The purpose of this report is discussing the case of Wilkerson Company that confronting tough competition in price cutting in pumps which caused to a big drop of pre-tax operating income from 10% to 3%. After observing the existing costing allocation‚ we found out there is an issue on the existing costing report that the manager could not be able to see the real situation. In light of this‚ there will be brought to the discussion on the feasibility of using an alternative costing method – Activity
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Star Appliance Case Study Situation: Star Appliance is looking to expand their product line and is considering three different projects: dishwashers‚ garbage disposals‚ and trash compactors. We want to determine which project would be worth doing by determining if they will add value to Star. Thus‚ the project(s) that will add the most value to Star Appliance will be worth pursuing. The current hurdle rate of 10% should be re-evaluated by finding the weighted average cost of capital (WACC).
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INTRODUCTION The rapid development in science and technology has paved its way for sophistication by automation. People now a days‚ are inclined towards devices that are sophisticated‚ simpler to use and secure. In this project entitled “Home Appliances Control using Different Controlling Modes “‚ a prototype is developed which shows how the best utilization of technology can be made in order to secure a home not only from threat but also by ensuring all the safety measures. The project also throws
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ACCOUNTING: COMPANY REPORT ON SNAGS LTD Prepared for: Management of Snags Ltd Table of Contents Executive Summary 3 Introduction 4 Ratio Analysis 5 Return on Equity Ratio 6 Return on Assets Ratio 6 Asset Turnover Ratio 7 Inventory Turnover Ratio 7 Account Receivables Turnover Ratio 8 Gross Profit Margin 9 Net Profit Margin 9 Current Ratio 10 Gearing Ratio (Debt to Equity Ratio) 11 Profitability 11 Liquidity 11 Efficiency 12 Capital Structure
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Professors 4-Hour Case As a new hire of Silver Ships‚ you have been asked to prepare an industry and company analysis for Mr. Mike McCarty‚ owner of Silver Ships. Your report should also provide specific recommendations with brilliant justifications based on your industry and competitive analysis. Rev. Confirming Pages g Silver Ships’ Strategy in the Military and Workboat Industry CASE 14 David L. Turnipseed University of South Alabama s Mike McCarty walked through the Silver Ships shipyard
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Silver Ships is not as well prepared for the future as it could be in terms of succession planning‚ diversification and capital structuring. The attached report recommends that Mike McCarty take immediate action to establish a strong plan for the future of the company. The company is currently funded entirely by equity‚ and the appropriate use of debt to grow the company would provide for opportunities to expand and diversify. McCarty must rely on his vision and innovative skills to expand and
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1. award: 0 out of 0.00 points On January 1‚ Puckett Company paid $2.64 million for 88‚000 shares of Harrison’s voting common stock‚ which represents a 40 percent investment. No allocation to goodwill or other specific account was made. Significant influence over Harrison is achieved by this acquisition and so Puckett applies the equity method. Harrison distributed a dividend of $2 per share during the year and reported net income of $613‚000. What is the balance in the Investment in Harrison
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to heavy consumption of electric power that calls for the adoption of energy efficient appliances. Energy efficiency refers to reduced use of energy in a given service (Dorsi & Krigger‚ 2008). The reduced consumption of energy is as a result of technological advancement as well as from non-technological factors like improved economic conditions. This poses a question: why should we use energy efficient appliances in our different levels of activities? The answer to this question can only be found
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total of profit or loss and other comprehensive income. The profit and losses as well as other comprehensive income generated by an entity will have impact on the assets and/or liabilities of the entity. As the result of the requirements of some accounting standards‚ certain income and expenses will not be included in the statement of comprehensive income‚ but rather are adjusted directly against equity. Manager should choose expenses and incomes that do not belong to a specific equity account.
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Recommendations for Silver Ships to gain a competitive advantage in the Military and Workboat Industry 1. Focus on the Gulf of Mexico a. As stated in Exhibit 4‚ Silver Ships has had quite a few buyers focused around the Gulf of Mexico. b. Alabama is in the middle of the US shoreline for the Gulf of Mexico. c. Silver Ships can use the International Workboat Show stated in Exhibit 3 to draw more customers from all around the Gulf. i. They have already have had previous
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