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Mary Ann has always loved to cook and is interested in starting a catering business. Being aware of the failure rate of new businesses, she is considering buying an existing catering business that is up for sale. The current owners claim that the business is highly profitable, but Mary Ann has her doubts. She wonders why the owners would be so interested in selling the business if it is such a money maker. Furthermore, the price that they are asking seems high to Mary Ann. Without any formal training in accounting, Mary Ann asks a friend, Rolanda, for advice.
1. The auditor has expressed concerns about the company's ability to pay its bills as they are due. What type of financial ratio might provide insight into this concern?
2. Rolanda suggests that Mary Ann hire an accountant to audit the financial statements. Mary Ann is not sure what an audit involves. Explain auditing.
How much will you still owe at the end of 18 months. How much interest have you paid the bank over that time period. As for all assignments, answer the questions on the spreadsheet and attach the Excel spreadsheet file as your submission.
A consultant has estimated the net present value of Theme Park's 2 alternatives under each state of nature of the planning board's decision as shown below.
Twelve samples, each containing 5 parts, were taken from a process that produces steel rods. The length of each rod in the samples was decided. Draw the charts and plot the values of the sample means and ranges.
Illustrate what are some sources of risk in a systems analysis also design project, also elucidate how does a project manager cope with risk during stages of project management.
Describe a possible mission for operations also some strategies that fit the ambulance service. Illustrate what is the probability that the project will be completed before the late-payment deadline.
A contractor departed from the specifications at a number of points in a contract to build a house. The cost to put the house in the condition called for by the contractor was approximately $14,000.
Explain why do you think Starbucks has now elected to expand internationally primarily through local joint ventures, to whom it licenses its format, as opposed to a pure licensing strategy.
Formulate an LP model for this problem in a spreadsheet and solve with Solver. How much money should be invested in each Bond?
Determine the number of cycles per day and a production quantity per cycle for this set of products that achieves fairly level production:
Discuss circumstances when outsourcing should be considered, and whether outsourcing will add to the competitive advantage of a firm
She tells you she believes air quality in the building is bad and would like something to be done. How would you respond? Use the six steps in Exhibit 6.3 that are associated with effective decision making to help frame your answer.
the industry expects to achieve an efficiency level for the cranks of 85percent. Illustrate what is the expected weekly o/p of cranks for this company.
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