CHAPTER 2 CASH FLOWS AND FINANCIAL STATEMENTS AT SUNSET BOARDS Below are the financial statements that you are asked to prepare. 1. The income statement for each year will look like this: Income Statement 2008 2009 Sales $190‚119 $231‚840 Cost of goods sold 96‚952 122‚418 Selling & administrative 19‚067 24‚886 Depreciation 27‚370 30‚936 EBIT $46‚730 $53‚600 Interest 5‚950 6‚820 EBT $40‚780 $46‚780 Taxes (20%) 8‚156 9‚356 Net income $32‚624 $37‚424 Dividends
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Economic profits ---------------------------------------- $ 90‚000.00 Week 1 Chapter 1: The Fundamentals of Managerial Economics For this week read Chapter 1 and the Headline: Amcott Loses $3.5 Million: Manager Fired. Answer the following questions: Question 1. Page 27 Southwest Airlines begins a “bags Fly Free” campaign‚ charging no fees for a first and second checked bag. Does this situation best represent a) Producer-producer rivalry? b)
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Case 08-01: Go With the Flow‚ Inc. 1. Insurance Settlement Proceeds: involuntary conversion Investing cash inflow ASC 230-10-45-16 As stated in ASC 230-10-45-12‚ “All of the following are cash inflows from investing activities: a. Receipts from collections or sales of loans made by the entity and of other entities’ debt instruments (other than cash equivalents and certain debt instruments that are acquired specifically for resale as discussed in paragraph 230-10-45-21) that were purchased
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Application Exercise # 1 (Common to session1 to 5) (50 marks) A. Draw a flow chart of any one function/process in your organization. (Marketing‚ Operations‚ Finance‚ Accounting‚ Human Resources and Information Systems) Use special symbols to draw the flow process chart for the above question Analyze the flow chart drawn above using the basic question. (How‚ What‚ When‚ Where & Who) Suggest improvements for increasing the efficiency or effectiveness of the above chosen function.
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It is very important to exercise. Exercise is important because it can keep you in shape and will improve your health for the better. Many studies have shown that regular activities and exercise can improve overall health substantially. Exercise reduces the risk of heart disease‚ stroke‚ certain cancers‚ and high blood pressure. Exercise can also help you to maintain healthy bones‚ muscles‚ and joints. Along with physical activity comes weight loss. Weight loss can improve the mental well-being and
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which was published in 1962‚ was undoubtedly a critical turning point in history which prompted attention to environmental issues. Some say that Carson’s book was a “marker for the beginning of the modern American environmental movement” (Geary). Carson was a revolutionary and had an astounding influential power. Silent Spring highlighted many of the damages done to the environment by the use of pesticides (Kelly). This of course‚ attracted many scientists to begin researching the issue but had other
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Methodology & Decision Analysis for Business (RMDAB) Assignment 2 Literature Review TOPIC: MUTUAL INVESTMENT FUNDS IN INDIA Student Name: Sangawar Pratik Shankar Batch: MFBD51217A FIN: G1190040U Table of Contents: 1. Background…………………………………………………………Pg.3 2. Literature Review on Mutual Investment Funds…………………....Pg.7 3. Conclusion…………………………………………………………Pg.21 4. References…………………………………………………………Pg.23 Background
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workers to create chaos amongst the wealthy factory owner’s‚ The Carsons. John Barton calls a meeting amongst the workers to attempt to stop the ever increasing gap between the workers and the Carsons. John describes the hardships of all the workers who have come together in secrecy for many reasons. They will soon draw names to do what they deem is the only way to stop the Carsons empire‚ which in hindsight is by murdering Henry Carson. This specific passage may not be important to the plot as a the
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FLOW CHART A flowchart is a type of diagram that represents an algorithm or process‚ showing the steps as boxes of various kinds‚ and their order by connecting them with arrows. This diagrammatic representation illustrates a solution to a given problem. Process operations are represented in these boxes‚ and arrows; rather‚ they are implied by the sequencing of operations. Flowcharts are used in analyzing‚ designing‚ documenting or managing a process or program in various fields. Symbol | Name
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If exercise maintains our health‚ do you maintain exercise? Some people may spend their little time or get up early to do exercise. But some people may think that it is not necessarily for them. The main point is that can exercise really advance for our healthy body? The answer is yes. And I don’t agree exercise can be detrimental to health. Exercise is the best way to regulate our weight. We burn our calories thought doing exercise‚ specially doing the aerobic exercise‚ which burning calories
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