Income Statement 1/1/2008 - 12/31/2008 | Revenue | | | $3‚249‚580.53 | | Direct Expenses | | | | Salaries & Wages | $487‚437.08 | | | Vehicle Maintenance | $64‚991.61 | | | Fuel | $20‚449.80 | | | Traps & Chemicals | $1‚378‚203.63 | | | | $1‚951‚082.12 | $1‚951‚082.12 | | | Indirect Expenses | | | | Rent | $39‚338.17 | | | Licenses | $2‚480.00 | | | Insurance | $103‚613.43 | | | Administrative Salaries |
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Berry’s Bug Blaster Due to the recent success of Berry’s Bug Blasters the owner is seeking to expand operations and has three options in which to fund this expansion. The first option is to take the company public by offering shares of the company in the form of an initial public offering (IPO). The owner can also seek to purchase the struggling competitor. The final option is to merge the business with another pest control company. The owner of the company must weigh each option because each
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Strengths of IPO Going public through an Initial Public Offering‚ or IPO‚ could be a great way for Berry’s Bug Blasters to raise a substantial amount of cash very quickly. This infusion of cash‚ if managed properly‚ could help their company expand into other geographic regions or expand their service offerings. They could use this cash‚ which they would otherwise not have‚ to purchase the necessary equipment to improve their pest treatment services. For example‚ by investing in “greener” pest
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References: www.irs.gov/publications/p334/ch02.html‚ Kimmel‚ P. D.‚ Weygandt‚ J. J.‚ & Kieso‚ D. E. (2011). Financial accounting: Tools for business decision making (5th ed.). Hoboken‚ NJ: John Wiley & Sons‚
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Running Head: BERRY’S BUG BLASTERS Berry’s Bug Blasters FIN 370 January 18‚ 2010 Berry’s Bug Blasters Berry’s Bug Blasters is a privately held pest control company that has been in business since at least 2005. They offer customers one time treatment and monthly service plans‚ as well as chemicals to allow customers to complete some treatment on their own to eradicate a variety of pests‚ including: roaches‚ termites‚ ants‚ scorpions‚ rodents‚ armadillos‚ snakes‚ bed bugs‚ silverfish and bees
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Tendulkar - THE LITTLE MASTER BLASTER INTRODUCTION Sachin Ramesh Tendulkar (born on 24 April 1973) is an Indian cricketer widely regarded as one of the greatest batsmen in the history of cricket. He is the leading run-scorer and century maker in Test and one-day international cricket. He is the only male player to score a double century in the history of ODI cricket. In 2002‚ just 12 years into his career‚ Wisden ranked him the second greatest Test batsman of all time‚ behind Donald Bradman
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Analysis "The Gold-Bug" includes a cipher that uses polyphonic substitution. Though he did not invent "secret writing" or cryptography‚ Poe certainly popularized it during his time. To most people in the 19th century‚ cryptography was mysterious and those able to break the codes were considered gifted with nearly supernatural ability. Poe had drawn attention to it as a novelty over four months in the Philadelphia publication Alexander’s Weekly Messenger in 1840. He had asked readers to submit their
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In “Bugs in the Brain”‚ Robert Sapolsky makes the claim that more research is needed in order to gain a greater understanding of how the brain works and more importantly‚ to gain a greater understanding of how certain microorganisms change animals’ behaviors for their own benefits‚ such as reproduction and/or spreading to new hosts. He supports this claim mostly through the use of examples of these types of microorganisms. For example‚ he mentions mites that belong to the genus Anthennophorus‚ which
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Business Failure Analysis LDR 531/Organizational Leadership Business Failure Analysis Businesses are created with the intention to be successful‚ achieve goals‚ and create profits. The continuity of business success depends on the capability to forecast changes on markets and economies‚ and create a plan to adapt to change‚ if management failure to forecast changes‚ the business welfare will be unstable. Blockbuster was a leader on the movies rental business‚ and failure to reinvent as company‚ leading
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