Acct Unit 1 Homework Assignment 06/12/15 Question 1: Brady Brothers, a partnership, has total assets of $350,000 and $100,000 of owners’ equity. What are the partnership’s total liabilities? $350,000 – Liabilities = $100,000 $350,000 - $100,000 = $100,000 - $100,000 Answer: $250,000 = Liabilities Question 2: During the first month of operation, Brady Brothers made sales to customers totaling $12,000 but received only $6,000 from customers in cash. Brady Brothers incurred $8,000 for operating expense but only paid $5,000 in cash for those expenses. What was Brady Brothers cash basis income?
The world’s fortune 500 companies controlled an astounding 70% of the trade market, and 80% of foreign investment, and 30% of the (GDP), gross domestic product. 3,400 billion of the world assets controlled by the largest 100 companies with 40% owned in other major countries. In the past it was statistically known that 70% of the trade market with 80% investments, and 40% in off shore accounts was controlled by these multinational corporations, drawing an excessive rates from the U.S. and the majority of wealth in other non U.S. regions. Local cultures of third world countries are stratified into various areas. These countries are open to new ways of proficiencies (e.g.)
SciTronics had $ 75,000 of owners’ equity and earned $ 14,000 after taxes in 2008. Its return on equity was 18.67% an improvement from the 8.2% earned in 2005. Activity Ratios: How well does the company employ its assets? 1. Total asset turnover for SciTronics in 2008 can be calculated by dividing $ 244,000 into $ 159,000.
Lowe’s Market Segment Mary K. Moore-Hudson MBA 6012 Intergrated Global Marketing Abstract The objective of the report is to segment the market for Lowe’s consumers. A market segments is an particular group of individuals, families, businesses, or organizations, with one or more characteristics or needs in common, in an otherwise homogeneous market (businessdictionary.com). Market segments usually respond in a conventional manner to a marketing or promotion offer. The market for the Lowe’s retail stores will be segmented in the business-to-customer market environment. Lowe’s Companies, Inc. is a FORTUNE® 50 company that serves approximately 15 million customers a week at more than 1,750 home improvement stores in the United States, Canada and Mexico (Lowe's Companies, Inc, 2011).
As of 2010, with the total population of the United States at 310.2 million individuals, White Non-Hispanic Americans are 64.7 percent of the United States population. While the second largest racial group in America is Hispanics with 16 percent of the population. According to the trends, the population is estimated to be at about 439 million in the year 2050. That's quite a rise in the population in the next 40 years (129 million) and who knows the impact it will have on our economy and job availability. It is also estimated that White Non-Hispanic Americans will be less than half the population at this point with 46.3 percent of the population being that race.
For the year 2008, revenues coming from North America accounted for eight billion and ninety million US dollars, which represent 55.2% of the total revenues of the company. Sales in Europe accounted for five billion four hundred and forty three million US dollars, which represent 37.2% of total global sales. Cumulative sales coming from other regions are totaling one billion one hundred and thirteen million US dollars, or 7.6 % of total sales. Carnival carries around eight million passengers annually, which makes it the biggest cruise company in the world. Each year approximately 10 million people in North America make cruise vacations (around 9.5 million in the U.S. and 700,000 in Canada).
The group consists of 550 men and 450 women ranging in the age group 26 through 42. More than half of the group is within a marriage. Thirty-eight percent of the group’s members are relatively healthy. Eighteen percent of the group is smokers and 39 percent are obese. The allotted annual payout that Constructlt will pay out for their members is $4,000 per person.
The most noticeable change has been a steady removal from the US. Benetton as now has only around 150 outlets in the country, compared to 600 outlets they had in the U.S. in the mid 1980s (WARC, 2008). After hitting 2.1bn in 2001, Benetton groups revenues decreased, in 2004 they reach 1.7bn. Since this time there has been a slow and steady growth. In 2007, combined sales rose 9 percent to just under 2.1bn.
According to the Center on Budget and Policy Priorities (2015:1), more than 27 million working families and individuals were benefited by the EITC in the 2013 tax year. For the 2014 tax year, the credit provides up to $6,143 for families with three children, $5,460 for families with two children and $3,305 for families with one child three or more children; the lowest credit benefit up to $496 goes to childless families (IRS,
The industry is worth $150 million. There were a total of 16 companies competing in the market, 4 Canadian and 12 U.S. firms. The major players in this market are AHV lifts and Berne manufacturing which hold approx 60% of the sales. The distribution system in the industry mainly consisted of 1. Direct sales force and 2.A combination of wholesale dealers and company sales force.