| Issues 1. a. What would you tell Bates concerning her accounting needs‚ emphasizing the uses of the accounting information for all stakeholders within and without the business? 2. a. The boatyard operates how many businesses? b. What are the accounting information needs for managing these businesses? Facts Sarah Bates a returning Navy civilian decides to buy a business with the money she has saved along all this time. Bates buys a small boatyard in a town on the
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MANAGEMENT ACCOUNTING BATES COURTYARD Brief Summary After several years in Navy and upon returning to civilian life‚ Sarah Bates sought for a small business. He then finally located a small boatyard for sale in a town on the coast of Maine. Since business was somewhat larger than she could finance alone‚ she had borrowed the additional funds required and mortgage the property as security. Bates realized the need for adequate accounting records to manage the business successfully. She
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Bates Boatyard Comparative Analysis of Financial Reports Prepared by Yang Yu Jianyang Zhang For Professor C.E. Reese in partial fulfillment for the requirements for ACC 770 – Managerial Accounting School of Business / Graduate Studies St. Thomas University Miami Gardens‚ Fla. Term A7 / Fall‚ 2014 November 12‚ 2014 Table of Contents Issue 3 Facts 3 Analysis 4-6 Conclusion 7-9 Issue 1. A. What would you tell Bates concerning her accounting needs‚ emphasizing the uses
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In this particular November 2016 case‚ two weeks’ worth of labor pounded into four‚ 24-hour days. Along with an unlikely team of feisty mothers‚ children‚ grandmothers and a group of all-around “good guys” ranging from age 60 to 10 years old‚ the Bates Brothers led the charge to change and save a family’s life with one of their “crete” houses. 43 percent of Navajos subsist below the federal
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Marketing Management Bates Manor Furniture Summary Recently BatesManor Furniture merged with Lea Meadows and was faced with the decision with the economic sense of merging the sales efforts of the two companies. Lea Meadows employs sales agents to represent their upholstered products and BatesManor has its own sales force; Does the company give the new acquired line to existed sales force or continue to use the sales agents? Each company leader desires to leave the sales responsibility to their
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1.) Currently Teletech Corporation uses 9.30% as their hurdle rate and satisfied with the intellectual relevance of a hurdle rate as an expression of the opportunity cost of money by the managers. As a result the firm’s share prices are inactive. Their price-to-earnings ratio is also below investor’s expectation in comparison to the company’s risk. The relationship between risk and return is important to take into consideration. The constant hurdle rate results in a flat line and doesn’t correlate
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1. Brief summary of the case Ben Bates‚ 28 years old‚ graduated from college six years ago with a finance undergraduate degree. He is now working at the financial management company of Dewey and Louis. He expects to work for 38 years later. His goal is to become an investment banker. And he feels that an MBA degree would allow him to achieve this goal. After examining schools‚ he has narrowed his choice to either Wilton University or Mount Perry College. - The Ritter College of Business is under
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Norman Bates: Two Lives Within A Soul Sigmund Freud ’s Psychoanalytic Theory of Personality Development states that there is a structural model of the psyche‚ which splits the human identity into three instances of Ego‚ Superego‚ and ID. In Psychoanalytic Stage of Development‚ there are five stages: Oral‚ Anal‚ Phallic‚ Latency‚ and Genital. Even though Sigmund Freud never was writing about the movie _Psycho_‚ theories of Freud‚ have a great connection with the personality of Norman Bates. According
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BEN BATES MBA | Working | Wilton | Mount Perry | Annual Salary | 55‚000 | 98‚000 | 81‚000 | Expected increase | 3% | 4% | 3.50% | Work (years) | 38 | 36 | 37 | Tax rates | 26% | 31% | 29% | Annual tuition | | $63‚000 | $80‚000 | Books and other supplies (annual) | | $2‚500 | 3‚500 | Programs (year) | | 2 | 1 | Signing bonus | | 15‚000 | 10‚000 | Health insurance (annual) | | $3‚000 | 3‚000 | Room and board (annual) | | $20‚000 | $20‚000 | 1. How does Ben’s age
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QUESTIONS 1. How does Ben’s age affect his decision to get an MBA? Age is definitely a huge factor in his decision to get an MBA. The younger the individual‚ the more opportunity for salary increases which in turn‚ the quick he can recover his costs of returning for an MBA. These costs include the opportunity cost of lost income in pursuing his MBA as well as the cost of the tuition itself. 2. What other‚ perhaps nonquantifiable‚ factors affect Ben’s decision to get an MBA? The location of
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