Exercise 2-1 (10 minutes) 1. The wages of employees who build the sailboats: direct labor cost. 2. The cost of advertising in the local newspapers: marketing and selling cost. 3. The cost of an aluminum mast installed in a sailboat: direct materials cost. 4. The wages of the assembly shop’s supervisor: manufacturing overhead cost. 5. Rent on the boathouse: a combination of manufacturing overhead‚ administrative‚ and marketing and selling cost. The rent would most likely be prorated
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1.0 Case Study : Microsoft in India 1. Why does Microsoft’s traditional strategy of one size fits all not work well in emerging markets such as India? There are four main marketing strategies. It can be categorized as Globalization strategy‚ transnational strategy‚ internationalization strategy and localization strategy. As shown in diagram 1.0. Emphasis on local responsiveness high low low
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Microsoft Office 365 for professionals and small businesses (Plan P1) Customer Purchase and Support Guide Published: June 2011 Microsoft Office 365 for professionals and small businesses (Plan P1) Customer Purchase and Support Guide Published: June 2011 This guide will help you learn more about Office 365 for professionals and small businesses and how it can benefit your organization. The guide focuses primarily on the Office 365 commerce experience and will help you to
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Solutions for Chapter 2 True/False Questions 2-1 F 2-2 F 2-3 T 2-4 F 2-5 T 2-6 T 2-7 F 2-8 T 2-9 F 2-10 T 2-11 T 2-12 F Multiple Choice Questions 2-13 B 2-14 B 2-15 B 2-16 E 2-17 D 2-18 C 2-19 C 2-20 D 2-21 A 2-22 D 2-23 E 2-24 B Review and Short Case Questions 2-25 Fraud is an intentional act involving the use of deception that results in a material misstatement of the financial statements. Two types of misstatements are relevant to auditors’ consideration
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Chapter 2: Business Processes‚ Information Systems‚ and Information Multiple Choice 1) A ________ is a network of activities for accomplishing a business function. A) workgroup B) task force C) business portfolio D) business process Answer: D Difficulty: Easy Chapter LO: 2 Course LO: Discuss the role of information systems in supporting business processes 2) In swimlane format‚ ________ are specific tasks that need to be accomplished as part of a business process. A) repositories B) resources
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CHAPTER 12: BEHAVIORAL FINANCE AND TECHNICAL ANALYSIS PROBLEM SETS 1. Technical analysis can generally be viewed as a search for trends or patterns in market prices. Technical analysts tend to view these trends as momentum‚ or gradual adjustments to ‘correct’ prices‚ or‚ alternatively‚ reversals of trends. A number of the behavioral biases discussed in the chapter might contribute to such trends and patterns. For example‚ a conservatism bias might contribute to a trend in prices as
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Cases in Finance Philip Morris and British American Tobacco: Comparative Analysis Table of Contents Industry Overview 2 E-Cigarettes: A Threat or an Opportunity for the Tobacco Industry 2 Philip Morris: Company Overview 3 Philip Morris International: Facing The Current Financial Difficulties 4 British American Tobacco: Company Overview 4 British American Tobacco: Negative Image 5 SWAT Analysis: Philip Morris 5 SWAT Analysis: British American Tobacco 8 Industry Overview
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Profit Margin = Net Income/Sales =17‚627‚040/234‚300‚000 =0.07523 = 7.52% Return on Assets = Net Income/Total Assets =17‚627‚040/130‚338‚900 =0.1352 = 13.52% Return on Assets = Net Income/Total Assets =17‚627040/66‚169‚600 =0.2664 = 26.64% 2. 2.1. Current ratio 2.1.1. Current ratio is calculated as total current assets divided by total current liabilities. Current ratio is a measure of shortterm liquidity. The current ratio of ECY is below the median industry ratio. So the ECY’s current
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Chapter 4 1. If you invest $1000 today at an interest rate of 10% per year‚ how much will you have 20 years from now‚ assuming no withdrawals in the interim? SOLUTION: n PV FV PMT Result 20 2. i 10 1000 ? 0 FV =6‚727.50 a. If you invest $100 every year for the next 20 years‚ starting one year from today and you earn interest of 10% per year‚ how much will you have at the end of the 20 years? b. How much must you invest each year if you want to have
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MICROSOFT ACCESS Microsoft Access; History‚ Flaws‚ and Uses in Business PCI 206 MICROSOFT ACCESS Abstract Microsoft Access is a database system. Its uses include storing‚ searching‚ saving‚ and linking all sorts of information. It can be used in any type of business either as its own program‚ or in assistance for a bigger program or bigger business. Like anything‚ it has its flaws‚ such as limited capacity‚ and inferiority to premiere database programs. Access is a program where for a personal
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