COMPREHENSIVE PROBLEM 2 Music-Is-Us A mini-practice set illustrating numerous aspects of the accounting cycle for a merchandising business organized as a corporation. Students are expected to: (1) prepare a bank reconciliation‚ (2) make adjusting entries—including adjustments related to marketable securities‚ uncollectible accounts‚ inventory shrinkage‚ and depreciation‚ (3) prepare an income statement‚ a statement of retained earnings‚ and a balance sheet‚ and (4) assess the financial condition
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1) What is the intended role of each of the institutions and intermediaries discussed in the case for the effective functioning of capital markets? The main role of intermediaries is to fill the information gap between the investors who wish to invest money for higher returns and companies who need financing. Role of Venture Capitalists: The main role of VC is to screen good business ideas from the bad ones‚ invest in a good firm and nurture them until the company exits through a trade sale or
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Project – Why isn’t China a fascinating country? In this paper‚ we shall look at China from different aspects – Economic Growth‚ the One Child Policy‚ Culture‚ Food‚ and Political System. From all these aspects‚ we can understand China’s structure thoroughly and distinguish why China isn’t a fascinating country even though it is one of the leading countries in the world. (1) Economic Growth Since the founding of the People’s Republic of China in 1949 until late 1970s‚ China had lived in a Soviet-style
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modern as today ’s technology‚ yet as old as mankind. The Internet‚ however‚ has expanded the scope and reach of this market mechanism beyond the wildest dreams of its traditional purveyors. Unlike traditional auctions that were limited in scope‚ online auctions have brought this mechanism to the masses‚ providing them with an all-encompassing selection of goods they can buy or sell. In recent years we have seen the emergence of electronic marketplace that leverages information technology to create
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representative democracy and social justice in a well-planned economy.” - Fidel Castro China‚ a predicament of social injustice‚ has been debated upon its coercive form of government over decades now‚ by eminent scholars and experts‚ who have been discussing about China’s future in their everlasting debates regarding the stand China will ultimately have to take in the coming decades. The fact that makes China as such a controversial subject in the world is because of its combination of its incomparable
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A shopping mall is a building or group of buildings that contains stores. The stores are connected by walkways so that consumers can easily walk between the stores. Malls can be built in an enclosed or open-air format. The Grand Bazaar in Istanbul is an early shopping mall dating from the 15th century. In 1819‚London opened a shopping center called the Burlington Arcade. Milan‚ Italy built a shopping center in the 1860s called the Galleria Vittorio Emanuele II. In the United States‚ people began
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Copyright © 2010 Scott Berkun. All rights reserved. Printed in Canada. Published by O’Reilly Media‚ Inc.‚ 1005 Gravenstein Highway North‚ Sebastopol‚ CA 95472. O’Reilly books may be purchased for educational‚ business‚ or sales promotional use. Online editions are also available for most titles (http://my.safaribooksonline.com). For more information‚ contact our corporate/institutional sales department: (800) 998-9938 or corporate@oreilly.com. Editor: Mary Treseler Production Editor: Rachel
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Shopping Malls – Some Advantages As Well As Disadvantages Today shopping malls have totally evolved to catch up with the modern lifestyle of the human beings. Because most people love shopping and loves hanging out within its vicinity despite not buying anything‚ a lot of entrepreneurs are smitten to invest in this kind of business. Although this business is great and has a potential to generate big amount of profit‚ still there are some disadvantages you must note before venturing into this kind
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Differences in Shopping Gender differences in humans can be observed everywhere; one of the most noticeable differences is an activity that many people participate in - shopping. I personally enjoy shopping even though I don’t have a lot of time to do so. When I shop‚ I like to go with my friends because sometimes their opinion on what I’m shopping for matters to me. I find it interesting to see that men and women have completely different shopping habits even though when it comes down to shopping for
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9001:2008 Certified International Journal of Engineering Science and Innovative Technology (IJESIT) Volume 2‚ Issue 4‚ July 2013 Intelligent Shopping Cart Raju Kumar1‚ K. Gopalakrishna2‚ K. Ramesha3 Abstract— An innovative product with societal acceptance is the one that aids the comfort‚ convenience and efficiency in everyday life. Purchasing and shopping at big malls is becoming daily activity in metro cities. We can see big rush at these malls on holidays and weekends. People purchase different
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