Q1: How might Hynes and the investors use the profit plan in managing the business? Ans: The profit plan prepared by Hynes can be helpful in forecasting the financial position (assets and liabilities) of the business. This would assist Hynes and investors to plan the business in advance and improve on profits. The information can be used to determine the solvency of the business by showing how much assets are available for payment of liabilities and dividends. Profit plan can also help in predicting
Premium Generally Accepted Accounting Principles Balance sheet Asset
masses. Within their dream they imagine a beautiful school‚ excellent job‚ and lifetime of success. Camden County College should be all about giving the students the best education they can possibly receive. CCC came up with an idea to install condom dispensers in all of the restrooms. This idea will bring up very conflicting point of views. Students will begin to question what the school’s true priorities are. CCC Administrations are there because they know what is best for the school‚ they make all the
Premium Sex education College University
products using a) Will’s old costing method; b) The new costing method. 1 1a) Based on Will’s old costing method (Volume Based Costing): • California Creamery has a budgeted manufacturing overhead of $600‚000 and a budgeted direct labour cost of $300‚000 • Overhead rate per direct labour cost => $600‚000/$300‚000 = $2 From Exhibit 2 CALIFORNIA CREAMERY‚ INC. Two Product Examples (2004 Data) Polynesian Fantasy • Direct labour $1.20/gallon Overhead assigned to: Vanilla $1.20/gallon Polynesian
Premium Costs Activity-based costing Cost
should install condom dispensers. Some people are elated at the idea of condom dispensers being installed within the school‚ but other people don’t feel the same way. Condom dispensers should not be placed within the school. It is the belief that installing the dispensers‚ it could cost the school in purchase‚ upkeep‚ and loss of donorship. Another view is that installing the dispensers violates the idea of what education is‚ and that the ramifications of installing condom dispensers could be great. Issues
Premium Education Sexual intercourse High school
ULink Management’s approval on the business of Water Dispensing in the hostels of Universiti Malaysia Sabah (UMS). The objectives of this business are: a) To supply and manage the sales of affordable‚ clean and filtered water utilising the water dispenser with the daily production of 1‚000 litres to the hostel dwellers in UMS. b) To save the time and electricity usage in the preparation of drinking water. c) To increase the level of safety among hostel dwellers and facilities by decreasing the
Premium Water
liability ratio of 4.25 which means that the company is more than capable to pay its responsibilities. Also the company has an ROI of 4 years. 3. Prepare a profit plan in the form of an income statement for the first year of operations. Dispensers of California Inc Income Statement 1st year operation RE 598‚500.00 Expenses Incorp cost 2‚500 re design 25‚000 Interest payable 500 Manufacturing Payroll 145‚000 Other manufacturing cost 62‚000 Selling‚ general‚ and admin costs
Premium Balance sheet Generally Accepted Accounting Principles Asset
and Society Instructor Scott Axton 2 May 2013 ABSTRACT Some states have yet to join those states that have put in effect the Three Strike Law. Even though many states have implemented the Three Strike Law it still has many setbacks. California has the strictest laws on the Three Strike Law. While experts thought this would be a good idea it causes issues like overcrowding in prisons and a much bigger budget plan. Proposition 36 was voted to reform the Three Strike Law to reduce sentences
Premium Crime Prison Life imprisonment
ENVS 331 SPRING 2013 FINAL EXAM STUDY QUESTIONS 1. In basic terms‚ what is the difference between imperialism of the “traditional” European variety and the “neo-imperialism” practiced by the US during the 20th century? 2. How did World War II contribute to the end of European imperialism (consider the phenomenon of “imperial overstretch‚” which you should be able to define)—and enable the expansion of US influence overseas? (Consider the impact of World War II on the European imperialist
Premium Economics International Monetary Fund World Bank
陋 室 銘 - 劉 禹 錫 lou` shi` ming’ liu’ yu^ xi- Inscription - The Crude House" – by Liu Yu Xi Note As Minister of Rites at the imperial court‚ Liu Yu Xi (772 – 842 C.E.) took part in the Yong Zhen Reform‚ which attempted to limit the power of the palace eunuchs and the provincial governors. When the Reform failed he was demoted to be a mere county administrative officer out in one of the provinces. Upon seeing that he continued to openly espouse the Reform Movement‚ the county head placed Liu’s
Premium Han Dynasty
The Economy of California Term Paper ID:27801 | | | Essay Subject: The nation began recovering from the recession‚ but California’s economy seemed to respond less quickly. There are two likely reasons for this: California’s economy is the largest in the nation; & the decline in aerospace spending.... More... | | Paper Abstract: The nation began recovering from the recession‚ but California’s economy seemed to respond less quickly. There are two likely reasons for this: California’s
Premium California United States