appear here: .:. Requirements 1. Compute Raven Design’s predetermined indirect cost allocation rate for the current year. 2. Compute the total cost of each of the two jobs listed. 3. If Raven Design wants to earn profits equal to 20% of sales revenue‚ how much (what total fee) should the company charge each of these two clients? 4. Why does Raven Design assign costs to jobs? SOLUTION: Req. 1 Predetermined indirect cost allocation rate: Estimated indirect costs: Support staff salaries..
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shows the company’s revenues and expenses during a particular period. It indicates how the revenues (money received from the sale of products and services before expenses are taken out‚ also known as the "top line") are transformed into the net income (the result after all revenues and expenses have been accounted for‚ also known as "net profit" or the "bottom line"). It displays the revenues recognized for a specific period‚ and the cost and expenses charged against these revenues‚ including write-offs (e
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Mathieu Lemonnier Aurélien Marino Cédric Moulart 1 Marick Schippers Introduction Introduction History Market analysis Market definition Market size Market evolution Market trends Consumer trends PESTEL analysis PepsiCo Inc. Key figures Mix Net Revenue Market shares Competition Business model Supply chain Geographic analysis Responses to trends The customers Their strategy Challenges Main challenges 2 What does Pepsico do ? 3 Pepsico foundation through mergers and acquisitions Acquisition
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tentative understanding with Mississipi Greater Gulf Coast Housing Development Corporation (MGGCHDC) to build a $100 M worth of modular housing‚ and also planned to diversify by leasing a 350 sq ft. plant in Gulf Port to be financed by industrial revenue funds to be approved by local voters. In 1971 SHC also revealed its plan to widen its target market by catering not only to public housing projects. It doubled its manufacturing facilities and created US Shelter Corporation‚ a subsidiary for construction
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company’s management team headed by the President who channeled the efforts of the company in products and markets where it had distinctive competence. The company operated through two divisions which are the Construction-the main service and revenue segment of the company‚ which was involved in constructing large-scale industrial facilities‚ and in providing technological skills‚ labor and specialized engineering services; and the Machinery Division-which came from the success of the Construction
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1. (TCO A‚ B‚ C) External users want answers to all of the following questions except: (Points : 3) Is the company earning satisfactory income? Will the company be able to pay its debts as they come due? Did the company use a budget to plan its expenses? How does the company compare in profitability with competitors? | 2. (TCO C) Debt securities sold to investors that must be repaid at a particular date some years in the future are called: (Points : 3) accounts
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retiring dentist and has been successful in his practice considerably. However‚ he now faces a management problem of motivating his employees who are suffering from low morale and do not seem to be working as hard as they could to help increase the revenue of the clinic. Dr. Perry‚ had attended a dental conference in Chicago in 2005‚ and recalled two approaches to profit sharing which would help in motivating the employees. He now faces the dilemma as to which one of the two pay structures would be
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Apple Reports Second Quarter Results Best March Quarter Revenue and Earnings in Apple History CUPERTINO‚ California—April 22‚ 2009—Apple® today announced financial results for its fiscal 2009 second quarter ended March 28‚ 2009. The Company posted revenue of $8.16 billion and a net quarterly profit of $1.21 billion‚ or $1.33 per diluted share. These results compare to revenue of $7.51 billion and net quarterly profit of $1.05 billion‚ or $1.16 per diluted share‚ in the year-ago quarter. Gross
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closely dependent on the growth of its earnings per share‚ a main indicator which investors used to invest in a company. b. Step-1: Massaging the numbers or income smoothing Business managers can control the timing of some expenses and sales revenue to some extent and therefore boost or dampen recorded profit for the year. In this way managers ”put a thumb on the scale”‚ the scale being net income for the year. When managers cross the line and go too far it’s called cooking the books. Cooking
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Liquidity Ratios 2012 2011 Current Ratio 20‚025/24‚025=0.83 17‚003/27‚075=0.63 Quick Ratio (7‚138+10‚744)/24‚025=0.74 (6‚252+9‚259)/27‚075=0.57 Activity Ratios Receivable Turnover 46‚417/((10‚744+9‚259)/2)=4.6 45‚884/((9‚259+8‚784)/2)=5.1 Inventory Turnover 31‚546/((486+537)/2)=61.7 30‚814/((537+433)/2)=63.5 Profitability Ratios Rate of Return on Assets 7‚003/((139‚576+151‚220)/2)=4.8% 7‚870/((151‚220+156‚985)/2)=5.1% Rate of Return on (7‚003-56)/((78
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