accounting profit figure is simply a measure of the true profit of an organisation.” Discuss. In order to assess whether the accounting profit is a measure of the true profit it must first be shown that there is such a thing as true profit. If we decide there is‚ we then need to know what it is exactly‚ in order to assess the extent to which the accounting profit reflects this true profit figure. Before studying this module I believed that the true profit was essentially the accounting profit calculated
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……………………………………………………………………………[10 marks] 2. “Decision making is the primary task of the management”. Discuss this statement and explain the process of decision making. [10 marks] ASSIGNMENT-2 1. What are the leadership qualities that you would look for in a manager? Distinguish between innate and acquirable qualities‚ with example. [10 marks] 2. “Budget making is primarily a planning process whereas its administration is part of controlling”. Elaborate. [10 marks]
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The cost profit analysis (CVP) determines how cost and volume affect a company’s operating income. To successfully perform the analysis the five basic components have to be known. The components are volume or level of activity‚ unit selling prices‚ variable cost per unit‚ total fixed cost‚ and sales mix. Volume or level of activity is how many units are produced or sold. The unit selling prices are the cost that each unit produced is sold or thought to be sold will sale for. The variable cost per
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Social safety nets and education of girls and women It has been well documented that Social Safety Nets (SSN) have a significant and‚ in some cases‚ sizable effect on school enrollment and attendance of adolescent girls. Table 4 provides an overview of the evidence of the impact of SSNs on education of girls and women. Conditional cash transfers (CCT) have been effective in reducing the gender gap in those countries where school enrollment rates among girls were lower than among boys (100). School
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Submit Homew ork for Ch tad9000 gfmcppeopigbdej Advanced Manag Question 1: Score 0/4 Your response Exercise 5-1 Fixed and Variable Cost Behavior [LO1] Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $1‚200 and the variable cost per cup of coffee served is $0.22. Requirement 1: Fill in the following table with your estimates of total costs and cost per cup of coffee at the indicated levels of activity
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Profit and loss accounts and balance sheet By law companies are expected to produce financial statements each year. These statements appear in Company Reports. There are two main financial statements: 1. The profit and loss account‚ and 2. The balance sheet. 1.The profit and loss (P&L) account. This account can be updated regularly and shows how much profit or loss a business is making. A profit can be made in several ways‚ for example: * from trading‚ in the case of a High Street shop
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Marks and Spenser is the largest retailer in UK‚ and 43rd in the world. The company owns more than 1103 stores‚ of which 703 - in the UK‚ and the remaining 400 in 44 other countries (Marks & Spencer‚ 2013). M&S has been known as a manufacturer of clothing‚ but since the 2000s‚ the company developed in other areas‚ including: food‚ household good‚ financial services. In 1998‚ M&S became the first British retailer profit of which exceeded £ 1 billion (Bevan‚ 2002). This essay will focus
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Exchange Corp. is a company that acts as a facilitator in tax-favored real estate swaps. Such swaps‚ know as 1031 exchanges‚ permit participants to avoid some or all of the capital gains taxes that would otherwise be due. The bookkeeper for the company has been asked to prepare a report for the company to help its owner/manager analyze performance. The first such report appears below: Note that the revenues and costs in the above report are unit revenues and costs. For example‚ the average office
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Where Has All The Water Gone? Mark Holston There were many water-related issues in South America that Holston stated in the article. “The list of concerns is long and will require higher levels of public awareness and involvement‚ innovative approaches to problem solving‚ and better use of available funds and technology to reverse trends of misuse‚ mismanagement‚ and outright neglect.” (103) One of the challenges was protecting an adequate amount of clean water for human needs and finding huge
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http://famouspoetsandpoems.com/country/America/American_poets.html | | | | | | AMERICA Mark Twain (1835 - 1910) Mark Twain was the pen name of Samuel Langhorne Clemens‚ one of the major authors of American fiction. Twain is also considered the greatest humorist in American literature. Twain’s varied works include novels‚ travel narratives‚ short stories‚ sketches‚ and essays. His writings about the Mississippi River‚ such as The Adventures of Tom Sawyer‚ Life on the Mississippi‚
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