Its average sales per day were $ 668.49 during 2008 and its average collection period was 99 days. This represented an improvement from the average collection period of 105 days in 2005. 3. SciTronics apparently needed $ 29,000 of inventory at year-end 2008 to support its operations during 2008. Its activity during 2008 as measured by the cost of goods sold was $ 74,000.
Here are the findings for question 2: 1. The CLM (Combined Leverage Multiplier) for Kroger that year was 3.720 (= 4.477 financial structure leverage X 0.831 common earnings leverage). In contrast to a CLM of 2.745 for Safeway. 2. Kroger has greater ROA performance at 6.4% in comparison to 6.0%.
Analyse the impact of budgeting changing… Impact of changing Ms.Wangs expenditure and income is that in Wang 1 she was earning less cash sales then in the revised. An example of this is in sales during the month of February the total was £2000, and then in the revised she sold £2051 so she gains an extra cash sales of £51. This is favourable for Ms.Wang as she has gained money. Budgeting has enabled Tidy Team to gain more sales, which means more of a cash flow forecast. Throughout the months January to December all of Tidy Team’s cash sales were favourable.
Due to the fact that Asian and other foreign textile manufacturers have been exported aggressively and consumer preferences are requiring higher-quality products with minimum defects, like other firms, Aurora tends to produce small amount of yarns produced with minimal period and provide to customized markets. Consequently, Aurora had decreased significantly its costs by reducing $3.9 million of SG&A expenses since 2000 and it was one reason of increasing operating profit and net earnings in 2002. Unfortunately, Aurora’s returned amount from retailers had been increased and the proportion of sales return of Aurora’s one plant named the Hunter reached 1.5% in 2002; thus, the firm’s income has not risen well. Figure 1 illustrates Aurora’s financial ratios by calculating given financial information through Exhibits 1, 2, and 6. The first, the company’s liquidity ratios-current ratio and quick ratio-had been increased smoothly for these four years.
This is evident through their ingenuity of floating gardens, knowledge of plants' uses such as the Maguey plant, the sowing of corn, and written records of agricultural products. The Aztecs demonstrated great resourcefulness and intelligence when looking at how they utilized their natural assets. Exemplifying this was the native Maguey plant. It is recorded that it contained innumerable uses as the plant served as firewood, fencing, paper, roofing, plates, and cloth. (Document 2) The cultivation of plants also showed the ingenuity of the Aztecs.
It also supplies a range of products for professional horticulture. Scotts owns the leading brands in every major category in virtually all of the countries where it has a significant presence. Product development program The buildup in the direct selling force gave the company an increase in sales and profit. Financial stability Diversified Product Line O.M. Scott has full range of lawn and garden consumer products such as; seed, fertilizer, weed controls,
The company’s net cash from operations also decreased from 262.69 million to 233.58 million in 2005, a difference of 29.1 million. This decrease in operational cash flow was largely attributed to a significant increase in inventories to 164.41 million from 43.63 million. In addition, Tiffany posted operational losses of 12.03 million and increased prepaid expenses of 16.34 million in 2006. However, the company effectively managed its accounts payables for the year at 17.79 million, a significant change from the prior year. In addition, Tiffany increased ‘other non-cash’ items within its operations to 67.01 million.
Jared says, "People around the world who had access to the most productive crops becomes the most productive farmers". As the fertile crescent brought many great crops and animals that spread and Europeans people were able to gain access much earlier then other civilizations. In the first video Jared states
Financial ratios, especially when listed for multiple years in a row, can really expand what you are seeing on the financial statements with just a glance. The asset turnover ratio was decreasing towards 1 from 2000-04. As Krispy Kreme expanded assets were likely increasing. The fact that the ratio pushed from 2.1 to 1.01 in just four years shows those sales were not increasing proportionately with all the growth the company was experiencing. Exhibit 7: By a raising current ratio, we can see that Krispy Kreme is much more able to pay debt within the next year.
-Because of pesticides scares in the 70s and 80s there is a boom in the growth of organic and local Farming and food consumption. It has been growing exponentially, And even lower's income shoppers are becoming educated on the importance of organic foods. Chapter 8 Community supported agriculture -Community supported agriculture or CSA's are a marketing system that sells each member a subscription or share, of the seasons projected harvests usually well in advance of the first harvest. CSA's tend to be certified organic and are sustainable agriculture developed. -CSA's were sensually an extension of farmers markets – in which you knew who was growing your food and where it was coming from in the care that went into it.