Operating leverage Def. of leverage - The degree to which an investor or business is utilizing borrowed money. Companies that are highly leveraged may be at risk of bankruptcy if they are unable to make payments on their debt; they may also be unable to find new lenders in the future. Leverage is not always bad‚ however; it can increase the shareholders’ return on investment and often there are tax advantages associated with borrowing. Def of operating leverage- a measurement of the degree to
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_________________________ Reconciliation is a form of agreement that deals with the legacies of our history‚ provides justice for all‚ and takes us forward as a nation. It is the process of Aboriginal Torres Strait Islanders and non Aboriginal Australians moving forward into a phase of mutual recognition of healing and justice. Reconciliation began in 1939 on Australia day where the Indigenous people called a Day of Mourning which was a call for recognition. The process of Reconciliation has also had an impact
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right. This article highlights some financial management practices considered most effective in creating and monitoring an operating budget. It also highlights the most common least effective financial management practices in creating and monitoring an operation budget. Most Effective Financial Management Practices in an Operating Budget Creating and monitoring an operating budget needs a careful consideration of so many factors; one of such factors is managing the finances. To do this‚ here are
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Bank Reconciliation Statements When are they necessary? When the closing balance in the bank column of the cash book is different to the balance on that date per the bank statement. Reasons for the difference. • Lodgements not yet cleared by the bank. • Cheques paid out but not yet presented to the bank. • Direct debits • Standing orders • Credit transfers • Bank charges • Dishonoured cheques. Bal. as per bank statement 875 Deduct Unpresented cheques
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3. Trauscht Corporation has provided the following data from its activity-based costing system: The company makes 340 units of product P23F a year‚ requiring a total of 710 machine-hours‚ 80 orders‚ and 40 inspection-hours per year. The product ’s direct materials cost is $40.05 per unit and its direct labor cost is $14.35 per unit. The product sells for $121.90 per unit. According to the activity-based costing system‚ the product margin for product P23F is: A. $9‚223.20 B. $7‚853.60 C
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------------------------------------------------- Chapter 5—Job Order Costing MULTIPLE CHOICE 1. Which of the following organizations would be most likely to use a job-order costing system? a. | the loan department of a bank | b. | the check clearing department of a bank | c. | a manufacturer of processed cheese food | d. | a manufacturer of video cassette tapes | ANS: A PTS: 1 DIF: Moderate OBJ: 5-1 NAT: AACSB: Reflective Thinking LOC: AICPA Functional
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TRANSFORMATIONS OF TEXT Hamlet and RAGAD Summary Notes ------------------------------------------------- HAMLET Themes- fundamental and often universal ideas explored in a text. Motifs- Recurring structures‚ contrasts‚ or literary devices that can help to develop and inform a responder of the texts major themes. Symbols- Objects‚ character‚ figures or colours used to represent abstract ideas or concepts. Caesura- Expectant atmospherical pause. Dichotomy- The division into two
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“Reconciliation is about unity and respect between Aboriginal and Torres Strait Islanders and non-Indigenous Australians. It is about respect for Aboriginal and Torres Strait Islander heritage and valuing justice and equity for all Australians.” (Australian Government‚ 2015). Concerned with the healing of the cultural divisions created since 1788‚ reconciliation is a movement which emphasizes a greater sense of acceptance and understanding. It is supported by a variety of different religious traditions
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The Truth and Reconciliation Commission (TRC) was the best and most effectiveness and best path of achieving truth and reconciliation in the South African context. Do you agree? Discuss I agree that the Truth and Reconciliation Commission (TRC) was the effectiveness and best path of achieving truth and reconciliation in the South African context. The TRC was established under the Government of National Unity (GNU) and was finalised by an act of a parliament
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Definition of Operating System: An Operating system is a program that controls the execution of application programs and acts as an interface between the user of a computer and the computer hardware. Need of an operating system: When a program written in a high level language is executed by a computer‚ the following steps are followed… The compiler to translate the program is loaded in the memory. The source program is read and loaded in the memory. The source program is compiled into object program
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