give L.L. Bean their profit margin‚ which in turn relates to the cost of understocking. The annual cost for understocking in the case is $11 million. They also need to figure their overstocking costs. Taking the original cost of the item minus the liquidation value will give them the loss for failing to sell that item‚ in essence overstocking an item. L.L. Bean has an annual cost of $10 million for having too much of the wrong inventory‚ according to the case. Another cost that is involved with overstocking
Premium Forecasting Profit Cost
1. Describe clearly the accounting changes Harnischfeger made in 1984 as stated in Note 2 of its financial statements. Prior to 1984‚ the Corporation used principally accelerated methods for its U.S. operating plants. The cumulative effect of this change‚ which was applied retroactively to all assets previously subjected to accelerated depreciation‚ increased net income for 1984 by $11.0 million or $.93 per common and common equivalent share. The changes as defined in Note 2 are as follows:
Premium Balance sheet Generally Accepted Accounting Principles Income statement
A COMPREHENSIVE PROJECT REPORT ON “A Comparative study on Direct Equity Investing and Mutual Fund Investing ” Submitted to (Gujarat Technological University) IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF THE AWARD FOR THE DEGREE OF MASTER OF BUSINESS ASMINISTRATION UNDER THE GUIDANCE OF Faculty Guide Prof.Yash Bhatt [Assistant Professor] Submitted by Makwana Mehul (137690592047) Rathod Amarjit (137690592100) [Batch: 2013-15] MBA SEMESTER
Premium Investment Mutual fund Stock market
market opportunity‚ market penetration strategy‚ and market development metrics.” In simple terms‚ market intelligence is information that is gathered for the purpose of making business decisions. It is largely synonymous with market research‚ the systematic gathering‚ recording‚ analysis and interpretation of information about a company’s markets‚ competitors and customers. * Types of Intelligence Sources Intelligence can be described as the summary of internal and external data and information
Premium Competitor analysis Marketing Competitive intelligence
Harnischfeger Corporation‚ a large New York Stock Exchange company‚ faced a financial crisis in 1982. New management was appointed to turn the company around and as part of its restructuring strategy‚ the new management team made a number of financial reporting policy changes and accounting estimates in fiscal year 1984. Listed below are all of the changes and analysis on whether they might be real earnings management activities. In addition‚ the effect of these changes on the company’s revenue‚
Premium Generally Accepted Accounting Principles Income statement Revenue
Collection/Remmitance for the year 2013 of January to December with their Date of Collection‚ Balance last Report‚ Serial No‚ form number Date of Invoice Receipts‚ Received‚ Issued‚ from‚ to‚ Balance on Hand/Serial No‚ Collector‚ Liquidation officer‚ Amount Collected‚ Date of Remittance‚ Date of Liquidation‚ Total & Request. 5. This week we encoded the Collection of Water System/Remmitance for the year 2013 of January to December. 6. This week we also encoded the Summary of Santa Maria Loans with their DV#‚ Date
Premium
method from accelerated to straight line method. Increase of $11 million in 1984 income • Change on the company’s net residual value. Increased net income in $ 3‚4 millions c. Inventories Liquidation: • The company had a $ 2‚4 million increase in its net income‚ as a result of LIFO inventory liquidation. 2. What do you think are the motives of Harnischfeger´s management in making the changes in its financial reporting policies? Do you think investors will see through these changes?
Premium Revenue Generally Accepted Accounting Principles Income statement
© Journal of Mathematics and Technology‚ ISSN: 2078-0257‚ No.4‚ October‚ 2010 BALANCE SCORECARD OF DAVID’S STRATEGIC MODELLING AT INDUSTRIAL BUSINESS FOR NATIONAL CONSTRUCTION CONTRACTOR OF INDONESIA Anik Ratnaningsih ‚ Nadjadji Anwar ‚ Patdono Suwignjo ‚ I Putu Artama Wiguna 1 1 2 3 2 Doctorate Programme of Civil Engineering‚ Institut Teknologi Sepuluh Nopember; Lecturer of Civil Engineering Department‚ Universitas Jember‚ Jember. 2 3 Professors of Civil Engineering Department‚ Industrial
Premium Strategic management
Chapter 5 Strategies in Action 1) Long-term objectives represent the results expected from pursuing certain strategies. 2) Objectives provide direction and allow for organizational synergy. 3) Strategic objectives include those associated with growth in revenues‚ growth in earnings‚ higher dividends‚ larger profit margins‚ and improved cash flow. 4) Strategic objectives include larger market share‚ quicker on-time delivery than rivals‚ shorter design-to-market times than rivals‚ lower
Premium Bankruptcy in the United States Strategic management
Introduction to Partnership Accounting Sole Proprietorship – owned by one person assume the profit and expenses Service – oriented business – engages in rendering services Merchandising businesses – buy and sell goods for profit Partnership – composed of two or more persons to contribute to a common fund for a profit that will be divided among themselves Money and property include: cash‚ investment in trading securities‚ trade and other receivables‚ prepaid expenses‚ PPE Industry: service‚ labor
Premium Partnership Corporation Types of business entity