sales forecast ought to be based on clearly stated assumptions about future economic conditions. Next‚ they should prepare pro forma financial statements by either assuming that the key items vary proportionately with sales or remain constant (as the case may be). Based on their asset utilization rate‚ they would be able to determine the asset requirements for growth. Some of the funds required to finance growth would be raised from spontaneous sources such as accounts payables and accruals and from
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CASES Real World Case 5-1 Requirement 1 A bill and hold strategy accelerates the recognition of revenue. In this case‚ sales that would normally have occurred in 1998 were recorded in 1997. Assuming a positive gross profit on these sales‚ earnings in 1997 is inflated. Requirement 2 A customer would probably not be expected to pay for goods purchased using this bill and hold strategy until the goods were actually received. Receivables would therefore increase. Requirement 3 Sales that would
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What should the controller of Lexsteel do in order to address the potential problems within the corporation? • The controller became aware of the potential problems with the accounts payable system because of the discussion made with the external auditors. • Each branch manager is given the authority to order materials and issue emergency purchase orders directly to the vendors. • Physical counts of raw materials are not performed since there is a cost-effective computerized perpetual inventory
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1. Explain how the Voice of the Employee supports improved internal processes (Voice of the Business)‚ and how the Voice of the Business supports customer satisfaction (Voice of the Customer). Voice of the Employee centers on creating and maintaining a workplace that is safe and secure in due to issues of violence and employee relations. Given the opportunity‚ employees have the chance to give their opinion and suggestions to improve the current work environment without the fear of retaliation and
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Boiling Point Elevation 4-4 Boiling Point Elevation If you dissolve a substance such as ordinary table salt (NaCl) in water‚ the boiling point of the water will increase relative to the boiling point of the pure water. In this assignment‚ you will dissolve a sample of NaCl in water and then measure the boiling point elevation for the solution. 1. Start Virtual ChemLab and select Boiling Point Elevation from the list of assignments. The lab will open in the Calorimetry laboratory with a calorimeter
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4.05 Uncle Sams toolbox FEMA Federal Emergency Management Agency What is the history of FEMA? April 1‚ 1979‚ President Jimmy Carter signed the executive order that created the Federal Emergency Management Agency (FEMA) in order to coordinate responses to disasters in the U.S. at a faster rate than local and state authority could. To this day‚ FEMA is fully committed to helping areas in disaster crises. Who benefits from FEMA and how? Disaster victims benefit from FEMA because the program provides
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Part A: Reflection Step 1: Compare your first draft and your final draft. Step 2: Select the paragraph with the most revisions and edits between the first and final drafts. Step 3: Follow the instructions in the boxes below. Box 1 Copy and paste the paragraph you selected in Step 2 from your first draft. Furthermore you dont think that people getting literally addicted to sugar like its morphine or heroin is a bad thing then you obviously have biast oppinion on the subject. The approach that is
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Elisabeta Kocsis Human Resources Consultant 03/31/2015 Case 5 Marilyn Gonzales Vice President for Human Resources Tanglewood Inc. Ms. Gonzales‚ I write you in regards of your request to present a report on the discrimination charges of disparate impact brought to our attention by one of our employees‚ Stanley Root‚ represented by the law firm of Eaglette-Schubert LLC. Stanley Root contacted the law firm‚ claiming that he was repeatedly passed over for promotion opportunities despite positive
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Brian Foersch 03/26/15 4.4 - Answer Aristotle Book 1 and 2 Study Questions Hannah Hornung 1. List and briefly describe Aristotle’s three species of rhetoric. (34 points) Deliberative takes place in the assembly. The speaker either advises the audience to do something or warns against something. The audience needs to judge things that are going to happen if they will be good or bad. Judicial is a speech that takes place in front of a court. The speaker either accuses or defends himself or another
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Let’s take an average page fault service time of 25 ms and a memory access time of 100 ns‚ then the effective access time in ns is effective access time = (1-p)*(100) +p(25 ms) =(1-p)*100+p*25‚000‚000) =100+24‚999‚900*p We saw effective access time is directly proportional to the page fault rate . suppose one access out of 1‚000 cause a page fault‚ effective access time is 25 ms the computer might be slow down by a factor of 250 because of demand paging. Suppose we want less than 10 % degradation
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