Technology 8 Purchasing 8 Training 8 What McDonalds’ do with its Profits? 8 Hierarchy of McDonalds’ 9 ACCOUNTING DEPARTMENT 10 Hierarchy of Accounting Department 11 How profit is measured in McDonalds’? 11 Financial Statements 12 INCOME STATEMENT 12 BALANCE SHEET 14 Statement of cash flows 16 Statement of owner ’s equity 18 How inventory is handled w.r.t. Accounting 20 Bad Debts 20 Depreciation 20 Bank Reconciliation Statement 20 References 22 WELCOME INTRODUCTION
Premium Generally Accepted Accounting Principles Balance sheet Fast food restaurant
MNGT-511 FINAL EXAM (Total points 100) Name: Rebecca Malandrino Chapter 7 1) Which of the following types of inventory usually is not held by a manufacturing business? (3P) C) Merchandise inventory 2) The following information was taken from the 2007 income statement of Cobra Company: Pretax income‚ $12‚000; Total operating expenses‚ $20‚000; Sales revenue‚ $120‚000. Compute cost of goods sold. (5P) A) $88‚000 (120‚000 – 20‚000 – 12‚000) 12‚000 (pre-tax income) + 20‚000 (operating
Premium Generally Accepted Accounting Principles Inventory Revenue
PRESENTATION REPORT GUERILLA MARKETING Report Today I am going to talk about Guerilla Marketing. Firstly‚ I am going to introduce you the traditional marketing conception and Guerilla Marketing model. Secondly‚ I am going to tell more about Guerilla and explain how does it works. Lastly‚ I will assume the risk of Guerilla and how it can become negative for business. So‚ how to sell more by spending less? This question is the most relevant in the business world. As American
Premium
INTEGRATED MARKETING PROGRAM ASSIGNMENT Background CoverGirl is a leader in the cosmetic market and with consumers. It is the number one consumed cosmetics brand in Canada. According to AC Nielsen‚ CoverGirl ranks number one cross the key consumer measures; it is the brand in the most number of households‚ the brand with the highest loyalty and highest purchase frequency. The LashBlast boutique is the number one boutique in the mascara category and accounts for 20% of CoverGirl’s business
Premium Retailing Marketing Wal-Mart
Copper Cycle Summary During the copper cycle lab‚ my partners and I performed a series of reactions on copper powder and observed the changes it underwent. For the first step‚ we mixed nitric acid and copper powder‚ and noticed that a yellowish brown gas emerged‚ along with effervescence. The red solid disappeared and became a blue liquid. We know that we produced copper nitrate‚ nitrate gas‚ and water because the only two blue solutions in “A New Language” are copper sulfate and copper nitrate
Premium Chemistry Chemical reaction Ammonia
The Copper Cycle Alexes Montalvo Chem 1500-10 September 26‚ 2012 The Copper Cycle Introduction: The Copper Cycle is a popular experiment used to determine if an element‚ in this instance‚ copper‚ reverts to its elemental form after a chain of reactions. This experiment is very dangerous because of the reactions between the strong acids and bases. In this experiment I performed a series of reactions starting with
Premium Sulfuric acid Ammonia Zinc
he Krebs Cycle also expressed as: CH3C(=O)C(=O)O− (pyruvate) + HSCoA + NAD+ → CH3C(=O)SCoA (acetyl-CoA) + NADH + CO2 is the main pathway in all aerobic organisms. Basically it’s the way that cells produce energy for itself‚ but the only issue is it requires the presence of oxygen. In total eight reactions that take place in the mitochondria‚ and these reactions result in two carbon molecules and oxidizes it into carbon dioxide. Step 1 Citrate synthase bridges to Oxaloacetate substrates which can
Premium Metabolism Cellular respiration Adenosine triphosphate
Chapter 1 Introduction The development of Integrated Reporting is designed to enhance and consolidate existing reporting practices‚ to move towards a reporting framework that provides the information needed to assess organizational value in the 21st century. The traditional reporting model was developed for an industrial world. Although it continues to play a valuable role with respect to stewardship of financial capital‚ it nonetheless focuses on a relatively narrow account of historical financial
Premium Sustainability Strategic management Financial statements
FINAL PAPER Managerial Accounting Ateneo-Regis MBA Program by: Maria Victoria Sierra TAMERA PLAZA INN‚ "Your Urban Bed and Breakfast” On this small plot of land in the middle of a bustling city called Bacolod‚ in the Negros Occidental province of the Philippines‚ lies home to the family of Jose and Teodula Tamera. Located on 79 Lacson Street‚ this place was especially home to one of their sons‚ Robin Tamera. After years of decadence in this little
Premium Cost accounting Costs
LILTS BERGER & ASSOCIATES Certified Public Accountants Ocean City‚ Florida 33140 Independent Auditor’s Report To the Stockholders Oceanview Marine Company We have audited the accompanying balance sheet of Oceanview Marine Company as of December 31‚ 2007‚ and the related statements of income‚ retained earnings‚ and cash flows for the year then ended. These financial statements are the responsibility of the Company’s management. Our responsibility
Premium United States Financial audit Audit