The three projects in the work plan by IFRS are as follow: IFRS 9 Financial Instruments (replacement of IAS 39) This project has been divided in three phases: 1- Classification and Measurement The first publication of this project was in November 2009‚ was based on requirements for financial assets. In October 2010 were added requirements for financial liabilities. The majority of requirements for financial liabilities not changed from IFRS 9. Nevertheless‚ there were changes on the fair value
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Check and Challenge 1. Why is metabolic activity most accurately expressed as a rate? Rate as a measure means that minimum and maximum of the stimulus is required to maintain a living organism. High light suggests great growth and low light suggests minimum or no growth. 2. How does increasing light intensity affect the rate of photosynthesis? Light intensity is a factor which can limit the rate of photosynthesis because if the light intensity is increased the rate of photosynthesis
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diagram below and the additional information provided to answer the corresponding questions. [15 points] a) The crash cost per day per activity. [10 points] a) 800-300/7-3 =$125 per day crashed b) 350-250/3-1= $50 per day crashed c) 900-400/6-4= $250 per day crashed d) 500-200/3-2= $300 per day crashed e) 550-300/2-1= $250 per day crashed b) Which activities should be crashed to meet a project deadline of 10 days at minimum cost? What is the cost impact of crashing these activities
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$85 $145 $30 $42.5 $72.5 $40 3 $60 $120 $180 $20 $40 $60 $35 4 $60 $150 $210 $15 $37.5 $52.5 $30 5 $60 $185 $245 $12 $37
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Instructions for Problem Set #4 1. a) (Sale Price) – (Purchase Price) = Profit earned on each share b) Profit earned on each share * number of shares purchased = Total amount of profit 2. a) Step 1: (End of year price – beginning year price) = Loss Step 2: (Loss + annual income of $100) = Dollar Amount of Return Step 3: Dollar Amount of Return / Beginning year price = % return b) Hint: it should be a negative number
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Chapter 14 Auditing the Revenue Cycle |Learning Check | The revenue cycle includes the activities involved in the exchange of goods and services with customers and the realization of the revenue in cash. The classes of transactions in this cycle for a merchandising company are sales‚ sales adjustments‚ and cash receipts. The primary accounts affected by these transactions are sales‚ accounts receivable‚ cost of sales‚ inventory‚ cash‚ sales discounts‚ sales returns
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U1-40 (30 min) Benefit-cost analysis—add a project a. and b. | Income Statement | New contract changes | Dollar impact of new contract | Income with new contract | Sales revenue | $ 1‚500‚000 | $ 200‚000 | $ 200‚000 | $ 1‚700‚000 | Costs | | | | | Labor | 700‚000 | 175‚000 | 175‚000 | 875‚000 | Equipment lease | 104‚000 | 12% | 12‚480 | 116‚480 | Rent | 120‚000 |
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INTERNAL CHECK i. INTERNAL CONTROL MEANING AND DEFINITION THE COUNCIL OF THE INSTITUTE OF CHARTERED ACCOUNTANTS OF ENGLAND AND WALES “ the whole system of control financial and otherwise‚ established by the management in order to carry on the business of the company in an orderly manner‚ safeguard its assets and secure as far as possible the accuracy and reliability of its records.” It is the whole system of controls established by the management for the proper conduct of the various activities
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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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OPRE 411 HOMEWORK #4 1. Use Solver in EXCEL to solve each of the following linear programming problems. To do so‚ complete the model in the given file in Blackboard and report the optimal solution and optimal objective function value in the context of the problem. (a) The Product-Mix Problem of BlubberMaid (see the file blubber.xls in Blackboard). (2 points) (b) The Make-Or-Buy Problem of MTV Steel (see the file makeorbu.xls in Blackboard). (5 points) (c) The Energy Problem of Lilliput on
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