Operating expense

the leases related to its leased facilities, it could secure similar substitute properties without a material adverse impact on its operation.” Operating Leases Hasbro accounts of lease expenses are recorded on a straight-line basis. When a reimbursement from lessors to leasehold occurs, this are deferred and recognized as a “reduction to lease expense over the remaining lease term”…

funding’s to support the museum operations. One of the recent study shows that most of the museum operating expenses are going to the art-focused activities, that’s around 32% and another great part of expenses goes into the revenue-generating activities such as marketing and benefit events that will attract more visitors to the museum; also, the salaries of employees are another large portion of the museum’s expense. The study also shows that museums are making around $28,000 for loaning the…

activities. Three types of Business 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.…

Revenue is the profits a company receive from sale of goods or services before any cost or expenses are subtracted; it is known as the top line on a company (Investopedia, 2016). General Electric recognizes revenue when all sales are final upon delivering or sales agreement are in place. Most of the GE multiple components are in the same agreement. GE total revenue as of December 31, 2012 was $ 146,684,000, as of December 31, 2013 was $146,045,000 and as December 31, 2014 was $148,589,000 (Yahoo…

possible. The software assesses me with summary reports as well as calculations for different views and contexts in financial planning. Some examples of the programs are: education and retirement savings, debt and mortgage repayment and income and expense budgeting.…

Due to the 150,000-brochure printing capacity, the special order from Abbie Jenkins should not be accepted. Fineprint would see a $250 savings due to the absence of a sales commission expense. The sales commission does not cover the loss of income from selling the brochures at $10 per 100 brochures instead of the usual $17. Fineprint Company is set up to lose $1,750 if they accepted the offer and $1,500 net, creating a negative variance. It should also consider the opportunity cost and…

leaders in the organization make plans and perform according to the desired budget and deviate from it as less as possible. In this paper the budget analysis is presented and the variance will be discussed. The outcome of increasing the marketing expenses in T & P Fashion, it has be decided that the management must pay attention to the variances and work towards its improvement. The flexible budget is a type of budget where the budget adjusts itself on the basis of the volume…

Special Order Results I think taking the special order, if we have excess capacity to do so, would be a positive choice. It would add a $13.25 per burger addition to our operating income if we went with the variable cost structure and a $30.03 increase per burger using the fixed cost structure8. I think that if this was a recurring order, I strongly suggest using the fixed cost structure since the fixed cost are taken care…

is still not as significant as the other strengths. Costco gains a majority of its competitive advantage from customer loyalty and simplicity of design in there stores which is vital in this industry. Costco does not have a significant amount of expenses associated with research and development: The only research and development really associated with Costco is the development of their Kirkland’s Signature brand. Research and development is important to constantly help assure that the industry…

buying of durable items such as a refrigerator. These are goods that are purchased that would not be made each period. Capital expenditures involves a longer-term plan. free cash flow: This refers to the remaining income after subtracting living expenses and debt that is obtainable for capital expenditures or investment. Capital expenditures are usually aspect of a long-term plan of structuring an asset base. Investment may also stand as a part of a longer-term plan to structure an asset base or…