Volume 3‚ No. 3‚ March 2012 Journal of Global Research in Computer Science TECHNICAL NOTE Available Online at www.jgrcs.info FAST AND EFFICIENT METHODS FOR PROFIT & LOSS RELATED PROBLEMS (FEM-PLRP) Gaurav Dobriyal* Dept. Of Computer Science‚ Dev Bhoomi Institute of Technology‚ Dehradun (U.K.)‚ INDIA dobriyal.gaurav74@gmail.com* Abstract: This is one of the important or frequent asking lessons in all written examination. In this paper I try to give some of the effective tricks to solve
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Cost‚ Volume‚ and Profit Cost-Volume-Profit (CVP) analysis is a managerial accounting tool that expresses the simplified relationship between cost‚ volume‚ and profit (or loss). CVP analysis is based on several factors and assumptions and uses a formula to express the relationship by equation or graphically and can be used with great effect by managers who understand the limitations of the analysis. Cost-Volume-Profit (CVP) analysis is a managerial accounting tool that expresses the simplified
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Quiz Non Profits Name_____________________________________________ 1. FASB require the balance sheets of not-for-profits to display a) Net assets in four separate categories—unrestricted‚ temporarily restricted‚ permanently restricted‚ and restricted by creditors. b) Three separate funds—unrestricted‚ temporarily restricted‚ and permanently restricted net assets. c) Six totals—total assets‚ total liabilities‚ total net assets‚ total unrestricted net assets‚ total temporarily
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CHAPTER 9 PROFIT PLANNING AND BUDGETING Questions‚ Exercises‚ Problems‚ and Cases: Answers and Solutions 9.1 See text or glossary at the end of the book. 9.2 A cost center is a responsibility center in which management is responsible only for costs. In a profit center‚ management is responsible for both costs and revenues. 9.3 An investment center is a responsibility center in which management is responsible for managing costs‚ revenues‚ and assets. A profit center is not responsible
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The ethical problems that was mentioned in this case first is the disregarding of unsafe products and low quality products. The company is still releasing or selling products that does not meet the standards of the approved product. This is not healthy for the company because they could lose big clients because of defects and this could also ruin the company name. Second is the misguided selling techniques and methods of the sales representatives. Instead of selling the products to the clients fair
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Before going to more detail of the recommended option‚ I would like to emphasis on the importance of CVP analysis. As CVP is a ‘systematic method of examining the relationship between changes in activity and changes in total revenue‚ expenses and net profit’ (Drury‚ 2000)‚ it is a very useful tool for managers to consider cost structure and price setting. When used in computer applications the method helps managers to make decisions based on the results by varying different variables such as selling
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Pro-profit Colleges It is no secret that a college education has never been more necessary for a decent life in America. Many manufacturing jobs now demand a level of skill and education that virtually requires a college degree. A lot of white-collar employers won’t even consider a job applicant who hasn’t graduated from college. Unfortunately this means that the poor and lower class have no choice but to attain some sort of higher education. This is how For-profit colleges came to existence; originally
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Profit Planning and Budgeting: Profit planning: Profit planning can be defined as the set of steps that are taken by firms to achieve the desired level of profit. Planning is accomplished through the preparation of a number of budgets‚ which‚ when brought through‚ from an integrated business plan known as master budget. The master budget is an essential management tool that communicates management’s plan throughout the organization‚ allocates resources‚ and coordinates activities. Budgeting:
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concentrate on meeting the needs of shareholders - no other group matters” Discuss the above statement using practical examples to support you answer. Contents Page Introduction 1-2 Formulas: Profitability 2-3 Liquidity 4-5 Investment 5-6 Summary of Widgets Finical Ratios: Profitability 6-8 Liquidity 8-9 Investment 9-10 Conclusion 10 Bibliography 11 Appendix 1 12 A shareholder is someone that legally owns one or
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The Profit is a show on ABC about a business man named Marcus Leminos. Marcus offers his own money to businesses that are struggling in hopes that making the deal will help the business out in a positive outcome. He has visited over 30 countries and invested over 30 million dollars into helping others for economic growth. He is a well-known and trusted man that helps strengthen bonds between families and colleagues. The Product Lisa and Giovanni are owners of a pet store called Bentley’s Corner
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