Introduction to Accounting and Finance

Masters
Essay
Finance & Accounting
Pages 12 (3012 words)
Download 0
INTRODUCTION “ABC Energy” is a business project that has been designed keeping the idea of success of Dragon’s Den success of Levi Root’s Reggae Reggae Sauce. It has been suggested with believe that any single idea can gain market acceptance and does not require to be an extra ordinary product or extremely different in order to gain the market share…

Introduction

Based on the forecasted data assessed with ratios and capital budgeting techniques, the project has been found highly feasible with attractive returns. For details view of the financials; forecasting sheets have also been provided. Moreover, there are some assumptions made while forecasting the financials of the project and these assumptions have also been discussed. ASSUMPTIONS ABC DRINK Following set of assumptions have been followed to prepare the following financials for the data: 1. External environment has been analysed and the market has been found conducive of conducting the energy drink business. 2. ABC drink has been evaluated for the offering size of 250 ml. 3. Costing of the material has been used the cost of item listed. 4. All the expenses are based in fictional figures. 5. Price of the product has been set according to competitive prices available on the Amazon grocery offering 6. It is assumed the changing season would not affect the demand. 7. Production and will follow the given pattern. 8. The closing stock of each month is utilised in next month. 9. ...
Download paper
Not exactly what you need?

Related papers

Introduction to Accounting and Finance: Hair silk- financial plan and pitch
The procedure for taking orders would be first come, first serve basis. As the orders increase, production would also be adjusted so it can come up with the volume. For the time being, credit transactions would not be entertained for the first two to three years of operations to avoid debtors. The concept of jus-in-time production by the Japanese would be adapted so there is no need for an…
Essay on introduction finance and accounting
That for the energy drink, the net profit value as a percentage of sales is estimated at between 12% to 18%. That the fixed cost will be estimated as the difference of the gross profit and the net profit figures That the direct costs; both for materials and labor is estimated at between 22% to 27% of the sales figure. 2. Assuming the drink being produced is of the 250ml packet in a bottle type of…
Finance and accounting
As a result, auditors in this case are required to review the accounting information in order to determine how well the business is doing. It requires proper financial statements which provide a clear insight on the economic health of these accounting companies. Generally, it gives an insight on the company’s soundness in the short and long term. As a result, financial analysts, investors and…
Introduction to Business Accounting
Financial ratio analysis is one of the most commonly used method for evaluating and comparing company's performance over a period of time however it has major limitations which undermine its use and value of results produced by it (Moyer and McGuigan 2012). Firstly, the financial data that is used for calculating different ratios is historic that implies that the financial ratio analysis provides…
Finance accounting
Lastly, the reserves of the company is estimated and their modes of utilization so that the write-down of the company can be avoided. Impact of Australian Accounting Standards When the net realizable value for all of the subsequent period. Due to a certain circumstances the inventories of the company needs to be written down below the cost that no longer exists or with the evidence related to the…
Introduction to Accounting - AAS1
There is a significant relationship exist between revenue and expense. The company incurs expenses to generate revenue so, the matching principle states that all the expenses that were incurred in a period to generate revenue should be subtracted from the revenue of the same period for the purpose of computation of the net income (Nikolai, et al., 2010). Going Concern Concept Going concern is also…
Introduction to Business Accounting
While the ‘as at’ financial position is presented in the Balance Sheet (Statement of Financial Position), a detailed presentation in terms of Revenue generated against the expenditures incurred in that accounting period is depicted by the Income Statement (Statement of Comprehensive Income) (Vickerstaff & Johal, 2012).The Statement of Financial Position: …