1. Net sales and gross revenues. State separately: (a) Net sales of tangible products (gross sales less discounts, returns and allowances), (b) operating revenues of public utilities or others; (c) income from rentals; (d) revenues from services; and (e) other revenues. Amounts earned from transactions with related parties shall be disclosed as required under § 210.4–08(k). So both of the classes of the income are more that 10% of the sum so they must be reported separately.
By following the matching principle all of the costs associated with a particular product, not just its wholesale price, is expensed when the item is sold. Requirement 2 - A Generally, the lower of cost or market method is used to value inventory in order to “avoid reporting inventory at an amount greater than the benefits it can provide” (Spiceland, Sepe, & Nelson, 2013, p. 476). According to Spiceland, Sepe, and Nelson (2013) the “change in replacement cost usually is a good indicator of the direction of change in selling price” (p. 477). When the change in replacement cost is negative the LCM method allows companies to apply the conservatism principle. The conservatism principle involves “recognizing expenses and liabilities as soon as possible when there is uncertainty about the outcome, but to only recognize revenues and assets when they are assured of being received” (The conservatism principle).
Least restrictive principle The ethos of the setting is important, we need to consider the rules (too many, too strict, no rules etc..) Do we give enough responsibility to children? Do they get enough freedom? Reinforcing positive behaviour Children are more influenced by positive reinforcement than by punishment. Good behaviour is more likely to be repeated if it is rewarded in some way. Timing is very important, we need to give a reward (praise, stickers, extra attention) straight after they have done something good, otherwise it will be forgotten by the child very quickly.
c) Prepare all the journal entries for Kingdom for 2012. Assume a calendar year fiscal year. Correct Answer: The lease is a sales-type lease because: (1) the lease term exceeds 75% of the asset’s estimated economic life, (2) collectibility of payments is reasonably assured and there are no further costs to be incurred, and (3) Kingdom Leasing Inc. realized
And my reasons are listed as below: * Net zero facility would bring the company long-term economic benefits. * The plan would indeed reduce greenhouse gas emission, which would make the company more sustainable and more compliance with the governmental policies and regulations. * Investing in such plan is a long-term decision, the company is looking at the benefits in the future, and possibly would help to deal with the challenges in the future. 2. For the Case Grande facility, calculate the metric tons of emissions of greenhouse gases from electricity and natural gas usage for each year from 2002 to 2007.
To evaluate the budget and identify concerns we will use results from years 6 through 8 and compare to year 9. The intent is to identify areas that CBI management will need to review before finalizing. The following budget assumptions are made: * Moderate improvement in the market * No pricing change * Factory overhead $481,798 including $150,000 in depreciation * Year end A/R will be equal to 12% of annual sales based on historical data * AP will be 10% of purchases * Raw materials and work in process inventory not expected to change levels * Selling commissions expected to remain at 3% * Transportation contract $30.00 a unit * Advertising
Confidence Interval Memo Research and Evaluation I/RES 341 Dr. Richard Stanley August 10, 2008 Confidence Interval Memo Team B is preparing this memo to determine the reliability of the data we collected. We will use the statistical concept of confidence interval to determine the reliability of our research. The probability that a confidence interval includes the true mean of a data set is called the confidence level and commonly expressed as 90%, 95% or 99%. The confidence level is the area under the curve of a sampling distribution that is normal. The rule of thumb is that the number of observations should be greater than 30 to assume a normal, symmetric population without outliers in the data set.
A branch pipeline of this nature would typically cost between $1.8MM to $1.9MM, and with estimated annual operating and maintenance cost of about $8K-$9K. We can also assume a variable cost of $40.00/delivered ton. Industry standard would indicate that PH’s IRR would need to yield an 18% return on their capital investment for the life expectancy of this project. OP’s current daily average of spot ethylene gas purchase is between 35-36 tons. The average value (Exhibit 1 red line) represents the cost savings realized by Ohio over the total daily tonnage.
When we fix others, we may not see their hidden wholeness or trust the integrity of the life in them. Fixers trust their own expertise. When we serve, we see the unborn wholeness in others; we collaborate with it and strengthen it. Others may then be able to see their wholeness for themselves for the first time.” Yes I would like to face with the moral dilemma that I chose because I want to show the world that one-person life is not important than thousands other. Preparing this assignment did not make me uncomfortable because I enjoy think and writing about this.
i.e. when the two months are added together, you end up in the right spot overall. If they are explainable as “reversing” in the next period, other than ensuring the expected reversal takes place then no further action need be taken. The most powerful question you have at your disposal is WHY did this variance occur? The difference could simply have arisen because of a data entry typo – don’t panic or go yelling and the wrong people for the wrong things!