This can be displayed on a time line: | | | | | $P | $400,000 | | | | | | 0 | 90 | 180 | 270 | | | | | | | | | P | = | price | = | unknown | | S | = | Maturity value | = | $400,000 | | r | = | Simple interest rate (decimal) | = | 9.16 | 100 | | = | 0.0916 | | t | = | Time period (years) | = | 90 | 365 | | = | 0.24657534... years. | | The step-by-step calculation is: P | = | S(1 + rt)-1 | | = | 400,000(1 + 0.0916 x 0.24657534...)-1 | | = | 400,000 x 0.97791257...
Accounting Assignment 2013 By : David Step One ….. all calculations are in $000’s $000’s | 2012 | 2011 | 2010 | 2009 | REVENUE | 419,812 | 413,131 | 373,144 | 344,150 | SALES | 418,981 | 411,652 | 372,120 | 343,078 | GROSS PROFIT | 418,981-175,843 = 243,138 | 411,652-171,256 = 240,396 | 372,120-164,789 = 207,331 | 343,078-145,275 = 197,803 | EBIT* | 19,491 | 21,532 | 16,667 | 21,164 | NET PROFIT | 16,103 | 18,218 | 12,331 | 15,649 | -TREND ANALYSIS- | | | | | SALES | 418,981/343,078 *100 = 122.1 | 413,131/343,078 *100 = 120.4 | 373,144/343,078 *100 = 108.8 | 100 | EBIT | 19,491/21,164 *100 = 92.1 | 21,532/21,164 *100 = 101.7 | 16,667/21,164 *100 = 78.8 | 100 | PROFIT | 16,103/15,649 *100 = 102.9 | 18,218/15,649
2010 Current Asset = 145,089 2010 Current Liabilities = 89,435 2011 Current Ratio = 147,800 / 90,283 = 1.637 = 1.64:1 2010 Current Ratio = 145,089 / 89,435 = 1.622 = 1.62:1 Acid-test or quick ratio (Deduct the Prepaid expense & supplies from current asset) 2011 Current Asset is 147,800 minus 2011 Prepaid Expenses & Supplies is 6,267 = 141,533 2011 Current Liabilities = 90,283 2010 Current Asset is 145,089 minus 2010 Prepaid Expenses & Supplies is 5,529 = 139,560 2010 Current Liabilities = 89,435 2011 Acid-test or quick ratio = 141,533 / 90,283 = 1.56 = 1.6 2010 Acid-test or quick ratio = 139,560 / 89,435 = 1.56 = 1.6 Inventory turnover 2011 Revenue = 1,109,295 2011 Operating Income from Continuing Operations = $94,520 2010 Revenue = 969,240 2010 Operating Income from Continuing Operations = $89,199 2011 Inventory turnover = 1,109,295/94,520 = 11.74 2010 Inventory turnover = 969,240/89,199 = 10.87 Profitability Ratios Profit Margin 2010 Net Income= $55,508 2010 Total Operating Expenses= $880,041 2011 Net Income= $59,167 2011 Total Operating Expenses= $1,014,775 2010 Profit Margin = $55,508/$880,041= 6.3% 2011 Profit Margin = $59,167/$1,014,775= 5.8% Return on Stockholders’
Analyzing Financial Statements HSM 260 6/9/2013 2002 | 2003 | 2004 Current Ratio: 104,296/139,017= .75 | 82,058/93,975= .87 | 302,902/337,033= .90 Long-Term Solvency Ratio 391,270/310,246= 1.26 | 359,863/259,979= 1.38 | 699,004/338,937= 2.06 Contribution Ratio: 617,169/1,165,065= .53 | 632,889/1,244,261= .51 | 1,078,837/2,191,243= .49 Programs and Expense Ratio: 834,008.20/1,185,008= .70 | 945,579.77/1,316,681= .72 | 1,526,311/1,972,131= .77 General and Management Expense Ratio: 351,000/1,185,008= .30 | 371,101/1,316,681= .28 | 445,819/1,972,131= .23 Revenue and Expenses Ratio: 1,165,065/1,185,008= .98 | 1,244,261/1,316,681= .94 | 2,191,243/1,972,131= 1.11 Importance of Ratios The current ratio is important to calculate
! ! ! O-H-O H2O MW: 18.01 g/mol BP: 99.98oC 2-methyl-2-propanol tert-butanol (unknown) C4H10O MW: 74.12 g/mol BP: 82.2oC Data: Simple Distillation of 95% EtOH (mL) (DM) First Drop 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Temperature (C) 77 79 80 81 81 81 81 81 81 82 82.5 83 85 87 90 92 95 96 98 100 100 100 Fractional Distillation of 95% EtOH (mL) (Partner) Temperature (C) First Drop 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 72 75 77 78 78 78 78.5 79 80 81 82 82 82 82 82 90 16 17 18 19 20 21 22 23 Fraction Distillation of Unknown A (mL) (DM) Temperature (C) First Drop 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 95 97 98 99 100 100 100 100 53 59 60 60 61 62 62 62 62 63 64 64 64 64 64 64 65 65 66 66 67 68 68 68 69 69 70 70 71 72 73 74 74 75 77 35 36 37 38 39 40 41 42 43 44 45 78 79 79 79 80 81 81 81 81 81 78 Unknown A with a Boiling Point of ~81 degrees Celsius is 2-methyl-2-propanol Percent Error of Unknown A = |Expected BP - Theoretical BP | / Theoretical BP x100 = |81-82|/82 x100 = 1.22% error Discussion, Questions and Conclusion: The distillation process is used to purify compounds, such as 95% Ethanol & 5% Water and tert-butanol. In this lab the purification of 95% Ethanol & 5% Water by the use of the simple distillation process while Edward used
Team 1A (Cohort 1) – Joshua Davis, Min Sohne, Scott Bernstein, Sriram Pooskoor, Swetha Siddavatam Exhibit 1 - Attribute Importance Attributes Levels Utility (U) 0.24383 0.03257 -0.2764 0.65646 0.22011 0.126 -1.00257 1.01148 0.15736 -0.43716 -0.73169 0.17428 0.12511 0.01689 0.00158 -0.31786 Decision Weight (%) UD=(UMax - UMin) I=(UDi/UDTotal) I * 100 Utility Difference Importance 0.52023 0.117843867 11.78 6-game No of games 3-game 10-game $15 $25 Ticket Price $35 $60 200- mid Ticket 300- mid Location 300- corner 300- behind Hotdog +Soda Priority tkts Promotion $20 Gift Card Apparel Collectibles 1.65903 0.375807836
Financial Statement Analysis University of Phoenix ACC/300 Kai D Hintze, Instructor August 10, 2009 Financial Statement Analysis: List of Ratios 2003 2002 Earnings per share: Diluted: $1.62 Basic: $1.66 Diluted: $1.19 Basic: $1.24 Return on assets: $45,909.74 $41,522.01 Current ratio: 76% 62% Times interest earned: 6.96 12.72 Asset turnover: 100% 96% Debt to total assets: 273.58 204.91 Current cash debt coverage: $1.78 $1.91 Cash debt coverage: 0.39 0.47 Free cash flow: ($320,855,172 ($432,200,679) Based on this analysis, Landry’s Restaurants Inc. finances are in good standings. For the year of 2003, Landry’s Restaurants Inc. cost of revenues was
| %Rec | Calories | 1761.87 | 2200 | 80.09% | Pro (g) | 77.57 | 48 | 161.60% | Fat (g) | 82.29 | 73.33 | 112.22% | Carb (g) | 186.98 | | -- | Na (mg) | 3529.7 | 2400 | 147.07% | vitA (IU) | 759.96 | 4000 | 19% | vitC (mg) | 9.55 | 75 | 12.73% | satF (g) | 22.91 | 24.44 | 93.74% | Chol (mg) | 518.56 | 300 | 172.85% | Analysis Results Nutrient | Total | Rec. | %Rec | Calories | 1761.87 | 2200 | 80.09% | Pro (g) | 77.57 | 48 | 161.60% | Fat (g) | 82.29 | 73.33 | 112.22% | Carb (g) | 186.98 | | -- | Fiber (g) | 8.17 | 30 | 27.23%
Polaris Industries, Inc. RATIOS Liquidity Polaris Current Ratios Current Ratio 2011: $878,676/$615,531 = 1.43 Current Ratio 2010: $808,145/$584,210 = 1.38 Current Ratio 2009: $491,500/$343,074 = 1.43 Debt to Assets Ratio 2011: $727,968/$1,228,024 = 0.59 2010: $690,656/$1,061,647 = 0.65 Profitability Return on Sales 2011: $227,575/$2,656,949 = $0.08 2010: $147,138/$1,991,139 = $0.07 2009: $101,017/$1,565,887 = $0.06 Growth 5 yr. annual growth – 13.35% 5 yr. revenue growth – 9.91% 5 yr. dividend growth – 7.74% 5 year EPS growth – 18.68% Investments Dividend Yield - $1.35/$79.90 = 1.6% (using 2011’s annual divided) Yamaha Current Ratios Current Ratio 2011: $561,205/$366,415 = 1.53 Current Ratio 2010: $639,028/$365,131 = 1.75 Current Ratio 2009: $620,800/$379,698 = 1.63 Polaris Industries Inc. OVERVIEW Polaris Industries Inc. is an international manufacturing company with a variety of product that falls under a general category of motorsports. They are based out of Medina, Minnesota and are one of the leading competitors in the industry. Their product line consists of snowmobiles, all-terrain vehicles (ATV’s), off road vehicles (ORV’s), and neighborhood electric vehicles (NEV’s), with a subsidiary company that produces motorcycles. The origin of what would become Polaris Industries started in the 1950’s.
Hypothesis Tests Case Problem 1: Quality Associates, Inc. 1. H0: µ = 12 H: µ ≠12 The hypothesis testing results are shown below: Sample 1 Sample 2 Sample 3 Sample 4 Sample Size 30 30 30 30 Mean 11.959 12.029 11.889 12.081 Standard Deviation 0.220 0.220 0.207 0.206 Level of Significance (alpha) 0.010 0.010 0.010 0.010 Critical Value (lower tail) -2.576 -2.576 -2.576 -2.576 Critical Value (upper tail) 2.576 2.576 2.576 2.576 Hypothesized value 12 12 12 12 Standard Error 0.040 0.040 0.038 0.038 Test Statistic -1.027 0.713 -2.935 2.161 p-value 0.2 -0.4 0.4-1 0-0.01 0.01-0.02 Sample 1 calculations (with same calculations for sample 2, 3, and 4): Mean: 368.76/30 = 11.959 Standard Deviation: (11.959 - 11.55)2 + (11.959 - 11.62)2 … (11.959 - 12.15)2 = 1.408 √(1.408/30 - 1) = 0,220 Critical Value: Because = 0.01, /2 = 0.005 = -2.576 (lower tail) and 2.576 (upper tail) Standard Error: 0.22/√30 = 0.04 Test Statistic: 11.959-12/(0.22/√30) = -1.027 p-value: DF:29 and 1.027 is between .2 and.1. These should be timed 2 because its two tailed. Therefore, P is between 0.2 and 0.4. We will reject only sample 3 of the hypothesis H0: µ = 12 because it is operating below the desired mean with a mean of 11.889 and the test statistic of sample 3 is -2.935, which is outside the critical value interval of -.2576 to 2.576.