2. Accounting functions This chapter will discuss the organization of Dell in general and provide insights about the Dell business. Will discuss the different stakeholders who are interested in Dell Company and what the key resources of Dell are. Will see the role of accounting within the organization and the accounting software‚ if any‚ they use. 2.1. About Dell Michael dell is the founder for Dell Company. Michael‚ with twenty seven years old‚ was the youngest CEO of a fortune 500company in
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$793‚000($970‚000-$177‚000). The total implicit cost is $190‚000($175‚000+.15X$100‚000). The total economic costs is $983‚000($793‚000+$190‚000). b. The accounting profit in 2010 is $177‚000($970‚000-$793‚000) c. The economic profit in 2010 is $-13‚000($970‚000-$793‚000-$190‚000). d. The owner should not leave his job because the economic profit is negative‚ which means he will earn less if he does his own business. 2. a. The type of agency problem that is involved here is principal-agent problem
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Mothering Sunday. At the moment‚ I’m working on our Father’s Day chocolates. We need to plan each range really far in advance‚ so I start thinking about the Christmas chocolates in January‚ and sign off the range by June or July. We do a lot of market research‚ and hold tasting sessions in stores around the country‚ to give us a snapshot of
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Creativity is unusual stuff MEDIA CULTURE ASSIGNMENT # 3 Write an essay on ethics behind the advertising campaign of one product or company. Explore both sides of the argument and analyze through the lens of marketing ethics. by Ottavia Milani 22.04.2013 “Creativity is unusual stuff: It frightens. It deranges. It’s subversive. It mistrusts what it sees‚ what it hears. It dares to doubt. It acts even if it errs. It infiltrates preconceived notions. It rattles established certitudes. It incessantly
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Problem 1-7/39 Nikolas Benton launched a new business‚ Benton’s Maintenance Co.‚ that began operations on June 1. The following transactions were completed by the company during that first month. 1. N.Benton invested $41.000 cash in the company ( cash‚ equity (owner capital)) 2. The company rented a funitured office and paid $2.200 cash for June’s rent. ( cost‚ cash) 3. The company purchased $1.860 of equipment on credit ( equipment‚ payable) 4. The company paid $780 cash for this
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RESEARCH: Accounting Standard Codification (ASC) 1. FASB had four primary goals in developing the codification. List these four goals: 1. Simplify user access to all authoritative U.S. GAAP by putting them all in one place with codification 2. Assist FASB with the research and international convergence efforts required during the standard-setting process 3. Become the authoritative source of literature for the completed extensible business reporting language (XBRL) taxonomy 4. Clarify that
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1. About non-profits: Briefly describe what type of organization qualifies as a “non-profit” or community benefit organization. An organization that will qualifies as a non-profit organization would be an organization serving homeless individuals with healthcare‚ meals‚ shelter and social services. An example of a non-profit organization in Fresno‚ CA is the Poverello House which offers all the services said above. How does society benefit from having a healthy community of CBO’s? Society
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The SWOT of Non Profit and For Profit By Shelley Coulter Submitted: May 20‚ 2013 Instructor: Olivia Kerr PHI445: Personal & Organizational Ethics (BIJ1316A) Thesis: Believing in who you are and what your purpose in life‚ sets the standards on which you live. Shelley Coulter Introduction The highest ranking professions involve helping people. Among the lowest ranking occupations are those associated with the not profit and for profit organizations. The Mesopotamian Code
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Maycomb’s ‘Unusual’ Disease In the fictional town of Maycomb‚ Alabama‚ the residents seem to have all been infected by the same disease. Harper Lee‚ the author of the very famous novel‚ To Kill a Mockingbird‚ has used several ways of portraying this idea and is able to convince readers that her characters really do have some sort of ‘illness‚’ an illness which affects people’s thoughts on how others should be treated. The novel highlights several issues including racism‚ childhood‚ injustice and
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Stalin’s Five Year Plans What were they The Five Year Plans were a series of nationalized plans for the economic development of the Soviet Union When First Plan (1928-1933) Second Plan (1933-1937) Third Plan (1938-1941) Purpose One of Stalin’s main goals was to increase the output of industrial goods‚ and he placed emphasis on electrical power‚ capital goods (ex. coal‚ iron‚ and machinery)‚ and agriculture. Stalin wanted to make the Soviet Union’s economy self-sufficient
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