Chapter 5 Case -- Stem Corporation (A)* On December 31‚ 2006‚ before the yearly financial statements were prepared‚ the controller of the Stem Corporation reviewed certain transactions that affected accounts receivable and the allowance for doubtful accounts. The controller first examined the December 31‚ 2005‚ balance sheet (Exhibit 1). A subsequent review of the year’s transactions applicable to accounts receivable revealed the items listed below: 1. Sales on account during 2006 amounted to $9
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Chapter 5-Case Incident 1: Finding People Who Are Passionate About What They Do 1. Identify some of the established recruiting techniques that apparently underlie Trilogy’s approach to attracting talent. Trilogy utilizes college recruiting as often as possible. They also frequent job fairs and computer science departments at colleges to look for possible recruits. They do not mind spending money to obtain a prospective employee. They fly employees in for a three-day visit‚ and encourage them
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St. Francis College of Commerce January 23‚ 2012 COLLEGE OF COMMERCE Group 5 Saint Francis University Case Background St. Francis is a medium-size private university located in a major port city in the Visayas. It was one of the better private universities in the city and well known primarily for its engineering and science courses. The University had a total of
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CASE 5 Why Did Global Food Prices Rise? Case Summary For the past 25 years‚ food prices have been declining due to increased productivity and output from the farm sector worldwide. In 2007 however‚ this changed. There are two main explanations to this. The first is an increased demand for food in rapidly developing nations such as China and India. Meat in particular has contributed to the rising prices as farmers have to feed their animals an extensive amount of grain in order to keep up with
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CASES Real World Case 5-1 Requirement 1 A bill and hold strategy accelerates the recognition of revenue. In this case‚ sales that would normally have occurred in 1998 were recorded in 1997. Assuming a positive gross profit on these sales‚ earnings in 1997 is inflated. Requirement 2 A customer would probably not be expected to pay for goods purchased using this bill and hold strategy until the goods were actually received. Receivables would therefore increase. Requirement 3 Sales that would
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reinforces does Salatino use to motivate his sales people? Salatino uses every ones favorite reinforcements‚ money! Money is considered a secondary motivator because its not considered a basic human need. Saltaino uses commissions ranging between 5% and 12% as an incentive motivate his employees to make sales. This secondary motivator is a positive motivator because money is why people have jobs and careers. 2. What kind of reinforcement schedule is used by Great Northern American to pay
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The balance sheet items of The Sweet Soda Shop (arranged in alphabetical order) were as follows at the close of business on September 30‚ 2011: Accounts Payable Accounts Receivable Building Capital Stock Cash $ 8‚500 1‚250 45‚500 50‚000 7‚400 Furniture and Fixtures Land Notes Payable Retained Earnings Supplies 20‚000 $ 55‚000 ? 4‚090 3‚440 The transactions occurring during the first week of October were: Oct. 3 Additional capital stock was sold for $30‚000. The accounts payable were paid in full
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Merrill Lynch Connects Past and Future Technology CASE STUDY 1. Why did Merrill Lynch need to update its IT infrastructure? Merrill Lynch and its subsidiaries provide brokerage‚ investment banking‚ financing‚ wealth management‚ advisory‚ asset management‚ insurance‚ lending‚ and other related products and services to private‚ institutional‚ and government clients. One of the most critical components of Merrill Lynch’s operations is its information technology infrastructure. It has played
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Saskya Gagneux February 5‚ 2013 Marketing Research 4338 Case 5- Student Computer Lab 1. Did the moderator do an adequate job of getting the information needed by the SCC? The moderator did a good job getting the information needed. * He started out appropriately by explaining who he was and the purpose for the research (focus group). * Encouraged respondents to talk to one another as he started with a broad question everybody could answer (“How do you think the computer lab is
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Chapter 5 – Crimes Nature of Crimes Crimes are public wrongs- acts prohibited by the state or federal government. Typically classified as a felony or a misdemeanor: Felony- A serious crimes such as murder‚ sexual assault and involve significant moral culpability on the offender’s part. These are punishable by lengthy prison sentences‚ fines‚ loss of voting rights‚ revoking of professional licenses. Misdemeanor- A lesser offense such as disorderly conduct or battery resulting in minor physical
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