Saturday, February 15, 2020

Frazer Group and Caribou Essay Example | Topics and Well Written Essays - 750 words

Frazer Group and Caribou - Essay Example Its pronouncements have been applied in reporting of minority interests (Morgan et al 2009). What auditing standards are used by the external auditors? The independent auditors have applied guidelines forwarded by the Auditing Standards Board (ASB) which issues pronouncements on auditing practice (Dauber, 2009;Rittenberg et al 2011). Analyze and comment on the differences in the annual statements found on the companies' websites. Provide a few specific differences in content and format. The major differences in the two companies’ financial records are evident in the Balance Sheet and Consolidated cash flow statements. To start with the balance sheets, Frazer Group Items are represented under three main classes; Current assets, Current liabilities and Equity. This is different from Caribou’s Balance sheet which has clear entries for, Assets (both current and non-current), Liabilities, Equity, and Minority Interests (Whittington et al 2011). In regard to consolidated cash flow statement, Caribou’s has clear entries for, Cash Flow for Operating Activities, Cash Flow from Investing Activities, from Financing Activities, and Net increase/decrease in cash and cash equivalents. This is quite different from Frazer Group’s which clear entries for, operating activities, investing activities, and financing activities appearing less complex (Whittington et al 2012). Which one of the two companies is the most profitable? Financial records reported in "000,000" CARIBOU COFFEE FAZER GROUP 2010 2009 2008 2010 2009 2008 Tangible assets 101.725 93.727 89.572 378.1 389.6 369.4 Shareholders’ Equity 62.466 50.776 44.008 126.5 120.4 118.8 Stocks 25.931 13.278 10.724 57.2 51.5 46.8 Retained Earnings 12 7 0 310.5 300.9 275.4 Turnover 242.293 283.997 262.539 1513.6 1441.1 1159.7 Personnel costs 105.993 101.169 99.865 508.7 480.9 477.6 Operating profit 15.193 10.107 5.541 58.5 44.5 135 Profit before taxes 14.926 9.721 5.306 58.4 32.9 31.9 Net profit 9. 797 5.138 4.825 58.4 32.9 24.6 Operating profit before WC 7.517 15.594 10.264 148 112.3 102.7 Dividends received 1.1 1.2 1.1 Cash from operating activities 23.092 23.578 22.462 117.7 118 116.5 Fazer Group is by a large extent the most profitable company. Looking at the net profit generated in the three years, 2008-2010, Fazer Group had an increasing profit ranging between $24.6 million to $58.4. The financial year, 2009-2010, was the Group’s most profitable year (Fazer Group 2010). This is unlike Caribou Coffee which in the three years under examination recorded a net profit ranging, $4 million to $9.7 million (Caribou Coffee Financial Records 2005-2011). Financial year 2009-2010, was the company’s most profitable recording a net profit of $9.7 million. Looking at the figures recorded, based on net profit which is a reasonable pointer of a company’s profitability it is clear that there is a marginal difference in profitability in favor of Fazer Group (Weirich et al 2012). Compare growth of revenues versus income over time and between the two companies. In this case, the basis of the revenue growth is sales. Starting with a look at Fazer Group which is by far the bigger of the two entities we realize an irregular growth in revenue in the three years under observation. In 2008, the company’s sales were $369.4 million, in 2009, the sales increased to $389.6 million, later in 2010, the sales declined to $378.1 million. This represents a growth of 5.5% in sales for the year, 2009-2010, and a growth of -2.95% for the year

Sunday, February 2, 2020

CCNA Basic (Final Assignment) Essay Example | Topics and Well Written Essays - 1000 words

CCNA Basic (Final Assignment) - Essay Example 4. Define redistribution filters, if desired. 5. Enable redistribution, if you defined redistribution filters. 6. Modify default global and port parameters as required. 7. Modify OSPF standard compliance, if desired To enable OSPF enter enable ospf and respond to the prompts: OSPF Config>enable ospf Estimated # external routes[0] 200 Estimated # OSPF routers [0] 60 OSPF Config>set area Area number [0.0.0.0] 0.0.0.0 Authentication Type (0:NONE, 1:SIMPLE, 2:CRYPTOGRAPHIC) [0] 1 Is this a stub area [No]: OSPF Config>set interface Interface IP address [0.0.0.0] 172.16.100.030 Attaches to area [0.0.0.0] 0.0.0.0 Retransmission Interval (in seconds) [5] Transmission Delay (in seconds) [1] Router Priority [1] Hello Interval (in seconds) [10] Dead Router Interval (in seconds) [40] Type Of Service 0 cost [1] 5 Authentication Key Retype Auth. Key Message Digest Key ID [0] MD5 Key Retype MD5 Key Override the default OSPF interface-type [No]: y OSPF interface-type override (1=broadcast, 3=NBMA, 5=point-to-multipoint) [0] 3 Poll Interval [120] Forward multicast datagrams [Yes]: Forward as data-link unicasts [No]: OSPF Config>set virtual-link Virtual endpoint (Router ID) [0.0.0.0] 10.10.10.1 Link's transit area [0.0.0.1] Retransmission Interval (in seconds) [10] Transmission Delay (in seconds) [5] Hello Interval (in seconds) [30] Dead Router Interval (in seconds) [180] Authentication Key Message Digest Key ID [0] Message Digest Key Retype Message Digest Key (c) Configure manual summarization for 10.201.1.0/24, on serial 2, using EIGRP - using an example of one default route hostname branch1 ! interface Serial2 ip address 10.201.1.0 255.255.255.0 ... router eigrp 10 redistribute static metric 56 100 255 1 255 network 10.201.0.0 ! ip classless ip route 0.0.0.0 0.0.0.0...This will allow you to have 32 subnets (25). After using the five bits for subnetting, you are left with 11 bits for host addresses. Therefore, this will allow each subnet to have 2048 host addresses (211), 2046 of which could be assigned to devices. (d) Configure DHCP using a pool called 'ISP' containing 10.10.0.0/16. Include the default gateway of 10.10.0.01 and a DNS server at 10.10.0.5. Exclude the range of IP address from 10.10.0.1 to 10.10.0.15 Edit the /etc/dhcpd.conf file to configure DHCP service. In our setup, the server has IP address 10.0.0.1 and provides IP addresses up to 253 clients. Configure /etc/dhcpd.conf according to your environment: