Problems Posed by Alcohol-Impaired Driving: The biggest problem with drunk driving by young adults is the high rate of traffic accidents. Although young drivers ages 16 through 25 makeup only 15% of U.S. licensed drivers‚ they constitute 30 percent of all alcohol-related driving fatalities. This is double the amount of licensed drivers in that age group. Inexperience with both drinking and driving may contribute to this disproportionate rate. Nationwide in 1996‚ people ages 15 to 24 died in
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TOC Question/Prompt Please describe the implications of GAAP in an international company and how JIT and TOC are important to making managerial decisions on inventory and activity based accounting. Please delineate various cost categories and briefly describe each cost type and application within an enterprise. Review of Subject Generally Accepted Accounting Principles (GAAP) is a widely accepted set of rules‚ conventions‚ standards‚ and procedures for recording‚ summarizing and reporting
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Table of Contents Globalization 2 Causes and effects of Globalization 3 Globalization drivers 6 Conclusion 9 References 9 GLOBALIZATION DRIVERS Globalization According to Czinkota‚ M. Ronkainen‚ I. Moffett‚ M. Marinova‚ S. Marinov‚ M. (2005)‚ Globalization reflects a business orientation based on the belief that the world is becoming more homogeneous and that distinctions between national markets are not only fading but‚ for some products‚ will eventually disappear. The tendency
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Bad Drivers! Story: So you’re out driving‚ enjoying the music playing in the background the wind blowing through your hair and you notice a car speed up in front of you and it kind of takes you off guard? Then as you continue to drive you notice the car slow down and suddenly push the brakes? No blinking right signal or anything! Then as you continue on your way the driver decides he or she will make a very SLOW right turn into a little street. So what bothers me? Bad drivers and their bad driving
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5 billion; the corporate marginal tax rate was 36%. a. Estimate the expected return on the stock for a short term investor in the company. b. Estimate the expected return on the stock for a long‐term investor in the company. c. Estimate the cost of equity for the company. a. We use the CAPM: The Expected Return on the stock = 0.058 + 0.95(0.0792) = 0.1332 = 13.32% Since the investor is a short‐term investor‚ we use the T‐bill rate‚ and the arithmetic mean. Since the focus is short‐term
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The drivers of globalisation are those pressures or changes that have impelled both businesses and nations to adopt this approach. There are four different drivers: 1. Cost drivers These seek out an advantage to a business from the possible lowering of the cost of the service or production‚ and would include: gaining economies of scale from increasing the size of the business operation; the development and growth of technological innovation; lower labour and other resource costs in developing
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system to an activity-based costing (ABC) system after reading about the two-stage procedure to assign overhead cots to products. Chuck questioned if the current cost-management system was providing the management with accurate data about product costs. In a traditional‚ volume-based product-costing system‚ only a single predetermine overhead rate is used. All manufacturing-overhead costs are combined into one cost pool‚ a grouping of individual indirect cost items‚ and they are applied to products
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costing (ABC) is a costing model that identifies activities in an organization and assigns the cost of each activity resource to all products and services according to the actual consumption by each. It also assigns more indirect costs (overhead) into direct costs. In business organization‚ the ABC methodology assigns an organization’s resource costs through activities to the products and services provided to its customers. It is generally used as a tool for understanding product and customer cost and
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The ABC of European Union law Professor Klaus-Dieter Borchardt The ABC of European Union law by Professor Klaus-Dieter Borchardt Klaus-Dieter Borchardt is a European Union official since 1987. He was Deputy Head of Cabinet and then Head of Cabinet for the Commissioner for Agriculture from 2004 to 2010. He is also an Honorary Professor at the University of Würzburg‚ where he has taught European law since 2001. The ABC of European Union law by Professor Klaus-Dieter Borchardt The
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