259 | | $301‚392 | | Cost of goods sold | 126‚038 | | 159‚143 | | Selling & administrative | 24‚787 | | 32‚352 | | Depreciation | 35‚581 | | 40‚217 | | EBIT | $60‚853 | | $69‚680 | | Interest | 7‚735 | | 8‚866 | | EBT | $53‚118 | | $60‚814 | | Taxes | 10‚624 | | 12‚163 | | Net income | $42‚494 | | $48‚651 | | Dividends | $21‚247 | | $24‚326 | | Addition to retained earnings | 21‚247 | | 24‚326 | 2. The balance sheet for each year will be:
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Competitive Exposure GM’s Case Study 3 Question 1 - Why is GM worried about the evolution of the JPY? * The Japanese automakers were one of the main competitors of General Motors because their main advantage came from having large portions of their cost structure denominated in Yen‚ which meant that they were liable to achieve significantly reduced costs in the face of currency depreciation. This reduced cost would comprise of lower cost of productions‚ thus leading to a rise in the Product
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8 OPERATING INCOME -614.8 176.4 -2‚295.7 -361.0 Interest Expense -67.0 -167.3 -159.3 -235.3 Other Non-Operating Expenses‚ Total 1‚173.7 272.9 -57.8 171.5 Other Non-Operating Income (Expenses) 1‚161.4 193.4 62.2 -17.2 EBT‚ INCLUDING UNUSUAL ITEMS 491.8 282.0 -2‚512.9 -424.8 Income Tax Expense -31.1 44.7 8.4 5.9 Minority Interest In Earnings -2.9 -2.9 -2.7 -1.8 Earnings From Continuing Operations 522.9 237.3 -2‚521.3 -430.7 NET INCOME 520
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2011-2012 2012-2013 2011-2012 2012-2013 Current Ratio 2.5 2.5 3.4 4.0 Quick Ratio 0.5 -0.2 0.6 1.0 Long Term Debt to Equity 0.2 0.4 2.7 1.8 Inventory Turnover 12.9 10.0 9.3 8.6 Total Assets Turnover 1.4 1.4 1.4 1.4 Accounts Receivable Turnover 65.1 58.8 48.9 39.2 Average Collection Period 5.6 6.2 7.5 9.3 Gross Profit Margin 0.4 0.4 0.4 0.4 Net Profit Margin 0.0 0.0 0.0 0.0 Return on Total Assets (ROA) 0.0 0.1 0.1 0.1 Return on Equity (ROE) 0
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KFC (Kentucky Fried Chicken) is founded in 1995 and has grown to one of the world’s largest chain of fried chicken fast food restaurants‚ headquartered in Louisville‚ Kentucky in the United States. KFC is the second largest restaurant chain after McDonalds‚ with over 17‚000 outlets in 105 countries and territories. Colonel Harland Sanders‚ who began selling fried chicken from his roadside restaurant in Corbin‚ Kentucky during the Great Depression‚ founded it. Quality‚ service and cleanliness represent
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EBT Malik Baptiste U.S History February28‚ 2013 Dear editor The issue I chose to speak on was pollution‚ water pollution to be more specific. Water pollution is the pollution of bodies of water such as rivers‚ lakes‚ seas and oceans. Water pollution happens when pollutants such as sewerage or any type of trash is put directly into a body of water without being purified to remove
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A Strategic Analysis of Home Depot GM599 A Strategic Analysis of Home Depot Introduction The Home Depot (NYSE: HD) is a home improvement‚ construction products and services retailer operating over 2‚000 big-box stores in the United States and abroad. The Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank with the vision of one-stop shopping for do-it-yourself (DIY) customers‚ installation services for do-it-for-me (DIFM) customers and competitive products for the professional
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into three widely used and studied components: ROE = (Net profit margin)* (Asset Turnover) * (Equity multiplier) Five Steps DuPont Calculation Since the numerator of the net profit margin is net income‚ this can be made into earnings before taxes (EBT) by multiplying the three-step equation by 1 minus the company’s tax rate: ROE = (earnings before tax / sales) * (sales / assets) * (assets / equity) * (1 – tax rate) We can break this down one more time‚ since earnings before taxes is simply earnings
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SABA SHAIKH 1204-MPHMS010 MULTIPLE CHOICE QUESTIONS 1. The view of investors and creditors about firm’s financial position put an impact on firm’s……….. a) Effective interest rate. b) Market value. c) Reputation d) All of above. 2. In vertical analysis‚ each liability and equity account is expressed as a percentage of total….. a) Capital. b) Liabilities and shareholder’s equity. c) Assets. d) Sales. 3. If a company found a high current ratio and a
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=0.6 to find the pretax income. The difference between EBIT and taxable income must be interest expense. Use this same procedure to complete similar problems. Earnings before interest taxes = $6‚000‚000 Tax rate = 0.04 Interest Expense = X EBT= 3‚000‚000/ (1- T) = $3‚000‚000 / (1-0.04) = $ 3‚000‚000 / 0.06 = $
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