MEMORANDUM To: Ms. Jane Becker‚ COO From: Subject: Interest Capitalization on New Expansion Date: 10/30/13 Introduction There has been some recent confusion over whether ARC Manufacturing should capitalize the interest costs associated with the construction of your new manufacturing facility‚ and if you are obligated to do so. After extensive research‚ and by examining the procedures for capitalizing interest laid out by the Federal Accounting Services Board (FASB)‚ ARC can capitalize
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Chapter 12—NATURE AND CLASSES OF CONTRACTS: CONTRACTING ON THE INTERNET TRUE/FALSE 1. Quasi contracts are contracts. ANS: F MSC: AACSB Analytic 2. A contract is essentially an agreement that creates an obligation. ANS: T MSC: AACSB Analytic 3. Because transfer of value is essential to a valid contract‚ contracts cannot apply to the performance of personal services. ANS: F MSC: AACSB Analytic 4. Every contract has only two parties. ANS: F MSC: AACSB Analytic 5. A promisor
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General Electric (GE) Healthcare India is a joint venture comprised of the former and Indian Multinational Wipro Ltd. What made GE Healthcare stand out so much in year 2005-2006 was that by the end of the fiscal year‚ they had generated $77 million in the ultrasound machine market. They had become the market leaders in the ultrasound machine market‚ beating well-known competitors such as; Toshiba‚ Phillips‚ and Siemens (Wicks‚ Andrew C. 2010). Following in 2006‚ there was a significant increase of
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To: Dr. Grace From: Ana Barrientos Date: September 16th‚ 2014 Subject: Tanglewood Planning Tanglewood’s structure has evolved into a structure that is similar to other retail stores organizational hierarchy. However‚ this appearance is deceptive because all employees at all levels of the organization are involved and encouraged to make suggestions regarding operations. This has allowed the company to retain its workforce of committed and qualified individuals. It is an important matter to accurately
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Principles of Marketing‚ 14e (Kotler) Chapter 12 Marketing Channels: Delivering Customer Value 1) Which of the following is NOT a typical supply chain member? A) resellers B) customers C) intermediaries D) government agencies E) raw materials supplier Answer: D Diff: 1 Page Ref: 340 Skill: Concept Objective: 12-1 2) ________ the manufacturer or service provider is the set of firms that supply the raw materials‚ components‚ parts‚ information‚ finances‚ and expertise needed to create
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cause the inflammation of the unemployment rate and rising poverty in the Philippines. The government particularly the Department of Education (DepEd) has currently made a solution to this problem. The K to 12 program‚ it introduces a new curriculum in which has adopted the twelve (12) year United States ’ educational system. The people and students have mixed reaction to the program. Some said it is a good way to end the problems of education. Some said it will be another burden to parents
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which makes enrollment in kindergarten compulsory before children can begin the traditional six years of primary school and adds two more years to high school. The Enhanced Basic Education Act of 2013‚ or the K-to-12 Act‚ establishes a “universal kindergarten” and introduces Grades 11 and 12 to high school education in public and private schools. Students will have to complete the extra education to qualify for university. Until this law’s enactment‚ the Philippines was the only country in Asia and
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Chapter 12 Practice Problems 1. Bankers hold more liquid assets than most business firms. Why? The liabilities of business firms (money owed to others) is very rarely “callable” (meaning that it is required that the business pay its obligation on demand from the creditor). Since their liabilities are not callable‚ most businesses can afford to invest in assets that are illiquid. Indeed‚ this is what is known as matching the liquidity of assets and liabilities. Since most business assets are illiquid
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Chapter 12 Discussion Questions |12-1. |What are the important administrative considerations in the capital budgeting process? | | | | | |Important administrative considerations relate to: the search for and discovery of investment opportunities‚ the | | |collection of
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were essentially students of Jesus during his existence. An apostle‚ along with being a student‚ was also trained further by the Jesus of Nazareth. The reason behind this was to turn the disciple into a preacher who helped spreading Jesus’ teachings.2 An apostle is a messenger and ambassador‚ someone who champions a critical reform movement‚ belief or cause. (more so in the Christian context) while a disciple is a follower and student of a mentor‚ teacher‚ or any other wise person‚ someone who accepts
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