Baseball‚ hot dogs‚ potato chips‚ and pop. What can be more American than that? The potato chip is the king of salty‚ crunchy snacks. Potato chips originated in New England in 1853 at Moon Lake Lodge in Saratoga Springs‚ New York. The inventor‚ a chef named George Crum‚ was part Native American and part African American and a guide in the Adirondack area. The potato chip was invented when a dinner guest returned his fried potatoes to Chef George Crum because they were not crunchy enough. After returning
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BUSINESS SET-UP GUIDE Production of Banana Chips Business Profile Summary You will need a market that can support sales of at least K73 per day. You will need around K3‚000 to start the business. Profit potential for this business is around K3‚000 per year. Sales You will need a market that can support the sale of K400 - K600 per week. This guide is focussed on starting a small scale banana chip making business‚ selling the product in trade stores‚ supermarkets‚ clubs‚ hotels or markets.
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Table of Contents Introduction 2 How it happened? 2 Financial Reporting Issues 3 Trading Business and Mark to Marketing 3 Reporting Issues for Special Purpose Entities 3 Other Accounting Problems 4 Governance and Intermediation Failures at Enron 4 Role of Top Management Compensation 4 Role of Audit Committees 4 Role of External Auditors 4 Role of Fund Managers 5 Role of Accounting Regulations 5 The Sarbanes Oxley Act 5 Did it help? 5 Bibliography 6 Introduction Kenneth
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ANALYSIS OF FOREIGN FINANCIAL STATEMENTS Chapter Outline I. Reasons to analyze financial statements of foreign companies include: • making foreign portfolio investment decisions‚ • making foreign merger and acquisition decisions‚ • making credit decisions about foreign customers‚ • evaluating foreign suppliers‚ and • benchmarking against foreign competitors. II. There are several problems an analyst might encounter in analyzing foreign financial statements‚ including: • finding
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The History of the Potato Chip One of the most recognizable snack foods is the potato chip. Who can resist this thin slice of potato‚ fried into a crisp then salted? Potato chips are delicious and very popular. They satisfy the taste buds of many by hitting all the essential characteristics of a good treat. They are convenient‚ easily found‚ salty‚ greasy‚ and come in a wide variety of flavors. It is hard to believe their invention was a mistake. When George Crum‚ a Native American chef in Saratoga
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Introduction Financial ratio analysis is important to a business’s success. A financial ratio analysis is an indicator of a company’s financial performance. It helps a business compare company financials with previous periods and also allows a business to contrast its financials to similar companies. A financial ratio can provide a clear image of a company ’s state and identify trends that are emerging. Use of ratios in analyzing financial statements Ratio analysis is a form of financial analysis
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the income statement and balance sheet. There are certain ratios that can be used to measure profitability and asset utilization. Financial statements allow the business to stop in time so that entrepreneurs and investors alike can measure the fiscal performance of the company. This article looks at vertical analysis as one method of analyzing financial statements. Vertical Analysis of the Financial Statements Vertical analysis compares different categories of the financial statements. The comparison
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Four Basic Financial Statements In the field of accounting‚ the basis of all decisions comes from the calculating and reporting of financial statements. Without these statements‚ a company may lack in organization skills which could lead to huge errors being made. These huge errors could cost a company millions of dollars. Knowing that‚ it is important to make sure that these reports are done accurately and in a timely fashion so that mistakes do not become catastrophes. Income Statement The Income
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Financial Statement Restatement Paper A number of companies have faced restatements because of errors in their financial statements (Kieso‚ Weygandt‚ & Waterfield‚ 2007). Overstock.com is an online retailer offering closeout and discount brand and non-brand name merchandise. They also operate as part of their website an online auctions business- a marketplace for the buying and selling goods and services. In February 2006‚ the company restated financial reports from Q1 2002 to Q3 2005 due
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INTRODUCTION Electronics without silicon is unbelievable‚ but it will come true with the evolution of Diamond or Carbon chip. Now a day we are using silicon for the manufacturing of Electronic Chip’s. It has many disadvantages when it is used in power electronic applications‚ such as bulk in size‚ slow operating speed etc. Carbon‚ Silicon and Germanium are belonging to the same group in the periodic table. They have four valance electrons in their outer shell. Pure Silicon and Germanium are semiconductors
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