1. What are your impressions of the General Electric brand and how the company’s products differ from those offered by competitors? General Electric (GE) is one of the oldest and largest manufacturers of major appliances in the world. The company offers four different brands; The GE brand which is a line of basic appliances‚ The Café brand which is a line of restaurant inspired appliances at reasonable prices‚ the Profile brand which offers contemporary designs along with the latest technologies
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Fall 2012 Remedies Outline GENERAL PRINCIPLES GOVERNING DAMAGES COMPENSATION Harris v. Peters Compensatory damages are those awarded to a person as compensation‚ indemnity‚ or restitution for a wrong or injury sustained by him. The purpose of compensatory damages is to make the injured party whole and restore him to the position he was in before the loss‚ but not to enable him to make a profit or windfall. When personal property is destroyed or rendered useless‚ the measure of damages is the
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is the process yield (measured in pounds). Daisy is interested in understanding the factors that influence the yield of the Wozac production process. Describe a model-building process for this situation. Solution Daisy is first interested in determining the factors that influence the yield of the process. This would be referred to as a descriptive model‚ because it describes the behavior of the actual yield as a function of various factors. Daisy might determine (using regression methods discussed
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More Practice for the Final Exam Adjusting Entries Key _____ 1. Accruals occur when cash flows: A) Occur before expense recognition. B) Occur after revenue or expense recognition. C) Are uncertain. D) May be substituted for goods or services. Answer: B _____ 2. An example of a contra account is: A) Depreciation expense. B) Accounts receivable. C)
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A. What is an account receivable? What other names does it go by? Accounts receivable are amounts owed by customers on account. They result from the sale of goods and services on credit. These receivables are generally expected to be collected within 30 to 60 days. They are typically the most significant type of claim held by a company. Accounts receivable and notes receivable resulting from sales are also known as trade receivables. Accounts receivable resulting from sales are referred to
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Balance per depositor’s records‚ Dec 31‚2009 | | $45‚000 | Deduct: | | | | | | Bank Service Charge | $25 | | | NSF check from Iggy Bates | $2‚500 | $2‚525 | Adjusted cash balance | | | $42‚475 | GUITAR UNIVERSE‚ INC. | General Journal | Bank Service Charges | $25 | | Accounts Receivable (Iggy Bates) | $2‚500 | | Cash | $2‚525 | To record bank charges
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International Tourism Management 2012 Economics for Tourism Quiz Question: What is a “zero-dollar tour”? How does it affect Thailand’s travel and tourism industry? Analyze the positive/negative effect and what should the Government do to? Zero-Dollar Tour Believed to be originated from Chinese media‚ the zero-dollar tour denotes a sort of inferior quality in China’s outbound package tours. Zero-dollar tours‚ or zero-based tour fares‚ are those where the tour operator allows tours without‚ or with
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Tottenham Hotspurs‚ Plc. This certain case has many different possibilities for evaluation which gives it much complexity and much liberty while evaluating it. The soccer business sure has a certain relation with the performance and their revenues which makes it highly unstable when speaking of forecasted income of the club. We must first value the firm at its current position in order to be able to value as compared to acquiring the new stadium and obtaining a new goal scorer. In
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Accounting for Managers TOPIC A: AN INTRODUCTION TO ACCOUNTING Investors – Individual and groups provide initial capital. Creditors – Company which loans money to another company (Suppliers/Bank). Managers – Oversee the day-to-day operations. What is accounting? * Process of Recognising‚ measuring‚ recording (also known as transactions)‚ disclosing and attesting to information. *Information – Decision Making (Value Creation)‚ Control (Monitoring). Process of Accounting: Transactions
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Violated rights Anne violated. Mr. Frank took Anne’s private papers and shared them with the world. Mr. Frank violated Anne’s rights by publishing her diary because Anne rewrote her diary and planned on only publishing the one she rewrote‚ as she left out conflict and sexual content when she rewrote her diary‚ but Mr. Frank published both diaries. Initially Anne left out conflict and sexual content when she rewrote her diary. “Is not‚ in fact‚ the singular original diary written by Anne Frank” (Bartnett
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