Kim Fuller

In: Business and Management

Submitted By dkroop
Words 761
Pages 4
1. Accounting information is information that is expressed in monetary terms, while non-accounting information is expressed in numbers but not in a monetary format. Accounting information can be categorized in the following 4 areas:
Operating information-This type of information is needed in the day to day operation of Fuller’s business, information such as employee payroll, operating expenses, and inventory. Fuller will also need to know what customer owe the business through Accounts receivables.
Financial Accounting- This type of information is geared more for managers and also for external parties such as shareholders (in Fuller’s case, her siblings), the bank and other creditors. The amount of liabilities she has in the form of Accounts payable and loan payable, bank reconciliations, the cost of the assets in the plant and equipment owed by the business, the amount of the mortgage payable and record of owners’ equity would fall under financial accounting.
Management Accounting- This type of information is a summary of planning, budget, implementation and control. These types of reports would be generated for internal use for managers to use the data for their specific department and help run the business overall.
Tax Accounting- This type of information focuses on tax issues where a business has elected to use different accounting rules for tax accounting and financial accounting. Fuller would be accountable to keep accurate records to tax filing purposes.
Types of non-accounting information beneficial for the company could include: how fast the grinding machines per hour, the number of raw material bottles needed to produce an amount of finished material, number of deliveries per week of raw material, the number of machines on the shop floor, contracts with the local businesses, number of employees on a given shift.
2. The assets for Kim Fuller’s…...

Similar Documents

Kim K

...sociological texts are REALLY INTERESTING. For example: What does our obsession with Kim Kardashian, her relationship with Kanye West, and their unborn baby say about us as a culture? ou guys, celebutant lives when viewed as sociological texts are REALLY INTERESTING. For example: What does our obsession with Kim Kardashian, her relationship with Kanye West, and their unborn baby say about us as a culture? ou guys, celebutant lives when viewed as sociological texts are REALLY INTERESTING. For example: What does our obsession with Kim Kardashian, her relationship with Kanye West, and their unborn baby say about us as a culture? ou guys, celebutant lives when viewed as sociological texts are REALLY INTERESTING. For example: What does our obsession with Kim Kardashian, her relationship with Kanye West, and their unborn baby say about us as a culture? ou guys, celebutant lives when viewed as sociological texts are REALLY INTERESTING. For example: What does our obsession with Kim Kardashian, her relationship with Kanye West, and their unborn baby say about us as a culture? ou guys, celebutant lives when viewed as sociological texts are REALLY INTERESTING. For example: What does our obsession with Kim Kardashian, her relationship with Kanye West, and their unborn baby say about us as a culture? ou guys, celebutant lives when viewed as sociological texts are REALLY INTERESTING. For example: What does our obsession with Kim Kardashian, her relationship with Kanye West, and their......

Words: 397 - Pages: 2

Suki Kim

...Suki Kim’s story “Facing Poverty With a Rich Girl’s Habits” was published in the New York Times back in November 2004. Suki Kim originally lived in South Korea where her dad owned a pretty reputable company. Things were going pretty well for the family until she entered the seventh grade. Her dad’s lost all of his money in an instant and since bankruptcy was punishable by law in South Korea, they had no choice but to leave their comfortable living style in South Korea and decided to start over in the United States. They ended up moving to Queens, New York in 1983 to a two family brownstone that Suki didn’t find attractive. She was comfortable in the life she had in South Korea that coming to America and moving into a two family brownstone was a shock to her core. It was something that she wasn’t used to. At the age of 13, Suki was trying to adjust to her new life in New York. She began taking public transportation back and forth to her new school. She didn’t have the luxury of having a driver or doing homework with someone watching over her nor was she use to washing her own clothes. She actually found these things embarrassing but I believe she was beginning to understand how she had to live for the time being. She also had to get used to being called ‘Asian’ and the only time she heard that term was when she was in a social studies class. I believe the writer’s purpose was to show you her transition from Korean life (living in a mansion, having personal drivers and......

Words: 579 - Pages: 3

Patton Fuller

...computations to Patton Fuller Community Hospital taken from Audited and Unaudited Reports from year 2008 and 2009. Team E will indicate the significant changes from 2008 and 2009 that occurred. From 2008 and 2009 the remaining assets reduced, but showed an increase in the hospital’s obligations. The hospital is at the moment creating an adequate revenue to comprise the debt of the hospital from increasing in expenses. The Revenue needs improvement to avoid the debts of the hospital upsurge. To stipulate excellence service, the hospital will need to increase the quantity of patients seen and in due time increase the revenue. In finalizing our paper, we will determine the explanations that our team agrees or disagrees with the CEO’s report presented to the board. Conclusion Patton Fuller Community Hospital’s ambition is to become a reliable organization among its patients and stakeholders by delivering absolute care to the patients and by improving the prospect of stakeholders. In today’s economic crisis with the effects of rising health care costs, and the demand for economical care management is one of the most important priorities to patients. Patton Fuller empathize the need to focus on the evaluations of stakeholders, patients, providers, medical doctors, and staff in the cooperation course of action. It is appropriate for the organization to deliver a guarantee healthcare option for patients, healthcare professionals and medical doctors, Patton Fuller empathize the......

Words: 256 - Pages: 2

Johny Fuller

...The ethics case of Johnny Fuller is a simulation of a business dilemma that we, through the different concepts learned in Accounting, can analyze and criticize inappropriate behavior and decision making. To recall, the case was about Johnny Fuller paying his full-time employees in cheque, while he paid his part-time employees with cash directly taken from the cash register. Aside from which, albeit Mary Lake, Johnny’s public accountant, urging Johnny to pay all employees by cheque, Johnny himself still would not consent with her suggestion. From this case, we can clearly analyze and criticize the responsibilities of the stakeholder, the public accountant, as well as correct erroneous decisions through various concepts learned in Accounting. Johnny Fuller is the owner and the manager of Johnny’s Restaurant, making him the stakeholder of the enterprise. As a stakeholder, he is expected to be transparent, accountable, and responsible; however, the case portrays how he does not meet these expectations through his decisions. In fact, he went against the concept of adequate disclosure as he inappropriately paid his part-time workers with money directly taken from the cash registrar. Remember that all business transactions must be adequately supported by information recorded properly. Continuing, first reason why he went against the concept of adequate disclosure: the transaction behind taking money from the registrar and handing it to employees does not appear in the Financial...

Words: 625 - Pages: 3

Kim Fuller Case 1-2

...Anthony Case 1-2: Kim Fuller 1. In order for Kim Fuller’s plastic bottle grinding business to get off the ground she will need to manage the business with non-accounting and accounting information. The following information to run the business is non-accounting information, as it is not owned by the company did not occur through a monetary transaction: 2 grind machine workers, 1 truck drive, 1 accountant, and the 2 contracts with bottling companies. The remaining information is categorized as accounting information, as it is owned by the company, may provide future economic resource, and occurred through a transaction: 1 used truck, 2 trailers, 1 used grinding machine, 1 new grinding machine, 1 new computer, 1 warehouse, 3 investors’ deposits, 1 mortgage loan, and the owner’s initial investment into the company. 2. Below is the beginning balance sheet for Kim Fuller’s Business. a.) [pic]b.) To address the question of how Fuller should go about putting a value on the company’s assets, she must utilize the generally accepted accounting principles (GAAP) regarding the worth of her assets. Specifically through these principles, Fuller will be able to determine the fair value or cost of each asset – as a transaction occurred for each purchased item of equipment. Additionally, she will be able to add the value of the Warehouse based on the value at the time of her purchase. Through associating a cost with each, Fuller can easily......

Words: 332 - Pages: 2


...Randel Patton- Fuller Community Hospital The network’s fundamental characteristics and components- The Patton-Fuller Community Hospital is serving the public and they have the responsibility of providing good service and protecting each patient’s rights. The Health Insurance Portability and Accountability Act (HIPAA) outlines the principles and requirements that the hospital must use to ensure they are protecting patient’s rights. In the Patton-Fuller Community Hospital there are a large amount of Protected Hospital Information that needs to remain protected to meet the standards that HIPAA defines. The network is a 1000BASE-T, which supplies 1Gigabit of Ethernet connectivity over 5 cables (CAT5). This long-haul, copper-based standard is ideally suited for use within the data center because which is used in all the clinical areas of the hospital such as Emergency rooms ,Operating rooms, Pharmacy, Labs, doctor’s offices, Wards, Outpatient examining rooms, and Intensive Care Units (ICU’s) but the throughput of copper wire connections leaves room for improvement. The Administrative sections of the hospital such as IT Department, Admitting/Discharge, Facilities, Human Resources (HR), Finances, and Hospital Senior Management are using 1000BASE-T network structure. “The backbone network structure for the entire hospital is 1000BASE-T. Individual sections of departmental networks such as Radiology use different standards such as 1000 Base. ”  Patton-Fuller Community......

Words: 3258 - Pages: 14

Klim Fuller

... 162,000 Owner’s Equity Paid-in Capital*  $ 165,000 $277,000 $ 277,000 Note: Cash* = Fuller’s Saving + Sibling’s Investment – Equipmnt Cost – Warehouse Depst = $75,000 + $90,000 - $65,000 - $50,000 = $ 50,000 Mortgage* = Warehouse cost – Warehouse Deposit  = $ 162,000 - $ 50,000  = $ 112,000 Paid-in Capital = Fuller’s saving + Sibling’s Investment  = $75,000 + $90,000 = $165,000 Question 3 Information required to do profit and loss are revenues, cash of sales, administrative expenses, operating expenses and taxation. Fuller should prepare income statement and cash flow statement to keep track of his business. The financial statements can be done quarterly since it’s a small business but as the business grows, Fuller should do it monthly basis or weekly basis to keep his business under control. Question 4 Fuller should keep track of his assets depreciation or appreciation value; indentify new assets purchased with estimated lifespan of the assets. Changes in liabilities such as interest rate, mortgage tenure, and progressive interest charged by the banks, assets which changes from mortgage to owner’s equity. For owner’s claim, he should know how much he could claim as his salary and capital/dividend payment to investors/shareholders....

Words: 269 - Pages: 2

Kim Taehyung

...allowances of children in household h; X,Y and H are vector of exogenous characteristics; β 's are the associated vectors of coefficients; αh is the ‘household’ specific unobservable effect and ηhc is a random error term. We assume a random effects specification, where 2 ηhc ~ IN(0, ) σ c , and in order to marginalise the likelihood it is assumed that, conditional on the covariates, αh are ( ) 2 0,σ α IN and are independent of the and the covariates ηhc . This implies that the correlation between the error terms of children who live in the same household is a constant given by: 2 2 2 ( , ) hl hk corr l k α α η σ ρ νν σ σ == ≠ + (13) Thus, ρ represents the proportion of the total variance contributed by the panel level variance component. A fuller discussion of the Random Effects Probit model and the associated likelihood function can be found in Arulampalam (1999). The likelihood is computed using 20 point GaussHermite quadrature (see Butler and Moffitt, 1982). This model is again estimated for both the basic and extended regressor set in order to test the robustness of the coefficients to the inclusion of the external altruism variable. Given the richness of our data, the covariates in the basic model are: Z = age (and it's square), gender and ethnicity; Y = the child's amount of external income (external income is entered as a quadratic, following extensive tests for functional form); and H = years of education of the mother and father, age of the mother and father, the log......

Words: 9532 - Pages: 39

Kim Fuller Case

...and the Assignment Questions: In early fall, Kim Fuller was employed as a district sales engineer for a large chemical firm. During a routine discussion with plant chemists, She learned that the company had developed a use for the recycled material, in pulverized form, made from plastic soda pop bottles. Because the state had mandatory deposits on all beverage bottles, Ms. Fuller realized that a ready supply of this material was available. All that was needed was an organization to tap that bottle supply, grind the bottles, and deliver the pulverized plastic to the chemical company. It was an opportunity Ms. Fuller had long awaited—a chance to start a business. In November, she began checking into the costs involved in setting up a plastic bottle grinding business. She acquired a used truck and three trailers to pick up the empty bottles. She purchased one used grinding machine but had to buy a second one new. She also purchased supplies and parts necessary to run and maintain the machines. Finally, she purchased a personal computer with the intention of using it to keep company records. These items used $65,000 of the $75,000 Ms. Fuller had saved and invested in the company. She found a warehouse costing $162,000 in an excellent location for the business, and was able to interest family members enough in this project that three of them, two sisters and a brother, invested $30,000 each. These funds gave Ms. Fuller the $50,000 down payment on......

Words: 630 - Pages: 3

Kim Jong

...of a North Korean diplomat. He understandably struggled in classes taught in German and English. He assumed power when Kim II died, in December 2011, and at around the same time he was wed, in an arranged marriage, to Ri Sol Ju, a former cheerleader and singer about five years his junior. Kim slowly pulls the country out of its Dark Age and lives a long life, overseeing decades of moderate prosperity and perhaps cracking open the door to more domestic freedom and better relations with the West. The problem with best-case scenarios is that reality usually intrudes. One of the most unsettling things about Kim Jong Un is his tendency to act unpredictably, even bizarrely. It may be, as Pinkston maintains, that Kim is “totally on top of it” and that “people underestimate him at their peril.” But it’s also true that he inhabits a kind of never-never land. The most hopeful reading of Kim’s rule so far is that maybe—maybe—he is on the path to becoming a relatively benevolent dictator, at least by the grim standards of his father and grandfather. When North Korea-watchers talk about a best-case scenario, it looks like this: Kim slowly pulls the country out of its Dark Age and lives a long life, overseeing decades of moderate prosperity and perhaps cracking open the door to more domestic freedom and better relations with the West. Supreme Leader Kim Jong-Un used his talent, intelligence and deceptively hard work to become the only top-ranked military figure in the......

Words: 803 - Pages: 4

Ski Kim

...Assignment 1: Summary and Personal Response Chantel Kish Matt Norsworthy English 115 01/12/2016 I have chosen to read and review “Facing Poverty with a Rich Girls Habits” By Suki Kim. I think the most important point in her Essay is that it is possible to adapt and adjust to a new way of life and new things in life and succeed. It couldn’t have been easy to migrate from South Korea to a new country and not know a single word in the native language (English). I don’t think the adjustment to her new social class would have been as difficult as learning a whole new Language not to say changing social class wouldn’t be difficult. I have taken language courses before for enjoyment and leisure travel, but to be forced to learn a new language would be so challenging I couldn’t imagine the difficulty she had in school. It would also be so extremely difficult to be thrown into a whole new culture and not know what NORMAL is any more. Not only did she switch cultures she also changed her social status. Even though she “found it humiliating to wheel our dirty clothes to a bleak place called a Laundromat” (Kim 2004). She also realized very quickly that without maids and governess she was required to be more independent. Some of the other points she makes in the essay are that there were some racial tensions within her community; she was treated differently from Koreans that had been born in America. Some of her classmates called her a F.O.B. (short for Fresh off the boat),......

Words: 408 - Pages: 2

Kim Dae-Jung Reconciliation

...Kim Dae-jung & Truth reconciliation South Korea’s Truth and Reconciliation Commission was established on December 1, 2005, during the presidency of Roh Moo-hyun. This governmental commission was set to investigate incidents in Korean history, all the way back from annexation of Korea by Japan in 1910, up to the election of Kim Young-Sam in 1993. South Korea has been subject to a period of military dictatorships, during which there was given little attention to truth-funding. Also, South Korea’s fight for democracy spans out on a long period of civil movements and demonstrations. They often led to uprisings, which were often repressed hard by authoritarian and military power. Demonstrations, like the Kwangju Uprising in 1980, were subject to murder, torture and other abuses of human right. These acts were often covered up and ignored by the government. However, the prosecution and sentencing of two former authoritarian rulers, Chun Doo-Hwan and Rho Tae-Woo in 1995, was a clear sign that times were changing and even successful coups can be punished. At the end of the 90s, laws for rectifying the past were established under the government of Kim Dae-Jung. The Truth & Reconciliation Commission would go stay active until 2010, when the conservative Lee Myung-Bak stopped the funding. What led to this sudden governmental interest in truth and reconciliation under the Kim Dae-Jung government? In this literature review we will look at the factors that instigated interest......

Words: 1774 - Pages: 8

Patton Fuller

...reporting. The summary will also determine how the hospital’s revenues and expenses are grouped for planning and control. Audited and Unaudited Financial Statements The balance sheets for the Patton-Fuller Community Hospital for the years of 2008 and 2009 appear to have a discrepancy of $1,000,000 in the patient accounts received. On the 2009 unaudited statement, there was $59,787,000 and on the audited there was $58,787,000 which accounts for the $1,000,000 difference. Additionally on the Statement of Revenue and Expense for years 2008 and 2009 there was a discrepancy of $1,000,000 in 2009. This discrepancy appeared on the provision for doubtful accounts. The unaudited report showed $13,797,000 and the audited shows $14,797,000 which accounts for the $1,000,000 difference. This makes the “net income” for the year (2009) $627,000 in the unaudited, and 373,000 in the audited statement. The financial ratios for Patton Fuller Hospital are not improving according to liquidity, solvency, and profitability ratios. The liquidity ratios, which show the organization’s ability to pay off short-term debts, are indicating that Patton-Fuller hospital does not have a sustainable safety net. The current ratio and the quick ratio have decreased nearly three-fold. Day’s cash on hand has decreased two-fold, and days receivables have increased. The solvency ratios indicate the ability for a company to meet......

Words: 896 - Pages: 4

Patton Fuller Web Strategies

...Patton-Fuller Analysis of Network Systems Christopher M. Haider CMGT/554 October 30, 2011 Professor Matt Mancani Abstract Patton-Fuller Community Hospital tasked its IT department with performing an analysis of its network architecture to provide a structure of physical devices and areas that require improvement to enhance and maintain a competitive edge in the health care market. The analysis revealed weaknesses in the way the Radiology department connects to a 1000 BaseF Ethernet fiber optic backbone (LAN) and the potential for enhanced use of its wireless network (WLAN). IT recommends the installation of a 24 port FO Hub for the Radiology department’s modalities and various device locations throughout the facility. The implementation will keep with the established policy used in the OR, ICU’s, and Wards. IT recommends installation of additional wireless access points to provide service to administrative and clinical practitioners who can use portable access devices like laptops, IPads, smart phones, and other devices for diagnosis and treatment of patients. Additional wireless access points will also provide Internet only access for patients and family members. Patton-Fuller Analysis of Network Systems Patton-Fuller tasked the IT department with conducting an analysis of the network systems at the hospital. According to Patton-Fuller current network architecture is built on a Bus topology with an Ethernet backbone (Apollo Group, Inc [APG], 2011, p. 1).......

Words: 2306 - Pages: 10


...Patton-Fuller Community Hospital Joshua Harris NTC/362 August 9th, 2012 Richard Douglass Patton-Fuller Community Hospital ”Patton- Fuller Community Hospital has prided itself on providing top-of-the-notch not-for-profit health care organization since their opening in 1975” (University of Phoenix, 2012). The hospital’s specialty is in providing high-quality health care to all patients, and establishing peaceful work relationships within the staff. Services provided by the hospital are “surgery, emergency medical care, physical therapy, labor and delivery, radiology, and more” (University of Phoenix, 2012). “In Kelsey, Patton-Fuller Community Hospital is the first hospital, dedicated at the hospital is to provide a variety of programs that will support and maintain the best health and welfare of the local community populations” (University of Phoenix, 2012). Duvv Enterprises is the IT solution for WAN/WLAN integration needs. For Patton-Fuller Community Hospital, we will address the existing network architecture of the hospital: Patton-Fuller utilizes a “high-end Local Area Network (LAN) (based on 1000Base-T using CAT 6 cable) that links all of its Systems Applications and Products (SAP) and terminals to workstations over a small geographic area. Duvv Enterprises will also touch basis with the implementation of a complete WLAN networking environment that calls also for the installation of Voice-Over-Internet-Protocol (VOIP), and the......

Words: 2183 - Pages: 9

14 Comment | 10-100x A4 Sammelhüllen Prospekthüllen Kartenhüllen 120my geteilt auf A5, A6 A8 | Body Actually