AYB340 COMPANY ACCOUNTING TOPIC 1 - SOLUTIONS TO TUTORIAL QUESTIONS CASE STUDIES Case Study 1 - Accounting Policies The board of directors has resolved to change the accounting policy for treatment of advertising expenditure. Previously‚ advertising expenditure has been expensed as incurred. Following extensive market research‚ the board has taken the view that benefits from advertising expenditure in the form of product awareness and increased sales will be received by the company
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it’s difficult to create the market‚ lack of farming skills‚ corruption in Laos‚ starting a brand from scratch‚ local market Opportunity: Market growth of coffee is huge (yearly average 90%)‚ can venture in Europe and America‚ can take over roasters and have larger share of profit‚ establish itself as unique premium brand promoting social cause Threats: Political instability‚ the owner has political ambitions; there are alternatives (tea‚ soda etc) BCG Matrix Bolaven Farm falls under question mark
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If a company earns net income of $25 million in Year 8‚ has 10 million shares of stock‚ pays a dividend of $1.00 per share‚ and has annual interest costs of $10 million‚ then | | |[pic]|[pic]|the company would have Year 8 earnings per share of $1.50. | | |[pic]| | |[pic]|[pic]|the company’s retained earnings for
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’Maybe I should get the waxing kit from the medicine cabinet. So I headed to the site of my demise: the bathroom. It was one of those ’cold wax’ kits. No melting a clump of hot wax‚ you just rub the strips together in your hand‚ they get warm and you peel them apart and press them to your leg (or wherever else) and you pull the hair right off. No muss‚ no fuss. How hard can it be? I mean‚ I’m not a genius‚ but I am mechanically inclined enough to figure this out. (YA THINK!?!) So I pull one of the thin
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A teacher that has influence your life As one grows and changes from a child to an adult‚ one looks back at one’s life and the many memories. Since one spent five days a week in school‚ it is no surprise that many of these memories are about school. One probably spent more time at school then at home as a child. As one looks back upon these memories there is one teacher that we still cannot forget her name and still remember her face after so many years. These memorable teachers could have had
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Márta Szabados August 25‚ 2009. Factors influencing the multinationals and local companies for the market position. INTRODUCTION Couple of years before the policy maker decided to lower down the tariff barriers and to give permission for foreign investment. Multinational companies have started rushing into countries where they wanted to achieve the market position (Arindam K. Bhattacharya and David C. Michael) The entry of
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of the Firm The firm’s goal is to maximize profits‚ !. In order to do this it must decide what quantity of a good to produce given costs‚ technology and demand. A competitive firm is assumed to be able to sell as much as it wants at the market price without affecting price. So it takes price as exogenous (beyond it’s control) and does not worry about demand. In addition‚ for our purpose we’ll assume the firm operates efficiently‚ that is‚ whatever the level of production that the firm chooses
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Movie: The Firm Sydney Pollack’s film The Firm is a drama based on an desire to escape from the law firm (Berndini‚ Lambert‚ and Lock) from which he was hired. The relatively small but wealthy firm wines and dines the ambitious Harvard Law Graduate’s (played by Tom Cruise) with money and gifts in order to make him part of their team. Overwhelmed by the gracious treatment and substantial offer Mitch McDeere takes the offer to be part of the Firm. The firm gets them caught up in a affluent lifestyle
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Frequently Asked Questions Question: Why do I get (ssl error 61) you have not chosen to trust the issuer of the server’s security certificate? Cause: The error is displayed when the users browser does not have a valid certificate after attempting to access the Citrix secure webpage. Solution: Download (End Trust) certificate and install on your machine Question: Why do I get (ssl error 38) The proxy denied access to;
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Tell me about yourself: The most often asked question in interviews. You need to have a short statement prepared in your mind. Be careful that it does not sound rehearsed. Limit it to work-related items unless instructed otherwise. Talk about things you have done and jobs you have held that relate to the position you are interviewing for. Start with the item farthest back and work up to the present. Do you consider yourself successful? You should always answer yes and briefly explain why
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