Acc 225 Week 9 Acc225 Week 9

Gross profit ratio had been declining through the period of 2008-2010, which indicates decrease of markup that the company achieved on its inventory, which also means that it lowered sales prices compared to costs.

The holding period of the partnership interest includes the partner’s holding period for the 1232 assets contributed. The

Since the majority of US thrive on the use of credit cards, the accounts receivables for a company may no longer be on a cash-to-cash basis. A company may need to sell these accounts to other companies who specialize in handling accounts receivables if they need cash more quickly or if it would be too costly to perform the necessary billing to collect on the account.

Target Corporation was founded in 1902 by George Dayton, a banker and real estate investor, the original name was Dayton Dry Goods Company, later in 1911 becoming Dayton Department Store, and in 1962 becoming Target a discount chain store. Target and its iconic red bulls-eye, named because it is a marksman’s goal to hit the center mark, much as it was Target’s goal to do the same in terms of retail goods, services, community commitment, price, value, and overall experience (Target.Com, 2012). 1967 saw Target grow from a regional department store to national retailer. In 2009 Target

Larson Inc. must consider the alternative economic futures for their industry. In any market, economic conditions will change over time. The company must be able to adapt and change with the economy to remain successful. The company needs to find solutions for the changing economy to keep increasing their revenue and decreasing their costs. The economy may go through a recession, expansion and peaks over their years in business. Larson, Inc. needs to analyze the difference scenarios and determine the best course of action for each type of economic future. Also, the company must consider the economy’s stage in the business cycle to make well-informed decisions.

Through using the IDEA software, I was able to dive deeper into the recorders of Troy Township. I was able to import Troy’s fiscal year transaction data and run multiple analysis on the data. IDEA is an easy-to-use software that took the difficulty out of the sorting and configuring reports that could show exactly what I was looking for. I was able to create many useful reports that helped me get to the bottom of the fraud that I believe was happening at Troy Township. The records I will be evaluating are; a record count report, a material amount report, a highest expenditure report, a day specific report, a Benford’s report, a duplicate report, and a name specific report. All these reports have their own bit of useful information that had led me to the conclusion that fraud is occurring at Troy.

The boards proposed a standard by which revenue would be recognized entirely based on the firm’s contract with the customer. Any remaining rights or obligations in the contract would give rise to net contract assets or net contract liabilities. Under the proposal, revenue would be recognized based on the changes in rights and obligations under a contract entered into with a customer. Rights (assets) arise from a customer’s promise of cash or other compensation while obligations (liabilities) arise from the firm’s promise to transfer assets to the customer. Revenue is recognized whenever there is an increase in contractual assets or a decrease in contractual liabilities or a combination of both. Remaining rights under the contract are measured, the balance of which will create a net contract asset or a net contract liability.

The knowledge and understanding that we want for each of the eight categories is as follows:

Describe your answer for each item below in complete sentences, whenever it is necessary. Show all of your calculations and processes for the following points:

Part 1: Short discussion, determine if each of the following questions is true or false and defend your position in a brief discussion if you think it is necessary. Write your answer, T or F, to each question in the following Answer Table. (10 questions at 1.5 points each, 15 points totally)

Answer: a) When the sales force is having relation with the target cost and able to estimate the sale cost then depending on the situation they can make an increment in the sales cost to sell the product.

Written Assignment The Financial Ratios According to Weaver Corporation financial statements for the year 2013. Calculate the following: (1) Current ratio = Current Assets

Answer each problem thoroughly. Each problem is worth 10 points. Make sure to provide detailed explanations for each part of each problem.

It has been three weeks since I ordered my Jordan Retro V’s. I purchased the shoes online October 17, 2014 and paid $279.99 including shipping and tax. My shoes have just arrived November 23, 2014, and when I opened the box it appeared to be the wrong shoe and shoe size. I opened the box and the shoe size was an 11, but I ordered a size 9.5. I also realized the shoes were Jordan Retro IV's, and I ordered some Jordan Retro V's the Oreo's.

Located in the heart of downtown Charlotte, the Ritz-Carlton is an elegant, understated and modern hotel with an edge. The hotel is the only building in the Ritz-Carton line that has been recognized for its eco-practices, achieving LEED Gold–certification. It has two rooftop gardens that feed the on-site restaurant, and two bee hives that add honey to the hotel’s signature ice cream.