Asset

Overland Trucking 1. Relevant costs that would be incurred with accepting FHP’s proposal would be insurance, fuel, oil lubricants, tolls, parts and small tools, hourly wages for drivers and the trailer pool expense. Fixed costs are not relevant as they will be incurred regardless if Overland accepts the deal or not. These expenses are a fixed amount that do not fluctuate with the number of shipments the company does. 2. The contribution of each mile is $0.76. FHP proposed a price of $2.15/mile…

struggle to build wealth in the long term. Do not be silly and put 20% of the net from your wages into your emergency fund. It only needs a small trickle of money every month to ensure it grows at a similar rate to your wealth. After all, if your assets grow from $500 to $5mil in ten years, then your emergency fund of $700 isn’t going to do much good. A nice rule of thumb is to divide your current investment amounts by…

Exercise 17-7 1. Current ratio = Current asset Current liability 2008 ($378,00+502,00+54,000+5,000 )/($51,250) = 2.87 : 1 2009 ($35,625+62,500+82,500+9,375)/($75,250) = 2.52 : 1 2010 ($31,800+89,500+112,500+10,700)/($129,900) = 1.88 : 1 The current ratio is declining from 2008 , 2.87 : 1 to 2010 ,1.88 : 1.Therefore, the short-term debt-paying ability for Simeon Company is decrease. 2. Acid –test ratio = cash+ short-term investment+ Current receivable…

sales do. The overall production costs have increased steadily as well, but this is probably due to the large amount of inventory added between 2000 and 2001. We see the increase of inventory cost spike from an 35% up to 58%, increasing total assets and we see that reflected back into the sales. This is supported also by the large spike (49% increase) in short-term debt from 1999 to 2000. We can assume this debt was taken on in order to…

the financial position at the end of a part of the accounting year. C4) Balance Sheet Audit: Balance Sheet Audit is an American terms which means verification of the items appearing in the balance sheet. It includes verification and valuation of assets and liabilities appearing in Balance Sheet. Profit and loss account is not given much importance in this type of audit. In balance sheet audit, the auditors assume that there is a…

Reebok India Reebok international ltd is a public company. It was incorporated in 1979 as Reebok U.S.A. It generate sales of $3064 billion in 1997.reebok stock exchange was setup in New York. Reebok was founded in 1895 by j.w foster and sons in Bolton Lancashire, England. Then it was renamed as Reebok in 1958. It has been operating as a subsidiary of Adidas since 2005. Product line Reebok is an athletic footwear company. It produces and distributes fitness and sports items including. The…

The two men had tentatively discussed the possibility that Northrop Bank might extend a line of credit to Cartwright Lumber up to a maximum amount of $465,000. Cartwright thought that a loan of this size would more than meet his foreseeable needs, but he was eager for the flexibility that a line of credit of this size would provide. After this discussion, Dodge had arranged for the credit department of Northrop National Bank to investigate Mark Cartwright and his company. The Cartwright…

differently, and that difference can cost you if you aren’t careful. Actual Cash Value Renters Insurance Policy An actual cash value insurance policy takes into consideration depreciation. Depreciation is a financial method of reducing the value of an asset based on the amount of…

add cash, cash equivalents, short term investments and current receivables and divide them by the current liabilities. I found that the quick ratio is 1.86, we use this to find the companies liquidly position, which the company has $1.86 of liquid asset available to cover for every $1 of the company’s current liabilities. The inventory turnover rate allows us to determine how often the inventory is sold within a year. The rate is important because the company has a large amount of money tied up…

The reason for the undertaking is to comprehend the effect on the shoppers taking into account the situating of the banks as per the four parameters of the Keller's Model which are remarkable quality, character and execution, judgment and feeling and the brand reverberation. These needs help to dissect and appropriately comprehend the connection of the specific client to the specific bank of his decision in India. The significance to overseeing brand value in predominant focused situation and…