McNair Scholars Research Journal Volume 4 | Issue 1 Article 4 1-26-2012 Governmental Fragmentation in Metropolitan Detroit Kristal D. Davis Eastern Michigan University‚ kdavis48@emich.edu Follow this and additional works at: http://commons.emich.edu/mcnair Recommended Citation Davis‚ Kristal D. (2012) "Governmental Fragmentation in Metropolitan Detroit‚" McNair Scholars Research Journal: Vol. 4: Iss. 1‚ Article 4. Available at: http://commons.emich.edu/mcnair/vol4/iss1/4 This Article is brought
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Managerial accounting chapter 13 garison Question 13-11 Project A Initial Cost = $15‚000 Life of the project = 10 years Annual net cash inflow = $4‚000 Salvage Value = $0 Required rate of return = 16% Item Years Amount of cash flow 16% factor Present Value of Cash flow Annual net cash flow 1 to 10 $4‚000 4.833 $19‚332 Intial Investment Now $15‚000 1 $15‚000 Net Present Value (a-b) $4‚332 Project B Initial
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CHAPTER 2 The Financial Statements BRIEF EXERCISES BE2–1 2008 2008 2008 Beginning Ending Retained 2008 2008 2008 Retained Earnings + Revenues – Expenses – Dividends = Earnings $28.2 + $43.3 – $38.2 – X = $30.6 X = $2.7 2008 Dividends as a percentage of 2008 net income: 2008 Dividends = $ 2.7 = 52.9% 2008 Net income ($43.3-$38.2) $ 5.1 BE2–2 1) Current Liabilities financed $32 billion of the
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Accounting Theory – Seminar 2 Presentation Briefly describe the accounting profession/What is the role of accountants? Accountants analyse costs of operations‚ products‚ and special projects. Compute taxes owed‚ prepare tax returns. Organize and maintain financial records. Suggest ways to reduce costs‚ enhance revenues and improve profits‚ Improve businesses efficiency. Critically discuss the role of the CFO Andy Fastow in the ENRON scandal Fastow created hundreds/ of "special-purpose entities"–off
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CHAPTER 0NE: ANSWER QUESTION ONE: The definition of marketing is the process by which companies create value for customers and build strong customer relationships in order to capture value from customers in return. Furthermore‚ it is more than just “telling and selling” because the marketing now is in the sense of satisfying customer needs. This means if the marketer understands consumer needs and develops the products that provide superior customer value‚ prices‚ distributes and promotes them
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accountants and entities when making a judgement as to not overstate assets and profits as well as not understate liabilities and losses to ensure the reliability of information. Example: 1. Company ABC records its inventory at net realizable value rather than then expected selling price. (iii) Dual Aspect The dual aspect concept can be defined as every transaction having a minimum of two entries into the accounting system. One represented by the assets of the enterprise and the other by the
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2/10/15 Self Study Quiz Self Study Quiz Assignment Name : Whittenburg: Income Tax Fundamentals‚ 2015 “Self Study Quiz”‚ 33e Chapter 01 Show Answers Reset 1. For income tax purposes‚ All reporting entities are taxable. Corporations are reporting entities only. Partnerships are taxable entities only. S corporations are taxable entities only. Both taxable and reporting entities must file tax returns to report their income. 2. The tax formula for individuals contains the following: Gross income
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29‚ 2012 Martha Nussbaum: “Not for Profit: Why Democracy Needs the Humanities” Martha C. Nussbaum is the author of the book‚ “Not For Profit: Why Democracy Needs the Humanities.” The book begins by drawing the reader’s attention by explaining the “Silent Crisis.” She describes education in the eyes of the government‚ and in the eyes of the people. There is a connection made between education and the liberal arts. The title of the book‚ “Not For Profit‚” are three simple words that when put
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Running Head: Non-Profit Assistance for the Disabled Veterans Non-Profit Assistance for the Disabled Veteran Manester Bruno March 1‚ 2015 Author’s Note HS8300- Diversity in the Workplace Literature Review Non-Profit Assistance for the Disabled Veteran Non-Profit Assistance for the Disabled Veteran is important for two reasons. First‚ most veterans who return home after military service will not take advantage of their benefits. These benefits could assist them to better their quality of
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Transaction Cash Net Income a) Purchased $100 of supplies for cash. -100 0 b) Recorded an adjusting entry to record use $20 of the above supplies. 0 -20 c) Made sales of $1‚300‚ all on account. 0 1‚300 d) Received $800 from customers in payment of their accounts. 800 0 e) Purchased equipment for cash‚ $2‚500. -2‚500 0 f) Recorded depreciation of building for period used‚ $600. 0 -600 a)
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