Task 1-P5 The main purpose of the trading account is to know the gross profit/loss of the business. According to the trading profit and loss account for Smiths for the year ended 31st December the gross profit is £186‚325. However the trading account is used to see whether the material costs and direct expenses are covered or not. Material costs means the price of the items used to produce the goods for the sale. Direct Expenses means the expenses are linked to the production to make the goods for
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Unit 2: Business Resources P5 Is The Business Profitable? The closing capitals for both years are very similar and propose that not only is the business very profitable but it is also maintaining its financial position within the market. In 2011 the closing capital was £2‚500‚000 and for 2012 the closing capital was £2‚425‚000. This is interesting because as a business progresses you would think that the closing capital would increase not decrease although this is not too large a decrease when compared
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The Case of Avco Environmental Services Participant: Mohanrasu G Batch : PGXPM 10 Questions: What should Chantale do? What are the reasonable limits on loyalty to one’s employer? Would it make difference if Chantale had a position of greater authority? Would it make a difference if Chantale had scientific expertise? Chantale Leroux had reported to her immediate supervisor as soon as she got to know that the medical wastes are getting disposed of in municipal landfill. Immediate
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provides for children aged 12 weeks to 5 years‚ open Monday to Friday 8 till 6. A nursery will use early years foundation stage (EYFS). An infant school provides education for ages 5 to 7 in term time and also uses EYFS and the national curriculum. D2. A parent and toddler group which is a voluntary provision usually set up by the local church group for 0 to 3 year olds. Another provision is an independent school also known as a private school which is owned by a person or company‚ families pay for
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CHAP TE R 21 Progressivism from the Grass Roots to the White House 1890–1916 CHAPTER LEARNING OBJECTIVES After reading and studying this chapter‚ students should be able to: • Explain grassroots progressivism including its proponents‚ and why they targeted the city for reform. Understand why activists formed alliances with the working class and under what circumstances those alliances proved successful. • Recognize the intellectual underpinnings of progressivism. Explain how reformers put the theories
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•For this project you will fully research a modern artist from Art: 21 and make a connection between their work and at least one artist from the past (prior to 1945) who you have learned about in our text book. Your modern artist will be someone from the PBS series Art:21 http://www.pbs.org/art21/. Follow this link and click on the “artists” tab. Choose an artist you have a strong reaction to and who interests you. •So‚ to be clear‚ you are focusing on a modern artist but linking them to an artist
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D2 introduction to marketing Market research is the action of gathering information about consumers’ needs and preferences. There are various limitations faced by market research which can hinder the validity and use of the information gathered from the research. Without market research Bedford College would fail without a doubt because in order to succeed Bedford college need to know what their target audience want and need. Before Bedford College starts analysing they will first need to gather
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SUMMARY OF IAS 21 Objective of IAS 21 The objective of IAS 21 is to prescribe how to include foreign currency transactions and foreign operations in the financial statements of an entity and how to translate financial statements into a presentation currency. [IAS 21.1] The principal issues are which exchange rate(s) to use and how to report the effects of changes in exchange rates in the financial statements. [IAS 21.2] Key Definitions [IAS 21.8] Functional currency: the currency of the primary
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To discuss whether or not there are valid contracts made between Charles v. Alex and Betty v. Alex‚ the formation of the contract have to be discussed. To form a legally binding contract‚ the elements of offer and acceptance; present of consideration; intention to create legal relation; capacity; legality of object; compliance with formalities; and genuine consent must be present all together. In the case of Charles v. Alex‚ to determine whether or not Alex was entitled to sell the apartment
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Extended Assignment T2: Children and young people’s play and learning The Foundation Phase D1/D2/A1 For this extended assignment I have chosen to look at how the Foundation Phase has an effect on children and young people’s play and learning. The Foundation Phase is a curriculum for children three to seven years of age and emphasises the importance for children to learn through play. Within the Foundation phase it is important that practitioners allow children time and opportunities to play
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