1. Describe clearly the accounting changes Harnischfeger made in 1984 as stated in Note 2 of its financial statements. Prior to 1984‚ the Corporation used principally accelerated methods for its U.S. operating plants. The cumulative effect of this change‚ which was applied retroactively to all assets previously subjected to accelerated depreciation‚ increased net income for 1984 by $11.0 million or $.93 per common and common equivalent share. The changes as defined in Note 2 are as follows:
Premium Balance sheet Generally Accepted Accounting Principles Income statement
filing separately. A2a. Taxable and Non-Taxable Income Spouse A’s income from his K-1 from Fan Company A is taxable income. Spouse A’s cash withdrawals are not taxable because they are accounted for on his K-1 as part of his income from the partnership. Spouse A’s income as a part time referee is taxable. Spouse B’s earnings as the controller for the electronics firm are taxable. Dividends from Company E stocks are taxable. The interest from the municipal bond is non-taxable. The losses
Premium Taxation in the United States Taxation
1. Wal-Mart’s strategy was to buy low‚ stack high‚ and sell cheap. This strategy allowed them to focus on minimizing costs and generating revenue by selling discounted items. This allowed Wal-Mart to become a leader in discounted retail generating nearly 200 billion in sales from 1988-2000. 2. His strategy of keeping costs low influenced various sectors within the company. Early on‚ Walton was extremely frugal and would do anything he can to save money. This often meant sharing hotels or walking
Premium Strategy Wage Sam Walton
Case Study 1-1 Starbucks 1) Identify the controllable and uncontrollable elements that Starbucks has encountered in entering global markets. As Starbucks enters the international market will have to deal with the experience the going pains and tensions of entering an unknown territory where the public atmosphere is going to be different. First‚ some of the controllable elements that Starbucks deals with are the 4p’s (Price‚ Place‚ Promotion‚ and Product). Starbucks ultimately has control
Premium Coffee Starbucks The New York Times
Air Bags (Lesson Plan) (Exploring the Science of Automotive Air Bags) Suggested Grade Level 8-9 Standard Statements (Pennsylvania) 3.1.10A Discriminate among the concepts of systems‚ subsystems‚ feedback‚ and control in solving technological problems. 3.1.10E Describe patterns of change in nature‚ physical and man made systems. 3.2.10B Apply the elements of scientific inquiry to solve problems. 3.2.10C Identify and apply the technological design process to solve problems
Premium Carbon dioxide Chemical reaction Sodium bicarbonate
just tedious and take forever to complete. I need to calm down and pick up my pace so that I can finish all the questions on time. Half of the questions I can do in my head while the other half I will hurry and write the equations out to get the answers. There are ten minutes left and I only did five problems‚ I’m moving way too slow to finish on time. But it’s ok because the next eight questions are really simple and I knock them out fast. The next few take a little while longer because I have to
Premium High school Education Teacher
Financial Analysis of General Motors and Ford Motor Company FNCE442 Advanced Finance (FN) Professor: Due date: June 01‚ 2009 Table of Contents Executive Summary 3 Introduction 4 Porter Five Forces Analysis Model 5 Competitive rivalry within the industry 5 Barriers to Entry 6 Threats of Substitutes and Complements 6 Bargaining Power of Customers 6 Bargaining Power of Suppliers 7 SWOT Analysis 7 GM SWOT Analysis 7 Strengths 7 Weaknesses
Premium Automotive industry General Motors
Specific Purpose: To demonstrate the time and money saving benefits of proper basic automotive preventive maintenance. Central Idea: Proper basic automotive preventive maintenance can save any driver substantial amounts of time‚ money‚ and frustration. Introduction I. “It’s a waste of energy to be angry with a man who behaves badly‚ just as it is to be angry with a car that won’t go” – Bertrand Russell (20th century philosopher and logician) II. You can’t control somebody’s attitude‚
Premium Management Lean manufacturing Toyota Production System
Lab 1‚ Exercise 1 • Based on the information in Table 2‚ what patterns do you observe? The number of fish that I observed in a body of water increases until the dissolved oxygen was at 12 ppm. After that point‚ the number of fish declines slightly. • Develop a hypothesis relating to the amount of dissolved oxygen measured in the water sample and the number of fish observed in the body of water. When the dissolved oxygen levels increase‚ the number of fish that
Premium Hypothesis Scientific method Observation
Bibliography: 1) www.ixquick.com 2) www.howstuffworks.com 3) www.google.com 4) www.msdignition.com 5) Engine Management: Optimizing Modern Fuel and Ignition Systems‚ Dave Walker. © Sept. 2001‚ MBI Distribution Services
Premium