INTERNATIONAL TOURISM - NUMBER OF ARRIVALS IN PHILIPPINES International tourism; number of arrivals in Philippines was last measured at 3520000 in 2010‚ according to the World Bank. International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence‚ but outside their usual environment‚ for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within
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Contents 1. Introduction 3 2. Assumptions 3 3. Background 3 4. Question 1 – Has Derek Gorton’s business generated more cash in February than in January? 4 4.1 Answer 4 5. Question 2 -Explain why Derek should produce a financial forecast‚ and not just take one month’s figures as an indicator for the future. 4 5.1 Answer 4 6. Question 3 – Is the business likely to generate increasing levels of cash in the forthcoming months? 5 6.1 Answer 5 7. Question 4 – Would you advise Derek Gorton to lease the
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providing quality products‚ wonderful service‚ and great customer relations. The customer base is primarily women. Bridal’s return policy allows the customer to return merchandise for a full refund as long as it has not been used or worn and the original receipt accompanies it. Recently the company has experience increased competition from smaller specialty stores‚ as well as other chains like David’s Bridal and department stores. The processes at Bridal are as follows: Sales Order Processing The sales order
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Accounting Team Project Naomi Konen and Chue Lee 8-2 a) Joan’s first mistake is not using control of cash receipts. She is having only one person go through the whole accounting controls process. There should be other people involved in this process including Joan herself. Joan must also realize the limitations of human controls. One person going through the entire process is bound to make a human error. b) Joan initially failed by trying to joke about her employee stealing. Stealing
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an outflow of foreign currency are placed on the debit side. Definition: “Balance of payment is a systematic record of a nation’s total payments to foreign countries‚ including the price of imports‚ the outflow of capital and gold‚ and the total receipts from abroad‚ including the price of exports and the inflow of capital and gold.” According to Pas Taylor: “Balance of payment refers to the difference between the total payments out of a country during a given period of time. These payments are
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Course Project ACCT352 Part-1 Section I: Overview Peachtree is an accounting software program sold by Sage‚ whose parent company is the Sage Group. The software is geared for use by small- to medium-sized businesses and has progressed through several generations over the years since its conception. Initially‚ Peachtree was sold by Peachtree Software‚ a company that was established in 1978. Peachtree accounting software was acquired by the Sage Group in 1998. When it comes to managing your
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and used to record accounting transactions way before they are entered into the general ledger. The journals are organized by information chronologically and by the transactions types such as receipts and disbursements. There are three main journals and they are the cash disbursement journal‚ cash receipts journal‚ and he general journal. The cash disbursement journal is the chronological record of the checks that people write‚ the cash
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single cash inflow of $12‚000 in five years‚ discounted at a 12% rate of return. b. An annual receipt of $16‚000 over the next 12 years‚ discounted at a 14% rate of return. c. A single receipt of $15‚000 at the end of Year 1 followed by a single receipt of $10‚000 at the end of Year 3. The company has a 10% rate of return. d. An annual receipt of $8‚000 for three years followed by a single receipt of $10‚000 at the end of Year 4. The company has a 16% rate of return. 2. Cash flow calculations
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outlining the responsibilities of or proper practices for an individual‚ party or organization. Related concepts include ethical codes and honor codes. 3. Official receipt- Official receipts can help avoid any financial misunderstandings or errors and can be referred back to should anything be questioned later on. While most official receipts are carried out in professional manner‚ it is possible to make your own make-shift document by hand if you are not in the position to create one with a template
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Project Report on ONLINE EXAMINATION SYSTEM for Bachelor of Computer Applications by Pratyay Modi (70) Parin Kiri (58) Mayur Parmar (84) Guide Mr. Dhaval Jha Ahmedabad-380015 ACKNOWLEDGEMENT It was very exciting for us to work on the project of ONLINE EXAMINATION SYSTEM. During this work we have gained both practical as well as theoretical knowledge of great significance. We are greatly thankful to all faculty members of college to guide us through this work. We are greatly obliged
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