adjustment resulted in a net sales figure increase of $5.4 million for the year ended on 31st Oct. • Harnischfeger adopted straight-line method for financial reporting purposes and abandoned previously used accelerated method for its US operating plants. 2. What is the effect of the depreciation accounting method change on the reported income in 1984? How will this change affect profits in future years? Depreciation is the systematic allocation of the depreciable amount of an asset over its useful
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1. What is the purpose of financial statement analysis? It show trends and relationships. These also help predict the future‚ show weaknesses‚ strengths. The ratios usually are compared to other companies within the industry and industry average to see where the company stands. Source: http://answers.yahoo.com/question/index?qid=20080215185426AACTP6A 2. If a company had sales of $2‚587‚643 in 1998 and sales of $3‚213‚456 in 2003‚ by what percentage did sales change during this time period
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Basin (PRB) subbituminous coals to reduce emissions‚ the control of heating surface cleanliness has become more problematic for many steam generator owners. A scheduled cleaning approach does not easily address changes in operation. Also‚ as power plant operators push to achieve greater efficiency and performance from their boilers‚ the ability to more effectively optimize cleaning cycles has become increasingly important. Sootblowing only when and where it is required to maintain unit performance
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BERCEN Training Program on On-site Inspection For the Environmental Enforcement Agencies and Inspectorates September 9-12‚ 2003 Ohrid Lake‚ Republic of Macedonia THE THERMAL POWER PLANT REK BITOLA (General information) 2 CONTENTS: page 1. Introduction. . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 2. Description of facilites . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . .
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Noah Onoff Dr. Ho Intro to Plant Life 10 December 2012 The Evolution of Carnivorous Plants In addition to being a subject in the occasional Hollywood horror movie‚ carnivorous plants are possibly the most fantastic members of the plant world. Over time‚ they have developed unique morphological characteristics in order to survive‚ paying homage to Darwin’s theory of natural selection. How carnivorous plants evolved is still somewhat unknown to botanists‚ this‚ in addition to their morphology
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BHP Billiton Financial Analysis Report This report analyses the financial performance of BHP Billiton‚ a diversified natural resources group‚ for a potential investor. It uses the financial ratios to analyse the company’s profitability‚ liquidity‚ efficiency and investment potential. Qasim 1 Introduction 1 2 Peer companies Selected 1 2.1 Vedanta Resources PLC 1 2.2 Vale Limited 1 3 Financial Analysis of BHP Billiton 2 4 Financial Analysis of Peer Companies 3 5 Interpretation
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plus 50 franchises operating in Asia‚ Europe and The Middle East. This report will analyse and outline the company’s profitability‚ liquidity‚ solvency and investment potentials based on 15 ratios. All information is taken from the Next plc 2011 statement. Profitability and Performance The gross profit ratio indicates that Next plc was able to maintain their gross profit. It has decreased insignificantly by 0.05%. In 2011 the revenue has increased by roughly 47 Million‚ hence the sales of costs
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Antimicrobial Properties of Plants A plant with antimicrobial properties means that it destroys or inhibits the growth of bacteria and fungi. Aim: our aim was to see weather or not garlic‚ mint and grass contained antimicrobial properties and if they did how effective they were we were trying to see weather the bacteria will grow around the different plants. Control Test: As a control test what we did was‚ we dipped a paper disc into the alcohol solution we used to dissolve the plants; the reason we
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INTRODUCTION DANSHUI Plant No.2 is located in southern China was a contract manufacturer that assembled electronic products for companies wishing to save labor costs. DANSHUI was getting a one-year contract with apple Inc. to assemble 2.4 million iPhones. It was very anxious when in the first three months of the contract‚ the plant is unable to be assembled as many as the expected and its operating at a loss. The plant has had difficulty hiring enough workers despite raising wages to 35%. In
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Property‚ Plant and Equipment Property‚ Plant and Equipment I- Nature of Accounting Issues Businesses purchase and use a variety of fixed assets‚ such as equipment‚ furniture‚ tools‚ machinery‚ buildings‚ and land. These fixed assets are long-term or relatively permanent assets. Also‚ they are tangible assets because they exist physically. They are owned and used by the business and are not offered for sale as part of normal operations. Perhaps the most descriptive titles these assets are
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