Associated Biscuit Manufacturers Limited

Andrew M. McCosh and Michael J. Earl

Chapter 1 in Accounting Control and Financial Strategy, 1978, pp 1-17 from Palgrave Macmillan

Abstract: Abstract Associated Biscuit Manufacturers Limited (ABM) was the second largest biscuit company in the United Kingdom. In 1970 the consolidated sales of the company were £53.7 million, of which £32.8 million were produced by the manufacture and sale of biscuits from the company’s British factories, £19.1 million from overseas subsidiaries and the remaining £1.8 million were accounted for by a wholly-owned subsidiary engaged in light engineering, producing tins principally for the packaging of biscuits. Exhibit 1 and 2 present financial information about the company, taken from the 1970 annual report.

Keywords: Capital Budget; Trade Investment; Overseas Subsidiary; Ordinary Share; Loan Stock (search for similar items in EconPapers)
Date: 1978
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-15947-5_1

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DOI: 10.1007/978-1-349-15947-5_1

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