Currently, you and your future business partners are debating whether to focus Auto-Mart on a "do-it-yourslf" or "do-it-for-me" business. A do-it-yourself

 

case 3-4 please

Currently, you and your future business partners are debating whether to focus Auto-Mart on a do-it-yourslf or do-it-for-me business. A do-it-yourself business emphasizes the sale of retail auto parts that customers will use themselves to repair and service their cars it-for-me business emphasizes the offering of maintenance and service for customers 1. In groups of three or four, discuss whether to implement a do-it-yourself or do-it-for-me ng nationwide within five years business emphasis. List the advantages of each emphasis, and arrive at a con which emphasis to implement. 2. Provide examples of real-world businesses that use do it-yourself or doit- for-me at conclusion as to emphases do-it-for-me business Case 3-4 Accrual versus cash net income. Cigna Corp. (CI) provides insurance services, and Deere & Company (DE) manufactures and sells farm and construction equipment. The following data (in millions) were adapted from recent financial statements of each company. Cigna Deere Net income (accrual basis Cash flows from operating activities Depreciation $2,102 1,994 588 $1,940 3,740 1,382 1. Compute the difference between cash flows from operating activities and net income. 2. Express the difference in (1) as a percent of accrual net income. Round to one decimal place. 3. Which companys accrual based net income is closer to what would be reported if the company used the cash basis? Why?

Currently, you and your future business partners are debating whether to focus Auto-Mart on a “do-it-yourslf” or “do-it-for-me” business. A do-it-yourself business emphasizes the sale of retail auto parts that customers will use themselves to repair and service their cars it-for-me business emphasizes the offering of maintenance and service for customers 1. In groups of three or four, discuss whether to implement a do-it-yourself or do-it-for-me ng nationwide within five years business emphasis. List the advantages of each emphasis, and arrive at a con which emphasis to implement. 2. Provide examples of real-world businesses that use do it-yourself or doit- for-me at conclusion as to emphases do-it-for-me business Case 3-4 Accrual versus cash net income. Cigna Corp. (CI) provides insurance services, and Deere & Company (DE) manufactures and sells farm and construction equipment. The following data (in millions) were adapted from recent financial statements of each company. Cigna Deere Net income (accrual basis Cash flows from operating activities Depreciation $2,102 1,994 588 $1,940 3,740 1,382 1. Compute the difference between cash flows from operating activities and net income. 2. Express the difference in (1) as a percent of accrual net income. Round to one decimal place. 3. Which company’s accrual based net income is closer to what would be reported if the company used the cash basis? Why?

Expert Answer

 

Net income(Cash basis)+Depreciation=Cash flow from operating activites
1)Cigna=1994-2102=108
Deere=3740-1940=1800
2)Cigna=108/2102=5.14%
Deere=1800/1940=92.78%
3)Net income(Cash basis) for Cigna=1994-558=1436
Net income(Cash basis) for CDeere=3740-1382=2358
I Cigna=2102-1436=666
Deere=2358-1940=418
It is closer for Deere

Buy Essay
Calculate your paper price
Pages (550 words)
Approximate price: -

Help Me Write My Essay - Reasons:

Best Online Essay Writing Service

We strive to give our customers the best online essay writing experience. We Make sure essays are submitted on time and all the instructions are followed.

Our Writers are Experienced and Professional

Our essay writing service is founded on professional writers who are on stand by to help you any time.

Free Revision Fo all Essays

Sometimes you may require our writers to add on a point to make your essay as customised as possible, we will give you unlimited times to do this. And we will do it for free.

Timely Essay(s)

We understand the frustrations that comes with late essays and our writers are extra careful to not violate this term. Our support team is always engauging our writers to help you have your essay ahead of time.

Customised Essays &100% Confidential

Our Online writing Service has zero torelance for plagiarised papers. We have plagiarism checking tool that generate plagiarism reports just to make sure you are satisfied.

24/7 Customer Support

Our agents are ready to help you around the clock. Please feel free to reach out and enquire about anything.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

HOW OUR ONLINE ESSAY WRITING SERVICE WORKS

Let us write that nagging essay.

STEP 1

Submit Your Essay/Homework Instructions

By clicking on the "PLACE ORDER" button, tell us your requires. Be precise for an accurate customised essay. You may also upload any reading materials where applicable.

STEP 2

Pick A & Writer

Our ordering form will provide you with a list of writers and their feedbacks. At step 2, its time select a writer. Our online agents are on stand by to help you just in case.

STEP 3

Editing (OUR PART)

At this stage, our editor will go through your essay and make sure your writer did meet all the instructions.

STEP 4

Receive your Paper

After Editing, your paper will be sent to you via email.

× How can I help you?