P9-4A Wall Inc. uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts receivable at year end. Number of Days Outstanding Total 0-30 31-60 61-90 91-120 Over 120 Accounts receivable $375‚000 $220‚000 $90‚000 $40‚000 $10‚000 $15‚000 % uncollectible 1% 4% 5% 8% 10% Calculate the total estimated bad debts based on the above information. Total Accounts receivable % uncollectible Estimated bad debts $375‚000 0-30 $220‚000 1% 31-60
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Libor plus 1.5%. Coupons are paid annually. The company will lose if the interest rate (Libor) ____rises___(rises/drops). It is considering hedging risk in the coupon payments with a three-year interest rate swap. It should be paying ___fixed______(floating/fixed) rate interest in the swap deal. b. (Currency swap) A company enters a 2-year currency swap paying fixed rate on euros and receiving fixed rate on Swiss Francs every 12 months‚ then the company will ____gain____ (lose/gain) if the interest
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after research this is a company that owns over 10 major brands of spirits and wines. They hold an influential position in the world of beverages. The following analysis will review Pernod Ricard and explain how they came to be so successful. Pernod Richard started out as four small little companies located in France. All four were concerned with the production of absinthe at one point or another. Pernod began in 1805‚ significantly earlier than the other two companies that would initially make
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statement would not appear to be telling you enough. For example‚ McNealy says the year was a mixed bag with revenue growth of 16 percent. But what about earnings? You can delve further by examining the income statement in Exhibit 1. Also‚ for additional analysis of other factors‚ consolidated balance sheet(s) are presented in Exhibit 2 below. 1. Referring to Exhibit 1‚ compute the annual percentage change in net income per common share-diluted (second numerical line from the bottom) for 2009-2010‚
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and it’s wound being clearly visible to the naked eye. This case became controversial and it is believed that there was racial discrimination and profiling involved because Brenton Butler‚ and young black male‚ was arrested several hours later by police. Police Investigation In the process of the arrest of Brenton Butler‚ there was no extensive investigation done by the police. During the trial‚ this fact was admitted by the officers when Pat McGuiness‚ who was representing Brenton‚ raised the point
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Rebecca Casarez Caddell Comp. 1301 9/23/12 The Company Man In “The Company Man” by Ellen Goodman‚ Phil is a fifty-one workaholic who lost everything to his job. He had lost connection to his family and had no outside or extracurricular activities. In the story‚ Goodman uses repetition‚ precise statistics‚ irony‚ and different viewpoints from his family to show and describe Phil’s life. Once you read the
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An Overview of Kellogg Company Structure and Asia Unit. Kellogg is an American Multinational cooperation based in Michigan. The company was founded in 1906 by W.K Kellogg with the aim of providing nutritious breakfast. It produces cereal and snack foods under famous brands like Corn Pops‚ Frosted Flakes‚ Cheez-it‚ Keebler‚ Rice Krispies‚ Pringles and the newly acquired Kashi brand. It manufactures its products in 18 countries across Europe‚ Asia and Africa and its products are marketed worldwide
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An Open Educational Resource Provided by Victoria University “Marketing: Meeting or Creating Needs?” Developed by Dr Maxwell Winchester Senior Lecturer‚ Victoria University‚ Melbourne Australia Introduction Marketing has often been defined by marketing academics and practitioners in terms of satisfying customers’ needs and wants (e.g.‚ Kotler‚ Burton‚ Deans‚ Brown
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In the fifth sermon‚ Joseph Butler looks at how it is that we are commanded to love our neighbor as ourselves. He argues that that in order to understand how we are to love our neighbor‚ we first need to consider the different meanings that “as thy self” could have‚ such as that we should have a similar affection towards our neighbor as what we have for ourselves. Butler states that our affections toward others should be similar to the affections we have toward ourselves. This means that‚ just as
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It is clear to see that the character Rhett Butler in Gone with the Wind precisely symbolizes the main chacteristics of American. In the conversation with Scarlett‚ he responds her suspicion of his politic intention that “Not a change of heart at all. Merely a change of hide. You might possibly sponge the spots off a leopard but he’d remain a leopard‚ just the same.” Through this saying‚ the personalities of Rhett Butler in particularity‚ as well as of American people in generality‚ are partially
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