...Country Road ACC5605 Accounting Theory and Practice By Anonymous Table of contents 1.1: Introduction 3 1.2: Country Road’s Mission 3 1.3: Background summary of Country Road’s products and services 4 1.4: Key Competitors 4 1.5: Competitive Strategy 6 1.6: Economic factors 7 2.1: Financial Statement Analysis 9 2.1.1: Common Size Analysis 9 2.1.2: Ratio Analysis 10 2.1.2 (a): Profitability 10 2.1.2 (b): Liquidity 11 2.1.2 (c): Capital Structure 12 2.2: Book value per share to the market value per share 14 2.3: Changes in the CEO 14 2.4: Auditor firm and the audit partner 15 2.5: Non Audit Services by the Auditor 15 2.6: Issues raised by the Auditing Firm 16 Appendix 17 Reference 21 1.1: Introduction The company of Group #3 is Country Road Limited (CTY). Country Road is an upscale retailer of branded products including quality apparel, homewares and related accessories, with a great number of freestanding store and department store concessions in Australia, New Zealand and South Africa. Country Road is on the list of the Australian Stock Exchange and it is a subsidiary of a South African company Woolworths Holdings which owns an 88% interest. The company’s home page http://www.countryroad.com.au/ shows about its productions, activities and other information. The URL of Country Road’s annual reports for the latest two years are attached, in descending chronological order: Country Road Annual Report for the year ending 2009: http://www...
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...An abandoned farmhouse located on a desolate country road is where a big, tall, godly man and his family once lived. The size of the man’s shoes and the extra length on the bed give clues about the size of this man. His family consisted of a woman and a child, because the rooms in the house were decorated with a woman’s touch, and the yard had a sandbox made from an old tractor tire. The fields full of large stones make them unsuitable for farming. The man failed to provide for his family. Money seemed scarce for the family, homemade food items were left on the shelves in the cellar. A crisis happened here, because the family left in a hurry. Evidence of their personal items are left abandoned at the farm. The man’s shoes left on broken...
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...` Measuring Road Transport Performance 1. Aspects of Performance To a large extent the bottom line indicator of performance of freight and passenger road transport is the operating cost per tonne or tonne-km (or per passenger or passenger-km). Level of service aspects such as travel time, reliability, safety, comfort and security are also important, as well as environmental impacts. Trucks: In countries where large-scale intercity trucking operates efficiently in medium-income countries with predominantly flat terrain, recent experience is that the transport cost per km for a truck-trailer is between US$0.75 and US$ 1.25. For a typical load of 20 tonnes, this works out at US cents 4-6 per tonne km. By contrast efficient small-scale transport in rural areas using small trucks may have a cost of US$ 0.20-0.30 per tonne-km, although it is common for the rates to be expressed on an hourly rather than km basis. Inefficient operations may push these costs much higher. Main factors that affect trucking costs are • economies of scale in truck size, which favor the use of larger trucks, • back-haul possibilities, which depend strongly on the demand pattern, • empty running and idle time due to seasonal variations in demand, • restrictions on working hours, for example due to regulations or safety reasons, • road conditions such as mountainous terrain, deteriorated pavement and traffic congestion, • enforcement procedures along the road and at border posts, which can...
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...MUDHLIWEVHU REG NUMBER : C13121173D PROGRAMME : BSSCM MODULE : PRINCIPLES OF TRANSPORT MANAGEMENT LEVEL : 2.1 ASSIGNMENT Discuss the policy instruments that the government of Zimbabwe applies to intervene in the freight-transport industry and point out in your view how these measures affect business logistics management and performance in the country. Introduction Transport policy deals with the development of a set of constructs and propositions that are established to achieve particular objectives relating to social, economic and environmental development, and the functioning and performance of the transport system. Policy has to be dynamic and evolutionary. The Relevance of Transport policies arise because of the extreme importance of transport in virtually every aspect of economic, social and political activities of nation states. The Logistics Performance Index ranked Zimbabwe at position 103 out of 155 economies, an indication on how difficult it is to move goods by roads in the country. Transport Sector Environment in Zimbabwe The transport sector environment is made up of public and private institutions and organisations. These are supported by legislation, which is implemented and policed by various institutions and individual operators of motor and non-motor transport. Legislation provides the methodology and procedure to handling and managing transport challenges and opportunities...
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...electricity, making traditional forms of teaching, like chalk and chalk board, the main form of learning for schools, and universities. The goal of founder and CEO, of Perfect Chalk, Jean Bosco Mugabe is to be able to provide affordable, high quality and locally made chalk to school in the greater Rwanda region. Jeans’ vision is to expand his business to the outer limits of Rwanda, and possibly into other parts of Africa. However, The Perfect Chalk Factory is currently suffering from limited growth opportunities due to the inability to efficiently transport products outside of a certain radius of operation. The reason for this limitation is the quality of vehicles available to the company, high transportation costs and the condition of the roads outside of the city. The question that is being presented is whether there are better forms of product transportation available to the Perfect Chalk Factory, or are they forced to limit the reach of their business to their current area of operation. Lowering the Cost of Transportation of Eastern Africa Teravaninthorn, and Raballand (2008) did a review of the main international corridors of Africa where they measured the costs, and the problems associated with the trucking industries of each region. The study was carried out in three phases. Phase one consisted of distributing a trucking survey, in which the researchers were hoping to understand the basic operations of trucking services. Phase two...
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...prominent cause of child mortality in developing nations (Green, Small, & Casman, 2009). This essay will explore how increased road and highway construction is one environmental determinant that is having a distally negative effect on individuals’ health in developing countries (Joseph et al., 2006). It will be argued that access to clean water and health education, regarding infectious contamination, as well as sanitation and hygiene, are significant resources for reducing diarrhoeal disease incidences (Green, Small, & Casman, 2009). Diarrhoeal disease is classified as the excessive passing, exceeding three, of loose or liquid stools daily; which is commonly a symptom of an intestinal tract infection, brought on by bacteria, parasites’ or virus’(Jamison, 2006). This disease is transmitted through the consumption of faeces contaminated food or water, as well as physical human contact, resulting from poor hygiene (Bain et al., 2014). There are 1.7 billion reported incidences annually of diarrhoeal disease across the world (World Health Organisation, 2013). Approximately 760,000 are morbidity cases of children under the age of five (World Health Organisation, 2013). Some key determinants of diarrhoeal disease are clean drinking water, sanitation and hygiene (Prüss-Ustün et al., 2014). Joseph, et al., (2006) states environmental changes, like road construction, exasperate the prevalence of diarrhoeal disease in developing nations. Developing nations are experiencing the...
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...I. Introduction According to S. R. Harvey (2004), Public Finance is the branch of economics that studies the taxing and spending activities of government. Public finance refers to government activities including taxing, spending, and budgeting. Government controls the public activities to ensure stabilization of economic. In order to maintain the economic stabilization in the country, there must be budget. Means that budget is important for the government to allocate the expenditure of the country. Budget can be defined as an estimation of income and expenditure for a set period of time. Furthermore, budget is a microeconomic concept that shows the tradeoff made when one good is exchanged for another. . According to Ekstein (1973), budget can been define as detail statement of income and expenditure that have been made or expected to be made. There are several function of a budget which is as a policy tool and instrument. Means that, budget is a tangible of a policy decision whereby budget is a means of establishing policy that been accomplished through the budget’s allocation of government resource. Besides that other function of budget is as a management tool whereby almost all government activities are funded through the budget and since the budget is a continuous process it is an effective tool for the public official because it provides an effective management device at every stage of government activity. Means that, any of the activity planned by government will be reflected...
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...among the military. As stated before, our military does not need this money. The pentagon, housing the Department of Defense, has a budget that consumes 80% of individual income tax revenue (Budget). That leaves 20% for other government-funded programs to thrive, in terms of income tax. If we cut that number, even just in half, we would have more funds for low-income families and their needs for healthcare and education. Although our military defense is one of the more important places America must put our money into, we still need to pay more attention to these other in-need areas. Healthcare and education are two of the most necessary services America provides to our citizens to live and sustain in this world. Without healthcare, our country would deplete and ultimately die off. Without education, we would be left without leaders to head America in the future and ultimately fall apart in terms of medical needs, law enforcement needs, and political...
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...should arrange good environment for farmers and agro investors to increase the Production & Exports. • The Government should enactment strict laws and regulations to prevent any new building or construction work over muck soil areas. • The Government of Bangladesh should send agronomists for missions outside the country to comeback with new technology to improve Agro. • The Government of Bangladesh should reduce interest from Banks to help farmers and investors to increase the Productivity. • The Government of Bangladesh should reduce the customers over Agro equipments and tools so it will minimize harvesting time. • The Government of Bangladesh should provide good quality Compost from modern and advanced countries so it will improve crops. • The Government of Bangladesh should be setting good prices to local farmers and investors so they can encourage cultivating and producing more corps for exporting purposes. • The Government of Bangladesh should use diplomatic ways to open markets outside for the corps of Bangladesh. • The Government of Bangladesh should provide new technology through mutual arrangements with other countries to improve the situation. 2) Using High Technology is very important step in Agro : • Storage System during shipping and local transportation. • Tools and Equipments • Training for farmers to guide them on how to produce more with low cost and how to use modern methods in irrigation to save water...
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...A traffic jam is a long line of vehicles that cannot move forward because there is too much traffic, or because the road is blocked by something. The major factor behind traffic Jam in Bangladesh: There are many reasons behind traffic jam in Bangladesh. Among them some major factors are as follows: ➢ Undisciplined traffic signal in the road. ➢ Indiscipline among the road user. ➢ Might is right, everybody are free to park their vehicle on Road. ➢ No knowledge of traffic rules which encourage violating the rules. ➢ Enforcement of rules by dishonest persons who are busy in collection of illegal money from traffic rules violators. ➢ Heavy numbers of vehicle on roads. Traffic Jam and its reason at glance in Bangladesh Traffic jam is a common phenomenon in our country especially in Dhaka city, one of the mega cities in the world. It is not a problem now-a-days rather it is more than a problem because problem has some solutions that traffic jam has not. Time is the most valuable things in the twenty first centaury no doubt. And traffic jam is killing the most productive time of the people of Dhaka city. Time is going on and on and we are lagging behind. The world is becoming speedy where as we are becoming slower. It is a common scenario that in morning and evening the jam becomes bad to worse. Student pressure is another vital reason for traffic jam because kindergartens, schools, private universities and coaching centers are growing like...
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...Synthesis Essay In these three book, The Sun Also Rises, On The Road and In The Life Of Denisovich, all of the features reflect many of the aspects of the characters subcultures. The beat generation and lost generation talks about how guys go on a journey on the road while the members all of the siberian labor camp tells the reader, people's rough life trying to survive. The beat generation and lost generation goes at a much faster pace than the members of the Siberian labor camp. The Beat Generation and the Lost Generation has what's going on on a daily while the members of the Siberia says what's going on in one day. Also the tone of these three books are similar. The beat generation and the Lost Generation, the authors as a positive attitude towards these books. The author's tone is exciting because those book tells you they go out a lot and party and drunk and have fun and also get at girls. The members of the Siberian labor camp tone is more bitter. They are just trying to survive the camp so they can get back to their family. In the three books, the author uses tone, sentences structure and pace to represent these subculture. The book On The Road is a beat generation of which are more of a outgoing group. Two guys go on the road to have fun with each other and discover new things. In the book On The Road the author uses sentence structure. The paragraphs are really long because they are always on the road. “And he balled that clear to Iowa city…. and all I had to do was...
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...sea life was gorgeous. Not only did I get to see the tourist part of Cabo, I also got to the see the poor and native side to it. The people and the food were amazing. The people were very nice and didn’t have a problem being friends with anyone and they made great and delicious food. The food was outstanding, the right mix of flavors, sweet and savory and sour, and it was the best food I had ever eaten. The landscape was very beautiful as well, the mountains, the beaches, and the homes, were all great and breathe taking. Going from the tourist area to the actual Cabo was a major difference; you went from clean paved roads to dirt roads and the buildings were made out of what the people could find. Some of them were made out of concrete, just like in the tourist area, but only if the family had the money for it. The love the people have for their country has not faltered even though the living conditions are hard, they still get up and go to work. They don’t try to fight their government in any way. The artwork was stunning and fantastic. The colors popped out at you and they were so vibrant. I was amazed at every piece of art that I looked at. Some of the art that you could look at was not appropriate for younger audiences in the USA, but because things are different there, you could still buy them there if you were 15 or so. You could also drink at the age of 18, but you still have show...
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...Project Appraisal Larsen & Toubro Breakthrough Project The Coimbatore Bypass Road Project The Coimbatore Bypass was the first road project to be implemented in South India on BOT1 (build, operate and transfer) basis. The project was a pioneering initiative, which incorporated private sector participation and levy of toll on users to ensure sustainability in the long run. The road ran between Neelambur on the Salem side of NH-47 Tamilnadu and in Kerala2, Madukkarai on the Palghat side. The project involved construction of a 28-km long two-lane bypass road, the 32.2m new Athupalam bridge across the river Noyal, the railway overbridge at Chettipalayam Tamilnadu and the maintenance of the old bridge at Athupalam, all in the state of Tamilnadu. Larsen & Toubro (L&T)3was authorized to collect and retain the fee from users of the new and old Athupalam bridges. The bypass was expected to ease the traffic congestion in Coimbatore city, Tamilnadu and the Salem-Cochin national highway running between Tamilnadu and Kerala. The shippers, mostly export oriented units relying on the Cochin port for shipments, were other major beneficiaries as transportation time could be saved using the new road. Construction was started in January 1998 and completed in 22 months time. The Athupalam bridge was opened for traffic in December 1998 and the bypass became operative from January19, 2000. The project cost was about Rs.1.04 bn. The project concession period was for 12 years, and was expected...
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... which saturates the entire society. To meet the present and future demand for infrastructure development, developing and least developed countries like Bangladesh always face scarcity of their own resources. Therefore, to accelerate infrastructure development, the Government has encouraged private sector participation in infrastructure projects. Bangladesh inherited underdeveloped and unevenly distributed infrastructure and transportation networks. Poor and inefficient infrastructure undermined the economic development in the country, and only recently has the government been able to address the problem systematically and channel investments towards expanding its highways, railroads, seaports, and airports. In this term paper I have discussed the past and current situation of the country’s 2 sectors of infrastructure i.e. communication (roads) and Power (solar) sector and their contribution towards the development of our economy. 2. Bangladesh Infrastructure: Power and Communication Bangladesh belongs to the group of countries with the lowest commercial energy consumption per head in the world. The CIA estimated that in 1999 the country produced 12.5 billion kWh, 85 percent of which was produced using gas, 7.0 percent was produced at hydroelectric power plants, and around 8 percent by using liquid fuel. According to the EIU Country Profile, 85 percent of households in...
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...HIGHWAY & TRANSPORTATION ENGINEERING ASSIGNMENT: How to reduce the number of road accidents in Kenya. LECTURER: Mr. Ogutu Submission date April 14, 2014. Introduction A road accident, also known as a traffic accident, motor vehicle collision, motor vehicle accident, car accident, automobile accident, road traffic collision, car crash, or car smash occurs when a vehicle collides with another vehicle, pedestrian, animal, road debris, or other stationary obstruction, such as a tree or utility pole for instance electricity poles or fence poles. Traffic collisions may result in injury, death, vehicle damage and property damage. They have led to loss of thousands of life and others being paralyzed for the rest of their lives while others are left with permanent scars which remind them of the occurrence. It is regarded as one of the main cause of death after diseases. Here I am going to concentrate on how to reduce road accidents in Kenya through the various engineering disciplines in the country. These disciplines include geospatial engineering, civil and building engineering, mechanical engineering (automotive engineering) and electrical engineering. A. Improvement of road design to reduce accidents on black spots This area has the geospatial and civil engineers who mainly deal with design and construction of roads in the country. Here fall many black spots, mainly because some roads were poorly designed and inspection wasn’t done in the right way. Accidents occur mainly...
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