SciTronics’ profit as a percentage of sales in 2008 was 5.7 %. 2. This represented an increase from 3.4 % in 2005. 3. SciTronics had a total of $ 102,000 (75,000 + 27,000) of capital at year-end 2008 and earned before interest but after taxes (EBIAT) $ 16,120 (avg.
Retained earnings increase by $597.00 they raised from $11,767.00 to $12,364.00, an increase approximately of 5.07% And what was the Net Income for the year 2011? The Net income for
Jon Porter once said, “It is imperative that when thousands of selfless volunteers respond to those who have incurred the wrath of a natural disaster that legal liability need not be hanging over their heads”. In our society today, we are very busy living our lives and finding or continuing a career. In all our busy lives we often forget to the help the ones in need but some people do remember to be helpful and creates NGOs to help and The Canadian Red Cross is just one of them. Their mission is to improve the lives of people in need by multiplying the power of humanity in Canada and around the world. The Canadian red cross is a very successful NGO and helped millions of people throughout the years, including the Pakistani refugees in India, victims of the Guatemala earthquake that killed 22,000, the Southeast Asia refugees and victims of war in 1970.
Types of Hospice Profiles 1. Not-for-profit (charitable organization subject to 501(c)3 tax provisions) 2. For-profit (privately owned or publicly held entities) 3. Government (owned and operated by federal. state, or local municipality F. The Affordable Care Act (ACA) further altered the Medicare hospice rate formula through the introduction of a “productivity adjustment factor,” that will reduce annual hospice payments by an additional 11.8 percent over the next ten years.
In 1994 Canada setup a training camp in Nova Scotia for peacekeeping for Canadians as well as international peacekeepers. Over the years Canadians have either been recognized for there contributions to the UN for peacekeeping or holding important leadership positions on missions (UN Post 1956 1, 4). In 1957 Lester B Pearson won a Nobel Peace Prize for his solution to the Suez crisis. Canadian Lt. Gen. Romeo Dallaire led the UN peacekeeping forces into Rwanda. The reason was to find peace between the two warring sides, the Tootsies and Hutus.
The net cash inflow and cash outflow are calculated using sales and production figures for the next 8 years. The unit cost from the first year is £0.89 which is the cost per mashing without depreciation and divided by 13,000 bottles. From this information provided, the cost will increase by 3.5% and also the selling price will increase by 4% every year (reference 4). These figures are based on the current rate inflation of 4% which is shown in appendix 9 The capital allowances are worked out on cased of 20% (Reference 5) and the annual investment allowance is £100,000 is available (Reference 6) in the first year which is restricted to £87,359. This figure is substrated from the acquisition giving a result of £332,641 which is the written down value.
depreciation over 3 years Depreciation costs per year: 24/3= 8 mln per year. Q3. Tax rate in 2012 = Income Tax Expense / Income Before Tax = 1127mln/4914 mln = 22,93% Q4. | Year 0 | Year 1 | Year 2 | Year 3 | | | | | | | | R&D expenses | -77 | | | | | | | | | | | Total Revenues | | 110 | 83 | 55 | All in millions | Cost of Goods Sold | | -8 | -8 | -5 | | Gross Profit | | 102 | 75 | 50 | | depreciation | | -8 | -8 | -8 | | Adm/sales/etc | | -3 | -3 | -2 | | EBIT | -77 | 91 | 64 | 40 | | Unl Net income | -59,34 | 70,13 | 49,32 | 30,83 | | Q5.
15. Question: : (TCO D) On January 1, Martinez Inc. issued $3,000,000, 11% bonds for $3,195,000. The market rate of interest for these bonds is 10%. Interest is payable annually on December 31. Martinez uses the effective-interest method of amortizing bond premium.
[39] On a practical level, a result of the multiculturalism Act was federal funds began to be distributed to ethnic groups to help them preserve their cultures, leading to such projects as the construction of community centres. [40] On November 13, 2002, the government of Liberal Prime Minister Jean Chrétien designated, by Royal Proclamation, June 27 of each year Canadian Multiculturalism
* $18 M purchase price * $1.8 M selling price * Investment in PPE (2007) was $16 M * Investment in PPE (2008) was $2 M * $4 M in Sales (2008) * $10 M in Sales (2009-2013) * COGS: 75% of Sales * SG&A: 5% of Sales * $2 M Operating Savings (2008) * $3.5 M Operating Savings (2009-2013) * Depreciation was on a straight-line basis for 6 years beginning in 2008 * $18 M / 6 years = $3 M * 40% tax rate * NWC: 10% of Sales * Salvage value was zero * The FCF per year was determined using the following: * Net Income + Depreciation Expense - ∆ Net Working Capital + Investment in PPE After generating the FCF for each year, I had to solve for NPV and IRR to value the investment. I calculated 2 NPVs—one using Excel’s NPV equation and the other by discounting each year’s FCF using the WACC I calculated earlier. Both methods gave me negative NPVs. * Excel NPV: ($489,344.33) * Discounted FCF NPV: ($538,153.89) Lastly, I used Excel to