Friday 31 August 2012

Mojo Plastics Company deposits all receipts and makes all payments by check. The following information is available from the cash records:

Bank reconciliation.
Mojo Plastics Company deposits all receipts and makes all payments by check. The following information is available from the cash records:

MARCH 31 BANK RECONCILIATION

 

 

Balance per bank

$26,746

Add: Deposits in transit

2,100

 

Deduct: Outstanding checks

  (3,800)

 

Balance per books

$25,046

 

 

Month of April Results

 

 

 

 

 

 

Per Bank

Per Books

 

Balance April 30

 

$27,995

$27,355

April deposits

 

11,784

13,889

April checks

 

11,100

10,080

 

April note collected (not included in April deposits)

 

3,000

-0-

April bank service charge

 

35

-0-

April NSF check of a customer returned by the bank

 

 

 

 

 

(recorded by bank as a charge)

900

-0-


Instructions

(a)

Calculate the amount of the April 30:

 

 

1.

Deposits in transit

Solution

Deposits in transit =?

Deposits in transit = $13,889 –[$11,784-$2,100]

Deposits in transit = $4,205

 

 

 

2.

Outstanding checks

Solution

Outstanding checks =?

Outstanding checks = $10,080-[$11,100-$3,800]

Outstanding checks = $2,780

 

(b)

What is the April 30 adjusted cash balance? Show all work.

Solution

Balance per bank at April 30

$27,995

Add: Deposits in transit

4,205

 

Deduct: Outstanding checks

  (2,780)

 

Adjusted cash balance at April 30

$29,420



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Saturday 25 August 2012

Case 16: "Sara Lee Corporation in 2011: Has its retrenchment Strategy been Successful?," by Arthur Thompson and John E. Gamble, C243–C256

Module 4 Case Study Assignment

 

The case study assignment for Module 4 draws on the following case study in your  textbook:

Case 16: "Sara Lee Corporation in 2011:  Has its retrenchment Strategy been Successful?," by Arthur Thompson and John E. Gamble, C243–C256

 

 

Read the case and then respond to the case questions given below. (See "A Guide to Case Analysis" for further guidance on written case analysis.)

 

In addition to using the Sara Lee case study provided in the textbook, research the company further to find any relevant events that have transpired since the writing of the case study. Use the company's Web site, Internet search engines such as Google, online data services, or other sources to locate the latest articles about the company including press releases and current financial information. Be sure to cite all sources according to APA guidelines (see also Documentation Rules and Citation Styles).

 

Note: For assistance with analyzing the financial data in this case, Table 4-1 on pages 94-96 of your textbook is a useful reference.

 

Please limit your analysis to four pages, double-spaced.

 

 

Case Questions

 

1. What strategy has Sara Lee used to grow its business?

2. Why is Sara Lee retrenching?  How is it determining what units to retrench?

3. Examine the financial results in Exhibits 1, 2, 4, 5, and 6, and determine how the company   has been doing by calculating profitability, liquidity, leverage and activity ratios.  Based on these ratios what is your assessment of the company’s performance?  Justify your answer.

4. Which ones of the five generic strategies has Sara Lee used for Hanesbrands, North American Foodservice, International Beverage, International Bakery and International Household and Body Care?

 

LO 4.1, 4.3, 4.4, 4.5, 4.6



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Case 12: "Google's Strategy in 2010," by John E. Gamble, C174–C193.

Module 3 Case Study Assignment


The case study assignment for Module 3 draws on the following case study in your  textbook:

Case 12: "Google's Strategy in 2010," by John E. Gamble, C174–C193.

 

Read the case and then respond to the case questions given below. (See "A Guide to Case Analysis" for further guidance on written case analysis.)

 

In addition to using the Google case study provided in the textbook, research the company further to find any relevant events that have transpired since the writing of the case study. Use the company's Web site, Internet search engines such as Google, online data services, or other sources to locate the latest articles about the company including press releases and current financial information. Be sure to cite all sources according to APA guidelines (see also Documentation Rules and Citation Styles).

 

Note: For assistance with analyzing the financial data in this case, Table 4-1 on pages 94-96 of your textbook is a useful reference.

 

Please limit your analysis to four pages, double-spaced.

 

 

Case Questions

 

1.       Explain Google’s business model. 

2.       Examine the financial reports in the case to determine the company’s profitability, liquidity, leverage and activity ratios (key financial information is given in Exhibits 4 and 5).  Based on these ratios what is your assessment of the company’s performance?  Justify your answer.

3.      Perform a SWOT analysis of Google. 

4.      Describe Google’s value chain.  What is the source of the company’s competitive advantage?

 

LO3.1, 3.2, 3.3, 3.4, 3.

Crafting & Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases, 18/e


 

ISBN: 0078112729



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Case 5: Competition in Energy Drinks, Sports Drinks, and Vitamin-Enhanced Beverages by John E. Gamble, C-75-C87

Module 2 Case Study Assignment


The case study assignment for Module 2 draws on the following case study in your  textbook:

Case 5: Competition in Energy Drinks, Sports Drinks, and Vitamin-Enhanced Beverages

by John E. Gamble, C-75-C87

 

 

Read the case and then respond to the case questions given below. (See "A Guide to Case Analysis" for further guidance on written case analysis.)

 

In addition to using the case study provided in the textbook, research the company further to find any relevant events that have transpired since the writing of the case study. Use the company's Web site, Internet search engines such as Google, online data services, or other sources to locate the latest articles about the company including press releases and current financial information. Be sure to cite all sources according to APA guidelines (see also Documentation Rules and Citation Styles).

 

Note: For assistance with analyzing the financial data in this case, Table 4-1 on pages 94-96 of your textbook is a useful reference.

 

Please limit your analysis to four pages, double-spaced.

 

 

Case Questions

 

  1. What are the key success factors (KSF) in this industry?
  2. Apply the Five Forces Model of Competition tool to analyze the Energy Drinks, Sports Drinks, and Vitamin-Enhanced Beverages.
  3. Apply the Strategic Group Mapping tool to determine the place of the leading beverage producers in relation to each other.


LO 2.1, 2.2, 2.3



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Case 2: Whole Foods Market in 2010: Vision, Core Values, and Strategy by Arthur A. Thompson, C6-C42.

Module 1 Case Study Assignment

 

The case study assignment for Module 1 draws on the following case study in your  textbook:

 

Case 2: Whole Foods Market in 2010: Vision, Core Values, and Strategy

by Arthur A. Thompson, C6-C42.

 

Read the case and then respond to the case questions given below.

(See "A Guide to Case Analysis" for further guidance on written case analysis.)

 

In addition to using the Whole Foods case study provided in the textbook, research the company further to find any relevant events that have transpired since the writing of the case study. Use the company's Web site, Internet search engines such as Google, online data services, or other sources to locate the latest articles about the company including press releases and current financial information. Be sure to cite all sources according to  APA guidelines (see also  Documentation Rules and Citation Styles  ). 
 

Note: For assistance with analyzing the financial data in this case, Table 4-1 on pages 94-96 of your textbook is a useful reference.

 

Please limit your analysis to four pages, double-spaced.


Case Questions:

 

1. Does the company’s strategy reflect the company’s mission? Explain.

2. What is Whole Food’s business model?

3. Analyzing the financial results in Exhibits 9-11, give an assessment of how well the company is executing its strategy?  How has the company’s stock price performed over the past four quarters.

4. What is your evaluation of the performance and role of Mr. John Mackey, CEO and founder of the company?  

 

LO 1.1, 1.2, 1.3, 1.4, 1.5, 1.6



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Friday 24 August 2012

Ads

Briefly explain how a material adjustment to inventory due to application of the lower-of-cost-or-market rule should be reported in the financial statements.

Briefly explain how a material adjustment to inventory due to application of the lower-of-cost-or-market rule should be reported in the financial statements.



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Shown below is the activity for one of the products of Random Creations:January 1 balance, 80 units @ $50 $4,000

Shown below is the activity for one of the products of Random Creations:
January 1 balance, 80 units @ $50   $4,000

Purchase:

January 18: 40 units @ $51

January 28: 40 units @ $52

Sales:

January 12: 30 units

January 22: 30 units

January 31: 45 units

 



Reference: 8-15

 

Required: Compute the ending inventory and cost of goods sold assuming Random Creations uses LIFO and perpetual inventory system.

 



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Montana Minerals sold coal to Beta Electric, receiving a 6-month, noninterest-bearing

 Montana Minerals sold coal to Beta Electric, receiving a 6-month, noninterest-bearing note for $200,000. The implied discount rate on the note is 8% per annum. Montana uses a periodic inventory system.

Required:
(1) Prepare the journal entry to record the sale. (2) Compute the effective rate of interest.

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