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.‚
Premium Asset Generally Accepted Accounting Principles Balance sheet
Task 1 The rice market is our product concerned in this assignment. As a pantry necessity for the Asians‚ the rice market has an inelastic demand. Also‚ it has no close substitutes or perfect substitutes. This makes the importance of rice inevitable. On the other hand‚ the rice market has an elastic supply. Due to the wide variety of rice provided in the market‚ the quantity supplied by sellers tends to respond substantially to slight changes in price. Assume an equal value of tax is placed on
Premium Economics Agriculture Supply and demand
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
Premium Marketing Sales
Biochemistry‚ GRT1 Task 2 Essential Amino Acid Valine A1: 2 Characteristics of Valine • Valine is a nonpolar amino acid‚ with many carbons surrounded by hydrogen. Valine is unable to interact with water molecules‚ making it HYDROPHOBIC (MSDS‚ 2005). • Flammability- Valine is combustible at high temperatures. These products are carbon oxides and nitrogen oxides. In case of a small fire‚ dry chemical powder should be utilized. In case of a large fire‚ utilize water spray‚ fog or foam. No water
Premium Water Carbon Flame test
Financial Analysis Task 2 A1. Concerns There are a couple of concerns with Competition Bikes Inc.‚ ProForma for year 9. The first concern is the amount of money that is allocated to research and development. For the previous three years‚ they have been all over the board with their budgets. The sixth year was $71‚460‚ the seventh year was $98‚280‚ and the eight year was $82‚284. This is concerning that the budget has fluctuated so much. In the ninth year they have allocated $85‚861. This budget
Premium Budget Cost Management
option to fill out. These cards will ask our clients to rate our salon staff on a scale of 1-10 on their appearance (are the in uniform and presentable)‚ level of respect‚ trustworthiness‚ responsibility‚ fairness‚ citizenship‚ and caring nature. 2. Our Secret Shopper Team will also complete survey cards for each of their visits. These surveys will not only include the same as the customer surveys but they will also include a more detailed experience about their time spent at the salon and about
Premium Marketing Aftermath Entertainment Decision theory
Financial Analysis Task 5 Part B-Report to CEO B1. Custom Snowboards sales history has been steadily increasing per the table below. CSI has had small growth in sales with an equal increase in COGS. The COGS is relative to the increase in the net sales‚ however‚ CSI should look further into ways they can decrease their COGS line item in order to see more profit growth from year to year. We can see on the Horizontal Analysis below that net sales‚ COGS and Profit all had the same increases from years
Premium
Custom Snowboards Inc. Managing Capital & Financial Assets 04/19/2014 WGU JET2 Financial Analysis Task 5‚ Part I - PASSED To: Vice President for Chief Financial Officer (CFO) The following is a summary report is an analysis of the current financial statements of Custom Snowboards Inc. The company wishes to be considered for an extended long term loan for a European expansion. We have arrived at a selection of key financial statement line items‚ conducted a risk assessment‚ and ratios
Premium Generally Accepted Accounting Principles Balance sheet
Evidence-Based Practice & Applied Nursing Research Western Governors University BSN Program Karolina O’Loughlin Student ID: 256940 Type of Sources / Appropriateness of Sources / Classification of Sources American Academy of Pediatrics and American Academy of Family Physicians article regarding acute otitis media is a filtered resource. It is an appropriate source for nursing practice because; it establishes clinical guidelines to diagnose and manage AOM. It also establishes guidelines
Premium Ethics
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
Premium Net present value Internal rate of return Investment