reasons for the pace but economists were however cheered by the support by commodity prices‚ which would be a boost to the total export receipts. According to a Business Times poll‚ exports are expected to post a 8.07 per cent average growth rate and imports 5.19 per cent while trade balance is expected to average RM8.97 billion. The International Trade and Industry Ministry will release the data today. OCBC Bank’s Gundy Cahyadi said the 16.6 per growth‚ seen in September‚ was just temporary‚ adding
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Cash Discount on Sales Cash discount is the discount offered by seller for paying cash early. Cash discount is only offered on credit sales where the customers do not pay at the time of sale but promise to pay latter. There are two methods of accounting for sales that offer cash discounts; the gross method and the net method. These two methods are explained with the help of the following example: Example Suppose Company A sells certain goods at a price of $4‚400 with terms of payment
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Traveler Import Cars Case 1. What problems existed at Traveler Import Cars? What are the symptoms? Randy and Beryl‚ a married couple‚ created Traveler Import Cars‚ a car dealership that begin its operation by selling a brand of Japanese cars. Randy worked for many years in the car dealerships as a partner of Capital Imports‚ a car dealership that sells expensive European automobiles. Beryl was an MBA graduate with professional experience on car dealership as a consultant. Together they
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Marine Policy 25 (2001) 71}81 China ’s exclusive economic zone and continental shelf: developments‚ problems‚ and prospects Zou Keyuan* East Asian Institute‚ National University of Singapore‚ 7 Arts Link‚ Singapore 117571‚ Singapore Received 1 October 2000; accepted 29 November 2000 Abstract China promulgated its Law on the Exclusive Economic Zone and the Continental Shelf in 1998 after it had rati"ed the United Nations Convention on the Law of the Sea in 1996. By so doing‚ China has formally
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Accounting 311 Company Project Part 1 – Company Survey 1. Industry of company surveyed: General Electric 2. Type of Managerial Accounting Used: Job Order Process Costing Other: Explain 3. List 3-5 of the most significant direct Materials from a cost basis: Chemicals spare parts Filter Membrane Rental Trails and Trucks 4. List 3-5 of the most significant direct Labor elements from a cost basis {list skill level – e.g. journeyman mechanic‚ apprentice painter
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Abstract Asian miracle was the most spectacular period that saw the Asian continent turned into a powerhouse. There were similarities in the factors that led to growth in the economies key among them being innovation‚ entrepreneurship and good policies adopted the governments in place in ensuring the continuity of the upward trend in economic growth. There were differences especially in strategies adopted by different countries in the region especially on matters pertaining to trade and education
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Cash Control and Cash Budgets Budgeted Income Statement and Budgeted Balance Sheet What is a Budgeted Income Statement? An estimate of expected revenues and expenses for a business‚ over a specific time period i.e. 1 year‚ 1 month or a specific event. What is a Budgeted Balance Sheet? An estimate of a business ’s financial position (assets‚ liabilities and owners equity) which can be produced for both the start and end of a period of time (i.e. a year) or for a special event when preparing
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Dated: 12-04-2013 STEPS INVOLVED IN THE SELECTION FLOW METER There are well over 20 different types of flow meters‚ even if we lump the various positive-displacement flow meters together as one type. Unless the process engineer knows the pros and cons of each type‚ it can be a daunting task to properly select one. Here are just some of the factors to consider before selecting a flow meter: • Its size and measuring range of the flow meter • Chemical compatibility • Process accuracy requirements•
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Cash Connection Payday Loans Strategy‚ Ethics and Forces 1. What is Cash Connections strategy? * Differentiate itself from competitors to gain the largest piece of the $40 billion dollars of paid lending that the United States industry has to offer‚ while adhering to government restrictions and meeting customer’s needs. Reference: Thompson‚ Peteraf‚ Gamble‚ and Strickland. P. (2010). Crafting and Executing Strategy: The Quest For Competitive Advantage Concepts and Cases (18th ed
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CHAPTER- 1 INDUSTRY PROFILE 1.1 AUTOMOTIVE INDUSTRY The automotive industry designs‚ develops‚ manufactures‚ markets and sells the world motor vehicles. In 2008‚ more than 70 million motor vehicles‚ including cars and commercial vehicles were produced worldwide. In 2007‚ a total of 71.9 million new automobile were sold worldwide. Around the word‚ there were about 806 million cars and light trucks on the road in 2007: the burn over 260 billion gallons of gasoline and diesel fuel yearly. The numbers
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