Return on common stockholders’ equity $29,946,992 - (2430872-15801332) / 200,000 = 82.9% * Solvency ratios 9. Debt to total assets $7,628,563 / 34,825,498 = 22% 10. Times interest earned 3,272,314 / 121,533 = 26.9 Riordan Manufacturing, Inc. Horizontal Analysis for the Balance Sheet Increase or (Decrease) 2010($) 2009($) Amount % Assets Cash $2,807,029 $1,511,253 $1,295,776* 46.1%* Account Receivables $2,695,342 $2,644,307 $51,035 1.9% Current Portion of Note Receivable $102,976 $117,475 ($14,499) (14.1%) Inventory $8,517,203 $7,123,790 $1,393,413 16.4% Deferred Income Taxes – net $0 $0 $0 0% Pre-Paid Expenses and other Items $402,240 $458,875 ($56,635) (14.1%) Total Current Assets $14,524,790 $11,855,700 $2,669,090 18.4% Liabilities Current Liabilities Current Portion of Long-Term Debt $474,032 $484,894 ($10,862) (2.3%) Accounts Payable $1,391,385 $1,636,923 ($245,538) (17.6%) Accrued
2. What is the present value of the following future amounts: Future Value Discount rate Number of periods $15,000 6% 5 $37,000 9% 10 $596,000 11% 4 $1,178,000 9.5% 12 3. Calculate the present value of the following cash inflows assuming an 11% discount rate. Year Cash flow 1 17,000 2 17,000 3 17,000 4 17,000 5 17,000 6 100,000 4. Consider the following two mutually exclusive projects Year Cash Flow Project 1 Cash Flow Project 2 0 -150,000 -150,000 1 $40,000 $100,000 2 $90,000 $80,000 3 $120,000 $60,000 a) Calculate the net present value (NPV) of each project assuming an 8% discount rate.
Unit 8: Accounting Systems | Assignment 1 (P1) | 9/12/2013 | | Table of Contents 1. Pro forma Cash Receipt 1 2. Company’s Cheque to Supplier 3 3. Power Point Presentation 5 4. Purchase Order Form 8 5.
Target and JC Penny Corporations Columbia College Introduction The purpose of this overall project is to provide a financial analysis of the following ratios: Current Ratio, Acid Test Ratio, Deb Ratio, Debt/Equity Ratio, ROI, ROE, P/E Ratio, Dividend Yield, Dividend Payout Ratio, and Working Capital for Target Corporation and JC Penny. Analysis Current Ratio is defined as a liquidity ratio that measures a company’s ability to pay short-term obligations. Current Ratio is also known as liquidity ratio, cash asset ratio and cash ratio. The current ratio formula is: Current assets/current liabilities. |Target Corporation | |February 2013 |January 2012 |January 2011 |January 2010 |January 2009 | |16,388,000 |16,449,000 |17,213,000 |18,424,000 |17,488,000 | |14,031,000 |14,287,000 |10,070,000 |11,327,000 |10,512,000 | |= 1.16 |=1.15 |=1.70 |=1.62 |=1.66 | |JC Penny Corporation | |February 2013 |January 2012 |January 2011 |January 2010 |January 2009 | |4,833,000 |3,683,00 |5,081,000 |6,370,000 |6,652,000 | |2,846,000 |2,568,000 |2,756,000 |2,647,000 |3,249,000 | |=1.70 |=1.43 |=1.84 |=2.40 |=2.04 |
RETAIL INDUSTRY ACCT – 3444, S50 Charlee Hong #100070169 Dorina Cho #100218745 Brenda Adomi #100200523 Table of Contents INTRODUCTION 1 KNOWLEDGE OF THE BUSINESS 1 SWOT ANALYSIS: 2 BUSINESS RISKS AND STRATEGIES 3 CORPORATE GOVERNANCE 4 CORPORATE GOVERNANCE PRACTICES 5 FRAUD RISK ASSESSMENT 5 LAWSUITS /PROCEDURES FOR LITIGATION AND CLAIMS 6 TOP 3 LAWS AND REGULATION THAT MUST BE AHDERED TO 7 GOING CONCERN ASSESSMENT 8 AUDIT RISK LEVEL (LOW/MEDIUM/HIGH) 9 OVERALL AUDIT STRATEGY 10 PLANNING ANALYTICS 10 MATERIALITY 11 REVENUE CYCLE & TYPE OF AUDIT 11 KEY CONTROLS 11 REVEUNUE’S ASSERTIONS, AUDIT RISK, AUDIT PROCEDURES 12 ANALYTICAL PROCEDURES 13 INFORMATION SYSTEM & IMPACT ON AUDIT APPROACH 13 APPENDIX 15 REFERENCES 20 INTRODUCTION Dollarama is the largest dollar store in Canada and currently there are over 680 stores operating across the country. Dollarama offers broad range of everyday consumer products, general merchandise and seasonal items that are appealing to customers because of lower dollar values and one stop shopping convenience. Dollarama was founded by Lawrence Rossy in 1992, and went public in 2009. KNOWLEDGE OF THE BUSINESS CUSTOMERS: Targeted to all demographic consumers who seek value in a wide range of consumer product and one shopping convenience. COMPETITORS: Some of Dollarama’s direct competitors include “A buck or two”, “Dollar Giant”, “Dollar store with more” just to name a few.
Operational issues 6 4.1 Security of information 6 4.2 Backups 6 4.3 Health and safety 6 4.4 Organisational policies 6 4.5 Business continuation plans 6 4.6 Cost 6 4.7 Increasing sophistication 6 5. Ahold’s legal and ethical policies 8 6. Ahold’s operational policies 9 7. What is needed to use business information 9 Sources of information 10 Attachment 1 – Code of Conduct Ahold Attachment 2 – Ahold Annual report 2012 - Governance 1. Introduction This assignment is issued to explain the legal, ethical and operational issues relating to the use of business information.
This assessment brief has been internally verified for use. Internal Verifier Name Mrs. N D Samarakoon & Signature : Date Verified Lead Internal Verifier Name & Signature : Date Verified 10.03.2015 OB – Final Assignment | Page 1 of 9 Higher National Diploma in Business (Management & HRM) ILO Description Comment LO1.1 compare and contrast different organisational
Corporate Level Strategy 12 5. Business Level Strategy 15 6. Organizational Structure and Controls 18 7. Competition Comparison 22 8. Recommendations 25 9. References 26 AXA Analysis A group analysis of AXA for MQM 385 1.
Support your answer with appropriate statistics. Satcom Division Capital Budgeting Analysis | | | Install Cost | $750 | Work. Cap. | $75 | Initial Outlay | $825 | | WACC = | 14% | Tax Rate = | 35% | Sensitivity | 0.00% | | | | | | | | | | | Table 1 | | | | | DEPRECIATION SCHEDULE FOR NEW MACHINE | | | YEAR | MACRS | COST | ADC | ACDEP | BV | | | 1 | 0.2000 | 750 | 150.00 | 150.00 | 600.00 | | | 2 | 0.3200 | 750 | 240.00 | 390.00 | 360.00 | | | 3 | 0.1920 | 750 | 144.00 | 534.00 | 216.00 | | | 4 | 0.1152 | 750 | 86.40 | 620.40 | 129.60 | | | 5 | 0.1152 | 750 | 86.40 | 706.81 | 43.19 | | | 6 | 0.0576 | 750 | 43.20 | 750.00 | - | | | | | | | | | | | | | | | | | | | | | | | | | | | Table2 | AFTER-TAX CASH FLOW TABLE | YEAR | 1 | 2 | 3 | 4 | 5 | 6 | 7 | EBDT | 121.00 | 132.00 | 192.50 | 275.00 | 412.50 | 495.00 | 605.00 | DEPR | 150.00 | 240.00 | 144.00 | 86.40 | 86.40 | 43.20 | 0.00 | EBT | -29.00 | -108.00 | 48.50 | 188.60 | 326.10 | 451.80 | 605.00 | TAX | -10.15 | -37.80 | 16.98 | 66.01 | 114.14 | 158.13 | 211.75 | EAT | -18.85 | -70.20 | 31.53 | 122.59 | 211.97 | 293.67 | 393.25 | DEPR | 150.00 | 240.00 | 144.00 | 86.40 | 86.40 | 43.20 | - | ATCF | 131.15 | 169.80 | 175.53 | 208.99 | 298.37 | 336.87 | 393.25 | WC recoup | | | | | | | 25.0 | Sale | | | | | | |