13/08/2012 Topic 3 Property‚ Plant & Equipment The nature of PP&E • AASB 116 defines property‚ plant & equipment (PP&E) as: • tangible items • with a specific use within the entity • that are expected to be used during more than one period AASB 116 specifically excludes assets held for re-sale PP&E is normally divided into classes. Common classes include land‚ buildings‚ machinery‚ motor vehicles. • • 1 13/08/2012 Initial recognition of PP&E • Cost of an item is recognised as
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1. What are the defining characteristics of the golf equipment industry? What is the industry like? 2. What is competition like in the golf equipment industry? What competitive forces seem to have the greatest effect on industry attractiveness? What are the competitive weapons that rivals are using to try to outmaneuver one another in the marketplace? Is the pace of rivalry quickening and becoming more intense? Why or why not? 3. How is the golf equipment industry changing? What are the
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Can technology replace teachers? Technology has grown leaps and bounds in every aspect that it looks as though we can totally depend on it for our daily needs. Children are seen glued to computers‚ iPads and cell phones looking for information‚ playing games‚ chatting with friends etc. Anything and everything seems to be available at the click of a button. Then why do we need teachers? Are we going to get rid of them? Won’t it make much sense to just learn from the various sources‚ instead of having
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Scott Equipment Organization is investigating various combinations of short- and long-term debt in financing assets. Assume the organization has decided to employ $10 million in current assets and $15 million in fixed assets in its operations next year‚ and EBIT for next year is $8 million. The organization’s income tax rate is 40%. Stockholders’ equity will be used to finance $15 million of assets‚ with the remainder financed by short- and long-term debt. The organization is considering implementing
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Allyson Stearns September 10‚ 2013 Block 8‚ Humanities Life is What You Make It When thinking about my view of the world‚ there is a jumble of different philosophies‚ beliefs‚ and ideas going on in my head. There is so much to take into consideration‚ and it seems that everything is connected but also scattered in a way that it is hard to really be able to dig deep and explain on paper what my worldview is. After many headaches and deep thoughts‚ I boiled it down to the things that I could not
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Should You Work During College? In Michael Toth’s persuasive article entitled “Should You Work During College?”(2008) written in addition order specifically causes and effects‚ the author states that there are ups and downs in having a career‚ or a part time job‚ while still studying. The main dilemma in this situation is time management between college and a job. A lot of things should be taken under consideration before taking up such a responsibility. These things include the time required to
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Everything Straight What is something that you show without much thought? There a lot of facial expressions that a person can make. Some seem more common and the more subtle differences are lost in different traditions and cultures‚ but the most universal facial expression with same meaning across all culture is indicated by an upward curving of the corners of the mouth or simply‚ a smile. I smile knowing that smiling changes my mood. According to psychologists if you smile for a minute‚ no
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Who are you when no one’s looking essay 2/17/18 Who are you when no one’s looking was a book about character. The book list five endangered qualities that are vital for a strong person with good character: Courage‚ discipline‚ vision‚ endurance‚ tender love‚ tough love‚ sacrificial love‚ and radical love. Courage. Courage can be shown in many different ways. But courage is mainly stepping up to the plate and looking in the face or your emotional‚ spiritual‚ and physical fears. Courage in this
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In Mark Edmunson’s article “Who Are You and What Are You Doing Here?”‚ he directs this article to incoming freshman and talks about going to college with very little resources and being the only one in his family to goto college; he also talks about what students need to do in college to be successful. Edmunson thinks everyone should find out who they really are in college so you know what you want to do in your future career. Not just going to college pursuing a career thats not much of an interest
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Practice what you Preach | Business Ethics ECBA 401-20-0911 | By: Gail E. Campbell For: Dr. Robert Stevens | Practice what you Preach Being ethical can be shaky because the meaning is hard to pin down and the views of many are different. The law often incorporates ethical standards to which most citizens go by is what makes ethics and the law not the same. But laws‚ like feelings‚ can deviate from what is ethical. Even though being ethical is not the same as doing “whatever
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