How the value of dollar is vaporized Throughout the history of currency‚ the true value of money has always been changing. Even today‚ the value of dollar is changing every day. It is hard to define the value of money‚ for economists‚ they may use gold/silver standard to value money; but in order to be closer to everyday life‚ I will use “milk” as a rule for measuring the purchasing power of money. Milk as an agricultural product‚ its production does not affect by the improvement of technology
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(1) Calculate the firm’s financial ratios for 2007: Vanguard Group 2007 financial ratios 1. Current ratio = current assets/current liabilities = 718‚750/431‚250 = 1.67 2. Quick ratio= (current assets-inventory)/current liabilities = (718‚750-303‚750)/431‚250 = 0.96 3. Inventory turnover= cost of sales/average stock = 1‚362‚480/303‚750 =4.49 4. Average collection period= (average debtors/annual credit sales)×365 = (296‚250/1‚680‚000) ×365 = 64 days 5. Total asset turnover= annual sales/total assets
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11th November 2011 | Date due in: 22nd November 2011 | Unit Title/No: 5 Business Accounting Assignment 4 (written by Ms Groves) | 4. Performing Ratio analysis for SIGNature Ltd what you will learn in this UNIT The unit is divided into two parts. In the first part‚ Assignment 1‚ you developed an understanding of the accounting processes necessary to provide accurate and relevant financial information. The second part of the unit (Assignments 2‚ 3 and 4) cover the practical aspect of carrying
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calculated the financial ratios; financial ratios illustrate relationships between different aspects of a business’s operations.| | | |The acid test ratio provides a stricter definition of the company’s ability to make payments on current obligations. Ideally‚ this ration | |should be 1:1. Sara Lee is doing okay‚ Sara Lee has a ratio for 2010 of
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3–2 Payroll Accounting Employer’s FICA (OASDI) TaxesSuccessor Employer A SELF-EMPLOYED PERSONSelf-Employment Income Self-Employment OASDI/HI TaxesTaxable Year Reporting Self-Employment Income EMPLOYER IDENTIFICATION NUMBEREMPLOYEE’S APPLICATION FOR SOCIAL SECURITY CARD (FORM SS-5)Verifying Social Security NumbersRETURNS REQUIRED FOR SOCIAL SECURITY PURPOSESDeposit Requirements (Nonagricultural Workers) Monthly Semiweekly One-Day Credit Against the Required DepositsThe Safe Harbor
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can’t tolerate discrimination with different religion and race‚ but it can tolerate “all of these discriminatory practices which are being inflicted on women today in Canada Anderson’s essay “The 51-per-cent minority” is a deductive essay. The general principle is explained through the title “The 51-per-cent minority” which is saying even though women account for 51% of Canada’s population they still get discriminated upon. A test case that supports the general principle is when women workers earn
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I. Greek Mathematicians Thales of Miletus Birthdate: 624 B.C. Died: 547-546 B. C. Nationality: Greek Title: Regarded as “Father of Science” Contributions: * He is credited with the first use of deductive reasoning applied to geometry. * Discovery that a circle is bisected by its diameter‚ that the base angles of an isosceles triangle are equal and that vertical angles are equal. * Accredited with foundation of the Ionian school of Mathematics that was a centre of learning and research
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FINANCIAL RATIO ANALYSIS REPORT The fiscal year 2004 was a relatively soft year for Barnes & Noble‚ Incorporated (B&N). Blockbuster nonfiction books that came out during the year may not have come from the company‚ but business remained strong. This is due to the million of books already in the market‚ including phenomenal fiction hits "The Da Vinci Code‚" "The Five People You Meet in Heaven‚" and "The Rule of Four‚" and thousands of new releases during the year. This claim was supported by the
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competitive forces. Which doesn’t belong? THE RELATIVE PROFIT MARGINS BETWEEN COMPETITORS. In general the P/E ratio of a stock INCREASES as inflation DECREASES Which of the lfollowing would most likely affect the P/E ratio of the market in general?1. A significant change in government policy.2. Declining earnings of the S&P 500 companies.3 Investors expectations about inflation changes and becomes either more positive or more negative. The P/E ratio of a particular
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Personal contribution As to personal contribution‚ in fact‚ I haven’t done a lot of work compared to some team members‚ but I do have learnt many new things. I had spent nearly one week learning what our project should be at the beginning of our project. And then Sam and Kyle assigned tasks to Cloud and me‚ such that we two formed the QA team and do testing. Our first task is checking the php file of school module timetable. Firstly‚ I sampled more than 3000 lines of codes and found nothing abnormal
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