Our target companies are the United States’ Home Depot, Inc. and the Canadian Tire Corporation. The Home Depot is an American largest home improvement retailer that specializes in wide range of building materials, home improvement products, lawn, garden products, and as well offer some improvement related services. The company has over 2,200 stores that are spread throughout the United States, Mexico and has some operations in Canada. On the other hand, Canadian Tire Corporation is a family business based in Canada. The company’s revenue streams include royalty sales, retail sales for the products, merchant sales and sale ...
Essays on Straight Line
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Preface and Arithmetic and Geometry philosophy of mathematics
Mathematics gives access to the part of philosophy including introduction, arithmetic, and geometry. In other words, mathematics concerns the way people perceive this physical world and hence essential to the physical world. The arithmetic is a philosophical part of mathematics that deal with the property and manipulation of numbers. For instance, in arithmetic, the sequence has the constant difference between the two consecutive terms, while in the geometry the sequence has a ratio between the terms.
Practice of Mathematics
This includes different complexes of mathematical problems or core problems that a mathematician should understand to acquire a broad competence in mathematics. For ...
Abstract
Regression analysis estimates the value of a random variable (dependent variable) for a given value of an associated independent variable. The regression equation provides the formula for such a calculation. In the present case, which is about the analysis of the dependence of total monthly sales on the monthly customer traffic, the consultant first examines to see if there is a correlation between the two variables. To achieve this, the consultant uses the scatterplot, plotting the points on a graph. After analyzing the scatterplot, the consultant is convinced that there exists a strong positive linear correlation between the two ...
Susie: __3-year old girl named Susie___________________________________________________________________Child’s Birth date: _11/16/12_____________________________________________________________Background Information: __Susie lives with her grandmother, mother, sister, and brother. Her father is absent from the home due to incarceration. She is the youngest of three siblings ages 12 and 7. Her brother is the oldest, while her sister is the middle child. Her mother works full time as a receptionist, and her grandmother is retired. ____________________________________________________________________________________________________________________________________Domain of Development Observation: Preschool ClassroomDate: June 2016 Child 1: Susie(1) Physical: The development of gross and fine motor skills,self-help skills, and eye-hand coordination.1. Balance on the balance beam2. Colored inside ...
Suppose that there are two products: clothing and soda. Both Brazil and the United States produce each product. Brazil can produce 100,000 units of clothing per year and 50,000 cans of soda. The United States can produce 65,000 units of clothing per year and 250,000 cans of soda. Assume that costs remain constant. For this example, assume that the production possibility frontier (PPF) is a straight line for each country because no other data points are available or provided. Include a PPF graph for each country in your paper.
What would be the production possibility frontiers for Brazil and the United States?
Without trade, the United States produces ...
Introduction
The basic principle of soccer is rather simple: two teams, composed of eleven players each, compete on a rectangular court for control of a spherical ball, with the objective of kicking it into the opposite teams’ goal. The history of soccer goes back to the 2nd and 3rd centuries BC, as evidence of the sport being played in ancient China during those periods has been found. In modern times, soccer is undoubtedly one of the most popular sports in the world, if not the most prevalent, particularly in Europe and the Americas. According to Fifa, the 2014 World Cup ...
About the report
The report is based on our assistance given to Wheel Industries where we have analyzed the long term investment opportunities available with the company using the techniques of capital budgeting. To facilitate better understanding for our readers, we have included all the calculations within this report while every calculation is explained comprehensively.
Project Details
Wheel Industries is considering a three-year expansion project, Project A. The project requires an initial investment of $1.5 million. The project will use the straight-line depreciation method. The project has no salvage value. It is estimated that the project will generate additional revenues of $1.2 million per ...
Executive Summary
The Financial Accounting Standard Board (FASB) primary point is to build up new bookkeeping gauges and enhance past bookkeeping norms of monetary reporting and money related bookkeeping identified with nongovernmental elements, so they gives exact data to speculators and different clients of budgetary explanations. The paper portrays the FASB current venture identified with protection identified with focused enhancements to the representing long-span protection contracts. The fundamental point of this anticipate is create focused on upgrades to exposures necessities identified with long haul and brief length protection contracts.
Introduction
The Financial Accounting Standard Board (FASB) has been built up in 1973 ...
Production efficiency refers to the production of goods at the lowest possible cost. On the other hand, production inefficiency refers to the production of goods at a higher cost than the existing costs known. Economists view an economy as productive efficient if it can use its minimum or limited resources in the production of the maximum amount of outputs for the given economy. An economy that is production inefficient is one that does not use its given resources to produce the maximum number of units. Graphs as very essential for economists in illustrating such concepts. An example of the ...
Cash is different from profits, but it is blood of the business. It is necessary to maintain cash as one can run business without profits but not without cash. Profits do not indicate the cash. It is key for any business to have cash by selling the products and services. In relation to depreciation, straight line method is used for the buildings and even for the equipment. However, government frequently changes the formula of depreciation as one of the formulae is 2x. Another formula is known as one and one-half times the declining balance. The businesses can use either ...
The IS LM model or the Hicks –Hansen model is the macroeconomic tool that shows the relationship between the interest rates and the real output of goods and services and the money market. The intersection of the investment - saving curve or the IS curve and liquidity preference curve or the money supply curve is the general equilibrium in both the markets .This model explains the changes in the national income when the price level is fixed in the short run and also shows the reason for the shift in the aggregate demand curve. It was first developed by ...
Introduction
Bend (flexure) testing is often done in springs as well in brittle materials whose behaviors of failure are linear like concrete, wood, plastic, glass and ceramics. Bend testing is suitable for evaluating the strength of brittle materials where the results of tensile tests aren’t easy to interpret due to the breaking of specimens around the gripping (Schoffstall, Charles, and Robert 234). In bend testing experiment, smooth rectangular specimens without notches are recommended under three or four point bend arrangements. Figure I below illustrates three point and four point bend arrangements respectively. Figure 1. Bend testing of a smooth ...
1. In class (and in the text) we discussed the use of incentives, such as tax credits, to help develop the video game industry in Ontario, BC, and in Quebec. Discuss how these types of programs are structured to encourage investment in the industry and discuss why/why not you think these programs are a good idea. Can you relate the video game industry incentives to the film tax credits that used to exist in New Brunswick/Nova Scotia? What other industries rely on incentives? The video and TV generation industry in Canada keeps on growing. In 2015, its yearly volume ...
GUARDIAN ANGELS FASHIONS
Executive Summary Guardian Angels Fashions is a modern clothing retail outlet that deals with youths’ attire. This retail outlet will deal with the upcoming youth fashions, and thus this will make it fulfill the uniqueness criterion. The target customers for Guardian Angels Fashions are the youths who dominate in the society. Youths value the upcoming fashions in the clothing industry, and thus this retail outlet aims to utilize this opportunity by providing these basic commodities to them at pocket friendly prices. Over the next four years, Guardian Angels Fashions outlet aims to expand its operations up to the national ...
Question 1
The factor that would be interesting to an investor is the decline in revenue. The management of the company has reported a decline in revenue from the year 2012, resulting from a contraction in the overall PC market as well as competitive pricing pressures. These causes negatively impacted the performance of the company’s major segments. The factor would be interesting to the investor since the primary objective of investors is to maximise their returns. A decline in revenues indicates that the business is experiencing challenges that if not addressed, may have an adverse effect of the future profitability and growth ...
assignment
Answer 1)
i)Basis of Presentation and Principles of Consolidation: The financial statements of the company are consolidated and are prepared in accordance to US GAAP and as per rules of Security Exchange Commission. The consolidated Statements consists of the accounts of Panera Bread Company and its wholly owned subsidiaries both direct and indirect. ii)Fiscal Year:
The fiscal year of the company is reported to be last tuesday of every december.
iii)Use of Estimates: The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the ...
Individual Assignment Part 3
Introduction The financial planning in this assignment is based on the steakhouse business proposed in the market and feasibility study of the business plan. The business will be based in Ventura County Main Street location and will target young adults who are looking to dine-out while at the same time providing a relaxing atmosphere. Therefore, the business will be investing a lot on its infrastructure and information technology since it aims at establishing a long-term relationship with its customers through efficient service, quality food and customer relationship management.
Assumptions
In order to develop a financial plan for the business and project the financials, ...
Amongst the various sources of finance, like sale of financial instruments, or even borrowing loans from banks and other financial institutions, a very popular method is lease or lease financing, that is defined by the Leases Exposure Draft of the International Accounting Standards Board (IASB) & Financial Accounting Standards Board (FASB) as “a contract in which the right to control the use of a specified asset (the underlying asset) is conveyed to a customer, for a period of time (throughout the lease term), in exchange for some consideration (periodic rental payments), if the customer has the ability to direct the use, and receive benefit ...
Introduction: For a company to carry out business profitably, the selling price and the cost price are not the only factors. Taxes, Depreciation, Un-collectibles, Inventory & Supply Chain etc. are just a few parameters which can cause a profitable company to undergo losses and vice-versa. We consider here two cases where companies are helped by financial consultancy
Let us first consider the case of Mr. Paul Raines of Atlas Construction Co
Computation of depreciation Depreciation by the straight-line method and MACRS are shown below in separate columns. YEAR Depreciation by Depreciation by
Straight line method Accelerated Recovery(MACRS) ...
Disclosure Index
The financials in 2010 and 2011 have been prepared according to the relevant AASB standards. The expansive disclosure section is quite thorough, informing potential investors and current shareholders about existing trends within the company. The financials disclose all required information about the company’s operations, including the detailed requirements for financial instruments and other items that have to do with extended credit. During the year under report, there were quite a few changes in the AASB reporting requirements, as the financials note, but none of those changes had a significant effect on the reporting methodology at David Jones.
The 2010 and ...
Calculating straight-line depreciation
Straight-line depreciation method is a way of computing the amortization (depreciation) expenses of a fixed asset over a given time period. This function is obtained by taking salvage value from the purchase price and then dividing the result by projected number of years that the asset will be in service; that is, depreciation expense ($/year) = (initial asset cost less salvage value)/service years.
The service years are the number of years the asset is productive and of benefit to the company or organisation. Salvage value is the estimated value that an asset will realize upon its sale at the end of its ...
Abstract
The world in which we live is surrounded by a number of forces that may each act independently or jointly to keep nature in a state of equilibrium. A force is defined as either a push or a pull whose resultant effect may be either translational, or distortional (Andy, 2002). In this practical experimental undertaking, we investigate the distortional effect of force on objects. The main aim of this experiment is to prove the celebrated scientific law; Hooke’s Law. Aside from ascertaining the validity of the aforementioned principle, we proceed further to determine the spring constant of the spring used in ...
Abstract
Several accounting principle have been put in place to ensure that the financial statement presented to users are free and fair. The principle of consistency ensures financial statements are prepared using the same principle year after year. Materiality concept ensures that only valuable information is included in financial statement. Principle of disclosure ensures that all valuable information is included in preparation of financial statement. Then the principle of conservatism makes sure that losses are recorded when foreseen while profits must be earned before recording. The fixed asset register keeps eye on all fixed assets of a firm. The assets ...