Accounts receivable

PROFITABILITY RATIO Gross Profit Margin Gross profit margin is a standout among the most essential marker to measure organization's well-being. Gross profit is the balance that the organization have ubtracting the cost goods produced from the sales figure. In this way, gross profit margin is the percentage of gross profit from the business esteem that organization accomplished. The higher the percentage of gross profit margin the better. The industry average of gross profit margin was 22…

activities. 1. Operating Activity: operating Activity includes the activity which is going to contribute for manufacturing the product. • Revenue : amount earned from sale. Sales revenue, Interest earned. • Collection from debtor also known as Accounts receivable: money which going to receive from customer • Inventory: stock available for sale • Expenses: Interest payable, tax , selling and administration expenses, cost of goods sold. • Payment to Creditors. 2. Investing Activity: it includes…

Amy Gabriel October 14, 2015 Intermediate Accounting- Case #1 Chico’s FAS, Inc. is a retail company that encompasses four brands: Chico’s, White House Black Market, Boston Proper, and Soma Intimates. The company earns revenue through the sale of women’s clothing and accessories in stores and online. Chico’s defines the critical accounting policies that they use to explain any discrepancies between the dollar amounts on the financial statements and the actual cash amount to its Audit Committee…

When it comes to your business, it’s all well and good to have a business name, market research and a business plan, but, what your business needs is some funding to get it going. Where are you going to get this funding? Business funding can come from an array of sources such as: Friends and Family Investors Business Loan Crowdsourcing Which one of these options is best for you? Read on to learn more about each one and how they can help you get your business doors open and stay afloat. Back to…

company’s ability to collect enough short-term assets to pay short-term liabilities as they come due. Because reimbursements are paid after services are provided, minus contractual discounts, managers have to double their efforts to collect accounts receivable and maintain liquidity and to have enough resources on hand to take advantage of new opportunities as they come. Leaders also have to be financial conservative and take all steps necessary to minimize expense and collect every…

1. A bank balance sheet is different from that of a typical company. Explain the differences. It is clear that there are some differences between a bank balance sheet and a company balance sheet, after all, they are different types of business, and although they share some similarities, they do differ in some aspects, let’s take a closer look. A company balance sheet summarizes, “the net assets of a company by subtracting total liabilities from total assets to arrive at total equity.” (Shaftoe,…

A high Acid test is significant, current liabilities are short-term debts including accounts payable, other related expenses, and accrued salaries; if economic conditions continue to plunge, Competition Bikes must recognize their ability to meet these direct needs or not. The Acid Test ratio in the analysis illustrates year 7 at 4.52 while year 8 sits at 4.25. Due to the acceptable acid test ratio is .90 to 1.00 for most industries, it is benign to assume the high figures Competition Bikes’…

1. While at PepsiCo in the role of Pre-Sales Representative, I was assigned to a large sales territory which allowed me to work independently with little direction. On a daily basis, I was I was responsible for managing my schedule in regards to my sales route. I used my best personal judgement to schedule my route based on the customer needs, company goals, and sales goals. I excelled in this environment by winning multiple best customer service awards and maintaining above average sales…

Introduction The financial analysis of a company is important to determine its success and progression into new business endeavors. In this analysis, I will discuss the financials of The Hershey company, as well as how the company derived. Milton S. Hershey, founder of The Hershey Company, established remarkable endeavors for the company that still proves success. Milton S. Hershey, established early on it was the best maker of chocolate. He relayed this in their mission and vision statements.…

Ernst & Young LLP was founded in 1894 and its located in New York, New York with additional offices in the United States, Middle East, Australia, Europe, and Asia. It specializes in providing auditing, assurance, technology and security risk, enterprise risk management, transaction support, merger, and acquisition, actuarial and real estate advisory services as well as many other services. The company the company in the scandal was Weatherford International is one of the biggest multinational…