It takes about 36 hours to make the switch. This down time for set up is costing them a lot of money. Their competitors, who may operate more efficiently, aren’t loosing this time and money. Albatross Anchors charges $8 per pound for the bell anchors and $11 per pound for the snag hook anchors so they are charging about the same price as their competitors and with their slower production time, it’s almost impossible for them to be
The Goals are to increase occupancy rates, focus on business travellers and provide at least a 15% after tax return on any proposed investment. Operating profit for the banks must be at least 11% of revenue per year. We need to improve occupancy rates and attract more business travelers to GR Hotels given the funding and profitability constraints. There are 3 alternatives for GR Hotels. First, we can convert GR Hotels to an upscale hotel.
The internal auditors questioned why the two shipments were done before December 31, since the requested dates were in the following year. The shipments had a total value of $150,000.00. Another concern for the internal auditors was that there was no written agreement with United Thermostatic Controls to accept the early shipments and pay for them before they actually needed the merchandise. The internal auditors also discovered that Frank Campbell put pressure on the accountants to record the shipments to show the sales. Their concerns were discussed with
(Blue Orb was known for free subscriptions but now it is paid). Analysis Blue Orb has been transitioning from research-orientated company to a retail software company. It is intending to do so by launching “SwitchBlade Pro” subscription base software. As of March 1, 2009, it has more than 1100 subscribers and 15,000 registered users from its previous freeware version of the program; which makes it insufficient customer base to generate enough revenue to break even under the status quo. (Exhibit).
1. As a result of the changes the new president has implemented, it appears as though net income is now positive rather than negative which looks good from an investors standpoint. However, what’s really important for us to look at is the arrival of this endpoint rather than the endpoint itself. His decision to increase production from 17,000,000 units to 30,000,000 was quite a bold one considering sales and production were exactly even at the time of hire. What would happen if B.E.
Investors find this information lucrative because the more expendable cash a company has the more likely they are to pay out in dividends for the stock holders.. Liquidity Ratios: Current assets are a business's total current assets divided by its total current liabilities. Total Current Asset / Total Current liabilities 1,971,000 / 116,290 16.949 = 16.9 Current Ratio- 16.9:1 or 17:1 (16.9 to 1 or 17 to
Unfortunately in this case the customer Data Equipment Systems is unable to receive shipment until January 11, 2011 due to a lack of available warehouse space (Mintz & Morris, 2011). Reed needs to have that revenue recorded on the 2010 end-of-year financial report. Potential legal and ethical issues Reed is considering booking the $1.2 million sale in the December 2010 books and on December 30 approaches controller Marty Fuller to discuss the dilemma. Fuller explains the accounting rules about sales held for future delivery, although Reed understands the rules he
The price for the barrels averaged at a high of $105 in the first week of May and the price of a gallon in Houston was at a decreasing $3.74 from $3.89 about three weeks ago. The test of economics relating to the cost of resources versus the product isn’t sufficient because even at the highest peak in a month for crude oil, prices were still falling per gallon which leads to the other factor, the number of sellers/ suppliers. Every under construction site lately has been the input of a new gas station. This supports the slow falling price as the market widens with new competition. In the Cypress/Katy area there have been over ten new stations
Unfortunately on top of that, ICD-11 doesn’t even include a procedure classification system, which means a procedure coding system for use in the US could need to be developed and it is estimated that this process of developing a US clinical modification would take close to a decade. Even if we could consider this, another problem we’d have is a lot of the ground work for ICD-11 is in ICD-10. ICD-10 is the serious foundation work for 11 and without it the industry would completely miss out on a lot of training and experience which is needed for a smooth
Reducing taxes is the best way to facilitate the creation of actual wealth and have the economy reach its growth potential. Wanna-be central planners and welfare-state bureaucrats cannot compete with the progress and material improvement that a rapidly growing free-market economy offers. Bush’s tax cut may have flaws, but being too big or too radical is not one of them. This economy needs a tax cut, the bigger and sooner the better. The president’s plan is both politically possible and a practical starting point and I believe Americans would be well served by its enactment.