Chapter 5 Accounting for Merchandising Operations Chapter Summary Merchandising Operations • A merchandising company is an enterprise that buys and sells goods to earn a profit. • Measuring net income for a merchandising company is the same as for a service company through matching of expenses with revenues. • In a merchandising company‚ the primary source of revenue is the sale of merchandise‚ which is called sales revenue or sales. • Expenses for merchandising
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Listening and communicating Communication Approach • Communication takes place only when a message sent by one person has been receveid and undertstood by another person Reasons Managers Communicate • Pass on and receive information • Establish and maitain relationships • Tell people what they are expected to do and help them learn • Give feedback and crticism • Encourage‚ motivate and influence • Help others solve problems and develop actions plans • Work with others to come up with new ideas
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local market area residents. The Company EB is incorporated in Eldoret Town‚ its postal address being The mobile number being It is owned and managed by its owner-Eric Kipchoror Kiplagat. Mr.Eric Kipchoror Kiplagat has extensive experience in accounting‚ sales‚ marketing‚ and management and is the Sales Executive of Sergoit Golf & Wildlife. The company intends to hire two full-time pastry bakers and six waitresses to handle customer service and day to day operations. Products and Services
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understanding human knowledge has been a central philosophical one.”1“Like Rene Descartes‚ we have all ask ourselves at one time or another couldn’t everything I seem to see‚ hear‚ etc. Be illusory? Might I’ll in fact be dreaming all this? If so what do I really know of the outside world?"2 Knowledge is a vague concept according to Bertrand Russell. This is issue of what is knowledge‚ how do we know and how to classify what we think we know as knowledge. In order to help solve this problem knowledge have been
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Cat Inc. is the world’s largest manufacturer of construction and mining equipment‚ diesel and natural gas engines‚ and industrial turbines. It is also a technology leader in construction‚ transportation‚ mining‚ forestry‚ energy‚ logistics‚ and electric power generation. Its corporate world headquarters is located in Peoria‚ Illinois. Cat Inc is comprised of 26 business units. Cat Inc. is rated number 1 or 2 in every major S&P 500 and Dow Jones Index tracked category in the Construction‚ Agriculture
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Austin Hughes Hughes 1 Mr. Quigley English 8-2 5 May 2013 Knowledge and Courage To Kill a Mockingbird is not a story about birds‚ or animal abuse. This novel is a book of knowledge and courage which both teaches and fixes people’s view of life. Even though the title is "To Kill a Mockingbird‚" it is suitable to entitle it as to kill our stubborn misunderstandings. This book is full of courage shown by Harper Lee. During her lifetime‚ there was a lot of racism going on in America
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Alison McCracken Professor Harrison English 100 19 Aug. 2012 Knowledge is Power vs. Knowledge is Pain. Metaphors are not just a part of everyday language. Whether we realize it or not‚ they are actually deeply ingrained in our psyche and therefore have practical repercussions in our lives. "Knowledge is Power" is a metaphor to which we can easily relate. It expresses who we are as individuals and our personal drive for success. It defines us as teachers‚ parents and leaders. It dictates
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ways does the biological constitution of a living organism determine‚ influence or limit its sense perception? B) If humans are sensitive only to certain ranges of stimuli‚ what consequences or limitations might this have for the acquisition of knowledge? Ans-A- The biological constitution of a living organism has a mammoth influence on the sense perception of an organism. The biological institution of an organism can even enhance or degrade the level‚ degree and method of sense perception by an
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They look at the positive side of their lives. They are always smiling even if they have to complete their piled up work on time. Unlike neat people‚ sloppy people do not get upset on small things. Sloppy people have a broad aspect of life therefore‚ little problems do not make them upset. They always look for the best things to come‚ rather looking to the negative side. Sloppy people have a better gratitude to life than neat people. For instance‚ a neat person will get mad if he finds more than
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between belief and knowledge in the given dialogue. Then explain what the importance of this distinction is. In Gorgias‚ Plato uses a conversation between two men to lay the groundwork for knowledge and belief‚ suggesting that everything is subjective when it comes to these words‚ and their definitions are open for much interpretation past their most simplest of meanings. Gorgias is meant as a guideline in which we can decide whether or not an object‚ idea‚ or event is belief or knowledge. So you ask:
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