are partners in the firm sharing profits in the ratio of 3:2:1. With effect from April 1‚ 2001‚ they decided to share profits equally. Here‚ change in the existing profit sharing ratio results into reconstitution of the firm. RECONSTITUTION OF A PARTNERSHIP FIRM l 61 Admission of a new partner : For example‚ Hari and Haqque are partners sharing profit in the ratio of 3:2. On April 1‚ 2003 they admitted John as a new partner with 1/6th share in the profits of the firm. In this case‚ with
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Description of business 1 Brian clothing and shoe world is a sole trader business. It involved in both retail and wholesale quantity. The business acquire its product form the U.S.A where a 5% is added on the price of the product. Type of business Sole trader. Nature of business 1.Clothing and shoes 2. my business deals with wholesale and retail Objectives 1. to make a profit from my business. 2. to reach a common goal. 3. to give customer their wants needs. 1 Justification of location 2 16
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(Also known as "T" Account and Account) Having passed the double or journal entries‚ the next step is to post these double or journal entries into Ledger accounts. Ledger account or an account is simply the classification of double entries which we have made in General Journal or any other journal. In an account we bring together all similar entries in one place. For example a company has purchased goods on 4th and 7th January‚ we would put both entries in purchases account because of their similar
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Promising New Market Opportunities Going by the market size‚ the two best possible opportunities are: 1) Hospitals: The total sales of this avenue amounted to $718.4 billion and hence hospitals represent the largest possible market opportunity for American Well. The advantages of tying up with hospitals is that it will be able to access a large number of patients in the waiting area through its Online kiosks‚ thereby decreasing the waiting time of a patient before he gets his first consultation
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The theme of this reflective account is engaging children in participation‚ and enabling children to have a voice. The Every child matters documentation (Department for Education 2010) focuses on the important role of the adult in enabling children to make decisions and encouraging them to participate and make a positive contribution. As a result through this account‚ how children in my setting are encouraged to participate in the outdoor play space will be explored. A small piece of research
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Learner name Learner Journey Module 1 melanie daley Vocational Learning Advisor name delise leahy Module 1 - Induction - your learning programme Tick all that apply 1. Who is funding your learning programme? babcock 2. What is your Learning Agreement / Individual Training Plan / Personal Training Plan? ✔ ✔ ✔ a. A detailed outline of your agreed learning programme b. A review of your targets and progress c. A summary of your achievements 3. Confirm which qualification and level
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Lesson 3 Commercial viability Adapted from http://businesscasestudies.co.uk Creating value through the marketing mix An Aldi case study Introduction In increasingly competitive markets‚ consumers have a greater choice over where they buy their goods and services. For an organization to meet its business objectives‚ it has to find out what consumers require and then identify the best way in which it can satisfy these needs and wants. Creating a competitive advantage can be difficult. A unique marketing
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unit 305 1.1 Person - centred is about providing care and support that is centred or focused on the individual and their needs. We are all individual and just because two people might have the same medical condition‚ for eg.Dementia‚ it does not mean that they require the same care and support. As a care worker I need to understand what the values are. There are eight person centred values: individuality rights choice independency dignity respect partneship equal opportunities I need
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Assignment 3: Presenting the Budget Curry Flora Strayer University PAD 505: Public Budgeting and Finance Professor Joseph Keller February 28‚ 2015 Presenting the Budget Question 1 Answer Question 1 based on the review of the New York City Financial Plan: Are total revenues growing faster or more slowly than expenditures? Show the annual growth rates for revenues and expenditures in a table (do not attach a spreadsheet – copy your table here). Question 2 Answer Question 2 based on the review
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Chapter 1: Rapid Change of International Business * There is an impact of extensive foreign investments in the United States taking place especially in recent years * Even some of the best known “American” products and brands are now produced by foreign firms * American companies such as Coca-Cola‚ Starbucks‚ McDonalds‚ the Gap and Levi’s are found in Japan‚ Australia‚ Singapore and nearly every European nation * One out of six jobs is tied to international trade and investment
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