$54500 $36000 $110000 $55000 $55000 $29000 $26000 Answer 4: The Owner can prevent irregularities by the following ways:- Keep checking the Ratios at small interval of time. Taking Bank Reconciliation Statement. Matching the Revenue with Expenses. Take Consistency in method of recording the transaction. Case 3 Answer 1: Yes Lequita Adkins is a clever business person because Firstly she took a grace period of 90 days from 30 days‚ thereafter on final payment she also took
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In elementary school‚ the water cycle is taught. First‚ bodies of water evaporate water into the sky. Next‚ clouds form and the rain follows. The rain either soaks into the ground or turns into runoff to fill the streams and ponds. This cycle brings life to the planet. Humans‚ animals and plants depend on the constant refreshment of moisture. But‚ as humans have evolved‚ pollution has contaminated the precious water supply. The causes of pollution are sewage disposal‚ agriculture production‚ and
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Baldwin Cycle Case 1. Relevant Cost: Direct Material $39.8 Direct Labor $19.6 Variable Overhead(@40% of $24.5) $9.8 Total Relevant Costs $69.2 2. 2-months Raw material for 25‚000 bikes @ $38.9 $165‚833 WIP Inventory(1000 @ $69.2) $69‚200 Finished Goods(500 @ $69.2) $34‚600 A/R (30 days) @(25‚000/12*92.29) $192‚270 Total Inventory Costs $461‚904 Relevant Asset Cost (@5.5 %) $25‚405 Total Relevant Asset Cost $487‚309 Interest @ 18% $87‚716 Net Relevant Cost $399‚593 Price Per
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ACC 235: Auditing EXHIBIT 4.53 Dunder-Mifflin‚ Inc.‚ Prior Year (Audited)‚ Forecast Current Year‚ Current Year Actual (Unaudited) Prior year Forecast Current Year Revenue and Expense: Sales (net) $9‚000‚000 $9‚900‚000 $9‚720‚000 Cost of Goods Sold 6‚296‚000 6‚926‚000 7‚000‚000 Gross Margin 2‚704‚000 2‚974‚000 2‚720‚000 General Expense 2‚044‚000 2‚000‚000 2‚003‚000 Depreciation 300‚000 334‚000 334‚000 Operating Income $360‚000 $640‚000 $383‚000 Interest
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Page 1 of 6 Life Cycle of Malaria Page 2 of 6 Malaria is an ancient disease transmitted by the Anopheles mosquito that predates recorded history. Historically it was common in the swampy areas around Rome‚ and was believed that the tainted air in those locations made people very sick‚ the disease was therefore named malaria for the Latin root words bad air. Malaria is caused by small parasitic protozoa of the genus Plasmodium which infects both humans and mosquitoes in a cyclical process.
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Tiffany Fuentes Business Ethics April 11‚ 2014 Stretching the Principles of Revenue Recognition In the business world‚ not everything will work perfect to our advantage‚ but one thing people in the business world should always make sure to do is to be smart when making decisions. The best way to be smart on making decisions is following their own ethics as leaders. To be successful‚ there should not exist dishonesty‚ greed‚ or arrogance because these three factors will bring any business
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Background Thermodynamic cycle can be divided into two that are power cycle and refrigeration cycle. The cycle that produce net amount of works is called power cycle. The power cycle that can remain it working fluid in gaseous phase is called gas power cycle. There are many types of cycle in gas power cycle such as Otto cycle‚ Diesel cycle‚ Bryton cycle‚ Stirling cycle and Ericson cycle. The Otto cycle is known as ideal cycle for spark-ignition cycle while the Diesel cycle is known as compression-ignition
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INTRODUCING WITH BIOCHEMICAL CYCLES Biochemical cycles Nutrients are important for organisms to function. Each nutrient has a role in global biogeochemical cycles. A nutrient is a chemical that organisms need to live and grow and are substances an organism’s uses for metabolism which must be taken in from its environment that enrich the organism. Two types of nutrients are macronutrients and micronutrients. Macronutrients are needed in large quantities while micronutrients are needed in smaller
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1. Social media enables the spread of unreliable and false information. 49.1% of people have heard false news via social media. On Sep. 5‚ 2012 false rumors of fires‚ shootouts‚ and caravans of gunmen in a Mexico City suburb spread via Twitter and Facebook caused panic‚ flooded the local police department with over 3‚000 phone calls‚ and temporarily closed schools. Shashank Tripathi‚ tweeting as @ComfortablySmug‚ spread false information in the aftermath of Hurricane Sandy by posting on Twitter that
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Product Life Cycle Introduction: This paper aims at analysing the usefulness of the Product Life Cycle (PLC) concept to the marketers. It will describe the different stages of the PLC concept and their respective implications on the marketing mix and the strategies which can be adopted during the different phases. Every new product right from its entrance in the market till its elimination from the market goes through a certain sequence of stages known as Product Life Cycle. There are four stages
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