DEPARTMENT OF ACCOUNTANCY UNIVERSITY OF ILLINOIS MEMORANDUM TO: Raluca Chiorean FROM: Section AE2 DATE: June 30‚ 2012 SUBJECT: Samuel’s Electronics Analysis INTRODUCTION In this memorandum‚ I’ll discuss strengths and weaknesses of using FIFO versus LIFO as the cost flow assumption in the accountant’s process of inventory valuation for financial statement reporting to a company’s external stakeholders. FIFO AND LIFO ANALYSIS As shown in the exhibit‚ because the price of LG TV was decreasing
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Mrs. Touchett arrives in America. She decides that Isabel needs more opportunities to fulfill her potential than she will find in America and so she invites her to return to England with her. Throughout Isabel’s character many of the strength and weaknesses of the American character was revealed. Isabel embodies James’ idea of the American spirit and attitude. Isabel brought with her from America that she was not ready to give up or exchange her liberty and independence. She was energetic
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their associated powers. The Treaty consisted of Territorial Settlements‚ a war guilt clause‚ reparations and restrictions on military power. I agree that the Treaty of Versailles had some good points but there were more wrong than right. The main weaknesses of the Treaty were; it was a dictated piece that Germany was forced to sign the treaty Germany thought this was unfair as anyone would. The choice was either to sign the treaty or go back to war‚ which Germany could not afford to do. Germany was
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Twelve Angry Men exposes the weaknesses of the jury system as well as its strengths – The Jurors within Twelve Angry Men portray individual aspects of a 1950s American culture‚ all with their own take on the American Jury system. The closed minded‚ sheep like attitudes of the Jurors illustrates the McCathic mentality of the public which directly reflects the weaknesses within the American Jury system. Though flawed in many aspects one juror displays the key strength in the American justice system
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Strengths‚ Weaknesses‚ Opportunities and Threats about my business (E-Commerce) Strengths Ability to compete with other companies global and locally -Implementing an e-commerce business solution allows companies to expand their customer base to a global level without considerable time or expense. Specialization and niche selling -The larger customer base created by online sales allows e-tailers to specialize in certain niche products that could not support a more traditional business model
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Question 2. Discuss the strengths and weaknesses of any 5 of the following approaches to the study of politics. An approach is to deal with a situation or problem in a particular way. It is also the means by which something is reached. It is the angel form which one views political problems. It is a criteria for searching for the questions to ask. A criteria used to analyze political data. It can be implicit or explicit in what it explains. Some reasons why approaches are used in the
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Discuss the Strengths and Weaknesses of the Three Main Theories covered in this Module. This essay will attempt to highlight and evaluate the strengths and weaknesses of the three main theories of counselling within the module covered this term. The three approaches in discussion are psychodynamics‚ cognitive behavioural and humanistic. The psychodynamic theory originated from Sigmund Freud‚ a medical doctor and philosopher (1856 - 1939) founded in the 1900s. Freud developed his ideas whilst working
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Set out the main elements of Adam Smiths economic theory‚ and explain its strengths and weaknesses. Adam Smith‚ who is well known as the father of capitalism‚ was born in Scotland in 1723. After turning fifteen‚ he went to Glasgow University‚ where he majored in moral philosophy. A short two years later he carried his education on to Balliol College‚ in Edinburgh. He later became a professor at Glasgow University. In 1776 he published his most important work‚ The Wealth of Nations which was his
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1.0 Recommendations: 1. Continue the Emphasis on Delivering High and Personal Customer Service 2. Leverage the website for marketing purposes‚ focus on increasing revenues and not necessarily reducing costs. 3. Establish and manage a customer awareness database to be leveraged by all Four Seasons properties. 4. Solicit select feedback from customers regarding use of technology‚ e.g. concerning automated checkout (i.e. should it be an option). 5. Implement a ’Seasons Pass’ - rewards program to
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In this essay I will look at the strengths and weaknesses of using the Boston Matrix to help make decisions in business. I will first briefly explain the Boston Matrix and then analyse its effectiveness as an aid to making a marketing strategy. Like Ansoff’s matrix‚ the Boston Matrix is a well known tool for marketing managers. It was developed by the large US consulting group and is a way that a business can compare all of its products. The two aspects it looks at are market share (relative to
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