are the debts and obligations of the business. Liabilities represent claims of creditors on the assets of the business. Stockholders’ equity represents the claims of owners on the assets of the business. Stockholders’ equity is subdivided into two parts: common stock and retained earnings. The basic accounting equation is: Assets = Liabilities + Stockholders’ Equity (Wiley‚ Kimmel‚ Weygandt‚ & Kieso‚ 2011). A balance sheet is used to report the company’s assets‚ asset claims‚ and liabilities
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ACC was among the first Indian companies to adopt automation of information technology. We started computerizing our systems as early as 1968 - a commitment to progress through the harnessing of relevant available technologies‚ a practice that continues even today. We have traveled a long way from our early days when we were using simple keypunching machines. Significant improvements have been made in application systems and infrastructure since then - from Batch processing to on-line systems‚
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SEMESTER 1: 2014/2015 LXEB 3110 EQUITY I ASSIGNMENT NAME: GOH POI SZE MATRIC NUMBER: LEB120033 TUTOR: DR USHARANI A/P BALASINGAM DATE OF SUBMISSION: 3 NOVEMBER 2014 1. Introduction Maxims of equity are short statements that contain the essence of equity law. These maxims were developed over the years and today are used as a set of general principles which are said to govern the way in which equity operates. They illustrates the standards of morality in judicial decision making1 and
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ACC 302 Project 02/28/2013 Ch. 12 a) P&G reported intangibles such as goodwill‚ brands‚ patents and technology‚ and customer relations on its 2009 financial statements and notes. b) Research and development costs were expensed in 2009 for $2‚044 and in 2008 for $2‚212. R&D costs were 2.6% (2‚044/79‚029) of sales revenue in 2009 and 2.7% (2‚212/81‚748) in 2008. In 2009 the R&D costs were 15% (2‚044/13‚436) of net income and 18 %( 2‚212/12‚075) in 2008. (in millions) Ch. 13 a) P&G’s short term
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Educational Equity Having educational equity means understanding the changes that education has gone through‚ it means understanding what/ who impacts or changes education policies‚ being mindful of varying perspectives‚ and being fair to all students. We have to examine the achievement of students to understand true equity. Has achievement levels changed within the differing groups? According to Schrag (2004) the gaps in achievement‚ should start to close as the pressure on U. S. schools to achieve
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Final Paper Randy Scott ACC 205 Eric Weitner September 29‚ 2014 Walmart Company Overview Walmart helps people around the world save money and live better -- anytime and anywhere -- in retail stores‚ online and through their mobile devices. Each week‚ more than 245 million customers and members visit our nearly 11‚000 stores under 71 banners in 27 countries and e-commerce websites in 10 countries. With fiscal year 2014 sales of approximately $473 billion‚ Walmart employs 2.2 million associates worldwide
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UNDERSTANDING BRAND EQUITY ANSWERS TO TEN COMMON BRANDING QUESTIONS Kevin Lane Keller Tuck School of Business Dartmouth College UNDERSTANDING BRAND EQUITY ANSWERS TO TEN COMMON BRANDING QUESTIONS One of the most popular and potentially important marketing topics to arise in the 1980 ’s was the concept of brand equity. The emergence of brand equity‚ however‚ has meant both "good news" and "bad news." The good news is that it has raised the importance of the brand in marketing strategy --
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The case analysis of Equity Funding Introduction The collapse of Equity Funding had a far-reaching influence on business practices and institutions. Although it happened over 30 years ago‚ the lessons from Equity Funding are still meaningful and constructive nowadays. Auditors of Equity Funding failed to collect sufficient evidence‚ check internal control and substantiate computer system. The audit premise----- understanding internal control system AUS 402.41 requires the auditor to obtain
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The varieties of dog-owners are as diverse as the different classifications of dog breeds themselves. From obsessed dog owners to the cruel‚ each group works under different views. Although you have thousands of people who will treat their pet as a true member of the family‚ there are thousands more who treat their pets like dirt. Lets show the variety of different types of dog owners. The obsessed group of dog owner’s doesn’t seem to know how odd it is that they treat the dog better than other
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Customer equity is a result of customer relationship management. Customer equity is the total of discounted lifetime values of all of the firms customers. In layman terms‚ the more loyal a customer‚ the more is the customer equity. Firms like McDonalds‚ Apple and Facebook have very high customer equity and that is why they have an amazing and sustainable competitive advantage. Customer Equity is made up of three components. Value Equity‚ Brand Equity and Relationship Equity. Value Equity
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