Veejay Lee is the owner of VJ's Internet Cafe. She has to expand her business so she invited a partner, Jackie Lou on August 1, 2018 and the latter accepted. In the Books of Lee, just before the partnership formation are the following accounts and their balances:

16. Veejay Lee is the owner of VJ's Internet Cafe. She has to expand her business so she invited a partner, Jackie Lou on August 1,2018 and the latter accepted. In the books of Lee, just before the partnership formation, are the following accounts and their balances: $\begin{array}{lr}\text { Cash } & \text { P } 17,500 \\ \text { Accounts Receivable } & 40,000 \\ \text { Allowance for Bad Debts } & 3,500 \\ \text { Notes Receivable } & 50,000 \\ \text { Merchandise Inventory } & 180,000 \\ \text { Store Furniture and Equipment } & 300,000 \\ \text { Accumulated Depreciation } & 11,000 \\ \text { Accounts Payable } & 50,000\end{array}$

a. P5,000 should be the full amount of the Allowance for Bad debts. b. The note is dated March 31 and is due on September 1 at $12 \%$ interest. c. Market value of the merchandise is P145,000. d. Lou will invest cash for a $50 \%$ interest in an agreed total equity of P800,000. e. Lee will adjust the store furniture and equipment's value to come up with an equal sharing with Lou. f. New books will be used by the partnership. Direction: a) List the assets and liabilities of Lee at the adjusted amounts. How much is her adjusted capital? b) Compare the adjusted capital against the agreed capital. How much is the revaluation for the store equipment? c) Make three sets of entries to: 1) adjust and close Lee's books, 2) record Lee's investment in the partnership books and 3) record Lou's investment

17. Using Exercise 16. Assume there is no furniture revaluation. Instead, Lou will invest enough cash to come up with an agreed equity of P800,000. It was further agreed that bonus should be recognized so that each capital will represent a $50 \%$ interest in the partnership equity. Direction: 1) Entry to record investment of Lee in the partnership books. 2) Record investment of Lou including the effect of the bonus.

Not less than 250 words 1.A company has a choice of four different modes of foreign market entry. Briefly describe each of these modes, and explain when each would be the best option. 2.Define the term global brand. How are global brands important?

7-Eleven Malaysia Holding Berhad's annual report for the fiscal year ending 2021 is available at https://www.7eleven.com.my/financial-reports. (At least two years of comparable financial statements are required.) a) Assess 7-Eleven’s financial position for year 2020 and 2021 according to i) liquidity position, and how the liquidity position has changed over time from 2020 to 2021. (6 marks) ii) asset management position, and how its asset management efficiency has changed over time. (6 marks) iii) debt management position, and how its debt management has changed over time. (6 marks) iv) profitability ratios, and how its profitability position has changed over time. (6 marks) v) market value ratios, and how its valuation has changed over time. (6 marks) b) Calculate 7-Eleven’s ROE as well as the industry average ROE, using the DuPont equation. From this analysis, how does 7-Eleven’s financial position. (10 marks) c) Write your opinion on what you think would happen to its ratios if the company initiated cost-cutting measures that allowed it to hold lower levels of inventory and substantially decreased the cost of goods sold. No calculations are necessary. Think about which ratios would be affected by changes in these two accounts. (10 marks)

What are the determinants of price elasticity of demand? Identify at least three examples. explain how price elasticity can impact pricing decisions and total revenue of the firm, can policy market interventions cause consumer or producer surplus

Globalization has created many opportunities for organizations. There are many advantages and ways to create value through outsourcing portions of one's global supply chain. For each opportunity, there are also many ways for the project to run into problems. In your initial post, address the following: Identify one example of an organization that created value for itself through outsourcing part of its supply chain. Provide a link to one resource. Identify the benefit that occurred. How did this benefit help the organization create value? Who was the value created for—the organization, or the customer? In your replies to at least two peers, discuss potential risks of outsourcing for the examples they provided—for example, risks to supplier quality or stability, intellectual property, or reputation. The following questions may help develop your responses: Can you provide an example of an organization that started outsourcing the supply chain and then stopped? What risks did the organization face that caused them to stop the project? Can you provide an example of an organization that outsourced similarly and faced reputational damage due to the project?

In this week’s reading, you learned about one-to-one and many-to-many relationships. While the concepts may seem beneficial, there are some drawbacks. For this discussion, you need to evaluate the pros and cons of each and make a recommendation regarding the usefulness of using these concepts in the JCC RDBMs .

Q1. List THREE each important knowledge, skills and attitudes you expect applicants to have in order to be successful organizational analysis for the scenario below scenario. Q2.Conduct and evaluate task analysis and individual analysis for the above job position using the prescribed format. Make some assumption based on Q1. Scenario: You have been requested by a company to conduct Needs Analysis to determine type of training for their staff. The company found out that there is no improvement after sending their staff (HR and Accounts Executive) to attend training last year. The following is the job description for HR and Account Executive position. Job Summary This position is responsible for supporting HR services, primarily in benefits administration, recruiting, new employee onboarding and a variety of general administrative Human Resources tasks. Job Responsibilities include: Responsible to check & generate monthly payroll report (including incentive, allowances, OT, staff claim) end of the month and seek for management approval. Responsible for the entire office administration, stationary management, applying office access & car park card & etc Manage leave record and overall employees’ personnel information in employee files & payroll system Support in handling the full spectrum of HR including compensation and benefits, recruitment, performance management and employee engagement. Responsible to generate and prepare timely submission of statutory contributions of EPF, Socso and Income Tax Assist necessary administration & documentation work. Assist to prepare of monthly management account. Other tasks as when required from time to time Job Specification includes: The candidate must possess at least Bachelor's Degree/Post Graduate Diploma/Professional Degree in Finance/Accountancy/Banking or Human resources equivalent. At least 2 years related working experience in related field Experience in monthly payroll processing Computer literate in Microsoft office Application & Payroll System Proficient in Bahasa Malaysia and English Having knowledge in payroll system is an advantage The ability to manage multiple tasks and priorities successfully. Experience in working in highly collaborative, fast-paced environments