assistant to work up some "stuff." Trafalgar decided to call his old friend Crofton Brockley. Brockley was in charge of several large budgeting projects for a consulting firm and Trafalgar knew Crofton to be a recognized expert on budgeting for small companies. Fortunately for Trafalgar‚ Brockley wasn’t busy that week and was able to travel down the next
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University of Phoenix Material Accounting Memo interoffice memo to: Accounting Team mate from: Andrew Accountant subject: LIFO FIFO explanation date: 6/10/2015 Team-mate We need to get together later this week—boss has requested we give her an overview of Last In/First Out (LIFO) versus First In/First Out (FIFO) as it might apply to our company. She needs the background info to present to our president and the board late this month. This is to help management make the decision of which inventory
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Memo To: Professor As a current student of your Accounting 387 course I can agree with the implications of concern with exams and also agree that often exams do not necessarily reflect students abilities due to the time constraints as well as the stress and pressure that students are under during examination time. I feel that a take home exam is better assessment to evaluate student’s capabilities and knowledge of the subject but I would find it nieve of you to believe that classmates wouldn’t
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MEMORANDUM TO: President Steve Corder‚ Big Oil Company FROM: Accounting Research DATE: August 19‚ 2013 SUBJECT: Client Understanding CC: John Doe‚ Supervisor This memo is issued to offer some understanding on the information requested for the analysis of work papers. The memo will define particular areas of review. The memo will also answer any questions you have concerning the analysis of the work papers regarding adjusting lower cost of market inventory on valuation; capitalizing
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MEMO to: William‚ CEO Riordan Manufacturing from: John‚ Accounting manager‚ riordan manufacturing subject: merger recommendations for jjj company date: William‚ After a thorough investigation into the JJJ Company the ad hoc committee has compiled their findings. As our CEO I know that you are anxious to move forward with the acquisition‚ however you have made it clear that you will only move forward if the purchase will yield greater profit and bigger dividends. After reviewing all
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Glitzy Ball Gowns is a business located in Pakuranga that makes custom made ball‚ wedding and formal occasion attire as well as stocking beautiful selection of new and pre-loved ball gowns suitable for school balls and formal occasions. This industry is characterised by low volumes‚ individual customisation and high profit margins. A job cost system is done to submit the cost information for the customers where in this case towards Marty and Drina. It’s also useful for determining the accuracy of
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MEMORANDOM TO: Shareholders From: Carpino Company Corporate Office Date: February 10‚ 2007 Subject: Annual Report CC: Board of Directors It is with great pleasure to report Carpino Company’s financial results in our first year of business. The purpose of this memo is to clarify the attached Statement of Cash Flows and provide a brief synapsis of this year’s results. Although at first glance you may notice that Carpino Company had a net loss $30‚000; this is not necessarily cause for
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To: Jane Doe From: Nancy Haude Date: April 24‚ 2011 Our company is going to be adding new accounting software this year and we are putting you in charge of doing all the research in finding the proper one for our company. We need you to consider all the factors of our company to make sure you are getting the correct package that best fits our business. Some of the most important factors you will be considering when researching are as followed: Come up with a group of people that you will
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Memo To:Retire at Age Fifty Fund (RAFF) From: Penelope Magouliotis‚ Jeffery Childs‚ Marcus Eggleston‚ Syed AzeemDate:February 15‚ 2014 Subject:Ford’s Shareholder Value Enhancement Plan (VEP) Evaluation Ford Motor Company Ford Motor Company is an American automaker‚ it is the world’s fifth largest automaker based on worldwide vehicle sales. Its headquarters are based in Dearborn‚ Michigan‚ which is a suburb in Detroit. Henry Ford founded Ford Motor Company on June 16‚ 1903 and it became one of
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ACCOUNTING: COMPANY REPORT ON SNAGS LTD Prepared for: Management of Snags Ltd Table of Contents Executive Summary 3 Introduction 4 Ratio Analysis 5 Return on Equity Ratio 6 Return on Assets Ratio 6 Asset Turnover Ratio 7 Inventory Turnover Ratio 7 Account Receivables Turnover Ratio 8 Gross Profit Margin 9 Net Profit Margin 9 Current Ratio 10 Gearing Ratio (Debt to Equity Ratio) 11 Profitability 11 Liquidity 11 Efficiency 12 Capital Structure
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