Dollar General Case 1. Consider the $13.4 million of freight costs. What is the correct (GAAP) method of accounting for these? How did Dollar General in fact originally account for these costs? (Include in your answer a table of the effects on income in any years affected‚ both before and after tax‚ of the correct accounting and the accounting they originally used. The correct GAAP method to account for freight costs is as an expense of Cost of Goods Sold (COGS) that occur at the time
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Table of Content EXECUTIVE SUMMARY 2 1. Background 3 2. Dollar General diagnosis 4 a. Financial analysis 4 b. Strengths and weaknesses analysis 5 3. External Analysis 7 a. Competitors 7 b. Opportunities and threats analysis 8 4. Problem identification 10 REFERENCES 11 EXECUTIVE SUMMARY Dollar General is a retailing company‚ especially extreme value oriented. Since its establishment in 1955‚ Dollar General has drastically grown. In 10 years‚ from 1955 to 1965‚ the Company grew to 255
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might assume that Dollar General‚ the well-known extreme-value retailer‚ has an established competitive advantage versus other consumer goods retailers with respect to price. It would then follow that cost would be a defining characteristic of the company‚ and a cost analysis an appropriate analytical tool. However‚ the four distinct types of retailers within the dollar store retail segment (original dollar stores‚ close-out retailers‚ limited assortment grocers‚ and extreme-value retailers) all
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Weaknesses………………………………………………......9 Opportunities…………………………………………...….....9 Threats…………………………………………………..…....9 SWOT Matrix……………………………………...…….................... 9 Assessments……………………………………………………………...........10 Executive Summary Dollar General is the leading dollar store retailer in the United States with 2011sales revenues of $13 billion. It evolved since 1939 from a family (Turner) owned business to a publicly-traded company to a de-listed private investor-owned company in 2007. In 2008 Mr
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I choose to do my financial analysis on Dollar General. Dollar General is one of the largest discount retailer in the United States‚ they have over 12000 stores in over 40 states. Dollar General allow consumers to save time and money by offering quality items at an everyday low price. (Dollar General‚ 2016) Dollar General is one of many retailers who offer quality products made by American manufacturers. In 2009‚ Dollar General once again became a public traded company‚ before that they were
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2009 for Dollar General Corporation‚ which represent fiscal years ended January 28‚ 2011 and January 29‚ 2010 respectively. The main issues which the company is concerned about are its ability to increase sales and profitability and reduce costs in the current economic situation; another issue is an ability to repay an extensive amount of long-term debt which increases its risks. Analysis of profitability The rate of return on assets for Dollar General for 2010 was 6.8% thus for each dollar the company
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Course Project Final Dollar Tree and Dollar General Horizontal and Vertical Analysis Cynthia Bates Devry University Finance 382 Professor Bankston-Bradshaw April 19‚ 2013 Course Project Final Dollar Tree and Dollar General Vertical and Horizontal Analysis I. General information about companies II. Current events III. Relevant ratios IV. Spreadsheets V. Significant assets and liability items‚ comments on revenue and profitability VI. Relevant ratios and vertical
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between Dollar General Corp. and the Mississippi Band of Choctaw Indians. The Dollar General operates its business upon the land owned by the Tribe. Dollar General holds a lease and business license agreement with the Tribe. This agreement upholds Dollar General to consent to all manner of tribal laws and agreed to abide by those laws. The Tribe ran a “Youth Opportunity Program” which placed tribal members in short-term‚ unpaid positions with local businesses for educational purposes and Dollar General
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Project Proposal On “Emerging trends in retailing” Prepared by Mr. Atanu Maity Roll No : 000-0000000 XXXX XXXX University Table of Content INTRODUCTION: 3 OBJECTIVES: 5 HYPOTHESIS: 5 METHODOLOGY: 6 PRIMARY DATA: 6 SECONDARY DATA: 6 BIBLIOGRAPHY: 6 Emerging trends in retailing INTRODUCTION: The term "Retailing" refers to any activity that involves a sale to an individual customer.The essence of retail marketing is developing merchandise
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Luis Madariaga ACC-321 Dr. R. Hurley THE DISCOUNT AND VARIETY RETAILING INDUSTRY PART I - INTRODUCTION AND FINANCIAL ANALYSIS A. Industry & Company Profiles In this segment of the retail industry‚ companies offer members‚ who pay an annual fee‚ a limited selection of products and services. Facing competition from discounters‚ such as Target that do not charge a membership fee‚ firms in this industry are continuously expanding their offerings to include additional products and services
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