ANSWERS Quiz 1 profit margin on sales for 2013. Net income/net sales. receivables turnover ratio net sales/average A/R inventory turnover ratio for 2013. COGs/average inventory asset turnover ratio for 2013.Net sales/average total sales average collection period for 2013.365/receive turnover ratio. average days in inventory for 2013.365 / inventory turnover ratio decimal place. return on assets for 2013. Profit margin*assets turnover. return on stockholders’ equity for 2013. Net income/ average
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David Rojas Educ. 1300‚ 2060 Dr. Bryant 11/5/14 Petroleum Engineer I chose Petroleum Engineering‚ because it is a fascinating field in engineering which helps the community by providing a supply of power in an efficient manner. Additionally‚ it is a job that is bountiful in Texas and as a plus the pay is amazing. Petroleum Engineering is basically drilling and producing petroleum and natural gas in an efficient‚ safe and profitable way. They also do a lot of planning‚ which includes looking
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Copyright © 2011 John Wiley & Sons‚ Inc. Weygandt‚ Accounting Principles‚ 10/e‚ Solutions Manual (For Instructor Use Only) 1-33 PROBLEM 1-1B (a) VINCE’S TRAVEL AGENCY | | | | | | | | | | | | | Owner’s Equity | | | Cash | + | AccountsReceivable | + | Supplies | + | Equipment | = | AccountsPayable | + | Owner’sCapital | – | Owner’s Drawings | + | Revenues | – | Expenses | | | | | | | | | | | | | | | | | | | | 1.2.3.4.5.6.7.8.9.10. | | +$15
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1. Identify an accounting scandal at a corporation that has resulted in a loss of reputation to the accounting profession. Explain the crime(s) committed. In early 2008 Lehman borrowed large amounts to fund its investing in the years leading to its bankruptcy in 2008‚ “a process known as leveraging or gearing”. A large part of their investments were towards housing market‚ making it vulnerable to a downturn in that market. This firm generated large profits during the housing boom‚ this place them
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on what program they should take in college. Unfortunately‚ senior students nowadays are facing a dilemma on their college course preference. This quandary made the researcher conduct a study regarding the factors that influence seniors’ decision making in their college course preference. Information Technology‚ Nursing‚ and Hotel and Room Management are the usual courses that are taken up by many students because of the popularity. Some of them are constrained by their parents’ desire while some
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ASSIGNMENT Accounting Manager Decision Making Submitted by: Ashish Lakhani Submitted to: Tariq Shameem Case 5-35 | (a) | Stage 1: Allocation of S1 and S2 costs to production departments | | | | Department P1 | Department P2 | | | Directly traceable | $480‚000 | $780‚000 | | | S1 | 1‚176‚000 × = 420‚000 | 1‚176‚000 × = 756‚000 | | | | | | | | S2 | 1‚120‚000 × = 280‚000 | 1‚120‚000 × = 840‚000 | | | | | | | | Total support | $1‚180‚000 | $2
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Jonathan Wiggins Business Economics GM545 July 2013 jwiggin3@gru.edu Exercise 1: Everyone’s gasoline problem Gas prices fluctuate due to oil prices and the anticipated supply and demand worldwide. Whenever there is political unrest in a major oil producing country you will see an increase in gas prices due to the demand of oil potentially produced decreasing. Very rarely do gas prices follow the general supply and demand because if they did gas prices would be lower currently. In my hometown
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Business Economics GM545-10496‚ September 2013 Everyone’s Gasoline Problem Retail gasoline prices fluctuate largely due to crude oil prices and supply and demand. Demand for oil is high with an ever-increasing demand in the United States and throughout the world‚ supply and production is limited and due to the ongoing debate on offshore drilling for new wells control of gasoline prices appear to be unattainable. (2) Crude oil prices are determined by worldwide supply and
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Water budget for Terre Haute‚ Indiana J F M A M J J A S O N D P 7.4 6.8 9.6 9.4 10.1 10.2 8.1 8.2 8.7 6.9 8.4 7.5 PE 0.0 0.0 1.8 4.9 10.2 13.4 15.8 13.8 9.9 5.2 1.7 0.1 P-PE 7.4 6.8 7.8 4.5 -0.1 -3.2 -7.7 -5.6 -1.2 1.7 6.7 7.4 Change 0.0 0.0 0.0 0.0 0.1 -3.2 -6.7 0.0 0.0 1.7 6.7 7.4 In ST ST 10 10 10 10 9.9 6.7 0.0 0.0 0.0 1.7 8.4 10 AE 0.0 0.0 1.8 4.9 10.2 13.4 14.8 8.2 8.7 5.2 1.7 0.1 D 0.0 0.0 0.0 0.0 0.0 0.0 7.7 5.6 1.2 0
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1 Chapter I Introduction Background of the Study More wheat flour is produced than any other flour. Wheat flour is the basic and most popular flour in the world. It is known for its good taste and nutritional value. Wheat flour nowadays is getting improved. Many of us are taking up a light and healthy diet which includes wheat bread. There are only little amount of vitamins and minerals found in wheat bread. That is the reason why the researchers came up with the idea
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