Week Five Individual Assignment Jonathan Scott ACC/561 7-A1) Preparing a Master Budget You are the new manager of the Betterbuy Electronics store in the Mall of America. Top management of Betterbuy Electronics is convinced that management training should include the active participation of store managers in the budgeting process. You have been asked to prepare a complete master budget for your store for June‚ July‚ and August. All accounting is done centrally so you have no expert help
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(Master budget preparation) Sopchoppy Company manufactures a red industrial dye. The company is preparing its 2000 master budget and has presented you with the following information. 1. The December 31‚ 1999‚ balance sheet for the company is shown below. SOPCHOPPY COMPANY Balance Sheet December 31‚ 1999 Assets Liabilities and Stockholders’ Equity Cash $ 5‚080 Notes Payable $ 25‚000 Accounts Receivable 26‚500 Accounts Payable 2‚148 Raw Materials Inventory
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Describe operation of retail store (a convenient store or pharmacy). 1) What are the process steps? 2) What are the main inputs? 3) What are the main outputs? 4) How customer judges quality of the store? Why these important? 5) How can technology be used to improve performance? Solution: Inputs | Operation Process(convenient store) | Outputs | Manpower | Plan the strategic locations | Goods | Seller | Plan the consumer needs | Drinks | Cashier | Purchase orders to fill
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Advancing Statewide Spatial Data Infrastructures in Support of the National Spatial Data Infrastructure (NSDI) Strategic Planning Process Map For use by all Stakeholders in the Geospatial Community Produced by NSGIC for the Federal Geographic Data Committee (FGDC) March 2006 Advancing Statewide Spatial Data Infrastructures in Support of the National Spatial Data Infrastructure (NSDI) Strategic Planning Process Map For use by all Stakeholders in the Geospatial Community This
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Academy and Officers’ Training Academy respectively. 3. The papers in all the subjects will consist of objective type questions only. The question papers (Test Booklets) of General Knowledge and Elementary Mathematics will be set bilingually in Hindi as well as English. 4. In the question papers‚ wherever necessary‚ questions involving the metric system of Weights and Measures only will be set. 5. Candidates must write the papers in their own hand. In no circumstances will they be allowed the help of a
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Question 1 If I buy the T-note‚ FV=$1000 If I leave the money in the bank‚ FV=PV(1+Inom/M)MN+$10=900(1+5%/365)270+$10=$943.91 $1000>$943.91‚ so the greatest future wealth is $1000 If I buy the T-note, PV=FV/(1+Inom/M)MN=1000/(1+5%/365)270=$963.95 If I don’t buy it‚ PV is $910. $963.69>$910‚ the greatest wealth today is $963.69 Leaving the money in the bank‚ the effective rate of return is: EFF=(1+Inom/M)M-1=(1+5%/365)365-1=5.13% For the T-note 1000=910(1+I)270‚ I=0.034936%‚ EFF=(1+Inom/M)M-1=(1+0
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Baseline Assignment Packet: 1. Header [5 pts]: Names of the team members‚ date‚ course name‚ and course number. 3. Check Performance (10 pts): Insert a screen shot of your entire spread sheet that shows the check on your spread‐sheet calculations. 2. Performance (10 pts): Insert a screen shot of your entire spread sheet that shows the baseline system performance. Optical Power | | | Source Power | 20.0000 | [mW] | | Source Power | 13
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Development Co. Ltd 2002). When they are packed they are moved to the cold storage area of the warehouse. In order to ensure that sufficient finished goods are in stock the potatoes purchased in any month is equal to the current period’s sale plus 25 per cent of the following month’s sale. Sales commission is paid at a rate of 8% on sales. This is paid in the following month. HST’s goal is to breakeven every month. The company is currently selling more than enough 10lb bags of French fries to do this
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Question 1 A patent entitles the inventor of a new product to prevent others from selling‚ manufacturing‚ making‚ marketing or importing the patented product for a limited period of time. This can provide the patent holder with a monopoly position in the market for that product‚ which allows them to charge a higher price and achieve their expected returns (both tangible and intangible). Pharmaceutical companies used this strategy to maintain their market competitiveness and guarantee the returns
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Budget Deal 2 Q-1. The budget deal of 2013 avoided the fiscal cliff through various avenues. It entailed retaining the income tax brackets from the Bush tax cuts permanently. The ideal budget deal would avoid tax increases and deep spending cuts. However‚ in the PBS interview the “Americans will either have to in the future bear higher taxes‚ middle-class Americans‚ or most people will see their services‚ safety nets‚ public investments in everything from sewers and infrastructure overall
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