PROBLEMS 1. Table 3.3 shows the December 31‚ 2009 pro- forma balance sheet and income statements for R& E Supplies‚ Inc. The pro- forma balance sheet shows that R& E Supplies will need external funding from the bank of $ 1.4 million. However‚ they show $ 1.27 million in cash and short- term securities. Why are they going to the bank when they have most of the required amount in their cash account? 2. Pro forma financial statements‚ by definition‚ are predictions of a company’s financial statements
Premium Balance sheet Generally Accepted Accounting Principles Liability
The Series of Discussion Papers “Conceptual Framework of Financial Accounting” Working Group on Fundamental Concepts September 2004 （Tentative translation: 28 Feb. 2005） Contents Issuance of the Series of Discussion Papers “Conceptual Framework of Financial Accounting”・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 1 Discussion Paper “Objectives of Financial Reporting” ・・・・・・・・・・・・・・・4 Discussion Paper “Qualitative Characteristics of Accounting Information” ・・・・・12 Discussion Paper “Elements
Premium Balance sheet Income statement Asset
which is Prime Veggie Balls. The Enterprise derived its name because “Prime” means top‚ quality and first class and “Veggie Balls” came from vegetable balls. Prime Veggie Balls differs itself from the rest of its kind because it is natural product made of malunggay leaves‚ potato and squash and no artificial seasoning ingredients. B. Mission Statement/Objective Vision AMANST Enterprise aims to be the top manufacturer of Veggie Balls in the industry through the totality of nutritious products
Premium Marketing
Case Study 3-3: New Balance Introduction For “more than 100 years‚ New Balance has worked to move the world around us because they believe in one simple truth: we were born to move (New Balance‚ 2014).” New Balance‚ founded in 1906‚ steadily grew into a global brand during the 1990’s and now holds the title of the 4th largest athletic footwear manufacturer in the world. As New Balance grew so did the company’s need to focus on corporate citizenship. According to Veleva (2014) “corporate
Premium Corporate social responsibility Social responsibility
influenced the United States as well as the society of America. Two constitutional principles are the Bill of Rights and Checks and Balances. The Bill of Rights‚ are the basic rights that all Americans have. They are the first ten amendments in the Constitution and they were put into effect on December 15‚ 1791. They were written by James Madison. Checks and Balances are a series of checks between the branches of government to prevent any one branch from becoming too powerful. This process
Premium United States Constitution United States Supreme Court of the United States
ChE 101 Lab Exercise 4 05 December 2012 Materials Balance (Non-reacting Systems) THR/WRU 1. A 40-mol-% aqueous ethanol solution is to be distilled into two streams: a distillate with 98% ethanol and a side stream with 60%. 98% of the alcohol in the feed is to be recovered in these two products; only 2% goes into the bottoms. If the bottoms product contains 2% ethanol‚ calculate the amount of the different streams per 1000 kmol of feed stream. Given: Recovery = 98% of ethanol in
Premium Ethanol Water Petroleum
3.1 Trial balance 3.1.1 The source and structure of trial balance A trial balance is a list with two columns‚ which are debit and credit. It is important to every company that they need to check the errors that maybe made during enter the transactions into general accounts. If the principles of the double entry have been correctly applied to the recording of transactions in ledger accounts‚ the total of debit balances will equal to the total of credit balances. So the total of the debit column should
Premium General ledger Double-entry bookkeeping system Bookkeeping
representation or warranties of any kind with regard to the completeness or accuracy of the contents of the book. The author hereby accepts no liability of any kind for any losses or damages caused or alleged to be caused‚ directly or indirectly‚ from using the information contained in this book. CONTENTS ACKNOWLEDGEMENTS ............................................................................................... v FOREWORD .....................................................................
Premium Balance sheet Generally Accepted Accounting Principles Asset
Started From the Top Just like many other rappers‚ Aubrey “Drake” Graham raps about how tough his life is/was and how he went from having nothing to having anything he wanted. However many people claim that these rappers rap about a life that they have never truly lived and that they try to create a public image that is fake which portrays them as a thug when they truly are not. In the articles‚ “Faux Americana: Why I Still Love Bruce Springsteen”‚ by Stephen Metcalf and “More Rock‚ Less Talk:
Premium Music Performance Rapping
TOP 20 RHETORICAL ELEMENTS WITH EXAMPLES (HELPFUL FOR AP LANG) 1. Alliteration- the repetition of a initial consonance or sound (EX: She sells sea shells) 2. Anaphora- repetition of the same word or phrase at the beginning of successive clauses or verses (EX: Well‚ I say to them tonight‚ there is not a liberal America and a conservative America; there is the United States of America. There is not a black America and a white America and Latino America and Asian America; there’s the United
Premium United States Figure of speech Rhetoric