tag:blogger.com,1999:blog-83486398340415772182024-02-20T07:54:56.007-08:00Teymi Nyumi AccountingTeymi Nyumi Accountinghttp://www.blogger.com/profile/15406923896386536378noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-8348639834041577218.post-34204744871815674632016-12-12T08:42:00.002-08:002016-12-12T12:01:00.276-08:00Week 10 EOC: My Plan<div class="MsoNormal">
<span style="font-family: "calibri light" , sans-serif; font-size: 16.0pt; line-height: 107%;">When I first moved to Las Vegas
for school, it was my goal to work for at a high-end luxury boutique. I
recently landed a part time job at Louis Vuitton located in the Fashion Show
Mall. Louis Vuitton is a part of LVMH (Louis Vuitton Moet and Hennessy), which is a European luxury goods conglomerate, hardhearted in Paris. In 1987, Louis Vuitton and Moet Hennessy merged, forming a corporation that currently controls around 70 companies.</span></div>
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<span style="background: white; font-family: "calibri light" , sans-serif; font-size: 16.0pt; line-height: 107%;">Louis Vuitton
itself is number 17 on Forbes “World’s most Valuable Brands,” the brand value
carries a hefty 27.3 Billion. Considering its humble beginning, I would say
that is quite remarkable. Louis Vuitton was 16 years old when he arrived in
Paris, he was a determined young man, and started as an apprentice for a box-maker
and packing shop. In a short time, he became well known for his technique and
innovative ideas. In 1854, he established his very own box-making and packing
shop and today has expanded to the luxury empire that we all know and love
today. <o:p></o:p></span></div>
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<span style="background: white; font-family: "calibri light" , sans-serif; font-size: 16.0pt; line-height: 107%;">It is my desire
to grow within this company and learn and much as a possibly can. My interests
are in buying, visual merchandising, and fashion design. With a company as
large as this, the possibilities are endless. With hard work, determination,
and the necessary tools, I believe my goal is attainable.</span></div>
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<span style="background: white; font-family: "calibri light" , sans-serif; font-size: 16.0pt; line-height: 107%;"><o:p></o:p></span></div>
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<span style="background: white; font-family: "calibri light" , sans-serif; font-size: 16.0pt; line-height: 107%;">This class has
helped me understand the numbers that drive a business and ultimately determine
its overall success. Although, there is still much to learn, it is a good
starting point and foundation for my personal success. <o:p></o:p></span></div>
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<span style="background: white; font-family: "calibri light" , sans-serif; font-size: 16.0pt; line-height: 107%;">Eventually, I
would like to own a fashion boutique one day, that is my end game. However, I believe
it is essential to absorb as much information as I can before making a business
venture of my own. Educating myself is the first step, after that, it is the
application of what I have learned that will determine how far and how high I
go. Sky is the limit! <o:p></o:p></span></div>
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Teymi Nyumi Accountinghttp://www.blogger.com/profile/15406923896386536378noreply@blogger.com0tag:blogger.com,1999:blog-8348639834041577218.post-49127491497906943702016-12-04T20:14:00.002-08:002016-12-04T20:15:33.358-08:00Week 9 EOC: Acquire the restaurant?<div aria-label="Conversation" autoid="_rp_2" role="list" style="font-family: wf_segoe-ui_normal, "Segoe UI", "Segoe WP", Tahoma, Arial, sans-serif;" tabindex="-1">
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<span style="background-color: white; color: #212121;"> 1. If Dan and Loralei decide to buy the restaurant, some fixed costs would be incurred. List at least five important fixed costs that would be directly affected by the purchase decisions Dan would make regarding the acquisition of the property. </span><span style="color: blue; font-style: italic;"><span style="background-color: white; font-family: "droid serif" , "georgia" , serif; font-size: 16px;">A </span><a eid="29704" href="https://digitalbookshelf-jigsaw.artinstitutes.edu/books/9781118672754/content/id/term180" o="8448" style="font-family: "Droid Serif", Georgia, serif; font-size: 16px; font-weight: bold; max-width: 100%; outline: none; text-decoration: none;"><span style="color: blue;"><span style="background-color: white;"><span class="vst-search-term" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; max-width: 100%;">fixed</span> </span>cost</span></a></span><span style="background-color: white; font-family: "droid serif" , "georgia" , serif; font-size: 16px;"><span style="color: blue; font-style: italic;"> is one that remains constant despite increases or decreases in sales volume (Dopson,317). </span>Five important fixed costs that would directly affect Dan's purchasing decisions regarding acquisition and property would be: mortgage, depreciation,<span style="color: #741b47;"> </span></span><span style="color: #333333; font-family: "droid serif" , "georgia" , serif; font-size: 16px;">insurance policies, property taxes, and management salaries.</span></div>
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<span style="color: #212121;"> 2. If Dan and Loralei operate the restaurant, some variable costs would be incurred. List at least five important variable costs that would be directly affected by the operating decisions Loralei will make as she manages the restaurant. </span><span style="color: blue; font-family: "droid serif" , "georgia" , serif; font-size: 16px; font-style: italic;">A </span><a eid="29716" href="https://digitalbookshelf-jigsaw.artinstitutes.edu/books/9781118672754/content/id/term453" o="9990" style="background-color: transparent; color: blue; font-family: "Droid Serif", Georgia, serif; font-size: 16px; font-style: italic; font-weight: bold; max-width: 100%; outline: none; text-decoration: none;">variable cost</a><span style="font-family: "droid serif" , "georgia" , serif; font-size: 16px;"><i style="color: blue;"> is one that increases as sales volume increases and decreases as sales volume decreases. (Dopson, 317). </i>Five important fixed costs that would directly affect the operating decisions Loralei would make as a manager of the restaurant would be:<i style="color: blue;"> </i>food cost, beverage cost, utility services, marketing, repairs. </span><br />
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<span style="color: #212121;"> 3. Consider the decisions Dan and Loralei will make if they choose to acquire the restaurant. While clearly both are important, whose decisions do you think are the most important to ensuring the future profitability of the Watershed? Why do you think so? </span></div>
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<span style="color: blue; font-family: "droid serif" , "georgia" , serif; font-size: 16px; font-style: italic;"><span style="background-color: white;">Good managers seek to decrease their </span></span><span class="vst-search-term" style="background-color: white; color: blue; font-family: "droid serif" , "georgia" , serif; font-size: 16px; font-style: italic; max-width: 100%;">fixed costs</span><span style="color: blue; font-family: "droid serif" , "georgia" , serif; font-size: 16px; font-style: italic;"><span style="background-color: white;"> to their lowest practical levels while still satisfying the needs of the business and its customers. Those same good managers, however, know that </span></span><span eid="29786" o="11258" style="background-color: white; color: blue; font-family: "droid serif" , "georgia" , serif; font-size: 16px; font-style: italic; max-width: 100%;">increases</span><span style="color: blue; font-family: "droid serif" , "georgia" , serif; font-size: 16px; font-style: italic;"><span style="background-color: white;"> in variable </span></span><span class="vst-search-term" style="background-color: white; color: blue; font-family: "droid serif" , "georgia" , serif; font-size: 16px; font-style: italic; max-width: 100%;">costs</span><span style="font-family: "droid serif" , "georgia" , serif; font-size: 16px;"><span style="background-color: white;"><i style="color: blue;"> are usually very good (Dopson, 219).</i>While fixed costs lay a good foundation for a business, it is the skillful management of variable costs that determine the overall success of a business. Loralei will be making daily decision that could make or break the profitability of the restaurant. Increases in variable cost show sales, which is a direct reflection of profit!</span></span></div>
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<span style="font-family: "droid serif" , "georgia" , serif; font-size: 16px;"><span style="background-color: white;">Reference:</span></span></div>
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<span style="background-color: white;"><span style="color: blue;"><span style="font-family: "roboto";">Dopson, Lea R. </span><em style="box-sizing: inherit; font-family: Roboto;">Managerial Accounting for the Hospitality Industry</em><span style="font-family: "roboto";">. Wiley, 09/2008. [The Art Institutes].</span></span></span></div>
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Teymi Nyumi Accountinghttp://www.blogger.com/profile/15406923896386536378noreply@blogger.com0tag:blogger.com,1999:blog-8348639834041577218.post-45694142696101408212016-11-28T14:55:00.000-08:002016-11-28T14:55:10.104-08:00EOC: Chapter 8 Question 4<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">a.
What were the total revenues in October 2009 and October 2010?</span></div>
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<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">b.
What was the GOP in dollars in October 2009 and October 2010?</span></div>
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<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">c.
What was the percentage of GOP to total revenues in October 2009 and October
2010?</span></div>
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<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">d.
What was the flow-through percentage achieved by Santi’s hotel? What is your
assessment of that percentage?</span></div>
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<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">Answers: </span></div>
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<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">a. The total Revenue for October 2009 was
$545,000 and the total Revenue for October </span></div>
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<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">2010
was 583,000.</span></div>
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<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;"><br /></span></div>
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<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">b.
The GOP in dollars for October 2009 was $162,000 and the GOP in dollars for
October </span></div>
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<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">2010
was $184,550</span></div>
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<span style="color: #7030a0; font-family: Arial; font-size: 12pt; font-style: italic; vertical-align: baseline;">"Gross
operating profit (GOP) is, in effect, total hotel revenue less those expenses
that are considered directly controllable by management"(Dopson, 296).</span></div>
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<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">c. The percentage of GOP to total revenues for
October 2009 was 29.72% and for October 2010 it was 31.66% "</span><span style="color: #7030a0; font-family: Arial; font-size: 12pt; font-style: italic; vertical-align: baseline;">The
GOPPAR </span><span style="color: #7030a0; font-family: Arial; font-size: 12pt; font-style: italic;">is simply defined as a hotel’s total revenue minus its
management’s controllable expenses per available room"</span><span style="color: #7030a0; font-family: Arial; font-size: 12pt; font-style: italic; vertical-align: baseline;">
(Dopson,297).</span></div>
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<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">d. The flow through percentage achieved by
Santi's hotel was 59%</span></div>
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<span style="color: purple; font-family: Arial; font-size: 12pt; font-style: italic; vertical-align: baseline;">"Flow-through
is computed to help managers identify the impact of increases in revenue on
profitability. When it is high (over 50%), it usually reflects efficiency on
the part of management in converting additional revenues into additional
profits</span><span style="color: #7030a0; font-family: Arial; font-size: 12pt; font-style: italic; vertical-align: baseline;">"
</span><span style="color: #7030a0; font-family: Arial; font-size: 12pt; vertical-align: baseline;">(Dopson,
297). </span><span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">Santi's
flow through percentage is at 59%, which reflects the efficiency of his
management staff.</span></div>
Teymi Nyumi Accountinghttp://www.blogger.com/profile/15406923896386536378noreply@blogger.com0tag:blogger.com,1999:blog-8348639834041577218.post-18803572334131755492016-11-14T15:45:00.002-08:002016-11-17T22:05:10.079-08:00Week 7 EOC: Trump and Small Business<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "Calibri Light", sans-serif; font-size: 12pt;">My
post is based off an article written by Dhani Mau for Fashionista.com. The
article is entitled:<o:p></o:p></span></div>
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<b><span style="color: #cc3399; font-family: "Arial",sans-serif; font-size: 36.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt; text-transform: uppercase;">HERE'S HOW
TRUMP'S WIN COULD AFFECT THE FASHION INDUSTRY AND GLOBAL TRADE.<o:p></o:p></span></b></div>
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<span style="font-family: "Calibri Light", sans-serif; font-size: 12pt;">It
is basically an overview of what experts are saying in regards to Trump
winning the election as well as what to expect and what damage has already been
done to the markets. </span><span style="color: #cc3399; font-family: "Calibri Light",sans-serif; font-size: 12.0pt; mso-ascii-theme-font: major-latin; mso-bidi-theme-font: major-latin; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: major-latin;">“</span><span style="background: white; color: #cc3399; font-family: "Calibri Light",sans-serif; font-size: 12.0pt; mso-ascii-theme-font: major-latin; mso-bidi-theme-font: major-latin; mso-hansi-theme-font: major-latin;">Asian indexes tumbled as early projections of
the U.S. election showed<span class="apple-converted-space"> </span></span><span style="font-family: "Calibri Light", sans-serif; font-size: 12pt;"><a data-tag="donald-trump" href="http://wwd.com/tag/donald-trump/" id="auto-tag_donald-trump" style="-webkit-font-smoothing: antialiased; box-sizing: inherit; color: #cc3399; text-rendering: optimizeLegibility;"><span style="background: white; color: #cc3399; text-decoration: none; text-underline: none;">Donald
Trump</span></a><span class="apple-converted-space" style="color: #cc3399;"><span style="background: white;"> </span><span style="background: white;">pulling
ahead in the presidential race” (WWD, 2016).</span></span><span style="color: #cc3399; font-size: 12pt;"> </span><span style="color: black; font-size: 12pt;">Also, luxury stock for
European retailers such as L’Oreal and Prada are down across the board. It is important
to recognize that much of what we wear and buy in America as far as apparel and
accessories are made in other countries. Trumps intention to place limitations
on Global Trade, could have adverse effects on the fashion industry. </span><i style="color: #cc3399;"><span style="font-size: 12pt;">“When it comes to trade, Trump has proposed some pretty radical
changes that could inhibit globalization, including getting rid of the
Trans-Pacific Partnership deal” (Mau, 2016). </span></i><span style="font-size: 12pt;">The United States is currently participating
in negotiations of the Trans-Pacific Partnership (TPP) Agreement. Australia,
Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru,
Singapore, and Vietnam are among the 11 Asia-Pacific counties involved in
negotiations. The </span><span style="background: white; color: #cc3399; font-size: 12pt;">“trade agreement that will open
markets, set high-standard trade rules, and address 21</span><sup style="box-sizing: border-box; color: #cc3399;">st</sup><span style="color: #cc3399;">-century issues in the global economy. By
doing so, TPP will promote jobs and growth in the United States and across the
Asia-Pacific region” (United States Trade Representative, 2016).</span> <span style="background: white; font-size: 12pt;">If Trump seeks to eradicate or limit the
TPP, international luxury brands could take a significant hit due to increased
taxes on foreign goods. Honestly, it is hard to say at this point what will or will
not happen, Trumps volatile nature makes the outcome unpredictable. We will
just have to wait and see what his next move is and pray that his strategy has
a positive impact on the economy and global trade. </span><b style="color: #cc3399;"><span style="font-size: 12pt; text-transform: uppercase;"><o:p></o:p></span></b></span></div>
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<br />Teymi Nyumi Accountinghttp://www.blogger.com/profile/15406923896386536378noreply@blogger.com0tag:blogger.com,1999:blog-8348639834041577218.post-12103671790727367442016-11-07T14:09:00.001-08:002016-11-07T15:19:09.914-08:00Week 6 EOC: Marijuana in the workplace<div class="MsoNormal">
<div class="MsoNormal">
<span style="background: white; color: #222222; font-family: "Calibri Light",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-latin; mso-hansi-theme-font: major-latin;">As a business owner I would have
zero tolerance for the use of marijuana in the work place. A job requires that
you are fully capable of carrying out duties and responsibilities on a daily
basis. That includes handling cash, interacting with customers, operating a POS
system. If you show up to work high and are unable to effectively carry out
those duties, you have no business working in my store.<o:p></o:p></span></div>
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<span style="background: white; color: #222222; font-family: "Calibri Light",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-latin; mso-hansi-theme-font: major-latin;"><br /></span></div>
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<i><span style="background: white; color: #548235; font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 107%; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #548235; mso-style-textfill-fill-colortransforms: lumm=75000; mso-style-textfill-fill-themecolor: accent6; mso-themecolor: accent6; mso-themeshade: 191;">The
Food and Drug Administration</span></i><i><span style="color: #548235; font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 107%; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #548235; mso-style-textfill-fill-colortransforms: lumm=75000; mso-style-textfill-fill-themecolor: accent6; mso-themecolor: accent6; mso-themeshade: 191;"><a href="http://www.dea.gov/druginfo/ds.shtml" style="box-sizing: inherit; line-height: inherit;" target="_blank"><span class="apple-converted-space"><span style="background: white; color: #548235; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #548235; mso-style-textfill-fill-colortransforms: lumm=75000; mso-style-textfill-fill-themecolor: accent6; mso-themecolor: accent6; mso-themeshade: 191; text-decoration: none; text-underline: none;"> </span></span><span style="background: white; color: #548235; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #548235; mso-style-textfill-fill-colortransforms: lumm=75000; mso-style-textfill-fill-themecolor: accent6; mso-themecolor: accent6; mso-themeshade: 191;">classifies
marijuana as a Schedule I drug</span></a><span style="background: white;">, defined as the most dangerous of all drug schedules, with
“no currently accepted medical use and a high potential for abuse.”<o:p></o:p></span></span></i></div>
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<i><span style="color: #548235; font-family: "Calibri Light",sans-serif; mso-ascii-theme-font: major-latin; mso-hansi-theme-font: major-latin; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #548235; mso-style-textfill-fill-colortransforms: lumm=75000; mso-style-textfill-fill-themecolor: accent6; mso-themecolor: accent6; mso-themeshade: 191;"><span style="color: #0000bf; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #0000BF;"><a href="http://lifehacker.com/what-marijuana-actually-does-to-your-brain-and-body-1693986467">http://lifehacker.com/what-marijuana-actually-does-to-your-brain-and-body-1693986467</a></span><o:p></o:p></span></i></div>
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<i><span style="color: #548235; font-family: "Calibri Light",sans-serif; mso-ascii-theme-font: major-latin; mso-hansi-theme-font: major-latin; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #548235; mso-style-textfill-fill-colortransforms: lumm=75000; mso-style-textfill-fill-themecolor: accent6; mso-themecolor: accent6; mso-themeshade: 191;"><br /></span></i></div>
<div class="MsoNormal" style="background: white; line-height: 18.0pt; margin-bottom: 7.5pt; margin-left: 0in; margin-right: 0in; margin-top: 2.25pt;">
<span style="color: #222222; font-family: "Calibri Light",sans-serif; font-size: 12.0pt; mso-ascii-theme-font: major-latin; mso-bidi-font-family: Arial; mso-fareast-font-family: "Times New Roman"; mso-hansi-theme-font: major-latin;">As a business professional
working in the fashion industry you are required to maintain a polished appearance
in the workplace at all times. If you are high you and display any of the
following physical effects, it would be cause for dismissal. According to WebMD
the physical effects of marijuana include: <o:p></o:p></span></div>
<div class="MsoNormal" style="background: white; line-height: 18.0pt; margin-bottom: 7.5pt; margin-left: 0in; margin-right: 0in; margin-top: 2.25pt;">
<span style="color: #548235; font-family: "Times New Roman", serif; font-size: 12pt;"><a href="http://www.webmd.com/first-aid/understanding-dizziness-basics"><span style="color: #548235;">dizziness</span></a>, <i>shallow breathing, red </i><a href="http://www.webmd.com/eye-health/picture-of-the-eyes" style="font-style: italic;"><span style="color: #548235; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #548235; mso-style-textfill-fill-colortransforms: lumm=75000; mso-style-textfill-fill-themecolor: accent6; mso-themecolor: accent6; mso-themeshade: 191; text-decoration: none; text-underline: none;">eyes</span></a><i> and dilated pupils, </i><a href="http://www.webmd.com/oral-health/guide/dental-health-dry-mouth" style="font-style: italic;"><span style="color: #548235; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #548235; mso-style-textfill-fill-colortransforms: lumm=75000; mso-style-textfill-fill-themecolor: accent6; mso-themecolor: accent6; mso-themeshade: 191; text-decoration: none; text-underline: none;">dry mouth</span></a><i>, increased appetite, slowed reaction
time (If you drive after using marijuana, your risk of being in a car accident
more than doubles.)</i></span><i style="background-color: transparent;"><span style="color: #548235; font-family: "Calibri Light",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-latin; mso-hansi-theme-font: major-latin; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #548235; mso-style-textfill-fill-colortransforms: lumm=75000; mso-style-textfill-fill-themecolor: accent6; mso-themecolor: accent6; mso-themeshade: 191;"><span style="color: #0000bf; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #0000BF;"><a href="http://www.webmd.com/mental-health/addiction/marijuana-use-and-its-effects">http://www.webmd.com/mental-health/addiction/marijuana-use-and-its-effects</a></span></span></i></div>
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<i><span style="color: #548235; font-family: "Calibri Light",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-latin; mso-hansi-theme-font: major-latin; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #548235; mso-style-textfill-fill-colortransforms: lumm=75000; mso-style-textfill-fill-themecolor: accent6; mso-themecolor: accent6; mso-themeshade: 191;"><br /></span></i></div>
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<span style="font-family: "Calibri Light",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-latin; mso-hansi-theme-font: major-latin;">Because there are so many different ways to use marijuana and some
are undetectable physically. It would be a policy at my store to do random drug
testing. Even if my store was located in a state where marijuana was made
legal, it is still my right as the employer to enforce company policy.<o:p></o:p></span></div>
<div class="MsoNormal">
<i><span style="color: #548235; font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 107%; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #548235; mso-style-textfill-fill-colortransforms: lumm=75000; mso-style-textfill-fill-themecolor: accent6; mso-themecolor: accent6; mso-themeshade: 191;">Most of the time
after being hired an employer requires reasonable suspicion before having an
employee take a drug test. Even with the recent legalization of marijuana in
some states, employees in those states can still be punished for testing
positive. The punishments for a failed drug test can include rehabilitation,
termination, and losing unemployment benefits.<o:p></o:p></span></i></div>
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<i><span style="color: #548235; font-family: "Calibri Light",sans-serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-latin; mso-bidi-font-family: "Times New Roman"; mso-hansi-theme-font: major-latin; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #548235; mso-style-textfill-fill-colortransforms: lumm=75000; mso-style-textfill-fill-themecolor: accent6; mso-themecolor: accent6; mso-themeshade: 191;"><a href="http://www.workplacefairness.org/drug-testing-workplace"><span style="color: #0000bf; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: #0000BF;">http://www.workplacefairness.org/drug-testing-workplace</span></a> <o:p></o:p></span></i></div>
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Teymi Nyumi Accountinghttp://www.blogger.com/profile/15406923896386536378noreply@blogger.com0tag:blogger.com,1999:blog-8348639834041577218.post-9079288894658380372016-10-30T17:32:00.002-07:002016-10-30T19:47:04.169-07:00Week 4 EOC: Chapter 5 Quiz Question 2<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">a.
Did the change in Cash reflect a Source or a Use of funds? What was the amount
of that change? </span></div>
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</div>
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<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">b.
Did the change in Net Receivables reflect a Source or a Use of funds? What was
the amount of that change? </span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
</div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">c.
Did the change in Notes Payable reflect a Source or a Use of funds? What was
the amount of that change? </span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
</div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">d.
Did the change in Retained Earnings reflect a Source or a Use of funds? What
was the amount of that change? </span></div>
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</div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">e.
What was the total amount of Sources and Uses of Funds? </span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
</div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">Answers: </span></div>
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</div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">a. It was a Use of Funds in the amount of
$14,000. </span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="font-family: Arial; font-size: 12pt; vertical-align: baseline;"><span style="color: magenta;">Cash
on the balance sheet represents an account in the bank. When you withdraw money
from the bank (decrease the cash account), you have a source of funds
(MGT,149).</span></span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="font-family: Arial; font-size: 12pt; vertical-align: baseline;"><span style="color: magenta;"><br /></span></span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">b. It was a Use of Funds in the amount of
$30,000. </span><span style="font-family: Arial; font-size: 12pt; vertical-align: baseline;"><span style="color: magenta;">Accounts
receivable represents money that guests owe you for products or services that
you have provided (MGT, 149).</span></span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="font-family: Arial; font-size: 12pt; vertical-align: baseline;"><span style="color: magenta;"><br /></span></span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
</div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">c. It was a Use of Funds in the amount of
$44,000. </span><span style="font-family: Arial; font-size: 12pt; vertical-align: baseline;"><span style="color: magenta;">Notes
payable are short-term loans (less than a year). If you decrease notes payable
by paying back money you borrowed, this is a use of funds for you (MGT, 152). </span></span></div>
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<span style="font-family: Arial; font-size: 12pt; vertical-align: baseline;"><span style="color: magenta;"><br /></span></span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
</div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">d. It was a Source of Funds in the amount of
$104,000, </span><span style="font-family: Arial; font-size: 12pt; vertical-align: baseline;"><span style="color: magenta;">Retained
earnings represent the accumulated account of profits over the life of the
business that have not been distributed as dividends. If your retained earnings
increases, that means you have increased your net income for the year, thus
providing a source of funds (MGT, 152).</span></span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="font-family: Arial; font-size: 12pt; vertical-align: baseline;"><span style="color: magenta;"><br /></span></span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
</div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">e. Total amount of Sources is $743,000 and the
Total amount of Uses is $743,000.</span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="font-family: Arial; font-size: 12pt; vertical-align: baseline;"><span style="color: magenta;">Sources
and uses of funds are the inflows and outflows of money affecting the cash
position (MGT, 147).</span></span></div>
Teymi Nyumi Accountinghttp://www.blogger.com/profile/15406923896386536378noreply@blogger.com0tag:blogger.com,1999:blog-8348639834041577218.post-91904008656609449402016-10-30T17:30:00.002-07:002016-10-30T19:50:17.223-07:00Week 4 EOC: Quiz Chapter 4 Question 3<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">a.
Compare Rachel’s Cash % with the chain’s %.
Is it higher or lower? What might
this mean?</span></div>
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</div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">b.
Compare Rachel’s Inventories % with the chain’s %. Is it higher or lower? What might this mean?</span></div>
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</div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">c.
Compare Rachel’s Accounts Payable % with the chain’s %. Is it higher or lower? What might this mean?</span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
</div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">d.
Compare Rachel’s Notes Payable % with the chain’s %. Is it higher or lower? What might this mean?</span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;"><br /></span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
</div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">Answers:</span></div>
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</div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">a.
Rachel's cash % is higher at 18.9% because her restaurant has more of its assets
in the form of cash.</span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;"><br /></span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
</div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">b.
Rachel's inventories % is higher at 11.4% because her restaurant has more of its
assets in the form of inventories.</span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;"><br /></span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
</div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;">c.
Rachel's accounts payable % is higher at 11.3% because the chain has less that it
owes to others.</span></div>
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<span style="color: maroon; font-family: Arial; font-size: 12pt; vertical-align: baseline;"><br /></span></div>
<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
</div>
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</div>
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<div style="direction: ltr; language: en-US; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-align: left; text-indent: 0in; unicode-bidi: embed;">
<span style="color: maroon; font-family: Arial; font-size: 12.0pt; font-style: normal; font-weight: normal; language: en-US; mso-ascii-font-family: Arial; mso-bidi-font-family: Arial; mso-fareast-font-family: +mn-ea; mso-fareast-theme-font: minor-fareast; mso-style-textfill-fill-alpha: 100.0%; mso-style-textfill-fill-color: maroon; mso-style-textfill-type: solid; mso-text-raise: 0%; vertical-align: baseline;">d.
Rachel's notes payable % is higher at 2.5% She owes more than the chain.</span></div>
</div>
Teymi Nyumi Accountinghttp://www.blogger.com/profile/15406923896386536378noreply@blogger.com0tag:blogger.com,1999:blog-8348639834041577218.post-45094951475253403832016-10-20T19:54:00.002-07:002016-10-20T21:38:16.886-07:00Week 3 EOC: Best Restaurant Experience<div class="MsoNormal">
<span style="font-family: "calibri light" , sans-serif; font-size: 12.0pt; line-height: 107%;">Carol Wilson, a member of the Food
Writer’s Guild once stated </span><i><span style="background: white; color: #c55a11; font-family: "georgia" , serif; font-size: 12.0pt; line-height: 107%;">“food isn't the only ingredient of an enjoyable
dining experience.” </span></i><span style="background: white; font-family: "calibri light" , sans-serif; font-size: 11.5pt; line-height: 107%;">For me this
is very true, not only does the food have to be good, but the ambiance, cleanliness
and overall service are all elements that ultimately will make me want to
return. Some of my most memorable dining experiences were actually in Japan. I </span><span style="font-family: "calibri light" , sans-serif; font-size: 12.0pt; line-height: 107%;">taught English there and became really good friends with my
students Junko and Yoko. One thing we loved to do regularly was go to dinner
after class. One night Junko decided she wanted to take us to this restaurant called
“Goose,” this particular restaurant specialized in Italian cuisine so I was
very excited and intrigued. </span><span class="apple-converted-space"><span style="background: white; font-family: "arial" , sans-serif; font-size: 10pt; line-height: 107%;"> </span></span><span class="apple-converted-space"><span style="background: white; color: #c55a11; font-family: "georgia" , serif; font-size: 12.0pt; line-height: 107%;">“</span></span><i><span style="background: white; color: #c55a11; font-family: "georgia" , serif; font-size: 12.0pt; line-height: 107%;">A good restaurant should have one or more unique
features that stand out in a customer’s mind</span>”</i><span style="font-family: "calibri light" , sans-serif; font-size: 12.0pt; line-height: 107%;"> (smallbusiness.com, 2016). The restaurant was uniquely and beautifully
decorated. Each table was different with its very own bell (we had a gong,
which was used to call our server). The restaurant also had beautiful light
fixtures that gave off just the right amount of ambient lighting, it was cozy
and I loved it. We ordered many things off the menu, however my favorite part
of the meal was the giant meatball. It was served in a small pot and came out
steaming and swimming in the most fragrant and delicious red sauce I have ever
tasted and to make it even better there was a layer of melted cheese on top! I
am salivating as I type by the way. This restaurant was by no means fancy but
the food was just that good and you could tell the dishes were made to order
and from fresh ingredients. As the lovely Julia Childs would say… </span><span style="color: #c55a11; font-family: "georgia" , serif; font-size: 12.0pt; line-height: 107%;">“</span><i><span style="background: white; color: #c55a11; font-family: "georgia" , serif; font-size: 12.0pt; line-height: 107%;">You don't have to cook fancy or complicated
masterpieces - just good food from fresh ingredients.”</span></i><span style="color: #c55a11; font-family: "georgia" , serif; font-size: 12.0pt; line-height: 107%;"><o:p></o:p></span></div>
Teymi Nyumi Accountinghttp://www.blogger.com/profile/15406923896386536378noreply@blogger.com0tag:blogger.com,1999:blog-8348639834041577218.post-3629488499680270802016-10-10T16:37:00.001-07:002016-10-17T13:04:09.951-07:00Week 2 EOC: Chapter 2 Question 4<div style="direction: ltr; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; text-indent: 0in; unicode-bidi: embed;">
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Answers:<o:p></o:p></div>
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a. Lisas's Accrual accounting method shows the higher profit
because "revenue is recorded when it is earned, regardless of when it is
collected, and expenses are recorded when they are incurred, regardless of when
they are paid." So in conclusion it will show the big picture once all
accounts are reconciled.<o:p></o:p></div>
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b. The accounting Method that best shows the amount of cash
on hand would be the accrual method.<o:p></o:p></div>
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c. The Accrual Method "instructs accountants to record
expenses when they are incurred regardless of when they are paid."<o:p></o:p></div>
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d. The accounting method that most accurately shows the
expenses incurred regardless of when they are paid is the Accrual accounting
system.<o:p></o:p></div>
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e. The Cash accounting system would show actual cash inflows
and outflow because "the system is a method that records revenue as being
earned when it is actually received."<o:p></o:p></div>
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f. The accounting method that shows the most accurate
reflection of the restaurants true profitability is the Accrual accounting
system.<o:p></o:p></div>
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Teymi Nyumi Accountinghttp://www.blogger.com/profile/15406923896386536378noreply@blogger.com0tag:blogger.com,1999:blog-8348639834041577218.post-82664449866376028152016-10-03T19:34:00.000-07:002016-10-24T13:35:13.699-07:00Week 1 EOC: Question 3 <div aria-hidden="hidden" class="copytext" style="background: none;">
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<span style="color: #595959; font-family: "calibri light" , sans-serif; font-size: 12.0pt;">Laurie Tenk
is a purchasing agent for a restaurant chain. One of her suppliers
has</span><br />
<span style="color: #595959; font-family: "calibri light" , sans-serif; font-size: 12.0pt;">been late on </span><span style="color: #595959; font-family: "calibri light" , sans-serif; font-size: 12pt;">deliveries </span><span style="color: #595959; font-family: "calibri light" , sans-serif; font-size: 12pt;">the past two weeks. She has discussed
this with the salesperson,</span><br />
<span style="color: #595959; font-family: "calibri light" , sans-serif; font-size: 12pt;">and he assures her that the </span><span style="color: #595959; font-family: "calibri light" , sans-serif; font-size: 12pt;">problem</span><span style="color: #595959; font-family: "calibri light" , sans-serif; font-size: 12pt;"> will be
solved. In an effort to "make things right"
the</span><br />
<span style="color: #595959; font-family: "calibri light" , sans-serif; font-size: 12pt;">salesperson delivers two cases of hot dogs to </span><span style="color: #595959; font-family: "calibri light" , sans-serif; font-size: 12pt;">her office for
"sampling". </span><br />
<span style="color: #595959; font-family: "calibri light" , sans-serif; font-size: 12pt;">She plans to have a back yard barbecue this
weekend for her neighbors. </span></div>
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<span style="font-family: "calibri light" , sans-serif;">From an ethical point of view, how should she handle this
situation?</span></div>
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<span style="font-family: "calibri light" , sans-serif;">Explain your decision making process and defend your
answer. </span><br />
<span style="font-family: "calibri light" , sans-serif;">Use the five Ethical Guidelines
in this chapter as a basis for your answer to explain what should be </span><br />
<span style="font-family: "calibri light" , sans-serif;">done with
the hot dogs.<o:p></o:p></span></div>
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<span style="font-family: "calibri light" , sans-serif;">Answers:<o:p></o:p></span></div>
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<span style="font-family: "calibri light" , sans-serif;">a. Is it legal?<o:p></o:p></span></div>
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<span style="font-family: "calibri light" , sans-serif;">If there are no company policies forbidding the
acceptance of "gifts", then it is probably legal for </span><br />
<span style="font-family: "calibri light" , sans-serif;">Laurie to take
the hot dogs home. "Any course of action that violates written law or
company policies</span><br />
<span style="font-family: "calibri light" , sans-serif;">and procedures is wrong."<o:p></o:p></span></div>
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<span style="font-family: "calibri light" , sans-serif;">b. Does it hurt anyone? Laurie would personally benefit
from utilizing the two cases of hot dogs.</span><br />
<span style="font-family: "calibri light" , sans-serif;"> "Discounts, rebates, and free
products are the property of the business, not the manager."<o:p></o:p></span></div>
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<span style="font-family: "calibri light" , sans-serif;">c. Am I being honest? No it is not honest, because the
product does not belong to her,</span><br />
<span style="font-family: "calibri light" , sans-serif;"> it belongs to the company. She may not be able
to professionally handle future problems </span><br />
<span style="font-family: "calibri light" , sans-serif;">with the supplier. Especially if she
feels that the supplier will "reward" her again for future mistakes.<o:p></o:p></span></div>
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<span style="font-family: "calibri light" , sans-serif;">d. Would I care if it happened to me? As a business owner
I would care, because product</span><br />
<span style="font-family: "calibri light" , sans-serif;"> is being withheld from my company and being used
for personal use. How would I feel </span><br />
<span style="font-family: "calibri light" , sans-serif;">about my purchasing manager accepting gifts.<o:p></o:p></span></div>
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<span style="font-family: "calibri light" , sans-serif;">e. Would I publicize my action? No, I would not. If I am
not comfortable telling people</span><br />
<span style="font-family: "calibri light" , sans-serif;"> about it, it is because I know it is
unethical. "If you wouldn’t want your action to be read </span><br />
<span style="font-family: "calibri light" , sans-serif;">aloud in a
court of law (even if your action is legal), you probably shouldn’t do
it."<o:p></o:p></span></div>
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<span style="font-family: "calibri light" , sans-serif;">f. What should be done with the two cases of hot dogs?<o:p></o:p></span></div>
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<span style="font-family: "calibri light" , sans-serif;">1. Laurie should return the hot dogs to the supplier
expressing her gratitude, however it is </span><br />
<span style="font-family: "calibri light" , sans-serif;">not company policy to accept gifts from
suppliers.<o:p></o:p></span></div>
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<span style="font-family: "calibri light" , sans-serif;">2. Laurie could return the two cases of hot dogs to the
company for the company Christmas party<o:p></o:p></span></div>
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<span style="font-family: "calibri light" , sans-serif;">3. Laurie could donate the hot dogs to charity.<o:p></o:p></span></div>
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Teymi Nyumi Accountinghttp://www.blogger.com/profile/15406923896386536378noreply@blogger.com0tag:blogger.com,1999:blog-8348639834041577218.post-59871038135205678872016-10-03T16:13:00.000-07:002016-10-04T13:20:43.213-07:00Week 1 EOC: My Voice<div align="center" class="western" style="line-height: 200%; margin-bottom: 7.9pt; text-align: center; text-indent: .5in;">
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<div class="western" style="line-height: 200%; margin-bottom: 7.9pt; text-indent: .5in;">
<div class="western" style="line-height: 200%; margin-bottom: 7.9pt; text-indent: .5in;">
<span style="font-family: "Calibri Light",sans-serif; font-size: 12.0pt; line-height: 200%; mso-ascii-theme-font: major-latin; mso-bidi-theme-font: major-latin; mso-hansi-theme-font: major-latin;">Fashion is a form of art in which an individual can express
themselves without actually touching pen to paper or paint to canvas. I believe
it is an expression of one’s true self, their personal style, and bold creativity.
What you choose to dress like on that day can make you feel sexy, confident, or
just chill. My idea of fashion is not necessarily subscribing to the season</span><span style="color: #454545; font-family: "Calibri Light",sans-serif; font-size: 12.0pt; line-height: 200%; mso-ascii-theme-font: major-latin; mso-bidi-theme-font: major-latin; mso-hansi-theme-font: major-latin;">’</span><span style="font-family: "Calibri Light",sans-serif; font-size: 12.0pt; line-height: 200%; mso-ascii-theme-font: major-latin; mso-bidi-theme-font: major-latin; mso-hansi-theme-font: major-latin;"> latest and
greatest, but whatever makes you feel good. Sometimes it is you that sets the
trend. One of my favorite things to do is people watch, I find that the first
thing I look at is what a person is wearing, their shoes, and even how they
styled their hair. As a fashion buyer it
is important to follow current fashion designers and understand market trends.
However, understanding and being able to relate to the consumer is an even more
vital part of the industry. Looking to them for inspiration and guidance is
what fuels and drives a store or company to be successful. Upon graduation I
hope to take the knowledge I have gained and my overall experience to establish
a career with a high end fashion company. It is my desire to not only </span><span style="color: #333333; font-family: "Calibri Light",sans-serif; font-size: 12.0pt; line-height: 200%; mso-ascii-theme-font: major-latin; mso-bidi-theme-font: major-latin; mso-hansi-theme-font: major-latin;">empower myself, but those around me and ultimately
make a personalized impact on the evolving world of fashion. </span><span style="font-family: "Calibri Light",sans-serif; font-size: 12.0pt; line-height: 200%; mso-ascii-theme-font: major-latin; mso-bidi-theme-font: major-latin; mso-hansi-theme-font: major-latin;"><o:p></o:p></span></div>
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Teymi Nyumi Accountinghttp://www.blogger.com/profile/15406923896386536378noreply@blogger.com0