Merck Consolidated Balance Sheet | | | | | | € million | ------------------------------------------------- Note | ------------------------------------------------- Dec. 31‚ 2012 | ------------------------------------------------- Dec. 31‚ 2011 | ------------------------------------------------- Jan. 1‚ 2011 | 1 | Previous year’s figures have been adjusted‚ see Note [5] | | Current assets | ------------------------------------------------- | -------------------------------------------------
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SECTION A Answer any FOUR questions from this section. Each question carries 10 marks. 1. a. Explain the following accounting concepts and illustrate each with an example: i. Historical cost ii. Stable monetary measures (5 marks) b. For each of the independent situations described below‚ list the accounting principle or concept that has been violated and give your explanation: i. Andy Company accrued interest expense on the personal bank loan of the owner at year end
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COMP 211 DATA AND SYSTEM MODELING (PROB/STAT) Spring 2012 Assignment #2 Due: Monday‚ 5pm‚ 4/16/2012 Total points: 200 (each question 20 points) Please submit a softcopy (in PDF format) of your assignment to WebCT before the deadline. Late penalty: within 24 hours after the deadline: ‐20%; after 24 hours: 0 point. Question 1: [20 points] A film-coating process produces films whose thickness are normally distributed with a mean of 110 microns and a standard deviation of 10 microns. For a certain application
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ARE CREDIT CARDS REALLY HELPFUL? Money has always been an issue of extreme importance to everyone and especially to business-minded people who strive on having more and more of it in everyway possible. Ways to deal with finances in all its aspects have preoccupied the minds and legal thinkers of financial companies all over the world. In the late 1960’s‚ banks started introducing credit cards and this started a "credit card boom" that is continuing until now. There are so many types of
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Achieving Competitive Advantage with Information Systems Lecture Note 003 TIM50‚ 2012 Autumn Announcements 1. HW # 1 due Next Thursday paper or electronic submission(Web page) 2. Business Paper Preferences ‚ Due 10-11-2012(Web Page) 3. Computer Lab Hour(if you know Microsoft Access‚ You may not attend) Date Time : Oct 10 and 11 : 08:00 -09:30 PM Location: Baskin Engineering Building Room 109 Instructor: TAs. * Due to space limit: you should arrange Date and time(All class are same)
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Normal What is normal? In my opinion‚ there is no definite answer to this question. Normal is a word that is relative to time and space. Normal is‚ and always will be‚ in a constant state of change‚ today’s normal is not the same as twenty years ago‚ and it will be different ten years from now. However when you consider the way this word came about‚ you may be surprised. Normal comes from the Latin word normalis‚ which refers to a carpenter’s right angle. When you think of a right angle‚ it is
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Finance p. 183 Combined Yearly Combined Income Estimate Category Vicki Tim Assets Checking Account Car 401K Income Gross Annual Salary After-‐Tax Monthly Salary (Monthly Take Home Pay) Liabilities Student Loan Credit Card Balance Monthly Expenses Rent Food Student Loan Credit card payments Entertainment Wedding Expenses Gas / Repairs Retirement Savings 401k 10500 2500 25000
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Credit Card Fraud: Prevention How can you prevent credit card fraud? New technology makes it harder and harder to prevent credit card fraud because thieves are always discovering new ways on how to crack and steal credit card and bank account numbers. There is no prevention that can stop credit card fraud 100% of the time‚ but there are ways of helping prevent this from happening. There are many ways and tips that can help prevent this from happening. One way is that credit card companies are
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•H.P.Gautam The purpose of this article is not to explain any more the usefulness of normal distribution in decision-making process no matter whether in social sciences or in natural sciences. Nor is the purpose of making any discussions on the theory of how it can be derived. The only objective of writing this article is to acquaint the enthusiastic readers (specially students) with the simple procedure ( iterative procedure) for finding the numerical value of a normally distributed variable. The
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1. Sully Company uses 3‚000 yards of canvas each day to make tents. It usually takes ten days from the time Sully orders the material to when it is received. If Sully’s desired safety stock is 12‚000 yards‚ what is Sully’s order point? a. 12‚000 yards b. 21‚000 yards c. 30‚000 yards d. 42‚000 yards ANS: D 3‚000 (daily usage) x 10 (lead time) 30‚000 Safety stock 12‚000 Order point 42‚000 PTS: 1 DIF: Moderate REF: P. OBJ: 1 NAT: IMA 3A - Strategic Management TOP: AACSB - Analytic 2. What
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