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INVENTORY METHODS
Inventory Methods Memo
Inventory Methods Memo
To: Mr. Raphaela Gonzalez, RKB Food Wholesalers
From: Ralph J. Financial Advisor BT Financial Consultants
Date: 09-04-2012
Subject: Choice of Inventory Methods
This memo intends to respond to your query regarding the inventory record treatment for your wholesale business. In going through the specifics of your accounting treatment ...
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MCKING
McKing
Summary
This paper focuses on the McKing which is going to add a new burger in its product range which will be offering lower fat to the customers. The name of the product will be Healthy Burger; thus, it is essential and necessary for the manager of McKing to investigate ...
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Case Study
Case Study
Case 1: Budgeting Case
The Town of Maxwell has traditionally experienced rather stable development for a very long period of time. The budget for Maxwell is made by a three member Budget Committee of the Town Selectmen. The primary task over here is to devise a budgetary procedure for ...
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CORPORATE FINANCE
Accounting and Corporate Finance
Part A)
Calculate the net working capital required each year by FabX7 series car project. Assume that the level of net working capital will be a constant percentage of the project's sales. (Ignore cash and equivalent items while measuring working capital).
MaxiCooper
Balance sheet
For the year ...
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RANDOLPH
Local governments Randolph, Massachusetts facing Fiscal Pressure
Local governments Randolph, Massachusetts facing Fiscal Pressure
Introduction
A new Government Accountability Office (GAO) report that warns “the state and local government sector continues to face near-term and long-term fiscal challenges that grow over time” has reinforced the concerns of numerous state ...
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FINANCIAL ANALYSIS
Financial Analysis
Financial Analysis Assignment
Introduction
The analysis of financial statements of companies is highly essential for evaluating the overall performance of the company and ultimately, better investment decisions can be possible. There are various financial tools that are available for making an appropriate analysis of the financial statements ...
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BHP
BHP Billiton Group
BHP Billiton
About the company
BHP Billiton Group (BHP Billiton) is a diversified natural resources group engaged in mineral exploration and production. The group's primary focus areas include oil and gas, aluminum, copper, nickel, iron ore, manganese, metallurgical coal, and energy coal, with additional exposures to uranium, gold, ...
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FINANCE & ACCOUNTING
Finance & Accounting
Introduction
This paper summarizes compares and critically evaluates two articles that belong to the subject areas of accounting and finance. The first article is penned by Peter Brownell and Alan Dunk. It studies the phenomenon of budgetary participation. The article relates to task uncertainty and its interaction ...
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Managerial Accounting Practices
Managerial Accounting Practices
Introduction
Effective management accounting is considered a vital element of organizational success. Managers produce various reports based on management accounting tools for making informed decision about the operations of the Company. The importance of management accounting is highly recognized, because of its use in long term strategic ...
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Financial Analysis
1
CASH FLOW FORECAST
OUTFLOWS:
Month 1
Month 2
Month 3
Month 4
Month 5
Cost of daffodils
400
400
400
400
400
Other Variable cost
220
220
220
220
220
Fixed Cost
1000
1000
1000
1000
1000
Total Cost
1620
1620
1620
1620
1620
INFLOWS:
Sales Revenue
1800
1800
1800
1800
1800
Net Profit/Loss
180
180
180
180
180
Cumulative Profit/Loss
180
360
540
720
900
The above calculations are subject to an order of 2000 bunches per month at an average. It seems very promising that by the end of month five, Michael and Jane would end up ...