| Huffman Trucking | Memo To: Graham Grove, Vice President of Industrial Relations From: Paul Johnson Director of Accounting CC: Simone Ojeda Accounting Specialist Date: [ 4/9/2012 ] Re: Results from ratio calculations and horizontal and vertical analysis What do the liquidity, profitability, and solvency ratios reveal about the company’s financial position? Liquidity ratios are the ratios that measure the ability of Huffman Trucking to meet its short term debt obligations. These ratios measure the ability of this company to pay off its short-term liabilities when they fall due. Profitability ratios measures Huffman Trucking’s ability to generate earnings relative to sales, assets and equity. These ratios assess the ability of the company to generate earnings, profits and cash flows relative to some metric, often the amount of money invested.
Authors Pearce and Robinson (2009) suggest, a balanced scorecard “Is a set of measures that are directly linked to the company’s strategy,” “Directs a company to link its own long-term strategy with tangible goals and actions,” and “Provides a framework to translate a strategy into operational terms” (p. 202). A balanced scorecard is comprised of four perceptions: financial, customer, internal business process, and learning and growth (Pearce & Robinson, 2009). Utilizing Kaplan and Norton’s development of the balance scorecard AB Cleaners (ABC) evaluated its strategies relative to their mission and vision. The preceding matrix echoes ABC’s measurements, its targets, and supporting initiatives for each of the four perspectives associated with the
BYP 1-6 (a) Who are the stakeholders in this situation? The stakeholders in this situation would be the vice-president of finance, the president of Robbin Industries, Wayne Terrago, and the users of Robbin Industries’ financial statements. Each of these stakeholders will be affected by any choices Robbin Industries make that affect the company’s financial statements. These individuals each have something to lose by the company providing falsified or inaccurate financial statements (Weygandt, Kieso, & Kimmel, 2010). (b) What are the ethical issues involved in this situation?
the company need to evaluate the cost of : * Ship: they need to know how much is the cost of fuel, officials, and the cost of operating in each country or city. Analyze the distance to one port from other, the route top know how many is for variable cost ,know the days it will take, with the idea of calculate the salaries of the officials and the food, know the duty price, taxes, price of nationalitation the containers, that means, investigate about the political lows of transportate merchandise by ship. finally they need to know which paper have to legalize for each port and what is the cost of each one . * Truck: the company need to know about the cost of fuel, tolls, evalute the number of truck they needed to transportate the requires containers.
SGA 1387 Assessment Task 1 Ryan Ellison Contents 1.0 Introduction 2.0 Financial information 3.0 Problems and possible solutions 4.0 Reports 4.1 Performance Report 4.2 Activity Statement 4.3 Variance Analysis 4.4 Profit and Loss 4.5 Units used to monitor café sales 5.0 Conclusion 6.0 References 1.0 Introduction: This report will identify the types of financial information a business manager is responsible for on a day-to-day basis, identify possible problems and solutions a business may experience and the types of reports that would be used to review and why they would be used. 2.0 Financial information: As a business manager you are required on a day-to-day basis to handle financial information
Verizon Is Creating a Culture That Focuses on Shareholder Value Business Management Ivy Tech Nicholle Kvocka 1. Using the competing values framework as a point of reference, how would you describe Verizon's current organizational culture? Provide examples to support your conclusions. I feel that Verizon offers all four organizational cultures. They offer flexibility and freedom to act as a representative of the company.
Running Head: FINANCIAL 1 Financial Analysis Mariah Gray ACC205 Keith Graham 05/05/2014 FINANCIAL 2 When operating a business there are many things that you have to take into consideration. Sales and profit is a major factor in decision making. Another thing to consider is product or services. When you are selling these things, you have to decide what kind of customer you want in your business. Whether it can be something you pay up front, or something customers can pay monthly as they go.
Industry structure is categorized on market structure variables, which are believed to determine the extent and characteristics of competition. Those variables, which have received the most attention, are number of buyers and sellers, extent of product substitutability, costs, ease of entry and exit, and the extent of mutual interdependence [Baumol, 1982; Colton, 1993]. In the traditional framework, these structural variables are distilled into the following taxonomy of market structures: These four market structures each represent an
Explain the rationale for using the IRR to evaluate capital investment projects. Could the IRR for this project differ for GP Manufacturing versus for another customer? IRR= 14.1% (cell B70) IRR is used to decide whether investors should make long term investments. IRR depends on how much a company actually makes so it will be different for everyone 4. Suppose one of GP Manufacturing’s executives typically uses the payback as a primary capital budgeting decision tool and wants some payback information.
For production, there were various personnel in-charge of both order and volume related work, these include stock persons, production planners, foremen, operators and people responsible over products ready for transportation. Old cost system There were two pools of indirect costs which were manufacturing costs allocated on a basis of direct labor, and selling/admin costs that were treated as period costs. Production overhead, selling and admin costs were all fixed. Most of the company’s sales, marketing and admin. costs were recognised as a percentage of sales revenue.