Haribo has manufactured gummy bears, since 1920. Those bears are currently made in 16 plants around the world. Starting in 2020, those gummy bears will also be made in the US when Haribo opens a new plant in Wisconsin. Worldwide, about 100 million gummy bears are made by Haribo per day. The ingredients in gummy […]
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Tag Archives: teaching accounting
Introductory managerial accounting Jeopardy game for end-of-semester review
April 6, 2017 
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A few days ago, I shared a Jeopardy-style PowerPoint file that can be used for an end-of-semester review in introductory financial accounting classes. In this post, I am sharing a Jeopardy-style game that covers basic topics within an introductory managerial accounting course. This PowerPoint file contains a Jeopardy-style game suitable for use in an introductory […]
Continue readingHow is Tesla’s balance sheet impacted by its issuance of common stock and convertible five-year notes?
April 5, 2017 0 Comments
Tesla, Inc. (NASDAQ: TSLA) is ramping up to begin production of the Tesla Model 3. The Model 3 is an all-electric four-door compact luxury sedan that will have a range of at least 215 miles. It will be the most affordable of the Tesla models, starting at $35,000 for the base model. As of mid-March […]
Continue readingIntroductory financial accounting Jeopardy game for end-of-semester review
April 4, 2017 2 Comments
At the end of the semester, I thought it might be useful to have a review game before the final exam. I have created a Jeopardy-style game that covers basic topics within an introductory financial accounting course. This PowerPoint file contains a Jeopardy-style game suitable for use in an introductory financial accounting class. There are […]
Continue readingCh 01 Financial statements, Ch 02 Transaction analysis, Ch 03 Accrual income, Ch 05 Receivables and revenues, Ch 06 Inventory & COGS, Ch 07 PP&E and Intangibles, Ch 08 Current liabilities, Ch 09 Long-term liabilities, Ch 10 Stockholders' equity, Ch 11 Statement of cash flows, Ch 12 Financial statement analysis, Financial accounting
What costs at LimeBike, the bike sharing service, would be capitalized versus expensed?
March 28, 2017 0 Comments
LimeBike is a start-up founded in 2017 located in San Mateo, California. Its mission is to make shared bicycles accessible and affordable. The company has taken the basic idea of shared bicycles and eliminated the need to return the bike to a docking station, which may not be near the cyclist’s destination. LimeBike charges $1 […]
Continue readingHow will Dr Pepper Snapple’s dividend impact its financial statements?
March 21, 2017 0 Comments
On November 16, 2016, Dr Pepper Snapple Group, Inc. (NYSE: DPS) made the following announcement: “Dr Pepper Snapple Group, Inc. (NYSE: DPS) today announced that its Board of Directors declared a quarterly dividend of $0.53 per share on the company’s common stock. The dividend is payable in U.S. dollars on January 5, 2017, to shareholders of record on December […]
Continue readingWould job costing or process costing be used by the manufacturer of the dye used to turn the Chicago River green for St. Patrick’s Day?
March 15, 2017 0 Comments
Since 1962, members of the Plumbers Local have been dyeing the Chicago River green in honor of St. Patrick’s Day. Similar river dyeing occurs in Tampa, Austin, and elsewhere. In 1961, the mayor of Chicago wanted to find out where raw sewage was being dumped into the Chicago River. He directed that a special green […]
Continue readingHow long is the operating cycle of Williamette Valley Vineyards?
March 14, 2017 0 Comments
Oregon has the third most wineries in the United States; only California and Washington have more wineries. Williamette Valley Vineyards, Inc. (NASDAQ: WVVI) is one of these Oregon wineries and is publicly-held. Williamette Valley Vineyards produces and sells several types of bottled wines under its Williamette Valley Vineyards label, including Pinot Noir, Chardonnay, Pinot Gris, […]
Continue readingWhat costs are relevant when determining how many pizzas a month Zume Pizza must sell to break even?
March 9, 2017 4 Comments
Zume Pizza uses a combination of robots, artificial intelligence (AI), and GPS in its food trucks to deliver pizzas to customers’ houses just as the pizza is finished baking. Pizzas are actually prepared and baked in the Zume pizza truck by an employee assisted by robots. Zume Pizza started operations in April 2016 and is currently […]
Continue readingFor a Zume Pizza delivery truck that uses a combination of robots, AI, and GPS in pizza preparation and delivery, what will be capitalized versus expensed?
March 7, 2017 0 Comments
Zume Pizza uses a combination of robots, artificial intelligence (AI), and GPS in its food trucks to deliver pizzas to customers’ houses just as the pizza is finished baking. The process starts with a customer using Zume Pizza’s app to order pizza. The pizza combinations offered by Zume have been derived by analyzing customer data […]
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