Revenue Procedures

American Apparel SWOT Analysis Marketing 304 Section 12382 Group# 5 Nancy Alonzo Yavon Irving Salvador Bustos Cory Lashinsky American Apparel is a vertically integrated clothing manufacturer, wholesaler, and retailer. AAI is best known for making basic, solid color T-shirts and undergarments. They have expanded into dresses, denim, bedding, pants, and accessories for men, women, children, babies, and dogs. Their long-term goal it to become the #1 destination for basic apparel –

Lucent announced that revenues would be adjusted downwards by $679 million as a result of revenue recognition problems. Yet the firm’s market capitalization plummeted by $24.7 billion. Why do you think the market reacted so negatively to Lucent’s announcements of the problem/ 2. What financial statement adjustments will Lucent have to make to correct the revenue recognition problems announced in late 2000? 3. How would you judge whether a firm is likely to face revenue recognition problems

hypothetically look at Iowa gaining two percent in sales. Iowas total sacks are 2,521,600. Two percent of that is 50,432 sacks. Green Acres average revenue per sack is $43,229,000 total sales divided by 214,539 sacks equeal $201.50. Green Acres profit per dollar sack sold is $1,941 profit/$43,229 revenues equals 4.5 percent. Projected revenue from 2 percent Iowa share is 50,432 sacks multiplied by $201.50, equals $10,162,048. Projected profit from 2 percent Iowa share is $10,162,048 multiplied

situation, the company turns losses, and under the optimistic projections, Chef’s Toolkit only has a net income of 13% of its revenues. Selecting Preferred alternative According to the above information and the projected pro-forma statements, Dale Reid should not invest his money in the company. The company’s lack of current assets, high expenses and low per-unit revenue create an unfortunate and unprofitable investment in pessimistic and expected situations. Only in the optimistic production and

1. Years Ended December 31, 2004 2003 2002 Revenue (pre-tax) $99.6 $73.4 $56.1 Cost of sales (Revenue x 40%) ($39.8) ($29.4) ($22.4) Selling expense ($23.3) ($18.5) ($17.5) General and Administrative expense ($19.9) ($13.2) ($14.2) Depreciation and Amortization ($0.9) ($0.6) ($0.7) Other Income (expense) $0.0 ($1.4) $0.2 Net profit (loss)--GAAP $15.7 $10.3 $1.5 Add back amount eligible for capitalization Under SAB 104 (40% of total costs X 85%) $33

Statements The total revenue for PepsiCo, Inc in 2005 and 2004 were $32,562 and $29,261. PepsiCo, Inc had a considerable amount of net revenue in 2005 compared to 2004. The base year of analysis is 2004. The net revenue for PepsiCo, Inc. was 111.11% in 2005. The total revenue for The Coca Cola Company in 2005 and 2004 were $23,104 and $21,742. Both 2005 and 2004’s revenues were less than PepsiCo, Inc. The net revenue of the company in 2005 was 106.26% over 2004. The net revenue for 2005 was 6.26%

the United States. The company’s cable systems passed roughly 48.5 million homes and served approximately 24.1 million video subscribers, 13.2 million high-speed internet subscribers, and 4.6 million landline telephony subscribers. Consolidated revenue for 2007 was expected to be $30.9 billion with net income of $2.6 billion. Overview of Cable Industry Dynamics The cable industry had been rapidly transforming over the last decade as a result of advances in technology, changes in regulation

HUMBER COLLEGE THE BUSINESS SCHOOL ACT 103- FINANCIAL ACCOUNTING I ACCOUNTING CYCLE ASSIGNMENT – INDIVIDUAL GRADE VALUE DUE DATE: OCTOBER 2013 EACH STUDENT IS REQUIRED TO SUBMIT THE HARD COPY (TYPED) OF THE ASSIGNMENT AT THE BEGINNING OF THE CLASS. DAUE DATE IS NOT NEGOTIABLE. PRACTICE SET – (YOUR NAME) ACCOUNTING SERVICES Service Business Accounting Cycle Assume that you are starting a new business, (YOUR NAME) Accounting Services, with a new partner, Harry Fowl. Harry has had some

With larger orders, prices are more spread out and thus lower fixed costs are incurred, giving LLR an increase in profits. Based on LRR’s statement of earnings alone, if revenue were to be doubled from 5.35% to 11.70% at $55,238 then the cost of goods sold would be doubled to $25,270. Company's gross profit for catering services would then be $29,968, and overall gross profit of $295,454. Add in the additional expenses of

Assignment #3: Powell Logistics Case Study A.   Defining the issue The immediate issue is to make a decision on the future of the family company. B. Analyzing the Case Data * The truck transportation industry is a vital part of the Canadian economy with $43 billion in sales annually and employing 400,000 people * The for-hire sector accounts for 40% of the transportation industry in Canada * The for-hire sector has 2 service offerings: TL – Truck load, only full load between 2