rP os t 4381 DECEMBER 14, 2011 DAVID A. GARVIN SUNRU YONG Introduction op yo Bergerac Systems: The Challenge of Backward Integration In July 2010, Ian Wyckoff, CEO of Bergerac Systems, scribbled a few notes about his latest meeting with a group of veterinarians. These were his customers, and they provided direct feedback on their latest experiences with Bergerac’s diagnostic instruments for animal care. The feedback was always valuable, although on this visit it was not
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and the overall capital for the month was $204.14. The balance sheet is a financial statement that itemizes the assets, liabilities, and equity for the business for a certain period of time. The total assets was $223.02 (cash $206.75, supplies $16.27 and accounts receivable$ 36.97) and the liabilities $36.97(accounts payable) and the owner's equity $167.17, total of liabilities and owner's equity $204.14. The statement of cash flow is an itemized cash receipts and cash payment summary for a certain
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CHAPTER 14 – LONG-TERM LIABILITIES [pages 782-840`] LEARNING OBJECTIVES 1. Describe the formal procedures associated with issuing long-term debt. 2. Identify various types of bond issues. 3. Describe the accounting valuation for bonds at date of issuance. 4. Apply the methods of bond discount and premium amortization. 5. Describe the accounting for the extinguishment of non-current liabilities. 6. Explain the accounting for long-term notes payable. 7. Describe the accounting
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much profit was created with owners’ investmentsA smaller leverage # = owners’ own a greater portion of the assets | Current Ratio | Current Assets / Current Liabilities | Measure liquidity and reveal whether the firm can meet its debt for the coming year | Quick ratio/ Acid test | (Current Assets – Inventories) / Current Liabilities | (Current and Quick ratios measure ... ^^) | Debt to total Assets | Total Debt / Total Assets | Shows the degree of financial leverage | Ratios & Measure
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Implementation, Strategic Controls, and Contingency Plans Apple Inc. STR / 581 March 3, 2014 Professor Wallace Introduction Apple Inc. is a leading global retailer of computers, tablets, cell phones, and other entertainment items. Apple needs new growth methods, product development and be the leader in the mobile market. The implementation plan below will identify the course of action best suited for the corporation along with the implementation process, assessed risks and financial projections
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serious cash flow problem considereing that cash has decresed about 50% per year from 2006 through 2008. This can also be seen by the cash ratio which is a a very low .085 which means Strong Tie is on its way to barely covering its short term liabilities while the industry average stands at .5. Strong Tie has seen a stall in growth and revenue between 2006 and 2008 as well as in future years. Growth stands at a mere .61% for future years. Company Name: Strong Tie LTD. Location: Winnipeg
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1. A. Prepare the necessary entry to record Brookhaven’s February payroll. The entry will include deductions for the following. 02-28-xx Brookhaven Debit Credit Salary expense 50000 Social Security taxes Payable 2000 Medicare taxes payable 750 Federal income taxes payable 7500 State income taxes payable 2000 Insurance withholdings 500 B. Prepare the journal entry to record Brookhaven’s payroll tax expense. The entry will include the following Social Security
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assets to the realisation accounts except cash/Bank Dr. Realisation A/C with book values Cr. Asset A/C 3. Transfer all the liabilities to the realisation A/C Dr. Liability A/C Cr. Realisation A/C 4. for the agreed values of the assets and liabilities Dr. Asset A/C- For the new firm Cr. Realisation A/C Dr. Realisation A/C Cr. Liability A/C- For the new firm 5. for the balances in the realisation accounts Dr. Realisation A/C using the old Cr. Old Partners
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income/Average No. of outstanding shares | | 2011-$2.00 = 60,000/30,0002012- $2.12=70,000/33,000 | | B. Working capital. | | Working capital = current assets - current liabilities | | 2011- 85,000 = 155,000-70,0002012- 113,000 = 188,000- 75,000 | | C. Current ratio. | | Current ratio = Current assets/Current liability | | 2011 :2.2 =155,000/70,0002012: 2.5 = 188,000/75,000 | | D. Debt to total assets ratio. | | | | Debt to total asset ratio = Total debt/Total assets | |
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CHICAGO Marriott Corp. Spinoff (A) by Professors Robert Gertner and Steven Kaplan On October 5, 1992, the Marriott Corporation announced plans to spin off its profitable hotel management business leaving its real estate assets as part of the successor corporation. At first glance the deal did not seem very different from many other corporate restructurings. However, because much of Marriott's existing debt was to become an obligation of the real estate assets only, the default risk on that debt
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