Chapter 4 accounting for merchandising BUSINESSES Problems P4–1 1. AQUA CO. Income Statement For the Year Ended June 30‚ 20Y8 Revenue from sales: Sales $ 3‚625‚000 Less: Sales returns and allowances $ 37‚800 Sales discounts 20‚200 58‚000 Net sales $ 3‚567‚000 Cost of merchandise sold 2‚175‚000 Gross profit $ 1‚392‚000 Operating expenses: Selling expenses: Sales salaries expense $ 388‚800 Advertising expense 45‚900 Depreciation expense—store equipment 8‚300
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sales and have the ability to finance employees who are more suitable for the job. As the public view social goals with great significance‚ businesses can continue to uphold a beneficial public image by chasing public goals. Better environment: if a business is to help out the society in which it operates in times of need‚ this would assist in maintaining or creating a better quality of life which‚ in turn‚ would appeal to skilled workers. Long run profit: due to having an effective relationship with
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Assignment Brief Unit Number and Title Unit 1: The business environment Qualification BTEC National Subsidiary Diploma Start Date 17th September 2012 Deadline 1st October 2012 Assignment Title Business purpose and ownership Unit content In this unit you will understand - the range of different businesses & their ownership; how businesses are organised to achieve their purposes; the impact of the economic environment and how political‚ legal and social factors impact businesses
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(when it is realized or realizable‚ when it is earned) Revenue Recognition at point of sale: (1) Sales with Discounts (2) Sales with Right of Return: Three alternative revenue recognition methods‚ and recognize revenue only if all of six condition (3) Sales with buybacks (4) Bill and Hold Sales: buyer is not yet ready to take delivery but does take title and accept billing. Revenue is reported at the time title passes if (a) the risks of ownership have passed; (b) the buyer makes a fixed commitment
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P5- Explain how these functional areas are linked in one of these organisations Functional areas are used in many businesses and are very effective as different areas work together to do or produce one thing. Tesco is a multinational company and also have functional areas such as: Human rescores Customer service Administration and support Research and development Finance and department Product operation Each one of these areas have a role to do in all functional areas but every
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understanding) 3. PHYSIOTHERAPIST May work with pupils outside of school but can be asked to attend meetings and discussions to support pupil progress. 4. SPECIALIAST TEACHERS Offer advice and support to pupils with various needs some of which can include – behavioural problems‚ social and communication needs (such as autism) and English as an additional language. 5. SCHOOL IMPROVEMENT PARTNER Comes into school to offer advice and support the Head Teacher‚ 3 to 5 days of the year
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Title of Award Customer Service Level 2 Apprenticeship Learner Name Date of Observation Location Assessor Name Jane 21/08/12 BHive Stylists Ruth Workplace Observation Report Cross Referencing I met with Jane who works as a hair stylist in a small chain of hairdressers. Jane was dressed smartly and professionally in her company uniform with name badge as is required of all employees. Jane greeted her first customer of the day politely. She checked her customer against the appointment diary and
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In a report you need to evaluate the effectiveness of the use of the techniques in marketing products in this business. How effective is it? Technique Effectiveness Relationship It is very important for Apple to have a good relationship with their customers because loyalty will greatly increase their profit. The good relationship Apple keeps with its customers through great customer service and good deals ensures that customers will keep coming back to buy more products. If their customers are
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an Eportfolio (eBook / ePresentation) what will be used for a time capsule. The intensions is to educate and provide an insight to a generation (audience) 100 years from now‚ about what ICT technologies were available and how they were utilised… 3. Technologies currently used and what is the purpose Briefly introduce the different forms of technologies used currently (Internet‚ e-mail‚ mobile‚ online services‚ etc…). Also discuss what/why they are used… 4. Identify the sections you will present
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Wednesday 06/02/13 * Went into Tesco in Coulby Newham asked if they had any jobs was told they didn’t but to hand in a CV so I did. * Went into Poundland in Coulby Newham asked if they had any jobs was told they didn’t but gave them a CV in case any come up. * Went onto the universal jobmatch registered and uploaded my CV. Searched for jobs and emailed northern.recruitment@uk.g4s.com regarding ref 14533. * Looked in the gazette and applied online for a job with DFS as a Sales Person
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