DEPARTMENT OF ACCOUNTANCY UNIVERSITY OF ILLINOIS MEMORANDUM TO: Raluca Chiorean FROM: Section AE2 DATE: June 30‚ 2012 SUBJECT: Samuel’s Electronics Analysis INTRODUCTION In this memorandum‚ I’ll discuss strengths and weaknesses of using FIFO versus LIFO as the cost flow assumption in the accountant’s process of inventory valuation for financial statement reporting to a company’s external stakeholders. FIFO AND LIFO ANALYSIS As shown in the exhibit‚ because the price of LG TV was decreasing
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1.0 Recommendations: 1. Continue the Emphasis on Delivering High and Personal Customer Service 2. Leverage the website for marketing purposes‚ focus on increasing revenues and not necessarily reducing costs. 3. Establish and manage a customer awareness database to be leveraged by all Four Seasons properties. 4. Solicit select feedback from customers regarding use of technology‚ e.g. concerning automated checkout (i.e. should it be an option). 5. Implement a ’Seasons Pass’ - rewards program to
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What Are Your Strenghts And Weaknesses? Life is a never ending learning experience. One of the most important lessons we can ever learn from comes from yourself. We as people go through alot ina life time‚ it is essential that we learn who we are‚ and have the ability to recognize and grow from our own personal strengths and weaknesses. Knowing what we are good at and what we are weak in is the only way we can truly grow as individuals. This knowledge helps us to accomplish the goals we set
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Strengths‚ Weaknesses‚ Opportunities and Threats about my business (E-Commerce) Strengths Ability to compete with other companies global and locally -Implementing an e-commerce business solution allows companies to expand their customer base to a global level without considerable time or expense. Specialization and niche selling -The larger customer base created by online sales allows e-tailers to specialize in certain niche products that could not support a more traditional business model
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Discuss the Strengths and Weaknesses of the Three Main Theories covered in this Module. This essay will attempt to highlight and evaluate the strengths and weaknesses of the three main theories of counselling within the module covered this term. The three approaches in discussion are psychodynamics‚ cognitive behavioural and humanistic. The psychodynamic theory originated from Sigmund Freud‚ a medical doctor and philosopher (1856 - 1939) founded in the 1900s. Freud developed his ideas whilst working
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CSR Activities of Maruti Suzuki India Ltd. To achieve long-term sustainability and prosperity the company has nurtured a socially responsible behaviour towards its various stakeholders. It has proactively taken care of the needs and sustainable growth of its stakeholders and they in turn‚ have supported the company in achieving its vision and business results‚ year after year. As a result‚ sustainability has become an integral part of the company’s approach to business and decision making
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Strengths British Airways is an established and a well-known brand and an icon that carries the symbol of UK air travel‚ is the largest British based airline considering it financial size and stability. Rich‚ strong and robust partnerships founded Oneworld alliance‚ becoming the third largest in the world. BA also takes advantage of Economies of scale by using the spare space of aircraft for cargo services.Additionally‚ a sole access to Terminal 5 development boost mobility in Heathrow airport Weakness
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Weaknesses of modern democracy Political science 202 01/01/2013 “Democracy is the worst form of government‚ except for all those others that have been tried from time to time.” These are the words used by Sir Winston Churchill while he was expressing his resolve with democracy. Democracy is the dominant form of government in the world with the exception of a few countries. In Sir Winston’s statement‚ the phrase‚ “except all those others that have been tried from time to
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Boeing Strengths 1. Company has proven longevity and can withstand financial blows Boeing has been in business for over 60 years‚ and has been a frontrunner in international aviation since its inception. By now‚ the company has accumulated enough assets to immediately bounce back from financial minor crises. Essentially‚ this is a company that will be around for a while. 2. Diverse Aircraft. Large fleet Boeing’s vast arsenal can compensated for slow business in an specific department. With
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language learners and economically disadvantaged students‚ there are still deficiencies in academic vocabulary and other factors that affect student performance. The objectives have clear strategies and activities outlined to help address these weaknesses. Each area of weakness involves many students. The SIP covers a range of school information for a grade span of 3rd through 5th grade. Also included in the data and analysis is information about student performance percentages meeting or
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