held by the founders is a very important point they can try to renegotiate. In the Alpha term sheet the founders have a percentage ownership of 34% if the revenues hurdle of $500‚000 is met. The founders hold 32.6% if the revenue hurdle is not met. Mega has no such revenue hurdle thus‚ with the number of shares outlined in the term sheet‚ the founders own 37.5%. Negotiation: In the Alpha term sheet a higher number of shares for the founders would be preferable. We assume the company will meet
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By writing the fictional short stories‚ “Tuesday Siesta” and One of These Days”‚ Gabriel Garcia Marquez magical realism by placing various types of imagery and hints on important events that are occurring in his hometown of “La Violencia”. Marquez does this by placing his story in a fictional town‚ called Macondia in Columbia and combining a fictional story with a hidden meaning. In doing this he manipulates imagery to first establish magical realism and the he also adds “unrelated accidents” that
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SAMPLE BALANCE SHEET Most accounting balance sheets classify a company’s assets and liabilities into distinctive groupings such as Current Assets; Property‚ Plant‚ and Equipment; Current Liabilities; etc. These classifications make the balance sheet more useful. The following balance sheet example is a classified balance sheet. Sample Balance Sheet: Example Company Balance Sheet December 31‚ 2010 ASSETS | | | LIABILITIES | Current Assets | | | Current Liabilities | | | Cash
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Test Booklet Code - NO.: ABC 2216302 This Booklet contains 20 pages. Do not open this Test Booklet until you are asked to do so. Impoutant Instructions : 1. 2. The Answer Sheet is inside this Test Booklet. When you are directed to open the Test Booklet‚ take out the Answer Sheet and fill in the particulars on side-1 and side-2 carefully with blue/ black ball point pen only. The test is of 3 hours duration and Test Booklet contains 180 questions. Each question carries 4 marks
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Ruby Tuesday is a franchise that’s all over the world. The mission statement is simple fresh American dining. In the vision is to provide great value to their guests and great working environment for team members so it can be reflecting core values of quality‚ passion‚ and pride in everything the company does. The company had to adopted this code of business conduct and ethics as amended‚ the code the purpose of which is to confirm RTI’s commitment to conduct. Now if you fail to follow the guidelines
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000=$100‚000 In its December 31‚ 2013‚ balance sheet‚ Rigsby would report In 2013‚ Rigsby would recognize realized gross profit of: entry at December 31‚ 2013? Gross profit % = ($4‚500‚000-3‚600‚000)/$4‚500‚000=20% 2013:20%x$500‚000=$100‚000In 2014‚ Rigsby would recognize realized gross profitof:Grossprofit%=($4‚500‚000-3‚600‚000)/$4‚500‚000=20%2013:20%x$500‚000=$100‚0002014:20%x[($4‚500‚000-500‚000)/2]= $400‚000 In its December 31‚ 2013‚ balance sheet‚ Rigsby would report: At December 31
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is referred to as the a. stand alone concept. b. monetary unit assumption. c. economic entity assumption. d. corporate form of ownership 2. All of the financial statements are for a period of time except the a. income statement. b. balance sheet c. owner’s equity statement. d. statement of cash flows 3. A trial balance will not balance if a. a journal entry is posted twice. b. a wrong amount is used in journalizing. c. incorrect account titles are used in journalizing. d. a journal
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Balance sheets: the basics A balance sheet is a financial statement at a given point in time. It provides a snapshot summary of what a business owns or is owed. It states what assets the business ownes and what it owes – liabilities‚ at a particular date. The balance sheet is uded to show how the business is being funded and how those funds are being used. The balance sheet is used in three ways: • for reporting purposes (limited company’s annual accounts) • help interested
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or produces not enough blood sugar level‚ and gestational is in women who develop high blood sugar during pregnancy. Meanwhile‚ according to National Center for Chronic Disease Prevention and Health Promotion (NCCDPHP)‚ in Its National Diabetes Fact Sheet 2011 (NDFS)‚ based on data released by The Department of Health and Human Services (DHHS) in year 2011‚ diabetes affects 25.8 million people 8.3% of the U.S population and this disease has became in the seventh cause of death in the United States
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CCS Description Type IT237 March 22‚ 2012 Prof. Brooke CCSD Cascading Style Sheets‚ also referred to as‚ CSS are created so developers are able to separate the design from the content. This process allows HTML to do the markup of the content and the developer does not have to worry about the layout. CSS are separated into one of three different categories‚ which are as follows: external‚ embedded‚ and inline CSS. Each type of CSS has pros and cons‚ it really depends upon the situation
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