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Pepperidge Farm Incorporated is an American commercial bakery founded in 1937 by Margaret Rudkin, who named the brand after her family's 123-acre farm property in Fairfield, Connecticut, [1] which had been named for the pepperidge tree. A subsidiary of the Campbell Soup Company since 1961, it is based in Norwalk, Connecticut.
The Pepperidge Farm brand was bought by Campbell for $28.2 million worth of Campbell's stock in 1961. She then gained the title of first woman on the board of Campbell. [8] [10] Rudkin is still considered to be a leader in many industries and her legacy lives on through Pepperidge Farm.
The cost breakdown analysis is even more effective when repeated constantly, so that changes in the respective shares in total costs of the various cost drivers can be tracked down. Over a five-year period, the share of expenses for tires might have risen from 5% to 8%, accompanied by a decrease of expenses for personnel from 35% to 32%, which ...
Troutt became a billionaire in 1998 when Excel was sold to Teleglobe for $3.5 billion. As of 2025, his net worth was estimated at USD$1.7B. [2] Today, Troutt is the sole owner of WinStar Farm, [3] an elite 2,600 acre thoroughbred horse farm in Versailles, Kentucky. [1] He is also the Chairman of Mt. Vernon Investments in Dallas, TX. [4]
An Annual Comprehensive Financial Report (ACFR), formerly called a Comprehensive Annual Financial Report (CAFR)) [1] is a set of U.S. government financial statements comprising the financial report of a state, municipal or other governmental entity that complies with the accounting requirements promulgated by the Governmental Accounting Standards Board (GASB).
Variance analysis, in budgeting or management accounting in general, is a tool of budgetary control and performance evaluation, assessing any variances between the budgeted, planned, or standard amount, and the actual amount realized. Variance analysis can be carried out for both costs and revenues.
Management discussion and analysis or MD&A is an integrated part of a company's annual financial statements. The purpose of the MD&A is to provide a narrative explanation, through the eyes of management, of how an entity has performed in the past, its financial condition, and its future prospects.
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