CGA-CANADA ADVANCED MANAGEMENT ACCOUNTING [MA2] EXAMINATION March 2011 Marks 30 Time: 3 Hours Question 1 Select the best answer for each of the following unrelated items. Answer each of these items in your examination booklet by giving the number of your choice. For example‚ if the best answer for item (a) is (1)‚ write (a)(1) in your examination booklet. If more than one answer is given for an item‚ that item will not be marked. Incorrect answers will be marked as zero. Marks will not be awarded
Premium Cost Cost accounting Costs
the date of such oral statements and the company disclaims any obligation to update such statements. This document includes the non-GAAP financial measure of “Adjusted EBITDA” which we define as net income/loss excluding: provision for income taxes; interest and other income
Premium Income statement Revenue Income
approach: At any degree of leverage‚ the company’s overall cost of capital (ko) and the Value of the firm (V) remains constant. This means that it is independent of the capital structure. The total value can be obtained by capitalizing the operating earnings stream that is expected in future‚ discounted at an appropriate discount rate suitable for the risk undertaken. The cost of capital (ke) equals the capitalization rate of a pure equity stream and a premium for financial risk. This is equal to
Premium Finance Earnings before interest and taxes Investment
Target Financial Health ACC/230 August 21‚ 2014 Jean Petrie Target Financial Health This wonderful company hasn’t always been known as Target or “Tar-zhay” as some may call it. It first started off as Dayton Dry Goods Company in February of 1902 (Target‚ 2014). Within the next nine years founder George D. Dayton expands and begins to take on a new range of products and services. Dayton was a man of a generous nature and in his giving created The Dayton Foundation‚ whose purpose was to
Premium Financial ratios Revenue Financial ratio
get the business started‚ and initial training and organizations in order. 16 months will be taken to find the right property‚ have the building finished‚ and all equipment installed and ready for business. During the few weeks after completion and before the initial opening‚ selection and training of employees will take place to ensure that AutoRama will be ready to run as soon as the doors open. The company will establish itself in the market by strong marketing techniques in print and radio‚ as
Premium Generally Accepted Accounting Principles Fast food restaurant Fast food
An analysis on Debenhams We have taken the company Debenhams for our analysis. The methodology adopted for the analysis includes ratio analysis and a comparative study with Lewis‚ a leading apparel company in U.K Company profile: Debenhams Debenhams plc engages in the operation of department stores. The company’s stores provide a range of products‚ including women’s wear‚ men’s wear‚ children’s wear‚ lingerie‚ health and beauty‚ and home ware products‚ as well as gifts and accessories. It offers
Premium Generally Accepted Accounting Principles Stock market Financial ratios
Southeast Bank. Profitability Ratios Profitability Ratio: 2006 2007 2008 2009 2006 2007 2008 2009 Return on Asset 1.21% 1.23% 1.28% 1.23% 1.76% 1.90% 2.70% 1.66% Return on Equity 22.80% 22.50% 21% 19.30% 18% 19.9% 29.3% 16.51% Net Interest Margin 1.99% 2.8% 2.8% 2.7% 1.9% 2.4%
Premium Revenue Financial ratios Earnings before interest and taxes
Financial Analysis of AB InBev Debra Griffin Shorter University Managerial Accounting ACCT 5300 Dr. Amy Austin-Savage October 31‚ 2012 Financial Analysis of AB InBev A Brief History of Anheuser-Busch The Anheuser-Busch InBev Company (AB InBev) was established throughout the years through mergers and acquisitions. AB InBev is the largest brewery in Jupille‚ Belgium. They operate in North America‚ Latin America‚ South America‚ Europe‚ and Asia Pacific. Due to political upheavals
Premium Generally Accepted Accounting Principles Income statement Revenue
effectively management has deployed the resources available to it‚ irrespective of how those resources have been financed. Various formulae can be found in textbooks for calculating ROCE. The most common uses operating profit (defined as profit before interest and taxation) and the closing values for capital employed (although using averages for the year is more accurate). This ratio is useful when comparing the performance of two or more companies‚ or when reviewing a company’s performance over a number
Premium Generally Accepted Accounting Principles Marketing Profit
Case # 5 Panera Bread Company 1. What is Panera Bread’s strategy? Which of the four generic competitive strategies discussed in Chapter 3 most closely fit the competitive approach that Panera Bread is taking? What specific kind of competitive advantage is Panera Bread trying to achieve? Driving concept: to provide a premium specialty bakery and café experience to urban workers and suburban dwellers. Generic: Broad differentiation strategy. Competitive advantage: striving to build a
Premium Revenue Profit margin Income statement