company’s gross profits were able to good growth from years 12-14 by $63,700 from years 12-13 and $39,200 from years 13-14. The primary reason for this growth was due to the increase in net sales from $4,536,000 to $4,771,200 form years 12-14. While cost of goods sold remand the same over the three years, net sales increase by 3.2% from years 12-13 and another 3% from years 13-14. This shows that while CB is increasing their profits and should be able to trend that way in the
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assets have increased 57.67 percent during the same period. From 1997 to 2001, the net income of Costco increased 92 percent; the return on sales showed an average total of 1.78 percent, up from 1997, which was 1.43 percent. Total current liabilities increased 4.90 percent during this four-year period but the company saw an increase in store locations from 274 to 365. Costco’s growth was financed by increased net sales of goods, membership fees, and an increase of 5.45 percent in common stock. The
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shop. His second highest expense is salaries. Then next are taxes, rent, depreciation, lease, insurance and interest in that following order. Tim’s Coffee Shoppe earned $400,527 in 2008 and his total expense were $326,016, which leaves him with a net income of $74,511. So if there are local businesses moving in around Tim’s Coffee Shoppe, will his business increase and what does this mean for his expenses, income and so forth? Granted, Tim’s business will pick up greatly with new businesses moving
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following statements applies to the efficient contracting version of positive accounting theory? 1) Earnings management is not necessarily unethical. 2) Firms should design managerial compensation contracts with a high proportion of compensation based on net income. 3) Debt contracts typically contain covenants based on accounting variables. 4) Financial reporting should not be conservative. b. Which of the following statements best captures the meaning of the decision usefulness approach to financial
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specially the determination of that volume at which its costs and revenues are equal to each other. The break-even point (BEP) may be defined as that level of sales of a firm at which its total revenues are equal to its total costs and hence its net income is zero. Break-even analysis discusses about the behavior of total cost and total revenue on the increasing output. Every firm aims at attaining break even point. As the output increases the total cost and total revenue also increase. The total
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Financial Analysis The operating cost is one of the most important issues that Starfire needs to concern about. In the case, FHP proposes to add two dry-van loads in order to enhance its working efficiency. We consider such loads as special sales order and take into account relevant information and cost behaviors. Different decisions and conditions may contribute to various financial consequences. Here, we simplify the complicated situations by analyzing three independent scenarios mentioned in
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company earned over a specific time period (usually for a year or some portion of a year). An income statement also shows the costs and expenses associated with earning that revenue. The literal “bottom line” of the statement usually shows the company’s net earnings or losses. This tells you how much the company earned or lost over the period.” This allows for the information to be gathered like a snap shot or moving picture depending on how the user wants to depict the information. Balance Sheets The
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Purchase Los Angeles Miami Cleveland Total Initial Investment Expected Annual Payments Los Angeles Miami Cleveland Total Annual Payments, Mortgage Interest, Insurance, Taxes Expected Gross Rents and Net Operating Income Expected Gross Rents Net Operating Income NOI vs. Mortgage Interest, Property Taxes, and
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EAD Quiz 1 Total Marks: 100 Time: 1:10 Minutes Marks Obtained: Name: _____________________________________ Roll Number: ____________ Question(1) MCQs Select one option only. 1. repository of shared assemblies maintained by the .NET runtime is called a. assembly line b. Assembly contents c. Assembly manifest d. Global Assembly cache 2. Which key is used for step into in debugging a. F7 b. F12 c. F11 d. F10 3. Which command is used to create exe file using
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back in more than a year = long-term debt Bond = emprunt, obligation, bon. Equity = common stock = capital Income statement Sales - cost of goods sold - expenses - depreciation expenses = EBIT or Operating Income - taxes = Net Income Net Income = dividends + retained earnings NI/NI =1 1 = dividends payant ration + retention ratio M&A class - 15th september I) Short Term Solvency Ratio (3 items) 1) CR = CA/CL 2) Quick ratio : (CA - inventory)/CL 3) Cash ratio = Cash/CL
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