18. Curtis Toy Manufacturing Company is evaluating the extension of credit to a new group of customers. Although these customers will provide $240‚000 in additional credit sales‚ 12 percent are likely to be uncollectible. The company will also incur $21‚000 in additional collection expense. Production and marketing costs represent 72 percent of sales. The company is in a 30 percent tax bracket and has a receivables turnover of six times. No other asset buildup will be required to service the new
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Old Joke by Alan Shapiro ALAN SHAPIRO Radiant child of Leto‚ farworking Lord Apollo‚ with lyre in hand and golden plectrum‚ you sang to the gods on Mount Olympus almost as soon as you were born. You sang‚ and the Muses sang in answer‚ and together your voices so delighted all your deathless elders that their perfect happiness was made more perfect still. What was it‚ though‚ that overwhelmed them‚ that suffused‚ astonished‚ even the endless ether? Was it the freshest
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2004 financial data. By analyzing the two years against each other‚ I have noticed that it appears Laramie Wire may be building up their inventory stores. I state this because their finished goods inventory has went up from $1‚175‚500 to $1‚654‚500 in just that one year. This is an increase of finished goods inventory of 40%. This is something which I believe significant attention should be paid to. The management criteria which I believe is applicable to this issue is the valuation or allocation
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In Walton’s Ancient Near Eastern Thought and the Old Testament‚ he writes‚ “ With no revelation . . . there was no way to know what pleased and what angered . . . This is the plight of those who live in a world without revelation. In the end‚ for all of their conscientious ritual‚ they did not know what deity wanted” (p. 145). Please post a 400-word response to Walton’s statement. Discuss the importance of revelation to God and the biblical writers. Seek to answer questions like “Was it important
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3 Basic manufacturing cost categories: Direct Materials Cost: The materials that go into final product are called raw materials. Direct Labor Cost: The term direct labor is reserved for those labor costs that can be essentially traced to individual units of products. Direct labor is sometime called touch labor‚ since direct labor workers typically touch the product while it is being made. Manufacturing Overhead Cost: Manufacturing overhead‚ the third element of manufacturing cost‚ includes
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you think that your manufacturing job is safe‚ you would be wrong. Throughout your working career there may come a time that you will lose your job or have to change careers due to outsourcing. What is outsourcing? Adams (2006) states‚ "True outsourcing is nothing more that shifting a company’s non-core function to a third party which makes those functions its core competency while delivering economies of scale" (p.1‚ para 5). Companies in the manufacturing sector are resorting
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In many countries‚ the proportion of old people is steadily increasing. Does this have more positive or negative effects on the society? With the development of technology and medical care‚ people now enjoy extended life expectancy. The percentage of elderly people who are over 65 has been increasing dramatically which is as a direct result of longevity. This trend is not only restricted to developed countries where have surging economy‚ advanced technology and relatively completed social welfare
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OLD COINS BRASS TANKA OF DELHI SULTAN MUHAMMAD III Muhammad III bin Tughluq ruled much of India from 1325 to 1351AD. He was a scholar‚ calligrapher and an innovative monarch. Unfortunately he did not always consider the consequences of his innovations. Vast amounts of his treasury was spent trying to expand and consolidate his realm. This only encouraged numerous revolts throughout his realm. He forcibly moved his entire capital and all its inhabitants from Delhi to a more central
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The Living Old Nicole E. Mosley Strayer University SOC100 Prof. Lindsay May 23‚ 2011 With the population of adults 65 and over steadily climbing‚ medical professionals and the healthcare system are struggling to keep up. One major issue concerning the healthcare system is that it is not set up properly provide care for these older adults. The physicians today‚ who regularly see patients‚ focus mainly has been; diagnose—usually in a 15-20 minute office visit‚ treat‚ and cure. Many of
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ADOPTION OF VALUE ANALYSIS IN MANUFACTURING PROCESS DESIGN AND SCHEDULING- ACRITICALL REVIEW OF THE KENYAN CASE. Obiero John Abuto (PhD student) Jaramogi Oginga Odinga University of Science and technology‚ School of Business and Legal studies ABSTRACT Increased desire for optimal financial resources utilization‚ quality service delivery systems‚ competitive manufacturing process scheduling and value chain addition on the overall supply chain has made organization to reorganize their
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