Ratio Analysis Memo ACC 291 Ratio Analysis Memo This assignment required the members of Team D to choose a virtual organization to prepare a memo to the CEO of said company discussing the finding of our ratio calculations and to submit a horizontal and vertical analysis for both the balance sheet and income statement. Team D chose Berry's Bug Blasters as our virtual company. We chose use the financial statements from the year 2005 through 2008 for this comparison. The ratio calculations we will show are liquidity, profitability, and solvency. LIQUIDITY RATIOS Current Ratio (Current Assets/Current Liabilities) 2008 $1,836,770.12/$306,805.71 = 5.986 Ratio = 5.99:1 2007 $1,308,685.20/$366,786.29 = 3.567 Ratio = 3.57:1 2006 $313,556.46/$180,107.60 = 1.7409 Ratio = 1.74:1 Acid Test (Quick Ratio) (Cash + Short Term Receivables + Receivables (Net)/Current Liabilities) 2008 $818,440.68+$812,395.13/$306,805.71 = 5.315 Ratio = 5.32:1 2007 $291,703.44+$811,047.45/$366,786.29 = 3.006 Ratio = 3.01:1 2006 $32,901.07+$198,281.67/$180,107.60 = 1.283 Ratio = 1.28:1 Receivable Turnover (Net Credit Sales/Average Net Receivables) 2008 $3,249,580.53/ ($812,395.13+$811,047.45/2) $3,249,580.53/$811,721.29 = 4.003 = 4.0% 2007 $3,893,027.78/ ($811,047.45+$198,281.67/2) $3,893,027.78/$504,664.56 = 7.714 = 7.7% 2006 $1,903,504.00/ ($198,281.67+$36,595.21/2) $1,903,504.00/$117,438.44 = 16.208 = 16.2% Inventory Turnover (Cost of Goods Sold/Average Inventory) 2008 $3,249,580.53/ ($205,934.30+$205,934.30/2) $3,249,580.53/$205,934.30 = 15.779 = 15.8% 2007 $3,893,027.78/ ($205,934.30+$82,373.72/2) $3,893,027.78/$144,154.01 = 27.006 = 27.0% 2006 $1,903,504.00/ ($82,373.72+$20,593.43/2) $1,903,504.00/$51,483.58 = 36.973 = 37.0% PROFITABILITY RATIOS Profit Margins (Net Income/Net Sales)
Global Tech Simulation Report # 2 Prepared for: Frank Miller Date: June 7th, 2011 Prepared By: Oresta Babyuk John Chao Nicole Harriott Marek Malycha TABLE OF CONTENTS 1) Change at Global Tech 1 2) Successful Simulation 2 3) Challenges to Change 3 4) Feasibility, Focus, Effectiveness 5 5) Framing and Re-Framing 7 6) Effective and Ineffective Tactics 8 7) Nature of Change 9 8) Team work 10 Change at Global Tech The change that was implemented in Global Tech simulation was integration of departments and a more focused and strategic vision for the company. These two main issues caused Global Tech to be stuck in their downward spiral. As a result, tackling these issues gave Global Tech an opportunity to again be a leading competitor in its industry. The first decision that needed to be made was the need for change. This was done by arranging for senior managers to tour other local companies who succeeded in producing new commercial technology (Benchmarking), getting a better understanding of the day to day challenges and concerns of the front-line workers (Walking the floor), interviewing customers with focus groups to observe consumer needs (Focus group interviews), and identifying the overarching core problem(s) that causing this downward spiral (Identify problem).
Dear Sir, Thank you for taking the time to meet with me today and discuss your concerns with internal controls and security. Going public is a big step in the development of a corporation, and you will come under great scrutiny as to your security principles and internal control mechanisms. My colleague has informed me of several examples of how your business operates and I have prepared a few remarks and recommendations for you to address before going public. Before I delve into the heart of the matter, I would like to remind you of the objectives of internal control practices: first, to safeguard the assets of the corporation, improve the reliability of its accounting practices and records, increase the efficiency of the corporation's operations, and ensure that it's following laws and regulations. This can be achieved through the following general principles: 1.
Running Head: TARGET-MARKET STRATEGY Target- Market Strategy MKT-245 Principles of Marketing Grand Canyon University August 22, 2010 The purpose of this paper is to inform the reader of my product and what are my strategy for entering the markets and what the potential barriers I may encounter. I would start off my giving my product a name that has a key phrase that describes the product category for the customers’ or potential customers’ mind. No matter how you brand your company, it must deliver on its promise. If you promote your brand with strong customer service, your customers better feel that way or it will fall flat. Speedy service can’t be slow.
Integrated Business Communications Dr. Ouida McAfee Strayer University LEG: 505 Managerial & Business Communications • 9/8/12 Abstract In this paper, we will discuss, as a future executive, explain what are the most important communication issues you will have to face as you embark upon your career, discuss whether communication will become more complex, or less complex, and why, address what role technology will play in the communication of thoughts and ideas, discuss how the information gap between generations, cultures, income levels, and education can be resolved and include a statement of your personal philosophy
The sample business plan that I selected is the Personal Event Planning business plan. It the sample businesses plan that I can identify with my business the closest. My business is JAJ Professional Services, it is my responsibility to draw down on the resources, utilize talents and experience to offer processional services.
XYZ Healthcare the Future of Southern New Jersey’s Health Benjamin Church MG5110 New England College Abstract This paper is going to explore the attributes both positive ns negative of the company in which I am currently employed. There will be a brief review of the structure of the company and the mission. Businesses always need to look to improve their footprint on the market to stay competitive in this fast moving world of the 21st Century. It will explore how my organization uses technology to stay ahead of the competition and where it can improve. This paper will serve to review its current practices regarding management.
Business Research Methods, Part 1 Brenda Callahan, Jerilyn Collins, and La Tonya (Team C) University of Phoenix Applied Business Research and Statistics QNT\561 Rene Cinitron March 14, 2012 Business Research Methods, Part 1 Research is an integral part of building a strategic platform and implementing successful measures within an organization. Research includes several key factors to ensure the desired results are achieved. Developing the appropriate research question is crucial in solving quandaries. Additionally, determining the appropriate research design and identifying a sample design for collecting data are factors for study. “Research is a process of finding facts and arranging them in such a manner that information is obtained regarding any fact, figure or phenomenon.
The Plaza Inn Integrative Case 7.0 Management 326, Organizational Theory March 10, 2011 Abstract An observation of Integrative Case 7.0, The Plaza Inn will be discussed, first by way of a general overview of this private hospitality entity. Examination of design and structure, with mission and strategy in mind, will address the sometime complex diversity and challenges of the internal and external environment. While the climate of economic stability and globalization is relentless, this project addresses the overall concerns perplexing management. It includes their strengths, weaknesses, innovation, and eco-balance, inclusive of cultural and ethical values, that cannot be disregarded, in order to assess overall performance. Consideration of changes needed to the organizational design and inter-departmental structure, will be determined to procure The Plaza Inn’s survival of the future.
I have planned to take up ‘BBA in management’ offered by the American national College in partnership with the Northwood University, USA in order to accomplish the mentioned goal. By, 28 years of age, I would like to establish myself as an efficient manager, particularly an operations manager or a human resource manager, in the same company that I would be initially employed as a management trainee. I expect to serve the company with sincerity along with the application of theory in practice. Between 24 and 28 years of age I would take up a MBA in International management while I attempt to settle down as a recognized manager in the particular company I work for. I have planned to complete my MBA by 28 years of age at the most.