$ 22 M Dr Cost of Goods Sold $ 9.9 M (COGS to net sales ratio: 45% and the additional net sales at the end of 1993 = $22 million) Cr Inventories $ 9.9 M Q2. B&L’s accounting treatment of the product shipment arising from its new sales strategy is correct. Our opinion is based on the revenue recognition of the accounting rules. There are two conditions for revenue recognition. One is completion of the
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Strategic Sourcing 2.0 by John Brennan Innovative Analytics & Training LLC | www.innovative‐analytics.com Executive Summary. Global sourcing executives face more challenges than ever‚ and the global sourcing environment will only grow more complex. The firms that survive the next century will do so because they make key investments in building the next generation of strategic sourcing capabilities. Strategic Sourcing 2.0 is about automating networks and analysis that is more rigorous
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1. Assess the contribution of postmodernism to sociologists understanding of crime and deviance in today’s society (21 marks) Some sociologists believe that we now live in a post-modern society that has a distinct set of characteristics in comparison to modern society. This essay will discuss the changes that have taken place in postmodern society and how this impacts upon our understanding of crime and deviance. Some of the characteristics of post-modern societies are.... What are some of
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Master in Business Administration Program School of Business and Management Xavier University - Ateneo de Cagayan Cagayan de Oro City Case No. 3-1 MAYNARD COMPANY (B)* I. VIEWPOINT Friend‚ Diane Maynard II. STATEMENT OF THE PROBLEM 1. How to prepare an Income Statement in a proper form for June and explain the derivation of each item including Cost of Sales? 2. Why is the change in Cash balance greater than the Net Income?
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Jupiter Game Company manufactures pocket electronic games. Last year Jupiter sold 25‚000 games at $25 each. Total costs amounted to $525‚000‚ of which $150‚000 were considered fixed. In an attempt to improve its product‚ the company is considering replacing a component part chat has a cost of $2.50 with a new and better pail costing $4.50 per unit in the coming year. A new machine also would be needed to increase plant capacity. The machine would Cost $18‚000 with a useful life of six years and no
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Case Study 2 Sarah Trachte Liberty University Case Study 2 1. What should Howell do? How should D-Bart make reduction decisions when performance appraisal documents are inaccurate? The first thing D-Bart needs to do is to be open and honest with their employees. In this type of situation‚ emotions will be running high and it’s important that the organization conducts rumor control. In addition‚ if the organization is not honest with their employees it may result in a lost of trust and
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Julien Levesque June 17‚ 2010 MISM 2301 Sourcing Scenarios Case Questions Case 1: Outsourcing 1. Develop a table that captures the “pros” and “cons” of this corporate decision. Pros | Cons | Improved quality * Operational and management activities * Accurate record of transactions | Jeopardy of quality * Poor communication between suppliers * Testability * Qualifications of outsourcing company | Cost effective * Lowers cost service to the business |
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HW3—Airtex Aviation‚ Inland Steel Company Case 1: Airtex Aviation‚ Text p. 246 Homework assignment: Discuss two elements of the control system that Frank and Ted implemented. In your opinion were these appropriate and if so what will they help achieve? After they purchased the business of Airtex Aviation‚ Frank and Ted implemented a control system across the whole company. I would like to discuss both action controls and personnel controls in the system. Action controls include: 1) Profit
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Duke Energy New Project Background and Analysis As we are all keenly aware‚ the answer to efficient‚ clean‚ profitable power is comparable to searching for the Holy Grail. Strong headwinds face any power utilities efforts to build more carbon based power plants. Nuclear power‚ while clean in a sense‚ faces community shouts of “Not in my backyard.” Duke Energy‚ and several other players in the power industry‚ has embraced the idea of more efficient delivery of its current power production
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DIFFERENT SOURCING RELATIONSHIPS Direct sourcing model The adidas Group holds direct contractual relationships with its core suppliers who are centrally supervised by Global Operations. Global Operations is a Group function which manages product development‚ commercialisation‚ distribution and supervision of the manufacture of apparel‚ footwear and accessories for the adidas‚ Reebok and TaylorMade-adidas Golf segments. These suppliers produce the predominant share of the total sourcing volume of
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