contrast the above methods and recommend suitable method to achieve the organizational objective | P2.3‚M3.3‚D1.1 | Assignment | One of the most important knowledge about accounting is 3 basic inventory techniques or cost flow assumptions: FIFO (stands for first-in‚ first-out)‚ LIFO (stands for last-in‚ first-out) and WAVG (stands for weighted – average). In this article‚ I just want to focus on FIFO and LIFO. Let’s review these concepts: FIFO means that the oldest inventory items are recorded
Free FIFO and LIFO accounting Inventory Revenue
Rising Professional Sport Ticket Prices COMM/105 Rising Professional Sport Ticket Prices The rise of ticket prices for sporting events in America has spiraled out of control into a nosedive that may prove to be impossible to recover from. Dedicated fans of most economic status are becoming more inclined to watch sporting events on television than ever before‚ turning many families into perpetual couch potatoes. This is a direct result of the current greed of professional sports as a whole
Premium Major League Baseball
The Indian FMCG Industry Dinodia Capital Advisors September 2012 Index I. II. Executive Summary Market Overview – – – – Industry Overview Evolution of the Indian FMCG Sector Porter’s Five Forces Model SWOT Analysis Key Challenges Trends in the Industry Growth Drivers Government Policies Major Segments III. Industry Analysis – – – – – IV. Investments in the Sector – Recent M&A Deals – Recent Private Equity Deals V. Major Players – Major Players – Common Stock Comparison
Premium Fast moving consumer goods
image of fast-moving consumer goods. Business and Management- Higher Level 5th November 2012 Word Count: 3986 Abstract: The aim of this paper is to investigate how effective green marketing is in terms of competitive advantage of brand image for fast-moving consumer goods. Initially‚ the paper differentiates the use of green marketing and regular marketing for clearer understanding. Next‚ company profiles of Proctor & Gamble and Unilever‚ both FMCG companies‚ were
Premium Marketing
REPORT ON BENCHMARKING OF FMCG INDUSTRIES IN INDIA BY: SHASHANK CHAUHAN TABLE OF CONTENTS CONTENT PAGE NUMBER 1. Acknowledgements ………………………………………………02 2. Declaration……………………………………………………......03 3. Introduction……………………………………………………….05 4. Executive Summary………………………………………………06 5. Industry analysis………………………………………………….07 6. About industry……………………………………………………08 7. Structural analysis of Indian FMCG industry………………….. 08-09 8. Distinguish feature of Indian FMCG business…………………...09 9. Analysis of
Premium John Cadbury Cadbury plc Chocolate
Fast-moving consumer goods (FMCG) or consumer packaged goods (CPG) are products that are sold quickly and at relatively low cost. The term FMCGs refers to those retail goods that are generally replaced or fully used up over a short period of days‚ weeks‚ or months‚ and within one year. This contrasts with durable goods or major appliances such as kitchen appliances‚ which are generally replaced over a period of several years. FMCG have a short shelf life‚ either as a result of high consumer demand
Premium Financial ratios Financial ratio
Inflation and Consumer Price Indices Maryam A. Bello and Hilda N. Chukwu Multimedia University Contents ABSTRACT 2 INTRODUCTION 3 A literature Review 5 Methodology 6 Statement Of The Problem 6 Objectives Of The Study 10 Summary and Conclusions 10 Abstract Consumer price index has been confused by a lot of people in recent times. CPI‚ which is one of the most frequently used statistics to identify periods of inflation is also sometimes viewed as an indicator of the effectiveness
Premium Inflation
A company should abandon the historical cost principle when the future utility of the inventory item falls below its original cost. 2. The lower-of-cost-or-market method is used for inventory despite being less conservative than valuing inventory at market value. 3. The purpose of the “floor” in lower-of-cost-or-market considerations is to avoid overstating inventory. 4. Application of the lower-of-cost-or-market rule results in inconsistency because a company may value inventory at
Premium Inventory
FMCG Industry Introduction The fast moving consumer goods (FMCG) sector is a large and important part of almost every economy in the world‚ insofar as the products associated with the industry represents a big part of every consumer budget. The goods produced by the industry are basically necessities and the inelastic nature of the goods makes their impact on economies worldwide significant. The FMCG are sometimes referred to as consumer packaged goods and the various products are characterized
Premium Fast moving consumer goods Economic growth Economics
ECON1102 SUMMER SCHOOL 2012/2013 SUBMISSION QUESTION 1: DUE: FRIDAY 21 DECEMBER‚ 2012 BY 5PM. (i) Explain the concept of the consumer price index (CPI) and explain how it is measured. What is the latest CPI figures in Australia (Sept 2012) and what were the main factors influencing the CPI movements in this quarter. (ii) Is the CPI an accurate measure of inflation? Explain the importance of inflation when calculating the real interest rate. (iii) What are the economic
Premium Inflation