A. What is the difference between accrual-basis accounting and cash-basis accounting? The difference between the two types of accounting is when revenues and expenses are recorded. In cash basis accounting revenues are recorded when cash is actually received and expenses are recorded when the expenses are actually paid. B. Why would politicians prefer the cash basis over the accrual basis? The accrual basis system deals with deprecation of the value of equipment‚ land and such. Politicians would
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employees that must take a sick day off will be receiving nothing but empty pockets for there on the day off. Also day without pay will be stressful for those who live paycheck to paycheck. The more jobs that offered to pay sick days is beneficial to closing the wage gap‚ due to the fact‚ that a majority of women have children that will eventually get sick and so will the mothers themselves. Another tool to diminish the wage gap between genders is pay transparency‚ which aid women to find out if they
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Model We have used 7 step framework to formulate the strategy to enter into African market. The frame work helps in understanding the following things. Market Opportunities: Understanding our target market‚ Value proposition: What expertise we have to offer‚ Market entry strategy: How do we enter the market with minimal risk‚ Sourcing our projects: locally or import?‚ Manufacturing: How do we implement our projects?‚ Synergize: How do we synergize the operations?‚ Sustain: How do we sustain?. This
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barriers to entry may affect market structure In some market it is easier to enter than in others due to the barriers to enter. Those barriers determine how many producers there will be in a market and therefore its structure. If there are lot of barriers to entry there will be market structure such as monopoly or oligopoly; if there are no barriers to entry‚ or just few of them‚ there will be market structure such as perfect competition or monopolistic competition. When the barriers to entry are lots
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Fundamental 2 Background 3 Prepayment 3 Accrual 3 Income Statement 6 Balance Sheet 8 Trend Profit 9 QUOTES THEORY‚ INTRO‚ TABLE OF CONTENTS Introduction The purpose of this report is to identify the items that may result in adjusting entries for both prepayments and accrual by looking at the trial balance and income statement. Furthermore‚ analyzing the historical summary of financial is to know the trend for profit or loss of the company assets. Fundamental First of all‚
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Ben ’s age affect his decision to get an MBA? 2. What other‚ perhaps nonquantifiable factors‚ affect Ben ’s decision to get an MBA? 3. Assuming all salaries are paid at the end of each year‚ what is the best option for Ben‚ from a strictly financial standpoint? 4. In choosing between the two schools‚ Ben believes that the appropriate analysis is to calculate the future value of each option. How would you evaluate this statement? 5. What initial salary would Ben need to receive to make him
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money in ’05 and even managed to gain market share. The CEO at this time‚ Dieter Zetsche‚ was hopeful that he would be able to make profit with the introduction of a new SUV—the seven seat Jeep Commander. The new introduction was thought to be just what the company needed. The timing‚ however‚ could not have been worse. In 2005‚ oil prices rose‚ and supplies became very tight due to Hurricane Katrina. By 2006‚ the price of oil drastically rose to an astounding $70.00 a barrel up from about $35.00
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Closing Case: CH 9 When should Bunyan Lumber‚ harvest the forest? The cash flow will grow at the inflation rate of 3.7%. Utilizing the real cash flow formula (1+R) =v (1+R)(1+H) 1.10 = (1+R)(1.037) R= 6.08% The conservation funds are anticipated to grow slower than the inflation rate. The return for the conservation fund will be‚ (1+R) = (1+R) (1+H) 1.10 = (1+R) (1.032) R= 6.5% The cash flow from the thinning process is as follow‚ Cash flow from thinning = Acres thinned x cash
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socioeconomic class‚ age‚ religious affiliation and sexual orientation. Cultural competency is a major issue that needs to be addressed in order to in closing the disparities gap in health care. Developing cultural competency enables patients and doctors to communicate about health concerns without cultural differences hindering the conversation. Closing the Gap on Cultural Competency Cultural competence is obtaining information about cultural beliefs‚ behaviors‚ and needs and then applying that
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Journal Entry Question #4: “Everyday Use” What is heritage? This is a question that begins to wander through one’s mind in Alice Walker’s Everyday Use. Although‚ it seems like a pretty generic answer‚ one sees that through this story that there are different meanings to people. Everyday Use is a story that follows a mom and her two daughters Maggie and Dee otherwise known as “Wangero.” It goes through these lives to share with the reader how people can completely abandon their past or ways of
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