Destin Brass Products Problem: - The Company is producing 3 major products – Valve‚ Pump and Flow Controller. The Company is concerned about the price cutting of Pumps going on in the market every month. It is also surprised to see no change in sales of Flow Controller despite 12 ½% increases in prices. Current Scenario: - Currently it is using traditional accounting system‚ Unit of product is charged for material cost‚ labor cost (standard time for labor times the labor pay rate $16 per hour)
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After having received an email from Shannon McDonald (regarding the need to receive a statement of his perspective on recent performance and ideas)‚ Thomas Green is left with several options to choose from to solve the issue at hand. Before discussing these options it is important to describe his first step in taking any one of these decisions. Green must first email McDonald to find out the best time they could meet. For any decision Green decides upon at this point‚ it is important that he communicate
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6.0 Recommendations Acid Test Ratio The acid test ratio shows that Muhibbah have less liquidity which indicates that they holding low amount of cash but high level of inventories .They may have difficulty paying its current liabilities on time. Business is relying on turnover of stock to meet obligations. Here‚ we recommend that Muhibbah should consider level of their accounts payable or paying off their liabilities and ensure the cash flow of the business is optimal meaning that the company must
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INDIAN (3 recommended restaurants) Restaurant Name: Kebab Bistro offer Cost: 35 AED What to order: - Bistro Parsi Dishes (Dhansaak. Sali boti. Papeta ma ghosh. Curry chaawal. Pulav dal. Khichri kheemo. Vindaloo. bhaji daana ma ghosh. khichri patio. Dhan dal patio) - Bistro eggs plore (Sali par edu. Tamota par edu. Kheema par edu. Egg chutney pattice. Resa par edu) - Bistro parsi starters (Patra ni macci. Mutton pattice. Mutton cutlet. Chicken cutle. Chicken farcha) - Bistro parsi pareji - vegetarian
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as “one of the greatest challenges in the 21st century” and states that “as a major supplier of energy‚ BP believes it has a responsibility to take a lead in ªnding and implementing solutions to climate change.”31 In its 2000 environmental report BP also refers to the importance of internationally agreed solutions to mitigate climate change‚ especially the market mechanisms included in the Kyoto Protocol. 9 July -- UPDATE -- I ’ve just been invited to turn this into an op-ed piece for the next
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OIL AND GAS ACCOUNTING: CRITICAL EXAMINATION OF THE APPLICATION OF THEORY TO PRACTICE IN NIGERIA 1.0 INTRODUCTION: The natural resources of a nation‚ particularly the minerals‚ often constitute the lion’s share of the nation’s wealth. This is particularly true of the OPEC nations including Nigeria. Prior to the development of accounting standards issued by the Nigerian Accounting Standards Board (NASB)‚ the financial statements published by the oil and gas industry in Nigeria did not disclose adequate
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Corporates Food / India 2012 Outlook: Indian Edible Oils Liquidity under Pressure Outlook Report Rating Outlook Rating Outlook Negative Outlook: Fitch Ratings‟ outlook for the Indian edible oil industry in 2012 is negative. The agency expects higher revenue growth led by firm pricing on global cues of lower stock to consumption ratio to be offset against higher input costs resulting in margin pressures. Fitch expects the margin pressures coupled with higher working-capital needs and expansion
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7/27/13 Fall in KG output may turn 40k crore investment into NPAs - The Economic Times You are here: ET Home › New s › New s By Industry › Energy › Oil & Gas Fall in KG output may turn 40k crore investment into NPAs By Rajeev Deshpande‚ TNN | 27 Jul‚ 2013‚ 06.44AM IST Post a Com m ent NEW DELHI: Rs 40‚000 crore of investments in power plants with an installed capacity of 4‚904 MW are at risk of turning into non-performing assets due to non-availability of domestic natural gas‚ primarily
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British Petroleum spill of 2010 Over the past decade our country has experienced many catastrophes that have literally crippled the nation economically‚ socially‚ and financially. Most recently‚ our country has begun another crisis‚ this time in the Gulf of Mexico. British Petroleum’s underwater pipeline‚ Deepwater Horizon‚ catastrophically failed and began spewing hundreds of thousands of barrels of petroleum daily. Currently BP plans to create a relief pipeline to fix the Deepwater Horizon and
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The BP Oil Spill “Thank God men cannot fly and lay waste to sky‚ as well as the earth‚” said Henry David Thoreau on environmental damage. The BP‚ or British Petroleum‚ Gulf oil spill has been widely referred to as the biggest environmental disaster that the United States has ever faced‚ with over four million gallons of oil pouring into the waters off the Mexican Gulf Coast. The BP oil spill occurred in April of 2010. It was‚ and still is‚ the biggest oil spill in all of U.S. history. The massive
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