Northwest Fitness: An Expansion Opportunity

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Northwest Fitness: An Expansion Opportunity 1. Analyze the trends in the fitness industry. How do these trends affect Northwest and Bryan’s future decisions? 2. Complete a Porter’s five for

Northwest Fitness: An Expansion Opportunity

1.     Analyze the trends in the fitness industry.  How do these trends affect Northwest and Bryan’s future decisions?

2.     Complete a Porter’s five forces analysis for the fitness industry.

3.     Complete a SWOT analysis for Northwest Fitness.

4.     Create a Statement of Cash Flows for fiscal 2017 and 2018 using U.S. GAAP format. Based on the Statement of Cash Flow, analyze Northwest Fitness’ ability to finance an expansion.

5.     Prepare and analyze a projected income statement and balance sheet for fiscal 2019.

6.     Calculate the most important ratios (analyze each of the ratio categories) for Northwest using information from 2016-2019.  How do these ratios compare over the years?  How is Northwest Fitness doing against the industry ratios provided in the case?

7.     Should Bryan expand?  Why or why not?  Support your decision using the information from the above questions.

Discussion: Strategies for Academic Portfolios In the realm of marketing

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Discussion: Strategies for Academic Portfolios In the realm of marketing, a successful branding strategy is one of the most important contributors to organizational success. A solid branding strategy

Discussion: Strategies for Academic Portfolios In the realm of marketing, a successful branding strategy is one of the most important contributors to organizational success. A solid branding strategy

Discussion: Strategies for Academic Portfolios

In the realm of marketing, a successful branding strategy is one of the most important contributors to organizational success. A solid branding strategy can help add visibility and credibility to a company’s products.

Similarly, nurse-scholars can build a personal brand to add visibility and credibility to their work. You can begin building your brand by developing and maintaining an academic portfolio. Such an activity can help share the results of your efforts and contribute to your success. This Module’s Discussion asks you to consider and share strategies for building your portfolio.

To Prepare:

  • Reflect on strategies that you can pursue in developing portfolios or portfolio elements that focus on academic achievements.
  • Review one or more samples from your own research of resources focused on portfolio development.

ASSIGNMENT:

Post an explanation of at least two strategies for including academic activities and accomplishments into your professional nursing development goals. Then, explain how those goals may align with the University’s emphasis on social change. Be specific and provide examples.

What are the purposes of master, planned operating, and financial budgets?

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Module 3 – CaseBUDGETINGAssignment Overview Review the three components in the background material to answer the questions and make computations relating to budgeting. Case Assignment Part I Short-Ans

Module 3 – CaseBUDGETINGAssignment Overview

Review the three components in the background material to answer the questions and make computations relating to budgeting.

Case Assignment

Part I

Short-Answer Questions

  1. What are the three main purposes of budgeting?
  2. What are the purposes of master, planned operating, and financial budgets?
  3. How does the management by exception concept relate to budgeting?
  4. What are five basic principles, which, if followed, should improve the probability of preparing a meaningful budget? Why is each important?
  5. Define and explain a budget variance.
  6. Distinguish between a master budget and a responsibility budget.
  7. The budget established at the beginning of a given period carried an item for supplies expense in the amount of $40,000. At the end of the period, the supplies used amounted to $44,000. Can it be concluded from these data that there was an inefficient use of supplies or that care was not exercised in purchasing the supplies?
  8. Management must make certain assumptions about the business environment when preparing a budget. What areas should be considered?
  9. Why is budgeted performance better than past performance as a basis for judging actual results?

Part II

Real-World Example

Review the background material and do some research to learn about the budgeting practices of an existing business enterprise. Information can be found in the news, research papers, and on investment sites. Another option is to locate the financial statements for a company, make some assumptions, and prepare your own budget from an external point of view. Describe the situation and the results. Show computations when appropriate.

Assignment Expectations

Part I

Write 3–5 sentences for each question.

Part II

Write an essay (300–500 words).

Show sources when appropriate and APA format is suggested, but not required.

Module 3 – SLPBUDGETING

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Module 3 – SLPBUDGETING This assignment consists of three independent scenarios for which computations should be shown. Scenario A Skaters, Inc. plans to sell 90,000 skateboards next quarter at a pric

Module 3 – SLPBUDGETING

This assignment consists of three independent scenarios for which computations should be shown.

Scenario A

Skaters, Inc. plans to sell 90,000 skateboards next quarter at a price of $36 per unit. Production costs are $14.40 per unit. Selling and administrative expenses are: variable, $7.20 per unit; and fixed, $604,800 per quarter. What are the budgeted earnings for next quarter? (Do not consider federal income taxes.)

Show the analysis in a table format. Write a one-paragraph interpretation of the information presented in the table.

Scenario B

Speedy Delivery currently delivers packages for $9 each. The variable cost is $3 per package, and fixed costs are $60,000 per month. Prepare a budget showing the expected current profit and profit after the changes in costs.

  1. Fixed costs are increased to $75,000.
  2. Selling price is increased by 10%.
  3. Variable cost is increased to $4.50 per unit.
  4. Show the analysis in a table format. Write a one-paragraph interpretation of the information presented in the table.

Show the analysis in a table format. Write a one-paragraph interpretation of the information presented in the table.

Scenario C

Houston Corporation considers materials and labor to be completely variable costs. Expected production for the year is 50,000 units. At that level of production, direct materials cost is budgeted at $198,000, and direct labor cost is budgeted at $450,000.

  1. Prepare a flexible budget for materials and labor for possible production levels of 55,000 and 65,000 units of product.
  2. Assume that in the previous exercise the actual production was 60,000 units, materials cost was $247,000, and labor cost was $510,000. Compute the budget variances. Denote variances as favorable (F) or unfavorable (U).

SLP Assignment Expectations

Show computations in good format and explain answers as required. Excel is a great tool to make computations and present financial information in an easy to understand format. Write comments below the computations in Excel. Submit only the Excel file. Both content and the clarity of the presentation will be evaluated for grading purposes.

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