QUESTIONS 1. (a) Disagree. The steps in the accounting cycle are the same for both a merchandising company and a service company. (b) The measurement of income is conceptually the same. In both types of companies‚ net income (or loss) results from the matching of expenses with revenues. 2. The components of revenues and expenses differ as follows: | | Merchandising | | Service | RevenuesExpenses | | SalesCost of Goods Sold and Operating | | Fees‚ Rents‚ etc.Operating (only) | 3
Premium Revenue Generally Accepted Accounting Principles
Marketing communication of NEXT plc Retail outlets and emailing influential people on the product’s behalf similar developments are likely to continue in the future whereby consumer targets become active participants in the design and implementation of marketing communication efforts. In order to respond most effectively and efficiently to changing world‚ marketers must have a clear understanding and accurate picture of the directions those changes are taking. Such a picture cannot emerge without
Premium Marketing
*Microsoft’s Financial Reporting Strategy 1. What are the factors that likely explain the difference between Microsoft’s market value of equity and its reported book value of equity? The most obvious reason for the difference between the market value of equity and the book value of equity is the inability to record certain intangible assets such as brand value‚ customer loyalty‚ and perhaps most importantly‚ human capital. These intangible assets are likely to provide tremendous earnings
Premium Generally Accepted Accounting Principles Income statement
Analysis of Travis Perkins plc Executive summary This report intends to analysis the macro and internal environments and financial position of the Travis Perkins plc by conducting the PESTLE and SWOT analysis. In the beginning of this report‚ it introduces the mission of Travis Perkins plc. After that‚ this report presents the PESTLE analysis to show the company’s external environment. Then‚ it depicts the SWOT analysis of Travis Perkins plc to show the strengths‚ weaknesses‚ opportunities and
Premium SWOT analysis Balance sheet Asset
Answer 1. SWOT analysis of The Fashion Channel The Fashion Channel (TFC) is a 24*7 cable TV network which is exclusively dedicated to fashion. It was found in 1996 and since then it has been witnessing continuous upswing. According to an annual demographic survey‚ TFC is having approximately 110 million subscribers of cable & satellite television. But‚ due to increasing competition with other fashion channels‚ it is in the need for developing a modern and updated brand strategy. SWOT analysis
Premium Marketing Advertising
Report on Vodafone Group PLC 2014 17/11/2014 Aniruddha Shinde Student Number: 10122047 Course Title: Master of Business Administration (Information systems) Lecturer Name: Mr. Enda Murphy Module/Subject Title: International Management Word Count: 4320 Report on Vodafone Group PLC 2014 Table of Contents 1. 2. Introduction: ................................................................................................................................... 3 1.1 Objectives of Study: ........
Premium Mobile phone Vodafone
in my third year of university‚ I have a chance to study Service Design Innovation course. Many people including me asked me different kinds of the same question: “What is this course and What have been your experience from this course?”. It is quite hard for me to answer these questions at first. But now‚ I can confidently say that there are many happy moments and hard time so. But Each person has different experiences in learning this subject. For example‚ some might get more joyful or boring
Premium Learning Education High school
1. Introduction Educare Services is a leading regional provider of quality infant and child care services and bilingual kindergarten and preschool education to children two months to six years of age. It is a subsidiary of the MyStar Education Group. Educare Services’ curriculum integrates the best education approaches and methodologies from the West and the values of morality and inter-personal relationships of the East. This is achieved through a team of in-house expertise in curriculum research
Premium Software Software Software engineering
Case Analysis Canadian Blood Services I. Introduction Canadian Blood Services (CBS) has a reputation that makes people feel comfortable in knowing that when they donate blood there will be professionals that will take care of them and they receive the satisfaction of knowing they are saving lives. It is this good feeling that brings donors into clinics to donate. However‚ Canadian Blood Services faces challenges in recruiting new blood donors and require increase donation collections to keep
Premium Blood donation Blood HIV
with infrastructure risk at any level. Needless to say that if this or any similar attack occurred during high traffic time the consequences might be excessive to the infrastructure‚ business and the reputation of the company. It was clear in the case that Jack hired Bob to create and implement proper policies and procedures for the infrastructure risk management. To do this‚ iPremier has to assess all known threats to the infrastructure risk matrix and develop procedures to immediately identify
Premium Management Risk Security