The supplier end new products to that warehouse for inventory 9. Warehouse confirm the information from HQ after receiving products 10. Warehouse sends the good s to the store for placement on shelves for customers 11. Store sells products to customers 2. a) List the specific items of information that are usually gathered at the POS (Point of Sale terminal or cash register) and recorded when a customer checks out (excluding obtaining the identity of the customer which is covered in Q3)? b) What are three important uses of this information at the store by the store manager and three important uses of this information by management at the headquarters– a total of six uses?
Week 5 Learning Team Assignment Shelly Evans, ACC 400 Resources: Financial Accounting: Tools for Business Decision Making and Managerial Accounting: The Basis for Business Decisions Prepare responses to the following assignment from the e-texts: • Ch. 13: Communication Activity: BYP 13-7 of Financial Accounting: Tools for Business Decision Making o Note: Include a 350- to 700-word memo addressing the problem in BYP 13-7. BYP 13-7: “COMMUNICATION ACTIVITY BYP13-7 R.J. Falk is the chief executive officer of Ventura Electronics. Falk is an expert engineer but a novice in accounting. Falk asks you, as an accounting major, to explain (a) the bases for comparison in analyzing Ventura financial statements and (b) the limitations, if any, in financial statement analysis.
Forecast Of Availabilities | | Next Year (Projected) | | Current | (1) | (2) | (3) | (4) | (5) | Exit | (1) Store associate | 8500 | 510 | 0 | 0 | 0 | 0 | 3485 | (2) Shift Leader | 1200 | 0 | 600 | 192 | 0 | 0 | 408 | (3) Department Manager | 850 | 0 | 0 | 493 | 102 | 0 | 255 | (4) Asst Store Manager | 150 | 0 | 0 | 9 | 69 | 12 | 60 | (5) Store Manager | 50 | 0 | 0 | 0 | 0 | 33 | 17 | Here is my gap analysis of where the company will be next year. By taking into account all of the previous information I have been able to determine what the overall staffing needs will be next year and where the company will need to focus its hiring efforts. Gap Analysis | Next Year (Projected) | | (1) | (2) | (3) | (4) | (5) | Year End Total | 4505 | 1110 | 493 | 171 | 45 | External Hires Needed | 3995 | 90 | 156 | 21 | 5 | As you can see, there will be serious attention required to
(TCO 7) Which would be the most appropriate base for allocating the costs of the maintenance department? (Points : 5) Question 9.9. (TCO 7) Yo Department Store incurred $8,000 of indirect advertising costs for its operations. The following data have been collected for 2013 for its three departments……….How much of the indirect advertising costs will be allocated to the Cosmetics Department if newspaper ad space is the activity driver? (Points : 5) Question 10.10.
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.
Complete the table below with a description of the products and services for at least two commercial organisations, public organisations and third sector organisations. Please ensure you provide a description for each organisation, rather than a list. Organisation type Name of organisation Description of products and services Commercial organisation The Coca Cola Company Provider of 3500 products (drinks) sold in over 200 countries worldwide. The Coca-Cola Company is the world's largest beverage company. They have the world's largest beverage distribution system with consumers in more than 200 countries ranking among the world’s top 10 private employers with more than 700,000 employees.
It has since grown into a Fortune 500 company with more than 1,000 stores. Publix is headquartered at 3300 Publix Corporate Pkwy in Lakeland, FL. The current CEO is Ed Crenshaw. Publix employs over 140,000 people at its 1,086 retail locations, cooking schools, corporate offices, distribution centers and brand manufacturing facilities. The manufacturing facilities produce its dairy, deli, bakery, and other food products.
MRB 2012 FINANCIAL MANAGEMENT MASTERS OF BUSINESS ADMINISTRATION CASE STUDY ON COMMUNITY GENERAL HOSPITAL TABLE OF CONTENTS 1.0 BACKGROUND 3 2.0 FINANCIAL STATEMENT ANALYSIS 4 2.1 Balance Sheet 4 2.1.1 Assets 4 2.1.2 Liabilities 4 2.2 Income Statement 4 2.3 Cash Flow 5 2.4 Liquidity Measurement Ratios 5 2.4.1 Net Working Capital 5 2.4.2 Current Ratio 6 2.4.3 Quick (acid-test) Ratio 6 2.5 Activity Ratios 6 2.5.1 Average Collection Period 7 2.5.2 Average Payment Period 7 2.6 Debt Ratios 7 2.6.1 Debt to Equity Ratio 7 2.6.2 Debt to Asset Ratio 8 2.7 Profitability Ratios 8 2.7.1 Return on Sales (ROS) 8 2.7.2 Return on Asset (ROA) 9 2.7.3 Return
CASE STUDY 3—Cash Budget Template Pape Ndiaye SCHEDULE OF EXPECTED CASH COLLECTIONS FROM CUSTOMERS Credit Sales May June April 65,800 May 26,850 62,650 June 22,500 Total Cash Collections 92,650 85,150 SCHEDULE FOR EXPECTED PAYMENTS FOR PURCHASE OF INVENTORY Inventory purchases May June April 117,000 May 54,000 81,000 June 25,200 Total Payments for Inventory Purchases 171,000 106,200 LBJ Company Cash Budget For the Two Months of May and June May June Cash balance $20,000 $20,000 Add: Receipts Collections from customers 92,650 85,150 Sale of plant assets 33,000 Sale of new common stock 50,000 Cash sales 75,000 57,000 Total receipts 200,650 192,150 Total Available Cash 220,650 212,150 Less: Disbursements 220,650 212,150 Purchases of inventory 171,000 106,200 Operating expenses 15,000 15,000 Selling and administrative expenses 10,150 10,150 Equipment purchase 35,000 Dividends 20,000 Total disbursements 231,150 151,350 Excess (deficiency of available cash over disbursements) (10,500) 60,800 Financing Borrowings 30,500 Repayments (31,008.33) Ending cash balance $20,000 29, Please answer the three qualitative questions on the next tab called Qualitative Questions. 1) What are the three sections of a cash budget, and what is included in each section? Cash budget is the budget for expected cash inflows and outflows during the specific period of time. Cash budget consists of four sections: receipts, disbursements, cash surplus or deficit, and financing section. The receipts section lists the beginning cash balance, cash collections from customers, and other receipts.
Eric Allen 6/16/2015 FIN 3400 Professor Rusell MACY’s, Inc. vs Express, Inc. The two stores I decided to compare for my financial ratio analysis was Macys, Inc. and Express, Inc. These are both indeed clothing stores however they entail very different aspects about one another. Express consists of over 600 stores in the United States and renders around $1.8 billion in sales on an annual basis. Macys on the other hand is known on a more international level with 789 department stores and also named the 16th largest retail store in 2012.