recognized. Wages expense is recognized as incurred‚ not when paid. March’s utility bill is an expense of March when the obligation was incurred. Income tax provision relates to pretax income. Must be matched with related income. Case 3-2: Lone Pine Café (B) Note: This case is unchanged fro the Tenth Edition. Approach This case introduces students to preparation of an income statement based on analyzing transactions. At this stage‚ students are not expected to set up accounts in the formal sense
Premium Revenue Expense Income statement
SOLUTION FOR LONE PINE CAFE CASE: A)Each of the partners contributed $16000 cash to the partnership and agreed to share in their profits proportionally to what they had invested which amounts to 1/3rd of the total profit. Therefore‚ each Owner’s equity : $16000 cash They signed a one year lease at a nearby cafe called the Lone pine cafe and agreed to pay a rent of $ 1500 every month. The partners borrowed $21000 from the bank . They used $35000 out of their partnership money and
Premium Balance sheet Asset Generally Accepted Accounting Principles
Campus Urdaneta City‚ Pangasinan SY:2012-2013 CYBER CAFÉ MANAGEMENT SYSTEM I. Purpose and Scope of the Study The purpose of the project is to automate cyber cafes. The software must include provisions to keep user details and login history. It should help the café owners to retrieve user details when needed and internet usage in the system. It should be capable of allocating cabins automatically. It should help the café owner in calculating daily usage of the systems and income
Premium Login User Internet
Study 1: 1- How each of the 10 decisions of Operations Management is applied at Hard Rock Café. 1. Design of goods and services: This cafe flexible and unique in its products‚ design and design services in the local market. This shows excellence through a combination of traditional and culture of the local population. 2. Quality Management: It is considered to be one of the most quality strategies. The cafe is of very high quality in food by the operations staff. In the management of the process
Premium Management
Rainforest Cafe‚ Inc: Outline to Rainforest Cafe Research Report CORPORATE BACKGROUND History Formation Rainforest Cafe‚ Inc. was incorporated in Minnesota on February 3‚ 1994 to own and operate restaurant and retail facilities under the name of "Rainforest Cafe - A Wild Place to Shop and Eat." Chairman of the Board and Chief Executive Officer Election. Lyle Berman was elected Chairman and CEO of Rainforest Cafe at its inception in February 1994. Background. Berman has been Chairman and
Premium Chief executive officer Retailing Shopping mall
March 2‚ 2011 Case Studies Essay 3 The White Dog Café After careful consideration of the case‚ “Walking the Walk: Putting Social Responsibility into Action at the White Dog Café‚” we believe that Judy’s main obligation is to find a qualified employee that has the same instrumental values as herself‚ and who can maintain the company’s philosophy of corporate social responsibility. The chapters used in this proactive social responsibility strategy are “Management’s Social and Ethical Responsibility”
Premium Management Business ethics Social responsibility
Title:Ernie’s Cafe Murder Detectives:Hezakya‚ Kaleb‚ Halle We were outside of Ernie’s cafe at about 1:27 PM when we heard a gunshot coming from inside. When we entered there was a dead man named Fannin. Ernie‚ the owner and only employe could only tell us one thing: the murderer had leaned against the wall while firing at pointblank range. The imprint of his hand is in clear view. The cash register has just been rung up at $8.75. The murderer shot with his left hand‚ there is a right hand print on the wall
Premium English-language films Police Rock music
Melanie Ferreira Assignment OIS Opening case: Pinterest 1. Knowledge: Do you consider Pinterest a form of disruptive or sustaining technology? Disruptive technology is a new way of doing something that initially does not meet the needs of existing customers. This type of technology tends to open new markets and destroy old ones. While‚ a sustaining technology produces an improved product that customers are eager to buy. This technology provides better‚ faster and cheaper products on
Premium World Wide Web
At the Northstar Café‚ Enjoy a Bit of Urban Columbus Flavor Established in 2004‚ the Northstar Café has been serving Columbus natural and locally grown foods for over a decade. Their menu features New American cuisine in a comfortable but upscale dining environment. The vibe in the restaurant is a sort of urban casual chic. Everything is clean and modern and tastefully decorated. But it’s the food that keeps customers coming back. The dedication to quality and organic ingredients makes for delicious
Premium Restaurant Food Fast food
Management MW1:00 pm-2:15pm Dr. Segall February 3‚ 2015 Hard Rock Café: Operations management in services Hard Rock Cafe International‚ Inc. is a chain of theme restaurants founded in 1971 by Americans Isaac Tigrettand Peter Morton in London. In 1979‚ the cafe began covering its walls with rock and roll memorabilia‚ a tradition which expanded to others in the chain. Currently‚ there are 191 Hard Rock locations in 59 countries including 145 cafes‚ 21 hotels and 10 casinos. From the case (HRC)‚ I identify
Premium Management Supply chain management Supply chain management terms