Lemonade Stand Season One and Two Financial Report BUS599: Introduction to Quantitative Principles Instructor: David Gualco April 8, 2013 Lemonade Stand Season One and Two Financial Report Summery report demonstrates findings on Lemonade stand operation on Season one and two. The sales data has been collected and charted in journals for both seasons and compared in income statement and balance sheet. Comparing financial statements helps analysis to determine if business is a good investment, or whether you have been performing according to plan. Every company should have considerable business planning before it started business operations. So, after business is operating, you will need to compare your actual performance (from your current financial statements) against your planned performance (from your pro forma financial statements).
3.1.10 Cash Budget The cash budget is “an estimation of the cash inflows and outflows for a business for a specific period of time. Cash budget are used to assess whether the entity has sufficient cash to fulfil regular operations and whether too much cash is being left in unproductive capacities”. (Reference 2) The cash budget is prepared in advance for the first 6 months, and a cash deficit of £20,364 and £2,228 were incurred in January and February. A second-hand bottling plant was purchased in January which cost £420,000. The business required £30,000 cash for working capital.
Manufacturing a buggy takes 20 units of wood and 1 unit of steel. Scheduled production of buggies for the next 2 months is 500 and 600 units, respectively. Beginning inventory is 4,000 units of wood and 30 units of steel. The ending inventory of wood is planned to decrease 500 units in each of the next 2 months, and the steel inventory is expected to increase 5 units in each of the next 2 months. How many units of wood are expected to be used in production during the second month?
Beginning inventory is 4,000 units of wood and 30 units of steel. The ending inventory of wood is planned to decrease 500 units in each of the next 2 months, and the steel inventory is expected to increase 5 units in each of the next 2 months. How many units of wood are expected to be used in production during the second month? (Points : 5) 12,500 units 10,000 units 15,000 units 12,000 units Question 12.12. (TCO 4) Which statement is true?
Question: (TCO 3) The appropriate cost accounting system to use when inventory items are produced on an assembly line is 2. Question: (TCO 3) As production occurs, materials, direct labor, and applied manufacturing overhead are recorded in 3. Question: (TCO 3) “Equivalent units” expresses all activity of the period in terms of 4. Question: (TCO 3) Holly Inc. manufactures dolls. The following data were provided for production results for the current month.
Table of Contents Executive Summary 3 Introduction 4 Analysis of Alternatives 5 Alternative 1: Introduce a new product 5 Alternative 2: Increase promotion 6 Alternative 3: Raise prices and cut costs 7 Recommendations 7 Appendix: Budgeted Income Statements & the Rate of Growth in Profits 9 Executive Summary Shepard Poles is a manufacturing company that has been providing specialized poles in the market for over ten years. Shepard Poles has about three different product lines: hiking poles, downhill ski poles, and cross-country ski poles. According to the calculation on current operating data, the company has incurred a operating loss of $ 165,000 this year. If any new strategic initiatives are not implemented next year, the unit sales and all costs are expected to rise about 7 percent and 2 percent respectively. However, this situation would make the company incur more loss next year, which is about negative $ 293,586.
b. Rentals take less than a minute to rent. c. Returns take less than 20 seconds. d. Many available 24 hours a day. e. “Every week 150 million people walk within 10 feet of one of Redbox’s 20,000 locations.
• begins when the firm uses its cash to purchase raw materials and ends when the firm collects cash payments on its credit sales. • shows how long the firm keeps its inventory before selling it. Click here to download STR 581 Week 4 Capstone 2 19. Ajax Corp. is expecting the following cash flows - $79,000, $112,000, $164,000, $84,000, and $242,000 – over the next five years. If the company’s opportunity cost is 15 percent, what is the present value of these cash flows?
My only loss was in ice. On day two, the weather forecast was overcast, with a temperature of 93 degrees, so I raised the price of the lemonade to $0.20 per cup. I bought 20 cups of sugar and 250 ice cubes. I sold 48 cups of lemonade to 50 potential customers. My customer satisfaction rate was at 100% and my popularity grew from 4% to 8%.
$24,000 increase D. $11,000 decrease 45. Hylow Corporation sells its product for $12 per unit. Next year, fixed expenses are expected to be $400,000 and variable expenses are expected to be $8 per unit. How many units must the company sell to generate net operating income of $80,000? A.