Bernoulli's principle

Memorandum 1: On Advice to Sucha Tees: Standing and Probability of Success in Suit against BVD Partners, Bertie, TMI, and Vinnie (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…

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,…

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…

recognition of revenues is done when they are earned, while expenditure are recognized when they are incurred. Therefore the revenue expenditure is charged in the Income Statement as and when they occur. This satisfies the basic principle of Accounting i.e. Matching Principle in which the expenses are recorded in the period of their…

Total Expenditure XYZ Ltd. has three headings of cash outflow. COGS speak to the month to month expenses of goods sold, for example, costs for direct material, energy and work that takes to make or to deliver the specific item. These expenses can be additionally called variable costs, VC, as they flex depending upon the organization's level of action/production and decide the organization's offering value that is reflected in sales forecast, including 70% of COGS (see Appendix: Section A). The…

Employees should practice ethical principles in their daily operations in the company so that they won’t involve in any unethical activities. Biovail should not overstate the revenue loss when the accident happened. The company mostly will know the estimated revenue that the company will earn…

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…

1 Advertising Credits In this case, there were only 8 out of 2,500 confirmations were sent. The sample size was too small to assess the risks of material misstatement. Therefore, the number of the confirmations was insufficient. It violated the principle of sufficiency, which is one of the determinants of persuasiveness of evidence.…