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Essay / Research Paper Abstract
This 9-page paper focuses on accounting systems and methods practiced by Chiquita Brands International. Bibliography lists 3 sources.
Page Count:
9 pages (~225 words per page)
File: AS43_MTchiqacct.doc
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Unformatted sample text from the term paper:
listed below. Citation styles constantly change, and these examples may not contain the most recent updates. CHIQUITA BRANDS ACCOUNTING Research Compiled for The
Paper Store, Inc. by 10/2010 Please In this
paper, the writer has been asked to select a company and outline its accounting systems and their abilities to change company problems. The company to be focused on is Chiquita
Brands International. Overview Mention the word Chiquita and the first thing that comes to mind would likely be banana. The second thing
that might come to mind, depending on the age of the person thinking about it, might be Carmen Miranda singing the Chiquita Banana song.
Its true that Chiquita Brands International, headquartered in Cincinnati, is well-known for its production of bananas; the company is, after all, one of the worlds largest banana producers
(Murray 2010). The company grows, markets and sells not only bananas but also fresh fruits and vegetables (such as grapes, apples and tomatoes) under the Chiquita and other brand names
(Murray 2010). Bananas accounted for 60% of the companys total 2009 sales (Murray 2010). Chiquita also sells pre-packaged salads under its Fresh Express brand. In recent years, Chiquita sold non-core
and underforming assets, such as its Ivory Coast unit and Atlanta AG, its German distribution business (Murray 2010). Four years ago, Chiquita launched
a multimillion-dollar effort to create a central budget planning and forecasting system, while deciding to consolidate its many financial accounting systems (Mitchell 2010; 15). This made sense - the company
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