Free Essay

F2 Assignment

In:

Submitted By rajathkarthik
Words 2008
Pages 9
SAHARA INDIA AND FORCE INDIA
New Delhi: Sahara Group chairman Subrata Roy acquired a 42.5% stake in Force India, the Formula One team owned by liquor baron Vijay Mallya, for $100 million.
Sahara Group’s Subrata Roy. By Abhijit Bhatlekar/Mint
The sale of new shares to Roy will bring Mallya’s stake in Force India down to the same level—42.5%. Force India will be renamed Sahara Force India and Roy will take over as the chairman of the company, while Mallya will continue to be the principal and managing director of the team that is now ranked sixth in the constructor’s championship with 48 points.
“No shareholders sold stakes and the entire $100 million will go to the team,” Mallya said. “This partnership will enable the team to invest in technology. There is no scope for any other stakeholder to come in, but we are open for sponsorships.”
Mallya said he approached Roy and the deal was completed in record time.
The decision to sell the stake will help Mallya, who owned 75% of Force India before Roy’s investment, infuse funds into the racing team as he struggles to turn around other companies controlled by him, including Kingfisher Airlines Ltd. The development comes weeks after Mallya said Kingfisher Airlines will exit the low-fare segment that will do away with the Kingfisher Red unit.
The capital-starved Kingfisher Airlines, which hasn’t made a profit since its inception in 2005, had debt of Rs 7,057.08 crore as on 31 March. It posted a loss of Rs 1,027 crore on sales of Rs 6,496 crore in the year ended 31 March, compared with a Rs 1,647 crore loss on sales of Rs 5,271 crore in the previous year. The loss in the June quarter widened to Rs 263.54 crore from Rs 187.34 crore in the year earlier.
UB group’s Vijay Mallya. By Hemant Mishra/Mint
Silverstone, England-based Force India Formula One Team, which currently holds an Indian licence, was formed in October 2007, when a consortium led by Mallya and Michiel Mol bought the Spyker F1 team for €88 million. The Mol stake has been reduced to 15% from 25% after the investment. The stake sale to Roy values the Force India team at about $235 million, according to Mint’s calculation.
Apart from the Forumla One team, Mallya also owns Indian Premier League (IPL) cricket team Royal Challengers Bangalore, is building apartments, and controls the country’s largest brewer.
Sahara Group, which has interests in financial services, real estate, media and hospitality, is a major promoter of sports in India. Sahara owns IPL team Pune Warriors India and also sponsors India’s national cricket team. It had also supported the Indian national hockey team.
Shares of Mallya-controlled United Breweries Holdings Ltd gained 9.2% on Wednesday on reports that he was selling a stake in Force India to Sahara Group. The stake sale was announced after the end of trading on BSE. The Sensex rose 2.55% to 16,958.39, while the Kingfisher Airlines stock rose 2.97% to Rs 20.80.
On 7 October, Mallya had said he had no plans to sell the Formula One team and pledged his long-term commitment ahead of the country’s maiden Grand Prix, according to Reuters.
“As team principal, I will continue to run the team and I have no plans whatsoever to exit,” Mallya said at that time.
The country’s first Formula One Grand Prix will be held on 30 October on a 5.14km track in Greater Noida, Uttar Pradesh, being built by Jaypee Sports International Ltd.
Sahara has filed a defamation case in a Patna court against Mint’s editor and some reporters over the newspaper’s coverage of the company’s disputes with Sebi. Mint is contesting the case.

TATA STEEL AND CORUS
On 20 October 2006 the board of directors of Anglo-Dutch steelmaker Corus accepted a $7.6 billion takeover bid from Tata Steel, the Indian steel company, at 455 pence per share of Corus. The following months saw a lot of negotiations from both sides of the deal. Tata Steel's bid to acquire Corus Group was challenged by CSN, the Brazilian steel maker. Finally, on January 30, 2007, Tata Steel purchased a 100% stake in the Corus Group at 608 pence per share in an all cash deal, cumulatively valued at USD 12.04 Billion. The deal is the largest Indian takeover of a foreign company and made Tata Steel the world's fifth-largest steel group. Contents [hide] * 1 The involved companies * 2 Synergies between the two companies * 3 Counter bid by CSN * 4 Proposed funding of the deal * 5 The deal * 6 Timelines * 6.1 Final deal structure * 6.2 New Board formulation * 6.3 Strategic and Integration Committee * 7 See also * 8 References * 9 External links |
-------------------------------------------------
[edit]The involved companies
'Tata Steel', formerly known as TISCO (Tata Iron and Steel Company Limited), was the world's 56th largest and India's 2nd largest steel company with an annual crude steel capacity of 3.8 million tonnes. It is based in Jamshedpur, Jharkhand, India.[1][2] It is part of the Tata Group of companies. Post Corus merger, Tata Steel is India's second-largest and second-most profitable company in private sector with consolidated revenues of Rs 1,32,110 crore and net profit of over Rs 12,350 crore during the year ended March 31, 2008.[3][4]. The company was also recognized as the world's best steel producer by World Steel Dynamics in 2005. The company is listed on BSE and NSE; and employs about 82,700 people (as of 2007).
Corus was formed from the merger of Koninklijke Hoogovens N.V. with British Steel Plc on 6 October 1999. It has major integrated steel plants at Port Talbot, South Wales; Scunthorpe, North Lincolnshire; Teesside, Cleveland (all in the United Kingdom) and IJmuiden in the Netherlands. It also has rolling mills situated at Shotton, North Wales (which manufactures Colorcoat products), Trostre in Llanelli, Llanwern in Newport, South Wales, Rotherham andStocksbridge, South Yorkshire, England, Motherwell, Scotland, Hayange, France, and Bergen, Norway. In addition it has tube mills located at Corby,Stockton and Hartlepool in England and Oosterhout, Arnhem, Zwijndrecht and Maastricht in the Netherlands. Group turnover for the year to 31 December 2005 was £10.142 billion. Profits were £580 million before tax and £451 million after tax.
-------------------------------------------------
[edit]Synergies between the two companies
There were a lot of apparent synergies between Tata Steel which was a low cost steel producer in fast developing region of the world and Corus which was a high value product manufacturer in the region of the world demanding value products. Some of the prominent synergies that could arise from the deal were as follows : * Tata was one of the lowest cost steel producers in the world and had self sufficiency in raw material. Corus was fighting to keep its productions costs under control and was on the look out for sources of iron ore. * Tata had a strong retail and distribution network in India and SE Asia. This would give the European manufacturer an in-road into the emerging Asian markets. Tata was a major supplier to the Indian auto industry and the demand for value added steel products was growing in this market. Hence there would be a powerful combination of high quality developed and low cost high growth markets * There would be technology transfer and cross-fertilization of R&D capabilities between the two companies that specialized in different areas of the value chain * There was a strong culture fit between the two organizations both of which highly emphasized on continuous improvement and ethics. Tata steel's Continuous Improvement Program ‘Aspire’with the core values :Trusteeship,integrity,respect for individual, credibility and excellence. Corus's Continuous Improvement Program ‘The Corus Way’ with the core values : code of ethics, integrity, creating value in steel, customer focus, selective growth and respect for our people.
-------------------------------------------------
[edit]Counter bid by CSN
In November 2006, Brazilian steel marker Companhia Siderúrgica Nacional (CSN)challenged Tata Steel's proposal for acquisition. They countered Tata Steel's offer of 455 pence per share by offering 475 pence per share of Corus.
-------------------------------------------------
[edit]Proposed funding of the deal
Tata surprised the credit default swap segment of the derivative markets by deciding to raise $6.17bn of debt for the deal through a new subsidiary of Corus called 'Tata Steel UK', rather than by raising the debt itself. Tata's security credit rating is investment grade, whereas the new subsidiary may not be. The higher risk associated with raising debt through a subsidiary with a lower credit rating prompted Fitch Ratings to downgrade its rating of the credit swap risks in the takeover to 'negative'. Fitch also stated that Corus' responsibility for the debt may lead to Corus' own unsecured debt rating being downgraded. This does not affect the rating of bonds issued by Corus which are secured debt.
-------------------------------------------------
[edit]The deal | This section requires expansion.(November 2008) |
On January 31, 2007, following the lack of agreement on an offer, an auction process was triggered. Following the conclusion of the auction process (at an unprecedented length of nine rounds) conducted by the Panel in accordance with Rule 32.5 of the Code (the "Auction"), Tata Steel announced the proposed acquisition of Corus Group at 608p per share, that being 5p more than CSN's top offer of 603p. The final valuation of Corus was thus put at $12.04 Billion.
-------------------------------------------------
[edit]Timelines * On October 20, 2006, Tata Steel announced that it had agreed to pick up a 100% stake in the Anglo-Dutch steel maker Corus at 455 pence per share in an all cash deal, cumulatively valued at GBP 4.3 billion (USD 8.04 billion). * On November 19, 2006, the Brazilian steel company CSN launched a counter offer for Corus at 475 pence per share, valuing it at $8.4 billion. * On December 11, 2006, Tata preemptively upped the offer to 500 pence, which was within hours trumped by CSN's offer of 515 pence per share, valuing the deal at $ 9.6 Billion. The Corus board promptly recommended both the revised offers to its shareholders. * On December 11, 2006, CSN announced a formal offer for the Company at an offer price of 515 pence per Corus Share, valuing the deal at $ 9.6 Billion.. The CSN Acquisition would also be implemented by way of a scheme of arrangement and is subject to a pre-condition that either Corus Shareholders reject the Tata Scheme or the Tata Scheme is otherwise withdrawn by Corus or lapses. The Corus board promptly recommended both the revised offers to its shareholders. * Also on December 19, 2006, UK Watchdog the Panel on Takeovers and Mergers announced that the last date for each of Tata and CSN to announce revised offers for the Company, should they wish to do so, is 30 January 2007. They also warned that it would begin an auction procedure if the two remained in competition. * On January 31, 2007 Tata Steel won their bid for Corus after offering 608 pence per share, valuing Corus at $11.3bn
[edit]Final deal structure * $3.5–3.8bn infusion from Tata Steel ($2bn as its equity contribution, $1.5–1.8bn through a bridge loan) * $5.6bn through a LBO ($3.05bn through senior term loan, $2.6bn through high yield loan)
[edit]New Board formulation
A new board was formulated with representation from both the companies to provide a common platform for strategy and integration. * Mr. R.N. Tata will be the Chairman of Tata Steel and Corus * Mr. Jim Leng will be the deputy chairman of Tata Steel and Corus * Mr. B Muthuraman, Mr. Ishaat Hussain and Mr. Arun Gandhi to join the Corus board
[edit]Strategic and Integration Committee
A 'Strategic and Integration Committee' was formulated to develop and execute the integration and further growth plans. Appropriate cross functional teams were formed under this committee to look into specific issues.

hyderabad allwyn and voltas merger

Similar Documents

Premium Essay

Unit F2 Assignment 2

...Unit F2 Assignment 2 Filing systems 1. Why are filing systems essential when giving a thorough consultation to customers and completing their personal documentation? It will give a positive impression to clients and look more professional It is vital in maintain client confidentiality To build client trust in order that clients will feel safe giving you their personal information The salon will be more organised as client records will be easy to access 2. List the various methods of recording customer details and explain their importance. * Computer systems – Keeps client records safe and secure on the computer system. Professional and up to date records can be recorded. * Filing cabinets – Having a lockable and up to date filing system ensures that client records can be located easily. Can also be used as a back-up to the computer system. * Record cards – Individual client cards that are kept up to date are easy way of recording information whilst the client is with you. 3. What are the key points to consider when completing confidential documentation? * Follow Data protection Act. * Complete document and store away, do not leave lying around * Make sure it is legible * When gaining sensitive information from client ensure it is in a private area, away from other clients/staff 4. What principles will ensure that a filing system works efficiently and maintains confidentiality? *  Situated in a convenient place...

Words: 298 - Pages: 2

Free Essay

Traffic Modeling

...Traffic Modeling Paper Concepts of math can be displayed and solved in many different ways. There are equations, graphs, and word problems and several concepts that can be used as examples to help solve mathematical issues. In week four of this College Algebra class Learning Team B was present with an assignment involving a traffic model. The traffic model is the key to helping Learning Team B solve the problems the assignment presents. The traffic model represents a number of cars within the area at any given time represented by letters. Learning team B must solve questions based on this model. There are several equations that were made in order to prove that the numbers of cars entering and leaving each intersection must be equal to keep traffic moving smoothly. Variables f and g are independent variables. This means that variables a through e are dependent on variables f and g. The number of cars at intersection a depends on how many cars turn from intersection f. The number of cars at intersection b depends on how many cars turn right from intersections f and g. This tells you that there are infinitely many solutions since the number of cars that turn onto Elm from Oak, Pine, and Aspen vary. Similarly the number of cars that turn onto Maple from Oak, Pine, and Aspen also vary. To list two acceptable traffic flows first let variable f be equal to 365 cars/hr and let variable g be equal to 400 cars/hr. Variable a would be equal to 850-365, which equals 485 cars/hr. Variable...

Words: 1174 - Pages: 5

Premium Essay

Week 2 Assigment

...Week 2 Assignment: Understanding Effective Money Management Assessment A, Part 1: Creating a Personal Financial Statement - Assets | 1 point | Car: Bluebook value $1250.00Cash: $378.00Savings Accounts: $826.00 | Assessment A, Part 2: Creating a Personal Financial Statement - Debts | 1 point | Rent: $750.00Electric/ Gas bill: $131.75Cable/ internet/ Phone bill: $80.42Credit Card: $31.00Cell phone bill: $72.37 | Assessment A, Part 3: Identify Money Management Tool | 1 point | Explain to Monica how the money management tools were identified. | Students should explain how they evaluated various cash management products and services. | Assessment A, Part 4: Creating a Personal Financial Statement – Steps | 1 point | Drag the steps listed on the right into their correct sequences on the left. When done click the Send button | Step 1: I got all my financial stuff together – bills, loans, bank statements, etc. | Step 2: I balance my checkbook. | Step 3: I decided what were my assets and what were my debts. | Step 4: I enter my assets in the program. | Step 5: I enter my debts in the program. | Step 6: The program gave me a Net worth figure at the end. | Assessment B: Creating a Monthly Cash Flow Statement ...

Words: 255 - Pages: 2

Free Essay

Misconceptions of Algebra

...Diagnostic Algebra Assessment Definitions Categories Equality Symbol Misconception Graphing Misconception Definition Concept of a Variable Misconception Equality Symbol Misconception As algebra teachers, we all know how frustrating it can be to teach a particular concept and to have a percentage of our students not get it. We try different approaches and activities but to no avail. These students just do not seem to grasp the concept. Often, we blame the students for not trying hard enough. Worse yet, others blame us for not teaching students well enough. Students often learn the equality symbol misconception when they begin learning mathematics. Rather than understanding that the equal sign indicates equivalence between the expressions on the left side and the right side of an equation, students interpret the equal sign as meaning “do something” or the sign before the answer. This problem is exacerbated by many adults solving problems in the following way: 5 × 4 + 3 = ? 5 × 4 = 20 + 3 = 23 Students may also have difficulty understanding statements like 7 = 3 + 4 or 5 = 5, since these do not involve a problem on the left and an answer on the right. Falkner presented the following problem to 6th grade classes: 8 + 4 = [] + 5 All 145 students gave the answer of 12 or 17. It can be assumed that students got 12 since 8 + 4 = 12. The 17 may be from those who continued the problem: 12 + 5 = 17. Students with this misconception may also have difficulty with the idea that adding...

Words: 797 - Pages: 4

Free Essay

Prg/211 Calorie Count Tool

...Team B Calorie Count Tool PRG/211 May 5, 2014 Team B Calorie Count Tool PROBLEM STATEMENT Team B was asked to develop a program which would calculate the user’s daily intake of calories and measure those calories against the overall calories expended. The core purpose of this program will do two primary functions. First, it will record the user intake of calories as acquired through meals throughout the day. Second, the user will record caloric output associated with physical activity. This information will be calculated together to determine the caloric surplus or deficit for the user. In order for the program to execute accurately, and provide customized results, the user will be required to input personal data to include gender, age, weight, and height. This additional information is essential to determine the user’s default caloric burn rate, otherwise known as the basal metabolic rate (BMR). The BMR and the calories burned as a result of physical activity will be calculated against the intake of calories to determine the overall success for the user. As the program is executed it must: * Record user name, age, height, weight to enable more accurate calculations * Record the users specific caloric values entered for each meal * Record the user activity and caloric burn values for that activity * Calculate the basal metabolic rate (BMR) for the individual * Subtotal the total caloric values for the day * Combine the physical activity and...

Words: 1524 - Pages: 7

Premium Essay

Student

...Problem Solving with Computing Homework - WEEK 2 [30 points] This is a review of some of the material from Chapter 2 and lectures from class. No credit for answers that are copies or near verbatim transcripts – please use your own words1 and document sources where appropriate. 1 This will apply to all assignments in this class. Answer the following questions: Chapter 2 1. Short Answers [1 point each, 2 points total] 1. What does a professional programmer usually do first to gain an understanding of a problem? The first thing that a professional programmer usually do first to gain an understanding of a program is to closely relate customer (Interview ) to inquire or gather information about the problem. 2. What two things must you normally specify in a variable declaration? The two things normally specified in a variable declaration are the variable type and identifier. 2. Algorithms / Pseudocode [1 point each, 5 points total] 1. Design an algorithm that prompts the user to enter his or her height and stores the user’s input in a variable named height. Declare height Display “Enter Your Height” Input Height Display “Height” 2. Write assignment statements that perform the following operations with the variables a and b. - Adds 2 to a and stores the result in b. - Subtracts 8 from b and stores the result in a Set b=2+a Set a=b-8 3. Write a pseudocode statement that declares the variable cost so it can hold real numbers. Floating Point-Variable...

Words: 1823 - Pages: 8

Free Essay

Mobile Service Provider

...11108944 Name: ASHWINI KUMAR Roll No. : RE3R02B32 PART- A 1. Ans :- (a) unary and ternary operator Unary operator:- It pecedes an operand . The operand (the value on which the operator operates ) of the unary operator must have arithmetic or pointer type and the result is the value of the argument. Example:- If a=5 then +a means 5 If a=0 then +a means 0. If a=-4 then +a means -4. Ternary operator:- It precedes an operand. The operand of the unary operator must have arithmetic type and the result is the negation of the operand’s value. Example:- If a=5 then –a means -5 If a=0 then –a means 0 If a=-4 then –a means 4. (b) Assignment and equalto operator Assignment operator:- Equal to operator: An assignment operator assigns value In this we put the To a variable. value as it is. Example – Example- a*=5 means a=5*5. Int a; a=5 means a is initialized with 5 if(a==5) { return true; } return false; (c) Expression and statement Expression:- An expression is any valid combination of operators , constants , and variables. Example:- ...

Words: 399 - Pages: 2

Free Essay

Book Report

...Selection statements Selection is used to select which statements are to be performed next based on a condition being true or false. Relational expressions In the solution of many problems, different actions must be taken depending on the value of the data. The if statement in C I used to implement such s decision structure in its simplest form – that of selecting a statement to be executed only if a condition is satisfied. Syntax: if(condtion) statement executed if condition is true When an executing program encounters the if statement, the condition is evaluated to determine its numerical value, which is then interpreted as either true or false. If the condition evaluates to any non-0 value (positive or negative), the condition is considered as a “true” condition and the statement following the if is executed; otherwise this statement is not executed. Relational Operators In C Relational operator | Meaning | Example | < | Less than | age < 30 | > | Greater than | height > 6.2 | <= | Less than or equal to | taxable <= 200000 | >= | Greater than or equal to | temp >= 98.6 | == | Equal to | grade == 100 | != | Not equal to | number !=250 | In creating relational expressions, the relational operators must be typed exactly as given in the above table. Thus, although the following relational expressions are all valid: age > 40 length <= 50 temp >= 98.6 3 < 4 flag == done day != 5 The following are invalid: length =< 50 ...

Words: 1617 - Pages: 7

Free Essay

Study Habits

...STUDY HABITS OF SECOND YEAR BS-AVTECH STUDENTS OF PATTS COLLEGE OF AERONAUTICS S.Y 2013-2014 An Undergraduate Research Presented to The Languages Department of PATTS College of Aeronautics In Partial Fulfillment of the Requirements for the course ENGL 211 – Technical Report Writing By Guevarra, Giorgio Martin C Guevarra, Lorenzo Miguel Jang, Jose, Yosalina, Leo Xander March 2014 ACKNOWLEDGEMENT The researcher would like to express our thanks to the lord. Our God for his guidance towards everything we do In life, including this study that we had made, and for being an inspiration for us all to do our best in life. We give our thanks to Ms. Karen M. Millano, our adviser for ENGL 211, for carefully and patiently guiding us so that we may finish the thesis research, and for supporting us and believing in us, that we can accomplish our task finishing the thesis. To the respondents of this study, we express our gratitude because without them, this thesis research would not have been completed, we thank them for allowing us to conduct a survey during their spare time, and their patience and integrity in answering the survey. To our parents, for their support and everlasting patience and understanding for us. And lastly to our classmates, since they have been with us since the beginning of the semester and they had been our companions in everything we do for the subject ENGL 211. ABSTRACT STUDY HABITS OF...

Words: 413 - Pages: 2

Free Essay

Engeenering

...SCHOOL OF ENGINEERING YEAR 3 MECHATRONICS ASSIGNMENT LAB REPORT Reading an Analogue Voltage from a Potentiometer to turn a Motor on and off with reading of 40 Assignment 2 Owais Jahanzeb BENG Mechanical Engineering with buissness Lecturer: Dr. Tom Shenton Aim & Objectives The aim of this lab is to develop a functioning program for the PICDEM board to read an analogue signal from a potentiometer and turning a motor on or off if the signal exceeds a certain limit. The program should depict the function that it should turn the motor ON and OFF if the potentiometer reading is less than or equal to 40. The practical uses of such program can be seen in automotive , injection moulding machines, wood processing machines, modern temperature controlled plants, speed control torque operations. Developing Program 1 Figure 1. The schematic circuit & PICDEM board configuration for Program Figure 1. The schematic circuit & PICDEM board configuration for Program The objective of program is to read the correspondent voltage analogous to the potentiometer position and switch the motor on if the reading is over 40 and switch it off if the reading is less than or equal to 40, the value can be adjusted by twisting the screw clockwise and anticlockwise. The program works by implementing the following code. PIC program for Test of potentiometer with value less equal to 40 with comments: include <p16f917.inc> extern DisplayDigit1, DisplayDigit2...

Words: 427 - Pages: 2

Premium Essay

Andy Owes Bill a Debt.

...Law Written Assignment 3 Case Study 1 Parks, a 7-foot, 265-pound center for the San Diego Slick, objected when his contract was assigned from the ABC Corporation to the XYZ Corporation, the team’s new owner. The change of owners did not cause a change in the composition of the team although a new coach was hired. Parks’s compensation and his responsibilities remained the same. Was this contract assignable? Facts of the Case: 1) Parks contract was assigned from the ABC Corporation to XYZ Corporation. 2) Parks compensation and his responsibilities remained the same. Issues: 1) The reason why we are in court today is to identify if Park’s contract was assignable. Rules of the Law: 1) Personal Service Contract – The parties agree that a personal service contract may be assigned. This allows the trade of an athlete from one team to another team. 2) Notice of Assignment – Assignee is under a duty to notify the obligor that the assignment has been made and performance must be rendered to the assignee. 3) Anti-Assignment Clause – Prohibits the assignment of rights under the contract. 4) Approval Clause – requires that the obligor approves any assignment of contract. Analysis & Conclusion: Since we do not have all the facts we can assume the following: 1) Parks contract did include the Personal service contract. 2) Notice of assignment was made by XYZ Corporation. 3) Parks contract did NOT include Anti-Assignment Clause. ...

Words: 495 - Pages: 2

Free Essay

Management Accounting

...Management Accounting Individual Assignment 1. Variable manufacturing cost per unit = (323,000,000-160,000,000-24,000,000-100,000,000) 850,000 = $45.88 per unit Fixed manufacturing cost per unit = $100,000,000 850,000units = $117.65 per unit Total manufacturing cost per unit= 45.88+117.65 = $163.53per unit 2. Fixed overhead rate= $100,000,000 800,000units =$125 per unit Production volume variance= (850,000 X 125)-(800,000 X 125) =$106,250,000-$100,000,000 = $6,250,000 Favourable 3. Absorption costing. | $ | $ | SalesLess: Cost of goods soldOpening inventoryProduction(850,000 X (255+125))(-)Ending inventory(30,000 X 405)Gross MarginAdjustments for production variance(850,000-800,000)x125Operating Income | 0323,000,000(11,400,000) | 450,000,000(311,600,000) | | | | | | 138,400,0006,250,000F | | | 144,650,000 | Income Statement for the year ended 31December 2012 4. Variable Costing Income Statement for the year ended 31 December 2012 | $ | $ | SalesOpening inventoryProduction(850,000 X 255)(-)Ending inventoryContribution MarginFixed factory overheadOperating income | 0216,750,000(7650,000) | 450,000,000(209,100,000) | | | 240,900,000(100,000,000) | | | 140,900, 000 | 5. Based on the calculations of absorption costing and variable costing for the year 2012,it would be better to calculate and measure using the absorption costing...

Words: 288 - Pages: 2

Free Essay

Eopp

...Reflection assignment In this assignment I will be using the Gibbs Reflective Model, reference, to reflect on an incident that occurred in placement that demonstrates an understanding of the Outcome : 3.1: Demonstrate that they respect diversity and individual preferences and value differences, regardless of their own personal views. To do this I will first, briefly describe the event, supporting my outline with relevant information. I will then explore the event, and discuss why it is important and how it relates to the learning outcome. I will also be discussing why materials such as law and guidelines say this is important. I will then proceed to analyse the incident by breaking it down and picking out the main features of the experience, discussing why they are important, whilst linking the main points together. I will attempt to think about opposing arguments to what I have explored, and discuss the advantages and disadvantages of the arguments. Finally I will be using SMART goals, to create an action plan for future development. Explain incident with evidence Whilst on a shift, we had an elderly patient arrive on the ward. The patient suffered from a Frank Haematuria, Colovesciular fistula as well as incontinence. It was suggested that the patient received surgery to have this corrected, but the patient refused surgery, stating that at his age he did not want to go through with it, and wanted to put a DNAR in place. I along with the other nurses respected his choice...

Words: 370 - Pages: 2

Premium Essay

Sfds

...ASSIGNMENT - 3 Answers 1 Answer 2 Answer 3 4. For what types of workloads does SJF deliver the same turnaround times as FIFO? ANSWER: - In the above case if the jobs are same in size or the jobs periodically applied (i.e. first shortest job then later second shortest job and continues) then the turnaround time of SJF is same as FIFO. 5. For what types of workloads and quantum lengths does SJF deliver the same response times as RR? ANSWER: - The response time delivered by SJF is equal to the response time of RR but this happens only when all the jobs arrived are at the point when the planning quantum of RR is bigger than the bigger occupation to be administrations in order of increasing size. 6. What happens to response time with SJF as job lengths increase? Can you use the simulator to demonstrate the trend? ANSWER: - If you suppose the length of the job increases then average response time varies (increases).If every job is sorted in increasing job order than the last job response time will be equal to the sum of current job and previous (n-1) jobs. In this way if the size of the job increases the response time will also increases for all larger jobs. 7. What happens to response time with RR as quantum lengths increase? Can you write an equation that gives the worst-case response time, given N jobs? ANSWER: - In the case of RR, the response time increases as the quantum lengths increases. This happens because the waiting time of a process for its turn to...

Words: 286 - Pages: 2

Free Essay

Week 5 Assignment

...Janell Taylor 10/23/12 Implicit Test I found the test to be very interesting and I don’t like timed tests because I need time to think about my answer to be sure and confident about my choice. I don’t agree with the results because they said I made too many errors and I don’t understand that because that was just one part where I was making too many errors. It has helped me out in those areas of different topics, but I just wish I had more time. I guess I would say that the answers wasn’t valid enough for me because it didn’t really give me a score because I made too many errors, so I don’t agree with that too much. I believe prejudice is difficult to measure because I don’t agree with it and don’t like the fact that it’s very big and can get worse if we don’t come together to get in one accord to help each other and make the world better to live in dealing with different people and feelings. I think measuring prejudice can be a tough thing to deal with and handle because of the many people that are prejudice, which are hurting and harming many situations and people that’s trying to make it while being equal to everyone regardless of what. I would have to take the test over to get a better score because I felt that wasn’t fair because I made too many errors to get a...

Words: 252 - Pages: 2