First I would need to review the previous controller’s closing process to determine areas that need improving. Next I would document every step of the closing process this will help itemize the nature of each task, who completes it, the time required to complete it, and any queue times that appear when a task is shifted to a different person within the process. I would also consider shifting work outside the period traditionally reserved for closing activities. I would review the closing activities
Executive Summary Throughout this assignment, the company activities, structure, management accounting functions and contributions to modern management accounting of Unilever Plc has been stated clearly. Unilever Plc is one of the world’s largest manufacturers of transnational consumer and founded in the year 1929 after the combination of two companies. It is a multi brands company which having more than 400 brands and involving in producing food, beverages, personal care and home care products.
a way for companies to choose between the different ways to pay cash out to their shareholders. Payout policy is the main point of many key questions in corporate finance. The payout policy can be divided into two ways retain and payout. For retain, the company can invest in New projects or increase cash reserves. For payout, it can pay dividends to shareholders and repurchase shares. A firm’s payout policy is shaped by market imperfection such as taxes, agency costs, transaction costs and asymmetric
This ratio is increased to 67.6% by 2015. Which are way higher than the industry average of 32.23% and sector average of 39.17%. This change is caused by the notes issuance and debts Costco entered. Firstly, Costco issued $3,500 million of Senior Notes in December
Susurros de Mi arrabal is literarily a fiction/generational history fiction story book written with the purpose to entertain, educate future generations and probably help Puertorricans enjoy a little bit of their own cultural traits, language, ethnic, folklore, music, perhaps food and most important of all, their Love and their life. Every country has changes and challenges related to their generation, the economy, politics etc.; as well as ethnical traits, their idiosyncrasy, their religious beliefs
22nd November, 2015 Laura Schim van der Loeff Academic and Study Skills Pros and cons of “cash-flow accounting” and those of “accrual accounting” Yuting Cui 10888217 In an entity, financial accounting, or bookkeeping is the tool used to keep track on financial activities. Users, for example: managers, stockholders, etc. use the result of financial statements to justify behaviors of the entity and make efficient decisions accounting to the data provided. With different basis, companies have various
Quick ratio Quick ratio of a company is the ratio of sum of cash, cash equivalent, accounts receivable and marketable securities to its current liabilities. It measures short term solvency position of a company with respect to its payment ability from most liquid assets. In this study, it has been observed that IHG's quick ratio in 2009, 2010, 2011, 2012 and 2013 were 0.39, 0.49, 0.62, 0.76 and 0.63 respectively. Quick ratios of IHG has rose consistently from 2009 to 2012 and then dropped in 2013
In today’s day and age, everyone wants to have their dream job and so they work extremely hard to make it to the top. However, people are not always sure the impact that their dream jobs can have on their personal lives. The movie Devil Wears Prada is a movie that showcases what happens to a young woman when she decides to join the fashion brand Runway as the assistant of Miranda Priestly, the editor in chief of the Runway magazine. In the movie, the young woman, Andy, is often faced with difficult
cash through calculation of metrics includes current, quick and operating cash flow ratio. Particularly, the average current ratio of the company is 1.47 that indicates that for every dollar earned, the company will get $1.47 presented in the asset to change into cash. JB HI-FI quick and cash ratio are getting highest ratio in 2015 while a decrease in 2016. However, it is a non-concern signs since company’s ratio is still above industry benchmark, which is 1, as the company still able to meet their
a political level with governments in the US and outside. Ratios help create Walmart as a company and allows investors to be able to gauge and understand the metrics of the organization. These metrics and ratios help investors understand the specific direction of the company and the effectiveness of executive leadership. The primary ratio that must be understood regarding Walmart's earnings-per-share is the price earnings ratio. This ratio will help the company create the level of stock price regarding
To identify different types of workplace issues that nurses encounter and the impact of these issues on nurses’ performance or health INTRODUCTION A workplace is a location where people with different personalities, communication styles and skills work for their employer (a place of employment). This place can vary from a home office to large office building such as hospital, nursing center or clinic. Furthermore, people spend one third
Introduction: Benzopinacol can be prepared from benzophenone in presence of sun light (photochemically) using isopropanol as the reducing agent in presence of acetic acid. Acetic acid is added to prevent the cleavage of benzopinacol to benzophenone and benzhydrol by the alkali derived from the glass container used for the reaction. Benzopinacol obtained in the first experiment is converted to benzopinacolone by heating under reflux (5 minutes) with glacial acetic acid containing trace amount of iodine
Introduction The objective and goal of this report is to pinpoint the negatives from a financial analysis on Chico's FAS, Inc, and why you shouldn’t invest in them. There are weaknesses and strengths in any business, no matter what industry you are in. The company that we did our analysis on, happens to be in a sector that has been struggling for the past couple years. They have been trying to recoup their lost sales, year after year, that they have lost to major online retailers. In our
Organizational Support Direct care staff often look to their direct supervisors or the organization itself for support to prevent burnout. The staff’s direct supervisor needs to be aware of the individuals employees stress level. This can be done my spending time with the individual while working directly with individuals and also listening and paying attention to what the staff member is saying. Many human service organizations offer very generous paid time off packages to their employees so that
MARKETING MANAGEMEMT CASE 1 : OSCAR MAYER Group 2 ----------------------------------------------------------------------------------------------------------------------------------- INTODUCTION Oscar Mayer was founded in the year 1883 and was owned by Kraft’s food. It was famous for its red meat in United States. Oscar Mayer had also made a very recent acquisition of Louis Rich, a producer of White meat and this acquisition proved to be a success mainly because of the growing demand for white
either by cash or by stock or a combination of both. Well, transfers of ownership by cash are very straight forward and clear for the two parties involved in this transaction. While payment using stock options will be given to the acquired company at a ratio equivalent to the amount they are being acquired
Financial Analysis Report Rehma Mohamed Market Profile Payout ratio (%) 35 Dividend ($) 1.32 Dividend yield (%) 1.68 Earnings per share (ttm) 3.72 Price/earnings (ttm) 21.04 Price/sales (ttm) 1.11 Price/book (mrq) 6.12 Financial Highlights Profit margin (ttm) 5.33% Return on assets (ttm) 9.15% Return on equity (ttm) 31.86% Revenue (ttm) 13.51B Gross profit (ttm) 5.10B Operating cash flow 1.22B Trading Information Beta 1.27 Market capitalization ($) 14.90B 52-Week change 27.67% 50-Day
it means the company is too risky although this tends to turn investors away however this can be changed and managed. The gearing ratio is significant to a company and the potential investors. Furthermore it is essential to plan as it affects the company’s ability to maintain a consistent dividend policy during intricate operating periods. Moreover, the gearing ratio reveals the suitability of capitalization of a company. In the year 2015 Halfords had a gearing percentage of 21.54% and 2016 a gearing
When you have an awkward space for your restaurant, it can feel as if you're climbing a mountain without the proper gear. It's already hard enough to figure out the type of furniture you want in the space since it has to be functional, comfortable and yet withstand a lot of customers. Remove the Current Furniture To get a real feel for the awkwardness of the space, it's important to see it without furniture. Remove or open the drapes to really see the stark reality of the room. This will help you
Sex and gender are the two terms used for identification of masculinity and femininity among humans in our daily life. Sex is the biological term that determines the biological and “anatomical” differences between male and female species. It also clarifies the primary and secondary sex characteristics a person should have in order to be male or female. However, gender is a socially and culturally constructed term that delineates the distinction between men and women and their roles in the society