Case 2-3 Lone Pine Cafe (A)* Karamoy‚ Claudya Loria‚ Karla Uy‚ Casandra Alexis Allan Quijano ENT603M 1. Prepare a balance sheet for the Lone Pine Cafe as of November 2‚ 2001. LONE PINE CAFE BALANCE SHEET AS OF NOVEMBER 2‚ 2001 Assets Current Assets Cash……………………………………………………………$10‚ 172 Inventory………………………………………………………. 2‚ 800 Prepaid Expense……………………………………………… 1‚ 428 Total current assets……………………………………….
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000.00 Owners’ equity: Paid-in capital: Assets Current assets Cash $ 10 172.00 Inventories $ 2 800.00 Prepaid Expenses $ 1 428.00 Total Current assets: $ 14 400.00 Lone Pine Cafe Balance sheet As of November 2‚ 2009 Liabilities and Owners’ equity Current liabilities Notes payable‚ bank $ 69 000.00 Total Liabilities and Owners’ equity: $ 69 000.00 Lone Pine Cafe Balance sheet As of March 30‚ 2010 Liabilities and Owners’ equity Current liabilities Accounts payable
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SOLUTION FOR LONE PINE CAFE CASE: A)Each of the partners contributed $16000 cash to the partnership and agreed to share in their profits proportionally to what they had invested which amounts to 1/3rd of the total profit. Therefore‚ each Owner’s equity : $16000 cash They signed a one year lease at a nearby cafe called the Lone pine cafe and agreed to pay a rent of $ 1500 every month. The partners borrowed $21000 from the bank . They used $35000 out of their partnership money and
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Problem 3-7 QED ELECTRONICS COMPANY Income Statement for the month of April‚ ----. | Sales | | $33‚400 | Expenses: | | | Bad debts | $ 645 | | Parts | 3‚700 | | Interest | 880 | | Wages | 10‚000 | | Utilities | 800 | | Depreciation | 2‚700 | | Selling | 1‚900 | | Administrative | 4‚700 | ______ | Profit before taxes | | 25‚325 | Taxes | | 8‚075 | Net income | | $5‚275. | Truck purchase has
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Analysis for Lone Pine Café The Lone Pine Café case involves a partnership of three people who initially invested $16‚000 cash each in the venture. The first transaction resulted in a one year lease being signed for $1‚500 per month or $18‚000 per annum. The owners occupied quarters above the Café. No rental amount was assigned to this apace. The owners then borrowed $21‚000 from a local bank and then utilized $35‚000 of the initial capital invested in the firm to purchase $53‚200 of
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Address: Jl. Kampung Bali XV/No.2 Jakarta Pusat - 10250 Mobile : +62-081317170114 +62-817-5100-114 Email : tientien_na@yahoo.com Christina Dameria Objective Seeking a dynamic career in Management‚ Operations‚ Administration and Clerical fields. 7 October 2012 – 6 February 2013‚ United Nations Development Program (UNDP) of Strengthening Access to Justice in Indonesia (SAJI) Project Support Specialist for Event Administrator (short term contract) • To prepare administrative and logistic for
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Anthony Cases 3-2‚ 11-2‚ and Problem 5-7 Anthony Cases 3-2: Loan Pine Café (B) 1. Below is the income statement for the Lone Pine Café from November 2‚ 2005-March 30‚ 2006. [pic] *Notes regarding two calculations: a. Sales = $43‚480 (cash) + $870 (accounts receivable) = $44‚ 350 b. Inventory (food & beverage) = $10‚016 (purchase from suppliers) + $1‚583 (accounts payable) + $370 (which is the change from inventory of $2800-$2430) = $11‚969.
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Pines are trees in the genus Pinus (pron.: /ˈpaɪnəs/)‚[1] in the family Pinaceae. They make up the monotypic subfamily Pinoideae. There are about 115species of pine‚ although different authorities accept between 105 and 125 species. Contents [hide] * 1 Etymology * 2 Taxonomy‚ nomenclature and codification * 3 Distribution * 4 Morphology * 4.1 Foliage * 4.2 Cones * 5 Ecology * 6 Uses * 6.1 Food uses * 7 See also * 8 Notes * 9 References * 10 Bibliography *
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| Pine Street Capital | | | FINA5290 Derivatives Analysiss Individual Assignment 1. What is a hedge fund? How do hedge funds differ from mutual funds? Hedge funds are investment vehicles that explicitly pursue absolute returns on their underlying investments. Hedge Fund incorporate to any absolute return fund investing within the financial markets (stocks‚ bonds‚ commodities‚ currencies‚ derivatives‚ etc) and/or applying non-traditional portfolio management techniques including‚ but
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Marketing Plan of JUST US Café.. Fair trade product had a huge growth opportunity in Canada. There were consumers who were loyal to fair trade products. Just Us ! brand of coffee was the first co-op which undertook the initiative of people and planet before profit. Increasing completion from similar units‚ large brands and Private Label of retail stores has created the need for a real marketer in the organisation. Revenues were getting down with increasing competition. Juliet had various
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