Bandsaws are used extensively within the meat processing industry, but unfortunately are a major contributor to serious injuries, including amputations. According to Meat & Livestock Australia there are approximately 1000 bandsaws in use in Australian meat works and butcher shops. Machinery Automation and Robotics’ innovative BladeStop™ system is designed to act fast enough to avoid major injury to the operator and reduce the frequency of amputations. Along with providing obvious social benefits
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What is statistics? Satistics has two processes- Describing and Draw conclusions. Statisical Methoths: Descriptive and inferintial Elements of statistics. Week Two: Key Terms Frequency is the no of occurence Relative frequency is divided by the total numbers of observations in the data set. Percentage: is the class relative multiplied by 100 Cummaltive Frequency is the addition of all the frequencies together to get a 100% Data Presentation Summary Table Pareto Diagram
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1. Prepare the journal entry for USA Posh Puppies to reflect the above accounting events. 2. Prepare the adjusting journal entries necessary for December 31, 20x8. 3. Prepare the journal entries to record the payment of the invoice to Bling and Things and to record the receipt of the Divine Dogs payment. Date Description Amount Amount Dec 20x8 Purchases $ 480 Accounts payable $ 480 Purchase of 10,000 collars @ 7,500 pesos equivalent to US$ 480 @ $0
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TO: Wendy Geiger FROM: Erik D Vazquez, President Vazquez & Sons Accounting, Analysis Department SUBJECT: Recommendation for Alternative Accounting Practices DATE: April 24, 2012 The Accounting Analysis department of Vazquez & Sons has come up with an alternative method for consideration in reference to Wendy Geiger’s accounting methods. This department would recommend that Wendy Geiger incorporate special journals into the business that would consist of a Sales Journal, Purchase
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Memo TO: Anthony R. Bowrin From: Date: 2011/9/29 Subject: Concept Framework of Accounting CA 2-10 (Qualitative Characteristics) Dear Uncle Carlos, I have already received the financial information from Neville Corp. From my point of view, it would be unwise to invest on Neville Corp base on the financial information they provided. The reason to explain why it would be unwise is that the financial information they provide is not faithful and relevant. First of all, the financial information
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Some industries offer customers “the right to return a product to the seller under certain circumstances” (ASC 605-15-05-3). Since this directly affects inventory, returns impact year-end counts. In order to correctly value inventory, returns are to be matched properly. When a company sells its items with a right of return, revenue from the sales may be recognized at the time of the sale if certain conditions are met: the price must be fixed and the buyer must pay or commit to a payment, the seller
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Introduction, Review of Accounting Process and Financial Statements “Unlike most other modern professions, accounting has a history that is usually discussed in terms of one seminal event-the invention and dissemination of the double entry bookkeeping processes.” (http://www.acaus.org) There are many that would argue that accounting developed for the needs of the time due to changes in the environment and society. Then there are others that say the science of accounting is responsible for the evolution
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Hello Caroline, This is Shepal from the FP&A group. How are you doing today? Hello Shepal, I am doing well. How can I help you? Well Caroline, I wanted to discuss with you the results of your Dept 1880 Retail Marketing, budget variance vs. actual for Jun 2011. Sure, Let me get my notes out that I had submitted to your group. I emailed you a copy as well with your comments for this review. Did you receive it? Yes, I did Ok, there were 3 main categories where the variance between actual
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SOLUTION TO INTEGRATIVE CASE PROBLEM: COST OF CAPITAL 1. Cost of debt: ki = 9%(1 - 0.4) = 5.4% for the first $50 million ki = 10%(1 - 0.4) = 6% for debt exceeding $50 million. Cost of equity: (g = 7.2% using the Rule of 72) ke = $1.415/$21 + .072 = .139 or 13.9% for internal equity ke' = $1.415/$19 + .072 = .146 or 14.6% for external equity 2. Size of first interval: $50 million first mortgage bonds/0.40 = $125 million. (Balance of first block of funds
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Running head: IMPORTANCE OF INTERNAL CONTROL IN BUSINESS 1 Importance of Internal Control in Business IMPORTANCE OF INTERNAL CONTROL IN BUSINESS 2 Introduction Brazos Manufacturing, Inc.(BMI), a $550 million international automotive parts supply company. It had urged to cut the budgets of its all of the vice presidents. The executive vice president of BMI fraudulently used corporate funds, set up an executive’s double standard
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