income statement account (P & L). Hence‚ it is a nominal account that must be closed at the end of the fiscal period. 1.5 1115 Goods Rcvd/ Invoice Rcvd: This is an account you as a student have probably never encountered before. It is a suspense account‚ which is explained in more detail in the answer to the next question. 1.6 Now let’s analyze the Goods Rcvd/ Invoice Rcvd account closer. This account is necessary because of timing differences in the real world. This is what is termed a suspense
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The MetalWorks Corporation A Network Configuration Project Using LogicNetPlus Software1 THE BUSINESS PROBLEM MetalWorks is a company that produces and distributes steel file cabinets and lockable steel storage boxes‚ known in the Industry as safety boxes. Currently the company runs two manufacturing facilities‚ one located in Des Moines‚ Iowa which manufactures both products and the other located in Dover‚ Delaware that produces just the file cabinets. These two facilities serve all of the approximately
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MINICASE ACCT – 13 1. What are the relevant facts? - The company for which Chris is the controller is facing difficult times in light of a downturn in the construction industry. - Chris and Robin know that a material receivable from the Ender Corporation is probably uncollectable. - The allowance adjustment for the material receivable has not been made - Allowance adjustment will cause the auditor to mention the company’s unstable financial position and therefore without a clear opinion‚ the
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Byakhya Lamichhaney Immunology lab 03/13/13 Answer the following questions: 1) Describe the mechanism of indirect ELISA. Why is ELISA so sensitive? The indirect ELISA maintains the following mechanism wherein the antigen which needs to test for first is added on to every well of the microtiter plate. Then a solution which contains the non reactive protein like casein or the bovine serum albumin is introduced to stop any further changes that had not drawn the interest protein‚ which is called
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Tesco Case Study Context Tesco‚ well known as Britain’s leading food retail group with a presence also in Europe and Asia has also been a pioneer online. As this Tesco.com case study shows‚ retailer Tesco is generally recognized as the worlds largest online grocer and it has an annual turnover of £1 billion online in the UK and has launched in other countries‚ internationally and is diversifying into non-food categories. http://www.tescocorporate.com/plc/ In 2006/7‚ Tesco.com sales were reported
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|7 |2 | |Course number: |Course name: | |AM 301808 |Export in Global Networks/ Eksport i globale nettverk | |Aids or resources permitted: All | |
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Hamlet ACT 1‚ Scene 1 and 2 Questions 1.1 1. What happens when Francisco and Bernardo meet at the beginning of 1.1? Where are we‚ and when? Why is there confusion over which one is supposed to challenge the other by asking "Who’s there"? Why is Horatio with Bernardo and Marcellus? Who is he? They saw something strange‚ we are at Denmark. He is asking “who’s there?” It is because he’s not sure what is there by judging the shadow he saw and it is at night causing the visibility
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Macbeth reading questions Act I‚ Scenes v-vii 1. How does Lady Macbeth respond to her husband’s letter? (I.v.15-33) Lady Macbeth fears that Macbeth is “too full o’ the milk of human kindness” (I.v.15)‚ that his kindness will restrain him from taking the necessary actions to make himself king; according‚ she vows to do anything she can to win him the crown. 2. What does Macbeth think about Duncan as a king? (I.vii.1-28) Macbeth thinks that Duncan “hath been so clear in his great office” (I
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1. See Appendix A 2. Liquidity ratio. The firm’s liquidity shows a downward trend through time. The current ratio is decreasing because the growth in current liabilities outpaces the growth of current assets. The quick ratio is also declining but not as fast as the current ratio. From 1991 to 1992‚ it only decreased 0.35 units while the current ratio decreased 0.93 units. Looking at the common size balance sheet‚ we also see that the percentage of inventory is growing from 33% to 48% indicating
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Case Questions: 1. What is Starbucks’ strategy? Is there good fit among its capabilities? Starbucks has established itself as a seller of specialty coffee through its stores and has targeted office goers and certain families‚ who visit Starbucks to either relax‚ read‚ chat‚ or socialize. To achieve its long term goal of becoming the most recognized and most respected brand of coffee in the world‚ it has recently expanded its operations to include bottled coffee and is also looking at presence
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