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.
Impala Athletics – Business Simulation Game JHT2 Strategic Management, Task 1 January 27, 2015 Introduction 3 A. Artifacts 3 B. Company Strategy 7 B1. Effectiveness 10 C. Competitor 13 C1. Next Moves 16 D. Sustainability 16 E. Strategies 17 F. Value Chain Analysis 21 G. Important Issues 23 References 27 Introduction: Impala Athletics is an athletic footwear company was founded 10 years ago. The company sells over 5 million pairs of athletic shoes annually in several geographic markets that include North America, Europe-Africa, Asia-Pacific, and Latin America.
Eric Allen 6/16/2015 FIN 3400 Professor Rusell MACY’s, Inc. vs Express, Inc. The two stores I decided to compare for my financial ratio analysis was Macys, Inc. and Express, Inc. These are both indeed clothing stores however they entail very different aspects about one another. Express consists of over 600 stores in the United States and renders around $1.8 billion in sales on an annual basis. Macys on the other hand is known on a more international level with 789 department stores and also named the 16th largest retail store in 2012.
1. What is the firm average collection period? Average collection formula: (Gapenski, 2008 pg.536) 30% pay on the 10 and take discount 40% pay on the 30 30% pay average 40 ACP = (0.3 x 10 days) + (0.4 x 30 days) + (0.3 x 40 days) 3 + 12 + 12 = 27 days 2. Calculate the firm’s current receivables balance Receivables balance = ADB x ACP, where ADB = Average Daily Billing. I got the ADB dividing the Gross sales by the 360 days: $1,200.000 / 360 = $3,333.33 Receivables balance = $3,333.33 x 27 = $89,999.91 3.
Nike, Adidas, and Columbia Sportswear are all frontrunners against Under Armour in the industry. The first section of this report will cover an overview of the trends in, economics, political/legal, social/cultural-global, technology, and demographics. Economics Under Armour Company has been growing substantially. In 2008 its gross profit was $353,041, in 2009 it was $410,125, and in 2010 it only rose higher to $530,507. Its new income from operating expenses went up as well.
CVS Caremark Global Expansion to United Kingdom Global Business Management Abstract CVS Corporations was founded by Sid Goldstein, Stanley Goldstein and Ralph Hoagland, May 8, 1963 in Lowell, Massachusetts. In 2007 CVS pharmacy merged with Caremark Rx which created CVS Caremark. CVS Caremark is currently the number two pharmacy store in the United States with revenues exceeded $100 billion dollars and has over 7,400 hundred stores in 42 states. The corporation has been successful for over 40 years in the United States. CVS Caremark is designing a global expansion strategy to target areas that are profitable and promising demographically.
Week Two - Company Research Home Depot is the world's largest home improvement store, and only trails Wal-Mart as the U.S’s second largest retailer. In 2011, The Home Depot had sales of $70.4 billion with earnings of $3.9 billion, of which, 89% was from inside the United States, according to the 2011 Annual Report (2011). Home Depot’s international presence is made up of more than 2,255 locations worldwide including some in the United States, Canada, Mexico and China. According to the 2011 Annual report, Home Depot’s sales outside of the U.S. showed positive growth where for FY 2011, 2010 and 2009 sales were respectively $8.0 billion, $7.5 billion and $7.0 billion. The ease of which I was able to find this type of information was one of the reasons I
It had accounts payables of $9,558, notes payables of $2,756, common stock of $22,000, and retained earnings of $14,008. How much long-term debt does the firm have? $76,342 $18,334 $54,342 $12,314 Multiple Choice Question 59 Tre-Bien Bakeries generated net income of $233,412 this year. At year end, the company had accounts receivables of $47,199, inventory of $63,781, and cash of $21,461. It also had accounts payables of $51,369, short-term notes payables of $11,417, and accrued taxes of $6,145.
Rite Aid Accounting Scandal Introduction and History of the company: Rite Aid is a drugstore chain in the United States and a Fortune 500 company headquartered in East Pennsboro Township, Pennsylvania, near Camp Hill. Rite Aid is the largest drugstore chain on the East Coast and the third largest drugstore chain in the U.S. Rite Aid began in 1962 as a single store opened in Scranton, Pennsylvania called Thrif D Discount Center. After several years of growth, Rite Aid adopted its current name and debuted as a public company in 1968. Today, Rite Aid is publicly traded on the New York Stock Exchange under the ticker RAD. Rite Aid reported total sales of USD $24.3 billion in fiscal year 2008.
Nike vs. Adidas Nike vs. Adidas Nike, Inc. and Adidas GA are the world’s top two largest sports apparel and footwear providers respectively. The 2008 financial statements indicate $3.4 billion dollars in revenue separates the two companies. Adidas started in the 1920’s and Nike began in the 1960’s. Both companies offer similar lines of products and have similar marketing strategies. This paper will compare and contrast the financial reports for both companies.