Merchandise inventory is generally valued at the price for which the goods can be sold. reported under the classification of Property‚ Plant‚ and Equipment on the balance sheet. reported as a current asset on the balance sheet. often reported as a miscellaneous expense on the income statement. Items waiting to be used in production are considered to be finished goods. merchandise inventory. raw materials. work in progress. In a manufacturing business‚ inventory that is ready for sale is called store
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ACC 556 – Financial Accounting for Managers Chapter 1 Homework Due Week 1 and worth 10 points Directions: Answer the following four questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed‚ or both. Submit your homework assignment using the homework assignment link in the course shell. E1-1 Here is a list of words or phrases discussed in this chapter: 1. 2. 3. Corporation Creditor Accounts receivable 4. 5. 6. Partnership Stockholder
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SHANGRI-LA You are partner in charge of the audit of Shangri‑La‚ Inc. The company is a real estate developer‚ specializing in luxury vacation areas. The company’s operations have been profitable‚ although not spectacular. Most of the development property is pledged as collateral for bank loans; there is a reasonable stockholders’ equity of about $10‚000‚000. Shangri‑La has a substantial
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Current Trends and Future Prospects in Robotics 241 Current Trends and Future Prospects in Robotics Khalid Nafees1 and Mubina2 1Jamia Millia Islamia‚ New Delhi-110025‚ E-mail: khalidnafees@gmail.com‚ 2Ideal Institute of Technology‚ Ghaziabad‚ E-mail: mubina.shaikh02@gmail.com ABSTRACT In this paper‚ a review has been made regarding various current trends of robots in technological and classical world and future prospects in robotics. Most robots today are used in industrial situations where
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professional conduct is clear that an accountant should follow all the six principles so that a healthy work environment could be created in the interest of the company‚ society and nation. The second discussion is focused on evaluation of ethicality of accounting activities. Manipulating the financial statements for personal interest or for loyalty towards company or its executives is unethical and the person responsible for such act will be punishable. Misstatement of financial statements is ethically wrong
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(January–April): 1–22. Bannister‚ J. W.‚ and Newman‚ Harry A. 1996. Accrual usage to manage earnings towards financial forecasts Barnea‚ A.; Ronen‚ J.; and Sadan‚ S. 1975. The implementation of accounting objectives: An application to extraordinary items Beidlerman‚ C. R. 1973. Income smoothing: The role of management. Accounting Review 48 (October): 653–67. Boot‚ A. W. A.‚ and Thakor‚ A. V. 1993. Security design. Journal of Finance 48 (September): 1349–78. Boot‚ A. W. A.‚ and Thakor‚ A. V. 1997. Financial system
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Introduction: "Digital Bangladesh" is currently the most commonly used words in politics‚ media‚ among the intellectuals and the civil societies. The world is becoming a Digital Planet. Almost every state is running to become a knowledge-based society by 2015. Bangladesh cannot remain out of it. We must build a Digital Bangladesh and establish a knowledge based society within 50 years of our independence in 2021. Let’s work for this achievement. Let us build Digital Bangladesh. Back-ground of the
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CHAPTER I I. INTRODUCTION Without us noticing it‚ our world has been change by technology in all possible ways Our daily works is now more convenient through the use of high-end devices that are newly developed and some have been updated even before it has been introduced to the public‚ and much more. These developments aim to better utilize the existing resources and maximize their uses to be able to bring out new or better products or outputs. Computerization is synonymous to the word automation
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PROBLEMS AND PROSPECTS OF THEATRE ENTREPRENEURSHIP IN THE NIGERIAN ECONOMY Afolabi Taiwo Okunola (Department of Theatre & Film Arts‚ University of Jos‚ Nigeria) Abstract The business of theatre management is business of management. It is a culmination of the directive principles‚ canons and protocols governing theatre and management together to form a formidable team which thus makes a theatre entrepreneur. Being a theatre entrepreneur in Nigeria entails many dilemmas‚ challenges and hurdles. Thus
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Introduction News is the abbreviation of the four directions-North‚ East‚ West and South‚ meaning that it covers all the events happening around us. News provides information which enhances knowledge. It is the right of a human being to know what is happening around him/her. Throughout time‚ the journalism industry has gone through several changes. At the beginning‚ there were only weekly magazines providing readers with information and knowledge about the society‚ and then came the daily newspapers
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