Analyze company cash flows East Coast Yachts has a strong operating cash flow highlighted by strong earnings before interest and taxes of $88‚416‚000. With the addition of $20‚160‚000 in depreciation and subtraction of $30‚921‚000 in taxes‚ they managed an operating cash flow of $77‚654‚400. East Coast Yachts appears to be in or approaching a growth mode with their capital spending on fixed assets increasing by $60‚000‚000 during the fiscal year. However‚ they made the wise move of reducing
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Jacob Armstrong Assignment 1-6 Worksheet 1. Read the closing case “Ratios and Financial Planning at East Coast Yachts” in chapter 3 of your textbook. 2. Based on the information provided‚ answer the questions below: Part I: A. Calculate the following ratios for East Coast Yachts and compare them to those for the industry: Liquidity or Short-Term Solvency Ratios Calculate and compare to industry ratios: East Coast Yachts Lower Quartile Median Upper Quartile Positive‚ Negative
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Mini Case : Ratios And Financial Planning At East Coast Yachts 1. Calculate all of the ratios listed in the industry table for East Cost Yachts. Ratios Calculation 2009 a) Current Ratio 0.75 b) Quick Ratio 0.44 c) Total Asset Turnover 1.54 d) Inventory Turnover 19.22 e) Receivables Turnover 30.57 f) Debt Ratio 0.49 g) Debt to Equity Ratio
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EAST COAST YACHTS 1. The calculations for the ratios listed are: Current ratio = $11‚270‚000 / $15‚030‚000 Current ratio = 0.75 times Quick ratio = ($11‚270‚000 – 4‚720‚000) / $15‚030‚000 Quick ratio = 0.44 times Total asset turnover = $128‚700‚000 / $83‚550‚000 Total asset turnover = 1.54 times Inventory turnover = $90‚070‚000 / $4‚720‚000 Inventory turnover = 19.22 times Receivables turnover = $128‚700‚000 / $4‚210‚000 Receivables
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Compared to the original form of Hip-Hop it became well known and recognised for the positive some-times being afro centric and realistic lyrics that often had some depth of meaning into what was currently going on in the “people’s lives”. East Coast Hip-Hop combined various genres of music and sounds one of the largest example’s being Jamaican dancehall toasting where DJ’s played the rhythm and artist such as Sister Nancy‚ Yellow Man and Dennis Alcapone blessed the music with their voice making
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Larisa Warren‚ the owner of East Coast Yachts‚ has decided to expand her operations. She asked her newly hired financial analyst‚ Dan Ervin‚ to enlist an underwriter to help sell $30 million in new 20-year bonds to finance new construction. Dan has entered into discussions with Robin Perry‚ an underwriter from the firm of Crowe & Mallard‚ about which bond features East Coast Yachts should consider and also what coupon rate the issue will likely have. Although Dan is aware of bond features‚ he
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1 Introduction Starbucks goes Middle East Since there has been a worldwide trend for coffeehouses in recent times‚ this assignment will focus on Starbucks and examine its approach to enter international markets. The main focus will be on the market entering strategy in Middle East. For this reason Turkey will be examined in the ways of how the international human resources management principles of Starbucks are influenced by entering this market. 2 Company Image Starbucks is one of the
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Task 1: Observe your community I live in Pointe d’esny‚ Mahebourg‚ a small town on the south east coast of Mauritius. Most days I go into Mahebourg and people are always chatting to one another‚ bike riding between shops and houses ‚ walking with dogs‚ fishing in the sea or just relaxing under a tree alongside the road. Every afternoon there are school children walking home or playing in the streets‚ laughing and having fun. Many of the men are fishing or coming home after a long day of fishing
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Outback Goes International Executive Summary As a conglomerate‚ Outback must be able to overcome the complexity of expanding into international markets. The company’s commitment to continue its fast paced growth will require them to develop a strategy for expansion and operations in different global regions throughout the world. In developing a business strategy‚ Outback must create guidelines to ensure success in these new and diverse markets abroad. It is my view that Outback should implement
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MKTG 410 Week 6 Case Study AOL Goes Far East 1. Was Mitsui the best partner for AOL to enter the Japanese market? If so‚ why? If not‚ who (or what kind of company) would make a better partner? Why? Mitsiu being an established company in Japan‚ had the expertise and history to become a joint venture‚ but not with AOL. Even though the company is well established as an MNC in 60 countries and respected by Japanese corporations and consumers for their goods and services. (Kotabe)
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