Principles of Accounts School-Based Assessment On Blanna’s Fashion Boutique Submitted by : Anna Kay Blake Registration number: 1000290074 Submitted To: The Donald Quarrie High School School code: 100029 Territory: Jamaica This project is submitted in partial fulfillment of the requirements for certification in Principles of Accounts by the Caribbean Examinations Council
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(rounded) 13‚333 pairs × $30.00 per pair = $400‚000 in sale 1. Net operating income or loss for 12‚000 pairs of shoes: Sales $360‚000 Variable Expenses ($216‚000) Contribution Margin $144‚000 Fixed Expenses ($150‚000) Net Operating Loss ($6000) 2. Break even point in dollar sales for 12‚000 pairs: Fixed expenses / CM ratio = $150‚000 / 0.40 = $375‚000 3. Break even point in unit sales for 12‚000 pairs: Fixed expenses / unit CM = $150‚000 / $12 = 12‚500 * Refer to the original data. As
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Oxford Brookes University Research and Analysis Project The business and financial performance of Air China Limited over 2007 to 2009 November 2011 Introduction Until the 1980s civil airline services in China were controlled by the military. However‚ the responsibility was turned over to the Civil Aviation Administration of China (CAAC)‚ the market for passenger services and airline in China has boomed. This boom has been driven by growing
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Merck Consolidated Balance Sheet | | | | | | € million | ------------------------------------------------- Note | ------------------------------------------------- Dec. 31‚ 2012 | ------------------------------------------------- Dec. 31‚ 2011 | ------------------------------------------------- Jan. 1‚ 2011 | 1 | Previous year’s figures have been adjusted‚ see Note [5] | | Current assets | ------------------------------------------------- | -------------------------------------------------
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Example Company Balance Sheet December 31‚ 2011 ASSETS LIABILITIES Current Assets Current Liabilities Cash $ 2‚100 Notes Payable $ 5‚000 Petty Cash 100 Accounts Payable 35‚900 Temporary Investments 10‚000 Wages Payable 8‚500 Accounts Receivable - net 40‚500 Interest Payable 2‚900 Inventory 31‚000 Taxes Payable 6‚100 Supplies 3‚800 Warranty Liability 1‚100 Prepaid Insurance 1‚500 Unearned Revenues 1‚500 Total Current
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Unit 31 1.2 Compare the models used to link individual roles and development with team performance. Belbin (1965) found that individual roles when allowing each individual in the team to perform the tasks that highlighted their strengths allowed a well-balanced team to develop with each individual able to bring their best to the team. This approach will result in less need for management intervention and there is less risk. However‚ the research with this method was carried out in a very rigid‚
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(Also known as "T" Account and Account) Having passed the double or journal entries‚ the next step is to post these double or journal entries into Ledger accounts. Ledger account or an account is simply the classification of double entries which we have made in General Journal or any other journal. In an account we bring together all similar entries in one place. For example a company has purchased goods on 4th and 7th January‚ we would put both entries in purchases account because of their similar
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This archive file of BUS 308 Week 2 Quiz shows the solutions to the following problems: 1. Question : In a statistical study‚ the random variable X = 1‚ if the house is colonial‚ and X = 0 if the house is not colonial‚ then it can be stated that the random variable is continuous. True False 2. Question : The set of all possible experimental outcomes is called a(n) sample space. event. experiment. probability. 3. Question : If two events are independent‚ then the probability of their
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CHAPTER 3 BALANCE OF PAYMENTS SUGGESTED ANSWERS AND SOLUTIONS TO END-OF-CHAPTER QUESTIONS AND PROBLEMS QUESTIONS 1. Define the balance of payments. Answer: The balance of payments (BOP) can be de fined as the statistical record of a country’s international transactions over a certain period of time presented in the form of double-entry bookkeeping. 2. Why would it be useful to examine a country’s balance of payments data? It Answer: would be useful to examine a country’s BOP
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Week 3 - Strategic Plan Part II: SWOTT Analysis First Name Last Name University of Phoenix BUS/475 Instructor As a business‚ my deli store has great potential to succeed but also has great potential to fail. This will all depend on what decisions I make as the owner and how external factors play out towards my side. In regards to external social forces/trends‚ there are several forces that create an overall impact on my business. For one‚ the grip of obesity on America has forced several individuals
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