The historical cost accounting is an accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition. It is usually used in combination with other measurement bases. For example‚ inventories are usually carried at the lower of cost and net realizable value‚ on the other hand marketable securities are usually carried at market value‚ and entities prefer to carry pension liabilities at their present value. The main advantage of using
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Cost Classifications for Decision-Making. Every decision involves choosing from among at least two alternatives. Only those costs and benefits that differ between alternatives are relevant in making the selection. This concept is explored in greater detail in the chapter on relevant costs. However‚ decision-making contexts crop up from time to time in the text before that chapter‚ so it is a good idea to familiarize students with relevant cost concepts. 1. Differential Costs. A differential cost
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it. But just to say I have someone help me take care of it so it is alright. This here is a great way to help conflict from happening. Collaborating can help with conflict because when you collaborate you can help fix a problem‚ Collaborating is how I am fixing my problem. I am collaborating with a bunch of nice and friendly men and women to help deal with what happened to me. I am glad collaborating helps because it is very hard to deal with a situation such as mine and just to add this in I am
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Importance of balance of trade Balance of trade data is a very important piece of understanding the global puzzle of international trade‚ and thus‚ forex. Much like an income statement‚ balance of trade data clearly defines whether a trade deficit or trade surplus is in play. Why Balance of Trade Matters Balance of trade data shows the imports and exports of goods and how a country competes in a global marketplace. Balance of trade numbers can run a trade deficit‚ showing that a country
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The fixed mindset and perfectionism go hand in hand. Perfectionism is the act of always having to be perfect‚ never allowing one to make mistakes. “The fixed mindset makes you concerned with how you’ll be judged…” (Dweck‚ 13). People with the fixed mindset think that the world is constantly judging them‚ and if they make one mistake‚ than that’s it‚ they are no longer perfect. “The perfect student can never step outside the safe box of the right answer‚ can never take a flyer on the honorable failure
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Explain giving examples how the reliance on journalists working in commercial media constraints the ability of media advocates Explain how an elitist theory of democracy and focus on mainstream journalism constraints the ability of media advocates How would media advocacy look like if informed by a participatory theory of democracy? Explain giving examples Why is democracy a dangerous form of government? Explain. Democracy includes a genuine competition for power. Explain Democracy permits mass participation
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power vehicle: http://www.scribd.com/doc/49625260/39/Fuel-Cell-Energy-Balances Fuel Cell * What is fuel cell * Why we need fuel cell * History of fuell cells * Mathematical methods * Classification of fuel cells * Parts of a fuel cell * Fuel Cell Setup * Modeling of fuel cell * Fuel cell system design * Advantages and disadvantages of fuel cell * Future scope of fuel cell Energy Balance in Fuel Cells Means of Transportation Classification of Transportation
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Zeiber’s 2014 income statement and balance sheets. Use the following assumptions: (1) Sales grow by 6%. (2) The ratios of expenses to sales‚ depreciation to fixed assets‚ cash to sales‚ accounts receivable to sales‚ and inventories to sales will be the same in 2014 as in 2013. (3) Zeiber will not issue any new stock or new long-term bonds. (4) The interest rate is 11% for long-term debt and the interest expense on long-term debt is based on the average balance during the year . (5) No interest is
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1)Discuss the theory of "checks and balances" as outlined by the framers of the Constitution in your assigned text. Analyze the concept of power in politics and why the Federalists were correct in diffusing the power of government in order to keep one branch or entity from becoming too powerful. How does this concept help us as a viable democracy? When the Framers of the constitution were in the process of creating a government‚ they had in mind a government that was ruled by the people. Where everyone
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Summary Purposes of the Balance Sheet 1. A balance sheet‚ or statement of financial position‚ summarizes the financial position of a company at a particular date by reporting the economic resources (assets)‚ the economic obligations (liabilities)‚ and equity. It reports a company’s resource structure (major classes and amounts of assets) and its financial structure (major classes and amounts of liabilities and equity). It is a detailed explanation of the basic accounting equation: Assets =
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