info@askanalyst.com +373-796-24706 Initiation of Coverage 26 September 2005 TomTom NV Eurolist: “TOM2” Rating: Buy Price target: 45.9 EUR Quote 52-Week Range Recent Price Market Cap Shares Outstanding 09/26/05 35.86 $3,673.0 Mn 102.4 Mn € ’mn Revenue EBITDA Net Income Total Assets Total Debt Shareholders’ Equity Debt/Equity ROE ROA EPS P/E 2003A € 39.1 10.4 6.2 21.0 0.0 7.6 0.0 134% 48% € 0.06 2004A € 192.4 44.5 27.7 91.1 0.0 37.8 0.0 122% 49% € 0.26 2005E € 562.7 131.4 95.5 399.2 0.0 249.6 0
Words: 4712 - Pages: 19
CASE 2-1 Revenue and Expense Recognition—Orthodontic Centers of America CASE OBJECTIVES The objective of this case is to evaluate the revenue and expense recognition methods used by the company. INTRODUCTION The following information was extracted from the 1999 and 2000 annual reports of Orthodontic Centers of America [OCA]. The company provides practice management services to orthodontic practices in the United States. OCA acquires and develops orthodontic centers and manages the business
Words: 1561 - Pages: 7
that they would otherwise defer. By doing so, Campbell Soup not only used price concessions to prop up its reported revenues and profits but they also manipulated the reports on their periodic income statement. During the audit PwC also learned that Campbell recorded some trade discounts as Selling General and Administrative expenses (SG&A) instead of reduction to Gross revenues. However, Campbell officials guaranteed that in the future proper recording of key amounts would be reported in its
Words: 943 - Pages: 4
Chapter 5 Income Measurement and Profitability Analysis exercises Exercise 5-1 Requirement 1 Year Income recognized 2011. $250,000 ($400,000 - 150,000) 2012. – 0 – 2013. – 0 – 2014. – 0 – 2015. – 0 – Total $250,000 Requirement 2 | | | | | |Year |Cash Collected |Cost Recovery(37.5%)
Words: 1727 - Pages: 7
Table of Contents Executive Summary This report provides an analysis and evaluation of the financial situation of Bershire Threaded Fasteners. Methods of analysis include identification of financial changes bought by changes in sales volume, sales mix, sales price and product cost. The report finds the prospects of the company in its current position are not negative. The major areas of weakness require further investigation and remedial action by management. Recommendations discussed
Words: 612 - Pages: 3
Tax Revenues and E-Commerce Table of Contents: i. Introduction ii. E-Commerce iii. Internet Tax Freedom Act (ITFA) iv. Amazon and “Amazon Tax” v. State Budgetary Gaps vi. Conclusion vii. Appendix a. Colorado House Bill 10-1193 b. State Budget Gaps and Uncollected Tax Revenues c. Regression Analysis i. Graph 1.1 ii. Graph 1.2 iii. Graph 1.3 viii. References Introduction It was May of 1984 in Gateshead, England when Tesco recorded the first ever-online shopping transaction
Words: 4342 - Pages: 18
the biggest revenues and budgets in all of sports. They have a worldwide reach because of the their brand power and their on field success. With one of the most powerful and recognized owners in sports the Cowboys have a franchise that tops the list as on e of the most successful sport franchises in all of sports. One of the most common situations in sports is a franchise losing money. It happens many times when the payroll and other expenses exceed the income from the various revenue sources available
Words: 446 - Pages: 2
Liability Cleaning equipment - Asset Salaries payable - Liability Cleaning supplies - Asset Common stock – Stockholders’ equity E1-12 The following information relates to Linda Stanley Co. for the year 2008. Income Statement Revenues: • Service Revenue 62,500 Expenses: • Salaries Expense 30,000 • Rent Expense 10,400 • Utilities Expense 3,100 • Advertising Expense 1,800 Total Expenses 45,300 Net Income 17,200 Retained Earnings Statement Retained Earnings
Words: 255 - Pages: 2
Introduction “Asked what a business is, the typical business man will likely answer ‘An organization to make a profit.’ The typical economist is likely to give the same answer. This answer is not only false but irrelevant.”1 Companies that are known to experience lasting success are ones who stay true to their core values and purposes despite changes in the world. Most recently because of the recession many companies and industries were affected in some way. The airline industry was certainly
Words: 2624 - Pages: 11
THE FAMILY BOWL P.O. Box 12345 Omaha, Nebraska 68101 The Family Bowl business plan outlines a strategy for a bowling alley that caters to families and celebrates people of all nationalities. It will differentiate itself from other bowling alleys by providing a clean and friendly atmosphere. It also will have the largest number of lanes in the area. This plan was provided by Ameriwest Business Consultants, Inc. • EXECUTIVE SUMMARY • OBJECTIVES & GOALS • BUSINESS DESCRIPTION, STATUS
Words: 6744 - Pages: 27
