Generally‚ the term cost of production refers to the ‘money expenses’ incurred in the production of a commodity. But money expenses are not the only expenses incurred on the production of a commodity. There are number of services and inputs such as entrepreneurship‚ land‚ capital etc.‚ which are offered by an entrepreneur without changing any price or receiving any payment for them. While computing the total cost of production‚ allowance should be made for such expenses. It is therefore essential
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RETAIL SCENARIO IN INDIA Unlimited Opportunity Contents The Global Retail Industry: An Overview Retail Scene in India: Touching Meteoric Scales Different Forms of Retailing Malls in India Challenges of Retailing in India Retail as an Employment Generator Retail Industry in the East: Current Scenario‚ Growth Prospects and Upcoming Projects Retail Education in the East Factors needed to promote the Industry in West Bengal Conclusion The Global Retail Industry : An Overview Retail has played
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NESTLÉ’S CURRENT SCENARIO Nestle India has an excellent understanding of the local market and has launched products that meet the tastes and needs of the local population. The majority of its products currently cater to urban Indians and the company is progressively expanding its reach into rural areas as the country’s per capita income grows. According to Nestle India ‘At Nestlé India we make big investment in people‚ they are our top priority. For us‚ our people are the key drivers for our success
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The Right Way to Recognize Revenue Learn the components of SAB 101 and mistakes to look out for. BY THOMAS J. PHILLIPS JR.‚ MICHAEL S. LUEHLFING AND CYNTHIA M. DAILY More than half of the financial reporting frauds among “A U.S. public companies from 1987 to 1997 involved overstating revenue‚ according to a study conducted by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Auditors have always focused on possible revenue recognition overstatement in financial
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filling with 127‚500‚000 of Wellbutrin XL tablet. d. The revenue of each Wellbutrin XL tablet Wholesaler cost = $2.83 x = $2.096 Distributor cost = $2.096= $0.4192 e. Total revenue per truck 127‚500‚000 x $0.4192 = $ 53‚448‚000 One truck can carry $10million worth of Wellbutrin XL tablet product. Q2: How should the company recognize revenue based upon the two possible FOB structures mentioned in the case? In order to recognize revenue‚ there are four conditions must be met as according to GAAP
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and remuneration. Here is a portion of the viewpoints that must be considered in choosing an attorney. 1. Make an inquiry or two. Converse with your companions‚ particularly your associates‚ who may have referrals to offer. You can search for proposals from the neighborhood bar relationship‚ too. With regards to quality guidance‚ you should check for references that are attempted and tried. Another choice is to check on the web. Since numerous law offices have their
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Loan Scenarios Midland Chemical Co. is negotiating a loan from Manhattan Bank and Trust. The small chemical company needs to borrow $500‚000. The bank offers a rate of 8 ¼ percent with a 20 percent compensating balance requirement‚ or as an alternative‚ 9 ¾ percent with additional fees of $5‚500 to cover services the bank is providing. In either case the rate on the loan is floating (changes as the prime interest rate changes). The loan would be for one year. A. Which loan carries the lower
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Atomic Bomb. Now the Soviets being our enemies could drop the bomb at any time. So you viewers out there need to be prepared. We are now going to show you three scenarios in how to protect yourself against an Atomic Bombing. Scenario 1 (screens shift from News broadcast to Person cooking in kitchen) Raianne voice over: Scenario 1. You’re preparing dinner in your kitchen when all of a sudden... *Earthquake noise play in background* (Person cooking would run and grab nearest
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Introduction This assignment features the recognition and measurement of revenue depending on the source of revenue in accordance with the provisions of International Accounting Standards (IAS) 18 Revenue. I researched the topic and defined the special purposes of the assignment: first of all‚ it is important to know the main concepts of IAS 18‚ also to learn the rules by using this particular regulatory framework‚ and to get knowledge about writing the report at all.
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put everything we have learned in theory from our first semester to now in our forth semester into practical real-world scenarios. During the first round of scenario testing I observed a group that had a male and female officer they were on duty and had calls of a homeless man lingering around the ATM machine asking people for money as they were withdrawing funds. During the scenario‚ the officers failed to scan the area for any weapons that could be potentially dangerous to them or anyone else. I learned
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