CASE ANALYSIS: FERGUSON FOUNDRY LIMITED (FFL) EXECUTIVE SUMMARY Introduction After reviewing the financial statements for the fiscal year ended May 31‚ 2010‚ Mark Ferguson‚ President of Ferguson Foundry Limited’s (FFL)‚ was disappointed with the results. Operating Income was $367‚600 below expectation‚ despite having sold 2‚000 wood stove units greater than budgeted. To determine which areas FFL’s actual performance was better or worse than expected‚ a variance analysis will be conducted
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different forms of business entities available‚ a recent one being limited liability partnerships (LLP)‚ created by the Limited Liability Partnership Act 2000 (LLPA). This act came into force on the 6th of April 2001. As‚ LLP’s have qualities similar to partnerships‚ they are seen as a hybrid between a partnership and a company. An LLP is a ‘corporate body’ with ‘separate legal personality’‚ distinct from its members. Members enjoy limited liability and are not jointly and severally liable for the debts
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Television Broadcasts Limited‚ commonly known as TVB‚ is the first wireless commercial television station in Hong Kong. It was first established on 19 November 1967 with only about 200 staff. The Group has now grown to a size of about 4‚200 including contract artistes and staff in overseas subsidiary companies. The major activities of TVB are television broadcasting‚ programme production and other broadcasting related activities such as programme licensing‚ video distribution and satellite broadcasting
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Should Speech be Limited? Adopted in 1791‚ the First Amendment‚ states that “Congress shall make no law abridging the freedom of speech‚ or of the press or the right of the people peaceably to assemble‚ and to petition the Government for a redress of grievances.” The freedom of speech (documented in the First Amendment) is not only a constitutional protection‚ but also an inevitable part of democratic government and independence‚ which are essential values in our society. Censorship‚ is an almost
Free Freedom of speech First Amendment to the United States Constitution Democracy
By – Kajol Vaswani Business Project Private Limited Companies A private limited company is a voluntary association of not less than two and not more than fifty members‚ whose liability is limited‚ the transfer of whose shares is limited to its members and who is not allowed to invite the general public to subscribe to its shares or debentures. Ownership Control Ownership of a company rests with the shareholders. One share equals one vote‚ which implies an equal share in the profit
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subject: Financial Reporting Millat Tractors Limited Synopsis of Annual Director report 2013 Touqeer Hussain Awan Submitted To: Sir Ubaid Ur Rehman ABOUT MILLAT TRACTORS LIMITED BOARD OF DIRECTORS CHAIRMAN MR. SIKANDAR MUSTAFA KHAN CHIEF EXECUTIVE SYED MUHAMMAD IRFAN AQUEEL MR. LATIF KHALID HASHMI MR. SOHAIL BASHIR RANA MR. LAEEQ UDDIN ANSARI MIAN MUHAMMAD SALEEM MR. MANZOOR AHMED (NIT NOMINEE) MR. SAAD IQBAL COMPANY SECRETARY MIAN MUHAMMAD SALEEM CHIEF FINANCIAL OFFICER MR. JAVED MUNIR
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1. Advantage of limited company status. Higher take home pay - You’ll typically take home around 75% - 80% of your contract by working through your own limited company‚ you can take home as much as £15‚000 per year more on a £350 daily rate compared with using an Umbrella Company. Claim on a wider range of expenses - Anything that is solely classed as a business cost can be claimed back on expenses. Trading through a Limited company means you can claim on a wider range of expenses such as accountancy
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that explains the concept of limited government. Your essay should also explain how the concept is reflected in U.S. government. Tips to Remember: Use specific examples Use clear and concise language Include a thesis statement at the beginning of your paper that expresses the main point you want to make in the essay Be sure to focus on that point throughout the rest of the paper ------------------------------------------------- In a limited government‚ power is generally
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Case Report Pak Electronic Limited: Converting Systems to ERP Executive Summary Pak Elektron Limited (PEL)‚ a large manufacturer of consumer home appliances and power transformers‚ initiated an information system conversion to a Tier 1 enterprise resource planning (ERP) system in 2007. After the Phase I of implementation by 2011‚ Pak Elektron was facing a liquidity crisis that hindered implementation of further modules. Legacy systems were still being widely used‚ and staff had grown uncomfortable
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Amalgamation of Air India Limited and Indian Airlines Limited with National Aviation Company of India Limited. The Government of India‚ on 1 March 2007‚ approved the merger of Air India and Indian Airlines. Consequent to the above‚ a new Company viz National Aviation Company of India Limited (NACIL) was incorporated under the Companies Act‚ 1956 on 30 March 2007 with its Registered Office at Airlines House‚ 113 Gurudwara Rakabganj Road‚ New Delhi. The Certificate to Commence Business was obtained
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