The following data relate to the operations of Proctor Corporation, a wholesale distributor of consumer goods:…
In order for a company to be financially healthy, it is of most importance that the company must analyze, interpret, and review the business’s annual financial reports. The financial analyses of the annual reports provide insights and information regarding the performances of the business. In this paper, I will be disclosing financial evaluations and comparisons between Coca-Coca and PepsiCo Incorporation. The visualizations used in this paper were designed to provide the analyses performed utilizing three financial analyses methods: vertical analysis, horizontal analysis, and ratios analysis. There will also be recommendations made on how Coke and Pepsi could improve their financial status.…
2. All three warehouse club rivals have some similarities and some differences. They all maintained the goal of selling top-quality merchandise at low prices. They have a few differences when it comes to pricing, merchandising, advertising and growth. Costco stands out because their markups and prices were only fractionally above the level needed to cover expenses and operating costs. They also use a treasure hunt method for merchandising that is unique to them. Much money is not spent of advertising for Costco or Sams like for BJ’s, and their growth strategy is to build more warehouses and build membership base. Costco appears to have the best strategy, it just seems to be more thought out and planned. BJ’s has the weaker strategy, if you base it off of numbers. If they did not have such successful competitors then their strategy could work well.…
3.Williams, J.R., Haka, S.F., & Bettner, M.S. (2005). Financial and managerial accounting: The basis for business decisions (13th ed.). New York, NY:…
Atkinson, A. A., Kaplan, R. S., Matsumura, E., Young, S. M., 2012. Management accounting: Information for decision making and strategy execution. 6th ed. Upper Saddle River: New Jersey Pearson Education.…
We need financial and managerial accounting in order to determine exactly how a business is doing from a financial standpoint. Without financial and managerial accounting, an organization would not be able to determine whether it is making revenue or not. These tools make it possible for an organization to identify exactly how it is functioning. There are fundamental differences between financial and managerial accounting. Financial accounting delivers information that is used mainly by stockholders, creditors, and others externally. In comparison, managerial accounting concentrates on information that is used by managers, and staff members who work inside of the organization. A.J. Filipovitch (2004) explains, “There are two types of accounting—financial accounting (provides information to outside parties and is subject to outside audit) & managerial accounting (provides information to an organization’s managers and is normally not shared outside the organization)”. They are equally important in order for an organization to operate successfully.…
Numerous amounts of information can be found in an Annual Financial Report. Team A is again utilizing Wal-Mart’s Annual Financial Report to answer the questions for the week five assignment. The questions for week five dig a little deeper into the financial report than the questions for week four. We will analyze the annual financial report and realize the information it has to offer. This paper will address the following subjects-- assets listed in proper order, how the assets are classified, what the cash equivalents are, and the company’s total current liabilities at certain periods. Team A will answer these questions in summary form below and by analyzing the financial report will make us better understand the concepts of reading financial reports. It will also make us more knowledgeable in this area of accounting, being able to read and decipher the financial statements, so that we may apply this knowledge for possible future investment endeavors.…
6/18/2015 COSTCO WHOLESALE IN 2012 : MISSION, BUSINESS MODEL, AND STRATEGY Group B10 – (b) MBA/14/3633 – W.A.D. Udaya Kumara MBA/14/3567 – H.A.D.S. Perera MBA/14/3486 ‐ Kesharika Goonawardena MBA/14/3444 ‐ Darshani R.K.N.D Question 1 : How well is Costco performing from a financial perspective ? Illustrate your answer by using key financial ratios. Financial Ratio Groups Profitability Ratios Liquidity Ratios Leverage Ratios Investor Ratios 1 6/18/2015 Profitability Ratios Costco Growth Strategy : To achieve 5% sales growth Source : Authors Source : Authors Costco has maintained a higher revenue growth compared to itscompetitors .…
By using financial statement, we calculated different financial ratios for liquidity, debt ratios and other significant in order to see the performance of Costco more clearly. We also performed DuPont analysis and identified return on asset and return on equity to get more details regarding the performance of Costco.…
I agree with your statement that dollar general prices are much cheaper than Costco and they also carry some name brand product, but the quality that Costco produces increase their revenues and customers. Costco stock continues to raise generating billions in annual sales.…
What makes a large organization like Wal-Mart financially successful? One could say it is the result of outstanding personnel or perhaps a strong determination to succeed. These factors certainly contribute. However the key to financial success in organizations lies in good accounting. Since early civilization began, accounting has been an important part of our financial transactions. In today’s world our use of modern accounting systems and accurate financial statements are critical components that make modern organizations successful. To facilitate understanding of this point one must understand how modern accounting systems have changed organizations, why accurate accounting is important, and how both factors contribute to organizational success.…
This course provides an introduction to the basic principles and techniques of managerial accounting, where the major intent is to provide information to internal decision-makers to maximize an organization’s operating efficiency and profitability. The course includes an introduction to alternative costing and reporting systems for service and manufacturing organizations, budgeting, variance analyses, performance evaluation, total quality management, and transfer pricing, plus analytical techniques including cost-volume-profit analysis and relevant costing and benefits.…
The purpose of my presentation is to compare Costco to Sam's Club, and compare statistics that indicate that as a potential employee, it is better to work at Costco, and not at Sam's Club.…
Pre-requisite Courses and Assumed Knowledge and Capabilities None Course Description Accounting for Management Decisions provides postgraduate, non-accounting students with an understanding of the role of accounting as a system of information gathering and reporting that plays an important role in business decision-making. This course is specifically designed for students with little or no prior knowledge in accounting. Objectives/Learning Outcomes/Capability Development The major learning outcomes for this course is that you should have enhanced your understanding of and developed your ability to use financial, non financial and management accounting concepts and terminology in business decision-making. Successful completion of this course means that you are expected to be able to: Use accounting in business decision-making Explain the 3 financial reports Apply major types of financial ratio analysis Use major techniques of Financial & Management accounting Understand contemporary management accounting systems…
M&S’s financial statements represent stability within the company. Revenue increase was a highlight within the key performances, which included a substantial rise in its food business. However the segment information also shows that were less efficient in controlling their product costs (cost of sales).…