The Accounting Cycle Presented to Ms. Aisha Meeks Department of Business Management College of Business Administration Alabama State University In Partial Fulfillment of the Requirements for the Course ACT.214.04 By Krystal Hall January 26‚ 2013 Memo: To: Ms. Aisha Meeks From: Krystal Hall Date: 2/26/2013 Re: The Accounting Cycle Every company has an accounting cycle. An Accounting cycle is the process that begins with analyzing and journalizing transactions and it ends with
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Riordan Manufacturing: WAN and Legacy transition problems University of Phoenix NCT520- Networking Management Riordan Manufacturing: WAN and Legacy transition problems Riordan Manufacturing’s network configuration consists of infrastructure within four locations. The headquarters is in San Jose‚ CA and the other three are in remote in Albany GA‚ Pontiac MI‚ and Hangzhou‚ China. The investigation and detail required to demonstrate transition of WAN from Legacy to current design shows sources
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Riordan Manufacturing Riordan Manufacturing is a global plastics manufacturer and industry leader in the field of plastic injection molding with locations in Georgia‚ Michigan‚ California‚ and their most current expansion in 2000 to Hangzhou‚ China. The company manufactures plastic bottles‚ fans in all sizes‚ medical devices‚ and custom plastic parts. The market for plastic bottles‚ fans‚ and custom plastic parts is affected by economic conditions (University of Phoenix‚ 2010). Understanding
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Riordan Manufacturing Process Design Proposal Package Description Riordan Manufacturing is in need of a new process for its manufacturing of electric fans. With potential bottlenecks from the current process‚ both time management and expenses have been suffering. Many factors have been taken into consideration with the new innovative process. With the utilization of the new process it is not only going to be time saving but also will illustrate overall revenue growth. The proposal will
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Riordan Manufacturing is a global plastics manufacturer. Their products include plastic beverage containers produced in Albany‚ Georgia‚ custom plastic parts produced in Pontiac‚ Michigan‚ and plastic fan parts produced in Hang Zhou‚ China (UOPX‚ 2013‚ p. 1). Riordan’s research and development is in San Jose‚ California (Corporate Headquarters). Riordan ’s main customers are automotive parts manufacturers‚ aircraft manufacturers‚ the Department of Defense‚ beverage makers and bottlers‚ and appliance
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LOGISTICS IN RIORDAN MANUFACTURING Operations and Logistics in Riordan Manufacturing Learning Team B University Of Phoenix BSA/502 June 1‚ 2009 Operations and Logistics in Riordan Manufacturing Operations and logistics form the base of every organization‚ whether in manufacturing‚ service or nonprofit industries. Operations management and logistics within Riordan Manufacturing although
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fit for Riordan Manufacturing. The Riordan mission focuses on leading and exceeding industry standards for quality‚ including those set by the ISO 9000. Riordan’s competitive strategy includes leading industry research and development which gives the organization opportunity to adapt to external factors ahead of competitors. Developing new and innovative materials and ones that are environmentally sustainable satisfies Riordan’s desire to be "a solution provider for our customers" (Riordan Manufacturing
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OPS/571 September 29‚ 2014 Aaron Manley Manufacturing Strategy Riordan Manufacturing uses a stable workforce with variable work hours as the production strategy. “Riordan Manufacturing ’s China plant operates as a decentralized unit of Riordan Manufacturing. It prepares its own forecast of electric fan sales throughout the world‚ which includes the United States. ”Riordan schedules production of these fans to meet the forecasted sales” (Riordan‚ 2014‚ Operations‚ p. 1). The benefits of using
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solvency ratios regarding the Riordan Manufacturing Inc‚ it has revealed that the company is able to pay its debts to the creditors and investors. The liquidity ratio is good for our investors‚ creditors and bankers so that they can see that we can pay off our debts. With the profitability ratio‚ it comes in handy for the company when trying to find out if we have made any profit for the year or it we have lost money. With using the profitability ratio that accounting team has found a profit margin
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Accounts Receivable Cycle Riordan Manufacturing‚ an industry leader in the field of plastic injection molding‚ has facilities in California‚ Georgia‚ Michigan and China. The accounting functions are carried out in each individual location‚ and consolidated for processing in the corporate offices in California. The Georgia and Michigan locations‚ being newly acquired‚ are using systems that are not completely compatible with the corporate offices. This is causing problems on many levels and within
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