What factors do you consider would make comparisons

Assignment Help Financial Accounting
Reference no: EM13907589

The following data relates to the student numbers (Table 1) and financial data (Table 2) of four universities.

factors

 

H

L

s

T

1.00

Full-time

2,437

4,517

3,908

3,961

0.90

Sandwich

2,216

1,306

3,975

3,731

0.40

Part-time

(day  and evening)

 

951

 

1,385

 

1,412

 

1,050

0.20

Evening  only

16

403

141

147

 

 

5,620

7,611

9,436

8,889

Table 1 Full-time equivalent (FTE) student numbers Conversion

H = Halifax University; L = Leek University; S = Southsea University; T = Thorne University.

Table  2    Summary:  Actual  expenditure  1987-1988  (£'000)

Expenditure heading

H

L

s

T

Academic  staff

10,062

12,550

15,149

14,710

Professional  and other

 

 

 

 

academic  support staff

3,233

3,557

5,822

4,833

Premises

3,139

2,756

4,079

4,124

Supplies  and services

1,749

1,279

2,381

2,703

Transport

278

312

565

647

Establishment expenses

1,027

1,166

1,104

1,120

Agency services

38

 

182

(33)

Miscellaneous expenses

325

334

719

483

 

19,851

21,954

30,001

28,587

Miscellaneous income Catering  services (net deficit)

46

228

315

200

Residences (net deficit) Debt charges  and other

245

132

631

183

provisions Redundancy  and other

2,949

1,893

3,349

2,656

premature retirement

 

 

 

 

compensation

222

729

642

508

Total expenditure

22,986

24,604

34,608

31,684

(a) Using the data provided above, which university do you consider to be the most efficient?

(b) Which areas of expenditure do you consider worthy of investigation for each one?

(c) What factors do you consider would make comparisons between such institutions difficult or meaningless?

Reference no: EM13907589

Questions Cloud

What information can the pro-forma earnings number : What information can the pro-forma earnings number provide that the GAAP earnings number does not,  Give examples from Facebook of the possible differences that might exist between the two earnings numbers.
The space in this building is occupied : Car Mart pays $ 130,000 rent each year for its two story building. The space in this building is occupied by five departments as specified here.
Difference between interactive processing and real-time : difference between interactive processing and real-time processing?
Describe the different types of corruption schemes : Describe the different types of corruption schemes and Explain how anti-fraud controls differ between large organizations and small organizations.
What factors do you consider would make comparisons : Which areas of expenditure do you consider worthy of investigation for each one? What factors do you consider would make comparisons between such institutions difficult or meaningless?
Hamada equation-establish its optimal capital structure : Cyclone Software Co. is trying to establish its optimal capital structure. Its current capital structure consists of 30% debt and 70% equity; however, the CEO believes the firm should use more debt. The risk-free rate, rRF, is 6%; the market risk pre..
Develop web site for either an after school-university club : Develop a web site for either an after school/university club or a small business. Web sites should all have a home page (index.htm or default.htm) with 6 associated pages
How would you define free cash flow : How would you define free cash flow (FCF)?
Estimate a firms economic value added : Which of the following definitions could be used to estimate a firm's economic value added (EVA)?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd