PROBLEM SET 1 - SOLUTION PROBLEM 1 Part A - Record a liability (and expense) for $800‚000 in 2009. Since the loss has been recorded‚ we don’t have to disclose it. However‚ if the possible loss exceeds $800‚000 (or if the probable loss was a range and we only recorded the minimum) then we need to disclose. Part B - If only 80% of the cans were sold before 12/31/09‚ then record a liability of $640‚000. The recall of the cans sold in 2010 would be disclosed as a subsequent event. Part C - Disclose
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Supercombra: Andean Farmers Summary: Supercompra is a large retailing company‚ who was acquired by Grupo Mazaplan. Their procurement strategy was to decentralize production facilities and source from local farmers. This strategy would help reduce lead times‚ mitigate some supply risks associated with transportation. Supercompra had a lot of challenges faced with this strategy; especially with low-income suppliers. Problem: What type of supplier selection strategy to elect‚ so Supercompra has
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family and calls regarding Scotty in a time of trouble and sorrow. Any person with a soul would not do that knowingly. This change of heart is caused by the Weiss family confronting him about the calls‚ which turned into a heart to heart about the loss of a loved
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title suggests: language and words‚ and thus communication‚ has been lost. Merwin creates a nostalgic and sad tone to emphasize the loss and quickly establishes the direction of the poem using simple diction. He carries this simple language‚ along with the mournful tone‚ into the rest of the work and does not stray from the subject. This allows the central idea‚ the loss of language‚ to not only persist throughout the piece but to become the dominant thought in each line. The speaker starts with “A
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Shenandoah‚ is a about the Anderson family‚ who tries to avoid involvement with war‚ but yet still suffers the consequences of war through the loss of family members. Although
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The Arena In this short story by Martin Golan‚ Martin describes the pain a father has about the loss of his only son and child from his first wife. The father can´t help‚ but think about his son and how his life used to be before this tragic incident occurred in his life. The father is now divorced and has a second wife with whom he is living with now. However‚ according to the father it is not the same as it used to be with his old wife. They do not have the same “chemistry” as he did with his
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IV rule 2 where losses or damages to goods as a result of the act‚ neglect‚ default of master‚ mariner‚ pilot or servant of the carrier in navigation or management of the ship. Third‚ from Art IV rule 2 (b)‚ carrier is excluded from liability to the loss or damage caused by fire unless is caused by the actual fault of the carrier. Perils of the sea‚ as in accordance to Art IV rule 2 (c)‚ where perils of the sea is referring to any damage caused by pirates‚ storms‚ collision which could not have been
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User Requirements To create a system that is easy to use and learn to use‚ A system that will work on an average home computer with Microsoft access‚ One that is secure and will be backed up to prevent the loss of data. It should be quick and easy to update any information about a member or coach‚ for example any payments needing made‚ any payments received‚ or any medical information about the players. Players should be automatically allocated to the club when they have passed the medical.
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who choose to put their sporting careers at risk by behaving in childish ways. Their contracts should result in termination‚ suspension or they should be fined‚ depending on the circumstance. Athletes who display idiotic behaviour create a financial loss for their club as well as creating a negative image for them too. And‚ by being in the public eye‚ they are setting a bad example for their fans‚ especially the children who look up to them. Media coverage of off field indiscretions can create
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that explores the story of the protagonist‚ Aminata‚ who is separated from her home‚ family‚ culture and faith. This book demonstrates the effectiveness of Hill’s ability to portray imagery. Hill uses effective imagery to emphasize the fact that often loss is worse than death itself. This is shown through the book when Aminata loses her parents‚ her child and her home. These losses are worse than death itself. Aminata losing her own parents shows how losing them is worse than dying herself
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