...General / ► MID TERM EXAMINATION Question 11 Not yet answered Marked out of 1 FlaggedRemove flag Question text ALF Enterprises is a partnership formed on January 1, 2007. The partners had the following initial investments: Aida – P100,000; Lorna – P150,000; and Fe – P225,000. The partnership agreement states that profits and losses are to be shared equally by the partners after considering the following: Salaries allowed to Aida – P60,000, Lorna – P48,000, and Fe – P36,000. A ten percent interest on average capital has also been agreed upon. On June 30, Aida invested an additional P60,000 cash. Fe permanently withdrew P70,000 cash from the partnership on September 30. The share on the remaining partnership profit was P5,000 for each partner. How much is the share in net income of partner Fe? Select one: a. P48,750 b. P50,625 c. P53,750 d. None of the choices Question 12 Answer saved Marked out of 1 Not flaggedFlag question Question text Personal assets contributed by the partners are recorded at its acquisition cost or the fair market value whichever is higher. Select one: True False Question 13 Answer saved Marked out of 1 Not flaggedFlag question Question text If the total agreed capital of the partnership exceeds the total contributed capital, the difference is a positive revaluation of assets of the old partnership. Select one: True False Question 14 Not yet answered Marked out of 1 FlaggedRemove flag Question text Phyllis and Luanne...
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...KPMG Three Little Pigs Inc. Solution KPMG Three Little Pigs Inc. Solution Several factors including increased supply have caused declining prices for live hogs on the spot market. Also as shown bellow futures prices will remain below the carrying cost for live hogs until nearly the end of the fiscal year. However processed pork products such as bacon, loins, and ham remain above the current cost of production. Three Little Pigs Inc. is capable of processing hogs into these products internally at some locations. Unfortunately, not all hogs can be transported and processed at the main processing plants and must be sold as live hogs to third parties at spot market prices. There are four potential alternatives for dealing with the possible need to impair the value of Three Little Pigs Inc.'s inventories. Alternative 1: Continue to carry all inventories at cost basis. ARB28, Par.14c ?Such temporary market declines need not be recognized at the interim date since no loss is expected.? EITF, 86-13 Discussion ?? option 28 requires inventory be written to lower of cost or market unless (1) substantial evidence exists that market prices will recover before the inventory is sold? Write down is generally required unless the decline is due to seasonal pricing fluctuation.? ARB43, Ch.4, Par.9 ?Where evidence indicates that cost will be recovered with an approximately normal profit upon sale in the ordinary course of business, no loss should be recognized...? If it can be...
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...himself into the culture and community within the neighborhood of Miyamoto in order to learn through them. Bestor conducts fieldwork and participant observation. In doing so Theodor Bestor learns the local habits, custom and even the language of the people of Miyamoto to become fully involved. Bestor visits Miyamoto almost routinely and engages with all aspects that belong to the people of Miyamoto, which include participating in festivals, contributing to neighborhood market shops and even making good friends with the people of the neighborhood. 2. The Miyamoto neighborhood has both physical and spiritual boundaries. How are those boundaries marked? The area of local business and shops, far from the greater global market force, marks some of the physical boundaries of Miyamoto. The shops in Miyamoto deal mainly with daily goods. Another physical boundary is that of the houses and apartments marked by close and narrow passageways inaccessible by car and fire equipment. A spiritual boundary of Miyamoto is marked my sacred shrines important throughout festivals and parades specific to celebrations. 3. People of Miyamoto celebrate several rituals over the course of the year. What’s one of those rituals? What happens during the ritual? One of the many rituals celebrated by the people of Miyamoto is New Years that marks the end of the old year and the beginning of a new. It is a celebration to allow all people to become renewed. During this time there is a pause in business...
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...surplus in this situation is equal to the areas A + B. As a result, the consumer surplus is ½(400)(800) = 160,000. The graph and the equation of a line are used to find the price increase and decrease of consumer surplus for a quota of 300. Using the graph, a set price of 300 correlates with a new quota induced price of 250, which is an increased price of 100. Drawing a horizontal line through 250, represented by the purple, the consumption is now 600, production 300, and imports 300. The consumer surplus now equals B + D, which equals 90,000 [½(300)(600)]. The consumer surplus is decreased by 70,000 (160,000 – 90,000). The redistributive effect is the area marked by F, the consumption effect is the area marked by C, the protective effect is marked by area E, and the revenue effects is the area marked by A. The redistributive effect is calculated by finding the area of the trapezoid F. Redistributive effect equals ½(100)(100 + 300) = 20,000. The consumption effect is calculated by finding the area of triangle C. Consumption effect equals ½(100)(200) = 10,000. The protective effect is equals ½(100)(200) = 10,000. The revenue effect is calculated by finding the area of the rectangle A, which is (300)(100) = 30,000. According to Carbaugh (2011), in instances of buyers organizing and bargaining the 30,000 revenue effect would not be a loss because...
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...products. 2. Not all live hogs in other locations that cannot be easily transported and processed at the Company’s main processing plants. As a result, these live hogs must be sold to third parties at spot market prices. 3. There are several factors, including increased supply of pork due to the capture of the Big Bad Wolf, have lead to the declining prices for their live hog on the spot market. * Solution Analysis Complying with the periodicity assumption and the conservative principle, marking inventories down will better reflect the value of the inventory. There are several parts mentioned the inventory impairment in ARB43, Ch.4 Par.9: "The rule of cost or market whichever is lower is intended to provide a means of measuring the remaining usefulness of an inventory expenditure." "Inventory losses from market declines should not be deferred beyond the interim period in which the decline occurs." There are four alternatives to deal with this inventory case of the Company. i) Under the lower of cost or market method on a total inventory basis GAAP requires that the inventory be written down to the lower of cost or market when substantial evidence exists that market prices will recover before the inventory is sold. A write-down is generally required unless the decline is due to seasonal price fluctuations (FASB Cod. # 270-10-45-6). In this...
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...Shrikhande International Finance Fall 2010 Problem Set 1 Chapter 7 1. The $:€ exchange rate is €1 = $0.95, and the €:SFr exchange rate is SFr 1 = € 0.71. What is the $:SFr exchange rate? Answer. SFr 1 = € 0.71 x $0.95 / € = $0.6745. 2. Suppose the direct quote for sterling in New York is 1.1110-5. How much would £500,000 cost in New York? What is the direct quote for dollars in London? Answer. £500,000 cost £500,000 x $1.1115/£= $ 555,570. The direct quote for the dollar in London is just the reciprocal of the direct quote for the British pound in New York or 1/1.1115 - 1/1.1110 = 0.8997-0.9001. 3. Suppose the quote on British pounds is $1.624-31. a. If you converted $10,000 to British pounds and then back to dollars, how many dollars would you end up with? Answer. For $10,000, you would buy pounds at the price of $1.631, giving you £6,131.21 ($10,000/1.631) and resell them at the bid price of $1.624. The latter transaction would yield $9,957.08, resulting in a round-trip cost of $42.92. b. Suppose you could buy pounds at the bid rate and sell them at the ask rate. How many dollars would you have to transact in order to earn $1,000 on a round-trip transaction (buying pounds for dollars and then selling the pounds for dollars)? Answer. For every pound you could buy at the bid and sell at the ask, you would earn the spread of $0.007. To earn $1,000, you would have to transact £142,857.14 ($1,000/$0.0007). At the current bid rate of...
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...COMPANY’S FINANCIAL ANALYSIS REPORT CONTENTS Introduction ……………………………………………………………………………… i About Oil Company………………………………………………………………………ii Company’s annual report ……………………………………………………………….X Analysis tools and techniques……………………………………………………………X I.Non-Financial analysis A. market aspects B.product and services c.company’s risk II.Financial analysis A. Vertical Analysis Company a Company b Company c Company d B.Horizontal Analysis Company a Company b Company c Company d C.Trend Analysis Company a Company b Company c Company d D.Cross-sectional analysis III.Over-all conclusion Introduction This comprehensive study is conducted to determine where investor’s funds should be expended in the business. This course can help evaluating if the company’s strategy is competitive within the industry and to pinpoint their company's strengths and weaknesses through Quick Financial analysis we have made. This is also serving as analysis tools that help the student to better manage working capital, cash and accounts receivable, plus much more. The company’s annual report for prior year is our focus on this study. However, the computed ratio is not the answer. It is only an indicator of some aspect of a company’s performance to make them comparable. Company’s Risk Foreign Currency Risk The Parent Company’s functional currency is the Philippine peso, which is the denomination of the bulk of the Group’s revenues. The Group’s exposures to foreign...
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...COURSE STUDY GUIDE OF MARKETING MANAGEMENT DEPARTMENT OF MARKETING Course Outline for Fall Semester 2014 Course Title :Marketing Management Course Code : Number of Credits :3 Instructor :MehwishZafar Office Hours : Thursday 12:00-2:00 Office : Faculty Room Email : zafar.m@iuk.edu.pk Course Objective In this course, students develop a critical appreciation of the basic concepts and techniques of marketing management and strategy with an emphasis on creating customer value and building customer relationships. The course develops concepts and skills necessary for marketing decision-making and illustrates how various decision-making tools apply to actual business situations. The goal of this course is to develop a disciplined process for addressing marketing issues and problems in a variety of settings, and to give students the tools and background necessary to think through marketing problems. Student Email Criteria - ‘Netiquette’ In business, as with course related correspondence, e-mail is regarded as a professional means of communication. Proper sentence structure, capitalization, and punctuation are required. Proper information must be included within each e-mail: Include the course number in subject line Make sure your name is on any attachment you mail me. I often will print them out, and then I don’t know from whom they came. For all online communication, proper “netiquette” is expected: correct spelling, correct grammar, proper formatting (avoid all caps and overuse...
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...ERHVERVSAKADEMI LILLEBÆLT Compulsory Assignment on Innovation The Bodum BISTRO Pop-up Toaster September 2012 Group members: Viktorija Salunova, Tomas Lipnick, Petra Vatamanova, Penko Pokov and Jeppe Nørgaard Class mm225, # of key strokes: 17.134 Tabel of contents Introduction .................................................................................................................. 3 Problem statement ........................................................................................................ 3 Delimitations ................................................................................................................ 3 Innovative products in our every day ............................................................................... 4 Choice of product .......................................................................................................... 5 Design of the Bodum toaster: ....................................................................................... 6 Concept behind the toaster: ......................................................................................... 6 About the company and the history: ............................................................................. 6 Future potentials of growth ............................................................................................. 7 Comparison between pop-up toasters and conventional toasters: ........................................ 8 Conclusion...
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...The Nairobi Stock Exchange marked the first day of automated trading in government bonds through the Automated Trading System (ATS) in November 2009. The automated trading in government bonds marked a significant step in the efforts by the NSE and CBK towards creating depth in the capital markets by providing the necessary liquidity. In December 2009, NSE marked a milestone by uploading all government bonds on the ATS. Also in 2009, NSE launched the Complaints Handling Unit (CHU) SMS System to make it easier for investors and the general public to forward any queries or complaints to NSE In July 2011, the Nairobi Stock Exchange Limited, changed its name to the Nairobi Securities Exchange Limited. The change of name reflected the strategic plan of the Nairobi Securities Exchange to evolve into a full service securities exchange which supports trading, clearing and settlement of equities, debt, derivatives and other associated instruments. In the same year, the equity settlement cycle moved from the previous T+4 settlement cycle to the T+3 settlement cycle. This allowed investors who sell their shares, to get their money three (3) days after the sale of their shares. The buyers of these shares, will have their CDS accounts credited with the shares, in the same time. In September 2011 the Nairobi Securities Exchange converted from a company limited by guarantee to a company limited by shares and adopted a new Memorandum and Articles of Association reflecting the change....
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...Tutor-Marked Assignment TUTOR-MARKED ASSIGNMENT This tutor-marked assignment is worth 21% of the final mark ____________________________________________________________ _____________________ Question 1 This question’s objectives are to identify the type of information system and building approach used in the implementation of an information system in an insurance company. Read the case study Modernization of and answer the following questions. (aour answers using the following tabular format with each entry written in at most 30 words, and provide a word count. new product development system availability access to filed documents Old situation (max. 30 words) ……. (word count) System availability New situation (max. 30 words) …… (word count) New product development Access to filed documents (18 marks) SIM UNIVERSITY Tutor-Marked Assignment – Page 2 of 5 ICT219 Tutor-Marked Assignment (b) Chapte the source employed by Income in building the system. Explain your answer. (6 marks) Systems can be classified based on the management groups they served. Identify the type that Income‟s eBao system falls under. Explain your answer clearly. (6 marks) (c) Question 2 Based on a case study, this question requires you to: identify the relevant strategic business objectives, identify the information system type, describe how information system supports a strategy, identify the business intelligence tool used. Chapter 3 of the course...
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...Enclosure: 1. The report Acknowledgement In preparing report we thank the library manager of Dhaka Stock Exchange Mr. Attaur Rahman who supplied us with the “Monthly Review of DSE.”(A year end edition of 2003) and Library Manger of Security Exchange commission who assists us providing the information where we can collect required information. It was a great pleasure from our classmates from whom we received cordial guidance, suggestions for preparing this report specially our class representative who provided us information about the procedure in making this report. At last, we thank Officer-in-charge in Omar-Sultan Computer lab that provided us important tips in using various computer applications, software in preparing this report. We acknowledge the special assistance provided by Md. Masud Ahmed, System Engineer of ELB Cyber Cafe, Khilghon and Dhaka. Executive Summary In the report we have tried to show the application of the statistical tools upon the general index or all share index of DSE for the year 2003. To achieve the purpose, first of all we have collected the data for the year 2003. Then we have edited the data for the accuracy test. As we have collected the secondary data directly from the DSE the accuracy of the information is in a reasonable standard. Then we have tried to show the application of the statistical tools which are presented in the body part of the report in different chapters. Those chapters contain Presentation...
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...works from an idea that the company wants to be market leaders in their current core markets while they also in the future want to become market leaders in new markets. Solar's current situation is analyzed and evaluated including the advantages of a market development for the Baltics. In addition, we asked a series of share issues, which simultaneously has been considered. This has been done through the relevant theory and analysis. The first issue is, how is Solar's internal situation, according to an expansion to the Baltics? Our analysis explains that Solar has the capital to make acquisitions in emerging markets without losing degrees of freedom. In addition, it can be seen from the SWOT analysis the company has many strengths which also can be taken advantage of in a possible expansion. These strengths are the outbound logistics, service and their vast experience with expansion into new markets. Furthermore, the company is working hard to create and maintain their unique product and differentiate themselves from competitors through their excellent service. Therefore, the focus, and work should be on the strategy "differentiation". Another part of the task is to explain and analyze Solar's external position in relation to the Baltic market. The Pestle analysis, Porter's 5 Forces, the OT part of SWOT and figures on GDP, inflation and unemployment was used. Given these factors, was given that the Baltic market is certainly a market with opportunities. The...
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...Schweppes - Sundheds bekymringer - Negativ pressomtale - Image blandt de unge - Lovgivning nye markeder Styrker Red Bull er et velkendt mærke blandt mange unge mennesker herudover også blandt sportsfolk. Det skyldes bl.a. at Red Bull igennem årene har valgt en mere alternativ markedsføring end den traditionelle, ved fx at ansætte unge mennesker til at kører rundt i en ”Mini” med en stor Red Bull dåse på taget eller sponsorere større sportsarrangementer . Red Bull har et veludviklet netværk af lokale datterselskaber der er oprettet i de vigtigere markeder til at overvåge distributionen. Det kan betale sig for Red Bull at være tættere på deres kunder, da de således kan observere hvilken type mennesker der befinder sig på det pågældende marked. Der kan eksempelvis være kulturforskelle. Endvidere arbejder Red Bull hellere med mindre distributører som ofte bliver meget eksklusive Red Bull distributører. Red Bull anvendes også som et vitamin supplement og derfor konkurrer Red Bull i et nichemarked for vitaminer og konkurrerer med større farmaceutiske firmaer ....
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...COURSEWORK BRIEF Faculty of Business Environment and Society Module No: M37MKT MODULE TITLE: Marketing Communications 2015-16 Coursework Number or Title: Coursework 1 Situations Analysis Word Length: 2000 words Submission: 26th October 2015, 23:50 Via Turnitin ONLY.. Coursework Requirements Individual assignment brief 2000 word report, 60% of module mark. Your task is to act as a marketing communications consultant for one of the live clients listed below. The client would like you to compile a full and professionally presented situations analysis identifying key market drivers/issues explicitly throughout. The client would like to be presented with a range of possible marketing communications objectives. Client 1: Beechwood Farm Grimsby Site: Part of the Farmhouse Inns Brand of Greene King. ‘We aim to provide the best dining and drinking experience for customers of all ages. Our approach to food is simple with a vast range of tasty pub favourites as well as a traditional daily Carvery with a fantastic choice of fresh vegetables and succulent roasted joints of meat. The portion sizes will not disappoint, we are all about generosity and offering value for money on a breadth of great quality dishes which appeal to all tastes. We are famous for our enormous cakes and eye catching cake displays giving you the opportunity to enjoy your great cake with us or take it away to enjoy wherever you wish. We are constantly experimenting with yummy...
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