Income Statement 1/1/2008 - 12/31/2008 | Revenue | | | $3‚249‚580.53 | | Direct Expenses | | | | Salaries & Wages | $487‚437.08 | | | Vehicle Maintenance | $64‚991.61 | | | Fuel | $20‚449.80 | | | Traps & Chemicals | $1‚378‚203.63 | | | | $1‚951‚082.12 | $1‚951‚082.12 | | | Indirect Expenses | | | | Rent | $39‚338.17 | | | Licenses | $2‚480.00 | | | Insurance | $103‚613.43 | | | Administrative Salaries |
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Berry’s Bug Blaster Due to the recent success of Berry’s Bug Blasters the owner is seeking to expand operations and has three options in which to fund this expansion. The first option is to take the company public by offering shares of the company in the form of an initial public offering (IPO). The owner can also seek to purchase the struggling competitor. The final option is to merge the business with another pest control company. The owner of the company must weigh each option because each
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Strengths of IPO Going public through an Initial Public Offering‚ or IPO‚ could be a great way for Berry’s Bug Blasters to raise a substantial amount of cash very quickly. This infusion of cash‚ if managed properly‚ could help their company expand into other geographic regions or expand their service offerings. They could use this cash‚ which they would otherwise not have‚ to purchase the necessary equipment to improve their pest treatment services. For example‚ by investing in “greener” pest
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Team Learning Summary Week Three By: Alicia Pepitone‚ Mohil Shah and Tillie Richardson ACC/290 08/18/2012 Michael Mitchell Team Learning Summary According to IRS‚ "Cash and accrual based accounting both have general rules of putting in the gross income. With cash you must also enter property and services at their fair market value. Accrual is the income for the tax year that all events of income occurred. Accrual based accounting have special rules for
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Ratio‚ Vertical‚ and Horizontal Analyses Checkpoint Ashlee Kasica XACC/280 March 2‚ 2013 Brandi Zuber Financial statement analysis is the process of examining relationships among financial statement elements and making comparisons with relevant information. There are a variety of tools used to evaluate significance of financial statement data. Three of the most commonly used tools are the ratio analysis‚ horizontal analysis‚ and vertical analysis (Weygandt‚ J. J.‚ Kimmel
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Ratio‚ Vertical‚ and Horizontal Analyses XACC/280 May 8‚ 2012 Analyzing financial statements can help a company find out important financial information about itself and other competitors in the industry. There are three important tools that evaluate a company’s liquidity‚ profitability‚ and solvency. This information is relative to banks‚ creditors‚ and for internal gain. There are three commonly used tools to help investigate and generate the results using
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tools of the financial statement analysis are the company’s audited financials‚ exel templated specially designed for financial analysis or specialized software‚ and full information about the company’s profile. The tricky part about this would be putting all your skills together and analyzing all the different financials. PepsiCo‚ Inc 2005 Current Ratio= 10‚454 (Current Assets) = 1.11% 9‚406 (Current Liabilities) 2004 Current Ratio= 8‚639 (Current Assets) 1.28%
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XACC/280 Week 7 Checkpoint: Ratio‚ Vertical & Horizontal Analysis Jennifer Brooks 3/5/2010 Three commonly used tools of financial system analysis are the horizontal analysis‚ the vertical analysis‚ and the ratio analysis. The horizontal analysis is a technique used for evaluating financial statement data over a period of time. This serves to show performance increase and decrease and may be expressed as an amount or percentage. The horizontal analysis is useful in comparing the results
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Ratio Analysis Memo Memorandum TO: Chief Executive Officer FROM: Accounting Department DATE: July 23‚ 2015 RE: Financial Statement Analysis and Findings 2008 The following memo will explain the findings of the financial statement analysis for 2008 for Berry’s Bug Blasters as well as offer advice significant decreases in profits or increases in liabilities if they apply. Some quick facts: Liquidity is up for 2008 Current ratio shows we pay assets 5.99 times for every current liability‚ an increase
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Running Head: BERRY’S BUG BLASTERS Berry’s Bug Blasters FIN 370 January 18‚ 2010 Berry’s Bug Blasters Berry’s Bug Blasters is a privately held pest control company that has been in business since at least 2005. They offer customers one time treatment and monthly service plans‚ as well as chemicals to allow customers to complete some treatment on their own to eradicate a variety of pests‚ including: roaches‚ termites‚ ants‚ scorpions‚ rodents‚ armadillos‚ snakes‚ bed bugs‚ silverfish and bees
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