Case 11-4 SUBJECT: Determining the Functional Currency of Sparkle Company Sparkle Company is a Nigerian diamond mining company. Sparkle is a joint venture‚ 50 percent owned by Shine and 50 percent owned by Brighten. Both Shine and Brighten are U.S.-based companies with their functional currency being the American dollar. Sparkle Companies functional currency is that of Nigeria‚ being the Naira. During 2009‚ Sparkle had several transactions with its joint venture owners and outside parties. The
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Case Study 4 2) What forces are driving changes in the movie rental industry and are the combined impacts of these driving forces likely to be favorable or unfavorable in term of their effects on competitive intensity and future industry profitability? The forces driving the changes in the movie rental industry can be boiled down to the booms we have seen in technology. The cost of HDTV’s has been dropping and has now become more practical for each person to obtain. This leads to the desire to
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1. Is Eye Vision’s arrangement with Holland Hospital within the scope of ASC 985-605‚ Software: Revenue Recognition? In this case‚ the main content of the Eye Vision’s arrangement with Holland Hospital include embedded software medical equipment and an initial option to purchase a two-year separately priced maintenance agreement. In this case‚ because“Eye Vision has never sold‚ nor does it offer to sell‚ the Clear View Laser without the embedded software because the software is necessary to perform
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How information value affects travel intention: A cross-culture perspective Introduction When an individual is seeking available alternatives of a certain product or service‚ information search process serves as an assistant role for fulfilling a variety of values that he or she desires(Diehl & Zauberman‚ 2005; Fodness & Murray‚ 1998; Gursoy & Chen‚ 2000; Hoffman & Novak‚ 1996; James & Bergh‚ 1990; Nishimura‚ Waryszak‚ & King‚ 2007; Vogt & Fesenmaier‚ 1998). During the
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Types of shares: Share issued by a company can be divided into following categories: (I) Preference Shares: According to section 85 of the Companies Act‚ 1956‚ persons holding preference shares‚ called preference shareholders‚ are assured of a preferential dividend at a fixed rate during the life of the company. They also carry a preferential right over other shareholders to be paid first in case of winding up of the company. Thus‚ they enjoy preferential rights in the matter of: (a) Payment of
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Unit 10 – Assessment 4 P4 – Describe the signs and symptoms of child abuse. Most children are not at risk of abuse in their family homes however there are situations that increase the risk. However stresses and strains on the family can cause one or both of the parents to react in anger and take it out on the child. It is usually the most vulnerable or the youngest member of the family unit who is the victim of the abuse. Abuse is usually as a result of the parents having bad parenting skills or
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Kayla Rodney MBA 575 Case 4 Questions The University of Northwestern Ohio Jinjian Garment Factory Motivating Go-Slow Workers Piecework is a suitable form of paying employees in the garment factory‚ however it is not the best form of payment for the Shenzhen factory. The piecework system employed by the factory in Shenzhen was well suited to the nature of the work. Each worker was assigned to a specific job and earned an exact amount derived from the number of finished pieces times the price of that
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CHAPTER 1 MANAGEMENT ACCOUNTING: INFORMATION FOR CREATING VALUE AND MANAGING RESOURCES ANSWERS TO QUESTIONS 1.1 There are several possible answers to the question. QANTAS‚ the national airline of Australia‚ has faced a number of changes to the business environment in recent years‚ including deregulation of the domestic aviation industry. This resulted in increased competition as new firms attempted to enter the industry. The most notable of these was two failed attempts by Compass to succeed
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In an essay of 2500 words‚ consider what exactly makes a good counselor. Counseling is a process where a person tries to assist another person to be able to handle his or her problems. A counselor is not just there to give advice; it is also based on mutual trust and understanding. Counseling is an opportunity for us to help people to mentally adjust to different situations. A good counselor should display sincerity‚ good listening skills and be able to assist people in gaining a better understanding
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Structure of Canadian Interindustry R&D Spillovers‚ and the Rates of Return to R&D”‚ Journal of Industrial Economics‚ Vol Bhagwati‚ J. (1988)‚ Protectionism‚ Cambridge; MIT Press. Blomström‚ M. (1986a)‚ ”Foreign Investment and Productive Efficiency: The Case of Mexico”‚ Journal of Industrial Economics‚ Vol Blomström‚ M. (1986b)‚ ”Multinationals and Market Structure in Mexico”‚ World Development‚ Vol Blomström‚ M. (1989)‚ Foreign Investment and Spillovers: A Study of Technology Transfer to Mexico‚ London;
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