“When I was 5 and playing against 11-year-olds, who were bigger, stronger, faster, I just had to figure out a way to play with them.” Gretzky’s mind set of hockey quickly had him playing with boys much older than him. In 1978, at age 17, he was signed a contract to the WHA Indianapolis Racers. In 1979 when the WHA join up with the NHL the NHL team associated was allowed to keep 2 players from their WHA team. Gretzky was obviously a choice for the Edmonton Oilers and was in the NHL by the age of 20. Wayne Gretzky is important to Canada in many different ways.
Accounting Assignment 2013 By : David Step One ….. all calculations are in $000’s $000’s | 2012 | 2011 | 2010 | 2009 | REVENUE | 419,812 | 413,131 | 373,144 | 344,150 | SALES | 418,981 | 411,652 | 372,120 | 343,078 | GROSS PROFIT | 418,981-175,843 = 243,138 | 411,652-171,256 = 240,396 | 372,120-164,789 = 207,331 | 343,078-145,275 = 197,803 | EBIT* | 19,491 | 21,532 | 16,667 | 21,164 | NET PROFIT | 16,103 | 18,218 | 12,331 | 15,649 | -TREND ANALYSIS- | | | | | SALES | 418,981/343,078 *100 = 122.1 | 413,131/343,078 *100 = 120.4 | 373,144/343,078 *100 = 108.8 | 100 | EBIT | 19,491/21,164 *100 = 92.1 | 21,532/21,164 *100 = 101.7 | 16,667/21,164 *100 = 78.8 | 100 | PROFIT | 16,103/15,649 *100 = 102.9 | 18,218/15,649
years. | | The step-by-step calculation is: P | = | S(1 + rt)-1 | | | = | 400,000(1 + 0.0892 x 0.24657534...)-1 | | | = | 400,000 x 0.97847883... | | | = | $391,391.53 | Rounded as last step | b)You are correct. When the first bill matures at time 90 days, the investor purchases a second bill. We must find the purchase price of the second bill. This can be displayed on a time line: | | | | | $P | $400,000 | | | | | | 0 | 90 | 180 | 270 | | | | | | | | | P | = | price | = | unknown | | S | = | Maturity value | = | $400,000 | | r | = | Simple interest rate (decimal) | = | 9.16 | 100 | | = | 0.0916 | | t | = | Time period (years) | = | 90 | 365 | | = | 0.24657534... years.
He was well known and involved with his community. Moving to Canada meant starting over and learning new things. Balbir along with the rest of his family did not understand English so well or spoke it so well. From a system prospective Balbir has his siblings and his son's school social worker. Balbir and his brother are very close and Balbir's family lived with his brother for two months when first coming to Canada.
Which of the following statements is CORRECT? Answer: e. If the interest rate the companies pay on their debt is less than their earning power. (BEP), then Company HD will have the higher ROE. 4. Muscarella Inc. has the following balance sheet and income statement data: Cash $ 14,000 Accounts payable $ 42,000 Receivables 70,000 Other current liabilities 28,000 Inventories 210,000 Total CL $ 70,000 Total CA $294,000 Long-term debt 70,000 Net fixed assets 126,000 Common equity $280,000 Total Assets $420,000 Total liab.
Explain the advantages and disadvantages of using Equation 4 to forecast sales. [pic] .:. (CMA adapted) SOLUTION: 1. Equation 2: St = $1,000,000 + $0.00001Gt Equation 4: St = $600,000 + $10Nt–1 + $0.000002Gt + $0.000003Gt–1 2. To forecast 2010 sales based on 2009 sales, Equation 1 must be used: St = $500,000 + $1.10St–1 S2010 = $500,000 + $1.10($1,500,000) = $2,150,000 3.
Formula: 2009 figures – 2008 figures = cash difference (cash diff) Cash diff / 2008 figures = % difference (%diff) net patient 2008 - 418509 2009- 459900 diff cash- 41391 %diff: (41391 /418509) * 100%= 0.098 9.9% (.098901....) other revenue 2008 - 2805 2009- 3082 diff cash- 277 %diff (277/2805) * 100 = 9.9% (0.987522...) total revenues 2008- 421,314 2009 - 462,982 diff cash-41668 % diff 41688/421314 * 100% 9.9%
Huffman TruckingBalance Sheet | (Unaudited) | | | December 31st | | 2011 | 2010 | | (In Thousands) | | Assets | Current Assets | | Cash & Cash Equivalents | $89,664 | $58,003 | Accounts Receivable | 51,869 | 81,557 | Prepaid Expenses & Supplies | 6,267 | 5,529 | Total Current Assets | $147,800 | $145,089 | | Carrier Operating Property (at cost) | $85,306 | $81,461 | Less: Allowance for Depreciation | (69,536) | (67,119) | Net Carrier Operating Property | $15,770 | $14,342 | | Assets of Discontinued Operations | 7,516 | 8,739 | Goodwill (net) | 49,852 | 49,852 | Other Assets | 46,327 | 37,306 | Total Assets | $267,265 | $255,328 | | | Liabilities and Shareholders' Equity |
Dividends and dividend equivalent rights declared | | | 0 | | | | 0 | | | | (10,676 | ) | | | 0 | | | | (10,676 | ) | Repurchase of common stock | | | (46,976 | ) | | | 0 | | | | (22,950 | ) | | | 0 | | | | (22,950 | ) | Share-based compensation | | | 0 | | | | 2,253 | | | | 0 | | | | 0 | | | | 2,253 | | Common stock issued under stock plans, net of shares withheld for employee taxes | | | 6,981 | | | | (143 | ) | | | (444 | ) | | | 0 | | | | (587 | ) | Tax benefit from equity awards, including transfer pricing adjustments | | | 0 | | | | 1,232 | | | | 0 | | | | 0 | | | | 1,232 | | | | | | | | | | | | | | | | | | | | | | | Balances as of September 28, 2013 | | | 899,213 | | | $ | 19,764 | | | $ | 104,256 | | | $ | (471 | ) | | $ | 123,549 | | | | | | | | | | | | | | | | | | | | | |
Appendix Financial ratios of HP (A) Profitability Ratios 1) Gross Profit Margin: We know, Gross Profit Margin = Gross profit / sales *100 Putting the value in the formula we get, Year 2010 2009 2008 $ In million $ In million $ In million 30,246 /126,033*100 27,354/114,552 *100 28,994/118,364*100 = 24.00% = 23.88% = 24.50% 2) Net Profit Margin: We know, Net Profit Margin = Net profit / revenue * 100 Year 2010 2009 2008 $ In million $ In million $ In million 10,974 / 126,033 * 100 9,415 / 114,552 *100 10,473 / 118,364 *100 = 8.71 % = 8.22% = 8.85% ROCE = net profit before interest and tax/ share capital + reserve + long term loan *100 Year 2010 2009 2008 $ In million $ In million $ In million 11,479/75,100 *100 10,136 /71,796*100 10,473/60,392*100 = 15.28%