the property. Question 3. 3. (TCO D) On January 1‚ 2010‚ Ellison Co. issued 8-year bonds with a face value of $1‚000‚000 and a stated interest rate of 6%‚ payable semiannually on June 30 and December 31. The bonds were sold to yield 8%. Table values are as follows: Present value of one for eight periods at 6% .627 Present value of one for eight periods at 8% .540 Present value of one for 16 periods at 3%
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during the year. 1 Purchased the following assets and paid for them by cash: Furniture and Fittings $30 000 Equipment $ 45000 A motor van was purchased on account from Saunders Ltd for $40 000. 2 Purchased computer parts for $36 000 cash 3 Sold parts for $60 000 cash 4 Purchase goods on account from Android Enterprise $18 000; ABC Ltd $15 000 and Peter Smith
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Inventory 1. Specific identification method. Boston Galleries uses the specific identification method for inventory valuation. Inventory information for several oil paintings follows. Painting Cost 1/2 Beginning inventory Woods $21‚000 4/19 Purchase Sunset 21‚800 6/7 Purchase Earth 31‚200 12/16 Purchase Moon 4‚000 Woods and Moon were sold during the year for a total of $35‚000. Determine the firm’s a. Cost of goods sold.
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statements and the persons using the statements. (3) A misstatement of account balances may exist and is generally corrected as the result of the independent auditor’s work. (4) Poorly designed internal controls may be in existence. b. An independent audit aids in the communication of economic data because the audit (1) confirms the accuracy of management’s financial representations. (2) lends credibility to the financial statements. (3) guarantees that financial data are fairly presented
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Theme 1 – The Historical Context of Organisations & Management The Enduring Logic of Industrial Success – A.D Chandler: The logic of industrial expansion – *3 pronged investment strategy* Production – economies of Scale/Scope Distribution Network Management Research and development essential to firm’s future Use economies of scale and scope to drive down production costs in technologically advanced‚ capital-intensive industries. Large plants : Scale – can produce products at a much lower
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Taisha McKinney MAR 2305 What Do You Think Now? Chapter 3‚ Page 53 1. What are sure-fire techniques for providing superior customer-service? The sure-fire techniques for providing superior customer-service are the mindset that defines each company’s culture. It is pervasive‚ visible to others‚ and everyone’s responsibility. It also requires organizations to keep the basic company functions in superior shape so that CSRs do not get bogged down with cleaning-up problems‚ correcting errors
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6 Pg 305 2. What is a data flow diagram? Why do systems analysts use data flow diagrams? Answers: A picture of the movement of data between external entities and the processes and data stores within a system. Systems analysts use DFDs to help in the analysis phase by accomplishing the following three things: 1. Requirements Determination 2. Requirements Structuring 3. Alternative Generation and Selection 3. Explain the rules for drawing good data flow diagrams. Answers: Process: A. No process
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Recession 0.20 0% 2% 3% a) Calculate the expected return and standard deviation of return for Small‚ Big and the market portfolio b) Calculate the covariance between Small and Big; between Small and the market‚ and between Big and the market. c) Calculate the expected return and standard deviation of return for a portfolio that consists of ½ Big and ½ Small. d) Calculate the expected return and standard deviation of return for a portfolio that consists of 3/4 Big and 1/4 Small.
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T A B The Free Body Diagram The Concurrent System Free Body Diagrams • Essential step in solving Equilibrium problems •Complex Structural systems reduced into concise FORCE systems WHAT IS A FREE BODY DIAGRAM? A FBD is a simplified representation of a PARTICLE or RIGID BODY that is isolated from its surroundings and on which all applied forces and reactions are shown. All forces acting on a particle original body must be considered‚ and equally important any force not
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Circular Flow Diagrams Introduction Money flows into and out of the economy. The circular flow diagram explains how money moves through the economic system involving households‚ businesses‚ the government‚ and foreign agents (Editorial Board‚ 2011). Circular flow diagrams are visual models that show firms who employ workers‚ the workers then spend on goods produced by firms‚ and the money is then used to compensate the worker and buy raw materials to make the goods and the circle continues.
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