RUN‚ INC. Case 1) What are the practical differences in the accounting for a change in estimate and a correction of an error? Why might managements prefer one approach to another? What pictures do the two accounting presentations paint for readers outside the company? A change in estimate is a normal and ongoing process of a company. It usually arises from the appearance of new information that alters the current situation. Accounting for a change in estimate is treated prospectively. Companies
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aggregate wealth-creating capacity may be greater. [Because EVA‚ like ROCE‚ is also usually based on a "snapshot" or short time series of data.]•Is it valid to mix accounting and market measures as EVA does?Q3. Calculate EVA and MVA from Outsource Inc and whether it could be used as an incentive system for its employees. Ans: Operating Current Assets (OCA)= Current Assets - Short term investments= 438‚685 - 61‚047= $ 377‚638Operating Current Liabilities(OCL) = Current liabilities- Notes payable=
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By: J. L. March‚ 28‚ 2013 The Tundra Biome There are two types of tundra ecosystems: the arctic tundra and the alpine tundra. The tundra biome has several unique characteristics. The climate is very cold there is little diversity‚ and a "short season of growth and reproduction occurs" (1). The Finnish word tunturia‚ which means treeless plain‚ was the inspiration for the words tundra (4). The formation‚ plants‚ and animals that are associated with this biome have several attributes that make
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Fabindia‚ W‚ Biba‚ Anokhi‚ Bandhej‚ and Meena Bazaar. Retailers such as Westside‚ Shoppers Stop‚ Lifestyle‚ Reliance and Big Bazaar have partially filled this gap and helped to evolve ethnic wear from a tailor-stitched to a ready-to-wear category. There is an opportunity in this segment for launching ethnic wear brands with pan-India presence. There is a huge potential in contemporizing traditional work from various regions and creating Indo-western apparel specifically targeted at younger workingwomen
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Why people wear casual clothing in Hong Kong? The reasons to wear the casual clothing * Easy to wear: save time to do other important things. * Easy to wash: Casual wear can simply be washed and dried. * Feeling more Comfortable‚ freedom and relaxed than formal wear. * Create your own style. * Show personality: Wearing casual clothes makes people feel self-confident when they are in their favorite. * Save Money: You don’t have to spend extra money on buying different
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Ready-to-wear or Pret-a-porter is the fashion design term for clothing marketed in a finished condition‚ in standard clothing sizes. Some fashion houses or fashion designers create ready-to-wear lines that are mass-produced and industrially manufactured. Others offer lines that are still very exclusive and produced only in limited numbers and only for a limited time. In contrast to haute couture‚ these lines are never one of a kind. High-end ready-to-wear lines are sometimes based upon a famous gown
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Does The Devil Really Wear Prada? More than just a title to a movie‚ it is real life to Miuccia Prada‚ President and head designer‚ and CEO Patrizio Bertelli‚ of the Italian Prada Group. This group became one of the top luxury businesses in the world‚ designing high end fashion. Prada quickly built a strong reputation in luxury goods primarily because of its exclusives designs‚ superior manufacturing techniques and high quality materials. Could the majority of their success be because of their
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What to Wear Narrative/ Descriptive Essay The day before my first full day of junior year I continue telling myself‚ “Whoo! Junior year. I’m going to have so much fun this year.” However‚ even though I am ready to begin the new school year‚ nervousness about my first day plagues my mind. I ponder what to wear. I have a whole closet of clothes which is stuffed like my grandmother’s Thanksgiving turkey‚ but I find myself stumped on which outfit to wear for day number one. With this trivial dilemma
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Prime Minister Lee Kuan Yew laid a foundation that circled around the importance of education‚ strong work-ethic and discipline. This focus was highlighted in three main pillars of efficient government‚ economic stability and a strong workforce in this case. Efficient Government – Having an efficient government not only made Singapore attractive to foreign investments but it also ensured Singapore was adaptable and able to build the infrastructure and institutions required for a healthy economy. The
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In the story of "Unready to Wear"‚ it focuses on the negative aspects of "wearing" a body. Some of these negative characteristics include‚ having to bathe it‚ feed it‚ get it vaccinated‚ and keep it in shape. For those who do not care for the body‚ are called "amphibians"‚ people who are one with their psyche. Although‚ being amphibious may be less of a hassle‚ there are also many positive aspects of "wearing" a body. Just because you float around without "wearing" a body‚ doesn’t mean you’ll undergo
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