Chapter 9 Practice Problems S9-2. Asset Market Value Percentage of Total Value × Total Purchase Price = Assigned Cost of Each Asset Land $ 80‚000 $80‚000 / $160‚000 = 50% × $150‚000 = $ 75‚000 Building 60‚000 $60‚000 / $160‚000 = 38% × $150‚000 = 57‚000 Equipment 20‚000 $20‚000 / $160‚000 = 12% × $150‚000 = 18‚000 Total $ 160‚000 100% $ 150‚000 Date Accounts and Explanation Debit Credit Land 75‚000 Building 57‚000 Equipment 18‚000 Notes Payable 150‚000 To record
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Jennifer Petty Bus 306-01 March 11‚ 2014 Professor Davis Chapter 9 Case Study Google: New-Product Innovation at the Speed of Light 1. The new product development process at Google is free flowing‚ fast-tracked‚ and without boundaries. Google encourages their employees to “think outside the box” and come up with new ideas‚ no matter how crazy they may seem. Once an idea is proposed‚ they sent it to testing right away. They try to put a product into use no more than 6 months after development has started;
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Chapter 9 Question 1 | | 0 / 1 point | In the control matrix M-1 stands for missing process number one. | | True | | | False | Question 2 | | 0 / 1 point | In the control matrix‚ the rows represent: | | control goals of the operations process | | | recommended control plans including both present and missing controls | | | control goals of the information process | | | control goals of the management process | Question 3 | | 0 / 1 point | A control report
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Chapter 9 Latin America Shock therapy in economics • Economic shift from a government-dominated economy to a market economy. What are the policies? • Privatize state owned businesses • Eliminated Price Controls • “Liberalize” Trade to introduce competitive pricing into the economy (Remove Tariff Barriers) • Privatization from 500 to 25 business from 1973 to 1980 • Drastic Budget Reductions • Radical restricting of the public sector and reduction in its spending
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CHAPTER 9 Three conditions for a market to be perfectly competitive? Many buyers and sellers‚ with all firms selling identical products‚ and no barriers to new firms entering the market. In perfectly competitive markets‚ prices are determined by The interaction of market demand and supply because firms and consumers are price takers. Price taker Buyer or seller that is unable to affect the market price. A buyer or seller that takes the market price as given When are firms likely to be
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them living a perfect life in harmony and peace. This is like the older saying of “Living in a perfect world” is not all that it seems‚ it is not all sunshine and rainbow in everyone but some that is the best part of their personality and it can change over time in someone either for the greater good or just in a situation. This is shown tremendously in the short story The Outcasts of Poker Flat‚ written by one of the most famous local color writers‚ Bret Harte. This story was written in a time period
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In Doriani chapter nine he stresses that when interpreting we need to be aware of the challenges when we go to apply our “findings”. Doriani strarts the chapter by giving a parable about ducks in ministry. He goes on to give a couple of examples of how his friend and he has struggled with application of Scripture. Doriani gives three views on application. View one is labeled “let it flow”‚ the point is that this view on application is subjective‚ a personal affair. View two is labeled “Let God do
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Globalization is an occurrence that has changed the world‚ along with its economies. For without it where would we be in today’s society? As I was reading both articles I had difficulty getting the “world has been flattened”metaphor out of my thought process. Afraid I might be bias on the idea that Globalization is the better option no matter what I set out to truly surmise what both writers believed. The idea of Globalization has been debated many times over‚ and as a result we seek to understand
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------------------------------------------------- Chapter 9—Break-Even Point and Cost-Volume-Profit Analysis MULTIPLE CHOICE 1. CVP analysis requires costs to be categorized as a. | either fixed or variable. | b. | direct or indirect. | c. | product or period. | d. | standard or actual. | ANS: A PTS: 1 DIF: Easy OBJ: 9-1 NAT: AACSB: Reflective Thinking LOC: AICPA Functional Competencies: Decision Modeling 2. With respect to fixed costs‚ CVP analysis
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Chapter 9 The Pursuit of Equality • • Declaration of independence claims "all men are created equal" • Most states reduced property holding requirements to vote • Less hierarchy-poorer people now reacquired to be treated with the same respect as their wealthy counterparts • indentured servitude was abolished by 1800 • Trade organizations for artists and laborers=social democracy • primogeniture (inheritance laws) were removed • Anglican church dissolved-became the Protestant Episcopal
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