Solutions to Problems and Exercises TABLE OF CONTENTS * Chapter 1 1 Concepts for Analysis 1-5 1 Concepts for Analysis 1-6 2 Concepts for Analysis 1-10 3 Concepts for Analysis 1-11 3 * Chapter 2 4 Brief Exercise 2-3 4 Brief Exercise 2-4 4 Brief Exercise 2-5 4 Exercise 2-3 5 * Chapter 3 6 Exercise 3-6 6 Exercise 3-9 6 Exercise 3-11 8 Exercise 3-14 10 Exercise 3-15 10 Exercise 3-16 10 * chapter 4 12 Exercise 4-2 12 Exercise 4-4 13 Exercise 4-5 16 Exercise 4-12 17
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Forrest Gump is an epic romantic comedy-drama film‚ which was released in 1994 as a Paramount Pictures Production. It is based on a novel under the same title written by Winston Groom. The film was directed by Robert Zemeckis and starred Tom Hanks‚ Robin Wright‚ Gary Sinise and Sally Field. This movie is not only the winner of 6 Oscars including Best Actor‚ Best Director and Best Picture‚ but it was also the biggest money-making film at the box office that year. The movie is about a simple man
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and scenarios‚ from the daily life of an ant‚ to the farthest reaches of the universe. In Robert Zemeckis’s Forrest Gump‚ we are given a look into America during a time of radical change. Through the eyes of a simpleton‚ Forrest Gump‚ Zemeckis guides us through the social and political goings on of the 1960’s. Within his depiction of the 1960’s‚ we are able to form opinions of the time. Forrest is a symbol of the struggle to hold onto 50’s America‚ during an era marked with race riots‚ distrust of the
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Forest Gump In the movie Forest Gump many themes of American history is discussed and played out through the film. It’s about a child that growing up was not the smartest kid but somehow still achieved and experienced a lot of things in American history. He does and meets a lot of historical people like meeting Elvis Presley and learning the famous shaking of the hips. The appearance of John Lennon on the Mike Douglas show. Serving in the Vietnam War which was a significant war in American history
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Forrest Gump is a film that portrays the life of a man who has borderline intellectual functioning‚ from when he was young‚ all through his adulthood. Forrest was the victim of ongoing bullying and abuse from the mean-spirited children in his area. The movie shows the challenges he faced and how he overcame them‚ some with luck‚ but others with his ability; despite the fact that he has an IQ of 75. The story plays off in a series of decades in the life of Forrest Gump‚ a slow-witted yet athletically
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Question 1: Define accounting. Answer : Accounting is a process of identifying the events of financial nature‚ recording them in Journal‚ classifying in their respective ledgers‚ summarising them in Profit and Loss Account and Balance Sheet and communicating the results to the users of such information‚ viz. owner/s‚ government‚ creditors‚ investors etc. According to the American Institute of Certified Accountants‚ 1941‚ “Accounting is an art of recording‚ classifying and summarising in a significant
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Bubba Gump Shrimp Company- Q1. What are Bubba Gumps’ ‘Key success factors’ when going international? The overall concept for the restaurant chain is definitely one which is suitable for international roll out. The factors which are necessary for going global are definitely evident for the company and its concept. Firstly‚ the brand awareness is well established‚ well enough to support the international introduction of the products into new markets. It is already obvious that the success of the
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Chapter 5: Cost Behavior: Analysis and Use As we shall see in later chapters‚ the ability to predict how costs respond to changes in activity is critical for making decisions‚ controlling operations‚ and evaluating performance. Three major classifications of costs were discussed in this chapter—variable‚ fixed‚ and mixed. Mixed costs consist of variable and fixed elements and can be expressed in equation form as Y = a + bX‚ where X is the activity‚ Y is the cost‚ a is the fixed cost element‚ and
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Exercise 11-1 (10 minutes) 1. 2. 3. Exercise 11-2 (10 minutes) Average operating assets £2‚200‚000 Net operating income £400‚000 Minimum required return: 16% × £2‚200‚000 352‚000 Residual income £ 48‚000 Exercise 11-3 (20 minutes) 1. Throughput time = Process time + Inspection time + Move time + Queue time = 2.8 days + 0.5 days + 0.7 days + 4.0 days = 8.0 days 2. Only process time is value-added time; therefore the manufacturing cycle efficiency
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the total cost of borrowing over the life of the bond. (4) Would the total bond interest expense be greater than‚ the same as‚ or less than the total interest expense that would be reported if the straight-line method of amortization were used? SOLUTION (a) (1) 2010 July 1 Cash 3‚501‚514 Discount on Bonds Payable 498‚486 Bonds Payable 4‚000‚000 (2) Dec. 31 Bond Interest Expense ($3‚501‚514 X 5%) 175‚076 Discount on Bonds Payable 15‚076
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