a price of $2‚000 per unit with Selling‚ General and Administrative costs the same as they were in 2008. 2. How would this change if the unit sales pattern was 10‚000 units‚ 5‚000 units‚ 20‚000 units‚ and 5‚000 units in the four quarters? Why? 3. Assume 10‚000 units are sold each quarter in 2008. If the company adopted FIFO on January 1‚ 2008‚ how would this affect the financial statements? 4. In the “as if” income statements prepared by James Colburn‚ the costs of mower units and transportation
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Chapter 3 Discussion Case “Timberland’s Corporate Social Responsibility- Under New Ownership” 1. How would you characterize Timberland’s exercise of its corporate power in society? Is Timberland using its influence responsibly? If so‚ how? I would characterize Timberland’s exercise of its corporate power in society as “Corporate Social Responsibility”. Timberland is being socially responsible towards society and is acting in a way that enhances society. By exercising its power‚ Timberland is practicing
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How does Fitzgerald tell the story in Chapter 3 of the “Great Gatsby”? In chapter 3 Fitzgerald uses structure to tell the story by his order of the chapter. Fitzgerald starts off with Nick providing social commentary about the developing scenes at one of Gatsby’s parties emphasising his contempt for the people who seemingly use Gatsby for his party but also emboldens Nick’s role as an outsider in the book. Nick then prides himself as ’one of the only guests who was invited’ by being invited Nick
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Vocabulary for Chapter 3 – Numerically Summarizing Data Arithemetic mean ‐ The arithmetic mean of a variable is computed by adding all the values of the variable in the data set and dividing by the number of observations. Population arithmetic mean ‐ The population arithmetic mean‚ µ‚ is computed using all the individuals in a population and is a parameter. Sample arithmetic mean ‐ The sample arithmetic mean‚ x ‚ is computed using sample data and is a statistic. Mean – Although other types of means exist
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historical relevance/ background 3. Summary/ paraphrase 4. Appreciation of literary qualities. 5. Identifying with a character. Putting oneself in the place of a character in given circumstances and explaining one’s actions. 6. Imagine alternative outcomes or endings in a literary piece and the effect on all concerned. 7. Write a character analysis of all the major characters present in the play “The Merchant of Venice”. 8. Make a book jacket on the chapter “The Tiger in the Tunnel” The tiger
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Problem Set #3: Edited Version Page 100 – Problems and Applications 1. The three functions of money are medium of exchange‚ unit of account‚ and store of value. Medium of exchange refers to money being accepted as everyday currency‚ that you can go into a store and be confident in the fact that they will accept your money for goods and services. Store of value is defined as the ability of money to retain its value of time; in other words‚ $100 today will be $100 tomorrow‚ next month or 6
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Chapter 14 Section 3 Big Business and Labor 1. Terms & Names * Andrew Carnegie- a Scottish-American industrialist‚ businessman‚ entrepreneur and a major philanthropist. * Vertical Integration-a company’s taking over its suppliers and distributors and transportation systems to gain total control over the quality and cost of its product. * Horizontal Integration- the merging of companies that make similar products. * Social Darwinism- an economic and social philosophy—supposedly
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Answers to Chapter 3 Exercises 3.1. DRAM factory. You own and operate a facility located in Taiwan that manufactures 64-megabit dynamic random-access memory chips (DRAMs) for personal computers (PCs). One year ago you acquired the land for this facility for $2 million‚ and used $3 million of your own money to finance the plant and equipment needed for DRAM manufacturing. Your facility has a maximum capacity of 10 million chips per year. Your cost of funds is 10% per year for either borrowing
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Summary of Chapters-Great Gatsby Chapter 1 * We are introduced to narrator Nick Carraway who firstly talks about the places within America that are so divided and different. He talks of New York‚ the eggs and the valley of ashes. * He talks of how New York is full of commerce and possibilities and how it has gangsters and crime. * He decides to move to where the ‘bond business’ is and lives in west egg‚ where it is not as fashionable as east egg. * He is fascinated by Jay Gatsby
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Chapter 3 An Ethical Dilemma 1. Keeping in mind the facts and timeline of this situation‚ discuss Lavonda’s situation in terms of legal and ethical issues. This case has many aspects of sexual harassment‚ and is very complicated. Karline is partially correct in that it was common knowledge that Lavonda and Allen were intimate. It was because Lavonda crossed that line‚ and did not report the relationship‚ that Lavonda’s sexual harassment suit becomes unstable. Her legal suit would carry more weight
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