(1) There were many compounding factors that caused SureCut Shears to be unable to pay its bank loan by March 31‚ 1996. When looking at the pro forma income statement as compared to the actual income statement we see the following inconsistencies‚ which are contributing to SureCut’s financial problems: Anticipated Actual Dollar Loss Contributed Sales 25‚800 22‚987 2‚813 COGS (% to Sls) 70.5% 73.8% 768 Gross Profit (% to Sls) 29.5% 26.2% SG&A Expenses (% to Sls) 9.4% 10.6% 269 Total
Premium 1917
which employees 18‚000 people there‚ they are one of the top 250 firms in the UK on the FTSE250. The bus lines also eliminate almost 24‚000 car emissions making the company spend less on fuel cost and decrease in the release of carbon dioxide. 3) As a college student‚ among choices of private car‚ train‚ airplane‚ greyhound‚ and Megabus between Chicago and Columbus‚ which one would you choose? As a college student traveling between these two cities I would definitely choose Megabus
Free Public transport Bus Taxicab
Pro-Forma and Business Cycle Research Paper FIN/375 ‚ 2014 Pro-Forma and Business Cycle Research Paper This report will compare the pro-forma financial statement of two companies: Bank of America and General Electric also-known as GE. It will describe and summarize the comparison of both organizations and their fiscal stability. It will also detail the typical business cycle of these two companies. Pro-Forma Financial of General Electric and Bank of America General Electric and Bank of America
Premium Finance Investment Economics
Copyright © 1994 by the President and Fellows of Harvard College. 1. What are the cash payments associated with the Sleeping Beauties? Who gets how much and when‚ per $100 of bonds issued? 2. What interest rate was used to calculate the price? 3. Next day‚ market yield rises 100 bp (1%) from 7.55% to 8.55%. What’s the new price? Rates fall from 7.55% to 6.55%. What’s the new price? 4. What is the formula for the PV of a single cash flow received n years from today? Calculate
Premium Bond Bonds
Assumptions for Pro Forma Statements Income Statement Net sales - Sales forecast for 1994 is used as there is no big difference in terms of sales for seasonal or level production. COGS - According to the case 65.1% of sales for the current month. Operating expenses - Seasonal projection 200 plus additional storage and handling cost 115/12 in case of shift to level production. The amount is the same for each month because in case study it is assumed operating expenses are likely to be incurred
Premium Balance sheet Generally Accepted Accounting Principles Liability
Note: Income Statement Format Hanna 2004-08-03 Income Statement Presentation The objective of studying the format and presentation of the income statement is to gain an understanding of the different ways that certain economic events can be presented. Sometimes‚ the type of presentation depends upon management’s intent regarding the future. Needless to say‚ there is a lot of room for the application of judgment when choosing amongst various acceptable income statement formats. Interpreting
Premium Income statement Balance sheet Generally Accepted Accounting Principles
Departmental Income Statement A Departmental Income Statement shows each departments contribution margin and net income from operating‚ after all expenses are allocated for. The Departmental Income Statement shows which departments of the company are the most profitable‚ and which departments are costing the company money. The Departmental Income Statement helps managers and owners evaluate and control the operations of each department. This is important for running a top quality company. The
Premium Generally Accepted Accounting Principles Profit
alicante How to win outside the soccesfield Content The absolute goal of Ciclón de Alicante is to become a major soccer club in Spain. But how? The stadium • Q: What is the impact of the sale of the stadium transaction on Ciclón’s 2003 Income Statement and Statement of Cash Flows (under the Indirect Method)‚ and on its Balance Sheet for the year ended on December 31th‚ 2003? Items to be addressed cash payment of $ 100 million cost of building the new stadium was $ 20 million market value of the land
Premium Depreciation Generally Accepted Accounting Principles Balance sheet
6/23/2014 FINANCIAL STATEMENTS The Hidden Road to Wealth Learning Expection Review accounting basics to understand the information on the financial statements Appreciate the essence of the Financial Statement Understand the component of the Income Statement and the Balance Sheet Determine how Income Statement and Balance Sheet are use in making financial decision 1 6/23/2014 BASIC Terms • FINANCIAL STATEMENT represent a formal record of the financial activities of
Premium Generally Accepted Accounting Principles Income statement Balance sheet
ZARA Income Statement Period Ending: 2012 31/12 2011 31/12 2010 31/12 2009 31/12 Total Revenue 82.98 78.19 89.69 76.7 Revenue 82.98 78.19 89.69 76.7 Other Revenue‚ Total - - - - Cost of Revenue‚ Total 60.29 56.72 59.02 52 Gross Profit 22.69 21.47 30.67 24.7 Total Operating Expenses 77.61 73.35 74.12 63.51 Selling/General/Admin. Expenses‚ Total 3.69 3.24 3.96 3.56 Research & Development - - - - Depreciation / Amortization 13.63 13.38 11.14 7
Premium Generally Accepted Accounting Principles Balance sheet Asset