Handout Cases on Revenue Recognition CASE 1 The Sea-Soft Water Company distributes its water softeners to dealers upon their request. The contract agreement with the dealers is that they may have 90 days to sell and pay for the softeners. Until the 90-day period is over‚ any softeners may be returned at the dealer’s expense and with no further obligations on the dealer’s part. If the water softeners are damaged while in the hands of a dealer‚ Sea-Soft agrees to accept the return of the
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| |Table of Contents | |Contents |Page | |Introduction |3 | |P1.1- Compare different management styles |4 | |P1.2- leadership
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branding issues encountered‚ the following initiatives are recommended to enhance brand equity through our brand community: Partnership with popular salons‚ to exclusively utilize our product line - building on positive customer-based brand equity through association with another top brand. Hosting information sessions for our target consumers (salons)‚ in order to foster a positive community environment in an intimate setting. Hosting similar events in public spaces such as major malls/fashion
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CHAPTER 2: RELEVANT REVENUES AND COSTS The primary goal of a firm is to maximize profits. This implies‚ of course‚ that each decision a manager makes is consistent with that goal. Although managers are expected to rely on internally-produced reports‚ such as balance sheets and income statements‚ to help them make decisions‚ most of the information that appears on these statements is period-based rather than decision-based. A balance sheet shows the sum total of a firm’s assets and liabilities
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Strengths: Revenue Growth: In 2008‚ FedEx reported revenue of $38 billion; in 2012 the company reported revenue of $42.7 billion‚ representing a year over year annual growth rate of 2.96%‚ and while this may not seem like an explosive number‚ the caliber of growth is solid and expected to accelerate into the future‚ with 2015 revenues reaching nearly $49 billion. Established Distribution System: The company possesses a massive fleet of airplanes‚ trucks‚ locations‚ and employees‚ and is distinctly
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REVENUE IN PRINT MEDIA Print production is measured on its quality‚ timeliness and effectiveness‚ whether it’s a brochure or packaging or a magazine advertisement. But when something in the production process goes wrong‚ it can not only cause delays but also increase cost and impact quality. The challenge for print buyers is to manage print jobs efficiently through procurement and production while guaranteeing consistent quality and on-time in-budget completion. This requires specialized expertise
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and financial statements of the Patton-Fuller financial information. This paper will summarize the relationship between revenue sources and expenses and explain the effect of revenue sources on financial reporting and reviewing the annual reports of 2008-2009‚ and the differences between the audited and the unaudited statements‚ as well as determine how the hospital’s revenues and expenses are grouped for planning and control. How did the audited and unaudited financial statements differ? After
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The Developing Child In this essay I will discuss communication and language development along with intellectual development and learning for children aged 0-3 years and then children aged 3-7 years. I will follow with a discussion on Vygotsky’s and Piaget’s theories in relation to language development relating to communication and intellectual development for children at these ages. I will then explain how observations can be used to support planning to meet the child’s needs. I will
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In this paper‚ I will be explaining my perception of my community placement in the context of community as partner by reflecting on my interactions with a target group of the population which include pre and post natal mothers who are in vulnerable situations in the community. I will also describe this group of population using various sources and share some experiences which helped me gain an insight into their lived experiences and the health issues and concerns within this group with the intention
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UNDERSTANDING THE REVENUE ALLOCATION FORMULA New Nigerian September 5‚ Daily Champion Sept.6‚ Daily Trust Sept.7‚ Leadership Sept. 7‚ Sunday Tribune Sept. 10‚ Daily Sun Sept 12‚ Vanguard Sept.15&10‚ Daily Independent October 4‚ 2006 It was my last official outing as Head of Public Relations at the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) when I joined other members of the Commission to the inauguration of a Special Committee on Revenue Allocation constituted by Federal
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