Cigarette volumes decline ~1.5%; EBIT up 18.0% Cigarette business reported 7.1% increase in net sales and 18.0% increase in EBIT as margins expanded 590bps. Volumes declined 1.5% as realizations increased 15%. 64mm cigarettes continued to report strong traction as ITC launched three new offers - ’Flake Galaxy’‚ ’Flake Liberty’ & ’Silk Cut Virginia’ in this segment in various markets. ITC has increased prices by another 2% in July mainly due to price increase in Gold Flake Filter which
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or flash presentation (soft copy) c. The powerpoint presentation (hard copy and soft copy) d. Copy of all references (soft copy) **Please burn all soft copies as mentioned above onto a CD and the CD must be attached together with the written report (hardcopy). 3) Each group will present their findings for 25 minutes (inclusive videos‚ flash etc.) in front of the class beginning Week 9 (29th July‚ 2013). The presentation will be followed by 10 minutes Q&A session. You are not allowed to read
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FIN 101 Exam 1 Chapter 1 Commerce Bank Credit What does your credit card really cost you? APR- Annual Percentage Rate Prime 3.25% Amount: $51‚649 Rate: 4% Years: 4 = $60‚422.02 Time Value of Money- TVM Future Value FV=PV*(1+i)^n FV= future value PV= present value i= interest rate n= time The Rule of 72 If at 10%‚ it will take 7.2 to double (just divide 72 by 10) 72 DIVIDED BY ANY NUMBER is how long it will take to double Present value PV=FV/(1+i)^n
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Lecture 1: The advantages of forming a corporation are: * Reduction of personal liability. A sole proprietor has unlimited liability * Taxes. Forming a corporation may mean that more expenses can be considered business expenses and be deducted from the company’s income. * Improved credibility. The business may have increased credibility in the business world compared to a sole proprietorship. * Ability to attract investment. Corporations can raise capital through the sale of equity
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MANAGEMENT : KHAN. M. Y & JAIN. K 2. MANAGEMENT ACCOUNTING : SHARMA. R. K & SHASHI . K. GUPTA 3. FINANCIAL MANAGEMENT : I. M. PANDEY 4. PRINCIPLES OF MANAGEMENT ACCOUNTING : S. N. MAHESHWARI 5. FINANCIAL MANAGEMENT : PRASANNA CHANDRA published annual Reports of Chettinad cement corporation ltd WEBSITE: www.chettinad cement .com
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Finance 1. How can changes in foreign exchange rates affect the profitability of financial institutions? Foreign exchange rate determines the price exchange of two currencies. Changes in these rates affects the amount of goods and services import and export of a country. When a country currency is stronger‚ it is now exchanged for more goods than before‚ and once the currency is weaker‚ less of goods are purchased for the same amount of the currency. Financial institutions use the exchange
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RE Finance Bring to class. Due on 3/19. PART 1 Mac Development Corporation Problem Set It will help the discussion if you bring an extra copy of your answers to class & the case for reference Download case (approx. $4 charge) Mac Development Corporation Case Study Reference https://cb.hbsp.harvard.edu/cbmp/access/17117433 Four Major Areas 1. ID Risks a. “Imagine that you are a real estate developer who saw the 41-acre site the week before Dick McCaffrey did in August
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IN-TEXT CITATION AND REFERENCING CHALLENGES: A CASE OF IAA STUDENTS’ RESEARCH REPORTS BY ADONIJAH ABAYO Abstract In-text citations and referencing are key competencies in all genres of academic writings. Despite their importance‚ students in higher learning institutions‚ particularly‚ the Institute of Accountancy Arusha (IAA) third-year students pay little attention to them when writing their research reports. This article aims at identifying the in-text citation and referencing challenges
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Part 1 The role of an accountant is to check‚ summarize‚ present‚ analyze and interpret the accounts for the benefit of the owner and other interested parties. Key responsibilities of an accountant are the preparation and analysis of financial reports which include income loss statements‚ tax return issues and balance sheets. They may also offer services to the public in need of financial advice and expertise. Accountants also act as management and corporate caretakers‚ taking care of small business
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Problem Set 2 International Finance Shrikhande Fall 2006 SUGGESTED SOLUTIONS TO CHAPTER 4 PROBLEMS 1. From base price levels of 100 in 1987‚ West German and U.S. price levels in 1988 stood at 102 and 106‚ respectively. If the 1987 $/DM exchange rate was $0.54‚ what should the exchange rate be in 1988? In fact‚ the exchange rate in 1988 was DM 1 = $0.56. What might account for the discrepancy? (Price levels were measured using the consumer price index.) Answer. If e1981 is the dollar
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