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The European Union Scientific Committee on Food conducted a study last year, and found that while caffeine levels in energy drinks were safe, more studies were needed to assess the dangers of taurine and glucuronolactone.
Ravi and Keith have been contacted by a French beverage firm seeking a joint venture with Zip-6 in that country. Since sales of rival Red Bull has been banned in France because of health concerns with two of its ingredients, taurine and glucuronolactone; Ravi is viewing this proposed joint venture with great interest since Zip-6 does not contain these questionable ingredients. Nils noted that France is a member of the European Union (EU) and sees this as possibly the next major market for the company. A presence in France would give Zip-6 access to all EU countries. This seems particularly promising since France, Denmark, and Norway have banned the sales of Red Bull within these countries. For your Final Project, you are asked to assume the role of a Zip-6 analyst that has been assigned the task of researching the French beverage market and the European Union trade rules and to prepare the following:
Part 1: Outline and presentation Using Power Point slides, prepare an outline of your proposed final report to Zip-6 senior management. This is your graded Assignment for Unit 5.
Identify what type of adjusting entry (prepaid expense, unearned revenue, accrued expense, accrued revenue) is needed in each situation, at December 31, 2010.
daba company manufactures two products product f and product g. the company expects to produce and sell 1640 units of
At an activity level of 6,000 units the cost for maintenance is $7,200 and at 10,000 units the cost for maintenance is $11,600. Using the high-low method, the cost formula for maintenance is:
Calculate depreciation for each of the five years using the declining balance method at twice the straight-line rate.
Explain the activity-based costing (ABC) and traditional two-stage method cost allocation for overhead. Why would a firm use activity-based costing (ABC) rather than traditional two-stage methods of cost allocation for overhead?
For each of the situations, discuss the following and provide support for your conclusions: The type of accounting change. The manner of reporting the change under current generally accepted accounting principle. Where applicable, discuss how amounts..
leopard corporation has ordinary income from operations of 50000 net long-term capital gain of 20000 and net short-term
muncy inc. is looking to add a new machine at a cost of 4133250. the company expects this equipment will lead to cash
the big bear lumber company is trying to decide whether to sell or process further rough-sawn lumber. the joint cost of
There were no other transactions between the two companies. Ignoring income taxes, Mets' statement of income for the year ended December 31, 2011, should include "Income From Investment in Pirates Corporation Stock" in the amount of:
why do we want to use comparative statements for financial analysis rather than statements for a single date or period?
A toffee company discovers that its competitor is producing and selling what appears to be its patented toffee-coated popcorn for a cheaper price.
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