Analysis for Lone Pine Café The Lone Pine Café case involves a partnership of three people who initially invested $16‚000 cash each in the venture. The first transaction resulted in a one year lease being signed for $1‚500 per month or $18‚000 per annum. The owners occupied quarters above the Café. No rental amount was assigned to this apace. The owners then borrowed $21‚000 from a local bank and then utilized $35‚000 of the initial capital invested in the firm to purchase $53‚200 of
Premium Generally Accepted Accounting Principles Balance sheet Asset
Germany?‚ a short film‚ and in The Princess Diaries 2: Royal Engagement. Pine played the part of Nicholas Devereaux‚ the love interest of Anne Hathaway’s character in the film‚ which was released in August of that year to a strong box office. In 2005‚ Pine appeared in an episode of the series Six Feet Under‚ as well as in Confession‚ an independent film that was released directly to video‚ and The Bulls‚ another short film.[12] Pine appeared in the made-for-television film Surrender‚ Dorothy which aired
Premium William Shatner
Case Study 2 : THE TALL PINES HOTEL AND CONFERENCE CENTER QUESTIONS 1. What is the impact of analyzing the internal and the external environment in planning? “Analysis of internal factors (resources and capabilities) and external conditions (opportunities and/or threats) is important to crafting a strategy. “ Source: https://www.boundless.com/management/strategic-management/strategic-management/external-versus-internal-analysis/ 2. What roles do different levels of management play
Premium Management Planning Strategic planning
Case Problems Pine Valley Furniture recently implemented a new internship program and has begun recruiting interns from nearby university campuses. As part of this program‚ interns have the opportunity to work alongside a systems analyst. This shadowing opportunity provides invaluable insights into the systems analysis and design process. Recently you were selected for a six-month internship at Pine Valley Furniture‚ and Jim Woo has been assigned as your supervisor. At an initial meeting with
Premium Online shopping Tracking Net present value
Case Study 1 Eric J. Gilbertson Question 1.) A.) Pine Valley Furniture developed its applications in-house. There are several plausible reasons for why the company chose this option. The company may have had unique processing needs that required the system to be built in-house‚ as opposed to purchasing a prepackaged system. The company may also have viewed its information systems as helping it achieve a competitive advantage. The company had several options‚ such as purchasing a system
Premium Decision support system Decision theory Data warehouse
receivable Total Current assets: $ 21 000.00 Owners’ equity: Paid-in capital: Assets Current assets Cash $ 10 172.00 Inventories $ 2 800.00 Prepaid Expenses $ 1 428.00 Total Current assets: $ 14 400.00 Lone Pine Cafe Balance sheet As of November 2‚ 2009 Liabilities and Owners’ equity Current liabilities Notes payable‚ bank $ 69 000.00 Total Liabilities and Owners’ equity: $ 69 000.00 Lone Pine Cafe Balance sheet As of March 30‚ 2010 Liabilities and Owners’ equity
Premium Generally Accepted Accounting Principles Balance sheet Revenue
Pine Ridge Indian Reservation is a two million acre plot of land in South Dakota. It is the second- largest Native American reservation in the United States. Over 40‚000 people live there‚ and approximately 35% of those are children. The Ogala Lakota Sioux of Pine Ridge Indian Reservation are the poorest of the nation. The unemployment rate averages between 80% and 90%. Those that have jobs earn an average income between $2‚600 and $3‚500 annually. Families subsist on about $4‚000 a year. (“Stats”)
Premium Poverty Health care Medicine
19. Point of Pines Located at 190 North Shore Road‚ these apartments offer easy access to the North Shore‚ Boston and the Logan Airport. Because of their location two blocks away from the bay and Revere Beach‚ tenants can enjoy having gorgeous views of the waterfront and the quaint cityscape. Meanwhile‚ the express bus to the city is less than 100 yards away. In total‚ there are 72 different units available at this location. Tenants will find a range of different two-bedroom layouts at the property
Premium Real estate Rooms House
recognized as incurred‚ not when paid. March’s utility bill is an expense of March when the obligation was incurred. Income tax provision relates to pretax income. Must be matched with related income. Case 3-2: Lone Pine Café (B) Note: This case is unchanged fro the Tenth Edition. Approach This case introduces students to preparation of an income statement based on analyzing transactions. At this stage‚ students are not expected to set up accounts in the formal sense. However‚ in effect they do
Premium Revenue Expense Income statement
SOLUTION FOR LONE PINE CAFE CASE: A)Each of the partners contributed $16000 cash to the partnership and agreed to share in their profits proportionally to what they had invested which amounts to 1/3rd of the total profit. Therefore‚ each Owner’s equity : $16000 cash They signed a one year lease at a nearby cafe called the Lone pine cafe and agreed to pay a rent of $ 1500 every month. The partners borrowed $21000 from the bank . They used $35000 out of their partnership money and
Premium Balance sheet Asset Generally Accepted Accounting Principles