Hoang Thi Thanh Ha - 13200154 Case 14-3 Coconut Telegraph 1. Is Coconut’s February 1‚ 2012‚ arrangement with Buffett within the scope of ASC 985-605? ASC 985 -605 Software — Revenue Recognition “provides guidance on when revenue should be recognized and in what amounts for licensing‚ selling‚ leasing‚ or otherwise marketing computer software.” It defines “ Software arrangements range from those that provide a license for a single software product to those that‚ in addition to the delivery of
Premium Generally Accepted Accounting Principles Contract
prices patent or copyright protection Demand: Price sensitivity demographics Cost Considerations: Fixed and variable costs short-run or long-run In the long run‚ a company must price its product to cover its costs and earn a reasonable profit Most case: Company does not set the prices‚ competitive market does Price takers: the companies cannot set the price of gasoline by itself; the price of gasoline is set by market forces (the supply of oil and the demand by customers) Ex: farm products or minerals
Premium Variable cost Costs Total cost
Minda Furgeson Week 6 Acc/290 problem 4-8 Dana La Fontsee opened Pro Window Washing Inc. on July 1‚ 2012. During July the following transactions were completed. July 1 Issued 12‚000 shares of common stock for $12‚000 cash. July 1 Purchased used truck for $8‚000‚ paying $2‚000 cash and the balance on account. July 3 Purchased cleaning supplies for $900 on account. July 5 Paid $1‚800 cash on 1-year insurance policy effective July 1. July 12 Billed customers $3‚700 for cleaning services. July 18
Premium Generally Accepted Accounting Principles Balance sheet Accounts receivable
RUNNING CASE – Chapter 8 The Recreation and Wellness Intranet Project team is working hard to ensurethat the new system they develop meets expectations. The team has a detailed scope statement‚ but the project manager‚ Tony Prince‚ wants to make sure they’re not forgetting any requirements that might affect how different people view the quality of the project. He knows that the project’s sponsor and other senior managers are most concerned with getting people to use the system‚ improve their health
Premium Project management Management
Text and Discourse The nature of text When we think of a text‚ we typically think of a stretch of language complete in itself and of some considerable extent. However‚ there appears to be a problem when we have to define units of language which consist of a single sentence‚ but that fulfill the basic requirement of forming a meaningful whole in their own right. For example: “keep off the grass”. This text is complete in terms of communicative meaning. So‚ if the meaningful of the texts does not
Premium Linguistics Semantics
Economics 500 – Problem Set #3 Consider a firm producing an output Q using the two inputs “labor” (L) and “capital” (K) according to the production function Q = K.5L.5 (i.e.‚ the amount of output produced Q is equal to the square root of K times the square root of L). Suppose that the firm is in a short-run situation in which K is fixed at one unit (K = 1) but labor is variable. Suppose that the user cost of capital‚ r‚ is $48 for each unit of K and that the wage rate‚ w‚ the cost of one unit
Premium Economics Costs Cost
Department of Accounting Detailed Syllabus of Third Year Four-Year B.B.A. (Honours) Course Effective from the Session: 2009–2010 National University Syllabus for 4 years BBA Honours Course Subject : Accounting Third Year (Honours) Third Year: 32 Credit Hours Course Code COURSE TITLE Marks Credit Hours Audit and Assurance 100 4 Advanced Accounting-I 100 4 Cost Accounting 100 4 Management Accounting (in English)
Premium Management accounting Cost Costs
explain trends of the accounting ratios you have calculated in P3 (M2) Profitability Profitability ratios measure the profit of the firm in relation to another by comparing profit with sales. Profitability ratios figures shows how profitable a business is and it’s another great way to analyse the company’s overall performance compare to other businesses. If the company is making more profit shows that they are performing well and are good at managing their cost. These are 3 different ratios under
Premium Generally Accepted Accounting Principles Balance sheet Financial ratios
St. Xavier’s College Maitighar‚ Kathmandu Case study on Management Information System Of Araniko Multi-purpose Co-operative Limited By Ankit Khanal[01] Binod Bhattarai[02] Anish Kumar Shrestha[21] Amitabh Kumar Kushuwa[22] Submitted to Department of Computer Science November‚ 2011 Case study on Management Information System Of Araniko Multi-purpose Co-operative Limited by Ankit Khanal Binod Bhattarai Anish Kumar Shrestha
Premium Windows 2000 Backup Microsoft Windows
Phuc Nguyen Professor Elizabeth Curry Final Draft Compare Juror #8 and Juror #3 One of the top one hundred movies of all time according to the American Film Institute (number 87 to be exact)‚ “12 Angry Men”‚ a play written by Reginald Rose‚ is considered a household classic today and the definition of a quality movie. Unlike many of the movies today‚ 12 Angry Men doesn’t use vulgar language‚ have raunchy sex scenes‚ or any type of real violence throughout the movie‚ but yet it is still considered
Premium Jury