following terms used in Note 3: grant date‚ exercise price‚ vesting period‚ expiration date‚ options granted‚ options exercised‚ and options forfeited. b. Note 3 (page 47 of Xilinx’s annual report) indicates that in fiscal 2007‚ Xilinx adopted a new accounting method for its stock options and other stock-based compensation as required by SFAS 123R. How does Xilinx now account for stock options? How does this differ from the method Xilinx used before
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“certificate of achievement for excellence in financial reporting” by the Government Finance Officers Association? What is the significance of this award? Yes‚ it is significant because it is the highest form of recognition in the area of governmental accounting and financial reporting‚ and its attainment represents a significant accomplishment by a government and its management. (Page 13) b) What are the key issues addressed in the letter of transmittal? Major initiatives in the city of Charlotte
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1.Temblador Corporation purchased a machine 7 years ago for 319‚000 when it launched product E26T. Unfortunately‚ this machine has broken down and cannot be repaired. The machine could be replaced by a new model 330 machine costing 323‚000 or by a new model 230 machine costing 285‚000. Management has decided to buy the model 230 machine. It has less capacity than the model 330 machine‚ but its capacity is sufficient to continue making product E26T. Management also considered‚ but rejected‚ the alternative
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costs Labor costs of assembly-line workers $110‚000 – Direct labor Sales commissions $35‚000 – Period costs Factory supplies used $13‚000 – Direct materials Salaries paid to sales clerks $50‚000 – Period costs (b) Explain the basic difference in accounting for product costs and period costs. Product costs are manufacturing costs‚ direct components‚ direct labor and manufacturing overhead‚ do not become expenditures until the company sells inventory. Period costs are non-manufacturing costs‚ including
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Chapter 8 Non-Current Liabilities Assessment Questions AS-1 ( 1 ) Name the typical forms of non-current debt. A typical and common form of non-current debt is a term loan from a bank. Another form of ______________________________________________________________________________ non-current debt is bonds. ______________________________________________________________________________ ______________________________________________________________________________ AS-2 ( 1 ) What is a bond
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1. Were Ben Cohen and Jerry Greenfield right to accept Unilever’s takeover offer for Ben & Jerry’s in 2000? And what does this case imply about business ethics more generally? Ben and Jerry’s is an ice cream producing company. The first shop opened in Burlington‚ Vermont in 1978. With a $12.000 ($4.000 were borrowed) investment‚ Ben and Jerry opened their first homemade ice-cream scoop shop. Each year the company celebrates its anniversary by having a free cone day. This has been a tradition
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Ben Carson made things easier in his life by a formula called THINK BIG. Each one of those letters mean something. There was three important letters that stood out to me. The most important letters that stood out to me were H for honesty‚ N for nice‚ and K for knowledge. The first important letter was H. If everybody had honesty‚ then the world would be so much better. Honesty can help achieve goals in many different ways. One way is if you tell people what happened and not lie about it then maybe
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for widely known‚ Ben & Jerry’s ice cream. The founders‚ Ben Cohan and Jerry Greenfield‚ began with a five dollar class and now they are currently the fifth top selling brand and known around the world. It all started in March of 1951 in one hospital where two future entrepreneurs would emerge. Jerry Greenfield was born on March 14‚ 1951. Some may call it just a coincidence‚ while others may call it fate‚ but four days later Ben Cohan was born on March 18‚ 1951. Ben and Jerry both being born and
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Ms. Jerry Wyatt is a 21 year old white female with a high school education who completed a measure of career and occupational possibilities based off her interests and previous job experiences (Self-Directed Search).The Self-Directed Search (SDS) was administered to Jerry due to the client’s expressed interest in learning more regarding what careers and jobs she might enjoy. She had been looking for a new job for a few months and this assessment could provide Jerry with more choices to be considered
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The lecture last night discussed accrual accounting concepts such as timing issues‚ and the basics of adjusting entries. The discussion went into more detail on periodicity assumption and how accounting divides the economic life of a business into artificial time periods. These time periods are generally a month‚ a quarter‚ or a year‚ now whether it is a fiscal year or a calendar year that is determined by the company itself. The lecture then reviews the revenue recognition principle which expects
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