Business Operations Essay Examples

The financial statements of Maple Leaf Gardens serve various purposes for different individuals and entities. Investors, whether they are current or potential, rely on these statements to make informed decisions regarding their investment in the company. Lenders refer to the statements to assess whether they should extend financial assistance to the company. Government bodies review […]

A company exists as a separate legal entity and has its own income tax responsibilities. This structure is commonly used for businesses and provides limited liability and specific tax benefits. However, the reporting requirements for a company are more extensive. For small business owners with a company structure, they may only receive income in the […]

The motivational techniques used at Walgreen can be discussed in the light of the above background. Walgreen uses a number of techniques to motivate its employees. These include attractive incentives, the social context, positive punishers, positive reinforcers, negative reinforcers, aversive incentives, as well as negative punishers. Some of the attractive incentives used at Walgreen include […]

This paper seeks to explain why the annual financial statements continue to remain an important source of information to shareholders, despite the fact that they disclose information on past events when shareholders as investors require information about future events. To attain the objective of this paper, there is a need to discuss the nature of […]

A budget represents the financial plans necessary to achieve strategic goals and is usually created on an annual basis for short-term purposes. The budget enables the distribution of responsibility to managers within different divisions and departments. Each department creates a budget and the departmental manager is held accountable for adhering strictly to the budgeted expenses […]

The charity has kept their accounts in a consistent manner as required by accounting and financial generally accepted statements of UK and Ireland. I will begin with the definition of consistency. Consistency and comparability are also key characteristics of accounting information from the analyst perspective. Consistency refers to use of the same accounting principles over […]

The CEO of Wayne, a food distribution company in the region, is being asked to help prepare cash-flow information for the last three months of the year. The interim balance sheet as of September 30 displays various account balances such as $142 for Cash, $354,155 for accounts payable, and $200 for Marketable securities. Additionally, there […]

Operations Pre-license prospecting Geological evaluation of relatively large areas Mineral right acquisition/contracting Activities related to obtaining from the mineral rights owner the legal rights to explore, develop and produce OLL In a particular area Production sharing contracts- arrangement by which companies obtain rights from the government to explore, develop and produce Exploration Evaluation and appraisal […]

SYNOPSIS Generally Accepted Accounting Practice includes statement AC000: Framework for the preparation and presentation of financial statements. This sets out broad and definitive rules governing the recognition of liabilities and income and expenditure in financial statements. Specifically the following paragraphs need to be considered: Recognition of liabilities: Paragraph 91 states that a liability is recognized […]

Draft budget definition A budget is a statement used to estimate the expected income and expenditure.   The draft revenue and expenditure for Bellflower and Bell is useful in controlling the expenditure of the city council revenues. Bellflower has a population of 76616 and has very many economic activities that can spar it economic growth. This […]

Please respond to all of the following prompts in the class discussion section of your online course: This week you learned about the unearned revenue account. Provide three examples of unearned revenue. Answer: Three examples of unearned revenue would be 1. Prepaid Expense – A year long insurance contract a company paid $12,000 for at […]

This report assesses the financial performance of Alliance Concrete, focusing on its profitability, liquidity, and stability. It involves predicting the income statement and balance sheet, as well as calculating different financial ratios and profitability indicators. The sales environment plays a vital role in understanding the factors influencing the income statement. All calculations can be found […]

To create the pro forma operating statement we used ratios of COGS/Sales and Operating Expense/Sales for years 2004, 2005, and 2006. We then took the average of these ratios and multiplied them by sales for 2007 to come up with 2007 COGS and Operating Expenses. To calculate interest expense we included the outstanding loan Jones […]

Shakespeare Inc. is a privately held book printing and publishing company with a December 31 year-end. There are five accounting issues that management must consider during the course of proper financial statement presentation. This memo will break down the accounting issues and provide guidance per section. 1. Should the information pertaining to actual claims incurred […]

There are nine steps one must follow when concerning accounting. These steps are as follows within the accounting cycle and their functions: 1. Analyze Transaction- This process is done daily and classifies transactions accordingly to debit or credit. 2. Journalize Transactions- The recording process of the recorded information. 3. Post to Ledger Accounts- Last phase […]

Studying this technical article and answering the related questions can count towards your verifiable CPD if you are following the unit route to CPD and the content is relevant to your learning and development needs. One hour of learning equates to one hour of CPD. We’d suggest that you use this as a guide when […]

To ensure growth and development of any organisation, the efficiency of people must be augmented in the right perspective. Without human resources, the other resources cannot be operationally effective. The efficient and effective utilization of inanimate resources depends largely on the quality, caliber, skills, perception, and character of the people, that is human resources working […]

The Coca-Cola Company “branded beverage products available to consumers throughout the world through our network of Company-owned or controlled bottling and distribution operations, bottling partners, distributors, wholesalers and retailers — the world’s largest beverage distribution system” (The Coca-Cola Company, 2010, p. 91). Coca-Cola uses two methods of accounting the equity method and the cost method. […]

Hotels of any size are costly investments to begin with. The costs involved in maintaining the property to the necessary levels to keep attracting customers can at times be very high. Capital expenditures projects in the hospitality industry are primarily focused on the achievement of customer safety and comfort in a clean, friendly, and healthy […]

1. Recognize all alterations made in accounting policies and accounting predictions that Harnischfeger executed during 1984. Try to gauge as precisely as you can the influence these revisions had on the company’s declared earnings for 1984. 1. Kobe Steel’s products, which were accounted for in the net sales, led to a total of $28 million […]

For many years, managers at Formosa Plastics Group (FPG) used a management control system with an element that was somewhat unique for a large corporation – all employees were evaluated subjectively. In making their judgments, evaluators looked at objective performance measures but subjectively made many adjustments for factors they deemed to be beyond the employee’s […]

What are the advantages and disadvantages to Dakota Bank of the new online customers? (answer this question without numbers)  Advantages – Increase in customer enrollment between the promotion period of July and December 2001 from 2,500 to 4,000 a month. Online customers were more active than offline customers, having a higher numbers of transactions across […]