to the organization so it becomes more profitable. 2. Basic types of Performance Measures The basic performance measures that we all are custom to on a daily basis are net income, earnings per share and ROA (return on assets). These are the most common to know specially when you are trading stock options, net income tells one how much the company have made, earnings per share tells the shareholder how much he can expect in return of his shares and finally ROA lets one know how much the return
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shareholder? Does our market cap overvalue or undervalue us? Does our market cap overvalue or undervalue us relative to our income-producing assets? How much after-tax income are we generating with the capital we’ve raised? How much after-tax income are we generating for common Common Book Value Common Shareholders’ Equity Tangible Book Value (TBV)(3) Net Income Net Income to Common EPS Common Shareholders’ Equity – Goodwill –
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Ross Jenkins Groupon Scandal 2:30 Pavlo, Walter. "Groupon Accounting Scandal, and We're Surprised?" Forbes. Forbes Magazine, 03 Apr. 2012. Web. 03 Feb. 2013. Groupon went public for the first time on November 4, 2011 and was a big hit. They quickly surged from $20/share to $31/share. It was not more than 4 months until an accounting scandal arose with much controversy. After this first day boom, investors have lost more than $9 billion in stocks. The original backers of Groupon tried to hide
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Eleven posted record operating and net income in the fiscal year ended February 2013. Seven Eleven policy is to reflect earnings growth in return of profits to shareholders. They aim to maintain a consolidated payout ratio of at least 35%, and aim to improve it further. Fiscal Year 2013 | 2012 Yen | 2013 Yen | 2013 US Dollars | Revenues from Operations | *4,786,344 | *4,991,642 | $53,673,569 | Operating Income | 292,060 | 295,685 | $3,179,408 | Net Income | 129,837 | 138,064 | $1,484,559
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like Wal-Mart and Target so they acquired Sears which now seems to be their downfall. Kmart sales have gone down tremendously because it has not successfully anticipated consumers’ needs. The immediate response of the merger was a decline of 84% in income and later on a net of $170 million loss during the first quarter of 2011. Even if the company’s profit has been positive this year, it seems that it is not at its fullest capacity. Sears’s problem is that it needs to focus more on their own identity
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Practice Final Answer Key Answer Key 1. Direct materials used = 6,000 + 7,000 – 1,000 = 12,000. Cost of goods manufactured = 12,000 + 5,000 + (600 + 500 + 1,900 + 3,500) + 800 – 3,000 = 21,300. Cost of goods sold = 4,000 + 21,300 – 5,300 = 20,000. Gross margin = 31,800 - 20,000 = 11,800 2. B 3. D 4. D Sales 350,000 – CGS 160,000 = 190,000 5. B Sales 350,000 – CGS (variable) 160,000 – Var Sell and Adm 35,000 – Var Adm 15,000
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integration of these systems. Succeeding Weill as CEO was Chuck Prince, and he wanted to move away from acquisitions and to grow the company through organic growth, which was a complete change from prior strategies. Prince aimed to increase Citigroup’s net income by 50% from 38% through international business in 2002. Then in 2005, strategy shifted from organic growth to more risk taking because “you have to take more risk to if you want to earn more”. One of the main issues by taking in more risk was a
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able to expand almost continuously when others are cutting back. * Barrick’s ability to protect its investment allows it to acquire other under-priced or distressed assets in low gold price periods. Barrick also practices hedging of accounting income which is a suspect. This along with their frequent change of hedging practices leads us to believe they may be
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doubles advertising revenue, adds new concessions Published: Sunday | September 9, 2012 NMIA Airports Limited (NMIAL) is reporting a 20.55 per cent improvement in non-aeronautical revenue (NAR) for fiscal year 2011-2012 on the back of improved income from concessions and advertising. NMIAL is the Airports Authority of Jamaica subsidiary that operates the Norman Manley International Airport. The airport company earned US$14.76 million in non-aeronautical up from US$12.24 million in the previous
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779 billion in 2010, representing a 14.8% increase in revenue. For the first half of 2011, revenues increased 19.5% from $1.81 billion in 2010 to $2.16 billion. Net income: Net income increased from $61 million in 2009 to $97 million in 2010, representing a 59% increase in net income. For the first half of 2011, net income decreased 6.7% from $30 million in 2010 to $28 million. * 2. Starbucks Corp. (NMS: SBUX) As we all know, Starbucks is a famous roaster and retailer of coffee. Co. purchases
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