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Montgomery.A.database004

ACCT

 

 

NO NAME COMPANY

PROFORMA
PARAMETERS NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC JAN FEB
WIDGET     700 770 847 931.7 1024.87 1127.357 1240.093 1364.102 1500.512 1650.563 1815.62 1997.182 2196.9 2416.59
    SUPERWIDGET     200 230 264.5 304.175 349.8013 402.2714 462.6122 532.004 611.8046 703.5753 809.1115 930.4783 1070.05 1230.558
    PRICE – WIDGET     300 300 300 300 300 300 300 300 300 300 300 300 300 300
    PRICE – SUPERWIDGET     600 600 600 600 600 600 600 600 600 600 600 600 600 600
                                     
INCOME STATEMENT
REVENUE                                
    WIDGET     210000 231000 254100 279510 307461 338207.1 372027.8 409230.6 450153.7 495169 544685.9 599154.5 659070 724977
    SUPERWIDGET     120000 138000 158700 182505 209880.8 241362.9 277567.3 319202.4 367082.7 422145.2 485466.9 558287 642030 738334.5
      TOT REVENUES 280000 290000 330000 369000 412800 462015 517341.8 579570 649595.1 728433 817236.4 917314.2 1030153 1157441 1301100 1463311
  COST OF GOODS SOLD                                
    WIDGET     126000 138600 152460 167706 184476.6 202924.3 223216.7 245538.4 270092.2 297101.4 326811.5 359492.7 395442 434986.2
    SUPERWIDGET     60000 69000 79350 91252.5 104940.4 120681.4 138783.6 159601.2 183541.4 211072.6 242733.5 279143.5 321015 369167.3
      COST OF GOODS SOLD 173000 186000 207600 231810 258958.5 289417 323605.7 362000.3 405139.5 453633.6 508174 569545 638636.2 716457 804153.4
  GROSS MARGIN     144000 161400 180990 203056.5 227924.8 255964.3 287594.8 323293.4 363602.8 409140.2 460607.8 518805.3 584643 659158
                                     
  EXPENSES                                
    SALARIES – SUPVR     15000 15000 15000 15000 15000 15000 15000 15000 15000 15000 15000 15000 15000 15000
    COMMISSIONS     66000 73800 82560 92403 103468.4 115914 129919 145686.6 163447.3 183462.8 206030.6 231488.3 260220 292662.3
    RENT     10000 10000 10000 10000 10000 10000 10000 10000 10000 10000 10000 10000 10000 10000
    INSURANCE     4000 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000
    SHIPPING     53000 59200 66155 73960.75 82725.61 92572.28 103639.7 116085.5 130088 145849.9 163601 183602.1 206149.5 231579.7
    SUPPLIES     1440 1614 1809.9 2030.565 2279.248 2559.643 2875.948 3232.934 3636.028 4091.402 4606.078 5188.053 5846.43 6591.58
    INTEREST       58.33333 175 291.6667 350 408.3333 466.6667 408.3333 291.6667 233.3333 175 116.6667 58.33333 0
    MISC     5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000
      TOT EXPENSES     154440 168672.3 184699.9 202686 222823.2 245454.2 270901.4 299413.3 331463 367637.5 408412.7 454395.1 506274.3 564833.5
  OPERATING INCOME     -10440 -7272.33 -3709.9 370.5183 5101.565 10510.02 16693.41 23880.11 32139.84 41502.67 52195.16 64410.14 78368.74 94324.5
                                     
BALANCE SHEET
ASSETS                                
    CASH     25360 13547.67 14663.77 17955.89 13826.16 12669.96 14941.94 1281.609 -17651.4 -21224.1 -18641.2 -8988.39 8785.846 35890.76
    ACCOUNTS REC   180000 202000 229500 259200 292567.5 330073.9 372253.3 419711.5 473135.5 533304.8 601104.4 677539.3 763751.3 861038.3 970875.7
    JIT INVENTORY     0 0 0 0 0 0 0 0 0 0 0 0 0 0
          227360 243047.7 273863.8 310523.4 343900 384923.3 434653.5 474417.1 515653.4 579880.3 658898.1 754762.9 869824.1 1006766
                                     
  LIABILITIES                                
    ACCTS PAYABLE     111600 124560 139086 155375.1 173650.2 194163.4 217200.2 243083.7 272180.1 304904.4 341727 383181.7 429874.2 482492.1
    LINE OF CREDIT     0 10000 30000 50000 60000 70000 80000 70000 50000 40000 30000 20000 10000 0
          111600 134560 169086 205375.1 233650.2 264163.4 297200.2 313083.7 322180.1 344904.4 371727 403181.7 439874.2 482492.1
                                     
  STOCKHOLDERS EQUITY                                
    COMMON STOCK     330000 330000 330000 330000 330000 330000 330000 330000 330000 330000 330000 330000 330000 330000
    RETAINED EARNINGS   -203800 -214240 -221512 -225222 -224852 -219750 -209240 -192547 -168667 -136527 -95024.1 -42828.9 21581.2 99949.94 194274.4
          115760 108487.7 104777.8 105148.3 110249.8 120759.9 137453.3 161333.4 193473.2 234975.9 287171.1 351581.2 429949.9 524274.4
  TOT LIAB & STK EQ     227360 243047.7 273863.8 310523.4 343900 384923.3 434653.5 474417.1 515653.4 579880.3 658898.1 754762.9 869824.1 1006766
                                     
          0 0 0 0 0 0 0 0 0 0 0 0 0 0
                                     
CASH FLOW STATEMENT
OPERATIONS                                
    RECEIPTS     308000 341500 383100 428647.5 479835.4 537390.5 602136.9 675009 757067.1 849514.6 953718 1071229 1203813 1353474
    INVENTORY PURCH     -178200 -194640 -217284 -242669 -271142 -303092 -338964 -379256 -424537 -475450 -532722 -597181 -669765 -751536
    EXP – OTHER     -154440 -168672 -184700 -202686 -222823 -245454 -270901 -299413 -331463 -367638 -408413 -454395 -506274 -564834
          -24640 -21812.3 -18883.9 -16707.9 -14129.7 -11156.2 -7728.02 -3660.33 1066.963 6427.355 12582.88 19652.8 27774.24 37104.92
  INVESTMENT                                
    NONE YET                                
                                     
  FINANCING                                
    LINE OF CREDIT       10000 20000 20000 10000 10000 10000 -10000 -20000 -10000 -10000 -10000 -10000 -10000
                                     
  CHANGE IN CASH     -24640 -11812.3 1116.1 3292.118 -4129.73 -1156.2 2271.979 -13660.3 -18933 -3572.64 2582.882 9652.797 17774.24 27104.92
  BEGINNING BALANCE     50000 25360 13547.67 14663.77 17955.89 13826.16 12669.96 14941.94 1281.609 -17651.4 -21224.1 -18641.2 -8988.39 8785.846
  ENDING BALANCE   50000 25360 13547.67 14663.77 17955.89 13826.16 12669.96 14941.94 1281.609 -17651.4 -21224.1 -18641.2 -8988.39 8785.846 35890.76

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Alissa Montgomery

JRNL 102

Autobiography

Twenty years of life has been painstakingly typical for me. I have lived in the same city, Greensburg, Pennsylvania, in the same house for the entirety of my existence. My family consists of my mother and father, Jim and Lisa, and three sisters, Jenna, Jaclyn and Alaina. Additionally, we own an overweight, red-haired dachshund named Heidi. My mother is a Registered Nurse but opted to become a stay at home mom once having children, while my father is a self-employed podiatrist. My older sister Jenna is 23 years old and recently moved to Washington, D.C. to serve as a biomedical and mechanical engineer at Walter Reed Army Medical Center. My younger sister Jaclyn is a 17-year-old varsity cheerleader who is employed at Panera Bread. Lastly, Alaina is a 14-year-old sports fanatic. Considering the fact that my father is surrounded by women, including the dog, Alaina is often referred to as my dad’s “boy” of the family. To account for my family as a whole, we are all very open, sarcastic and supportive toward one another, laid back, friendly and as some would call it, “entertaining.”

As for myself, I can truly say that I remain to find some real, intellectual interests in life or even enjoyable hobbies. The sole hobby I have been deeply passionate about and extremely well at is the art of dancing. I competitively danced from ages three to thirteen but decided to quit because it was overwhelmingly time-consuming. Sadly, I didn’t realize how much I would regret making this decision. I attempted other activities, such as cheerleading, softball, ceramics and photography, but they did not appeal to me in the way dancing did. Although I have not done much researching, I don’t feel as if I will ever find another activity to enjoy as much as dancing. However, I do plan to return to the sport fairly soon. Besides dancing, the only areas that intrigue me are skin care since I had consistent acne for almost seven years, make-up, nail care, fashion, animals, food, music, psychic abilities and the paranormal, and my studies. All but one of these appear to me as trivial interests with no depth or intelligence behind them, consequently I have yet to become fascinated by noteworthy topics such as philosophy, chemistry, or even technology. Essentially, I wish that I had a much broader range of interests.

A bit of background knowledge regarding my personal life is crucial in order to discuss why I chose to attend the IUP. From the depths of middle school to my freshman year of college I was involved in a serious relationship. Not too fond of his body immersed with tattoos, long, black hair, poor family situation and being the drummer of a metal band, one can identify why my parents didn’t care for my former boyfriend in the first place. As years passed, my hair, make-up and clothing style began to alter and eventually so did my personality. Suddenly, my only friends were his friends, uncivil arguments with my parents occurred regularly as well as between him and me, and my attitude declined to pessimistic and mean. Although I did not recognize these negative effects until I ended the relationship, it is accurate to say that a large reason I am enrolled at IUP is because of the effects he had on my personality and well-being. I was not enthused in any way about attending college; it was a nuisance to me. For this reason I only applied to three colleges, those being Slippery Rock University, Indiana University of Pennsylvania and the University of Pittsburgh. Unfortunately I was not accepted to the main campus of Pitt, so I decided on entering IUP because I didn’t like the campus SRU had to offer. I felt as if this was just another simple decision of my life.

Without being thrilled about college life, it was hard to be thrilled about selecting a college major. I first applied to IUP as an education major but then began to seek a higher income, so I changed my major to undecided business shortly before the start of my freshman year. I mostly completed liberal studies courses my first year so I didn’t exactly get a feel for the business realm. This past semester of my sophomore year gave me that feel and I concluded that business definitely does not suit my personality. I felt as if I would be miserable with a job in that field; business is boring and there is no room for personal creativity. I feel that business is boring and there is no room for personal creativity. I simply don’t have the mentality of a businessperson.

Nonetheless, my family and friends have always told me that I was “good” at writing, so I impulsively decided to switch my major to journalism before the current school year ended. I thought to myself, “I’m 20 years old, I have no idea what I want to do for the rest of my life, so maybe I should just stick with something I’m decent at doing.” Hence, I am enrolled in this class as a requirement of my major. However, I am beginning to experience some doubts in this subject area and am contemplating changing my major for the third time. When I came across the journalism major on IUP’s website, I thought: writing. I can write. I never actually considered the career opportunities. I cannot see myself being happy reporting the news on television, interviewing agitated subjects of my questioning, or even editing on a regular basis. I initially imagined writing for a fashion or skin care magazine, but I never realized how risky this field can be on the basis of ethics until the introduction of my “Journalism and Mass Media” course. I foresee that my conscience would not be able to deal with some of the aspects of this type of career. Nonetheless, I am gravitating towards returning to my original major and will hopefully be satisfied in doing so. Seeing that I don’t know what I want to do with my life, no one has really influenced me in that way. Since my father is a doctor, he has always pushed my sisters and me very hard to do well in school. Because of that I am influenced to do well scholastically and take pride in my schoolwork.

In 10 years, I am hoping to be permanently located in the “Palmetto State” of South Carolina. I plan to be married, most likely with one out of two or three children born, two dogs, a cat, fish and a beautiful southern home. I truly believe that weather can have a tremendous affect on one’s personality and lifestyle. I want to be able to raise my children in a healthy environment where they are able to be happy simply because of the weather. I have always wished to live somewhere warm and I will finally get the chance to do so. Although this may seem shallow, I do view money as very important. I want to be able to financially support my family, along with being able to afford whatever additional luxuries we so chose. In our society, wealth offers security. Money is certainly not everything and cannot create happiness on its own, but it can aid in providing supplementary happiness. The only disadvantage of moving 12 hours away from home is being distant from my immediate family. My parents have said they plan to retire in South Carolina, but my youngest sibling is 14 years old so that decision may change in the near future. I’m assuming both of my younger sisters will move away as well. Without family, a person is nothing. You are the way you are because of the experiences you have endured while being raised by and with your family. When friends or significant others desert you, family is always there to support and guide you. Since I terminated the relationship with my former boyfriend, I have now built a much better relationship with my family, mainly my parents because I have always been close with my sisters. I have learned that a healthy family situation leads to a healthier and happier life. Additionally, my current boyfriend is a nothing less than an optimist. His positive personality has helped me return to my prior, positive nature as opposed to the negative attitude I held for several years. My friends have also served as a source of happiness and an outlet to life. I am overly pleased with my life now and am anxious to discover the opportunities that lie ahead.

accounting bulltit

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Alissa Montgomery

ACCT 202

Paper 2

3-1-10

According to the author, Office Depot has committed two specific wrongdoings. Of these include violating Regulation FD by leaking information to financial analysts regarding a civil penalty and also investigation involving vendor payments, intercompany loans, and other accounting concerns. More importantly, Office Depot has been accused of overcharging city and state municipalities by as much as $100 million per year.

Severe costs may follow these allegations. Firstly, the company and CEO Steve Odland will more than likely develop a poor brand reputation; San Fransisco and Lee County have already switched their contracts to competitor Staples because of these discrepancies. Other organizations, such as external accounting firms, may be weary to work with Office Depot or consequently may feel the need to examine the company much more closely. Wholesale manufacturing companies that supply Office Depot with its products may discontinue their commerce with the company in order to maintain their own status. Usual and future customers may seek business at rival industries due to the negative claims. Not only will these possible outcomes result in massive loss of revenue, but the reimbursement of municipalities will cut extremely large costs into the company, as well. Transgressions such as these can lead a company to bankruptcy and potential extermination.

Both situations could have been avoided with a more loyal and ethical team of employees and meticulous auditors. Countless companies succeed, with setbacks, but not as detrimental as Office Depot’s. Office Depot’s new centralized ordering system, ethics training, and “open door” policy that have just been recently implicated may have prevented these discretions from happening in the first place. If I were running the company, I would have applied these ethical strategies at the onset of the company along with other third-party monitoring peoples and facilities. Codes of ethics may have been applied here but not actively complied with; I would have hired an ethics officer. Also, these ethics should not solely be applied when fault occurs but at all times. In addition, I would have become involved in social media forums, such as Facebook or blogging websites, which provide a connection to consumers and allow for promotion and defense against accusations.

new shitty papa

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Alissa Montgomery

JRNL 105

Assignment 2

Feb. 24, 2010

  1. Cooperating with Government

Involving this type of situational danger, I would not be hesitant to report the names of the captured prison guards and the two inmates themselves regardless of the governor’s instructions. It is a journalist’s duty to society to inform its citizens of important incidents that occur, especially life-threatening events such as this. It is also a journalist’s duty to advise the family and friends of the captured victims that their loved ones are in fact being held hostage. Referring to a deontological ethical approach, “Do Unto Others,” it is easy to assume that anyone would want to know if a friend or family member’s life was in jeopardy, by whom, the criminal histories of these people to understand what they are capable of, and how we can possibly help. Additionally, it is the public’s right to know where crime is taking place and to whom so all necessary precautions can be taken. If I was asked to follow the orders of the state, with no situation in front of me, I would obviously do so. However, a journalist is not able to foresee the events that will happen in the future, so a teleological approach seems to be more logical here. I feel that my primary obligation to tell truth would outweigh the potential harm in this situation; how likely would it be that the inmates would discover their story on the news and decide to kill the hostages because they were angered by the media? They are criminals, they are going to do harm no matter what is reported and what is not. Keeping this information from the public would not stop anything from happening. I believe that it is always morally right and beneficial to cooperate with higher officials, however, when lives are at stake it would be hard to simply sit there and act like you have no knowledge of what is happening and could possibly happen.

  1. Offensive Images

The riots and killings of this ordeal did not occur in the United States, so I feel that as a journalist I would most likely not show the images to the public. I could merely describe the images, but this event is not concerned with our nation, so how much can people deeply and genuinely feel a need to see a cartoon? It seems as if Americans would want to see the cartoons out of curiosity, not out of concern. Yes, they were offensive and caused many riots and killings, but displaying the caricatures led to more riots and killings, so what is the necessity in instigating more danger? The story can be told without the use of illustrations so the people are still informed. The Islamic world has already been offended, so why offend and anger them more and possibly cause more deaths? The first Amendment declares freedom of expression which would allow a newscast to publish the cartoons, but in this scenario this seems as if it is unnecessary provocation. There is a need to tell the story, but no need to actually show the visuals for it would just anger the Islamic community even more.  The acceptable middle ground is to still report the story, but only describe what was so offensive with these caricatures. It is the duty to one’s self to choose this option.

  1. What’s fair game?

Although I believe actions speak louder than words, this fact was irrelevant and happened nearly 30 years before David Wu ran for congressman. He was seeking a fourth term, so he clearly did an excellent job on the three terms prior to 2004. It was a low blow of Wu’s opponent to use this in her campaign; how does this show his weaknesses as a congressman? Again, “Do Unto Others,” would his opponent want this revealed about her? Furthermore, Wu was never arrested of a crime and the woman only reported this “forced sex” to the police, when he confirmed it was consensual, after he broke up with her. The woman did not pursue criminal prosecution or file a formal disciplimary complaint, obviously if this truly happened she would want justice and would not just disregard the event. There is no proof that this actually even occurred; the woman could be making this up to get revenge on a former boyfriend or for publicity. What is the sense in wasting time, money, and effort trying to figure out if Wu really did force his then girlfriend to have sex with him 28 years ago? Stanford students, university officials and professors, law associates, and former campaign staffers and friends should never have been contacted. This does not fulfill any duties of a journalist; specifically the public did not need to know about this. This is simply gossip, a media obsession, scandal. This time could have been spent on substantial stories or the congressman’s actual campaign, issues, and stances instead of personal faults that occurred decades ago. This may have altered the opinions of the voters, but it was 30 years ago in college and the story may be completely false. I still would never have reported this story regardless of its popularity and appeal because it has nothing to do with the actual campaign.

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Alissa Montgomery

JRNL 105

Assignment 2

Feb. 24, 2010

  1. Cooperating with Government

Other prisoners

Prison and other state officials

Media outet

Involving this type of situational danger, I would not be hesitant to report the names of the captured prison guards or the two inmates themselves, regardless of the governor’s suggestions. It is a journalist’s duty to society to inform its citizens of occurrences taking place, especially life-threatening events. It is also a journalist’s duty to advise the family and friends of the captured victims, that they simply are being held hostage. Referring to a deotological ethical approach, “Do Unto Others;” it is easy to assume that anyone would want to know if there friend or family member was in severe danger, by who, and the criminal histories to understand what these people are capable of, and how we can possibly help. If I was asked to follow the orders of the state, with no situation in front of me, I would obviously do so. However, a journalist is not able to foresee the events that will happen in the future, so a teleological approach seems to fit better here.  It is the public’s right to know where crime is occurring and to who, and if this situation would have escalated more so, the public should have been warned from the start to take all necessary precautions. I feel that my primary obligation to tell truth would outweigh the potential harm in this situation; how likely would it be that the inmates would discover their story on the news and just decide to kill the hostages because they were angered by the media? They are criminals, they are going to do harm no matter what is reported and what is not. Keeping this information from the public would not stop anything from happening, it does not seem as if it would do any good. I do not feel that they inmates would have killed the guards because of their story being reported, there would have been other motives and reasons for killing those people. I believe that it is always morally right and beneficial to cooperate with any individual no matter what their status. However, when lives of loved ones are at stake, it would be hard to simply sit there and act like you have no knowledge of what is happening and could possibly happen.

  1. Offensive Images

This ordeal did not occur in the United States, so I feel that as a journalist I would most likely not show the images to the public. I could merely describe the images, but this event is not concerned with our nation, so how much can people deeply and genuinely feel a need to see a cartoon? Yes, they were offensive and caused many riots and killings, but displaying the caricatures led to more riots and killings, so what is the necessity in instigating more danger? The story can be told without the use of illustrations so the people are still informed. It seems as if Americans would want to see the cartoons out of curiosity, not out of concern. The Islamic world has already been offended, so why offend and anger them more and possibly cause more deaths? The first Amendment declares freedom of expression which would allow a newscast to publish the cartoons, but in this scenario this seems as if it is unnecessary provocation. There is a need to tell the story, but no need to actually show the visuals for it would just anger the Islamic community even more.  The acceptable middle ground is to report the story, describing what was so offensive with these caricatures.

  1. What’s fair game?

Although I believe actions speak louder than words, and actions in a relationship can show what type of person someone is, this care was irrelevant because it happened nearly 30 years before David Wu ran for congressman. He was seeking a fourth term, so he clearly did an excellent job on the three terms prior to 2004. It was a low blow of Wu’s opponent to use this in her campaign; how does this show his weaknesses as a congressman? Clearly as a significant other, but in the professional setting. Furthermore, Wu was never arrested of a crime and she only reported this “forced sex” to the police, when he cofirmed it was consensual, after he broke up with her. The woman did not pursue criminal prosecution or file a formal disciplimary complaint; obviously is this truly happened she would want justice and would not just disregard the event. There is no proof that this actually occurred, the woman could be simply making this up to get revenge on a former boyfriend or for publicity. So, this supposed event might not even be real. What is the sense in wasting time, money, and effort trying to figure out if Wu really did force his then girlfriend to have sex with him 28 years ago? Stanford students, university officials and professors, law associates, and former campaign staffers and friends should never have been contacted. This does not fulfil any duties of a journalist, the public did not need to know about this. This is simply gossip, a media obsession, scandal. This time could have been spent on substantial stories or the congressman’s actual campaign, issues, and stances instead of personal faults that occurred decades ago. This may have altered the opinions of the voters, but it was 30 years ago in college and the story may be completely false. I still would never have reported this story regardless of its popularity and appeal, this has nothing to do with the actual campaign.

Use deontological and teleological terms!!!

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ALISSAacct202

acct

alissaacct

alissamassmedia

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CANTLIVEWITHTHEM

PORTFOLIO

Alissa Montgomery

935 Oakland Avenue, Apartment #6

Indiana, PA 15701

a.m.montgomery2@iup.edu

Trevor Parry-Giles
Department of Communication
University of Maryland
2130 Skinner Building
College Park, MD 20742-7635

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