insignificant total sales value (Horngren, C, Sundem, G ,Stratton, W, and Burgstahler, D. 2008). If we report an item as a by-product, we allocate only the separable costs to it. We allocate all joint costs to the main products. Also, a deduction of all revenues from by-products, less their separable costs, from the cost of the main products. Q13-16 “An increasing number of companies are using variable costing in their corporate annual reports.” Do you agree? Explain. We do not agree that companies
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increase the performance of the company. The first and foremost responsibility of a company is to seek its customer satisfaction, benefit utilization, increased net revenues, and also to achieve financial stability. To evaluate the financial stability of a company, one should calculate the Operating cost, Earnings per share, growth revenue and return on interest and capital. If we succeed how we will look to our stakeholders Customer Value Perspective. The customers determine the success of the company
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Clarkson Lumber Company Problem Analysis: According to Exhibit 1, after computing the net profit margin, we can see that since 1993, the return on sales are 2%, 1.96%, 1.7%, which indicate the first problem. The cost of goods relative to the sales was high which caused the return on sales are too low comparing to the industry level, which also means the costs grew faster than the sales. Secondly, according to Exhibit 2, after computing the days sales outstanding, since 1993, they
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The purpose of this report is to conduct a comprehensive business performance analysis using financial historical information/analysis of Costco. While Costco may not seem to have the revenue, assets and market share like similar and larger companies such as Wal-Mart and Target they are without a doubt a very profitable and successful company. What Costco lacks in high margins, they make up for in being a highly efficient company boasting high asset and equity turnover while maintaining optimum liabilities
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total annual amortization of R&D that has been capitalized until year 3. 3. What would you suggest to the managers of the company, with regard to possible modifications in their accounting policies? (For purposes of this question, ignore the revenue creation potential of R&D to emphasize the mechanical aspects of the procedure of R&D capitalization. In doing so, we implicitly acknowledge that Granados considers capitalization of R&D for the sole purpose of managing short-term earnings). The
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Investment Analysis for OrotonGroup Limited Table of Contents 1. Introduction 3 2. Business Model and Operating Environment 4 2.1 Business Model 4 2.2 Operating Environment 5 3. Horizontal and Vertical Analysis 6 3.1 Horizontal Analysis on Balance Sheet 6 3.2 Horizontal Analysis on Income Statement 9 3.3 Vertical Analysis on Balance Sheet 11 3.4 Vertical Analysis on Income Statement 13 4. Ratio Analysis 14 4.1 Ratio Analysis for OrotonGroup 14 4.2 Ratio Analysis for Country
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Question 1 Northlake’s income statement for 2004 shows a healthy increase of 2.6% to 12.1% of net income over the previous years. Industry wide, there has been shrinkage in sales and Northlake is no exception. Northlake has managed to keep shrinkage at 1%. Sales per FTE student are very high/good. Sales per FTE employee are lower than expected. Sales per square foot of total space low as well, 60% of average. Management had managed to control costs in all categories. Inventory was being kept
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Some theorists contend that companies that create pollution should report the social cost of that pollution in income statements. They argue that such companies are indirectly subsidized as the cost of pollution is borne by society while only production costs (and perhaps minimal pollution fines) are shown in the income statement. Thus, the product sells for less than would be necessary if all costs were included. Assume that the FASB is considering a standard to include the social costs of pollution
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697.00 1,546.00 $ 7,896.00 $ 9,442.00 $ 1,485.00 $ 7,584.00 $ 8,664.00 9,069.00 $ 10,361.00 Question 2 The revenue hours associated with the variable costs are linked to the figures in Exhibit 1 January Number of weekdays (M-F) X 24 hours per day Number of Saturdays X 8 hours per day Total hours available for revenue Revenue hours Intracompany Commercial Total revenue hours Hours available to sell The variable cost associated with Salem Data Services are: Item Equipment costs Power Wages
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* F l e x i b l e Schedul ing at Wal-Mart Good or for employees bad? * 2. About WAL-MART * 3. MILLION DOMESTIC WORKERS * 4. $379 $476 BILLION SALES REVENUE IN 2008 +25% BILLION SALES REVENUE IN 2014 *United States Securities and Exchange Commission; March 21, 2014 * 5. MAKES it the TOP RETAILER in USA * 6. HOW? * 7. S A V E L I V E BETTER MONEY * 8. low Operational Cost low Prices Just-in-Time Inventory * 9. The Case * 10. M A N U A L work scheduling is
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