Premium Essay

Info

In: Business and Management

Submitted By raghvi
Words 1338
Pages 6
Financial Accounting-Case Study |

Answers to 2-1
Question 1 and 2
Working Capital = Total Current Assets – Total Current Liabilities
Current Ratio = Current Assets/Current Liabilities
For Kellog 2009
Working Capital = 2558 – 2288 = 270 million dollars
Current Ratio = 2558/2288 = 1.18
For Kellog 2010
Working Capital = 2915 – 3184 = - (269 million dollars) = Working Capital Deficit
Current Ratio = 2915 /3184 = 0.91
Change in Working Capital = 270 – (-269) = 539 million dollars
% Change in Current Ratio: ((0.91 – 1.18) / 1.18)* 100 = -22.8 %
------------------------------------------------------------------------------------------------------------------------------------------
For General Mills May, 2009
Working Capital = 3534 – 3606 = -72 million dollars = Working Capital Deficit
Current Ratio = 3534 /3606 = .98
For General Mills May, 2010
Working Capital = 3480 – 3769.1 = - (289.1 million dollars) = Working Capital Deficit
Current Ratio = 3480 /3769.1= 0.92
Change in Working Capital = (-72) – (-289.1) = 217.1 million dollars
% Change in Current Ratio: ((0.98 – 0.92) / 0.98)* 100 = 6 %

Question 3
Both Kellog and GMI have same assets that made up their current assets except that GMI also have Deferred taxes included in their assets list and Kellog’s don’t do that. It is occurred because of the net loss carry over from the previous year.
Kellog’s have Account receivable as the largest asset in 2010 i.e. 1190 million dollars while GMI in the same year has Inventories as its largest asset as 1344 million dollars.
------------------------------------------------------------------------------------------------------------------------------------------
Question 4
For Kellogg: The Company has 2915 million USD as liquid amount but its current ratio is just under 1 for the year 2010. This means at this present moment it may not be able to...

Similar Documents

Free Essay

What Is Infor Abot?

...The domain name info is a generic top-level domain (gTLD) in the Domain Name System (DNS) of the Internet. The name is derived from information indicating that the domain is intended for informative Internet resources, although registration requirements do not prescribe any theme orientation. The info TLD was a response to ICANN's highly publicized announcement[citation needed], in late 2000, of a phased release of seven new generic top-level domains. The event was the first addition of major gTLDs since the Domain Name System was developed in the 1980s. The seven new gTLDs, selected from over 180 proposals, were meant in part to take the pressure off the com domain.[1] The info domain has been the most successful of the seven new domain names, with over 5.2 million domain names in the registry as of April 2008. After the September 11, 2001 attacks in the United States, the Metropolitan Transportation Authority of New York switched to the easier to remember mta.info website to lead users to latest information on schedules and route changes on the area's transportation services. Even in 2013, a website, Current Score info, was formed to provide current score of Football and Cricket across India. ICANN and Afilias have also sealed an agreement for country names to be reserved by ICANN under resolution 01.92.[2] info is an unrestricted domain, meaning that anyone can obtain a second-level domain under info for any purpose, similar to the com, net or org domains. This is in......

Words: 333 - Pages: 2

Free Essay

Info

...High(temporal(resoluAon •  Chemicals:(Smell(and(Taste •  InerAal(acceleraAons(of(the( head:(VesAbular •  Cell(deformaAons:(Touch(and( PropriocepAon((muscle,(tendon,( and(joint(receptors) Information Processing 2 1 * RepresentaAon •  Neural(code,(thought,(cogniAon:(AcAvaAon( of(a(specific(set(of(neurons(or(neural( networks( –  A(series(or(paLern(of(acAon(potenAals( represents (or( codes(for (thoughts,( percepAons,(acAons,… Introduction to Movement * 3 Human •  Second(and(third(stages(of( informaAon(processing –  Response(selecAon((decision) Input Stimulus Identification Response Selection Response Programming –  Response(Programming((acAon) Output Information Processing 4 2 * Results(of(Info(Processing •  Motor(Program:(Set(of(motor(commands(that(is( prePstructured(at(the(execuAve(level(that(defines( the(essenAal(details(of(the(skilled(acAon –  Specifies(what(to(do,(when(to(do(it,(and(for(how(long(to( do(it. Information Processing * 5 Output •  The(response(produced –  OpenPloop(system:(Output( based(solely(on(motor(program –  ClosedPloop(system:(Results(of( output(yield(sAmuli,(which(are( fed(back(into(system(and( influence(output Input Stimulus Identification Response Selection Response Programming...

Words: 262 - Pages: 2

Premium Essay

Info

...GENERAL ATTRIBUTES ( all info that is in black is in my own words and can be straight put on the leaflet) time management Time management – so that a good job can be done at your workplace and keep your employer happy is by managing your time. This has in it things like getting to work on time and completing the task in the time that’s has been given to you to finish in. Time management is also really important as you have to make sure that you don’t waste needed company time by going to your personal issues that are not to do with the job. but, if you get to work on time every day or maybe early, as well as completing the task on time; it is valued by the employer as this shows you motivation towards your job and the employer know that you are willing to do a great job. In order to make the best use of your time at your workplace, you need to manage your time effectively. You can do this is several ways; these are couple of good ways of managing your time:          Take control of your time – you can do this by using a diary which would help you to remember which task has to be done by what time.          Protect your time space – this is by handling interruptions, making sure that when you get to work, you’re in your work zone and not get interrupted by other activities taking place around you.          Electronic online diary is another way of managing your time as you can keep a record of meetings, appointments etc and the advantage of this is that the......

Words: 1184 - Pages: 5

Free Essay

Info

...Kevin Barrantes Estrada Diego Ugalde Hernandez Grupo: 96 Osiris Lazo Romero Cultura Y Globalización Tema: Aportes de la Globalización Martes 16 abril 2013 Introducción La globalización ha traído consigo un sin número de personas que la apoyan y otras que se oponen, cada uno defendiendo sus argumentos, los opositores rechazan esta era de la globalización porque argumentan que viene de las creencias occidentales y su imperialismo, oponiéndose de tal manera que deciden no hacer parte de esta. Hay que tener en cuenta que la globalización ha contribuido al progreso de muchos países, ha dejado mejoras y un continuo crecimiento, además de esto la globalización incluye muchos factores en donde no solo occidente ha dejado sus aportes. En algunas áreas de oriente se dieron ciertos aportes tecnológicos (imprenta, arco, brújula, etc.), y matemáticos (sistema decimal, algoritmos, entre otros), los aportes occidentales y los orientales se encuentran entrelazados, ya que se combinan en algunas utilidades y muchas personas se basan en estos sin importar si su origen es oriental u occidental.  La globalización es un beneficio para todos, y sería erróneo decir que una persona con mayor poder adquisitivo sería el único beneficiado y que a partir de esto se generaría más pobreza en los pobres, ya que de una u otra manera todos nos beneficiamos con la globalización. Aportes de la globalización Contenidos: * Aportes de la globalización * Ventajas de la...

Words: 1345 - Pages: 6

Premium Essay

Info

...TECHNIQUES OF CAPITAL BUDGETING 1.(a) NPV of the project at a discount rate of 14%. = - 1,000,000 + 100,000 + 200,000 ---------- ------------ (1.14) (1.14)2 + 300,000 + 600,000 + 300,000 ----------- ---------- ---------- (1.14)3 (1.14)4 (1.14)5 = - 44837 (b) NPV of the project at time varying discount rates = - 1,000,000 + 100,000 (1.12) + 200,000 (1.12) (1.13) + 300,000 (1.12) (1.13) (1.14) + 600,000 (1.12) (1.13) (1.14) (1.15) + 300,000 (1.12) (1.13) (1.14)(1.15)(1.16) = - 1,000,000 + 89286 + 158028 + 207931 + 361620 + 155871 = - 27264 1. IRR (r) can be calculated by solving the following equations for the value of r. 60000 x PVIFA (r,7) = ...

Words: 367 - Pages: 2

Free Essay

Info

...Part 1: Recognize & understand how time spent 30-min Diary Day 1: Saturday Time | Spent | Mood | Leisure | 9:30 AM | Woke up | Tired | - | 10:00 AM | Had a conversation with my boyfriend about dreams and what’s happening for the rest of the day. | Null | Yes | 10:30 AM | I got dressed, and discussed what to make for breakfast and had my coffee. | Null | No | 11:00 AM | Made two sausage English muffins. | Null | No | 11:30 AM | Brushed my teeth and got ready to go to work | A little stressed | No | 12:00 AM | Waited for the bus and took it to the metro station. | Stressed | No | 12:30 AM | Waited for the metro and took it to the metro stop for work while listening to relaxing music | A little less stressed | Mixed | 1:00 PM | Walked to work from the metro station and set up my station. Read my ‘todo’ list for the day. Started my work entry in my notebook. | Slightly relaxed | No | 1:30 PM | Working on a bug I found yesterday while listening to music. | Focused | yes | 2:00 PM | Walked to a sandwich place and ordered a sandwich. | Stressed | no | 2:30 PM | Got back to work and found a possible solution to my bug. | Happy | yes | 3:00 PM | Did some research to see if my bug will work and looked through other parts of my code. | Excited and focused | Yes | 3:30 PM | Research proved that it will work, so I started putting in the fix. | Excited | Yes | 4:00 PM | Finished working on the fix. | Focused and Excited | Yes | 4:30 PM | Tested if the...

Words: 1413 - Pages: 6

Free Essay

Info

...My last visit appointment at the dentist’s office was on May 23rd. First the dentist’s office has to work with my insurance company so that I can use their services as in the “network”. I called the insurance company and I was told some dentist’s offices that are in the network. I went to the closest one. As all the businesses do, they had a systematic set of steps that employees perform to serve a customer. I went through the following steps: I called to make an appointment, somebody answered the phone and looked through the schedules and told me when the doctor was available. I made an appointment. The receptionist called a day before the appointment to confirm my presence. I went at that dentist’s office for the first time so I had to write down all my information, which I suppose they introduced in the computer database. The first thing they asked was the insurance card I had and they made a copy of it. They asked me to provide my credit card number and explained that it is just in case you do not pay. I argued with them because I did not want to give this information. They understood my reasons and did not insist on that. I was told to wait until the doctor finishes with the other patient. In the meanwhile the receptionist prepared a file with my name on it. A nurse called my name. She introduced me to the doctor and then showed me the room where I had to wait for the doctor. The room had the special chair with different modern technologies and a set of......

Words: 790 - Pages: 4

Premium Essay

Info

...“ MOVIES MASALA “ “ Basanti ine kutto ke samne mat nachna” “ Tera naam kya hai Basanti” or “ Yeh Haath mujhe de de Thakur” And the list is endless. The above mentioned dialogue from the cult movie “ SHOLAY” one of the Bollywood’s finest and most memorable movie, still resonate in our minds , as if it was viewed just the other day. Such is the impact of “ BOLLYWOOD” on us that it stays with us for eternity. The “ Bollywood” immediately conjures up images of Sumptuous , brightly coloured productions, shot in exotic locals , featuring beautiful stars partaking in impressively choreographed song and dance numbers. Indian cinema dates all the way back 1913 with the first silent film “ Raja Harishchandra” until now we have non stop chattering all the way. In the earlier times films made were either Mythological or Historical in nature but with changing times action, romance, drama, comedy , musical numbers, oomph became an integral part. Such was the transition –Quick n Smooth. Lets get down on a colorful Journey of now and then of Indian Cinema. Earlier , it was few select Actress swaying to Seductive numbers like “ Do Ghoot Mujhe pila de” but now we have all our main stream Heroines who wouldn’t mind doing a Munni , Sheela, or Anarkali . Such is a Changing Masala Factor. Then it used to be Emotions and Drama right to the end , now it’s a fun , easy going , no strings attached, Live in Relationships , larger than life images being portrayed in probably......

Words: 397 - Pages: 2

Premium Essay

Info

...2) In 200 to 250 words, conduct a basic SWOT analysis of an organization or department to which you belong. How do you see these factors affecting the direction of HR? Respond to at least two of your classmates’ posts by Day 7. I don’t belong to any organization, other than being a stay at home mom. So I will explain some examples off of that. Some of the strengths would include, my kids are strong individuals who are not afraid to speak their mind. They know right from wrong as do all other kids, but they also know that no matter what happens I am available to take care of the situation. If I were seen as the HR manager I would be doing the same thing. I take care of problems and am an advocate for my kids (employees if you must). When they have a problem at school I am able to meet with the teachers or principle whenever is convenient for them. I don’t have to try and make time in my schedule from work to meet with them. My children will also have many opportunities like going to baseball practice even though it starts when most parents are getting out of work. This can be seen as an external factor since I am unable to control what time practice starts. I can’t think of any threats that they will have to deal with outside of my home (organization). “SWOT is an acronym that stands for strengths, weaknesses, opportunities, and threats. Strengths and weaknesses are internal to the organization, while opportunities and threats are external factors. The external focus of...

Words: 317 - Pages: 2

Premium Essay

It Info

...The Internet is a global system of interconnected computer networks that use the standard Internet Protocol Suite (TCP/IP) to serve billions of users worldwide. It is a network of networks that consists of millions of private, public, academic, business, and government networks, of local to global scope, that are linked by a broad array of electronic and optical networking technologies. The Internet carries a vast range of information resources and services, such as the inter-linked hypertext documents of the World Wide Web (WWW) and the infrastructure to support electronic mail. An intranet is a private computer network that uses Internet Protocol technologies to securely share any part of an organization's information or network operating system within that organization. The term is used in contrast to internet, a network between organizations, and instead refers to a network within an organization. Sometimes the term refers only to the organization's internal website, but may be a more extensive part of the organization's information technology infrastructure. It may host multiple private websites and constitute an important component and focal point of internal communication and collaboration. An extranet is a private network that uses Internet technology and the public telecommunication system to securely share part of a business's information or operations with suppliers, vendors, partners, customers, or other businesses. An extranet can be viewed as part of a......

Words: 396 - Pages: 2

Premium Essay

Info

...HOW TO USE YOUR TI BA II PLUS CALCULATOR This document is designed to provide you with (1) the basics of how your TI BA II Plus financial calculator operates, and (2) the typical keystrokes that will be required on the CFA examination. A similar guide as published by Texas Instruments is available for download from www.ti.com/calc/baiiplus. In this tutorial, the following keystroke and data entry conventions will be used. [•] Denotes keystroke {•} Denotes data input A. Setting Up Your TI-BA II Plus The following is a list of the basic preliminary set up features of your TI BA II Plus. You should understand these keystrokes before you begin work on statistical or TVM functions. Please note that your calculator’s sign convention requires that one of the TVM inputs ([PV], [FV], or [PMT]) be a negative number. Intuitively, this negative value represents the cash outflow that will occur in a TVM problem. 1. To set the number of decimal places that show on your calculator: [2nd]→[FORMAT]→{Desired # of decimal places}→[ENTER]→[CE/C] For the exam, I would make sure that the number of decimal places is set to 5. 2. To set the number of payments per year (P/Y): [2nd]→[P/Y]→{Desired # of payments per year}→[ENTER]→[CE/C] P/Y should be set to 1 for all computations on the Schweser Notes and on the exam. 3. To switch between annuity-due [BGN] and ordinary annuity modes: [2nd]→[BGN]→[2ND]→[SET]→[CE/C] 4. To clear the time value of money memory registers: [2nd]→[CLR TVM] This function......

Words: 2517 - Pages: 11

Premium Essay

Info

...1232 Kennington Avenue Apt A Jackson, MS 39213 (601)360-0255 jigaray73@yahoo.com My objective is to secure a position with a dynamic and progressive company where I can utilize self- motivation and computer skills and aid in future growth in a team environment. Summary of Qualifications: Over seventeen years of call center experience from entry level customer service to Operations Management. I have over six years of Operations Management, five years of Technical Support, four years of Direct Sales, and 3 years of Helpdesk experience. Extensive troubleshooting and issue resolution experience. Able to multi task and fully trained in one call resolution. I am flexible and can work any shift. I am also very dependable and hard working. Education: Ashford University – Bachelor of Arts Degree - Business Information Systems (Dec. 2013) Skills: Siebel ~ AS400/Rumba ~ AAM/AMDOCS ~ Provisioning Software ~ Help desk Support ~ Technical Support Tier I & II ~ VOIP ~ Strong Internet Experience ~ IEX Total View ~ Facilitating ~ CDMA/IDEN ~ Ensemble ~ Genesys ~ Crystal Reports ~ BISON ~ DEC/DEC Interface ~ NOC/NOC Interface ~ Call Wise ~ Call Routing Software ~ Witness ~ BOSS ~ Bedrock ATP/BAT ~ Internet Browsers ~ Order Pro ~ Mosaix ~ Spy View ~ Meridian Max ~ Radio Express ~ 10-Key ~ Type 65 wpm ~ Cisco Router Equipment ~ CSTK ~ CTMS ~ Net I ~ HPG ~ TCS ~ Windows NT-95/98/2000/XP/7 ~ Access 97 ~ Microsoft Office Suite ~ Lotus Notes ~ Radio Express/Paging......

Words: 1123 - Pages: 5

Premium Essay

Info

...Hurricane Sandy disrupts 7,000 flights By Rose Jacobs in London and agencies Hurricane Sandy is causing financial headaches for airlines and passengers alike, with thousands of flights to and from the Northeast Corridor cancelled and affordable hotel rooms filling up at airports around the world. Airlines started cancelling flights into and out of the US northeast region on Sunday evening as cities braced for floods and high winds from Sandy, which is expected to make landfall in the next 48 hours. According to FlightAware.com, more than 7,100 Sunday and Monday flights had been cancelled by 9pm on Sunday. Airlines waived fees for people who had to change travel plans because of the grounded flights and offered free rebooking for those whose flights were still scheduled to take off but wanted to avoid the hassle of possible last-minute cancellations. In New York City, the timing of flight cancellations by carriers such as US Airways was determined by the city’s decision to start shutting down its mass transit systems at 7pm, meaning passengers would have no way to get to and from the airport. “Even if we could get people to New York, the city’s basically shutting down,” said one European airline employee. Hotels from Boston to Washington were busy handling cancellations for guests who could not get to destinations in the northeast, extending stays for those who could not leave town, and booking rooms for transfer passengers stuck halfway home. In London, hotels were......

Words: 623 - Pages: 3

Free Essay

Info

...PUPPY SALES . Skip Module Navigation Links Personal Information | | Student | | Financial Aid | | | | | | This is not an official transcript. Courses which are in progress may also be included on this transcript. | Institution Credit    Transcript Totals    Courses in Progress Transcript Data | STUDENT INFORMATION | Birth Date: | 25-OCT | Curriculum Information | | | | | | | Current Program | | | | | | | Associate of Applied Science | | | | | | | Program: | Richmond Med Asstng AAS | | | | | | | Campus: | Richmond | | | | | | | Major: | Medical Assisting | | | | | | |   | | | | | | | | | | | | Secondary | | | | | | | Technical Certificate | | | | | | | Program: | Richmond Med Asstng TC | | | | | | | Campus: | Richmond | | | | | | | Major: | Medical Assisting | | | | | | | Major Concentration: | Phlebotomy | | | | | | |   | ***Transcript type:Unofficial is NOT Official *** |   | DEGREE AWARDED | Sought: | Associate of Applied Science | Degree Date: |   | Curriculum Information | | | | | | | Primary Degree | Program: | Richmond Undeclared AAS | Campus: | Richmond | Major: | Undeclared | Major Concentration: | School of Health Sciences |   | Sought: | Associate of Applied Science | Degree Date: |   | Curriculum Information | | | | | | | Primary Degree | Program: | Richmond Med Asstng AAS | ...

Words: 945 - Pages: 4

Premium Essay

Info

...RESUMÉ Of G.M.Saruar Jahan Riju Mailing Address: Flat- G, 1st Floor, Doctor’s Quarter, 16, Sobahanbag, Dhanmondi, Dhaka-1207. Cell: +8801921 902232, +8801674 699051. E-mail: rijud21@gmail.com To build up promising and brilliant position as professional in any kind of organization and where I can apply my education, experience, efficiency and knowledge effectively.  Certified participant in a workshop on ‘Career in Supply Chain Management’  Experienced as a efficient volunteer.  Honest, punctual and able to do hard work  Quick learner and feedback oriented  Ability to do work with responsibility  Challenge taking, confident and self motivated B B A (Marketing) : 4th Year, 1st Semester Roll: 105406 CGPA- 3.69(Out of 4 scale) Jagannath Universiy, Dhaka. H S C (Business Studies) : GPA-5.00; 2008, Shaheed Sayed Nazrul Islam College, Mymensingh. S S C (Science) : GPA- 4.50; 2006, Tanua High School, Netrokona. Speaking & writing proficiency in English Conversant with Microsoft Office-2007(MS-Word, MS-Excel, MS-PowerPoint) & Expert in Internet Mechanism. 1. Works as Research Personnel in Bangladesh National Women’s Lawyers Association. 2. Works as a......

Words: 280 - Pages: 2