is provided for general guidance only and on the understanding that it does not represent‚ and is not intended to be‚ advice. Whilst care has been taken in its preparation‚ it should not be used as a substitute for consultation with professional accounting‚ tax‚ legal or other advisors. Before making any decision or taking any action‚ you should consult with an appropriate specialist or professional. No warranty is given to the correctness of the information contained in this document‚ or its suitability
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gooda available for sale. -the consistency principle states that the busineses should use the same accounting methods from period to period. -under the FIFO‚ the ending inventory is based on the cost of the most recent purchases. -the value of purchases remains the same irrespective of the inventory valuation method used. -using FIFO‚ the COGS is based on the oldest purchases. -the accounting conservatism principle requires that financial statements should report LEAST favorable figures. -do
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Socially Responsible Institutional Investment in Private Equity Author(s): Douglas Cumming and Sofia Johan Source: Journal of Business Ethics‚ Vol. 75‚ No. 4 (Nov.‚ 2007)‚ pp. 395-416 Published by: Springer Stable URL: http://www.jstor.org/stable/25124003 . Accessed: 19/03/2013 12:52 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit service that helps
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Accounting: Topic 6: Analysis And Interpretation Of Financial Statements (Part 2) Capital Structure Analysis Proportion of debt financing relative to equity financing (=gearing or leverage) * Reflects the entity’s financing decisions * Investments in assets are funded externally by liabilities‚ or internally by owner’s as shown in accounting equation (A=L+OE) Debt to equity ratio: Total liabilities/ Total equity x 100=x% Debt ratio: Total liabilities/ Total asset x 100=x%
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Cost Accounting -- MIDTERM 1 1) Pointed Pencil company incurs the following costs in its manufacture of pencils. Classify each one of them according to one of the value chain functions: Functions: A) Research and Development B) Design of products‚ services‚ and processes. C) Production D) Marketing E) Distribution F) Customer Service G) Strategy and Administration ____ 1) Cost of wood used in manufacture of pencils. ____ 2) Cost of wood used in packing cartons to ship pencils. ____
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Costs assigned to the building of a house should appear on the income statement when Answer a. the purchase order to manufacture the house is received. b. the house is sold. c. cash is collected for the sale of the house. d. the house is completed. The basic document for keeping track of costs in a job order costing system is a Answer a. labor time card. b. job order cost card. c. process cost report. d. materials requisition form. The following information is available at the
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Many authors construct themes through their novels to deliver their personal point of view on a particular matter occurring within society. This is dominantly reflected in the 1945 novel‚ ‘Animal Farm’ by George Orwell (Eric Blaire). The novel ‘Animal Farm’ is centralised among the story of the animals that live on Manor Farm‚ where they are dictated by their cruel master Mr Jones. Under the inspiration of a pig named Old Major‚ the animals rebel against Mr Jones and overthrow him. They decide to
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BM6026 - Managerial Accounting & Finance Mini Assignment - Sem 1 2014/2015 Name : Suriati Binti Yusse Matric no : MB1412199T Class : Tuesday - 7.00PM - 10.00PM product selling price Variable Cost : Material : Extract of Tongkat Ali Other Ingredients Packing Material Overhead Cost : Drying cost of liquid Other Overhead Cost Labour Cost : Processing Packaging Total Variable Cost Unit Contribution Margin Expected volume sales % of total sales Weighted Contribution Q1 : capsule
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Our identity is constructed by‚ for example‚ the clothes we wear. Discuss the idea of a construction of identity within postmodernism using recommended texts. During the postmodernist era there was great emphasis on the movement of philosophy and social science as well as new influential styles of architecture‚ design and fashion. It was the development of the modernist era‚ which in the late 1950’s received criticism for being standardized and no longer suiting peoples lifestyles. The Machine
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Should a business be held socially responsible? The demand for how businesses do their operations needs to change. As of right now‚ the business model suggests that we pursue profit by any entrepreneurial means and cut costs at any expense. For the most part businesses over the latter half of the twentieth century have based their idea of how to run a company off of Milton Friedman’s theories and classical neo-liberal economic thinking. I am suggesting however‚ that we take a different route for
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