(Accounts Receivable‚ Inventory‚ Long-lived Assets‚ Bonds) 1. GNC has the following information regarding the inventory of its Super Mega‚ a multivitamins. Assume GNC uses periodic inventory system each quarter and FIFO. a. On July 1‚ GNC had 200 bottles of Super Mega in stock. Each bottle costs $3. b. On July 15‚ GNC purchased 5‚000 bottles of Super Mega for $25‚000 from a supplier‚ paid $10‚000 in cash and the rest was on credit. c. On August 15‚ GNC purchased another 1‚000 bottles of Super
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given in the Handbook and Programme Guide. 2’ 3’ write your enrolment number‚ name‚ full address and date on the top right corner of the first page ofyour response sheet(s). write the course title‚ assignment number and the name of the study centre you are attached to in the centre ofthe first page ofyour response sheet(s). The top of the first page of your response sheet shourd rook rike this: ENROLMENT NO: NAME
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KENT DUKA I enjoyed reading the poem The Road Not Taken because it made me think about what messages the author was trying to convey and also because it was easy to relate to. A traveler comes to a fork in the woods and he has to pick which road he should take. I found this easy to relate to because everybody needs to make decisions in their lives‚ whether it’s moving country‚ walking home or which road in the woods to take. The traveler analyses both paths to decide which one has the “better
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monthly depreciation of the rental equipment is 240‚000/96‚ or $2‚500 per month. 2. The note payable to Rent-It is good for one year. $100‚000 and the accumulated interest are due on November 30‚ 2012. The account payable for office supplies is due in thirty days‚ or January 2‚ 2012. The account payable to Universal Utilities is due in thirty days‚ or January 30‚ 2012. The company declared a dividend of 10 cents per share‚ payable on January 15‚ 2012. Income taxes are payable in 2012. 3. Susquehanna
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Account Receivables Turnover Ratio Analysis 2010 The A/R turnover ratio for 2010 was 14.80‚ which was a monumental increase from 8.45 in 2009. One reason for this increase was due to a conscious effort by Proctor and Gamble to improve collection times for incoming payments. In 2009‚ they incurred too much short-term debt due to the delayed collection of payments for their products and ended up decreasing their A/R account by almost $500 million. Their sales also increased in 2010 due to the expansion
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of time‚ it’s been up to debate as to what the human mind is like. Charles Dickens’ Great Expectations is an excellent representation of what it truly means to be a “gentleman”. Pip’s advancement in social class leads him to finding the true value of men: their inner self. As society has always been‚ everyone is given labels to quickly identify themselves with given by friend‚ family‚ or stranger alike. This can also be determined by one’s morals‚ based on what would be considered as “normal” in society
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credit is commonly known as Management of Receivables. Receivables are one of the three primary components of working capital‚ the other being inventory and cash‚ the other being inventory and cash. Receivables occupy second important place after inventories and thereby constitute a substantial portion of current assets in several firms. The capital invested in receivables is almost of the same amount as that invested in cash and inventories. Receivables thus‚ form about one third of current assets
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What does it mean to be German? an essay by Max Zöfeld This is a hard question‚ which may sound a bid jingoistic in the wrong ears. A blonde person with blue eyes‚ well organised and every time punctual is that kind of person‚ which comes to the mind of many people in other countries when they here the word “German”‚ but the question is why? Maybe they are influenced by the Aryan standards which became known in the time of the national socialists. However my own opinion distinguishes from this
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durable; and lastly‚ ‘because in that condition the passions of men are incorporated with the beautiful and permanent forms of nature.’ 2. Choice of Rustic Language : Secondly‚ that‚ “The language too of these men is adopted (purified indeed from what appears to be its real defects‚ from all lasting and rational causes of dislike or disgust) because such men hourly communicate with the best objects from which the best of language is originally derived; and because‚ from their rank in society and
Free Poetry Samuel Taylor Coleridge William Wordsworth
“What is REAL?” asked the Rabbit one day… Does it mean having things that buzz inside you and stick out like a handle?” In the children’s book‚ The Velveteen Rabbit‚ by Margery Williams‚ two toys talk within a nursery about what it means to be Real. As I listened to the reading‚ I realized that I can apply the discussed qualifications for Real into my life‚ and as I did so I began to recognize just how Real I may be. After reading the book to the class my teacher issued an assignment‚ a five
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