Management System in Property Management services of EastPoint Properties Limited EastPoint ISO9001:2000 EastPoint has established the documentation of the QMS include a Quality Manual which has clearly defined and applied the eight quality management principles of ISO 9001:2000. Respective verification of the process can be referred to the quality records (Appendix 8.2) of one of their managed property, Siu Hong Court Ph 1 & 2 which has been under EastPoint’s management over five years. a.…
AB Inbev has been speculating to buyout SABMiller for the last few years, but this never materialized as AB Inbev was carrying a lot of debt taken to finance its other mergers and acquisitions in the last five years. As beer is expected to grow at a fast pace in South American and African markets, Anheuser sees an immense opportunity in these markets. Moreover, Anheuser has witnessed steady increase in cash flows and large input cost reductions, giving the firm enough sound reasons to go ahead…
Tesco is one of the leading retailers in United Kingdom. It is an international retailer functioning around 5,600 stores within 13 countries with a workforce individual amount of about 500,000. The company is bringing about the commercial and operational facilities in major parts of the world and some of them are even based in the UK where the foundation of company was carried out about 90 years ago. Presently, Tesco is the largest employer in the UK, being the company which provides…
CHAPTER -3 THEORETICAL BACKGROUND OF THE STUDY Introduction Cost can be defined as the amount that has to be paid in order to get something. In companies or industries cost is valuation of effort, resources, material, time spent, risks incurred and opportunity in production and delivery of goods. Cost accounting is also considered as cost volume profit analysis. This model is useful elementary instruction and for making short run decisions. Cost accounting is process of finding cost for the…
Introduction to Yahoo!: In January 2009, Carol Bartz replaced Jerry Yang as Yahoo!’s CEO. Headquartered in Sunnyvale, California, Yahoo! has offices in more than 25 countries, provinces, or territories. Yahoo! is the second leading global Internet brand and one of the most trafficked Internet destinations worldwide. Together with its owned and operated online services, it also offers its ad offerings and access to Internet users behind Yahoo.! Yahoo! generates revenues by…
The world’s second largest athletic gear maker, Adidas (ADDYY - Free Report) , saw its stock gain nearly 25% in 2015, but that doesn’t mean the New Year doesn’t hold a great deal of potential. Despite a short time when Adidas experienced some troubling moments, the company has really turned things around, and it will be looking to carry its recent momentum into 2016. At a Zacks Rank #2 (Buy), Adidas looks to be a solid stock pick at the moment thanks to these three reasons outlined below. Growth…
Short-term debt for Hanjin far exceeds the average Source: Bloomberg (Companies considered: Hanjin Shipping Co Ltd, AP Moeller - Maersk A/S, COSCO Shipping Co Ltd, Hapag-Lloyd AG, Kawasaki Kisen Kaisha Ltd, Mitsui OSK Lines Ltd, Nippon Yusen KK, Wan Hai Lines Ltd) Stressed liquidity-cornerstone of the receivership filing Hanjin filed for the receivership with the South Korean Court as all the funds with the company dried up. Hanjin’s…
The SEC always reviews S-1 filings before a company is allowed to register and sell its shares publicly. So they questioned Groupon on its Form S-1 filing, including its prominent use of a financial measurement which called “Adjusted CSOI”. Thus, in this situation, Groupon relied on the ACSOI metrics for its accounting standard, because the company found it more profitable under Non-GAAP metrics than GAAP in terms of its net income and operating income in the financial report. In addition,…
extensive recording of financial transactions relating to business. It is important to any business because it is the primary function that help measures a company's profit. Financial statements are prepared using the generally accepted accounting principles (GAAP). It is a detailed breakdown of a company's operations, financial state, and cash flows. In order to accomplish the mission of Durango Manufacturing Company being successful, you should refer to financial management because it refers…
Scenario: Super Sonic is a leading manufacturer of specialty cardboard boxes. In 2013, Super Sonic produced 500,000 cardboard boxes that year, which brought in $7,500,000 in annual sales. All employees completed efficiency training at the end of the year in 2013. After completing the efficiency training, Super Sonic produced 650,000 cardboard boxes for the 2014 year, which brought in $9,750,000 in annual sales. The cost to provide the training was $2,000. Each cardboard box is worth $15 in sales…