4-2 Why would the inventory turnover ratio be more important for someone analyzing a grocery store chain than an insurance company? The inventory turnover ratio is important to a grocery store because of the much larger inventory required and because some of that inventory is perishable. An insurance company would have no inventory to speak of since its line of business is selling insurance policies or other similar financial products--contracts written on paper and entered into between the company
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familiar with common lab equipment and techniques‚ to gain proficiency in determining volume‚ mass‚ length‚ and temperature of a variety of items using common laboratory measurement devices‚ to learn to combine units to determine density and concentration‚ and to use laboratory equipment to create serial dilutions and determine the density and concentration of each dilution. Procedure: Measure the volume‚ mass‚ length and temperature of a variety of items. Create dilution of sugar water. Data
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that a taxpayer must satisfy before a claim for deduction is given for tax purposes are to satisfy the general deduction test under [S 33(1) of the Income Tax Act 1967]. Under the general deduction test the business expenses have to fulfil all the following conditions in order to secure a deduction from the gross income of a business source: 1) it is revenue expenditure wholly and exclusively incurred in the production of income [S 33(1) Income Tax Act 1967] and it is not prohibited from deduction under
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A. If Patty wants to show the bank the maximum profit over the previous 2-year period‚ which costing method should she present? Patty should present the variable costing method because it keeps variable and fixed cost separate. The variable cost is part of the determination of cost of sales and contribution margin.(Blocher‚ 2013) If Patty wants to show maximum profit for the two years then she should chose the marginal costing because it ignores manufacturing overhead. Full costing will demand
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been to mandate nurse staffing ratios. In 1999 California became the first state to mandate minimum nurse-to-patient ratios in hospitals. California is not the only state to enact minimum nurse staffing ratios for hospitals‚ over the past four years at least eighteen other states have considered legislation regarding nurse staffing in hospitals. Policymakers are forced to consider alternatives to nurses ratios due to nurse shortages. Whether minimum staffing ratios will improve working conditions
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process called radiocarbon dating to determine the age of the carbon-based objects which is based on the rate of decay. When they determine how long the materials have been decaying they can then suppose the age. (AIU-Online‚ 2010) Anna Roosevelt and her team argues there was a prehistoric society in the low-lying area of the Amazon where people settled at rivers and estuaries in order to better take advantage of the natural food sources which they later used to make pottery more than 1‚000 years
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know a little more about why people travel to Yarragon Village and their experiences during the visit. This will help us to provide an even better experience on your next visit. We’d be grateful if you would spend a few minutes completing the following questions. 1. What is your usual place of residence? Town/ suburb _________ ; Postcode _________ Country (if outside Australia) _______________ 2. Why did you visit Yarragon today? Please circle answers below - multiple answers possible:
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Experiment 1 Laboratory Techniques and Measurements Purpose: To determine measurements of different items that vary from solids to liquids and be able convert those values to other SI units of measurement. Procedure: I used a variety of scientific tools such as; a ruler‚ beaker‚ graduated cylinder‚ volumetric flask‚ thermometer‚ burner‚ and digital scale to find unknown values of measurements for each of the indicated items and
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Financial Ratio Analysis -As changes in a company’s several accounts change‚ it is hard to just casually inspect statement of earnings and balance sheets. Many items fluctuate simultaneously‚ making the reasons for the fluctuations hard to determine. -Financial Ratio Analysis is a useful management tool developed to assist in indentifying‚ interpreting and evaluating changes in the financial performance and condition of a business over a period of time. Its purpose is to provide information about
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issues‚ would be the measurement and numbers on which these programs are based. Appropriate measurement is central to analyzing and understanding poverty and its alleviation. Joshi P.D. (1997) identifies the methods and indices used for measuring the magnitude and extent of poverty are not efficient enough to provide a real picture of the size and scale of the below poverty line. The poverty line is in itself an ambiguous scale. The variation in conceptualization and measurement approaches in defining
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