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DISCUSSION 1 What are values and ethics? Where or how are they formed? Can leaders influence the values and ethics of their followers? Can integrity be taught? If so, discuss some strategies that can be implemented to do so. If not, explain why. (Do not attempt to address all of these points in your…
Adjusting entries are needed to ensure the revenues and expenses are recorded in the correct period. Four different types of adjusting entries are required for accrual basis accounting: Deferred revenue. Deferred expenses. Accrued revenue. Accrued expenses. Choose one of these types of adjusting entries, and then discuss the accounts that would be impacted…
WILL YOUR BUSINESS MAKE A PROFIT? Keep in mind that we are still in the Car Wash business in Texas. You found an existing building or land and can grow faster than the Industry average. Porter’s Generic Model of Competition has helped you pin point an entry wedge with unique customers.
Evaluate the importance of creative thinking in the process of developing a strategy for an organization. Provide support for your response.
Describe pro forma income and the importance of pro forma income in the evaluation of the income statement. Choose at least two items that are excluded from pro forma income. Suggest to management why including the items would be misleading to investors and creditors.
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