Case Study of Just For Feet Inc. Xuan Zhang Q1. Prepare common-sized balance sheets and income statements and compute key ratios for 1997-1998. What were the high-risk financial statement items for the 1998 audit? * Common-sized financial statements: * Key ratio analysis: Liquidity and solvency: | 1999 | 1998 | 1997 | Current ratio | 3.387 | 1.998 | 2.142 | Debt to equity | 1.117 | 0.672 | 0.720 | Times interest earned | 6.376 | 24.665 | 28.286 | Activity | | |
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honesty‚ confidence and integrity.I also get to earn respect from other people as well as favours and love because of the fact that I love myself first.When I have self-respect‚ I fully love myself. I love myself for who I am on the inside and not just because of what I do‚ what I look like‚ or what I am capable of. When I have self-respect‚ I take pride in who I am and I know that I am valuable. Self respect is so important because if you don’t have it for yourself‚ you can’t expect anyone else
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Weber’s Law and Weberized TV Restoration Jianhong Shen School of Mathematics University of Minnesota Minneapolis‚ MN 55455‚ USA Abstract Most conventional image processors consider little the influence of human vision psychology. Weber’s Law in psychology and psychophysics claims that human’s perception and response to the intensity fluctuation of visual signals are weighted by the background stimulus ‚ instead of being plainly uniform. This paper attempts to integrate this well known perceptual
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Step 4 : Management has followed progressive discipline Manager Marlboro Yes- Employer is already gave written warning and suspension to prior violation. As adopted progressive discipline‚ the next step can be predicted even with the case that not harm company license. However‚ in this case one of two rules that employee are suspected in can cost company to lose license‚ reputation and money in case of fire or explosion happen. Obviously‚ the penalty for this one should be heavier than written
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Exercise 2-2 1. The cost of a hard-drive installed in a computer: direct materials cost. 2. The cost of advertising in the Puget Sound Computer User newspaper: Selling and Administrative cost. 3. The wages of employees who assemble computers from components: direct labor cost. 4. Sales commissions paid to the company’s salespeople: Selling and Administrative cost. 5. The wages of the assembly shop’s supervisor: manufacturing overhead cost. 6. The wages of the company’s accountant:
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Just for Feet‚ Inc Just For Feet‚ Inc. operates retail stores in the brand name athletic and outdoor footwear and apparel market. Just for Feet was found in 1977 with the opening of a small mall based store and opened its first super store in 1988. Because of their success and high sales volume generates by the large store Company has concentrate primarily on develop and refining its superstore concept. As of January 1999‚ they operate 120 superstores‚ which 23 superstores opened in fiscal 1997
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| |Just in Time Manufacturing | |A Briefing Paper on the Just-in-Time Philosophy | | | Abstract Just-in-Time manufacturing
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Find a journal article online about just-in-time inventory systems. In the subject line of your post‚ include the title of the article that you read. Post a link to that article with your initial post‚ and provide a summary and a reaction to the article. The summary should be approximately 250 words‚ and the reaction should be approximately 150 words. The summary should describe the major points of the article‚ and the reaction should demonstrate your interpretation of the article and how you can
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looking at ethical frameworks there are two that stand out‚ consequentialism and just consequentialism. These two frameworks focus on policies and values‚ such as duty‚ justice‚ and the pursuit of the greatest happiness for the majority‚ that people already understand and focus on when making decisions. This intrinsic core makes them easy to understand and a valuable part of our ethical decision making. Consequentialism and just consequentialism use a similar utilitarian approach to their ethical decision
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What is Just in Time (JIT)? Solution: Just in Time can be defined as an inventory strategy that is employed by an organization to increase the efficiency and also reduce the waste by receiving the goods only when they are actually required. This can help in reducing the inventory costs. This method will be most useful when the management is able to accurately forecast the demand. JIT stands for just in time‚ and this is an approach which is used in inventory valuation. It is a system which ensures
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