Chapter 5 LO1: Describe the objective of financial reporting and identify the qualitative characteristics‚ conventions‚ and ethical considerations of accounting information. The objective of financial reporting is: To provide financial information that is useful in making decisions in assessing; Cash flow prospects‚ Stewardship. * Cash flow prospects: the information needed to make judgments about the entity’s ability to generate cash flows. * Stewardship: the information about the company’s
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0. Preface 1. New-Product Pricing Strategies 2. Product Mix Pricing Strategies - In a relationship with cost and customers’ demand - In a relationship with competitors 3. Price Adjustment Strategies a. Discount and Allowance Pricing b. Psychological Pricing c. Geographical Pricing When marketers talk about what they do as part of their responsibilities for marketing products‚ the tasks associated with setting price are often not at the top of the list. Marketers are much more likely to
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CHAPTER 9 ACCOUNTING FOR RECEIVABLES SUMMARY OF QUESTIONS BY STUDY OBJECTIVES AND BLOOM’S TAXONOMY Item SO BT Item SO BT Item SO BT Item SO BT 5 5 5 5 9 9 1 3 K AP K K K K K K 113. 114. 115. 116. 117. 118. 119. 120. 121. 122. 123. 124. 125. 126. 127. 128. 129. 130. 131. 132. 133. 134. 135. 136. 137. 4 4 5 5 5 5 5 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 7 7 8 K K K AP AP AP AP K K K C
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Assignment in marketing Submitted by: Daproza‚ Star Pearl Angeline M. Submitted to: Prof. Cabrales Course & Section: BSBA MM 1-2 QUESTIONS FOR REVIEW AND DISCUSSION 1. What does “price” mean? Price is the money‚ good‚ or service exchanged for the ownership or use of a good or service. 2. What are the objectives of pricing? Before setting prices‚ the firm’s pricing objectives must first be determined. Pricing objectives may be consist of any of
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Account # Account Title 2013 Unadjusted Trail Balance Debit Credit $ 108‚942.49 $ 45‚522.00 $ 1‚149.19 $ 101‚681.00 $ $ $ 24‚000.00 $ $ 332‚590.00 $ 81‚559.50 $ - 10100 10200 10300 10400 10500 10600 10700 10800 10900 11000 Cash Accounts Receviables Allowance for Doubtful Accounts Invetory Prepaid Expenses Marketable securities Interest receivable Fixed assets Accumulated depreciation Note receivable 20100 20200 20300 20400 20500 20600 20700 20800 20900 21000 Accounts Payable Wages and salaries payable
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*Business Ownership ( Sole Proprietorship / Partnership / Corporation *Activities ( Service Concern / Merchandising (Trading) / Manufacturing *Types of Business (Source of Income) ( Service & Merchandising / Trading {Sole Proprietorship} *Functions of Accounting Work ( Recording / Classifying / Summarizing *Accounting- “art of recording‚ classifying & summarizing in a significant matter and in terms of money; transactions and events w/c are in part at least of a financial character and interpreting
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I. Background of the Study Nom’Nom cupcake is made for people who are fond of eating sweets such as cupcakes but also considering their diet and their health. So we have decided to arrive to an idea to have it a little bit of a twist. We combined fruits and vegetables in our cupcakes not just for a satisfying taste but also for good health benefits it can give to our bodies. We‚ group of students‚ made this not just for the kids but also for teenagers as well as for adults. We‚ group of
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Lecture 7 – Tutorial Questions Tutorial List: 7-1‚ 7-2‚ 7-3‚ 7-4‚ 7-5‚ 7-6‚ 7-7‚ 7-8‚ 7-9 7.1. Kristen Hope asks your help concerning an NSF check. Explain to Kristen (a) what an NSF check is‚ (b) how it is treated in a bank reconciliation‚ and (c) whether it will require an adjusting entry. 7.2. The bank portion of the bank reconciliation for Brasilia Company at October 31‚ 20X1 was as follows. BRASILIA COMPANY Bank Reconciliation
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RealizableValue(-ADA)] Paid-in-capital –Stock Options or –Expired SO’s (Allowance for Doubtful Accts-Cr NAB) Paid-in-capital –Treasury Stock Interest(based on cash‚ not revenue) or Div. Receivable Retained Earnings Other Receivables (from customers‚employees‚IRS‚etc) (Treasury Stock) Inventory or Merchandise [at Lower or Cost or Mk] Accumulated Other Comprehensive Gain or (Loss) (Inventory Purchase Discounts‚ Returns & Allowances) Unrealized Holding Gain or (Loss)-Equity or -SE
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Allstar Brands’ Allround product is a 4-hour multi-symptom‚ over-the-counter‚ liquid medicine used to treat colds‚ coughs‚ and allergies. Allround is typically used at night because of the strength of the medication and because the alcohol and antihistamine helps consumers rest. When LSD&J took over as Brand Managers‚ our strategy was two-fold; grow the top and grow the bottom of the company. Our goal was to make the company strong and stable to ensure Allstar remains one of the top brands of
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