as their website. Methods used to account for assets‚ liabilities‚ and shareholder equity by Apple Company Apple companies follow GAAP accounting techniques. Apple uses straight line differentiation principle or method account for its tangible property. Intangible assets are amortized for over considerable life time. The company uses the principle of subtracting total liabilities from the total assets. The alternative method which provides the same results involves calculating the capital share
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1. [Sales Growth Rates‚ Sales‚ and Profits] Petal Providers Corporation opens and operates “mega” floral stores in the U.S. The idea behind the super store concept is to model the U.S. floral industry after its European counterparts whose flower markets generally have larger selections at lower prices. Revenues were $1 million with net profit of $50‚000 last year when the first “mega” Petal Providers floral outlet was opened. If the economy grows rapidly next year‚ Petal Providers expects its
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Accounting for Managers Identify the differences between a cash flow statement and a profit and loss account. Which statement gives a better view of organisational performance? Fully explain your choice. There is undoubtedly‚ a clear difference between what is termed “cash” and what “profit” is and by extension a cash flow statement and a profit and loss statements. Notwithstanding these differences‚ each statement gives a different yet important view of organisational performance. Cash
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Journal Entry 6-1-12 I learned that its not always about immediate profit. The purpose of business is to prolong your business while making a solid profit each year. If you make 100‚000 dollars for 3 years that does not exceed what your profits would be if you made 75‚000 dollars a year for 25 years. The peace of mind alone knowing you have a trust worthy business partner as well as a set in stone job/business for your lifetime and retirement is often a lot more rewarding than a quick buck. I
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The selling price and cost per unit are shown below: Selling price $200 Costs: Direct material $35 Direct labor 50 Variable overhead 25 Variable selling expenses 25 Fixed selling expenses 15 150 Unit profit before tax $ 50 Management is evaluating the alternative of performing the necessary customizing to allow Electron Control to sell
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techniques many companies and organizations use these to prevent loss and increase profit. The three major risk management techniques that corporations and organizations use in order to manage risk factors are loss control‚ loss financing‚ and internal risk reduction. By using these three methods and knowing how they work a business can take to protect the company‚ the possible risks are easier to be contained and managed. Loss Control Loss Financing Loss financing is one of these techniques and
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In the book “Not For Profit” Martha C. Nussbaum discusses how she believes the humanities is needed in modern day democracy and the important role it plays when producing informed citizens that are able to think critically. Her whole book points to the humanities as being the key to a successful democracy and should be taken into account when comparing different nation’s form of democracy. One would need to read the whole book in its entirety to fully understand her argument for the role of humanities
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AFFIDAVIT OF LOSS OF SCHOOL IDENTIFICATION CARD REPUBLIC OF THE PHILIPPINES ) _____________________________ ) SS. I‚ AARON PAUL S. ORTEGA‚ Filipino‚ of legal age‚ single‚ and a resident of Lot 33 Block 40 Country Homes‚ Cabantian‚ Davao City‚ Philippines‚ after having been duly sworn in accordance with law‚ hereby depose and say: 1.That I am a holder of a school identification card issued by BROKENSHIRE COLLEGE‚ IT DEPARTMENT‚ Madapo Hills‚ Davao City; 2.That I used to put said identification
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CHAPTER ONE PRINCIPLES OF PERSONNEL MANAGEMENT HUMAN RESOURCE DEPARTMENT AND ITS BASIC FUNCTIONS For any organization‚ staff or men power is the most valuable asset.. In the modern age where computers and information technology have brought revolutionary changes in the progress and performance‚ human resource factor’s importance has become imperative. Many years ago large organizations had no separate department for staff matters and Personnel & Admin Department was doing the job. But recently
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society often does not recognize the death of a sibling as a significant loss and many siblings are left alone in their grief. People tend to focus on the parents of the deceased or on the siblings nuclear family. Parents are often not very helpful in the process of sibling grief. Parents tend to be consumed with their own grief and often do not have energy for consoling the siblings of the deceased. Everyone will handle the loss of a sibling in their own individual way. Emotions following a sibling
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