Retrieved from http://www.cwa-union.org/news/entry/att_mobility_bargaining_kick-off_cwa_opening_statement Best Practices for Contract Administration. (1994). Retrieved from http://www.gsa.gov/graphics/fas/BestPracticesContractAdministration.pdf Cheeseman, H.R. (2010). Business law: Legal environment, online commerce, business ethics, and international issues (7th ed.).
A contract involves two parties and they make an agreement that is enforceable. Reference: Cheeseman, H.R. (2013). Business law: Legal environment, online commerce, business ethics, and international issues (8th ed.). Upper Saddle River, NJ: Prentice Hall.
1. 1. Calculate the annual break-even point in dollar sales and in unit sales for Shop 48. Unit CM= Selling price per unit –Variable expenses per unit = $30 - $18= $12 CM ratio= unit contribution margin/selling price = $12/$30 = 0.4 Unit sales to break even= Fixed Expenses/Unit CM = $150000/$12 = 12,500 pairs of shoes Dollar sales to break even= Fixed expenses/ CM ratio = $150000/0.4 = $375,000 in sales 3. If 12,000 pairs of shoes are sold in a year, what would be Shop 48's net operating income or loss?
Calculate the PAYG instalment income and the instalment due to the ATO. Complete the BAS Summary boxes below. Using a general journal format, explain how the payment transaction would be recorded in the accounting system. Supplies you have made Total sales & income & other supplies including capital (GST inclusive) G1 Exports Other GST-free supplies Input taxed sales & income & other supplies ADD G2 + G3 + G4 G1 minus G5 G6 Adjustments (must be total transaction value, i.e. GST inclusive) ADD G6 + G7 Divide G8 by eleven G9 66 191 728 100 G2 G3 Acquisitions you have made Capital acquisitions (GST inclusive) All other acquisitions (GST inclusive) ADD G10 + G11 Acquisitions for making input taxed sales & income & other supplies Acquisitions with no GST in the price Total estimated private use of acquisitions + non-income tax deductible acquisitions ADD G13 + G14 + G15 G7 G8 0 728 100 G12 minus G16 Adjustments (must be total transaction value, i.e.
Original AACSB: Analytic AICPA BB: Legal AICPA FN: Research Bloom's: Knowledge Difficulty: Hard 4. Custody of inventory is transferred to the shipping area upon authorization of: A. The customer order. B. The shipping order.
| Lessee Inc. | Memo Date: | March 28, 2015 | To: | CFO of Lessee Inc. (“Lessee”) | From: | Sergei Chunkovsky | cc: | Dr. Walters | Re: | Recommendations for Lessee’s lease agreement with Lessor Inc. | | | Per your request, CS consulting reviewed your lease agreement with Lessor Inc. (“Lessor”). We determined the lease as a capital lease. In forming our opinion, we relied on the following guidance: I. Financial Accounting Standard Board (FASB) Accounting Standards Codification (ASC) Topic 840, Leases, II. Research Report of Federal Accounting Standards Advisory Board, October 2003.
Liquidity Ratio Calculations: Current Ratio = Current Assets / Current Liabilities $147,800 / $90,283 = $1.637:1 Acid-Test Ratio = (Cash + Short-Term Investments + Net Receivables) / Current Liabilities $89,664 + $0 + $51,869 / $90,283 = $1.567:1 Receivables Turnover = Net Credit Sales / Average Receivables ($1,109,295 - $89,664) / [($51,869 + $81,557) / 2] = 15.283 *Average Collection Period = 365 / 15.283 = 23.883 Days When evaluating Huffman Trucking’s ability to pay off short-term debt and maturing obligations, it’s imperative to analyze the company’s liquidity. Utilizing the current ratio to analyze liquidity, which compares all current assets to current liabilities,
| Scope | The scope of this policy covers the purchasing and acquisition of resources by employees and contractors of Max Lionel Realty (MLR). | Resources | Specific procedures for the implementation of this policy are available below and on the company intranet. | Responsibility | Responsibility for the implementation of this policy rests with employees and management of Max Lionel Realty with responsibility for purchasing resources. | Relevant legislation etc. | * Privacy Act 1998 (Cwlth) * Estate Agents Act 1980 * Equal Opportunity Act 2010 (Vic) * Australian Securities and Investments Commission Act 2001 (Cwlth) * Corporations Act 2001 (Cwlth) * A New Tax System (Goods and Services Tax Administration) Act 1999 (Cwlth) * A New Tax System (Goods and Services Tax) Act 1999 (Cwlth) * Income Tax Assessment Act 1997 (Cwlth) * Fair Work Act 2009 (Cwlth) * Occupational Health and Safety Act 2004 (Vic) | Updated/ authorised | 10/2012 – Riz Mehra, CFO | 14 Principles governing the Max Lionel Realty procurement
The increase in advertising can be helping with increase in net sales which has also increased from 46,520,500 in year 12 to $6,858,600 in year 14. The interest income has decreased which may concern a banker looking to approve a loan. It would be good to invest the money in a more secure or profitable investments. Utilities and services have also increased from $238,000 to $260,000 in year 14. Contracts with utility companies can be re-negotiated.
Dick’s Sporting Goods is rapidly growing and achieving things that many people thought would be impossible. This year alone, Dick's Sporting Goods has exceeded expectations with its third-quarter results and they have also pleased their shareholders with its plans to start paying dividends. Dick’s Sporting Goods now operates more than 450 shops across 42 states, along with 81 Golf Galaxy stores in 30 states and they do not plan to stop here. Dick's third-quarter net sales rose by 9.3% from the year-earlier, to almost $1.2 billion, with the help of additional sales from 19 newly opened stores. The company's gross margins went up by 126 basis points, to 29.7%, mainly because of better inventory management and a change in the product mix and selling and administration expenses range in at $274.4 million.