1. [Sales Growth Rates‚ Sales‚ and Profits] Petal Providers Corporation opens and operates “mega” floral stores in the U.S. The idea behind the super store concept is to model the U.S. floral industry after its European counterparts whose flower markets generally have larger selections at lower prices. Revenues were $1 million with net profit of $50‚000 last year when the first “mega” Petal Providers floral outlet was opened. If the economy grows rapidly next year‚ Petal Providers expects its
Premium Profit margin Profit Revenue
Profit Maximization Marginal revenue is the change in revenue which comes from the sale of an additional unit of output. The relationship with total revenue is that total revenue is used in the formula to calculate marginal revenue. A company can calculate marginal revenue by dividing the change in total revenue with the change in output quantity. Because of demand‚ as production quantity increases the revenue per unit will decrease. On the other hand‚ marginal cost is the change in the total
Premium Profit maximization Marginal cost
Cruel and Unusual Punishment The simplest definition of the word murder is the killing of one human being by another. Coincidentally‚ the definition of capital punishment is the same. Since childhood‚ the act of murder has been ingrained in our minds as unethical and wrong. So why then do states continue to use the death penalty? The question is widely debated but the answer is simple. Capital punishment needs to be abolished on the grounds that it carries dangerous risks of punishing innocent people
Premium Capital punishment Crime Prison
Shakespeare’s play Julius Caesar presents conflicting perspectives of Julius Caesar’s death. Shakespeare employs a variety of dramatic and language techniques to enhance the contrasting views of the assassination. Similarly President Bush’s Address at the 5th Anniversary of 9/11 and the article War is not a solution for Terrorism by Howard Zinn‚ deals with differing views of US occupation in Iraq. Shakespeare’s tragedy Julius Caesar clearly presents conflicting perspectives of the assassination of
Premium William Shakespeare Julius Caesar Augustus
raised by the transformation from U.S. Generally Accepted Accounting Principles (US GAAP) to International Financial Reporting Standards (IFRS) in the timber industry. I will cover the following topics: different accounting treatment under U.S. GAAP and IFRS‚ the influence on investment decisions‚ Plum Creek’s reason for the opposition against transformation‚ and conclude with my preferred accounting treatment under different roles. ACCOUNTING TREATMENT The concern is mainly on recognition of the
Premium Generally Accepted Accounting Principles Financial statements Balance sheet
characteristics of financial information. The threshold quality of materiality is not easy to define and can be misunderstood. Similarly‚ the concept of prudence is not clear-cut and can conflict with neutrality. In addition‚ relevance and reliability can be conflicting targets and a trade-off needs to be made between the two. Required: Write an essay that draws on the above arguments in relation to the concepts of materiality‚ prudence and neutrality‚ and relevance and reliability
Premium International Financial Reporting Standards Balance sheet International Accounting Standards Board
Chapter 1 Financial Accounting and Accounting Standards Intermediate Accounting‚ 15th Edition Kieso‚ Weygandt‚ and Warfield 1 Financial Statements and Financial Reporting • Goals or purpose of (financial) accounting – Identification‚ measurement‚ and communication of financial information about – An economic entity to – Interested Parties (internal and external) • Creditors‚ managers‚ unions‚ government agencies Financial reports (statements) & notes 2 Financial Statements
Premium International Financial Reporting Standards Financial Accounting Standards Board Financial statements
How Does the Media Impact an Athlete‚ University‚ or Organization in Generating a Profit? Media and marketing through the media is the reason that not only college sports‚ but any level of sports generates majority of their money. The money is generated because the media increases product sales‚ fan gear‚ fan base and ticket sales. At any level and area‚ in order to make money you must properly market. Since 1849 when a telegraph was used to cover a boxing match‚ media has been
Premium Super Bowl Super Bowl XLIII National Football League
Principles Of Research: A critical review of research papers This paper attempts to discuss two methodological approaches quantitative and qualitative. I will be critical reviewing and relating this assignment to two research papers‚ in relation to parental mental health and child welfare. Research A (Quantitative) is about; ‘Relationship between stressors and parenting attitudes in a child welfare parenting program’. Research B (Qualitative) is about;
Premium Qualitative research Scientific method Quantitative research
Corporate Accounting III Assignment 2 Question 1: What is the difference between direct and indirect NCI? Under AASB127‚ the group is required to prepare the consolidation statement when parent entity acquires shares in the subsidiary. There are two parties who own shares in the subsidiary if it’s not a wholly-owned subsidiary consolidation. One is the parent entity while the other is non-controlling interest. Non-controlling interest (NCI) is defined as “the portion of the profit or loss and
Premium Generally Accepted Accounting Principles Balance sheet Stock market