Features of Extraordinary Items per GAAP are: 1. Unusual nature 2. Occurred not frequently http://accountinginfo.com/financial-accounting-standards/asc-200/225-20-extraordinary-items.htm Do you believe that the terrorist attack on 9/11/01 was an extraordinary event for financial reporting purposes? Do you believe that the losses from Hurricane Katrina in 2005 should have been reported as extraordinary losses by the companies affected? What about Hurricane Sandy in November‚ 2012? Yes they all
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biggest retailer “Walmart gives to customers since they started business back in early 1940. Low price has always been Walmart strategy. Since their early days‚ they claimed “We Sell for Less” as their tagline. Later on‚ “Always Low Prices. Always” displayed alongside with Walmart logo. The biggest challenge for them is to keep the price down with good product quality. Why does Walmart important for American economy and beyond? According to the figures from Charles Fishman’s book The Walmart Effect‚ more
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BUSINESS MATH Simple Interest and Simple Discount Business Math‚ Eighth Edition Cleaves/Hobbs © 2009 Pearson Education‚ Inc. Upper Saddle River‚ NJ 07458 All Rights Reserved 11.1 The Simple Interest Formula Find simple interest by using the simple interest formula. Find the maturity of a loan. Convert months to a fractional or decimal part of the year. Find the principal‚ rate or time using the simple interest formula. Business Math‚ Eighth Edition Cleaves/Hobbs © 2009 Pearson
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Abstract Walmart has expanded as the largest retailer since it opened doors over 50 years ago‚ incorporating various information technology systems into their supply chain and logistical operations. Walmart is known for being the first with new innovation by utilizing new information functions to increase profits. By implementing Radio Frequency Identification Data opens communication to retailers more effectively and efficiently. This gives Walmart and suppliers accurate inventory
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people usually do their shopping for the low prices and variety of products. This is why it is so controversial Wal-Mart continues to grow even with the accusations of unethical business practices. Wal-Mart has been accused of sexual discrimination and unfair pay for employees‚ and destruction of small towns‚ excessive amounts of corporate power through the government and how Wal-Mart is turning into a monopoly. With all of these allegations‚ Wal-Mart is still one of the leading discount retailers in
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Where will I ever need algebra? Where do you need square roots? When will I ever use the Pythagorean Theorem? Will algebra even be ’relevant ’ in the future? These are a few of the many questions that one asks when they have to take an algebra course. This is a required subject in most colleges to further ones education. The first year of algebra is a prerequisite for all higher-level math: geometry‚ algebra II‚ trigonometry‚ and calculus. It is quite true‚ while many people get by without an education
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10 steps you can do. It’s been said that everyone has goals‚ whether we know it or not. We have goals to keep our current job‚ or to get a different one. We have goals to save for the future‚ or to travel‚ take a vacation‚ or purchase the things we need and want to make our lives more enjoyable. An important distinction‚ however‚ is that top achievers are very intentional and focused on their goals‚ while many of the rest of us are not. Top achievers know that the wording‚ structure‚ timing and
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Summary In part 1 of this document we analyze Wal-Mart financial condition and results of operations based primarily on its audited financial statements information from 2009-2013. Wal-Mart overshadows its competitors‚ with its US retail sales being over three times those of its nearest rival (in FY2013). We attempt to identify what is driving this business model by analyzing the firm’s asset management‚ capital structure and its ability to generate cash. In doing so we include 2 peer comparisons‚ namely
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Purpose The purpose of the experiment is to determine the percent yield of the precipitate; by performing double displacement reaction between solutions of two different compounds. Introduction First of all when making a solution of two different compounds; there will many variables that can be considered during the experiment. However‚ the variables are controlled variables. Controlled Variables ∙amount of water that will be dissolved with the compound (amount of water until the compound is
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major retail divisions‚ Wal-Mart Supercenters‚ Discount Stores‚ Neighborhood Markets‚ and Sam’s Clubs warehouses with more than 100 million customer per week visited Wal-Mart stores. Wal-Mart socially responsible for their actions and provides thousands of jobs‚ low prices and high value and services to all their loyal customers. Sam Walton started to get Wal-Mart involve in environmental awareness. Wal-Mart also started making shelf tags from “100 percent recycled paper” because of socially responsible
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