Its average sales per day were $ 668.49 during 2008 and its average collection period was 99 days. This represented an improvement from the average collection period of 105 days in 2005. 3. SciTronics apparently needed $ 29,000 of inventory at year-end 2008 to support its operations during 2008. Its activity during 2008 as measured by the cost of goods sold was $ 74,000.
The vendor, Effective Management Solutions (EMS), has told Moore that the entire system can be up and running in six months, where the estimated time to build an in-house system is two years. So there appears to be a big savings in the implementation timeline. The cost to buy the vendor provided manufacturing software is a fixed $220,000. The estimated cost to build the in-house system is over $400,000. So there appears to be a significant cost savings in purchasing the manufacturing software.
Abstract In this paper you will see how the changes in technology help Kudler Fine Foods become a better organization and all opportunities to come to play within the company. Its shows how they developed a website for customers use and also how they created a system where they can take their inventory that is shelved, stored and that was sold better then keeping up with it on paper. You will see information about the generic strategies and an overview of that they are about. You will also see that out of the generic strategies that Kudler uses the differentiation strategy to show that they focus on their customers more and how they organizations structure is formed to push their product to customers. You will also see the things that
Once the new machinery is paid in full and Molly’s fixed costs return to $1,700 per month, her new monthly profit after 3 years will be $1,955. The answer was derived by using the following equation: 4,300 × (1.1 – $0.25) –1700 =
Next instead of promoting from within, they searched for new blood and hired former Barney’s CEO Allen Questrom. Penney went on to sell one it’s direct marketing unit to raise capital to reduce debt. They restructured the company to focus on its struggling department stores, cutting employees and closing down many stores. By September 29, 2003, the culmination of CalPERS active investment in Penney, JC Penney seemed to right the ship and was able to streamline operations to be more efficient and profitable. Chronology of Events 2/22/00: CalPERS identifies 10 underperforming companies that will serve as their primary focus for corporate governance activism for the 2000 proxy season.
* $18 M purchase price * $1.8 M selling price * Investment in PPE (2007) was $16 M * Investment in PPE (2008) was $2 M * $4 M in Sales (2008) * $10 M in Sales (2009-2013) * COGS: 75% of Sales * SG&A: 5% of Sales * $2 M Operating Savings (2008) * $3.5 M Operating Savings (2009-2013) * Depreciation was on a straight-line basis for 6 years beginning in 2008 * $18 M / 6 years = $3 M * 40% tax rate * NWC: 10% of Sales * Salvage value was zero * The FCF per year was determined using the following: * Net Income + Depreciation Expense - ∆ Net Working Capital + Investment in PPE After generating the FCF for each year, I had to solve for NPV and IRR to value the investment. I calculated 2 NPVs—one using Excel’s NPV equation and the other by discounting each year’s FCF using the WACC I calculated earlier. Both methods gave me negative NPVs. * Excel NPV: ($489,344.33) * Discounted FCF NPV: ($538,153.89) Lastly, I used Excel to
Currently 11 staff assist with payroll delivery for 1238 staff at 5 different site locations. DDM’s current business plan includes centralizing support services in one year. The goal of this change is to reduce overhead costs and make the company more profitable. Payroll will be one of the departments to be centralized. THE MAJOR ISSUE Our major issue will be to determine the set up of our payroll and HR Systems for the entire company.
ACCT 311 Final Exam Solution https://hwguiders.com/downloads/acct-311-final-exam-solution/ ACCT 311 Final Exam Solution 1. XYZ Company sells appliance service contracts agreeing to repair appliances for a two-year period. XYZ’s past experience is that, of the total dollars spent for repairs on service contracts, 40% is incurred evenly during the first contract year and 60% evenly during the second contract year. Receipts from service contract sales for the two years ended December 31, year 2, are as follows: Year 1 | $500,000 | Year 2 | $600,000 | Receipts from contracts are credited to unearned service contract revenue. Assume that all contract sales are made evenly during the year.
Storage utilization in the SAN-based environment has increased from 50 to 85 percent, a key factor in supporting company growth. Storage allocation that used to take two to three days can now be done in a few minutes simply by making storage capacity available to an application. Backup windows also have been significantly reduced. For example, one 700 gigabyte database used to take 12 to14 hours to backup to tape libraries over a weekend, with the database down the entire time. Today, backing up that database to disk takes only 30 minutes, a 96% reduction in backup time.
CASE: APPLE’S MAKE-VS.-BUY DECISION Questions 1 Given the ideas presented about Apple’s strategy, what HR actions would be most suitable for supporting that strategy? The idea presented about Apple’s strategy is aimed at bringing the design of microchips back in house. They want to make chip design a company process, rather than a product to buy and give them more control over the process and over the secrecy. The company needs all new labor forecasts, a large labor force and an intense push to bring in technical talent. The following is an appropriate support strategy undertaken by HR:- i) New external hire Newly hired workers from outside bring the company new ideas and fresh perspectives.