for competition among businessmen and bring prices down for consumers. 3. A business that sells watches that are more inexpensive than the watches a competitor sells is using which type of competition? (0.5 points) A Luxury Business Model is being used when a company sells merchandise more expensive than competitors. 4. What is a monopoly? (0.5 points) The exclusive possession or control of the supply or trade in a commodity or service. 5. What is a motive? (0.5 points) A reason for doing something
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LIST OF TOOLS and EQUIPMENT USED * These include: * Brooding bulbs * Gas brooder * Core paper * Barrow * Shovel * Rake * Hay fork * Bucket * Blow torch * Knap stack sprayer * Table spoon/ measuring spoon * Fan * Tube feeder * Tractor tailor * Plasson water * Waterer * Push broom * Overall * Respirator * Gloves * Goggles * Drum * Cheese tin * Fogger system * Gas cylinder * Matches * Medicine
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Checkpoint: Accrual Method •Nonprofit organizations are required to produce financial statements based on the accrual method of accounting. How is this different from the cash basis of accounting? Why is accrual accounting important? Cash basis accounting‚ for example when you ship goods out of your business to customers and they have receipt but have not received the cash‚ means that you may have not booked the revenue. Accrual accounting is more accurate with the timing of reported revenue
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Adjustment for Accruals and Prepayment Adjustment to final accounts are usually made at the end of a financial year Adjustments for accruals and prepayments are based on the accrual concept. The Accrual Concept • The Accrual concept states that income and expenditure should be recorded in the period in which they are incurred and not when they are actually received or paid Accrued Expenses • Accrued expenses are those that are not paid in the accounting period in which they are due (incurred)
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30 September 2009 As at 30 September 2009 Taka As at 31 December 2008 Taka Assets: Non current assets : Property‚ plant and equipment‚ net Intangible assets Investment in shares of X-Net Ltd. Long-term receivables and deposits Current assets: Inventories Deferred cost of connection revenue Accounts receivable‚ net Advances‚ deposits and prepayments Cash and cash equivalents Total assets Equity and Liabilities: Shareholders’ equity: Share capital Share premium Capital reserve Deposit from shareholders
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South East University Assignment Managerial finance (5133) Semester: Spring 2013 Problem-1 Warf Computers‚ Inc.‚ was founded 15 years ago by Nick Warf‚ a computer programmer. The small initial investment to start the company was made by Nick and his friends. Over the years‚ this same group has supplied the limited additional investment needed by the company in the form of both equity and short-and long-term debt. Recently the company has developed a virtual keyboard (VK). The VK uses sophisticated
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Week Three CheckPoint: Accrual and Cash Accounting XACC/290 August 11‚ 2013 Week Three CheckPoint: Accrual and Cash Accounting Accrual and cash-based accounting offer two different styles of tracking the flow of money in a business. Each serves a purpose and to understand this idea one must first realize the how one varies from the other. Accrual-based accounting can be described as any transaction that changes a company’s financial statement is recorded in the accounting period the transaction
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juvenile crime 4. felony 5. cyber crime 6. sex crime 7. juvenile crimes 8. finger pointing 9. public outrage 10. drug abuse 11. halfway houses 12. young minds are corrupted 13. lack of awareness 14. prison term 15. enforce rules HUMAN TRAFFICKING 1. traffickers 2. abducted 3. kidnapped 4. drugged with sleeping pills 5. agents 6. raid 7. victims are deceived... 8. recruited 9. women experience sexual violence /
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Finance 534 week 10 quiz 9 Question 1 Which of the following statements is NOT CORRECT? Answer |x | |Commercial paper can be issued by virtually any firm so long as it is willing to pay the going interest rate. | | | |Accruals are "free" in the sense that no explicit interest is paid on these funds. | | | |A conservative approach to working capital management will result in most if not all permanent current
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2-Critical Thinking 3-Opportunity for dissent. Accrual Accounting versus Cash Accounting Ok‚ if we are to attain our career goals we need to understand these two methods of accounting. This topic is very important in almost any field that one chooses to fashion their career. Yes I have had the privilege to work in the retail industry for more than 12years as a manager so I got a good hand on these two methods of accounting. Accrual accounting which is more common with large companies
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