assets | $303 | | | | Net fixed assets | 147 | | Long Term Liabilities | | Total Assets | $450 | | Long-term debt | 24 | | | Total Liabilities | $135 | | | | | | | Owners Equity | | | | Common stock | $114 | | | Retained earnings | 201 | | | Total stockholders’ equity | 315 | | | | Total liabilities and equity | $450 | Income Statement Year 2010 | | | Net sales | $795 | Cost of goods sold | 660 | Gross profit
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words * The purpose of those conditions is to require accrual of losses when they are reasonably estimable and relate to the current or a prior period. Paragraphs 450-20-55-1 through 55-17 and Examples 1–2 (see paragraphs 450-20-55-18 through 55-35) illustrate the application of the conditions. As discussed in paragraph 450-20-50-5‚ disclosure is preferable to accrual when a reasonable estimate of loss cannot be made. Further‚ even losses that are reasonably estimable shall not be accrued if
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Case 12-7 Facts: Rossi Inc.: Asbestos Litigation Liability: The cost of settlement and defensed costs relating to currently pending claims and future claims for losses incurred to date. Liabilities recorded per/as at Dec 31. 2009 2008 2007 Rossi Inc. $962m $1‚055m $469m Thompson (External Specialist) $1124m $1‚055m Internal Actuarial Specialist $907m‚ $1‚184m‚ and $1‚514m The 2007 claim estimate is projected through 2011. The 2008 and 2009 estimate are projected through 2017
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Fo Questioning the Data: Forming a Hypothesis Joshua Loman GCU: EDA 575 Data-Driven Decisions for School Improvement June 26‚ 2013 Hypothesis: Questioning the Data The data shows that a data team is needed. How will this data team help George Washington Community High School raise their test scores? Three things will happen by implementing this team. First a remediation course will be put in place to help raise tests scores. A department team for English and math will be assembled
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Abstract The case study: Cool Waters Year in Review 2008 is a comprehensive case study of an actual firm that is currently operating in Trinidad and Tobago. The Cool Waters case touches aspects of both financial and managerial accounting at an advanced level‚ as well as decision-making at an advanced managerial level. Although it is predominantly fictional‚ it is based on a number of actual events that took place within the local firm. The case material was prepared for students who are currently
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Sell 1500 at 450‚ reject some business from regular customers. TR-VC-FC=PBT Q*MR-Q(VC/Q)-FC=PBT 1500(450)+1500(500) 3000(275) 247500 = 352500 After income taxes 352500 352500(.32) = 239700 Therefore (C) 5. Prices decline by 10%‚ variable costs increase $40/unit‚ no change in FC. Q needed to earn after-tax net income of 107100. After tax income of 107100 requires PBT = X‚ where X (0.32)X = 107100 VC/Q = 315 X = 157500 MR = 450 TR-VC-FC=157500 Q(450) Q(315)
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be done one time and takes 15 minutes. Getting the drop buckets will take 3‚000 minutes (300 x 10). To empty 300 slot machines‚ 15 carts need to be delivered (300/20)‚ and delivering the 15 carts will take 450 minutes (15 x 30). Total time to complete the process will be 15 + 3‚000 + 450 = 3‚465 minutes. This 57 ¾ hours of work. This assumes that only 1 team is doing the work. 2. Draw a diagram of the hard count process. How long should this process take to complete for 300 silver dollar
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Description of HB 450 Over the last few years‚ states have begun to develop legislation to protect healthcare workers from assault. Ohio is no different. House Bill 450 (HB 450) is a piece of legislation introduced by State Representatives Denise Driehaus (D-Cincinnati) and Linda S. Bolon (D-Columbiana) that is aimed at making the crime of assaulting a registered nurse (RN) or Licensed Practical Nurse (LPN) while performing their duties in the workplace a forth degree felony. HB 450 is technically
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9/3/13 Scharffen Berger Chocolate Maker Scharffen Berger Chocolate Maker Company Overview • Scharffen Berger was founded in 1996 by Robert Steinberg and John Scharffenberger. • The chocolate maker in US market competing for $1.2 billion premium quality chocolate segment. • Company had 60 employees and operated from a 27‚000 sqft facility with 20‚000 sqft production area‚ office space of 5‚000 sqft and retail space of 2‚000 sqft * Facing high market demand which is outstripping production
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hand will be accepted only during office hours excluding public holidays. EXAMINATION FEE 1) For General Candidate 2) For S.C./S.T./P.H./V.H. 3) For O.B.C./D.T./N.T./S.B.C. (Only Non-Crea Creamy Layer) Rs.550/ (Including form Processing Fee) Rs.550/Rs.450/ (Including
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