Table of Contents Corporate Overview 3 Industry Analysis 3 Business Strategy 4 Corporate Governance 5 Social Responsibility & Ethics 8 Quantitative Analysis 9 Executive Summary 9 Income Statement Analysis 10 Balance Sheet Analysis 11 Raito Analysis 13 Financial Health 15 Earnings Quality 15 Appendix A 18 Appendix B 19 Appendix C 20 Appendix D 22 Appendix E 23 Appendix F 24 Appendix G 26 Works Cited 18 Corporate Overview Industry Analysis Home improvement industry is highly fragmented; there is very little direct competition between companies in this industry. The only companies that exert direct competition against each other are Home Depot, Inc. and Lowe’s Company, Inc. These two companies dominate the industry by controlling more than 30% of the home improvement market each. Being the second largest retailer in the United States, Home Depot, Inc. is still considered to be the leader of the home improvement industry. By focusing on sales, service and execution, which helped the company, achieve considerable sales growth in the past few years.
Their market share in these independent retailers is only .79%. Their average sales in the exclusive dealers of Palladium Doors are over 14 times that of their independent retailers. See Appendix 1. In order to make their 36 percent sales increase from 2003 to 2004, Palladium will need to earn an extra $3.3 million in sales, making their sales goal $12.5 million for 2004. Palladium will need to add new dealers, redesign their current marketing channel, or drop some of their less profitable dealers to help attain this goal.
Yet on the other hand, Lodi already had a Wal-Mart, so why did it now need a 219,000 square foot version? I knew that the company offered some of the most competitive prices around, but I wasn't quite sure how they were able to do it. Could this be a clue to the controversy? Lodi, California, is a relatively small community of about 50,000 residents. Things don't change very fast in Lodi, as slow growth is valued and even mandated in certain situations.
| EVALUATING GLOBAL EXPANSION | | 5/27/2012 | Critical thinking 1- About 95 percent of the world’s population lives outside the United States, but many U.S companies, especially small businesses still do not engage in global trade. Why not? Do you think more small business will participate in global trade in the future? Why or why not? Although small business account for 50% of all private commerce in the United States, only 30% -of small business- engage in global trade.
The primary customers of KR+H cabinetry are those who want to optimize the amount of useable space in their homes that stock cabinets cannot provide. The industry in 1992 was comprised of 61% stock cabinetry, and custom cabinets similar to those produced by KR+H comprised of only 20%. This is down from 26% in 1989 resultant from poor economic conditions between 1989 and 1992. KR+H uses a direct sale to consumer approach that only accounted for 2% of total industry sales. Industry sales by use of cabinet dealers and distributors contributed for 31% and 30% respectively.
Adding to that the lows median income (lowest among the 5 projects) can be among the reasons why Walmart has performed well with its low price policy. Brand Awareness impact: While the closes Target is 80 miles away from the project store, it can be assumed that Target brand dose not have a well-known brand awareness. It will take time and investment for Target to increase the brand awareness and also compete with established brand such as Walmart; all expected marketing investment on brand awareness would contribute to 25% sales increase in 5 years. Further comparison with other projects in
Also, Russian GDP has declined during the time. Belco, on the other hand, is competing in a very low market margin like 2 to 4 % that makes the company cannot afford any late payment, so having not received $84,000 that Kooritsa Kiev owed and upcoming $78,000 in 15 days could be a problem. At the same time doing any unfavorably action toward Kooritsa Kiev can cost Belco more than the late payment, since Kooritsa Kiev is a wholesaler that supplied local restaurants and food markets with poultry, pork and other products. These products are the biggest portion of Belco’s core product and inquiring big orders. Problem Statement How Belco Global Food can collect its money from Kooritsa Kiev without damaging the relationship between two companies especially when the buyer’s country was on the brink of a financial crisis.
Accounting 102 Test No. 3 Name:_____________________________ 1. Product costs consist of direct labor, direct materials and overhead. True False 2. Manufacturing overhead are those which can be traced directly to the product.
Plans for 2002 called continued tight management of working capital and €510- 560 million of capital expenditures, mostly on opening of 230-275 new stores. The operating economics involved gross margins of 52%, operating expenses of 22%. Net margins on Sales revenue were about one-half the size of the operating margins, with depreciation and of €158 million and taxes of €150 million helping reduce operating profits of €704 to net income of €340 million. Inditex was not the most profitable apparel retailer in the world; their stability was perhaps a more distinctive feature. HOW SPECIFICALLY DO THE DISTINCTIVE FEATURES OF ZARA’S BUSINESS
The commercial real estate market isn’t as bad off as the residential market, but it has a significant ripple effect on the mind state of the nation. General Motors (GM) is filing for Chapter 11 bankruptcy, it’s predicted 21,000 jobs are to be cut, and they are discontinuing Pontiac and Saturn. They proposed nationalization, but the government says they have no interest in running a car company, and they stand behind a “self- reliant” auto industry. GM will stick with its four best- selling brands, GMC, Cadillac, Buick and Chevrolet. GM used to be the top auto company in the world.