All sales are made on account at $20 per unit. Sixty percent of the sales are collected in the month of sale; the remaining 40% are collected in the following month. Forecasted sales for the first five months of 20X2 are: January, 1,500 units,- February, 1,600 units; March, 1,800 units; April, 2,000 units; May, 2,100 units. 2. Management wants to maintain the finished goods inventory at 30% of the following month's sales.
1. (TCO A) On July 1, 2010, an interest payment date, $60,000 of Parks Co. bonds were converted into 1,200 shares of Parks Co. common stock, each having a par value of $45 and a market value of $54. There is $2,400 unamortized discount on the bonds. Using the book value method, Parks would record (Points : 4) no change in paid-in capital in excess of par. a $3,600 increase in paid-in capital in excess of par.
According to NASDAQ: WEN they are the world’s third largest quick service hamburger company. To us this is known as a fast food restaurant. Wendy’s has more than 6,500 restaurants in the United States and 27 other United States territories in the world. When Dave Thomas opened the first Wendy’s restaurant in Ohio in 1969 he vowed to have quality food. That is why today, that they still serve the best quality foods around that is made to order.
| George Weston | | | | | | Weston products transcend Canadian culture, though many may not realize many of the products they consume fall under the Weston name. Some of the more popular brands include Wonder and D’Italiano, as well as President’s Choice and No Name, both of which can be found at the typical grocery store under the Loblaw Companies Limited umbrella – yet another Weston-owned company (Yusufali). The origins of this company can be found in George Weston as early as 1882 in Toronto, but why did his efforts reap greater rewards than those bakers around him who worked to simply get by day to day? George Weston’s success in business can be attributed primarily to his ability to see opportunities in the baking market, as well as his acceptance of and adaptation to changes in the industry. While there are many points in Weston’s career to examine, there are a few key points that highlight this entrepreneurial spirit that led him to success and allowed continued success through the several generations of Weston business.
The critical path is 6 months at a cost of $325,000, allowing your company to begin generating revenue in 6 months. However the ROI on this project is $250,000 over a 2- 3 year span. The company is looking at a revenue of about $100,000 for 2.5 years before
(4 points) Problem 4: We need 1,000 electric drills per year. The ordering cost for these is $100 per order and the carrying cost is assumed to be 40% of the per unit cost. In orders of less than 120, drills cost $78; for orders of 120 or more, the cost drops to $50 per unit. Should we take advantage of the quantity discount? (4 points) Problem 5: George Heinrich uses 1,500 per year of a certain subassembly that has an annual holding cost of $45 per unit.
Storage utilization in the SAN-based environment has increased from 50 to 85 percent, a key factor in supporting company growth. Storage allocation that used to take two to three days can now be done in a few minutes simply by making storage capacity available to an application. Backup windows also have been significantly reduced. For example, one 700 gigabyte database used to take 12 to14 hours to backup to tape libraries over a weekend, with the database down the entire time. Today, backing up that database to disk takes only 30 minutes, a 96% reduction in backup time.
SciTronics had $ 75,000 of owners’ equity and earned $ 14,000 after taxes in 2008. Its return on equity was 18.67% an improvement from the 8.2% earned in 2005. Activity Ratios: How well does the company employ its assets? 1. Total asset turnover for SciTronics in 2008 can be calculated by dividing $ 244,000 into $ 159,000.
On average, a burger at GBK costs nearly £8. In 2007, GBK had just 28 restaurants in the UK, most of which were located in the Greater London area. The company has already won several ‘Best Burger’ and ‘Best Eats’ awards in the capital. The management of GBK has set an objective of growth. In five years’ time they want to have 350 restaurants in the UK.
The Clean Clothes Laundry Corner Shawn Morris MG585 - Managerial Decisions September 20, 2013 Dr. John Theodore The Clean Clothes Laundry Corner (A) What is Molly’s current monthly volume? Molly’s fixed costs are $1,700 per month, and her variable costs are $0.25 per item, in which Molly is charging $1.10 per clothing item. Molly’s current monthly volume is 2,000 items. The answer was derived by using the following equation: $1,700 ÷ (1.1 – $0.25) = 2000 (B) If Molly purchases the new equipment, how many additional items will she have to dry-clean each month to break even? Using information given in question C, the $16,200 in new machinery will be divided up over 36 months.