WHY PROFIT DOES NOT EQUAL CASH Why is profit not equal to cash coming in? Some differences such as loans received which do not impact the profit and loss statement are pretty obvious. Others may not be as obvious but you can break them down into three main areas: - Revenue is booked at sale. In many cases a sale is recorded for accounting purposes in the profit and loss statement when a company delivers a product or service. In many cases‚ no cash has been exchanged at the time of
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1. a. The total explicit cost is $793‚000($970‚000-$177‚000). The total implicit cost is $190‚000($175‚000+.15X$100‚000). The total economic costs is $983‚000($793‚000+$190‚000). b. The accounting profit in 2010 is $177‚000($970‚000-$793‚000) c. The economic profit in 2010 is $-13‚000($970‚000-$793‚000-$190‚000). d. The owner should not leave his job because the economic profit is negative‚ which means he will earn less if he does his own business. 2. a. The type of agency problem that is involved
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H200 Argumentative Essay Why was Germany unable to translate tactical and operational victories into strategic success during World War II? Cite evidence from H200 to support your answer. MAJ James E. Curlee Jr. Staff Group 13D 04JAN13 Why was Germany unable to translate tactical and operational victories into strategic success during World War II? More pointedly and stated simpler‚ why did Germany loose World War II? Why Germany lost the war (despite its early tactical successes) is
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Minimum wage must be raised for us to survive in our very modern society. The minimum wage must be raised today because the cost of living has gone up drastically. Education is essential today‚ and that price tag has increased drastically in the past twenty years as well. People should not have to fight for equal pay for equal work. Companies should be forced to pay their workers what they deserve‚ and that is more than minimum wage is now. With our new technology and the technology in the future
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Should minimum wage be raised to a higher pay to help families support each other and have more money to be able to get the necessities you need or should the minimum stay the same to keep prices of items the same? Also‚ continue how we are with different places having different wages and finding the place that best fits you? Currently many states have minimum wages under $10 an hour‚ in Indiana its $7.25. The wages are being challenged because many are saying it should be raised to help families
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As seen in Figure 6: Technology Maximums‚ we were slow to invest in technology and improve our firm maximums‚ which is also related to our initial lack of vehicle upgrades. In periods three through six‚ we invested in all aspects of technology each period‚ as we wanted to be competitive; however‚ once we realized that we were not noticing any increased preference for our vehicles or any decreased costs‚ we stopped investing in technology. When comparing Figure 1 and Figure 6‚ it becomes evident
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7th hour Maximum Ride: The Angel Experiment By: James Patterson Rating: 7 1. The book revolves around Max(Maximum Ride)‚ she is a normal teenager with five younger siblings‚ except not. She along with Fang‚ Iggy‚ Gasman‚ Angel‚ and Nudge (also known as “The Flock”) are kids who were science experiments at a place called the “The School”. They were mutated and morphed with wings and are able to fly. After escaping‚ the Flock live together; they are not blood related‚ however they are like
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For profit vs. not for profit organizations Melinda Colp AIU Online Healthcare Administration HCM630-1203D-01 Professor Michael Schmitt September 16‚ 2012 Non-Profit healthcare organization vs. for-profit healthcare organization “Hospitals can be non-profit‚ for-profit‚ and government-owned and/or operated” (Baker & Baker‚ 2006). There are different terms for each classification in how to report and handle the finances but the basics are the same for any type of business. Business
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they can’t afford it on their minimum wage job. Others take out loans which leaves them drowned in debt. Graduating scholars don’t want to start their life off in debt. In the future you are going need a college degree to do almost anything. This proves unfair to us and children coming up. Tens of millions of Americans are living in poverty. Millions of those in poverty are full-time‚ minimum wage earning workers. This proves that we can’t simply live off of minimum wage. “With more family income
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the country’s uncertain future. Only three short years after Lincoln gave this speech‚ civil war would break out between the northern and southern states‚ and it would end four years later with the South running away with its tail between its legs. Why did the South lose the war? The South entered into the Civil War unprepared to fight and‚ ultimately‚ was starting a fight it was destined to lose. In the end‚ there were five factors that led to the defeat of the South: The fundamental economic
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