Scenario: Grocery‚ Inc. is a retail grocery store chain based in Any State; U.S.A. Grocery has stores throughout the United States. Grocery has written contracts with many different vendors to purchase the products they sell in their stores. Vendors range from individuals to international corporations. Tom Green works as the produce manager for the store in My Town‚ U.S.A. Jeff Fresh‚ 17 years old‚ is spending his summer vacation working for Tom in the produce department. Assignment: Using the scenario
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RUN‚ INC. Case 1) What are the practical differences in the accounting for a change in estimate and a correction of an error? Why might managements prefer one approach to another? What pictures do the two accounting presentations paint for readers outside the company? A change in estimate is a normal and ongoing process of a company. It usually arises from the appearance of new information that alters the current situation. Accounting for a change in estimate is treated prospectively. Companies
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EC410 Harold Elder Ziwei Chen 02.20.2017 Quality Inns Intl.‚ Inc. v. McDonald’s Corp Quality Inns International Inc. and McDonald’s Corp brought a trademark infringement‚ or rather a trademark dilution for using the prefix “Mc”‚ in Federal District Court for Court in Maryland‚ at the original jurisdiction level‚ on September 24‚ 1988. “Modern trademark law in the United States stems from the Federal Trademark Act of 1946‚ commonly called the Lanham Act.” (Cooter & Ulen) It is discussed in Chapter
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partnership exist? a. Is there a business? i. Yes. S1(b)‚ Hope v Barthrust City Council (1980) 144 CLR 1‚ implied that a business is a commercial activity which has repetition & continuity. The judge held that “a business is a commercial enterprise which is a going concern engaged for the purpose of profit on a continuous & repetitive basis”. b. The business must be carried on i. This again involves continuity and repetition. The case had mentioned that the restaurant would run from a leased premise
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Allen v. Totes/Isotoner Corporation. 123 Ohio St.3d 216‚ 2009-Ohio-4231 Facts of the Case: LaNisa Allen appealed the original judgment in favor of Totes/Isotoner Corporation on the issue of whether the Ohio Fair Employment Practices Act‚ as amended by the Pregnancy Discrimination Act‚ prohibits an employer from discriminating against a female employee because of or on the basis of lactation. Relevant law associated includes whether Allen established a prima facie case of “sex discrimination on
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District Writing #1 Have you ever wondered about what flaws the person you admire have had ? Well I believe that we will benefit from learning about the flaws of the people we admire and respect. This shows that everyone isnt perfect and that even the people that you find amazing isnt that great after all. Everyone is alike and have there flaws at some point of times. Seeing this gives you the sense that everyone is human and make mistakes‚ have there days‚ and everyone is equal. So as a conclusion
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aggregate wealth-creating capacity may be greater. [Because EVA‚ like ROCE‚ is also usually based on a "snapshot" or short time series of data.]•Is it valid to mix accounting and market measures as EVA does?Q3. Calculate EVA and MVA from Outsource Inc and whether it could be used as an incentive system for its employees. Ans: Operating Current Assets (OCA)= Current Assets - Short term investments= 438‚685 - 61‚047= $ 377‚638Operating Current Liabilities(OCL) = Current liabilities- Notes payable=
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Merck & Co.‚ Inc. Case If one hold a key to resolve a very serious problem‚ one has a responsibility to put an effort to make it happen‚ at least try one’s best. In this case‚ river blindness disease was a very serious problem‚ and Dr. Vagelos was the one who could make a decision as to whether the research and development of a human version of ivermectin should be carried on‚ then it was his responsibility to pursue it. Caused by a parasitic worm carried by a tiny black fly‚ the disease
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Prime Minister Lee Kuan Yew laid a foundation that circled around the importance of education‚ strong work-ethic and discipline. This focus was highlighted in three main pillars of efficient government‚ economic stability and a strong workforce in this case. Efficient Government – Having an efficient government not only made Singapore attractive to foreign investments but it also ensured Singapore was adaptable and able to build the infrastructure and institutions required for a healthy economy. The
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Assignment( 1 ) Sustainability schools project Braah al-trawneh Shelburne Farms’ Sustainable Schools Project is a dynamic model for school improvement and civic engagement designed to help schools use sustainability as an integrating context for curriculum‚ community partnerships‚ and campus practices. Educating for Sustainability is learning that links knowledge‚ inquiry
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