Wages Interest 6‚000‚000 500‚000 10‚000‚000 16‚500‚000 E 1-2 b b d b b c c b a b d. The cash basis of accounting requires the company to expense the entire $10 million of equipment in year ten. The taxpayers of the tenth year incur the entire expense rather than depreciating $1 million per year. P 1-2 1. The fact that the church reported only $0.2 million in assets indicates that the bank would not have near enough collateral in case the loan is not paid. 2. The loan officer would also want to
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What you need to know • Common requirements now exist between US GAAP and IFRS on how to measure fair value • IFRS 13 does not change when an entity is required to use fair value‚ but rather‚ provides guidance on how to measure the fair value of financial and non-financial assets and liabilities when required or permitted by IFRS • While many of concepts in IFRS 13 are consistent with current practice‚ certain principles‚ such as the prohibition on blockage discounts for all fair
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Europe Chapter 13 covers Europe’s social and political order from 1600-1715. In the early century‚ inflation was such that prices were four times what they had been between 1525 and 1550. Three great powers contested for dominance – the Ottoman Empire‚ the Spanish Empire‚ and France‚ under Louis XIV and Richelieu. Each had a mass of about 17 million people. In spite of the presence of these great monarchies‚ there were still areas all over Europe from southern Italy to Scandinavia and from Scotland
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E -11 DM 5 DL 4 VMO 3 FMO = 180‚000/50‚000 = 3.6 Total = 15.6 15.6 * 5‚000 (50‚000-45000) = 78‚000 E-12 DM 5 DL 4 VMO 3 Cost per unit = 12 $ EIV = 12 * 5000 = 60‚000 E-13 Difference 3.6 * 5000 = 18‚000 And 78‚000 – 60‚000 = 18‚000 E-14 CGS sold = 45000(sold) * 15.60 = 702‚000 E15 12 * 45000 = 540‚000 E16 Sales = 30 * 45‚000 = 1‚350‚000 CGS 702‚000 CM 648‚000 Less S & admin. 160‚000 Net income 488‚000 E17 Sales =
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Chapter 6 – Analyzing Consumer Markets and Buyer Behavior True/False Questions 1. Whirlpool uses staff anthropologists to determine how exotic cultures do their laundry. False (easy) p. 111 2. Culture is the most fundamental determinant of a person’s wants and behavior. True (moderate) p. 112 3. Social classes are relatively heterogeneous and enduring divisions in a society. False (difficult) p. 113 4. If you reject the values of a particular group‚ it is considered a dissociative
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Accounting Homework Individual Chapter 7 Question 1&2 1. (a) What are generally accepted accounting principles (GAAP)? In the U.S.‚ generally accepted accounting principles‚ commonly abbreviated as US GAAP or simply GAAP‚ are accounting rules used to prepare‚ present‚ and report financial statements for a wide variety of entities‚ including publicly-traded and privately-held companies‚ non-profit organizations. (b)What bodies provide authoritative support for GAAP
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AP Psychology Outline Chapter 9: Intelligence & Psychological Testing Red – Definition Blue - Important Points Green - Important People & Contributions 1. Key Concepts in Psychological Testing a. Psychological Test – Standardized Measure of a Sample of a Person’s Behavior. i. Used to Measure Individual Differences. b. Types of Tests i. Mental Ability Tests 1. Intelligence Tests – Measure General Mental Ability. 2. Aptitude Tests – Measure Specific Types of Mental Abilities. a. Verbal
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Exercise 2-2 | | |Product |Period Cost | | | |(Inventoriable) Cost | | |1. |Depreciation on salespersons’ cars | |X | |2.
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Chapter 19 Test: The French Revolution and Napoleon Matching Match each term with the correct statement below. a. abdicate d. sans-culottes b. deficit spending e. suffrage c. plebiscite ____ ____ ____ ____ ____ 1. 2. 3. 4. 5. Spending more money than is taken in Working-class revolutionaries The right to vote Ballot in which voters say yes or no to an issue To give up power Match each person with the correct statement below. a. Napoleon d. Olympe de Gouges b. Jacques Louis David e. Clemens von Metternich
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Hasan Chowdhury 092 0168 030 Date of Submission: 11/04/2010 2etter of Transmittal: April 11‚ 2010 Shahid Hossain Faculty‚ Mgt- 210 School of Business North South University Dear Sir‚ In this report of “Uttara Bank”‚ we have tried to implement our learning from this course. We would like to thank you for offering the opportunity to work on this topic. Despite many limitations‚ we have tried our best to make this report accurate and reliable. If you have any
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