"Identify the advantages and disadvantages of a heavy concentration of the audit clients in one industry or sub industry" Essays and Research Papers

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    producing large mass products and manufacturing on a large scale is what gives heavy industry its name. These industries include manufactures of mass transport such as ships and trains‚ oil refineries‚ mining industries‚ and steel manufacturing. As these industries operate on such a large scale they require a lot of resources such as energy and money to fund them. They also require a lot of industrial space. These heavy industries are usually found in the primary and secondary sector dealing with other

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    Identify Industry

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    •  First‚ let us group the industries – several groups with broadly similar attributes : •  Financial Industry o  Commercial Banking Identify  the  Industry •  Retail Industry o  Retail Grocery Store •  High-technology industries o  Computer Software o  Pharmaceutical Preparations o  Semiconductor Manufacturer •  Service Industry •  •  •  •  •  IT Service Provider Mobile phone service provider Commercial airline Integrated Oil and Gas Liquor producer and distributor •  Capital

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    Introduction This paper aims to analyze the common-sized balance sheets and ratios of 12 companies in order to identify their respective industries (Please refer to the Appendix for an overview of the financial data). The balance sheets of the 12 companies are analyzed in four steps‚ as shown in the following table. Step Industry Common Characteristics Companies 1 Service  Almost no inventories  Inventory turnover negligible  Major passenger airline  Regional bank  Temporary office

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    Industries in the case can be organized into five groups consisting of A. Financial industry High receivables (loans) and payables (deposits‚ other loans)‚ little inventory Commercial banking (2) 2 has the highest receivables and payables (both note payable and account payable). It has no raw materials‚ work in progress and finished goods‚ which are characteristics for a bank. B. Retail industry Lots of inventory‚ low gross profit percentage Retail grocery stores(1) 1 has the lowest

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    ----Specialty retailer Industry 2. Commercial banking ----Commercial banks Industry 3. Pharmaceutical preparations ----Pharmaceuticals Industry 4. Commercial airline ----Aerospace and defense Industry 5. Computer software ----Network & other comm. Equip. Industry 6. IT service provider ----Internet services and retailing Industry 7. Liquor producer and distributor ----Beverages Industry 8. Integrated oil and gas

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    CJ INDUSTRIES AND HEAVEY PUMPS 1. CJI’s issue revolves around their new contract with Great Lakes Pleasure Boats composed of a 5-year‚ $10 million per year closing deal. After this contract‚ Great Lakes would represent 30 percent of CJI’s annual sales‚ and therefore‚ putting CJI’s and Great Lakes contract on the list of top priorities. CJI produces all their items in house; except for the bilge pump‚ which is outsourced by Heavey Pumps. Heavey Pumps is a small pump manufacturer that CJI calls

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    AUTOMOBILE INDUSTRY IN UK United Kingdom has been a colossal manufacturer of automobiles in last 10 years. Producing more that 8 million vehicles and engines and exporting more than 80% of these‚ UK automobile industry stands as a driving force of its economy. The automobile industry generates a yearly turnover of around 55 Billion Pounds and largest value from exports. Nevertheless‚ the country that has automobile players like‚ Alexander Davis‚ Aston Martin‚ Bentley‚ BMW‚ Ford‚ Honda‚ Jaguar‚

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    for my term paper both operate in the Heavy Equipment industry. The firms are Japanese based Komatsu Ltd. and the American headquartered company Terex. Komatsu Ltd. headquarters are located in Tokyo‚ Japan while‚ Terex has their headquarters in Westport‚ Connecticut. Komatsu Ltd. is traded on the Tokyo Stock Exchange under the ticker symbol (KMTUY) while Terex is traded on the New York Stock Exchange under the ticker symbol (TEX). Komatsu is Japans largest heavy equipment company and the world’s second

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    The smaller one on the Epistle side has the prayers read by the priest when washing his hands after the Offertory.  The other smaller one on the Gospel side has the Gospel of St. John‚ which is most frequently read at the end of Mass) 15. First Gradine or Candlebench for the smaller Candlestick 16. Second Gradine or Candlebench for the larger Candlestick 17. Mensa or Altar Table 18. Altar Table Coverings (one wax and three linen cloths cover the altar table.  The fourth or top one of linen frequently

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    Discuss the advantages and disadvantages of State Control of Industry. Certain industries are under state control in many countries. It plays an indispensible role for economic development of nations. The term state control means to govern industry in order to develop the economy and to provide better services and facilities for the public. In other words‚ state control refers to the industry owned by the state or government for national welfares rather than profit. Research has shown state control

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