decisions is when to buy new machines or equipment or upgrade the machines or equipment that the business already has. Using analysis of the needs of the business and how the new equipment will help the business to function and the cost of the product will determine what the managers of the business decides. Marginal costs are change in total costs divided by change in output. Marginal revenue is the change in total revenue divided by change in output. Increase in fixed costs means that when the
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the largest vessel in the world‚ a ULCC supertanker formerly known as Jahre Viking (Seawise Giant). It has a deadweight of 565 thousand metric tons and length of about 500 meters. The use of such large ships is in fact very unprofitable‚ due to the inability to operate them at full cargo capacity; hence‚ the production of supertankers has currently ceased. Today’s largest oil tankers in comparison by gross tonnage are TI Europe‚ TI Asia‚ TI Oceania‚ which are the largest sailing vessels today. But
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Erin Sweeney FYO Final Paper November 17‚ 2014 How New is Digital Media? The term “digital media” describes the modern method of global exposure and communication rather than the actual technologies themselves (such as the internet or mobile phones). When you look closely at the differences between “new” and “old” technologies‚ you will be surprised that it is a very short list. Radio‚ television‚ telephone‚ and picture-taking technologies display images‚ words‚ and sounds in relatively the same
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Each and every person has the potential and free choice to pursue a career as an entrepreneur. ANS: T PTS: 1 NAT: AACSB Reflective Thinking | Motivation Concepts KEY: pg 29 2. The generation of the 21st century may become known as generation E because they are becoming the most entrepreneurial generation since the Industrial Revolution. ANS: T PTS: 1 NAT: AACSB Reflective Thinking | Motivation Concepts KEY: pg 29 3. Determining a person’s “entrepreneurial
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Cost Accounting: A Managerial Emphasis‚ EXHIBIT 11-1 Accounting Information and the Decision Process FIVE-STEP SEQUENCE Step 1: Gathering Information AN ILLUSTRATION The current manufacturing line uses 20 employees‚ 15 operating machines‚ and 5 handling materials‚ for a total cost of $640‚000. The rearrangement of the manufacturing assembly line is expected to eliminate materials-handling costs‚ equivalent to $160‚000. The cost of the rearrangement will be $90‚000. Historical
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Executive Summary At the end of 2011‚ the Environmental Protection Agency (EPA) passed several new laws and regulations that are vast and significant‚ and which place much stricter limits on the emissions of coal-fired power plants. The laws include amendments to the Clean Air Act (CAA) and Clean Water Act (CWA) which primarily limit the emission of sulfur dioxide and nitrous oxides. The new standards will force utilities to make large modifications to their fleet in order to remain operational
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review how all activities assist you in achieving the course competencies and overall program outcomes. Activity Instructions Describe and evaluate the effectiveness of Google’s approach to business strategy; that is‚ how is Google creating a sustainable competitive advantage? Describe Google’s core products and business model—the basis upon which the firm makes money. Analyze the dual strategy that Google employs to execute its business model. Review Google’s mission statement and values. Analyze
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The historical cost accounting is an accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition. It is usually used in combination with other measurement bases. For example‚ inventories are usually carried at the lower of cost and net realizable value‚ on the other hand marketable securities are usually carried at market value‚ and entities prefer to carry pension liabilities at their present value. The main advantage of using
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INTERNATIONAL B-SCHOOL SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000
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has not previously formed the basis for the award of any degree‚ diploma‚ or certificate of this Institute or of any other institute or university. I have duly acknowledged all the sources used by me in the preparation of this dissertation. 27/2/2014 Siddharth Shah CERTIFICATE This is to certify that the dissertation entitled Content Analysis: Evaluation of the concept
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