1. COMPANY BACKGROUND * Founded in 1984 by Michael Dell * First, Dell company purchased IBM compatible personal computers, upgraded rgem, then sold the upgraded PCs directly to business by main order. * Subsequently, Dell began to market and sell its own brand personal computer, taking orders over a toll free telephone line, and shipping directly to customers. 2. DELL’S WORKING CAPITAL POLICY AS A COMPETITIVE ADVANTAGE * Industry Strategy Assembled to forecast, retaining a substantial
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principle that describes each of the given situations. 2. The manager of a company who did not have proper accounting knowledge prepared the following balance sheet. He has wrongly classified the items under assets, liabilities and owners’ equity. Owner’s Equity and Liabilities | ₹ | Assets | ₹ | Share Capital | 10,00,000 | Retained Earnings | 5,00,000 | Equipment | 9,00,000 | Land and Buildings | 7,00,000 | Cash | 2,00,000 | Long – term loan | 4,00,000 | | | Accounts Payable | 2
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Equity= assets - liabilities current assets current liabilities cash ! inventories ! acc receivable ! equipment ! plant accounts payable ! ! fixed assets long-term liabilities long-term debt ! total shareholders equity stock ! retained earnings ! total assets x total liabilities + equity x Figure 2 example of a balance sheet Financial snapshot: 1 moment in time Assets against the claims Liability: obligation to deliver something of value in the future
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ACC 557 All Assignments, Wileyplus and Quizzes FOR MORE CLASSES VISIT www.acc557tutor.com Please check the details below ACC 557 Week 3 Assignment 1 Review of Accounting Ethics (2 Paper) ACC 557 Week 6 Assignment 2 You Are an Entrepreneur! (2 Paper) ACC 557 Week 10 Assignment 3 You Are an Investment Analyst (2 Papers) ACC 557 Week 1, Chapter 1 (E1-4, E1-7, E1-11, P1-2A) ACC 557 Week 2 Chapter 2 (E2-6, E2-9, E2-11, P2-2A) ACC 557 Week 2 Chapter 3 (E3-6, E3-7, E3-11, P3-2A) ACC 557
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ACCT567 Case Study I (Week 2) Part A City of Middleville General Fund General Journal 1. General Fund Debit Credit Estimated Revenues
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Catering Business Plan Executive Summary Love Catering is a kosher catering company that serves the Selangor customers market. Love offers creative, colorful, and unusual food options for kosher as well as the traditional standbys. The service offerings are quite a change relative to the existing kosher catering market which is quite stagnant. Most people make the incorrect assumption that kosher food means ordinary, boring food. This assumption prevails throughout the Jewish community so there
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example, if an individual asset is increased, there must be a corresponding (a) decrease in another asset, or (b) increase in a specific liability, or (c) increase in stockholders’ equity. 2. Explain what an account is and how it helps in the recording process. An account is an individual accounting record of increases and decreases in specific asset, liability, and stockholders’ equity items. 3. Define debits and credits and explain how they are used to record business transactions. The terms
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excellent customer service and attention (Kerzner, 2013). The sales for the Luxury Homes projected in year one will have a moderate growth by year 3. Stakeholders for the Project The Luxury Homes Real Estate Company will be created as a Limited Liability Corporation owned by its principal investors, Bradley Williams, Diana Smith and Nathan Scott. Bradley Williams will be the acting CEO and hold a 30% stake in the company. Diana Smith will be the interim CFO holding 30% shares of the enterprise as
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business credit therefore making them a assets and liabilities which are things such as loans and hire purchases on assets and their equity at a certain time current liabilities have to be paid by 12 months and long term liabilities can be paid over a year. Creditors are people we owe credit as they gave us credit.. A balance sheet therefore states the value of a business. Net current assets are found by the current assets take away current liabilities. The second part to the balance sheet is the equity
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FIN-419/FIN-419-Final-Exam-Guide To Buy This material Click below link http://www.uoptutors.com/FIN-419/FIN-419-Final-Exam-Guide 1) The part of finance concerned with design and delivery of advice and financial products to individuals, business, and government is called A) Managerial Finance. B) Financial Manager. C) Financial Services. D) none of the above. 2) Managerial finance A) involves tasks such as budgeting, financial forecasting, cash management, and funds procurement. B) involves
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