1 5 Balance Sheet 2009 Assets Liabilities Cash 706034 Current Liabilities

1 5 balance sheet 2009 assets liabilities cash 706034

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Case 3-1 Brant Freezer Co. 1-5 Balance Sheet 2009 Assets Liabilities Cash $706,034 Current Liabilities $1,678,589 Accounts Receivable $355,450 Long-term Debt $398,060 Inventory $1,590,435 Total Liabilities $2,076,649 Total Current Assets $2,651,919 Shareholders' Equity $1,378,326 Net Fixed Assets $803,056 Total Liabilities and Equity $3,454,975 Total Assets $3,454,975
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Case 3-1 Brant Freezer Co. Questions 1.When comparing performance during the first five months of 2010 with performance in 2009 a.Which warehouse shows the most improvement? b.Which warehouse shows the poorest change in performance? 2.When comparisons are made among all eight warehouses, which one do you think does the best job for the Brant Company? What criteria did you use?
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3.J. Q. is aggressive and is going to recommend that his father cancel the contract with one of the warehouses and give that business to a competing warehouse in the same city. J. Q. feels that when word of this gets around, the other warehouses they use will “shape up.” Which of the seven should J. Q. recommend be dropped? Why? 4.The year 2010 is nearly half over. J. Q. is told to determine how much the firm is likely to spend for warehousing at each of the eight warehouses for the last six months in 2010. Do his work for him.
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Case 3-1 Brant Freezer Co. Questions 5.When comparing the 2009 figures with the 2010 figures shown in the table, the amount budgeted for each warehouse in 2010 was greater than actual 2009 costs. How much of the increase is caused by increased volume of business (units shipped) and how much by inflation? 6.Use the 2009 income statement and balance sheet to complete a Strategic Profit Model for J. Q. 7.Holding all other information constant, what would be the effect on ROA for 2010 if warehousing costs declined 10 percent from 2009 levels?
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  • Fall '17
  • Smith
  • Balance Sheet, Generally Accepted Accounting Principles, Brant Freezer

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