EntertainmentNow.com Prepared for Dr. Lucian Zelazny Department of Accounting McCoy College of Business 601 University Drive San Marcos‚ Texas 78666 Prepared by Veronica Piña Rupinder Singh Ashley Vollmer April 23‚ 2013 EntertainmentNow.com Case Overview EntertainmentNow.com is considered one of the world’s leading Internet retailers of entertainment products that sells an array of books‚ music‚ videos‚ and DVD’s‚ toys‚ and small electronics on the company’s International website
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following revenues and costs in 2004 for its Elite Quality golf club sets: Revenues (400 sets sold @ $600 per set) $240‚000 Variable costs 160‚000 Fixed costs 50‚000 1. How many sets of clubs must be sold for Tee Times‚ Inc. to reach their breakeven point? a. 400 b. 250 c. 200 d. 150 2. How many sets of clubs must be sold to earn a target operating income of $90‚000? a. 700 b. 500 c. 400 d. 300 3. What amount of sales must Tee Times‚ Inc. have to earn a target net income of $63
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Construct a cost/volume/profit (CVP) model representing the data in a marginal costing profit and loss account 5. Define and calculate the breakeven point using various techniques 6. Apply the CVP model in multi-product situations. 7. Calculate budgeted sales volume required for a given target net income. 8. Calculate and explain the margin of safety. 9. Identify and explain
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Capital Budgeting Methods and Cash Flow Estimation Tasty Foods Corporation (Part A) November 5‚ 2012 Executive Summary: Tasty Foods has seen phenomenal growth throughout its lifetime in large part due to a continuous development of innovative new products. Although prosperous for Tasty Foods from its birth‚ this is a business initiative that in the past years‚ Tasty Foods has not maintained. Consumers are shifting towards a more health conscious lifestyle and until now Tasty Foods has not presented
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INTRODUCTION V and Y Productions Limited (VYP)‚ established in October 2004‚ is an independent TV production company based in the UK that makes programmes for a variety of TV broadcast organisations. It is founded by Steve Voddil and John Young‚ who were programme directors worked in TV broadcast companies. VYP is not listed on either a main stock exchange or the alternative investment market. It has a market share of 1.4% and generated total revenue of £28.6 million in YA 2011‚ almost 39% growth
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airline manufacturing industry and why only few competitors can exist in this market: 1) High Development costs involved in manufacturing aircrafts 2) Levels of breakeven that amount to a considerable proportion of global demand 3) considerable familiarity of level curve necessary for corporations to reach point of breakeven levels and turnovers 4) Unstable demands due to factors like fuel pricing‚ inflation‚ etc. After the success of the Airbus‚ the US officials
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14 August 2008 Case Studies Paper Many potential business owners start up companies or invest in companies without conducting the proper research. This causes numerous businesses to fail. I investigated a business that I as a business owner would like to establish. My analysis of the potential business will address several important topics. I will research the background of the industry‚ trends‚ how to finance the
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Commission c. It focuses on the organization as a whole‚ rather than on the organization’s segments d. It places more emphasis on precision of data than financial accounting does 1. What are fixed costs‚ if contribution margin is positive and breakeven is one unit? Using this cost structure‚ what is the operating leverage if they sell 2 units? 2. Abel Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is
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Case Study 2 Springfield Express is a luxury passenger carrier in Texas. All seats are first class‚ and the following data are available: Number of seats per passenger train car 90 Average load factor (percentage of seats filled) 70% Average full passenger fare $ 160 Average variable cost per passenger $ 70 Fixed operating cost per month $ 3‚150‚000 Formulae’s: Revenue = Units Sold * Unit price Contribution Margin = Revenue – All Variable Cost Contribution Margin Ratio =
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Foxy Originals 1. Discuss the pros and cons to launching the Foxy brand in the United States. To determine the pros and cons‚ we conducted a SWOT analysis: S(trengths) – Foxy Originals has saturated the Canadian market‚ which presents an opportunity for growth. The two owners have extensive experience in designing jewelry‚ having done so since they were in high school. They’re good at what they do and have had time to perfect their trade. They also have a firm grasp of who their target
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