Alternative: One alternative Old Mule Farms can choose is doing nothing‚ and just remain what they did in the past. Right now Old Mule Farms tried to minimize their expense. They sold some of their land to generate funds to cover operating cost; they rented pasturage to feed their cows; they basically focused on feeding heavier cows in order to get heavier calves‚ and then can generate more revenue. They also provide dietary supplements and minerals to maintain calves’ health and productivity. Old
Premium Variable cost Costs Marginal cost
A UGUST 20 1 3 I SSUE AND P R ES ENT SAMHITA ‘The Tim es Have Cha ng ed; And S o H ave W e’ Read‚ Enjoy‚ Learn From the Editors’ Desk……………………... (i) Prof. Jerome’s Corner……………………… 01 XL ki Zubaaani - 1…………………………. 04 XL ki Zubaaani - 2…………………………. 06 XL ki Zubaaani - 3…………………………. 08 The Burning Issue…..……………………... 10 Just for Fun………………………………... 12 “In learning you will teach‚ and in teaching you will learn” - Phil Collins Page (i) From The Editors’ Desk SAMHITA
Premium Trade union
8/2/2012 Objective of Lecture 2 CLASSIFICATION OF ACCOUNTS & ACCOUNTING EQUATION • By end of lecture 2‚ all students should be able to:(a) Understand the five categories of accounts and able to classify them into the respective categories (b) Understand the accounting equation and the relationship between assets‚ liabilities and owner’s equity. Classifications of accounts • • 1. 2. 3. 4. 5. An account is used to record all information regarding an item. The five major
Premium Generally Accepted Accounting Principles Balance sheet Asset
CHAPTER 3 THE REPORTING ENTITY AND CONSOLIDATED FINANCIAL STATEMENTS ANSWERS TO QUESTIONS Q3-1 The basic idea underlying the preparation of consolidated financial statements is the notion that the consolidated financial statements present the financial position and the results of operations of a parent and its subsidiaries as if the related companies actually were a single company. Q3-2 Without consolidated statements it is often very difficult for an investor to gain an understanding
Premium Balance sheet Asset
Table of Contents 1.0 Company Background 2 2.0 Problem at Magic Hand Car Wash 3 3.0 Causes for the problem of High turn over 5 3.1 Unplanned Recruitment and Selection 5 3.2 Low Employee Remuneration 6 4.0 Solution 7 4.1 Conduct strategic recruitment process 7 4.2 Pay for performance and provide benefits 8 5.0 Implementation 10 5.1 Implementation of systematic recruiting 10 1.0 Company Background Magic Hand Car
Premium Employment Recruitment Human resource management
3.Segregatin of functions 3. C 4.Cancellation of documents C 5.Prenumbering of documents for accounting sequences C 6.Internal verification of documents C C C C C 7.Chart accounts C 8.Processing for procedures C 9.Monthly reconciliation of Accounts Payable Master file with the general ledger C Deficiencies* 1. 2. 3.
Premium Accounts receivable Accounts payable Audit
Each operating entity (Georgia‚ Michigan‚ California‚ and China) each have their own Finance & Accounting Systems and they provide input that is consolidated at Corporate. The basic components of each system are as follows: general ledger‚ accounts payable‚ accounts receivable‚ order entry‚ procurement‚ sales and purchasing history‚ invoicing and shipping‚ payroll‚ financial reporting‚ EDI*‚ bar code reading*‚ EDSS (Executive Decision Support System)* *San Jose Only During the due diligence
Premium Computer program Accounts receivable Accounting software
Chapter 5 Accounting for Merchandising Operations Chapter Summary Merchandising Operations • A merchandising company is an enterprise that buys and sells goods to earn a profit. • Measuring net income for a merchandising company is the same as for a service company through matching of expenses with revenues. • In a merchandising company‚ the primary source of revenue is the sale of merchandise‚ which is called sales revenue or sales. • Expenses for merchandising
Premium Generally Accepted Accounting Principles Revenue Accounts receivable
ACC 556 – Financial Accounting for Managers Chapter 1 Homework Due Week 1 and worth 10 points Directions: Answer the following four questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed‚ or both. Submit your homework assignment using the homework assignment link in the course shell. E1-1 Here is a list of words or phrases discussed in this chapter: 1. 2. 3. Corporation Creditor Accounts receivable 4. 5. 6. Partnership Stockholder
Premium Revenue Income statement Generally Accepted Accounting Principles
Matthew Hoke Case problem 8-5 trade secrets Theories: Appropriation‚ Appropriation of Trade Secrets‚ Wrongful Interference with a Contractual Relationship 3. The business tort of wrongful interference with a contractual relationship is broken in the case of Briefing.com v. Jones court case. The particular issue in this case is in March of 2003 after Cynthia Dietzmann and Gregory Jones quit Briefing.com to start StreetAccount‚ LLC‚ was the information and data not returned by Cynthia Dietzmann
Premium Law Employment Pleading