CHAPTER - II RECONSTITUTION OF PARTNERSHIP (CHANGE IN PROFIT SHARING RATIO AMONG THE EXISTING PARTNERS‚ ADMISSION OF A PARTNER‚ RETIREMENT/DEATH OF A PARTNER) Admission of a Partner Learning objectives:After studying this lesson‚ the students will be able to: Identify and deal effectively with the situation of reconstitution of partnership. Identify the problem arising due to admission of a partner in the firm. Calculate new and sacrifice ratio in different cases. Understand‚ calculate
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Sainsbury’s is to serve its customers. The primary objective of any business is make money and invest. If it doesn’t do that it can’t exist. Sainsbury’s is a major retailer in grocery and general retailing. As Sainsbury is a profit-based business‚ its maximises their sales and profit‚ expanding to maintain its competitiveness in addition to outshining competitor. Sainsbury’s focus on shareholders with progressive returns on their investment improving profitability though investment in efficient stores
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the economics of their CRUs business radically reducing profits. As average rental weeks decreased (see Exhibit A)‚ the incremental inventory required to support CRUs stocking policy increased inventory by roughly 18% over last year’s values. It also accelerated the rate of receipts and the onerous costs associated with processing damaged returns. Ultimately these costs drove CRUs profits into negative territory forecasted to produce a net profit of -4.6% over a 52 week period. Rather than focus
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Pilgrim Bank Case September 26‚ 2013 How much do profits vary across customers? Provide statistical support for your answer. Out of a sample of 31‚634 Pilgrim Bank customers‚ from a population of 5 million total‚ and zero missing values‚ profits vary widely. The average customer profitability is $111.50. The minimum value of this data set is -$221 and the maximum is $2071. This describes that there is a very wide range. The median customer profitability is $9 and the standard deviation is $272.84
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BUSN 105 28 Sept. 2014 Case Analysis #1 “Will GM’s Strategic Plan Lead to Future Successes?” 1. GM is using the prospector strategy to boost sales and increase overall income each year to raise their profit margin to the highest in the auto industry. If they achieved this they would be a huge competition to other car manufactures. The company made many changes to GM internationally to try to find new ways to increase profitability while decreasing costs. They stated that they cut their global
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measured by dividing net income by net sales. 1. SciTronics’ profit as a percentage of sales in 2008 was ______ %. 2. This represented an increase/decrease from ______% in 2005. Management and investors often are more interested in the return earned on the funds invested than in the level of profits as a percentage of sales. Companies operating in businesses requiring very little investment in assets often have low profit margins but earn very attractive returns on invested funds. Conversely
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mentioned that Nau is a firm formed by a small group of executives succeeding in their previous jobs. They have same aspirations that in addition to generating a profit‚ companies have an equal responsibility to create positive social and environmental change. Regarding this simple sentence‚ it is obvious that Nau’s ideal is not just maximizing profits of the firm‚ but also it is willing to protect and improving both social and environmental welfare. Therefore‚ from a "go green model" perspective‚ its approach
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this is a risky and challenging target to sustain. Genzyme decided to walk alone because they thought collaboration would distract them from their strategic direction and eventually make them dependent. Moreover they also wanted to enjoy the whole profit earned by the orphan drug and spent as self sufficient as they could specially during their start-up phase. Initially‚ when Genzyme had few projects to handle this policy worked well but as the company is growing quickly and has lots of upcoming projects
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goes around in the business. They will set the salary boundaries and decide whether on increased pay to certain people around Tesco. The owners are considered to be really important people at Tesco as also they constantly look at new ways of making profit; a way
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early-stage companies. However‚ each quarter thereafter we were able to maintain a profit‚ ending with $18‚270‚122 gross profit and $15‚232‚910 operating profit. Our six computer models are the driving factor behind such success. These models include The Motherboard‚ Babyboard 2.0‚ Horseboard‚ Superboard‚ Toddlerboard‚ and The Ponyboard. The Superboard‚ out of all the models‚ was our most profitable device with $6‚303‚840 in profit. We also embarked on a major expansion endeavor‚ spreading our brand originally
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