1.Executive Summary Safe Kids Child Care is a start-up organization that provides day care services . This mid-sized child care facility serves children from three months to six years of age. Our services are safe and secure‚ providing the parents with an excellent place where their children can be taken care of. Safe Kids Child Care is a business that has become necessary in today’s fast-paced world. There are an increasing amount of families who have become dependent on two incomes‚ which has
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Percent Change Best Average Worst 1.7 1.5 +13.3% 2.1 1.5 1.2 The Hershey Company’s current ratio increased 13.3% from 1.5 to 1.7. The current ratio increased 13.3% because current liabilities saw a decrease of 9.6% from 2010 and current assets increased by 2.1%. When comparing The Hershey Company’s current ratio to the RMA’s average of 1.5‚ Hershey is 13.3% higher‚ and 41.7% higher than the RMA’s worst of 1.2. The Hershey Company has
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233 (43‚073) 2‚260‚421 Liabilities: 301 Accounts payable 223‚161 176‚790 305 306 307 308 317 401 10‚625 15‚725 23‚023 125‚000 19‚275 8‚750 15‚725 25‚000 Accrued interest Dividends payable Federal income tax payable Notes payable-short term State Income Tax Payable Notes payable-long term Total liabilities Owners ’ Equity: 501 Common stock 505 Other contributed capital 601 Retained earnings 605 Dividends 610 Current net income Total owners ’ equity Total liabilities & owners ’ equity E-1 E-1
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SWORN STATEMENT OF ASSETS‚ LIABILITIES AND NET WORTH As of December 31‚ 2012 (Required by R.A. 6713) Note: Husband and wife who are both public officials and employees may file the required statements jointly or separately. ( Joint Filing ( Separate Filing ( Not Applicable |DECLARANT: | | | | |POSITION: | | | |(Family Name)
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Merck Consolidated Balance Sheet | | | | | | € million | ------------------------------------------------- Note | ------------------------------------------------- Dec. 31‚ 2012 | ------------------------------------------------- Dec. 31‚ 2011 | ------------------------------------------------- Jan. 1‚ 2011 | 1 | Previous year’s figures have been adjusted‚ see Note [5] | | Current assets | ------------------------------------------------- | -------------------------------------------------
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Waterways Continuing Problem 1 Waterways Continuing Problem WCP1 Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrigate farms‚ parks‚ commercial projects‚ and private homes. It has a centrally located factory in a U.S. city that manufactures the products it markets to retail outlets across the nation. It also maintains a division that provides installation and warranty servicing in six metropolitan areas. The mission
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for Bryan Corporation is given below. Sales for the year were $3‚040‚000 with 75 percent of sales sold on credit. BRYAN CORPORATION Balance Sheet as at Dec.31‚ 1999 |Assets |$ |Liabilities & Equity |$ | |Cash |60‚000 |Accounts payable |220‚000 | |Accounts receivable |240‚000
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appropriation account is also prepared. It explains as to how the profit earned during the period has been distributed. Balance sheet: There is no prescribed form of balance sheet for a sole proprietary or a partnership concern. However‚ the assets and liabilities may be shown in any of the following orders: I. Liquidity order II. Permanency Order In case the concern adopts liquidity order‚ the assets which are more readily convertible into cash are taken into account
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000 Incr $2‚400 subtract (-) Investments 138‚000 114‚000 Incr $24‚000 Plant assets 270‚000 242‚500 Incr $27‚500 Less: Accumulated depreciation (50‚000) (52‚000) Decr $2‚000 Total $ 682‚500 $ 514‚750 Liabilities and Stockholders’ Equity: Accounts Payable $ 112‚000 $ 67‚300 Incr $44‚700 add (+) Accrued expenses payable 16‚500 17‚000 Decr $500 subtract (-) Bonds payable 110‚000 150‚000 Decr $40‚000 Common stock
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13 to year 14 went sales went up by 50.25 percent‚ more than the increase in accounts receivables. These cash flow problems can be perceived by the fact that the company is not generating enough cash to pay neither their current liabilities nor their long-term liabilities. Their coverage ratio for year 14 was just 0.123 and their operating cash flow ratio for year 14 was 0.167. On top of
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