Week 2 I)Frontier Park was started on April 1 by C.J Mendez and associates. The following selected events and transactions occurred during April. April 1 Stockholders invested $40‚000 cash in the business in exchange for common stock. 4 Purchased land costing $30‚000 for cash. 8 Incurred advertising expense of $1‚800 on account. 11 Paid salaries to employee $1‚500. 12 Hired park manager at a salary of $4‚000 per month‚ effective May 1. 13 Paid
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2.0 Ratio analysis The next will introduce the Mulberry’s and its competitor—Burberry’s financial ratios from their financial statements from 2010-2012. 2.1 Profitability analysis 2.1.1 Net profit margin Table 2.1 Mulberry and Burberry’s net profit margin Net profit margin | 2010 | 2011 | 2012 | Mulberry | 4.12% | 14.03% | 15.02% | Burberry | 6.42% | 13.74% | 14.27% | Data source: Mulberry’s and Burberry’s 2010-2012 annual reports From Table 2.1 it can find that Mulberry’s net profit
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1. a) Net Income = 135‚750$ b) OCF = 155‚000$ 2. a) Equity Value = Net fixed assets – long-term liabilities 2006: $3600 2007: $3240 b) Net working capital = (current asset– current liabilities year 1) Change = (CA-CL of years 1) – (CA-CL of year 2) = 972-727 = 245 3. Common Size Income Statement: Sales/Revenue = 100% Cost of Goods Sold = 65.3% Depreciation = 13% Earnings before interest and taxes = 21.64% Interest Paid = 16.32% Taxable income = 53.25% Taxes (34%) = 1.8%
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Name: Final Summer 2013 Ex. 198 Use the following information to perform the calculations below (using the indirect method). Clearly label the amount of each answer as positive or negative and show all your calculations. Net income $369‚000 Beginning accounts payable $119‚000 Depreciation expense 97‚000 Ending accounts payable 146‚000 Beginning accounts receivable 420‚000 Purchase of long-term assets 612‚000 Ending accounts receivable 439‚000 Issuance
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Handout Problem (For the second assignment) You just turned 35 years old and you are looking to save for retirement. You are planning on making yearly deposits starting next year for the next 30 years (a total of 30 annual deposits with the first deposit occurring on your 36th birthday and the last deposit on your 65th birthday). One year after you make your last deposit‚ you will begin making withdrawals to fund your living expenses. Since your current yearly expenses are $45‚000‚ you expect
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Learning Task Number Four The Henry Furniture Co. is a new company and has numerous fixed assets that need to be depreciated. You can help Henry by determining the depreciation rates for the assets and the amount of depreciation for year one. The assets were purchased at various times during the year (hint: watch out for the dates). The following assets will be held by the company for at least the next two years (In other words‚ year two will be a full year for all of the assets). Please fill
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TMA01 Part 1 Summarise two theories of identity and compare their usefulness for explaining the real--world issues discussed in chapter 1‚ ‘Identities and diversities’. This essay will look at two theories of identity: psychosocial; tending to focus on the individual and Tajfel’s social identity theory; focusing on the effect of groups. Although different‚ both theories seem to link quite well for explaining real-world issues; in particular disability‚ which is mentioned throughout chapter one
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Maria Callas as Violetta in La traviata‚ 1958 Maria Callas‚ Commendatore OMRI[1] (Greek: Μαρία Κάλλας; December 2‚ 1923 – September 16‚ 1977)‚ was an American-born Greek soprano and one of the most renowned and influential opera singers of the 20th century. Critics praised her bel canto technique‚ wide-ranging voice and dramatic gifts. Her repertoire ranged from classical opera seria to the bel canto operas of Donizetti‚ Bellini and Rossini; further‚ to the works of Verdi and Puccini; and‚ in her
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TMA 01 Question 1. A: I read through the piece thoroughly first‚ the second time I read and scan key points and write them in the margins of the book. My next step is to write a few blocks using the notes previously mentioned on an A4. I have folders headed with block numbers on them in which I place the notes from each section for review later. B: Online Reputation – source- Lifehacker.com What is online rep? * The way you are portrayed online by others from web searches i.e. Google
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B120 TMA01 Part 1 Dear Patricia Lodge‚ In this report‚ as requested‚ I hope to help you understand the current situation‚ of the Lodge Bistro Chain. I believe the issues affecting the business are: staffing problems‚ growing competition‚ inconsistency in the approach of management‚ attracting lower spending customers‚ disagreement between managers and company standards lowering. Part (a) The staffing issue‚ more specifically the high staff turnover‚ is affecting the expenditure of the company
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