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Answers: Part I Percentage increase in the Gross profit Bellamy’s Australia Ltd posted a strong gross profit margin in 2016 as compared to the year 2015. An increment of 12.79% has been observed indicating a strong level of sales and strong control over the cost of goods sold. This ratio is a strong indicator of the performance and going by the result it can be said that the operations of the company are managed i...
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Answers: Introduction Present study is based on evaluation of various aspects of audit by considering its significance in present commercial era. Study is bifurcated in three questions which deals with pressure on auditor, changing role and responsibilities of auditor and opinion provided by them on the basis of analysis respectively. 1. Pressure is the part of the life of any auditor whether it be professionally or academically. Pressure c...
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Answers: Introduction The process of developing a successful business entity requires a multidimensional analysis of several factors that relate to the internal and external environment in commerce. The areas covered in this current unit are essential in transforming the business perspective regarding the key commerce factors such as ethics, technology, culture, entrepreneurship, leadership, culture, and globalization (Nzelibe, 1996; Barza, 2...
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Answer: Introduction The UK rail industry is a dominant public service because of its demand and supply factors (Watson, et al., 2012). Everyday thousands of commuters make use of the railway network to access the region. Home to popular global cities, the system connects users to Birmingham, London, Manchester Kingsley and other major cities in the region. Smaller towns such Crewe and Holiday Village also benefit from this network. With i...
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Answer: Introduction The objective of this report is to assess how the capital market participants use operating lease in the off-balance sheet at the time of evaluation of the credit risks of the organizations. The study will focus on the risks that are associated with the operating lease. It will also focus on the accounting information and its treatment in the balance sheet with regard to the operating lease. From the economical aspect, th...
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