Purpose of the Transaction State the reason corporate management has entered into the transaction‚ or‚ alternatively‚ summarize the event that has led to the reporting controversy. (This can be difficult in some practice cases but is usually obvious in the FASB concepts cases.) Phil N. Tropic bought a lottery ticket to participate in a drawing by a local charity. His motive for the purchase is not clear since the purchase may have been made for a chance to win $100-$100‚000 or to support a local
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Running head: SUSTAINABLE SOLUTIONS 1 Sustainable Solutions Paper Katherine Kem DBA Strategy Dr. Robert Hockin‚ Instructor February 21‚ 2010 Running head: SUSTAINABLE SOLUTIONS Sustainable Solutions Paper Walmart has some of the best supply chain methods in the market‚ and is working to become an industry leader in sustainability. Despite this‚ there is much criticism of this ‘giant’‚ and an in-depth look of their organization from a sustainable lens will review their successes‚ failures
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shouldn’t use high-velocity dryer on a poodle‚ as this would cause the hair to dry too quickly and crinkle. This is why you should dry the poodle with a hand held dryer (stretch drying)‚ because you have to brush the hair with up to four brush strokes a second‚ together with warm air as this sets the coat staright‚ this will give the coat a nice fluffy appearance. Another example can be that for breeds that need a flat look‚ like a golden retriever‚ you can kennel or cage-dry until the majority of the
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Content List of illustrations ………………………………………………………………...………..1 A. B. Introduction………………………………………………………………………..….2 Case Study…………………………………………………………………………….2 1. Essential moral standards and norms …………………………………………….2 2. The practical value of different economic ethics concepts ………………………3 3. The RADAR concept ……..………………………………………………...……5 a) Recognize ………………………………………………………………...5 b) Assess …………………………………………………………………….6 c) Decide …………………………………………………………………….8 4. Preparation for the meeting …………….………………………………………
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Should the leased building be accounted for as an asset? Leased building should be recognized as assets‚ because is performed for business use for a longer period than one year. At the time of acquisition of lease rights‚ building should be booked on account named Property‚ Plants & Equipment ( PP&E ) as shown Figure 1. |Assets | | | | |Property‚ plants & equipment | |Dt
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intangibles are given a score between 1-10 (1 being ideal‚ 10 being a disaster). Each factor is given a weight (1-least important‚ 5-most important). The first dimensional analysis was done between Lawrence‚ Massachusetts and Texas (Exhibit B). The second comparison was between Texas and Ireland (Exhibit C). Since Texas is the better location‚ a comparison between Lawrence and Ireland was not done. In this analysis‚ higher numbers are better. Since companies want lower costs‚ the weight for cost became
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sales forecast ought to be based on clearly stated assumptions about future economic conditions. Next‚ they should prepare pro forma financial statements by either assuming that the key items vary proportionately with sales or remain constant (as the case may be). Based on their asset utilization rate‚ they would be able to determine the asset requirements for growth. Some of the funds required to finance growth would be raised from spontaneous sources such as accounts payables and accruals and from
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whereas 50% of its working population is unemployed‚ that is so outrageous. It is shocking to know that a country blessed resources‚ both human and material has to go through this menace. Looking at this situation at hand a line has to be drawn. The solution to unemployment in Nigeria is education. Singapore has the best student in the world why [1]? They employ the best college graduate‚ to be teachers in the primary schools. In order to reduce unemployment of graduates the Nigerian government should
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Benefits of Learning a Second Language Nowadays‚ more and more people choose to learn a second language. The reason why many people are learning a second language is that there are many benefits to study a second language. In short‚ learning a second language has many advantages‚ like getting a good job‚ learning the culture of other countries and keeping good health. In fact‚ learning a second language is more likely to get a good job than others. First of all‚ as the economy becomes more and
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GUIDELINES IN ANALYZING BUSINESS CASES Objectives of the Case Method 1. To make the student become more efficient and accurate in finding the cause and effect of business problems. 2. To train the student become more imaginative in formulating efficient and effective solutions. 3. To help the student apply his own special experience‚ and to handle new situations if he has little or no experience. 4. To develop his skill in interacting‚ cooperating and fostering closer working relations with his group
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