EXERCISE 4-3 (20–25 minutes) LeRoi Jones Inc. Income Statement For Year Ended December 31‚ 2007 Revenues Net sales ($1‚250‚000(b) – $17‚000) $1‚233‚000 Expenses Cost of goods sold 500‚000 Selling expenses 400‚000(c) Administrative expenses 100‚000(a) Interest expense 20‚000 Total expenses 1‚020‚000 Income before income tax 213‚000 Income tax 63‚900 Net income $ 149‚100 Earnings per share $ 7.46* *Rounded
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Movie Industry Analysis Movie Industry Analysis The global motion picture industry has annual revenues of approximately $60 billion USD. • The studio business has a historical rate of return of around 13% per year‚ which is likely to increase as digital media creates new opportunities for the distribution of film properties • US box office for 2005 was $8.99 billion. For the fourth straight year‚ domestic cumulative box office from all studios continues to hold near $9 billion • Worldwide box
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consultants to prepare a detailed analysis‚ which will aid in discussion with Wu. Action Plan 1. To conduct a cost analysis to determine the main cost activities for SDS; this will include fixed cost and variable cost. 2. To conduct a revenue analysis to determine cost per revenue. 3. To construct a detailed Contribution Margin Income Statement for SDS. 4. To present a Break-Even analysis 5. To use What-If analysis to show the impact of increasing and decreasing commercial prices and promotion. 6. To make
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a period of time. To measure profit the total generated revenue over a period must be identified. Revenue is a measure of inflow of economic benefits arising from the operations of the business. These benefits will either result in an increase of assets such as cash or amounts owed to the business by the customers or a decrease of liabilities. The total expenses must also be identified. Expenses are obviously the opposite of revenue. It represents the outflow of economic benefits. The profit
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Question one (a) The current revenue recognition policy of Biovail is “Free On Board” (FOB) which states that in which point shipper can transfer the responsibility and the ownership of goods to the buyer. There are two possibilities of FOB. When the contract use “FOB shipping point”‚ the seller has the responsibility for the goods until the goods leave the seller’s dock. Alternatively‚ when the contract uses “FOB destination”‚ before the buyer takes the possession‚ the seller still keeps
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HARVARD BUSINESSSCHOOL Software Associates Susan‚ I have just seen the quarterly P&L. It’s great that we exceeded our billed hours and revenue targets. But why‚ with higher revenues‚ is our bottom line less than half of what we had budgeted. Can we have a meeting tomorrow morning at 8 AM so you can explain this discrepancy to me? Richard Norton‚ CEO of Software Associates Norton‚ the founder and CEO of Software Associates called Susan Jenkins‚ CFO of Software Associates‚ after skimming
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the United States and worldwide‚ announced on February 20‚ 2013 a merger agreement with OfficeMax‚ Inc.‚ which will better equip them to compete in the rapidly-changing industry. In fiscal year 2012 alone‚ Office Depot generated $10.7 billion of revenues from its products and services‚ yet industry reviews of this company seem unfavorable. In this FSA Case Analysis‚ our team takes a careful look at Office Depot’s most recent financial statements; and‚ using the FSA spreadsheet‚ performs an internal
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However‚ as Table 1 indicates‚ Enron’s reported profits were microscopic relation to revenues. Net income did not grow at anything near the same rate as revenues‚ which grew a remarkable rate of more than 3 times of the income from 1998 to 2000. As a result‚ there was a steady decline in net profit margin‚ from 2.2% in 1998 to a paltry 1% in 2001. Similarly‚ Enron’s gross profit margin (gross profits as a percent of revenues) declined from 15.6% in 1998 to 13.3% in 1999‚ and took a dramatic drop to 6.2%
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Pakistan will have 130.6 million mobile subscribers in 2013 with market share of Mobilink declining to 27.8% Mobile Operator Forecast on Pakistan provides over 50 operational and financial metrics for Pakistan’s wireless market and is one of the best forecasts in the industry. The publisher provides five-year forecasts at the operator level going out to 2013. They also provide quarterly historical and forecast data starting in 1Q2003 and ending in 2Q2011. Operators covered for Pakistan include:
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remarkable revenue growth in the past six years as evidenced by its financial statement. Google is having solitary income where the biggest revenue came from advertising that represent 97 % percent of total income of the company and only 3 % from other sources. This is putting the company at risk when there is any blockage from advertising such as intellectual properties right being compromised‚ government pressure to filter the content and any other issue will disrupt the company’s revenue. It also
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