for both a merchandising company and a service company. (b) The measurement of income is conceptually the same. In both types of companies‚ net income (or loss) results from the matching of expenses with revenues. 2. The components of revenues and expenses differ as follows: | | Merchandising | | Service | RevenuesExpenses | | SalesCost of Goods Sold and Operating | | Fees‚ Rents‚ etc.Operating (only) | 3. Under a periodic inventory system the company does not keep track of
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Kartel a popular dancehall artiste in jamaica has released where he openly acknowledges that he bleaches his skin and/or the promotion of doing so. In Kartel’s song "Cake Soap" (2010)‚ he says in Jamaican creole (also known as Jamaican patois)‚ "Cool‚ like mi wash mi face wit di cake soap" (meaning that he washes his face with cake soap‚ a Jamaican term for a detergent soap that contains bleach and that some people reportedly use to lighten their skin). In the 2011 song "Look Pon We" (featuring Russian)
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Q. What are the unique features of Shouldice’s services‚ as compared to that of a typical hospital? A. The hospital focused on this new procedure for treatment of external types of abdominal hernias. Some differentiating features of the Shouldice process were the arranging of abdominal muscles into three distinct layers‚ reinforcing the abdominal wall with six rows of sutures and did not involve any insertion of screen and mesh under the skin. Beyond the surgical procedure‚ it was the service
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“Wedding Cake Model” Michal Bates Intro to Criminal Justice The criminal justice wedding cake is a diagram to show the importance of a crime and where it would be categorized. There are four layers on the cake that signify each of the major types of crimes: (1) misdemeanors‚ (2) less serious felonies‚ (3) serious felonies‚ and (4) celebrated cases. Also‚ the size of these layers depends on the importance of the crimes‚ with misdemeanors being the largest and at the bottom and the celebrated
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time. Business is relying on turnover of stock to meet obligations. Here‚ we recommend that Muhibbah should consider level of their accounts payable or paying off their liabilities and ensure the cash flow of the business is optimal meaning that the company must make sure their accounts receivable pay on time. Gamuda have high result of acid test ratio which indicates high degree of assurance that immediate debts can be paid. But‚ sometimes too high a liquidity ratio may not always be good because it
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Jennifer Obrien Date: 11/ April 11‚ 2013 Abstract Inexpensive‚ affordable food is a person’s wants. If find some ways to solve this problem‚ keep food quality and price. So‚ in this paper discuss the solution of how to strike a balance between inexpensive‚ affordable food and healthy‚ quality food. Firstly‚ according to international trade‚ people can import some healthy food from other country‚ which place has lower labor. So‚ people can control the
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“Cake pops” What is a cake pop? A cake pop is just like a cake‚ but it is smaller and on a stick! Cakes pops are small desserts that can be eaten on the go‚ which can be convenient for everyone. I am going to teach you step by step on how to make them. The very first thing to do is to go to the store and buy all the right ingredients. You need to pick out your favorite kind of cake and the right icing to go with it. The next thing to buy is the almond chips to put over the cake pop. You can
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Hurry Date‚ a small & privately owned company‚ is one of the America’s leading provider of speed dating with a strong brand recognition. It’s an online version of traditional round-robin speed dating. It operates a website HurryDate.com to screen singles looking to mingle. The range of service it provides are‚ online match-making‚ personal browsing and event hosting. It does this by hosting round-robin meeting event for potentials dating candidates. This is where they make money by charging
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Destin Brass Products Problem: - The Company is producing 3 major products – Valve‚ Pump and Flow Controller. The Company is concerned about the price cutting of Pumps going on in the market every month. It is also surprised to see no change in sales of Flow Controller despite 12 ½% increases in prices. Current Scenario: - Currently it is using traditional accounting system‚ Unit of product is charged for material cost‚ labor cost (standard time for labor times the labor pay rate $16 per hour)
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CASE: MAKING NORWICH TOOLS LATHE INVESTMENT DECISIONS PAR T A: PAYBACK PERIOD years cash flows 0 1 2 3 4 5 (660‚000) 128‚000 182‚000 166‚000 168‚000 450‚000 PBPA LATHE A cumulative cash flows cash flows LATHE B cumulative cash flows 128‚000 310‚000 476‚000 644‚000 1‚094‚000 (360‚000) 88‚000 120‚000 96‚000 86‚000 207‚000 88‚000 208‚000 304‚000 390‚000 597‚000 4.04 PBPB 3.65 ACCEPTABILTY OF EACH PROJECT: Lathe A will be
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