CHAPTER 7 Inventory LEARNING OBJECTIVES 1. Identify what items and costs should be included in inventory and cost of goods sold. 2. Account for inventory purchases and sales using both a perpetual and a periodic inventory system. 3. Inventory is composed of goods held for sale in the normal course of business. Cost of goods sold is the cost of inventory sold during the period. For a manufacturing firm‚ the three types of inventory are raw materials‚ work in process‚ and
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Chapter 1 “So Dark‚ What’s the mission today?” he asked. “Well‚ today‚ we are going out on our own to make sure that we have enough materials. Light‚ you know this‚” Dark answered. It was the truth‚ it was the same mission every day. Try and get into separate bodies. The only way to do this was to get to the Sage of Dawn the Shadow of Twilight. It wasn’t going to be hard at all‚ it wasn’t like they would have to get three spiritual stones‚ the ability to survive in any heat‚ breath in water
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Chapter 2 1. What is the name of David’s community? Who built it? What position does his family hold because of this? The name of David’s community is Waknuk. It was built by Elias Strorm‚ David’s grandfather. Since David’s family made the community‚ they hold the highest position in making the rules and orders of the community. 2. What are the two books that are left to form the society? What kind of society have they created? The two books left to form the society are the Bible and
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000‚ $10‚000‚ $100‚000‚ or $1‚000‚000 ’1 (b) Whm if the inlerest ratc were 669 ’0? 2. (The 72 nile) The number ot years II required for an investment 1.11 imerest rate I to double in value musl satisfy (1 + I yl = 2 Using In 2 = 69 and the approximation In( I + I ) ~ I valid ror small" show that /I ~ 69/i‚ where i is the interest rate percentage (that is. i = 100‚) Using the better approximation In( 1 +‚ ) ~ ‚ - !/2‚ show that lor‚ ~ 08 there holds 11 ~ 72/i 3. (Effective nltes) Find the corresponding
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Case 2.5Alumina Jumps on Bad News 1.Alumina reported an 86.3 per cent fall in first half-year profit‚ and suspended its final dividend. Why did its share price rise by 9.79 per cent on the announcement date? Although the situation in Alumina was extraordinarily difficult‚ Alumina firmly believed that the worst reason behind them is the impact of the global crisis‚ and Alumina were quietly confident that market will begin to improve. In between last November and April‚ Aluminium prices had since rebounded
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Financial Management-chapter 7 solution- Gitman 7-21 Western Money Management Inc. Bond Valuation Robert Black and Carol Alvarez are vice presidents of Western Money Management and codirectors of the company’s pension fund management division. A major new client‚ the California League of Cities‚ has requested that Western present an investment seminar to the mayors of the represented cities. Black and Alvarez‚ who will make the presentation‚ have asked you to help them by answering the
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xi. Move listeners from a strong belief to approval of a specific action 2. Plan your strategy e. Determine your target audience xii. Target audience: with a larger audience ‚ those individuals whom the speaker especially wants to address‚ usually people whose response will determine whether the speech succeeds. f. Assess your audience’s motivation xiii. Motivation: the incentive to do something that requires effort 2. Ex: considering a persuasive
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Home assignment-kotler-12th edition- 2nd chapter CHAPTER 2 : DEVELOPING MARKETING STRATEGIES AND PLANS MARKETING DEBATE—What Good Is a Mission Statement? Take a position: Mission statements are critical to a successful marketing organization versus mission statements rarely provide useful marketing value. MY OPINION:Pro: A well-crafted corporate mission statement reflects the values of the firm as they relate to the community at large‚ its stakeholders‚ its employees‚ and its customers. Once the
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Case 10.4 — Investing for Retirement Executive Summary Retirement plans represent a unique opportunity to divert a portion of income into tax-deferred accounts. This report looks at hypothetical sample data from 194 couples with the aim of gaining a deeper understanding of what characteristics affect this group’s tendency to invest or not invest in retirement plans. First‚ basic tests were performed on provided data to examine if the given characteristics were related to the amount invested
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Frankenstein Chapter 1 and 2 Shelly provides the reader with a background of Frankenstein’s birth‚ childhood‚ parents‚ and how Elizabeth was adopted into the family. 2. Frankenstein’s parents are loving and joyful with the birth of their child. They want to provide the best for all the children they have (blood related and orphan). 3. Elizabeth is a passionate woman who does not know how to follow through with her desires while Victor has a passion for learn‚ especially philosophy‚ and can
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