Accounting for the iPhone at Apple‚ Inc. (HBS 9-111-003) 1. Exhibit 3 provides the journal entries under subscription accounting. Refer to the example in Exhibit 3. a) Complete the following FSET assuming the Apple follows subscription accounting to account for iPhone’s sales revenue (separately for the transaction in Quarter 1 and in Quarters 2 to 8). Balance Sheet Income Statement Transaction Cash Asset + Noncash Assets - = Liabilities + Contrib. Capital + Earned Capital Revenues
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1. What is Capital One’s business and who are their competitors? Capital One is a financial services company‚ whose banking and non-banking subsidiaries market a variety of financial products and services. The Company operates in Credit Card‚ Commercial Banking and Consumer Banking segments. It issues credit cards‚ loans‚ banking and savings products‚ while determining rates to charge‚ and which customers are risky. Its competitors consist of banks‚ investment banks‚ and other credit card companies
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shock during 1970s‚ making the market under the extremely volatile condition. Maturity gap was used to analyze different between assets and liabilities in maturity and adjusted for the repricing interval. The basic mechanism behind this required Banc One to classify its assets and liabilities into differenct categories according to their relative repricing-adjusted time to maturity. Then‚ the maturity gap can be defined as the difference between assets dollar value and liabilities dollar value for each
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Amanda Williams Unit 504 Develop Health and Safety and risk management policies procedures and practices in Health and social care or children and young people’s setting. 1.1 The framework which we work to within the home for health‚ safety and risk management are based around the Health and Safety at work act 1974. Within this act it states that we need to follow the health and safety policies which as a company we have and also risk assessments. The HSE states that there are several things
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Analysis Case 1 Chapter 17 Name Institution Introduction Observation of standard accounting practices is a requirement for publicly traded companies. The companies are obligated to follow strict accounting rules in the presentation of their financial statements to enable the readers of such statements to compare performances by different companies easily. Financial institution and shareholders of various private companies may also require private companies to comply with certain accounting standard
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Case Study: Are Five Heads Better Than One? This case study involves an interactive team working for Advert marketing firm on a new ad campaign for one of the firm’s most important clients. The team of Evan‚ Conner‚ Alexis‚ Derek and Judy was picked by upper management based on their similar talents‚ personalities‚ and biographical features such as age and tenure at Advert. This group was tasked with creating an innovative ad campaign to promote a 60-inch plasma television. Due to Advert’s
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1. (TCO A‚ B‚ C) External users want answers to all of the following questions except: (Points : 3) Is the company earning satisfactory income? Will the company be able to pay its debts as they come due? Did the company use a budget to plan its expenses? How does the company compare in profitability with competitors? | 2. (TCO C) Debt securities sold to investors that must be repaid at a particular date some years in the future are called: (Points : 3) accounts
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Case 8-28. Evaluating a Company’s Budget Procedures. 1. Identify the problems that exist in Ferguson & Sons Manufacturing Company’s budgetary control system and explain how the problems are likely to reduce the effectiveness of the system. The overall company’s strategy is not well defined by executives and communicated to the management. There is no goal other the cost reduction at total company level as well as at departmental level. Managers don’t see connection between expenses‚ revenues
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customer loyalty‚ and perhaps most importantly‚ human capital. These intangible assets are likely to provide tremendous earnings growth in the future which determines the company’s market value. Notice also that the company’s choice of conservative accounting policies has the effect of depressing the company’s book value of equity. 2. What effect did Microsoft’s software capitalization policy have on its financial statements? Ignore any potential tax effects. a. Assume that 60% of Microsoft’s
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Overview of IDEA‚ Section 504 and ADA The Individuals Disabilities Education Act (IDEA) used to be known as the Education for All Handicapped Children Act (EHA)‚ which was enacted in 1974. IDEA ’s main purpose is to provide early intervention‚ special education and related services to all disabled children to ensure they receive an appropriate education. IDEA has six main principles which are Zero Reject‚ Nondiscriminatory Evaluation‚ Appropriate Education‚ Lease Restrictive Environment‚ Procedural
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