next few years. The report entails a financial analysis and summaries‚ which will give the executive board an understanding of how well the current managing director is performing‚ and whether his contract should be renewed. Figures were obtained from comparative balance sheets and profit and loss statements from the relevant years as well as additional information that was forwarded by the board. This information enabled the development of percentage and ratio analysis (see appendices)‚ which was
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Irrational Ratios 1 of 5 http://www.journalofaccountancy.com/Issues/2001/Aug/IrrationalRatios... FRAUD The numbers raise a red flag. BY JOSEPH T. WELLS AUGUST 2001 inancial statements tell a story‚” says accounting professor W. Steve Albrecht‚ “and the story should make sense.” If not‚ it’s possible the story is a fake. By standing far enough back from the numbers to get a good picture of the client’s business‚ auditors frequently can detect signs of financial statement frauds
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Master Akinyemi Akintunde (A.K.A LAGBE) Computer package Hand Hand- Book powered by www.lagbeglobal.net What is a Computer? A computer is a programmable machine. The two principal characteristics of a principal computer are: it responds to a specific set of instructions in a well-defined manner defined and it can execute a prerecorded list of instructions (a program). Modern Computers Defined Modern computers are electronic and digital. The actual machinery -- wires‚ transistors
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CORPORATE PROFILE Atlas Consolidated Mining and Development Corporation ("Atlas Mining") was incorporated in 1935 as “Masbate Consolidated Mining Company‚ Inc.”. In the 1980s‚ it was regarded as the third largest copper mine in the world and was processing 110‚000 copper ore a day. However‚ in the early 1990s‚ Atlas was forced to suspend its operations due to a typhoon that severely damaged its mines in Toledo. Atlas Mining now has only one (1) mill for operations. A major restructuring of the
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The major profitability ratios are: 1.1.1.1 RETURN ON CAPITAL: Describes the earning capacity of the enterprise and it is measured by the following ratio: Profit before interest and taxation Average operating Assets The Return On Capital ratio measures how well the average operating assets (assets such as debtors‚ cash‚ fixed assets‚ stock) are generating the company s income‚ and is indicative of the management techniques applied by the company to utilise its assets
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Philippines Automotive Industry. Base on Esquire Financing Incorporation‚ they seek the five C’s of credit from their borrowers which are character‚ capacity‚ capital‚ conditions and collateral. EFI seek into character – the individual’s credibility and reputation‚ as can be determined through their credit reports and personal references‚ and capacity – or one’s ability to repay the loan. A healthy starting capital (which may include the owner’s personal assets) and financial conditions also help
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Past Paper Questions: 1989-2011 May 1989 (a) Find the exact value of (4⅘÷2⅔)- (1⅓) 2 (5 marks)(b) Write your answer to part (a) as a decimal correct to 2 significant figures. (2marks)(c) A sum of money is to be divided among A‚B‚ AND C in the ratio of 2:3:5. Thelargest share amounts to $1200.Calculate: (i) the total sum of money to be shared(ii) A’s share(iii) the percentage of the total amount that Breceives (5 marks) May 1990 Calculators‚ slide rules and mathematical tables must NOT be used
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The current ratio is calculated as current assets divided by current liabilities. The current ratio for the Coca-Cola Company in 2008 was 0.93 (12‚176/12‚988) and for 2009 it was 1.28 (17‚551/13‚721). For every dollar of current liabilities in 2009‚ Coca-Cola has $1.28 of current assets. The ratio indicates that Coca-Cola has enough assets to cover its debts. From 2008 to 2009‚ the company had a large increase in cash‚ which increased their current assets. They also had a similar increase in the
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assemble his computer . I`m thinking about that because I never handled and never try to assemble a computer but again I try.. that moment I finish to assemble the computer . After the day I realist to what I want in my future that is a computer programmer that is the thing that I also to encounter my fear. That give me a moment to find myself but if it`s difficult to be a programmer One day my mother told me to go to my aunt house. That day my aunt told me to assemble his computer . I`m thinking
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A computer is not an acronym and is sometimes abbreviated as comp or ’puter. The term "computer" was originally given to humans who performed numerical calculations using mechanical calculators such as the abacus and slide rule. The term was later given to a mechanical device as they began replacing the human computers. Today’s computers are electronic devices that accept data (input)‚ process that data‚ produces output‚ and then store (storage) the results. The first computer was called the ENIAC
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