Case Study I Materials purchased $325‚000 Direct Labor $220‚000 Sales $1‚350‚000 Gross Margin 30% Cost of Goods Available for Sale $1‚020‚000 Prime Costs $545‚000 Manufacturer Overhead 65% of Conversion cost Direct Materials $325‚000 Beginning Inventory numbers: Raw Materials $41‚000 Works in Process $56‚000 Finished Goods $35‚000 Formulas: Prime cost = Direct Materials cost + Direct Labor cost Conversion cost = Direct Labor cost
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Assignment #1 – “The Patient Protection and Affordable Care Act” Terizian Ghourghy Dr. Daniel W. Jackson HSA 505 Health Services Strategic Marketing July 10‚ 2011 1. Determine how this Federal law will affect market-driven and non-market driven decisions. The Patient Protection and Affordable Care Act will have a great effect on the market-driven The concept of "market-driven management" is practiced with great success by many of the world’s leading corporations. But‚ it is a concept
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Nikki Utt August 26‚ 2013 Case Study 1-6: Accounting in Crisis A) Reliable financial reporting is important to businesses and investors especially when a financial crisis forms and a company’s fundamentals are put to the test. In the early 2000’s the U.S and Canada were affected by the recession that had spread to other countries including Russia‚ Europe and Japan (Wikipedia‚ 2013). Many believe that the recession was caused by the economic boom of the late 1990s with minimal inflation
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70% 45‚000 / 63 63 714.2857143 or 714 Cars e) After tax income = $ 750‚000/ ( 1 – tax rate) $ 750‚000/ ( 1 – 0.30) $ 750‚000 / 0.70 $1‚071‚429 f) Net Income with discount = $ 495‚000 Net Income with discount for normal operations = $ 5‚355‚000 Pre Tax Net Income = $ 5‚850‚000 ($495‚000 + $5‚355‚000) g) 1) No they should not Contribution margin = $175 - $70 or $105 per passenger 90X .60 = 54 seats
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MKT 505 Dr. Benjamin Bao 4/22/2012 MKT 505 Dr. Benjamin Bao 4/22/2012 By: Brandon Lamond Meadows By: Brandon Lamond Meadows ACER ANALYSIS ACER ANALYSIS ACER ANALYSIS Founded in Taiwan‚ Acer is a multinational manufacturer of electronics. They also happen to own the largest franchised personal computer retail chain that exists in Taipei‚ Taiwan. It is also the 3rd largest personal computer manufacturer in the world behind Hewlett Packard and Dell Incorporated. Their product line
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ASSIGNMENT (Stage 1) ACCT 11059 – Using Accounting For Decision Making Prepared By Lingdi Fu (s0210541) Lecturer & Tutor’s Name: Mitch Hsu Due Date: Saturday‚ 4th August 2012‚ 11:00 PM Step1 During carefully and thoughtfully read through the firm’s latest annual report. We can find the company is called GR Engineering Services. It is an Australian Securities Exchange (ASX) listed public company located in 183 Great Eastern Highway‚ Belmont. The principle activities of the company is
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Part A: Accounting for income tax For journal entries‚ narration is NOT required. The accounting profit before tax of Happy Star Ltd for the year ended 31 December 2012 amounted to $10‚000 after including the following information. The financial year of the company was from 1 January 2012 to 31 December 2012. Equipment: The Company purchased the equipment for the amount of $100‚000 on 1 January 2011. Ending balance of equipment based on accounting as at 31 December 2011 was $100‚000
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a) Discuss how the budgeting process employed by Peters Corporation contributes to the failure to achieve the president’s sales and profit targets. The first problem would be that the president established targets for the total dollar sales and net income before taxes for the next year. Then the president gave the sales target to the marketing department. By starting at the top and working its way down the chain of command causes problems because not all of the departments are involves in
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780 = 30 million NI = Dividends + RE 50 million = Dividends + 30 million Dividends= 50 – 30 = 20 million 2-7 – Corporate tax liability The Talley Corporation had a taxable income of $365‚000 from operations after all operating costs but before (1) interest charges of $50000 (2) dividends received of $15‚000 (3) dividends paid of $25000 and (4) income taxes. What are the firms income tax liability and its after tax income? What are the company’s marginal and average tax rates on taxable income
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1.Introduction This case study involves the overview and financial analysis of two major telecommunications companies in the world. The two companies are compared based on their financial performance for the last two years by analyzing their income and balance sheet statements. Financial ratios are also calculated to see which company has better profitability‚ liquidity and solvency. 1.1.Aims and Objectives 1. Carry out research on two major companies in the telecommunications market
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