A1- Key Points-Financial Overview- Custom Snowboards‚ Inc. (CSI) is considering if they should expand into Europe and if it is a sound financial decision. They are going to present their financial status to see if they are able to obtain funding for the company to be able to successfully expand themselves into the European market. The growth of sales and increases in revenue has shown to be a substantial percentage. CSI will want to borrow capital funds of $1 million to be able to finance the project
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Accounts Receivable balance is only about 3% of Sales. This does not seem very high‚ but external factors could help to make this look better or worse depending upon the circumstances. For example‚ if the industry average for account receivable is 5%‚ then Custom Snowboards’ would appear to be in a better situation than the average snowboard manufacturer. Reviewing Custom Snowboards Horizontal Analysis‚ it appears they have already begun reducing the accounts receivable‚ as well as reducing Notes
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Jet 2 Task 2 1. There are a few areas of concern with the Budget that Competition Bike‚ Inc. has displayed within their budget for year 9. The most prominent area of concern in is in the Revenue section of the budget. In the budget for year 9‚ Competition has included units sold to be 3510. This is a lofty prediction given that year 8 had seen such a big decline in that number. In year 8‚ Competition sold 3400 units‚ but the previous year had sold around 4000 units‚ a 15 % decline. The company
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A1. a. Horizontal Analysis INCOME STATEMENT Years 6 and 7 REVENUE Net sales for Competition Bikes‚ Inc. increased 33% from year 6 to year 7. This yielded a 31.8% increase in costs of goods sold. Gross profit in year 7 was up by 37.5%. This is done by subtracting the cost of goods sold (3‚294‚000) from net sales (4‚485‚000) and resulting in the 37.5%. Their overall net earnings increased 313.4% in the course of year 6 to year 7. That is roughly three times their previous earnings. This growth
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Articulation Evaluation 10 (evaluator’s name is not visible to author) Date Evaluated: 08/07/2015 05:38:46 PM (MDT) DRF template: Financial Analysis (GR‚ JET20513) Program: Financial Analysis (GR‚ JET20513) Evaluation Method: Using Rubric Evaluation Summary for Financial Analysis: JET Task 5 Final Score: Does not Meet Evaluator added files: GUIFFO‚ FERNANDO A. T. JET2_task5.8715.pdf (Adobe Acrobat Document) Overall comments: 8/7/15ARTICULATIONThe submitted paper is aptly written in an informational tone. The writing displays sentence fluency
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Competition Bikes Inc. Financial Analysis Financial analysis is the process of evaluating a business’s liquidity‚ viability‚ stability‚ and profitability. It is typically used during audits‚ to determine if a business is suitable to be invested in‚ comparison to other companies‚ and to analyze overall financial status. The typical items reviewed during financial analysis are income statements‚ balance sheet‚ and cash flow statements. Once the documents have been reviewed a report is formed and
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Behaviour Policy It is my policy to set clear boundaries for children’s behaviour. My procedure is always to reward and encourage good behaviour. This could be done verbally or in the form of a reward chart. I will discuss the boundaries for behaviour with all children‚ if children understand the boundaries they will feel more secure. I will take into consideration the age and stage of the child and their individual needs. Distraction will be used to divert a child’s attention. Where possible
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Introduction: In this task you will prepare a report for the chief financial officer (CFO) to present to a bank vice president who may consider extending a long-term loan to Custom Snowboards‚ Inc. The CFO has requested that you analyze the financial statements to arrive at a selection of key financial statement line items‚ a risk assessment and ratios that the banker may use to assess and‚ if the loan is granted‚ track the progress of the company’s ability to repay the loan. You will prepare
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Task 2.9.4 Answers 1. Off the job training so that the workers can learn to deal with customers properly before they start work. Role play would help them to practise what to say to different types of customers. A demonstration would help them to learn how to use the computer software. 2 Off-the-job training – send them on a typing course so they are taught and practise the skills that they need. 3. Off-the-job but at his place of work. The driver should work with a gardener to be shown how to
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Written Task 2 ONLY HL Written tasks One of the tasks submitted for external assessment must be based on a literary text studied in part 3or part 4 of the course. (The Awakening‚ Katherine Mansfield short stories‚ Sylvia Plath Poetry‚ A Doll’s House‚ Interpreter of Maladies ss and Pride and Prejudice) The other must be based on material studied in the language option ( Media and Advertisement). Formal requirements for tasks 2 One of the tasks submitted for external assessment must be a critical
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