I think there are two ethical situations here. One with Aston Martin’s decision and the other is‚ what does the store do with the returned merchandise. In the 90’s‚ this became a popular habit with teens through college age‚ to buy‚ wear and then return the items. Shoplifting had also become popular. I think both are just as wrong. The retailer suffers because of the ethics of others. Many times the retailer has the policy of returning everything‚ no questions asked. I was at a retail outlet
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References: Kimmel‚ P.D.‚ Weygandt‚ J.J.‚ & Kieso‚ D.E. (2010). Financial accounting: Tools for business decision making (5th ed). Hoboken‚ NJ: John Wiley & Sons.
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References: Weygandt‚ J.‚ Kimmsel‚ P.‚ & Kieso‚ D. (2010). Financial Accounting. Hoboken‚ NJ: Wiley
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Principles (Richard D‚ Irwin‚ Inc. U.S.A.). Anthony‚ Robert N. – Essentials of Accounting (IRWIN‚ U.S.A.). Harmenson‚ Edwards‚ MAHER – Accounting Principles (IRWIN‚ U.S.A.). Khan‚ Md. Mainuddin – Advanced Accounting (Ideal Library‚ Dhaka). Weygandt‚ Kieso Kell – Accounting Principles (John Wiley and Sons Inc. U.S.A.).
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Reflection Summary Assignment Name ACC 291 / Principles of Accounting II Date Instructor Name Apply ratio‚ vertical‚ and horizontal analyses to financial statements Ratio analyses are used by companies to gather information in a company’s financial statement. Ratios and numbers from a company’s current year are compared to previous years and sometimes even the economy to judge the company’s performance. There are several ratios such as
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Auditing Lecture Notes- Chapter Two The CPA Profession 14e Vignette Discussion- CPA Firms – 4 Types (Table 2-1……..pg. 26) 1. Big Four 2. National 3. Regional 4. Large Local Major Activities of these firms * accounting and bookkeeping * taxes * consulting Six Organizational Structures p. 29 1. Proprietorship 2. General Partnership 3. General Corporation 4. Professional Corporation 5. Limited Liability Company 6. Limited Liability Partnership Typical
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in accordance with GAAP. Specifically‚ Rule 203 of this Code prohibits a member from expressing an unqualified opinion of financial statements that contain a material departure from generally accepted accounting principles” (Kimmel‚ Weygandt & Kieso‚ 2007‚ p. 12). Generally accepted accounting principles (GAAP) are an established common set of accepted accounting principles‚ procedures‚ and
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Managerial Perspective ACC/561 February 10‚ 2014 Seth Jardine Activity-Based Overhead Rate R&D activities fall into four pools. The four activity pools are market analysis‚ product design‚ product development‚ and prototype testing. The annual costs are $1‚050‚000 for market analysis‚ $2‚350‚000 for product design‚ $3‚600‚000 for product development‚ and $1‚400‚000 for prototype testing. The total estimated drivers for each activity are 15
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References: Kieso‚ D.‚ Weygandt‚ J.‚ Warfield‚ T.‚ 2007‚ Intermediate Accounting‚ 12th edition. John Wiley and Sons‚ Inc. Earned Capital‚ 2008‚ Obtained from the World Wide Web July 9‚ 2008: http://www.money-zine.com/Definitions/Investing-Dictionary/Earned-Capital/
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References: Retrieved from: http://www.thecoca-colacompany.com/ on October 17‚ 2010 Retrieved from: http://www.pepsico.com/ on October 17‚ 2010 Weygandt‚ J. J.‚ Kimmel‚ P. D.‚ & Kieso‚ D. E. (2008). Financial accounting (6th ed.). Hoboken‚ NJ: Wiley.
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