Case 6-4 1. All three methods do affect the net income - Deducted Purchased Goods: Will affect the cost of the good by decreasing it‚ which will affect the net income in the period the product is sold. - Other Income: Net Income would be higher than the other methods. - Not taken discount as expense: Cost of goods sold will be lower as discount will be counted‚ however it will decrease net income while being an expense. Overall‚ the cost of goods sold will be affected‚ therefore gross margin
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Case 4: Massengill’s Department Store Massengill’s Department Store had been a fixture in small and mid-sized cities across the Southeast for 75 years. But for the past couple of decades‚ the Atlanta-based chain had been slowly going downhill. Once a cutting-edge retailer‚ Massengill’s had come to be known primarily for its dilapidated stores and dowdy-looking clothes. Everyone knew the chain was on the verge of bankruptcy. But that was before Marv Heimler. Heimler had been lured away from his job
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Are Kids Harmed By the Mall? Kids in American today spend much time in malls according to Kowinski’s article. Kowinski thinks malls have a bad influence on American kids because kids waste too much time in the malls doing unproductive activities. I agree with Kowinski that kids are harmed by the mall because it limits free thinking on different sets of values‚ opportunity to succeed‚ and learning from adults. Malls have negative influences on American teenagers because malls preprogram kids
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MBA 540 – Managerial Economics May 18‚ 2014 Table of Contents Determinants of Demand 3 Inelastic Demand 3 Misperception Theory 3 Recommendations 3 References 4 Determinants of Demand Elasticity There are a few determinants of the elasticity of demand‚ one being the availability for substitutes. From the case‚ the data that was provided for previous studies of student’s application to colleges‚ projects an upward sloping demand curve. Students have many choices when choosing
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Case 4: High Acres Landfill To have an effective design‚ the organization or the company must generate an excellent idea that have undergone a feasibility study to ensure the functionality of the product or service. If the company is able to match what attributes consumers are looking for‚ and that the said attributes surely give satisfaction and delightful feeling to the consumers‚ then we can say that the product or service being offered by the organization or the company holds a distinctive competency
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The editorial “Bikies threat to public” that was published on the 7th of March in the Herald Sun shows a serious concern about bikies and their so called “wars”. It states that they (The bikies) should be taken seriously because they are a lot more powerful than the police think they are. The piece mostly uses connotation‚ attack and an appeal to safety and they make the public feel like they have to join in the “fight against bikies”. The audience thinks that they are crimaanls because of photo
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Running Head: Case Study #4 Case Study #4 Initial Thread Jean S. Hamby BUSI 561 Liberty University Introduction Betty Wilson has decided to open a coffee shop and is considering various options including franchising‚ sole proprietorship‚ joint venture‚ corporation and partnership. In addition to determining the best legal entity to form‚ Betty has to decide if she will employ or partner with various friends and family members. Finally‚ she plans to name the coffee shop The Gathering
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Sasha McEldowney 10/23/14 Video Case 3 1. How does Toyota’s approach to social responsibility relate to the three concepts of social responsibility described in the text (profit responsibility‚ stakeholder responsibility‚ and societal responsibility)? Profit responsibility- competitive forces‚ and economic forces. Stakeholder responsibility- regulatory forces. Societal responsibility- social forces. 2. How does Toyota’s view of sustainable mobility contribute to the company’s overall mission
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I was born in Uttaradit but I grew up in Bangkok that make me didn’t know about Uttaradit not much because I moved to Phitsanulok when I was 3 years old and lived here ever since. I go to Bangkok to visit my grandparent every end of semester that makes me know about Bangkok as well as Phitsanulok. In my opinion‚ Phitsanulok and Bangkok have similar point as a center for the commercial and economical and different point as a natural tourist attraction. Bangkok or "Krungthep" in Thai‚ is the capital
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You can grow your Intelligence The article “You can grow your Intelligence” by Larry Ferlazzo helps the reader to understand the facts about intelligence and how it can be attained by practice. There is a misconception that leads people to believe that intelligence is inherent. Scientists have discovered that the brain can be improved by certain methods. The brain is capable of getting stronger if exercised frequently. The brains processing capacity increases the more it is being used. A body
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