Problem 8-3. For each of the following situations‚ the present value concept should be applied: 1. Your wealthy aunt just established a trust fund for you that will accumulate to a total of $100‚000 in 12 years. Interest on the trust fund is compounded annually at an 8% rate. How much is in your trust fund today? 2. On January 1‚ you will purchase a new car. The automobile dealer will allow you to make increasing annual December 31 payments over the following four years. The amounts
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conjunction with a solicitor when you do this. Instruct them to stick to ‘plain English’ so that you can explain the clauses to your clients easily. 2. Decide which parts make sense for you to include in your own proposals 3. Copy and modify the text from the sections you have decided to use‚ and then save your new document in ‘Stationery’ format. 5. For each new project‚ open your Template‚ use ‘Find & Replace’ to insert your client’s actual name everywhere exists. All template items
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Chapter 12 Legal Value * Promise to do something that one has no PRIOR legal duty to do. * A performance of an action that one is not obligated to do * Refraining from an action that one has a legal right to do (forbearance) Rescission- the opposite of forming a contract‚ and bring the parties to the positions they occupied before the contract was made Past consideration- no consideration or a promise to give another something of value in return for goods or services rendered and
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2-40 Strategic positioning The emphasis in the case info on the product quality and craftsmanship‚ is the best described as differentiation on the quality of the product. In contrast‚ the company is more likely to succeed if it can continue to appeal to those customers looking for up-scale‚ higher quality table lamps and lighting fixtures. When using differentiation as the Company’s strategy‚ it becomes clear that maintaining the Classic line is critical to the company’s success. Thus‚ elimination
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1. Conversion cost is the sum of direct labor cost and direct materials cost. F 2. Depreciation on office equipment would be included in product costs. F 3. When the predetermined overhead rate is based on direct labor-hours‚ the amount of overhead applied to a job is proportional to the estimated amount of direct labor-hours for the job. F 4. Indirect materials are charged to specific jobs. F 5. When a job is completed‚ the goods are transferred from the production department to the finished goods
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Nokia 1280 RM-647 Service Manual Level 1&2 SERVICE MANUAL Level 1&2 RM-647 Transceiver characteristics Band: EGSM 900/1800 Display: 1.36” black and white display 96 x 68 pixels resolution Operating System: S30 Connections: Cellular radio: GSM 2.0 mm DC charger connector 3.5mm AV connector Talk time Standby GSM: Up to 12.78 hours GSM: Up to 720 hours Note: Talk times are dependant on network parameter settings. 1 Confidential Copyright
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ABC Company Internal Audit Manual Internal Audit Manual Page 1 TABLE OF CONTENTS TABLE OF CONTENTS...................................................................................... .....2 CHARTER......................................................................................... ....................5 INTRODUCTION................................................................................................5 ORGANISATION AND BOARD REPORTING....................................
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A Library Management System For Malinta National High School In Valenzuela City In Partial Fulfillment To the requirements of Technical Documentation and Presentation Skills In ICT Submitted to: ASSOC. Prof. Iluminada Vivien Domingo‚ DBA Submitted by: Paraños‚ Philip C. Tanyag‚ Adriano Miguel July 9‚ 2014 TITLE: A Library Management System for Malinta National High School in Valenzuela City KEYWORDS: 1. ADDING – Adding new books in the records
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ALL ANSWERS ASSUME A TAX RATE OF 35% Even though the tax rate appears to be 1720 / 6725 = 25.57% In answering the following questions‚ please refer to the financial statements of Caterpillar Inc. (CAT) and the relevant Notes to these statements at the end of this write-up. 1. What could be the cause(s) for the shift in LIFO-based inventory from 70% at December 31‚ 2010 to 65% at December 31‚ 2011? A decrease in the replacement cost for Cat’s inventories‚ or an increase
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1. Describe in words how costs are assigned in the Wilkerson’s current costing system. Discuss the pros and cons of this system. Wilkerson uses a simple traditional cost accounting system in which each unit of product is charged for direct material‚ direct labor and overhead costs. Material cost is based on the prices paid for component under annual purchasing agreements. Labor cost is charged to products based on the standard run times for each product. Labor rates‚ including fringe benefits
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