This of ACC 305 Week 3 P7-14 (Page 389) contains: Balance per bank of El Gato Painting Company Business - Accounting Week 3 Required Readings a. Chapter 6: Time Value of Money Concepts b. Chapter 7: Cash and Receivables Discussions Present Value of Annuities. Complete Communication Case 6-3 on page 334. Internal Control. Complete Judgment Case 7-5 on page 391. Quiz Assignments Receivables Bank Reconciliation. Complete P7-10 (Page 388)
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have a sound knowledge of cost behaviour ie fixed costs‚ variable costs‚ semi-variable costs and sunk costs. Answer: Understanding cost behaviour helps manager in anticipation of changes in cost when there is a change in their activities like production‚ sales‚ inventory pile up etc. It provides good assistance in planning‚ cost management and decision making. A number of behaviour patterns exist ranging from fixed to variable and from linear to curvilinear. Many cost predictions techniques are
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healthy alternative to breastfeeding‚ a formula which they distributed to new mothers who were unable to successfully breastfeed in developing countries. This appears to be a just and virtuous act and Nestle is seen as an excellent company. Conversely‚ they began to distribute the formula to all new mothers and suggested they use formula instead of attempting to breastfeed. This resulted in mothers not being able to breastfeed and having to buy more formula‚ and this is the end goal of business –
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everything else. The costs of doing so would be prohibitive and would‚ effectively‚ mean that every financial report included a mini manual on accounting. This would be unlikely to benefit anyone ‘perfectly’ -- it would either be too little‚ or too much‚ most likely the latter‚ serving only to overwhelm users of those reports/statements with information which is largely unnecessary for their needs. 2.3 Do you believe that the media portray accounting numbers‚ such as profits‚ as some sort of ‘hard’
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Cost of Capital Definition: cost of capital is the rate of return that a company must earn on its project investments to maintain its market value and attract funds. The cost of capital to a company is the minimum rate of return that is must earn on its investments in order to satisfy the various categories of investors‚ who have made investments in the form of shares ‚ debentures and loans. The cost of capital in operational terms refers to the discount rate that would be used in determining the
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by private individuals. Usually‚ we have organizations within the economy where one is profit oriented and its main business objective is to make profit from the revenue it tends to make by the end of a certain period‚ therefore‚ nothing from the extra money made will be used to develop the business‚ instead‚ the profit will go to the owner of the business‚ adding to that the owner can be giving some of the profit to its employees as a way of motivation according to Maslow’s hierarchy of needs which
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into a larger market which covers 19 cities‚ but a forecast of the sales and profit of the 19 cities market is necessary. Table 2 shows the result of forecasting and the total contribution in the bigger market which is $5‚149‚320. Let us assume that the costs of up-front investment in market research‚ setup/auditing‚ and public relations campaign don’t have to be repeated in the expanded distribution‚ so the major cost will be the promotion and advertising. Assuming the expenditure is based on a
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Formulas Chapter: 1 Section: 2 * The empirical formula: the formula that gives the simplest ratio of the number of atoms in the compound. Determination of the empirical formula: 1. Find the mass in grams of each element. 2. Find the number of moles. 3. Find the simplest ratio of moles. Question 1. Mass of elements in g. 2. Number of moles of each element. 3. Simple ratio of elements. Practice problems * A 2.765 g sample of lead oxide was heated in a stream
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Case (in the Bel-Jean handout packet or under the Course Materials tab‚ in the Week 1 folder). 3) Do 2-20 (the cost object is the entire product line‚ not the individual car). (75 min.) Cost Terms and Purposes Handout – Chapter 2 Learning Objectives HDR 2 (pp. 26-37) Two Articles – Where Toyota Went Wrong; Toyota Is Changing How it Develops Cars (Classify the activities and costs discussed in these articles in Toyota’s value chain. How has Toyota shifted emphasis across the elements of its
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Call 1600-111-533 (toll-free) for info. Formula Booklet – Physics XI Dear students Most students tend to take it easy after the board examinations of Class X. The summer vacations immediately after Class X are a great opportunity for the students to race ahead of other students in the competitive world of IITJEE‚ where less than 2% students get selected every year for the prestigious institutes. Some students get governed completely by the emphasis laid by the teachers of the school in which they
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