Financial Prospects Proforma Income Statement Forecasted 2016 Pro Forma 2017 Pro Forma 2018 Pro Forma 2019 Sales 3,751,350.00 4,210,050.00 4,668,609.00 5,127,300.00 COGS 2,518,656.39 2,826,627.57 3,134,498.04 3,442,469.22 Gross Profit 1,232,693.61 1,383,422.43 1,534,110.96 1,684,830.78 Operating Expense 599,814.00 599,814.00 599,814.00 599,814.00 Net Income before taxes 632,879.61 783,608.43 934,296.96 1,085,016.78 Table 6.1 Average Growth Rate 2017: 783,608.43 – 632,879.61/ 632,879.61 =…
When deciding to invest in a company it is important to look at multiple aspects of the company. Just because the company’s net sales increase does not mean the company is in a better financial position. It is also important to compare the focus company to another company in the same industry. Yes, the focus company may look like it is growing, but is it growing as fast as the rest of the companies in the industry? When looking at investing one should take a look at profitability, solvency, and…
Re: Timbervest Partners A, L.P. - Sale of Timbervest Fund Management Business Joel, I received your letter requesting the transfer of the sale of Timbervest Fund Management to Domain Timber Investments. Not disclosed is the reason for the proposed sale. Another non addressed issue is the poor performance of Timbervest versus other timber related investment comparisons. At the Timbervest investment promotional meeting at Mesirow Financial in Highland Park, IL. in July 2005 given by you and…
The Department reviewed audited financial statements provided by First Guaranty Mortgage Corporation for year-end 2014 and 2015. Richey May & Co. completed the independent audits in accordance with generally accepted accounting principles. The financial analysis is based on a review of the stated financial condition of the company and should not be considered an attestation regarding the validity of the figures. Capital The capital position of the Licensee appears…
to double the capacity - Proximity to US (customer market) which could minimize the logistics cost - Existing management info system and Material requirement planning (MRP) software could be leveraged to improve customer responsiveness - Better inventory turns compared to Century glass (China) (Six turns Vs two turns) - Better lead times compared to Century glass Weakness - About 8x labor cost when compared w/ low cost (off-shore) manufacturing facility (one week worth labor) - High wage…
Summary: Inventory basics are a company’s merchandise, raw materials, and finished and unfinished products that have not yet been sold. Real world inventory scenarios are not ideal; time is required to produce and deliver products, and customers’ wait is limited. Ideal environments are digital products, services provided. Inventory is measured in days of inventory (amount of inventory divided by average daily demand). This is easily an understood model. Inventory turns are 365 days of…
The best moving company appears legitimate. Unfortunately, they won't show their true colors until they got your items hostage. By then, it's too late. It's puzzling to distinguish which companies are scams based on name or first impression. It is up to you to find a reputable mover. Instead of selecting the first mover available, let this article help you find a legitimate moving company. The Moving Scam While many frauds exist, a typical scam begins with a nice phone conversation.…
Owing to the fact that PacifiCorp is a private firm that is why there is not enough information available to do a detailed valuaton of the company. However, the current ratio of the company is found to be more than 1 which shows a positive outlook. Current Ratio is a liquidity ratio and measures the ability of a firm to pay its Current (Short term) liabilities with its Current (Short term) assets. A ratio of greater than 1 would indicate availability of more current assets per unit of current…
Although Stone Resources Australia Ltd. has mathematically bigger ROE than BEST Resources Ltd.’s, Stone Resources Australia Ltd.’s ROE is irrelevant to profitability as the company has both negative net profits and average equity. Therefore we can interpret Stone Resources Australia Ltd.’s last financial year’s performance is obviously not profitable. This is because mining industry is gradually declining recently, thus finding investors or attract capital to this area is difficult (Dheeriya…
For centuries, individuals had been setting their clocks once, rather than twice- that is, each year. The idea of daylight savings, where time is pushed forward an hour, was formally enacted into the United States Congress in 1918, changing the time across the country. However, as Source A states, this idea was not “proved popular, and, as a result, it was repealed the following year.” Although the act was later reinstated, the lack of popularity initially was validated by the harm it had, and…