John Knotwell ACCT 6350 10/10/2014 Case Hilton Manufacturing 1) If the company had dropped product 103 as of January 1‚ 2004‚ what effect would that action have had on the $158‚000 profit for the first six months of 2004? The impact on the profit would have been to decrease the profit by about $2.5M. This would mean that this would now trend to an unprofitable move. It was wise NOT to divest the product in the first half. 2) In January 2005‚ should the company reduce the price of product 101 from $9
Premium Expense Depreciation
3. Why did Superior improve profitability during the period January 1 to June 30‚ 2005? How useful was the data in Exhibit 4 for the purpose of this analysis? As we know from the case‚ the Superior is implementing the standard cost system which was introduced in early 2005---“Next year’s standard costs were last year’s actual per unit costs adjusted for anticipated cost changes”. By looking at Exhibit 2 and Exhibit 4‚ we could compare the level of all the costs under the items. The applicable
Premium Cost accounting Cost
Nuredin Abdulahi Course: MGMT 499 Case Study: Netflix Netflix’s Case 1. What is Netflix’s strategy? How did it change over time? Netflix had a multipronged strategy to build an ever growing subscriber base strategy. The first strategy is providing a comprehensive selection of DVDs for their subscribers. For example‚ due to its diverse selection of DVD titles‚ its library of offerings had grown from some 55‚000 titles in 2005 to about 120‚000 titles in 2012. (C-140) The second strategy is building
Premium Streaming media Internet Income statement
Introduction • Case: SkyWest‚ Inc. and the Regional Airline Industry in 2009 • SkyWest INC is a regional airline that operates on contracts with other major airlines connecting smaller hubs to the main location. This relationship with the major airlines has given SkyWest a great advantage to become a profitable company. Sky west has excelled and has been awarded "Regional Airline Company of the Year”‚ and “Number One on Time Airline”. This has help SkyWest acquire more contracts and now they have
Premium Airline Low-cost carrier Southwest Airlines
Rana Ahmed 900100959 MGMT 480 Dr. Mohamed Hatem 1st of March Case 1 Wave Riders Financial Ratios Needed to Analyze the Case: 1. Quick Ratio: (Current assets- Inventory)/Current Liabilities a) 1990: (1300-900)/483= 0.83 b) 1991: (1330-870)/512= 0.90 c) 1992: (1480-980)/595= 0.84 d) 1993: (1585-985)/680= 0.88 e) 1994: (1792-1242)/723= 0.76 2.Current Ratio: (Current Assets/Current Liabilities) a) 1990: 1300/483= 2.69 b) 1991: 1330/512= 2.59 c) 1992: 1480/595= 2.48 d) 1993: 1585/680= 2.33 e)
Premium Inventory Asset Financial ratios
company grew and matured. COMPANY HISTORY AND STRATEGY CSI was founded in Santa Barbara‚ California in 1996 by Steve Golden and Bill Anderson. Steve‚ who had a Ph.D. in Material Sciences‚ developed a new coating formulation and proprietary manufacturing processes that produced CSI converters with better performance and substantially lower prices than competing products. CSI converters are used to reduce the pollution caused by the combustion engines. Bill‚ formerly the CEO of a publicly held company
Premium Automotive industry Public company Privately held company
Everyone writes for different reasons. Writing allows us to tell a story through our own perspective. It allows us to pour all our thoughts and emotions into something that we otherwise might not speak about. Writing can spark ideas and memories we have and draw them out to be put into words on paper. It exercises our mind and our way of thinking. When you write you say what you mean. Some people use writing as an outlet‚ a way to express themselves or relieve stress and anxiety. It can be used for
Premium Psychology Elie Wiesel Thought
Issues faced by Jet Blue 1 A. Some of the significant issues Jet Blue faced on February 14‚ 2007 were due to an unexpected ice storm that grounded over 39% of the scheduled flights over a course of three days. Because Jet Blue’s services are intangible‚ it was hard for the company to make up for the flight cancellations. Also‚ the services that Jet Blue offers such as flights are perishable. Therefore‚ all profits from cancelled flights were lost. Another issue faced by Jet Blue was the communication
Premium Customer service Customer Storm
tasked with classifying and calculating manufacturing costs for Finlon Upholstery using the job-order costing system using the following information: Finlon Upholstery Inc. uses a job-order costing system to accumulate manufacturing costs. The company ’s work-in-process on December 31‚ 2001‚ consisted of one job (no. 2077)‚ which was carried on the year-end balance sheet at $156‚800. There was no finished-goods inventory on this date. Finlon applies manufacturing overhead to production on the basis
Premium Costs Cost Mathematics
II Business Systems I/BSA 500 November 19‚ 2012 LiseHautzinger Riordan Manufacturing Accounting Systems‚ Part II Comprehensive accounting systems and practices assist companies in monitoring cash flow expenses and investments as well as identify new sources of income. Riordan Manufacturing’s current accounting system lacks consistency across multiple locations and basic accounting modules. Each location has a closed system and dos not incorporate other department systems
Premium Accounting software Accounts receivable Application software