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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MEMO Subject: Solution to Case 04-4‚ Three Little Pigs Inc. Accounting Issue: Three Little Pigs Inc. inventory consists of livestock held for sale‚ developed‚ and processed (both internal and external). On September 30‚ 2002‚ the company states that even though market prices fell below the cost‚ Three Little Pigs Inc. is unwilling to accept impairment on their inventory due to increase revenue believed to be made up in the fourth quarter which will cover all losses from the decline. Secondly
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do you define a good education? In “The Education of Little Tree” by Forrest Carter‚ it may be said that the title character‚ Little Tree‚ is not getting a good education because he does not attend school. Neither of his grandparents‚ with whom he lives‚ have a formal education; the only academic lessons he receives encompass learning 5 dictionary words per week and occasionally practicing basic arithmetic. However‚ it can be argued that Little Tree is in fact receiving the best education possible
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Childhood: the most delicate period of our lives. Taylor Shaw 5/4/2012 Childhood is a crucial time in a person’s life and it needs to be kept innocent and pure for the child’s well-being later in life. The most important recurring theme in the novel Lullabies for Little Criminals by Heather O’Neill is the loss of innocence at a young age and the profound complications later in life. The complete loss of innocence is built-up with multiple different experiences over time. For Baby‚ these
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The articles “Just a Little Princess” by Peggy Orenstein and “Return of the Brainless Hussies” by Rebecca Traister are about as “bra-burning” as they get. Both women are feminist and aren’t afraid to show it. While Orenstein discusses the “princess” fad that is consuming the younger girls of America and why the fad an abomination‚ Traister explains the phenomena of stupidity that has swept America’s Pop Icons such as Paris Hilton‚ Lindsay Lohan‚ and Jessica Simpson. “Brainless Hussies” is more convincing
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The Muppet Show is absolutely one of the most entertaining and most reliably engaging TV programs ever communicated. Indeed‚ even a quarter century later‚ Jim Henson’s virtuoso and mankind radiate through. Introduced from the stage‚ backstage and notwithstanding changing areas of the Muppet Theater‚ the Muppet Show highlighted a general organization of entertainers who might endeavor to give a theatrical presentation the chances stacked immovably against them. At its focal point all was Kermit the
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The book‚ “Ten Little Indians”‚ by author Sherman Alexie‚ is a collection of fictional short stories that are all fascinating and enthralling. All the characters in this book are full of depth‚ but there are two that stand out to me. One of those characters is William from the story‚ “Flight Patterns”‚ and the other is the character David from the story‚ “Do You Know Where I Am”. I find both these characters as very 3-dimensional and interesting. They both have their good and bad traits‚ they both
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dresses for 5 year old’s start around 300 dollars. Boy shirts start at $140 and man’s at $170. To him its not about the price but the material and the process the clothes are made. Even though his wife might disagree on spending that much on children clothes he states “ I know how much nice clothes cost to make‚ especially if they are being made by hand‚ and not in a factory‚ and in England‚ and not in China.” To him spending that much is okay because its worth it. They last for years and could be handed
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P5 - explain two examples of multi-disciplinary working in the health sector P6 – Explain two examples of multi-disciplinary working in health service provision A multidisciplinary team (MDT) is composed of members of staff from different healthcare professionals with specialised skills and expertise. The members collaborate together to make treatment recommendations that facilitate quality patient care‚ they respond and act fast together to clients who require help from more than one kind of
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now we live in a time where television shows are integrated‚ it was not always like this. Up until 1969 television sitcoms were segregated and shows with Black actors were non-existent. When shows came out and they included Black men and women‚ both genders were portrayed as stereotypes society had for them and unfortunately this still occurs today. The characters in past shows had the stereotypes of the Jezebel‚ Sapphire‚ Sambo and Uncle Tom and in today’s shows they still portray these stereotypes
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