8-33 a. Gross margin percentage for drug and nondrug sales is as follows: DRUGS NONDRUGS 2007 2006 2005 2004 40.6% 42.2% 42.1% 42.3% 32.0% 32.0% 31.9% 31.8% The explanation given by Adams is correct in part‚ but appears to be overstated. The gross margin percentage for nondrugs is approximately consistent. For drugs‚ the percent dropped significantly in the current year‚ far more than industry declines. The percent had been extremely stable before 2007. In dollars‚ the difference is approximately
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SEC registrant and manufacturer household cleaning products. In the course of operations‚ Polluter Corp emits emission pollutants; The Company receives emissions allowances‚ (EAs‚) from the government for 2010 to 2030. Polluter Corp will upgrade their production facilities in 2014 in order to reduce their pollutants. Emissions Allowance are given by the government in order to offset pollution expense‚ with the goal being to reduce pollution 2010 Transactions After 2014‚ Polluter will emit less
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Clique Pens: The Writing Implements Division of U.S. Home Harvard Business School Case March 31‚ 2015 Define the Problem: How can Clique come up with a plan that will grow revenues‚ increase gross profit margin‚ determine who controls market development funds (MDF’s) and have both the VP of Sales and the VP of Marketing agree and buy in? Decision Factors: 1. Follow VP of Marketing a. Reduce trade discounts and help pay for marketing controlled “consumer oriented” MDF b. Shift to consumer-oriented
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Price Elasticity of Demand Factors Affecting Price sensitivity: have to think about price in a context The unique value effect The substitute awareness affect Price comparison effect: made us more price sensitive Business expenditure effect: made us less price sensitive End-benefit effect: i.e. package travel bundled in less price sensitive The total expenditure effect: the bigger the total expense the more aware The shared cost effect: tend to be less price sensitive when sharing the cost
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Performance Bonus * Stock Options * Relocation allowance * Benefits. In this case we are required to design the ideal compensation that is acceptable for both Monoroe Davies and the CEO Jim Hummer. Jim has provided Monore with a template of the compensation package and asked to fill amounts which he thinks are acceptable in following areas of the package. * Compensation * Stock options * Bonus * Relocation Allowance * Continuing Education stipend We will discuss regarding
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1.0 Introduction 1.1 What is Semiconductor A semiconductor is a solid whose electrical conductivity can be controlled over a wide range‚ either permanently or dynamically. Semiconductors are tremendously important technologically and economically. Silicon is the most commercially important semiconductor‚ though dozens of others are important as well. 1.2 What is Semiconductor Industry The semiconductor industry is the collection of business firms engaged in the design and fabrication of
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for a merchandising company are sales‚ sales adjustments‚ and cash receipts. The primary accounts affected by these transactions are sales‚ accounts receivable‚ cost of sales‚ inventory‚ cash‚ sales discounts‚ sales returns and allowances‚ bad debts expense‚ and allowance for uncollectible accounts 14-2. a. Specific audit objectives for the revenue cycle are derived from the five categories of management’s financial statement assertions. b. Specific audit objectives for credit sales
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1. The assumption that a business can continue to remain in operation into the future is the: a. Historical cost principle. b. Unit-of-measure assumption. c. Continuity assumption. * d. Separate-entity assumption. 2. Sales revenue should be recognised when goods and services have been supplied; costs are incurred when goods and services have been received. Which accounting concept governs the above? a. The prudence concept b. The materiality concept c. The accruals concept * d. The
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early payment and in my opinion‚ businesses that do not offer a discount should do so in the interest of client relations. The Accounts Receivable account is accompanied by a contra-account known as‚ allowance for doubtful accounts. This contra-account also appears on the balance sheet. The allowance for doubtful accounts is subject to the method of collection. There are two common methods of collection: percent of accounts and aging of receivables. Receivables are usually aged according to a
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ABSTRACT Now a day Modern Organization is equipped with all infrastructure including computers. They want maximum output with minimum efforts. With a busy schedule‚ people wants to get output without any delay. The term ’payroll’ encompasses every employee of a company who receives a regular salary‚ wage or other bonuses and compensation. Some employees may be paid a steady salary while others are paid for hours worked or the number of items produced. All of these different payment methods are
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