance sheet into a format that is suitable for a pivot table by transposing the data. Be sure to set the correct data types for each column, and replace errors with a value of 0. Don’t forget to enter the word “Date” above the dates. Name the query Transposed_BalanceSheet. c) Build a pivot table from the data and group the dates by quarters and years. d) Create a calculated field that shows the total debt ratio, and format the result as a percentage with two decimal places. e) Create a pivot chart that shows the debt ratio over time. Has Alphabet’s capital structure changed over this 6-year period? 2. Using the same workbook: a) Transpose the income statement using Get & Transform as you did with the balance sheet in problem 1. Name this query Transposed_IncomeStatement. b) Use Get & Transform -> New Query -> Combine Queries -> Merge to merge the Transposed_IncomeStatement and Transposed_BalanceSheet queries. Do a Full Outer Join to use all rows from both queries. Call this query Combined_Financials and load it to a new worksheet. c) Create a new Pivot Table from the Combined_Financials table. Add a Date field that shows years and quarters. d) Create two calculated fields that show the net profit margin (NPM) and return on total assets (ROA). e) Create a pivot line chart that shows the data from part (d). Place the ROA on a secondary y-axis. f) Does there appear to be a strong correlation between the two data series? Use the Correl function to calculate the correlation coefficient. 3. Using the ETF Data.xlsx workbook from the chapter: a) Use Get & Transform on the data to create a query that shows average Beta by ETF Struct. To do this, use the Group By button to group the data by ETF Struct and then create a new column called Avg Beta. Also create a second aggregation that shows the count of each type of fund. Name the query Avg_Beta_by_Structure and load it to a new worksheet. b) What is the average beta for each type of fund, and how many of each are in the dataset? c) Create another query, called Average Returns by Category, that shows the number of funds in each category and the average of the 1 year, 3 year, and 5 year returns by category. d) Return to the data and create a pivot table that shows the same results as you got in part (a). e) Return to the data and create a pivot table that shows the same results as you got in part (c). f) Add a Timeline and use it to filter the pivot table so that it shows the operating profit margin from 2000 to the present.