income 15,339 Gain on sale of land 7,000 Total revenues 652,339 341,850 Cost of sales 485,000 300,000 Interest expense 17,000 Selling and admin. expense 50,000 20,000 Income tax expense 34,000 8,740 Total expenses 586,000 328,740 Net income 66,339 13,110 Bonds payable – P Company Issued Jan. 1, Year 2 200,000 (a) Discount Jan. 1, Year 2 10,000) Amortized – Years 2 to 8 (10,000 / 10 ( 7) (7,000) – to July 1, Year 9 (1,000 ( ½) (500) 2,500 Balance
Words: 637 - Pages: 3
Servers. I have worked in developing web-applications for the Saudi Prince Muqrin’s IT Company (IS-TECH). Furthermore, I have helped in developing & maintaining SQL-Databases for my University, & during my Final Year Project. With knowledge of Microsoft .NET framework, web-development in ASP.NET, and about Database management in SQL Server 2008 R2, I am certain that I can make a contribution to this humanitarian cause. Please find my attached curriculum vitae for more details on my previous qualifications
Words: 295 - Pages: 2
SODASTREAM INTERNATIONAL LTD. (Report of Foreign Issuer) FORM 6-K Filed 02/29/12 for the Period Ending 02/29/12 Telephone CIK Symbol SIC Code Fiscal Year 972 (3) 976-2323 0001502916 SODA 3630 - Household Appliances 12/31 http://www.edgar-online.com © Copyright 2012, EDGAR Online, Inc. All Rights Reserved. Distribution and use of this document restricted under EDGAR Online, Inc. Terms of Use. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K
Words: 12325 - Pages: 50
00. When I subtracted the expense of $7050 from the revenue $16,400 the net income was $9350.If I were to purchase Benjamin O Henry’s business the amounts of revenue would stay the same. My expenses would be a additional $3000.00 for managers salary. My total expenses would be $10,050. When subtracting my expenses from my revenue my net income would be $16,400. The most I will pay for the business is 20 times the monthly net income.20 times $6350 which equals $127,000. Benjamin O Henry will take
Words: 305 - Pages: 2
million, establishing them as an industry force. Lowe’s has posted extremely strong numbers in the past few years and the company has grown rapidly, swelling it’s store base from 500 to over 950. Sales have increased an average of 20% per year and net income has surged 30% annually. Impressive earnings growth has translated into accelerated operating cash flow, allowing the company to strengthen their balance sheet and indicative ratios. Lowe’s profitability ratios are excellent as each
Words: 4255 - Pages: 18
Responsibility centers and financial performance measures Performance measurement is a tool for management control activity. Management control can be defined as the process by which managers and/or those placed in positions of responsibility influence other members of an organization to implement the organization’s strategies. The management control activities are aimed at ensuring that strategies are carried out so that the organization’s objectives are achieved. A specific aspect of management
Words: 6107 - Pages: 25
Plans LLC (AGHP), should be excluded from the competitive bid based on alleged unfair competitive advantage stemming from AGHP’s hiring of former TMA (TRICARE Management Activity) employee. Health Net argues that the award to AGHP has been irreparably tainted do the fact that AGHP has hired one of Health Net top level with access to inside, non public source selection information and contract proprietary information. This paper will also go into details on some of the tactics to prevent this from happening
Words: 627 - Pages: 3
Riordan Manufacturing Business Systems Review Executive Summary The Executive Management Committee has tasked our team to review its operations, identify and describe the company’s current business system, and recommend changes. Based upon our evaluation, Riordan currently possesses three different operating systems in its Finance and Accounting department. It is recommended that the company consider employing a Windows Hyper-V Server 2008 platform with SQL Server 2008 and General Ledger
Words: 1146 - Pages: 5
costs 48,774 22.88 27,527 26.73 28,932 29.31 105,233 Less other income 101 0.05 53 0.05 51 0.05 205 X $ Value of sales Net of total costs and other income** 48,673 22.83 27,474 26.68 28,881 29.26 105,028 Sales revenue [net] $51,672 $24.23 $25,996 $25.25 $26,670 $27.02 $104,338 Net income from operations 2,999 1.41 (1,478) (1.44)
Words: 427 - Pages: 2
Executive Summary Clarkson Lumber is a small but rapidly growing lumber company in the Pacific Northwest. Keith Clarkson--sole owner and president--anticipates further sales growth but his business may not be able to keep up with future demand because of a shortage of cash, despite good profits. Currently the company has a line of credit with Suburban National Bank, but the bank would not offer any one customer any more than a $400,000 loan, a limit which Clarkson is bumping up against at $399
Words: 1870 - Pages: 8
