Accounting for Merchandising Business Merchandising Operations 1. A merchandising business is engaged in buying goods and selling these at a profit. 2. The primary source of revenues is referred to as sales revenue or sales. 3. The operating cycle of a merchandising company ordinarily is longer than that of a service company. 4. Income is measured by cost of goods and operating expenses from sales revenue. * Cost of goods sold is the total cost of merchandise sold during the
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HOW DO YOU APPRAISE GOVERNMENT RECORDS? Appraising government records and artifacts are one of the most difficult work in historic preservation‚ because probably only 3-5% of all government records of historical value. It is to preserve records of historical value that remains‚ to do that you will need tools that can help you separate the records of which may have permanent value or not. WHAT DOES APPRAISAL MEAN? The records should be determining their value by staff of the archives and eventual
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nationalism. It demonstrated its power in the courthouse‚ by referencing the constitution while making the people follow it. The court gave the judicial branch the power to make decisions on matters that were unconstitutional so that it could make better judgments. 1. America became involved in the war of 1812 because Great Britain was kidnapping US sailors and forcing them to work for the British navy (Impressment). This was the cause of death for many Americans‚ and it angered the US. Britain also
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What skills do you think a manager requires to effectively motivate a team? Management and Organisations HR1014 Aron Karri 20615240 Word Count: 943 Motivation is the desire and willingness to do something to achieve a positive outcome for an individual or a group of people. ( Lai‚ R. (2011). . Motivation: A Literature Review . p1) There are various different skills managers use to motivate employees a couple of examples are‚ the skills used when communicating with employees and rewards and
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Why do you want to become a Medical Practitioner? I can still vividly remember a terrifying night from my childhood when I suddenly awoke from my sleep because I was choking. My parents rushed me to the hospital and in the weeks that followed‚ I was diagnosed with hypothyroidism. As an eight year old child‚ the kindness of one of the doctors who gave me a lollipop or another one who drew a smiley face on my band-aid after my blood test turned a situation that was difficult for me to understand
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Iraq while trying to fight against only two persons Usama Bin Laden and Saddam Hussein on one side and thousands of precious lives of our beloved soldiers and the soldiers of collision countries. These soldiers joined the arm forces with the aim to give their priceless lives to serve their respective countries and country men in case of any danger but unfortunately their precious lives went in vain in a cruel plan of Mr. Bush’s administration against the humanity. America‚ the only super power of the
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Amazon and Walmart are the top retailers in America today. Amazon offers a convenient experience in shopping online and has a selection of products for every consumer. Walmart has many physical locations to shop and has many common products at very low prices. Both retailer market their products affordably and conveniently. Amazon recently bought Whole Food Market which gives them a physical platform of retail. One thing is for sure‚ both companies are growing and competing both online and offline
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Question 1: “Mr. Baloo‚ I would like to talk about Mowgli‚ do you think he is one of the wolves or one of the man-pack? Question 1 Answer: “Hmmm… Well I recall him saying something like this before his fight with the red dog: { Mowgli the Frog have I been‚ Mowgli the Wolf have I said that I am. Now Mowgli the Ape must I be before I am Mowgli the Buck. At the end I shall be Mowgli the Man. Ho! } He won the fight by being brave like a wolf‚ clever and silly like a monkey‚ willing like a buck‚ and
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Case Corporate Bonds – They are More Complex Than You Think 1. How should Jill go about explaining the relationship between coupon rates and bond prices? Why do the coupon rates for the various bonds vary so much? Jill should explain the relationship between coupon rates and bond prices by calculating the price of the bonds‚ which have similar features except coupon rate. Let’s compare ABC Energy issuer with the coupon rate 5% and 0% (the same with rating and YTM) Issuer Maturity Face Value
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Please respond to all of the following prompts in the class discussion section of your online course: This week you learned about the unearned revenue account. Provide three examples of unearned revenue. Answer: Three examples of unearned revenue would be 1.Prepaid Expense - A year long insurance contract a company paid $12‚000 for at the beginning of the year. Since the insurance company owes the company service‚ the expense prepayment is recorded as an asset Journal Entries: debit Prepaid Insurance
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