ACCT101 project Case5-3 1. Electric utility bills Method 1: As everyone knows‚ the electricity meters can be read every month. Therefore‚ in December the company will know the electricity usage of the former 12 months including that of December last year. And the usage of electricity in December this year can be included in the next year’s revenue. Method 2: Strictly speaking‚ the revenue recognized in method 1 is not earned in THIS YEAR. through the method of estimating the electricity usage
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Integrated Case 3-12 a. D’leon’s expansion did increase sales‚ however the companies net income‚ NWC and after-tax operating income suffered greatly at well‚ this is probably due to the huge increase in spending. b. The company’s expansion also restricted free cash flow greatly. c. Since the companies total liabilities almost tripled from 07-08 meaning one can assume they are indeed not paying their creditors/suppliers in a timely manner. d. Unfortunately operating costs are exceeding
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22865_05_c05_p132-172.qxd 10/2/06 1:55 PM Page 132 Making Automobile and Housing Decisions CHAPTER 5 L E A R N I N G G O A L S LG1 Implement a plan to research and select a new or used automobile. Decide whether to buy or lease a car. p. 132 LG2 p. 140 LG3 Identify housing alternatives‚ assess the rental option‚ and perform a rent-or-buy analysis. Evaluate the benefits and costs of home ownership and estimate how much you can afford for a home. Describe the home-buying
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Case Study 3 - Cash Budget SCHEDULE OF EXPECTED CASH COLLECTIONS FROM CUSTOMERS: Credit Sales August September July ($30‚000 x 40%) 12‚000 August ($24‚000 x 60%)‚ September ($24‚000 x 40%) 14‚400 9‚600 September ($18‚000 x 60%) 10‚800 Total Cash Collections 26‚400 20‚400 SCHEDULE FOR EXPECTED PAYMENTS FOR PURCHASE OF INVENTORY Inventory purchases August September July ($65‚000 x 50%) 32‚500 August ($45‚000 x 50%)
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Case Study # 7 Part I. group development The stage of the Christine’s team is at the forming stage‚ because every is getting to know each other and getting to know their roles and is not a well develop and constitute team yet. "in the forming stage of team development‚ a primary concern is the initial entry of members to a group." During this stage‚ individuals ask a number of questions as they begin to identify with other groups member and with the team itself." (Shermerhon 166) If Christine
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The scenario depicts a first-year undergraduate nursing student‚ Gordon‚ who is on his first clinical placement at a busy nursing home. He has been allocated four residents to take care of with his RN buddy‚ Homer‚ who is exhausted due to attending to his 2-week-old baby the previous night. It is the duty of nurses to follow and uphold professional ethics in their day-to-day jobs. However‚ the majority of nurses have seen inappropriate conduct at some point in their careers. A nurse’s inability to
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Case 6-3 Question 1: Westwood’s Gross Margin Percentage is calculated as (sales less cost of goods sold) as a percentage of net sales revenue. For Westwood it’s calculated as follows based on the financial statements (all in millions of dollars): 2010 Gross Margin: (2000-1100) = 900 2010 Sales Revenue = 2000 2010 Gross Margin Percentage = 45% 2009 Gross Margin: (1500 – 800) = 700 2009 Sales Revenue = 1500 2009 Gross Margin Percentage = 46.7% Westwood’s Pre-Tax Return on Sales
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Case Study 1 Springfield Express is a luxury passenger carrier in Texas. All seats are first class‚ and the following data are available: Number of seats per passenger train car 90 Average load factor (percentage of seats filled) 70% Average full passenger fare $ 160 Average variable cost per passenger $ 70
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Assign Case #2 Problem 7-37 (Bhavika Investments) Bhavika Investments‚ a group of financial advisors and retirement planners‚ has been requested to provide advice4 on how to invest $200‚000 for one of its clients. The client has stipulated that the money must be put into either a stock fund of a money market fund‚ and the annual return should be at least $14‚000. Other conditions related to risk have also been specified‚ and the following linear program was developed to help with this investment
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Introduction: In the following assignment I am going to outline the different patterns of development in adolescence such as physical‚ cognitive and socio-emotional in relation to Erik Eriksons Psychosocial development theory. I will then relate them to John’s situation and how his caregivers and other significant people in his life can respond to these needs. I will also identify other supports such as social groups and clubs outside of John’s immediate caregivers which could help support his
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