Steven Kruid 005311499 Wal-Mart Case Assignment What impresses you about the company? What accounts for Wal-Mart’s success over the past 25+ years? Is it a great strategy‚ superb strategy implementation and execution‚ or great leadership? What aspects of Wal-Mart do you find unimpressive? Which of the five generic strategies is Wal-Mart employing? What are the chief elements of its strategy? The generic strategy that Wal-Mart employs is mainly a low-cost leader. This is evident by the
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Liquidity Ratios 2012 2011 Current Ratio 20‚025/24‚025=0.83 17‚003/27‚075=0.63 Quick Ratio (7‚138+10‚744)/24‚025=0.74 (6‚252+9‚259)/27‚075=0.57 Activity Ratios Receivable Turnover 46‚417/((10‚744+9‚259)/2)=4.6 45‚884/((9‚259+8‚784)/2)=5.1 Inventory Turnover 31‚546/((486+537)/2)=61.7 30‚814/((537+433)/2)=63.5 Profitability Ratios Rate of Return on Assets 7‚003/((139‚576+151‚220)/2)=4.8% 7‚870/((151‚220+156‚985)/2)=5.1% Rate of Return on (7‚003-56)/((78
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in debt at 10% $5‚000 in equity Both Firm A and Firm B- sell 10‚000 units @ 2.50 Variable cost- $1 Fixed Cost- $12‚000 a. What is the operating income (EBIT) for both firms? Firm A EBIT = Revenue - Operating Expenses = $2.50*10‚000 - $1*10000 - $12‚000 = $3‚000 Firm B EBIT = Revenue - Operating Expenses = $2.50*10‚000 - $1*10000 - $12‚000 = $3‚000 b. What are the earnings after interest? The earnings after Interest are: Firm A $3‚000-$0=$3‚000 Firm B $3‚000-10%*$5
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Should Main Line’s maximum and minimum lost profit amounts be revised downward for the following? Why? a. The domestic distribution revenues of $3 million because the deal had not been finalized. Answer: No‚ the amounts should not be revised due to the fact that this amount was an estimate of future cash flows from domestic distribution. Just because the deal had not been finalized does not matter in this instance. b. The $800‚000 of foreign pre-sales because
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Question 1 of 50 Which of the following is usually the largest current asset for a retailer? Inventory Question 2 of 50 In which journal would a return of merchandise purchased on account be recorded? The general journal Question 3 of 50 To find an error‚ you start with the trial balance and work your way back to which of the following? The financial statements you start with the trial balance and work your way back through the ledger and the journal to the transaction
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What is a static budget? A static budget is a budget that does not change as volume changes. If a company’s annual master budget is a static budget‚ the budget for sales commissions expense will be one amount such as $200‚000 for the year. In other words‚ in a static budget the budgeted amount for sales commissions expense will remain at $200‚000 even if the actual sales during the year are $3 million‚ $4 million or $5 million. In contrast to a company’s static master budget‚ the company’s sales
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(b) P – Simple to set up and maintains control with owner (c) C – Easier to transfer ownership and raise funds‚ no personal liability BE 1-2 1. Trying to determine whether the company complied with tax laws. (E) Internal Revenue Service 2. Trying to determine whether the company can pay its obligations. (C) Creditors 3. Trying to determine whether an advertising proposal will be cost-effective. (B) Marketing Manager 4. Trying to determine whether the company’s net income
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optimistic option‚ a double mold is needed since the total required production exceeds the maximum amount for the single mold. Selecting Decision Criteria • Low additional investment • High revenues with low expenses • Return on Investment • Break Even Analysis Analyzing and evaluating alternatives Break Even = Revenues - Expenses = 0 Single Mold = x(1.82) - x(1.215) - x(0.162) - 63‚975 63‚975 = x(0.443) 144‚413 = Break even units/year Single Mold (pessimistic and expected) = 12‚035 units/month
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suggesting a two-tiered solution for Jurlique: 1. 2. Remain in China and focus on revenue growth. Refine marketing and branding to better communicate the company’s core competencies and values. As a result‚ Jurlique can create sustainable growth leveraging on its current strengths‚ yielding revenue between 200 and 250 MM by 2018. Believe 100% in Nature. Do you? 5 Situational Analysis Source: 6 Key Issues Drive for revenues growth Risk of conflict with parent company Risk of alienating core customers
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setting up of the European Coal & Steel Community (ECSC) in 1951. Its objective was a free market in coal and steel between the founding countries of France‚ West Germany‚ Italy‚ Belgium‚ Luxembourg and the Netherlands. Daniel McAleese became Revenue Commissioner when Seán Mac Cormaic retired in 1950. A native of Lurgan‚ Co. Armagh‚ McAleese was also working in the Custom House on the day it was burned. A noted member of Clonliffe Harriers and the Central Council of the National Athletic &
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