PROBLEM 1-3B (a)Special Delivery Income Statement For the Month Ended May 31‚ 2012 Revenues Service revenue$10‚400 Expenses Salaries and wages expense$2‚000 Maintenance and repairs expense 2‚900 Advertising expense 800 Insurance expense 400 Total expenses 6‚100 Net income$4‚300 Special Delivery Retained Earnings Statement For the Month Ended May 31‚ 2012 Retained earnings‚ May 1$ 0 Add: ADVANCE \r 1 Net income 4‚300 4‚300 Less: Dividends 1‚700 Retained earnings
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FIN-516 WEEK 1 – HOMEWORK ASSIGNMENT Problem Based on Chapter 14‚ Residual Dividends Middlesex Plastics Manufacturing had 2011 Net Income of $15.0 Million. Its 2012 Net Income is forecast to increase by 8%. The company’s capital structure has been 35% Debt and 65% Equity since 2010‚ and the company plans to maintain this capital structure in 2012. The company paid $3.0 Million cash dividends in 2011. The company is planning to invest in a major capital project in 2012. The capital budget
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This file includes ACC 541 Week 3 - Response to Client Request While working on a consulting engagement‚ a supervisor in your team has given you an assignment. The client is a regional trucking company. A new customer has approached the client with an opportunity that would require 120 trailers—20 more than the trucking company currently owns. The client is uncertain how long the relationship with the customer may last‚ but the deal has the potential for significant growth. Your
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the concepts to be discussed in further detail include horizontal analysis‚ current ratio‚ quick ratio‚ and cash to current liabilities ratio. A horizontal analysis is used to compare data from two or more periods side by side. The current ratio reveals the relative amount of working capital by dividing current assets by current liabilities. A quick ratio is calculated by dividing the assets by the current liabilities. This paper will examine the financial standing of Apple‚ INC and provide recommendations
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Electronic Case Questions Question 1: How do information systems projects get started in organizations? Answer: I think the information system gets started in an organization as soon as a company starts. The need for information collecting starts as soon as a company starts up. They get started when an organization is having a problem keeping track of information accurately‚ maybe the amount of information‚ and many more reasons. A systems analysis can use several options to start‚ in house
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The University Of Phoenix week. 1 worksheet 1. The process of creating a detailed plan to meet your financial needs and prepare for the future is called Personal financial planning 2. Which of the following is not one of the five major steps of the financial planning process? Collect and organize your financial information 3. Which phase in life is commonly associated with focus on marriage‚ family‚ purchasing a home‚ and career development? Late 20s through your 40s 4. Which of the
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phone industry. There was not another phone on the market that had a virtual keyboard‚ the ability to receive HTML e-mail and a full web browser. However‚ the honeymoon for Apple did not last long. The iPhone is no longer leading the industry. This paper will examine possible options of what Apple can do to again become the leader in the smart phone industry. Hypotheses and Question The major dilemma for Apple is losing business to the Android market. The first research question is what is making
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CHFD3113 Week 1 Quiz Part 1 of 1 - 22.5 Points Question 1 of 30 0.5 Points Which one of the following statements reflects what developmentalists mean by the term maturation? A.Changes related specifically to children’s physical development B.Changes related specifically to children’s emotional development C.Changes that reflect increasingly appropriate social behavior D.Developmental changes that are controlled largely by heredity Answer Key: D Question 2 of 30 0.5 Points Many developmental
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Essay week 1 Clegg et al state in their book Managing and organization: “ Being rational means systematic application of various techniques to achieve some given end or goal. “ They also say: “ Rationality is action that is produced according to some rule; action that is not random or unpatterned.” (Clegg ‚ 2011‚ p. 52) This means that rationality is action which is done for a specific goal and done according to some rules or patterns. So rationality is twofold: on the one hand it has to do
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Chapter 2 Self-Disclosure Factors that influence self-disclosure *Who you are: Highly sociable‚ extroverted people self-disclose more then less sociable and more introverted peolpe * Your culture: Your culture views self-disclosure differently‚ some cultures are more private *Your gender: Research shows women disclose more than men‚ however men and women mae negative disclosure equally *Who your listeners are: Self-disclosure occures more readily in a small group than in a large
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