CHAPTER 13 – CURRENT LIABILITIES AND CONTINGENCIES I. Liabilities A. Three Characteristics 1. Probable‚ future sacrifices of economic benefits 2. That arise from present obligations 3. Resulting from past transactions B. Current Liabilities 1. Payable within 1 year 2. Reported at maturity value C. Types of Current Liabilities 1. Accounts Payable a. Buy merchandise on account
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Chapter 13 You Decide Exercise Write out your answers and submit them using the Dropbox in a RTF or Word Doc format. Presidential Power and Iraq This exercise relates to the Policy Debate in Chapter 13 dealing with Iraq and Presidential Power. The goal of this exercise is to give you a better understanding of recent Supreme Court rulings on the limits of Presidential power during wartime and the importance of Separation of Powers and Checks and Balances. The Constitution (as interpreted by the
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4) I agree completely. From what I’ve seen‚ most students are pushed‚ or even forced‚ by their parents to take the so-called “right track”. I believe students should be allowed to live the life they choose‚ not the life they are assigned. 5) Crawford tries to convince the reader that it is morally wrong to force a student to be something they don’t want to be. He also says it is wrong to give medication to a student with ADD and similar disorders because it inhibits their natural tendency to be
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Chapter 13 Problem 1 a. the use of debt financing leverages up ROE from 12.0 percent to 19.2 percent; total dollars returned to investors (including both stockholders and creditors)increased from $600‚000 to $680‚000; and the “extra” $80‚000 came from the “taxman‚” as taxes are reduced by that amount b. ROE 12.0%/15.0% c. At 20% ROE is 6.0 % At 0.6% ROE is 12.0% At .20 % ROE is 18.0 % The lesson is that although the use of leverage increases expected ROE‚ it also increases
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taking over US industry and profits. Not surprisingly‚ 14 of the top 25 companies are in the oil/gas/utility business and 4 are vehicle manufacturers. Fortune: Global 500 Rank Company Revenues ($ millions) Profits ($ millions) 1 Netherlands Royal Dutch Shell 484‚489 30‚918 2 US: Texas Exxon Mobil 452‚926 41‚060 3 US: Arkansas Wal-Mart Stores 446‚950 15‚699 4 Britain: London BP 386‚463 25‚700 5 China: Bejing Sinopec Group 375‚214 9‚453 6 China: Bejing China National Petroleum
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Ch 13: The Rise of Islam 1. Key parts of Muhammad’s life • Early Life: Muhammad was born to a family of merchants in Mecca. Both parents died when he was very young. He married a wealthy widow and became a good merchant. Due to his travels he was familiar with paganism‚ Christianity‚ and Judaism. • Revelations: At the age of 40 he had visions given to him by Allah while he was in a cave called Mt. Hira. These visions given to him through the archangel Gabriel instructed him to share his beliefs
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the beginning because of so many prank calls. 3. Based on the information Gallien gave‚ the Alaskan Troopers look at McCandless’ permanent address in Northen Virginia. It turned out to be a dead end because they found another Chris McCandless. 4. Sam McCandless is Chris’ older half brotherfrom his first marriage. They didn’t know each other because Sam grew up with his mother and was raised in California. 5. Jim Gallien and Wayne Westerberg contributed information regarding the dead body
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store that carries twice the inventory as its competitor will provide twice the customer service level. True False FALSE There is a limit to how high service level can go; if the competitor’s service level is 90%‚ the retailer can’t double that. 4 4. The overall objective of inventory management is to achieve satisfactory levels of customer service while keeping inventory costs reasonable. True False TRUE This is the overall objective of inventory management. 5 5. The two main concerns
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LIVING WITH ART Test Bank – Chapter 13 Multiple Choice 1. Using a steel framework with masonry sheathing‚ the ________‚ designed by Louis Sullivan‚ is thought by many to be the first genuinely modern building. a. Wainwright Building b. Eiffel Tower c. Crystal Palace d. Lever House e. Chrysler Building 2. Two factors that decide the success of any structural system are a. weight and tensile strength. b. the placement of its dome and its pendentives. c. the linear ratio
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Chapter 13 Test Notes CONTROL CYCLES-A GENERAL MODEL A general model of organizational control includes four components that can operate in a continuous cycle and can be represented as a wheel. These elements are: 1. Setting a goal. Project goal setting goes beyond overall scope development to include setting the project baseline plan. The project baseline is predicated on an accurate. Work Breakdown Structure (WBS) process. Remember that WBS establishes all the deliverables and work packages
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