including carpet‚ had undergone a major expansion in the past several years. In particular‚ the flooring department had expanded from 2 installation crews to an installation supervisor‚ a measurer‚ and 15 installation crews. During a recent year‚ the company got 50 complaints concerning carpet installation. The following data contained in the file furniture.xls represent the number of days between
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Date: 2/19/14 To: CEO of LOL From: Auditor Re: The realization and valuation of DTAs Mr. CEO: The following paragraphs explain why a valuation of temporary taxable differences is necessary and how‚ with the guidance of the Accounting Standards Codification (ASC)‚ we came to this conclusion. According to ASC 740-10-30-23‚ "The more negative evidence that exists‚ the more positive evidence is necessary and the more difficult it is to support a conclusion that a valuation allowance is not
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creating and capturing customer value) What is marketing Marketing is managing profitable customer relationships. Marketing defined Marketing must be understood in the sense of satisfying customer needs. Marketing = the process by which companies create value for customers and build strong customer relationships in order to capture value from customers in return. Simple model of the marketing process: Create value for customers and build customer relationships Understand the marketplace
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Laurent Bailey ACC 501 Module 1 Case May 9‚ 2015 Mr. Dixit To: Serious Reader Company From: Laurent Bailey‚ Sr. Accountant Date: May 4‚ 2015 Subject: Quarterly Review Serious Reader Company‚ I’ve attached our completed income statement to this email‚ but I also wanted to quickly discuss the outcome your results. Overall Result Over the past year you have sold 4300 books‚ which look great on the surface. However you have experienced a severe profit loss. From the
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Clothing Company. During look through the financial statement‚ I find some of transactions and events have a few mistakes in your company‚ which conflict with accepted accounting theory and GAAP. There are some mistakes I will present: The company switched from FIFO to LIFO in accounting for inventory. The preceding year it had switched from the weighted-average method to FIFO. I think it is conflict with accounting theory. First‚ accounting method should not be changed year to year. The company should
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IFRS Illustrative financial statements October 2012 kpmg.com/ifrs 1 Contents What’s new 2 About this publication 3 Independent auditors’ report on consolidated financial statements 5 Consolidated financial statements 7 Consolidated statement of financial position 9 Consolidated statement of comprehensive income – single-statement approach 13 Consolidated statement of changes in equity 17 Consolidated statement of cash flows 21 Notes to
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Dear Team Members‚ I anticipate that you all are fine and taking pleasure from your work at Byblos restaurant which is in Ultimate Resort and Spa.Since beginning‚ we are enjoying great client feedback‚ excellent customer service and have loads of satisfied customers. This is because of your hard work and enthusiasm to perform your individual tasks. I‚ as a Owner of restaurant‚ observed that cleanliness in our restaurant during closing timeis not top of things. As per our hotels food
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Chemistry II lab Why do liquids evaporate at different rates? Section1: Have you ever left a container with some type of liquid in it and wondered how it could it evaporate so quickly? The evaporation of an unpredictable liquid is an endothermic process that results in a temperature decrease. The amount of temperature decrease is related to the strength of intermolecular forces of attraction. The rate of evaporation can be described as the change of temperature divided by the time it takes to
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To: Pharma Co. From: Chao Sun Re: Restructuring Costs Date: Sep 28‚ 2014 Background Pharma Co. is a U.S. subsidiary of a U.K. entity that prepares its financial statements in accordance with (1) U.S. GAAP for reporting to its U.S.-based lender and (2) IFRSs in reporting to its parent. Pharma Co. is considering the relocation of a manufacturing operation from its present location to a new facility in a different geographic area as part of the restructuring a business line. The relocation plan
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MEMORANDUM TO: FROM: DATE: October 16‚ 2012 SUBJECT: Assignment In response of your assignment due to childhood obesity‚ this is the information we found about the rising problem in society. First‚ we looked at articles on childhood obesity and the negative effects of marketing of unhealthy food towards children. Here we found that marketers use more intense and pervasive methods as compared to before. It was later explained that young children are exposed to fast food advertisements
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