Retail Method vs. FIFO or LIFO In the case‚ the University Store provided plenty of goods and services with various costs. They frequently have their costs‚ selling prices and discounted prices changed. This process would contain a large amount of work since the Store kept large number of books. Although the Store has planned to record data by establishing a new software system‚ they used the retail method easing and simplifying inventory tracking. Comparing the FIFO or the LIFO method‚ the retail
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ABC Inc. has put together an education expense reimbursement program for qualifying employees. By signing this agreement‚ you agree to the terms and conditions of the program. As part of the education expense reimbursement program ABC Inc. agrees to give (Employee Name) $75 towards student loans for every 40hours worked and an additional $500 for every 6 months of employment if (Employee Name) stays within good standings in the company and school. (Employee Name) Agrees to the conditions below
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Case Brief A.4 GNAZZO v. G.D. SEARLE & CO. 973 F.2d 136 (1992) U.S. Court of Appeals‚ Second Circuit Pierce‚ Circuit Judge Facts: On November 11‚ 1974‚ Gnazzo had an intrauterine device (IUD) inserted in her uterus for contraceptive purposes. The IUD was developed‚ marketed and sold by G.D. Searle & Co. (Searle). When Gnazzo’s deposition was taken‚ she stated that her doctor had informed her that “the insertion would hurt‚ but not for long‚” and that she “would have uncomfortable and probably
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Case Study 1) General Information: Student name: Larry money Date of Testing: Grade: 1 Date of Birth: Chronological Age: School: 2) Reason for Assessment: is currently having difficulties with learning and behavior. frequently is out of his throughout the day‚ and answers aloud before being called on to give the answers and struggles to follow directions. also has learning difficulties in reading decoding and reading comprehension. 3) Background Information: lives with is
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Wen-hsin Hsu Questions of Cases Case 1: Accounting for the iPhone at Apple Presentation date: Oct 22 (Authors: Brochet‚ Francois;Palepu‚ Krishna G.;Barley‚ Lauren) 1. In your opinion‚ are GAAP or non-GAAP numbers most reflect the economic reality in Apple? 2. Discuss the impact on financial statements for GAAP and non-GAAP numbers. 3. Should APPLE lobby for their non-GAAP numbers to be sanctioned by FASB? 4. Does it matter if the revenue recognition rule for smartphone changes? Case 2: Bausch& Lomb
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McCulloch v Maryland 4 Wheat. (17 U.S.) 316 (1819) Issue May Congress charter a bank even though it is not an expressly granted power? Holding Yes‚ Congress may charter a bank as an implied power under the "necessary and proper" clause. Rationale The Constitution was created to correct the weaknesses of the Articles. The word "expressly" particularly caused major problems and therefore was omitted from the Constitution‚ because if everything in the Constitution had to be expressly stated
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Arizona v. Rodney Joseph Gant 1. Heading a. Arizona v. R. Joseph Gant‚ Supreme Court of the United States‚ 2009 (April 21‚ 2009) 2. Statement of Facts a. Tucson‚ Arizona police officers acted on an anonymous tip that the residence at 2524 N. Walnut Ave was being used to sell drugs. The door was answered by Rodney Gant‚ who after a records check‚ revealed that Gant’s driver’s license had been suspended and there was an outstanding warrant out for his arrest for driving with a suspended license
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Founded in 1941‚ E.V. Williams‚ Inc. (EVW) remains a major competitor in the heavy/highway and grading construction markets of Hampton Roads and the Tidewater area of Virginia. Performing more than $60 million in completed construction contracts per year. EVWs provides quality construction to its many customers‚ owners and partners in the construction industry. EVW is uniquely qualified to construct any project in our region. With professional management‚ modern tools EVW can handle the fastest track
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Rappler’s case that led for the SEC to revoke its registration as a corporation pointed to‚ according to SEC‚ its violation on the rules on foreign investment in media companies in the Philippines. Under the 1987 Constitution and various Philippine laws‚ a media company must be owned and controlled 100% by Filipinos. If a Philippine media company has foreign investor control of more than 0% of the company‚ then the media company disobey the law related to control restrictions. The case of Rappler
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hasn’t expressly ruled on this issue‚ district courts in said circuit have borrowed from Courts in the 8th Circuit have dismissed claims of general anxiety and stress‚ even where the plaintiff’s injuries are more particularized. In Amburgy v. Express Scripts‚ Inc.‚ the plaintiff alleged that he and other members of the class had spent “considerable time and money protecting themselves” after the company’s inadequate security measures lead to the theft and ransom of customers’ personal information.
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