balance sheet at replacement cost when it is less than cost. 4. Inventory turnover (3.79) = Cost of goods sold ($750‚000) ÷ Average inventory ($188‚000 + $208‚000)÷ 2 5. Average days to sell inventory (96.3) = 365 days ÷ Inventory turnover (3.79) 6. Average days to sell inventory (96.3) = 365 days ÷ Inventory turnover (3.79) 7. LIFO cost of goods sold ($22.2 billion) = FIFO cost of goods sold ($22 billion) + the increase in LIFO reserve ($0.2 billion) 8. An overstatement of ending inventory overstates
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The Mayan were overgrown with ruins. The main temple in Chichen Itza is one of the most known and famous ruins. There are 365 steps in all‚ 91 on each side and one on the top‚ each step represents one day of the year. This temple was for the god Kuku Kan. The Kuku Kan was a god in the form of a bird. It is said that when a person claps on the east side of the temple‚ the noise
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Taras Malsky MT.1102 AB Dr.S.Washburn Egyptian Math The use of organized mathematics in Egypt has been dated back to the third millennium BC. Egyptian mathematics was dominated by arithmetic‚ with an emphasis on measurement and calculation in geometry. With their vast knowledge of geometry‚ they were able to correctly calculate the areas of triangles‚ rectangles‚ and trapezoids and the volumes of figures such as bricks‚ cylinders‚ and pyramids. They were also able to build the Great Pyramid
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campaign management‚ and many other key customer relationship matters. CRM offers a full range of software with product integration not only for Office 365 and Power BI but also Yammer‚ Lync‚ Skype and many other social conferencing systems that employees‚ customers and business partners already use. The combination of Microsoft Dynamics CRM Online‚ Office 365‚ and Power BI is now available
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Tootsie Roll Industries Ratios (pg 732) The Hershey Company Ratio Interpretation and comparison between the two companies’ ratios Earnings per Share Current Ratio Hershey had net sales close to ten times those of (4‚946‚716 (51‚625 Earnings / Tootsie Roll‚ however their outstanding shares were Earnings / 492‚753 54‚296 Outstanding also an order of magnitude greater than those of Outstanding Shares) = $0.95 Tootsie Roll. Although earnings are greater for Shares) = $0.96 Hershey‚ the
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The Microsoft Revival After struggling through the majority of the last decade‚ Microsoft seems to have got its mojo back in the last 3-4 years. Microsoft’s troubles were as much a result of its internal inadequacies as the growth of its competitors such as Google and Apple. As Microsoft struggled with innovation‚ products such as the iPad‚ iPhone and the iPod‚ charmed customers around the world. Microsoft not only failed to keep pace with these new innovations‚ it also failed to protect its dominance
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year. A typical box of sterile bandages costs $14.50 to purchase. The ordering cost is $25 each time an order is placed‚ regardless of the order quantity. There is storage space for at most 1‚500 boxes of bandages at any time. The hospital operates 365 days per year. Peace Care Hospital would like to use the EOQ model. (a) How many boxes of sterile bandages should be ordered each time an order is placed? D = 12(3‚500) = 42‚000 boxes per year S = 25 $ per order C = 2.90 $ carrying cost
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This is very common in the county in which I live. A volunteer fire department is not staffed 24 hours a day 365 days a year. Most volunteer fire departments do not have anyone at them during the day. Volunteer firefighters are issued pagers that will alert when there is a call for service. If there is a call for service‚ the volunteer’s pager will alert and
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Financial ratio analysis A reading prepared by Pamela Peterson Drake OUTLINE 1. 2. 3. 4. 5. 1. Introduction Liquidity ratios Profitability ratios and activity ratios Financial leverage ratios Shareholder ratios Introduction As a manager‚ you may want to reward employees based on their performance. How do you know how well they have done? How can you determine what departments or divisions have performed well? As a lender‚ how do decide the borrower will be able to pay back as promised? As a
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to students in English-only submersion programs (1986‚ p. 365). In addition‚ the GPA of the students increased as the number of years they were enrolled in the bilingual program increased. The results showed that students in the tenth grade who were enrolled in the bilingual program for one year had a GPA of 1.87 compared to tenth grade students who were enrolled for six years‚ who had a GPA of 2.61 (Curiel‚ Rosenthal‚ & Richek‚ 1986‚ p. 365). This study indicates that as students spend more time in
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