...motivating 2. Budgets 3. Planning 4. Precision; Timeliness 5. Managerial accounting; Financial accounting 6. Managerial accounting 7 Financial accounting; Managerial accounting 8. Feedback 9. Controller 10. Performance report Exercise 2-4 CyberGames Income Statement | | | | Sales | | $1,450,000 | Cost of goods sold: | | | Beginning merchandise inventory | $ 240,000 | | Add: Purchases | 950,000 | | Goods available for sale | 1,190,000 | | Deduct: Ending merchandise inventory | 170,000 | 1,020,000 | Gross margin | | 430,000 | Selling and administrative expenses: | | | Selling expense | 210,000 | | Administrative expense | 180,000 | 390,000 | Net operating income | | $ 40,000 | Exercise 2-9 1. | Product cost; variable cost | 2. | Conversion cost | 3. | Opportunity cost | 4. | Prime cost | 5. | Sunk cost | 6. | Period cost; variable cost | 7. | Product cost; period cost; fixed cost | 8. | Product cost | 9. | Period cost | 10. | Fixed cost; product cost; conversion cost | Problem 2-16 1. Swift Company Schedule of Cost of Goods Manufactured For the Month Ended August 31 | Direct materials: | | | Raw materials inventory, August 1 | $ 8,000 | | Add: Purchases of raw materials | 165,000 | | Raw materials available for use | 173,000 | | Deduct: Raw materials inventory, August 31 | 13,000 | | Raw materials...
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...4011 APRIL 7, 2009 CRAIG CHAPMAN Biovail Corporation: Revenue Recognition and FOB Sales Accounting Background Late on October 9, 2003, David Maris, an analyst at Banc of America Securities (BAS), was trying to interpret the shocking events of the previous few days and finish the write-up of his first report on the Canadian pharmaceutical firm, Biovail Corporation. Maris didn’t like what he saw at the company, but he never liked writing “Sell” recommendations. In any event, he wanted to make sure he was giving the best advice to his investment clients. Biovail Corporation was one of Canada's largest publicly traded pharmaceutical companies.1 For many years, Biovail had applied advanced drug-delivery technologies to improve the clinical effectiveness of medicines. The company commercialized its products, both directly (in Canada) and through strategic partners (internationally). Historically, its main therapeutic areas of focus had been central nervous system disorders, pain management, and cardiovascular disease. Biovail's core competency was its expertise in the development and large-scale manufacturing of pharmaceutical products. It leveraged this expertise by focusing on (1) enhanced formulations of existing drugs, (2) combination products that incorporated two or more different therapeutic classes of drugs, and (3) difficult-to-manufacture generic pharmaceuticals. In the United States, Biovail distributed a number of pharmaceutical products. These included Zovirax®...
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...Abstract The future of software development is expected to be a near 50/50 split between the Java and .NET platforms. The astute student of software development must do their research and choose which platform they would like to be the most proficient in. There are different advantages to each platform which must be considered. One advantage to the .NET platform is that there are many languages, and by extension many class libraries, that are used in conjunction with each other. .NET also allows developers to produce usable results in a much shorter time frame. Advantages to becoming a Java developer include, generally, a much more intimate knowledge of the code produced and how it works. Another advantage is that with the use of the Java Virtual Machine, code can be written once and run on almost any system without having to recode it. Students must take these differences into account when deciding which platform to choose. Introduction Object-oriented programming helps to make computer programs much more manageable through the use of reusable objects, inheritance and polymorphism. It was first developed by Dr. Alan Kay and a group of programmers at Xerox in the 1970’s. They developed a language called Smalltalk which was the first to really flesh out object-oriented ideas.(Murphy, 2008) The first wide commercial use of object orientation began with the invention of the C++ language in the early 1980’s; when Bjarn Stroustrup integrated object oriented concepts...
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...File Services Role -File Server Resource Manager (FSRM)-enables management of storage such as disk quotas, types of files stored on a volume, and generate reports -Single Instance Store (SIS) –Conserves disk space by creating a single master copy of duplicate files. Terminal Service role When a client runs an app on the TS it is using the resources of the TS not the client. Terminal Server- supports installed apps TS licensing- Manages client Access Licensing. TS session Broker- Manages connections to multiple terminal servers by session. TS Gateway- Allows access to TS from the internet using Http TS Web Access- Allows access to TS using a web-based Client. Application Server Roles When the application services role is installed .NET Framework 3.0 feature is also installed. Windows process Activation Service support- Provides a method to automatically start and stop applications. Print Service Role The print Services role includes the following optional roles: -Print Server -LDP Service Enables UNIX client computers running the line printer remote (LPR) application to send jobs to windows server 2008 printers. -Internet Printing- Implements a Web-based printer management...
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...INTRODUCTION 1. INTRODUCTION Telecom Connections is a web based application through which user can effectively use the benefits of Telephone Provider. We have analyzed the needs of the users, and thus developed a web based application, for providing telephone connections and associated services online. Because now a days people became so busy with their work and they don’t want to waste their time by going and waiting for long time or waiting in a queue for applying for new connections or to get their bills or to give the complaints regarding the service. Also they are not sure whether waiting for that much time , they will get their turn or not. If so they will get out with frustration .By considering all this issues associated with the manual process we have developed a web application for the telecom users , where in the user can apply for new connections online , can view the bill status online , can send the feedback and do complaints regarding the service provided by the telecom company. 1. PURPOSE OF THE PROJECT: We are going to build an automated system where user can online apply for phone connections and they can view their telephone bills and they can also post the complaints details. EXISTING SYSTEM AND PROPOSED SYSTEM 2. EXISTING SYSTEM AND PROPOSED SYSTEM 2.1 PROBLEMS EXISTING IN SYSTEM: In existing system user has no option of online. He has to go to telecom office...
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...Case 08-5 Sell-I t Products I nc. Sell) business is the manufacturing, marketing, and distribution of consumer products. SPI sells all its products to grocery stores, drug stores, and mass merchandisers in the United States, Canada, Mexico, Asia, and Europe. SPI has a dedicated sales force with individuals assigned by geographic area. SPI is organized into three divisions that include the following products: 1. Beauty care cosmetics and shampoo. 2. Family care paper towels and diapers. 3. Drinks and snacks Blasto Energy Drink, Jazzy Juice, and Fruit & Granola Snacks each of these products contains no added sugar or preservatives in order to appeal to the diet- and health-conscious consumer. The production, distribution, are subject to the Federal Food, Drug, and Cosmetic Act (FD&C Act) in the United States and other federal, local, and state laws in the regions in which SPI conducts business. snack markets has remained fairly constant over the past few years and is expected to remain fairly constant in the foreseeable future, SPI expects to face increased competition in the energy drink marketplace because of the introduction of new energy drinks by two 2011. Managers responsible for each product line (product managers) report to the respective divisional executive vice presidents (EVPs), who are responsible for the day-to-day operations of the division. The EVPs report to the chief executive officer (CEO). The CEO makes decisions regarding the...
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...Case Study Week 6 FI590: Real Estate Finance Commercial Real Estate SWOT Analysis Location: Los Angeles, CA | 137 Virgil Ave, 90004 ($3.45M) | Strength: | * Very sophisticated, modern and upscale in appearance * Centrally located near shops, major streets and metro station * Gated, 30 space parking lot | | | Weakness: | * Glass façade will lead to higher costs in operation of AC due to poor heat preservation * Atriums provide undesirable heat gain, excessive contrast, and glare, and inconsistent light levels over the course of the day | | | Opportunity: | * Option to purchase a billboard leased until 2016 for an additional $12,000 * Ability to attract upscale clientele with building design * Can network and connect with local businesses | | | Threat: | * Other potential buyers * Poor economy | | | | 2501 S. Hill St, 90007 ($2.7M) | Strength: | * Located near the primary business corridor and the fashion district * Access to freeway | | | Weakness: | * Unattractive structure * Poorly manicured land * Blocked by palm trees * Built in 1955 (older buildings require more maintenance) * Poor location * Small 14 space parking lot | | | Opportunity: | * Potential to influence a lifestyle change in the area | | | Threat: | * Renovations may cost more than building purchase * Economic downturn * Competition | | | | 1646 S. Spring St. 90012 ($2.5M) | Strength:...
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...الشروط الإضافية لترخيص برنامج MICROSOFT MICROSOFT .NET FRAMEWORK 4 لنظام التشغيل WINDOWS من MICROSOFT MICROSOFT .NET FRAMEWORK 4 CLIENT PROFILE لنظام التشغيل WINDOWS من MICROSOFT وحزم اللغات المقترنة ترخص لك شركة Microsoft Corporation (أو إحدى الشركات التابعة لها حسب محل إقامتك) هذا البرنامج الملحق. إذا حصلت على ترخيص لاستخدام برنامج نظام التشغيل Microsoft Windows (والذي ينطبق عليه هذا البرنامج الملحق) (والمشار إليه باسم "البرنامج")، فإنه يجوز لك استخدام هذا البرنامج الملحق. ولا يجوز لك استخدامه إذا لم يكن لديك ترخيص باستخدام البرنامج. يجوز لك استخدام نسخة من هذا البرنامج الملحق مع كل نسخة مرخصة بشكل صالح من البرنامج. تصف بنود الترخيص التالية شروط الاستخدام الإضافية لهذا البرنامج الملحق. وتسري هذه الشروط وشروط الترخيص الخاصة بالبرنامج على استخدامك للبرنامج الملحق. وفي حالة وجود تعارض، تسري شروط الترخيص الإضافية هذه. يُعد استخدامك لهذا البرنامج الملحق موافقة منك على هذه الشروط. وفي حالة عدم موافقتك على الشروط، يجب عدم استخدام هذا البرنامج الملحق. في حالة الالتزام بشروط الترخيص هذه، ستحصل على الحقوق أدناه. 1. خدمات دعم البرنامج الملحق. توفر شركة Microsoft خدمات الدعم لهذا البرنامج كما هو موضح في الموقع التالي www.support.microsoft.com/common/international.aspx. 2. اختبار قياس أداء MICROSOFT .NET FRAMEWORK. يتضمن البرنامج واحدًا أو أكثر من مكونات .NET Framework (المشار إليها باسم "مكونات NET."). يجوز لك القيام باختبار قياس أداء داخلي لتلك المكونات. ويجوز لك الإفصاح بشكل عام عن نتائج اختبار الأداء لتلك المكونات، بشرط الالتزام بالشروط المنصوص عليها في go.microsoft.com/fwlink/...
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...Sales AED 500,000 Cost of Sales 345,000 Gross Profit 155,000 Selling Expenses 55,000 General & Admin Expenses 20,000 Total Operating Expenses 75,000 Net Income AED 80,000 Additional Information: 1. Sales and Cost of Sales are expected to increase by 10 percent in each of the next two quarters 2. 80% of the sales are collected in the quarter of sales and the balance in the quarter following sales 3. The balance in Accounts Receivable at the end of fourth quarter of 2011 relates to the sales in the fourth quarter of 2011 4. Purchases in the fourth quarter of 2011 was AED 346,976 5. The balance in accounts payable at the end of 2011 refers to the purchases made during that quarter 6. Inventory at the end of 2011 was AED 17,000. The company plans to hold ending inventory equal to 5% of the subsequent quarters cost of sales 7. Selling expense is expected to increase by AED 18,000 due to salaries and advertising 8. Admin Expenses are expected to increase by AED 7,500 due to increase in rent 9. 75% of inventory purchases are paid in the quarter of purchase and the balance in the following quarter 10. Selling expense include AED 3,000 as depreciation of Store furniture and equipment with a book value (net of accumulated depreciation) of AED 60,000. 11. The company expects to purchase additional furniture for AED 20,000 during the end of March 2012 12. The cash balance at the end of 2011 was...
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...banking, securities brokerage, transaction services, and wealth management. Profitability Ratios | 2008 | 2009 | 2010 | 2010 Q1 | 2011 Q1 | Net Interest Revenue/Asset | 2.52% | 2.68% | 2.80% | 2.96% | 2.58% | Net Income/Asset | -1.28% | -0.08% | 0.53% | 0.88% | 0.62% | Net Operating Income/Asset | -1.49% | -0.06% | 0.53% | 0.84% | 0.61% | Management Efficiency | | | | | | Yearly Provisions Expense/Avg Assets | 1.56% | 2.03% | 1.26% | 1.66% | 0.60% | Yearly Provisions Expense/Avg Ins&Is | 4.12% | 5.72% | 3.44% | 4.39% | 1.74% | Cost Ratio | | | | | | Efficiency Ratio | 67.05% | 46.23% | 44.12% | 37.31% | 47.42% | Equity Coverage Ratio | | | | | | Equity Capital/Total Asset | 7.31% | 8.20% | 8.54% | 7.56% | 8.78% | Growth | | | | | | Asset Growth Rate | -11.39% | -3.92% | 2.77% | 9.86% | -2.72% | Profitability: CITIGROUP's profitability is considerably average when compared to other local players. In 2011 Q1, CITIGROUP's Net Operating Income to Assets ratio amounted to 0.61% (leading local rivals managed to achieve 0.76%). When examining Net Income to Total Assets ratio, it is evident that Net Income is insignificant when measured to CITIGROUP's Assets, in 2011 Q1, CITIGROUP managed to achieve .62% which is considered average (compared to leading rival that achieved 0.76%). As for Net Interest Revenue to Total Assets, CITIGROUP's interest revenue is also considered above the average scale by achieving 2.58% in 2011 (compared to...
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...Real Estate Modeling Quick Reference – Real Estate Development Key Terms http://breakingintowallstreet.com Real Estate Development Key Terms If you want to understand real estate development, you need to know the key terms used to describe properties – whether you’re developing the properties from the ground up or acquiring and renovating them. Even if you work at a bank and only work with real estate investment trusts (REITs), you still must understand real estate at the property-level because REITs are collections of individual properties. Measuring Real Estate Before you develop or acquire a property, you must know how big it is – size is the key metric for real estate. Lot Size Square Feet or Square Meters; Sometimes also Acres (1 Acre = 43,560 ft2) or Hectares (1 Hectare = 10,000 m2). Determining gross area inside building, floor size, and number of floors; also used to calculate land acquisition costs. Building Gross Area Square Feet or Square Meters. Building Rentable Area Square Feet or Square Meters. Measured In: Used For: Determining rentable area; also used to calculate certain construction costs. Rent, parking spots, and some expenses are calculated based on rentable area. 1 Square Foot is equal to 0.0929 Square Meters, so you can think of it as 10 Square Feet ~= 1 Square Meter when you see those units in models. Remember that an entire building will never be rentable – you need room for walls, staircases, elevators, lobbies, and so on, so you...
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...Running Head: COMPANY VALUATION Company Valuation [Name of writer] [Name of institute] Company Valuation Introduction This is the case of a partnership business, Midwest Lightning Inc. (MLI) partnered between two entrepreneurs Jack Peterson and David Scott. Over the years these two partners have developed differences, which have escalated to the point of separation. Hence, in this assignment we are going to provide solution that would be required as the partnership culminates. Overview of the case The partners of the company Midwest Lightning have over the years developed differences and they are now at complete 180 degrees when it comes to their views about the business. The solution that has been suggested is that the partnership should end as the differences have become irreconcilable. In the course of separation, various issues have now arisen, regarding the valuation of the company and how much worth each partner should be accrued in the event of separation. 1) Evaluation of the company-Buy and Sell bids Allen Burke, the accountant of Jack Peterson and David Scott suggested a bid agreement. The agreement finalised was that both owners had agreed on the signing of a mutual buyout agreement. The agreement mentioned that the owners were to submit a secret bid in relation to what the other owner’s half of the business should be. The partner that would offer the maximum price would then buy out the share of other partner. A minimum...
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...Loss Statement Paper 04/21/2014 BSA/310 Profit and Loss Statement Paper A profit and loss statement is a statement that shows a company’s revenue and expenses over a particular period of time. A profit and loss statement covers net sales, cost of goods sold, gross profit, and net operating income to calculate how much money a business made or lost (net income). It is important for any business to keep an accurate accounting of all transactions to ensure an accurate profit and loss statement. Kudler Fine Foods, for example, has their profit and loss statement from the year ending December 31st, 2003 made publically available. Breaking down this statement will allow us to see how this company performed in 2003. Net Sales Net sales are calculated by taking the total amount of revenue generated from sales and subtracting sales returns and allowances. Sales returns are the loss a company receives from items that were returned for one reason or another. Sales allowances represents money that is lost by offering these returned products at a discounted rate (open box). Kudler Fine Foods generated $10,804,000 in gross sales. They incurred a loss of $7,800 due to sales allowances and returns. This equates to Kudler Fine Foods having net sales of $10,796,200 for 2013. Cost of Goods Sold Cost of goods sold, or COGS, represents the cost of obtaining a product that is to be sold. This can be through a third party wholesaler or through a company’s manufacturing process...
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...Case 9-23 | 1. |a. |Sales budget: |April |May |June |Quarter | | | |Budgeted sales in units |35,000 |45,000 |60,000 |140,000 | | | |Selling price per unit | × $8 | × $8 | × $8 | × $8 | | | |Total sales |$280,000 |$360,000 |$480,000 |$1,120,000 | | | | | | | | | | |b. |Schedule of expected cash collections: | | | |February sales |$ 48,000 | | |$ 48,000 | | | |March sales |112,000 |$ 56,000 | |168,000 | | | |April sales |70,000 |140,000 |$ 70,000 |280,000 | | | |May sales | |90,000 |180,000 |270,000 | | | |June sales | ...
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...Курс по операционным системам (на примере ОС Windows) Основан на учебном курсе Windows Operating System Internals Curriculum Resource Kit (авторы David A. Solomon, Mark E. Russinovich, Andreas Polze), Цель курса: дать основы функционирования современных операционных систем на примере ОС Windows с возможностью модификации исходного кода учебной операционной системы (Project OZ) с последующей её сборкой и отладкой на виртуальной машине. Краткое содержание курса Тема 1: Введение в операционные системы Тема 2: Принципы функционирования операционных систем Тема 3: Параллельное выполнение операций Тема 4: Планировщик задач Тема 5: Управление памятью Тема 6: Управление устройствами и система ввода-вывода Тема 7: Защита и безопасность Тема 8: Файловая система Тема 9: Встраиваемые системы и реальное время Тема 10: Отказоустойчивость Тема 11: Оценка производительности Тема 12: Автоматизация управления Дополнительные разделы Тема 1: Сетевые возможности Windows Тема 2: Сравнение ядер Linux и Windows Тема 3: Возможность взаимодействия Windows и Unix Содержание разделов курса Тема 1: Введение в операционные системы Обзор курса Эволюция операционных систем Семейство операционных систем Windows – концепции и инструменты Тема 2: Принципы функционирования операционных систем Структурирование операционных систем Windows Базовые механизмы работы Windows Окна в ОС Windows Windows API – типы данных и соглашения о именовании идентификаторов Тема 3: Параллельное...
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