calculations automatically and to change single number and update all related numbers at the click of a mouse. As one of the most popular financial software‚ spreadsheet is widely applied in areas such as accounting‚ finance‚ marketing‚ taxation‚ engineering‚ educational‚ scientific and medical fields (Ballantine‚ 1991). In 2004‚ SimCorp USA Inc and the Financial Executives Consulting Group found that about 64 percent of domestic companies depend on spreadsheet. Many authors view spreadsheet as a very
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Joe Bonazelli JVB5618 Final Project: Part 2 Due: 4 December 2012 Sony Corporation: Globalization Meets Localization Topic: What is a transnational corporation? Select any one and present a short essay on what the company produces‚ where are the facilities located‚ and refer to aspects of capital‚ labor‚ and markets of its final product. Abstract: A transnational corporation is a nationally based company that manages production units or provides service in two or more countries. They are corporations
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Acct 3120 External Financial Reporting II Chapter 14 Debt This quiz is based on the 10-K for the year ended December 28‚ 2013 for PepsiCo‚ Inc. You can obtain Pepsi’s financial statements from the firm’s corporate web site at http://www.pepsico.com/Investors.html. Unless otherwise indicated‚ all questions relate to the current period’s financial statements. 1. How much is the current maturity of Pepsi’s long-term debt that was shown as a current liability? 5306millions 2
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crime‚ also known as transnational crime‚ poses a serious threat to American communities‚ financial and business institutions‚ and to the stability and security of the global populace. International crime knows no boundaries or borders‚ nor does it recognize the rules or laws within them. National and international security will always be threatened as long as international crime is at its doorstep. According to Picarelli (2011)‚ the U.S. Department of Justice defines transnational organized crime in
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Transnational IT Operations Paper This paper will provide overview of transnational IT operations and consider various factors associated with transnational IT operations. This paper will also address the advantages‚ disadvantages‚ and issues related to transnational IT operations. Language‚ cultural diversity‚ local customs‚ and control issues will be considered in this paper related to transnational IT operations. This paper will also focus on transfer of work‚ global network‚ service levels‚
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international influence or start operating on an international scale (Capital‚ 2013). Globalization has increased the production of goods and services‚ for instance the biggest companies are no longer national firms‚ but transnational corporations with subsidiaries in many countries. Transnational Corporations (TNCs) are companies with branches in many different countries worldwide. They have their headquarters in their country of origin‚ and many manufacture their products in LEDCs. Examples of TNCs include
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( 5 marks) Question 1(b) Luxury Cruise operates a low- cost air transport system. One of its airplanes was acquired on 1 January 2010 for a total cost of RM800 million. The plane’s cost components are as follows: Component Cost (RM Million) Useful life Engine 110 5 years Body 400 10 years Furniture and fittings 150 6 years On 1 January 2012‚ it was discovered
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The Comparative Analysis of Financial Reporting Between China and the UK Introduction As commonly acknowledged‚ accounting‚ as a social science‚ a language of economy‚ is affected by the environment in which it stays; In the meantime‚ it also brings impact on this environment (Černe 2009). There are numerous factors that affect the accounting system of a country‚ such as culture‚ politics and economy and other non-accounting factors (Nobes & Parker 2010). China is one of the most populous
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JET Task 5 A1. Key Points Banks are concerned with Custom Snowboards liabilities and assets. They are interested in assets as this is what Customer Snowboards will use to generate funds to repay the loan. Banks are interested in liabilities as this is what Custom Snowboards currently owes other creditors. Custom Snowboard‚ Inc. showed a small decrease of 3.40% in net sales from Year 13 to Year 14. This slight reduction can be attributed to the decline in the current economic situation
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The Benefits of Adopting International Financial Reporting Standards (IFRS) In The United States by Michelle Minor Accounting 203 5/20/09 Most people believe that the conversion from each country’s GAAP to IFRS is inevitable‚ though there is nothing conclusive of how effective or successful this would be. In short‚ making the switch to IFRS is a great leap of faith by all who participate. Ideally IFRS is designed to be used by all companies worldwide‚ which is highly unlikely unless they
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