Cardon carpet Mills, Inc. Case analysis Xinyu Kang i. Executive Summary In early July 2000, the possibility of establishing own distribution centers or wholesale operation was raised in Cardon Carpet Mills, Inc. Thus, Suzanne Goldman, the special assistant to the president of Cardon Carpet Mills, Inc. was given a task to prepare a position paper for the president. The company’s policy is to finance programs from internal funds except for capital expansion. In late September 2000, just as Goldman was about o draft her position paper for Robert Meadows, she received some stresses from their long-time co-operated wholesalers who threatened a mass exodus from Cardon Carpet Mills once the first company warehouse operation was opened.
Apollo would provide inflows of $255M in equity. Additional inflows would be provided through Time Warner’s equity commitment of $56M in the sale of office space a cost plus a development fee. The Mandarin Oriental Hotelier provided a $49M in equity necessary to build the hotel space. Lastly
The Goals are to increase occupancy rates, focus on business travellers and provide at least a 15% after tax return on any proposed investment. Operating profit for the banks must be at least 11% of revenue per year. We need to improve occupancy rates and attract more business travelers to GR Hotels given the funding and profitability constraints. There are 3 alternatives for GR Hotels. First, we can convert GR Hotels to an upscale hotel.
The formula S = C (1 + r)^t models inflation, where C = the value today r = the annual inflation rate S = the inflated value t years from now Use this formula to solve the following problem: If the inflation rate is 3%, how much will a house now worth $510,000 be worth in 5 years? 510000(1ⓜ┤+ⓜ0.03)^5 =591229.777893 591229.77789300005 Write 6 = log2 64 in its equivalent exponential form. 26=64 Write 8y = 300 in its equivalent logarithmic form. log 300 = log 8y log(3*100)=log 8y log 3+log100=log 8+log y log 3+2=log 8+log y log 8-log 3=log y-2 By log(A/B)=log A-log B, log (8/3)=log y-2 Hurricanes are some of the largest storms on earth. They are very low pressure areas with diameters of over 500 miles.
BECU Trust Company is a BECU’s confidential trust and investment management services help make life simpler when a member wants assets managed on his or her behalf (becu.org/wealth-management/trust-services.aspx). After nearly eight years launching through BECU, BECU Trust announced its plans to merge with MEMBERS Trust Co. where BECU Trust will gain ownership interest in MEMBERS Trust. If the plans are approved, the merger would make BECU one of the industry’s largest credit union-owned trust company (Samaad, July 20,
The first task you have is to hire a Human Resources Manager. What traits, skills, and knowledge should the candidates possess to be considered for the position? What would be the first steps you would take in the hiring process? Week 4 Role of Food and Beverage in the Hotel (graded) What are some of the Food and Beverage services commonly found in a hotel? When staying at a hotel do you use any of these Food and Beverage services?
Therefore, the average price per room during off-season would be ($10 + $15)/2 = $14 Variable cost per unit from question 1 equals to $2.54 per occupied room/day Therefore, Contribution Margin = $14 - $2.54 = $11.46 per occupied room/day Question 4. First of all, I need to calculate the general expenses of running the hotel during off-season. This would
For example, 75% of the bonus of Dermatology managers would be related to the division and 25% to the company as a whole. EVA improvement goals should be analized in the begining of each year in order to adapt to real expectations of the market, for bad and good situations. Timeline History 1945 1997 Foundation Maurice Vedrine is the new CEO (MBA of Insead, 15 years operational experience Europe and USA) Subsidiaries were being run as fifdoms Big Issue - How could these divisions work together to fuel continuing profitable growth? Main Goals of Vedrine as CEO - Implementing EVA (Economic Value Added) to measure company´s performance and payout bonuses; New EVA program is introduced Company´s structure is adpated to 15 subsidiaries EVA centers Company´s structure is adapted to 3 global business and 4 regions Global Business Regions Dermatology North America Internal Medicine Europe Veterinary Medicine Asia Latin America Dermatology share market jumps unexpectedly form 50 to 75%. Main competitor is shutt down for FDA (food and drug admin) Daniel Sanders (CFO) and Blake Myers (Controller) wonder about EVA
We chose those two rates because it matched the duration of the assets in both divisions. We anticipate the lodging division to have long life assets that may likely last around 30 years. And we believe the assets for restaurant may last closer to 10 years. The risk premium rate we used is 7.43% for lodging division and 8.47% for the restaurant division. These numbers were provided in Exhibit 5 of the case.
Vacations nowadays a very different from the 50s. A vacation now is a trip to Paris, Hawaii, or Cancun. They are more elaborate and we can book a hotel, and flight months before the trip. Eating out isn’t a luxury; it’s what everyone does now. There are many differences from the 1950’s and present but everything we have now is influenced by the