Jet 2 Task 2 1. There are a few areas of concern with the Budget that Competition Bike‚ Inc. has displayed within their budget for year 9. The most prominent area of concern in is in the Revenue section of the budget. In the budget for year 9‚ Competition has included units sold to be 3510. This is a lofty prediction given that year 8 had seen such a big decline in that number. In year 8‚ Competition sold 3400 units‚ but the previous year had sold around 4000 units‚ a 15 % decline. The company
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Competition Bikes Inc. Financial Analysis Financial analysis is the process of evaluating a business’s liquidity‚ viability‚ stability‚ and profitability. It is typically used during audits‚ to determine if a business is suitable to be invested in‚ comparison to other companies‚ and to analyze overall financial status. The typical items reviewed during financial analysis are income statements‚ balance sheet‚ and cash flow statements. Once the documents have been reviewed a report is formed and
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A1- Key Points-Financial Overview- Custom Snowboards‚ Inc. (CSI) is considering if they should expand into Europe and if it is a sound financial decision. They are going to present their financial status to see if they are able to obtain funding for the company to be able to successfully expand themselves into the European market. The growth of sales and increases in revenue has shown to be a substantial percentage. CSI will want to borrow capital funds of $1 million to be able to finance the project
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A1. a. Horizontal Analysis INCOME STATEMENT Years 6 and 7 REVENUE Net sales for Competition Bikes‚ Inc. increased 33% from year 6 to year 7. This yielded a 31.8% increase in costs of goods sold. Gross profit in year 7 was up by 37.5%. This is done by subtracting the cost of goods sold (3‚294‚000) from net sales (4‚485‚000) and resulting in the 37.5%. Their overall net earnings increased 313.4% in the course of year 6 to year 7. That is roughly three times their previous earnings. This growth
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A1. Custom Snowboards is a company that uses financials to their benefit‚ they would naturally prepare a yearly budget and most likely a five-year budget with expected sales and costs‚ as well as the direction of the company and a growth plan. Custom Snowboards should clean up their financials before pursuing an expansion. A clean-up should begin well in advance to requesting funding for growth or expansion. One way to make the financials look better might be to care less inventory on-hand by
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Legal and Ethical Issues to using business information LEGAL ISSUES ARE VARIOUS ITEMS OF LEGISLATION THAT PROTECTS THE USE OF BUSINESS INFORMATION. DATA PROTECTION ACT 1998: Many business and shops have information about people. This act protects the information held about them to be misused. FREEDOM OF INFORMATION 2000: this act provides individuals the right to request information from a public authority. The public authority has to inform the applicant if they have the information which must
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BTEC EDEXCEL LEVEL 5 HND IN BUSINESS UNIT 4: MARKET PRINCIPLES DATE: 17/07/2013 Submitted by Elena Diana TABLE OF CONTENTS INTRODUCTION……………… 3 TASK 1.…………………………. 4 TASK 2.…………………………. 6 TASK 3………………………….. 8 TASK 4………………………….. 11 CONCLUSION…………………. 14 REFERENCES…………………. 15 INTRODUCTION Invented in 1886 by John Pemberton‚ Coca Cola recipe has a long history behind. In this days Coca Cola brand
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QAT1 Task 4 Western Governors University ID# A. Company A 1. Determine expected completion times for each project activity. T= (Optimistic + 4Probable + Pessimistic)/6 A. T=(2 + 4(3) + 4)/6 –OR -- T=3 B. T=(5 + 4(6) + 13)/6 – OR – T= 7 C. T=(3 + 4(4) + 8)/6 – OR – T=4.5 D. T=(10 + 4(11) + 15)/6 – OR – T=11.5 E. T=(4 + 4(5) + 6)/6 – OR – T= 5 F. T=(8 + 4(10) + 12)/6 – OR – T=10 G. T= (4 + 4(6) + 11)/6 – OR – T= 6.5 H. T=(8 + 4(10) + 18)/6 – OR – T= 11 I. T= (3 + 4(6) + 12)/6 – OR – T= 6.5
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TASK 5 METHOD Because of the delivery situation outlined in task 4‚ the manager of the store decided to look to other options to best use the supplies he has been sent. In this task calculations were performed to see which one type of nut mix was the most appropriate to make to use up as many of his nuts as possible. From Task 4 we know that there are 1360kg of peanuts‚ 1260kg of cashews and 2000kg of macadamias. CALCULATIONS a) Making all Budget Mix Case 1: We have 1360kg of peanuts‚ 1260kg
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WESTERN GOVENOR’S UNIVERSITY Community and Health Nursing Task 4 Marie Lickliter 08/07/2013 The role of the major public health personnel includes assessing the immediate health needs and identifying the potential risks in the community. There are several team members who work together to accomplish this common goal. Team members provide epidemiology‚ environmental‚ medication services‚ food delivery‚ and sanitation services. The public health nurse’s role is to assess the immediate
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