\ Pinnacle Foods Inc.: Initial Public Offering MACKK Consulting Group BSAD 444.20 April 1st‚ 2013 Company History Pinnacle Foods Group is a food packaging company specializing in shelf stable and frozen food categories. The company was formed in 1998 as Vlasic Foods International‚ acquiring several food-manufacturing brands such as Swanson TV dinners and Open Pit from the Campbell Soup Company. Pinnacle’s portfolio of iconic brands dates back in existence to the 1800s. The earliest brand
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Andrew Jacot Aviation Safety January 30‚ 2013 Pinnacle Airline Flight 3701 October 14‚ 2004 in Jefferson City‚ Missouri two pilots made a decision that would be fatal. The Captain was Jesse Rhodes and the First Officer was Peter Cesarz and were flying for Pinnacle Airlines. The plane they were flying was a Bombardier CRJ200‚ which is a twin-engine‚ 50 seat regional jet. The pilots had nobody on board so when they took off they immediately had their minds set on reaching 41‚000 feet to become
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Original Work please INTEGRATED CASE APPLICATION –PINNACLE MANUFACTURING: PART II 9-37 (Objectives 9-7‚ 9-8) In Part I of the case‚ you performed preliminary analytical procedures for Pinnacle (pp. 245–247). The purpose of Part II is to identify factors influencing risks and the relationship of risks to audit evidence. During the planning phase of the audit‚ you met with Pinnacle’s management team and performed other planning activities. You encounter the following situations that you believe
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statements: Pinnacle Manufacturing Company is a privately owned‚ however it relays on loans and has a substantial amount of debt. For that reason‚ the financial statements are extremely useful to investors. Pinnacle management is planning to sell their Machine – Tech division if profits don’t increase in the coming years. If Pinnacle sells‚ the financial statements will be extremely important for buyers. The financial statements will be of great importance to investors‚ in case Pinnacle decides
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Pinnacle Airlines Flight 3701 N8396A On October 14th 2004 Captain Jesse Rhodes and First Officer Peter Cesarz were transferring an empty CRJ 200 from Little Rock to Minneapolis. They ended up crashing 2.5 miles from the runway in Jefferson City‚ Missouri. Several Human Factors lead to the eventual crash and death of everyone on board. Flight 3701 Departed Little Rock at 2121. Four hundred and fifty feet above the ground they pulled 2 G’s which caused the stick shakers to activate. The pilots
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1 )Manufacturing is the act of making or producing goods by utilizing labor and machineries especially in a large -scale‚ which includes large division of labor. Finished goods produced after manufacturing are further divided into two groups’ producer goods and consumer goods. Producer goods are those supplied to another company for manufacturing other complex products and consumer goods are the finished products which are purchased by the customers directly for the general usage. Casting is a widely
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Some sales men made unrealistic delivery date to customers because they couldn’t access older sales order information. The engineering projects took too long to be transferred to Manufacturing because of lack of project management. Lastly‚ the manufacturing department still relied on too many manual labor steps in manufacturing process. (2) Implementation: The management decided to implement Microsoft ERP across the whole company to stream line their Supply Chain Processes so that the inventory control
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PINNACLE MANUFACTURING―PART V ACCT444 Group Project Part 5 S 15-35 a. (Debbie‚ Anhchi‚ and Rachel) Client: Pinnacle Manufacturing Audit Area: Tests of Controls and Substantive Test of Transactions―Acquisitions. Define the Objective(s): What is the objective? Define the population precisely (including stratification‚ if any): What is the population? Define the sampling unit‚ organization of population items‚ and random selection procedures: What is the sampling organization?
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Manufacturing Systems in the Modernization of Manufacturing Manufacturing system‚ to understand manufacturing system it is first essential to appreciate the context of manufacturing. Manufacturing is the organized activity devoted to the tranformation of raw materials into marketable goods (B.Wu‚ 1996). Manufacturing is the transformation of material into something useful and portable. In the sector of industry‚ manufacturing is called a secondary industry‚ because this is the sector of a nation’s
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1. External users’ reliance on financial statements External users rely heavily on the financial statement of Pinnacle Manufacturing. Although‚ Pinnacle manufacturing is a privately held company it incurs a large amount of debt. As a result potential users rely heavily on financial statements. Pinnacle is selling the machine tech division to focus on engine manufacturing‚ the company’s core operations. This causes buyers to also rely heavily on financial statements. In No. 6 the board chooses
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