1) When will profits reported under variable and absorption costing differ? How can we reconcile the profits reported under the two approaches? Profits reported under variable and absorption costing will differ when inventory increases or decreases during the year. The difference involves the timing with which fixed manufacturing overhead becomes an expense. Under variable costing‚ fixed overhead is expensed immediately as it is incurred. Under absorption costing‚ fixed overhead is inventoried
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MANAGING TRANSFER PRICING Sarbanes-Oxley requires a company to establish that it has internal controls to ensure accurate financial reporting and that the auditor attest to the assessment of those controls. An obvious concern for all multinationals after SOX is whether there are effective controls in place to deal with transfer pricing exposure. An increasingly important element of transfer pricing documentation relates to the influence of legislation‚ ethical standards‚ and associated matters
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Project Investment – Feasibility Study Apple‚Inc Final project financial management Enalvis Gomez De Merlano Project Advisor: Dr. Manuel Christiansen Universidad Autónoma del Caribe- Campus Miami Master of arts.degree in management 05-11-2013 Indice Pag-1 portada Pag-2 Indice Pag-3 1-Introduction 1. purpose 2. company data Pag-4 1-3 Major competitors 2- Business Strategy analysis Pag-5 3- Accounting Analysis Pag-6 4- Financial
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Despite the argument that in the beginning of the 1900’s‚ Canada’s immigration policy was the most unrestrictive one‚ compared to those of other nations‚ from a history student’s point of view in 2007‚ the "Open Door Policy" seems to have been quite selective about who it allowed entry into Canada. The fundamental factor that made the Canadian immigration policy a major hindrance to many types of people who wanted to emigrate was the prejudice with which the Canadians developed many beliefs. One
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Introduction and Chapters 1-3. Multimedia * Harvard FSS: Where Do Great Strategies Come From? * YouTube - What is Strategy? * YouTube - Resource Based View of the Firm by Jay Barney * YouTube - Barney - Resources and Competitive Advantage MBA Reference Guides * Ten Schools of Thought About Strategy and Planning * Industry Life Cycle * Porter ’s Five Forces * Porter ’s Generic Strategies Based upon your readings for the week‚ discuss the following issues:
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purchased‚ only to be used within online communities or games. These are not digital goods such as books‚ music‚ movies or even apps which can be used in the real world but merely in-game or in-app purchases. Nature of these in-app purchases could be anything from clothes and accessories for your character in the game to purchases of the next level in the game. In order to understand pricing of virtual goods‚ we need to first understand how some of the economics of in-game purchases. 1. Massively
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These analyses provide Apple with quick‚ executive keys by looking at strength and weaknesses alongside opportunities and threats. Introduction: Apple was launched April 1‚ 1976 by Steve Jobs‚ Ronald Wayne and Steve Wozniak and is considered to be one of the most innovative technologies companies in the world. The company is responsible for products and services such as the Macintosh desktop and laptop computers‚ iTunes‚ iPod‚ iPhone‚ iTouch‚ iPad‚ Apple TV‚ and iCloud. Apple also develops its
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Republic of Vardar Revenue forecasts: Expected Tax Collections PAD 505 June 8‚ 2012 Abstract At independence in November 1991‚ the Republic of Vardar (named after the Vardar River Valley) was the least developed of the Yugoslav republics. Although the poorest of the six former Yugoslav republics‚ the country nevertheless can sustain itself in food and energy needs using its own agricultural and coal resources. From 1998 to 2000 real GDP growth averaged a little
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conversion cost share what common element of total cost? | A | Direct materials. | B | Direct labor. | C | Variable overhead. | D | Variable overhead. | 3. | On the Schedule of Cost of Goods Manufactured‚ the final Cost of Goods Manufactured figure represents: | A | the amount of cost charged to Work in Process during the period. | B | the amount of cost transferred from Finished Goods to Cost of Goods Sold during the period. | C | the amount of cost placed into production during
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CASE OF THE NSE Introduction This study seeks to estimate the risk premium of a company using historical data. Analysts use historical data to estimate the risk premium of a company’s equity. This is because the historical data is readily available from the company’s financial statements and the securities exchanges for example the Nairobi Stock Exchange (NSE) in Kenya. Historical market data can be used to compute average returns and a measure of risk or volatility. The distribution of past returns
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