7‚ & 8 A - They have different missions (1) C - Provide services to constituents (3) C - There may not be a direct relationship between revenues raised and the demand for the entity’s services (4) B - GASB (5) D - Do not issue common stock (7) Ch. 2: Question for Review and Discussion 12. In addition to answering question 12‚ provide a response in 150-350 words differentiating between a budget and a Comprehensive Annual Financial Report (CAFR). What is a CAFR? What are its main components? The
Premium Financial statements Generally Accepted Accounting Principles
Question 1.1 Tried and True Clothing has opened four new stores in college towns across the state. Data on monthly sales volume and labor hours are given below. Which store location has the highest labor productivity? Blacksburg 12‚000/60=200 Problem 1-2 Tried and True’s accountant (from Problem 1-1) suggests that monthly rent and hourly wage rate also be factored into the productivity calculations. Annandale pays the highest average wage at $6.75 an hour. Blacksburg pays $6.50 an hour‚ Charlottesville
Premium Costs Productivity Wage
MKT 571 Week 1 Quiz 1 What data analysis type is being used here? When Sam thought about opening a foreign car repair shop in Phoenix‚ he researched all of the firms in the area before deciding on a location. He also analyzed their capabilities and found articles about many of them in terms of their capabilities‚ strengths‚ and weaknesses. 2 Secondary data Primary data Licensed information Tertiary information Marketing is considered both an art and a science. How do the 4Ps‚ or marketing
Premium Marketing
larger quantities at a cheaper cost to the consumer. High risks are associated by these modified vaccines causing deadly nerve disease‚ respiratory infections‚ and myalgia just to name a few that are labeled on a GMO vaccine to fight Influenza. 2. What are your personal thoughts on genetic engineering? Do you think genetic engineering provides useful information for the scientific investigation of our natural world or do you think that we should not "mess with Mother Nature"? Explain and support
Premium Influenza Genetically modified food Immune system
Laws of Supply and Demand Derrick Laron Gibson ECO/365 August 7‚ 2014 University of Phoenix Laws of Supply and Demand Your author has been given the responsibility of completing the demand and supply simulation and then discussing his thoughts on several questions presented before him. These questions deal heavily on microeconomics and macroeconomics with regards to managing approximately 3000 two bedroom apartments and their rentals. Your author will now address the questions as they were
Premium Supply and demand Economics Microeconomics
balance” (Hoeger and Hoeger‚ Chapter 5‚ p. 163). Drawing from the quote above‚ please use the outline below to create an Empressr (Empressr Instructions) presentation this week: 1. Describe the current obesity trends in the United States. What factors have lead to this epidemic? What health issues have resulted from it? 2. Discuss the consequences of excessive body weight. How are individuals affected physically and emotionally by overweight and obesity? In addition to the increased risk
Premium Obesity Overweight Hypertension
2010 2009 Current Assets: Cash $ 9‚000 $ ? Accounts Receivable 14‚000 18‚000 Inventory 23‚000 20‚000 Total Current Assets 46‚000 45‚000 Fixed Assets 73‚000 66‚000 Less: Accum. Depreciation (28‚000) (26‚000) TOTAL ASSETS $ 91‚000 $ 85‚000 Current Liabilities: Accounts Payable $ 11‚000 $ 6‚000 Wages Payable 3‚000 4‚000 Income Tax Payable 5‚000 4‚500 Total Current Liabilities 19‚000 14‚500 Long Term Bonds Payable 20‚000 23‚000 TOTAL
Premium Generally Accepted Accounting Principles Balance sheet Asset
C:2‑3 Bruce and Bob organize Black LLC on May 10 of the current year. What is the entity’s default tax classification? Are any alternative classification(s) available? If so‚ (1) how do Bruce and Bob elect the alternative classification(s) and (2) what are the tax consequences of doing so? If Bruce and Bob are the only owners by default they will be billed as if they were a partnership. If they chose to‚ they could be taxed as an S Corp. The choice between the two is based on their expected income
Premium Taxation in the United States Tax Asset
Net pay is gross pay minus deductions. Assume that deductions are taken for tax withholding (30 percent of gross pay) and parking ($10 per month). You will need the following variables: Analysis Process: 1. Display a program title. 2. Prompt for the Employee ID 3. Prompt for the Hourly rate. 4. Prompt for Regular hours. 5. Prompt Overtime hours. 6. Add net and subtract tax’s equal gross. 7. Divide tax to gross. 8. Display the net. Input: Item Employee
Premium Real number Integer Output
add in profit. 4-1. Solution: Philip Morris Beginning cash $100‚000 – Asset buildup (250‚000) (1/2 × $500‚000) Profit 90‚000 (9% × $1‚000‚000) Ending cash ($60‚000) Deficit 2. Growth and financing (LO4) In Problem 1 if there had been no increase in sales and all other facts were the same‚ what would Philip’s ending cash balance be? What lesson do the examples in Problems 1 and 2 illustrate? 4-2. Solution: Philip Morris (continued) Beginning cash $100‚000 No asset buildup ----- Profit 45‚000
Premium Variable cost Fixed cost Costs