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Variable and Fixed Costs
Variable and Fixed Costs
Variable and Fixed Costs
SLP Module 1
Contribution Margin Income Statement
The contribution margin format of Herrestad Company starts with revenue as the top line. However, instead of showing cost of goods and operating expenses, a contribution margin statement breaks out the variable and fixed expenses ...
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Amazon Versus eBay
Investment Analysis - Amazon Versus eBay
Introduction
Before making any investments, its analysis is an essential considering the macro and micro economics factors which has direct relationship with the investment return. Through investment analysis, investors get aware of economic and market trends as well as the earnings ratios. Beside ...
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ACCOUNTING FOR OVERHEADS
Accounting for Overheads- Nokia and Carphone Warehouse Retail
Accounting for Overheads- Nokia and Carphone Warehouse Retail
Introduction to Accounting for Overheads
The study is related to the accounting for overheads which are the indirect costs of the day-to-day running of a business, i.e. not money spent on producing goods, but money ...
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Ethics in Accounting
Ethics in Accounting
In this article, the author has tried to assess the importance of Ethics in accounting. The author has given an example of Enron accounting scandal and other scandals that have led to more intense requirement for ethical standards.
For the purpose of accurate ...
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Accounting
Accounting
Introduction
The prime bakery is situated in the center of London, we are operating with clear mission and that is provide customer excellent quality of bakery food, at twenty-four hours a day. In addition to this prime bakery is also known to providing best quality services to its customer.
Further, this company ...
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FINANCIAL ANALYSIS OF MARKS & SPENCER
Financial Analysis of Marks & Spencer
Table of Contents
Introduction3
Historical Overview3
Analysis of Data6
Revenue and Growth6
Profitability Ratios7
Gross Profit7
Net Profit Margin7
ROCE8
Net Asset Turnover9
EBITDA/Capital employed9
Limitation of Ratio Analysis:10
Conclusion11
References13
Financial Analysis of Marks & Spencer
Introduction
Marks and Spencer Group (M&S) is a holding company. Company is engaged, through its subsidiaries, in the ...
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ACCOUNTING ANALYSIS
Business Plan
Business Plan
1.1 Prepare and analyze financial statements
Ledger Accounts
Debit Cash
Credit
Date
Particulars
Amount
Date
Particulars
Amount
2
Bank
4000
4
Sales
9000
3
Purchases
1200
14
A/P
2000
10
Wages and Salaries expense
600
16
A/R (Hanana)
3500
10
Rent expense
900
16
A/R (Shami)
4000
10
Advertising expense
500
21
Sales
10000
12
A/P
4500
13
Bank
2000
15
A/P (Yaw)
1200
15
A/P (Ben)
1500
17
Bank
4000
22
Purchases
2000
22400
28500
Bal c/d
6100
28500
Bal b/d
6100
Debit Capital
Credit
Date
Particulars
Amount
Date
Particulars
Amount
1
Bank
10000
Bal c/d
10000
Bal b/d
10000
Debit Purchases
Credit
Date
Particulars
Amount
Date
Particulars
Amount
3
Cash
1200
5
A/P (Yaw)
2000
5
A/P (Ahmed)
8000
5
A/P (Ben)
3000
6
Bank
4900
7
Bank
4500
8
Bank
5500
9
Bank
4500
18
A/P
8000
22
Cash
2000
Bal c/d
43600
43600
Bal b/d
43600
Debit A/P
Credit
Date
Particulars
Amount
Date
Particulars
Amount
5
A/P (Yaw)
2000
20
Purchase return (Yaw)
200
5
A/P (Ahmed)
5000
20
Purchase return (Ben)
300
5
A/P (Ben)
3000
9
Purchases
4500
14
Cash
2000
18
Purchases
4000
Bal c/d
20000
20500
20500
Bal b/d
20000
Debit Bank
Credit
Date
Particulars
Amount
Date
Particulars
Amount
6
Purchases
2200
1
Capital
10000
7
Purchases (Motor cycle)
4500
2
Cash
4000
8
Purchases
2500
17
Cash
4000
Bal c/d
8800
18000
18000
Bal b/d
8800
Debit Sales
Credit
Date
Particulars
Amount
Date
Particulars
Amount
4
Cash
9000
11
A/R (Prince)
5500
11
A/R (Mohammed)
6500
11
A/R ...
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CONTEMPORARY ISSUES IN ACCOUNTING
Contemporary issues in Accounting
Contemporary issues in Accounting
Part A The information asymmetry between the insiders (e.g. managers) and the outsiders of a firm (e.g. shareholders) is the main cause of corporate failures. More regulations should be implemented to enforce firms to become more transparent in their ...
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Advanced Financial Management
Advanced Financial Management
Company Background
The Lufthansa Group achieved an operating profit in the second quarter. Its activities in Europe remain under pressure. The airline expects an increase in operating income over the full year, in line with market expectations. During the second quarter of this fiscal year, ...
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Accounting Assignment - Week 2 to Week 11
Accounting Assignment - Week 2 to Week 11
Week 2
Discussion 1: System Documentation Techniques
Assess the risks and unintended consequences associated with the lack of narratives, flowcharts, diagrams, and other written documentation that explains how a system works. Provide specific examples to support your ...