Inc. Managing Capital & Financial Assets 05/10/2014 WGU JET2 Financial Analysis Task 5‚ Part II - PASSED To: Chief Executive Officer (CEO) of Custom Snowboards Inc. Subject: Report of historical data and recommendation on how to proceed with expansion plans to Europe. European Expansion Historical Analysis To make a decision about expansion to Europe‚ we must first analyze past performance as an indicator about future performance. A historical analysis was completed on the company’s
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Task 2 – Budgeting A1 - Prepare a summary report in which you do the following: 1. Discuss specific budgetary items raise concern in the budget planning (Spreadsheet Tab: Task 2_Budgets_and_Proformas). Competition Bikes has prepared a budget for year nine of operations. In reviewing the budget presented several technical areas of concern have been noted. For ease of review‚ budgetary issues that raise concerns are presented in a bullet format. · The first issue of concern is in the direct
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Subject: Financial Statement Analysis – Task 2 Summary Report A budget‚ as defined by Hilton (2009 pg 348)‚ is a detailed plan‚ expressed in quantitative terms that specifies how resources will be acquired and used during a specific period of time. A budget is a financial document utilized to project future income and expenses. A budget is based on how much you make in income and what your monthly expenses are. Budgets evaluate performances while the plan is what is going
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Competition Bikes‚ Inc. Budget Summary Report A1. Concerns Upon reviewing the Competition Bikes Inc. (CBI) Budget Schedules and ProFormas for Year 9‚ there are a few concerns that should be analyzed. The first is the forecasted sales in units. The forecast for year 9 is 3‚510 units‚ which is a 3.2% increase over the 3‚400 units sold in year 8. The storyline mentions the economic downturn‚ which has led to a decrease in bike sales. It can take some time to recover sales lost during an economic
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Capital Structure Since Competition wants to expand into Canada‚ it is essential that a capital structure be in place to ensure adequate funding for the expansion and future stability for the business. With all capital financing there are risks. Bonds put the onus on the company to ensure dividends and‚ at 9%‚ if projections are not met it could have a severe negative impact on shareholder earnings. Likewise‚ if moderate projections are met than issuing shares to cover the cost of expansion will
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Competition Bikes Budgeting and Variance Analysis Report Western Governor’s University Competition Bikes Budgeting and Variance Analysis Report Competition Bikes‚ Incorporated (Inc.) makes bicycles for professional and other highly accomplished riders who compete in bike races‚ biathlons‚ and triathlons. Approximately sixty percent of all race winners have been victorious using bicycles designed by Competitions Bikes‚ Inc. This extraordinary success rate
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Work Related Learning. Company: Jet2.com Airline Introduction: This report will be analysing‚ aiming to identify the main political and economical factors that will be affecting Jet2.com in the coming years. In order to structure the information‚ several management tools will be used such as: SWOT analysis: this will help to identify the strength and weaknesses together with the company’s environmental opportunities and threats. PESTEL analysis: This tool will select the vital influences
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TASK TWO Task Two 1 A1. Concerns in Budget Planning: Budgetary Items. Depreciation: Depreciation is “the method that the accountants use to allocate the cost of equipment and other assets to the total cost of products and services as shown on the income statement” (Berman‚ Knight‚ & Case‚ 2013). Depreciation is said to be based on the same fundamentals as accruals in that a company “wants to match as closely as possible the costs of products and services with what was sold” (Berman et al.‚
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Task 2 Financial Analysis Karen Wilson A. Summary Report A budget is a numerical expression of revenues and expenses for a specific period of time. (Sullivan‚ 2003) It expresses plans of business units in measurable terms. This document is a guide for predicting performance situations. The budget should assist the company in planning use of its resources and providing direction. Concerns: Sales: Sales for FY 8 decreased by 15% when compared to FY7. The decline in sponsorships for the professional
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July 24‚ 2014 Table of Contents Risk Assessment Matrix – Addendum 3 Risk Assessment Matrix 3 Risk Metrics 6 Current Project Status 7 General 7 Current 8 Package 1 – Computer Inventory and requirements 8 Package 2 – Technical Support 8 Package 3 – Computing Support 8 Package 4 – Document Servers 8 Package 5 – Shared Drives 8 Package 6 – FTP Sites 8 Package 7 – Firewalls 8 Package 8 – Web-based meetings 9 Hours Report 9 Problem Analysis 10 Over hardware budget 10 Over labor budget 10 Backordered Computers
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