Carnival cruise lines , Financial Accounting

Assignment Help:

Carnival Cruise Lines

This question has two parts. Answer both parts. Structure your response using headings and subheadings where appropriate. The use of tables and point form should also be used where you feel it is appropriate.

Part 1

The case makes reference to several aspects of Carnival Cruise Lines' operations that have financial implications. They include:
• Cost control
• Use of debt
• Growth and positioning for future growth
• Cash management and the primary sources and uses of cash

From your analysis of the case and its related financial information, provide multiple sources of evidence that describes Carnival's practice for each. Provide appropriate support for your conclusions using whatever financial analysis tools you feel are most relevant.

Part 2

Assuming that customer retention and cost control are Carnival's two primary strategic initiatives, develop a balanced scorecard with multiple for each objective. Beneath each perspective, provide a description of the linkages between the objectives.

Part 3

Using the information from the consolidated statement of operations, classify the behaviour of each cost shown on the statement using your best judgment. Then calculate the breakeven point and any other cost-volume-profit analysis that you feel is relevant. What are the conclusions and recommendations from your analysis?

The percentage in brackets indicates how much each portion of the question is worth.


Related Discussions:- Carnival cruise lines

Measure of return in percentage terms, Both IRR and ROCE tenders a relative...

Both IRR and ROCE tenders a relative measure of return in percentage terms a feature that is seen as attractive to managers who may perhaps have difficulty in interpreting the abso

Sales, what is recorded sales on account of 3,280

what is recorded sales on account of 3,280

Interest is deductible on schedule a, Heather & Terry have a mortgage on th...

Heather & Terry have a mortgage on their primary residence of $750,000 and a mortgage on their vacation home of $410,000. In 2013, they incurred $46,400 of mortgage interest expens

The maximum possible loss method-partnership, The maximum possible loss met...

The maximum possible loss method Under this method, a table is set up to compute the amounts payable to each partner. The results of the computation may be then posted into the

Implement a spreadsheet to calculate payments, Tony is a salesperson at a l...

Tony is a salesperson at a local auto showroom. He asks you to assist him in developing a tool for calculating purchase and lease payments. He has already developed a draft of the

Calculate the marginal tax-rate and average tax rate, Thomas Crown expects ...

Thomas Crown expects to earn the following stream of annual income for the next four years:- $41,000; $45,000; $38,000 and $50,000. Although he has adopted the ‘Pay Yourself Firs

Financial accounting theory, This assessment item may be completed either i...

This assessment item may be completed either individually or in groups of two (2) students.  The group mark on both assessment items will be given to both students.  Please ensure

Calculate the present value, Compute the present value of Rs. 1000 receivab...

Compute the present value of Rs. 1000 receivable 6 years thus if the discount rate is 10 percent. Solution: The present value is computed as follows: PV kn = FV n . PVIF k,n

Concept of financial statements , Concept  of Financial statements  Fin...

Concept  of Financial statements  Financial statements portray the financial effect of transactions and events by grouping them into classes broadly called elements. A complete

Prepare income statement for 2011, The Wanless Corporation provides Interne...

The Wanless Corporation provides Internet consulting services to a wide-range of customers. The company's fiscal year ends on December 31. For the year ended December 31, 2011, the

Write Your Message!

Captcha
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