Department of Economics, Business & Mathematics
2017-2018 Business 1220E: Introduction to Business
Section 574 with Heather Hallett
With a month before opening his waterloo location, Butkus is considering revising the layout of
his new restaurant to increase capacity
Add a second food prep area
And move the grill
Task Analysis 10 marks
Core: Service experience and a
We will see this in all the remaining cases we do (WLC and another
o We will see how much they need short term as well to see since
we do not trust their numbers
Scott Miller, Manager of Commercial Accounts at Genesis Bank o
November 18th, 2016
Omega Paw Inc
Role: Michael Abert, President of Omega Paw (St. Marys Ont.) and inventory
of the Self Cleaning Litter Box
Marketing Challenge: Where do we go from here? How do we grow?
5ws and How
You can focus on new p
Catfish Creek canoe company
Steve Davidson owner of CCC
Who are they?
Professionals that have an above average income
Who own cottage
What are they buying?
A seating canoe
Operations The How of Business
*Study sheet found on owl concluding with a four-hour exam*
First question what matters to the customers or perform a task analysis 10 marks
Identify current process is it necessary why or why not 10 marks just read the char
Marble Slab Creamery: A Grand Occasion
Role/Decision: Penny Thomas required to send in a detailed marketing plan for the May 2008
Strengths: easy access
Weakness: only popular in summer
Grocery Checkout INC.
Role/Decision: Nathan Felders founder and CEO of GCO talked to his investors whom
pressuring him for continually growth and thinks he could handle greater volume of customers.
Felder wants the best option for GCO
What is general management
To make sure that the company will exist in five years and often results in strategies
The role of the general manager must determine how to benefit from opp keeping in mind
the company must use scare resour
Step 1: Analyze the changes in the income statement and balance sheet below and
indicate whether each change is prositive or negative.
Extract from statement of profit or loss
Sep 30, 20X6
20X6 12 months
1. To record initial investment in JV
2. To record unrealized gain - investor's share
3. To record deferred tax on unrealized gain
4. To record investment income in JV for the year
5. To record annual realization of the gain on asset transfer
The client a
Advanced Financial Reporting
a) Prepare the journal entry to record RC's initial investment in PUK on Jan 1, 20X4.
Include a journal entry to record the tax deferral required.
For all entries, privide a brief explanation as to the nature of th
Advanced Financial Reporting
a) Using only the revenue criteria test, identify which segments would be reportable. Show your calculations.
Revenue criteria: a segment is reportable if it is >= 10% of the total revenue (both internal and extern
Consolidated statement of financial position
Note: Add additional rows/columns to the worksheet if required.
NOTE: Copy and paste this template into the Excel file that you are going to submit; do not complete your work in this
Question 6 Functional currency = Mexican peso (MXN)
Note: Copy and paste this template into the Excel file that you are going to submit; do not complete your work in this f
Translated statement of comprehensive income
Spanish Fuels Inc.
To record the purchase of the inventory
Dec 18, 20X6 DR
To record adjustment at year end
Dec 31, 20X6 DR
a) To record the receipt of the loan proceeds
Jan 1, 20X6 DR
b) To r
a) Allocate the acquisition differential
Cost of investment
Less: Book value of Liza Co.
Less: allocation to identifiable net assets
Building and equipment
By definition, goodwill is not an identifiable asset.
Therefore, any goodwill reported on the subsidiary's SFP is not recognized by the parent when it is allocating FV to the INA.
Goodwill on S's balance sheet = FV $0
Use the acquisition method to allocat
A/R and Sales
Find Sales Revenue, which is cash and which is A/R
Find Discount terms of A/R
If sales return was part of discount, CR Sales Discounts the right amount off return
Write offs = DR AFDA, CR AR
Recovery is opposite of
Marketing Management Report
By Noah Bronstein
December 7, 2011
As the 2010 summer comes to a close, it is time for Camp Wahanowin to create a
fresh marketing strategy that will allow the camp t
Based on your Analysis, Decide
Vaughan, Annex, Beaches, Oakville?
Selected 21 f lavours and products?
Target Market Fit
with 4Ps is
Families, Youth or Women?
Faculty & Staff:
Quick Guide to Building
Stress is an inherent and important part of life.
An optimal coping response uses ones resilience to take
actions to deal with challenges; and to l
Depreciation (Amortization) Expense is found on
the income statement (as an operating expense)
Accumulated Depreciation (Amortization) is found
on the balance sheet as a contra account
Depreciation is the d
Finance Exam Tips
-Start studying NOW. I know the exam is still a week and a half
honestly use as much time as possible to study for this. If you
haven't done every case, go do it, re-do cases you didn't
understand, and use the supplementar
What is General Management?
understanding and acting in accordance with:
THE BIG PICTURE
It requires an understanding and integration of:
The Functional Areas of business:
Finance, Marketing, Operations, Human Resources
The External Env
Business 1220E General Management Study Sheet
STRATEGIC DECISION MAKING:
Operations is key to any organizations success. Along with marketing, operations, often called
production, is where an organization adds value and makes money. You all have experience with
operations through your day-to-day lives. Th