Use the following information for problems g9 and 10.o.oos 2omle yslgaib of oli sula awolls Isbom snilno sriT al The Hayley-Girl Soup Company's operations manager wants to calculate a number of performance statistics for an upcoming meeting using the information shown here. simota Net sales = $1,450,627 noi alshotu Cost of goods sold (purchases) = $675,860 Current liabilities = $86,904 %3D nsio Current assets $327,176 Rent = $144,00o Average inventory value = $163,465 Labor cost = $226,693 Annual production = 2,608,184 cans %3D Net income after taxes = $94,153 9. Calculate the profit margin, current ratio, inventory turnover, and purchasing efficiency (given an annual Ast achasing cost goal of $600,00o). pur- aiv boy 10 rand mu ultiple factor preductivitios

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Σ
B.
alt
Chaptor 2 | Corporate Strategy, Performance, and Sustainability
CS
TABLE 2.2 Some Common Operations Performance Measuresnian ei mit odi 2nsso tiewo1g xsbni zidi zA
Performance category
Measures
• Net profit margin (net income after taxes/net sales)
• Current ratio (current assets/current liabilities)
• Inventory turnover (cost of goods sold/average inventory value)
• Total cost compared to standard or desired cost (purchase, labor, manufacturing,
and transportation cost; e.g., purchasing efficiency = actual purchases/purchase goal)
Financial
Single-factor productivity (outputs/labor $; outputs/material $)
Multiple-factor productivity (outputs/[labor $ + material $ + energy $])
Productivity
Number of defects per unit, or number of complaints per customer
• Cost of poor quality (scrap losses + warranty costs + rework costs + return costs)
Average time between product failures mue
Quality
1020
ol amil wolls
2mt sdi no (1odsl to tao Product returns per units sold; warranty claims
susDs o onimmsisb ol m Number of work centers/processes using statistical process controles doe) uguo
am viivitoubog s209on Number of employees with quality training
per
units sold
Number of quality awards received
boucroice o suh o ue brocca
Percentage of suppliers with quality certifications
of elovsl
Customer service
18
• Order delivery time accuracy; order quantity accuracy s aid oveworlsyivito
• Customer satisfaction score
cpesbet worcu
• Number of customer services available
Complaint resolution time
no 15 s ole
sqmi se1svba ds
29 m iviouborg 2v Time needed to change delivery schedules, to change a customer's order t orl
Number of stockouts per period
bordaug isdi boanmob Iedol Completeness of websiteut
CSU
Csu broAG to po gaus
nim Inos Isdolg srli ai Jnioq ni suso boog A
• Number of "friends" on social websites
• Call center capabilities
suk unu couibsus
sm bos 1odel 1ot etzo
bbA wiivitouborq no tongumber of service awards received
nb cosp bcee on
vignede seo1 elsns
Ethics and sustainability
grigoer ylienoil
Number of business ethics and sustainability initiatives adopted
Percentage of purchases from small, minority, or women-owned suppliers
1009.1 diiw olie no algo Percentage reduction in greenhouse gas emissions (carbon footprint)
Fo ps pereL
rieud ts
COU
• Number of fair trade products purchased
• Percentage of waste recycled
g combjex
aim sd oels m3 8972m vlivitoubont
goir 29ohn 2svawo Percentage of suppliers that are ISO 14000 certified im enn smo nots
idivas bio vilaus
Number of ethics/sustainability awards received
duo 1o boonbong
or almost $5 million in profits per hour." These profits were not necessarily the result of something Exx-
1 :12
Transcribed Image Text:Σ B. alt Chaptor 2 | Corporate Strategy, Performance, and Sustainability CS TABLE 2.2 Some Common Operations Performance Measuresnian ei mit odi 2nsso tiewo1g xsbni zidi zA Performance category Measures • Net profit margin (net income after taxes/net sales) • Current ratio (current assets/current liabilities) • Inventory turnover (cost of goods sold/average inventory value) • Total cost compared to standard or desired cost (purchase, labor, manufacturing, and transportation cost; e.g., purchasing efficiency = actual purchases/purchase goal) Financial Single-factor productivity (outputs/labor $; outputs/material $) Multiple-factor productivity (outputs/[labor $ + material $ + energy $]) Productivity Number of defects per unit, or number of complaints per customer • Cost of poor quality (scrap losses + warranty costs + rework costs + return costs) Average time between product failures mue Quality 1020 ol amil wolls 2mt sdi no (1odsl to tao Product returns per units sold; warranty claims susDs o onimmsisb ol m Number of work centers/processes using statistical process controles doe) uguo am viivitoubog s209on Number of employees with quality training per units sold Number of quality awards received boucroice o suh o ue brocca Percentage of suppliers with quality certifications of elovsl Customer service 18 • Order delivery time accuracy; order quantity accuracy s aid oveworlsyivito • Customer satisfaction score cpesbet worcu • Number of customer services available Complaint resolution time no 15 s ole sqmi se1svba ds 29 m iviouborg 2v Time needed to change delivery schedules, to change a customer's order t orl Number of stockouts per period bordaug isdi boanmob Iedol Completeness of websiteut CSU Csu broAG to po gaus nim Inos Isdolg srli ai Jnioq ni suso boog A • Number of "friends" on social websites • Call center capabilities suk unu couibsus sm bos 1odel 1ot etzo bbA wiivitouborq no tongumber of service awards received nb cosp bcee on vignede seo1 elsns Ethics and sustainability grigoer ylienoil Number of business ethics and sustainability initiatives adopted Percentage of purchases from small, minority, or women-owned suppliers 1009.1 diiw olie no algo Percentage reduction in greenhouse gas emissions (carbon footprint) Fo ps pereL rieud ts COU • Number of fair trade products purchased • Percentage of waste recycled g combjex aim sd oels m3 8972m vlivitoubont goir 29ohn 2svawo Percentage of suppliers that are ISO 14000 certified im enn smo nots idivas bio vilaus Number of ethics/sustainability awards received duo 1o boonbong or almost $5 million in profits per hour." These profits were not necessarily the result of something Exx- 1 :12
Use the following information for problems 9 and 10.00.0osomis ysigaib of oli oula zwoils Isbom snilno sriT
The Hayley-Girl Soup Company's operations manager wants to calculate a number of performance statistics for an
upcoming meeting using the information shown here.
dw
Ro anoiteaul 21mod bnsb
emahmoi alshotut
ebriomsib
oisd
BinG bLoq62 cnapowi o
Cost of goods sold (purchases) = $675,860
Current liabilities = $86,904
Net sales = $1,450,627
%3D
%3D
thegmo
Current assets = $327,176
%3D
Rent = $144,00o
Average inventory value = $163,465
Annual production = 2,608,184 cans
%3D
Labor cost = $226,693
%3D
%3D
Net income after taxes = $94,153
ews
9.g Calculate the profit margin, current ratio, inventory turnover, and purchasing efficiency (given an annual pur-
chasing cost goal of $600,000).
Calculate the single-factor and multiple-factor productivities.
119d Given the information here, calculate the financial performance.
not no Isumiv borbn
10.
no ysnsrs bne abnsd siors lo 910olg s
01 be
Transcribed Image Text:Use the following information for problems 9 and 10.00.0osomis ysigaib of oli oula zwoils Isbom snilno sriT The Hayley-Girl Soup Company's operations manager wants to calculate a number of performance statistics for an upcoming meeting using the information shown here. dw Ro anoiteaul 21mod bnsb emahmoi alshotut ebriomsib oisd BinG bLoq62 cnapowi o Cost of goods sold (purchases) = $675,860 Current liabilities = $86,904 Net sales = $1,450,627 %3D %3D thegmo Current assets = $327,176 %3D Rent = $144,00o Average inventory value = $163,465 Annual production = 2,608,184 cans %3D Labor cost = $226,693 %3D %3D Net income after taxes = $94,153 ews 9.g Calculate the profit margin, current ratio, inventory turnover, and purchasing efficiency (given an annual pur- chasing cost goal of $600,000). Calculate the single-factor and multiple-factor productivities. 119d Given the information here, calculate the financial performance. not no Isumiv borbn 10. no ysnsrs bne abnsd siors lo 910olg s 01 be
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