TrueBlood Case – Rough Waters Ahead 1. How should Smooth Sailings’ management perform the recoverability test for the cruise ship as of December 31‚ 2010? In addressing this question‚ consider: The following are the required steps to identify‚ recognize and measure the impairment of a long-lived asset (group) to be held and used: Step 1: Indicators of impairment — FASB ASC 360-10-35-21 “A long-lived asset (asset group) shall be tested for recoverability whenever events or changes in circumstances
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Subject: Susan: E-mail Hello Susan‚ This email is being sent in regard to the information requested‚ presenting the differences between technical writing and expository writing methods. The writing elements to be covered in this email are related to the following aspects of writing: • Audience • Formatting • Purpose • Tone • Personal Experience I am certain you will find the following information to be of value and this email will serve its intended purpose‚ to verify
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Valuation of Goodwill: 1) Hitesh and company decided to purchase a business. The profits for the last four years are: 2006-Rs.60‚000 2007-Rs.75‚000 2008-Rs.72‚000 2009-Rs.69‚000. The business was looked after by the management. Remuneration from alternative employment if not engaged on the business comes to Rs.9000 p.a. Find the amount of goodwill‚ if it is valued on the basis of 3 years purchase of the average net profit for the last four years. 2) Following particulars are available in respect
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Email Etiquette I feel that email etiquette is very important these days because we use this method frequently. I think that it is more important to businesses to use these practices because of the standard of customer service. Email etiquette can assure that you get your point across to the consumer without overwhelming them or even being inappropriate. These listed below are the main three components to email etiquette and I agree strongly with the concept: * Professionalism: by using proper
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KELLER GRADUATE SCHOOL OF MANAGEMENT WEEK 2 EMAIL ASSIGNMENT INSRUCTOR: PROF.Wendy Finlay BETUL OZTURK SEPTEMBER‚ 2012 MESSAGE 1 Sender: Thomas Jans‚ HR Assistant To: You Subject: Happy Anniversary! Message: Good morning! I looked at my calendar and noticed that today is your fifth anniversary. Congratulations! How is everything going? Do you have any questions? Let me know if you would like to sit down and review your 401k and benefits. Have a Great Day! Thomas
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Discuss the difficulties relating to the recognition and measurement of intangibles generally and of brands in particular. Intangible assets are getting more and more important to companies or businesses. The reason for this is that the economy has changed from being industrial to knowledge-based. It is no longer the industrial value chain that creates value; it is innovation and constantly seeking new ways of meeting market demands. Companies can no longer differentiate themselves or create competitive
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2) Grant Thornton IFRS Page 40. Expenditures related to research are expensed as incurred. Internally generated intangibles representing development shall be capitalised if certain conditions are met. Page 41 Research costs shall be expensed as incurred (IAS 38.54). Intangible assets arising from development shall be capitalised if an entity can demonstrate all of the following: Technical feasibility of completing the intangible asset
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Human Resource Management Strategy：Intangible assets Talk about ‘strategy’ we can trace back to a general Greek word ‘strategos’. It means ‘army’ and ‘lead’. (Bracker‚ 1980 cited in whittington‚1993). The same as the case of HRM‚ traditional HRM not taken serious until it undergo the test of time. Intangible assets include trademark‚ copyright‚ business secret and so on. Human Resource is the significant intangible assets of enterprise competition ability today. Sometimes intangible assets are
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1. The success of Miele comes to question when the company persistence in staying in German which known as high-cost country‚ while its competitors has outsourced to low-cost country. Moreover‚ Miele also producing its own producing machine‚ which result in bigger production cost and higher product price. Aiming on customer loyalty‚ superior value must be delivered along with the superior performance. Narver and Slater (1990) said there are 5 components which composed those things‚ which are:
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Intermediate Accounting Project Issue 1(FASB ASC 230-10-50) Some transactions are part cash and noncash; only the cash portion shall be reported in the statement of cash flows. Non-cash activities are reported in the footnotes of the cash flow statement or reported parenthetically MEMO: After researching the proper treatment of this transaction in relation to cash flows‚ I found the following information: • The cash flow statement includes only inflows and outflows of cash and cash equivalents;
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