Extra Credit Assignment: Yeats Valves and Controls Inc. Completed as a Group with the Following Individuals: (in alphabetical order by last name) Adetunji Adeniyi Tung F. Cheng Gregory Chiu Rashmin Patel WenHao Zhang Course Title: Accounting and Finance Course No./Section: MG6093 Instructor: Frank X. Apicella November 28‚ 2012 Yeats Valves Question The following are questions which should focus the groups on important
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corresponding liability. Provisions for bad and doubtful debts: Allowance of uncollectible accounts receivable Provisions for sales returns: estimate sales return Managers will consider past experience‚ credit quality of the buyer‚ the age of the receivable and the economy for these accounts d. Two approaches for estimating uncollectible accounts: Percentage of sales: It is based on prior experience of the business. It is computed as a percentage of credit sales. It ignores the current balance of the
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Accounting Rate of Return (ARR) ARR provides a quick estimate of a project’s worth over its useful life. ARR is derived by finding profits before taxes and interest. ARR is an accounting method used for purposes of comparison. The major drawbacks of ARR are that it uses profit rather than cash flows‚ and it does not account for the time value of money. ARR is most often used internally when selecting projects. It can also be used to measure the performance of projects and subsidiaries within
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Total‚ average‚ and marginal product Total Product Curve The total product (or total physical product) of a variable factor of production identifies what outputs are possible using various levels of the variable input. This can be displayed in either a chart that lists the output level corresponding to various levels of input‚ or a graph that summarizes the data into a “total product curve”. The diagram shows a typical total product curve. In this example‚ output increases as more inputs
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200mL beaker started with an average temperature of 43.5oC it then gradually fell to 41oC after 45 seconds‚ then rapidly decreased in temperature by 2oC every 15 seconds. At the 90 second period it decreased by 4oC from 35.5oC to 31.5oC it then steadied out falling by 1oC per 15 seconds until the 120 second stop mark. For the 500mL beaker the temperature difference between the 15 second intervals were very different being more gradual with the temperature on average falling from 1 – 1.25oC per 15
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It was drawn to my attention that we are presently calculating the average daily power factor as the sum of the all the power factor measurements taken during that day divided by the total number of measurements {∑Pf1+Pf2+Pf3+…Pfn}/n. According to teachings on this subject this is entirely incorrect. Furthermore a document was written about this very theory some years ago by one Mr. Lampkin and it is apparent that no change was made to correct the calculations (please refer to). The following is
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WD5787.039-048 2/5/97 11:51 AM Page 39 HR AS A SOURCE OF SHAREHOLDER VALUE: RESEARCH AND RECOMMENDATIONS Brian E. Becker‚ Mark A. Huselid‚ Peter S. Pickus‚ and Michael F. Spratt1 Introduction The role of the Human Resource Management (HRM) function in many organizations is at a crossroads. On one hand‚ the HRM function is in crisis‚ increasingly under fire to justify itself (Schuler‚ 1990; Stewart‚ 1996) and confronted with the very real prospect that a significant portion of its traditional
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onomics 1. The chief economist for Argus Corporation‚ a large appliance manufacturer‚ estimated the firm’s short-run cost function for vacuum cleaners using an average variable cost function of the form. AVC= a + bQ+ cQ^2 (the 2 is suppose to be exponent) Where AVC=dollars per vacuum cleaner and Q=number of vacuum cleaners produced each month. Total fixed cost each month is $180‚000. The following results were obtained: Dependent Variable:AVC R-Square
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1. Compare and contrast the norm-based coding and absolute coding models of face recognition. Faces show a lot of information we can use to guide our social interactions - gender‚ ethnicity‚ age‚ and emotional state. Identification of faces requires sensitivity to subtle differences in very similar visual patterns. How do we search face space? Do they tile the space so an individual face can be represented by a peak in the distribution of neural responses (absolute) or do the use a code to represent
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the “it girl” in school. What happens when the child has desires that are incomporable with those of their parents? The parents will still love their child‚ immensely‚ but deep down they still want their picture perfect son or daughter. Bet from “Average Waves in Unprotected Waters” wished her son‚ Arnold‚ to have a normal life without special needs. She goes out of her way‚ financially‚ to make this happen by purchasing a jacket that was too expensive for her lifestyle. The jacket symbolizes the
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