Maynard Company Case Analysis


Length: 853 words (2.4 double-spaced pages)
Rating: Excellent
Open Document
Need writing help? Check your paper »

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Text Preview

More ↓
Overall, assets increased at the end of the month compared to the beginning by $43,350. This
results in purchasing more assets, making sales or by simply making payments or purchasing on credit.

1. Cash: There is an increase of cash as of June 30 by $31,677. This could be the result of the company making sales for cash or making purchases on credit which would explain the increase in accounts payable. Also, payments of insurance were credited from prepaid insurance resulting in no cash being removed from the account.

2. Accounts Receivable: There is an increase in accounts receivable as of June 30 by $4,707. This could
be the result of the company making sales on credit.

3. Supplies on hand: There is an increase in supplies on hand as of June 30 by $1,071. This could be the
result of the company having purchased more supplies during the month.

4. Merchandise Inventory: There is a decrease in merchandise inventory as of June 30 by $3,315.The
reason of the decrease would be that the company has made sales during the
month.

5. Prepaid Insurance: There is a decrease in prepaid insurance as of June 30 by $324 because at the end
of the month, a payment of insurance was due resulting in decreasing the prepaid

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

How to Cite this Page

MLA Citation:
"Maynard Company Case Analysis." 123HelpMe.com. 12 Dec 2017
    <http://www.123HelpMe.com/view.asp?id=166309>.
Title Length Color Rating  
PMCN Case Study Essay - The theory of economics does not furnish a body of settled conclusions immediately applicable to policy. It is a method rather than a doctrine, an apparatus of the mind, a technique for thinking, which helps the possessor to draw correct conclusions. The ideas of economists and politicians, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist." (John Maynard Keynes, the General Theory of Employment, Interest and Money p 383) Critically assess the extent to which “the i...   [tags: PMCN Analysis]
:: 5 Works Cited
3336 words
(9.5 pages)
Research Papers [preview]
A Case Analysis: Mahalo Company Essay - A Case Analysis: Mahalo Company Mahalo Company, founded in 1953, has been playing a leader within the U.S. financial industry for several decades. Mahalo is well known for providing its high quality financial services, its major clients from banks, investment companies to insurance companies in the United States. Mahalo Company has a total of 3000 employees working nationwide from the west coast to the east coast of the United States, and 500 employees work at the headquarters location- the South of Florida state....   [tags: Business, Case Study, solution] 1975 words
(5.6 pages)
Strong Essays [preview]
Treadway Tire Company Case Study Essay examples - Introduction Human Resource Director, Ashley Wall, with 10 years of experience at Treadway Tire Company, has decided to conduct a thorough analysis of the line foremen job dissatisfaction problem within a short frame of time and devise a plan of action to correct it. Using an action research approach to understand the problem from different viewpoints, Ashley is determined to solve the problem as soon as possible by uncovering key issues at the plant using formal and informal documentation. According to Patton (2002), “to have an understanding of the nature of the problem by those involved will allow human beings to more effectively control their environment” (p....   [tags: Case Study Analysis]
:: 4 Works Cited
1865 words
(5.3 pages)
Term Papers [preview]
Paul Cronan and New England Telephone Company Case Analysis Essay - Paul Cronan and New England Telephone Company Case Analysis Legal Case Analysis Facts: ?     Paul Cronan was a long-term New England Telephone Company (NET) employee (1973 - 1986), assigned at South Boston. ?     Paul was diagnosed with AIDS Related Complex (ARC) in 1985. ?     Paul informed his supervisor about ARC when asked about his third request to leave work for a medical appointment (1985). ?     Paul had a poor attendance history. His tardiness and medical appointments concerned his supervision....   [tags: Business Case Analysis Essays] 2134 words
(6.1 pages)
Powerful Essays [preview]
Eli Lilly and Company Case Analysis Essay - Eli Lilly and Company Case Analysis The case under analysis, Eli Lilly & Company, will be covering the positives and negatives with regards to the business situation and strategy of Eli Lilly. One of the major pharmaceutical and health care companies in its industry, Lilly focused its efforts on the areas of "drug research, development, and marketed to the following areas: neuroscience, endocrinology, oncology, cardiovascular disease, and women's health." Having made a strong comeback in the 1990's due to its remarkably successful antidepressant Prozac, was now facing a potential loss in profits with its patent soon to expire....   [tags: Business Strategy Analysis] 1605 words
(4.6 pages)
Strong Essays [preview]
Essay on Du Pont de Nemours and Company Case Analysis - Du Pont de Nemours and Company Case Analysis In assessing Du Pont’s capital structure after the Conoco merger that significantly increased the company’s debt to equity ratio, an analyst must look at all benefits and drawbacks of a high debt ratio. The main reason why Du Pont ended up with a high debt to equity ratio after acquiring Conoco was due to the timing and price at which they bought Conoco. Du Pont ended up buying the firm at its peak, just before coal and oil prices started to fall and at a time when economic recession hurt the chemical industry of Du Pont....   [tags: Business Management Analysis] 1186 words
(3.4 pages)
Strong Essays [preview]
Birch Paper Company Case - Incomplete OBJECTIVE : To evaluate present organizational structure and management control system of Birch Paper Company particularly on the decentralized operations of its divisions with respect to its overall performance. PROBLEM : What effective management control system or systems should the Company adopt to attain maximum profitability not only of its divisions’ respective operations but that of the Company as a whole. AREAS OF CONSIDERATION 1. Company Background Birch Paper Company is a medium-sized, vertically integrated paper company, producing white and kraft papers and paperboard....   [tags: Business, Case Study, solution] 1657 words
(4.7 pages)
Strong Essays [preview]
Puma Company Case Study Essay example - Course: International Business Management Activity: Case Study Company: PUMA |1924: |Rudolf and Adolf Dassler incorporate their first shoe company. | |1948: |Rudolf Dassler sets up his own company Puma Schuhfabrik Rudolf Dassler. | |1950: |Puma had established export ties to the United States, | |1959: |Rudolf Dassler's wife and two sons become part owners of the Puma Sportschuhfabriken Rudolf Dassler KG....   [tags: Business Case Study] 1746 words
(5 pages)
Strong Essays [preview]
Printing Company Case Analysis Essay - Individual Assignment I: Case Analysis Case: WALD PRESS Executive Summary Wald Press, a large New York based printing firm for many years had close association with Campbell brothers, a Manhattan based publishing house, which supplied it with the major portion of its work. Campbell Brothers couldn't supply Wald Press with enough work to keep it operating at reasonable output level during depression of thirties. Thus Wald Press obtained contracts from other publishing firms. When Campbell brothers' sales increased again, they wanted Wald Press to drop outside contracts as they would supply them with enough of work....   [tags: Business Cast Study] 1005 words
(2.9 pages)
Strong Essays [preview]
Rendell Company Case Study Essay - Rendell Company Case Study Executive Summary This report will give us a clear perspective as to what the optimal organizational structure that suits Rendell Company plus some additional control system in attaining the company’s main objectives. We will be also tackling the roles, functions and responsibilities of a controller in an organization. This case takes us into Rendell Company which is currently having problems between the corporate controller and the divisional controller. We assessed the advantages and disadvantages of the organization structure of Martex whether it can be applied and be implemented to Rendell Company in order to resolve the problem....   [tags: Business Case Study Essays, solution] 951 words
(2.7 pages)
Better Essays [preview]

Related Searches




insurance account.

6. Notes Receivable: The balance at the end of the month is zero because Diane Maynard paid her loan
of $11,700 resulting in cash coming in the company and notes receivable
decreasing or in this case, clearing the account.

7. Land: There is no change in land as of June 30 since land does not depreciate nor can be amortized. The value of the land can change over time depending on the market but in this case, the value does not change.

8. Building: There is a decrease in the value of the building as of June 30 by $1,950 since the
accumulated depreciation on the building increases by $1,950 over a month of use which
results in decreasing the value of the asset.

9. Equipment: There is an increase in equipment as of June 30 by $22,776. The only reason can be
explained by the company having purchased more equipment during the month since
equipment over time depreciates therefore, its value decreases.

10. Other non-current assets: There is an increase as of June 30 by $408. This could be the result of the
company holding property for sale; deferred charges; advances for
subsidiaries or other of such sort.
Liabilities: Overall, liabilities have increased as of June 30 by $35,415. The company has engaged in more
debt meaning that they have increased their amount they owe either by making purchases on
credit, borrowing money or by simply owing money to their employees for their labour.

1. Accounts Payable: There is an increase in accounts payable as of June 30 by $12,798. This could be
the results of the company purchasing on credit during the month.

2. Accrued Wages Payable: There is an increase in accrued wages payable as of June 30 by $228. This
could be the result of labour being produced during the month and the
company owing its employees’ salaries.

3. Bank Notes Payable: There is an increase in bank notes payable as of June 30 by $20,865. This could
be the result of the company borrowing for short-term during the month. This
reason of loan could be for payments that are due for the month.

4. Taxes Payable: There is an increase in taxes payable account as of June 30 by $1,524.

5. Other non-current liabilities: There is no change in this account. This could be because no payments
have been made by the company to decrease the amount owed in the
account nor any extra amounts have be added that is, any purchases
made on credit.

Shareholder’s Equity: Overall, shareholder’s equity has increased as of June 30 by $7,935.
1. Capital Stock: There is no change in this account as of June 30. This means that the company has not
issued any new stocks during the month of June.

2. Retained Earnings: There is an increase in retained earnings as of June 30 by $7,935. This increase is
the result of the difference between net income of June and dividends.

Question 3 Retained Earnings
Retained earnings do not increase by the amount of net income of June as of June 30 because not only was there net income to add on to beginning earnings but dividends were declared. Therefore, to calculate retained earnings for June 30:
Retained Earnings -June 30 = Beginning Retained Earnings -June 1 + Net Income – (Dividends)
= 221,511 + 19,635 – (11,700)
= 229,446
In summary, retained earnings increase by the difference between net income and dividends.
Net Income – Dividends=> 19,635-11,700 =>7,935
Where the difference between retained earnings as of June 30 and June 1:
229,446 - 221,511 = 7,935
 Therefore retained earnings as of June 30 has increased by $7,935.

Question 4 The value of Maynard Company
By definition, shareholder’s equity defines the company’s net worth. In this case, Maynard Company has a total of $619, 446 shareholder’s equity meaning that the company has made that amount of profit after all dividends have been distributed.
In my opinion, after analyzing Maynard Company’s balance sheet, the company is well worth $619,446.
Although, if it was up to my decision, the company would be a bit less worth since it has liabilities but not as much as it owns shareholder equity. So, I would subtract $62,442 of liabilities from $619,446 of shareholder’s equity $557,004.


Return to 123HelpMe.com