J & L Accounting‚ Inc. Income Statement For the Month Ending January 31‚ 2013 Revenues Service Revenues 8‚375.00 Expenses Advertising Expense 2‚350.00 Rent Expense 1‚000.00 Office Supplies Expense 75.00 Telephone Expense 660.00 Utilities Expense 2‚925.00 Depreciation Expense 1‚100.00 Total Expenses 8‚110.00 Net Income 265.00 J & L Accounting‚ Inc. Post-Closing Trial Balance January 31‚ 2013
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1. J & L should hedge only some of its exposures to diesel fuel. Although there are several financial instruments available for J & L to hedge against the risk of rising diesel fuel prices‚ these instruments still have their own downsides and possibly their own risks. For example‚ the future contracts from NYMEX seems like an effective hedging strategy for J &L‚ but there are some difficulties in terms of using futures from NYMEX to hedge against the diesel prices. NYMEX does not trade
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J & L Railroad 1. J & L can use heating oil futures to hedge its exposure to diesel fuel prices. Which futures position should J & L take? Explain. J&L Railroad should take a long position. They need to purchase diesel fuel in the future‚ they don’t produce diesel fuel‚ so they would want to take a future to be able to lock in the price of diesel fuel for future purchases. 2. What problems could the use of heating oil futures for hedging create for J&L? Note: I assume this question is asking
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oppressively or unfairly towards them. In our case‚ Bryan is minority-shareholder; Don and his board faction are majority-shareholder. To protect Bryan’s interests and rights‚ there are two possible remedies can be advised to Bryan: s 232‚ s461 (1) (e)‚ (f) and (g). S 232 provides a remedy where the affairs of a company are conducted in a manner that is contrary to the interests of the member as a whole‚ oppressive‚ unfairly discriminatory or unfairly prejudicial.1 The court may order the winding up
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Case M&L Manufacturing Q1.What are some of the potential benefits of a more formalized approach to forecasting? Q2.Prepare a Weekly forecast for the next four weeks for each product. Briefly explain why you chose the methods you used. Forecasting helps to predict the future orders‚ in turns it ensures customers demands are constantly being fulfilled; which eventually makes the customers happy. Forecasting helps the company to remain competitive‚ it reduces inventory costs. Besides‚ forecasting
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J. M. W. Turner is one of Britain ’s most popular artists who showed exceptional artistic talent from his early age and entered the Royal Academy at fourteen. His landscape paintings made him popular regardless of a darker side to his paintings that were made big issues by critiques. He became a well-celebrated artist despite of the difficulties he came across in life. Even being born in family of a Garden barber‚ he became very famous for his works such seascape and landscape. His success seems
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Mary May 2nd‚ 2013 African Literature Final Paper Retribution from Rape In the book Disgrace J. M. Coetzee focuses on the effects of post-apartheid in South Africa. It is a book that has won much prestige and criticism. Yet even with all of its fame some people take offense to it arguing that Disgrace is fundamentally a racist book. However‚ I believe that one has to overlook these accusations in order to discover the possibility of justice hidden in the situations. Disgrace is not a
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Unit 4222-232 - Move and position individuals in accordance with their plan of care (HSC 2028) Outcome 1 – Understand anatomy and physiology in relation to moving and positioning individuals 1.2. Describe the impact of specific conditions on the correct movement and positioning of an individual When moving an individual you must take into account if they have any conditions that acquire special moving techniques. Here are a few examples; Individuals with Parkinson’s may have limb rigidity
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L. & J.G. Stickley has passed the test of time from its inception in 1900. Its popularity has been rooted to the high quality furniture products exhibited by each worker in the industry so that the ends result of its furniture products‚ are outstanding. The company has also invested in production of its furniture using various kinds of wood. This form of diversity‚ use of cherry to mahogany wood has won the company extensive markets among them are 120 dealers in the United States. Today‚ L. & J.G
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remembered. This day‚ also known as V-J Day‚ occurred on August 14th‚ 1945 but is still celebrated on the next day‚ August 15th. When Japan surrendered‚ shouts of joy were heard all across the United States as President Truman announced that war between Japan and America were finally coming to an end. Alfred Eisenstaedt‚ photographer hired by LIFE magazine‚ was walking the streets of Times Square in New York City the day America was informed that Japan had surrendered (V-J Day in Times Square 1). Celebrating
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