Jet2 Task 4 Competition Bikes management decide to retool and now manufacturing both Titanium and CarbonLite Frames bikes. Competition Bikes was using the Traditional based Costing (TBC) method‚ however the Activity Based Costing (ABC) may give more insight to management and helpful in analyzing the per unit costing of the different types of frames and pinpoint the area of improvement. Also the management wants to know the Breakeven point caused by the potential increase of fixed cost by $5‚000 and
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JET2 # 1 Financial Analysis Michelle Harris Western Governor’s University WGU #: 000262388 A1a: Horizontal Analysis As previously mentioned‚ this medical center is a vital contributor to its surrounding area. As such a large corporation‚ this medical facility has a wealth of waste produced to maintain current operations. This facility also utilizes a lot of finite resources in its daily operations such as power‚ and water. Although this company does consider its carbon footprint on society
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Subject: Financial Statement Analysis – Task 2 Summary Report A budget‚ as defined by Hilton (2009 pg 348)‚ is a detailed plan‚ expressed in quantitative terms that specifies how resources will be acquired and used during a specific period of time. A budget is a financial document utilized to project future income and expenses. A budget is based on how much you make in income and what your monthly expenses are. Budgets evaluate performances while the plan is what is going
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Competition Bikes‚ Inc. Budget Summary Report A1. Concerns Upon reviewing the Competition Bikes Inc. (CBI) Budget Schedules and ProFormas for Year 9‚ there are a few concerns that should be analyzed. The first is the forecasted sales in units. The forecast for year 9 is 3‚510 units‚ which is a 3.2% increase over the 3‚400 units sold in year 8. The storyline mentions the economic downturn‚ which has led to a decrease in bike sales. It can take some time to recover sales lost during an economic
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Competition Bikes Budgeting and Variance Analysis Report Western Governor’s University Competition Bikes Budgeting and Variance Analysis Report Competition Bikes‚ Incorporated (Inc.) makes bicycles for professional and other highly accomplished riders who compete in bike races‚ biathlons‚ and triathlons. Approximately sixty percent of all race winners have been victorious using bicycles designed by Competitions Bikes‚ Inc. This extraordinary success rate
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Competition Bikes Inc. Storyline Managing Capital & Financial Assets 04/12/2014 WGU JET2 Financial Analysis Task 4 - PASSED To: Vice President The following is a summary report to recommend whether Competition Bikes should change its traditional costing method to activity based costing‚ and an analysis of the breakeven point with regards to sales units and dollars for both CarbonLite and Titanium bikes. It also discusses the impacts to the breakeven point. The cost-volume-profit evaluation
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Jason White Financial Analysis JET2 Task 1 February 18‚ 2015 For this task I preformed an analysis of the financials of Competition Bikes‚ Inc. In the following pages I will discuss my findings in detail. I will find weaknesses and strengths as well as indicators of how the company’s financial health is. Also included will be some potential ways to make adjustments to correct the weaknesses. Some of the operational strengths and weaknesses were identified by reviewing the horizontal‚ vertical‚
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Competition Bikes‚ Inc. (CBI) Financial Analysis Report In order to determine a company’s performance‚ analysis must be done for key metrics‚ including the ability to pay debts‚ how much cash or other liquid assets are available‚ and the company’s viability to continue operations. These analyses involve the review of income statements and balance sheets‚ where current and past performance will be studied with the goal of predicting how the company will perform in the future. Upper-level management
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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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Custom Snowboards 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
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