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im in despite need of help please help with these questions and I will appreciate it and give a thumbs up to the first person
im in despite need of help please help with these questions and I will appreciate it and give a thumbs up to the first person who answers this small assignment.
and this is my last assignment that I need to do and I'm sure that many students are looking for the answers for this because there is no answers for this and this post might receive more likes than you expect.
please help... I need to submit this on augest 9
Benchmarking is the continuous measuring of products, services, processes, activities, and practices against a firm's best competitors or those companies recognized as industry leaders. By benchmarking suppliers against industry leaders you can identify areas for supplier improvement. The following is financial information for Tech Talk, of a manufacturer of components for cell phones: Tech Talk Balance Sheet (CDN $ in thousands) For Period Ending December 31, 2018 ASSETS Cash Marketable Securities Accounts receivable Inventories Total current assets Investment at equity Goodwill Total investments and other assets Property, plant, and equipment TOTAL ASSETS $100.1 $130.7 $900 $900 $2,030.8 $800 $400 $1,200 $1,300 $4,530.8 I LIABILITIES AND SHAREHOLDERS' EQUITY Notes Payable Accounts Payable Taxes due on income Accrued payroll and employee Benefits Total current liabilities Long-term debt Shareholder's equity TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $501.3 $526.3 $236 $466.3 $1,729.9 $1,034.0 $1,766.9 $4,530.8 Tech Talk Statement of Income Data (CDN $ in thousands) Year Ended December 31, 2018 Net Sales Cost of goods sold Selling, general, and Administrative expenses Interest expense Cost and expenses Income before taxes Estimated taxes NET INCOME I STEP 1 $7,000 $6,000 $500 $300 $6,800 $200 $90 $110 Going to the Industry Canada website you can use the SME Benchmarking Tool for financial data. It can be found at http://www.ic.gc.ca/eic/site/pp-pp.nsf/eng/home. STEP 2 Create a report using data for Ontario, Incorporated Businesses, distribution is by Total Revenue and have values in Thousands of Dollars. You will need to browse for a NAICS code to use appropriate for this supplier. STEP 3 Export this data into Excel and submit it as support for your drop box assignment. STEP 4 Use this data to compare Tech Talks (To the lower 25% Benchmark data in the industry): STEP 5 - Answer ALL three questions below: . . . Question 1a) b) c) d) e)... BETTER OR WORSE? Current ratio Debt to Equity ratio Return on equity o Net profit margin and Inventory turnover o Is Tech Talk better or worse than the benchmarks and what this means for your supplier Question 2a) b) c) d) e) Make sure you comment on ALL five areas for improvement for the supplier. Question 3 You should organize your analysis in a chart that looks like the one below: . Tech Talk Benchmark Better Worse Comments: FINANCIAL RATIOS Current ratio Debt to equity ratio Return on Equity Net Profit Margin Inventory TurnoverStep by Step Solution
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