The net cash inflow and cash outflow are calculated using sales and production figures for the next 8 years. The unit cost from the first year is £0.89 which is the cost per mashing without depreciation and divided by 13,000 bottles. From this information provided, the cost will increase by 3.5% and also the selling price will increase by 4% every year (reference 4). These figures are based on the current rate inflation of 4% which is shown in appendix 9 The capital allowances are worked out on cased of 20% (Reference 5) and the annual investment allowance is £100,000 is available (Reference 6) in the first year which is restricted to £87,359. This figure is substrated from the acquisition giving a result of £332,641 which is the written down value.
* Of the $18400 Rhodes made in mortgage payments last year, $8000 was interest. The income statement lists 2008 interest paid as $32000, which means that there are other debts that required payments of $24000. If possible, accelerating payback on these loans can be very beneficial in the long run. * At industry average levels, wages of a similar business would be approximately $79000, or $11000 lower. * Wages, advertising and rent total %23.1 of sales in the average business, leaving %1.9 of sales for property taxes, interest, utilities, depreciation and other expenses.
Industrial hemp provides thousands and thousands of uses and hemp products usually are cheaper and last longer…something college students can appreciate! Also, many students are uninformed about the differences between marijuana and hemp. c. Thesis Statement : With hemp having an estimated 50,000 uses, the ability to hinder deforestation/help the environment, and being the number one textile for thousands of years, hemp farming needs to be legalized in the United States. d. Preview of Main Points: * What is hemp and industrial hemp * Why is it illegal to grow * Where else is it grown? * Reasons why it should be legal to grow in the US.
Beech-Nuts Bogus Apple Juice Beech-Nut is one of the major distributors of apple juice for babies within the baby food industry. In 1981 the executives brought on Lars Hoyvald to help turn the company which was in financial turmoil around. A year after Hoyvald joined the company he learned that the Beech Nut apple juice for babies in which they were selling was made from concentrate which included no apples. The company has been purchasing low cost apple juice concentrate since 1977 from a supplier in the Bronx called Universal Juice Company. Questions should have come about sooner based on the fact that the supplier price was lower than the market value for apple juice.
16 – 56 Ethics and Standard Costs Farmer Frank’s produces items from local farm products and distributes them to supermarkets. Over the years, price competition has become increasingly important, so Susan Kramer, the company’s controller, is planning to implement a standard cost system for Farmer Frank’s. She asked her cost accountant, Margaret Chang, to gather cost information on the production of blueberry preserves (Farmer Frank’s most popular product). Margaret reported that blueberries cost $.75 per quart, the price she intends to pay to her good friend who has been operating a blueberry farm that has been unprofitable for the last few years. Because of an oversupply in the market, the price for blueberries has dropped to $.60 per quart.
Summary On February 14, 1971, Hugo Schaeffer, vice president of operations at the NCC, revealed his concern that although the company had spent $75,000 on a fifth Kiwanee dumper, overtime costs were still out of control and the growers were upset that their trucks and drivers had to spend so much time waiting to unload. The superintendent, Walliston, thinks that in order to avoid the problem, NCC should buy and install two new dryers and convert the dry berry holding bins so that they can store either water-harvested or dry berries. NCC was an organization formed and owned by growers of cranberries to process and market their berries. A trend of cranberry harvest was the growing surplus of cranberries produced over those utilized. Another important trend was the increasing mechanization of cranberry harvesting and could result in yields up to 20% greater than those obtained via dry harvesting.
This project will need $3.4 million less than the P04 project and the only component in the investment, which will be more, compared to P04 is the building cost (378 K$). Cannibalization of other store’s sales As the nearest target store closest to the project is 80 miles away, no cannibalization of sales is expected. And this store will generate a sale of $30.5 million in 5 years, which will be almost 2.7 million dollars above expected sales from P04. This store is assumed to take it’s a maximum market share from Walmart in 2008. Store Sensitivities Even if this store has 18.1% lower sales than the forecasted level by R&P, it can achieve the accepted NPV of prototype, besides, construction cost can increase to near $10 million and still the project can achieve the expected NPV of the P04.
Take Home Exam on The Botany of Desire Part 1: 2) When Pollan states that “apple breeders are locked in a kind of arm’s race with food” (51), he is examining the difference between sweetness in the modern world and in the past. Long ago, sweetness was a rarity and something was desired. As a result, apples were one of the only forms of sweetness. However, in today’s world of cheap, simple sugar, apples are now in competition with tons of different forms of junk food that is very sweet. The apple breeders must now compete with huge corporations who have perfected the sales of sugary junk foods that consumers love to eat.
However, net profit declined by 7% in 2008 due to substantial increases in the cost of food raw materials. Greggs decided not to pass these cost increases onto consumers since the demand for takeaway food is very sensitive to changes in price. The Greggs business has a divisional structure with central bakeries around the country each supplying the shops in their surrounding areas. The business employs around 19,000 people in a range of jobs, including shop staff, drivers, bakery staff, savoury production, finance, personnel, purchasing and IT. Complex retail IT systems help Greggs management monitor store and product performance, manage cash flows from the tills and deal directly with ingredient and other key suppliers.
Greg Kolakowski English 101-075 Ms. Rendek September 8, 2013 In the past decades obesity has been a growing epidemic in American society among young adults but was overlooked for years. In 1999 James Behnke, the executive at Pillsbury made it his goal to make the emerging obesity epidemic a priority to the big food companies and show how to deal with it. This was merely the first step in his plan, he then wanted to impose industry wide limits on certain products pulling back the use of salt, sugar and fats from unhealthy foods. Many factors such as the marketing aspect contribute to the causes of obesity in today's society and can impact our decisions on what we eat. Despite being "concerned that obesity was becoming a major issue"