1. What is the FASB Accounting Standards Codification? The FASB Accounting Standards Codification® is the source of authoritative generally accepted accounting principles (GAAP) recognized by the FASB to be applied to nongovernmental entities. 2. When did the codification become effective? The Codification is effective for interim and annual periods ending after September 15‚ 2009. 3. The FASB had three primary goals in developing the Codification. Identify them. a.
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Name Chapter 4--Profitability Analysis Description Instructions Modify Add Question Here Question 1 Multiple Choice 0 points Modify Remove Question One important difference between return on assets (ROA) and return on common shareholder’s equity (ROCE) is Answer ROA does not 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
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Using suitable examples define barriers to entry. Explain how barriers to entry affect our firm’s profits. Before a firm can compete in a market‚ it has to be able to enter it. Many markets have at least some impediments that make it more difficult for a firm to enter a market. A debate over how to define the term “barriers to entry” began decades ago‚ however‚ and it has yet to be won. Some scholars have argued‚ for example‚ that an obstacle is not an entry barrier if incumbent firms faced it when
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double entry accounting system‚ a business transaction affects at least two accounts and the debit and credit amounts recorded for the affected accounts must be balanced. These transactions will be recorded in the appropriate books of accounts. Business entities develop a chart of accounts‚ a list of account titles with their corresponding account codes that the business will use in recording and posting in the books of accounts and in reporting in the financial statements. Double entry system:
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few helping examples‚ this article is not about binary numerals. The main interactive circuit at the top of this page is an arithmetic circuit capable of performing both addition and subtraction on any two 4-bit binary numbers. The circuit has a Mode switch that allows you to choose between adding (M=0) and subtracting (M=1). To understand why this circuit works‚ let’s review binary addition and binary subtraction. We use 4-bit numbers in the examples because the main interactive circuit is a 4-bit
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The Giver Journal Entries 1st Journal Entry: 1) Describe your idea of a perfect world. include all important information. My idea of a perfect place would be perfect in my mind. You would have endless money and do mostly whatever you want. The government would not be generally strict but it would be very law-enforcing. Although the laws would not be very strict the laws would be very serious. Some of them would be like no killing and no smoking and other things that are problems in our regular
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A comparison between advertising agencies’ and PR agencies’ internationalization motives and entry modes - Eight cases from Sweden 1. Abstract The firm internationalization literature is extensive‚ but dominated by studies of technical‚ often large‚ firms. The service firm internationalization literature is slowly growing. Few international contributions are found investigating the advertising industry and no such studies focus on the Swedish market. The PR industry has been internationally
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Journal entry 1-Culture: The Cultural aspect of One Hundred Years of Solitude by Gabriel Garcia Marquez that I found that the Gypsy culture had a great affect on the plot of the story. When the gypsies came into Macondo and brought and shared their findings it changed the perspectives of the people in Macondo. The person who got most influenced by the gypsies was Jose Arcadio Buendia‚ he was mostly influenced by Melquiades‚ Jose Arcadio Buendia was so amazed of what Melquiades would bring everytime
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In the entry from the 2 of January‚ 1944 Anne was reading some of her old diary entries and noticed one about mummy. In that diary entry Anne was mad at her mother. She didn’t like her mother at the time. First in the entry she found she saw the word hate and she thought “Anne‚ is it really you who mentioned hate?” She said that “she was furious with mummy and sometimes is now.” While she’s reading this she thought”..... It is certainly understandable that she made me snap.” In the entry it says
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CHAPTER 8 Valuation of Inventories: A Cost-Basis Approach ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics 1. Inventory accounts; determining quantities‚ costs‚ and items to be included in inventory; the inventory equation; balance sheet disclosure. Perpetual vs. periodic. Recording of discounts. Inventory errors. Flow assumptions. 10‚ 11 7 12‚ 13‚ 16‚ 18‚ 20 4 5‚ 6‚ 7 Questions 1‚ 2‚ 3‚ 4‚ 5‚ 6‚ 8‚ 9 Brief Exercises 1‚ 3 Exercises 1‚ 2‚ 3‚ 4‚ 5‚ 6‚ 10 Problems 1‚ 2‚ 3 Concepts for Analysis 1
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