had the objective to find hidden profits and losses contained in their current accounting system. The old system did not fully disclose how their costs were applied to the sales accounts. The goals are very sensible as they will allow them to move forward with the proper information. 2. Why did Ridderstråle feel that the previous cost system was inadequate for the new strategy? The new strategy/system was needed “to promote high-margin products to high-profit customers.” The old system didn’t
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70‚000 units 80‚000 units 90‚000 units Sales $1‚400‚000 $1‚600‚000 $1‚800‚000 Cost of goods sold 840‚000 960‚000 1‚080‚000 Gross profit on sales $560‚000 $640‚000 $720‚000 Operating expenses ($90‚000 fixed) 370‚000 410‚000 450‚000 Operating income $190‚000 $230‚000 $270‚000 Income taxes (30% of operating income) 57‚000 69‚000 81‚000 Net income $133‚000 $161‚000 $189‚000 Assume that the cost of goods sold and variable operating expenses vary directly with sales and the income taxes remain
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971584 Introduction to Formula SAE® Suspension and Frame Design Edmund F. Gaffney III and Anthony R. Salinas University of Missouri - Rolla ABSTRACT This paper is an introduction to Formula SAE® (FSAE) suspension and frame design based on the experience of the design team at UM-Rolla. The basic theories and methodologies for designing these systems are presented so that new teams will have a baseline for their first FSAE design. Examples will be given based on UM-Rolla’s 1996 FSAE entry.
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competitors.(1) Debt to total assets ratio.(2) Times interest earned.(3) Cash debt coverage ratio.(4) Free cash flow.(c) Compute the following profitability ratios for the two companies and comment on the relative profitability of the two competitors.(1) Profit margin.(2) Asset turnover.(3) Return on assets.(4) Return on common stockholders’ equity. (a) Liquidity Ratios Coca-Cola PepsiCo (1) Current ratio .92:1 ($12‚105 ÷
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90 Average load factor (percentage of seats filled) 70% Average full passenger fare $ 160 Average variable cost per passenger $ 70 Fixed operating cost per month $3‚150‚000 a. What is the break-even point in passengers and revenues per month? b. What is the break-even point in number of passenger train
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In the book “Not For Profit” Martha C. Nussbaum discusses how she believes the humanities is needed in modern day democracy and the important role it plays when producing informed citizens that are able to think critically. Her whole book points to the humanities as being the key to a successful democracy and should be taken into account when comparing different nation’s form of democracy. One would need to read the whole book in its entirety to fully understand her argument for the role of humanities
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The Euler’s Formula Euler’s formula and Identity: eix = cos(x) + i(sin(x)) The world of math today is one with endless possibilities. It expands into many different and interesting topics‚ often being incorporated into our everyday lives. Today‚ I will talk about one of these topics; the most mind-blowing and fascinating formula invented‚ called the “Euler’s formula”. This formula was created and introduced by mathematician Leonhard Euler. In essence‚ the formula establishes the deep relationship
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COSTS AND COSTING 6 6.3 PROFIT AND LOSS AND BALANCE SHEETS . Simple Financial Calculations . Analysing Performance - The Balance Sheet . Analysing Performance . Analysing Financial Performance . Profit And Loss Forecast . Profit And Loss Calculations . The Balance Sheet Exercise P 213 . Your books tell you what’s happened in the past. . Your cash flow forecast is about what may happen in the future. . What about now? How are we doing right now? For every single bit of goods or services you supply
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21. What is the total number of atoms of oxygen in the formula Al(ClO3)3.6H2O? - 15 22. Write the correct formulas for the following binary ionic compounds. Compounds | Formulas | Lithium fluoride | LiF | Calcium oxide | CaO | Aluminum nitride | AlN | Beryllium Chloride | BeCl2 | Potassium iodide | KI | Aluminum oxide | Al2O3 | 23. Write the correct formulas for the following binary molecular compounds. Compounds | Formulas | Carbon monoxide | CO | Boron tribromide | BBr3 |
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STANDARD COSTING (VARIANCES) 1.1 Material costs variance = (Standard quantity x Standard Price) – (Actual quantity x Actual price) MCV = (SQ × SP) – (AQ × AP) 1.2 Material price variance = Actual quantity × (Standard price – Actual price) MPV = AQ × (SP – AP) 1.3 Material usage variance = Standard price (Standard quantity – Actual quantity) MUV = SP × (SQ –AQ) 1.4 Material cost variance = Material usage variance + Material price variance MCV = MUV + MPV 1. Material Variance Material usage
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