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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CAPITAL BUDGETING AT RELIANCE CAPITAL Specialization: Finance Under the Guidance of: Submitted By: Mr. Debashish Chaudary Prarthana Bajaj Mrs. Archana Singh Nupur Singhal Utsav Goel Taruna Bhadana Arjun
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$500 cash to rent space for the first month of operations. Harley purchased $1‚200 of equipment on a note payable. Cash received from haircutting services for the first half of the month was $900. Harley provided $200 of haircutting services on account. Harley received and deposited a $100 check for the services previously provided. Harley paid $200 cash to an assistant for hours worked during the grand opening. Cash received from services provided during the second half of the month was $1‚000
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May. Outlets are billed when boards are ordered. Invoices are payable within 60 days. From past experience‚ Slopes’ accountant projects 20% of invoices are paid in the month invoiced‚ 50% are paid in the following month‚ and 30% of invoices are paid two months after the month of invoice. The average selling price per snowboard is $450. To meet demand‚ Slopes increases production from December through March‚ because the snowboards are produced a month prior to their projected sale. Direct materials
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Many people now keep dogs and cats as companions. Discuss the advantages and disadvantages of pet ownership for the animals involved and for the community as a whole. Dogs and cats can be delightful buddies but there are also a number of complications linked with possession of pets‚ both for the community and the animal. In great conditions‚ pets are fed‚ cherished and loved‚ like a family member. It’s easy to see how much care is given to pets. Cats and dogs contribute to the public in numerous
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assignments. 1. What are the main components of a personal balance sheet and a cash flow statement? What is the main purpose of each of these personal financial statements? A personal balance sheet and a cash flow statement are personal financial statements that show your current financial position and summarize one’s income and spending. The purpose of these financial statements is to report your current position in relation to your net worth‚ measure your progress toward you financial goals‚ serve
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“Family Income” Wage- Is the money amount receive daily for rendering service. Received by unskilled semiskilled‚ and skilled workers or blue-collar workers. A salary is the amount of money received monthly by professionals or white-collar workers. IN ADDITION TO WAGES OR SALARIES‚ SOME FAMILIES HAVE OTHER SOURCE OF INCOME THIS INCLUDE THE FOLLOWING: 1. Dividends from investments in bonds & stock. 2. Gifts from relatives & friends. 3. Inheritance. 4. Rentals from apartments
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Accounts receivable is a legally enforceable claim for payment from a business to its customer/clients for goods supplied and/or services rendered in execution of the customer’s order. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the
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the change and what the reasons?.My upbringing and childhood‚ formed the person I am today‚ following in their footsteps‚ carrying on their decent ways‚ and therefore passing them on again to my children and grandchildren. I cannot remember at any time coming home from school and my grandmother was not there. No latchkey kid syndrome for me. Clothes:-A grandmother who knitted beautiful outfits for all the new babies who arrived into the family. Endless sweaters made from lambswool‚.Outfits‚ dresses
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video clip titled the warriors of the net also known as the dawn of the net‚ give answer to my questions. Because the video were discussing clearly‚ systematically‚ and easily the cycle of information we are working within a computer network. The characters involved on that movie are the data circulating inside a network which are the TCP packet‚ ICMP ping packet‚ UDP packet‚ router‚ ping of death‚ router switch‚ network routes ‚ firewall and of course the net and they are being animated so that the
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