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TCC had sales for the year ended 12/31/15 of $50 million. The firm follows a policy of paying all net earnings out to its common stockholders in cash dividends. Thus, TCC generates no funds from its earnings that can be used to expand its operations. (Assume that depreciation expense is just equal to the cost of replacing worn-out assets.)

  • If TCC anticipates sales of $80 million during the coming year, develop a pro forma balance sheet for the firm for 12/31/16. Assume that current assets vary as a percent of sales, net fixed assets remain unchanged, and accounts payable vary as a percent of sales. Use notes payable as a balancing entry.
  • How much “new” financing will TCC need next year?

How do I determine how much “New” financing a company will need based on a balance sheet (pro forma) and sales for the following year?

 

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April 5, 2022by

write my assignment 11350

Assignment Content

  1.    The leadership team of the web development company introduced in Week 1 has heard a lot about Big Data lately and is interested in knowing how integrating Big Data into their company will help them become more effective in their operations.You have decided the best way to explain Big Data is to create a 4- to 6-page briefing document for leadership. The briefing should:
    • Describe what Big Data is and how it will be used by the company.
    • Explain why using big data elements would be important to business profitability, in general, and how the use of Big Data will help the web development company, specifically, see value and add to profits.
    • Compare and suggest tools and methodologies that can be used to extract data and build reports to address marketing needs in the web development company. Be sure to include data management concepts of warehousing, data mining, and data processing in your descriptions. Also, include how the tools and methodologies can be used to integrate Big Data into the company’s operations.

 

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April 5, 2022by

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Need help with below – The marker has advised me that “I did not state the actual purpose ie: to document the process and finding from the data gathering exercise. This information will be used to assist with the design of the proposed website”.

1.  Purpose

Over the last few months, Online Systems Solutions have teamed up with Bazaar Ceramics to develop a website. After several stages for data gathering with customers and employees, OSS has gathered the required information to start. The website will contain various amount of details such as Product information, Contact page where details on how to contact Bazaar Ceramics can be found etc.

There were three main stages of data gathering that was implemented, first the business problems are summarised in a one-page document. Then requirements were gathered that identifies all the information gathering tasks.Then finally, an online survey as well as a meeting agenda and 1 on 1 meeting with Tess Long who is one of the customer. The questions for the meeting and online survey was prepared from the above tasks.

 

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April 5, 2022by

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BUS 630 Managerial Accounting Week One

Discussion #1 Fixed and Variable Costs (200-250 words in this discussion)

(Chapter 1 Discussion Question 9(a)) Controller, Judy Koch, in a recent speech said, “I rarely see a real variable cost or a truly fixed cost.”  What did she mean? Include in your response an explanation of the difference in behavior of variable and fixed cost, including an example to illustrate your explanation. Your initial post should be 200 to 250 words.

Discussion #2 Ethics in Cost Control (200-250 words in this discussion)

(Exercise 1-9) Zoya Arbiser, regional manager of Gold Medal Sports Shops, is reviewing the results of 15 stores in her region. Store managers are moved annually. Each store manager’s income is very dependent on the direct contribution margin of that store. For the past year, Store 9 has been managed by a person who has operated several other profitable stores in recent years and is about to be promoted to a larger store. Zoya notices several items that bother her.

  • Store 9 has almost no personnel training expenses relative to other stores.
  • Store 9 has stopped participating in numerous community events that gave the store significant visibility but did incur substantial expenses.
  • Store 6, where this store manager worked the prior year, has had a severe drop in profits due to higher operating expenses.
  • The advertising budget was spent almost entirely in the first four months of the year, with almost nothing spent in the last several months.

Discuss a possible negative managerial scenario that the regional manager may be sensing. Might the manager of Store 9 be an exceptional manager? What are the ethical implications of the scenario? What is the regional manager’s ethical responsibility in this scenario? Explain and support your position with evidence from the text. Your initial post should be 200 to 250 words.

 

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April 5, 2022by