CHAPTER I INTRODUCTION Consumers perceive that small bakeries offer convenience, personal service, and fresher, better quality products. In general, bakery sales increase when consumers’ average income increases. The industry is highly competitive, making it very difficult to start a new bakery, especially in cities. An entrepreneur might consider buying an existing business or locating in a rural area. One of the fastest growing areas in the bakery business is the specialty franchise store,
Words: 5139 - Pages: 21
Annual Report 2010 CONTENTS Notice of the Meeting PAGE 1 Company Information 2-3 Company Milestones 4 Chairman’s Statement 5-7 Board of Directors' Report Progress at a Glance Auditors' Report to the Shareholders Balance Sheet Profit and Loss Account Statement of Changes in Equity Cash Flow Statement Liquidity Statement Notes to the Accounts Annexure Proxy Form 8-13 14-15 16-17 19-20 21 22 23-24 25 26-57 58 59 NOTICE OF THE TWENTY SECOND ANNUAL GENERAL MEETING Notice is hereby given that
Words: 20588 - Pages: 83
BTTL Cash Flow At BTTL* Nisha Kothari, an MBA aspirant always had an immense interest in stock market. Her interest in stock market was obvious as her father had inaugurated his first entrepreneurial venture, a broking firm on Nisha’s first birthday. Before starting the broking firm, he had worked seven long years as a Portfolio Manager in one of the leading broking firms. During childhood, the colourful pages of the annual reports often caught Nisha’s attention. Though
Words: 1153 - Pages: 5
This will confirm our understanding of the arrangements for our audit of the financial statements of Apollo Shoes, for the year ending December 31,2011. We will audit the Company's balance sheet as of December 31,2011 and the related statements of income, retained earnings, and especially cash flows for the year then ended, for the purpose of expressing an opinion on them. The financial statements are the responsibility of the Company management. Our responsibility is to express an opinion on
Words: 526 - Pages: 3
Accounting Principles Related to Nursing Olasumbo Dada University of Phoenix Abstract The continuing rise in technological advancement in the health care industry has led to a rising cost in the industry. Hospitals and other healthcare sectors face a major challenge in managing the massive change in respect to cost and still being able to provide excellent care for their patients considering the expansion that the industry is continuously facing. As a result, the financial accounting aspect
Words: 547 - Pages: 3
On Our Way to Inclusive Growth By Cesar B. Bautista Philippine Daily Inquirer 3:53 am | Monday, March 4th, 2013 http://philippinedailyinquirer.newspaperdirect.com/epaper/viewer.aspx The Philippines has achieved considerable progress in tackling corruption and upgrading competitiveness, which makes it earn the respect of world economists, thanks to the high confidence enjoyed by President Aquino. From the “Sick Man of Asia” in the past, the country is now considered as the possible “Tiger Economy”
Words: 2603 - Pages: 11
Statement of the Problem At first glance, Clarkson Lumber appears to be a healthy company. However, despite rapid growth and increasing sales Clarkson Lumber finds itself searching for additional funding to compensate for a shortage in cash to fund its expanding business. Clarkson Lumber is in this situation for a number of reasons. The company's inability to receive payments from customers in a timely manner created a severe impact in the company's cash flows. The age of account receivables
Words: 1202 - Pages: 5
INA [pic] Part 1: General Situation of SINA SINA is an online media company for China and Chinese communities around the world. SINA operates four major business lines: SINA Weibo, SINA Mobile, SINA Online, and SINA.net. SINA has over 100 million registered users worldwide. SINA was recognized by Southern Weekend as the "Chinese Language Media of the Year" for 2003. SINA owns SINA Weibo, a sort of Facebook–Twitter social network hybrid all rolled into one, which has 56.5 percent of the
Words: 2956 - Pages: 12
Case 12-02 To Recognize or Not to Recognize, That Is the Question Shakespeare Inc. (“Shakespeare” or the “Company”) is a privately held book printing and publishing company with a December 31 year-end. The summary balance sheet as of December 31, 2010, included: Current assets Noncurrent assets Total assets Current liabilities Noncurrent liabilities Total liabilities Total shareholder equity $ 6,500,000 28,250,000 $34,750,000 $ 4,500,000 13,750,000 $18,250,000 $16,500,000 The summary results of
Words: 967 - Pages: 4
a) Functions or uses of the cash flow statement: * Provides a clear picture of an aspect of the entity’s performance and position that is not so clear in reviewing the P/L and B/S. ie * viability of core operations * payments to suppliers, creditors * collections on debtors * dividends, interest and other payments * payments for NC assets * access to cash, likely access in the future * profit does not equal cash, so adds another aspect to the information
Words: 533 - Pages: 3
