Bài tập môn kế toán quản trị managerial accounting (57)

Test all subjects: Financial Accounting Student: Ngo Trung Quan Date of birth: Class : 02 – 11 - 1979 GaMBA X0110 Calculation criteria: TT Identify indicators TT A profit rate on sales Profit before taxes Revenue The profit rate on equity (ROE) Profit before taxes Owners' equity The current rate of payment (CA / CL) Total short-term assets Total liabilities quick payment rate Total TSNH - Inventories Total liabilities The ratio of total equity on total assets Total equity Total assets Score Revolving inventory Cost of sales The average cost of inventory The average cost of inventory Cost of inventory beginning inventory + Cost of end of period Year N Year N +1 0,228 0,154 0,120 0,120 3,440 4,240 2,740 3,410 0,820 0,480 1,81 2,3 19,5 21,5 2 The report describes profitability and financial condition of the Company Cathy's Kitchen TABLE balance In N and N +1 Assets A Assets I Cash and cash equivalents II Investments Short-term III Short-term accounts receivable IV Inventories V Other Assets B Long-term assets I Long-term receivables II Fixed assets III Real Estate Investment beans IV Investments in long-term financial V Other long-term assets COMMUNITY TOTAL ASSETS FUNDING A Liabilities I Liabilities Short-term loans and liabilities The seller must pay Buyers of prepaid Taxes and other amounts payable to the State II Long-term debt B Equity I Owners' equity Capital investment of the owner Surplus capital stock Other capital Profit after tax undistributed II Funds and other funds COMMUNITY FUNDING TOTAL a Profitability: Profit rate Profit before tax Revenue Rate of return of property Year N 93,000 38,000 Year N +1 36,000 19,000 123,000 40,000 59,000 24,000 60,000 87,000 153,000 210,000 Year N Year N +1 27,000 27,000 30,000 29,000 27,000 29,000 126,000 126,000 1,000 100,000 100,000 126,000 153,000 100,000 130,000 Year N Year N +1 0.23 0.15 Profit before tax Total assets 0.10 0.06 b Financial Status: ANALYSIS BY SOME DAY TIME Year: N and N +1 TARGETS Year N Year N +1 Sales of goods and services 100% 125% Cost of sales 100% 141% Gross profit from sales and services 100% 106% Other expenses 100% 127% Net profit from operations 100% 84% Profit after tax corporate income On balance, the data reflect not enough (total assets with total funding gap year 80,000 N + 1) In year N +1 and N: - Revenues increased 25% - Cost of goods sold increased 41% - Gross profit increased 6% - Other expenses increased 27% - Profit fell 16% Lesson 2: - The production method of inventory cost per unit on average we have: Total value of inventory is 6.5 million Cost of goods sold is $ 6.5 million - 1.4 million = 5.1 million Profit before tax = $ million - 5.1 million = 2.9 million CIT = 2.9 million * 30% = 0.87 million Profit after tax = 2.9 million - 0.87 million = $ 2.03 Profit rate on sales = 2.03 / = 25.375% - The first production method Ago (FIFO) we have: Total value of inventory is 6.5 million Cost of goods sold is $ 6.5 million - $ million = 5.5 million Profit before tax = $ million - 5.5 million = 2.5 million CIT = $ 2.5 million * 30% = 0.75 million Profit after tax = $ 2.5 million - 0.75 million = 1.75 million Profit rate on sales = 1.75 / = 21.875% I will select the method the average unit price The influence that the method of inventory caused the company's stock price in perfect capital markets: According to common practice in enterprises by selected FIFO method: - This method helps us to immediately calculate the value of goods each shipment of inventory to ensure timely supply data - The value of capital stock is relatively close to market price, so the target inventory accounting reports more meaningful reality Suppose there exists a perfect market, the inventory method will have certain influence to the company's stock price as follows: - When prices rise (in times of inflation), FIFO method often leads to higher profits in the third FIFO method, LIFO and average But when prices fell for the FIFO method is the lowest profit in three methods of calculation During the period of price increases, FIFO method would result in higher taxes than any method during the period of price declines, the FIFO to help businesses reduce the tax burden The major advantage of this method is FIFO is not subject to the provisions and requirements of the terms binding methods such as LIFO tax take Accordingly, during the period of price increases (inflation) by the value of capital stock is relatively close to the market price of the stock price should not be affected by inflation, so when prices will rise to increase company profits and thus stock prices will rise And vice versa Advantages and disadvantages of policies to encourage sales of the company as a% bonus profit after tax: - Advantages: Where the company effective (after-tax profits high), they stimulate the morale of officers and employees as bonuses proportional to the after-tax profits of the Company The staff and workers are important resources to create efficiency in production and business operations of the company - Difficulties: In case of negative profit after tax (officials and employees not reward), this would have adverse effects to the spirit of their work later, leading to reduced productivity and little to no impact on business operations of the company ... data - The value of capital stock is relatively close to market price, so the target inventory accounting reports more meaningful reality Suppose there exists a perfect market, the inventory