Comparative Ratio Analysis of Tootsie Roll Industries and Hershey Comapny A company’s general financial picture can be determined through a ratio analysis. Financial ratios have proved to be a useful tool for management, investors and creditors. Management uses financial ratios to develop ways to improve operating efficiency strategies for future growth and see how they stack up against the competition in their industry. Creditors and investors analyze ratios to determine a company’s financial strength and operating effectiveness in order to loan money or invest in them. Financial ratios have more impact when compared over several years to help identify trends.
In the event that the sales increase, the organization will create additional working capital, and can undoubtedly accomplish its yearly objectives. As stated by the organization's profit and loss statement, the organization must control its overhead costs and lessen its selling expenditures. After forecasting the five years sales there is an increase in sales from 15%, 10%, 25% and 50%. The gross profit will also increase every year from $697,428 to
They create budget plans for their customers so it can be affordable, and are able to receive the rest of the rest of the full payments at the end of the year. Its top competitors are American Electric Company, Constellation Energy Group, and CenterPoint Energy. Duke’s annual revenue is 24,598 million, it is the top electric company in the United States. Horizontal analysis is important because it is showing a trend in individual statements over time. The trends in are in percentage to evaluate the economic statistics for research in budget.
EXECUTIVE SUMMARY This report illustrates the current transportation costs for Crouse Hinds, Inc., analyzes those transportation costs, and recommends alternate transportation strategies with the intent to significantly increase efficiency, reduce risk, and reduce costs. In order to improve transportation efficiency and reduce costs, Crouse Hinds, Inc. should enact the following recommendations: * Consolidate Brunswick, ME and Windsor, CT shipments, annually pay $128,050 vice $202,650 and save $74,600 a year in transportation costs. * Consolidate everyday LTL shipments Inbound to Roanoke, VA from CA and OK into TL shipments at a frequency of once per week, negotiate FOB Shipping Point Collect, annually pay $394,500 vice $1,139,500
Kudler Fine Foods Frequent Shopper Program Team E Gio Smith University of Phoenix Management Information Systems CIS 205 Sue Julin July 7, 2011 Kudler Fine Foods Frequent Shopper Program Abstract Kudler Fine Foods has identified the need to track the purchases of customers. To do this they are preparing to launch a Frequent Shopper Program. This program will award points to customers to redeem for gifts and other services. To accomplish this, it is crucial to understand the history and make up of Kudler Fine Foods. The background of the company will reveal that they have experienced significant growth and are in need of expanding services.
Other key factors are to maintain a record of the inventory that is being sold so the store can better equip products in all three locales and provide for better product placement within all Kudler stores. The design trade-off approach for the project is as follows. A trade-off for the company to increase revenue will be the expenditures for the frequent buyer program, because essentially the company will not see a return profit for an allotted time. The implemented program will allow the company to see a small profit after the first year of the program being implemented. Another trade-off for the company will be the stores performance.
We must also expand sales to our newer customers by utilizing public relations activities, trade shows, brand development, and sales force promotions. These changes and implementing our recipes to reach our goals will help us reach our goals on a steadier track. Sixty percent of our incremental sales will come from our existing customers by the end of the year. We must take a consultative sales approach to understand the current needs of our customers and anticipate their future needs as well to satisfy and keep our existing customers. The other forty percent of our sales will come through new customers, therefore we must reach these new customer through trade shows and leverage market research reports.
Introduction Kudler Fine Foods is known for it’s operations, management, and marketing prowess. During the past few years, Kudler has experienced considerable growth within its respected market and is now looking to branch out into other markets where they can be competitive. The establishment of competitiveness in other markets will be triggered by how well Kudler can market itself in a struggling economy. It is important to analyze areas in which more marketing research is needed and to keep a watchful eye out on the competition. Strengthening areas of weakness that have little or no research will help Kudler stay ahead of the game in the months and quarters to come.
Corporate Actions We have successfully completed the initial set-up of our company and can now focus on achieving profitable operations and sustainable growth. Carpino Company proposes the following plan of action to achieve this goal. • A new manufacturing line will be introduced in the upcoming fiscal year to produce 80% of the company’s packaging and shipping supplies. This is expected to reduce cost of goods sold by 30% and operating expenses by 20%. • Negotiations with several of our supply chain partners are currently underway as part of our efforts to further reduce the cost of goods
Your shoppers must always be able to find these necessity items in stock whenever they are needed. These much needed products include household cleaners, health and beauty items, paper products and food items. As the current market structure of the dollar general store is important we look at the effect of government regulations. As seen in the last couple of years, DG has started offering advanced in-store services to their employees which in turn is passed to the consumers. However, more services can be added to attract consumers the best thing any business person can do is to get familiar with the country that you’re targeting.