Significant influence over Lennon was achieved by this acquisition. Lennon distributed a dividend of $2.50 per share during 2008 and reported net income of $670,000. What was the balance in the Investment in Lennon Co. account found in the financial records of Pacer as of December 31, 2008? A. $2,040,500 B.
As a startup business without the marketing and resources that a chain offers I aimed lower initially but looked to build to this range. * I arrived at 875,000 for the initial year by taking into consideration sales from dining and entertainment. The Business profile mentioned that the average family size was 4 people and that the average family spends on average $4 on tokens. So as an average, for every 1 buffet purchased $1 was spent on tokens, which lead me to calculate the average customer spending $8 a visit. I took the 925,000 (the low end) of the CiCi’s pizza average and divided it by the price of their buffett, $5, and
In the case of the Fusion Restaurant LLC Isabel, Koshi, and Winchester each contributed $50,000 as capital to form the LLC partnership. This was an upscale restaurant that served fusion cuisine under the name of fusion Restaurant LLC it borrowed 1 million dollars from the melon bank for operating capital. The business would later go on to default on the loan borrowed by the business for $1 million from Melon bank. Melon bank sued Fusion restaurant for the debt. As for who are liable members of an LLC all are liable for a LLCs debt, responsibilities, and liabilities only to the amount of their money contributions to the LLC.
This was the initial amount invested by two of Neverfail founding employees. 4,796,000 shares of common stock were issued at $0.01 par value. After Angel Investment: According to the case, George Lawrence and another Seattle Angel acquired 800,000 shares of convertible preferred stock at $1 per share. This gives a total of $800,000. With this new development, if we assume that the previous 4,796,000 shares of common stock that were originally issued in March of 1993 are now also worth $1 per share, this gives a total of $4,796,000.
In total, Overstock.com earned $1.05 billion in revenue for FY 2010 which was an increase of 23.4% from the previous year. In terms of liquidity, the company has $12.66 million in operating cash flow. The composition of net sales is approximately 18.4% for the Direct Segment and 80.8% of net sales for Fulfillment Partner Business. The direct segment refers to sales directly to individual consumers from certain offline channels and Overstock.com’s leased warehouses, where purchased surplus inventory is stored and re-sold at a premium on the website. The Fulfillment Partner Business segment refers a 3rd party liaison between customers in search of low prices and retailers & manufacturers that are looking to liquidate.
What was PacifiCorp Worth before its acquisition by Berkshire? Are we overpaying? We are not overpaying for PacifiCorp. We purchased PacifiCorp, from Scottish Power plc, for $5.1 billion in cash and $4.3 billion in liabilities and preferred stock, for a total of $9.4 billion. Since PacifiCorp is not a publicly traded company, we must use valuation multiples from comparable firms to determine the value of the firm.
Ozyegin could buy back the international subsidiaries for $580 million and agree to a non-compete clause for three years. Based on my analysis of the information given I recommend that Ozyegin accept NBG’s offer. Summary of Facts Finansbank began as a small Turkish bank in 1987; the bank was able to capitalize on the lack of sufficient financial institutions in a growing economy through innovation and rapid expansion. Finansbank faced some problems in the Turkish banking crisis of 2001 like all other Turkish banks, but it rallied on and by 2006 had 208 branches from the original 4 in 1987. Finansbank expanded internationally as well with profitable subsidiaries in the Netherlands, Switzerland, Russia, Romania and Ukraine.
Cover Page Largest IPO in the U.S- Alibaba Hou Wang EDUTL 5902 November 8, 2014 Executive Summary Another history is about to be changed in Corporate America. Alibaba claims to raise $25 billion from its Initial Public Offering, which exceeds the $22 billion by ICBC in 2006, and $22.1 billion by Agricultural Bank of China in 2010. This Chinese e-commerce company, which has only fifteen years’ history, makes the headline every day and creates a lot of discussions. The major business of Alibaba is to provide consumers, suppliers, and manufacturers with a network to conduct trading between each other. Alibaba holds no inventory, but controls 80% share of Chinese e-commerce market.
Such as a suit store will have ties selling at ten dollars per unit, shirts at thirty per unit, paints and so on, this is an example of sales mix. The formula illustrated in chapter 6-12, as I show above, which uses unit selling price minus unit variable costs equals contribution margin per unit. if you use this formula and if you increase the unit selling price you will have a higher contribution margin per unit. An example of this is; if my company DL inc. sells dishwashers at eight hundred dollars per unit and its variable cost per unit is three hundred dollars , how much it cost to make, my contribution margin is five hundred dollars. So if I raise my dishwashers sales from eight hundred dollars to nine hundred I will increase my contribution margin by a hundred dollars.
Wal-Mart - Strategic Audit I. Current Situation A. Current Performance In the past year Wal-Mart’s performances in market share, profitability, and return on investment have had significant changes compared to past years performance. * Return on investment now compared to previous years: they are paying out $63.079 billion to their shareholders compared to last years $58.763 billion and an average of $3.09 earnings per share of the 4.068 billion shares out. * Market share today: Out of 2,000 big companies Wal-Mart is at 17 with 201.36 billion in market value and in its industry of retail, Wal-Mart is ranked #1 with Home Depot and Target behind.