Report to Tony Russo Impact of Tony’s new initiatives on accounting: Any significant adjustment required‚ etc. Organic Product Line- There appears to be an impairment loss which occurs in the organic Product Line. As per the case‚ approximately $5000 worth of perishable product has been discarded as it had reached the expiry date before being sold. Moreover‚ customers have indicated that they would be willing to purchase more of these products if there would be a reduction in price by 30%. According
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MEMORANDUM DATE: November 29‚ 2012 RE: Valuing Kraft Through the use of historical sales‚ growth rate‚ and capital structure data for Kraft Foods‚ Inc. we were able to estimate a current valuation of the company. Furthermore‚ by projecting historical data out to predict future cash flows‚ we were able to fairly value Kraft Foods. Process Steps 1. Estimate the WACC for Kraft 2. Calculate historic growth rate 3. Calculate the average income tax rate and determine the relationship
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Wednesday‚ 11 April 2012 Model Answer - IELTS (Task 1) There are four main ingredients in a fish pie (fish‚ sauce‚ peas and potatoes) and before being sold in a microwaveable container‚ the mixture passes through a production line where each food is added separately. To begin with‚ potatoes and fresh salmon are delivered to the factory and these products are placed on parallel‚ simultaneously moving conveyor belts. Prior to boiling the potatoes‚ they are cleaned‚ peeled and sliced. They are
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Chapter I: Fast Food to all Food 1. If animals should have certain rights‚ do you think those rights also apply to animals we raise for food‚ like chicken and pigs? Are there any rights that these farm animals should have? If so‚ what are they? * Yes‚ I believe that those rights should apply to animals raised for food‚ as well. I’m not saying that we should stop killing them altogether because‚ however cruel it may sound‚ we still need food and meat is food. Yes‚ the farm animals should have
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client‚ the control risk of Billy’s should be automatically set at maximum. In this situation‚ the engagement team would choose to use substantive tests of details at year-end to test controls. Large sample size would be adopted as well. However‚ in the case‚ auditors did not get contact with the predecessor auditors. The only audit evidence the engagement team gathered was the inquiries of
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Woofer Pet Foods produces a low-calorie dog food for overweight dogs. This product is made from beef products and grain. Each pound of beef costs $0.90‚ and each pound of grain costs $0.60. A pound of the dog food must contain at least 9 units of Vitamin 1 and 10 units of Vitamin 2. A pound of beef contains 10 units of Vitamin 1 and 12 units of Vitamin 2. A pound of grain contains 6 units of Vitamin 1 and 9 units of Vitamin 2. Formulate this as an LP problem to minimize the cost of the dog food. How
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demands a full reimbursement of any fund remitted for the payment of education fees to employees that leave before completing their studies. In this case‚ the worker is exposed to an ethical predicament of fulfilling his obligations‚ through the virtue of fairness with reason. The dilemma exists in the form of payment of a financial investment Angel Foods‚ Inc. made on him at the time of his engagement with them. The action to clear the financial damages was in good faith by the said corporation. Its
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of research was on hamster’s diets and how we could run studies on which brands or types of food were more healthy for the hamsters to eat. In earlier research it started that fruits‚ veggies‚ and mixed seed pallets were more of the healthier types of food for them. They also proved that most nuts such as almonds or sunflower seeds aren’t healthy for them to eat at all.‚ along with any other type of junk food. Hamsters need to be given veggies in small amounts occasionally along with fruit. Also they
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Pet overpopulation is an ongoing crisis and is a serious issue in every community. Each year thousands of animals must be euthanized and put to sleep because decent homes are not found for them. Abandoned dogs and cats are free to roam the streets where they must struggle to survive on their own. The number is approximately; 8 million unwanted animals taken into shelters all across the country. Sadly‚ more than half of them eventually become euthanized. Shelter euthanasia is the number one cause
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For and against essay of having a pet Pets have accompanied mankind since the dawn of history. Allegedly‚ the domestication of animals begun along with the Neolithic Revolution (approximately between 10-12 thousand years ago). Some people either hate or love this accompaniment. For sure‚ there are various disadvantages and advantages of having a pet‚ which I will try to point out in my essay. In my opinion‚ one major advantage of having a pet is that they can replace people and become one of
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