StudentShare solutions
Triangle menu

Course project part 1 - Coursework Example

Nobody downloaded yet

Extract of sample
Course project part 1

Selling and administrative expense rose proportionately more than the sales growth (55 percent). This was compounded by the 185 percent increase in interest expense which significantly eroded these gains. Otherwise, all other cost elements were under control. The net income thus went up by only 28 per cent, and because of the issuance of new shares during the period, earnings per share increased by only 9 percent.
Net profit margin in the second year relative to sales dipped slightly compared to the year before despite the the growth in sales. While operating profit margin was better than the previous level by two percentage points, the near three-fold increase in interest expense was the main reason why net profit return on sales did not improve.
Total assets nearly doubled during the period due to the 113 percent increase in net plant and equipment. Accounts receivable, due to the drive to increase sales, more than doubled. There was an increase in cash and cash equivalents of 40 per cent. The increases in fixed assets and receivables were financed mainly from short-term and long-term debt which together caused total liabilities to rise by 134 percent (more than $600,000). The issuance of new shares and retained earnings accounted for the balance of almost $300,000 increase in total assets.
Profitability. The 44 per cent increase in sales did not effectively translate into an improved return on total assets because of the purchase of additional plant and equipment during the year. A corrected return on assets can be obtained by averaging the year 1 and year 2 assets in the computation. With an average asset of $1,447,000, the return on sales would be 8.29 percent instead of 6.33 percent but it is still lower than the previous years level. The growth in net profit margin markedly failed to keep pace with the growth in sales. The return on stockholders equity was slightly lower than the previous years.
Judged against the industrys ...Show more

Summary

The issue is whether Al Thomas should invest in in his brother-in-laws business, the Watson Leisure Time Sporting Goods to the extent of 20 percent of its ownership capital. Two-year financial statements have been given and must be analyzed before a decision can be made. This…
Author : zgerlach
Course project part 1 essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the coursework on your topic
"Course project part 1"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Course Work 1
It also provides the grounds, based on which the court has pronounced its judgement. However, on a whole, the summary does leave scope for better organisation, coherence and textual flow. This could be achieved by structuring the narration in a logical sequence by stating relevant factors in the proper order.
4 pages (1000 words) Coursework
Project 1
Kalavathy Gopalachandran aged 60. A Brahmin is a member of a particular division of the Hindu religion. The Hindu community has been divided
3 pages (750 words) Coursework
Project Part #2
In that session at first I will try to find out their views regarding the programme. It is obvious that few will be in favour of this programme while others might deny the benefit of this programme. My main focus will be to find out the reason behind their negative
3 pages (750 words) Coursework
Course Project Part 2
Secondly, internal rate of return for a project provides a percentage of the amount of return that the cash flows will generate. It is noted that the required rate of return is 15%
8 pages (2000 words) Coursework
7.5 part 1 review questions
The planning process should help to evaluate and identify what a business has achieved and the acquired resources. The planning process should also consist of an analysis of the organization’s economic,
2 pages (500 words) Coursework
Final Project Part 1
So the two sales department systems are named Sales1 and Sales2. You need to determinean IP addresses for each host on the LAN. To do this, complete the table below: Question 4. Each router will use one of its Ethernet interfaces to communicate
1 pages (250 words) Coursework
Unit 1 Project Overview
In organizations and businesses project management techniques are concerned with anything, especially changing things, in any department or function. Generally, project management techniques can be found in the following professional
2 pages (500 words) Coursework
Course Project
The flood as a natural calamity is a disaster that can only be managed if the correct measures are taken to control its effects. Many people loss their life, property, and sickness such as malaria
6 pages (1500 words) Coursework
Course project week 1
The restaurant has a custom made kitchen, unique dining area and intriguing grilling area. By offering an energy filled service oriented atmosphere the restaurant aims at
1 pages (250 words) Coursework
Course Project 2
This is because it is always hard to control outside the marriage state. 90- (EB, Expositor’s) Phil 2:12b By telling them “work out your salvation with fear and trembling” doesn’t mean that they are to work for their salvation but
3 pages (750 words) Coursework
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Click to create a comment