MEMO Subject: Solution to Case 04-4‚ Three Little Pigs Inc. Accounting Issue: Three Little Pigs Inc. inventory consists of livestock held for sale‚ developed‚ and processed (both internal and external). On September 30‚ 2002‚ the company states that even though market prices fell below the cost‚ Three Little Pigs Inc. is unwilling to accept impairment on their inventory due to increase revenue believed to be made up in the fourth quarter which will cover all losses from the decline. Secondly
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know the story of the three little Pigs? Do you think that the story is just a kid’s fairy tale? Well‚ think again‚ because “The Story of the Three Little Pigs” actually has lessons and morals in it that adults can use in everyday life. In fact‚ some of the characters are relatable and make you feel emotion for them. Take the Third Little Pig for example. He had to outsmart the Big Bad Wolf to stay alive. Even though the other two pigs could not stand a chance the Third Little Pig did. He was able to
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Accounting 381 Project 2: Three Little Pigs Case Study (15 points) Due: Thursday‚ March 11 (at beginning of class). Also‚ please be prepared to discuss the case and your group’s solution in class on this date. Groups: Please work in groups of 3-5 students (submit 1 discussion per group). You may select your own groups. Please contact me if you are having difficulty finding a group. Required: First‚ prepare a discussion outlining the alternatives for determining whether inventory
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The Three Little Pigs‚ and The True Story of the Three Little Pigs are both children’s books sharing two very different perspectives of the same traditional story. Both books share the Dewey decimal classification of PZ‚ indicating they are both language and literature‚ as well as bibliography and library science (1). The Three Little Pigs‚ which is the original fictional story‚ is written in an easy to read format intended for juvenile audiences. With an illustrative format‚ The True Story of the
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The Three Little Pigs Inc 1) How should the Company determine whether an inventory impairment exists at September 30‚ 2002? More specifically‚ how should management evaluate impairment? The main goal of evaluating impairment of inventory is to provide users of financial statements an accurate assessment of how the company stands. PIGS has three categories of inventory – live hogs ready for sale‚ developing animals‚ and processed pork products. Within these categories‚ PIGS has inventory of
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eating a trio of triplet pigs is widely known‚ but what about the story where the pig ate the wolf? In the short story “The Story of the Three Little Pigs”‚ the Littlest pig out of the three is the most admirable. The story is about three pigs that finally get to live on their own without their mother. The first two pigs build a home‚ but the Wolf blows away their homes and eats them. However‚ the third pig’s home does not get blown away‚ so the Wolf tries to play tricks on the Pig so he can be his dinner
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The best thing you could ever do is take advice. In the story The Three Little Pigs‚ Andrew Lang illustrates that listening to suggestions could save your life. Using the counsel he gets about his rival’s [the fox] ways‚ the third little pig outfoxes his foe. The third little pig‚ Blacky‚ pays attention to his mother’s guidance and respects what she has to say‚ eventually using that recommendation to defeat the fox. His mother cautions him of how the fox will attempt to deceive them‚ to aim to get
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The Three Big Bad Pigs And The One Little Wolf There once was a wolf named Willey. He was very nice and smart. He lived all alone but‚ he went to see his Grandma all the time. One day he decided to make treats for his Grandma. He was making her favourite treat. Apple Crisp. When he reached for the fruit bowl‚ he saw that he didn’t have any apples. Willey went outside to his apple tree‚ but it didn’t have any apples on it. Then he heard snorting and grunting. He looked behind his bushes and found
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hour for short distances? Even though wolves can sprint quickly‚ the Big Bad Wolf was unable to catch the third pig. The three little pigs from the short story‚ “The Story of the Three Little Pigs‚” make houses to protect themselves from the Bad Wolf. Of course‚ the third Pig built his house out of a durable material - which was bricks - other than it’s siblings. Throughout the story‚ Pig is showing his true colors and traits as he’s trying to defeat the Wolf. He’s brilliant with his quick mind‚ and
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children’s stories The Three Bears and The Three Little Pigs are similar in many ways. To begin‚ both stories are classified as fiction because it is make-believe. In real life‚ no animal can actually speak. Also‚ no bears or pigs live in houses with furniture. Next‚ they’re both children’s books. The stories are favorites of elementary students. Lastly‚ both have a bad guy in them. The Big Bad Wolf is the enemy of the three little pigs. Goldilocks was the “bad guy” in The Three Bears. Both of these
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