Financial and Management Accounting-2 ASSIGNMENT Marks: 10 Question: Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM‚ Inc.‚ has been experiencing difficulty for some time. The company’s contribution format income statement for the most recent month is given below: Sales (19‚500 units*$30 per unit) $585‚000 Variable expenses 409‚500 Contribution margin 175‚500 Fixed expenses 180‚000 Net operating
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Axia College Material Appendix E Evaluating Safe Working Conditions Directions: Read each scenario and answer the following questions. 1. Workplace Violence Sam is a security officer for ABC Corporation in the Phoenix area. He is always stationed at the security desk in the main lobby to greet employees and visitors. One day he observed an employee from the finance department muttering something under his breath and acting strangely as he walked by the security desk. He noticed
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A hotel’s front office plays a large in promoting the hotel’s specialties and services. Suggestive selling has the potential to generate a great deal of revenue for the various departments. Some guests may not even be aware that the hotel offers certain services. The front office staff could give restaurant menus‚ salon services pamphlets‚ or room service menus. When checking guest in to the hotel employees could ask “would you like to make an appointment for a facial in our full-service salon‚’
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We chose an advertisement that tries to convince corporations to relocate to Rancho Cucamonga‚ a city located 40 miles east of Los Angeles. The ad tries to inform businesses of Rancho Cucamonga’s well-educated workforce‚ nearby location to major airports‚ and first-class accommodations. The ad is appealing‚ but it can be improved to be more effective. The advertisement has a very good focal point. When first viewing the advertisement‚ you are immediately drawn to the photo of the man standing
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1.1 Introduction about the Foreign Direct Investment (FDI) As per the current regulatory regime‚ retail trading (except under single-brand product retailing — FDI up to 51 per cent‚ under the Government route) is prohibited in India. Simply put‚ for a company to be able to get foreign funding‚ products sold bit to the general public should only be of a single-brand‘; this condition being in addition to a few other conditions to be adhered to. India being a signatory to World Trade Organization’s
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TUTORIAL WEEK 13 – MANAGEMENT OF ACCOUNT RECEIVABLES & INVENTORY MANAGEMENT PART A: MULTIPLE CHOICES QUESTION 1. The conditions under which a firm sells its goods and services for cash or credit are called the: a) terms of sale. b) credit analysis. c) collection policy. d) payables policy. 2. The basic factors to be evaluated in the credit evaluation process‚ the five Cs of credit‚ are: a) conditions‚ character‚ capital‚ control‚ and capacity b) capital‚ collateral
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of the company practice in India? Justify your opinion? Ans. The title of controller and treasurer not been followed in India. In India‚ generally the officer designated as financial controller performs the function of chief accountant. The title of finance head is generally finance manager who is involved in the management of company fund. 1.b. A firm purchases a machinery for Rs. 8‚00‚000 by making a down payment of Rs.1‚50‚000 and remainder in equal installments of Rs. 1‚50‚000 for six years
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Health Psychology Committee Report HCA 250 May 2008 Health Psychology Committee Report page 2 Our hospital as well as all hospitals need a health care reform plan to ensure that all patients are getting proper counseling during their hospital stay and when they leave they can take care of themselves to the best of their ability with out-patient help if needed. Education about their illnesses‚ surgeries‚ hospital stays‚ overall health‚ and after care is of utmost importance
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is referred to as the cash cycle. The length of this cycle directly influences firm liquidity; hence‚ it is important to monitor working capital behavior via the cash cycle. This chapter discusses techniques used to quantify working capital management. The analysis begins with a review and critique of traditional measures used to assess working capital practices. A major focus of the chapter is to distinguish solvency from liquidity. The former concerns whether assets exceed liabilities
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THE UNIVERSITY OF WARWICK Examination: Summer 2009 FINANCIAL MANAGEMENT SPECIMEN ANSWERS Turn Over IB1140 Page 2 of 18 ---------------------------------------------------------------------------------------------------------------SECTION A Answer ALL of the questions in this section Each question is worth 2 marks ---------------------------------------------------------------------------------------------------------------1. Which of the following statements is most consistent with the
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