temporary accounts once each year on December 31. The company recently issued the following income statement as part of its annual report. GERDES PSYCHOLOGICAL SERVICES‚ INC. Income Statement For the Year Ended December 31‚ 2007 Revenue: Counseling revenue……………………………. | | $225‚000 | Expenses: | | | Advertising expense…………………………... | $ 1‚800 | | Salaries expense………………………………. | 94‚000 | | Office supplies expense………………………. | 1‚200 | | Utilities expense………………………………. |
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profitability‚ it does not address the competitive advantage sustainability. Easy product and service imitation‚ along with highly competitive industry environment‚ will force JetBlue to continuously look for ways to reduce operational costs and increase revenue‚ while maintaining the competitive advantage that JetBlue has capitalized on during the last decade. In Exhibit 3 you will find a SWOT analysis‚ which summarizes strengths‚ weaknesses‚ opportunities and threats that JetBlue will have to address.
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analysis to determine which artists to attract and what kinds of contracts to have with these performers. The Pavilion has two types of customers (paying ticket holders and free ticket holders) and earns profits from three types of revenues (ticket revenues‚ concession revenues‚ and parking fees). The case requires you to identify the best strategy for different types of artists‚ conduct cost-volume-profit analyses‚ consider the strategic issues related to operating leverage and how this affects the choice
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proper management and necessary strategic investments‚ Natureview was able to grow its revenue from less than $100‚000 in 1989 to $13M in 1999. The problem the current management team is faced with now‚ in early 2000‚ is that the venture capital firm wants to cash out and Natureview needs to find another investor or position itself for acquisition. In order to do so‚ Natureview needs to increase its annual revenue from $13M to $20M‚ by the end of 2001. Natureview’s success in the natural foods channel
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42‚978 * 19 + 47‚275.8 * 10 = $1‚289‚340 for all weekend games expected ticket revenue: 1‚359‚035.04 + 1‚289‚340 = $2‚648‚375.04 2) Bees’ reported revenue would have to be within $100‚000 or a little more for it to be considered reasonable or fairly stated. There could be a number of reasons reported ticket revenues may be outside the reasonableness range”. Simply put‚ I could have figured the expected revenue incorrectly with the information I was given(which could make me completely off in
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details are very scarce and this is due to the Jumpstart Our Business Start-ups Act. This allows companies with less than $1 billion in revenue can file for IPOs without having to disclose much of anything about their underlying operations until at least 21 days before their “roadshow.” Because of this‚ Twitter did not have to reveal any information about revenues‚ valuation‚ executive compensation‚ or even business strategy. This is the first company that we have seen use this JOBS act that was put
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investment‚ and credit activities Objective: Classify transactions using the rules of debit and credit. 3. Which accounts have a normal credit balance? a. Assets and expenses b. Liabilities and expenses c. Assets and revenue d. Liabilities and revenue 4. A debit entry may indicate which of the following: a. An increase in an asset account b. A decrease in an asset account c. An increase in a liability account d. An increase in a capital account Objective: Journalize
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Term __D___ 1. Prepaid Rent A. Accrued Revenue __B___ 2. Salaries Payable B. Accrued Expense __C___ 3. Unearned Revenue C. Deferred Revenue __A___ 4. Interest Receivable D. Deferred Expense Fill in the blank:
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get a concise understanding of where problems are within the company ’s operations the following factors were considered and examined: the annual percentage change in net income per common share diluted‚ net income/net revenues‚ the major income statement accounts to net revenues‚ return on stockholders ’ equity‚ the price/earnings (P/E) ratio‚ and the book values per share for each year. In order for Sun Microsystems to see a greater return in its bottom line assets it must consider an alternative
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Q4 2012. Mosaic was hired to meet a set of goals set by Mercury’s Board of Directors (BOD). ------------------------------------------------- The Board’s goals for Mercury were as follows: increase stock performance‚ revenue‚ and EBITDA each by 10 - 15%; double top line revenue; achieve the number three position globally. Some of challenges met while working towards the goals were avoidable while others were out of the control of either company. Mosaic strived to meet and exceed the BOD’s expectations
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