Balance Sheet and Product Essay

Submitted By pk06
Words: 2307
Pages: 10
Open Document
***************************************************************************** FIRM 7: ?????????????????????????????????????????????????? INDUSTRY PSA PERFORMANCE EVALUATION REPORT, MONTH 3 PAGE 1 *****************************************************************************

+--------+------- Industry -------+ | Firm 7 | Worst Average Best | ----------------------------------------+--------+--------------------------+ FINANCIAL | | | Net Income to Revenues | 8.6%| 8.3% 8.4% 8.6%| Change in Net Income to Revenues | 0.3%| -0.2% 0.2% 0.6%| Return on Assets | 27.8%| 26.1% 26.7% 27.8%| Net Asset Turns | 3.2 | 3.1 3.1 3.2 | ----------------------------------------+--------+--------------------------+ OPERATIONAL | | | Inventory Turnover | 16.7 | 8.6 14.7 22.5 | Fill Rate | 97.7%| 97.7% 98.8% 99.8%| Controllable Procure&Mfg to Revenues | 0.3%| 0.4% 0.3% 0.3%| Transportation Expenses Per Unit Sold | 34.6 | 35.8 35.2 34.6 | Forecasting Accuracy | 92.9%| 92.1% 93.7% 95.2%| (Marketing + Service) to Revenues | 8.6%| 8.7% 8.6% 8.5%| ----------------------------------------+--------+--------------------------+ CUSTOMER | | | Change in Market Share | 0.2%| -0.2% 0.0% 0.4%| Customer Satisfaction | 27.2%| 24.7% 25.8% 27.2%| ----------------------------------------+--------+--------------------------+

***************************************************************************** FIRM 7: ?????????????????????????????????????????????????? INDUSTRY PSA LINKS DASHBOARD, MONTH 3 PAGE 1 *****************************************************************************

Month 2 Month 3 +-----------------------+-----------------------+ Sales Volume | 67,591 | 69,122 | Unfilled Orders | 0 | 1,653 | ----------------+-----------------------+-----------------------+ Price | 398 | 399 | ----------------+-----------------------+-----------------------+ Revenues | 26,948,490 100.0% | 27,604,245 100.0% | Product Costs | 12,401,820 46.0% | 12,700,470 46.0% | Gross Margin | 8,969,284 33.3% | 9,338,898 33.8% | Net Income | 2,252,365 8.4% | 2,384,247 8.6% | +-----------------------+-----------------------+ ***************************************************************************** FIRM 7: ?????????????????????????????????????????????????? INDUSTRY PSA CORPORATE P&L STATEMENT, MONTH 3 PAGE 2 *****************************************************************************

All Products Product 7-1 Product 7-2 ------------ ----------- -----------

Sales Volume 69,122 42,835 26,287

Unfilled Orders 1,653 0 1,653

Price 399 389 415

Revenues 27,604,245 16,680,570 10,923,675 - Product Costs 12,700,470 7,324,785 5,375,685 - Order Processing 986,708
Show More

Related Documents: Balance Sheet and Product Essay

Accounting: Balance Sheet and Cash Equivalents Essay

Mary Derx-Robinson To analyze the disclosure on a financial statement will require information from the balance sheet and fiscal reports to give the accountants information to make valuable account decisions. In today’s society the business world keeps growing in size and complication with improved formats for example the balance sheet has new and informative information that will help accountant decide with method to use to show the statistics and assets to stockholders…

Words 779 - Pages 4

The Effect Of The Statement Of Principles For Financial Reporting Practice

matching and prudence was one issue that led to the introduction of a standard on post balance sheet events. If the matching concept is applied, the financial statements should reflect events that offer greater clarity of conditions that existed at the balance sheet date. Prudence might suggest going further, any event affecting assets/liabilities even if it related to conditions arising after the balance sheet date. There was also the issue of window dressing; situations where companies were manipulating…

Words 1542 - Pages 7

Accounting Assignment Essay

cheaper. But cost of buying the container is not the only cost to take into consideration when making a make or buy decision. If the firm were to buy the containers from an outsider supplier, other costs would arise such as transport costs as the products would now have to be delivered to the firm and quality inspection cost as the outsider supplier is now in control of the quality of the containers. (c) Profit from making the containers = ($49 x 30,000) – $250,500 = $1,219,500 Profit from buying…

Words 1124 - Pages 5

Essay on P4 unit 5

the components of profit and loss account and the balance sheet of Alfresco Ayub Mohamed 22 banter road Stingham Avenue Forest green London N13 5MT 24th June 2010 Alfresco 32 Crookdale Lane Ipswich IP32 6TY In this task I will be explaining the contents of trading and profit and loss account and a balance sheet for the Tottenham clothing company. Every company have…

Words 1641 - Pages 7

Essay on Financial Statements

different financial statements applied in the business world today. The four statements are the balance sheet, income statement, cash flow statement, and stockholders’ equity. Each of these financial statements interacts with one another in some way. Changes to one financial statement affect the other three financial statements. The first financial statement is the balance sheet. Within the balance sheet a company reports what it owns and what it owes. The fundamental accounting model is Assets…

Words 880 - Pages 4

Application Of Financial Statement

Question 1 Select either the balance sheet or income statement and explain how the use of it may be applied to your everyday life. Answer The basic definition of a balance sheet is a statement, of a particular date/time, that shows the amount of assets owned by a business/company as well as the amount of liabilities and owner’s equity associated with those assets (Assets = Liabilities + Owners Equity). These three categories on the balance sheet give management and possibly investors…

Words 763 - Pages 4

Balance Sheet and New Company Essay

might not have a previous prior balance sheet, or income statement. They could still establish budget plans. They would need to secure operating capital and loans from the bank. As a new company they would need to know how much of each product to develop, how much each item should cost to execute, and how much revenue it is expected to bring in. A family owned company is in the same boat, sales projection, production plan, and establish the cash balance account. Like a new company you…

Words 336 - Pages 2

Accounting Notes

Chapter 2 Balance Sheet and the Flow of Costs: * When costs create an immediate benefit, company records it to be an expense on the income statement. * Example: Gasoline for delivery vehicles * When cost creates future economic benefit, the company records the cost on the balance sheet as an asset * Ex: Inventory to be resold * Ex: Equipment to be later used for manufacturing * Asset = future economic benefit * Remains on balance sheet until it is used…

Words 790 - Pages 4

Mgt 521 Business Analysis Part 1

and there is a big competition between them. Strength is internal origin, and you can control it. You can make your product or service better and take the advantage, be more wanted. Weaknesses Here we can see the weaknesses of a company. Weaknesses are also in internal origin, and you can control it. This will help us to understand what is the disadvantage of the company’s product or service and how we can improve them. Weaknesses may appeared because of limited sources, lack of skills or technology…

Words 1660 - Pages 7

Double-entry Bookkeeping System and Balance Sheet Essay

business transaction be recorded in double-entry fashion and the total debits must equal or balance total credits. Total assets= total liability+ owners’ equity. Accrual: It is an accounting concept which says company’s expenses and revenues are taken into account once they occur and not at the time the cash is paid out or received. Activity based costing: A technique for allocating costs to a product, service, customer, etc. The premise is that activities cause an organization to incur costs…

Words 1250 - Pages 5