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
Premium Expense Depreciation Budget
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
Premium Generally Accepted Accounting Principles Balance sheet Revenue
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
Premium Generally Accepted Accounting Principles Balance sheet Internal control
A1. Custom Snowboards is a company that uses financials to their benefit‚ they would naturally prepare a yearly budget and most likely a five-year budget with expected sales and costs‚ as well as the direction of the company and a growth plan. Custom Snowboards should clean up their financials before pursuing an expansion. A clean-up should begin well in advance to requesting funding for growth or expansion. One way to make the financials look better might be to care less inventory on-hand by
Premium Revenue Financial ratios Balance sheet
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
Premium Balance sheet Asset Generally Accepted Accounting Principles
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
Premium Sylvia Plath Writing
WRITING TASK 2: People nowadays work hard to buy more things. This has made our lives generally more comfortable but many traditional values and customs have been lost and this is a pity. To what extent do you agree or disagree? You should write at least 250 words. [Đề này lấy từ quyển CAMBRIDGE INSTANT IELTS‚ trang 95] I. INTRODUCTION: Phần mở bài‚ nên có: 1. Topic sentence(s): viết lại y của đề bài. Nhưng quan trọng là không copy y chang từ của đề‚ mà phải ‘biến tấu’
Premium Energy development Alternative energy Wind power
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
Free Training Skill Profession
Task 2 CYP 3.1-3.1 How to monitor children and young people’s development using different methods The main methods are health assessments from health visitors and doctors‚ to check children are healthy and reaching health and development targets. For example the Apgar score assesses the condition of baby at birth. Childcare practitioners and teachers monitor in education‚ through early years foundation stage profiles to ensure children are achieving developmental goals in all aspects of learning
Premium Developmental psychology Time Childhood
helps the company to predict the needed cost per unit‚ so the business can determine the profit it needs to stay competitive. The learning is based on the theory that the employees will get better at their tasks doing the job more frequently. The theory also supports the time needed to produce the tasks will decrease as production continues. Using the learning curve‚ Shuzworld can determine how much to charge for its products and know the how much profit to expect for selling at the determine price. It
Premium