Sample Question 5312 Fall 2009 Student:___________________________________________________________________ 1. Corporate governance include concerns about: A. business ethics and social responsibility. B. the responsibilities of the board of directors. C. equitable treatment of stakeholders. D. disclosures and transparency. E. all of the above. 2. The most powerful corporate governance legislation to date has been: A. the Sarbanes-Oxley Act (SOX) of 2002. B. the creation
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Table of Contents Introduction The objective of this report is to provide Mr. Paul Harvey‚ president with the detailed reasoning for the decisions recommended and also to figure out which products are losing money. As the company is operating in an oligopoly and has somewhat medium market share‚ setting our own prices is not an option. The giant Samra announces the prices for the products annually‚ and the other eight companies in the industry follow the price. Problem The organization
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Chapter 14 Working Capital and Current Assets Management Solutions to Problems P14-1. LG 2: Cash Conversion Cycle Basic = Average age of inventories + Average collection period = 90 days + 60 days = 150 days (a) Operating cycle (OC) (b) Cash Conversion Cycle (CCC) = Operating cycle − Average payment period = 150 days − 30 days = 120 days = (total annual outlays ÷ 365 days) × CCC = [$30‚000‚000 ÷ 365] × 120 = $9‚863‚013.70 (d) Shortening either the average age of inventory or the average collection
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Running Head: THE SCOOTER COMPANY CASE STUDY PART A: How many units of TEES and ROOS would the company have to produce and sell to the above customer in order to maintain the normal operating income after taxes ($275‚000)? Note: Contribution Margin/Unit = Revenue/Unit – Variable Costs/Unit In this case‚ Overhead Costs‚ Direct Materials‚ Direct Labor‚ and Machine Hours are all Variable Costs TEES: ROOS: Revenue/Sales $95.00/unit $100.00/unit Variable Costs: “B” Coefficient (Production/Overhead
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came out in ensuing the discussion: [pic] It is obvious why ISD take Display tech as their supplier‚ a total cost difference of € 39‚500. Thus‚ Heidelberg price would result in ISD negative gross margin. Even though if we look in terms of contribution margin‚ ISD will still get positive numbers if they took the display monitor from Heidelberg‚ but looking at the objective of having the X73 as the next best thing in a competitive market‚ longer term it would not be viable for ISD to continue
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powerful tool for planning and decision making. Operating Income = Total revenue – Total Expense Contribution margin is the difference between sales and variable expense. It is the amount of sales revenue left over after all the variable expenses are covered that can be used to contribute to fixed expense and operating income. Contribution Margin = Price – Variable cost per unit Contribution Margin Ratio = Break-even point in number of units and in total sales dollars: At breakeven‚ total
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Business plan Raymond ’s Sports Cafe All the comments in the following business plan are based on the waiter Raymond Reed’s start of a sports cafe in the better part of a big city. Raymond ’s Sports Cafe is a fictitious company that is exclusively designed to serve as an example of how a business can be disposed. See template for this business plan on www.dynamicbusinessplan.com Contents BACKGROUND INFORMATION ..............................................................................
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this example suppose that you manufacture regular and premium golf carts. The selling price‚ variable costs and manufacturing times are as follows: Regular Premium SALES PRICE $ 8‚000 $ 10‚000 VARIABLE COST 5‚600 6‚500 CONTRIBUTION MARGIN $ 2‚400 $ 3‚500 Assembly hours 20 50 Inspect and Test 5.0 2.5 Your company currently has 10‚000 hours available for assembly and 1‚200 hours for inspection and testing.
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Chapter 9: Budgeting Discussion Questions 9.1 State the different types of budgets that may be prepared. Different budgets include: sales or fees budget; operating expenses budget; production and inventory budgets; budgeted income; cash budget; budgeted balance sheet; and the capital budget. P9.7 Preparation of receipts from debtors schedule and cash budget Ken Martin‚ manager of Lonnie Car Repairers‚ has requested that you prepare a cash budget for the months of December and
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1. Haar Inc. is a merchandising company. Last month the company’s cost of goods sold was $61‚000. The company’s beginning merchandise inventory was $11‚000 and its ending merchandise inventory was $21‚000. What was the total amount of the company’s merchandise purchases for the month? A. $61‚000 B. $51‚000 C. $71‚000 D. $93‚000 Purchases = Cost of goods sold + Ending merchandise inventory - Beginning merchandise inventory = $61‚000 + $21‚000 - $11‚000 = $71‚000 2. Gabruk Inc. is a merchandising
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