EXERCISES AND PROBLEMS ch 1 Carry Yoki’s Lounge consists of the following. Carry‚ the owner believed that people would come to hear a band play on Friday‚ Saturday‚ and Sunday evening. During the remainder of the week‚ she believed her customers would watch sporting events on several television sets located throughout the lounge. Carry employed two bartenders‚ three servers‚ two assistant servers‚ two cooks‚ one dishwasher and a clean-up person. She had a bar‚ 15 barstools‚ 4 tables‚ 40 chairs
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1、(1) What are the primary line items within Citigroup’s balance sheet and income statement? Balance Sheet Asset Cash and due from banks Deposits with banks Federal funds sold and securities borrowed or purchased under agreements to resell Trading account assets Investments Total loans‚ net Liability Total deposits Short-term borrowings Long-term debt Equity Common stock Additional paid-in capital Retained earnings Income Statement Income Total revenue Total provisions Total
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explanation of Balance Sheet‚ which can be characterized as"A proclamation of an organization’s benefits‚ liabilities and stockholder value at a given stretch of time‚ it the asset report is a record of what the organization own and what is owe. the benefit in one side and liabilities and value on the other side. Asset = Liabilities + Equity.
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Coca Cola Company Balance sheet As at Dec 31‚ 2012 (millions) Assets Current Assets Cash 8‚442 Short-term Investments and Marketable Securities 8‚109 Inventories 3‚264 Prepaid Expenses 2‚781 Other Current Assets
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Jeronimo Martins Group’s Consolidated Balance Sheet as of 31 December 2011 and 31 December 2010‚ has been analyzed respectively the correspondents values‚ structure and relevant changes for assets and Liabilities & Shareholder’s Equity with following conclusions: I. The main assets of Jeronimo Martins Group are noncurrent (about 75%) concentrated mostly in tangible assets (about 50%) followed for the intangible assets (about 18%); II. The current assets are mostly inventories and cash or cash equivalent;
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Analysis of balance sheet and profit and loss account The whole industry that we have developed considers three companies. Confidence‚ Lafarge surma and the other one is Heidelberg cement. Considering the four year balance sheet and income statement we have got the account for the whole industry. In the horizontal and vertical analysis of the balance sheet we can get the picture of the overall industry. The company Heidelberg cement is increasing its Current Asset account not in terms of receivables
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CHAPTER 2 – Investing and Financing Decisions and the Balance Sheet I. THE OBJECTIVE OF FINANCIAL REPORTING‚ THE ELEMENTS OF THE BALANCE SHEET‚ AND THE RELATED KEY ACCOUNTING ASSUMPTIONS AND PRINCIPLES. A. Primary objective of financial reporting 1. To provide useful economic information about a business to help investors and creditors make good financial decisions. a. Decision makers are expected to have a reasonable understanding of accounting concepts and procedures
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she named Cain. Soon after‚ she has a second son‚ Abel. Even so‚ there is imminent trouble lingering for the boys. Cain grows up to be farmer‚ while Abel becomes a shepherd. Both of the sons frequently hand up offerings to their lord; Cain giving crops and Abel giving livestock. God however favors Abel’s offerings over Cain’s offerings. “So Cain was very angry and his countenance fell.” (Genesis 4:5) God observes Cain’s envy and forewarns him to not act upon the emotions he is feeling; Cain inconsiderately
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The Story of Cain and Abel (Gen 4: 1-16) Then Adam had intercourse with his wife Eve‚ and Eve became pregnant. She bore a son and said “By the Lord’s Help I have gotten a son.” So she named him Cain‚ later she gave birth to another son‚ Abel. Abel became a shepherd‚ but Cain grew up to be a Farmer. After some time Cain brought some of his harvest to the Lord and gave it as an offering to the Lord. Then Abel brought the first Lamb born to one of his Sheep‚ killed it‚ and gave the best parts of
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In the Quiet book Cain‚ main focus is about personality and describe that you can be introverted or extroverted and have a great personality Thesis (topic‚ 3 points & argument) “One quality that adds contribution and Complication in genetic in life” Our genetic in personality creates varieties so that some people are born introverts while others are born extroverts. Caim explained the genetics of personality‚ Grant told Cain about a winning commander in the USA Force. One rank below general
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