Question 1
Ok thats fine,I will fix my previous assignment by myself. Here attached my new assignment requirement in a new thread.Please let me you know if got it or not. Thank you! Regards, Student Accounting questions: Question1: Q .1.1 Based on the data provided: a) Comment on the relative financial performance of the three divisions, and Answer: b) Discuss how the ranking of the divisions might change if Residual Income were used as a performance measure. Answer: Question 2: Q 1.2 As East Division has not met the required ROI, should this Division be closed? List arguments for and against closure of the East Division, using supporting financial data where appropriate. Answer: Question 3: Q 1.3 Identify improvements to the Summary Data report: Answer: Summary data from the budgeted Management Accounts to 30 June 2011 Question 4 : Q 1.4 Would you recommend any other more relevant Performance Measures than those currently being used? Explain your answer. Answer: Accounting: Business Planning -Assignment Part 2 ?Case Study ? Customer Profitability? Then complete Assignment Part 2 . Question 2.1 (a) Calculate the profit for each customer based on the ABC data in the case study and (b) discuss what steps the company should consider to improve the profitability of individual customers. (a) Customer Profitability Answer: Customer North South East Total Annual Sales $175,000 $178,000 $173,000 $526,000 Costs Order amendments Pre-sales support Post-sales support Delayed payments Orders Invoices Cartons in stock Requisitions Standard deliveries Special deliveries Profit / (Loss) (b)Profitability Improvement Answer: Question 2.2 Assume that the company has a complete analysis of all customer-related revenues and Activity Based costs. Which Performance Indicators would best communicate the strategy to improve overall company profitability? Answer:
Question 2
""We are to discuss the ?Images? Change Analysis papers, and am required to do the following: Write a two to three page analysis (double spaced) on the application of the change management concept as it applies to their organization or a case study of their choice found in the text. The following format should be followed for both papers: Introduction Briefly explain the strategic change initiative Briefly explain the importance of the Images or Vision concepts and its application to a strategic change initiative Application Analysis Gather information within your organization or through the case study that supports the strategic change initiative. Address each concept and apply it to the strategic change initiative based on the information you gathered or found in the case. Lessons Learned Briefly explain what you have learned by applying the concept to the strategic change initiative. Based on what you learned, explain in some detail how a practicing manager could use this knowledge to better manage change. Identify any mistakes that were made in using the change concept and how you would fix the situation. The First Change Analysis Paper: Change Analysis Paper: ?Images.? The ?Images? paper focuses on the six different images of managing change. These images of change represent the various ways managers view the most effective strategy to bring about change. Each one represents a mindset that is unique to a manager as they try to summarize the key components of change. This paper should focus on evidence that demonstrates how the management of the organization integrated one or more of the Six Images of managing change and what management could have done differently to increase the probability of successfully implementing the strategic change initiative. "
Question 3
Inventories. The costs of feature films and television programs, including production advances to independent producers, interest on production loans, and distribution advances to film licensors, are amortized on bases designed to write off costs in proportion to the expected flow of income. The cost of general release feature productions is divided between theatrical ion and television ion, based on the proportion of net revenues expected to be derived from each source. The portion of the cost of feature productions allocated to theatrical ion is amortized generally by the application of tables which write off approximately 62% in 26 weeks, 85% in 52 weeks, and 100% in 104 weeks after release. Costs of two theatrical productions first released on a reserved-seat basis are amortized in the proportion that rentals earned bear to the estimated final theatrical and television rentals. Because of the depressed market for the licensing of feature films to television and poor acceptance by the public of a number of theatrical films released late in the year, the company made a special provision for additional amortization of recent releases and those not yet licensed for television to reduce such films to their currently estimated net realizable values. Questions: a. Identify the main determinants for valuation of feature films, television programs, and general release feature productions by Columbia Pictures. b. Are the bases of valuation reasonable? Explain. c. Indicate additional information on inventory valuation that an unsecured lender to Columbia Pictures would wish to obtain and any analyses the lender would wish to conduct.
Question 4
Early in the year Bill Barnes and several friends organized a corporation called Barnes Communications, Inc. The corporation was authorized to issue 50,000 shares of $100 par value, 10 percent cumulative preferred stock and 400,000 shares of $2 par value common stock. The following transactions (among others) occurred during the year: Jan. 6 Issued for cash 20,000 shares of common stock at $14 per share. The shares were issued to Barnes and 10 other investors. Jan. 7 Issued an additional 500 shares of common stock to Barnes in exchange for his services in organizing the corporation. The stockholders agreed that these services were worth $7,000. Jan. 12 Issued 2,500 shares of preferred stock for cash of $250,000. June 4 Acquired land as a building site in exchange for 15,000 shares of common stock. In view of the appraised value of the land and the progress of the company, the directors agreed that the common stock was to be valued for purposes of this transaction at $15 per share. Nov. 15 The first annual dividend of $10 per share was declared on the preferred stock to be paid December 20. (Hint: Record the dividend by debiting Dividends and crediting Dividends Payable.) Dec. 20 Paid the cash dividend declared on November 15. Dec. 31 After the revenue and expenses were closed into the Income Summary account, that account indicated a net income of $147,200. Instructions a. Prepare journal entries in general journal form to record the above transactions. Include entries at December 31 to close the Income Summary account and the Dividends account. b. Prepare the stockholders' equity section of the Barnes Communications, Inc., balance sheet at December 31.
Question 5
J& B Drilling Company has recently acquired a lease to drill for natural gas in a remote region of southwest Louisiana and southeast Texas. The area has long been known for oil and gas production, and the company is optimistic about the prospects of the lease. The lease contract has a three year life and allows J& B to begin exploration at any time up until the end of the three year term. J& B s engineers have estimated the volume of natural gas they hope to extract from the leasehold and have placed a value of $25 million on it, on the condition that explorations begin immediately. The cost of developing the property is estimated to be $ 23 million (regardless of when the property is developed over the next three years). Based on historical volatilities in the returns of similar investments and other relevant information, J& B s analysts have estimated that the value of the investment opportunity will evolve over the next three years as shown in the figure on page 477. The risk free rate of interest is currently 5%, and the risk neutral probability of an uptick in the value of the investment is estimated to be 46.26%. a. Evaluate the value of the leasehold as an American call option. What is the lease worth today? b. As one of J& B s analysts, what is your recommendation as to when the company should begin drilling?
