Week 5 Assignment Brief Exercise 5-1 A) Sales = $181,500 (71,900+109,600) B) Cost of Goods Sold= 41,200 (71,200-30,000) C) Gross profit = 38,000 (108,000-70,000) D) Operating expenses = 17,900 (30,000-12,100) E) Operating expenses = 8,500 (38,000-29,500) F) Net income = 63,400 (109,600-46,200) Brief Exercise 5-2 Pocras Company Inventory 900 Accounts Payable 900 Wedell Company Accounts Receivable
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particularly around slowing market growth, we are confident of the medium to long term growth prospects of the FMCG sector and our strategy of driving growth and profitability through innovation and operational excellence," he added. During the quarter, revenue from soap and detergents increased by 7.33 per cent to Rs 3,407.66 crore, personal products increased by 1.96 per cent to Rs 1,883.38 crore. HUL CFO R Sridhar said that the discretionary products are under pressure. "Fair & Lovely sales declined
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EIC ANALYSIS - ITC Submitted By Nisha ECONOMY India GDP growth rate 2012 was 5%, 2013 is 5.8% and it is expected to grow at 6.5% in 2013 Inflation :WPI-7.6% and CPI-10% Gross fiscal deficit 5.1 Revenue Deficit-3.5 Third largest economy in terms of Purchasing Power Parity Sector wise Contribution to GDP I) Agriculture 17% II) Industry 18% III) Services 65% FMCG INDUSTRY Fast Moving Consumer Goods (FMCG) goods are popularly named as consumer packaged goods
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First Investments Case Analysis As accruals are driven primarily by earnings management or normal accounting estimates, we have calculated the total net accruals using the balance sheet method and determined it as a percentage of the total assets. The higher this percentage, the lower the quality of earnings. Total net Accruals in the year 1994 as calculated by the balance sheet method is $414.2 million, which is 4.42 % of the total assets. Evaluating Return on Shareholder’s Equity by Du Pont’s
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• Discuss Note 1 (accounting policies). What is the company’s revenue recognition principle? The Note 1 (accounting polices) states how the various assets and liabilities of the firm are recognized in the financial statements. Also how company recognizes taxes, costs, payments from suppliers, and the revenue recognizing policies. The Revenue Recognition policy is as follows- o Sales The company recognizes sales revenue, net of sales taxes and estimated sales return at the time it sells
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1. Introduction: Financial accountancy (or financial accounting) is the field of accountancy concerned with the preparation of financial statements for decision makers, such as stockholders, suppliers, banks, employees, government agencies, owners and other stakeholders. Financial capital maintenance can be measured in either nominal monetary units or units of constant purchasing power. The central need for financial accounting is to reduce the various principal-agent problems, by measuring and
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States, is fairly profitable, it is not enough to fulfill their goal: to save up $8.9 million in order to buy a ranch so that they can expand their services and accommodations. Currently, Mystic Monk Coffee makes $56,500 per month in revenue, 11% of it being net revenue. With Mystic Monk Coffee’s current strategy, it would take almost 120 years to raise enough for the ranch with only the coffee operations. Direction, Vision, and Mission Father Daniel of the Carmelite Monks of Wyoming desires to
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Lowe’s is a home improvement chain that has locations across the United States and in Canada providing home improvement materials for local businesses and the do it your-selfer. Ever since they were a small local store and have grown to be the 15th largest retailer in the United States, customer service has always been at the forefront of their business. They have grown with technology, but we will discuss some changes that will help them to continue growth in the future. Lowe’s has been able
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CASE ANALYSIS | MUILLER LEHMKHUL GMBH | Group - 6 | | Team Members: 1. Adithya J R 2. Bharath. S 3, Karthik Dasari 4. Nanjunda Prasad 5. Nitish 6. SNDS Ramanish Executive Summary : The largest single manufacture of apparel fasteners in Europe, Mueller Lehmkuhl, started as a shoe accessories manufacturer in 1876 and the subsequent organizational reconstructions, acquired technological superiority, diverse product range made it as one of the four major players in the European fasteners market
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Report on Trading and Profit & Loss account of Domestic Dog Homes for year ended December 31 2011. Report prepared by Nancy Whittle Dated 09/01/2013 1.0 Introduction This report will be explaining the Trading and Profit and Loss account on what has been lost and what has been made in Domestic Dog Home’s company within the last 1 year. 2.0 Findings From the information on the profit and loss and trading account, I found information about the finances from the previous financial year. Trading
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