A SAMPLE BUSINESS PLAN | A well-written business plan is a crucial ingredient in preparing for business success. Without a sound business plan‚ a firm merely drifts along without any real direction. Yet‚ entrepreneurs‚ who tend to be people of action‚ too often jump right into a business venture without taking time to prepare a written plan outlining the essence of the business.You should begin by writing down the answer to the very basic question‚ "What business am I in?" This may sound elementary
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Applying your understanding of the relationships among the financial statements: Question 1 25 marks The assets and liabilities of Toronto Service Inc. as of December 31‚ 2008‚ and revenue and expenses for the year ended December 31‚ 2008 are listed below: Accounts Payable|$21‚000||Property tax expense|$5‚000| ||||| Accounts Receivable|25‚000||Rent expense|3‚000| ||||| Advertising expense|10‚000||Salary expense|85‚000| ||||| Building|140‚000||Salary payable|12‚000| ||||| Cash|10‚000||Service
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Kohl’s Corporation and Dillard’s Inc.— Financial Statement Analysis Teaching notes: This case uses the multiplicative version of the DuPont model to analyze operations at two retail companies. Both companies have very straightforward financial statements and most students are familiar with the companies. The analysis can be as simple or as multi-faceted as instructors choose. The case begins with the qualitative side of financial statement analysis. The questions here are unstructured so
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Chapter Case Book Page Number Primary Secondary Primary Industry Company Robin Hood and His Merry Men Subdivision/ Subsidiary of Protagonist Sector NAICS Code N/A Robin Hood “Finance” and “Redistribution” N/A N/A Strategic analyst N/A Strategic analyst 1 Robin Hood C1 1‚2 3‚4‚11‚12 2 The Movie Industry (A) in 2008 C3 1‚3 5‚6‚7 3 The Movie Industry (B) in 2011 C11 1‚3 5‚6‚7 C18 5‚6 2‚3‚4‚12 Better World Books N/A David Murphy‚ CEO C32 3‚7 2‚6‚10‚12 Tesla Motors
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Faster decision making Independence Quicker and cheaper to establish All profits belong to the sole trader Competitors know less about the business’s success as the accounts don’t have to be published Disadvantages: Unlimited liability-can lose both business’s assets and their own personal possessions. Capital is limited to the wealth of one individual. May limit business growth. Have to work long hours and have poor holidays and rewards Page 1 Bought to you by www.studyguide
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has 7‚500 shares of stock outstanding. The market price per share is $22. What is the price-earnings ratio? P/E = market value per share / earnings per share P/E = 22 / (747000 * 4.1 / 7500) P/E = .0539 PROBLEM:04 Beach Wear has current liabilities of $350‚000‚ a quick ratio of 1.65‚ inventory turnover of 3.2‚ and a current ratio of 2.9. What is the cost of goods sold? CA = current ratio * current liablities CA = 2.9 * 350000 CA = 1015000 QR = (CA - Inventory) / CL 1.65 = (1015000
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$2‚000 cash for September rent. F) The business had sales of $12‚000 in September. Of these sales‚ 60% were cash sales‚ and the balance was credit sales. G) The business paid $9‚700 cash for office furniture. What are the total liabilities at the end of September‚ 2013? Answer: $9‚000 5. The accountant for Hobson Electrical Repair Company failed to make an adjusting entry to record $5‚000 of unpaid salaries for the last two weeks of the year. Which of the following is TRUE?
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Carmen Yost Feburary 9th 2015 Fin 410 Chapter 4 Problems Dr. Terry Dowdy Resource: Ch. 4 of Foundations of Financial Management Complete Problems 16‚ 19‚ & 25 in Ch. 4 of Foundations of Financial Management 16. J. Lo’s Clothiers has forecast credit sales for the fourth quarter of the year as: September (actual) $70‚000 Fourth Quarter October $60‚000 November 55‚000 December 80‚000 Schedule of cash receipts (LO2) Experience has shown that 30 percent of sales are collected
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1 .Calculation of working capital: Size of current assets and liabilities and Net working capital of Heritage Foods (India) Limited during the period 2011-12 to 2015-16 (All amounts are in millions) Year Current Assets Current Liabilities Net W.C 2011-12 1467.094 2175.69 -708.59 2012-13 1466.915 2005.004 -538.089 2013-14 1872.555 2410.804 -538.249 2014-15 2136.183 2466.928 -330.745 2015-16 2279.509 2344.395 -64.886 Interpretation: It is evident that
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PEACE OF CAKE‚ LLC #234 Judd Road‚ Trece Martires City‚ Bayambang City (203) 262-3200 www.epomp12.skills21schools.org “Nourishing the Earth One CUPCAKE at a Time!” SUBMITTED: AUGUST‚ 2013 Table Of Contents 1.0 EXECUTIVE SUMMARY PAGE(S) 1.1 Introduction 4 1.2 SWOT Analysis 4 2.0 COMPANY 4 2.1 Company Ownership 5 2.2 Company History 5 2.3 Company Location 5 2.4 Company Purpose 5 2.5 Company Mission 5 2.6 Goals and Objectives 6 3.0 PRODUCT/SERVICES 6 4.0 MARKET 8 4.1 The Market 8
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