Chapter 3 Exercise / Problems: #1 p. 113 1. [Business Organization and Intellectual Property] Phil Young‚ founder of the Pedal Pushers Company‚ has developed several prototypes of a pedal replacement for children’s bicycles. The Pedal Pusher will replace existing bicycle pedals with an easy-release stirrup to help smaller children hold their feet on the pedals. The Pedal Pusher will glow in the dark and will provide a musical sound as the bicycle is pedaled. Phil plans to purchase materials for
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1. University of Texas-Austin The University of Texas requires certain prerequisites for admission into the MPA program. The following undergraduate courses are prerequisites for the MPA program and should be completed‚ with a passing grade‚ prior to enrollment: Principles of Macroeconomics Analysis of the economy as a whole (its organization and the basic forces influencing its growth and development); money and banking‚ national income‚ public finance‚ and international linkages. Principles
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TABLE OF CONTENTS - CHAPTER 11 I. CHAPTER 11 – INVENTORY 1 II. OVERVIEW AND OBJECTIVES 1 A. Overview 1 B. Objectives 1 III. DEFINITION OF INVENTORY 1 IV. INTERNAL CONTROLS 2 V. ESTABLISHING AND MAINTAINING AN INVENTORY 2 VI. VALUING THE INVENTORY 4 A. FIFO 5 B. Weighted Average 6 VII. YEAR-END PHYSICAL INVENTORY 7 VIII. EXHIBITS 8 CHAPTER 11 – INVENTORY The purpose of this chapter of The Guide is to explain the concept of inventory and to discuss the policies‚ guidelines
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Chapter 12 Corporate Valuation and Financial Planning ANSWERS TO END-OF-CHAPTER QUESTIONS 12-1 a. The operating plan provides detailed implementation guidance designed to accomplish corporate objectives. It details who is responsible for what particular function‚ and when specific tasks are to be accomplished. The financial plan details the financial aspects of the corporation’s operating plan. b. Spontaneous liabilities are the first source of expansion capital as these accounts increase
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THE CHINESE UNIVERSITY OF HONG KONG School of Accountancy ACCT 3111 Financial Reporting I Sections A (Mon 08:30 – 11:15 pm) & B (Wed 08:30 – 11:15 pm) & C (Fri 08:30 – 11:15 am) (First Term‚ 2014-2015) INSTRUCTOR Name: CHIU‚ Peng-Chia Office: Room 1015‚ 10/F‚ Cheng Yu Tung Building Telephone: 3943-7835 Email: chiupc@cuhk.edu.hk Office hour: Friday 3:30-5 pm or by appointment Course website: https://elearn.cuhk.edu.hk TEACHING ASSISTANT Name: Wilburn Tsang Office Location: Room 1049‚ 10/F
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BDP 301: Principles of Business Syllabus November 25‚ 2009 version The University of Texas at Austin School of Undergraduate Studies Professor Michael Brandl (See information below) Unique: 63610 Spring 2010 Lecture: 2:00-3:15pm TTh in GSB 2.126 Professor Contact Information Email: michael.brandl@mccombs.utexas.edu Office: CBA 2.212 Office Hours: Tu Th 12:30 to 2pm and by appointment Office Phone: 512-232-3355 Course Description The vast majority of non-business majors will‚ at some point
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Review sheet Test 2 Chapters 4 & 5 (33 Multiple choice) Chapter 4 ▪ Definitions or calculations presentation on financial statements- Net Sales‚ COGS‚ gross profit‚ selling and administrative expenses o Sale - sale discount = Net sales o Net sale – COGS = Gross profit o Sale discount + net sale= sale o Sale – net sale = sale dis o Net sale – gross profit= COGS New asset -> inventory Expense -> COGS Revenue -> sales Contra revenue (debit)
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information‚ 4‚consequence providing wrong information to users. 2. How is materiality (and immateriality) related to the proper presentation of financial statements? Start with what is materiality Proper presentation of FS is complying with acct standards‚ true information. in terms of true and fair the amount is correct‚ no mistake. Any mistake‚ which like is more than this level‚ we will considered as material mistake‚ and auditor can collect and find evidence all the amount and transactions
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Revised 6/1/10 Transfer Course List Worksheet North Carolina Central University- Office of Transfer Services North Carolina Community College Courses Course Code ACA 122 ACC 120 ACC 121 ANT 210 ANT 220 ANT 221 ANT 230 ANT 230A ANT 240 ANT 240A ANT 245 ARA 111 ARA 112 ARA 181 ARA 182 ARA 211 ARA 212 ART 110 ART 111 ART 113 ART 114 ART 115 ART 116 ART 117 ART 121 ART 122 ART 130 ART 131 ART 132 ART 135 ART 140 ART 171 ART 212 ART 213 ART 214 ART 222
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(85% AR‚ 75%Inv) Revolver $ $ $ $ 2‚255‚917 2‚304‚288 $ $ 2‚521‚907 2‚218‚955 $ $ 2‚699‚146 1‚949‚595 $ $ 2‚890‚789 1‚643‚991 $ $ 3‚025‚581 1‚187‚490 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 1‚124 60 1‚184 1‚124 582 1‚706 1‚706 240 3‚130 130 400 530 1‚600 2‚130 1‚000 1‚000 3‚130 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 1994 50 370‚742 2‚587‚715 60 2‚958‚567 1‚124 832 1‚956 116 1‚840 180 2‚960‚587 258‚771 400 2‚304‚288 2‚563‚459 1‚200 2‚564‚659 1‚000 394‚927 395‚927 2‚960‚587 $ $ $ $ $ $ $ $
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