total market value for each item 5. Compare recorded cost of each inventory item with its replacement cost. List lower of cost or market. 6. Adjust inventory downward when market is less than cost. Physical flow and Cost flow of goods -Perishable items must have an actual physical flow of FIFO -Physical flow is focused on the actual movement of goods -Cost flow is an assumption about which goods/items are sold. -A business may adopt any cost flow assumption when accounting for perishable items. Determine
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customer loyalty‚ and perhaps most importantly‚ human capital. These intangible assets are likely to provide tremendous earnings growth in the future which determines the company’s market value. Notice also that the company’s choice of conservative accounting policies has the effect of depressing the company’s book value of equity. 2. What effect did Microsoft’s software capitalization policy have on its financial statements? Ignore any potential tax effects. a. Assume that 60% of Microsoft’s
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9.4 Business Ethics Loren Vranich‚ a doctor practicing under the corporate name Family Health Care‚ P.C.‚ entered into a written employment contract to hire Dennis Winkel. The contract provided for an annual salary‚ insurance benefits‚ and other employment benefits. Another doctor‚ Dr. Quan‚ also practiced with Dr. Vranich. About nine months later‚ when Dr. Quan left the practice‚ Vranich and Winkel entered into an oral modification of their written contract whereby Winkel was to receive a higher
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Chapter 5 REVIEW QUESTIONS 1. How did the described volcanoes in Iceland and the Philippines change the environment to lesser or greater extents? 2. Name and describe the attributes of the two categories into which all organisms can be divided based on how they obtain nutrition. All organisms can be divided into autothrops‚ which produce their own food‚ and heterothrops‚ which need to get their food from somewhere else. 3. Name and describe the roles of the three main trophic categories that make
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Chapter 5 Summary Perceptual Development Fayetteville State University PSYC 331-02 Dr. Chris Ike By: Myiesha Melvin March 2‚ 2015 According to our textbook‚ the study of perceptual development has been significant because it has been a key battleground in the dispute about nature versus nurture- though theorists who study perceptual development refer instead to the contrast between nativism and empiricism. Nativism is the view that most perceptual abilities are inborn. Empiricism argues that
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Language: Chapter 5‚ Key Issue 1 Where Are English-Language Speakers Distributed? Rubenstein‚ pp. 137-143. ______________________________________________________________________________________ ● ORIGIN AND DIFFUSION OF ENGLISH 1. How did English become to widely diffused? 2. What three European peoples originally came together to form the English people and English language? 3. Where did these people come from? 4. What two subsequent invasions added additional words to the evolving English language
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Chapter 5: Internal Scanning: Organizational Analysis 5.1 A Resource-Based Approach to Organizational Analysis Analysts must also look within the corporation itself to identify internal strategic factors—critical strengths and weaknesses that are likely to determine whether a firm will be able to take advantages of opportunities while avoiding threats Core and Distinctive Competencies Types of resources Tangible Assets- plant‚ equipment‚ finances‚ and location Human Assets- number of
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BRIEF EXERCISES Brief Exercise 4–1 PACIFIC SCIENTIFIC CORPORATION Income Statement For the Year Ended December 31‚ 2013 ($ in millions) Revenues and gains: Sales .................................................................. Gain on sale of investments ............................. Total revenues and gains .............................. $2‚106 45 2‚151 Expenses and losses: Cost of goods sold ............................................ Selling..............................................
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CHAPTER 5 CONCLUSION AND RECOMMENDATION 5.1 Introduction This chapter will conclude the result of this experiment‚ whether it has fulfill its objective and the recommendation for future research to get better efficiency in yield of FAME by manipulating the concentration and weight percent of the active metal. 36 5.2 Conclusion In this research‚ the objective are to determine the effect of concentration of KOH to yield of FAME and also to determine the effect of KOH weight percent as loading
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ASSIGNMENT- 2 1. Identify an unjust [or seemingly unjust] international corporate practice that has made news in regards to your country. Ans.:- After doing through research on the Cuba’s history and trade relations. The Identified unjust by the international corporate practice is the US’s exploitations and interventions in the Cuba’ affair even they represent the republic nation. In 1959‚ US officially recognized the New Cuban government lead by Fidel de Castro overthrowing the Batista government
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