held by the founders is a very important point they can try to renegotiate. In the Alpha term sheet the founders have a percentage ownership of 34% if the revenues hurdle of $500‚000 is met. The founders hold 32.6% if the revenue hurdle is not met. Mega has no such revenue hurdle thus‚ with the number of shares outlined in the term sheet‚ the founders own 37.5%. Negotiation: In the Alpha term sheet a higher number of shares for the founders would be preferable. We assume the company will meet
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SAMPLE BALANCE SHEET Most accounting balance sheets classify a company’s assets and liabilities into distinctive groupings such as Current Assets; Property‚ Plant‚ and Equipment; Current Liabilities; etc. These classifications make the balance sheet more useful. The following balance sheet example is a classified balance sheet. Sample Balance Sheet: Example Company Balance Sheet December 31‚ 2010 ASSETS | | | LIABILITIES | Current Assets | | | Current Liabilities | | | Cash
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The story is about friendship‚ a mutual friendship. The author‚ Isabel Vivien Guda gave justice to the title of the story which is Friend-Cheat. This is something can guess immediately‚ from the idea and flow of the story. The author‚ I guess somehow reflects her own experiences‚ to easily and naturally tell the story about. Friend-Cheat specifically tells the precious meaning of the word friendship‚ how loyalty and trust matters on it. The story goes around between the two main characters named
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Test Booklet Code - NO.: ABC 2216302 This Booklet contains 20 pages. Do not open this Test Booklet until you are asked to do so. Impoutant Instructions : 1. 2. The Answer Sheet is inside this Test Booklet. When you are directed to open the Test Booklet‚ take out the Answer Sheet and fill in the particulars on side-1 and side-2 carefully with blue/ black ball point pen only. The test is of 3 hours duration and Test Booklet contains 180 questions. Each question carries 4 marks
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Ch. 16 Lean Production is an integrated set of activities designed to achieve production using minimal inventories of raw materials‚ work-in-process‚ and finished goods. Based on the JIT logic: nothing is produced until it is needed (Item arrive at the next stage of production “just in time”) JIT means producing what is needed when needed and no more; Major goal: Elimination of all wastes. Waste is defined as anything that does not add value from the customer’s perspective. E.g.‚ Waste from overproduction
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is referred to as the a. stand alone concept. b. monetary unit assumption. c. economic entity assumption. d. corporate form of ownership 2. All of the financial statements are for a period of time except the a. income statement. b. balance sheet c. owner’s equity statement. d. statement of cash flows 3. A trial balance will not balance if a. a journal entry is posted twice. b. a wrong amount is used in journalizing. c. incorrect account titles are used in journalizing. d. a journal
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Balance sheets: the basics A balance sheet is a financial statement at a given point in time. It provides a snapshot summary of what a business owns or is owed. It states what assets the business ownes and what it owes – liabilities‚ at a particular date. The balance sheet is uded to show how the business is being funded and how those funds are being used. The balance sheet is used in three ways: • for reporting purposes (limited company’s annual accounts) • help interested
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CCS Description Type IT237 March 22‚ 2012 Prof. Brooke CCSD Cascading Style Sheets‚ also referred to as‚ CSS are created so developers are able to separate the design from the content. This process allows HTML to do the markup of the content and the developer does not have to worry about the layout. CSS are separated into one of three different categories‚ which are as follows: external‚ embedded‚ and inline CSS. Each type of CSS has pros and cons‚ it really depends upon the situation
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CASCADING STYLE SHEETS CSS or Cascading Style Sheets allow you to control your page layout or a simple way to add style (e.g. font‚colors‚spacing). HTML deals with structure while CSS deals with style. With CSS‚you will recognize some similarities with HTML attribute names and values. But in CSS‚ you will use curly braces { } colons : and semi colons ; and you will use selectors and declarations. Good HTML and CSS writing practice it to test one body or block of the codes at a time‚instead of writing
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students are required to undertake and evidence a series of meetings to confirm progress on the preparation and writing of the OTHM assignment. This tracking sheet has been designed to assist in structuring these meetings‚ and a copy should be sent to OTHM together with the assignment. Self-study students should also complete this tracking sheet to assist in producing their assignment. Meeting 1 Date and time: Suggested coverage: Confirm that assignment guidelines on OTHM’s website
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