Table of Contents Executive Summary 3 Introduction 4 Analysis of Alternatives 5 Alternative 1: Introduce a new product 5 Alternative 2: Increase promotion 6 Alternative 3: Raise prices and cut costs 7 Recommendations 7 Appendix: Budgeted Income Statements & the Rate of Growth in Profits 9 Executive Summary Shepard Poles is a manufacturing company that has been providing specialized poles in the market for over ten years. Shepard Poles has about three different product lines: hiking poles, downhill ski poles, and cross-country ski poles. According to the calculation on current operating data, the company has incurred a operating loss of $ 165,000 this year. If any new strategic initiatives are not implemented next year, the unit sales and all costs are expected to rise about 7 percent and 2 percent respectively. However, this situation would make the company incur more loss next year, which is about negative $ 293,586.
Without the implementation of Eaton’s strategy Chrysler’s credit rating would be poor. And they would not have enough cash to run operations smoothly also they would probably be bankrupt or taken over. However due to other external factors not related to Eaton’s $7.6 Billion strategy Chrysler suffered. Even though the strategy looks negative it worked. The auto industry can suffer a lot from positive and negative changes in the economy and interest rates hence auto companies should set aside cash for bad times.
• debit to Allowance for Doubtful Accounts for $3,300. Multiple Choice Question 182 The financial statements of the Melton Manufacturing Company reports net sales of $300,000 and accounts receivable of $50,000 and $30,000 at the beginning of the year and end of year, respectively. What is the average collection period for accounts receivable in days? • 60.8 • 96.1 • 36.5 • 48.7 Find the final exam answers here ACC 291 Final Exam Answers Multiple Choice Question 119 Stine Company purchased machinery with a list price of $64,000. They were given a 10% discount by the manufacturer.
• debit to Allowance for Doubtful Accounts for $3,300. Multiple Choice Question 182 The financial statements of the Melton Manufacturing Company reports net sales of $300,000 and accounts receivable of $50,000 and $30,000 at the beginning of the year and end of year, respectively. What is the average collection period for accounts receivable in days? • 60.8 • 96.1 • 36.5 • 48.7 Find the final exam answers here ACC 291 Final Exam Answers Multiple Choice Question 119 Stine Company purchased machinery with a list price of $64,000. They were given a 10% discount by the manufacturer.
When assets price bubble burst, people tend to save money rather than spend money. It arouse market and liquidity risk. Companies and all kinds of industries become harder to make money and gain profits. Therefore, these have done a very serious harm to the real economy. Further more, macroeconomic risk appeared.
At present, Bessemer’s shareholders are hoping for a higher dividend and cutting it would only upset these shareholders. This decision would also signal poor cash flows, lowering the firm’s value with the cut. Along with this, the firm could be up for a hostile takeover if large blocks of stock are liquidated at once. However, with a lowered stock price, aggressive growth investors may be willing to pick up the slack, thus increasing the stock price and avoiding any possible takeover. Another option for Bessemer is to change their dividend strategy entirely.
Wilkerson Company HBS Case Analysis I. Competitive Situation of the Wilkerson Company’s Product Lines The Wilkerson Company is experiencing a gloomy financial performance as indicated by the recent dip in the corporation’s overall profits. The company primarily produces valves, pumps, and flow controllers. Each of the three products are encountering varying competitive situations, however, the pumps are weathering the most dire situation in terms of financial performance and has been attributed as the main cause of the decline in company profits. Wilkerson had been forced to slash prices on their highly recognized and high-volume commodity product line, the pumps, in efforts to maintain their competitive ranking as a major pump supplier and in response to the reduction of pump prices by competitors in the marketplace.
Shell’s net income also rose to $6.98 billion in the 3rd quarter of 2011, an increase of 100% from the previous year. Does it even seem possible that these companies have posted such high earnings while the rest of the world is in a recession? While oil prices rose due to instability in the Middle East, specifically Libya, oil production was completely halted. How is that feasible in a highly regulated industry? To effectively delve into this topic, we need to examine this from two standpoints: ethical and legal.
$3,000,000 of the inventory happened secondary to a reversal of a previous write down, which was incurred in 2002. There may be questionable tactics involved and the account warrants further analysis. k) The overall decrease in sales and gross profit was due to a new player entering the market. With the entrance of “Stampy”, Elite had to cut their prices, in order to maintain their current market share. This would explain the difference in gross profit and sales revenue.
In fact the groups within the right such as the Freikorps and consul organisation showed an increasing amount of violence because of their lack of support on democracy, which of course created a tremendous threat to the Weimar Republic. To an extent one could argue that the economy was a major threat to the stability of the Weimar Republic in the period 1919-1923 due to the severe reparation payments. The Treaty of Versailles stipulated that Germany had to pay reparations for the damage which was caused in WW1. The poor leadership and economic problems consequently led to a German defeat. In 1921, the total amount of reparations was set at 269 billion gold marks.