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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PROBLEM 1-1C PROBLEM 1-1B (Continued) (b) Service revenue $10‚000 Expenses Salaries and wages $2‚500 Rent 600 Advertising 700 3‚800 Net income $ 6‚200 PROBLEM 1-3B | (a) CRAZY CREATIONS CO. Income Statement For the Month Ended June 30‚ 2012 Revenues Service revenue $6‚700 Expenses Supplies expense $1‚600 Advertising expense 500 Gasoline expense
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Company Bio Enager Industries Inc. is a young company whose growth was profound up to 1993 when it amassed sales over $222 Million. This company is comprised of three main divisions that are all considered to be independent from one another. The first and oldest division of the company is the Consumer Products Division which designs‚ manufactures‚ and markets a variety of kitchenware. The Industrial Products Division focuses its efforts on creating machinery that is uniquely and specifically designed
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Merchandise Sold- revenue is reported as sales‚ cost is reported as merchandise sold o Sales- Cost of Merchandise Sold = gross Profit o Gross profit-operating expenses = net income o Merchandise. Inventory- merchandise on hand (not sold) at the end of the accounting period o Multi-step income statement- contains several sections‚ subsections‚ subtotals o Sales-total amount charged customers for merchandise sold – (cash sales‚ and sales on acct.) o Sales returns and allowances-granted
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FINANCIAL STATEMENT ANALYSIS OF INDIAN OVERSEAS BANK Abstract: Indian Overseas bank is one of the oldest banks in India. It is having its strong base in South India. The bank has undergone many structural changes in the past and is serving crores of people all over the world. There are some unique characteristics for this bank. In this research‚ the financial performance of the select bank is analyzed with the data collected for a period of 10 years. The data are current and are in accordance
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Incentives 9-4 Types of Budgets Materials Production Covering all phases of a company’s operations. Sales Master Budget Detail Budget Detail Budget Detail Budget 9-5 Types of Budgets Income Statement Also called Pro Forma Financial Statements Budgeted Financial Statements Balance Sheet Statement of Cash Flows 9-6 Types of Budgets Capital Capital budgets budgets with with acquisitions acquisitions that that normally normally cover cover several several years. years. Financial Financial
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FINANCIAL ANALYSIS AND VALUATION OF AMCL PRAN [pic] MBA (Evening) Program Department of Finance Faculty of Business Studies University of Dhaka August 2013 FINANCIAL ANALYSIS AND VALUATION OF AMCL PRAN M Shahjahan Mina Professor August 2013 Supervisor’s Remarks Kh Sazzadur Rahim Batch Number 15‚ ID # 15057 Student’s Declaration: I declare that the submitted project paper /internship report is original and solely produced by
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© The Hong Kong Polytechnic University T HE H ONG K ONG P OLYTECHNIC U NIVERSITY SCHOOL O F A CCOUNTING AND FINANCE Final Examination Programme BBA (Hons) in Accountancy (02002-BAC) BBA (Hons) in Accounting and Finance (02002-BAF) BBA (Hons) in Financial Services (02002-BFS) BBA (Hons) in Management (02002-MGT) BBA (Hons) in Marketing (02002-MKT) BBA (Hons) in Global Supply Chain Management (02002-GSC) (02004-GSC) (02004-IST) BBA (Hons) in International
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EXAMPLE: HIGH DISTINCTION PAPER ETHICAL ISSUES QUESTION 1 Richards adopts a teleological-parochialism position 1 to justify that his actions are ethical‚ 2 even though they are illegal (Baugher & Weisbord‚ 2009). 3 Richards argues that his actions are ethical as they resulted in desirable consequences‚ in the form of better sales/performance figures‚ which met analyst forecasts and positively affected shareholder value (Radtke‚ 2004; Fernando‚ Dharmage‚ & Almeida‚ 2008). 4 He acted in the interests
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30‚ 31 |35‚ 36‚ 37‚ 38‚ 39‚ |43‚ 45 | |LO3 – Introduce the four key financial statements | | |40‚ 41‚ 42 | | |including the balance sheet‚ income statement‚ | | | | | |statement of stockholders’ equity and statement of | | | | | |cash flows
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