Class Discussion 1. Dartmouth Inc’s latest net income was $1‚250‚000‚ and it had 225‚000 shares outstanding. The company wants to pay out 45% of its income. What dividend per share should it declare? 2. Garcia Industries has sales of $200‚000 and accounts receivable of $18‚500‚ and it gives its customers 25 days to pay. The industry average DSO is 27 days‚ based on a 365-day year. If the company changes its credit and collection policy sufficiently to cause its DSO to fall to the
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Centre Number Surname Other Names Candidate Signature Candidate Number For Examiner’s Use Examiner’s Initials Question Mark General Certificate of Secondary Education June 2011 1 2 3 4 5 6 Design and Technology: Graphic Products Unit 1 Written Paper Friday 10 June 2011 1.30 pm to 3.30 pm 45501 7 For this paper you must have: a black fine-line pen‚ a pencil‚ a ruler‚ an eraser‚ a pencil sharpener and coloured pencils. TOTAL Time allowed 2 hours Instructions Use black
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media portray accounting numbers‚ such as profits‚ as some sort of ‘hard’ and objective performance indicator? Why do you think they might do this‚ and‚ if they do‚ what are some of the implications that might arise as a result of this approach? In making this judgement‚ students should consider the various articles that frequently appear in newspapers and various discussions that occur on television and radio in relation to an organisation’s profits.
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CHapter 16 THE BEHAVIOR OF COSTS Changes from the Twelfth Edition All changes to Chapter 16 were minor. Approach We have retained our approach of putting all C-V-P topics in a single chapter because many schools’ marketing and management accounting core courses start simultaneously‚ and marketing likes to have break-even analysis covered early in the management accounting course. Also‚ if there are students in the course with work experience or‚ in the case of MBA courses‚ with some
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Markup definition A percentage added to the cost to get the retail selling price. Example: A widget bought for $5 and sells for $10 has a mark-up of 100%. (Add $5 to the $5 cost to get the price.) A widget bought for $2‚ which sells for $3‚ has a mark-up of 50%‚ (Add $1 to the $2 cost to get the price.) Sales Percentage Increase or Decrease Calculator Calculate Percent Difference of Retail Sales Do you need to know how much retail sales were up or down compared to last year’s sales figures
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SAMPLE ANSWER FOR QUESTION 5 Profit-making is one of the most traditional‚ basic and major objectives of a firm. Profit-motive is the driving-force behind all business activities of a company. It is the primary measure of success or failure of a firm in the market. Profit earning capacity indicates the position‚ performance and status of a firm in the market. In spite of several changes and development of several alternative objectives‚ profit maximization has remained as one of the single most important
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expression for the shear stress. [4 marks] b) An ice hockey puck traverses the ice on a thin sheet of water. A puck struck by an ice hockey player Initially travels at a speed of 20 m/sec‚ the thin layer of water between the puck and the ice has a thickness of 0.2 mm calculate the shear stress if the viscosity of the water is 0.0018 kg/m sec. [8 marks] A puck has an approximate diameter of 80 mm‚ calculate the initial drag force on the puck. [5 marks] c) In the figures below
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NOT-FOR-PROFIT ORGANISATIONS 13 2 Not-for-profit organisations Key points Many not-for-profit organisations (NFPs) feel they are poorly understood by government and the general public. Pressures to be more efficient have seen overhead spending reduced at considerable detriment to effectiveness and improved resource allocation over time (allocative efficiency). The sector is diverse‚ but NFPs display some common behavioural patterns: – Whereas the behaviour of for-profit business is driven mostly
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performance in a competitive market area. This report consists of two main sections. First section is to analyse the objectives‚ strategies and outcomes of the business for first three years in detail. Secondly‚ a financial analysis such as total revenue and net income analysis will be done through different data graphs. 2. Overview of Business Plan for the last three years 2.1. Positioning and Mission statement Hotel positioning Crystal Hotel is positioned as a quality 3-star hotel. It is located
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because fixed costs take longer to get back. That is why the relevant range is important for a fixed cost‚ since you can estimate the amount. 2-8. The major assumption that underlies CVP analysis is the effects of output volume on revenue‚ expenses‚ and net income. When you know what the effects are you can then figure out where you can improve or make cuts. 2-9. I agree with this statement because any
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