Memo ------------------------------------------------- Background Polysar Limited is Canada’s largest chemical company. Its Rubber Group accounts for 46% of Polysar’s sales. The primary products for this group are butyl and halobutyl and the principal customers for these products are tire manufacturers. The rubber Group has two divisions: NASA (North America & South America) and EROW (Europe & elsewhere). There
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| Polysar Limited | Memo | | For the first nine months in 1986‚ NASA rubber division generated a sale of $66 million which exceeded the budgeted sales by $4.7 million. At the same time‚ NASA created a positive gross margin of 40 million which exceeded the budgeted gross margin by $3.7 million. However‚ they experienced a net loss of .876 million‚ which was $2.8 million lower than the budgeted amount. | Actual | Budget | Difference | | ($ ’000) | ($ ’000) | ($ ’000) | Sales |
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ACTG 2020B Case Study Polysar Limited To: Board of Directors From: North American South American (NASA) Managerial Accounting Team RE: NASA Performance Relative to EROW and Strategic Differences In the Rubber Industry Executive Summary This report seeks to explain the key differences between the NASA (North American South American) and EROW (Europe and rest of world) sales performance over the past nine months. There are several reasons causing the sales performance figures currently
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BACKGROUND Polysar Limited is Canada’s largest chemical company. It is structured into 3 groups‚ namely‚ basic petrochemicals‚ rubber‚ and diversified products. Rubber Group is the largest of the three operating units of Polysar Limited. The primary users of its products‚ such as butyl and halobutyl‚ are manufacturers of automobile tires; other users are from various industries. In 1986‚ Rubber group contributed 0.8 billion which is 46 percent of the company annual sale. The operation of the group
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Skyler williams 4/11/16 Summarizes the case. The first case there is called Limited Jurisdiction Courts and the steps in there is 1- Initial Appearance – is the defendant’s first appearance in court‚ and the defendant is advised of the charges against you Arraignment – The defendant appears in court to enter a plea of guilty or not guilty‚the next step is Trial – If the defendant pleads not guilty‚ a trial is held The judge at the defendant’s request. Sentencing
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Problems The core problem being faced by Attock Refinery Limited is the inefficient appraisal system in the company. Performance appraisal is an extremely important tool in evaluating an employee’s overall performance and providing him/her with the necessary feedback in order to remove performance deficiencies. Now if the performance appraisal system is inefficient then how can employees be expected to improve their performance. There were various minor problems that led to this major problem but
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The financial statement of Adams Limited is ready for a review. I spent about 2 hour making the adjusting entries and preparing the spreadsheet. The transactions of Adams Limited were very straightforward‚ so I could make the adjusting entries without much difficulties. I did not spend time researching about the adjusting entries. Instead‚ I used my accounting book as a guide for the financial statement format. Overall‚ I think I was very comfortable completing this assignment. However‚ I am sure
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Executive Summary This business report have analysed the financial statements of The Reject Shop Limited (TRS) in order to evaluate the financial performance and position of the company over the 4 year period 2006 to 2009. In additional‚ an evaluation on The Reject Shop as an investment was also reviewed and discussed. The trends of the total revenue and percentage increase/decrease year per year for the four years 2006 to 2009 are illustrated and evaluated. The results of the gross and net
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Ashton Moss- 201104366 Prof Dr. Tim Haynes‚ BSAD 342:11 Case assignment #2 Date: November 25‚ 2014 Finning Tractor and Equipment Company Limited Introduction: The purpose of this memo is to summarize my analysis on the case regarding “Finning Tractor and Equipment Company Limited” which is the largest distributor of caterpillar products in North America. In this memo I will provide financial analysis on the company. In addition‚ I will focus on the dividend policy implemented by the board of directors
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Periwinkle Pty Limited Case Study A Fringe Benefit is a form of pay that employees pay employees by providing the employee to enjoy certain privileges. Providing a company car for the employee to use is a commonly used fringe benefit that is made available for management and field work workers. Also‚ the company can decide to offer cheaper prices for its employees by availing the services and products to the employees. This allows the employee to access the products of the company at a price that
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