2. How should the company recognize revenue based upon the two possible FOB structures mentioned in the case? According to GAAP‚ four conditions must be met in order to recognize revenue: 1. Persuasive evidence of an arrangement exists: although the case does not provide extra information on this aspect‚ it seems clear that there is an ongoing relationship between Biovail and the Distributor and that certainly there was a bill‚ purchase order and/or invoice in order to support this sale.
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right to use the access road which is private and currently owned and used by Farmer. Farmer has agreed to maintain the road so that it meets standard conditions of safety and functionality. Issue(s) 1. Should Digger Corporation account for the right-to-use contract as a lease? Analysis of Issue 1: Should Digger Corporation account for the right-to-use contact as a lease? Digger must determine whether or not the arrangement set forth in its contact with Farmer should be classified as a lease and
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food safety practices‚ share at least 2 statements from the interactive quiz. Be sure to put these statements in your own words and explain why they are helpful in preventing food borne illness. An example would be: When dining from a buffet‚ make sure hot food is hot and cold food is cold. Food that is 40 – 140 degrees Fahrenheit has already begun to grow bacteria and pathogens. Clean (16 points): 1.Keeping your hands clean keep you from getting ill. 2.Keeping your surfaces clean after cooking
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Unit 2 Assignment 1: Homework Short Answer 1. What does a professional programmer usually do first to gain an understanding of a problem? (The wording of this question has me a little stumped so I’ll give you all the answers that are running through my head and see if that is what you are looking for here) a. Should “problem” = program assignment of some sort‚ than the first step would be to design the basis of the program in pseudocode to gain a clear picture of what kind of commands will
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Bauhinia © Martinsons & Associates 2009 Licensed exclusively for use at the City University of Hong Kong. Unauthorized use or reproduction of this case is strictly prohibited. This is a composite case that integrates the experiences of several companies. In the early 1970s‚ the Chan family pooled together $30‚000 and set up a small dairy processing plant in Hong Kong. Bauhinia Dairy initially produced only fresh milk and sold it through limited distribution channels. It has subsequently modestly
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Case #2: Whole Foods Market Case Questions 1. What are the chief elements of the strategy that Whole Foods Market is pursuing? Whole Market Foods strategy is in pursuit of offering the utmost quality‚ least processed‚ most appetizing naturally preserved and fresh foods. By concentrating on growth‚ store location‚ product line‚ pricing‚ and merchandising‚ Whole Foods Market is in search of promoting healthier lifestyles while also educating consumers in regards to food and the environment
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References: - 1) Barclays stunned by share holders revolt (27th April 2012) retrieved on 4th November 2012 at 6:00pm from http://www.bbc.co.uk/news/business-17860232 6) Treasury committee UK parliament retrieved info on 4th November 9:33pm from http://www.parliament
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Name: Kulvinder kaur Student number: SH40305/DLC Course: teaching assistant level 2 Assignment number: One Address: Watermillock gatehouse 139 Seymour Road Bolton BL1 8PU Page: 1 Unit 1 – supporting the teacher Task 1 The key aspects of the role of a teaching assistant are: * To support pupils’ health‚ safety and emotional/ social development. * To support classroom management and assist with general administration. * To help manage pupil behaviour. * To make relationships
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"The Communist Manifesto: Section 1 & 2” The Communist Manifesto is a document written by Karl Marx‚ with the help of Friedrich Engels. It was written in the mid 1800s and is concerned with the inequalities in the social classes of the time. It is a story about what is wrong with the government and social class system. It talks about the history of inequalities in social class‚ solutions to the inequality‚ and the intent of Communists. Karl Marx opens The Communist Manifesto stating two facts
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MACBETH ACT 2 SCENE 1… Section A 1. The clues at the beginning of this scene to indicate that the castle is in darkness are that the servant carries a burning torch to light their way and Macbeth is also carrying a torch-bearer. 2. Banquo’s state of mind at the beginning of this scene is that he is scared to go to sleep because he doesn’t want to see nightmares. 3. We know that Banquo is nervous because he cannot sleep and is wide awake. He can hear noises very clearly like when Macbeth
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