Discontinue a product
or segment
French Hyros (pronounced Hero’s) is chain or fast food
restaurant specializing...
Discontinue a product
or segment
French Hyros (pronounced Hero’s) is chain or fast food
restaurant specializing in gyros with a French flavor profile. The
three following are the most popular gyros sold. Below is an
average store for one year.
Bellanger Depardieu Zidane Total
Sales $720,000 $2,330,000 $950,000 $4,000,000
Cost of gyros
Variable $520,000 $1,200,000 $360,000 $2,080,000
Fixed $120,000 $140,000 $160,000 $420,000
Total
COGS $640,000 $1,340,000 $520,000 $2,500,000
Gross
Margin $80,000 $990,000 $430,000 $1,500,000
Expenses
Variable $80,000 $90,000 $30,000
$200,000
Fixed $75,000 $150,000 $50,000
$275,000
Total
Expenses $155,000 $240,000 $80,000
$475,000
Income from
operations -$75,000 $750,000 $350,000 $1,025,000
Since the Bellanger
gyro is losing money should French Hyros discontinue the
Bellanger?
Write an essay discussing why...
A firm had current assets of $50,000, net fixed assets of
$250,000, current liabilities of $...
A firm had current assets of $50,000, net fixed assets of
$250,000, current liabilities of $ 30,000, and long-term debt of
$100,000
What is the firm’s stockholder equity?
What is the net working capital?
If its current liabilities consist of $20,000 in accounts
payable and $10,000 in short-term debt (notes payable), what is the
firm’s net working capital?
Your submission must include and indicate clearly which
EQUATIONS from the textbook that you have used, and must show steps
in details...
You have the following projections about the costs in a fast
food restaurant for the next...
You have the following projections about the costs in a fast
food restaurant for the next year: Net income [AT] required is 18%
on the equity investment of $240,00. The income tax rate is 28%.
Depreciation on restaurant furnishings and equipment is 20% of the
present book value of $112,000. Interest on the bank loan is 12% of
the present balance owed of $50,000. Other costs are:
Insurance expense $4,500
Licenses expense $3,200
Utilities expense $12,600
Maintenance expense $1,200
Management...
Part A) You want to invest in HSY, and your main concern is the
firm’s ability...
Part A) You want to invest in HSY, and your main concern is the
firm’s ability to make payments to shareholders. You know from your
Finance 3210 class that you can calculate a firm’s ability to make
payments to shareholders without harming operations. Using the
attached financial statements, how much can HSY pay to shareholders
without harming operations in 2018?
Part B) You are interested in investing in HSY, and one of your
major concerns is future growth of the...
1.A fast-food chain claims that the fat content of one of its
cheeseburgers is 22 grams....
1.A fast-food chain claims that the fat content of one of its
cheeseburgers is 22 grams. A consumer health group wanted to check
this claim, so it obtained a random sample of 20 cheeseburgers from
the chain and measured the fat content. The fat contents (in grams)
are shown below, rounded to the nearest gram.
Use Excel to test whether the mean fat content is different from
22 grams. Identify the p-value from the output, rounding to three
decimal places....
Common-Size Balance Sheet
2016
Cash and marketable securities
$
490
1.5
%
Accounts receivable
6,000
18.2...
Common-Size Balance Sheet
2016
Cash and marketable securities
$
490
1.5
%
Accounts receivable
6,000
18.2
Inventory
9,490
28.8
Total current assets
$
15,980
48.4
%
Net property, plant, and equipment
17,020
51.6
Total assets
$
33,000
100.0
%
Accounts payable
$
7,210
21.8
%
Short-term notes
6,790
20.6
Total current liabilities
$
14,000
42.4
%
Long-term liabilities
6,970
21.1
Total liabilities
$
20,970
63.5
%
Total common shareholders’ equity
12,030
36.5
Total liabilities and shareholders’ equity
$
33,000
100.0...
The Chick’n -Pick’n fast-food restaurant chain is considering
how to expand its operations. Three types of...
The Chick’n -Pick’n fast-food restaurant chain is considering
how to expand its operations. Three types of retail outlets are
possible: a lunch counter operation designed for office buildings
in downtown areas, an eat-in operation designed for shopping malls,
and a stand-alone building with drive-through and sit-down
facilities. The following table summarizes the number f jobs, start
up costs, and annual returns associated with each type of
operations
Lunch Counter
Mall
Stand-Alone
Jobs
9
17
35
Costs
150,000
275,000
450,000
Returns...