S&S Air‚ Inc. 2009 Income Statement Sales COGS Other Expenses Depreciation EBIT Interest Taxable Income Taxes (40%) Net Income $20‚077‚000 $14‚985‚000.00 $2‚399‚000.00 $655‚000.00 $2‚038‚000.00 $362‚000.00 $1‚676‚000.00 $670‚400.00 $1‚005‚600.00 Dividends Add. To RE $205‚000.00 $800‚600.00 2009 Balance Sheet Current Assets Cash AR Inventory Total CA Fixed Assets Net P&E Total Assets 1. Ratios Current Ratio Quick Ratio Current Liabilities $365‚040 $1‚534‚680 $1‚238‚500 $3‚138‚220 AP Notes Payable
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Midterm Exam You will have 2 ½ hours to complete the exam. The exam is open note and open book‚ everything but open conversation. There are nine (9) problems worth 30 points each. Take your time. You cannot stop and restart the exam. You will not need a proctor for the exam. You will need to know how to calculate the following: Product costs Period costs Variable costs Fixed costs High-low method Prepare a contribution format income statement Prepare a traditional format income statement
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INTRODUCTION TO BUSINESS ENVIRONMENT Chapter Outline : • Introduction • Meaning of Business • Business Objectives • What is Business Environment ? • Nature of Business Environment • Components of Business Environment • Determinant of Business Environment • Review Questions • References Introduction : Business environment is becoming highly complex‚ unstable and unpredictable in the globalised economy of today. The environment is the result of
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Gender Role Changes How does time influence gender roles? Gender is defined as the behavioral‚ cultural‚ or psychological traits typically associated with one sex‚ and gender role is defined as an overt public presentation of one’s gender identity. In the book‚ The Catcher in the Rye‚ the strict gender roles defined the way people were expected to act and how they were viewed. Compared to what we see today those expectations have changed since the 50’s‚ for the better. During the 1950’s men and women
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There have been an overwhelming increased number of unethical behaviors in the accounting environment where a lot of accounting environment present accountants with many accounting dilemmas. Accountants handling any financial information such as companies financial statement must be operate out rightly in an ethical manner because such information is critical to a company’s well being both legally and in a business perspective and also in the accountants own perspective as it determines his compensation
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2007 0022-2380 Belbin’s Team Role Model: Development‚ Validity and Applications for Team Building* Aitor Aritzeta‚ Stephen Swailes and Barbara Senior University of the Basque Country; University of Hull; Highfield House Consultancy abstract This paper brings together research into and using the team role model developed by Belbin (1981‚ 1993a) in an attempt to provide an exhaustive assessment of construct validity in light of the conflicting evidence so far produced. Role theory is used to contextualize
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SOCIAL Women’s role in the FRENCH REVOLUTION Women not invited to the assembly of estates general On 5 May‚ 1789‚ Louis XVI called a meeting of the estates meeting and women were not invited. However‚ their grievances were drafted in the 40000 letters. The modesty of most of these complaints and demands demonstrates the depth of the prejudice against women’s separate political activity. Women could ask for better education and protection of their property rights‚ but even the most politically
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Fundamentals of Accounting: Managerial verses Financial Accounting Fundamentals of Accounting acct122 Fundamentals of Accounting: Managerial verses Financial Accounting What has the organization in its focus; futuristic planning‚ financial control‚ and data based decision making affecting its reports and suggestions; and an emphasis on relevance and timeliness in its decision making (2012)? The answer to this question is managerial accounting. According to J. W. Jones (2013)‚ a retired
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2010‚ foreign companies will be able to file on U.S. Stock Exchanges using IFRS standards. With that in mind‚ what are some of the challenges facing the accounting profession‚ and how do you see them affecting you in the future? Provide specific details to support your opinion in your response. Answer: The accounting field has standards in place that are used to report financial information of companies so that one can get a clear understanding of the company’s financial standing
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were treated unequally from the males. The role of a women played the part of their description‚ physically and emotionally weak. They were often classified as the “weaker sex” because women had no control over anything they owned or valued. It was a time where men dominated women and they were left out of all decisions. “The average farmer’s wife is one of the most patient and overworked women of the time” (Hartman). However‚ women’s efforts during the 1800’s were effective in challenging traditional
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