29. In fiscal year 2011‚ Starbucks Corporation (SBUX) had revenue of $11.70 billion‚ gross profit of $6.75 billion‚ and net income of $1.25 billion. Peet’s Coffee and Tea (PEET) had revenue of $372 million‚ gross profit of $72.7 million‚ and net income of $17.8 million. a. Compare the gross margins for Starbucks and Peet’s. Gross Marin = Gross Profit/Sales (Page 35) Starbucks: ($6.75 gross profit / $11.70 sales) = 0.57692 x 100 = 58% GM Peet’s: ($72.7 gross profit / $ 372 sales) = 0.19543 x
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ABC System in Super Bakery Inc. (Introduction) – What strategies did the management of Super Bakery‚ Inc. use? Installation of the Activity-Based Costing System Super Bakery was formed in the 1980’s during a time when the barrier to entry into the baked goods industry was limited. They started the company using the industry’s standards and following them very strictly. The first four years of Super Bakery were not profitable and management knew they had to make changes so the company could
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1 Declare CountAge As Integer 2 Declare SumAge As Float 3 Declare Age As Float 4 Declare ParticipantAverage As Float 5 Set CountAge – 0 6 Set SumAge – 0 7 Write “Enter one age. Enter 0 when done.” 8 Input Age 9 While Age > 0 10 Set CountAge = CountAge + 1 11 Set SumAge = SumAge + Age 12 Write “Enter an participant age. Enter 0 when done.” 13 Input Age 14 End While 15 Set ParticipantAverage = SumAge / CountAge 16 Write “Your age average
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PT1420 Introduction to Programming Name: Homework 2 Ch. 2: Short Answer 1-3 (10 points) 1. What does a professional programmer usually do first to gain an understanding of a problem? The first thing a professional programmer will usually do to gain the understanding of a problem is to work directly with‚ and interview the customer. 2. What is pseudocode? Pseudocode is an informal language that has no syntax rules‚ and is not meant to be compiled or executed. 3. Computer programs
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Kudler Fine Foods Product Offering Foods Product Offering Kudler Fine Foods (KFF) is a grocery store that is looking to offer its quality brand of products in new parts of the world. To start the process Team “A” will analyze market desires and market progress‚ perform a SWOT analysis‚ and outline the product offering and its opposition. Market Needs Kudler’s research and development (R &D) department has completed a market needs assessment and revealed that there is a steady increase
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A firm’s external environment is divided into various subcategories that include Remote industry operating This is considered a collection of firms that offer similar products or services that customers perceive to be substitutable for one another..Industry Because the quantity‚ quality‚ price‚ and accessibility of financial‚ human‚ and material resources are rarely ideal‚ assessment of suppliers and creditors is critical to an accurate evaluation of which of the firm’s external environments? Operating
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FIN 534- Homework Set #1 1. $502‚640 + 120‚000-169‚056=$453‚584- 17050= $436‚534 2. If Congress change the tax laws Berndt’s‚ the reported profit would decrease and the net cash flow would most likely remain the same. 3. Current Ratios (Current Assets / Current Liabilities): $2‚680‚112 / $1‚039‚800 = $2.577 /Ratio= 2:6:1 Quick Ratios (Cash + Marketable Securities +Accounts Receivable)/ Current Liabilities: $14‚000 + $71‚632 + $878‚000/$1‚039‚800= $0.926/ Ratio= 0:9:1 The company’s liquidity
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. (TCO 2) Bubba’s Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. For the current year overhead is estimated at $2‚250‚000 and direct labor hours are budgeted at 415‚000 hours. Actual overhead was $2‚200‚000 and actual direct labor hours worked were 422‚000. (a) Calculate the predetermined overhead rate. Rate‚ based on budgeted factory overhead cost and budgeted activity‚ that is established before a period begins. 2‚250‚000/415‚000 Budgeted
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Required: 1) Prepare the journal entries to record the income tax expense‚ deferred income taxes‚ and the income taxes payable for 2012‚ 2013‚ and 2014. No deferred income taxes existed at the beginning of 2012. 2) Explain how the deferred taxes will appear on the balance sheet at the end of each year. (Assume Installment Accounts Receivable is classified as a current asset.) 3) Show the income tax expense section of the income statement for each year‚ beginning
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error or weakness in the security system B.A negative effect or influence on an information system C.The probability of loss of a valued resource D.An external situation or event with the potential to cause harm to an IT system Question 2 of 20 In which of the IT domains is a hub considered a major component of risk? A.LAN-WAN Domain B.User Domain C.Workstation Domain D.LAN Domain Question 3 of 20 How does risk management impact an organization? A.Affects the survivability
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