competitive prices. They also provide more comfortable ambience and atmosphere. Therefore‚ hawkers have to regularly review their menu to sustain the interest of regular customers and satisfying changing customer preferences Threat of entry: The F&B industry has low barriers to entry. Opening a hawker business requires relatively low start-up capital. The cooking skills involved to sell edible and hygienic food are not too difficult to acquire. As a result‚ there are thousands of restaurants to
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source same End result ! ends with financial statements ! integral part of other business aspects B. Cost Accounting Terminology 1. Nature of Cost Cost - A sacrifice of resources: Cost is a measurement in monetary terms of the amount of resources used for some purpose. Expense - The cost charged against revenue in a particular accounting period. 2. Purposes of Gathering Cost Information Routine decision making:
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Page1 R. v G R. v R House of Lords 16 October 2003 Case Analysis Where Reported [2003] UKHL 50; [2004] 1 A.C. 1034; [2003] 3 W.L.R. 1060; [2003] 4 All E.R. 765; [2004] 1 Cr. App. R. 21; (2003) 167 J.P. 621; [2004] Crim. L.R. 369; (2003) 167 J.P.N. 955; (2003) 100(43) L.S.G. 31; Times‚ October 17‚ 2003; Official Transcript Subject: Criminal law Keywords: Capacity; Criminal damage; Knowledge; Mens rea; Recklessness Summary: A person who gave no thought to the risk of damage or injury resulting
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IIM Lucknow‚ Noida Campus MANAGEMENT ACCOUNTING –II Assignment – II‚ Daniel Dobbins Distillery‚ Inc (Case Analysis) Submitted By: Rahul Srivastava (WMP08034) Vinay Joshi (WMP08045) ANALYSIS Company History * Founded in 1880 in Oakwoods by Daniel Dobbins. * Major product is Old Trailridge Bourbon Whisky * High quality of whisky due to the unusual iron-free spring water used in the distillation process and the specially prepared fire-charred white oak barrels used in the aging
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Cells in series and in parallel Cells in Series When cells are connected in series with each other and they are all connected in the same direction the total potential difference supplied to the circuit is the individual potential differences added together. Vtotal = V1 + V2 + V3 Identical cells in parallel with each other When identical cells are in parallel with each other the total potential difference supplied to the circuit is equal to the potential difference of just one of the
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The requirements of section 135 of the Companies Act 1993 that a company should not be carried in such a way as to create substantial risks of serious loss to a company’s creditors has been criticized as virtually imposing a warranty of solvency. Additionally‚ the taking of substantial business risks is a necessary part of business and there will be many circumstances in which directors who take such risks are not fairly open to criticism if the risks later crystallise1. A literal approach on the
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Dear Calgary Herald‚ Shipping plays a vital role in world trade and is the backbone of the world economy. Without ships and the transportation services these ships provide‚ the world would not be as prosperous as it is today and many countries would not be able to participate in world trade. I think we should improve the labour and environment conditions in order to make the people’s lives especially the workers in developing words better. The government should allow people to organize the unions
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Chapter 8 The Cost of Capital 236 CHAPTER 8—THE COST OF CAPITAL TRUE/FALSE 1. Capital refers to items on the right-hand side of a firm’s balance sheet. 2. The component costs of capital are market-determined variables in as much as they are based on investors’ required returns. 3. The cost of debt is equal to one minus the marginal tax rate multiplied by the coupon rate on outstanding debt. 4. The cost of issuing preferred stock by a corporation must be adjusted to an after-tax
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To what extent is it necessary for companies to reinvest profits in research and development? In the past 20 years‚ intellectual property has been highly respected in the world. In other words‚ there has been a majority of companies that paid more and more attention with regard to the performance of department of research and development (R&D)‚ and especially for technologic corporations that own the fast product-life-cycle. Despite the fact that some people will argue whether reinvesting
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‘produced as/ sold as’ matrix Sold as | Produced as | | | 401 | 402 | 403 | 404 | 405 | Total | | 401 | 90‚000 | 10‚000 | | | | 100‚000 | | 402 | | 110‚000 | 30‚000 | | | 140‚000 | | 403 | | | 60‚000 | 40‚000 | | 100‚000 | | 404 | | | | 20‚000 | 20‚000 | 40‚000 | | 405 | | | | | 20‚000 | 20‚000 | | Total | 90‚000 | 120‚000 | 90‚000 | 60‚000 | 40‚000 | 400‚000 | 2 Physical Measures Method | Produced | Proportion | Joint Cost Allocation | Unit Cost | 401 | 90‚000
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