Booker Jones Case Study #1 a) 20,000 Additional Barrels needed in 1961 at a cost of $31.50 per barrel. Expenses (Costs of Barrels Used) would be reduced by $630,000. Pretax loss was ($407,000) so by reducing expenses by $630,000, a pretax profit of $223,000 would be generated. b) 1) There were 172,000 barrels in inventory at 6/30/60. If costs of the barrels were added to inventory, it would increase inventory by $5,418,000 (172,000 x $31.50). Inventory would be valued at $9,924,000
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A REPORT ON THE EFFECT OF FISCAL DEFICIT ON WHOLE SALE PRICE INDEX IN INDIA Submitted by, Group 7 – Sec A Ankit Rout (U111007) Chinmaya Swain (U111017) Kavindra Sharma (U111027) Nikhil Lukose (U111037) Samik Bhattacharjee (U111047) Swarup Kumar Mishra (U111057) ------------------------------------------------- ACKNOWLEDGEMENT We would like to express our whole-hearted gratitude to all those who have helped with the report or have been associated with the report in any way
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$200,000 in 1994. Mr. Holtz took a note for $200,000 to be paid off in 1995 and 1996 with interest rate of 11%, repaid in two semi-annual installments of $50,000 beginning June 30, 1995. The terms of this note are not conducive to the current cash cycle of Clarkson Lumber. He is required to pay the note in too short of time in comparison to his revenue. Mr. Clarkson also used his cash to invest in working capital (see #3) associated with the company’s increasing sales volume. This prohibited him from
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assets plus long-term assets, current assets were about 49.42% and fixed assets equal about 10%.Which has been mostly financed by long-term liabilities of 96% and short-term liabilities of 31%, this equals to 127% financing do to negative equity on previous year losses. In 2004 assets decreased to at about 48.52%, the company sold some of the fixed assets equaling about 13.5%. There was also an increase in inventory from 4% in 2003 to 4.8% in 2004. There was an increase in long-term liability of about
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Introduction to Fertilizer Industry of Pakistan Over the years, Pakistan’s economy has been heavily dependent on agricultural segment. It is considered to be the backbone of economy as it supports high percentage of GDP among other sectors, generating massive inputs for the agro based industry. During Fiscal year 2011, agricultural sector growth rate was 1.2% which supported huge sectors of economy like manufacturing, exports etc, which in turn resulted in increased consumption and has continued
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Company has liquidity means it is able to pay off short term loan, and its cash flow is positive to ensure business running into a profitable future. How much cash that a business hold in stock is crucial for the business, it can indicate whether a company can continue without going concern problem. Working capital is subtractive between current assets and current liabilities, and it is helpful to increase firm’s profitability in the short term but taking a risk of insolvency. Manager of a firm
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composition of assets and the level and structure of financing. In order to make right decision, it is necessary to have a clear understanding of the objectives. Such an objective provides a framework for right kind of financial decision making. The objectives are concerned with designing a method of operating the Internal Investment and financing of a firm. There are two widely applied approaches, viz. (a) profit maximization and (b) wealth maximization. The term 'objective' is used in the sense of an object
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Commercial Paper Thomas K. Hahn C ommercial paper is a short-term unsecured promissory note issued by corporations and foreign governments. For many large, creditworthy issuers, commercial paper is a low-cost alternative to bank loans. Issuers are able to efficiently raise large amounts of funds quickly and without expensive Securities and Exchange Commission (SEC) registration by selling paper, either directly or through independent dealers, to a large and varied pool of institutional
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[pic] Term Paper: On Cash Flow Statement of DBBL Date of Submission: Term paper on Of Dutch Bangla Bank Limited [pic] Supervised By- Tahamina Hossain Lecturer Dept. of Accounting Mohammadpur kendriya college, Dhaka. Prepared by- Md. Alamin Khan Exam. Roll. 9596583 Exam. Reg. 1649101 Session: 2009-2010 Dept. of Accounting Mohammadpur Kendriya college, Dhaka Date of Submission: Letter of Transmittal 18 April, 2013 Tahamina Hossain Lecturer Dept
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the SCF. •Investing activities are those activities that relate to long-term assets and investments. * The acquisition and disposal of property, plant, and equipment; intangible assets; other assets; and investments are all included in this section. * Changes in (current) operating assets, such as inventory and accounts receivable, are excluded from this section and included in operating activities. •Financing activities relate to borrowings of the entity and contributed owners' equity
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