balance sheet data are as of December 31, 2009, and December 31, 2008. Douglas Company Maulder Company 2009 2008 2009 2008 Net sales $1,549,035 $339,038 Cost of goods sold 1,080,490 241,000 Operating expenses 302,275 79,000 Interest expense 8,980 2,252 Income tax expense 54,500 6,650 Current assets 325,975 $312,410 83,336 $ 79,467 Plant assets (net) 521,310 500,000 139,728 125,812 Current liabilities 65,325 75,815 35,348 30,281 Long-term liabilities 108,500 90,000 29,620 25,000 Common stock, $10 par 500
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Dr. pepper | A Look At Dr. Pepper | An Analysis Of The Company’s Operations | | Reginald Lee | 10/5/2010 | An analytical approach is necessary to ascertain the growth of this company’s business. This is a look at how the company has thrived during the fiscal years of 2008 and 2009. | Stockholders should be pleased to know that the money generated from sales is being used to strengthen business revenue within the company. The operating costs are principle to the cost of sales.
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hours a day for a month working make $500 per day for the rest of your life? --Think About It-- Normal Jobs Pay For A hour of work, Passive Income Sources pay for a lifetime from a hour of work. This job however isn't normal , for every hour you work, you make money and get paid for the rest of your life! This is the secret of "Residual Income" that the world's wealthiest people talk about. Wouldn't it be nice not to have to worry about where the next paycheck is coming from? Instead
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In the Lighthouse revenue recognition case, there are two alternatives. The first alternative is that the device and service is a single unit of accounting and both should be recognized as the service is provided. The second alternative is that the devices and services represent two separate earnings processes which need to be recognized separately. Alternative 1. According to FASB 605-25-25-5, there are three criteria that need to be met in order for an arrangement with multiple deliverables
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[pic]International Islamic University Chittagong (Dhaka Campus) Assignment On “Telecommunication Operator Banglalink™’s Operation in Bangladesh as MNE” Course Title: International Business Course Code: MKTG-5602 Assignment Submitted To Mr. Amir Ahmed International Islamic University Chittagong (Dhaka Campus) Assignment Submitted by, |Name |Metric No. | |Fuad Bin Mostafiz
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Essay 10: Earnings per Share Dividends or dividend requirements can either positively or negatively affect the computation of basic EPS. Basic EPS is calculated by subtracting preferred dividends from net income and dividing the result by the weighted-average of shares outstanding.(5) If preferred dividends are a larger amount it will result in a smaller EPS and vice versa. The treasury stock method of computing dilutive EPS assumes that the options or warrants are exercised at the beginning of
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ensued and to retaliate, people began what is called the Occupy Wall Street movement, whose aim was to be able to stop the ruthless and selfish profit making mechanism of financial giants. For the same, a protest was held which showed that there is income inequality in the US and these companies as well as the government, while taking this step, has ignored the majority of the society and concentrated only on the affluent minority. In the on-going process, many means of showing ones dislike and anger
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and wages payable. To record $1,000 wages for T. Kaschalk, the entry would be: General Journal Date Account and Title Description Ref. Debit Credit 20X0 May 31 Direct Labor 1,000 Federal Income Taxes Payable 150.00 FICA Taxes Payable 76.50 Credit Union Payable 50.00 Wages Payable 723.50 Record TK wages The factory building depreciation of $9,500 is classified as a manufacturing
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total output, income, or wealth is distributed among individuals or among the factors of production. Factors included in this are labor, land, and capital (Atkins, Bourguignin, ed., 2000). In general theory and the national income and product accounts, each unit of output corresponds to a unit of income. One use of national accounts is for classifying factor incomes and measuring their individual shares, as in National Income (Atkins, Bourguignin, ed., 2000). But, where focus is on income of persons
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shampoo used for every patrons. Item Contribution Margin $11.60 Item sale amount $12.00 Fewer variables cost $0.40 Item Contribution Margin = $11.60 How to establish the once a year break-even point, in haircuts numbers? Barber’s Salaries Income per barber per week - $396.00 Cost per
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