Current Year‚ Current Year Actual (Unaudited) Prior year Forecast Current Year Revenue and Expense: Sales (net) $9‚000‚000 $9‚900‚000 $9‚720‚000 Cost of Goods Sold 6‚296‚000 6‚926‚000 7‚000‚000 Gross Margin 2‚704‚000 2‚974‚000 2‚720‚000 General Expense 2‚044‚000 2‚000‚000 2‚003‚000 Depreciation 300‚000 334‚000 334‚000 Operating Income $360‚000 $640‚000 $383‚000 Interest Expense 60‚000 110‚000 75‚000 Income Taxes (40%) 120‚000 212‚000 123‚200 Net Income $180‚000 $318‚000
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Some of mans greatest accomplishments have occurred in space‚ such as the moon landing. Space travel not only provides the delightful experience‚ but it also helps us to better our technology as the year’s progress. Although these are positive aspects of space travel‚ there are negative aspects that strongly linger‚ making space travel not so promising. As you may know‚ funding for space travel has cost the people in our society a great deal of money. The government has managed to put the U.S.
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Higher Colleges of Technology Fujairah Women’s College Group Members: * Maryam Ali H00204121 * Fatima Abdullah Rashid H00205893 * Marwa Ali H00203336
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1 Story of Count of Monte Cristo Edmond Dantès is the apple of this novel’s eye. We will follow him over the course of twenty-three years and 117 chapters (yikes). During this time he will pretend to be a number of different people‚ including Sinbad the Sailor‚ Lord Wilmore‚ Abbé Faria‚ and the Count of Monte Cristo. Edmond returns from a long journey at sea. The captain of his ship‚ thePharaon‚ has died along the way‚ and Edmond has successfully lead the crew and the cargo home to Marseilles
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The Company Logo—an asset or expense? As the title of this essay suggests‚ it must first be decided whether the company symbol or logo should be recognized as an asset or an expense. An asset is defined as something of value‚ such as cash‚ equipment‚ inventory‚ or buildings‚ while expense is defined as something that has a negative effect on the value of the practice‚ such as accounts payable. The simple question that needs to be answered is “Does the company logo contributes to or takes away from
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living in a new environment at another corner of world. However‚ the fees and expenses to study and travel abroad are just way too high and unaffordable. Thus‚ I always kept this little dream within myself until the moment I found out about the USA Work and Travel Program from the Speedwing advertisement in my university. The fee to take part of this program is affordable and the participants could even earn travelling expenses by working for three months in the foreign land. Thus‚ I decided to persuade
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TAX TREATMENT OF PRIVATE JET EXPENSES Facts: Alex Jones owns a small software company‚ Find Donuts‚ Inc in Michigan. A patent on a smartphone application named Find Donuts which is designed to locate donuts shops‚ is the only asset of Find Donuts‚ Inc. With the intention of promoting the sales of the Find Donuts smartphone app and increasing company revenue‚ Alex Jones attended a computer conference in June 2010‚ in San Francisco. Alex also owns a Christmas tree farm in Oregon. Primary purpose
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Task 1 Conduct desk research Consider the air travel industry’s environment‚ conduct research on the main forces in the macro environment facing air travel industry companies. Based on your research prepare a report. Your report should cover the following information a)Background of the research Industry Specific Metrics Aircraft Utilization: The most basic metric for an airline is aircraft utilization. This is a measure of the average number of hours that each aircraft is flying in each 24
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SPACE TRAVEL 1. Only three nations have successfully put people into space: the US‚ Russia and China. All have been government programmes‚ developed at great expense. Now‚ a new era is beginning in which private enterprise will take people 100km or more above the Earth. _________________ 2. In 2001‚ an American‚ Christ Tito‚ became the first space tourist. He travelled to the International Space Station by Rocket and stayed there for ten days. A year later South African Millionaire
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35 EXECUTIVE SUMMARY Description of the Company Northwind Traders‚ Inc. provides travel-planning services for European adventure vacations to residents of the Greater Seattle area. The service industry‚ including travel agencies‚ is one of the fastest growing business sectors of the economy‚ and Northwind Traders intends to capitalize on the success of this industry by taking advantage of travel planning opportunities in the Pacific Northwest. President Heather Mitchell and Vice President
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