Interpret the contents of a trading and profit and loss account and balance sheet for a selected company‚ explaining how accounting ratios can be used to monitor the financial performance of the organisation. Profit and loss account and balance sheet for Tesco. Consolidated Profit & Loss Account for the year ended 2013 2014 Weeks 52 52 Currency £ Million £ Million Turnover 23653.0 20988.0 Cost of sales -21866.0 -19400.0 Gross Profit 1787.0 1588.0 Operating Expenses -465.0 -422
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Going with The Flow Katha Pollitt is a well-known writer and is most known for being a liberal essayist for The Nation. In 1985‚ she wrote an article titled “Why Boys Don’t Play with Dolls”. Pollitt mentions that parents find it a lot easier to go along with those preconceived notions of boys and girls that society has set than it is to go against the norm. Society has set its own criteria for how we should raise children. Genders and gender-roles play a large part in molding a child to fit
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Trading Report Strategy Chosen Our strategy is consisted of two parts: when the market is neutral without obvious trends‚ we play like the role of market maker; on the contrary‚ we put our bet on the trend. At first‚ we calculate the weighted average quantity from the order book‚ says 1st to 4th layer‚ for both sides. If bid quantity is larger than 2.5 times of ask‚ we believe that bulls prevail and this trend will be continued in a phase. Thus we place a market order to buy‚ expecting to earn
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predator. (2) As a result‚ a survivor always dwells at the apex of the food chain. (3) Same here in Thailand‚ the monopoly has grown massively in recent years by the business level strategy of CP All Public Company Limited which was established in Thailand under the 7-Eleven trademark. (4) Several companies even they are real estate‚ mass media‚ or food chain have been acquired by CP as well. (5) Due to the acquisitions of CP‚ the middle-class encounters with a dilemma because whatever the businesses
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ALGORITHMIC TRADING Algorithmic trading (also known as Black-box trading) refers to the use of automation for trading in financial markets. Simply put‚ it is computer-guided trading‚ where a program with direct market access can monitor the market and order trades when certain conditions are met. Earlier‚ the trading strategies were executed by humans but now it is majorly done by algorithms thus removing human emotion element in trading. Now‚ you may be thinking who uses this concept? Well‚
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Argument Essay Draft Going Green Today in our society we are always thinking about what we have to do‚ how much time we have to do it‚ and what can we use to get it done. Unfortunately‚ we do not always think about what effect it is going to have on our environment. It does not have to be Earth Day to think about being green. Everyone should do their part in making the environment a safer place for future generations. To do this‚ we should reuse and recycle‚ find green alternatives at home‚
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Public Company Accounting Oversight Board; Will it Protect Investors? The Public Company Accounting Oversight Board (PCAOB) was created by Sarbanes-Oxley Act of 2002. This board was created to oversee the audit of public companies‚ subject to the securities laws‚ in order to protect the interests of investors (15 USC 7201‚ 2002). It was created in wake of the recent financial scandals of Enron‚ WorldCom‚ and Global Crossing to name a few. This "Act" established by Congress is to create an oversight
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University of Phoenix Material Kristina Mastroieni Learning Team Worksheet: Strengths and Weaknesses Assessment and Preliminary Project Plan (Due Week Two) Directions: By responding to the following questions‚ your team will lay the foundation for building a successful Learning Team Charter. These questions will ask team members to think about their individual goals‚ strengths‚ and weaknesses and then consider this information in light of the overall mission of the team. By conducting
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win a few comps here and there‚ and I loved every bit of it. That feeling you got when you jumped in‚ the water displaced around the fibreglass board‚ the cool refreshing splash hitting my face then slowly seeping into my wetsuit‚ adrenalin flowed through my veins. One after the other wave after wave‚ I sat just behind the break‚ waiting for that perfect wave‚ sometimes time would warp into days‚ other times the adrenaline accelerated my anticipation into virtual seconds. Either way I always enjoyed
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Summary Li & Fung‚ which is a long-standing Hong Kong based company‚ has evolved from an export trading company to a coordinator of value-added services across the whole supply chain in a global‚ open manufacturing circumstance. Its corporate culture has enabled it to keep pace with the current trend of global business. The successful acquisitions and the venture capital make the company grows stably and rapidly. However‚ the company now faces some challenges coming from Asian financial environment
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