Food is a basic need and food service industry will always remain in demand. These industry includes restaurants‚ fast foods‚ cafeterias‚ catering opportunities‚ food carts‚ food trunks and the like. Filipinos love to eat. This love for food and eating is the main reason why the food industry has flourished well in the Philippines and why you will see a lot of restaurants and fast foods scattered all over the country. These fast foods and restaurants can be local or international. Filipino
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Use of Enzymes in Food Industry - Food industry utilizes a variety of enzymes for processing of various foods‚ e.g.‚ production of various types of syrups from starch or sucrose (a- and β- amylases‚ glucamylase‚ pullulanase‚ invertase‚ and glucose isomerase)‚ meat/protein processing using proteases‚ removal of glucose and or molecular oxygen (O2) using glucose oxidase and catalase‚ use of lactase in dairy industry and use of enzymes in fruit juice and brewing industries. Glucose oxides are obtained
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FINANCIAL RATIOS LIQUIDITY RATIOS Current Ratio: = current assets / current liabilities ▪ The higher the ratio‚ the greater the "cushion" between current obligations and a firm ’s ability to meet them. ▪ Use: An indication of a company ’s ability to meet short-term debt obligations; the higher the ratio‚ the more liquid the company is. Current ratio is equal to current assets divided by current liabilities. If the current assets of a company are more than twice the current liabilities
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and equipment on its income statement. Is zero expense a good indicator of the cost of using those buildings and equipment? Compare that situation to a company with new buildings and equipment where there will be large amounts of depreciation expense. The remainder of our explanation of financial ratios and financial statement analysis will use information from the following income statement: Example Corporation Income Statement For the year ended December 31‚ 2011 | | Sales (all on
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Japan’s food guide enlightens knowledge about the physical environment of Japan and the norms and cultures of the citizens. When comparing this guide to Canada’s‚ there are clear depictions of the similarities and differences. Similarities: Canada and Japan in their food guides place much emphasis on the importance of exercise in society. For Japan‚ their government prioritizes the health and wellbeing of all their citizens‚ thus they present the ideal time of exercise needed for an average adult
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convenient. They will have you enjoying your food just as fast as you can pay the cashier. On the other hand‚ though it is not fine dining but that could be your second choice. You could go to one of the finer restaurants such as The Washington Inn. Here‚ service is everything‚ speed is not. A relaxing evening is all that awaits you. So would you rather have a diet coke or a nice glass of say‚ White Zinfandel. The choice is yours. Eating out at a fine dining restaurant is not just a decision‚ but
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GROUP 1 REPORT FINANCIAL RATIOS Financial ratios are useful indicators of a firm’s performance and financial situation. Most ratios can be calculated from information provided by the financial statements. Financial ratios can be used to analyze trends and to compare the firm’s financials to those of other firms. In some cases‚ ratio analysis can predict future bankruptcy. SOURCES OF DATA FOR FINANCIAL RATIOS Balance Sheet Income Statement Statement of Cash Flows Statement of Retained
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FOOD AND BEVERAGE HISTORY Around the time of A.D 850 legend has it that a lone shepherd and his flock happened upon a strange new plant that was growing upon the slopes of lonely hillside. Before the shepherd could intervene some of his herd had started to chomp away at this newly discovered delicacy. After about a quarter of an hour the shepherd began to notice that the entire flock were acting in an extremely lively manner. They appeared to be not only very alert but even hyperactive. Now the
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The Industry Averages and Financial Ratios Cassandra Brown‚ Diana Smiley‚ Patricia Ramirez FIN/370 - FINANCE FOR BUSINESS 11/23/14 Michael Rodriguez The Industry Averages and Financial Ratios In today’s market business really look at what the others in their competitive market are doing to compare how they are doing as a business or corporation. They do this by evaluating the industry averages and the financial ratios. When corporations and financial advisors look at the industry average
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Contrasting between Processed and Whole Foods In today’s world‚ everyone is told that whole foods are healthier than processed foods because whole foods are supposed to be free of chemicals. There is not a single day that people in our society do not eat or drink processed or manufactured item for example‚ an early morning coffee from a café is processed. Our society’s biggest concern is which foods are healthy and which foods are unhealthy because the society want to live a healthy lifestyle. This
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