Cost and Management Accounting Essay Example | Topics and Well Written Essays - 1750 words

Cost and Management Accounting - Essay Example In 2006, Britvic sold 1.4 billion liters of soft drinks in hundreds of different flavours, shapes and sizes and delivers to over 4,000 customers and approximately 200,000 points of distribution. This explains the wide customer network of Britivic revealing the company's excellence in production and service capabilities. Britvic has the instilled pride to produce more soft drinks brands in its portfolio than any other UK manufacturer. This provides an insight on the effective branding strategies and promotions followed by Britivic and the effective business planning of the company's management. The company has approximately 2,700 employees based either at our main offices in Chelmsford and Sol hull or at one of seven factories and network of depots around the country. This portrays the human resource capability and strong local presence in the soft drinks market. The corporate culture of Britivic provides an amicable atmosphere for all the workers who feel great working for the company.Britivic promotes excellence and initiative and encourage the employees to be passionate about our brands and their roles. Accounting policies of Britivic Source : Balance sheet data of Britvic (2007) Investments The Company recognizes its investments in subsidiaries at cost less any provisions made for impairment. Interest bearing loans and borrowings Borrowings are stated at proceeds received less any unamortized issue costs. Issue costs of loans The finance cost recognized in the profit and loss account in respect of capital instruments is allocated to periods over the terms of the instrument using the effective interest method. Borrowing costs ]After initial recognition, interest-bearing loans and borrowings are subsequently measured at amortized cost using the effective interest method. All borrowing costs are recognized as finance costs in the profit and loss account in the period in which they are incurred. Foreign currencies The foreign currency transactions are recorded at the date of transaction referring the ruling rate at that instance. Foreign currency denomination of assets and liabilities will be translated on the basis of exchange rate as depicted in the balance sheet and balance sheet date will be used. All the noticeable differences are updated in the profit and loss account of balance sheet. Issued share capital Ordinary shares are classified as

Issue(s) with Obamacare Essay Example | Topics and Well Written Essays - 500 words

Issue(s) with Obamacare - Essay Example The purpose of the article is to analyse several sources in relation to the main topic and determine how reliable the Obama care is. Contrary to the Act’s main goal, sources indicate that Obama care is doing the opposite because there is an increase in emergency room visits by low-income individuals. The article is in fact stated in that it does not provide indirect information. For instance, the article maintains that since the signing of the Act into law there has been a shortage in physicians and an increase in crowding, which reflects a negative progress. The article tries to prove that Obama care is not meeting the objectives for which it was made. This is being done by indicating and analysing the problems that Obama care has brought in the country with regard to deteriorating health care. Additionally, since the article states, â€Å"Obama care has a new problem† it tries to prove that although the Act had encountered problems in the past, the condition is not im proving (Zadrozny). The overall American population is the audience. The audience might be influenced by the content in that it might refrain from using and trusting Obama care. The author has adequate expertise in both political and business field, as the arguments provided are reliable and does not confuse the reader on the main issue. The sponsoring website for the article is the Daily Beast Company. The company’s reputation is good. This is because the company’s website provides reliable information. Although the article does not have a bibliography list provided, it has incorporated in-text links that point to other reliable websites such as governmental websites that help in cementing the overall argument. To show that the information is trustworthy, the author has ensured that secondary links are provided for further reading and confirmation of the argument’s authenticity. With regard to grammar, the