A1. a. Horizontal Analysis INCOME STATEMENT Years 6 and 7 REVENUE Net sales for Competition Bikes‚ Inc. increased 33% from year 6 to year 7. This yielded a 31.8% increase in costs of goods sold. Gross profit in year 7 was up by 37.5%. This is done by subtracting the cost of goods sold (3‚294‚000) from net sales (4‚485‚000) and resulting in the 37.5%. Their overall net earnings increased 313.4% in the course of year 6 to year 7. That is roughly three times their previous earnings. This growth
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Human Resources Task 2 Jdt2 Human Resources | Main Event Solutions | Memo To: CEO From: elementary division manager CC: Date: 9/1/2012 Re: Urgent Elementary Toy This memo is report about defective product being shipped. This memo also discusses how to handle the defective product and possibly saving Main Event Solution money without hurting customers. This memo also discusses the risk and reward for each situation. Decision Process When determine alternative choices
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Task 2 Financial Analysis Karen Wilson A. Summary Report A budget is a numerical expression of revenues and expenses for a specific period of time. (Sullivan‚ 2003) It expresses plans of business units in measurable terms. This document is a guide for predicting performance situations. The budget should assist the company in planning use of its resources and providing direction. Concerns: Sales: Sales for FY 8 decreased by 15% when compared to FY7. The decline in sponsorships for the professional
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Competition Bikes‚ Inc. Budget Summary Report A1. Concerns Upon reviewing the Competition Bikes Inc. (CBI) Budget Schedules and ProFormas for Year 9‚ there are a few concerns that should be analyzed. The first is the forecasted sales in units. The forecast for year 9 is 3‚510 units‚ which is a 3.2% increase over the 3‚400 units sold in year 8. The storyline mentions the economic downturn‚ which has led to a decrease in bike sales. It can take some time to recover sales lost during an economic
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EGT 1 Task II A. Elasticity of demand is the consumer’s response to the change in price. The demand of a product varies with the price. There are three categories of elasticity of demand; elastic‚ inelastic and unit elasticity. Elastic demand is one in which the change in quantity the consumer demands is due to the change in price of the product being larger. Inelastic demand is one in which the change in quantity demanded due to a change in price is small. Inelastic demand usual causes
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Task Two: Nutrients‚ energy and requirements (P2‚ M1) Knowledge of the sources and functions of different nutrients is essential to understanding the relationship between food and health. Create a handout for your peers‚ that describes the characteristics of nutrients and their benefits to the body (P2). Create a second handout that discusses the similarities and differences in the nutritional and energy requirements of two groups of individuals (M1). Protein Proteins are key components
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Financial Analysis Task 2 A1. Concerns There are a couple of concerns with Competition Bikes Inc.‚ ProForma for year 9. The first concern is the amount of money that is allocated to research and development. For the previous three years‚ they have been all over the board with their budgets. The sixth year was $71‚460‚ the seventh year was $98‚280‚ and the eight year was $82‚284. This is concerning that the budget has fluctuated so much. In the ninth year they have allocated $85‚861. This budget
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Human Resources Task #2 A.(1) Decision Alternative The three possible alternatives that could be implanted to resolve the whistle problem are as follows: The company could consider reproducing and repackaging the whistles since it did not meet the lead requirements. The company could consider changing the market age group; the product could be targeted for kids above 8 years old. The company could send the shipment to another country whose lead requirements meet the amount detected
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Task 2 – Information Booklet. ‘Nutrition and the effects on health’. P1‚P3‚M2‚D1. This booklet will contain: What nutrients are and how they affect our body‚ malnutrition‚ deficiency etc. The guidelines which determine nutritional health including dietary reference values (DRV)‚ what a balanced diet is and how to maintain this‚ what BMI is and how to calculate it‚ the eat well plate‚ I will explain possible influences on dietary intake‚ assess how these influences may affect the nutritional
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activities that improve the mind‚ such as reading and doing word puzzles. Other people feel that it is important to rest the mind during leisure time. • • You should write at least 250 words. You should spend about 40 minutes on this task. IELTS Writing Sample #2 We have been living in the nuclear age now for over half a century. Since the first atomic bombs were developed‚ nuclear technology has provided governments with the ability to totally destroy the planet. Yet the technology has been
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