Assumptions for Pro Forma Statements Income Statement Net sales - Sales forecast for 1994 is used as there is no big difference in terms of sales for seasonal or level production. COGS - According to the case 65.1% of sales for the current month. Operating expenses - Seasonal projection 200 plus additional storage and handling cost 115/12 in case of shift to level production. The amount is the same for each month because in case study it is assumed operating expenses are likely to be incurred
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TERM PROJECT Executive Summary and Pro Forma Jeyhun Taghiyev Park University Executive Summary Brothers’ is a convenience store located in Basehor‚ Kansas. This family owned business is conveniently located and the cross section of two major highways (K-7 and I-70). This small company expects to capture market share by becoming the low cost leader in the convenience store market by pricing competitively‚ providing excellent service and products. The major products offered include: newspapers
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Week 3 Assignment: Pro Forma Statement The Landis Corporation had 2008 sales of $100 million. The balance sheet items that vary directly with sales and the profit margin are as follows: Percent Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5% Accounts receivable. . . . . . . . . . . . . . . . . . . . . . 15 Inventory . . . . . . . . . . . . . . .
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63 Equity and Adequacy in School Funding John G. Augenblick John L. Myers Amy Berk Anderson Abstract Since 1971‚ most states have been subject to lawsuits seeking to reform their education funding systems. These cases are litigated on the basis of state (not federal) constitutional language and generally seek either greater equity in funding among school districts or a guaranteed level of adequate funding for education. State supreme courts have found the finance systems unconstitutional in
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Paper 1 How do you ensure that pupils understand explanations ? The purpose of this essay is to look at the ways in which a child retains information‚ how that information is processed and the possible barriers involved. There will be some focus on the theories of learning and the strategies and practices employed in the classroom. At this juncture it must be stated that ‘ensuring’ may be an ambiguous word‚ and that ‘enabling’ the understanding may be more precise‚ as no matter how vociferous
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Budget Project In my budget project‚ I have put the life of a professional singer together. I chose to do this because the idea of being professional is a way people see you as a person‚ and also how they will act and treat you. Another reason I chose to be a professional singer is to make a lot of money‚ and get the car and house I have put in my budget project. A good reason that this life was put together is that I am completely comfortable with it. I am comfortable with it because‚ to be a
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Introduction to Capital Adequacy Norms Along with profitability and safety‚ banks also give importance to Solvency. Solvency refers to the situation where assets are equal to or more than liabilities. A bank should select its assets in such a way that the shareholders and depositors’ interest are protected. Image Credits © light_breeze2010. 1. Prudential Norms The norms which are to be followed while investing funds are called "Prudential Norms." They are formulated to protect the
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NOVEL STUDY PRO FORMA: SETTING: - What is the time and place of the story? - Don these have any bearing on or importance to the story? - Does the setting vary‚ of is it static? - Are characters affected by the setting? How? MOOD/ATMOSPHERE: - Is there a particular atmosphere created? - How is this created? - What effect does it have on characters and events CHARACTERS: - What does the author tell us about the characters? Ie. Descriptive presentation? - What do the characters reveal
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Question (a)Evaluate the relevance and adequacy of the Balanced Score Card as an instrument for perfomance management. Introduction The Balanced Scorecard is a strategic performance management framework that has been designed to help an organisation monitor its performance and manage the execution of its strategy. Kaplan and Norton (1996a‚ 1996b) pointed out that the implementation of the Balance Score Card is to attain the following goals clarify and translate vision and strategy‚ communicate
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People think most or all most all government agencies are for the “Public good” but do they know everything that they do and know what they spend on their budget‚ or is there a secret agenda that some government departments try to hind to the world. Hopefully by the end I can show you at least one department and see if their really are there for the “Public good.” The Department of Energy (DOE) main mission is to adhere to America’s security and longevity by addressing its energy‚ environmental
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