...CHAPTER 6 INTERCOMPANY INVENTORY TRANSACTIONS ANSWERS TO QUESTIONS Q6-1 All inventory transfers between related companies must be eliminated to avoid an overstatement of revenue and cost of goods sold in the consolidated income statement. In addition, when unrealized profits exist at the end of the period, the eliminations are needed to avoid overstating inventory and consolidated net income. Q6-2 An inventory transfer at cost results in an overstatement of sales and cost of goods sold. While net income is not affected, gross profit ratios and other financial statement analysis may be substantially in error if appropriate eliminations are not made. Q6-3 An upstream sale occurs when the parent purchases items from one or more subsidiaries. A downstream sale occurs when the sale is made by the parent to one or more subsidiaries. Knowledge of the direction of sale is important when there are unrealized profits so that the person preparing the consolidation worksheet will know whether to reduce consolidated net income assigned to the controlling interest by the full amount of the unrealized profit (downstream) or reduce consolidated income assigned to the controlling and noncontrolling interests on a proportionate basis (upstream). Q6-4 As in all cases, the total amount of the unrealized profit must be eliminated in preparing the consolidated statements. When the profits are on the parent company's books, consolidated net income and income assigned to the...
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...Priceline, the Billion Dollar Travel Company Introduction Priceline is a company that is headquartered in Norwalk, CT and has an office in New York, NY also. There are over 400 employees helping Priceline continue to do business. Priceline was established in 1998 and inaugurated its first television commercial a year later in 1999. Priceline is an online entity that helps customers find favorable travel deals. Priceline collects commissions on user reservations. They use social media like Facebook, Twitter, YouTube, and Google+ to advertise specials that may not be listed on Priceline.com (2014). Although Priceline uses social media, they make it known that they do not need certain sites. Priceline.com provides vacation packages, rental cars, airline tickets, cruises, and hotel rooms all over the world. They have recently added restaurant reservations to their list of specialties. There are thousands of destinations and hundreds of countries to choose to travel or visit when booking with Priceline. Priceline uses three ways for customers to book travel: lowest retail rate, express deals, and name your own price. These options give travelers a little flexibility so they are able to get what they actually want. Priceline can broaden their business by giving customers more option on mobile applications and the name your price option. Current Use of the Web According to Anderson (2008), "Priceline.com is an Internet-based corporation offering services (airline...
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...The Non-Obvious Problem: How the Indeterminate Nonobviousness Standard Produces Excessive Patent Grants Gregory Mandel∗ The dominant current perception in patent law is that the core requirement of nonobviousness is applied too leniently, resulting in a proliferation of patents on trivial inventions that actually retard technological innovation in the long run. This Article reveals that the common wisdom is only half correct. The nonobviousness standard is not too low, but both too high and too low. It is indeterminate. Three principal factors produce nonobviousness indeterminacy: a failure to identify the quantum of innovation necessary to satisfy the standard, a failure to define the baseline level of ordinary skill against which to measure an innovation, and the epistemic infeasibility of requiring a technologically lay decision maker to judge from the perspective of a more highly trained and educated person of ordinary skill in the art. This Article introduces a mathematical model of innovation and patenting to analyze the effects of nonobviousness indeterminacy. Based on the model, indeterminacy in nonobviousness decisions has several unexpected consequences. First, indeterminacy results in an excessive total number of patent grants, and in many patent grants on obvious inventions. Second, indeterminacy leads to too many patent applications on obvious inventions and too few applications on non-obvious inventions. ∗ Professor of Law, Temple University — Beasley School of...
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...rain_c03_070-121hr.qxd 28-09-2009 11:25 Page 70 CHAPTER 3 1. Describe the major ethical issues related to information technology and identify situations in which they occur. 2. Identify the many threats to information security. 3. Understand the various defense mechanisms used to protect information systems. 4. Explain IT auditing and planning for disaster recovery. Ethics, Privacy, and Information Security LEARNING OBJECTIVES rain_c03_070-121hr.qxd 28-09-2009 11:25 Page 71 WEB RESOURCES Student Web site www.wiley.com/college/rainer • Web quizzes • Lecture slides in PowerPoint • Author podcasts • Interactive Case: Ruby’s Club assignments WileyPLUS • All of the above and... • E-book • Manager Videos • Vocabulary flash cards • Pre- and post-lecture quizzes • Microsoft Office 2007 lab manual and projects • How-to animations for Microsoft Office • Additional cases CHAPTER OUTLINE 3.1 Ethical Issues 3.2 Threats to Information Security 3.3 Protecting Information Resources What’s in IT for me? ACC FIN MKT OM HRM MIS rain_c03_070-121hr.qxd 28-09-2009 11:25 Page 72 72 Chapter 3 Ethics, Privacy, and Information Security Opening Case NASA Loses Secret Information for Years The Business Problem Over the past decade, U.S. government agencies have been the victims of an unprecedented number of cyber-attacks. One government official noted, “It is espionage on a massive scale.” Government agencies reported almost 13,000 security...
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...University of Sunderland School of Computing and Technology File Management System in Linux CUI Interface A Project Dissertation submitted in partial fulfillment of the Regulations governing the award of the degree of BA in Computer Studies, University of Sunderland 2006 I. Abstract This dissertation details a project to design and produce a prototype Linux character environment file manipulation assisting application. The application is offering a friendly menu driven interface to handle the jobs that non-programmers keep finding cumbersome to master when it comes to working in a Unix/Linux interface, resulting in serious mistakes and much loss of productive time. The Linux File Management System is a basic program for every user at a Unix/Linux terminal. Advantages here include the fact that the support team does not have to be burdened with solving simple file based queries by the employees. The areas of Designing GUI interfaces in Linux and Windows versus Linux Security were researched and a prototype has been designed, developed and tested. An evaluation of the overall success of the project has been conducted and recommendations for future work are also given. Words II. Table of Contents 1) Introduction.................................................................................................................................4 1.1 Overview.................................
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...History The potential for computer networking to facilitate newly improved forms of computer-mediated social interaction was suggested early on.[8] Efforts to support social networks via computer-mediated communication were made in many early online services, including Usenet[9], ARPANET, LISTSERV, and bulletin board services (BBS). Many prototypical features of social networking sites were also present in online services such as America Online, Prodigy, CompuServe, and The WELL[10]. Early social networking on the World Wide Web began in the form of generalized online communities such as Theglobe.com (1995),[11] Geocities (1994) and Tripod.com (1995). Many of these early communities focused on bringing people together to interact with each other through chat rooms, and encouraged users to share personal information and ideas via personal webpages by providing easy-to-use publishing tools and free or inexpensive webspace. Some communities - such as Classmates.com - took a different approach by simply having people link to each other via email addresses. In the late 1990s, user profiles became a central feature of social networking sites, allowing users to compile lists of "friends" and search for other users with similar interests. New social networking methods were developed by the end of the 1990s, and many sites began to develop more advanced features for users to find and manage friends.[12] This newer generation of social networking sites began to flourish with the emergence...
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...Gleave University of Washington egleave@u.washington.edu Howard T. Welser Ohio University welser@ohio.edu Abstract Both online and off, people frequently perform particular social roles. These roles organize behavior and give structure to positions in local networks. As more of social life becomes embedded in online systems, the concept of social role becomes increasingly valuable as a tool for simplifying patterns of action, recognizing distinct user types, and cultivating and managing communities. This paper standardizes the usage of the term ‘social role’ in online community as a combination of social psychological, social structural, and behavioral attributes. Beyond the conceptual definition, we describe measurement and analysis strategies for identifying social roles in online community. We demonstrate this process in two domains, Usenet and Wikipedia, identifying key social roles in each domain. We conclude with directions for future research, with a particular focus on the analysis of communities as role ecologies. 1. INTRODUCTION Social life has moved online. From discussion boards, to wikis, to social networking sites, people do things together through digital communication. Those interactions leave behind complex records of who did what, when, under what context, and with whom. In other words, the interaction order [16] is now electrified and self-documenting. This fact is reverberating across the social, communication, information...
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...Gleave University of Washington egleave@u.washington.edu Howard T. Welser Ohio University welser@ohio.edu Abstract Both online and off, people frequently perform particular social roles. These roles organize behavior and give structure to positions in local networks. As more of social life becomes embedded in online systems, the concept of social role becomes increasingly valuable as a tool for simplifying patterns of action, recognizing distinct user types, and cultivating and managing communities. This paper standardizes the usage of the term ‘social role’ in online community as a combination of social psychological, social structural, and behavioral attributes. Beyond the conceptual definition, we describe measurement and analysis strategies for identifying social roles in online community. We demonstrate this process in two domains, Usenet and Wikipedia, identifying key social roles in each domain. We conclude with directions for future research, with a particular focus on the analysis of communities as role ecologies. 1. INTRODUCTION Social life has moved online. From discussion boards, to wikis, to social networking sites, people do things together through digital communication. Those interactions leave behind complex records of who did what, when, under what context, and with whom. In other words, the interaction order [16] is now electrified and self-documenting. This fact is reverberating across the social, communication, information...
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...Starbucks Case Analysis | June 30 2013 | Crafting &Executing Strategy | | Class: Advanced Finance 53A Instructor: Dr. Deane Pham, MBA, Ph.D. Group 3: 1. Le Van Manh 2. Le Bao Long 3. Tran Thi Minh Phuc 4. Pham Thi Phuong Thao 5. Nguyen Minh Thu 6. Pham Ngoc Mai 7. Le Pham Nhat Linh 8. Le The Vinh Content | | Executive Analysis……………………………………………………………………………. | 2 | Case Analysis………………………………………………………………………………….. | 3 | Vision……………………………………………………………………………………… | 3 | Changing Strategy ………………………………………………………………………… | 4 | Generic competitive strategies……………………………………………………………. | 5 | Key policies, practices, business principles………………………………………………. | 6 | Core values……………………………………………………………………………….. | 7 | Michael Porter’s five forces analysis……………………………………………………… | 9 | PESTEL analysis………………………………………………………………………….. | 10 | SWOT analysis……………………………………………………………………………. | 11 | Social responsibility strategy (CSR)…………………………………………..................... | 12 | Financial performance …………………………………………………………………… | 13 | Top management issue……………………………………………………………………. | 14 | Ongoing issues………………………………………………………… …………………. | 15 | Recommendation …………………………………………………………………….. | 16 | I/ Executive Summary With more than 18,000 stores in 62 countries around the world, Starbucks is currently one of the biggest companies in the food and beverage industry, with total revenue of 11.7 billion dollars in 2011. Under the current leadership of Mr. Howard Schultz...
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...------------------------------------------------- Chapter 1—Introducing the Economic Way of Thinking MULTIPLE CHOICE 1. When economists say scarcity, they mean: a. | there are only a limited number of consumers who would be interested in purchasing goods. | b. | the human desire for goods exceeds the available supply of time, goods and resources. | c. | most people in poorer countries do not have enough goods. | d. | goods are so expensive that only the rich can afford it. | ANS: B PTS: 1 DIF: Easy REF: Full: 3 | Mic: 3 TOP: Scarcity TYP: RE 2. When economists say goods are scarce, they mean: a. | consumers are too poor to afford the goods and services available. | b. | consumers are unwilling to buy goods unless they have very low prices. | c. | goods are generally freely available from nature in most countries. | d. | the desire for goods and services exceeds our ability to produce them with the limited resources available. | ANS: D PTS: 1 DIF: Medium REF: Full: 3 | Mic: 3 TOP: Scarcity TYP: SA 3. Scarcity is a problem: a. | measured by the amount of goods available. | b. | of the poor, but not the rich. | c. | because human wants are unlimited while resources are limited. | d. | only in industrialized economies. | ANS: C PTS: 1 DIF: Easy REF: Full: 3 | Mic: 3 TOP: Scarcity TYP: RE 4. Scarcity can be eliminated if: a. | people satisfy needs rather than wants. | ...
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...Contents Introduction Chapter 2 Problem statement 2 Motivation 2 Research question 2 Interpretation 3 Scope 3 Methodology 4 Project type 4 Models and theories 4 Structure 4 Data collection 4 Criticisms of data 4 Introduction 5 Social media platforms suitable for B2B 6 Benchmark 11 Conclusion 12 Key success factors that affect the social media marketing 13 Industries that can benefit from using social media marketing 15 Parts of the value chain in which SMM could be used 15 Social media in R&D 17 Social media in Marketing and sales 17 Social media customer support and service 19 Costs involved in engaging in social media marketing 20 Measuring the outcome of social media marketing 20 Social media and the future 23 Appendix 24 Linked IN 24 Twitter 28 FaceBook 32 Youtube 34 Blogs 37 Forums 39 Literature list 41 Introduction Chapter Problem statement Motivation Social media has revolutionized the way we communicate with each other. People who previously just was content consumers, now has the possibility of being content producers. New social media brands keep popping up, and people are starting to interact more and more. What is interesting is to see how social media and B2B companies are using social media, why they are using it, and what they are gaining from it. With the introduction of social media, a new marketing term arose: social media marketing. This brings up an interesting discussion, saying that...
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...Russian Patriotic Hacking During Operation Allied Force Introduction. With the increasing number of cyberattacks, many security professionals are greatly troubled by the real threat to the information technology infrastructure in the United States. While safeguarding information has been a major issue for the private and public sectors since the beginning of the computer era, the increased level of concern over the most recent attacks has resulted in devoting more resources to combat this threat. This paper analyzes numerous cyberattacks by Russian computer enthusiast group Chaos Hackers Crew and other hacktivists during Operation Allied Force in 1999, that included taking down and defacing various NATO and US Government websites, several successful virus propagation attempts on military servers and countless spamming storms. This particular case raises curious questions about the legal definition of term cyberconflict itself, magnitude of the damage from a potential cyberattack on U.S. Government by terrorists and the level of preparedness of key military and intelligence units for the cyberwar. The cyberterrorism threat is real, however it’s essential to recognize that preserving the state of continuous distress over computer vulnerabilities can be profitable. Based on this research, cultural differences play a huge role in the world of computer hackers who decide what entity to attack and how, also the scale of a cyberattack doesn’t matter as economic damage can be devastating...
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...HOW THE GAME ATTRACTS THE FILIPINO YOUTH? The first factor why it attracts the youth is the type of game involved. Filipino gamers The Culture love strategy of DOTA in theaction games and Philippines compared to board and mini games. It has a very different gameplay compared among other games. Also, it is a multiplayer game; people can play with others up to 10 persons per game. These are the heroes of DOTA, there are so much to choose from. They are divided into three groups, the Sentinel, the Scourge, and the Neutrals. Also they are divided further by their Joshua Frankie B. Rayo Department of Computer Science University of the Philippines Diliman The Culture of DOTA in the Philippines Joshua Frankie B. Rayo Department of Computer Science, University of the Philippines Diliman jbrayo@up.edu.ph Abstract. The culture of DOTA (Defense of the Ancients) has taken the Philippines to storm because of its very creative gameplay that caused millions of Filipino students hard for them to avoid playing the game; and it is also evident from media to the internet. This game has brought such intense effects to the Filipino youth and its everyday life; up to the point where they are affected physically, psychologically, and their respective careers. Because of DOTA, the computer shops in the country have been growing massively since its release; the youth are gathered there to play informally and to show their enthusiasm and foster friendship, teamwork...
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...Impact of changing bridal selection criteria on Women ' s empowerment in Bangladesh A Dissertation by Shegufta Yasmin I D 05362001 Approved hy: Supervisor: Dr. Ferdous Jahan Academic Coordinator BRAC Development Institute, BRAC University --------------Director Professor Syed M. Hashemi BRAC Development Institute BRAC University Acknowledgement 1. Shegufta Yasmin bearing ID 05362001 am expressing my heart full gratitude to Almighty Allah for giving me the capability to complete this dissertation successfully. Next I am cordially grateful to Dr. Ferdous Jahan. Development Studies Program, BRAC University for her sincere help to give me a chance to complete my dissertation. Without her support it was impossible for me to complete this dissertation. Abstract A woman I girl is usually it burden for it family in our country . Generally no mother or father feels happy if they give birth of a baby girl. Then and then they start to do worry for the baby if it is not have fair skin colour . Parents start thinking of its marriage . This is the scenario of it girl. An infant also has to suffer for her beauty. A girl's journey starts just after her birth . In it teenage a girl can understand her parent ' s tension for her marriage . She starts to suffer in inferiority complex or superiority complex for her complexion etc. Both are harmful . Its like a poison for it girl's mind that she thinks herself outcast only for her physical beauty . On the...
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...Venture Capital and Private Equity Contracting This page intentionally left blank Venture Capital and Private Equity Contracting An International Perspective Douglas J. Cumming Associate Professor and Ontario Research Chair, York University – Schulich School of Business, Toronto, Ontario, Canada Sofia A. Johan Senior Research Fellow, Tilburg Law and Economic Centre (TILEC), Tilburg, The Netherlands AMSTERDAM • BOSTON • HEIDELBERG • LONDON • NEW YORK • OXFORD PARIS • SAN DIEGO • SAN FRANCISCO • SINGAPORE • SYDNEY • TOKYO Academic Press is an imprint of Elsevier Academic Press is an imprint of Elsevier. 30 Corporate Drive, Suite 400, Burlington, MA 01803, USA 525 B Street, Suite 1900, San Diego, California 92101-4495, USA 84 Theobald’s Road, London WC1X 8RR, UK Copyright © 2009, Elsevier Inc. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without permission in writing from the publisher. Permissions may be sought directly from Elsevier's Science & Technology Rights Department in Oxford, UK: phone: ( 44) 1865 843830, fax: ( 44) 1865 853333, E-mail: permissions@elsevier.com. You may also complete your request online via the Elsevier homepage (http://elsevier.com), by selecting “Support & Contact” then “Copyright and Permission” and then “Obtaining Permissions.” Library of Congress Cataloging-in-Publication...
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