Cost Management: 7th ed. Blocher 20-51 and 20-52 Buisness Analysis:Spreadsheet Application and Buisness Valuation

ILO 20-51 20-51 Business Analysis; Spreadsheet Application Davidson Yachts is a small company two businesspeople who are friends and avid sailors. At present, they are interested in expanding the business and have asked you to review its financial statements. from 14-foot din- ghies to 20-foot sailboats. Their sales prices range from $2,000 to more than $10,000. The company has a limited inventory of boats consisting primarily of one or two boats from each of the four manu- facturers that supply Davidson. The company also sells a variety of supplies and parts and performs different types of service. Most sales are on credit. The company operates from a large building that has offices, storage, and sales for some ot the smaller sailboats. The larger sailboats are kept in a fenced area adjacent to the main build- ing, and an ample parking area is nearby. This year Davidson purchased a boat lift to haul boats. ILO 20-51 20-51 Business Analysis; Spreadsheet Application Davidson Yachts is a small company two businesspeople who are friends and avid sailors. At present, they are interested in expanding the business and have asked you to review its financial statements. from 14-foot din- ghies to 20-foot sailboats. Their sales prices range from $2,000 to more than $10,000. The company has a limited inventory of boats consisting primarily of one or two boats from each of the four manu- facturers that supply Davidson. The company also sells a variety of supplies and parts and performs different types of service. Most sales are on credit. The company operates from a large building that has offices, storage, and sales for some ot the smaller sailboats. The larger sailboats are kept in a fenced area adjacent to the main build- ing, and an ample parking area is nearby. This year Davidson purchased a boat lift to haul boats