Company Name: Britvic plc (LSE: BVIC) Sector: Consumer Goods Industry: Soft drinks Proposal: Buy 900 shares at 704.50 GBp Close at profit: 730 GBp OVERVIEW Britvic Soft Drinks is one of the two leading soft drinks businesses in the UK‚ producing over 1.4 billion litres annually. It supplies a wide range of products to approximately 200‚000 outlets across the country. Britvic has also been growing its reach into other territories‚ in Ireland‚ France‚ and particularly in the United States. Britvic’s
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Computers in accounting Uses and advantages and disadvantages of computers in accounting Traditionally accounts were kept by the means of handwritten record. Computers have only begun to be used in some of the functions of accounting over the last fifteen years or so. As computers became cheaper‚ easier to use‚ and more powerful‚ more firms have decided to computerise their own accounting records. However‚ some firms‚ (albeit a declining number) still prefer to use handwritten accountings. This
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Cost Accounting: A Managerial Emphasis‚ EXHIBIT 11-1 Accounting Information and the Decision Process FIVE-STEP SEQUENCE Step 1: Gathering Information AN ILLUSTRATION The current manufacturing line uses 20 employees‚ 15 operating machines‚ and 5 handling materials‚ for a total cost of $640‚000. The rearrangement of the manufacturing assembly line is expected to eliminate materials-handling costs‚ equivalent to $160‚000. The cost of the rearrangement will be $90‚000. Historical
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1. In an accounting information system‚ which of the following is NOT a transformational process? a. collecting data b. analyzing data *c. performance reporting d. summarizing data 2. Which of the following is NOT a process associated with an accounting information system? *a. auditing existing data b. collecting and recording data c. providing information to users d. analyzing and managing data 3. In an accounting information system‚ the inputs are usually a.
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Introduction Blue Chip Blue chips are the biggest‚ most stable‚ and often the most reputable companies in existence. The term comes from casino houses‚ whihc use colored plastic chips to represent the money patrons gamble with. Traditionally‚ blue chips were the most valuable color chip of all; but in gambling today blue chips are among the lowest valued chips‚ and also the most widely recognized. This is in standing with the financial industry’s strong feeling for its own history: investors
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overhead to all units at the rate of $80 per machine hour. Production information follows: Luxury Exclusive Direct material $35 $60 Direct Labour $20 $20 Budgeted volume (units) 8‚000 15‚000 The management accountant has determined that the firm’s overhead can be identified with three activities: manufacturing setups‚ machine processing and product shipping. Data on the number of setups‚ machine hours and outgoing shipments‚ which are the activities’ three respective cost drivers‚ follow:
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Computer Accounting Computer accounting has been growing in popularity since the availability of the Internet as a worldwide communication medium began to grow. Individuals and companies manage their money and assets one way or another. They usually hire accountants to help them carry out the requirements of accounting and balancing their books. Before the internet became inescapable‚ these accounting protocols were performed manually. Today many accountants and non-accountants alike use computer
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ETHICAL ISSUES IN MANAGERIAL ACCOUNTING The aim of this paper is to highlight in the light of the empirical researches conducted previously the presence of ethical issues and dilemmas in managerial accounting. The implications of which can be disastrous bringing colossal giants crumbling to their knees. The prime aim is to throw light at the subtle inconsistencies that can cost the companies far more than just money but their entire image. The asset of ‘good will’ has its nemesis in these unethical
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Cost Allocation Paper Cost Accounting Abstract This article’s focus is how cost accounting allocates costs of a manufacturing plant. All things are hypothetical. The conclusions of this report regarding costing of commercial services provided by Goodyear Tire should be recognized as a theory of the way Goodyear Tire conducts business activities‚ rather than suggestions of how Goodyear Tire should conduct business. Goodyear Tire is a publically traded company‚ which has many different
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Stereotyping in Motion Pictures Even though movies and shows are mainly fictional and used for pure entertainment‚ these forms of media lead to discriminations such as Islamophobia because they vilify Arabs and Muslims portraying them as a violent and dangerous group. Muslim: A person that follows the religion of Islam Islam: a monotheistic faith that teaches that there is only one God and that Muhammad is His messenger. Arab: a person originally from a part of the Middle East Allah: Arabic translation
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