The companies I have chosen are (profit) Adidas (non-profit) Emmaus. First I’m going to tell about the Global non-profit organization Emmaus. Emmaus is a charity; their purpose is to help others by selling clothing‚ furniture etc. They offer people who have troubles a place to stay‚ they offer them a second change. Emmaus is still a private business‚ because they don’t need the money from the government. Emmaus get’s his money by selling stuff. Emmaus is set up by Henri Antoine Groues
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Name: Ong sithawon 4231111315 Chhay sokundaneth 2265111373 Lov sonirata 4231111144 Assignment I. 1. Process costing is a costing method used where it is not possible to identity separate units of production or jobs‚ usually because of the continuous nature of the production processes involved. 2. Normal loss is the loss expected during a process. It is not given a cost 3. Abnormal loss Is the entre loss resulting when actual loss is greater than normal or expected loss‚ and it
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W22Extra: Tax and Gearing: More Questions Multiple Choice 1) Which of the following statements is false? A) In general‚ the gain to investors from the tax deductibility of interest payments is referred to as the interest tax shield. B) The interest tax shield is the additional amount that a firm would have paid in taxes if it did not have leverage. C) Because Corporations pay taxes on their profits after interest payments are deducted‚ interest expenses reduce the amount of corporate tax
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CASE 4-33 ACCOUNTING | 15% Commission | 20% Commission | Own Sales Force @ 7.5% | Sales | $ 16‚000‚000 | 100% | $ 16‚000‚000 | 100% | $ 16‚000‚000 | 100% | Variable Expenses: | | | | | | | Manufacturing | $ 7‚200‚000 | | $ 7‚200‚000 | | $ 7‚200‚000 | | Commissions | $ 2‚400‚000 | | $ 3‚200‚000 | | $ 1‚200‚000 | | Total Variable Expenses | $ 9‚600‚000 | 60% | $ 10‚400‚000 | 65% | $ 8‚400‚000 | 52.5% | Contribution
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The following worksheet contains cost and revenue data for Shop 48 and is typical of the company’s many outlets: | Per Pair of Shoes | Selling price | $ 30.00 | | | Variable expenses: | | Invoice cost | $ 13.50 | Sales commission | 4.50 | Total variable expenses | $ 18.00 | | | | Annual | Fixed expenses: | | Advertising | $ 30‚000 | Rent | 20‚000 | Salaries | 100‚000 | Total fixed expenses | $ 150‚000 | * Calculate the annual break-even point in dollar
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PDF Report issued on the 26/04/2015 GIORDANO INTERNATIONAL LIMITED Company Profile Deutsche Boerse AG / GIO / BMG6901M1010 Business Summary Giordano International Ltd. operates as an investment holding company. The company engages in retail and distribution of men’s‚ women’s and children’s basic and fashion apparel and accessories under the Giordano & Giordano Junior‚ Giordano Ladies and BSX brands through its own stores and also third party franchisees. Sector >> Apparel & Accessories Retailers
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1. Jean Jackson estimated that the units in ending inventory in the final processing department were 25% complete with respect to the conversion costs of the final processing department. If this estimate of the percentage completion is used‚ what would be the cost of goods sold for the year? Since 270‚000 units were transferred in the processing department and 250‚000 were completed and sold‚ this leaves 20‚000 units left in the ending inventory. Of the 20‚000 units left in inventory‚ 25% of
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The Body Shop Canada “You’re not the kind of franchise applicant we usually get‚” said Harry Robertson‚ company lawyer for the Body Shop Canada‚ as he opened his meeting with potential franchisee Richard Paul. “I suppose we’ll find out whether that’s an advantage or disadvantage‚” replied Mr. Paul. Mr. Robertson’s comment had taken Mr. Paul by surprise‚ and though he was pleased with his response‚ the comment had produced a sinking feeling in the pit of his stomach. Richard Paul Mr. Paul
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PROFITABILITY RATIOS One of the most important measures of a company’s success is its profitability. However‚ individual figures shown in the income statement/profit and loss account for gross profit and net profit mean very little by themselves. When these profit figures are expressed as a percentage of sales‚ they are more useful. This percentage can then be compared with those of previous years‚ or with the percentages of other similar companies. Changes in the gross profit percentage ratio
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Discuss the Company: * Located in Cleveland‚ Ohio * Mechanical contracting business‚ specializing in specialty construction projects in food and beverage manufacturing facilities. * “Custom-built” contractor‚ using primary stainless steel to build the vessels and piping necessary for assembly lines in food & beverage processing. * They work on a project-by-project basis‚ for which it provides engineering design and construction expertise to its clients. * Required relatively little
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