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How will Chipotle recognize the costs of Chippy, its tortilla-chip-making robot?

Chipotle is currently testing Chippy, a robot that makes tortilla chips. Chippy makes the chips less than perfect so that they appear to be made by a human. Customers are used to finding a chip with a little more salt or a little extra lime, so Chippy is making those subtle variations in the chips. […]

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What costs would the Stellar Pizza robotic pizza restaurant capitalize or expense?

Stellar Pizza has a pizza-making robotic machine that was built by three former SpaceX engineers. More than 23 former SpaceX employees work at Stellar Pizza. The pizza-making robot can produce a pizza every 45 seconds. A pizza can be customized, baked, and topped in less than five minutes by the robotic machine. Stellar Pizza will […]

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How will Texas Instruments account for the cost of its new semiconductor wafer plant?

Texas Instruments Inc. (NASDAQ:TXN) is expanding its chip manufacturing capacity. It announced recently that it will begin construction in 2022 on its new plant for manufacturing 300-millimeter semiconductor wafers. Semiconductor wafers are used in a variety of products, particularly in industrial and automotive electronics. Texas Instruments (TI) acquired the land for the plant in 2021. […]

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Accounting Case Template tool available to build an introductory financial accounting case assignment

Again, as we start a new semester, I wanted to point out the availability of a tool that may be of use in teaching introductory financial accounting. The Accounting Case Template (ACT) is a web tool I designed that allows instructors to quickly build an introductory financial accounting case assignment. A variety of options are provided from […]

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Will the cost of the new Forbidden Frontier attraction at Cedar Point reduce income in 2018?

Management of Cedar Point, the amusement park in Sandusky, Ohio, recently announced that it would be closing the Dinosaurs Alive and Witches’ Wheel to make room for a new attraction called “Forbidden Frontier on Adventure Island.” This paragraph is what Cedar Point management released about this upcoming new attraction: “Grab your map and prepare for […]

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Create Customized Financial Accounting Case Assignments with the Accounting Case Template

Again, as we start the fall semester, I wanted to point out the availability of a tool that may be of use in teaching introductory financial accounting. The Accounting Case Template (ACT) is a web tool I designed that allows instructors to quickly build an introductory financial accounting case assignment. A variety of options are provided from […]

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A recap of the Excel data analytics project blog posts

Hello! I have posted a few data analytics projects here on my blog and thought it might be useful as the semester starts to post the links in one post. Here goes: Project 1: Transaction analysis for Introductory financial accounting using the City of Somerville, MA, online checkbook data set (link) Project 2: Budgeting and […]

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Will the costs of converting UPS trucks from diesel to electric be capitalized or expensed?

UPS is working with the New York State Energy Research and Development Authority to develop new technology that will allow UPS to convert its diesel-fueled delivery trucks to electric-fueled. UPS hopes to have a working model of the converted delivery truck ready sometime in 2018. The plan is to convert 1,500 of the company’s delivery […]

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Create Customized Financial Accounting Case Assignments with the Accounting Case Template

The Accounting Case Template (ACT) is a web tool I designed that allows instructors to quickly build an introductory financial accounting case assignment. A variety of options are provided from which the instructor can choose, allowing the instructor to quickly build a case assignment customized for his/her specific course. It takes about two minutes to […]

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Would the costs related to the clothing vending machines that Uniqlo has installed in airports and shopping malls be expensed or capitalized?

Uniqlo, a Japanese clothing designer, manufacturer, and retailer, is installing vending machines in some airports and shopping malls in the U.S., including Oakland Airport (San Francisco), George Bush Intercontinental Airport (Houston), and Queens Center (New York.) Uniqlo’s thermal jackets and parkas, which are thin, warm, and easily packable, are going to be stocked in the […]

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