Re: Case 2 Three Little Pigs‚ Inc. I’m writing this in response to your question on how should the Company determine whether an impairment exists and how should management evaluate impairment. The Company should record inventory impairment when according to ASC 330-10-35-1‚ “the utility of the goods is no longer as great as their cost”. The rule also states “where there is evidence that the utility of goods‚ in their disposal in the ordinary course of business‚ will be less than cost‚ whether
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We all know that the point of view is a crucial element in a story. It tells the narration the author employs to let the reader “hear” or “see” what takes place in a story. In the book Red Wolf by Jennifer Dance‚ the author uses third point of view to hook the readers into the book. The benefits of this point of view are it allows the writer more freedom in how the story is told. The author not only can report the facts but can include feelings and thoughts of any character.The narrator can also
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Subject: Solution to Case 04-4‚ Three Little Pigs Inc. Accounting Issue: Three Little Pigs Inc. inventory consists of livestock held for sale‚ developed‚ and processed (both internal and external). On September 30‚ 2002‚ the company states that even though market prices fell below the cost‚ Three Little Pigs Inc. is unwilling to accept impairment on their inventory due to increase revenue believed to be made up in the fourth quarter which will cover all losses from the decline. Secondly‚ we must
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The three little pigs were beyond devastated when the big bad wolf tromped through their neighborhood‚ blowing down their little houses one by one. He left the first little pig facedown in a pile of straw that used to be his home. The second pig was left buried in a heap of sticks. And the third‚ crying‚ sat atop a pile of bricks. Their little pink faces flushed red in anger as they came together‚ sitting in a circle as they tried to decide what to do next. In the immediate moment‚ the pigs were
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The original fairy tale is about three little pigs who all build houses‚ the first one of straw‚ the second one of sticks‚ and the third one of bricks. After these houses are built‚ a wolf comes and blows down the straw and stick houses‚ eating the pigs within. However‚ when the wolf comes to the third pig’s house of bricks‚ he is unable to blow it down and eat the third little pig. The wolf tries to trick the third pig into leaving his house‚ but after failing multiple times he tries to enter the
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Procedure 1. Transition Activity- A few children will act out the story of the Three Little Pigs by memory when presented with the book The Three Pigs and the somewhat bad wolf by Mark Teaque. Aftherwards we will read this version of The Three Little Piggs 2. Motivation- Can you describe the three types of houses that pigs build. 3. Demonstration- Will show the children the various materials. 1. Teacher will choose one type of material in which to
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The Importance of Point of View “Robert and the Dog” Point of view in a story is something I find extremely interesting‚ simply because of the obvious fact that every single one of us have our own way of seeing things. Every one of us has a different point of view. For instance‚ when it is raining outside‚ my first thought would probably express some sort of happiness. The majority of people in Norway‚ would‚ on the other hand‚ probably complain. It’s all about perception. Analyzing literature
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November 21‚ 2012 Afterlife from a Christian Point of View Have you ever thought about what happens after you die; if there is something after this life? There are many different approaches to whether there is life after death or not‚ but in this paper we will be looking at the Christian perspective towards the afterlife. Christianity is the largest religion in the world today due to it being branched down into different groups‚ and it is a known fact that there is no other religion today that has
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Facts 1. There are essentially three major categories of hog inventory—live hogs ready for sale‚ developing animals‚ and processed pork products. 2. Not all live hogs in other locations that cannot be easily transported and processed at the Company’s main processing plants. As a result‚ these live hogs must be sold to third parties at spot market prices. 3. There are several factors‚ including increased supply of pork due to the capture of the Big Bad Wolf‚ have lead to the declining prices
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whole town went to investigate what that sound was. They heard it coming from the parking lot. They ran over there as fast as they could. They finally arrived and they saw a wolf standing there crying. At first they didn’t want to go up to the wolf because they didn’t know if it was a trick. Then the saw his tears drip and that’s when they decided to go ask him what was wrong. “What’s wrong” asked the girl “there were 3 little pigs that stole my car I don’t know what i am supposed to do now. That was
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