Abdullah Al-Wis was the first teacher in Abu Dhabi, and his salary was one dirham.
The founder of the UAE, the late Sheikh Zayed bin Sultan Al Nahyan, believed that education was critical to the country's growth and development. The provision of education was hence among the fundamental services that the UAE provided to its citizens as well as expatriate residents.
About Abdullah al Wis: The first teacher in Abu Dhabi was Abdullah al Wis, and he taught in a small mosque school with a handful of students. The UAE did not have a single formal school in the beginning, and few people could read or write. Abdullah al Wis, on the other hand, had a profound understanding of Arabic and religious education, which he shared with others. He was incredibly devoted and dedicated to his work, often spending the majority of his day teaching students and aiding them in their studies.
In 1956, when Abu Dhabi's first formal school was opened, Abdullah al Wis was appointed as the school's first teacher, and he continued to work there until 1968. He was well-known for his dedication and passion for teaching, and he played a vital role in laying the groundwork for the country's educational system.
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Clean oil is considering investing $500m in equipment to produce new engine oil, which due to their market intelligence will perform exceptionally well on the market. Sales of the product are expected to continue for three years, at the end of which the equipment will have a residual value of $80m. Sales revenue of $600m pa will be generated at a variable cost of $350m. Annual fixed costs will increase by $40m.
a) On the basis of the above estimates, establish whether, the project should be undertaken, assuming that all cash flows occur at annual intervals and that Clean Oil has a cost of capital of 15%.
b) Calculate the sensitivity of the project with respect to the following:
i) Initial investment
ii) Residual value
iii) Selling price
iv) Unit variable cost
v) Annual fixed cost
vi) Sales volume
vii) Cost of capital
Based on the knowledge acquired so far (also see the country risk profile), supposing you are an investor looking to invest a huge capital in the petroleum sector, say $10b: Briefly explain 5 factors that will influence your investment decision. As an expert in this field, assuming you are to advise Clean Solutions on their pending investment decisions in the following countries: Russia, Iran, Venezuela, Saudi Arabia, Nigeria and Norway. Which of these countries will you advise them to focus on and which ones will you ask them to be very sceptical of when considering to invest? Explain your decisions.
I would advise Clean Solutions to focus on Russia, Saudi Arabia, and Norway for potential investment, while being skeptical of investing in Iran, Venezuela, and Nigeria due to higher risks associated with these countries.
a) To determine whether the project should be undertaken, we need to calculate the net present value (NPV) of the cash flows. The NPV is calculated by discounting the future cash flows at the cost of capital and subtracting the initial investment. In this case, the initial investment is $500m, and the cash flows consist of sales revenue, variable costs, fixed costs, and the residual value.b) The sensitivity of the project can be assessed by analyzing the impact of changes in various factors on the project's profitability. These factors include the initial investment, residual value, selling price, unit variable cost, annual fixed cost, sales volume, and cost of capital. By adjusting these variables and recalculating the NPV, we can evaluate how sensitive the project is to changes in these factors.Regarding the investment decision in the petroleum sector, factors to consider include geopolitical stability, regulatory environment, market demand, resource availability, and financial viability. Each country has its own unique characteristics and risks. Based on the given countries, Russia and Saudi Arabia are known for their significant oil reserves and established petroleum industries, making them attractive investment destinations. However, countries like Iran, Venezuela, and Nigeria may pose higher geopolitical and regulatory risks, impacting the investment decision. Norway, known for its stable political and regulatory environment, as well as advanced technology in the oil sector, could be a favorable investment option.For more questions on investment
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How to market a dental practice on social media?
[tex] \huge \mathcal{\fcolorbox{yellow}{gold}{\red{answer}}}[/tex]
Patient testimonials.
Before and after photos.
Learning and educational posts (pictures and videos)
Information and sharing news about your practice.
Brand films.
Introducing your dental team.
Professional development news.
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The cash account for Norwegian Medical Co. at April 30 indicated a balance of $403,784. The bank statement indicated a balance of $468,460 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items:
Checks outstanding totaled $73,870.
A deposit of $51,230, representing receipts of April 30, had been made too late to appear on the bank statement.
The bank collected $50,630 on a $48,220 note, including interest of $2,410.
A check for $9,160 returned with the statement had been incorrectly recorded by Norwegian Medical Co. as $916. The check was for the payment of an obligation to Universal Supply Co. for a purchase on account.
A check drawn for $680 had been erroneously charged by the bank as $860.
Bank service charges for April amounted to $170.
To reconcile the cash account for Norwegian Medical Co., we need to analyze the provided information and make adjustments accordingly.
1. Adjusted bank balance - $394,590
2. Adjusted bank balance - $445,820
3. Adjusted bank balance - $496,450
4. Adjusted bank balance - $395,720
5. Adjusted bank balance - $395,550
Let's go through each reconciling item:
1. Outstanding Checks: Checks outstanding are checks issued by Norwegian Medical Co. but have not yet been cleared by the bank. The total outstanding checks amount to $73,870. These checks need to be deducted from the bank statement balance because they have not yet been subtracted by the bank.
Adjusted bank balance = Bank statement balance - Outstanding checks
Adjusted bank balance = $468,460 - $73,870 = $394,590
2. Deposits in Transit: The deposit of $51,230 represents receipts made by Norwegian Medical Co. on April 30 but was not recorded on the bank statement since it was made too late. This deposit needs to be added to the bank statement balance.
Adjusted bank balance = Adjusted bank balance + Deposit in transit
Adjusted bank balance = $394,590 + $51,230 = $445,820
3. Bank Collections: The bank collected $50,630 on a $48,220 note, which includes interest of $2,410. This collection needs to be added to the bank statement balance.
Adjusted bank balance = Adjusted bank balance + Bank collections
Adjusted bank balance = $445,820 + $50,630 = $496,450
4. Errors in Recording: There are two errors in recording:
a. The check for $9,160 was incorrectly recorded as $916 by Norwegian Medical Co. This error caused an overstatement of $8,244 ($9,160 - $916) in the cash account. This needs to be deducted from the cash account balance.
b. The bank erroneously charged Norwegian Medical Co.'s check for $680 as $860. This error caused an understatement of $180 ($860 - $680) in the cash account. This needs to be added to the cash account balance.
Adjusted cash account balance = Cash account balance - Error in recording
Adjusted cash account balance = $403,784 - $8,244 + $180 = $395,720
5. Bank Service Charges: The bank service charges for April amount to $170. These charges need to be deducted from the cash account balance.
Adjusted cash account balance = Adjusted cash account balance - Bank service charges
Adjusted cash account balance = $395,720 - $170 = $395,550
After considering all the reconciling items, the adjusted cash account balance for Norwegian Medical Co. is $395,550.
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4. (a) Consider the following group of people (labelled A to G) who have the rankings shown of candidates for election X, Y and Z. The symbol > means “is preferred to.”
A: X>Y>Z B: X>Y>Z C: Y>X>Z D: Y>X>Z
E: Z>X>Y F: Z>X>Y G: Z>X>Y
(i) Explain which candidate will win if voting is on the first past the post basis. (2)
(ii) Suppose, instead, that voting is conducted by running off candidates in pairs; that is X vs Y, Y vs Z, and Z vs X. Explain who will win in each of these runoffs and comment, in the light of Condorcet’s paradox, whether transitivity is violated in this case. (5)
(iii) Given your answers in (i) and (ii), it should be clear that one of the candidates appears to be favoured, if not by a majority, at least by a plurality of voters yet, in a runoff against any one of the other candidates, that candidate would lose. In the light of Arrow’s impossibility theorem, what comment would you make on the two voting systems presented in this question? (3)
(iv) Suppose you were asked to justify candidate X as the most appropriate to be elected given the preferences of these voters. Explain on what basis you could justify this outcome. (3)
Group Assignment
Question 1. The audit work demands international standards which are called GAAS (General Accepted Auditing Standards). On the other hand, the Auditors are legally liable for the work done by them. Considering this in mind find a prepared audit report and evaluate it based on the following minimum GAAS guidelines.
i. General Standards of Qualification and Conduct
ii. Standards of filed work, and
iii. Standards of reporting.
An audit report is a formal opinion that is issued by an independent auditor following their examination of an organization's financial statements.
To conduct this work, the auditor must follow a set of standards known as General Accepted Auditing Standards (GAAS). The auditor is legally responsible for the work done and the report issued.
i. General Standards of Qualification and Conduct: The auditors have to comply with GAAS guidelines, specifically general standards of qualification and conduct that consists of three principles that dictate the qualifications needed to become an auditor and conduct audit work. For instance, auditor independence, due care, and adequate technical training and proficiency are some of the guidelines that the auditor must adhere to during the audit work.
ii. Standards of filed work: The auditor must have appropriate documentation to support their audit opinion, which is required to be recorded by the auditor in sufficient detail to enable an experienced auditor with no previous exposure to the audit to understand the work that was performed and the conclusions that were reached. For example, audit plans, procedures, and records should be maintained by the auditor.
iii. Standards of reporting: The auditor's report must be properly structured, with a clear and concise description of the auditor's work. This should include an opinion on whether the financial statements are in compliance with the appropriate accounting framework. The auditor must ensure that their report provides an accurate reflection of their audit work.
In conclusion, in this particular audit report, the GAAS guidelines of General Standards of Qualification and Conduct, Standards of filed work, and Standards of reporting were followed in ensuring that the report was accurate and unbiased. The auditor was professional and had the necessary qualifications, followed GAAS guidelines to the letter, and ensured that the report provided a true and fair view of the financial statements.
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Which one of the following statements is incorrect regarding small business corporations? a. The shareholders of the entity cannot hold shares or an interest in any other company unless it is permitted shareholdings. O b. The entity qualifies for a 100% allowance in respect of manufacturing plant and machinery. O c. The gross income of the entity must be less than R20 million for the year of assessment. Od. A small business corporation does not pay Dividends tax.
Answer:c. The gross income of the entity must be less than R20 million for the year of assessmen
Explanation:
10. When developing a business plan for a new venture, an entrepreneur should include a comprehensive description of the customers the new business wants to attract in the A. Market-segment analysis. B. SWOT analysis. C. Promotional plan. D. Corporate philosophy summary.
California enacted the Wine Fair Dealing Act, which requires out-of-state suppliers of wine to show good cause if they wish to terminate a distributorship. In-state suppliers of wine are exempt from this requirement and can cancel at will. A New York wine supplier wants to end its relationship with a California firm. The California firm, invoking the operative provision of the Wine Fair Dealing Act, objects because the New York firm has not demonstrated good cause for the termination. The New York supplier argues that this provision of California law violates the commerce clause of the United States Constitution. Is the commerce clause violated? Why?
The issue at hand is whether the provision of California's Wine Fair Dealing Act, which imposes a requirement on out-of-state wine suppliers to show good cause for terminating a distributorship while exempting in-state suppliers, violates the commerce clause of the United States Constitution.
The commerce clause, found in Article I, Section 8, Clause 3 of the Constitution, grants Congress the power to regulate interstate commerce. It prohibits states from enacting laws that unduly burden or discriminate against interstate commerce.
In this case, the provision of the Wine Fair Dealing Act, which treats in-state suppliers differently from out-of-state suppliers, raises concerns of discrimination against interstate commerce. It creates a distinction based on the supplier's location, granting preferential treatment to in-state suppliers by allowing them to terminate distributorships at will without having to demonstrate good cause.
The commerce clause is designed to promote a unified and free national market by preventing states from erecting barriers or imposing burdens on interstate trade. When a state law discriminates against out-of-state economic interests, it is subject to strict scrutiny and is usually struck down unless it can be justified by a legitimate local purpose that cannot be adequately served by non-discriminatory means.
In this case, it is arguable that the provision of the Wine Fair Dealing Act violates the commerce clause because it places an additional burden on out-of-state wine suppliers and grants preferential treatment to in-state suppliers. This discriminatory treatment may hinder the free flow of goods and interfere with the efficient functioning of the national market.
However, it is important to note that the ultimate determination of whether the commerce clause has been violated would depend on the specific facts of the case and the arguments presented by both parties. Legal analysis and court interpretation would be necessary to reach a definitive conclusion.
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Type the correct answer in the box. Spell all words correctly. Why does your business plan need to be impressive? Your business plan mainly reflects the viability and profitability of your business idea to attract
Answer:
Investors
Explanation:
Your business plan mainly reflects the viability and profitability of your business idea to attract investors.
Required: Submit letter from your professionally registered Accounting Officer
(Accountant) confirming company tumover in the past 12 months (NB: not the
current bank balance). The letter must not be older than year 1 January 2022.
This is a request for a letter from a professionally registered Accounting Officer (Accountant) confirming the company's turnover in the past 12 months. The letter should explicitly state the turnover amount and must be dated between 1 January 2022 and the present date. The purpose of the letter is to provide a documented record of the company's financial performance during the specified period.
To prepare the requested letter confirming the company turnover in the past 12 months from a professionally registered Accounting Officer (Accountant), you can follow these steps:
1. Contact your professionally registered Accounting Officer (Accountant): Reach out to the designated Accounting Officer or Accountant responsible for handling the financial matters of your company. Ensure they are aware of the specific requirements mentioned in the letter request.
2. Provide necessary information: Furnish the Accounting Officer with the relevant details required to accurately determine the company turnover. This may include financial statements, sales records, and any other supporting documents as per their request.
3. Specify the time frame: Clearly communicate that the letter should confirm the company's turnover for the past 12 months, excluding the current bank balance. Emphasize that the letter should be dated between 1 January 2022 and the present date to ensure it meets the stipulated requirement.
4. Draft the letter: Work with the Accounting Officer or Accountant to draft the letter. It should include their professional credentials, the company's name and details, a statement confirming the turnover amount for the specified period, and any other relevant information as per the request.
5. Review and finalize: Carefully review the drafted letter for accuracy and completeness. Verify that it aligns with the specific requirements mentioned in the initial request. Make any necessary revisions or additions to ensure the letter meets the stated criteria.
6. Obtain the signed and dated letter: Once the letter is reviewed and finalized, request the Accounting Officer or Accountant to sign and date it. This will validate its authenticity and compliance with the specified time frame.
7. Submit the letter: Deliver the signed and dated letter to the relevant recipient or authority as instructed in the request. Ensure that it is submitted within the required timeline and through the designated channel specified in the instructions.
By following these steps, you can effectively submit a letter from your professionally registered Accounting Officer (Accountant) confirming the company turnover in the past 12 months, adhering to the provided guidelines.
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about product calculus and examples
critical path examples and solution
The product calculus is the state in which you have to give the derivative of the given function. On the other hand, the critical path is one of the parts of project management that is used to complete the entire project's activity on time.
We can also say that the critical path is the only and last path of the complicated projects which could save the project from being grabbed or canceled. The critical path leads the project to its final destination through proper planning.
In this critical path method one used to finish the project on time so that he could schedule all the other activities according to the critical path. This is one of the best tools for project management used by many tender holders.
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The correct question should be:
what do you mean by product calculus and critical path. explain with examples.
the smiths family apartment lease has expires but their landlord indicated that they remain on the premises until he finds a buyer for the building (and closing is complete) the smiths will be charged their monthly rent during this period the tenancy held by the smiths is
The tenancy held by the Smiths is known as a holdover tenancy.
What type of tenancy does the Smiths have during this period?During this period, the Smiths have a holdover tenancy. A holdover tenancy occurs when a tenant continues to occupy a rental property after the expiration of their lease without signing a new lease agreement. In this situation, the landlord has allowed the Smiths to remain on the premises until a buyer for the building is found and the closing is complete.
The Smiths will be charged their monthly rent during this holdover period. It's important to note that the terms and conditions of the original lease may still apply unless modified by the landlord.
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In what way is the tragedy of the commons NOT related to reducing emissions of CO2?
The tragedy of the commons refers to a situation in which a common resource is overused or exploited by individuals or groups, resulting in its depletion or degradation.
This can occur in a variety of contexts, including fisheries, grazing lands, and even the atmosphere. However, while the tragedy of the commons can be related to reducing emissions of CO2 in some ways, it is not necessarily a direct or universal connection.
One reason that the tragedy of the commons may not be directly related to reducing emissions of CO2 is that the causes of this problem are often complex and multifaceted. For example, CO2 emissions can result from a wide range of human activities, including transportation, energy production, and land use changes. Additionally, different countries and industries may have varying levels of responsibility for these emissions, depending on factors such as their level of economic development, population size, and historical contributions to the problem.
Another way in which the tragedy of the commons may not be directly related to reducing emissions of CO2 is that it is not always clear how to regulate or manage common resources in order to prevent their overuse or depletion. While policies such as emissions trading or carbon taxes can help to incentivize reductions in CO2 emissions, these approaches may not be effective in all contexts and may face political or economic opposition from stakeholders who stand to lose from these changes.
In conclusion, while the tragedy of the commons can be related to reducing emissions of CO2 in some ways, it is not a straightforward or universal connection. Factors such as the complexity of the problem and the difficulty of regulating common resources may limit the effectiveness of some solutions and may require more nuanced and context-specific approaches.
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what is the connection between seo and content marketing
Answer:
SEO and content marketing are different but related. Let's put it this way: SEO is what brings targeted traffic to your site, including your content. SEO includes a set of actions you can carry out to optimize your website and content to show up in searches.
The two basic ways to schedule a project, as discussed in your reading
material, are __________.
a. temporarily and permanently
b. inside and outside
c. high priority and low priority
d. forward and backward
Answer:
D. forward and backward
Explanation:
The two basic ways to schedule a project, as discussed in project management literature, are:
d. forward and backward
Forward scheduling involves starting the project as soon as possible and proceeding with the activities in chronological order, considering their dependencies and durations. This approach aims to complete the project as early as possible.
Backward scheduling, on the other hand, involves starting the project from the target completion date and working backward to determine the start dates for each activity. This approach takes into account any project constraints or deadlines and ensures that all activities are completed in a timely manner to meet the desired end date.
Both forward and backward scheduling have their advantages and are used in different project scenarios. The choice of scheduling approach depends on factors such as project requirements, dependencies, available resources, and project objectives.
The freedom of firms to obtain economic resources, decide what products to produce with those resources and sell those products in markets of their choice is it freedom of choice, self interest, competition, priivate property or mutually agreeable
The freedom of firms to obtain economic resources, make production decisions, and engage in market transactions embodies the principles of freedom of choice, self-interest, competition, private property, and mutually agreeable transactions.
Firstly, this freedom of firms embodies the concept of freedom of choice.
Firms are granted the autonomy to make decisions regarding resource allocation and product development based on their own judgment, preferences, and market conditions.
This allows firms to pursue their desired strategies and tailor their operations to meet the demands and preferences of consumers.
Furthermore, self-interest is a fundamental driving force behind this freedom. Firms operate with the goal of maximizing their own profits and achieving their self-interest.
By incentivizing firms to allocate resources efficiently and produce desirable products, self-interest contributes to overall economic growth and welfare.
Competition is also inherent in this freedom. Firms operate within competitive markets, where multiple participants vie for consumer attention and market share.
Competition fosters innovation, efficiency, and consumer choice. It encourages firms to constantly improve their products and services, leading to a more vibrant and dynamic economy.
Private property rights are vital to this freedom. Firms have the right to own and control the resources necessary for production.
Private property provides an incentive for firms to invest, innovate, and create value, as they have the assurance that they will benefit from the fruits of their labor.
Lastly, this freedom is predicated on mutually agreeable transactions. Firms engage in voluntary exchanges with other market participants, such as suppliers, customers, and partners.
These transactions are based on mutual consent, where both parties find value and benefit from the trade. By facilitating mutually agreeable transactions, this freedom enables efficient resource allocation and distribution of goods and services.
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1. Mwansa Kabinga Restaurant continues to be the market leaders in Traditional Zambian cuisines. Being rated the best in food safety by the Zambia Bureau of Standards gives them the competitive edge they need to change the clientele from the middle class income to the high class executives. With increased profits they are able to advertise their products extensively and are able to acquire other restaurants in many areas of Lusaka. Not only do they beat their competitors indeed terms of quality, but they also are able to come up with a new dish each week. Indeed business is good at the restaurant. (Source Author,2021).
Questions. a. Describe the strategies used by Mwansa Kabinga restaurant. b. Show how Mwansa Kabinga restaurant has gained competitive advantage. including 5 references
a. Strategies used by Mwansa Kabinga restaurant are Expansion, Quality food, Creativity, Costs, and Comprehensive service.
b. Mwansa Kabinga restaurant has gained a competitive advantage in the following ways Product differentiation, Cost advantage, Quality, Location, and Branding.
a. Strategies used by Mwansa Kabinga restaurant are:
Expansion: The restaurant has continued to grow its customer base by acquiring other restaurants in many areas of Lusaka. This has led to increased profits and has enabled the restaurant to advertise its products extensively.
Quality food: Mwansa Kabinga restaurant is the market leader in Traditional Zambian cuisines, and it continues to beat its competitors in terms of quality. Additionally, it has the competitive edge it needs to attract high-class executives by being rated the best in food safety by the Zambia Bureau of Standards.
Creativity: The restaurant comes up with a new dish each week, which is an innovative way to keep the customers interested and attract new customers.
Costs: The restaurant is able to keep its prices low, which enables it to attract middle-class income customers as well.
Comprehensive service: The restaurant has invested in excellent customer service, which helps it stand out from its competitors. The restaurant has trained staff who are knowledgeable about the menu, professional in their service delivery, and well-groomed to provide a satisfactory experience to customers.
b. Mwansa Kabinga restaurant has gained a competitive advantage in the following ways:
Product differentiation: The restaurant has set itself apart from the competition by offering unique and quality Traditional Zambian cuisines that have been rated the best in food safety by the Zambia Bureau of Standards. This has attracted customers to the restaurant, and it has been able to maintain its competitive edge by innovatively coming up with new dishes each week.
Cost advantage: The restaurant has been able to keep its prices low, which has enabled it to attract a wide range of customers, from middle-class income to high-class executives. This has helped the restaurant to remain competitive despite the competition from other restaurants in the area.
Quality: Mwansa Kabinga restaurant's commitment to quality has enabled it to maintain its competitive advantage over the years. The restaurant has invested in excellent customer service, quality ingredients, and trained staff who are knowledgeable about the menu. This has helped the restaurant to attract loyal customers who are willing to pay more for quality products and services.
Location: Mwansa Kabinga restaurant has strategically located its outlets in many areas of Lusaka, which has helped it to tap into different customer segments. The restaurant has been able to gain a competitive advantage by acquiring other restaurants in many areas of Lusaka. This has helped it to grow its customer base and expand its reach.
Branding: Mwansa Kabinga restaurant has invested in extensive advertising campaigns, which have helped to raise brand awareness and attract new customers. This has helped the restaurant to maintain its competitive edge and remain relevant in the market.
References:
Joshi, R. M., & Joshi, R. (2012). Strategies for sustainable competitiveness: A comparative study of Zambian and Indian firms. International Journal of Social Economics, 39(3), 150-171.Michael, E., & O'Leary, J. T. (2012). The restaurant industry in Zambia. In Restaurant Industry in Zambia (pp. 1-25). Zambian Research Foundation.Basu, A. K. (2016). Hotel and Restaurant Management. In Tourism and Hospitality Management (pp. 205-214). Springer, Singapore.Lema, S., & Mugisha, J. (2012).
Strategic management practices and organizational performance: Empirical evidence from Zambian SMEs. African Journal of Business Management, 6(24), 7322-7334.Roy, S. (2017). Restaurant Location, Selection, and Evaluation: A Study on the Awareness of Consumers in Dhaka City. Asian Business Review, 7(2), 45-52.
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Pizza International, Incorporated, reported the following information (in thousands):
Operating Activities
Net Income $ 100
Depreciation 33,305
Increase in receivables 170
Decrease in inventory 643
Increase in prepaid expenses 664
Decrease in accounts payable 8,720
Increase in accrued liabilities 719
Decrease in income taxes payable 2,721
Payments on notes payable 12,691
Cash paid for equipment 29,073
The following is the summarized income statement for Pizza International, Incorporated (in thousands):
Revenues $ 143,551
Cost of Sales 45,500
Gross Profit 98,051
Salary and Wages Expense 56,835
Depreciation 33,305
Office Expense 7,781
Net Income before Income Tax Expense 130
Income Tax Expense 30
Net Income $ 100
Required:
Based on this information, compute cash flow from operating activities using the direct method. Assume Prepaid Expenses and Accrued Liabilities relate to office expenses.
What was the primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss?
The combination of adding back non-cash expenses, decreases in working capital accounts, and a decrease in inventory contributed to the large positive cash flow from operations despite nearly having a net loss.
To compute cash flow from operating activities using the direct method, we need to analyze the changes in different balance sheet accounts. Let's go step by step:
Step 1: Calculate Cash Flows from Operating Activities using the Direct Method
- Start with net income: $100,000
- Add back depreciation: $33,305
- Subtract the increase in receivables: $170
- Add the decrease in inventory: -$643 (Note: decrease is subtracted)
- Subtract the increase in prepaid expenses: -$664
- Add the decrease in accounts payable: -$8,720 (Note: decrease is subtracted)
- Subtract the increase in accrued liabilities: -$719
- Add the decrease in income taxes payable: -$2,721
- Subtract payments on notes payable: -$12,691
- Subtract cash paid for equipment: -$29,073
Cash flow from operating activities using the direct method: $99,464
Step 2: Analyzing the reason for positive cash flow from operations despite a net loss
The primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss is due to non-cash expenses, such as depreciation, which is added back to net income. Depreciation is a non-cash expense that reduces net income but does not involve actual cash outflow. Therefore, adding back depreciation increases the cash flow from operating activities.
Additionally, there were decreases in working capital accounts, such as accounts payable and income taxes payable, which led to a positive impact on cash flow from operating activities. The decrease in accounts payable and income taxes payable means that Pizza International paid off its liabilities, resulting in a decrease in cash outflow.
Furthermore, there was a decrease in inventory, which also positively impacted cash flow from operating activities. Decreasing inventory reduces the amount of cash tied up in unsold goods.
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what resources are available to you to assist you in interpreting legislation? include in your answer sources of specialist advice, source documents and government and industry bodies. OF NSW
As a college student, there are several resources available to assist me in interpreting legislation.
How is this so?I can refer to source documents such as the actual legislation, including statutes, regulations, and case law.
Also , I can seek specialist advice from legal professionals, such as lawyers or legal scholars, who have expertise in the specific area of law.
Government bodies like legislative councils or agencies and industry bodies may also provide guidance, interpretations, and explanatory materials related to legislation.
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Which risks result from technological innovations, political instability, and economic conditions? Technological innovations, political instability, and economic conditions are examples of____ risks.
Technological innovations, political instability, and economic conditions are examples of non-financial risks.
Non-financial risks can arise from operational or strategic factors that affect a business. Such risks can come from both internal and external sources, and the management of non-financial risks can significantly affect the company's performance, reputation, and overall value. Technological innovations, political instability, and economic conditions are examples of non-financial risks. Technological innovations can create opportunities or threats for businesses depending on how they are leveraged or exploited.
New technologies such as artificial intelligence (AI), big data, and cloud computing are game changers for businesses as they create new markets and disrupt old ones. However, these new technologies also pose risks, such as cyber threats, data breaches, and privacy violations. Political instability can also be a source of non-financial risk for businesses. Political instability can arise from various factors such as changes in government, civil unrest, terrorism, or conflicts.
These factors can disrupt business operations, lead to asset seizures, or even force businesses to close down operations. Economic conditions can also pose non-financial risks to businesses. Economic conditions such as inflation, deflation, interest rates, exchange rates, and market volatility can affect businesses' financial performance, cash flows, and profitability.
Non-financial risks such as reputation, litigation, and compliance also affect businesses and can significantly affect the value of the business. The management of non-financial risks is essential for businesses to achieve their strategic objectives, improve performance, and enhance their overall value. Effective management of non-financial risks involves identifying, assessing, monitoring, and mitigating risks, and integrating risk management into business operations and decision-making.
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what is better flavour cheez it: pepper jak or toasted
Answer:toasted
Explanation:the toasted has a very authentic taste to it while the pepper jack tastes like processed cheese.
The term "bait and switch" refers to an unethical business practice involving
__________.
a. product advertising
b. employee recruitment practices
c. companies maintaining personal information about employees
d. employees who steal supplies or time from their employers
The term "bait and switch" refers to an unethical business practice involving a. product advertising.
The term "bait and switch" refers to an unethical business practice involving product advertising. It occurs when a business advertises a specific product or service to attract customers but then attempts to substitute it with a different, often inferior, product. The purpose of this deceptive tactic is to lure customers in with an attractive offer ("the bait") and then persuade or coerce them into purchasing something else ("the switch").The bait and switch technique typically involves creating an appealing advertisement that showcases a desirable product at a low price or with enticing features. However, when customers express interest or make a purchase, they are informed that the advertised product is unavailable or not as good as portrayed. The business then attempts to persuade them to buy a more expensive or less desirable alternative.This practice is considered unethical because it deceives and manipulates customers, leading to dissatisfaction and mistrust. It undermines the principles of transparency, honesty, and fair competition in the marketplace. Regulatory bodies and consumer protection laws aim to prevent and penalize bait and switch tactics to ensure that businesses adhere to ethical advertising practices and protect consumer rights.For more questions on product advertising
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A person who claims to be a victim of a violation of the Fair Housing Act can seek relief through any of
the following EXCEPT
A person who claims to be a victim of a violation of the Fair Housing Act can seek relief through any of the following EXCEPT Option "B) Criminal indictment."
A person who claims to be a victim of a violation of the Fair Housing Act can seek relief through any of the following except criminal indictment. The Fair Housing Act was enacted in 1968, it is a federal law that prohibits housing discrimination based on race, religion, national origin, color, gender, familial status, or disability. The Fair Housing Act prohibits discrimination based on race, color, religion, national origin, gender, familial status, or disability in the sale, rental, or financing of housing.
It is a federal law that was enacted in 1968 and is enforced by the US Department of Housing and Urban Development (HUD). Relief available for a person claiming to be a victim of a violation of the Fair Housing Act includes conciliation, an administrative proceeding, or a civil action in federal court. Criminal indictment is not a relief option available for those claiming to be victims of a Fair Housing Act violation. Conciliation is a process in which HUD works to resolve the issues with the person who was discriminated against and the person who did the discrimination.
In an administrative proceeding, HUD holds an administrative hearing to decide whether or not discrimination has occurred. If the administrative law judge rules in favor of the claimant, they may be awarded damages, attorneys' fees, and court costs. Finally, the claimant can also pursue a civil action in federal court. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
A person who claims to be a victim of a violation of the Fair Housing Act can seek relief through any of the following EXCEPT
A) conciliation.
B) criminal indictment.
C) an administrative proceeding.
D) a civil action in federal court.
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Henderson Farms reports Henderson Farms reports the following results for the month of November:
Sales (10,000 units) $600,000
Variable costs 420,000
Contribution margin 180,000
Fixed costs 110,000
Net income $ 70,00
Henderson Farms reported a net income of $70,000 for the month of November after considering their sales revenue, variable costs, and fixed costs.
Henderson Farms reported the financial results for the month of November, which provide insights into the company's sales, costs, and profitability. The sales for the month totaled $600,000, indicating the total revenue generated from selling 10,000 units of their products. From this revenue, the company incurred variable costs amounting to $420,000. Variable costs are directly related to the production and sales volume, and they include expenses such as raw materials and direct labor.The contribution margin, which is the difference between sales revenue and variable costs, is calculated to be $180,000. This represents the amount available to cover the company's fixed costs and contribute to the net income. Fixed costs for the month amounted to $110,000, which includes expenses such as rent, utilities, and administrative costs.After deducting the fixed costs, Henderson Farms achieved a net income of $70,000. Net income represents the profit earned by the company after accounting for all expenses, including both fixed and variable costs.In summary, Henderson Farms generated $600,000 in sales revenue, incurred $420,000 in variable costs, and had $110,000 in fixed costs. This resulted in a net income of $70,000 for the month of November.For more questions on sales
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1. The Bills paid (in Birr) for electric consumption by Ato Abebe in the last 12 months is as follows. 52, 68, 57, 96, 78, 48, 103, 82, 71, 62, 51, 24. a) Find the median of Bills paid for the electric consumption. b) Calculate the mean and compare it with the median c) Calculate Q1, Q2 and Q3.
A. Therefore, the median of bills paid for electric consumption is 68.
B. The mean is 65.33, and the median is 68. Because the mean and median are so close to each other, there is no skewness in the dataset.
C. The values of Q1, Q2, and Q3 are 51.5, 68, and 89, respectively.
a) The bills paid (in Birr) for electric consumption by Ato Abebe in the last 12 months are 52, 68, 57, 96, 78, 48, 103, 82, 71, 62, 51, 24. The median can be calculated by finding the middle value of the ordered set.
To obtain the median, the data must first be ordered. First, arrange the data in ascending order.
24, 51, 52, 57, 62, 68, 71, 78, 82, 96, 103. The median value is 68.
Therefore, the median of bills paid for electric consumption is 68.
B) The mean and median are both measures of central tendency that can be used to determine the average value of a dataset. The mean is calculated by adding all of the numbers together and then dividing by the total number of values. The median, on the other hand, is the middle value of a dataset, and it is unaffected by outliers.
To compute the mean, add up the values and divide by the number of values:
(52 + 68 + 57 + 96 + 78 + 48 + 103 + 82 + 71 + 62 + 51 + 24) / 12 = 65.33
The mean is 65.33, and the median is 68. Because the mean and median are so close to each other, there is no skewness in the dataset.
C) To find Q1, Q2, and Q3, we must first arrange the data in order.24, 51, 52, 57, 62, 68, 71, 78, 82, 96, 103.
Then, calculate the median of the lower half of the dataset to find
Q1:(51 + 52) / 2 = 51.5
The median of the dataset is 68, which is also Q2.
Q3 is calculated by finding the median of the upper half of the dataset.
(82 + 96) / 2 = 89
The values of Q1, Q2, and Q3 are 51.5, 68, and 89, respectively.
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The applicable income limits for Prairie acres the property to which the Davis family is applying are the era special limits because of its placed in service state true or false ?
The statement that the applicable income limits for Prairie acres the property to which the Davis family is applying are the era special limits because of its placed in service state is true.
What is income limits?In general, the phrase "income" refers to the sum of money, assets, and other transfers of value obtained over a predetermined period of time in exchange for goods or services.
The word "income limit" refers to the upper limit to which financial eligibility is compared in order to define budgetable income.
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the following balance where extracted from the book of Alfsal, a sole trader as at 31/12/2014 capital 198000 ,drawing 10700, building 300000, office equipment (cost le 22000) 15000, patent 24000, delivery van at cost63000, Accumulated depreciation delivery vans 14000, stock 01/01/2014 29000, sale485,000, purchase 196000, return outward 5300, return inward 17000, creditor 21900, debtor 34800, discount received 1400, wages and salaries 105,000, general expenses 13000,stationary 4800, tem loan(received on 01/04/2014) 50,000. vat 17300. provision for bad debts 2500. Advertising 5700. insurance 9,000. loan interest paid 1,000. bank42,600. PRSI/USU 10,200. profit and loss balance 01/01/2014 65,000. you are given the following aditional information: stock for resale at 31/12/2014 was le 19,000. stationary paid in advance was le 1,200. provision should be made for interest due on loan. the rate of interest is 6%per annum. wages and salaries are to be divided 75%for employees and drawings. building 10% of cost. delivery van 10% of net book value. office equipment 20% of cost. provision for bad debts is to be adjusted to 10% of debtors . you are required to prepare a trading and profit and loss account for the year ended 31/ 12/2014. balance sheet as at 31/12/2014.
Here is the trading and profit and loss account for the year ended 31/12/2014:
The Trading and Profit and Loss AccountFor the year ended 31/12/2014
Particulars Amount
Sales €485,000
Less: Cost of Goods Sold €196,000
Gross Profit €289,000
Less: Expenses
- Wages and Salaries (75%) €78,750
- General Expenses €13,000
- Stationary €4,800
- VAT €17,300
- Provision for Bad Debts €3,480
- Advertising €5,700
- Insurance €9,000
- Loan Interest €600
- PRSI/USU €10,200
Net Profit €157,370
Here is the balance sheet as at 31/12/2014:
Balance Sheet
As at 31/12/2014
Assets Liabilities
Cash €42,600
Bank €1,200
Debtors €34,800
Stock €19,000
Capital €213,570
Drawings €10,700
Building €300,000
Office Equipment €15,000
Patent €24,000
Delivery Vans €49,000
Accumulated Depreciation €28,000
Provision for Bad Debts €3,730
Loan €50,000
Profit and Loss €157,370
Total €618,570
Total €618,570
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how to write a letter of recommendation
Answer:
Explanation:
Letter of recommendation format
Your letter of recommendation should include five items:
A brief introduction stating who you are, your relationship to the applicant and your personal experience or expertise.
An overview of the applicant's strengths as you've experienced them and as they relate to the recipient.
A personal story that elaborates on one to two traits the applicant possesses.
A closing statement that summarizes why the individual you're recommending would be a good fit for the opportunity.
A signature that includes your name and contact information.
If the candidate hasn't provided you with an up-to-date resume and the job description, ask for them so you're fully prepared to write the recommendation. You can use the resume to understand their experiences and achievements more completely.
You should review the job description to understand what the employer is looking for in a candidate. Use it to guide what you should include from their resume and your personal experiences working with them.
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Trade School vs. College - How to Decide?
The choice to go to college or choose a trade school is a huge decision you may need to make in the near future. There are a lot of factors to consider when making this choice, so it is a good idea to start reading about the advantages and disadvantages of college and trade schools. Each path can lead to success depending on what you want to do with your life.
After reading the article, make your own list of pros and cons for both trade school and college. Highlight the most important details that will help you make your decision.
Next, develop a basic career and education plan. Your plan should briefly outline the following:
Any long and short-term goals for your education and career future
What high school and college programs might help you reach your goals
This plan can be created in any word processing program.
Once you have completed your list of pros and cons and developed your career and educational plan, answer the following questions:
The article states, “In the past, there may have been some stigma about trade schools not being a viable option to pursue well-paying, long-term careers. However, times have changed! Now more than ever students are looking for alternative education options that allow them to complete school on a faster timeframe with less financial investment.” A stigma is defined as a mark of disgrace associated with a situation or person. What does the author mean by saying that in the past there may have been some stigma about trade schools? Why do you think this stigma existed?
Why do you think this article was written? Does it seem that the author favors trade school and college as equally enriching experiences? Why?
How did the author organize the information? Did the structure of the article help you see the clear pros and cons of trade schools and colleges? Why?
What is the author’s point of view? Analyze and discuss how they distinguish their point of view from others.
What are two (or more) central ideas in this text? How are these ideas developed over the course of the article?
If you had to choose a path right now—college or trade school—which would you choose? Include details from the article that helped sway your decision.
How College Loans Exploit Students for Profit
Explain the issue Samuel discusses that has 40 million Americans in debt.
Samuel mentions three truths that you can’t ignore—briefly explain at least one of the following truths:
What is Income-Based Tuition? Discuss the three advantages to Income-Based Tuition.
4 Pillars of College Success in Science
Why did Hrabowski join the Children’s Crusade in Birmingham? What was the most important lesson that he learned?
Hrabowski states, “…most people don’t realize that it’s not just minorities who don’t do well in science and engineering.” Please explain this statement and give a brief summary regarding how Hrabowski supports this statement.
Why do students who attend the most prestigious universities in our country begin in pre-med or pre-engineering and engineering but end up changing their majors?
Explain the four things that Hrabowski’s university did to help minority students that are now helping all students?
When deciding between trade school and college, consider your career goals, personal preferences, financial situation, and long-term prospects in the chosen field. It's important to research specific programs, talk to professionals in the field, and weigh the pros and cons to make an informed decision.
Pros of Trade Schools:
1. Practical Skills: Trade schools focus on hands-on training, providing practical skills that are directly applicable to specific professions.
2. Shorter Duration: Trade programs are usually shorter in duration compared to traditional four-year college degrees, allowing students to enter the workforce sooner.
3. Cost-effective: Trade schools are often more affordable than colleges, as the programs are more focused and have lower tuition fees.
4. Job Opportunities: Trade school graduates can find employment in high-demand fields, such as electricians, plumbers, mechanics, and healthcare technicians.
Cons of Trade Schools:
1. Limited Scope: Trade schools offer specialized training, which may limit career flexibility or advancement opportunities in other fields.
2. Earnings Potential: While trade jobs can be financially rewarding, some professions may have lower earning potential compared to careers that require a college degree.
3. Perception: Despite changing attitudes, there may still be some societal stigma associated with trade jobs as being less prestigious than professions requiring a college degree.
Pros of College:
1. Broad Education: College provides a comprehensive education, fostering critical thinking, communication skills, and a broader understanding of various subjects.
2. Career Opportunities: Some careers, such as medicine, law, and engineering, typically require a college degree.
3. Networking and Resources: Colleges offer access to a vast network of alumni, resources, internships, and career services that can enhance job prospects.
4. Personal Growth: College experiences often promote personal growth, independence, and self-discovery.
Cons of College:
1. Lengthy Duration: College programs usually take longer to complete, extending the time before entering the workforce.
2. Financial Burden: College education can be expensive, often requiring students to take on student loans and potentially resulting in significant debt.
3. Unemployment: College graduates may face challenges finding immediate employment in their field of study due to market conditions or competition.
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Specific numbers or times by which individual task can be measured are most likely to be part of which of the following?
A. job evaluation
B. job standard
C. job Description
D. job review
Answer:
B. job standard
Explanation: