Affectionately known as Tar-jay, Minneapolis-based Target Corporation takes corporate social responsibility seriously. The company has been praised for giving back to the community with higher-than-usual charitable contributions. At 3.2 percent of the retailer's profits, Target's annual donations amount to $149 million a year. The retailer ranks No. 8 among Forbes' top ten most generous companies.36

In the course of two decades, Target has donated over $432 million to more than 100,000 local schools under its Take Charge of Education program.37 The company gave away 1 percent of shoppers' RED card purchases to the education initiative, but it found over time that only 10 percent of RED card holders enrolled in the program. The retailer also supported library makeovers and other school based grants. It will continue to fund meal programs for schoolchildren and money for field trips. In all, Target has recently met its goal of giving away $1 billion to education within a mere five years.38

The new CEO, Brian Cornell, has instituted many changes, including a reorientation in charitable giving. As shoppers have shifted their attention from education to health as their main concern, the retailer has followed suit and is putting its money where its customers are most likely to appreciate it.

YOUR TASK Select one of the following tasks.

a. As a summer intern at Walmart, you are asked to prepare an informational memo about Target's charitable practices to send to your boss, Martin Chavez. Walmart is seeking greater community involvement to boost its public image. What types of projects does the Target Corporation fund? What other policies set this company apart from its competitors when it comes to giving back to the community? Write an individual informational e-mail or memo or one collaborative e-mail or memo as a team of summer interns. Alternatively, Martin Chavez could ask you to write an e-mail or memo describing how Target has handled controversies and what its actions say about the company's management and philosophy.

In each case, compile a bibliography of sources you used. Whenever appropriate, display numbers visually by creating charts, graphs, and tables.

You may want to start by viewing company mission statements and annual reports for discussions of corporate social responsibility, charitable giving, and worthy causes companies support. Then, go to independent sources for a more detached, objective perspective.

DJ All of the above statements are true. E) None of the above statements are true 7. An inventory decision rule states "when the inventory level goes down to 14 gearboxes, 100 gearboxes will be ordered." Which of the following statements is true? A) One hundred is the reorder point, and 14 is the order quantity. B) Fourteen is the reorder point, and 100 is the order quantity. C) The number 100 is a function of demand during lead time. D) Fourteen is the safety stock, and 100 is the reorder point. E) None of the above is true. 8. In order to control the likelihood of a stockout due to the variability of demand (demand is not constant) during lead time, inventory managers need additional stocks, which is A) EOQ B) safety stock C) back order D) reorder point E) JIT 9. The two most basic inventory questions answered by the typical inventory model are A) timing and cost of orders B) quantity and cost of orders C) timing and quantity of orders D) order quantity and service level E) ordering cost and carrying cost 0. Which of the followings helps determine "Right Quantity"? A) reorder point B) EOQ C) JIT D) safety stock E) none of the above In the example of FedEx operation hub location, which of the following pairs is more relevant to it service quality rather than to its cost?Our company opens a line of credit with a company that provides office equipment. We go to the supplier and purchase $1,000 of office equipment on credit and inform our chief accountant. Our accountant records a journal entry to our general ledger as follows: Debit office equipment and credit accounts payable Debit cash and credit office equipment Debit accounts receivable and credit office equipment Credit common stock and credit cash Question 10 . 2 pts Our employees perform work for us during the month of July and we pay them in the month of July. We record this transaction on our general ledger/books as a: Debit to Wage Expense and credit to Cash Debit to Cash and credit to Wage Expense Debit to Wages Payable and debit to Cash Debit to Accounts Receivable and credit to CashGurney Cafe is a sole proprietor business The business commenced on 1st October 2017 with a capital of RM50,000. The business transactions during the month of October 2017 were as follows: : ARY'S COP October Transactions Owner deposited capital RM50,000 into the business bank account. Gurney Cafe bought goods from Kerry Supplier worth RM13,000 on credit. LIBRARY'S COPY Discount of 2% was received from Kerry Supplier and payment 10 made on the balance owing to Kerry Supplier by cheque 19 Owner took goods for personal use amounting to RM1,250 Cash sales for the day was RM5,000 and credit sales to FAA 20 Shop was RM2,000. 25 Paid 12 months firstinsurance for RM5,00 via online banking, 30 Purchase office furniture for RM3,000 by cheque. Required: LIBRARY'S CORE (a) Prepare journal entries for all the above transactions. (8 marks) (b) Post the transactions to appropriate ledger books using T-account and balance off the ledgers by closing the accounts at month end. (12 marks)The accounts appear In the ledger of Tiger Inc. after the books are closed at December 31. Share CapitalOrdinary, no par, 82 stated value, 415,600 shares authorized; 284,200 shares Issued 568'an Ordinary Share Dividends Distributable 25,610 Share PremiumOrdinary 1,101,700 Share CapitalPreferenoe, 35 par value, 8%, 35,060 shares authorized; 23,050 shares 140 250 Issued ' Retained Earnings 76?,900 Treasury SharesOrdinary (13,700 shares} 94,530 Share PremiumPreference 50,877 Prepare the equity section at December 31, assuming retained earnings is restricted for plant expansion in the amount of 161,600. TIGER INC. Statement of Financial Position (Partial) December 31, 200