1. Why are Microsoft‚ Intel‚ and other leading for profit companies interested in low-cost computers for the developing world? In 2005‚ Nicholas Negroponte‚ the founder of MIT’s Media Labs‚ announced the One Laptop per Child (OLPC) program at the World Economic Forum. The concept was simple and appealing. Innovate a $100 laptop and distribute it to children in the developing world’s governments. The vision was for bridging the digital divide between developed and developing nations. The OLPC was
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Cost management | Wilkerson Company Case | | 1. What is the competitive situation faced by Wilkerson? The competitive situation faced by Wilkerson is quite severe. Price cutting in its main product has led to a huge drop in profit. While price increase in another product line partially made up the loss. We will discuss the detailed situation line by line. (1) Valves It was the first product line developed by Wilkerson and its high quality brought it a loyal customer base. Even
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Specific Heat Capacities of Metals Experiment Date: 3/28/2012 Report Date: 4/4/2012 Purpose: The purpose of the lab is to measure the specific heat capacities of aluminum‚ steel and brass. Theory: The amount of heat (ΔQ) required to change the temperature of an object is proportional to the mass (m) of the object and the temperature change (ΔT) of the object. ΔQ= cmΔT where c is called as the specific heat capacity of the material. In the calorie units system the unit of quantity of
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CHAPTER 3 COST-VOLUME-PROFIT ANALYSIS TRUE/FALSE 1. To perform cost-volume-profit analysis‚ a company must be able to separate costs into fixed and variable components. Answer: True Difficulty: 1 Objective: 1 Terms to Learn: cost-volume-profit (CVP) analysis 2. Cost-volume-profit analysis may be used for multi-product analysis when the proportion of different products remains constant. Answer: True Difficulty: 1 Objective: 1 Terms to Learn: cost-volume-profit
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outstanding. Sakal’s only dilutive security consists of 2‚500 stock options‚ with an exercise price of $20 per share. The average price of Sakal’s stock is $50 per share in 2010. The options are exercisable for one share of Sakal’s common stock. Pancino’s and Sakal’s separate net incomes for the year are $100‚000 and $80‚000‚ respectively. Required: Compute the amount of basic and diluted earnings per share for Pancino (Consolidated) and Sakal Corporations. 2) Parker Corporation owns an 80% interest
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a) Explain six assessment methods identifying how and when they can be used. Here is my explanation of the six assessment methods that I would choose that work well in my own specialism. Having watch these being delivered on our employability courses I feel these are the ones that work the best with our range of learners. A well written project will help the learner provide evidence of knowledge and skills” Ann Gravells 2008 On the employability courses we find observation is a good way to
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The World’s Population is increasing‚ but not evenly all over the world Aim: To find how the average line of latitude for the world’s largest cities has changed since 1950. Hypothesis: In the earlier years‚ the cities with the highest populations will be in HICs because these countries would have been the most developed‚ and these countries would have also been in the ‘rich north’. Introduction: As the world continues to develop‚ populations continue to increase as well. However‚ the
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„Microeconomics” How entrepreneurs optimize costs of production. Unfortunately‚ the economy hasn’t improved in last few recession years. It is so difficult to live thru these hard times when the recession is overtaking whole worlds businesses. Companies now need to aggressively cut their costs. It’s a survival issue. It is not easy to compete in the market today. Rising prices‚ shifting fuel rates‚ global competition and varying labor rates around the world have made cost control very important
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our human body. In Ruby‚ everything is an object. Every bit of information and code can be given their own properties and actions. Ruby has features that are similar to those of Smalltalk‚ Perl‚ and Python. Perl‚ Python‚ and Smalltalk are scripting languages. Smalltalk is a true object-oriented language. Ruby‚ like Smalltalk‚ is a perfect object-oriented language. Ruby is "A Programmer’s Best Friend". Question: How will you define Ruby programming Language? Answer:
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obtain 2.5 marks per one statement (i.e. this part is for 10 marks). 1. Why is adherence to ethical standards important for the smooth functioning of an advanced market economy? 2. Briefly describe what is meant by enterprise risk management. 3. Describe what is meant by a “pull” production system. 4. Describe the schedule of cost goods manufactured. How does it tie into the income statement? 5. Why are product costs sometimes called inventoriable costs? Describe the flow of such costs in a manufacturing
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