Reporting Income for Dot-Coms Priceline.com 1. Under the current system of accounting‚ the company would record revenues of $250 as they are the merchants to the transaction and $200 (80% of transaction value) as their cost of goods sold. 2. Alternatively‚ the company can net off the effect and show $50 (20% of transaction value) as their commission revenue. 3. If I were the CFO‚ I would recommend to opt for the first method of revenue recognition because it would show better
Premium Generally Accepted Accounting Principles Revenue
"What Kind Of World Do You Want To Live In?" If we are able to create a world of our own we would that world with everything we like and erasing everything that we dislike. But that world could change based on our ages. So like every normal people I have my own world in my mind since I was little. Since my dream is to become a scientist I want to be the creator of every single thing in my own world. I want to protect my own world like "Super Man" protects the earth. And I want to erase every disease
Premium Poverty Africa 21st century
“Fashion starts from you” It is truly said that fashion always starts from us (people) it is a temporary phase of materialistic life‚ which is highlighted and adopted by the consumers as a style or trend. From the production to runways and to the final consumers it goes through several processes‚ which are know as product development process. Executive Summary Ever since Guccio Gucci founded the house in Florence in 1921‚ the brand has been a destination for the world’s most discerning men
Premium Gucci Leather LVMH
of way‚ it starts to bring drama and make some people do crazy things. Sometimes people mess with other people on the internet and make them hurt themselves. In my life I’ve learned many lessons. One lesson that has stuck to me and is important to me is to think before speaking and acting. I’ve learned this lesson from many experiences I had. One experience was when I was in middle school and I thought I could do and say whatever I wanted to the teachers but I couldn’t. I kept getting in trouble
Premium Family Debut albums Psychology
Do you believe in the 10000 rule? Do you think that to turn into a pro in whatever you’re doing requires 10000 hours of practice? I believe that to achieve greatness in something‚ 10000 hours of practice is a must. Some people do not agree with this concept. They say‚ “I was born naturally talented.” People can be born with talent‚ but that does not mean they are masters by no means. You have to constantly work at your specialty to get to the next level. Hard work is what shapes a person. If you
Premium Employment Management Learning
How do you interact with others? Are you accepted into a prestigious group? Or are you singled out? In these stories there have been many different personalities & groups they are all accepted indifferent ways In these excerpts”American flag stands for tolerance‚Texas V Johnson majority rule and What of the goldfish do you wish? All three have examples of acceptance that lay a very big role in the story‚each story has very different characters.A character in each has been accepted in some form
Premium The Old Man and the Sea Fishing Fish
What do you understand by library management software? Computerisation in Libraries The library is one of the oldest types of institutions in our society. It is in the midst of rapid change in recent times. The changes mirror those going on in other institutions and also in the society as a whole. Most modern libraries move beyond their traditional role as custodians of books and integrate new methods of storage and transmission of information. Modern libraries must link the users with the
Premium Library Librarian
Would you call yourself a leader? Why or why not? I would not call myself a leader because I see myself more of a follower. To me‚ the definition of a leader is someone who is challenging the process‚ who take risks‚ and challenge opportunities. These characteristics does not describe me because I am afraid of challenging myself. I do not like to take risks because I do not like to fail. Instead‚ I am more of a follower. I have role models who I look up to and learn from them. They inspire me and
Premium Leadership Management Fiedler contingency model
WHAT FIELD OF STUDY WILL YOU PURSUE AND WHY HAVE YOU CHOSEN THIS AREA AND CAREER PATH? The world today is faced with enormous energy challenges in all ramifications. The ability to proffer solutions to these problems makes us a veritable tool in the society and it depends solely on the amount of information we have per time. Since childhood‚ the studies of science and basic engineering have interested me profoundly. I had passion for repairing simple devices‚ knowing their content and how they
Premium Petroleum
HELEN: What do you say‚ Emma? EMMA: Thank you‚ Aunt Julie. Janice approaches to the table with the bowl of soup for Aunt Julie‚ and she spills it on her accidentally. JULIE: Stupid maid! You don’t know how to do anything right? Julie slaps Janice in the face. EMMA: Don’t do that to my nanny! HELEN: Silence‚ Emma. Janice runs into the kitchen‚ crying. Emma enters to the kitchen‚ just behind Janice. EMMA: Are you okay‚ Nanny? JANICE; Yes‚ Miss Emma. Go back to the dining
Premium 2006 singles Debut albums 2001 singles