CHAPTER 2 CASH FLOWS AND FINANCIAL STATEMENTS AT SUNSET BOARDS Below are the financial statements that you are asked to prepare. 1. The income statement for each year will look like this: Income Statement 2008 2009 Sales $190‚119 $231‚840 Cost of goods sold 96‚952 122‚418 Selling & administrative 19‚067 24‚886 Depreciation 27‚370 30‚936 EBIT $46‚730 $53‚600 Interest 5‚950 6‚820 EBT $40‚780 $46‚780 Taxes (20%) 8‚156 9‚356 Net income $32‚624 $37‚424 Dividends
Premium Generally Accepted Accounting Principles Balance sheet Inventory
the U.S. violate two or more basic labor laws‚ establishing them as sweatshops. Sweatshops exist wherever there is an opportunity to exploit workers who lack the knowledge and resources to stand up for themselves. Typical sweatshop employees‚ ninety percent of whom are women‚ are young and uneducated. Many of them are recent or undocumented immigrants who are unaware of their legal rights. Young women throughout the world are subject to horrible working conditions and innumerable injustices because
Premium Abuse Law Human rights
Microsoft Excel supports many kinds of charts to help you display data in ways that are meaningful to your audience. When you use the Chart Wizard to create a chart — or when you use the Chart Type command to change an existing chart — you can easily select the type you want from a list of standard or custom chart types. For an overview of some standard chart types and their subtypes‚ click any or all of the following: Column charts A column chart shows data changes over a period of time or illustrates
Free Chart Bar chart Pie chart
SOLUTION FOR LONE PINE CAFE CASE: A)Each of the partners contributed $16000 cash to the partnership and agreed to share in their profits proportionally to what they had invested which amounts to 1/3rd of the total profit. Therefore‚ each Owner’s equity : $16000 cash They signed a one year lease at a nearby cafe called the Lone pine cafe and agreed to pay a rent of $ 1500 every month. The partners borrowed $21000 from the bank . They used $35000 out of their partnership money and
Premium Balance sheet Asset Generally Accepted Accounting Principles
Communication Flow Both downward from management to employees and upward from employees to management‚ are also important in an organization. General Manager’s routine meeting with the supervisor‚ supervisors’ routine meeting with employees‚ is the flow of downward communication flow. Discussion meetings between employees and their supervisors‚ supervisors provide feedback and question to the managers‚ is the flow of upward communication flow. Communication in the Starbucks organization is
Premium Management Creativity Organization
following is a recommendation from the Board of Directors of Monarch Books. "We recommend that Monarch Books open a café in its store. Monarch‚ having been in business at the same location for more than twenty years‚ has a large customer base because it is known for its wide selection of books on all subjects. Clearly‚ opening the café would attract more customers. Space could be made for the café by discontinuing the children’s book section‚ which will probably become less popular given that the most
Premium Book Printing
NOT E-MAIL YOUR ASSIGNMENTS TO ME. All assignments‚ quizzes‚ tests‚ and reports have submission dates posted. I cannot extend the closing dates. Check your E-mail frequently. I will E-mail changes and updates to everyone in the class. I CANNOT RE-OPEN A CLOSED QUIZ‚ EXAM OR ASSIGNMENT AFTER THE DUE DATE. To learn the most from this course you should follow these
Premium United States bankruptcy law Bankruptcy in the United States Final examination
It is difficult to overlook how the conflicts in Central American countries are themes in the Cariboo Café‚ El Norte‚ The Tattooed Soldier‚ and multiple other readings this semester. In “Cariboo Café‚” written by Helena Maria Viramontes‚ conflicts in Central American are a theme because the reader is constantly reminded of the reason why they came to the United States of America in the first place. For example‚ from the first paragraph the reader is informed that the family is cautious around authority
Premium United States Illegal drug trade Immigration to the United States
Patterns Strategy and Implementation Summary 5.1 Competitive Edge 5.2 Sales Strategy 5.2.1 Sales Forecast Management Summary 6.1 Management Team 6.2 Management Team Gaps 6.3 Personnel Plan Financial Plan 7.1 Important Assumptions 7.2 Projected Cash Flow 7.3 Projected Profit and Loss 7.4 Projected Balance Sheet Executive Summary Espresso room coffee bar is determined to become a daily necessity for local coffee addicts‚ a place to dream of as you try to escape the daily stresses of life and just a comfortable
Premium Coffee
HANOI OPEN UNIVERSITY FACULTY OF ENGLISH ************** AN ASSIGNMENT FOR WRITING SUBJECT A REPORT WRITING THE USES OF ARTICLES IN ENGLISH NOUN PHRASE Hanoi‚ May‚ 2012 THE USES OF ARTICLES IN ENGLISH NOUN PHRASE ABSTRACT Noun phrase plays an important role in the construction of a sentence. Lacking knowledge of noun phrase in English‚ learners could not make understandable sentences. And‚ it is almost inadequate to discuss the noun phrase without referring at some stage to
Premium Article Grammar Noun