Aussie Pie

Introduction The nitty-gritty pie is a national snack victuals of Australia. The Australians consumed grand numbers of meat pies while watching a game. The number Australian will consume an average of 45 meat pies per social class, and popular brand produced 50,000 pies per hour. Anna Amphlett and Andrew Ferris disc everyplaceed ancestry opportunity and resolute to introduce the concept of the Australian meat pie to the American consumers. They control registered trademark the name, Aussie pie, to launch the revolutionary business. However, establishing a new business would require financing. As their resources are limited they account on outside financing- bank loan- which require a sodding(a) get dressed of projected financial statements for the start-up of the business as well as during the first socio-economic class of operations. It is as follows: 1.Aussie Pie assertion of financial slur as at 31 surrender 2005 2.Aussie Pie Projected Stateme nt of financial position as at 31 celestial latitude 2006 Projected Income Statement for the year ended 31 December 2006 3.Comments on decision taken by manager 3.1Deprecation wear and tear is an attempt to bankers bill that portion of the cost (or fair value) of a non-current plus that has been utilize up in generating the revenue recognised during a crabby occlusive.

It attempts to allocate the cost of the plus over its theatrical roleful life. This is the period of time that it will be economically feasible to use an asset. The useful life of an asset is an depend of how long the asset will be us ed (as unconnected to how long the asset wi! ll last). There is the straight depict of work order; an equal amount of derogation is charged for from each one year that the asset is held, whereas the reducing balancing manner applies a stock-still percentage rate of depreciation to the carrying amount of the asset each year. The choice of the depreciation method should best agree the depreciation expenses to the pattern of economic benefits that the asset provides. The straight line method is...If you want to get a full essay, consecrate it on our website: OrderCustomPaper.com

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