Chapter 1 Question | Answer | Excel is an electronic version of what? | a spreadsheet | Excel stores documents as files called _________ | workbooks | The contents of an active cell are displayed in the ______________ | formula bar. | Charts can be either__________ or __________ | as an embedded chart sheet‚ as a separate chart sheet | The default name given to an Excel workbook before it is renamed is ______________ | Book1 | By default‚ excel starts with _____ many worksheets? | 3
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Question 14-4 Internal Revenue Code Section 351 permits shareholders of a corporation to defer recognition of a gain or loss on the transfer of assets to the corporation. The transfer of property may be made when a new corporation is formed or may reflect additional capital contributions to an existing corporation. Without Section 351‚ a sole proprietorship or a partnership would have difficulty adopting the corporate form of organization for legal and/or tax purposes because the transfer of appreciated
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NATIONAL INCOME Definition: According to Alfred Marshall‚ National Income is the labour and Capital of a country‚ acting on its natural resources‚ produced annually a certain net aggregate of commodities and in materials including services of all kinds. This is the net annual income or revenue of the country or the true national dividend. According to A.C.Pigou “ The national income dividend is that part of the objective income of the community‚ including‚ the income derived from aboard
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Classificatory smoothing of Income with Extraordinary Items - Summary Within this paper they talk about whether extraordinary items are used to smooth ordinary or operating income over time. The role of extraordinary items was never really looked at become separately and that is what they wanted to look at. They talk about how previously the focus was on net income after extraordinary items but that it is important to look at net income before extraordinary items also
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Distribution of Income • The fifth macroeconomical goals to ensure that income distribution is equitable. Equitable means fair‚ but fairness is an elusive concept and it means different things to different people. • A more equitable distribution may help to accelerate growth and promote human and economic development in many ways: • The propensity to consume of the poor is higher than that of the rich so redistribution will increase aggregate demand especially for basic goods and services.
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Consolidated Statement of Income Operating Revenues Revenue from services Sales revenue Less: Credit Card Discount Less: Sales Discount Less: Sales Returns & Allowances Total revenues Operating Expenses Cost of goods sold Salaries expense Rent expense Advertising expense General and administrative expenses Depreciation expense Other operating expenses Total expenses Operating Income Other Items Investment income Interest expense Loss on PPE sold Income before Income Taxes Income tax
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University of the Philippines Diliman Extension Program in Pampanga Claro M. Recto Highway‚ CSEZ‚ Pampanga A.Y 2013-2014 LABORATORY WORK # 2 THE BINOMIAL DISTRIBUTION Submitted by: Briones‚ Kristelle R. Mangrobang‚ Jonathane Submitted to: Prof. Ernesto Adorio January 2014 Description: Our instructor instructed to put tabulate the Binomial Distribution for various n given the values of p which are (0.1‚ 0.2‚ 0.3‚ 0.4‚ 0.5‚ 0.6‚ 0.7‚ 0.8 and 0
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National income is a measure of the total value of goods and services produced in a country over a given period‚ usually a year. Simply‚ it is the total amount of income earned by the citizens of a nation. The term national income normally refers to the Gross National Product (GNP) of a country in a given year. GNP is a measure of the total market value of final goods and services produced by all the citizens of a nation in a year. There are three main approaches to measuring National Income these
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Balance scorecard measure describes clearly about achieving its objective successfully. Measurement is a powerful tool; it communicates company statements such as strategic objectives‚ vision and mission. We can also categorize the desirable character for the particular measure of balance scorecard. Financial measure of balance scorecard initiates the employee towards increasing the return on equity of the organization. The customer measure targets towards the percentage of customer turnover; increase
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Thesis statement: Ryan Holiday is an extremist who is trying to make a difference in media manipulation. Body paragraph 1: • Concrete detail: “…I felt that if I could just get everyone’s attention and expose the problems in the right way‚ it could make a difference” (xvi) • Commentary: Ryan Holiday is using his own way to expose media manipulation. Instead of being nice about it‚ to him the only way to make a difference is to go in extreme lengths. He wants people to truly open their eyes about
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