adequate revenue. It is based on this fact that there was the need for the government to levy taxes on the income of the legible citizenry. The Ghana Revenue Authority (Domestic Tax Revenue Division) is charged with that utmost responsibility of levying and collecting taxes on the incomes of individuals such as the Employed and Self-employed‚ (Income Tax)‚ corporate bodies (Corporation Tax)‚ Capital Gains (Capital Gains Tax) and others. Income taxes are different from other sources of revenue in that
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gaming industry‚ both from the viewpoint of someone that is interested in playing computer games and as an investor. The topic that I have chosen to address is the issue of revenue recognition. Revenue Recognition Analysis I started by looking at EAs annual report (Form 10-K) for the fiscal year ending March 31‚ 2007. Revenue recognition is discussed in some detail.
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Had there been no Macdonald‚ it’s all but certain there would not be a single Canadian reading this article or others like it‚ never mind raising a celebratory toast to him on the 200th anniversary of his birth on Jan. 10 or 11 (the records of his father and of the local Register Office in Glasgow‚ where he was born‚ differ). That’s because had there been no Macdonald‚ there would have been no Canada for anyone to be a citizen of. Under Macdonald’s leadership as prime minister (1867-1873 and 1878-1891)
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Сергеевой Натальи‚ 504 лк Analysis The fun they had Isaac Asimov is a well-known science fiction writer for such stories as Lucky Stars‚ The Pirates of Asteroids‚ The Kingdom of the Sun and other books that came from under his pen. Most of his popular science books explain scientific concepts‚ explore the universe‚ present our future‚ but all of this he permanently connected with science. In 1951 he wrote a science fiction story called "The Fun They Had" for a syndicated newspaper page. Later it was
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Folio piece-short story I had no choice it was either him or the damnation of my people. My hands were quivering with fear‚ sweat was dripping from my forehead as I made the decision to kill him. The man that sat in my barber shop chair had killed 14 of my friends and had death on his mind‚ the devil was at work in this man. Tension was rising‚ I walked across the empty room sharpening the blade of my silver razor‚ I continued to shave his beard as any good barber would have‚ each stroke smother
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Revenue Recognition 1a Identify and explain when the company recognizes revenue The Consolidated Statement of Earnings on page 39 of the 2011 10K describes the 2 sources of revenue: retail sales and credit cards. Page 33 of the notes state that they recognize revenue from sales at their retail stores at the point of sale‚ net of an allowance for estimated sales returns. Page 43 describes revenue from sales to customers shipped directly from stores and online and catalog sales includes shipping
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Revenue Recognition Revenue is the electricity that drives business. Revenue has been the starting point on every income statement generated‚ every sales meeting conducted‚ and is on every entrepreneur’s wish list. The basic concept for revenue recognition is that revenue should not be recognized until it is realized or realizable and earned. There are also four criteria must be met in order to recognize revenue: 1) persuasive evidence of an arrangement exists: Consider the substance of the transaction
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Marginal Revenue and Marginal Cost An understanding of marginal revenue and marginal cost is economically crucial to owning and operating a successful business. Marginal revenue is the amount of change in total revenue by selling one additional product. So if a company sells four extra unit of product and brings extra total revenue of 500 dollars than the marginal revenue for this month would be 125 dollars. This is found by taking the change in total revenue‚ 500 dollars‚ and dividing it by the
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If I Had a Superpower Admit it‚ all of us must have imagined‚ at least once‚ of being able to fly‚ to have super-strength‚ superhuman speed‚ or any kind of skill nobody else have. Whether you are an innocent little kid or a grown-up‚ having superpowers is always something we wish we could have. Imagine you can teleport‚ travel in time‚ communicate with people telepathically‚ or be invisible. Why got caught in traffic jams if we can fly? Why have hard times with your pet if you understand animal
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Unearned revenues are revenues that are received before the company delivers goods or provides services. Some industries that have unearned revenues would include magazine publishers as they only receive checks from customers once the magazine is ordered. Until then the company awaits payment and does not have this in advance. Another company would be airlines because they receive cash once the tickets are sold for future flights. Unearned revenue is used by any company that accepts payments or deposits
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