Business, 03.03.2020 06:04 kordejah348

You are the CEO of Winton Enterprises, a large specialty manufacturer of automobile parts. You have a $200 million business providing car parts to a number of auto manufacturers, both domestic and international. Many years ago, your company offered "lifetime health benefits" to all retirees. Foreign competition has forced you to move some of the manufacturing to China. This offshoring of work has reduced your expenses tremendously. However, the cost of medical insurance and benefits for retirees has risen dramatically. The program for retirees is in serious jeopardy. Recently, new hires are told to invest their benefits money as they see fit; they are not offered lifetime health benefits. Now you must inform the company's retirees that they will have to pay half of the cost of their medical benefits beginning January 21 of next year. Write a one-page formal business letter to Simon D'Azure, a retired worker, that he will have to pay half the costs of his health care premiums directly. You will provide a telephone number so that he can have his questions answered by the insurer. Create any details needed for a complete letter.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 19:30, azireyathurmond1

Henry crouch's law office has traditionally ordered ink refills 7070 units at a time. the firm estimates that carrying cost is 4545% of the $1212 unit cost and that annual demand is about 245245 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal? its action would be optimal given an ordering cost of $nothing per order (round your response to two decimal place

Answers: 3

continue

Business, 21.06.2019 21:40, fespinoza019

Forecasting as a first step in the team’s decision making, it wants to forecast quarterly demand for each of the two types of containers for years 6 to 8. based on historical trends, demand is expected to continue to grow until year 8, after which it is expected to plateau. julie must select the appropriate forecasting method and estimate the likely forecast error. which method should she choose? why? using the method selected, forecast demand for years 6 to 8.

Answers: 2

continue

Business, 22.06.2019 03:30, levicorey846

Tiana daniels enterprise’s trial balance as at december 31, 2016 did not balance. on february 15, 2017 the following errors were detected: errorsi. water rates had been undercast by $2, 000. ii. a cheque paid to yvonne walch of $2, 680 had been posted to the credit side of her account. iii. discount received total of $1, 260 had been posted to the debit side of the discount allowed account as $1, 620. iv. rent paid in the amount of $24, 000 had been posted to the credit of the rent received account. v. wayne returned goods valuing $1, 680 to daniels enterprise but had been completely omitted from the books. required: 1. prepare the journal entries to correct the errors. (narrations required) 14.5 marks 2. prepare the suspense account showing clearly the original trial balance error. 8 marks

Answers: 2

continue

Business, 22.06.2019 04:50, garrowe96

Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?

Answers: 2

continue

You know the right answer?

You are the CEO of Winton Enterprises, a large specialty manufacturer of automobile parts. You have...