Scott‚ Financial Accounting Theory‚ 6th Edition Instructor’s Manual Chapter 2 Suggested Solutions to Questions and Problems 1. P.V. Ltd. Income Statement for Year 2 Accretion of discount (10% × 286.36) $28.64 P.V. Ltd. Balance Sheet As at Time 2 Financial Asset Cash Shareholders’ Equity $315.00 Opening balance Net income $286.36 28.64 Capital Asset Present value 0.00 $315.00 $315.00 Note that cash includes interest at 10% on opening cash balance of $150
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Principles and Practices of Management 1) Explain the different activity levels of Management? A: The management of an industry can be sub-divided into the following different level: 1. Top Management: It consists of the board of directors and the principal offers such as the chief executive managing director and the others concerned with the general operation as distinct from some functional specialization. They are the ultimate level of authority in the operation of the enterprise. They set
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Favorite Movie My favorite Movie would be taken. Taken is about a 17 year old girl that travels to France alone with her 19 year old friend to follow a band around Europe. She wanted to substantiate to her father she was mature enough to be by herself. Her father is a CIA operative who sets about tracking down his daughter after being kidnapped by Human Traffickers; he is very surreptitious about his Job. Arriving in Paris a kidnapper scout named Peter offers to share a cab with them. At the apartment
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Why I’ve chosen the University ? I believe that personal growth and development are key components of the university years and I am convinced that studying abroad experience would offer unique possibilities to accomplish these aims. Ever since I was a young boy‚ I have dreamt of living in a foreign country. I always knew that I wanted to go abroad and study in Great Britain. Something about being independent and exploring the unknown always appealed to me. Now‚ although
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2. OVERVIEW OF CON EDISON SYSTEM AND LIC NETWORK 2.1. Electrical System Overview 2.1.1. Power Delivery System Con Edison delivers electricity to 3.2 million customers in New York City and Westchester County – a service territory of 660 square miles with a population of approximately 9 million people. Electricity is delivered through approximately 94‚000 miles of underground cable and almost 37‚000 miles of overhead cable. As shown in Figure 2-1‚ the Con Edison electric power delivery system is
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INTRODUCTION That I had chosen is Tun Dr. Mahathir bin Mohamad which is our Malaysian fourth Prime Minister of Malaysia. He is one of a good Malaysian politic leader. He held the post for 22 years from 1981 to 2003‚ making him Malaysia’s longest serving Prime Minister. His political career spanned almost 40 years. Born and raised in Alor Setar‚ Kedah‚ Mahathir excelled at school and became a medical doctor. He became active in the United Malays National Organisation (UMNO)‚ Malaysia’s largest
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1. Describe how you would assess the suitability of a campsite. The number one priority when choosing a suitable campsite is if it is safe for overnight sleep. Avoid areas known for avalanches and rock slides. Avoid camping at the bottom of cliffs with loose or falling rocks. Avoid camping near tall‚ dominant trees and single trees as these are targets for lightening. Avoid camping near rivers or creeks in case of heavy rain and sudden flooding. You should ensure that the ground is flat
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Executive Summary Dollarama Inc. (“Dollarama” or the “Corporation” or “Company”) is Canada’s leading dollar store operator selling consumer products‚ general merchandise and seasonal goods at fixed retail prices of up to $2.00. The company has made its success by offering consumers consistent and good quality merchandise at value prices for over twenty years. The company’s leading market position is attributed to a strong supplier network‚ a diverse merchandise mix‚ and convenient store locations
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1. Using the Simple Sheet‚ what happens when Allegro cuts advertising and selling effort to 0$ and raises price to $500/unit? Comment. Setting advertising and selling efforts to $0 while raising the price to $500 has the following effects on the Simple Sheet: Projected Industry Sales‚ Company Market Share‚ and Sales Volume stay the same Projected Sales Revenue increases 100% to $34‚839‚064 Projected Gross Margin per Unit increases 250% to $350 Projected Net Contribution Margin increases
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QUESTIONS AND ANSWERS 1. Evaluate the internal and external environment and analyze major obstacles to making this merger successful. To answer satisfactorily this question‚ students must prepare‚ at a minimum‚ the weaknesses (internal) and threats (external) parts of a SWOT analysis. Students‚ based on their educational and professional background‚ may create many obstacles‚ but the major strategic issues are outlined below: Internal Obstacles a) Culture--Started in 1983‚ America
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