The total current liabilities have also decreased compared? The results compare to revenue of $7.51 billion and net quarterly profit of $1.05 billion or $1.16 per diluted share in the year ago. In March 28 2009 the company posted revenue of $8.16 billion and net quarterly profit of $1.21 billion or $1.33 per diluted share. Apple current liabilities from 2005 was 3‚484‚000 into 2009 11‚506‚000 in the apple’s balance sheet ‚ which shows all of their assets‚ liabilities and their stockholder
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of the accounting cycle‚ the chart of accounts is used in the journaling process (i.e.‚ performing journal entries) and also serves as the title for each ledger. All the accounts will be filed under one of five categories: • Assets • Liabilities • Owner’s Equity • Revenue • Expenses Each account can be assigned a number for identification purposes. Most systems will assign a block of numbers to one of the five categories to be applied to the sub-categories. Some charts leave
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M. Hill-McBride ACC 205 Professor Ivory December 17‚ 2012 Basic Accounting Equations 1. Basic concepts. Jean’s Marine Supply specializes in the sale of boating equipment and accessories. Identify the items that follow as an asset (A)‚ liability (L)‚ revenue (R)‚ or expense (E) from the firm’s viewpoint. a. The inventory of boating supplies owned by the company. (A) b. Monthly rental charges paid for store space. (L) c. A loan owed to Citizens Bank.(L) d. New computer
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million in 2006 to $6 million in 2007 or by 20 percent. Its assets totaled $3 million at the end of 2006. Carter is at full capacity‚ so its assets must grow at the same rate as projected sales. At the end of 2006‚ current liabilities were $1 million‚ consisting of $250‚000 of accounts payable‚ $500‚000 of notes payable‚ and $250‚000 of accruals. The after-tax profit margin is forecasted to be 5 percent‚ and the forecasted payout ratio is 70 percent. Use this information
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Harley paid $400 towards the principal on the note payable. Harley made a $900 cash withdrawal from the company. Requirements: Complete the accounting equation worksheet for the transactions. Total each worksheet column. Verify that Assets = Liabilities + Equity. In proper order and form‚ prepare and Income Statement‚ Statement of Owners’ Equity and Balance Sheet. Harley’s Cutter Accounting Equation Worksheet Assets = Liab + Equity
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dividends. 7. Assets = Liabilities + Stockholders’ Equity. 8. Distributions of cash or other assets from an incorporated business to its shareholders. 9. The cost of assets consumed or services used in the process of ongoing operations to generate resources. 10. A financial statement that reports the assets‚ liabilities‚ and stockholders’ equity at a specific date. Solutions
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due to so many things that are running all time and the ovens always being on. All bakery products and ingredients shall be stored‚ handled‚ transported and kept so as to protect them from spoilage‚ contamination and disease. property insurance‚ liability for both premises and baked or processed goods and protection for worker injuries. Personnel •Bakers •Delivery people In bakers we look for accredited culinary education‚ experience working on a team‚ quickness and things as such. In the shift
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LADIES ONLY FITNESS Contents EXECUTIVE SUMMARY……………………………………………………………...3 1.1 Mission………………………………………………………………………….3 1.2 Objectives………………………………………………………………………3 COMPANY SUMMARY.………………………………………………………………4 2.1 Company Ownership…………………………………………………………4 2.2 Start-up Summary…………………………………………………………….4 2.3 Company Locations and Facilities…………………………………………..6 SERVICES……………………………………………………………………………...6 4.0 Market Analysis Summary…………………………………………………..7 4.1 Market Segmentation………………………………………………………
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1.0 Executive Summary 1 Chart: Highlights 2 1.1 Objectives 2 1.2 Mission 2 2.0 Company Summary 3 2.1 Company Ownership 3 2.2 Start-up Summary 3 Table: Start-up 3 Table: Start-up Funding 4 Chart: Start-up 5 2.3 Company Locations and Facilities 5 3.0 Products and Services 6 4.0 Market Analysis Summary 6 4.1 Market Segmentation 7 Chart: Market Analysis (Pie) 7 Table: Market Analysis 8 4.2 Target Market Segment Strategy 8 4.3 Service Business Analysis 8 4.3.1 Competition and Buying Patterns 9 5.0 Strategy
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Background Information of IOI Corporation Berhad The group’s principal activity is manufacturing of oleo chemicals‚ palm oil refinery and palm kernel crushing. However‚ IOI divide their group activities into 5 segments; Plantation‚ Property Development‚ Property Investment‚ Resource-based Manufacturing‚ and Other operations segment. Plantation segments focus in cultivation of oil palm and rubber and processing of palm oil. Property Development is engaged in the development of residential and commercial
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