Case 11 Horniman Horticulture 1. What is your assessment of the financial performance of Horniman Horticulture? a. Horniman has strong profitability and no long term debt. Revenues are growing and the net profit is growing with it. They have continued to grow revenues while keeping COGS stable at 48-53%. SG&A is also a steady 38-39%. In addition the ROA and ROC are both way above industry standards. However‚ the company’s cash available has dramatically decreased from 11 to less than 1% over the
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Anthony Cases 3-2‚ 11-2‚ and Problem 5-7 Anthony Cases 3-2: Loan Pine Café (B) 1. Below is the income statement for the Lone Pine Café from November 2‚ 2005-March 30‚ 2006. [pic] *Notes regarding two calculations: a. Sales = $43‚480 (cash) + $870 (accounts receivable) = $44‚ 350 b. Inventory (food & beverage) = $10‚016 (purchase from suppliers) + $1‚583 (accounts payable) + $370 (which is the change from inventory of $2800-$2430) = $11‚969.
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Craddock Cup case study Question Number 1 In determining whether to keep or drop the Craddock Cup‚ the overhead expense allocations of City field rental‚ CYSL salaries and CYSL rent should be revised. In determining whether to keep or drop the Craddock Cup‚ the allocation of City filed rental fee of $1200 from CYSL to the Craddock Cup should be eliminated. CYSL rented 10 soccer fields from the city for 40 weeks a year for a total fee of $48000. However‚ even if the Craddock Cup was dropped
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CASE 11-6: LESSEE LTD Caleb Aytes Brayden Hudson Brian Laws Katie Vittetoe Topics To Be Discussed • • • • Relevant Facts of the Case IFRS US GAAP Real World Relevant Facts of the Case • Lessee Ltd. – British Company that applies IFRS – Leases equipment from Lessor Inc. – 3 years – No purchase or renewal options & equipment reverts back to Lessor when lease expires – Remaining useful life = 4 years – Guaranteed Residual Value of $20K Accountants Analysis Relevant Questions 1. Was the junior
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WaltDisney Company’s business portfolio?3.What is your assessment of the competitivestrength of Walt Disney Company’s differentbusiness units?4.What does a 9-cell industry attractiveness/businessstrength matrix displaying Walt Disney Company’s business units look like? 4 What is Walt Disney Company’s corporate strategy?2.What is your assessment of the long-termattractiveness of the industries represented in WaltDisney Company’s business portfolio?3.What is your assessment of the competitivestrength
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Chapter 6 Vocab terms: * Spartan – sternly disciplined and rigorously simple‚ frugal‚ or austere. ”The room was so spartan there was no place to hide the pouch except under his clothes.” * Shalwar - loose‚ pajamalike trousers worn by both men and women in India and southeast Asia. “You are the rich man?” he asked‚ looking doubtfully at Mortenson’s frayed running shoes and worn mud-colored shalwar.” * Juddered - to vibrate violently “And as they juddered over potholes at hundred
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most environmentally friendly way of drinking from a cup or mug? Reusable cups are usually the preferred method as long as the cups get used a lot. As for disposable cups‚ the main three choices are paper‚ styrofoam‚ and plastic. Plastic cups are the cheapest to purchase but they can’t be used for hot drinks. Pricewise‚ plastic cups cost $11 for 1000. Styrofoam costs $25 for 1000. Paper cups cost $80-120 for 1000. 100% compostable paper cups costs around $100 for 1000 made from natural corn starch
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CASE STUDY SCOPING – CRADDOCK CUP Background: The Craddock Cup is a regional soccer tournament held by the Craddock Youth Soccer League (CYSL) and managed by Joe Rivaldo every year. The cup brings in around 32 premier high school soccer teams (both boys and girls teams) from throughout the region to compete. Each year the cup is considered a great success by players‚ their families and the local community and is now widely considered as the premier tournament for high school soccer players. Over
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The Lycurgus Cup – A Roman Nanotechnology Ian Freestone1‚ Nigel Meeks2‚ Margaret Sax2 and Catherine Higgitt2 Cardiff School of History and Archaeology‚ Cardiff University‚ Cardiff CF10 3EU‚ Wales UK 2 Department of Conservation‚ Documentation and Science‚ The British Museum‚ London WC1B 3DG‚ UK 1 Introduction The Lycurgus Cup (fig 1) represents one of the outstanding achievements of the ancient glass industry. This late Roman cut glass vessel is extraordinary in several respects‚ firstly in
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The Fourth Cup Intro 1340 By celebrating the Last Supper with his apostles in the course of the Passover meal‚ Jesus gave the Jewish Passover its definitive meaning. Jesus’ passing over to his father by his death and Resurrection‚ the new Passover‚ is anticipated in the Supper and celebrated in the Eucharist‚ which fulfills the Jewish Passover and anticipates the final Passover of the Church in the glory of the kingdom The Lords Supper Luke 22:14-20 N When the hour had come‚ He reclined at
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