Jet2 Task 4 Essays and Term Papers

  • JET2 Task 4

    To: Vice President It would be in Competition Bikes, Inc.’s best interest to change from a traditional costing system to an activity-based costing system. In this summary you will find information as to why this change is important as it will highlight the differences between traditional based costing...

    1491 Words | 6 Pages

  • JET2 Task 4 Report

    Competition Bikes, Inc. Costing Method and CVP Report A1. Costing Method Recommendation This report has been prepared to analyze the current costing method at Competition Bikes, Inc. (CBI) and provide a recommendation for improvement. To support this analysis, the differences between traditional...

    2315 Words | 8 Pages

  • Jet2 Task 4

    Competition Bikes Finical Analysis Dan Petersen WGU – JET2 Finical Analysis Task 4 A. 1. To: Vice President This report has been prepared to argue the case that the company’s current costing method should be changed to the activity based costing method. This report will review; the...

    2238 Words | 6 Pages

  • Financial Analysis: Jet2 Task 4

    JET2Task 4 Financial Statement Analysis Managing Internal Cost & Controlling Finances Summary Report In response to a request from the Vice President of Competition Bikes for an analysis and recommendation regarding Activity Base Costing, as well as a request for...

    3145 Words | 10 Pages

  • JET2 Financial Analysis Task 4 WGU

    Competition Bikes Inc. Storyline Managing Capital & Financial Assets 04/12/2014 WGU JET2 Financial Analysis Task 4 - PASSED To: Vice President The following is a summary report to recommend whether Competition Bikes should change its traditional costing method to activity based costing, and...

    1900 Words | 7 Pages

  • Jet2 Task 2

    Subject: Financial Statement Analysis – Task 2 Summary Report A budget, as defined by Hilton (2009 pg 348), is a detailed plan, expressed in quantitative terms that specifies how resources will be acquired and used during a specific period of time. A budget is a financial document...

    1899 Words | 6 Pages

  • JET2 Task 3

    include: Option 1: 100% Bonds (fully financed) Option 2: 50% Preferred Stock & 50% Common Stock (no bonds) Option 3: 20% Bonds & 80% Common Stock Option 4: 40% Bonds & 60% Common Stock Option 5: 60% Bonds & 40% Common Stock *Annual bond interest rate is 9% After using the EBIT – EPS approach using...

    2414 Words | 8 Pages

  • JET2 Task#1

    this expense. Some examples include conducting an energy audit or pre-paying for utilities for discounted services. Financial Analysis Report 4 The operating income which is the actual profit after operating expenses have been removed (Williams, et. al., 2008), grew 154.6% between years 6...

    5385 Words | 21 Pages

  • Jet2 Task 2

    Task 2 – Budgeting A1 - Prepare a summary report in which you do the following: 1. Discuss specific budgetary items raise concern in the budget planning (Spreadsheet Tab: Task 2_Budgets_and_Proformas). Competition Bikes has prepared a budget for year nine of operations. In reviewing the budget...

    3870 Words | 11 Pages

  • JET2 TASK 2

    administrative staff to stay over to get extra work done. They need to sit down and plan out their days at the beginning of the day and prioritize their tasks. The morning planning will help them accomplish their work through their normal business hours so they don’t have to stay after hours. Utilities were...

    1433 Words | 3 Pages

  • Jet2 Task 2

    JET2 Task 2 A1.  Budget planning       This following is a review of Competition Bikes, Inc.'s (CBI) budget plan for year nine.  CBI has also provided its financial statements for the past three years for comparison.  CBI's department managers must make decisions every day that affect the profitability...

    4162 Words | 11 Pages

  • JET2 Task 2

    responsibilities, separating duties, performing frequent audits, and utilizing electronic controls will help also help to reduce risks to Competition Bikes. 4. Sarbanes-Oxley The Sarbanes-Oxley (SOX) Act was developed to protect shareholders from fraudulent accounting practices of companies. This Act was...

    5532 Words | 8 Pages

  • JET2 Task 3 Report

    stock is higher. The Total EPCS for this option in years 9-13 is $.197, second only to the recommended option of 50/50 common and preferred shares. 4. 40% 9% Bonds, 60% Common Stock – The lower proportion of bonds results in a smaller amount of bond interest the company would be required to pay. Total...

    3071 Words | 9 Pages

  • JET2 Task#5

    taxes dropped by $57,800 or 30% in year 12 and year 13. This continues to drop 82.74% during year 13 and year 14. However, Custom CUSTOM SNOWBOARDS 4 Snowboards lost $106,000 on earnings before income taxes. Earnings before income taxes help establish a measurement of profitability, but do not really...

    8130 Words | 27 Pages

  • JET2 Task#3

     Report for Expansion Regarding Competition Bikes, Inc. Western Governors University Report for Expansion Regarding Competition Bikes, Inc. A1. Capital Structure Recommendation Competition Bikes, Inc. would like to expand into Canada. Risks exist with all...

    2542 Words | 12 Pages

  • JET2 Task#2

    manage this expense. Some examples include conducting an energy audit or pre-paying for utilities for discounted services. Financial Analysis Report 4 The operating income which is the actual profit after operating expenses have been removed (Williams, et. al., 2008), grew 154.6% between years 6 and...

    5383 Words | 17 Pages

  • JET2 TASK 3

    A1. The highest earnings per common stock share option is the 50% Preferred & 50% Common Stock and it will maximize the shareholder holders return. 12% Bonds 50% Preferred & 50% CS 20% 12% Bonds & CS 40% 12% Bonds & CS 60% 12% Bonds & CS Year 9 0.002 0.027 0.027 0.023 0.017 ...

    1943 Words | 3 Pages

  • Jet2 Task 2

    Competition Bikes Budgeting and Variance Analysis Report Western Governor’s University Competition Bikes Budgeting and Variance Analysis Report Competition Bikes, Incorporated (Inc.) makes bicycles for professional and other highly accomplished riders who...

    2352 Words | 7 Pages

  • Jet2 Task 1 Report

    effectively a company is using its assets to generate earnings before contractual obligations must be paid (Investopedia.com, n.d). In year 7 CBI had a 4% return on assets, slightly lower than that of their competitor Two Wheel Bikes (at 4.8%). In a year where sales were up 33.3% from the year before, investors...

    7829 Words | 22 Pages

  • JET2 Task 2 Report

    investigate every variance in a budget; however, they do take the time to investigate significant budget variances. This frees them up to do other management tasks and prevents budgeting from taking up all of their time. Departments can work with accounting to define a variance ‘threshold’, and managers will...

    3197 Words | 13 Pages