...• The Three Little Pigs • Once upon a time there was a mother pig who had three little pigs. The three little pigs grew so big that their mother said to them, "You are too big to live here any longer. You must go and build houses for yourselves. But take care that the wolf does not catch you." • The three little pigs set off. "We will take care that the wolf does not catch us," they said. Soon they met a man who was carrying some straw. "Please will you give me some straw?" asked the first little pig. "I want to build a house for myself." "Yes," said the man and he gave the first little pig some straw. • Then the first little pig built himself a house of straw. He was very pleased with his house. He said, "Now the wolf won't catch me and eat me." "I shall build a stronger house than yours," said the second little pig. "I shall build a stronger house than yours, too," said the third little pig. • The second little pig and the third little pig went on along the road. Soon they met a man who was carrying some sticks. "Please will you give me some sticks?" asked the second little pig. "I want to build a house for myself." "Yes," said the man and he gave the second little pig some sticks. • Then the second little pig built himself a house of sticks. It was stronger than the house of straw. The second little pig was very pleased with his house. He said, "Now the wolf won't catch me and eat me." "I shall build a stronger house than yours," said the third little...
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...The Three Little Pigs Once upon a time, there were three little pigs Oinky, Doinky, and Boinky, who live with their mother at the forest. One day there mother told them “ You’re all enough to be still living with me. Go and build houses for yourselves, just remember there is a big bad wolf out there so be careful and make your houses strong.” “Yes mother” Said the three little pigs “We will be ready for it” Oinky the oldest pig, was so lazy to build a house so he thought of making a house of straw.” Doinky the Second little pig likes to play a lot so he thought of making a house of sticks. Boinky the third little pig was clever enough to know that the big bad wolf is strong so he thought of making a house of bricks. One day, Oinky was outside of his house of his house when the big bad wolf came, Oinky quickly run and locked the door. “Little pig, little pig let me come in.” cried the wolf “No, no by the hair of my chinny chin chin I will not let you in.” Replied the little pig “Then I’ll huff and I’ll puff an I’ll blow your houses away” Shouted the wolf. The big bad wolf blew away Oinky’s house of straw and Oinky run to Doinky’s house of sticks. The following day the big bad wolf passed by Doinky’s house of sticks and saw the two pigs inside. “Little pigs, little pigs let me come in.” cried the wolf “No, no by the hair of our chinny chin chin we will not let you in.” Replied the two little pigs “Then I’ll huff and I’ll puff an I’ll blow your houses away” Shouted...
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...The Three Little Pigs Once upon a time, there were three little pigs Oinky, Doinky, and Boinky, who live with their mother at the forest. One day there mother told them “ You’re all enough to be still living with me. Go and build houses for yourselves, just remember there is a big bad wolf out there so be careful and make your houses strong.” “Yes mother” Said the three little pigs “We will be ready for it” Oinky the oldest pig, was so lazy to build a house so he thought of making a house of straw.” Doinky the Second little pig likes to play a lot so he thought of making a house of sticks. Boinky the third little pig was clever enough to know that the big bad wolf is strong so he thought of making a house of bricks. One day, Oinky was outside of his house of his house when the big bad wolf came, Oinky quickly run and locked the door. “Little pig, little pig let me come in.” cried the wolf “No, no by the hair of my chinny chin chin I will not let you in.” Replied the little pig “Then I’ll huff and I’ll puff an I’ll blow your houses away” Shouted the wolf. The big bad wolf blew away Oinky’s house of straw and Oinky run to Doinky’s house of sticks. The following day the big bad wolf passed by Doinky’s house of sticks and saw the two pigs inside. “Little pigs, little pigs let me come in.” cried the wolf “No, no by the hair of our chinny chin chin we will not let you in.” Replied the two little pigs “Then I’ll huff and I’ll puff an I’ll blow your houses away” Shouted...
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...First Little Pig, and The Second Little Pig. This criminal trial is expected to be followed by a civil trial to be brought by the surviving Third Little Pig. The case has been characterized as a media circus. His testimony is transcribed below: "Everybody knows the story of the Three Little Pigs. Or at least they think they do. But I'll let you in on a little secret. Nobody knows the real story, because nobody has ever heard my side of the story. I'm Alexander T. Wolf. You can call me Al. I don't know how this whole Big Bad Wolf thing got started, but it's all wrong. Maybe it's because of our diet. Hey, it's not my fault wolves eat cute little animals like bunnies and sheep and pigs. That's just the way we are. If cheeseburgers were cute, folks would probably think you were Big and Bad too. But like I was saying, the whole big bad wolf thing is all wrong. The real story is about a sneeze and a cup of sugar. THIS IS THE REAL STORY. Way back in Once Upon a Time time, I was making a birthday cake for my dear old granny. I had a terrible sneezing cold. I ran out of sugar. So I walked down the street to ask my neighbor for a cup of sugar. Now this neighbor was a pig. And he wasn't too bright either. He had built his whole house out of straw. Can you believe it? I mean who in his right mind would build a house of straw? So of course the minute I knocked on the door, it fell right in. I didn't want to just walk into someone else's house. So I called, "Little Pig, Little Pig...
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...The Three Little Pigs Rewrite Once upon a time there was a wolf who loved doing good things for people. The only thing he loved more was his mother. One day she sat him down and told him that it’s time for him to move out and find a house and family for himself. So he packed up his stuff and moved out, but first he made sure to say goodbye to his mother, his father, and his grandma and grandpa. Somewhere else in the world the same thing was happening to 3 little piggies who are brothers. Their mom sent them out to go build a home and find a family. Later that day Great Good Wolf was walking on a tiny road through the forest when suddenly he heard someone scream “HELP” so he dropped his bags and ran towards the screams. When he got there...
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...Abstract The pigs are always fat, lazy, and happy, whereas the wolves are always intimidating, shrewd, and even reckless. The tyrant in the story of the Three Little Pigs is the wolf, who is unable to be satisfied by his cravings and who must continue in his endless search for meaning. The story seems to portray the wolf as an imposing figure that is unconquerable by the pigs; however, in the end the wit of the third pig does indeed conquer the wolf. The wolf, in a typical role of preying on the weak, is able to blow down the houses of the first two pigs, but the third pig’s business nature and sturdy home hinders the wolf. The cycle is supposed to be a reverse full circle, with the pigs now being at the top of the food chain and in a sense, will retain the revolutionary spirit that had once been contained within the wolf, but was then passed on to the pig. All four of these stories provide their own perceptive insights into the classic tale, and shows how one story can provide four different viewpoints that are each unique and each worthy of expansion into their own universes. The Three Little Pigs This paper studies the different levels of perceived cunning between the wolf and the pig, using several examples to determine each animal’s resourcefulness. The stories of the Three Little Pigs have a single and commonly understood plot and the moral of the tale shows how productiveness and tenacity pay off in the end. The twist in these four stories is that each of the...
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...Case 04-4 Three Little Pigs, Inc. Research Response Three Little Pigs, Inc. (PIGS) is a provider of live hogs and pork products. They classify inventory into three distinct categories: live hogs ready for sale, developing animals, and processed pork products. They have always evaluated inventory at cost because the wholesale price has always exceeded the cost of bringing the products to the market. Now, due to several factors, PIGS believes that they may have a lower of cost or market issue related to valuing some of the hogs. 1) Does PIGS need to write-down inventory? 2) What approach should be used for the write-down (by category, total, end category, etc.)? Does PIGS need to write-down inventory? PIGS has evidence that predicted futures prices for the months of October 2002 – January 2003 will fall below the cost of production for a hog. Where there is evidence that the utility of goods will be less than cost the difference is recognized in the current period (ASC 330-10-35-1). A write-down is generally required unless the decline is due to seasonal price fluctuations (ASC 330-10-55-2). Though, Farmer Joe believes this is just a seasonal fluctuation, there is not enough evidence in the case to support that claim. There are no examples of this happening in prior years. The one reason that is given for the price decrease is the capture of the Big Bad Wolf, which led to an increase in the supply of pork. This appears to be an unusual event that would not happen...
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...Three little pigs It's been three weeks since the big bad wolf has eaten my two brothers and I haven't had an opportunity to give them a proper burial because I fear the wolf is lurking out in the woods still. Some Days during my morning breakfast, I see a movement in trees, he's out there I know he is, lurking, looking, waiting for me to open my door and let my guard down. Sometimes at night i'll wake up to the sound of claws on my window “skrrreeek” (onomatopoeia). I quickly turn on my light look out the window but nothing was there. The only reason that the big bad wolf hasn't got me yet is because I have my strong brick house unlike my idiot brothers who hastily built houses of straw and twig. But lately I have gotten myself in a bit of hot water since I have built my home, I have been getting visited by some men in suits who say I need to get my home inspected to make sure it is up to date with some silly code, plus on top of that I have to start...
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...Imagine you were in the three little pigs. If you could choose from any of the three pigs in the story, which one would you choose to be? In the short story, “The Story of the Three Little Pigs” there are three pigs that all try to protect themselves from the big bad wolf. They all make houses, out of different materials, to stop the wolf from eating them. The first two pigs build a weak house and get eaten by the big bad wolf. However, the third pig outsmarts the wolf so he doesn't get eaten. Eventually, the pig leads the wolf into a trap and the pig eats the wolf. Some might say the first pig is the most admirable or the second pig or the third. Out of all the three little pigs, the third pig is the most admirable. He was the most admirable...
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...Accounting 381 Project 2: Three Little Pigs Case Study (15 points) Due: Thursday, March 11 (at beginning of class). Also, please be prepared to discuss the case and your group’s solution in class on this date. Groups: Please work in groups of 3-5 students (submit 1 discussion per group). You may select your own groups. Please contact me if you are having difficulty finding a group. Required: First, prepare a discussion outlining the alternatives for determining whether inventory impairment exists in the Three Little Pigs case. Second, if the company determines that an impairment of inventory is necessary, prepare a discussion outlining the alternatives for determining whether the impairment should be recognized in an interim period. Relying on the applicable guidance, discuss the appropriate way for Three Little Pigs to evaluate and recognize inventory impairment. Your discussion should include cites to the applicable guidance and how it applies to Three Little Pigs’ transactions. Your discussion should be no more than 3 pages in length. Applicable Professional Pronouncements: • ASC 270, Interim Reporting (Accounting Principles Board Opinion 28, Interim Financial Reporting) • ASC 330, Inventory (Accounting Research Bulletin 43, Restatement and Revision of Accounting Research Bulletins (ARB 43) as amended by FASB Statement No. 151, Inventory Cost. and Emerging Issues Task Force 86-13, Recognition of Inventory Declines at Interim Reporting Dates...
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...CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Supply chain encompasses several business entities including suppliers, manufacturers, wholesalers, distributors, retailers and customers concerned with ensuring the flow of raw materials, component parts or finished goods from the source to the final destination, organizations can no longer detached from these business entities (Adebayo, 2012). As stated by (Gunasekaran et al., 2003), companies cannot run away from being part of SCM in either operational or strategic level of implementation. In the traditional way, companies just buy the raw material, process it to become final product and distribute it to the customers. At the strategic level of implementation, the focus is more toward fulfilling customer’s requirement and satisfaction. Supply chain management can help a company achieve the true return on investment of customer relationship management (CRM) systems, making it easier to see how well-managed and efficient supply chain operations have a significant bearing on the organization’s overall financial performance. One important benefit is that supply chain management reduces the time required for a new product or service to progress from the initial concept to its final delivery to the market. Indeed, a key objective of supply chain management is to bring new ideas to market faster, whether they are innovations from in-house or ideas gleaned from elsewhere that an enterprise needs to transform into deliverable...
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...Matt Casula Professor Rouse Accounting 204 Segment Reporting, Decentralization, and the Balanced Scorecard I chose to cover chapter 12: Segment Reporting, Decentralization, and the Balanced Scorecard. A decentralized organization is when decision-making authority is spread throughout the organization rather than being confined to a few top executives. Most large corporations are forced to have some sort of decentralization, however some to a certain extent. There are highly centralized corporations that give lower-level managers very little decision-making ability. Then there are highly decentralized corporations that allow lower-level managers to have the freedom to make decisions. Being highly decentralized corporation has many advantages. It allows for the managers/employees to make decisions that have the most up-to-date information about daily operations. Top-Management doesn’t have to worry about making little decisions and can concentrate their efforts on other issues. Decentralizing allows for better customer service by having the people making decisions easily available. Also, giving the lower-level managers freedom to make decisions increases their motivation and job satisfaction leading to higher productivity and higher loyalty to the company. However, there are some disadvantages to decentralized organizations. Lower-level managers may not make the best decision when it comes to looking at the whole picture. Also, something that might be good for the...
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...Three Little Pigs We can conclude that PIGS will recognize the use of the lower of cost or market because of the “decrease in price” for live hogs and developing animals held for sale to third parties if we evaluate ASC 330-10-35-2, which states that “…, in accounting for inventories, a loss shall be recognized whenever the utility of goods is impaired by damage, deterioration, obsolescence, changes in price levels, or other causes. The measurement of such losses shall be accomplished by applying the rule of pricing inventories at the lower of cost or market.” Since we are dealing with specialized inventories, we can further uphold our previous position by looking at ASC 905-330-35-2 that states that “Developing animals to be held for sale shall be valued at the lower of cost or market” and ASC 905-330-35-2 which states “Animals held for sale shall be valued at either of the following: a. The lower of cost or market b. At sales price less estimated costs of disposal, if all the following conditions exist: 1. The product has a reliable, readily determinable, and realizable market price. 2. The product has relatively insignificant and predictable costs of disposal. 3. The product is available for immediate delivery. Inventories of harvested crops and livestock held for sale and commonly referred to as valued at market are actually valued at net realizable value.” Since we do not know if PIGS meets the conditions listed in ASC 905-330-35-2(B), then we can assume that the...
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...The Story of The Three Little Pigs Once upon a time, there was a mother pig who had three little baby pigs. The three little pigs grew so big that their mother said to them, "You are too big to live here any longer. You must go and build houses for yourselves. But take care that the wolf does not catch you." The three little pigs set off. "We will take care that the wolf does not catch us," they said. Soon they met a man who was carrying some straw. "Please will you give me some straw?" asked the first little pig. "I want to build a house for myself." "Sure," said the man, and he gave the first little pig some straw. The first little pig built himself a house out of it. He was very pleased with his house. He said, "Now the wolf won't catch me and eat me!" The second little pig and the third little pig went on along the road. Soon they met a man who was carrying some sticks. "Please will you give me some sticks?" asked the second little pig. "I want to build a house for myself." "Sure," said the man, and he gave the second little pig some sticks. Then the second little pig built himself a house of sticks. It was stronger than the house of straw. The second little pig was very pleased with his house. He said, "Now the wolf won't catch me and eat me!" The third little pig walked along the road by himself. Soon he met a man carrying some bricks. "Please will you give me some bricks?" asked the third little pig. "I want to build a house for myself." "Sure," said the man...
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...Once upon a time in a quiet town, there lived three vertically challenged pigs. The three pigs were ready to move out of their parents’ home, not out of selfishness or teenage rebellion, but to begin a strong, independent life as college students. With their extensive knowledge of engineering, they set out to go make a difference in the world. There was one problem though: they were broke college students in need of a place to stay. The pigs decided to create eco-friendly houses to accommodate to their friendly forest creatures by using only the most natural materials found in the environment. One pig built a house out of straw, the other one built a house out of sticks, and the last one built a house out of dung and soil. Mind you, neither...
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