Current assets Inventories The difference between net income and profits adjusted for current cost of supply comes down to the way inventories are accounted for. The net income figure is calculated according to IFRS standards in Europe which demand ‘first-in first-out’ (FIFO) methodology for accounting inventory. Most US companies however produce based on ‘last-in first-out’ (LIFO) accounting. Shell’s current cost of supply (CCS)‚ however‚ are neither FIFO nor LIFO compliant. This means
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My weakness as a writer is that English is not my first language‚ therefore writing is difficult for me. For example‚ I make grammar mistakes‚ my vocabulary is not that strong and sometime I take too much time to brainstorm. Also‚ sometime it is hard for me to come up with ideas. However‚ I always re-check my grammar and I also use thesaurus to improve my writing. To me‚ I think my strengths as a writer is that I work hard to improve my rough draft and I also give myself enough time to finish my
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your current inventory levels‚ but also generate future demand forecasts. This is because an inventory shortage can cause the company to lose future profits and lost goodwill. In the case of Reebok‚ the former NFL licensed jersey producer‚ many key decisions must be made to reduce inventory costs in periods of low demand while maximizing profits in periods of high demand for player specific jerseys. Using the newsvendor model to determine the optimal order quantity and leftover inventory‚ we will present
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The Strength of a Mother Some of the smallest words have more meaning in them than the bigger ones. There is a six letter word that holds so much meaning I don’t ever think it will completely be defined‚ this word is mother. When you think of a mother I am sure a lot of different things come to your mind such as strength‚ love‚ care‚ compassion‚ forgiveness‚ protection‚ and many more. Omar Burleson said this “A mother is a blend of strength and survivorship‚ experience and insight‚ fancy and reflection
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products as well as computer accessories. The transaction and inventory of this company is currently using a traditional system which is manual. And when it comes to their sales transaction‚ the log book is the only record that represents the whole transaction. They did not provide any database. They depend only on the names of items written on their log book. Statement of the Problems This study intends to create Customized sales and inventory system; specifically it will seek to answer the following
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NOTRE DAME UNIVESITY SHOUF CAMPUS Research about: EGOISM NATURALISM UTILITARIANISM Presented to: Dr. Charbel Orfali Done by: Firas hamadeh Semester: Spring 2012 Egoism Egoism can be a descriptive or a normative position. Psychological egoism‚ the most famous descriptive position‚ claims that each person has but one ultimate aim: her own welfare. Normative forms of egoism make claims about what one ought to do‚ rather than describe what one does do. Ethical egoism claims that
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Mechanics. Even though they have a point of sale they don’t have a computerized system when it comes to their inventory. The proposed system‚ are efficient in tracking the movement of the inventory‚ secure all the data from any possibilities to misplace it and providing reliable reports that are easy to generate and understand It will help the company to manage the business in terms of inventory management system. The importance of Information Technology in this project is well known. Information
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Find the greatness and weakness in ads In the 2012 Nike “Find your greatness” ad‚ they use what Donna Woolfolk Cross calls “Glittering generalities” and “Plain Folks Appeal”. The ad was released during the time of 2012 London Olympic Games‚ it has drawn tons of attention from the audiences and social medias. Nike’s “Find Your Greatness” campaign carries a powerful motivational message that inspires people to achieve their own moment of greatness in life. It is not a commercial vulgar ad
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The Strength of Sparta The strength of a state depends on the amount of glory within. Every man needs to be courageous in order for the whole to thrive. If an army is successful‚ it’s because each warrior had courage. In Sparta‚ if everyone didn’t excel at the same level‚ there wouldn’t be excellence as a whole. The amount of courage that a hoplite exhibited also showed how strong the state was. The state was above the self. Education is one form of building up the people to be stronger
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Strengths and Weaknesses I find writing a very neutral subject because I am not terrible nor excellent at it. I have always written enough for it to be satisfactory. Therefore‚ I believe that one of my strengths as a writer is being able to understand what I have to write about and knowing what I want to say. I question myself every step of the way‚ asking myself “ Is what I am writing‚ answering the topic that I am addressing?” However‚ with that said‚ I believe that my weakness lies in
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