University of Phoenix Material Patton-Fuller Ratio Analysis There is a _$_1 million__ difference between the “unaudited” and the “audited” financial reports. The subsequent audit adjustment __increase bad debt_____expense by $__1 milion___ and changed the operating results for 2009 from _a gain to a loss_‚ as compared to the unaudited financial statements. This audit adjustment reduced _the profitability_by 1 mil_and weakens the __creditability_ of the CEO’s report to the Board in December
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Provisions 1.92 1.67 1.56 1.45 Net Current Assets -0.88 -1.09 -0.63 0.09 Miscellaneous Expenses 0 0 0 0 Total Assets 3.27 3.61 4.61 5.88 Contingent Liabilities 1.3 1.3 1.31 1.31 Book Value (Rs) -23.01 -26.19 -25.62 -25.09 Comparison & Ratio Analysis of two FMCG (Fast-Moving Consumer Goods) Companies. 1. Tarai Foods Limited. 2. Tata Global Beverages. Tata Global Beverage (Rs. In Crores) Mar ’13 Mar ’12 Mar ’11 Mar ’10 Sources Of Funds Total Share Capital 61
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valuable marketing tool for airlines‚ however accounting for frequent flyer points (FFPs) is not a straight forward process (Bowman 1995). The aim of this assignment is to examine the concept of how FFPs should be accounted for according to the Framework‚ compare how Qantas Airways Limited (Qantas) and Virgin Blue Holdings Limited (Virgin) account for FFP’s‚ and determine the potential consequences of different accounting treatments. Accounting procedure for frequent flyer points according to
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strengths and opportunities on which the company needs to capitalise to create a ‘distinguishing edge’. Also‚ it is useful to see the weaknesses and threats which can challenge the competitive position of the firm. Figure 2: SWOT analysis of the Virgin Group of Companies STRENGTHS Value of the global brand Reputation Network of global contacts in a range of industries Value creation ability Innovation and marketing know-how in generating ideas and driving business Positive and admired public
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Ratio analysis – Shinepukur Ceramics Versus RAK Ceramics Current ratio Shinepukur: From 2009 to 2010‚ current ratio of Shinepukur has increased by 0.24 because of increase in total current assets and decrease in total current liabilities. The increase in total current has occurred for increase in accounts-and-other-receivables‚ advances-deposits-and-prepayments and cash. Among these elements‚ the increase in advances-deposits-and-prepayments is significant (from 82182270 to 278773841). On the
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Problem statement The main challenge facing Virgin Atlantic Airlines is identifying and executing a strategy that will help it become a more profitable and established airline in the industry going forward. Virgin had an income loss of 14.5 M pounds in 1991-92‚ and a small profit of 0.4 M pounds in 1992-93(Exhibit 2). In contrast‚ British Airways had $297.7 M profit which is 3.19% of its total sales in 1992 (Exhibit 10). VAA has been pursuing a marketing strategy to serve all classes of passengers
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Probable Causes of the Virgin Suicides Suicide is a sensitive issue in American society because it carries many negative connotations and has a lasting result on surviving members of the community. The victim’s family and friends will have a tough time during the grieving process since the causes of suicide are usually hard to identity and address. The film “The Virgin Suicides” portray an emotionally torn family after the youngest sister commits suicide that leads to national attention. The family
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The Virgin Mary; to some she could be identified as the mother of all beings‚ she could be described as divine‚ uplifting‚ powerful‚ pure‚ humble‚ compassionate‚ selfless‚ and she holds many other attributes that make her a great mother. However‚ Mary was not classified by just her attributes and characteristics‚ the reason she is described as such is because of her experiences with the world and how they perceived her through these acts. In my eyes my mother is not a “mother Teresa” or a “virgin
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Ratio Analysis Memo Profitability: Asset turnover and Profit Margin What do the profitability ratios reveal about the financial position of the company? Which users may be interested in each type of ratio? What does the collected data reveal about the performance and position of the company? The profitability ratios measure a company’s operating success for a specific period of time. Most investors and bankers are going to be interested in the profitability of a company. The data for asset
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seeing that we were all equal proved there is no reason for us to show hate for one another. But did this really change everyone’s view‚ or have some people just learned to hide what they really think? A comedy show called Jane the Virgin is about Jane Villanueva ‚ a virgin‚ who gets accidentally inseminated by her Ob gyn who happens to be the sister of the owner of the sperm and the owner of the hotel where Jane works at. Around this time‚ Jane is in a relationship with a detective named Michael who
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