JET Task 5 A1. Key Points Banks are concerned with Custom Snowboards liabilities and assets. They are interested in assets as this is what Customer Snowboards will use to generate funds to repay the loan. Banks are interested in liabilities as this is what Custom Snowboards currently owes other creditors. Custom Snowboard‚ Inc. showed a small decrease of 3.40% in net sales from Year 13 to Year 14. This slight reduction can be attributed to the decline in the current economic situation
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Fernando Alex Tambue Guiffo Evaluated by: Articulation Evaluation 10 (evaluator’s name is not visible to author) Date Evaluated: 08/07/2015 05:38:46 PM (MDT) DRF template: Financial Analysis (GR‚ JET20513) Program: Financial Analysis (GR‚ JET20513) Evaluation Method: Using Rubric Evaluation Summary for Financial Analysis: JET Task 5 Final Score: Does not Meet Evaluator added files: GUIFFO‚ FERNANDO A. T. JET2_task5.8715.pdf (Adobe Acrobat Document) Overall comments: 8/7/15ARTICULATIONTh
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Financial Analysis Task 5 Part B-Report to CEO B1. Custom Snowboards sales history has been steadily increasing per the table below. CSI has had small growth in sales with an equal increase in COGS. The COGS is relative to the increase in the net sales‚ however‚ CSI should look further into ways they can decrease their COGS line item in order to see more profit growth from year to year. We can see on the Horizontal Analysis below that net sales‚ COGS and Profit all had the same increases from years
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TASK TWO Task Two 1 A1. Concerns in Budget Planning: Budgetary Items. Depreciation: Depreciation is “the method that the accountants use to allocate the cost of equipment and other assets to the total cost of products and services as shown on the income statement” (Berman‚ Knight‚ & Case‚ 2013). Depreciation is said to be based on the same fundamentals as accruals in that a company “wants to match as closely as possible the costs of products and services with what was sold” (Berman et al.‚
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Quantitative Analysis Task 5 Competency 309.3.3: Expected Value Decision Analysis Task A. Expected Value for each decision Develop New Product Decision Brach 1 – Develop Thoroughly EV if Market reaction is good= $500.000(0‚ 4)= $200.000 EV if Market reaction is moderate= $25.000(0‚ 4)= $10.00 EV if Market reaction is poor= $1.000(0‚2)=$200 Total EMV=$200.000+$10.000+200= $210.20 Decision Brach 2 – Develop Rapidly EV if Market reaction is good= $500.000(0‚ 1)= $50
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Custom Snowboards Inc. Managing Capital & Financial Assets 04/19/2014 WGU JET2 Financial Analysis Task 5‚ Part I - PASSED To: Vice President for Chief Financial Officer (CFO) The following is a summary report is an analysis of the current financial statements of Custom Snowboards Inc. The company wishes to be considered for an extended long term loan for a European expansion. We have arrived at a selection of key financial statement line items‚ conducted a risk assessment‚ and ratios
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Task 2 Financial Analysis Karen Wilson A. Summary Report A budget is a numerical expression of revenues and expenses for a specific period of time. (Sullivan‚ 2003) It expresses plans of business units in measurable terms. This document is a guide for predicting performance situations. The budget should assist the company in planning use of its resources and providing direction. Concerns: Sales: Sales for FY 8 decreased by 15% when compared to FY7. The decline in sponsorships for the professional
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Inc. Managing Capital & Financial Assets 05/10/2014 WGU JET2 Financial Analysis Task 5‚ Part II - PASSED To: Chief Executive Officer (CEO) of Custom Snowboards Inc. Subject: Report of historical data and recommendation on how to proceed with expansion plans to Europe. European Expansion Historical Analysis To make a decision about expansion to Europe‚ we must first analyze past performance as an indicator about future performance. A historical analysis was completed on the company’s
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Financial Analysis Task 2 A1. Concerns There are a couple of concerns with Competition Bikes Inc.‚ ProForma for year 9. The first concern is the amount of money that is allocated to research and development. For the previous three years‚ they have been all over the board with their budgets. The sixth year was $71‚460‚ the seventh year was $98‚280‚ and the eight year was $82‚284. This is concerning that the budget has fluctuated so much. In the ninth year they have allocated $85‚861. This budget
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Task 1 Horizontal analysis Horizontal analysis allows side by side comparisons on a year to year basis to determine the performance from one year to the next. The company decides on standards to compare the results of the analysis. Standards are researched by checking competitors‚ internet research of general industry guidelines or standards created from past experience in the company. The Company states in the summary that they attribute the net sales decrease in sales to the economy. The
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