...Dear Robert, The statements provided have been used to come to a decision regarding finance. Based on the figures and reasons in the below report it is with great pleasure that your business loan is approved. It is the opinion of the bank that Creative Activities has certain areas it needs to look at, these areas may become bigger issues if they are not addressed. But it is also felt Creative Activities has adequate cash flows to cover the finance costs. Below is reported all figures and meanings for ratios and how these ratios influenced the decision. The company's ROA and ROE have remained constant over the last two years with only a marginal increase of .01% in ROA. Whilst there is no huge improvement in these results, it shows that the company is stable and can maintain steady returns. Gross profit margin has gone up from 57.53% to 57.93%. Gross profit is a reflection of the direct return on sales, without taking into account the operating costs of the company. An increasing GP might indicate that Creative Activities has either been able to achieve a higher price point, secure a discount on direct costs involved in producing the product, or a combination of both. This is an encouraging result. Profit margin has moved in a positive direction from 2010 to 2011, this is a good result for Creative Activities. An increase in GP has also influenced the bottom line, which has resulted in a slightly increased Profit Margin. However, while sales have grown by...
Words: 1551 - Pages: 7
...1. A. Prepare the necessary entry to record Brookhaven’s February payroll. The entry will include deductions for the following. 02-28-xx Brookhaven Debit Credit Salary expense 50000 Social Security taxes Payable 2000 Medicare taxes payable 750 Federal income taxes payable 7500 State income taxes payable 2000 Insurance withholdings 500 B. Prepare the journal entry to record Brookhaven’s payroll tax expense. The entry will include the following Social Security taxes Payable 2000 Medicare taxes payable 750 State unemployment taxes payable 2700 Federal Unemployment taxes payable 400 2. Prepare journal entries to record the transactions. A. 12-20xx Visconti’s Debit Credit 1-Dec Cash 10000 Note payable 10000 10-Dec Warranty expense 810 Warranty payable 810 22-Dec Purchases/Inventory 16000 Account payable 16000 26-Dec Cash 5000 Note payable 5000 31-Dec Warranty payable 162 Cash 162 31-Dec Salary expense 1400 Salary payable 1400 B. Prepare adjusting entries on December 31 to record accrued interest for each of the notes payable. 31-Dec Interest expense 138 Interest payable 138 3. A. Prepare journal entries to record the transactions. Date Title of account Debit Credit 2-Aug Cash 55000 Note payable 55000 20-Aug Delivery...
Words: 314 - Pages: 2
...Accounting Assessment 2: Ratio Analysis Report CONTENTS Executive Summary …………………………………… 3 Profitability Measures …………………………………. 4 Efficiency Measures …………………………………… 5 Liquidity Measures …………………………………….. 6 Financial Gearing (Leverage) Measures ……………….. 7 Conclusion/Recommendation …………………………... 8 References ………………………………………………. 9 Appendix: ……………………………………………….. 10 FORMULAS, CALCULATIONS AND LINE GRAPHS FOR ACCOUNTING 1: Ratio Analysis Report Executive Summary The purpose of this report is to provide analysis over the past 4 years of financial reports submitted by Safety Styles Pty Ltd (SS) as it seeks to obtain finance to expand their operations, and subsequently make a recommendation regarding there application for finance. Discoveries and explanations were based on calculations using various financial ratios: profitability, efficiency, liquidity and Gearing. I believe that (SS) has sound management, which is reflective of their performance, and has the ability to service the requested business loan. In order to nurture and assist growth, finance is required to apply investment strategies, through the acquisition of much needed assets. Profitability Measures Return on Assets (ROA) measures how profitable a business is comparative to its entire assets and measures utilization of them, although assets are calculated using carrying not market values, which may provide misleading results (BOUNDLESS 2013, para. 4). Safety Styles ROA...
Words: 2091 - Pages: 9
...The Impact of Social Media in Marketing Management Journal of Business; ISSN 2233-369X; Volume 3, Issue 1, 2014 The Impact of Social Media in Marketing Management Giorgi BAGATURIA* Margaret JOHNSON** Abstract The advent of the social media has brought about tremendous changes and advancement in the marketing process and has made it much better on the one hand and much worse on the other. However, nowadays, it has been widely accepted that social media is the next big trend in the marketing world and several studies have shown that these media or channels are often more effective than the traditional ones. Since the turn of the century, social media has steadily emerged ahead of the mass media as the most used media. Both print circulation and TV viewership have been falling consistently over the years; for instance, TV viewership has gone down almost 50% since 2002. In contrast, social media has reported massive gains since the early days of MySpace, with social media usage among U.S. adults increasing by 800% over the past eight years (Edwards, 2013). For marketers, this is a huge advantage because the rapid transition from mass to social media presents the opportunity to create impactful, relevant marketing messages. This data-powered personalized marketing approach is not only much more effective, but also more costefficient and scalable. Recently, social media has become a term synonymous with business marketing. Although still in its early stage, there is still so...
Words: 6731 - Pages: 27
...For more information please contact: Candy Chan Head of Public Relations Telephone: +852 2345 2233 E-mail: prcandychan@hkf.com A Press Release FOR IMMEDIATE RELEASE February 14, 2014 4th FITNESS CENTRE OF HK FITNESS GRAND OPENING The Community is invited to tour this Fitness Centre on Saturday, February 28th. The new fitness centre of HK Fitness Co. will hold a grand opening on Saturday, February 28th from 2PM - 4PM. The HK Fitness Co. invites all community members to come in, experience the yoga classes and tour this fitness centre located at 30/F, IDC Building, 10 Central Road, Causeway Bay near the Time Square, in front of Hysan Place. Ms. Joyce Ng, the CEO of HK Fitness says, “The Fitness Centre was built to promote health and wellness in the community and also offer variety of health and fitness programmes for people who are interested in being fit. We are proud to be a part of the encouragement in fitness and healthy life style.” The Fitness Centre focus on well developed and customer-oriented that will provide a wide range of group exercise classes, personal training, state-of-the-art equipment and largest staff of any centre, in order to fulfill all of the customer needs. The 1,000 square-meter gym include advanced electronic fitness equipment, Indoor Cycling Studio, Cardio Machines, Resistance Machines, Private Personal Training Area, Kick Fit Area, Wireless Access and more. The Fitness Centre will be open for member use starting Sunday, March...
Words: 302 - Pages: 2
...OMGT 4783 – Project Management for Operations Managers Session II 2009 Instructor: Dr. Lou Adler Office: Bella Vista, AR Telephone: 479-855-2233 Office Hours: Upon Request Email: ladler@uark.edu Required Textbooks & Equipment 1. Project Management: A Managerial Approach, 7th edition, Jack Meredith & Samuel Mantel, John Wiley and Sons, 2009. 2. Project Management Case Studies, 3rd edition, Harold Kerzner, John Wiley and Sons, 2009. 3. Access to a personal computer (PC) for assignments in MS ProjectPro, which must be loaded into the machine. Grading |Homework |Weekly Assignments |100 pts |10% |Grading | |Exams |Mid-Term |200 pts |20% | A ≥ 90% | | |Final |300 pts |30% | B 80-89% | |Course Projects |Individual Project |150 pts |15% | C 70-79% | | |Team Project |150 pts |15% | D 65-69% | |Class Participation | |100 pts |10% | F ≤ 64% | |Total | |1000 pts |100% | ...
Words: 725 - Pages: 3
...------------------------------------------------- University of Southern Mississippi ------------------------------------------------- College of Business ------------------------------------------------- MGT 470: Organizational Staffing ------------------------------------------------- Spring 2012 Syllabus ------------------------------------------------- (This syllabus is subject to change at the instructor’s discretion.) Professor Dr. Cheri Becker Office: College of Business, Long Beach Campus Office Number: 228.214.3439 Cell: 228-216-8561 cheri.becker@usm.edu Office Hours: Tuesdays & Thursdays 9 – 10:30 AM or 1-2:30 PM Monday, Wednesday & Friday By appointment Course Description This course is designed to provide students with a working knowledge of the fundamentals associated with developing and implementing employee selection plans that are legally sound and valid predictors of the individual’s potential to perform in a given job. This is a three credit course. TEXTS: Staffing Organizations, Sixth or Seventh Edition. By H. G. Heneman, III and Timothy Judge (2009) or H. G. Heneman, III and Timothy Judge and John Kammeyer-Mueller (2012) McGraw-Hill Irwin. ISBN 978-0-07-353027-7. Tanglewood Case Study. Will be available on Blackboard. Course Objectives: At the completion of this course, students should be able to: * Understand the impact of the environment and the operating mission on the organization’s staffing strategies...
Words: 764 - Pages: 4
...Primary Source Reading for week 2 By: Mandi Williamson HIST-2233-M02 10:30am-11:20am This week I was assigned to read the following passages, The Epic of Gilgamesh, Laws of Hammurabi, Hymn to the Pharaoh, The Aton Hymn and Psalm 104. The Epic of Gilgamesh the author of this tale is current unknown or anonymous, but was considered to be a great story among the people of Mesopotamia. It was most likely written around 2000B.C. The Epic tells a story of Gilgamesh, the king of a Sumerian city of Uruk. It tells how he was in search of the secret of immortality. He found a man by the name of Utnapishtim, who was granted eternal life by the gods. Utnapishtim tells Gilgamesh the story of how he came to be immortal. He started off by saying how he...
Words: 768 - Pages: 4
...Law Opinion CJA/224 June 6, State and Federal Court System There are two kinds of courts within the United States; those courts are state and federal courts. The establishments of state and federal courts are local and state courts are established by the state. Federal courts are established by the U. S. Constitution. This established court decides arguments that involve the constitutional laws. State courts have a broaden jurisdiction, those cases are most likely to involve robberies, traffic violations and family disputes and those cases are normally held in state court. The Constitution of the United States (U.S.) has established a system in which the federal government will have limited power and all remaining power will be the decision states. This is proof of powers being shared that defines an interaction among the federal and state courts (Fine). The U.S. judicial system composed multiple autonomous courts, an integrated system that is worked into various geographic units and levels of hierarchy. With that on mind every state will have a court system with systems of local courts that will abide within the state. According to (Fine) both federal and state court structures will have the U.S. Supreme Court as the final arbiter of federal law, as the highest court of every state is called the Supreme Court; and the Supreme Court will have the power to interpret the matters of the law of that state. The criminal laws of the U.S. are a sound productivity of...
Words: 1298 - Pages: 6
...Alegria Rodriguez Professor Baiz PELEC 15 16 May 2014 Drug Abuse It is often misunderstood by people why or how others get addicted to drugs. Most of the time we perceive abusers lack morals, are bad people and that it is easy to quit and to change their behaviors. Drug abuse is a serious public health problem that affects almost every community and family in some way. Each year drug abuse causes millions of serious illnesses or injuries among Americans. Abused drugs include Amphetamines, Anabolic steroids, Club drugs, Cocaine, Heroin, Inhalants, Marijuana and Prescription drugs. Drug addiction is actually a disease and quitting is more than having a strong will or good intentions. Drugs change the brain which causes quitting to be more difficult even if the abuser is ready to do so because of withdrawals or other symptoms. It has so many negative consequences on the abuser and society. Estimates of the total overall costs of substance abuse in the United States, including productivity and health- and crime-related costs, exceed $600 billion annually. Estimates of the total overall costs of substance abuse in the United States, including productivity and health and crime related costs, surpass $600 billion annually. This includes approximately $193 billion for illicit drugs, (1) $193 billion for tobacco, (2) and $235 billion for alcohol. (3) As bad as these numbers are they don’t fully describe the other prices people pay such as crime, loss of employment, failure in school...
Words: 1311 - Pages: 6
...MASTERS SCHEDULE FALL TERM - 2014-2015 Monday Full Course 1st Half 2nd Half 1st Half Tuesday Full Course 2nd Half 1st Half Wednesday Full Course 2nd Half 1st Half Thursday Full Course 2nd Half 1st Half Friday Full Course 2nd Half 2229 | Investments | Prof. Pedro Santa Clara Class: TB - Room: A223 2188 | Microeconomic Analysis | Prof. Pedro Pita Barros / Guido Maretto Class: TA - Room: 209 2229 | Investments | Prof. Pedro Santa Clara Class: TB - Room: A223 2237 | Financial Econometrics | Prof. Paulo M. M. Rodrigues Class: TA - Room: A223 2414 | Financial Management | Prof. Melissa Prado Class: TA - Room: 219 2430 | Advanced Marketing | Prof. Jorge Velosa Class: TB - Room: 219 2430 | Advanced Marketing | Prof. Jorge Velosa Class: TA - Room: 219 2414 | Financial Management | Prof. Melissa Prado Class: TB - Room: 240 2253 | Corporate Finance | Prof. Cláudia Custódio Class: TB - Room: A102 2422 | Strategy I | Prof. Guido Maretto Class: TC - Room: 217 2186 Econ | Mastering Your Own Career | CMO Class: TA - Room: A223 2432 Mgm | Mastering Your Own Career | CMO Class: TA - Room: 217 09:30 - 11:00 2237 | Financial Econometrics | Prof. Paulo M. M. Rodrigues Class: TA - Room: A102 2431 | Marketing Management | Prof. Victor Centeno Class: TA - Room: 217 2430 | Advanced Marketing | Prof. Victor Centeno Class: TC - Room: 209 2422 | Strategy I | Prof. Guido Maretto Class: TA - Room: 219 2336 | Human Resources Management | Prof...
Words: 2263 - Pages: 10
...forgive himself. This enlarged his reactions to Elizabeth’s lack of forgiveness and he often lashed out. “You will not judge me more, Elizabeth. I have good reason to think before I charge fraud on Abigail, and I will think on it. Let you look to your own improvement before you go to judge your husband any more. I have forgot Abigail, and- “ (1233). Out of embarrassment, Proctor acted like what he did was not a big deal and this frustrated Elizabeth. Deep down, he knew the extent of the tragic flaw. "Because it is my name! Because I cannot have another in my life! Because I lie and sign myself to lies! Because I am not worth the dust on the feet of them that hang! How may I live without my name? I have given you my soul; leave me my name!” (2233). Proctor’s prize possession was his good name and the respect and integrity associated with it, and he didn’t want it to disappear. This is why he chose not to testify against Abigail throughout the trials. Proctor knew...
Words: 1180 - Pages: 5
...Sister Mathilde DeLucy Doctor Gloria Thurmond MUAP 2233-BB October 10, 2014 “An Emotion of Joy” Mozart’s “Un Moto di Gioja,” taken from his great work The Marriage of Figaro, is a classical piece relatable to anyone who has felt simultaneously the feelings of nervousness, happiness, and expectation in one fell swoop. The composer, who was born on January 27th 1756, was prompted by his father to become someone great. Mozart is famously known for his genius beginnings at the early age of five. A child prodigy, Mozart, was already performing before the royals of Europe by six years of age. As he was just barely reaching the cusp of adulthood, at the age of seventeen, he was employed in Salzburg. In only a few years, the restless heart of...
Words: 1373 - Pages: 6
...Research Question: Evaluate the impact of technology tools such as internet in work performance. Does the ability to engage in leisure activities such as Facebook, Twitter and other social networking tools during work improve productivity, or does it act as a distraction? The significant increase of technology and connectivity in the workplace in recent years has lead to an unexpected, potentially negative, by-product of behaviours demonstrated by many employees, which is now commonly referred to as cyberloafing, cyberdeviancy or cyberslacking. While on the surface the initial response by most business owners and managers is that cyberloafing is a wasteful activity costing the company money through loss of productivity as a result of employees spending company time on personal endeavours, there has been another, more positive spin off, to the personal use of technology. These aspects have been investigated and expanded upon during numerous investigations into these behaviours. It has also been found that there are several factors within the workplace, such as technology use policies, that can contribute to employee behaviours in relation to use of company provided technologies that will be explored within this essay. 1 While many business owners and managers would like to see the occurrence of cyberloafing in the workplace eradicated completely there is plenty of evidence available from multiple independent studies that not...
Words: 1751 - Pages: 8
...Understanding Roles and Responsibilities When Caring for Individuals with Dementia P4 – Explain roles and responsibilities of Health and Social Care workers in improving the health and quality of life for people with dementia. In this task I will be explaining the different roles and responsibilities of Health and Social Care workers, when it comes to caring for individuals suffering from dementia. These roles and responsibilities are: * Person-Centred Approach * Safeguarding and Protecting * Maintaining Health and Wellbeing * Service Provision Person-Centred Approach A good health and social care services will follow the principles of the Person-Centred Approach. This approach aims to see the person as an individual, rather than concentrating on their illness or on the capabilities they have lost. Other than treating the individual as a group of symptoms and behaviours to be controlled, person-centred approach looks into the person as a whole, taking into consideration of each persons’ unique talents, abilities, interests, preferences and needs. Person-centred approach also means to treat people with dementia with dignity and respect. Safeguarding and Protecting Safeguarding is the action that is taken to promote the welfare of vulnerable adults and protect them from harm. Individuals suffering from dementia may be subject to being mistreated and abused in the community or in care homes and hospitals. This can include psychological, financial, emotional...
Words: 1948 - Pages: 8
