Financial Analysis Task 5 Part B-Report to CEO B1. Custom Snowboards sales history has been steadily increasing per the table below. CSI has had small growth in sales with an equal increase in COGS. The COGS is relative to the increase in the net sales‚ however‚ CSI should look further into ways they can decrease their COGS line item in order to see more profit growth from year to year. We can see on the Horizontal Analysis below that net sales‚ COGS and Profit all had the same increases from years
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Inc. Managing Capital & Financial Assets 05/10/2014 WGU JET2 Financial Analysis Task 5‚ Part II - PASSED To: Chief Executive Officer (CEO) of Custom Snowboards Inc. Subject: Report of historical data and recommendation on how to proceed with expansion plans to Europe. European Expansion Historical Analysis To make a decision about expansion to Europe‚ we must first analyze past performance as an indicator about future performance. A historical analysis was completed on the company’s
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Custom Snowboards Inc. Managing Capital & Financial Assets 04/19/2014 WGU JET2 Financial Analysis Task 5‚ Part I - PASSED To: Vice President for Chief Financial Officer (CFO) The following is a summary report is an analysis of the current financial statements of Custom Snowboards Inc. The company wishes to be considered for an extended long term loan for a European expansion. We have arrived at a selection of key financial statement line items‚ conducted a risk assessment‚ and ratios
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Competition Bike Operational Strengths and Weaknesses based on Horizontal Analysis It is important to have a working definition of the term horizontal analysis. The free dictionary defines horizontal analysis as “the process of dividing each expense item of a given year by the same expense item in the base year. It allows assessment of changes in the relative importance of expense items over time and the behavior of expense items as sales change”. The company had an outstanding performance in
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The purpose of this analysis is to determine whether or not the approval of sports betting would help Central increase gambling revenue. I will conduct this analysis by building a Decision Support (DSS) model that forecasts the proposed sports betting program’s financial situation for the next 10 years. This model will be used to provide proper reasoning for the approval or disapproval of the sports betting proposal; also I will use this model to support and explain my recommendation on the matter
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A1. Budgetary items that raise concern in the budget planning Competition Bikes has over budgeted/predicted for 3510 bikes to sell when only about 3400 sold with 4000 sold the year before. Since many of the sponsors have pulled funding from riders and the riders are the actual business and revenue they will have a tough time selling the merchandise they have predicted. The economic hardship will make this budget too high. They will need to lower the expected sales so they do not have a surplus
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JFT2 Task 1 Western Governors University JFT2 Task 1 A. Analysis The economic downturn across the United States caused a decrease in funding to performing arts. Thus a proposal to merge the Utah Symphony and Utah Opera companies was made. There have been very few mergers of this type in history. In 1963 the Madison Symphony Orchestra and Madison Opera merged. Also‚ in 1985‚ the Chattanooga Opera and Chattanooga Symphony combined. These entities remained combined for a period of time‚ but
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Decision Analysis JGT Task 1 Melissa Brooks Western Governors University November 16‚ 2014 A Workflow Crown shoes were founded in 1965‚ and then changed its name to Shuzworld in 1995. It is an established company with stores in 50 stores nationwide. It controls three shoe manufacturing plants in China where they produce their own specialty shoe lines. Shuzworld is experiencing operational challenges in their production factory in Shanghai China. It is important to the success of the China
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Decision Analysis Task 1- Tara Johnson A. In order to improve the current workflow in the plant‚ I recommend using the work stations layout tool whether through the Excel or POM program. This will help to show a clearer picture of the work flow that is present at Shuzworld‚ with allotting equal times in each work station. This will enable the company to find the shortest time to be used in each station for optimal performance and production of all shoes. Decision Analysis has been established to
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TASK TWO Task Two 1 A1. Concerns in Budget Planning: Budgetary Items. Depreciation: Depreciation is “the method that the accountants use to allocate the cost of equipment and other assets to the total cost of products and services as shown on the income statement” (Berman‚ Knight‚ & Case‚ 2013). Depreciation is said to be based on the same fundamentals as accruals in that a company “wants to match as closely as possible the costs of products and services with what was sold” (Berman et al.‚
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