Fi FINANCIAL STATEMENT ANALYSIS (section 2) ch 19 -creditors and investors use financial statement analysis to predict expected return and assess risk (variability in the return) HORIZONTAL ANALYSIS: -the study of percentage changes in comparative statements -eg. identifying that sales increased by 20% since last year is more useful than knowing sales increased by $20,000 -can be used to calculate all figures (including COGS, expenses, etc) -don’t calculate a percentage change
Words: 6638 - Pages: 27
CHAPTER 2 Basic Cost Management Concepts and Accounting for Mass Customization Operations ANSWERS TO REVIEW QUESTIONS 2-1 Product costs are costs that are associated with manufactured goods until the time period during which the products are sold, when the product costs become expenses. Period costs are expensed during the time period in which they are incurred. 2-2 Product costs are also called inventoriable costs because they are assigned to manufactured goods that are inventoried
Words: 7201 - Pages: 29
Fundamentals of Cost Accounting 3e William N. Lanen University of Michigan Shannon W. Anderson Rice University Michael W. Maher University of California at Davis FUNDAMENTALS OF COST ACCOUNTING Published by McGraw-Hill/Irwin, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY, 10020. Copyright © 2011, 2008, 2006 by The McGraw-Hill Companies, Inc. All rights reserved. No part of this publication may be reproduced or distributed in any form or
Words: 73102 - Pages: 293
MAKERERE UNIVERSITY MAKERERE UNIVERSITY BUSINESS SCHOOL FACULTY OF MARKETING AND INTERNATONAL BUSINESS IMPACT OF INVENTORY MANAGEMENT AND PROFITABILITY OF A COMPANY A CASE OF KK FOODS EXPOTORS LIMITED AMANYA AMOS 12/U/15971/EVE SUPRRVISED BY ATUGONZA FAITH A RESEARCH REPORT SUBMITTED TO MAKERERE UNIVERSITY BUSINESS SCHOOL IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THE AWARD OF DEGREE OF BACHELOR OF INTERNATIONAL BUSINESS OF MAKERERE UNIVERSITY APRIL, 2015 DECLARATION
Words: 10590 - Pages: 43
................ 6 Five Forces Model.......................................................... 8 Industry Analysis ..........................................................14 Key Success Factor………………...................................... 15 Accounting Analysis ................................................ 19 Accounting Analysis Steps .........................................…..19 Screening Ratios ........................................................ .28 Ratio Analysis & Forecast Financials
Words: 12673 - Pages: 51
analysis. The tools allow the user to see the potential effect on the breakeven level or total profit of potential variations in the key uncertain factors in the analysis. The uncertain factors affecting breakeven might be the unknown level of unit variable cost, price or fixed cost. Also, in determining total profit, the unknown level of demand might be a key uncertain factor. Exercise: Use a
Words: 9076 - Pages: 37
Contents IntroductionDay 1MarketingDay 2Ethics Day 3AccountingDay 4Organizational BehaviorDay 5Quantitative AnalysisDay 6 FinanceDay 7OperationsDay 8Economics Day 9StrategyDay 10MBA Mini-Courses ResearchPublic SpeakingNegotiating International BusinessBusiness LawTenDay MBA DiplomaAppendix: Quantitative Analysis TablesBibliographyMBA Abbreviation LexiconIndex AcknowledgmentsAbout the AuthorPraise for the Ten-Day MBACopyrightAbout the Publisher Introduction After I earned my MBA, I had a chance
Words: 97445 - Pages: 390
CHAPTER I THE PROBLEM AND ITS SCOPE INTRODUCTION Rationale In every business, there is a corresponding supply of resources in order to support its operation. Resources are the total means available to a company for increasing production or profit. These factors contribute to the total framework of an entity. Sometimes, these cannot be controlled by the entity. Without these resources, an entity cannot operate business. Utilization is one of the factors to be considered in determining
Words: 5544 - Pages: 23
Contents IntroductionDay 1MarketingDay 2Ethics Day 3AccountingDay 4Organizational BehaviorDay 5Quantitative AnalysisDay 6 FinanceDay 7OperationsDay 8Economics Day 9StrategyDay 10MBA Mini-Courses ResearchPublic SpeakingNegotiating International BusinessBusiness LawTenDay MBA DiplomaAppendix: Quantitative Analysis TablesBibliographyMBA Abbreviation LexiconIndex AcknowledgmentsAbout the AuthorPraise for the Ten-Day MBACopyrightAbout the Publisher Introduction After I earned my MBA, I had a chance
Words: 96678 - Pages: 387
thorough understanding of the accounting process and its application and introduce students to audit, tax and GAAP and IFRS standard setting processes. Prerequisites: ACCT 2231 and ACCT2232 (or concurrent enrollment in ACCT2332) Mission of the Department of Accountancy and Taxation Prepare accounting graduates for leadership roles in the accounting profession; Conduct research that advances the body of accounting knowledge, and inevitably has implications on accounting practice; Perform service
Words: 2607 - Pages: 11
