BUSINESS PLAN A.ZORBAS & SONS PLC Names and University Identification Number: Abdulla Al Mamun Mozumder-U104N1039 Constantinos Constantinou- U104N0905 Demetris Siamilis-U094N0610 Katia Mavri- U104N0906 Nikolas Efthymiou-U094N0211 Course Name: Financial and Managerial Accounting Course Abbreviation and Number: MBA 612 Name of Instructor: Angelos Tsaklanganos Table of Contents 1.0 Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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used by this Japanese company. It should be noted that there are several similarities. Under Japanese GAAP, the pension obligation is measured based on the projected benefit obligation and amount recognized is based on an amount net of the liability and plan assets. There is smoothing of gains and losses. Also, the components of pension expense are similar. (b) Shorter amortization periods will result in higher pension expense with respect to prior service costs. Depending on whether
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CONTENTS PAGE Page Executive Summary.................................................................................................................................................i 1. Motor Vehicle............................................................................................................................................1 2.2 Type of Asset and cost.......................................................................................................................
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Borrowed $16 K, signing not payable to bank: Cash +16K, Notes Payable +16K Oct 31: Paid 1000 on account: -1000 Cash, -1000 A/P. Add up all the asset columns for Total Assets. Expected to receive in the total under A/R: 3850 What is owed? Total Liabilities What is owned? Total S.E Net Income=Revenue - Expenses. Payment of Salary/Wages: 34 K Depreciation: 12 K Decrease in current
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Huffman Trucking | | |Income Statement | |For the Year Ended, December 31, 2006 | |(In Thousands) | | | | |
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share (Net income- /Average common shares outstanding) 70000/33000 = 2.1 60000/30000= 2.0 Working Capital Current Assets-Current Liabilities (28000+70000+90000)-75000 = $113000 (20000+62000+73000)-70000 = $85000 Current ratio Current Asset/Current liabilities (28000+70000+90000)/75000 =1.5:1 (20000+62000+73000)/70000 =1.2:1 Debt to Total Asset (%) Total liabilities/Total asset (75000+80000)/760000 =2.04 (70000+90000)/685000 =2.34 Free Cash Flow Cash from operating services-Capital expenditure-Dividend
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Ms. Francis CJ261 April 13, 2011 Risk Management An asset is defined as “a useful or valuable quality, person, or thing.” An asset is also defined as “All properties, such as cash or stock that may cover the liabilities of a person or business.” Assets can also be defined as “people, equipment, property, business information, and professional reputation.” In this assessment the term people would include employees, visitors, and students. The equipment and property would include buildings, computers
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questions. (a)The liabilities of Cummings Company are $90,000 and the stockholders' equity is $230,000. What is the amount of Cummings Company's total assets? (b)The total assets of Haldeman Company are $170,000 and its stockholders' equity is $90,000. What is the amount of its total liabilities? (c)The total assets of Dain Co. are $800,000 and its liabilities are equal to one-fourth of its total assets. What is the amount of Dain Co.'s stockholders' equity? Assets = Liabilities + Stockholders'
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Horizontal analysis is an approach used by potential investors who want to examine the trend in profitability of a specific company. Investors could look at items such as sales and see a rise or decline but most prefer to look deeper into the company, as horizontal analysis is “only a first indication of the financial position of the company” (Hann, P. 2011). Because of this, vertical analysis is often required as more evidence to back up these claims. Generally the first item looked at on the Horizontal
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Return on Stockholders Equity Calculate Return on Stockholders Equity Return on Equity. An indicator of corporate profitability, widely used by investors as a measure of how a company is using its money. There are two ways of calculating ROE: the traditional formula and the DuPont formula. The traditional approach divides the company's net profit after taxes for the past 12 months by stockholders' equity (adjusted for stock splits). But this fails to account for the effect of borrowed funds, which
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