Chapter 6 Inventory & Cost of Goods Sold Short Exercises (10 min.) S 6-1 Billions Inventory………………………… 3.8 Cash…………………………... 3.8 Accounts Receivable…………. 19.7 Sales Revenue………………. 19.7 Cost of Goods Sold…………… 4.5 Inventory……………………... 4.5 Cash……………………………… 18.8 Accounts Receivable………. 18.8 (10-15 min.) S 6-2 1. (Journal entries) Inventory………………………………….. 120‚000 Accounts Payable……………………
Premium Inventory FIFO and LIFO accounting Revenue
Test Your Knowledge Form Chapter Number and Title: Chapter 6 – Intellectual Property Rights and Computer Technology Your Name: Today’s date: 1. Briefly state the main idea of this chapter. The main idea of this chapter is on computer products and services. Within the computer products and services it focuses on copyrights‚ trademarks‚ and patents. With that in mind‚ it details the foundation of intellectual property and the steps you should follow to protect yourself and your ideas
Premium Copyright Trademark Intellectual property
Chapter 6 Review Questions 1) Which of the following must a firm in a market economy do today to succeed? A) Produce the goods and services that consumers want at a lower cost than consumers themselves can produce. B) Organize the factors of production into a functioning‚ efficient unit. C) Have access to sufficient funds. D) Market firms today must do all of these things. 2) Organizing a successful firm in a market economy has become ________ over the last century. A) legally impossible
Premium Corporation Stock Stock market
Chapter 6 MULTIPLE CHOICE Name: Jared Senseman 1. C If you need to convey information that contains good- or neutral-news‚ you should a. use letters but not e-mail or voice mail. b. use e-mail but not letters or voice mail. c. use e-mail and letters but not voice mail. d. use e-mail‚ memos‚ or voice mail. 2. A Business messages should be organized based on a. a prediction of the receiver’s reaction to the main idea. b. the
Free Communication Message Form of the Good
A) Watch this BBC clip http://www.youtube.com/watch?v=FzxGyKyzfP8&feature=related and discuss the problems with globalization. Do you believe it is possible for a global company to simultaneously achieve the goals of global efficiency and integration‚ national responsiveness and flexibility‚ and worldwide transfer of knowledge and innovation? Discuss Globalization has many apparent issues that were highlighted in the video. One of the problems shown was related to non renewable resources. A globalized
Free Globalization
Positive effects: economic growth and reduction of poverty There are at least three positive financial effects of economic globalization. "Per capita GDP growth in the post-1980 globalizers accelerated from 1.4 percent a year in the 1960s and 2.9 percent a year in the 1970s to 3.5 percent in the 1980s and 5.0 percent in the 1990s. This acceleration in growth is even more remarkable given that the rich countries saw steady declines in growth from a high of 4.7 percent in the 1960s to 2.2 percent
Premium Globalization World Bank United Nations
constantly improving the website’s user friendliness‚ this can be done by improving the search engine for example. Or something as easy as changing some colors to match the season. Question 4: FedEx built its business on quick‚ dependable delivery of items being shipped by air from one business to another. Its early advantages included global tracking of shipments using Web technology. The advancement of Internet technology enabled competitors to become much more sophisticated in order tracking. In
Premium Customer Consultative selling Furniture
The Ethical Challenges of Professional Practice Prepared by: Malgorzata Delimat Introduction In recent months‚ a sense of chaos has prevailed in Ireland. Scandals‚ which emerged in banking sector‚ have done horrendous damage to credibility of accountancy profession and reputation of Irish financial system. In these difficult times‚ it is very important to understand what the ethical challenges of accountancy profession are. As professionals‚ accountants
Premium Ethics Morality Business ethics
AP U. S. History Questions Chapter 6 1. Deficiencies in Confederation To weak Could not levy taxes‚ had economic problems causing social unrest Not strong enough to hold states together Regulations state to state hard to deal No uniform tax‚ different taxes in each state Rebellions with direct challenge towards congress for more national government or even a dictatorship‚ unable to deal with national problems 2. American Manufactures- replace state tariffs with uniformly high national
Premium United States Constitution Alexander Hamilton
Resolving Conflicts With People Abstract Conflict in the workplace just seems to be a fact of life. There are situations where different people with different goals and needs have come into conflict. And if the conflicts are not resolved they can be intense personal animosity between individuals involved. There are bound to be differences‚ arguments and conflicts in the work place and conflict resolution is an essential skill that a person should have. This is a skill that is thought or acquired
Premium Employment Dispute resolution Resolution