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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V ERSION 8 User’s Manual Windows® Macintosh® ii Inspiration® 8 User’s Manual Credits Inspiration® is designed developed‚ and marketed by Inspiration Software®‚ Inc. Original Creators Don Helfgott and Mona Westhaver Product Management Jonathan Maier Systems Analyst Jack Bennett Programming Management Sid Snyder Technical Lead John Shankland Programming Steve Bernard‚ Brian Fagerberg‚ Michael Fawver‚ Mark Fornia‚ Dave Goldman‚ Craig Kemper‚ Keith Miller‚ Daniel Pool‚ Jason
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Total Quality Management (TQM) is a comprehensive and structured approach to organizational management that seeks to improve the quality of products and services through ongoing refinements in response to continuous feedback. TQM requirements may be defined separately for a particular organization or may be in adherence to established standards‚ such as the International Organization for Standardization’s ISO 9000 series. TQM can be applied to any type of organization; it originated in the manufacturing
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Returns & Allowances Total revenues Operating Expenses Cost of goods sold Salaries expense Rent expense Advertising expense General and administrative expenses Depreciation expense Other operating expenses Total expenses Operating Income Other Items Investment income Interest expense Loss on PPE sold Income before Income Taxes Income tax expense Net Income Earnings per Share (2) Consolidated Statement of SE Contributed Capital Retained Earnings Total SE Beginning‚ date
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------------------------------------------------- Balance of Nature The balance of nature is a theory that says that ecological systems are usually in a stable equilibrium (homeostasis)‚ which is to say that a small change in some particular parameter (the size of a particular population‚ for example) will be corrected by some negative feedback that will bring the parameter back to its original "point of balance" with the rest of the system. It may apply where populations depend on each other‚
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Dana Kearse Key Terms Bankruptcy system – resolve effects of financial failure Composition agreement – an agreement between debtor and creditors for the repayment of debt Debt collection- collects assets and distributes proceeds to the multiple creditors. Debtor relief – legal relief from debt Discharge- forgiving the debt. Exemption – is property that a debtor may protect from seizure by creditors. Assignment for the benefit of creditors- takes place when a debtor‚ assigns its assets
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Perfect Balance Politicians plagiarise. Most of the time‚ this plagiarism is allowed to slide by and never comes to anything besides a few unhappy people and a couple complaints. Recently‚ Montana Senator John Walsh was found to have committed plagiarism and he used three excuses before saying‚ “I made a mistake here and I’m going to move on” (Osnos‚ “Why Politicians Plagiarize”). Politicians tend to plagiarise because the consequences are so inconsequential that they add up to barely more than
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Bally total fitness originated as an average health and tennis club in 1962. Who would have thought they would be where they are today. Like many other major companies sometimes it pays to be in the right place at the right time. Today they are one of the major companies in a 14 billion dollar health club industry. "They are the third biggest health care chain behind Curves for women and the YMCA".Currently they have around four million members and 420 facilities. They currently have operations in
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In this paper the author will compare and contrast current and noncurrent assets. The author will also explain what the order of liquidity is and how the order of liquidity applies to the balance sheet. Assets are ordinarily subdivided into current assets and noncurrent assets. Current Assets is a balance sheet item which equals the sum of cash and cash equivalents‚ accounts receivable‚ inventory‚ marketable securities‚ prepaid expenses‚ and other assets that could be converted to cash in less
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Prototype Waterfall RUP SDLC Approach (BA/Interactive design) Interactive design -Goal oriented Interactive design -Goal oriented Interactive design -Goal oriented Noble Path‚ Business analyst. Programming language JAVA LSI and CAD s/w Unix and NT and later JAVA .NET User involvement in throughout the development Feedback was throughout during the design‚ coding and integration stages Initial internal staff was involved and external users were Integrated in the development
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