UEI Business Office Administration Capstone project mod 110 2015 by:Adan Vasquez
The Summary SPRINT NETFLIX BUFFALO WILD WINGS Before we begin investing in any fortune 500 companies we have to know what an investment really is, Investment, as the dictionary defines it, is something that is purchased with money that is expected to produce income or profit. Growing up, most of us were taught that you can earn an income only by getting a job and working. And so that's what most of us do. What we want to do is think outside the box, and make your money work for you. And that is what I will do for you. There is a wide variety of Investment opportunities in the los Angeles area, I have narrowed it down to the top three Companies that will produce you the profit you need. SPRINT NETFLIX BUFFALO WILD WINGS Annually decrease by 1 Million Annually increase by 500,000 Annually increase by 75,000
sprint Name of company: Sprint Corporation Headquarters: The company’s headquarters will remain in Overland Park, Kansas. Chief Executive Officer: Dan Hesse is a United States telecommunications holding company that provides wireless services and is also a major global Internet carrier. It is the third largest U.S. wireless network operator as of 2014, and served 54.8 million customers at the end of the third quarter of 2014. Softbank has invested approximately $21.6 billion in Sprint, consisting of approximately $16.6 billion to be distributed to Sprint stockholders and an aggregate $5 billion of new capital ($1.9 billion at closing) to strengthen Sprint’s balance sheet. As a result of the transaction, the ownership of current Sprint equity holders will be approximately 22 percent (calculated on a fully diluted basis). Sprint Corp NYSE: S - Jan 28 7:58 PM ET 4.36 0.02(0.46%)
Assets, liabilities , owners equity
Netflix Name of company: Netflix Chief Executive Officer: Wilmot Reed Hastings, Jr. is the CEO of Netflix and serves on the boards of Facebook and numerous non-profit organizations. Headquarters: Los Gatos, CA Netflix, Inc. is a provider of on-demand Internet streaming media available to viewers in all of North America With over 33 million subscribers, Netflix outranks any U.S. Cable TV network. Netflix was founded in 1997, but launched in 1999. So far, Netflix members have added more than 5 billion movie ratings to movie titles they have watched. The average member rates about 200 movies Netflix has a fantastic satisfaction rating. Over 90% of Netflix members are satisfied with Netflix and would recommend Netflix streaming to others. 2014 was a monumental year for Netflix. Netflix, Inc. NASDAQ: NFLX - Jan 28 7:59 PM ET 442.46 11.71 (2.58%)
Assets, liabilities , owners equity
Buffalo Wild Wings Name of company: Buffalo Wild Wings Chief Executive Officer: Sally J. Smith It all started in 1982 with one restaurant in Columbus, OH. Since then they grown to have a store in every state in the U.S. and continue to open B-Dubs® around the world (you’re welcome, Earth). Three things: Wings. Beer. Sports. Headquarters: Buffalo Wild Wings, Inc. headquartered in Minneapolis, is a growing owner, operator and franchisor of Buffalo Wild Wings® Restaurants Buffalo Wild Wings was founded in 1982 by Jim Disbrow and Scott Lowery, business partners living in Columbus, Ohio, who were driven by hunger and were unable to find their favorite Buffalo, New York-style chicken wings Smith has since grown the brand to more than 840 restaurants, and has set a new goal of having 1,500 restaurants across North America in the next five to seven years. Buffalo Wild Wings current stock price NASDAQ: BWLD - Jan 28 4:04 PM ET 183.36 1.17 (0.64%)
Assets, liabilities , owners equity
The accounting principles review What is accounting? Financial information about the business. What is the purpose of accounting? The purpose of accounting is to provide financial information about the current operations and financial condition of a business to individuals, agencies and organizations. When the bank wants to offer you a mortgage, what accounting tool will they use to determine your eligibility? Fico score, credit, and history] How do investors use accounting to make important financial decisions? If business is good, owners may consider making additional investments for growth. It allows us to make decisions based on real facts such as owners equity , balance sheet ,and income statement. Explain percentage growth? Growth of the company based on revenue and total revenue .
Review part 2 What is the accounting equation? A=L +OE Outline the elements of the expanded accounting equation. Revenues, expenses, net income, investments, transactions, withdrawals, ending capitol, assets, liabilities, owners equity. What are 3 different forms of business? Sole proprietorship ( one owner), Partnership (two or more partners), Corporation ( stockholders) Explain depreciation and why it matters in accounting? Depreciation is when the objects value drops depending on time or trend. What three types of amounts are seen in the income statement, balance sheet & statement of Owners Equity? Net income, capitol, owners equity