GM 591: Leadership and Organizational Behavior Project Proposal The organization that will be the topic of discussion in my final project paper is Jackson Hewitt Tax Service. Jackson Hewitt Tax Service is an industry leader providing full-service individual federal and state income tax return preparation through approximately six thousand- six hounded franchised and company-owned offices throughout the United States. At Jackson Hewitt Tax Service, preparing tax returns is what we do. We’ll take the time to ask the right questions and find all the deductions and credits you deserve, no matter what your occupation. Which leads to more money in our clients pockets.
I will be using their annual report from 2011, and explain the main sections of the report, discuss key factors that helped influence the company’s financial performance for the year stated above, the company’s assets, and we will also explain how management characterizes the internal control environment. Annual reports for a company are usually divided into sections to separate different topics or ideas. In the annual report for eBay, the main sections that are spoken about are the business section, legal proceedings, selected financial data, market for related stockholder matters and issuer purchaser equity. The business section of the annual report basically tells exactly what the business is. It informs the reader on when the business was founded, who founded it, what products and services the business offers, and how many customers have used their business.
Each department head has to prepare a statement of the budget, sign it, commit to it, and send it to the general manager. “The purchase order in the CP3 system is the source document for all of the company’s expenses recorded in its accounting system, in other words it is the document that the hotel controller uses to charge expenses on the hotel’s books” (DeFranco and Lattin 2007). In other words as long as it falls within the monthly budget it can be approved right away without waiting for an invoice. The payroll part of the system is set up to help see not only who shows up for work and who does not but also if any overtime has to be paid out which might put the monthly budget over what it is set at. That of course would not be good for the hotel because they would be losing money instead of making it.
Fit Food, Inc. Problems For Cookie& Crackers Division First, the actual sales revenues were “managed” by managers in both 2008 and 2009. To meet the assigned sales target, different methods were employed by manager of marketing and sales department. Such as gave discount and extended payment terms, technically “shipped” products and shipped unordered to customer to increase sales. Second, the production manager used operating method, namely transfer expenses to capitalize costs, to significantly decrease the current cost of goods in 2009, which lead to the planned and actual gross margins are close.
Week 9 Final Project – Financial Analysis Beverly Moorer XACC/280 Financial Accounting Concepts and Principles January 22, 2012 Lisa Pendleton, MAcc, MTax, CFE In determining whether or not company is financially healthy and whether or not they would be a good investment it is of the utmost importance several analyses should be performed on their financial reports. Every company should present accurate analysis, of their companies’ annual financial reports. These revenue analyses of the annual reports will reveal insights and knowledge regarding the revenue performances of the companies. I am hoping that I will be able to reveal a financial evaluation and a comparison involving The Coca-Coca Company and PepsiCo. The information provided in this paper was taken from both Coco-Cola and PepsiCo Consolidated Financial Statements to present the analyses performed by utilizing three revenue statement analyses tools: The Vertical Analyses, Horizontal Analysis, and Ratios Analyses.
Nine Step Accounting Cycle XACC 280 June 21, 2013 Mary Currie Nine Step Accounting Cycle The logical sequence of procedures used to prepare financial statements and record transactions are known as the accounting cycle; used by businesses. The accounting cycle is repeated each reporting period, beginning with the transactions and ending with the closing of books. There are nine steps in the accounting cycle they are as follows: * Analyze Transactions – This is completed on a daily basis. In order to complete this step you must identify the account by classifying the transactions by Credit or Debit. * Journalize Transactions – Part of the transaction process, transaction data is entered on the J1 page of the General Journal.
The case “Hill Country Snack Foods Co.” outlines the current operating and financial strategy and the Chief Executive Officer’s concerns: whether the company needs debt and what is the optimal capital structure to the company? As a snack foods company, Hill Country Snack Foods Co. did very well based on the data outlines from Exhibit 1 – Financial Information for Hill Country Snack Foods Co. (2006-2011). All of the figures of sales revenue, net income, liquidity holdings, growth rate of sales and EPS, return on assets and return on equity have stably incremental trends from 2006 to 2011. The company’s growth and success is mainly driven by its operating strategy. Current Operating Strategy and its impact There are a few of components of Hill Country’s operating strategy.
Question 1: Marks and Spencer is a leading retailer in UK. It is famous for its quality product and food. As a new finance director I have been asked by the executive board of the company to analyse the financial and non financial performance of the company of last two years and comment on them. So I will analyse and comment on the financial and nonfinancial performance of Marks and Spencer for financial year 2006/7 and 2007/8. Financial performance: To analyse the company’s financial performance, first I have to look into the various financial ratios.
To provide the reader with an overview and analysis of the profitability and performance over a 10 year period (2001-2010) 2. To assess and draw conclusions upon the extent to which strategy decisions made by Caterpillar Inc. influenced the profitability and performance of the company over the same period. To fulfil these aims, this report will firstly provide some brief background information on the industry in which Caterpillar operates, Caterpillar as a corporation itself, and a key competitor, Komatsu. The following section will give an overview of the financials from 2000-2010, using key performance indicators to determine the overall profitability and performance of Caterpillar in the period. The third section will provide an in depth analysis of Caterpillars publicised strategies from 2001-2010.
[pic] London College Of Business Subject : Quantitative and Statistical Research Methods for Business Assignment : Individual Assignment Subimtted by : Muhammad Ahsan Riaz Submitted to : Dr.Hui Wang College ID: 130479MAR Class MBA (Finance) Group : A Module : CM 706 Session April 2011-April 2012 Submission Date : 08th NOv 2011 Word Count : 3026 Title An Evaluation of the Business and Financial Performance of TESCO PLC from 2005 to 2008 Background and research problem definition I have completed my ACCA in June 2011 attempt and have a keen interest in financial performance analysis of Business entities over a period of time and to compare them with the performance of other entities from the same Business sector. Mostly Ratio analysis is used for this kind of analysis, although we can also use Porters Five force, SWOT analysis, PESTEL etc. We need to apply consistent polices to make a meaningful comparison & with regard to other entity it’s a hard task to find the entity of same size in same sort of business, as large entities enjoy economies of scale and can even use their strong power to buy at cheaper rates etc. I have selected TESCO PLC as it belongs to U.K retail sector and a large amount of data is easily available online from their own individual website and from other resources like LSE, Bloomberg Etc. Also Other entities in the same business like SAINSBURYS, M & S Morrison Etc.