ACG 2021, Introduction to Financial Accounting, Fall 2000, Exam 1 :: UFL Florida Business Accounting

Adaptation A Page 1 ACG 2021C Test 1 FALL 2000 NAME _____________________________________ SS# ____________________________ Directions: Presently: Bubble in your segment number on your Scan Sheet. Fill in your name and government managed savings number on this assessment and your output sheet. 1. Listen cautiously for any remarks your delegate may have identified with the test. Peruse these directions cautiously. Inability to do so may bring about your losing focuses. 2. This test comprises of 50 various decision questions. Select the BEST answer and imprint the suitable space on the output sheet with a #2 pencil as it were. You MUST keep your sweep sheet face down on the work area at the point when you are not filling it in. 3. You may utilize ONLY a non-programmable number cruncher during the test. Utilization of some other adding machine will be considered an infringement of the respect code. Your test will be taken from you and you will get an evaluation of 0. 4. Toward the finish of 2 hours, you will be advised to stop. Put your pencils down IMMEDIATELY. Inability to do as such will bring about your getting a zero for the test. 5. The test comprises of 13 pages, including this spread, and a clear page toward the end. Ensure you have all pages and all inquiries. 6. Have your University of Florida Identification card fit to be checked when you turn in your test. 7. Accept the bookkeeping substances utilize a schedule year except if in any case noted. 8. Accept a 360-day year. 9. At the point when you are done, turn in your output sheet, just as your test. Answers will be posted on the web after the tests are given back in class. 10. The University of Florida strategy on scholastic trustworthiness will be carefully upheld. At the point when you are advised to open your test, go to the first page and discover your test code. Quickly bubble this in on your scantron. Variant A Page 2 1. As of December 31, Mesa Company has a parity of $5,000 in debt claims of which $500 is over 30 days past due. Plateau has a credit parity of $45 in the remittance for far fetched accounts. Plateau assesses its awful obligations misfortunes at 1% of current records and 10% of records more than thirty days. What change should Mesa offer to the leniency for far fetched accounts? A) $95 (credit). B) $55 (credit). C) $50 (credit). D) None, the current equalization is right. E) None of the above is right. 2. A business' asset report can't be utilized to precisely foresee what the business may be sold for since An) it distinguishes all the incomes and costs of the business. B) resources are commonly recorded on the asset report at their authentic cost, not their present worth.

Cadbury Schweppes Strategic Dilemma of Trebor Bassett Essay -- Value

Cadbury Schweppes' Strategic Dilemma of Trebor Bassett Cadbury Schweppes is a UK-based drink and confectionary bunch established in 1969 with the merger of two English gatherings (Cadbury and Schweppes). This family-oversaw bunch developed and prospered as the years progressed. It turned into a universal significant player in the late 80s and was appreciated by its companions for such a rising. In 1990 the gathering purchased two little elements from a similar business and consolidated them into a solitary unit: Trebor Bassett. The CEO of this unit before long turned into the CEO of the gathering (1993) and he at that point understood that the achievement of the previous years was earnestly in harm's way and that a genuine go should have been taken. John Sunderland (CS’CEO) and John Stake (Human Resources Director) chose to invest energy attempting to comprehend the issue and finding the adjusted arrangements. Let us perceive how to transform from a spending plan driven methodology to a supportable worth driven system. The accompanying pages will attempt to show how the point of reference achievement was in certainty an agreeable underperformance of CS, at that point how a genuine change in the method of seeing the business assisted with recouping lastly what turned into the test in 1999. I. Cadbury Schweppes in 1996: a good underperformance 1. An appreciated organization Cadbury Schweppes, brought into the world after the merger of two significant organizations in 1969, was an appreciated organization in 1996. In reality because of Sir Dominic Cadbury’s administration from 1983 to 1996, in view of a universal turn of events and a few vital acquisitions, the organization had become a genuinely worldwide player: the money related organization turnover expanded by 30% somewhere in the range of 1990 and 1996, the working benefit by 144%. This exhibition was underlined by the Most Admired UK Company Prize, granted by the agents of Britain’s top 250 traded on an open market organizations and 10 driving speculation vendor organizations. In 1996, Cadbury Schweppes accumulated exercises in two significant fields, both shopper situated: confectionary and refreshments. The refreshments branch was exceptionally serious, even more so as barely any mammoth players worked available. Cadbury Schweppes possessed worldwide packaging and association activities and sold items in 149 nations. The organization, isolated into five divisions in 1996, had a fluctuated item portfolio, in view of universal brands, for example, Schweppes or Dr. Pepper/Seven Up, gained by the gathering in 1995. With respect to the ... ...â€Å"over deliver† (= Game playing) - The Group was excessively far away from the BU and markets to value the unpredictable technique issues - Strategy of accomplishing market volume and misusing scale economy so as to secure momentary incomes â€Å"Grow greater through consistent volume increases† > value limits trying to secure volumes > unreasonable brand and bundling size expansion with no genuine promoting procedure (and danger of cannibalisation) - No Piloting devices (managers’ remarks : â€Å"A parcel of information, not a ton of good facts†) Openings Threats - Fragmentation of the market - Long term capability of the sugar confectionary business - Total desserts advertise was stale - Low end advertise : private names had just caught 20,000 tons inferable from the quality of British significant retailers - New rivalry entering the market in its most beneficial specialties - Raw material costs shooting up - Price rivalry Display 2: COMPETING ENVIRONMENT OF THE BRITISH SUGAR CONFECTIONARY MARKET The five powers model of Porter permits a superior examination of the appeal and estimation of the British sugar confectionary showcase in the 1990’s:

Essay Paper Writing Services - Find Out If You Are Getting Your Moneys Worth

Essay Paper Writing Services - Find Out If You Are Getting Your Money's WorthNeed a great deal of editing and essay paper writing services? Be sure to read about the companies that you are considering working with before making a final decision.I have a hard time writing a dissertation (for graduate school). I've always had a good grasp on how to structure essays but when it comes to academic paper writing, I'm a lost man. My essays are always too long and will go on for pages.I've looked around for advice, but no one really told me how to write a thesis statement. I'm basically asking for my life to be handed to me. I want to get all this right and have an excellent university exam score. I just can't seem to find the motivation.Well, I need help but my closest friends are family who do my reading and also course editors. They can tell me if I'm doing the right thing or not. There are many people online who are trying to sell essays writing services. One of the first questions I alw ays ask is if they are offering essays on specific topics.Many who offer their services do not offer essays on a topic that is of interest to the student because their students will not be satisfied with a bad paper. I want to get some essays written that I can use in my final exam. I'm going to pay for a great deal of revisions and essay paper writing services.Looking at a few of the well-known essay writing services is what I've done in the past. I've found the following: ESSENTIAL, POPSUGAR and EMPAC. The first one is online and is quite pricey, while the others are still offered. POPSUGAR will be the cheapest.I also like the fact that the website offers sample essays and good introductory material. EMPAC is quite costly and offers many different types of subject matter. There is also the cost of class time involved in the other classes to consider.For me, there is no point in paying for essay writing services when I can find out the material by myself from the textbook or by loo king online. What I've found the most effective way to improve my grade in college is to utilize any sort of practice assignment available on the site. I've used these out of class assignments on multiple subjects. I've found it to be the most effective way to improve.

Death Of The 19th Century - 947 Words

Pentridge Prison, built in the 1850 in the north of Melbourne, housed Victoria’s most infamous criminals, which included; Russell Street Bomber Craig Minogue, 1920’s gangster Squizzy Taylor, Hoddle Street gunman Julian Knight and Mark ‘Chopper’ Reid. Pentridge Prisons history emphasizes the changes in crime, offending and punishment over its period of operation. By the end of the 20th century, Australia was less violent in comparison to the end of the 18th and 19th centuries. Crimes that have reoccurred during this period include, homicides, assault, theft, burglary, rape, kidnapping and drunkenness in public. Graycar (2001) states that â€Å"in the early 20th century, drunkenness was seen as a crime itself and by the end, it was†¦show more content†¦Under s4 of the Abolition of the Death Penalty (1973) it was stated that â€Å"[a] person is not liable to the punishment of death for any offence.’’ The last execution at Pentridge Prison was the hanging on Ronald Ryan in 1967, ‘’the accompanying public protest was enough to ensure that it was the last execution in Australia’s history.’’ (Finnanne 2008). Since the abolition of the Death Penalty, criminals who have committed crimes such as murder were no longer sentenced to the death penalty instead; life imprisonment became the maximum punishment. During 1850 when Pentridge Prison was first opened, hard labour was introduced, prisoners had to provide labour for the construction of Sydney Road. Moreland History (2014) stated â€Å"there was a lot of bluestone in the area so the prisoners could do ‘hard labour’ by breaking up the stone and working on the unmade road.’’ During this time prisoners at Pentridge Prison slept, ate and worked in chains, they were forced to sleep on wooden benches and ate outside standing in all types of weather, for those who broke the rules or refused to work were punished by wearing heavy irons or given solitary confinement on bread and water. Moreland History (2008) further claims ‘’hard labour was introduced in the 19th century to teach prisoners the value of hard work in attempt to deter others from committing a crime.’’ During the 19th century,

What Was the Atlantic Charter Definition and 8 Points

The Atlantic Charter (signed August 14, 1941) was an agreement between the United States and Great Britain that established the vision of Franklin Roosevelt and Winston Churchill for a post-World War II world. One of the interesting aspects of the charter that was signed on August 14, 1941, was that the United States was not even a part of the war at the time. However, Roosevelt felt strongly enough about what the world should be like that he put forth this agreement with Churchill. Fast Facts: The Atlantic Charter Name of Document: The Atlantic CharterDate Signed: August 14, 1941Location of Signing: Newfoundland, CanadaSignatories: Franklin Roosevelt and Winston Churchill, followed by the governments in exile of Belgium, Czechoslovakia, Greece, Luxembourg, the Netherlands, Norway, Poland, and Yugoslavia, the Soviet Union, and the Free French Forces. Additional nations expressed support of the treaty through the United Nations.Purpose of Document: To define the Allies shared ethics and goals for a post-war world.Main Points of the Document: The eight major points of the document focused on territorial rights, freedom of self-determination, economic issues, disarmament, and ethical goals, including freedom of the seas and a determination to work for a world free of want and fear. Context Churchill and Franklin met aboard the  HMS  Prince of Wales  in Placentia Bay, Newfoundland to respond to Germanys successful attacks on Britain, Greece, and Yugoslavia. At the time of the meeting (August 9-10, 1941) Germany had invaded the Soviet Union and was on the verge of attacking Egypt in order to close off the Suez Canal. Churchill and Franklin were also, simultaneously, concerned about Japans intentions in Southeast Asia. Both Churchill and Franklin had their own reasons for wanting to sign a charter. Both hoped that the charter, with its statement of solidarity with the Allies, would sway American opinion toward involvement in the war. In this hope, both were disappointed: Americans continued to reject the idea of joining the war until after the Japanese bombing of Pearl Harbor. Eight Points The Atlantic Charter was created to show solidarity between the United States and the United Kingdom in the face of German aggression. It served to improve morale and was actually turned into leaflets, which were airdropped over occupied territories. The eight main points of the charter were very simple: First, their countries seek no aggrandizement, territorial or other; Second, they desire to see no territorial changes that do not accord with the freely expressed wishes of the peoples concerned; Third, they respect the right of all peoples to choose the form of government under which they will live; and they wish to see sovereign rights and self-government restored to those who have been forcibly deprived of them; Fourth, they will endeavor, with due respect for their existing obligations, to further the enjoyment by all States, great or small, victor or vanquished, of access, on equal terms, to the trade and to the raw materials of the world which are needed for their economic prosperity; Fifth, they desire to bring about the fullest collaboration between all nations in the economic field with the object of securing, for all, improved labor standards, economic advancement and social security; Sixth, after the final destruction of the Nazi tyranny, they hope to see established a peace which will afford to all nations the means of dwelling in safety within their own boundaries, and which will afford assurance that all the men in all lands may live out their lives in freedom from fear and want; Seventh, such a peace should enable all men to traverse the high seas and oceans without hindrance; Eighth, they believe that all of the nations of the world, for realistic as well as spiritual reasons must come to the abandonment of the use of force. Since no future peace can be maintained if land, sea or air armaments continue to be employed by nations which threaten, or may threaten, aggression outside of their frontiers, they believe, pending the establishment of a wider and permanent system of general security, that the disarmament of such nations is essential. They will likewise aid and encourage all other practicable measure which will lighten for peace-loving peoples the crushing burden of armaments. The points made in the Charter, while they were in fact agreed upon by the signators and others, were both more and less far-reaching than had been hoped for. On the one hand, they included phrases regarding national self-determination, which Churchill knew could be damaging to his British allies; on the other hand, they did not include any formal declaration of American commitment to the war. Impact The charter, while it did not precipitate American involvement in World War II, was a bold step on the part of Great Britain and the United States. The Atlantic Charter was not a formal treaty; instead, it was a statement of shared ethics and intent. Its purpose was, according to the United Nations, to be a message of hope to the occupied countries, and it held out the promise of a world organization based on the enduring verities of international morality. In this, the treaty was successful: it provided Allied forces with moral support while also sending a powerful message to the Axis powers. In addition: The Allied nations agreed to the principles of the Atlantic Charter, thus establishing a commonality of purpose.The Atlantic Charter was a significant first step toward the United Nations.The Atlantic Charter was perceived by the Axis powers as the beginnings of the United States and Great Britain alliance. This had the impact of strengthening the militaristic government in Japan.Though the Atlantic Charter pledged no military support for the war in Europe, it had the impact of signaling the United States as a major player on the world stage. This was a position that the United States would firmly hold after World War II in its efforts to rebuild a war-torn Europe.

The Social Responsibility Of Business Essay - 1959 Words

1.) Do you agree or disagree with the following quotation: â€Å"There is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say engages in free and open competition, without deception and fraud.† Milton Friedman, a Nobel Prize winning economist. In other words, the social responsibility of business is to make a profit. I do not agree with the following quote by Milton Friedman. Engaging in activities that are designed to only increase profits for a company would open doors to complications and mistakes, which is caused by the lack of customer satisfaction. The social responsibility of any business should be to take care of its customers, instead of just focusing on the amount of profit the company is making. If a company decides to just focus on making a profit, it will lose focus on providing customers with products and services that will improve their standard of living. Based off of Archie B. Carroll’s global corporate social responsibility pyramid, doing what is profitable or what is required by global capitalism is the base of the pyramid, whereas being a good global corporate citizen and doing what is desired by global stakeholders is at the top of the pyramid. Though it is important for companies to make the most amount of profit possible, it is also equally crucial for companies to contribute to their society by being a goodShow MoreRelatedThe Social Responsibility Of Business932 Words   |  4 PagesA corporation does do business within a vacuum; rather exist as part of larger collective framework of society, stakeholders and a global business community. I believe that corporations which are profitable, and promote moral and ethical standards are the benchmark of success; additionally, corporations bear a great social responsibility to the society it exists within, an simply working within â€Å"the basic rules of society, both those embodied in law and those embodied in ethical custom† is not enoughRead MoreBusiness and Social Responsibility1140 Words   |  5 PagesWhen a business gets incorporated regardless of the business size and the nature of profession requires an adequate execution methods for being successful and to achieve its goals. Some of these goals can be short-term or long-term, depends on the nature of business. Likewise, these execution methodologies can be vary time to time as the corporate needs to satisfy different groups of people such as : top hierarchy stakeholders, staffs ,shareholders, and even non-related business groups such as environmentalistsRead MoreThe Social Responsibility Of Business1422 Words   |  6 Pagesthe business be held accountable for these actions? In his essay â€Å"The Social Responsibility of Business Is to Increase Its Profit† Milton Friedman, powerful economist, discusses what a business should prioritize in the economic system. Friedman declares what a business is responsible for and the guidelines they must follow. Due to Friedman’s view, he would not have condoned the actions and decisions that the executives at Ford Motor Company took. Friedman argues that the only responsibility a businessRead MoreThe Social Responsibility Of Business1042 Words   |  5 PagesCorporate Social Responsibility is defined as a business preparation that involves participating in creativities that help society. Friedman: The Social Responsibility of Business is to increase its profits. Milton Friedman argues that the only social responsibility a business has is to itself – mainly to its profits, and therefore, its stakeholders. The business management in charge of a company works for the organization and eventually for the stakeholders. This person is responsible for carryingRead MoreThe Social Responsibility of a Business647 Words   |  3 Pagesï » ¿The Social Responsibility of Business: The role of business in the society became a major aspect across business after Milton Freedman wrote the most provocative article in 1970. As an economist, Freedman stated that the main purpose of businesses is to generate profits for its shareholders. Furthermore, he argued that companies with responsible attitudes were likely to encounter increased binding constraints unlike those that lacked these attitudes, resulting in them becoming less competitiveRead MoreThe Social Responsibility Of Business787 Words   |  4 Pages The economist and Nobel laureate Milton Friedman’s article published in The New York Times Magazine in 1970 titled, â€Å"The Social Responsibility of Business Is to Increase Its Profits.† (NYTimes, 1970) set tone for companies all across the country and all over the world. Companies start to turn in profits that shattered all charts and stock markets. Beginning in 1960s to 1990s, Capitalism had won the cold war with its arch rival the Soviet Union had withered away into the oblivion and the companiesRead MoreThe Social Responsibility Of Business1437 Words   |  6 Pagesthe business be held accountable for these actions? In his essay â€Å"The Social Responsibility of Business Is to Increase Its Profit† Milton Friedman, powerful economist, discusses what a business should prioritize in the economic system. Friedman declares what a business is responsible for and the guidelines they must follow. Due to Friedman’s view, he would not have condoned the actio ns and decisions that the executives at Ford Motor Company took. Friedman argues that the only responsibility a businessRead MoreThe Social Responsibility Of Business2053 Words   |  9 Pagesevolution-taking place; now the level of a business social responsibility has become increasingly integrated into modern business practices. This focus has seen both advantages and disadvantages to the business. However, to what extent has the use of the greater focus of a business social responsibility affected its competitive advantage in its marketplace. CSR is described as; â€Å"the principle that companies can and should make a positive contribution to society, of managing the social, environmental and economicRead MoreSocial Responsibility Of A Business1444 Words   |  6 Pagesareas of business and nonprofit management. However, Cohen’s article on social responsibility drew a lot attention from other scholars like Friedman. In view of this, this paper will discuss and define the concept of social responsibility of a business to its workers, stakeholders, and society; how the perspectives align with that of Drucker; comparing Cohen’s opinion with that of Friedman and finally determines which of the two individual’s opinion best aligns with the current business climate promotingRead MoreThe Social Responsibility Of Business1463 Words   |  6 PagesIn his paper titled The Social Responsibility of Business is to Increase Its Profits†, Milton Friedman addresses the key issue of weighing social responsib ility against profit maximization for shareholders. This conflict is the basis for Friedman’s whole paper, as he explores the two sides of the situation. In order to set up his argument, Friedman lays down a framework by explicitly stating a certain premise. This is that businessman view â€Å"social responsibility† and profit as not being mutually

Arthur Birling and fiancee of Gerald Croft Essay Example For Students

Arthur Birling and fiancee of Gerald Croft Essay Arthur Birling was a very rich man and only seemed to care about his family and how well his business and financial position was progressing. He didnt know any of his workers and didnt want to either, as he quotes I have a couple of hundred workers under me, who keep changing This shows that there was no personal relationship with Arthur or Eva Smith until the strike.  Arthur claims that his workers came back of there holidays very restless and demanded for a pay rise. Of course Arthur denies it, so all the workers hadnt came back. After a few weeks the workers were getting poor so they had to come back and beg for their jobs. Arthur decided to let them come back because he might not want to admit it but he did need them. Because of all this trouble he decided to sack the ringleaders and Eva Smith appeared to be one of them. Eva Smith was out of work now for a couple of months, and was earning no money. She had no savings and her parents were dead so she couldnt ask them for help. Eva had only few friends and they were in no financial position to help her. So I dont think that the events linked between Arthur Birling and Eva Smith are the cause of her death; she is capable of finding another job. Sheila Birling, the daughter of Arthur Birling and fiancee of Gerald Croft understands the effect she had on Eva. One day whilst Sheila was at Milwards a very nice shop, Sheila was experimenting with some hats and she new very well that they didnt suit her much so she asked Miss Francis to show her how they should be worn. Miss Francis asked Eva to put it on and show Sheila how they should be worn. Eva was a very pretty girl and the hat looked beautiful on her so at this point I think that Sheila might have been a bit jealous of Eva. When Sheila was trying the hat on in the mirror it looked quite ridiculous and in the reflection she noticed Eva Smith laughing at her. Sheila was furious and was very rude to Miss Francis and Eva. Sheila went straight to the manager and complained that Eva was being very disrespectful and wanted her fired. She also complained, that if Eva was working in the shop then next time she came in to buy clothes she would walk out immediately and never shop there again, and tell her Mother to close her account with you. It seems a pathetic reason for Eva to be fired, but customers and clients are always right. I think that Sheila was jealous of Eva and to show off her power she got her sacked from her last decent job. All these incidents are adding up and must be very painful for Eva.  Gerald Croft was the fiancee of Sheila and had a large contribution to Eva Smiths death. He had an affair with her and then just abandoned her when he felt like it. This all started when he saw her one night at the Stalls bar in the Palace Theatre. A fat man was harassing Eva, so Gerald started talking to her and found out that she was starved, jobless, penniless and homeless. He insisted that she should stay at his flat in the city because he is never there.