direct-to-consumer medical products and conducts business through its Liberty Diabetes‚ Liberty Respiratory‚ and Pharmaceuticals segments. The issue at hand concerns the divisions of Liberty Diabetes and Liberty Respiratory and the reporting of their advertising expenses. PolyMedica capitalizes and amortizes its direct- response advertising cost‚ generally over a 2-4 year period‚ in accordance with American Institute of Certified Public Accountants (AICPA) Statement of Position (SOP) 93-7. Under the Financial
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Wendy’s International: Balanced Scorecard |Area of Objectives |Measure of Target |Time Expectation/Targets |Primary Responsibility/Initiatives| |Customers | |High quality |Customer/industry surveys with an |Every month; |Quality Management – Set high | |
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•Proposal for Artemis Sportswear Company for cutting operational expenses to increase profit margins; some ideas. As a business‚ Artemis can cut down the operational costs by down-sizing the labor force so the company can compete with other sportswear companies. There are two ways a company can down-size the labor costs‚ one of these is down-scaling the direct labor‚ and the other one would be to relocate the labor and obtain cheaper labor force. Reduce Employee Costs. Outsource any jobs where
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discuss the travel requirements. With a traditional college you must travel to and from classes and campus; which can be more of a con than a pro. Whereas with an online college there is no commute‚ which can save time and money on travel expenses. The pros of convenience of a traditional college versus an online college. First‚ there is the fact that you have your instructor or professor right there in front of you when in class‚ which can be a big plus when asking questions
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Sg Current a/c interest – accrues evenly over time Fixed Deposit interest – date of maturity 1. Net Acc profit (before dep & tax) Expense Deductible N.D Charge to P/L Nothing Add Not charged Minus Nothing Revenue Taxable N.T Credited to P/L Nothing Minus Not credited Add Nothing Add: 10(1)(a) income not credited to P/L Expense charged for Non 10(1)(a) Less: Non 10(1)(a) income credited to P/L 2. Adjust Profit (s10(1)(a)) • Less: Further Deductions‚ Capital Allowances
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development expenses are likely to be: a. The largest Software costs would likely be the largest expense‚ since it is custom designed. b. The most difficult to estimate The cost feasibility for software development would be difficult to estimate. c. Not included in Figure 10-28 Security was not included and would need to be addressed. Feasibility is also not covered‚ which would include the schedule‚ technical and organizational aspect of the project. 10-7. Which operational expenses are likely
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Executive Summary: A hypothetical fast food outlet set up by 3 entrepreneurs. As the name suggests‚ the joint will cater to the ‘quick bite’ / fast-food needs of today’s consumers – predominantly wraps/rolls. Strategically located on BEL road in Bangalore‚ the company plans to open at least 10 more outlets in the city over the next 2 years through the franchise route. The restaurant is currently in operations from a year and getting a very good response mainly from the youth of surrounding area
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will be beneficial to everyone. Within this committee we need to select who will handle what roles each person will be in charge of. We will have groups in charge of different areas. Such as people count‚ communication‚ timelines‚ training and expenses. For the people count‚ this group will be
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stand-by duties and normal duties‚ gives rise to assessable income.1 Nonetheless‚ her normal travel expenses from home to the place of employment or business are not deductible under Section 8-1 as such costs are not qualified to satisfy the positive limb of the general deductions provisions‚ that is‚ they are not sufficiently related to the production of assessable income.2 Rather‚ the normal travelling expenses are incurred because of a private choice to live somewhere far away from the work place‚ thus
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ACCOUNTING/291 Capital Expenditure vs Revenue Expenditure Carlos Flannigan XACC/291 Instructor: Tameka Johnson October2 ‚2014 Expenditures are unavoidable for any company to exist in the competitive market‚ to expand the business or to find new opportunities to open up beneficial business in those areas‚ etc. Expenditure is defined as payments of cash or cash equivalent for goods or services‚ or a charge against
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