Define financial accounting and managerial accounting. What are the characteristics of financial accounting and managerial accounting? Financial Accounting is define as the art of recording, categorizing, summarizing and reporting a business transaction in a trivial fashion and in regards to money, the summary of this transactions are in the preparation of financial statement, which includes, income statement, balance sheets and cash flow statement, that sum up and interpret the operations…
PROFITABILITY Profitability is the dexterity of a business yield profit. Profitability is responsible for the business to stay in the market or not. Profit itself is what left of the turnover a business beget after it pays all expenditures which contributed in the generation of the turnover (like product production, overheads, wages and other expenditures) related to the management of business operation. If the business is generating the turnover equal to its expenditure, making neither a profit…
Final Project Part 1 Tina McGee Due 9/25/2017 I. Analyze Roles and Responsibility for Compliance A. A finance manager is tasked to manage the funds of a company to the best benefit of the company while following compliance guidelines. To do this some of the decisions a finance manager would make would pertain to the capital structure of a company, input on investment and dividends, cash management and very importantly evaluating the financial performance of the company. B. As a financial…
Kaplan and Norton’s Balanced Scorecard provide four perspectives that assist in creating vision and strategy as follows: Finance – Observes high level financial objectives and measures and asks how does a company look to its shareholders? Customer – Focuses on customer satisfaction and asks how do customers view a company? Internal Processes – Focuses on how well the company is run and if a company is providing what the customers want, or answers the question, what should a company be best at…
This report provides an analysis of the distribution expansion for Tom Ford brand. The research draws attention to the fact how Tom Ford brand became global brand, growth of its retail network and distribution methods it uses on COO market and the Global market. In introduction, you will be able to read overview of the brand, and the recent successes, developments and some issues that brand has during last three years, and three-year change of the retail network. Second part is, Analysis, I’m…
Total Expenditure XYZ Ltd. has three headings of cash outflow. COGS speak to the month to month expenses of goods sold, for example, costs for direct material, energy and work that takes to make or to deliver the specific item. These expenses can be additionally called variable costs, VC, as they flex depending upon the organization's level of action/production and decide the organization's offering value that is reflected in sales forecast, including 70% of COGS (see Appendix: Section A). The…
1. INTRODUCTION An investigation carried out by Income & Sales Tax Department disclosed that Nefret Stores, a large discount cosmetic department store chain, understated accounts payable and recorded fictitious supplier credits. Therefore, Nefret’s audit firm, Abdul & EL-Emir tested their accounts payable and supplier credits including supporting advertising credits, Nashwa credits and Zaki credits. 2. CASE ANALYSIS 2.1 Advertising Credits In this case, there were only 8 out of 2,500…
FUTURE OF THE INDUSTRY The majority of today’s market research points toward the steady decline in the movie rental industry, with many companies having filed for bankruptcy within the last few years. A number of factors are to blame, chief among them technological advances, not moving with the times and a lack of demand. While the case study highlights Blockbuster’s shortcomings, it inadvertently brings to light the opportunities that arise and the pitfalls to avoid. Blockbuster initially…
Rawhide Brewery Case Study Michelle Weaver Saint Leo University Dr. Kouassi Koucoa GBA 398: DL01 Integrated Perspectives on Business March 19, 2018 This is a case study about two companies trying to improve their profitability. Rawhide was a brewery company based out of Ontario, Canada. In 2011 Rawhide had annual sales of $5.3 million, but in 2009 the company doubled its capacity in operations. Because of this, the company’s operating capacity fell way below…
6.5. FINANCIAL ANALYSIS TABLE 6.1: Differential costs associated with the year-long operation of 16 boxes. Differential costs are recurring incremental expenses incurred by Western because of Purple Recycling. Differential Cost Analysis For the year-long operation of 16 boxes Assumption Utilities Expense $0.84 USD / year / box [11] 17.07 Server Hosting Expense $50 / month [12] 600.00 Maintenance Expense $150/year/machine [13] 2,400.00 Wages Expense 10 minutes to empty each box, 4 times…