1.Executive Summary Safe Kids Child Care is a start-up organization that provides day care services . This mid-sized child care facility serves children from three months to six years of age. Our services are safe and secure‚ providing the parents with an excellent place where their children can be taken care of. Safe Kids Child Care is a business that has become necessary in today’s fast-paced world. There are an increasing amount of families who have become dependent on two incomes‚ which has
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Percent Change Best Average Worst 1.7 1.5 +13.3% 2.1 1.5 1.2 The Hershey Company’s current ratio increased 13.3% from 1.5 to 1.7. The current ratio increased 13.3% because current liabilities saw a decrease of 9.6% from 2010 and current assets increased by 2.1%. When comparing The Hershey Company’s current ratio to the RMA’s average of 1.5‚ Hershey is 13.3% higher‚ and 41.7% higher than the RMA’s worst of 1.2. The Hershey Company has
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Chapter 1: Introduction to accounting Multiple Choice 1. Which of these is a decision relevant to the accounting function of an entity? a. Whether debts can be repaid b. Finding the most cost effective way to produce goods c. The investment prospects of the entity d. None of the above e. All of the above 2. Under the Framework describes the qualitative characteristic of relevance as: a. information that is of value to users in decision making. b. information that can be classified. c.
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Waterways Continuing Problem 1 Waterways Continuing Problem WCP1 Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrigate farms‚ parks‚ commercial projects‚ and private homes. It has a centrally located factory in a U.S. city that manufactures the products it markets to retail outlets across the nation. It also maintains a division that provides installation and warranty servicing in six metropolitan areas. The mission
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Business Plan OWNER – Joseph Reginald Nicolas Magdaleno Business Name – “JREG AGRO VENTURES” Address : 2641 Sitio Manggahan‚ Brgy. Pulong Buhangin‚ Sta. Maria Bulacan City‚ ST ZIP Code : 3020 Telephone : (02)533-65-54 Mobile: (+63)923-408-06-59 E-Mail : jreggie.mgdln@gmail.com I. Table of Contents I. Table of Contents 2 II. Executive Summary 3 III. Business Description 4
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ACC 290 Final Exam Study Guide Let’s get started… Q 8 – Under IFRS Comparative prior-period information must be presented and financial statements must be provided annually. Explanation: See IFRS financial reporting requirement here: http://www.iasplus.com/en/standards/ias/ias1 Q 10 - Similarities between International Financial Reporting Standards (IFRS) and U.S. GAAP include all of the following except: Both IFRS and U.S. GAAP allow revaluation of items such as land and buildings to fair
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000 Incr $2‚400 subtract (-) Investments 138‚000 114‚000 Incr $24‚000 Plant assets 270‚000 242‚500 Incr $27‚500 Less: Accumulated depreciation (50‚000) (52‚000) Decr $2‚000 Total $ 682‚500 $ 514‚750 Liabilities and Stockholders’ Equity: Accounts Payable $ 112‚000 $ 67‚300 Incr $44‚700 add (+) Accrued expenses payable 16‚500 17‚000 Decr $500 subtract (-) Bonds payable 110‚000 150‚000 Decr $40‚000 Common stock
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13 to year 14 went sales went up by 50.25 percent‚ more than the increase in accounts receivables. These cash flow problems can be perceived by the fact that the company is not generating enough cash to pay neither their current liabilities nor their long-term liabilities. Their coverage ratio for year 14 was just 0.123 and their operating cash flow ratio for year 14 was 0.167. On top of
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on page 56 in your BUSN 5200 Custom text Version 2) As of August 31‚ 2011‚ what percentage of Main Street Store’s assets were financed with debt (that is‚ liabilities)? a. 20.9% From Exhibit 2-1 on page 56: b. 36.6% * Total liabilities: $117‚000 Total assets : $320‚000 c. 15.6% Percent of assets financed from debt (liabilities) = $117‚000 / $320‚000 = ..366‚ or 36.6% d. 100% 4. (See Exhibit 2-1 on page 56 in your BUSN 5200 Custom text Version 2) What was Main Street Store’s
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JSC «Kazakh-British Technical University» Business School Department of “Management and Social Sciences” Project Report Topic: Linguistic educational centre “Otan” Discipline: Business Planning Team Number: 7 team member 1: Mukatayeva Almira Term: Fall 2013 Instructor’s full name: Dr. Alex Mosesov Almaty‚ 2013 CONTENT 1. Summary…………………………………………………………………………………………………3 2. Business overview…………………………………………………………………………………..3-7 2.1 Description of
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