Financial analysis of CanGo CanGo has been growing rapidly ever since its formation. It experienced a greater than expected growth in revenues. However‚ the company is faced with some financial difficulties and so there is a need to take certain financial decisions. Also‚ it faces problems of controlling logistics related to growth. Rapid growth seems to be a blessing. However‚ it depends on the company’s ability how they deal with it. The holiday season of 2009 showed the company’s inability to
Premium Financial ratios Generally Accepted Accounting Principles Revenue
RELATED LITERATURE Receivables are one of the three primary components of working capital‚ the other being inventory and cash. Receivables occupy second important place after inventories and thereby constitute a substantial portion of current assets in several firms. The capital invested in receivables is almost of the same amount as that invested in cash and inventories. Receivables thus‚ form about one third of current assets in India. Receivables provide protection to sales from competitions
Premium Inventory Rate of return Investment
Topic: RECEIVABLES I. DEFINITION These represent amounts collectible from customers and others‚ most frequently arising from sales of merchandise‚ claims for money lent‚ or the performance of service. They may be interest bearing‚ collateralized‚ or billed. II. COMPOSITION A. Trade 1. Accounts Receivable 2. Notes Receivable B. Non-Trade 1. Advances to Officers and Employees‚ Affiliates and Others 2. Claims against Suppliers and Insurance
Premium Accounts receivable Balance sheet 1966
credit is commonly known as Management of Receivables. Receivables are one of the three primary components of working capital‚ the other being inventory and cash‚ the other being inventory and cash. Receivables occupy second important place after inventories and thereby constitute a substantial portion of current assets in several firms. The capital invested in receivables is almost of the same amount as that invested in cash and inventories. Receivables thus‚ form about one third of current assets
Premium Accounts receivable Credit rating Sugar
Problem 1 The accounts receivable of FRANCO COMPANY were stated at P1‚467‚000 in a balance sheet submitted to a banker for credit. You are called upon to audit the report and‚ upon analysis‚ the asset was found to consist of the following items: Due from customers on open account P 1‚125‚000 Acknowledged claim for damages 22‚500 Due from consignee at billed price – cost price being P22‚500 30‚000 Investment in and advances to affiliated company 150‚000
Premium Accounts receivable Balance sheet Promissory note
SWOT Analysis Strengths CanGo has been able to sustain revenue growth‚ enjoy a superb net profit margin of 11%‚ and offer excellent customer service. This is all despite not having a complete understanding of their position in the market or having a solid marketing strategy. The fact that they have risen quite rapidly speaks volumes about their outrageous customer service‚ product offerings‚ and expedient internal processes. Their balance sheet is not without flaw‚ but it shows a strong bottom
Premium Balance sheet Generally Accepted Accounting Principles Asset
Executive Summary CanGo A successful internet startup company‚ CanGo has grown from a small retailer of books to an online retail hub where customers can purchase games‚ movies‚ music‚ and books. CanGo is looking to move forward into new and emerging markets such as online gaming while seeking to enhance their current operations through the use of technology. In order to help address any issues which may occur because of these proposed changes‚ CanGo has enlisted our consulting firm to help them
Premium Financial ratio Video game Financial ratios
THEME: ACCOUNTS PAYABLE By John W. Day‚ MBA ACCOUNTING TERM: Accounts Payable An account payable is normally an unsecured‚ non-interest bearing current liability‚ owed by the company to a vendor for the purchase of trade goods or services. FEATURE ARTICLE: Accounts Payable Accounting If you are a small business owner or manager and you are having trouble keeping track of all those outstanding bills that have to be paid each month‚ perhaps you need to set up an accounts payable system. Some small
Premium Accounts payable Accounts receivable Generally Accepted Accounting Principles
CanGo Analysis Report Table of Contents Executive Overview 1 Issue #1 1 Strategic Management 1 Resolution 1 Issue #2 2 Clear Objectives 2 Resolution 2 Issue #3 3 Project Management Training 3 Resolution 3 Issue #4 4 Taking ownership and communicating the company’s vision 4 Resolution 5 Issue #5 6 Team lead 6 Resolution 6 Issue #6 7 Team Communication Issues 7 Resolution 7 Conclusion 8 References 8 Executive Overview CanGo is a successful company
Premium Project management Management Work breakdown structure
A STUDY ON RECEIVABLE MANAGEMENT WITH SPECIAL REFERECEN TO CALTEX LUBRICANTS INDIA LIMITED CHENNAI BY J. ELANGOVAN REG NO : 35103077 A PROJECT REPORT SUBMITTED TO THE SCHOOL OF MANAGEMENT In the FACULTY OF ENGINEERING & TECHNOLOGY In Partial fulfillment of the requirements For the award of the degree Of MASTER OF BUSINESS ADMINISTRATION SRM SCHOOL OF MANAGEMENT SRM INSTITUTE OF SCIENCE & TECHNOLOGY DEEMED UNIVERSITY KATTANKULATHUR – 603 302 APRIL – 2005 i BONAFIDE CERTIFICATE Certified
Premium Ratio Balance sheet Inventory turnover