(Sydney Case‚ Hannah Peterson‚ Kassidy Frederick) Date: April 3‚ 2012 Subject: Acctg 642: Case 08-5 Sell-it Products Inc. Statement of Facts Sell-it Products Inc. manufactures‚ markets‚ and distributes consumer products. It has been brought to their attention that the SEC is questioning their reportable segments it disclosed in their Annual Report. Below are the relevant facts: • Sell-it Products sells their products through grocery stores‚ drug stores‚ and mass merchandisers. • The
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GROWING AND CREATING A NEW MARKETThe Irish Dairy Market The Danone Way The origin of yogurt Did you know that yogurt was first sold in pharmacies as an aid to digestion? In 1919‚ the sight of so many children in Barcelona suffering from intestinal disorders surprised the entrepreneur Isaac Carasso.At the time he was very interested in the research of Metchnikoff‚ the 1909 Nobel Prize winner‚ on yogurt lactic acid bacteria. Carasso brought some bacterial ‘cultures’‚ from the Pasteur Institute in
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What Is a Reportable Segment? A reportable segment is a phrase that relates to international accounting procedures. An exploitable segment is a portion of a business that generates its own revenues and expenses and has its own assets and liabilities. A reportable segment is an exploitable segment that makes up at least 10 percent of the overall business’s revenues or assets. In effect‚ a reportable segment is like a business within a business. International accounting standards require that public
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Global beer market trends The global beer market1 At the turn of the century‚ the top 10 brewers accounted for just over one-third of global beer sales volumes. The past decade has seen a rapid consolidation‚ resulting in the top four brewers – Anheuser-Busch InBev‚ SABMiller‚ Heineken and Carlsberg – accounting for almost 50% of beer sales volumes and up to 75% of the global profit pool2. Consolidation has continued in the past 12 months with further transactions in Mexico and China. As the
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continuous growth in technology. The notebook market has increased its sales by a huge margin and which keeps on increasing everyday. The biggest competitors in the notebook business are the likes of Apple‚ IBM‚ Dell‚ Hewlett-Packard etc. 1.1 Global Notebook Market The PC market consists of both Desktops and notebooks. There are tablet PC’s also available but its market share is comparatively lower than that of desktops and notebooks. The Global PC market is segmented on the basis of the hardware
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Global Veterinary Diagnostics Market 2014-2018 Veterinary diagnostics provides a full range of diagnostic tests to detect diseases in animals. The diagnostic services are provided to veterinarians‚ pet owners‚ livestock producers‚ and biomedical researchers. The technologies and methods are incorporated from human diagnostics to develop a full-fledged market for further innovation. Major diagnostic methods include molecular testing (DNA/RNA testing)‚ immunodiagnostics‚ clinical chemistry‚ and
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Introduction The global video game market‚ or the so called interactive entertainment industry‚ is the economic sector which focuses on the development‚ marketing and sales of video games. The worldwide video game sector includes video game console hardware and software‚ online‚ mobile and PC games and has reached $ 93 billion in 2013‚ up from $ 79 billion in 2012. Currently‚ the video game industry is a massive source of development; profit still stimulates technological advancement
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Global Smart Glass Market 2014-2018 Smart glass or switchable glass‚ is a unique type of glass that is able to change its light transmission properties. Based on the type of external stimuli needed for the change‚ smart glass can be categorized into two types: active and passive. Active smart glass responds to an electrical stimulus to initiate the change‚ whereas passive smart glass responds to heat and UV light sources to make the change. Thus‚ the existence of electrical current is the major
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The Global Market for Malt Beverages On 21st April 2014 Summary Malt beverages (non-alcoholic) are an increasingly important element within the global beverage spectrum. This report defines what they are and focuses on three key regions‚ MENA‚ Latin America and the Caribbean and Africa. The report provides a global view of malt beverages‚ their consumption and positioning followed by consideration and characterization of each region before focusing on each individual market. Both clear and dark
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Review of Global Vodka Market Today it is tough to determine which country has the top conditions for alcohol distilling industry and where this business is most profitable. In many countries alcohol distilling and distribution is on-budget‚ which means existence of certain peculiarities of state control. For instance‚ EU today faces the problem of hard drinks “redistribution” between the countries. Transparency of borders and differences in excises determines economical interest of operators
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