Pro forma Statements∗ After thoroughly analyzing a company's current situation and the road it took to get there, it is natural to next ask where it is going. The answer will depend on numerous factors including the economic environment, competition, customer tastes, and both strategic and tactical choices. It is the job of the pro forma financial statements to translate these operational forces into numerical estimates of expected financial performance. There are several reasons for projecting
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Part A 1. State your Critical Operational Issues (COIs). COI 1: Does the vessel operate globally? COI 2: Does the vessel support an acceptable rate of return? COI 3: Is the whole life-cycle cost of the vessel low? COI 4: Is the vessel able to transit at high speed? COI 5: Is the vessel capable of a rapid turnaround? 2. Describe how these Critical Validation Issues are to be tested. This is pitched at the Test and Evaluation Master Plan level, but may show aspects
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its shareholders, creditors and other stakeholder groups who may have the interest in knowing the position of the companies and their activities. It is equally important to maintain an equilibrium or balance between the cost of collecting and publishing the information and the cost of finding the information by the respective readers. It does not necessarily mean that adding bulks of information make the report a good one. It is the quality of information that counts. Government is highly dedicated
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Enterprise resource planning in the global marketplace, advantages and limitations Name: Michael Yin Course: OPM-5050 Professor: R. Levary Abstract Enterprise Resource Planning (ERP) is one of the major issues the modern-day entrepreneurial world. This paper discusses ERP in details and extensively. The paper introduces ERP by giving background information, discusses the evolution of ERP systems, analyses the advantages and limitations of ERP systems, and concludes by giving a summary of the important
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business and government forecasting approaches need to be made in the interest of the public, community or business (McCalman, 2012) This topic was chosen for academic as well professional interest as correct and accurate forecasting can serve as great cost saving methods or revenue generator for an organization. Article Review & Comparison McCalman defines forecasting as the prediction of future events comparing both informal and formal methods both in business and government. The most informal
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production schedule for the cell phones market. The last section is to identify the optimal price for pony handheld consoles. 2. Section 1: Demand forecast In this section, it will provide the demand forecast for next four months based on the historical demand data. There are four forecast methods used in this part, which are moving average, simple exponential smoothing, Holt’s model, and Winter’s model respectively. Firstly, I will figure out the MAPE (mean absolute percentage error) of all these
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Research Based Case Study and Report (ACCG224) Cervantes Corporation Ltd. South Perth, WA Clean Seas Tuna Limited South Australia BY: Jiamei Gu Student ID: 42184169 October 2, 2012 Table of Contents EXECUTIVE SUMMARY 3 INTRODUCTION 4 EVALUATION OF THE DISCLOSURES OF SELECTED COMPANIES 5 Disclosures on Intangible Assets 5 Compliance with AASB 138, Paragraphs 118 to 123 and 126 to 128 6 Differences in Disclosures Between the Two Companies 7 RECOMMENDATIONS 9 LIST OF REFERENCES 10 APPENDICES
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CHAPTER 1 ANSWERS TO QUESTIONS 1. Yes, this is correct. Virtually every organization and person in our society uses accounting information. Businesses, investors, creditors, government agencies, and not-for-profit organizations must use accounting information to operate effectively. 3. (a) Internal users are those who plan, organize, and run the business and therefore are officers and other decision makers. (b) To assist management, managerial accounting provides internal reports
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prices related to crude oil prices. The crude oil prices make up 66 percent of the gasoline’s price and the rest of the percentage, around 34 percent would be distributed into some more costs, included taxes, and company’s profit. In order to deal with daily change of price of the gasoline, the 34 percent of the costs that they distributed usually stay stable, so by then it will be more accurate to reflect the oil price fluctuation. Oil prices affected by supply and demand as any other businesses
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store merchandise sales where they compete with discount stores or into related businesses such as Pharmacy Benefit Management. The problem also arises in regulatory pressure to contain drug store prices. The continuing rise in prescription drugs costs has encouraged proposals to control drug prices either through legislation or the formation of large public buyer groups that can negotiate lower prices with drug suppliers. Controls in drug store prices have cut drug store margins. The increase in
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