CHAPTER 22 Multiple Choice 22-1: b. (P500‚000 – P300‚000) 22-2: d. The total tuition fees for educational and general purposes. 22-3: d. (P1‚240‚000 – P160‚000) 22-4: a. Unrestricted cash contribution received from donors are to be reported as increase in net cash provided by operation. 22-5: d. The remaining contribution of P5‚000 on December 31‚ 2004. 22-6: b. Unregistered pledges from donors are treated as revenues at the time of the pledge. 22-7:
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Chapter Overview: Due to science and the discovery of a “heliocentric” universe‚ there was a transformation of humankind’s perception of its place in the larger scheme of things. This new worldview led to new thinking about moral and religious matters‚ as well as scientific theory. New ideas and methods of science challenged modes of thought associated with late medieval times like scholasticism and philosophy. The Protestant Reformation and the discovery of the Americas presented new uncertainties
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the Yuan dynasty in China develop? 11. What was the impact of the Mongol conquest on Chinese society and political structure? 12. What were the positive aspects of the Mongol conquests? 13. What were the symptoms of Yuan decline? 14. How did the conquests of Timur-i Lang contrast with those of the Mongols?000-2‚000 BCE Neolithic Cultures ca. 2100-1600 BCE Xia (Hsia) Dynasty (MYTHICAL) ca. 1600-1050 BCE Shang Dynasty One of the Three Dynasties‚ or San Dai (Xia‚ Shang‚ and Zhou)
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Chapter 14 - Arriving at the Final Price LECTURE NOTES CHAPTER OPENING EXAMPLE NANO‚ THE CAR PRICED AT ONE LAKH When Ratan Tata‚ chairman of Tata Motors‚ announced his dream of selling a car at one lakh (100‚000 rupees or approximately US$2‚500)‚ many scoffed. Leaders in the automobile industry around the world questioned the logic of such a proposition. Tata’s car is expected to change the face of the automobile industry‚ both in India and around the world. It is the first time a two-cyclinder
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apartment. "We’re here." she inhaled deeply‚ trying to find the strenght to ring the door bell. Sherlock rested his hand on her shoulder and rang it for her. ’Hello?’ "Mum‚ it’s me‚ (Y/N)." ~⚜~ "Fiance. My little angel getting married." (Y/N)’s mother‚ Jenna‚ said with teary eyes‚ placing the two cups of tea on the short table in front of the sofa where her daughter and the detective sat. Sherlock’s eyes were scanning Jenna’s figure intently. "So how’s the things at bakery?" he asked the middle
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Chapter 14 Firms in Competitive Markets Multiple Choice 1. A FIRM HAS MARKET POWER IF IT CAN |a. |maximize profits. | |b. |minimize costs. | |c. |influence the market price of the good it sells. | |d. |hire as many
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Question 11. In early 2003 Bristol-Myers Squibb announced that it would have to restate its financial statements as a result of stuffing as much as $3.35 billion worth of products into wholesalers’ warehouses from 1999 through 2001. The company’s sales and cost of sales during this period was as follows: 2001 2000 1999 Net sales $18‚139 $17‚695 $16‚502 Cost of products sold 5‚454 4‚729 4‚458 The company’s marginal tax rate during the three years was
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A budget according to Drury (2008) can be defined as a financial plan for implementing the various decisions that management has made or a quantitative expression of planned activities. In addition‚ a budget is an estimate of costs‚ revenues‚ and resources over a specified period‚ reflecting a reading of future financial conditions and goals. It an organization‚ it is one of the most important administrative tools‚ as it serves as a plan of action for achieving quantified objectives and is a device
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SAGE Notes Quality Management Deming’ 14 Points for s Management The Secret of Success is Constancy to Purpose. Benjamin Disraeli Speech [June 24‚ 1872] Deming’ 14 Points s Page 1 SAGE Notes Deming’ Quality Chain Reaction s Deming’ 14 Points s Page 2 SAGE Notes Another view of the Quality Chain Reaction: Costs decrease because of less rework‚ fewer mistakes‚ delays‚ snags; better use of machine time and materials. Improve Quality Productivity improves Capture
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customer loyalty‚ and perhaps most importantly‚ human capital. These intangible assets are likely to provide tremendous earnings growth in the future which determines the company’s market value. Notice also that the company’s choice of conservative accounting policies has the effect of depressing the company’s book value of equity. 2. What effect did Microsoft’s software capitalization policy have on its financial statements? Ignore any potential tax effects. a. Assume that 60% of Microsoft’s
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