Balance of payments

(1) Sucha Tees v. BVD Partners, 2) Sucha Tees v. Bertie, 3) Sucha Tees v. TMI, 4) Sucha Tees v. Vinnie) I. Issue and Relevant Questions Sucha Tees seeks payment for $1000 spent on their custom t-shirts? Do all four defendants—Vinnie Pacciotto, Bertie Vastar, TMI, and BVD Partners—all assume liability for the payment? If so, how will payment be divided? If not, who (if any of these parties) should assume the liability? Ultimately, did any of these parties breach contract? Lastly, are Bertie…

GOPPAR is the Gross Operating Profit Per Available Room. The GOPPAR is calculated by dividing the GOP available by the size rooms multiplied by the opening days will be divided (Appendix A). The overheads management, marketing, maintenance, energy, cleaning, disposal, and other expenses, including variable and fixed cost, are also imputed to fold to the divisions. Hotelier can boost up GOPPAR by increasing the ADR. GOPPAR, in general, provides an accurate indication of profitability as well as,…

This section divided in two cases: a first case is an inventory model designed for retailer and second case is an inventory model designed for the supplier. 4.3.1 Case I: Inventory model of the first cycle (0 ≤ t ≤ T) designed for retailer At first, at t=0 retailer has his delivery and put up for sale at a stock dependent demand rate. The stock for retailer decreases due to the combined result of demand and deterioration. At t=t1 inventory becomes zero and shortages occurs during the period [t1,…

Chapter 2: Empirical Research The two cases that will be used in the empirical research, Bubble Post and Blue Gate Antwerp will be analyzed under the following categories:  Background  Characteristics and Operation  Vehicles  Financial Profile  Social benefits and  Concluding remarks. 2.1 BUBBLE POST As aforementioned material that will be used to analyze Bubble Post are from answers to questionnaire attached in the annex of this document and the following links: [1]…

Altman Z-Score The Altman Z-score is the output of a credit-strength test that gauges a publicly traded manufacturing company's likelihood of bankruptcy. The Altman Z-score is based on five financial ratios that can be calculated from data found on a company's annual report. It uses profitability, leverage, liquidity, solvency and activity to predict whether a company has a high degree of probability of being insolvent. Altman Z-Scores and the Financial Crisis In 2007, the credit ratings of…

After practicing one of Ben Franklin’s 13 traits for 3 days, write about your experience below 1. What character trait did you choose? I chose Ben Franklin’s character trait of order. 2. Why did you choose this trait? (This should be at least one well-developed paragraph.) I chose order because I felt it would apply to me the most and would help provide me with insight and reflection on my daily life choices. Currently, I am enrolled in two online classes and both my teachers have…

generates benefit for the current year only. 2. The major difference between the two is that, the Capital expenditure is a one time investment of money. On the contrary, revenue expenditure occurs frequently. 3. Capital expenditure is shown in the Balance Sheet, in asset side, and in the Income Statement (depreciation), but Revenue Expenditure is shown only in the Income Statement. 4. Capital Expenditure is capitalized as opposed to Revenue Expenditure which is not capitalized. 5. Capital…

The motivation behind why the growth of total income is not ready to keep closing balance from diminishing is on the grounds that higher sales require extra crude materials for additional production and in this manner, cause VC to ascend at higher values than the organization can recover cash receipts which are being issued using a loan…

STATEMENT OF THE PROBLEM After a thorough reading and understanding of the case of Biovail Corporation: Revenue Recognition an FOB Sales Accounting, first issue or problem that arise is regarding the policy of the accounting for revenue recognition. Since the stock of Biovail was listed on the New York Stock Exchange, they are complied with the U.S GAAP which mentioned that revenue must be earned and realized or realizable for it to be recognized. Under SAB 101, there are four criteria which…

The role of an accountant has variety of different activities. While an accountant has various elements while working the two that priorities out are: ethics and business sense. Having a excellent business sense would help identifying a successful business. As for ethics this is looking at whether a business is behaving in the correct way. Both of these skills would help a future accountant to develop. Business sense would let the accountant to see what a business is doing well and what they…