A company's business (product manufactured or sold) does not have to match its choice of inventory method (exceptions are, a car dealer or a diamond merchandiser because each product unit is unique). Therefore, a company can choose to use either FIFO or LIFO regardless of the product it manufactures or sells. If that's the case, what could be some of the reasons (other than companies that are required to use one or the other) a company would choose FIFO over LIFO or vice versa? Do you agree with those reasons, or do you think they just add unnecessary complexity to the accounting process?
Reason for Using FIFO Instead of LIFO
Reason for Using LIFO
A company's business (product manufactured or sold) does not have to match its choice of inventory...
Will facebook be able to have a successful
business model without invading privacy? explain your answer?
could facebook take any measures to make this possible?
BUSINESS PROBLEM-SOLVING CASE Facebook Privacy: Your Life for Sale Facebook has quickly morphed from a small, niche haps most obviously. Facebook allows you to keep in networking site for mostly Ivy League college stu- touch with your friends, relatives, local restaurants, dents into a publicly traded company with a market and, in short, just about...
Question 1 For a firm to recognize revenue, it must 1 point Have delivered something to the customer have received at least some cash from the customer be earned and realized/realizable either have received cash or have a signed contract 2. Question 2 Your friend Yong has a company making and selling watches with bands that are customized to match university colors. The business started locally, but now has expanded around the world. His strategy is to sell in bulk...
1.1 HRM as a function and HR Managers and key staff personnel have a vital role in the successful operation of a firm. Based on the information provided below, describe how the Brand Ambassador program affected or supported various functions of HRM. HOW 'THE COMPANY' DEVELOPED A BRAND AMBASSADOR PROGRAM At 'THE COMPANY' we usually categorize Employment Brand at THE COMPANY' into four big ‘buckets’: candidate experience, brand ambassador programs, messaging, and online presence. The truth is the brand ambassador component...
Subject: HRM
Introduction and Instructions
You have recently been hired as the Director of Human Resources
for Wilson Brothers Canada and have HR responsibility for all of
the company’s Canadian operations. Bob and John Wilson have asked
you to prepare a report for their review focusing specifically on
organizational behavior within the company. Review the Wilson
Brothers Case Scenario in depth and address the required topic
listed below in your analysis report. Marks are allocated for
thoroughness of coverage of...
please answer this after reading the article What is the actual problem? What are the known facts? What decision is to be made? How the problem ought to be solved? What are the alternatives? What are your recommendations? New AI tools make BI smarter — and more useful Data science democratized: What used to take data scientists months to prepare may soon be put together in a few days by data-astute business users. By Maria Korolov, Contributing Writer, CIO |...
1.2 Recruitment is one of the crucial functions of HRM. Based on the information provided below, how would you describe THE COMPANY’s approach to recruitment, before and after the implementation of the Brand Ambassador Program? How did the use of social media lead to the revision of the whole approach regarding recruitment? How ‘THE COMPANY’ Developed a Brand Ambassador Program At ‘THE COMPANY’ we usually categorize Employment Brand at ‘THE COMPANY’ into four big ‘buckets’: candidate experience, brand ambassador programs,...
Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...
CASE 1-5 Financial Statement Ratio Computation Refer to Campbell Soup Company's financial Campbell Soup statements in Appendix A. Required: Compute the following ratios for Year 11. Liquidity ratios: Asset utilization ratios:* a. Current ratio n. Cash turnover b. Acid-test ratio 0. Accounts receivable turnover c. Days to sell inventory p. Inventory turnover d. Collection period 4. Working capital turnover Capital structure and solvency ratios: 1. Fixed assets turnover e. Total debt to total equity s. Total assets turnover f. Long-term...
Respond to the following prompt with your original
thoughts, at least 200 words, utilize academic sources to support
your point.
Is the WACC an estimation of the real cost of capital(explicit
cost of money) or an opportunity cost tied to a particular decision
based on market required returns? You use the following points to
discuss this question or utilize your own points.
1. Projects of different levels of risk should have different
associated discount rates.
2. The WACC reflects the...
Actions that damage a company and its employees should be stamped out, everyone would agree. But should the people responsible be stamped out, too? HBR CASE STUDY The Reign of Zero Tolerance by Ben Gerson "Mr. Pemberton?" manager. The guards had radioed her that the "Yes, that's me," Simon replied distractedly, his back turned. target wasn't putting up much resistance. "Your personal belongings will be messen The two burly gentlemen who had suddenly gered to your home later today," Sallie...