were defective equipment or parts. Claiming the products failed to work as promised and advertised‚ Transamerica filed suit which initially included a claim based on implied warranty. Issue What are the appropriate statute of limitations in this case and what specific warranties and disclaimers exist‚ if any‚ following the conversation between Brown and Spenser? Did the two parties
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3. Cash equivalents are described as the balance of the Cash control amount combined with the control account for purposes of balance sheet presentation. These liquid short-term investments‚ such as U.S. Treasury bills and money market funds‚ qualify because the are considered very safe‚ have a very stable market‚ and mature within 90 days of the acquisition date. Because these items are so similar to cah‚ they are combined with it on the balance sheet. 6. Two items that are often encountered
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1. Why do you think Red Lobster relies so much on Internet surveys to track customer opinions‚ preferences‚ and criticisms? What are the advantages of online questionnaires versus traditional surveys conducted over the phone or through the mail? Red Lobster relies on Internet surveys because the online population continues to grow and most customers don’t want to complete surveys during their lunch or dinner. The advantages of online questionnaires are the real-time reporting; having reduced costs
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topic. I expect that you will read all the information that has been given in the subject outline to help you to write the case study. There is a wealth of information there. Ideally‚ I expect consistent quality throughout all the sections of the report. You need to leave enough time to plan and write each section carefully. I expect that your Problem Identification section will succinctly identify problems (not just repeat case information)‚ explain the problems using case evidence‚ and show how the
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divided into four sections: – FROM THE BOOK questions are brief comprehension activities that you may choose to use as homework or at the completion of each segment. – EXTENDED QUESTIONS allow students to probe further into some of the significant events or themes that exist within the book. – EXTENDED TASKS involve tasks that may be suitable for assessment purposes such as creative writing and relating the themes to the students. – ESSAY QUESTIONS allow for an overview of the text and may
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Chapter 11 - Resource Requirements Student: ___________________________________________________________________________ 1. Whenever possible‚ effective entrepreneurs seek to own the resources they need. True False 2. One advantage of owning resources during the startup is that it puts the team in a better position to commit and decommit quickly. True False 3. Entrepreneurs in high-potential startups seek to have not only enough committed resources for the task at hand but also a cushion
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Video Case - Annie’s Homegrown 1) Annie knew what she wanted and had the willingness and determination to see it through. a) Annie’s person characteristics of being health conscious‚ willing to take chances and focusing on no only her wants and needs‚ but also the wants and needs of others has helped shape the success of her business. 2) The company evolved into a multimillion dollar leader in the natural organic food industry by identifying the markets and then focused on the top ten markets
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ANSWERS TO AICPA QUESTIONS CHAPTER 10 INTELLECTUAL PROPERTY RIGHTS AND THE INTERNET 1. (a) Computer software is covered under the general copyright laws and is therefore usually copyrightable as an expression of ideas. Answer (b) is incorrect because copyrights in general do not need a copyright notice for works published after March 1‚ 1989. Answer (c) is incorrect because a recent court ruled that programs in both source codes‚ which are human readable‚ and in machine readable object
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Toyota Case Study Group: 1 1. As Doug Friesen‚ what would you do to address the problem? Where would you focus your attention and solution efforts? The major problem that Doug‚ manager of assembly‚ needs to address is of Seat Problems. Due to seat problems‚ production level is decreasing and which resultant leads to increase in overtime works‚ lead-time and off-time vehicle inventory. The major problem that is observed is improper seat quality management in KSF. Most of the seat problems
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NIKE CASE STUDY 1. Why is it important to estimate a firm’s cost of capital? What does it represent? Is the WACC set by investors or by managers? Weighted average cost of capital or WACC represents the overall cost of capital in the company. It takes into considerations cost of debt and cost of equity. As company’s value can grow by increasing its assets that could be financed either be debt or equity and cost of capital shows how much it costs to do that. Cost of capital is a very important component
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