Profit Determination Prepared by John Hoggett and Clare Innes Measurement of Profit • Cash basis • Cash income received - Cash expenses paid – Revenues recorded when received – Expenses recorded when paid • Accrual basis • Profit = Income (incl. Revenues) - Expenses – Revenue is recognised when the anticipated inflow of economic benefit can be reliably measured – Expenses when the consumption of benefits can be reliably measured 2 Adjusting Entries • The need for adjusting entries-
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Controlling Organized Crime CJA-384 Controlling Organized Crime Organized crime continually has caused numerous law enforcement agencies throughout the world to reevaluate criminal apprehension tactics. Organized criminal activities have plagued almost every country within the world‚ caused thousands of deaths‚ and generated billions of dollars from illegal activities. The immense problems presented‚ various relationships established‚ and the legal limitations
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EVALUATE THE CURRENT NIGERIA AGRICULTRAL POLICY IN THE LIGHT OF AGRICULTURE FOR PRO-POOR GROWTH: INTRODUCTION The assignment would attempt to define ’Pro Poor Growth’‚ analyse the role of agriculture in addressing the problem of poverty with more emphasis on the current agricultural policy in Nigeria. It would be ascertain whether those policies saw the light of the day and some remedies will be suggested as a way forward. PR-POOR GROWTH: In some literature‚ growth is termed Pro Poor when incomes
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between -100 and 100 which is calculated as the Net Promoter Score. Why do companies use NPS? While most companies look to acquire more customers in order to boost their growth and revenue‚ they realise that it is important to retain those customers to run a sustainably growing business. In order to do this‚ they look to make their customers as loyal to the brand as possible. The problem with brand loyalty and customer satisfaction is that they are qualitative metrics which are difficult to measure
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become one of the dominant objectives of government economic policy in many countries. Effective policies to control inflation need to focus on the underlying causes of inflation in the economy. For example if the main cause is excess demand for goods and services‚ then government policy should look to reduce the level of aggregate demand. If cost-push inflation is the root cause‚ production costs need to be controlled for the problem to be reduced. Monetary Policy Since May 1997‚ the Bank of England
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RUNNING HEAD: EVALUATE AN ARGUEMENT EVALUATE AN ARGUEMENT PHI 103 Professor Wise Tiffany Blunt February 4‚ 2015 Assignment on Evaluate an Argument Deductive and inductive reasoning is an interesting topic that is widely available on internet. Deductive arguments are arguments by the arguer to be valid and logical that is they have to provide justification‚ guarantee and proof for the derived conclusion. The premises that are presented by arguer should be strong and powerful
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absence of evidence that bar owner knew that patron was going to drive home. West’s Ga.Code Ann. § 51–1– 40(b). No. A06A1149. Court of Appeals of Georgia. Nov. 2‚ 2006. Certiorari Denied Feb. 5‚ 2007. Background: Motorist brought action against bar owner under Dram Shop Act for injuries she sustained in automobile accident with intoxicated driver. The State Court‚ DeKalb County‚ Carriere‚ J.‚ denied bar owner’s motion for summary judgment. Bar owner appealed. Holding: The Court
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social science which covers planning‚ coordinating‚ directing‚ supervising and organizing resources (human‚ materials and financial)‚ which leadership is the guidance and encouragement to manage people (Olufeani Oyedele‚ 2009). According to F. John Reh‚ a manager is the person responsible for planning and directing the work of a group of individuals‚ monitoring their work‚ and taking corrective action when necessary. Different types of manager responsible for different sections in a company. An operation
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to establish any new identified training needs that may warrant an adjustment or inclusion to the training programme. Using the proven systematic training cycle methodology: 2 Evaluate the Training 2.1 This is the most vital phase of the cycle since it is only after the training/assessment has been completed‚ that its effectiveness can be assessed. Information gathered from the de-brief test results and observations made be
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2) Explain why a profit maximizing firm produces the output that equates marginal revenues to marginal costs (MR=MC). In a perfectly competitive market‚ producers are price-takers and consumers are price-takers. There are many producers‚ none having a large market share and the industry produces a standardized product‚ also free entry and exit of the industry. They produce using the optimal output rule: produce where marginal revenue equals marginal cost as Smith (1904) demonstrated. Figure
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