Inventory costing options

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Our staff of freelance writers includes over 120 experts proficient in inventory costing options, therefore you can rest assured that your assignment will be handled by only top rated specialists. Order your inventory costing options paper at affordable prices! over the next fiscal year is considered an asset and therefore taxable. Since inventory space is costly, poor inventory management can result in the need to expand warehouse storage and can result in a decrease of profit. The main benefit of keeping high levels of inventory is that it will ensure high level of sales and customer service. This is because a company will be able to meet customer demand.

A major part of financial reporting is the determination of the cost of the ending merchandise inventory. There are four methods that can be used and each method will generate a different outcome and each is used according to a businesses needs. A company that could use all four may be Costco. Since they sell a variety of different

1. Specific identification is practical when a company can positively identify which particular units were sold and which are still in ending inventory. Specific identification would be used for companies like auto dealers where they can keep specific records because each auto has a VIN number.

. The weighted average method means that the costs of sales are determined by the average cost of the items were purchased determined at the time of sale. The weighted average is mainly used by gas stations. When new gasoline is purchased it is mixed in the tank with the previous gasoline.

. First-in, first out, (FIFO) method assumes that the first unit making its way into inventory is the first sold. FIFO should be used where inventories (particularly perishables) are kept.

4. Last in-first-out (LIFO) is the opposite of FIFO. This method assumes that the last unit making its way into inventory is sold first. The outdated inventory is therefore left over at the end of the accounting period.

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A reference for a teacher

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Add the date (ask if the person doesnt want a date in the reference)

To Whom It May Concern

Re A reference for xxxxxxxxxxxxxx

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Please find enclosed a reference for xxxxxxxxxxxxxx currently a Year Four teacher at xxxxxxxxxxxxxx.

I have known xxxxxxxxxxxxxx for a two year period. In the academic year 00, I had the pleasure of having xxxxxxxxxxxxxx as my teaching partner.

In the time that I have worked with xxxxxxxxxxxxxx I have found her to be a patient, caring teacher who works to further the best interests of her students. On numerous occasions I have observed xxxxxxxxxxxxxx working with difficult students, at such times she displayed a professional manner which increased student knowledge and boosted the desire of her pupils to learn. xxxxxxxxxxxxxx's class work is always well prepared and it wasn't unusual to find xxxxxxxxxxxxxx working in her classroom at 700 a.m. Planning sessions spent with xxxxxxxxxxxxxx were always interesting, as her ideas were often refreshingly original. xxxxxxxxxxxxxx's dealings with parents have been characterized by a high level of sensitivity and competence. These attributes are of enormous importance when working in a small community such as xxxxxxxxxxxxxx.

In addition to my professional relationship with xxxxxxxxxxxxxx I have had the pleasure of observing xxxxxxxxxxxxxx in a social setting. She is a fun loving young lady with a keen sense of humour.

I have no hesitation of recommending xxxxxxxxxxxxxx for any teaching position. Any employer would be lucky to have this person working for them.

Yours sincerely

...................................................................................

Add your name to this section

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Business

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Owned by Sam Walton Wal -Mart is one of the leading discounting stores in the United States of America. With discounting accounting for 1% of sales and 6% of pretax profit in 185 has made it the leading discounter in both profitability and growth, and with sales continuing to increase with time many analysts predict good times are ahead for the business.

Analysis of Wal-Marts Competitive Advantage VS Competitors

The corporate History in exhibit 1 of the case shows Wal-Marts history from the year 176 to 185. We start of by the net sales which are steadily increasing with time; in addition the company started with $46(million) in sales and in 185 it had increased to $8451(million). The main reason for that is the discount operations method that they used. Table 1 shows the industry net sales was 100% and for Wal-Mart 100%.

Industrial operating expenses was .% in contrast to Wal-Mart which equaled to 17.5%and the main reason behind this difference is the increase in net sales of the company which brought with it an increase in operating expenses. Furthermore to have a high percentage of operating expenses then the net sales should be high.

Payroll expenses for the Industry equaled to 11.% in comparison to Wal-Mart which has payroll expenses of 10.1%. In terms of wages and salary expenses Wal-Mart was considered to be tightfisted and in the late 170s the expenses accounted for 11.5%. But because of improvements in labor productivity and capital investments the number dropped to 10.1% which was less then the industrial average.

Advertising expenses for the industry equaled to .% even though many of the companies had good levels of growth. In contrast to Wal-Mart which had advertising expenses of 1.%, which was a slight increase then the late 170s.the basic fact of television advertising which increased from 4.7 million in 177 to $16. million in 185 but they also dropped back when they actually established a presence in the market.

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Computer Chips

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Thanks to the many applications and appliances that have come from the computer chip Americans have become less dependent on themselves and more dependent on automation. This, in turn, has produced a lazier generation with an inferior work ethic. Creating increased reliance on a piece of silicon rather than using their own brain. The simple but powerful computer chip has shortened the existence of man.

Many humans could not live without the computer chip. People have become so dependent on computer chips to control fax machines to send work, take in and process information on computers, and doctors who use all types of machines that are controlled by computer chips to diagnose symptoms. Although there are promising applications for computer chips, they have taken the jobs of many Americans. In the past many assembly lines were done manually with people putting the pieces together. Now many assembly lines are computer controlled by a computer chip. It also use to be that people did simple things for them selves, such as water the garden or mow the lawn. Now when requested by parents to their teenager the teenager is more apt to find a effortless and automated way to get the chore done. In this situation the teenager might suggest the easy way out by saying let the automated computer chip controlled water sprinkler take care of it. Or in the case of mowing the lawn the teenager might use a robotic lawn mower which is controlled by a computer chip to cut the grass. While they stay in the house sitting on the couch watching t.v.

It runs cars, it powers computers, and helps Americans through everyday life. The computer chip has become as essential to human existent just as air or water. Today humans use computer chips hundreds of times a day without thinking twice.

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Interesting personality

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Our staff of freelance writers includes over 120 experts proficient in Interesting personality, therefore you can rest assured that your assignment will be handled by only top rated specialists. Order your Interesting personality paper at affordable prices! J.R.R. Tolkien

I have read many novels by different authors but have found J.R.R Tolkien's work most interesting. That's because he himself is a very interesting and creative person.

John Ronald Reuel Tolkien was born on rd Jan 18 in Bloemfontein South Africa. After some years his family moved to England. Tolkien spent a happy childhood in the countryside and his sensibility to rural landscape can clearly be seen in his writings and pictures.

As a student he had a great passion for languages and mythology. He discovered more and more about languages and after a while found out about Anglo-Saxon. After he had studies this he started to study Middle English. All this ended in his own language called "Elvish" which is used in his books. His research into ancient tales and his lifetime fascination with languages, both ancient and modern, had a great influence on the structure and content of his epic tales.

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He had a fantastic vision of a place called middle earth, which expanded, in the form of his novels "the Hobbit" and "The lord of the rings". His novels are full of beautiful songs, which make them more interesting, and they also contain maps and pictures of imaginary places, which bring reality into them. His novels are based on mythology but after reading them one feels that this all has actually happened. His novels "Lord of the rings" has been made into a movie which like his novels gained immense popularity.

Apart from writing novels he was also a critic and a professor of literature and Anglo-Saxon at the oxford university.

He died in 17 due to illness but he is still alive in the hearts of his fans.

I sit beside the fire and think

Of people long ago

And people who shall see a world

That I shall never know.

J.R.R Tolkien

The lord of the rings.

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FILM

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Nowadays,people can get almost any information from films,books or the internet,but some information can have negative influences on young people and even our society. The following essay discusses whether there should be censorship of information in society or not.

To begin with, some information is harmful for children, therefore we should protect children from some information. By this I mean, children are easily influenced and they cannot distinguish what is right or real and what is wrong or unreal, as they are immature, and hey probably imitate what they have seen. As a consequence, we should protect children from some information such as excessive violence or obscene material, so that they can grow up to be valuable members of society.

Another point to bear in mind is that some information which could be harmful to society should be censored. For example, some material that encourages racism,violence or terrorism threatens social security, and it might lead to some serious social problems, such as crimes. Therefore, the government should ban this kind of information in films,books or on the internet.

However, people do have the right to choose what they what to know, and they should be allowed access to most information. Further more, most adults are good people and will not be influenced in a negative way easily, thus they should have the freedom to decide what they want to know, and the government should not censor all information, as the government is only a group of people after all.

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In conclusion, parents should strictly control what their children watch or read, and the government should censor such information in children's books, films or websites. In addition, the government should ban some information which encourages racism, violence and terrorism, as it is harmful to society. However, on the other hand, since it is people's right to choose what they want to know, the government should not censor most information.

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I,myself,and me

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Our staff of freelance writers includes over 120 experts proficient in i,myself,and me, therefore you can rest assured that your assignment will be handled by only top rated specialists. Order your i,myself,and me paper at affordable prices! Hey Everybody,

I have the first WWF raw game , and I thought It was GREAT!!!!!!!!! But I heard they were coming out with a new one , so I had to look right into it . ANd this game looks to be going GREAT ! and I am planing on getting it . IT has great wrestlers in it , and great match types ! SOME ARE HELL in a CELL , and TLC (Tables,ladders,and CHAIRS) Matches!The confirmed wrestlers are , The rock , Stone cold , Undertaker ,and more!

Oh yeah they have () raw stadiums Old and new , and () Smackdown stadiums old and new! the game looks great and I am definitly getting it !!!!!!!!!!

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7 of people found the following review helpful

The Best Wrestling Game!, July 16, 00

Reviewer A gamer from St. Louis, Missouri United States

Roster

1. Batista

. Big Show

. Billy Gunn

4. Billy Kidman

5. Booker T

6. Bradshaw

7. Brock Lesnar

8. Bubba Ray Dudley

. Chavo Guerrero

10. Chief Morley

11. Chris Benoit

1. Chris Jericho

1. Christian

14. Chris Nowinski

15. Chuck Palumbo

16. Crash Holly

17. D-Von Dudley

18. Eddie Guerrero

1. Edge

0. Goldberg

1. Goldust

. Hardcore Holly

. Hulk Hogan

4. Hurricane

5. Jacqueline

6. Jamie Noble

7. Jazz

8. Jeff Hardy

. John Cena

0. Kane

1. Kevin Nash

. Kurt Angle

. Lance Storm

4. Lita

5. Mark Henry

6. Matt Hardy

7. Molly

8. Nidia

. Randy Orton

40. Rey Mysterio

41. Rhyno

4. Ric Flair

4. Rico

44. Rikishi

45. Rob Van Dam

46. Scott Steiner

47. Shannon Moore

48. Shawn Michaels

4. Spike Dudley

50. Stacy Keibler

51. Stephanie McMahon

5. Steven Richards

5. Stone Cold Steve Austin

54. Tajiri

55. Terri

56. Test

57. The Rock

58. Undertaker

5. Tommy Dreamer

60. Torrie Wilson

61. Triple H

6. Trish Stratus

6. Victoria

64. William Regal

Non-Playables

65. Jonathan Coachman

66. Michael Cole

67. Jim Ross

68. Jerry Lawler

6. Eric Bischoff

70. Earl Hebner

71. Tim White

7. Mike Chioda

7. Nick Patrick

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