Business Report for Consideration by The Directors of Fuller, Smith & Turner Plc Based on a Two Year Comparison - Assignment Example

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Business Report for Consideration by The Directors of Fuller, Smith & Turner Plc Based on a Two Year Comparison

The other income exceptional item in 2010 arose from the disposal of property assets. The exceptional distribution costs and administration cost in 2009 arose mainly from the impairment of property asset values... ...
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Summary

In the case given, we see that Fuller, Smith and Turner Plc has its financial year ending on the 27th of March 2010. Further we see from the Comprehensive Income Statement that there is a seperation of amounts before exceptional items and that from exceptional items.Exceptional items are usually defined as one-off transactions that may not be repeated in the normal course of business, e.g…

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