History of Honda motors: Honda Motor Co Ltd is one of the prime car manufacturers. Honda motors produce a wide variety of product like sports cars‚ generators‚ small engines‚ hi tech powerful engines‚ pumps‚ motor bikes‚ scooters‚ and general purpose cars. Honda Motor was established in 1949. Honda Motors built on dreams. The company has the capital of ¥ 110 billion and it has the global network of more than 440 subsidiaries. Honda Motor Co Ltd is primarily concerned with manufacturing of
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Profit and loss accounts‚ balance sheets Profit and loss accounts‚ balance sheets Two of the most important financial statements for a business are the Profit and Loss Account‚ and the Balance Sheet. The Profit and Loss Account shows the profit or loss of a business over a given period of time e.g. 3 months‚ 1 year‚ etc. In contrast‚ the Balance Sheet is like a photograph taken at an instant in time giving a picture of what the business owns and what the business owes at that moment in time
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Honda Motor Company Ltd. Honda Motor Company Ltd. is a Japanese public multinational corporation primarily known as a manufacturer of automobiles and motorcycles. Honda has been the world ’s largest motorcycle manufacturer since 1959‚ as well as the world ’s largest manufacturer of internal combustion engines measured by volume‚ producing more than 14 million internal combustion engines each year. Honda surpassed Nissan in 2001 to become the second-largest Japanese automobile manufacturer. As of
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Introduction Company Background Honda Motor Company‚ Ltd. (Honda)‚ incorporated on September 24‚ 1948‚ develops‚ produces and manufactures a variety of motor products‚ ranging from small general-purpose engines and scooters to specialty sports cars. The Company’s business segments are the motorcycle business‚ automobile business‚ financial services business‚ and power product and other businesses. Honda conducts its operations in Japan and worldwide‚ including North America‚ Europe and Asia. On
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The balance sheet‚ income statement and cash flow statement are closely related. Basically‚ a balance sheet describes a company’s assets‚ liabilities and stockholder’s equity in a specific period of time. An income statement mainly shows the net profits or loss of a company. The purpose of the income statement is to show stockholders and investors whether the company earned or lost money. A cash flow statement explains cash inflows and outflows. Each financial statement reveals a part of a company’s
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Bank Loan – due in October‚ 2012 | 5‚000 | Accounts Payable | 17‚250 | Accounts Receivable | 41‚560 | Cash | 18‚750 | Retained Profits | 76‚000 | Salaries payable | 6‚750 | Supplies | 1‚040 | Salaries Expense | 19‚100 | Buildings | 85‚000 | Prepaid Rent | 15‚600 | Motor Vehicles | 96‚000 | Equipment | 250‚000 | Accumulated Depreciation – Motor Vehicles | 16‚000 | Accumulated Depreciation - Equipment | 51‚950 | Rent Expense | 6‚200 | Electricity Bill – paid on May 30‚ 2011
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The suppliers tend to rely on one or two automakers to purchase the majority of their products. If the automaker decides to change suppliers‚ the effects to the supplier would be devastating. With the JIT (Just in Time) manufacturing methodology Honda utilizes‚ there is a push-pull mechanism. This warrants a strong relationship between manufacturer and suppliers. This also can be quite profitable for both organizations. Bargaining Power of Buyers: The automotive industry is highly competitive
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COURSE 2 - The Balance Sheet The balance sheet (also called statement of financial position) reports the financial position of the business at a point in time. It does so by listing the categories and amounts of assets‚ liabilities and equity on a specific date‚ in a format that proves the fundamental accounting equation. ASSETS = EQUITY + LIABILITIES or ASSETS – LIABILITIES = EQUITY Formats of presentation Regardless of
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General Motors Company has a very detailed and organized balance sheet and income statement in which all of the company ’s information is listed in the proper order. The balance sheet can be viewed annually or quarterly and all amounts are in US dollars by millions except for per share amounts. The balance sheet first begins to lists the company ’s assets. The assets section is broken down by current assets‚ cash‚ net receivables‚ inventories‚ and other current assets. The balance sheet then lists
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A balance sheet is a financial statement that reports the assets‚ which are resources owned by a business‚ liabilities‚ and stockholders’ equity at a specific date. Examples of assets would be computers‚ delivery trucks‚ furniture‚ and buildings. A balance sheet has two categories: Assets‚ liabilities‚ and stockholders’ equity. Liabilities are the debts and obligations of a business. Liabilities represent c claims of creditors on the assets of business. Examples of liabilities would be notes
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