Executive Summary Grizzly Bear Financial Managers is a comprehensive financial planning and estate planning consultancy. Grizzly's services are comprehensive in terms of offered products (mutual funds, equities, estate planning) and depth of research. Although it costs a fair amount of money for Grizzly to do an in-depth amount of research into prospective investments as well as possible options for the client, this up-front cost will be eclipsed by a long-term relationship that is likely to be
Words: 4256 - Pages: 18
MIM Financial Accounting Online Pre-course Answers to Problems (Session 1) Problem 1 Req. 1 |Kellogg Services, Inc. | |Income Statement | |Year Ended December 31, 20X7 | |Revenue
Words: 1468 - Pages: 6
by Page Table of Contents Analysis by Page 1 Introduction 2 Property and Equipment 3 Figure 1: Property and Equip Details 3 Intangible Assets 4 Figure 2: Review of Intangible Assets 4 Goodwill 6 Figure 3: Review of Goodwill 6 Liabilities 7 9 Other Capital Ventures 11 Works Cited 12 Introduction The Comcast Corporation is the largest cable and home internet provider in the United States. The company functions as a cable provider and ISP, including telephone services for
Words: 2278 - Pages: 10
http://www.acfe.com/resources/view-content.asp?ArticleID=857[8/18/2009 2:17:57 PM] © May/June Association of Certified Fraud Examiners Something's Fishy at Jones Company Classroom Case Takes Auditors from Investigation to Confession By Martin J. Coe, MBA, ACFE Educator Associate, CPA, CISA; Jeffrey Coussens, MFA; and John Delaney, DBA, ACFE Educator Associate, CPA, CIA In this following fictional case designed for classrooms or seminars, an intrepid seasoned internal audit manager and an
Words: 498 - Pages: 2
Elise Lee Project Part 3 2. The current SG&A to revenues ratio is 28.4%. I did $521,536/$2,181,732). I project the ratio to be 25% for fiscal 2014. This would make the SG&A expense $962,689.25. (In thousands) I got this by multiplying .25 with $3,850,757. I project the ratio to be 25% because of a couple reasons. First, in the MD&A section, it is stated that the SG&A to revenues ratio has decreased from roughly 35% in 2012 to 28.5%. This was due to achieving economies of scale
Words: 851 - Pages: 4
Requirements for Task 1: A Prepare a summary report in which you do the following: 1) Evaluate the company’s operational strengths and weaknesses based on the following: a) Review the horizontal analysis, analyze the results, and discuss operational areas of concern. “Horizontal analysis of financial statements involves comparison of a financial ratio, a benchmark, or a line item over a number of accounting periods. This method of analysis is also known as trend analysis
Words: 10434 - Pages: 42
equals Liabilities plus Owner’s Equity. Assets refer to the resources that the business owns, such as accounts receivable, machinery and equipment, land and buildings, inventory, cash at hand and bank and prepaid insurance. It is evident from the accounting equation that the total amount of assets is obtained by summing liabilities and owner’s equity (McLaney & Atrill, 2007). Liabilities refer to the obligations of the business, which are the amounts that the company owes. Liabilities are mostly
Words: 556 - Pages: 3
annual reporting period? The Company had $8,658,000 cash and cash equivalents at the end of 2013. What amounts of accounts payable did the company have at the end of its most recent annual reporting period? The company had a total of $15,133,000 in liabilities due under accounts payable ending December 2013. AMAZON.COM, INC. CONSOLIDATED BALANCE SHEETS (In millions, except per share data) | | | | | | | | | December 31, | | | 2013 | | 2012 |
Words: 434 - Pages: 2
Activity: Moodle: Week 3 Question (from Gaffikin 1996, question 2.28). R.A. Bartlett, Registered Valuer, is a sole proprietorship providing commercial and industrial valuations and feasibility studies. On 1 January of the current year, the assets and liabilities of the business were the following: Cash, $3200; Accounts Receivable, $4800; Supplies on Hand, $600; and Accounts Payable, $500. The following business transactions occurred during January. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. Paid
Words: 286 - Pages: 2
5528/2031 = 2.72 2011 = 6351/1999 = 3.18 2012 = 7346/2613 = 2.81 2013 = 8077/2584 = 3.13 Quick Ratio 2010 = 3349/2031 = 1.65 2011 = 4087/1999 = 2.04 2012 = 4686/2613 = 1.79 2013 = 5342/2584 = 2.07 Cash Flow from Operations to Current Liabilities Ratio 2011 = 1571/2015 = 78% 2012 = 1668/2306 = 72.3% 2013 = 1879/2598.5 = 72.3% Accounts Receivable Turnover Ratio 2011 = 13790/2191 = 6.27 2012 = 14955/2322.5 = 6.44 2013 = 16326/2439 = 6.69 Inventory Turnover Ratio 2011 = 7624/1730
Words: 758 - Pages: 4
