Solution to Question 7: Segment Reporting - Page 1 of 2 O’Mara’s‚ Incorporated’s income statement for the most recent month is given below. For each of the following questions‚ refer back to the original data. (a) If Store B sales increase by $20‚000 with no change in traceable fixed expenses‚ by what should the overall company net operating income increase? Answer: Increase by $8‚000 Store B contribution margin ratio = $80‚000 $200‚000 = 40% Additional net
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This past summer I worked at a groceries store called La Villita‚ where I had a lot of contact with other people. Even though I was talking to people and taking care of their needs‚ that kind of job is boring‚ therefore I started to study how they shop. There were some customers that went to the store‚ very often‚ around 2 times a day and probably 4 days a week‚ but on the other hand there were some others that just went once‚ and I never see their faces again. According to how people behave‚ I
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Overlook Video Stores Inc. (OVS) To: Ms. Alice Hartford‚ Partner From: CA‚ Audit Senior Re: Planning for the year end 2009 of OVS and requested control deficiency information Engagement Overview The purpose of this memo is to document the planning of the financial statement audit st engagement of our client Overlook Video Stores Inc. (OVS) for the year ended December 31 ‚ 2009. OVS has been our client since its inception in 1998. This year’s audit will commence January‚ 2010‚ th
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analyze 99 Cents Only Stores. The value chain‚ also known as value chain analysis‚ is a concept from business management that was first described and popularized by Michael Porter. The value chain for 99 Cents Only Stores is good. The company’s decision in purchasing High Jump Supply Chain Advantage for its new distribution center will help them to solve the issues they have with new center. Porter’s Competitive Forces Model Threat of new entrants: 99 Cents Only Store are 5 times larger
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even think of building a ship without using some type of calculations or a computer to draft out a design. The same principles used in the dynamics of ship building are used in the manufacturing of kneeboards‚ water skis and wakeboards. Knee boarding is a growing sport among water ski enthusiasts and is a popular alternative to water skiing‚ wakeboarding‚ and bare footing. Knee boarding gets its roots from southern California where in the late 60s early 70s some surfboarders tried using their home
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Guillermo Furniture Store Recommendation Guillermo’s Furniture is small size furniture store with a low capital income and a simple business structure located in Sonora‚ Mexico ("Guillermo Store Scenario‚" 2012). The furniture store was the only manufacturer in the area before the ninety’s‚ when a new competitor from overseas entered in the furniture market with a hi-tech approach‚ and woke up the community of Sonora‚ increasing the cost of labor substantially‚ and causing prices to bottom out.
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has always known Wal-mart. Chain stores have continued to grow throughout the years and "mom and pop" stores have suffered. Harvey’s went out of business because of Wal-mart. The system that chain stores use is that at the beginning the have lower prices then local stores. Then when all the local stores go out of business that when the chain stores raise their prices‚ Wal- mart is infamous for this. In the 1900’s their where only 58 chain stores. Some popular stores back then are practically extinct
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Should Chain Stores Be Regulated? I don’t know if you’ve ever noticed how every city’s high street is a replica of another. It is not the buildings or grey one-legged pigeon that stays the same‚ but the shops. There is a ‘Primark’ on Oxford Street‚ London; Princes’ Street‚ Edinburgh; New Street‚ Birmingham. Accessible comparison shopping and bargains are a universal draw but walk a little further and you uncover side-streets boasting welcoming charms of quirky independent stores. Yet‚ recently‚ both
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Have you ever felt like you were being stalked when you’re entering a store. This is an article about should stores be able to spy on you. I chose this because I thought it was important to feel safe when you enter a store. I also thought it was really interesting on both sides if stores should spy on you. They are both very convincing arguments. Here are some of the pros and cons of stores spying on you. Here are some of the pro’s to the “Spying” thing. They could see if there is somebody buying
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auditor will find it necessary to rely on evidence that is persuasive rather than convincing. An auditor must work within economic limits. The opinion‚ to be economically useful‚ must be formed within a reasonable length of time and at a reasonable cost. 2. The search for unrecorded liabilities is a
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