Basillio Corespondencia AC330 - Managerial Accounting for Business Professionals Professor Christine Covan Unit 10 Writing Assignment Reflect and describe which key concepts and topics in this course have made you a stronger candidate to enter the business world. When I first began this course‚ I didn’t really understand what Managerial accounting for Business Professionals were. I was very confused and also a bit intimidated with what is expected and how is the professor going to be. In my
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Why in the World we Need Derivatives Many years ago humans discovered that with the use of mathematical calculations many things can be calculated in the world and even the universe. Mathematics consists of many different operations. The most important that is used by mathematicians‚ scientists and engineers is the derivative. Derivatives can help make calculations of anything with respect to another event or thing. Derivatives are mostly common when used with respect to time. This is a very
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collect your items you then leave. On your walk home‚ you see an officer speed up‚ pull over and get out of the car. They have a weapon of their choice pointed at you. They demand you put your hands up and get on the ground. Confused and scared‚ you do as they say. They grab your things and throw them at a distance and pat you down. Still confused‚ you say nothing. Suddenly‚ someone on the walkie states that the offender has been caught. The officer tells you to stand and go on about your day. They
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severe financial hardship. Many victims attempt to recover financial compensation for the injury through legal channels. The problem is that financial bills and obligations do not go on hold while a plaintiff’s case makes its way through the legal system. Lawsuit funding is designed to help alleviate the financial stress and burden for the plaintiff. Lawsuit funding provides emergency funds for the plaintiff. Lawsuit funding provides a cash advance that allows a plaintiff to meet her financial obligations
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b. increase one asset account and decrease another asset account. c. decrease total assets and total equity. d. decrease one asset account and increase an equity account. 2. Warren Company makes candy. During the most recent accounting period‚ Warren paid $3‚000 for raw materials‚ $4‚000 for labor‚ and $2‚000 for overhead costs that were incurred to make candy. Warren started and completed 10‚000 units of candy‚ of which 7‚000 were sold. Based on this information‚ Warren would
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1. Basic Concepts Product cost = Direct Labor (DL) + Direct Materials (DM) + Manufacturing Overhead (MOH) Financial accounting Managerial Accounting + Sales + Sales - COGS - Variable Costs = Gross Profit = Contribution Margin - SG&A - Fixed Costs = Net Profit = Net Profit COGS (Cost of Goods Sold) is an “inventoriable cost” ( recorded in the Balance Sheet as inventory and expensed (Income Statement) when goods are sold SG&A (Selling‚ General & Administrative) are
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Why Do We Need Solar Energy? With the world’s natural resources depleting rapidly‚ humans must find a way to compensate. This society has milked oil‚ coal‚ gasoline‚ lead‚ uranium‚ and many other of these reservoirs in our Earth for hundreds of years and much has been done. Asphalt was used for our roads and highways‚ coal was originally used for heat before there was oil‚ and even water was used as a form of electricity on many rural farms. Luckily‚ more companies around the world are waking
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For over one hundred years‚ students of all ages are forced every year to endure the stress of pressure packed and ubiquitous standardized tests. They need to have their number two pencils ready as they mentally prepare themselves to take a test for hours on information that might not have even been covered. Standardized tests consist of fill in the blank and multiple choice questions‚ they require all test takers to answer the same questions in a consistent manner. Standardized testing is the main
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Title: Why do we need Administrative Law? What kind of disputes are being settled(solved) by the administrative courts Administrative law is a branch of law governing the creation and operation of administrative agencies.It covers a wide and varied area of practice‚encompassing many different types of governmental legal procedures and regulations‚and is not easily defined.Much of government and its public programs operate largely through various agencies on different levels:federal‚state‚county
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Why do we need fruits and vegetables? As we already know that metabolism is a chemical process that is necessary for the generation of new cells and for releasing energy by breaking down of the molecules. Metabolism is actually occurring in each and every cell of the body that involves large number of chemical reactions and needs enzymes and compounds including vitamins‚ minerals‚ phytonutrients. Fruits and vegetables contain most of these important nutrients which are necessary for growth and redevelopment
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