A1. a. Horizontal Analysis INCOME STATEMENT Years 6 and 7 REVENUE Net sales for Competition Bikes‚ Inc. increased 33% from year 6 to year 7. This yielded a 31.8% increase in costs of goods sold. Gross profit in year 7 was up by 37.5%. This is done by subtracting the cost of goods sold (3‚294‚000) from net sales (4‚485‚000) and resulting in the 37.5%. Their overall net earnings increased 313.4% in the course of year 6 to year 7. That is roughly three times their previous earnings. This growth
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In Week 2 the discussion was about employee relations. To identify recruitment and selection strategies and methods as part of the workforce. Understanding and differentiate between job analysis‚ job description‚ and job specification. Discussing about the process an organization uses to ensure that it has the right amount and the right kinds of people to deliver a certain level of output or services in the future. Learning of the forecasting techniques which are quantitative and qualitative‚ a variety
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According to Fremgen (2012)‚ every state has a statue or regulation that necessitates that all health care professionals and physicians report all cases of acquired immunodeficiency syndrome (AIDS) to the department of health local or state level. This would allow Dr. K to meet his obligation in reporting the communicable disease. In some states it is also legal to inform a spouse‚ needle sharing partner‚ or other party that may be at risk of contracting the disease (Fremgen‚ 2012). In this case
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Biochemistry‚ GRT1 Task 2 Essential Amino Acid Valine A1: 2 Characteristics of Valine • Valine is a nonpolar amino acid‚ with many carbons surrounded by hydrogen. Valine is unable to interact with water molecules‚ making it HYDROPHOBIC (MSDS‚ 2005). • Flammability- Valine is combustible at high temperatures. These products are carbon oxides and nitrogen oxides. In case of a small fire‚ dry chemical powder should be utilized. In case of a large fire‚ utilize water spray‚ fog or foam. No water
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In a Business Environment‚ Why Should People be Moral as Individuals Joe Bess AIU Online Abstract In a business environment morality should always be an issue due to the damage it can cause‚ not only to your business but to your employees and their families. Morality in businesses recognize the power of conducting business in socially responsible ways and they realize that doing so leads to increase in profit and customer satisfaction and decreases in employee turnovers. Businesses without morality
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Competition Bikes‚ Inc. Task 2 A budget is a plan expressed quantitatively in detail. This detailed plan spells out how the company will acquire resources as well as how the resources will be allocated for a specific time. The budget is used for projecting future income and expenses. The purpose of a budget is the assist the company in providing a methodology in determining what direction to go‚ to improve efficiency‚ delegate responsibility and provide a means of controlling the finances of the
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Procedures Company X can only be as successful as their employees. For employee success‚ Company X will cover all the policies and regulations and allot time for any new employee questions or concerns. All employees are required to participate in 2 hours of policy‚ procedure‚ and safety training before the new hire process can be completed. At the end of the training period employee will sign off stating they have received the training and the employee handbook. By doing this it will ensure that
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Lab 2 – Water Quality and Contamination Experiment 1: Effects of Groundwater Contamination Table 1: Water Observations (Smell‚ Color‚ Etc.) Beaker Observations 1 This beaker has water only‚ clear with no smell 2 I mixed oil in the water‚ the oil then started to settle at the top of the water. (oil is not a soluble) 3 Beaker contained vinegar and water‚ the water got a little cloudy and the vinegar smell is very strong. 4 The water and laundry detergent mix had a soapy look to it‚ water also
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company has been asked by Cosmopolitan University to submit a bid for tables to be used in a new computer lab. The plant manager feels that obtaining this job would result in new business in future years. Estimates for the Cosmopolitan University project are as follows: Direct materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $14‚000 Direct labor (500 hours) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Carrie Bissonette Acc/400 Week 2 Individual Assignment E17.15 A) 34‚700 B) 60‚725 E18.10 A1) Particulars Sets Inputs Beginning WIP 8‚000 Start new units in May 50‚000 58‚000 Outputs Ending WIP (10‚000) Completed and Transferred mat sets 48‚000 A2) Particulars Cakes Total Inputs units 58‚000 Ending work in process (10‚000) Beginning work in process (8‚000) Units completed and transferred 40‚000 B.) 58‚000 C.) $6.00 D.) Account Title & Explanation Debit Credit Work in process – cutting department
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