Ronice M. Bruce Week 3_Course Project A - CASE STUDY ACCT 505- Prof Main January 26‚ 2013 Springfield Express is a luxury passenger carrier in Texas. All seats are first class‚ and the following data are available: Number of seats per passenger train car 90 Average load factor (percentage of seats filled) 70% Average full passenger fare $160 Average variable cost per passenger $70 Fixed operating cost per month $3‚150‚000 a. What is the break-even point in passengers and revenues
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Valerie Simmons Math533 Dr. Mark Beintema July 22‚ 2012 Course Project PART A The report below represents the detailed statistical analysis of the data collected from a sample of credit customers in the department chain store AJ DAVIS. The 1st individual variable is LOCATION which is a categorical variable. The three subcategories are Urban‚ Suburban and Rural. Since Location is a categorical variable‚ the measures of central tendency have not been calculated for this variable. The frequency
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460 Other variable production costs 55‚000 Total annual production costs $422‚460 Annual cost to purchase cans $495‚000 Part 1 Cash flows over the life of the project Before Tax Tax After Tax Item Amount Effect Amount Annual cash savings $72‚540 0.65 $47‚151 Tax savings due to depreciation 32‚000 0.35 $11‚200 Total annual cash flow $58‚351
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Case 9-30 1. a. Sales budget: April May June Quarter Budgeted unit sales ..... 65‚000 100‚000 50‚000 215‚000 Selling price per unit .... × $10 × $10 × $10 × $10 Total sales ................... $650‚000 $1‚000‚000 $500‚000 $2‚150‚000 b. Schedule of expected cash collections: February sales (10%)... $ 26‚000 $ 26‚000 March sales (70%‚ 10%) ............. 280‚000 $ 40‚000 320‚000 April sales (20%‚ 70%‚ 10%) .... 130‚000 455‚000 $ 65‚000 650‚000 May sales (20%‚ 70%)
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benefits Other benefits Total wages and benefits Other variable production costs Total annual production costs Annual cost to purchase cans $275‚000 72‚000 7‚500 12‚960 92‚460 55‚000 $422‚460 $495‚000 Part 1 Cash flows over the life of the project Item Annual cash savings Tax savings due to depreciation Total annual cash flow Before Tax Amount $72‚540 32‚000 Tax Effect After Tax Amount 0.65 $47‚151 0.35 $11‚200 $58‚351 Part 2 Payback Period $200‚000 / $58‚351 = 3.43 years Part 3 Annual
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Week 5: Case Study 2 - Internal Control Acct Fin: Managerial Use‚Anlys 1. Inform the President of any new internal control requirements if the company decides to go public. (7 points) Answer – Based on facts given in the case‚ new internal control requirements that are needed for the company to go public are listed below a. Compliance with Sarbanes-Oxley Act Regulations b. Compliance with SEC‚ GAAP and IFRS procedures to record all transactions c. Internal audit on company financial
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Other variable production costs 55‚000 Total annual production costs $422‚460 Annual cost to purchase cans $495‚000 (72‚540) Part 1 Cash flows over the life of the project Before Tax After Tax Item Amount Amount Annual cash savings $72‚540 65% $47‚151 Tax savings due to depreciation 32‚000 35% $11‚200 Total annual cash flow 104‚540 $58‚351
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Course Project: Financial Statement Analysis of Texas Instruments‚ Inc. Amanda McAdams Week 6 Intermediate Accounting III Professor: James Ridilla Table of Contents Introduction 3 Deferred Taxes 3-5 Retirement plan 5-6 Share-based Compensation 6 Earnings per Share 6-7 Cash Flow Statement 7-8 Overall Analysis 8 Citations 9 Texas Instruments is famous for handheld scientific calculators; yet they
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1. Question : (TCO A) Wages paid to an assembly line worker in a factory are a 2. Question : (TCO A) A cost incurred in the past that is not relevant to any current decision is classified as a(n) 3. Question : (TCO A) Depreciation of office buildings and office equipment is also known as 4. Question : (TCO A) When the activity level is expected to increase within the relevant range‚ what effects would be anticipated with respect to each of the following? 5. Question : (TCO F) Which
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AC505 Part B Capital Budgeting problem Clark Paints Cost of new equipment $200‚000 Expected life of equipment in years 5 Disposal value in 5 years $40‚000 Life production - number of cans 5‚500‚000 Annual production or purchase needs 1‚100‚000 Initial training costs Number of workers needed 3 Annual hours to be worked per employee 2‚000 Earnings per hour for employees $12 Annual health benefits
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