Accounting and Finance Management Assignment 2 Semester: 3 Prepared by: Osoba Seun Student Number: Sc-Kl-00021763 Email Address: josher4real@yahoo.com Date submitted: 17/01/2014 Question 1 Sales Budget September ($) October ($) Budgeted sales (units) 9‚500 Selling price per unit $12 Total sales 90‚000 114‚000 Schedule of expected cash collections: October ($) Account
Premium Public company Balance sheet Privately held company
The main issues encountered in the case to be discussed deal with ethics‚ discrimination‚ promotion and cultural values. In this case‚ an Indian company‚ Hindustan Lever LTD‚ launched a promotion campaign that relates fairness with success in a country where the color of your skin has a social meaning. By doing so‚ the company was explicitly saying that dark skinned people couldn’t be successful neither in their professional nor in their private lives. Even if this conception is or was part of the
Premium Sociology Human skin color Culture
The first supreme court case that impacted fair use was Sony Corp. of America v. Universal City Studios‚ Inc.‚ 464 U.S. 417 (1984). In Sony Corp. of America‚ owners of copyrights on television programs brought infringement actions against manufacturers of home videotape recorders. The Court argued that the situations in which fair use most commonly recognized are found in the statute itself; when a work is used “for purposes such as criticism‚ comment‚ news reporting‚ teaching‚ ... scholarship‚ or
Premium Fair use Copyright Copyright infringement
development where the booming economies followed by the financial crisis. The Iceland financial regulator (FME) is playing a vital role in preventing the crisis. They need to make sure that the management is doing their job well. Besides that‚ they must confirm that the information they grabbed is reliable. Too‚ make sure that there is enough risk awareness especially for financial aspect in the country. Then‚ the FME also need to cope the crisis in realistic. Overall‚ they need to make sure the limited
Premium Bank Central bank Economics
1 The term financial crisis is applied broadly to a variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries‚ many financial crises were associated with banking panics‚ and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles‚ currency crises‚ and sovereign defaults.Financial crises directly
Premium Financial crisis Economics Recession
ETHICS IN ACCOUNTING Presented by: Rojina Sapkota Abhilasha Thapa Pooja Shah Sandeep Gautam Mendhala Lama Gurung AND THE ACCOUNTING PROFESSION What is ETHICS? -All about making right choices and producing good behavior What is ETHICS in ACCOUNTING? -Being responsible enough to behave as a TRUSTWORTHY accountant. ROLE/IMPORTANCE OF ETHICS IN ACCOUNTING To provide true knowledge of the financial transactions taking place. To ensure correct decision making . WHAT IS AN ETHICAL DILEMMA
Premium Accountant Accountancy Certified Public Accountant
DENMARK CORP 3364 Crisis and Business Continuity Management An Analytical Evaluation On Toyota’s Crisis of Unintended Acceleration Submitted By: Ram Prasad Kadariya P11016207 Nov. 28‚ 2011 Tutor: Sven-Eric Bruhn Bertelsen Toyota Crisis of Unintended Acceleration Definition Any company smaller or larger can have a crisis sooner or later and that can have serious negative impact on it. Pearson and Clair ( 1998 ) as cited in Crandal‚ Pamel and Spillen ( 2010 ) define crisis as an event with
Premium Toyota Crisis management
Rationality Breeds Legitimacy In Jurgen Habermas’‚ Legitimation Crisis‚ Western society is examined through a sociological lens to determine whether society is just. In his work‚ Habermas argues that advanced capitalism in Western societies leads to a legitimation crisis. Advanced capitalism displaces crisis tendencies‚ by means of state action‚ from the economic sphere into the socio-cultural sphere. Therefore‚ the legitimacy provided by the cultural sphere is threatened‚ resulting in a loss
Free Capitalism Economic system Karl Marx
1991 India economic crisis By 1985‚ India had started having balance of payments problems. By the end of 1990‚ it was in a serious economic crisis. The government was close to default‚ its central bank had refused new credit and foreign exchange reserves had been reduced to such a point that India could barely finance three weeks’ worth of imports. The country had to airlift its gold reserves as a pledge with theInternational Monetary Fund (IMF) for a loan.[1] The crisis was caused by currency
Premium Central bank Bretton Woods system Foreign exchange reserves
MAA103 & MAAP103 - Accounting for Decision Making ASSIGNMENT – TRIMESTER TWO‚ 2011 (Relates to Topic 4) Represents 20% of the assessment for this unit DUE DATE: ASSIGNMENT PLANNER: MONDAY 1 AUGUST‚ BY 5.00pm FINAL ASSIGNMENT: THURSDAY 8 SEPTEMBER‚ BY 5.00pm NOTE the following general submission points: 1. 2. 3. 4. 5. Assignment can be completed in groups of no more than THREE students. Students CAN NOT complete assignment with students from other lecturers classes. Only ONE hardcopy of
Premium Financial ratio Financial statements Ratio