statements: Pinnacle Manufacturing Company is a privately owned‚ however it relays on loans and has a substantial amount of debt. For that reason‚ the financial statements are extremely useful to investors. Pinnacle management is planning to sell their Machine – Tech division if profits don’t increase in the coming years. If Pinnacle sells‚ the financial statements will be extremely important for buyers. The financial statements will be of great importance to investors‚ in case Pinnacle decides
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contesting the fact that the introduction of ATM has changed the face of electronic payment in Nigeria. This essay hopes to appraise the advent of ATM driven payment with regard to the present and future. 2.0 ORIGIN OF ATM IN NIGERIA Automated Teller Machines (ATM) was introduced into the Nigerian market in 1989‚ as a matter of fact‚ the very first ATM in Nigeria was installed by National Cash Registers (NCR) for the defunct Societe Generale Bank Nigeria (SGBN) in 1989. 2.1 BANKS AND ATMS Banks in
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1. External users’ reliance on financial statements External users rely heavily on the financial statement of Pinnacle Manufacturing. Although‚ Pinnacle manufacturing is a privately held company it incurs a large amount of debt. As a result potential users rely heavily on financial statements. Pinnacle is selling the machine tech division to focus on engine manufacturing‚ the company’s core operations. This causes buyers to also rely heavily on financial statements. In No. 6 the board chooses
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PINNACLE MANUFACTURING―PART V ACCT444 Group Project Part 5 S 15-35 a. (Debbie‚ Anhchi‚ and Rachel) Client: Pinnacle Manufacturing Audit Area: Tests of Controls and Substantive Test of Transactions―Acquisitions. Define the Objective(s): What is the objective? Define the population precisely (including stratification‚ if any): What is the population? Define the sampling unit‚ organization of population items‚ and random selection procedures: What is the sampling organization?
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The injection molding machine belogns to the plastic machinery type that has the largest output and application volume in China‚ as well as being the main force of China’s plastic machinery export. In 2013‚ the export volume of injection Molding Machines was 22‚946 sets with the export amount of USD 932 million; in 2012‚ the export volume was 24‚830 sets‚ so the export volume in 2013 declined‚ but the export value in 2013 increased 3.78%‚ which fully shows that the avergae price of export products
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analysis. CLIENT NAME: | Pinnacle Manufacturing Company | DATE OF FINANCIAL STATEMENTS: | For Period/Dates Ending December 31‚ 2009‚ 2008‚ 2007 | LIQUIDITY RATIOS 2009 | 2008 | 2007 | | | | | Current Assets | 44‚497‚169 | 36‚195‚745 | 36‚005‚390 | Current Liabilities | 25‚926‚158 | 17‚605‚301 | 16‚340‚517 | 1. Current ratio = | 1.72 | 2.06 | 2.20 | Comments: Current Ratio is greater than one‚ suggests that Pinnacle can pay of their current |
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How did everyday life change for those who got a washing machine after it was invented? The washing machine has changed very much everyday life since it was invented. This invention meant for many families to change the hard work of washing clothes by hand to a new machine that did this hard work. Until the arrival of the washing machine‚ washing clothes meant a few days of really hard work. Every week all‚ year long‚ there was a washday. A woman would scrub the clothes. “The soap‚ which they had
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Pinnacle Public Housing and its Uniqueness The Pinnacle at Duxton in the Singapore city can be defined as the most unique Real Estate project‚ which was undertaken as well as created in the year of 1963 and as the days went‚ newer reformations went on getting introduced. In recent time it can be easily called as one of the best Real Estate Project which is extremely surpassing as well as buyer or the customer oriented too. It is a huge Real Estate project which general is inclusive of almost 1850
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One thing that can be very telling in the magazine world is advertising and who they need to appeal to. The two ads that of choice that will be analyzed is the Pinnacle Vodka from the women’s magazine and Courvoisie from the men’s magazine. Even thought these are both French hard alcohols‚ it is interesting to see how gender has a big impact on how the different types of alcohol are advertised and how they target a certain gender. In this essay evaluation it will be prevalent to see how these
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truth? In contemporary society‚ it is whether you have the confidence to do something rather than whether you have the ability that counts. That is to say‚ if you believe in that you gain the achievement while others don’t‚ you are closer to the pinnacle of success. Furthermore‚ we can come to the conclusion undoubtedly that confidence is of giant necessity in our daily life. In the connection‚ one thing can never be ignored when we talk about the methods to enhance confidence‚
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