CASE 8 iROBOT: HOW TO BE A SUSTAINABLE INNOVATOR? I. CASE ABSTRACT iRobot, founded in 1990 in Delaware, designs and builds a vast array of behavior-based robots for home, military, and industrial uses. It is among the first companies to introduce robotic technology into the consumer market. Home care robots have been iRobot’s most successful products, with over 5 million units sold worldwide and accounting for over half of its total annual revenue.
Patton-Fuller Community hospital performed well in the year 2008 than in 2009. This is because the retained earnings for the year 2008 were $335,035. In the year 2009, they were $ 125,564. They decreased by $ 209,471 which is a percentage of 62.52%.Total liabilities and equity in the years 2008 and 2009 were $ 548,535 and $ 587,767 respectively. They increased by $ 39,232 which was
Case Study 2: Chem Med #1 Chem-Med’s rate of sales growth in 2007 Sales Growth = ($3, 814000 – 3, 051000)/ 3, 05100 = 25% Forecasted in 2008 ($5,340,000 - 3,814,000)/ 3,814,000 = 40% Forecasted in 2009 ($7,475,000 – 5,340,000)/ 5,340,000 = 40% Forecasted in 2010 ($10,466,000 – 7,475,000)/ 7,475,000 = 40% # 2 Chem Med’s net income growth in 2007 Net income growth = (Net income this year - Net income last year) / Net Income last year = ($1,150,000 – 766,000)/ 766,000 = 50% Forecast in 2008 ($1,609,000 – 1,150,000)/ 1,150,000 = 40% Forecast in 2009 ($1,943,000 – 1,609,000)/ 1,609,000 = 21% Forecast in 2010 ($2,903,000 – 1,943,000)/ 1,943,000 = 49% The projected net income is growing slower than projected sales in 2009. In 2007, 2008, and 2010 the projected net income is growing faster than projected sales. An adjustment should be made since the income in 2007 was higher due to extraordinary gains that are non-recurring. The net income for 2007 should be reduced using the after tax amount. # 3 Chem –Med’s current ratio for 2007 Chem-Med's current ratio = Current assets / Current liabilities = $1,720 / $ 593= 2.90 Chem-Med’s current ratio for 2010 $3,261/ $ 1,647= 1.98 Chem-Med’s current ratio was a higher 2.90 compared to Pharmacia’s current ratio of 2.8.
The increase in advertising can be helping with increase in net sales which has also increased from 46,520,500 in year 12 to $6,858,600 in year 14. The interest income has decreased which may concern a banker looking to approve a loan. It would be good to invest the money in a more secure or profitable investments. Utilities and services have also increased from $238,000 to $260,000 in year 14. Contracts with utility companies can be re-negotiated.
The Good Night Motel’s rate is higher than the other mid range and low-end motels in the area by $15 and $25, respectively. We can conclude that Good Night Motel’s rates are in fact higher than most other motels in the area. This may be a contributing factor as to why their occupancy rates had dropped 7-15 percent across all seasons of the year during 2008-2012. The increasing competitive environment and current economic conditions are critical factors in examining the motel’s performance. Recently, Good Night’s performance has slightly improved.
This implies there is significant intrinsic value when combined with MidAmerican, the new customer base and economies of scale being the 2 most important factors. As a whole, Berkshire Hathaway has been astoundingly successful since 1965, overall comfortably beating the market, only being beaten in years where there is significant S&P 500 gains and suffering less of a loss of value during bad years. The MidAmerican investment has not been as
Financial ratios, especially when listed for multiple years in a row, can really expand what you are seeing on the financial statements with just a glance. The asset turnover ratio was decreasing towards 1 from 2000-04. As Krispy Kreme expanded assets were likely increasing. The fact that the ratio pushed from 2.1 to 1.01 in just four years shows those sales were not increasing proportionately with all the growth the company was experiencing. Exhibit 7: By a raising current ratio, we can see that Krispy Kreme is much more able to pay debt within the next year.
Its new income from operating expenses went up as well. In 2008 it was $38,229, in 2009 it was $46,758, and in 2010 it was $68,447. In North America and Canada, Under Armours net revenue in 2008 was $692,388, in 2009 it was $808,020, and in 2010 $997,816. In foreign countries it inclines as well. In 2008 Under Armours net revenue was $32,856, in 2009 it was $48, 391, and in 2010 it was $66,111.
This decision was based on an analysis of relevance costs of the fabric at specific quantities based on 2.5 year historical sales volumes. Incremental costs include direct labor, and materials. As shown below in Table 1, for years 1988 – 1989, total revenue minus relevant costs (both incremental and avoidable costs) turns out to be more profitable at the $3.00 price point than at the higher price point because of the increased demand. If BTC decides to stay at the $4.00 per yard price point that they have been employing during the first two quarters of 1990 then their contribution margin will not be as high (see table 1). One interesting point is that the highest contribution margin for BTC will result when both BTC and Calhoun & Pritchard (C&P) raised the price to $4.00; this is still true even with the 20% erosion in demand due to the fabric not being available at $3.00 mentioned in the text book (see table 2).
Hewlett Packard (HP): Moving on Table of Contents Overview of Organization 3 Preliminary Problem Statements 5 References 6 Overview of Organization The organization that our group will be discussing in this paper is Hewlett-Packard (HP). Today Hewlet Packard (HP) is one on the largest information technology corporation in the world.In 1939 Bill Hewlett & Dave Packard who build the company in a car garage in Palo Alto, California. “One of the company's earliest customers was Walt Disney Productions, which bought eight Model 200B oscillators (at $71.50 each) for use in certifying the Fantasound surround sound systems installed in theaters for the movie Fantasia” (Hewlett-packard, 2012, http://en.wikipedia.org ) & after that the HP was off and running. Today HP manufactures all sorts of electronic products but their initial focus was on test products like counters and voltmeters. They entered the computer market in 1966.