I need your advise. Business sells items. 25% customers pay next month. For Oct. cash collected was $21000 and $6500(accounts receivable) from Sept. Total-27500. What is revenue in this case?

Thank you,

Luiza

___________________

If you are on cash basis accounting, this is simply the $27,500 received in the month.

However, I expect you are on accrual basis, in which case the sales made in the month are what you want to count instead of the cash received. Under accrual, you sold $21,000 that you already collected on, and another 25% that will be collected the following month. Therefore, the $21,000 is 75% of revenue for the month. Now it becomes an algebra problem:

$21,000/.75 = $28,000 

The $6,500 of accounts receivable is the 25% of the prior month's revenue, so it doesn't count for this month.

Good studying! 

The latest issue of Time carries the story "Is it time to invade Burma?" They describe the devastation of Cyclone Nargis as it slammed into the Irrawaddy Delta last week, and the inability/unwillingness of the military junta to embrace international aid to their stricken populace.

Is the answer here to "force" assistance? Is the answer to render aid in spite of the wishes of the Burmese government? This is a hard one to swallow. On one hand, the humanitarian perspective says "it is easier to ask for forgiveness than permission." On the other hand, the "rightness" of forcing our values and sense of justice on a sovereign nation is at the core of the current opposition to the invasions of Iraq and Afghanistan.

It isn't easy being the good guy... 

Got another case study for an SEO project, trying to improve the search engine ranking for the website BetterBankruptcy.com with the keywords below.

Bankruptcy is a legal process available to individuals or married couples who need help dealing with a large amount of debt. In a bankruptcy, you and your bankruptcy lawyer work with a court and a trustee -- a person appointed by the court to administer the bankruptcy -- to pay off some of your debt and have the rest forgiven.

As soon as you file bankruptcy, you are granted an automatic stay, which stops creditors from harassing you and trying to repossess, foreclose, or collect on the debt. At the end of the bankruptcy process -- which can take four months to five years, depending on which chapter you file under -- you will receive a bankruptcy discharge which effectively eliminates many debts.

BetterBankruptcy has bankruptcy lawyers in your area waiting to help you.

From the case study, here are the rankings:

As of today (5/7/08) here are the results for bankruptcy lawyer:

• Google: #121 of 1.7 million pages
• Yahoo: unranked of 34.6 million pages
• MSN: unranked of 13.5 million pages

Here are the results for bankruptcy attorney:

• Google: #76 of 1.6 million pages
• Yahoo: unranked of 36 million pages
• MSN: #31 of 17.4 million pages

Got another case study for an SEO project, trying to improve the search engine ranking for the website BankruptcyHome.com with the keywords below.

Bankruptcy is a very difficult choice for many Americans. Last year, over two million people in the U.S. filed for personal bankruptcy. BankruptcyHome can help you decide whether bankruptcy is the right move for you, and provides valuable information including:

• the difference between Chapter 7 bankruptcy and Chapter 13 bankruptcy
• how the process of filing bankruptcy works
• how to stop foreclosure on your home

From the case study, here are the rankings:

As of today (5/7/08) here are the results for bankruptcy:

• Google: #6 of 51.7 million pages
• Yahoo: #28 of 176 million pages
• MSN: #3 of 32.9 million pages

Here are the results for filing bankruptcy:

• Google: #5 of 1.9 million pages
• Yahoo: #4 of 45.3 million pages
• MSN: #1 of 7.6 million pages

Here are the results for how to file bankruptcy:

• Google: #4 of 2.3 million pages
• Yahoo: #178 of 56.4 million pages
• MSN: #1 of 14 million pages

Here are the results for file bankruptcy:

• Google: #7 of 1.8 million pages
• Yahoo: #3 of 45.1 million pages
• MSN: #2 of 14.6 million pages

We get alot of accounting and MBA students searching for homework help at our site. Whether the textbook is confusing or the case notes are incomplete or they just need some extra help, we have a bunch of resources to help accounting students get the homework help they need:

Try our resources and you'll find getting better grades in less time isn't that hard!

We get alot of students searching for homework help at our site, that are having trouble with business math. Whether the textbook is confusing or they just need some extra help, we have a bunch of resources to help students get the business math homework help they need:

Try our resources and you'll find getting better grades in less time isn't that hard!

Democrats raised holy hell back in the presidential election of 2001, where voting irregularities in Florida were cited as evidence that not all votes were being counted. It's somewhat ironic that the same issue has once again raised its ugly head in this year's primary season, only this time it's Florida and Michigan voters that are being disenfranchised. The main difference, of course, is that a large portion of the Democratic faithful (those who pull for Obama) are the ones being accused by a different large portion of the Democratic faithful (those pulling for Hillary) of ignoring the will of the people.

Amidst this ongoing tempest, it's interesting to see that in yesterday's Guam primary the difference between winner Barack Obama and loser Hillary Clinton was a scant seven votes. SEVEN. That's like a few friends who decided to vote before going to a movie.

I guess every vote does count, as long as you don't live in Florida or Michigan. 

Last month I blogged about an SEO project on the keyword phrase "Real Estate Investor Tools" where I was trying to move it up from its Google position of #284 of 33 million pages.

"My 'regular' job is working for a company that does web development with CSS (cascading style sheets) and SEO work (search engine optimization) for their own websites and for their clients. We're working on one website in a particularly challenging and competitive SEO area -- real estate investor tools. There are lots of websites out there all fighting for high rankings with various keywords, and the client has select some they want to conquer.

So here's what I'm doing. I wrote up a case study of what we're up to with trying to improve the search engine rankings for the website MyTurboBidder.com with the keywords below. I've included the latest rankings, and will update things as the project progresses."

Since then, Google has gone through its periodic housecleaning/reshuffling of search results for real estate investor tools. The rankings initially dropped to #472 but after the dust settled began surging upwards again. At today's review, the results are pretty impressive for the big three search engines:

Anyway, here are this week's updates for Real Estate Investor Tools:

• Google: #48 of 2.4 million pages
• Yahoo: #2 of 37 million pages
• MSN: #1 of 4.2 million pages

Updates for Real Estate Investor Tool:

• Google: #29 of 13 million pages
• Yahoo: #1 of 43 million pages
• MSN: #1 of 4.3 million pages

I read an interesting article this morning on the UW Oshkosh website entitled "Publishers: Professor Drive Up Book Prices" that had me laughing out loud.

A regional manager from a major textbook publisher claimed that "the high cost of paper and fuel also contributed to a rise in text prices but said millions of dollars in profits are lost because professors practice book buying." Now I know this manager -- she's a very nice person, but I can't believe that she really believes the profs are at fault here.

A bit of background... A typical sales rep calls on hundreds of professors over the course of a semester, which is probably way too many to give each of them really good sales service and attention. So, the industry practice is the begin the semester selling season by shipping out thousands -- yes, I said thousands -- of free textbooks that their profs might be interested in. These are books that the profs probably haven't asked about, or for. They're just shipped out, thousands of books for free, so the sales reps can subsequently contact the prof and fish for the sale.

The cost of shipping these free books (called desk copies) is factored into the initial pricing decisions. In other words, the textbook publishers know beforehand that they will forego hundreds of thousands of dollars in sales by sending these textbooks out for free.

Now comes the fun part. The prof, who never asked for the book to begin with and may not even think it's any good, gets asked by a third-party book buyer if s/he has any textbooks they want to sell. When was the last time you were in a prof's office? It isn't like they have lots of room for these unwanted books, so they say sure. (They were probably going to be thrown out anyway.)

So suddenly the professors are at fault for cleaning unwanted, unsolicited textbooks out their office?

One of the things I learned in business classes is not to blame your customers for your own problems. It doesn't help you solve anything, and you run the risk of alienating your customers. Perhaps the textbook publishers ought to refresh their business sense with one of their own textbooks.

I drink alot of coffee, perhaps too much. (OK, not perhaps. Definitely too much.) Anyway, had to laugh at this story on BBC about animal dung coffee being sold in London.

First of all, I'm appalled that anybody would put anything into Jamaican Blue Mountain. It is the best coffee I've ever had, and should not be spoiled with any sort of mixer -- not cream, not sugar, nothing. Drink it black to enjoy the flavor. Anyway, they mix it with Kopi Luwak beans (of which I've never heard before), which are apparently really good.

So where does the animal dung come into play? According to the article, the Kopi Luwak beans are eaten by the Asian palm civet, which only eats the best beans. The civet's digestive system breaks down the flesh of the fruit, leaving the bean undigested when it is "passed".

The "passed" beans are harvested and, in a critical processing step, thoroughly washed. The cleansed beans are then roasted, mixed, brewed, etc. yielding what must be one mean cup of Crappuccino.

No animal dung is harmed in the making of this coffee. Still, some people will drink anything, I guess.