LongHorn Steakhouse Introduction LongHorn Steakhouse was first founded in 1981 in Atlanta‚ Georgia by George McKerrow‚ Jr. His vision of the restaurant was to provide the most perfect steak‚ but nobody seem to have taken notice of his restaurant until about 1982 when he thought the restaurant was about to not make it . There was ice and storm that hit the south that took a no name steakhouse to what everyone knows today as LongHorn Steakhouse. LongHorn is now part of Darden Restaurants‚
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Intermediate Accounting Test 2 The accountant of Weatherspoon Shoe Co. has compiled the following information from the company’s records as a basis for an income statement for the year ended December 31‚ 2012. | Rental revenue | $29‚000 | | Interest expense | 18‚000 | | Market appreciation on land above cost | 31‚000 | | Wages and salaries-sales | 114‚800 | | Materials and supplies-sales | 17‚600 | | Income tax | 30‚600 | | Wages and salaries-administrative | 135‚900 |
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PROBLEM SET 1 - SOLUTION PROBLEM 1 Part A - Record a liability (and expense) for $800‚000 in 2009. Since the loss has been recorded‚ we don’t have to disclose it. However‚ if the possible loss exceeds $800‚000 (or if the probable loss was a range and we only recorded the minimum) then we need to disclose. Part B - If only 80% of the cans were sold before 12/31/09‚ then record a liability of $640‚000. The recall of the cans sold in 2010 would be disclosed as a subsequent event. Part C - Disclose
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[pic] Class Course Project By Bruce Hatch‚ MS MFCT Instructor: Michael Ross‚ MBA Managerial Decision Making- GM 530 EXECUTIVE SUMMARY I have been in my current career field since approximately 1986. At that time‚ I was employed by a local county in Utah. The job entailed helping juveniles who were being
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1‚ 2‚ 3‚ 4‚ 5‚ 6‚ 10 Problems 1‚ 2‚ 3 Concepts for Analysis 1‚ 2‚ 3‚ 5‚ 11 2. 3. 4. 5. 2 9‚ 13‚ 14‚ 17 7‚ 8 2‚ 3‚ 4‚ 5‚ 10‚ 11‚ 12 13‚ 14‚ 15‚ 16‚ 17‚ 18‚ 19‚ 20‚ 21‚ 22 18 4‚ 5‚ 6 3 2 1‚ 4‚ 5‚ 6‚ 7 5‚ 6‚ 7‚ 8 4 6. 7. Inventory accounting changes. Dollar-value LIFO methods. 14‚ 15‚ 17‚ 18‚ 19 8‚ 9 7 1‚ 8‚ 9‚ 10‚ 11 6‚ 7‚ 10 8‚ 9 23‚ 24‚ 25‚ 26 8-1 ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE) Learning Objectives 1. 2. 3. 4. 5. Identify major classifications
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Intermediate Accounting E2-1 a. True b. False – General-purpose financial reports also assists other people who don’t have the authority to demand financial information they need and so must rely on the information in financial reports. c. False – standards that are based on individual conceptual framework will result in different conclusions being drawn on similar issues‚ and thus would not be consistent and comparable. d. False – General purpose financial reports are also beneficial
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differentiate based on how a company finances its assets‚ ROCE does. ROA does not distinguish between the different types of income items‚ such as income from continuing operations‚ discontinued operations‚ extraordinary items and changes in accounting principles‚ ROCE does. ROCE does not distinguish between the different types of income items‚ such as income from continuing operations‚ discontinued operations‚ extraordinary items
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Online Accounting Courses The difficulties that students can face during an online Accounting course and objectives that could and can assist students in completed the course successfully. The instructor informed the class from the start that he had several courses going on at once; this did provide me with a good feeling in completing the course or even receiving a passing grade. Not being able to get assistance from your instructor is one obstacle that was faced during my
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Oracle is one of the leading companies in the software and hardware industry. Oracle develops‚ manufactures and distributes various kinds of software and hardware systems worldwide. The company was founded in 1977 and is headquartered in Redwood City‚ California. Oracle currently has about 108‚000 full-time employees worldwide. Microsoft Corporation develops‚ manufactures and distributes a range of software products and services for various computing devices worldwide. Microsoft also manufactures
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Sexual Harassment Paper HRM320: Employment Law Prof. Lahargoue DeVry University Online Sexual Harassment Paper It is unlawful to harass a person (an applicant or employee) because of that person’s sex. Harassment can include “sexual harassment” or unwelcome sexual advances‚ requests for sexual favors‚ and other verbal or physical harassment of a sexual nature. Harassment does not have to be of a sexual nature‚ however‚ and can include offensive remarks about a person’s
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