Good morning brothers and sisters! Wednesday night Uncle Michael called and asked me to
speak on either a Book of Mormon Story or the origin of the Book of Mormon. I chose to speak
on a Book of Mormon story and one of the first ones that came to mind and
Acquisition and Expenditure Cycle
The basic acquisition and
expenditure activities include:
Purchasing goods and services
Receiving the good or service
Recording the asset or expense
and related l
1. The one of the five competitive pressures that is creating the strongest competitive pressures
for our company is stemming from buyer bargaining power.
2. The weapons of competition that rival companies in our industry can use to gain sales and market
Clever Interactions, Inc.
For the Year Ending December 31, 2014
Cost of Goods Sold
Marketing & Promotions
Employee Related Expenses
Our company seems to be in sound financial condition. We need to be able to
produce more so we can meet the demand. We lost 327,000 due to stockouts. We also
need to improve our S/Q rating.
We will create customer value by giving them high
No appendix in book.
The three measures of financial performance in which our company did best were
return on investment, revenue, and liquidity/working capital. The three measures in
which our companys financial performance was worst were probabili
What is the objective of financial reporting?
Provide information that is useful to management in making decisions.
Provide information that clearly portray nonfinancial transactions.
Provide information about the reporting entity that is use
Homework Assignment 2
(The fundamental qualitative characteristics that make accounting information
useful are relevance and faithful representation.)
(Relevant information is not only pr
1.) Accumulated other comprehensive income- is a general ledger account that is
classified within the equity section of the balance sheet. It is used to accumulate
unrealized gains and unrealized losses on those line items in the income statement that