Chapter 4 accounting for merchandising BUSINESSES Problems P4–1 1. AQUA CO. Income Statement For the Year Ended June 30‚ 20Y8 Revenue from sales: Sales $ 3‚625‚000 Less: Sales returns and allowances $ 37‚800 Sales discounts 20‚200 58‚000 Net sales $ 3‚567‚000 Cost of merchandise sold 2‚175‚000 Gross profit $ 1‚392‚000 Operating expenses: Selling expenses: Sales salaries expense $ 388‚800 Advertising expense 45‚900 Depreciation expense—store equipment 8‚300
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There are many ways that a business can motivate an employee. For a business like Campion the employees are teachers‚ site team and the headmaster. The headmaster runs the school and he is in charge of the teachers who need to be motivated in order to reach objectives. The school can be said to be a business in some ways. The headmaster would be the owner and the teachers etc. are the employees. The headmaster motivates the teachers in many ways and below we have three different perspectives of
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Unit 15 Career Development P4 Here are many different methods for continuing professional development; here are a select few below. Case Study Method This gives a learner a case where they have to become the role of a certain person and make decisions themselves. This good as it gets the person to think about new situations they wouldn’t normally come across. This is similar to when I was working as a sales assistant in Sainsbury’s for my work experience with school‚ it helped me realise new
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P3 Market Research is the process of gathering‚ analysing and interpreting information about a market. You can be talking about a product or service to be offered for sale in that specific market and about the past‚ present and potential customers for the product or service. Market Research Includes: • Primary Research • Secondary Research • Quantitative Research • Qualitative Research • Uses of Market Research • Limitation of Market Research Primary research: This is where there is
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Introduction For this task I was asked to describe how these three factors; political‚ legal‚ social factors impact on my two chosen organisation which are Tesco and Wal-Mart impact on their activities‚ also its stakeholders. Political factor Tax Tax is an important political factor which is compulsory for everyone to pay including my two chosen organisation. The government takes tax out of my chosen organisation profit they make at the end of the month‚ this impacts them in a negative way as that
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Unit 7 Summary Unit 7 was fascinating and I believe it was my favourite unit. This unit covered data preparation and presentation which was very interesting. I was introduced to the term data dictionary which is where a researcher list and describes items in a database‚ it also helps the research to remember the codes given to items in the research. When I first encountered the term coding in my research proposal‚ I was reluctant to meet that part of my research because I developed a bad perception
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Unit 6-sports development assignment 2 National Organisations Sports England Sport England have 3 outcomes which they aim for these are grow‚ sustain and excel. In order to grow they aim for individuals take part more within sport. They also aim to get children and young people taking part in 5 hours of PE and sport within the week. Within the sustain they aim to make individuals more satisfied with their experience of the sport. Also they aim to stop individuals between the ages of 16 to
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Types of information: Verbal • Verbal communication is where somebody talks face to face with the audience and could also include eye contact and body movements‚ Wilberforce use verbal communication in a full range of things one example been a English teacher reading out a poem. Written • Written communication is in the form of physical symbols called words. It doesn’t have to be words though‚ in the broader sense it could be things such as diagrams and charts. So therefore all visual
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Unit 4: Business Communications In this assignment I will be investigating the different types of business information that exist in Apple Inc. P1: Verbal Information: Face to face verbal communication is the best way to communicate as there is no misunderstanding as there is clear communication between the speaker and the audience‚ also there will be direct feedback and questions can be answered instantly. For example Apple will hold press conferences
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Marketing planning is the plan that helps meeting goals and objectives within the plan of action‚ trying new things also evaluating the performance against marketing targets The marketing planning process includes… A pestle audit A swot analysis Setting smart objectives Determining strategy and tactics Evaluating the effectiveness of marketing activity Marketing planning process model -PESTLE and SWOT Pestle stands for political‚ economic‚ social technological‚ legal and
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