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Last update: February 14, 2015
  • Financial Accounting Vol. II Test Questions

    Financial Accounting Vol. II Test Questions

    Chapter 39: Specific Intangible Assets (Patent, Trademark and Goodwill) 1.Violet Company was granted a patent on January 1, 2012, and appropriately capitalized P0,000 of related costs. Violet was amortizing the patent over its estimated life of 15 years. During 2015, Violet paid P200,000 in legal costs in successfully defending an attempted infringement of the patent. After the legal action was completed, Violet sold the patent to the plaintiff for P1,000,000. Violet’s income statement, what amount

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    Essay Length: 7,614 Words / 31 Pages
    Submitted: August 5, 2015 Autor: XianJess MendiolaLim
  • Accounting Pratical Test Solutions

    Accounting Pratical Test Solutions

    Low carb day Breakfast: 5 eggs + Tablespoon of peanut butter Lunch: Chicken (1 grams raw) + Salad Dinner: Chicken (1 grams raw) + Salad Snack: Chicken (1 grams raw) + Salad Snack: Almonds (20 pieces) Post Workout: Protein Shake (1 headed scoop) Increasing your overall chicken intake by 25grams each meal. Mixing cashews for Almonds. Also adding in a tablespoon of peanut butter for the fats. Totals will vary depending on your choice of

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    Essay Length: 282 Words / 2 Pages
    Submitted: August 11, 2015 Autor: G-rav Saily
  • Integrated Advanced Accounting & Financial Analysisс

    Integrated Advanced Accounting & Financial Analysisс

    GMGT 682 – Integrated Advanced Accounting & Financial Analysis – WK 1 Session 1 What is the goal of the firm? Shareholder wealth maximization of the voting shareholders in the long term constrained by the economic rights or contracts negotiated, (you can’t just take away other economic rights or break contracts [verbal or written]) sold, bartered, or given (if you sell your firm, barter it something, or you give your contract away, you’re bound by

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    Essay Length: 538 Words / 3 Pages
    Submitted: August 11, 2015 Autor: Whyynott
  • Fair Trade Managerial Practices: Strategy, Organisation and Engagement

    Fair Trade Managerial Practices: Strategy, Organisation and Engagement

    Candidate Number: 647691 Title Journal Article Topic: Fair Trade Managerial Practices: Strategy, Organisation and Engagement Group Number: P1 The Group Topic: Fair Trade and the Food Industry. This article explains the definition of Fair Trade organization, the perspectives about Fair Trade and different points related to Fair Trade distribution. It shows how companies can be motivated to distribute its products as Fair Trade products, how distribution of Fair Trade products can be organized by companies

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    Essay Length: 1,193 Words / 5 Pages
    Submitted: August 17, 2015 Autor: mo7a
  • Without Accountancy Businesses Would Find It Hard to Function

    Without Accountancy Businesses Would Find It Hard to Function

    ________________ Question 1 “Without accountancy businesses would find it hard to function”, Michael Izza. What you feel he means by the above quote? Accounting is the language of business, without it, business functionality would be difficult to undertake. If we break it down, accountancy is needed in the following ways: 1. Financial Accounting: this comprises of information that companies avail to the general public. As a result of these statements being published, companies can gain

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    Essay Length: 2,114 Words / 9 Pages
    Submitted: August 18, 2015 Autor: nikhil88
  • Accounting Theory Practice

    Accounting Theory Practice

    a) It is highlighted in the article that earning management practices can be designed to assist managers in fulfilling their obligations to stakeholders. This is resulted from the contract that the management has with their stakeholders. Describe the relationship between the following contracts with earning management: i. Lending Lending can be classified as the temporary giving of money or property to another person with the expectation that it will be repaid. In a business and

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    Essay Length: 682 Words / 3 Pages
    Submitted: August 22, 2015 Autor: shazali92
  • Accounting Analysis - Caterpillar

    Accounting Analysis - Caterpillar

    Accounting Analysis Policies - CAT’s preparation of financial statements in conformity with GAAP include all the critical accounting policies and the more significant estimates including: residual values for leased assets, fair values for goodwill impairment tests, impairment of available-for-sale securities, warranty liability, stock-based compensation, reserves for product liability and insurance losses, postretirement benefits, post-sale discounts, credit losses, and income taxes. Residual values for leased assets are an estimate of the market value of leased equipment

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    Essay Length: 558 Words / 3 Pages
    Submitted: August 25, 2015 Autor: dmorales1109
  • Managerial Economics, and Globalization

    Managerial Economics, and Globalization

    OPERATIONS DECISION Operations Decision Deborah Grant Strayer University Assignment 2 ECO 550 Managerial Economics, and Globalization Dr. Camille Castorina Summer 2015 ________________ Abstract This paper consists of seven sections related to operations decision according to the assignment. Each section addresses the problems in the order of questions. The first section deals with the oligopolistic market structure and corresponding models. Some adjusting steps are suggested on the ground of the Cournot Model. Afterward, two major factors

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    Essay Length: 4,265 Words / 18 Pages
    Submitted: August 25, 2015 Autor: Blessed
  • What Factors Account for the Success of Ikea

    What Factors Account for the Success of Ikea

    ________________ 1. What factors account for the success of IKEA? Founded in 1943, Ikea rose to become the world’s largest furniture retailer in 2002 with sales of almost $12 billion. There are several success factors that helped Ikea to succeed in the furniture market. Firstly, Ikea implemented a cost effective approach regarding its corporate strategy. By eliminating waste and reducing costs (e.g. shipping), Ikea was able to set much lower pricing points than competitors who

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    Essay Length: 1,084 Words / 5 Pages
    Submitted: September 7, 2015 Autor: Torben Ti
  • Key Take Aways Financial Accounting

    Key Take Aways Financial Accounting

    Key Takeaways – Session 7 * Please review formulas for PV. “regular”, PV annuity and PV perpetuities. * Also bear in mind FCF (free cash flow) calculation formula (we’ll delve deeper on this after break) * EBIT*(1-t) + depreciation – CAPEX – investment in WC. Possible Criteria to be used to choose projects * ARR (accounting rate of return or book yield) * Mean net income/average investment. * Drawbacks: 1) uses accounting numbers, not cash

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    Essay Length: 330 Words / 2 Pages
    Submitted: September 13, 2015 Autor: Catalina Torres Perez
  • Accounting Practice Questions

    Accounting Practice Questions

    MSFI 401 Orientation Accounting Sample Problems 1. A company’s most recent annual income statement had the following selected information: Sales $1,000 Selling, general and administrative $200 No interest A 50% tax rate Cost of good sold of $400 Depreciation (broken out separately) of $100 No other expenses What was the company’s net income? 1. A company sold $40,000 of products during the year to customers on credit. During the year, customers paid $32,000 of their

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    Essay Length: 1,558 Words / 7 Pages
    Submitted: September 14, 2015 Autor: pudding0330
  • Mathematical Models for Managerial Decisions

    Mathematical Models for Managerial Decisions

    Subject: Mathematical Models for Managerial Decisions (MBA Autumn 2015) Assignment 1 Date:19/08/2015 Instructor: Kalyan K. Guin Formulation 1.1 “Fresh and tasty” bakers make cakes and pastries. On a Sunday morning they have to make ‘plum cake” and “fruit pastries”. They have 59 units of flour and they use 5 units of flour per cake and 4 units per pastry. They also have 46 units of time in the oven that day and each cake requires

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    Essay Length: 2,459 Words / 10 Pages
    Submitted: September 14, 2015 Autor: thomas john
  • Accounting Information Systems

    Accounting Information Systems

    Accounting Information Systems The various types of information systems employed by payroll, accounts payable, accounts receivables, and accounting are ADP Payroll services, QuickBooks, UltiPro Software, and Paychex. ADP Payroll services is used to enter payroll data, run reports to verify data and finalize and transmit payroll. You enter your pay data that can be done manually or by uploading files each payroll. Once all the data has been entered in, you can run a register

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    Essay Length: 1,006 Words / 5 Pages
    Submitted: September 28, 2015 Autor: Lilkryssy39
  • Managerial Analysis

    Managerial Analysis

    Managerial Analysis Keith Shaheen ACC 561 July 13, 2015 Dr. Edward Hartmann ________________ Managerial Analysis Ideal Manufacturing Company is an organization based in Illinois that has supported the research and development (R&D) The organization has produced new agriculture and farming equipment for the company many years. The research and development department has always worked as an in-house manufacturer producing these new products for the company. Ideal Manufacturing Company has always kept this service in house

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    Essay Length: 519 Words / 3 Pages
    Submitted: September 30, 2015 Autor: wshah61
  • Accounting Notes

    Accounting Notes

    Class 7 – Current Assets * Current assets are those assets that can be converted in to cash (or whose future benefit we will recognize) within one year or within the next business cycle. * They are principally comprised of: * Cash (more on cash in classes 9 and 10) * Marketable Securities (more on investments in class 17) * Accounts Receivable (we discussed this asset in Class 5 and 6) * Inventory (today’s focus)

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    Essay Length: 1,700 Words / 7 Pages
    Submitted: October 5, 2015 Autor: hayleywang16
  • Accounting Fraud at Worldcom

    Accounting Fraud at Worldcom

    Accounting Fraud at WorldCom Earnings management It is widely accepted that, earnings management can be defined as it occurs when managers estimating financial reports and structuring transactions in order to modify financial reports, which help avoid either mislead part of stakeholders about the underlying economic performance of the firm or effect contractual outcomes which depend on the accounting numbers of reports1 (Healy & Whalen, 1999). However, this definition is focus on the intent of management

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    Essay Length: 1,825 Words / 8 Pages
    Submitted: October 6, 2015 Autor: 圣迪 黄
  • Managerial Strategy: Mystic Monk Coffee

    Managerial Strategy: Mystic Monk Coffee

    Britney Montgomery Professor Ferrell Managerial Strategy 18 September 2015 Mystic Monk Coffee Father Daniel Mary, a monk in Clarke, Wyoming, had a vision to move and eventually expand the Carmelite brotherhood to a 496 acre monastery at Irma Lake Ranch. Here, he could house new men into the brotherhood, and build his business establishment. For the past year Father Mary and his brotherhood have been purchasing Arabica coffee beans from Seattle, to distribute under the

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    Essay Length: 904 Words / 4 Pages
    Submitted: October 7, 2015 Autor: prettyblue9242
  • Aicpa/cica Generally Accepted Privacy Principles: A Tool for Forensic Accountants

    Aicpa/cica Generally Accepted Privacy Principles: A Tool for Forensic Accountants

    AICPA/CICA's generally accepted privacy principles: a toolfor forensic accountants Full Text: ABSTRACT FORENSIC ACCOUNTANTS are typically involved in fraud prevention and detection. However, anotherarea where their expertise may be called upon for assistance relates to the protection of sensitivepersonal information that is collected, stored, and used by organizations. Given the extensive practiceof storing information on portable devices and making data transfers using the Internet or other wirelesstechnologies, criminals have more opportunities to acquire information on

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    Essay Length: 4,671 Words / 19 Pages
    Submitted: October 8, 2015 Autor: allfreepapers0
  • Accrual and Cash Accounting

    Accrual and Cash Accounting

    Running head: ACCRUAL Accrual and Cash Accounting Terry Bonner ACC/290 March 29, 2015 Adrienne Walker, Faculty Accrual and Cash Accounting Accrual and cash accounting offer two different styles of tracking the flow of money in a business. Each serves a purpose and to understand this idea one must first realize how one varies from the other. The difference between accrual and cash accounting is that accrual is a method of financial record-keeping that measures a

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    Essay Length: 340 Words / 2 Pages
    Submitted: October 10, 2015 Autor: tswayz
  • Managerial Philosophy of Wal-Mart

    Managerial Philosophy of Wal-Mart

    Contents Introduction 2 The managerial philosophy of Wal-Mart 3 Evaluate of the Wal-Mart management philosophy 4 Should business management always seek the lowest prices for its customers and the highest rate of return on investment? 5 Economists define costs in terms of opportunities forgone 6 Wal-Mart's wages are above the legally required minimum wage, and health benefits are not legally mandated 7 Wal-Mart responsibilities to suppliers other than those specified in their contracts. 8 Recommendation

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    Essay Length: 2,390 Words / 10 Pages
    Submitted: October 14, 2015 Autor: Marzhan Kadyrova
  • Accounting Ethic Case Study: Adelphia Communications Corporation

    Accounting Ethic Case Study: Adelphia Communications Corporation

    Case analysis 3 Chao Yao Major case 1 Adelphia Communications Corporation 1. What are the facts? In September 2005, the SEC charged Dearlove, a certified public accountant and formerly a partner with the accounting firm Deloitte& Touche LLP, with the improper conduct resulting in a violation of applicable professional standards. On July 24, 2009, the U.S. Court of Appeals for the District of Columbia supported the finding of the SEC that Dearlove engaged improper professional

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    Essay Length: 2,152 Words / 9 Pages
    Submitted: October 14, 2015 Autor: zhukewei
  • Accounting 3001 Final Exam Study Guide

    Accounting 3001 Final Exam Study Guide

    1. Understand what goes in the different sections of the income statement 1. Income statement 1. Operating section 1. Sales or revenue section 2. Cost of goods sold section 3. Selling expenses 4. Administrative or general expenses 1. Non operating section (revenues and expenses from non operating activities) 1. Other revenues and gains 2. Other expenses and losses 1. Income tax 2. Discontinued operations (Material gains or losses incurred in the disposition of a component

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    Essay Length: 13,289 Words / 54 Pages
    Submitted: October 16, 2015 Autor: ands893
  • Sure Corp Accounting Theory Assignment

    Sure Corp Accounting Theory Assignment

    Question 1: Chapter 2 #15 PV0 = 600/1.06 + 600/1.062 + 600/1.063 = $1604 PV1 = 600/1.06 + 600/1.062 = $1100 PV2 = 600/1.06 = $566 a) Sure Corp Balance Sheet December 31, 2015 Financial Asset Shareholder’s Equity Cash $ 550 Opening Balance $ 1603 Asset 1100 Dividends (50) Net Income 96 $ 1650 $ 1650 Sure Corp Income Statement Year Ended December 31, 2015 Accretion of Discount (1603 x 6%) $ 96 b) Sure

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    Essay Length: 968 Words / 4 Pages
    Submitted: October 18, 2015 Autor: bobecks
  • The Legal, Ethical, and Managerial Concerns of Employee Monitoring

    The Legal, Ethical, and Managerial Concerns of Employee Monitoring

    Identify and examines various legal, ethical, and managerial elements as they apply to employee monitoring. As a society, we are now personifying the legal and ethical monitoring of our employers. Due to the many choices that are made on a daily basis at home and work, issues concerning legal as well as ethical concerns has ascended, on how employees interact in regards to practices that reinforces how the corporate world practice their business. Have businesses

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    Essay Length: 1,083 Words / 5 Pages
    Submitted: October 18, 2015 Autor: CHOCOCARMELLO
  • Managerial Economics

    Managerial Economics

    Question 1 Q=0.1K0.5L0.5 MPL = ∂Q/∂L =0.05K0.5L-0.5 MPK = ∂Q/∂K=0.05K-0.5L0.5 0.05K0.5L-0.5=0.05K-0.5L0.5 4 1 L=4K Q=0.1(4K)0.5K0.5 =0.1XK0.5XK0.5 = 0.2K K=Q/0.2 = 5Q Q=0.1L0.5X1/2XL0.5 Q=0.05L L=20Q T.C=wL+rK =1(20Q) +4(5Q) =40Q b) TC=40Q MC=∂Q/∂L =40 AC=T.C/Q =40Q/Q =40 c) Q=0.1K0.5L0.5 Q2=0.01KL Q2=0.1L L=Q2/0.1 L=10Q2 TC=wL+rK 10Q2+4O d) MC = ∂Q/∂L = 20Q At equilibrium M.C=P P=20Q Q = 0.05P e) Producer surplus (profit) π = T.R – T.C = (P*Q) – (10Q2 + 40) = (P*Q) – (10Q2

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    Essay Length: 445 Words / 2 Pages
    Submitted: October 19, 2015 Autor: Kiama

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