[pic] MY Own business that I will talk about is MC Donald’s. MC Donald’s Company have more than 33‚500 local restaurant serving 68 million people all over the world. MC Donald’s has started in Egypt since 1994 and it’s owned by Manfoods company which Mr. Yassein Mansour is the president and managing director. When MC Donald’s have started in Egypt ‚ they began with two restaurants only min Cario districts of Helipolis and Mohndseen. Now they have more than 59 branches ‚ and
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Purpose of the main financial statements Throughout the existence of a business many requests will be made for its financial statements. Financial statements are formal presentations of the flow of money into‚ through and out of a business. Financial statements are comprised of three main areas: balance sheets‚ income (profit and loss) statements and cash flow statements. Each area of a financial statement has its own purpose and provides specific information about a company’s financial stability (unknown
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Wilfrid: Yeah same here‚ Im Wilfrid ‚ It is a great pleasure for us to be here today. Wai Mun: And im Wai Mun‚ we are the Year 1 Sem 1 student of Bachelor of Communication (Hons) Public Relations in Universiti Tunku Abdul Rahman (UTAR)‚ and will be your MCs for this ceremony. The ceremony will be starting shortly. We would appreciate it if you can kindly switch your mobile phones to silent mode. Thank you for your cooperation. Wilfrid: And now‚ let rise up and put our hands together to welcome the arriving
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The sunset A sunset... The first impression of it is a beautiful and mystifying creation of the nature that leaves a great image in people?s minds; however‚ sometimes those images can associate with an opposite feeling like tiredness and anger. It was in the afternoon‚ around four; I was sitting on the beach‚ looking at the sea and the sun‚ and waiting for my friend. I enjoyed looking into the horizon of the sea where the sky and the water were merging together‚ how the waves were covering each
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Introduction The POP-UP exhibition‚ ‘Sunset Sungei’‚ was inspired by the closure of Thieves’ Market at Sungei Road. The market was a free hawking zone where many elderly made a living until it closed down on 11 July 2017 to make way for residential development (National Environmental Agency‚ 2017). Sunset Sungei targeted Ngee Ann Polytechnic students aged 17 to 21. 85% of youths were unlikely to search for information on local heritage (Aziz‚ 2014). Hence‚ the hands-on exhibition aims to enhance
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Chapter 8 Minicase Proposal to accept Muster or Skilboro This case is to decide between two proposals i.e. Munster and Skilboro. For analyzing different capital budgeting technique will be used by the company. Capital budgeting is concerned with investing in real assets (projects) and capital budgeting techniques help determine whether or not the investment will be profitable. It involves analyzing the cost of the investment and the cash flows that the investment is expected to generate over time
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...3 Chapter 1 A Framework for Business Analysis Using Financial Statements................4 Chapter 2 Strategy Analysis...........................................................................................7 Chapter 3 Overview of Accounting Analysis ..............................................................16 Chapter 4 Implementing Accounting Analysis............................................................21 Chapter 5 Financial Analysis ..............................................
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Accounting Paper The Financial Accounting Standards Board (FASB) is a private‚ not-for-profit organization whose primary purpose is to develop generally accepted accounting principles (GAAP) within the United States in the public ’s interest. The Securities and Exchange Commission (SEC) designated the FASB as the organization responsible for setting accounting standards for public companies in the U.S. It was created in 1973‚ replacing the Accounting Principles Board and the Committee on Accounting
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Introduction Accounting is all about financial information —capturing it‚ recording it‚ configuring it‚ analyzing it‚ and reporting it to persons who use it. The financial statements : The final product of financial accounting is in the form of financial statements that are packaged with other information in a financial report. •Financial statements are prepared at the end of each accounting period. A period maybe one month‚ one quarter‚ or one year. •Financial statements report summary amounts‚ or totals
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Chapter 5: Essentials of Financial Statement Analysis Evaluating accounting “quality” How do we define financial reporting quality? Qualitative characteristics of accounting Information: Understandability Decision usefulness Reliability Relevance Consistency Comparability 1 Attributes of High Quality Financial Reporting Financial reporting (earnings) quality has been considered positively associated with the following: High persistence of earnings and cash flows
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