1. Calculate the effect on the financial statements in Tables 1 and 2 if the accounting system were changed to incorporate the cost of barrels ($31.50 each) into the inventory accounts. a. What would pretax profit be in 1961? Booker Jones increased production by 20‚000 barrels. If the cost of barrels is $31.50‚ then these 20‚000 barrels would cost $630‚000. This will be added to inventory account and hence will generate pretax profit of $630‚000 – 407‚000 = $223‚000. b. If the change were made
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The main purpose of this report is to analyse David Jones’ business performance and to determine whether it is a worthwhile investment. Two main points will be closely examined: classification of non-recurring items and recurring items‚ and ratio analysis. First‚ clarifying the generation of income made by ordinary activities and extraordinary activities will enable us to estimate the firm’s real earning power. Second‚ analysing historical financial data‚ using ratios‚ will enable us to understand the
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TAL-7298-A APR 2012 Page 1 of 2 Compensation Fact Sheet Competitive Compensation* Edward Jones’ performance-based compensation program is designed to support Financial Advisors as they transition careers and build their professional practice. Compensation may include: •Trainee Pay •Salary •Commissions •Bonuses •Profit Sharing •Travel Program and the type of product. Commission payout ranges are generally as follows: Financial Advisor Commission Payout Range Year 1 Year 2 Year 3 Year 4
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Executive Summary In this report I discuss the comparison of competitive strategies between the two major departmental stores in Australia being David Jones and Target and how they differ from each other. I also discuss the current issues that are faced such as Global Financial Crisis that has had much impact on both stores as well as future threats such as online shopping which is believed to be the latest trend is shopping which has already affected the stores but could make competition even
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environment 1. Board of Directors and Management Structure David Jones has a skilled‚ experienced and expertise Board of directors which is accountable for caring the rights‚ interests and the management of David Jones. Chief Executive Officer and Managing director are responsible for setting strategy‚ planning and administration for the company on daily basis. Paul Zahra has been “Chief Executive Officer and Managing director” for David Jones since 18 June 2010. Mr Zahra has more than 30 years’ experience
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connected to a power source is called the primary winding or input winding. The winding connected to the loads is called the secondary winding or output winding. Introduction The open-circuit test‚ or "no-load test"‚ is one of the methods used in electrical engineering to determine the no-load impedance in the excitation branch of a transformer. In this experiment‚ open-circuit test is conducted on single-phase and three-phase transformer to determine the iron core resistance‚ Rc and magnetized reactance
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3344346 Tu Lan – 3282178 Bo Qiu - 3308317 DAVID JONES - BUSINESS ANALYSIS AND VALUATION May 2012 ASB INVESTMENT RESEARCH T A B L E O F CONTENT 1. EXECUTIVE SUMMARY 2. DAVID JONES’ PROSPECT AND THE RETAIL INDUSTRY 2.1 INDUSTRY ANALYSIS 2.2 COMPANY ANALYSIS 3. ACCOUNTING AND FINANCIAL ANALYSIS 3.1 ACCOUNTING ANALYSIS 3.2 FINANCIAL ANALYSIS 4. FORECAST AND VALUATIONS 4.1 FORECAST ASSUMPTIONS 4.2 COST OF CAPITAL – WACC 4.3 VALUE OF DAVID JONES 5. CONCLUSION 6. REFERENCES AND APPENDIX ASB
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An Analysis of the Financial Crisis of 2008: Causes and Solutions By Austin Murphy* ________________________________________________________________________ *by Austin Murphy‚ Professor of Finance‚ Oakland University‚ SBA‚ Rochester‚ MI 48309-4493 (248-370-2125; jamurphy@oakland.edu). Electronic copy available at: http://ssrn.com/abstract=1295344 Abstract This research evaluates the fundamental causes of the current financial crisis. Close financial analysis indicates that theoretical
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Training a dog can be very beneficial and a lot fun for both you and your pet! When you think about training a dog‚ you think about how difficult it might be‚ and time consuming. Really‚ its not. Training a dog can be very easy‚ and won’t take more than 5 minutes out of your day. There are a lot of benefits for both you and your dog when you have completed training. For example: You’ll have a happier dog‚ and a better understanding of animal behavior. Also‚ if you place your pet up for adoption
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HT SWITCHING&AUTHORISATION OPERATING REGULATIONS FOR HIGH VOLTAGE SYSTEMS SAQA: NQF LEVEL 5‚ ESETA ACCREDITED COURSE FEATURES Phone:+260969923498 E-mail:tsinkala@zesco.co.zm.com Obtain the skills and tools to ensure compliancy within your organisation to Standard Operating and Engineering Procedures. Understand the background to the Occupational Health & Safety Act and your Company Operating Regulation for High Voltage Systems and how they relate to each other. Adopt approved ways of operating
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