Ratios and Financial Planning at East Coast Yachts 1. Current Ratio= Current Assets/Current Liabilities = 17‚582‚000/23‚689‚300 = 0.74 Quick Ratio = (Current Assets – Inventories)/Current Liabilities =(17‚582‚0007‚363‚700)/23‚689‚300 =0.43 Total Asset Turnover = Sales/Total Assets =234‚‚300‚000/130‚338‚900 =1.8 Inventory Turnover = Cost of Goods Sold/Inventory =165‚074‚000/7‚363‚700 =22.41 Receivables Turnover = Sales/Accounts Receivable =234‚300‚000/6‚567‚600 =35.68 Total Deb
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Chapter 11 THE STATEMENT OF CASH FLOWS Problems Problem 11-1 |2003 sales |$8‚743‚000 | |Less: Change in accounts receivable | (70‚000) | |Cash generated from sales during 2003 |$8‚673‚000 | Problem 11-2 a. Issuance of a 12-month note in return for $2 million cash is a financing source of cash. Use
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Case Analysis- AstroTurf Lobbying AstroTurf Lobbying is a political organization or campaign that appears to be made up of grassroots activists. These organizations or campaigns are actually organized and run by corporate interests seeking to further their own agendas. The organizations are introduced with names that are made to disguise the group’s true intentions. There are many problems with AstroTurf Lobbying. AstroTurf Lobbying is an emerging issue that needs to be taken care of quickly
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A Capital Budgeting Decision — Gillette Prepared by Ray Kerlagon The following capital budgeting situation is up for review. Things to consider include: Identification of incremental cash flows. Any working capital requirements and/or sunk costs. What is the appropriate capital budgeting technique? How should we address risk? What is the cost of capital? What is the project’s IRR? PROJECT DEFINITION: A market research study was conducted in 1997 at a cost of $1‚500‚000 that indicates a high receptivity
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to take on something ‘bigger and bolder’?? World Bank (2001) with its Urban Transport Strategy Review alleged that the public transport has a very poor image and reputation. It is associated with very low earnings and exploited crews. In the case of the Philippines‚ we see how ‘boundaries’ set by transport operators leads to the despicable behaviour of drivers‚ thus contributing to the negative image of the sector. Moreover‚ urban congestion‚ adverse environmental impacts resulting from the
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authority to accept the process on behalf of Harvestons or the Texas Securities Commissioner and the return of service does not show a valid manner of service. At last‚ the appellate court of Texas reverse the trial court’s default judgment and remand this case for further proceedings. Issues: (a) Did the return of service shows that process was delivered to someone other than the one named in the citation? (b) Did JoAnn Kocerek has the authority to accept process on behalf of Harvestons or the Texas
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1. Describe the internal labor market of the company in terms of job stability (staying in the same job)‚ promotion paths and rates‚ transfer paths and rates‚ demotion paths and rates‚ and turnover (exit) rates. ANSWER: Sales Department (Full-time) 50% of the sales department stayed the same it was no changes 10% of the full-time transferred to a part-time position 5% of the full-time was promoted to an Assistant Sales Manager 0% of the full-time was promoted to Regional
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1. Why is the BlackBerry controversy prominent in Asia‚ particularly in the Middle East‚ and not anywhere else in the world? The blackberry controversy is prominent in Asia‚ particularly in the Middle East‚ and not anywhere else in the world because of the instability of the region‚ government corruption‚ and restricted freedoms. The governments in the Middle East are under threat and need all of the information on potential terrorist plots so they can get to protect their sovereignty. In order
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QUESTION 1: What is the practical application of text mining? Text mining can be applied in different ways. In this section‚ I will discuss 4 ways in which text mining is used. A. Search Engines Text mining can be used to create suggestions or recommendations based on user input; the Google search engine is a good example of this. As per Figure 1.1 below‚ if a person were to type the word ‘Education’ in the search engine‚ Google would retrieve results containing the word ‘Education’ in the
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Prepared for Professor Schaumann Sales Management MKTG577 Keller Graduate School of Management January 24‚ 2014 Table of Contents Statement of the problem – Current sales style conflict p. 3 Summary of the Facts – History of Omnico sales p. 3 Analysis – Detailed look at effective tools p. 4 Recommendations – What next? p. 5 References p. 6 Statement of the problem The issue this company is dealing with
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