Robin, a senior at state university, receives free room and board as full compensation for working as a resident advisor at the university dormitory. the regular housing contract is $1,400 a year in total, $800 for lodging and $600 for meals in the dormitory. robin had the option of receiving the meals or $600 in cash. robin accepted the meals. what is robin’s gross income from working as a resident advisor? a.$0, the entire value of the contract is excluded from gross income. b.$600, the meal contract must be included in gross income. c.$800, the lodging contract must be included in gross income. d.$1,400, the entire value of the contract is compensation. e.none of the above.

Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. thomas's fastest-moving inventory item has a demand of 6,000 units per year. the cost of each unit is $100, and the inventory carrying cost is $10 per unit per year. the average ordering cost is $30 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (this is a corporate operation, and the are 250 working days per year.)a) what is the eoq? b) what is the average inventory if the eoq is used? c) what is the optimal number of orders per year? d) what is the optimal number of days in between any two orders? e) what is the annual cost of ordering and holding inventory? f) what is the total annual inventory cost, including cost of the 6,000 units?

One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.

With the slowdown of business, how can starbucks ensure that the importance of leadership development does not get overlooked?