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Each year, Nestle produces a detailed Annual Report, which consists of i) the Annual Review, ii) the Consolidated Financial Statements of the Nestle Group, iii) the Financial Statements of Nestle S.A., iv) the Corporate Governance Report, and v) the Compensation Report.
Access the Nestlé home web page and download: Corporate Governance & Compensation Reports, Financial Statements for 2018
Note: this file is available at:
https://www.nestle.com/asset-library/documents/investors/annual-report/corp-governance-compensation-financial-statements-2018-en.pdf
Instructions: In light of your study of the course subjects and your readings through (the Internet - Nestlé Corporate Governance & Compensation Reports, Financial Statements for 2018 - the university e-library), answer the following questions:
(Always support your answer with relevant examples and suitable figures from the Nestlé’s annual report.)
features that makes you a successful entrepreneur
Hybrid Dealers bought computer equipment for R54 000 on 1 July 2018. The equipment is depreciated at 20% according to the diminishing balance method.
Required:
Prepare the depreciation and closing transfer entries in the general journal of Hybrid Dealers on 31 March 2019 and 31 March 2020.
Combo Manufacturers manufacture and sell photo copy machines. The ink cartridges are installed in the
machines during the production process. Combo Manufacturers applies the weighted average method when
evaluating inventory. The following transactions occurred regarding cartridges during the month of July.
01 Cartridges on hand 620u @R1 550.50 per unit
04 Issued to production 300u
09 Purchased 200u @R1 600 per unit
12 Issued to production 500u
19 Return to storeroom 50u (issued on 12 July)
23 Purchased 300u @R1700 per unit
26 Issued to production 250u
31 Return to supplier 20u (purchased on 23 November)
Required
Compile an inventory card calculating the value of closing inventory. Also show the value of total purchases
and total material issued to production.
Sky Ltd produces and sells cameras. The camera lenses are ordered from a supplier in Germany and it takes
about 3 to 6 weeks for the lenses to be delivered from the date the order is placed. The company operates for
50 weeks a year. One lens cost R900. The cost of placing an order is R400 and the cost of storing one lens
per annum is R183.
Minimum usage per week 23 lenses
Maximum usage per week 67 lenses
Required
Calculate the following:
1.1 Economic order quantity
1.2 Total order cost for the year
1.3 Total storage cost for the year
1.4 Total cost of material used in production
1.5 Re-order level
1.6 Maximum inventory level
1.7 Minimum inventory level
1.8 Average inventory level
1.9 Safety stock

Creating a sustainable competitive advantage may be the most important goal of any organisation and may be the most important single attribute on which each business must place its focus. Explain the importance of managing information for sustaining competitive advantage.


Audit Risk and Sampling
Overview
In this assignment, you will prepare a 2–3 page report that addresses the requirements specified in the case. Fully address each requirement and include at least two current references to scholarly and/or authoritative sources.

Instructions
Specifically you will be required to:

Explain the effects on the account of the opening of the first retail store.
Describe how the business change will affect audit risk components.
Determine expected changes to inventory transactions and balances and specify which will be most affected by the business structure change.
Describe the population(s) and recommend a sampling approach for substantive inventory testing.
Use at least two current, quality academic or authoritative sources in this assignment. Note: Wikipedia and similar websites do not qualify as quality scholarly and/or authoritative sources. Use the Strayer University Library to conduct your research.
Explain two contrasting beliefs in contemporary society about abortion?
A way of avoiding the discontinuous innovation and market destruction associated with radical innovation is to be able to manage the transition to new technologies that have more potential, to “cross discontinuities” effectively. Foster considers certain strategic errors to be the cause of companies’ market losses in the face of technological changes.
Summarise in your own words, these strategic errors.
Question: Consider an example of e-mail system which is filtering incoming e-mails as follows
• Whitelist (e-mails from senders on the whitelist are accepted)
• Blacklist (e-mails from senders on the blacklist are deleted)
• Spamassassin tool (e-mails that do not pass this check are marked as spam)
To design the above scenario, provide following information
a) Architectural pattern name
b) Diagram of its working
c) Description of diagram
d) Two most important advantages
e) Two most important disadvantages
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