operating expenses (OPEX) for bowling business. The depreciation rate is 5% per year for buildings and bowling alleys. Requirements*: a) Using manual accounting system‚ record and prepare your financial statement as at 31 Dec 2013. b) Using MS Access or similar database application‚ develop a financial system that captures the transaction
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and night to create the first version of Microsoft Basic‚ a simple computer software. They realize that the future of personal computers is in the software. The Computer Mart opens on Madison Avenue in New York. Zilog Z-80 chip is introduced. They have 3 employees including themselves and the revenue is $16‚000. July 1‚ 1976‚ Microsoft refines and enhances BASIC to sell to other customers including DTC‚ General Electric‚ NCR‚ and Citibank. Microsoft develops its first ad campaign called‚ “The
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Microsoft’s Strategic Initiative Microsoft was cofounded on April 4‚ 1975‚ by childhood friends‚ Paul Allen and Bill Gates. Bill Gates served as the first CEO due to the 60/40 partnership he had with Paul Allen. The first Japanese office‚ ASCII Microsoft‚ opened in August 1977. Microsoft became incorporated in Washington thus becoming Microsoft Inc. in 1981. Microsoft’s many products include Microsoft’s Operating Systems‚ Microsoft Mouse‚ Windows‚ Microsoft Office‚ Internet Explorer‚ and the
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History of Microsoft Word Microsoft was created by a very smart man. That man wanted to help out people in the world‚ but he did not know he would become a billionaire in the process. His name is Bill Gates. Bill Gates‚ Microsoft founder‚ was born on Oct. 28th‚ 1955. He was 19 yrs. old when he first set up Microsoft. His dream was that every home would have a computer. The
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Table of Contents Introduction History of the Microsoft Company History of the Yahoo Company Merger Conclusion Reference Introduction Voluntary amalgamation of two firms on approximately equal terms into one new legal entity called merger. Mergers are effected by exchange of the pre-merger stock (shares) for the stock of the new firm. Owners of each pre-merger firm continue as owners‚ and the resources of
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ntroduction The ongoing case study presented by Microsoft and the scrutiny of the Justice Department and Congress serves as an excellent departure point to establish the nature and premises of organizational theory and design since it allows for examination from both the viewpoint of the public and the economic aspects of the situation in which Microsoft finds itself. While issues of organizational structure and corporate policies as related to costs‚ revenue‚ profit and market structure are inherent
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Background of Company Microsoft Corporation‚ incorporated in 1981‚ is engaged in developing‚ licensing and supporting a range of software products and services. The Company also designs and sells hardware‚ and delivers online advertising to the customers. The Company operates in eight segments: Windows & Windows Live Division (Windows Division)‚ Server and Tools Business‚ Online Services Division (OSD)‚ Microsoft Business Solutions‚ Microsoft Office Division‚ Microsoft Phone Division‚ Skype and
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Microsoft’s Financial Reporting Strategy The case at hand is primarily to discuss the financial reporting strategy adopted by Microsoft Inc. for the period 1996-1999 and the subsequent litigation that arose out of the accounting practice followed by Microsoft. Microsoft’s primary operations has been developing and manufacturing of the software products. As a company‚ it has shown a very stable growth in terms of revenues and profits‚ thus enabling better than industry share price increase over
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Microsoft Recruiting Strategy Recruiting Creative thinking over experience Microsoft has the policy of only recruiting the best and the brightest for their company. Over the years they have dvelopped a system of hiring people fresh from college. They mostly target top universities from the united states‚ Europe and some in japan. It is true that those who just graduated lacked work experience but COO steve ballmer explained that Microsoft preferred creative thinking and ambition over experience
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Yes. Gates had long recognized that it took exceptional people to write outstanding software Microsoft is all about software. Microsoft is a pioneer in this industry and hence attracted extremely intelligent‚ creative and ambitious college graduates since its start up days. Bill gates knack of recognizing genius in others set a precedent. Prime example is Steve Ballmer who helped Microsoft sustain leadership in competitive market. Bill Gates and Steve have deliberately fashioned an organization
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