balance sheet‚ like a photo‚ provides a financial picture of a company on a given day and time. It categorizes all of a company’s resources as assets‚ all of its debts as liabilities‚ and all of the owner’s investments as equity. A company uses its assets‚ such as accounts receivable‚ inventory‚ and equipment‚ for manufacturing or purchasing products for sale or to provide a service. A company’s assets are financed by its liabilities (debt) and the owner’s equity (net worth). On a balance sheet‚ the
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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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A balance sheet is a financial statement that reports the assets‚ which are resources owned by a business‚ liabilities‚ and stockholders’ equity at a specific date. Examples of assets would be computers‚ delivery trucks‚ furniture‚ and buildings. A balance sheet has two categories: Assets‚ liabilities‚ and stockholders’ equity. Liabilities are the debts and obligations of a business. Liabilities represent c claims of creditors on the assets of business. Examples of liabilities would be notes
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Lab 2-1 1. NT2670-PE99A 2. Change system properties‚ configure network connections‚ computer management 3. None 4. Group Policy Management; Remote Server Admin Tools: Role Admin Tools: AD DS Controller Tools‚ Server for NIS Tools 5. Successful 6. Added an additional Role Services subsection 7. Added the Volumes to Index Role 8. Cannot have both the WSS and WS 2003 File Services installed on the same server. Checked as a stand-alone service‚ it automatically adds the File Replication Service and
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LAB 1 UPGRADING TO WINDOWS 7 This lab contains the following exercises and activities: Exercise 1.1 Running Upgrade Advisor Exercise 1.2 Upgrading Windows Vista to Windows 7 SCENARIO You are an IT manager making your first evaluations of the Windows 7 operating system. Your network consists of a large number of Windows Vista Enterprise workstations‚ and you want to determine whether it is feasible to upgrade them to Windows 7. Estimated lab time: 50 minutes Exercise 1.1
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Production and Operation Management Part One: Multiple choices: 1. A plan of action designed to achieve a particular goal is: a. Tactic b. Strategy c. Financial benefits d. None of the above 2. It is important to develop mission statement for: a. Allocating organizational resources b. Provide useful criteria c. Company creed d. Customer orientation 3. The five forces model was developed by : a. Airbus b. Karin Larsson c. Michael E.Porter d. Boeing 4. How many elements are involve in developing in
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Cell Respiration Respiration is the process by which organisms burn food to produce energy. The starting material of cellular respiration is the sugar glucose‚ which has energy stored in its chemical bonds. You can think of glucose as a kind of cellular piece of coal: chock-full of energy‚ but useless when you want to power a stereo. Just as burning coal produces heat and energy in the form of electricity‚ the chemical processes of respiration convert the energy in glucose into usable form. Adenosine
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Midterm 1 Review Questions 1. What is the inverse demand of QD = 20 – 4P? 2. If the demand function is QD = 20 – 4P and the government imposes a tax of $2 on consumers. What is the new demand curve? 3. What does the supply curve look like when there is a max quantity that can be supplied? 4. In the market for pizza what will happen if a. Worker’s wages increase. b. Income increases c. The price of cheese decreases. 5. The inverse demand for movies is P = 8 – (1/2)Q. Graph the demand curve.
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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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July 1‚ 2013 Week 1 Review Questions 1. Management science involves the philosophy of approaching a problem in a subjective (Logical) manner. Answer: False Diff: 1 Page Ref: 2 Main Heading: The Management Science Approach to Problem Solving Key words: scientific approach 2. Management science techniques can be applied only to business and military organizations. (Different types‚ including health care…) Answer: False Diff: 1 Page Ref: 2 Main Heading:
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