CHAPTER 2 The Financial Statements BRIEF EXERCISES BE2–1 2008 2008 2008 Beginning Ending Retained 2008 2008 2008 Retained Earnings + Revenues – Expenses – Dividends = Earnings $28.2 + $43.3 – $38.2 – X = $30.6 X = $2.7 2008 Dividends as a percentage of 2008 net income: 2008 Dividends = $ 2.7 = 52.9% 2008 Net income ($43.3-$38.2) $ 5.1 BE2–2 1) Current Liabilities financed $32 billion of the
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CHAPTER 2 AN INTRODUCTION TO COST TERMS AND PURPOSES 2-20 (15–20 min.) Classification of costs‚ manufacturing sector. Cost object: Type of car assembled (Corolla or Geo Prism) Cost variability: With respect to changes in the number of cars assembled There may be some debate over classifications of individual items‚ especially with regard to cost variability. |Cost Item |D or I |V or F | |A
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Chapter 2 1. (a) Using Medtronic as an example‚ explain how a mission statement gives a strategic direction. (b) Create a mission statement for your own career. Answer: (a) A mission statement gives strategic direction by stating the “what” and “how” of a business in a clear‚ concise‚ meaningful‚ inspirational‚ statement that will continue to be relevant in the long-term. Medtronic’s mission statement identifies its customers‚ market‚ products and technology. They stated the business
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communications: –Receiver gets message instantaneously •Asynchronous communications: –Receiver gets message after some delay 2. Describe the elements and steps involved in the telecommunications process. The model starts with a sending unit (1) such as a person‚ a computer system‚ a terminal‚ or another device that originates the message. The sending unit transmits a signal (2) to a telecommunications device (3). The telecommunications device—a hardware component that facilitates electronic communication—performs
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Chapter 2: Perception Difference between perception and sensation our own “spin” on things is the perception that we get from it. Sensation is the immediate response of our sensory reactions to things Perception is the process by which these sensations are selected‚ organized‚ and interpreted. Perception is what we take away from our raw sensations Example is the cola and the pepsi‚ using only senses‚ we cannot tell the difference between them but if we are to add in perception of the beand
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in the United States only. the Dietary Reference Intakes are to be used on food labels. the Daily Values are a better way of determining nutrient goals of individuals. the Dietary Reference Intakes do not account for age or gender. Question 2 1 out of 1 points When referring to the DRI recommended intakes‚ it is important to remember that: Selected Answer: they are based on the latest available scientific research. Answers: they are designed to help an individual recover from an
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CHAPTER 0NE: ANSWER QUESTION ONE: The definition of marketing is the process by which companies create value for customers and build strong customer relationships in order to capture value from customers in return. Furthermore‚ it is more than just “telling and selling” because the marketing now is in the sense of satisfying customer needs. This means if the marketer understands consumer needs and develops the products that provide superior customer value‚ prices‚ distributes and promotes them
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870456162‚ 3610‚ Dr. Lovern‚ 8/21/2017‚ Paper Two Katlyn Ford Valdosta State University Chapter two of Native American Science written by Cajete (2000)‚ focuses primarily on the perception of science‚ as well as the cosmological interconnected universe. Ideas on these topics as well as perspectives of Native science and Western science is compared to bring out an understanding of their differences. Bringing about the worldview of Native and Western Science. Since Western
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Fill in the Blank: 1). The most widely used IP addressing scheme is IPv4. 2). The most recent and largest address space IP addressing scheme is IPv6. 3). To distribute IP addresses automatically‚ a network administrator would configure the DHCP service. 4). The first attempt at breaking up IP address space used 4 bytes to provide address ranges of different sizes. 5). Prior to introduction of the Domain Name System‚ computers used Host to map human-readable names to IP address. 6). A 192
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FIN 502 – Personal Financial Planning Chapter 1 – Module 2 Time value of money * How to compare monetary amounts you pay or receive at different times * The arithmetic with which we convert money between periods‚ or calculate what rate of return is implied by a given set of cash flows Single Period – Rate of Return * N = amount of years * I% = x (what we’re trying to find) * PV = How much it’s worth today * FV = How much it’s worth at maturity date
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