Padgett Paper Products Case Study Solution This solution is set-up in the order if you were to present this case. Case Solution Outline -Summary -Company -Market -Product -Projections -Options -Current Capital Structure -Proposed Capital Structure -Review Summary Objective: To find a mutually acceptable debt structure that will minimize lender risk while increasing company value. Constraints: 1) realistic cash flow projections‚ 2) Bank safety levels Situation for each Business Group Bank:
Premium Finance Corporate finance
Unlawful dismissal or retrenchment is where the workman whose service has been terminated feels he has been dismissed without just cause or excuse by his employer. In developed countries‚ unlawful termination is covered under the law and such cases of such will be referred to the Industrial Relations Department. Apparently‚ termination of service is permitted by law for operational reasons‚ which is commonly known as redundancy. However‚ the decision to retrench certain employee may be declared
Premium Employment Termination of employment Law
(1) Consolidated Statement of Income Operating Revenues Revenue from services Sales revenue Less: Credit Card Discount Less: Sales Discount Less: Sales Returns & Allowances Total revenues Operating Expenses Cost of goods sold Salaries expense Rent expense Advertising expense General and administrative expenses Depreciation expense Other operating expenses Total expenses Operating Income Other Items Investment income Interest expense Loss on PPE sold Income before Income Taxes
Premium Generally Accepted Accounting Principles Balance sheet Revenue
PART I MULTIPLE CHOICE QUESTIONS Use the following information for questions 1-4: Seasons Construction is constructing an office building under contract for Cannon Company. The contract calls for progress billings and payments of $1‚240‚000 each quarter. The total contract price is $14‚880‚000 and Seasons estimates total costs of $14‚200‚000. Seasons estimates that the building will take 3 years to complete‚ and commences construction on January 2‚ 2014. 1. At December 31‚ 2014‚ Seasons estimates
Premium Inventory Revenue Balance sheet
CONFIDENCE INTERVAL FOR THE MEAN PROBABILITY RULES LINEAR REGRESSION PREDICTION INTERPRETING P VALUE VISION EXTERNAL AND INTERNAL Score: 20 / 20 ENVIRONMENTS OBJECTIVES AND 100% 8 100% 9 100% 10 100% 11 100% 12 BALANCE SHEET 100% 13 FIFO AND LIFO 100% 14 INTERNAL CONTROLS 100% 15 100% 16 GOALS SOCIAL RESPONSIBILITY STRATEGIC CONTROL FINANCIAL STATEMENTS GAAP (GENERALLY ACCEPTED ACCOUNTING PRINCIPLES) DEPRECIATION AND AMORTIZATION CALCULATING INTEREST EXPENSE 100% 17 100% 18
Premium Balance sheet Internal control
ANSWERS 1 a) 1 b) 1 c) 1 d) 1 e) 1 f) This transaction has no effect on the balance sheet since this is only an order‚ no financial value. 1 g) 1 h) 1 i) 1 j) 2 a) a] b] c] d] e] f] g] h] j] k] l] 2 b)
Premium Balance sheet Inventory Depreciation
Financial Statement: A Summary report which quantitatively describes the financial health of a company Purpose of financial Statement: The objective of financial statements is to provide information about the financial position‚ performance and changes in financial position of an enterprise to the shareholders and lenders. it is useful to a wide range of users in making economic decisions. Components of Financial Statement: Profit & Loss Statement / Income Statement Retained earnings
Premium Generally Accepted Accounting Principles Depreciation Balance sheet
S.W.O.T. Analysis of Enron MBA 503 University of Phoenix 05/10/06 Describe the Situation "Enron is now officially out of the energy business. They are now in a new business: confetti." Jay Leno http://politicalhumor.about.com/library/blenronscandal.htm It is a shame that one of the most powerful companies has now gone out of business‚ had reputations destroyed and used millions of tax payers dollars on court costs; all due not having good business ethics. This paper
Premium United States Finance Oxygen
descriptions are given‚ one being those that are often sought for by drug abusers. The consequences that a doctor or pharmacy may face are dire. For example‚ in late 2014‚ the DEA along with the Colorado U. S. Attorney’s Office filed charges against Walgreens Corporation for a dispensing violation for civil penalties under the Controlled Substances Act (Larrat‚ 2014; Ruble‚ 2013). Among these charges were fraudulent prescriptions‚ filling prescriptions written by a physician in violation of DEA regulation
Premium
and finally 140 units for $8. At the end of the month‚ 180 units remained. Compute the amount of phantom profit that would result if the company used FIFO rather than LIFO. Explain why this amount is referred to as phantom profit. The company uses the periodic method. The cost of goods sold is $240 less when FIFO is used then when LIFO is used. This is the amount that is the phantom profit. It is considered to be the “phantom profit” because when using FIFO it matches the current selling prices to
Premium Inventory Internal control