J & L Accounting‚ Inc. Income Statement For the Month Ending January 31‚ 2013 Revenues Service Revenues 8‚375.00 Expenses Advertising Expense 2‚350.00 Rent Expense 1‚000.00 Office Supplies Expense 75.00 Telephone Expense 660.00 Utilities Expense 2‚925.00 Depreciation Expense 1‚100.00 Total Expenses 8‚110.00 Net Income 265.00 J & L Accounting‚ Inc. Post-Closing Trial Balance January 31‚ 2013
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1. J & L should hedge only some of its exposures to diesel fuel. Although there are several financial instruments available for J & L to hedge against the risk of rising diesel fuel prices‚ these instruments still have their own downsides and possibly their own risks. For example‚ the future contracts from NYMEX seems like an effective hedging strategy for J &L‚ but there are some difficulties in terms of using futures from NYMEX to hedge against the diesel prices. NYMEX does not trade
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J & L Railroad 1. J & L can use heating oil futures to hedge its exposure to diesel fuel prices. Which futures position should J & L take? Explain. J&L Railroad should take a long position. They need to purchase diesel fuel in the future‚ they don’t produce diesel fuel‚ so they would want to take a future to be able to lock in the price of diesel fuel for future purchases. 2. What problems could the use of heating oil futures for hedging create for J&L? Note: I assume this question is asking
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rain rule method of setting targets has remained constant for over a decade‚ the Duckworth/Lewis (D/L) method‚ arguably the most statistically influential phenomenon in cricket. While the accuracy of the D/L method has been well analysed‚ the comparison of it to its best alternative has not been given as much attention. The Jayadevan (VJD) method‚ an alternative which has been over looked for the past 10 years by the International Cricket Council (ICC) has now come to the forefront as the D/L method
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differentiable‚ different product must react differently in different segments. Lastly‚ actionable‚ areas that are segmented by actionable must result in actions‚ such as customer must have buying behavior that results in any action. This poses a challenge to Bentley as the company experienced a sudden huge decrease of sales in 2008‚ mainly
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Understanding of Bentley 1. Bentley Motors Limited Bentley Motors Limited is a British manufacturer of luxury automobiles founded in 1919 by W. O. Bentley. Having a rich heritage of 90 years‚ it is one of the famous manufacturers of ultra-luxury automobiles in the automotive industry. Bentley Motors is well-known for distinctive design‚ refinement and prestige. With the mission statement of “To build a fast car‚ a good car‚ the best in its class’’‚ it is dedicated to deliver
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example; “…the blues of the apex falling‚ then seething into a turbulence of red…” (Carr‚p.46) J. L. Carr who is the writer of A Month in the Country may have written his short novel as an open novel for the wide
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LIMITATIONS TO DUCKWORTH LEWIS METHOD Ravi Agarwal Abstract-The Duckworth Lewis method‚ or D/L method‚ was created by Frank Duckworth and Tony Lewis. The International Cricket Council (ICC) adopted D/L method in 1999 to address the issue of delayed one-day cricket matches due to interruptions such as inclement weather conditions‚ poor light and floodlight failures‚ and crowd problems. This paper deals with the evaluation of the Duckworth Lewis method‚ identifying its limitation‚ and
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experience started two semesters ago‚ at Bentley University. After almost three months I came to Babson as a student‚ I am able to recognize similarities and differences between these business schools. They both present the same “concept” of a small business school set apart from the big city‚ but small differences is what it counts and makes them what they are. Even though there are a lot of similarities‚ those small differences are what made my decision to transfer from my previous university.
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MCR PRIVATE (LTD.) IS A RAPIDLY GROWING ORGANIZATION WITH ITS NEEDS EXPANDING AT A RAPID PACE. THE SYSTEM ITSELF IS UNRELIABLE‚ AND CONTAINS ITS SHARE OF ERRORS. AFTER CAREFUL INVESTIGATION AND ANALYZING THE PROPOSED SOLUTION TO UPGRADE THE SYSTEM WILL BE GREATLY FELT IN TIME TO COME. THE SIMPLICITY AND PROFESSIONALISM OF THIS NEW SYSTEM WILL SURELY TAKE THE ORGANIZATION TO A NEW ERA. TO A SYSTEM WERE PERSONAL TOUCHES‚ REQUIREMENTS AND NEEDS FULFILL AND SATISFY EACH NEW DAY AT MCR PRIVATE (LTD.)
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