Running Head: BUDGET SUMMARY REPORT Competition Bikes Inc. Budget Analysis Summary Report In Partial Fulfillment of the Requirements for JET2 Western Governors University Competition Bikes Inc. Budget Analysis Summary Report Budgetary Concerns There are several budget areas in Competitions Bikes year nine budget forecast that are areas for concern. The factory overhead budget for the year was budgeted at $481‚798 less $150‚000 depreciation. Total depreciation over the last three years has
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efficient units Offering Value-for-Money Products to the Common Man 3 Financial Summary 2010-11 4 Profit & Loss Account 3 months Particulars (Rs. in lacs) Gross Sales Net sales Other income Total Income Cost of Goods Sold Employee Cost Advertisement & Sales Promo Expenses Other Expenses EBITDA Depreciation Interest and Finance Charges Profit before and tax Tax Profit after tax EPS Book Value Per Share 3 months 12 months 12 months ended 31‚
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l pabiodiesel financial plan Start-up Expenses | | Land to buy | | Office to buy | | Renovation expenses | | Design works | $10 000 | Assembly operations | $200 000 | Placing into operation | $53 000 | Oil processing equipment (incl. storage and loading) | $100 000 | Seed storage equipment (incl. installation) | $350 000 | Glycerol purification equipment (including installation) | $0 000 | Tanks | $100 000 | Biodiesel production equipment (incl. delivery and
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1.) “The only rule of business is the increase of profits.” Discuss. We are now discuss about the rule of business‚ is it just maximize profit without any moral responsibility? Or we need to make decisions that protect and benefit society? According to the Dictionary of Finance and Investment Terms‚ social responsibility is the “principle that businesses should actively contribute to the welfare of society and not only maximize profits”. We don’t have “absolutely” in the world‚ but we still
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of energy drinks continued to gain market share up to date‚ and continues to exceed the growth in sales of the energy drink category. The energy drink category itself has continued to grow at an extremely high rate. Gross sales of all of our products and the percentage of total gross sales‚ grew and continues to grow. BOLD INVESTMENTS IN MANUFACTURING Demand for many of those products has also been flat. We are taking steps to reposition certain of our existing products in the warehouse segment
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Chapter 1 - Managerial Accounting and Cost Concepts Exercise 1-5 1. Traditional income statement Redhawk‚ Inc. Traditional Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses Net operating income 2. Contribution format income statement Redhawk‚ Inc. Contribution Format Income Statement Sales Variable expenses: Cost of goods sold Selling expenses Administrative expenses Contribution
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goods sold is that purchases are made in excess. It means that if the purchases are made at $54500 than the level of cost of goods sold may be achieved. Answer 3: Sales Cost of goods Sold Opening Inventory Purchases Less Closing Stock Gross Profit Operating Expenses Net Income $36500 $54500 $36000 $110000 $55000 $55000 $29000 $26000 Answer 4: The Owner can prevent irregularities by the following ways:- Keep checking the Ratios at small interval of time. Taking
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acquisitions Company’s strategy towards shifting to higher end products has led to slight dip in margins in over last 2 years. Operating Results: 2004 2005 2006 Revenue 291‚940 307‚964 342‚251 Less: Cost of Goods Sold 204‚265 220‚234 249‚794 Gross Profit 87‚676 87‚731 92‚458 Less: Selling‚ General & Administrative 25‚293 27‚049 28‚512 Operating Income 62‚383 60‚682 63‚946 Plus: Depreciation & Amortization 6‚987 8‚213 9‚914 EBITDA 69‚370 68‚895 73‚860 EBIT 62‚383 60‚682 63‚946 Plus: Other
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JASON ZHANG GRISSOM ZENG HARRY LAM RICKY LO 1007609874 1155024921 1008600851 1155024902 1 Presentation Structure • Part I Introduction - Harry • Part II ABC Model Calculation - Jason • Part III Customer Managing - Ricky • Part IV Improvement & Strategy - Grissom 2 Part I. Introduction • Part I Introduction 3 Part I. Introduction Who we are? • Regional distributor of office supplies • Writing implement (such as pens‚ pencils and markers) • Specialty paper for
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Marginal Analysis and Profit Maximization Task A At the point of profit maximization within any firm‚ the aspects of both marginal revenue and marginal cost play a major role. The economically working definition of marginal revenue is termed as: the extra revenue that an additional unit of product will bring. It is the additional income from selling one more unit of a good; sometimes equal to price (MoneyTerms‚ 2005). The marginal revenue of the output of any given product ties closely in the
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