REVENUE ALLOCATION FORMULA IN NIGERIA INTRODUCTION Prior to the discovery of oil in Nigeria‚ other sectors of the economy thrived. Agriculture‚ for instance‚ was a major source of revenue for the Western Region. The Eastern Region that was less endowed devised other sources of revenue. All this has however changed since the discovery of oil in the country. This has led to the demise of the other productive sectors of the economy. In fact‚ Nigerians are poorer today than they were in the pre-oil boom
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Every year for the past five years during the height of tax season I’ve become ill and ended up in the hospital. I’ve always become hospitalized in March‚ my busiest time of the year working as tax accountant. Stress for me is always the worst in March‚ just before the tax deadline. The reason for my hospitalization is always different‚ but yields the same result. Hospitalization results in paying a large deductible from my insurance plan‚ usually around $4000.00. But the worst of it is taking
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PEPSICO One billion times a day‚ in 200 countries and territories around the world‚ PepsiCo provides consumers with affordable‚ aspirational and authentic foods and beverages. PepsiCo Inc. is an American multinational food and beverage corporation headquartered in Purchase‚ New York‚ United States‚ with interests in the manufacturing‚ marketing and distribution of grain-based snack foods‚ beverages‚ and other products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay
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The American Revenue Act (Sugar Act) is relevant to Chapter 6. It is relevant to Chapter 6 because the Sugar Act was one of the many conflicts in the Empire during the 1700’s. The Sugar Act was a reform to the failing Molasses Act of 1733. The Act was one of many policies that the British Parliament tried to impose on the colonist in an effort to bring the colonies closer to the Empire. The Sugar Act stirred colonist’s fears and emotions‚ and they began to consider their independence from the Parliament
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expected to exceed 1.1 billion by 2019‚ aided by the help of the increasing internet protocol television (IPTV) segment.1 At the end of 2013‚ there were approximately 903.3 million pay-tv subscribers worldwide which generated nearly $250 billion in service revenue. Separately‚ IPTV operators reported roughly 92 million subscribers generating around $37 billion in service revenue. Although a CAGR of only 4% for the overall market is not as impressive as the 18.5% YoY growth experienced in the IPTV
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centimeters. a. To convert the unit of measurement 1 meter (m) = 100 centimeters (cm) Dimensions of 18 wheeler trailer = 17m x 4.5m x 2.5m 17m = 1700cm 4.5m = 450cm 2.5m = 250cm b. The volume of a 18 wheeler trailer = 1700cm x 450cm x 250cm = 191‚250‚000 c. Quantity of Wellbutrin XL tablet to fill the 18 wheeler trailer full Q = Q = 127‚500‚000 This has shown that the 18 wheeler trailer can be filling with 127‚500‚000 of Wellbutrin XL tablet. d. The revenue of each Wellbutrin XL tablet Wholesaler cost
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video and data at the most attractive levels of price‚ service quality‚ content and coverage‚ thereby bringing maximum benefit to the Company’s stakeholders. | Our Vision Vision "A connected‚ enlightened and productive Philippines" Mission 1. To provide help and support to those who need it in our areas of strength and competency. 2. To facilitate the empowerment of the Filipino people through the utilization of information and communications technology 3. To extend products and
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disclosures. Accounting policies differ from accounting principles in that the principles are the rules and the policies are a company’s way of adhering to the rules. Revenue Recognition: Revenue recognition determines the accounting period‚ in which revenues and expenses are recognized. General Mills recognize sales revenue when the shipment is accepted by their customer. Sales include shipping and handling charges billed to the customer. We generally do not allow a right of return. However
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gaming industry‚ both from the viewpoint of someone that is interested in playing computer games and as an investor. The topic that I have chosen to address is the issue of revenue recognition. Revenue Recognition Analysis I started by looking at EAs annual report (Form 10-K) for the fiscal year ending March 31‚ 2007. Revenue recognition is discussed in some detail.
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Assignment 4 Case 7.2 Revenue Recognition Associated with Frequent Flier Miles Continental Airlines: Revenue is deferred and recognized when transportation is provided • Revenue is realized‚ and earned. The carrier has performed its duty‚ the service has been preformed. The amount of the claim is known AMR (American): Revenue is deferred and recognized over the period approximating mileage credits are used • Because there is no actual way of knowing when/if mileage will be used‚ it is not
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