...| 577250 | | 577250 | | | | | Loss Of Sales | | | | Lost unit sales | 3000 | | | S.P. | 110.05 | | | Variable Cost P.U. | 66.55 | | | Contribution | 43.5 | | | Sales Loss | 130500 | | -130500 | | | | | | | | | One Time Set Up Cost | | | -5000 | | | | | | | | | Net Additional revenue | | | 441750 | The relevant cost of producing challenger bike is 69.2 plus 5000 one time cost, this cost of 5000 is small enough to be written off in first year. On the basis of calculation made, there is an addition to the gross profit to the extent of 441750. 2. What is the “relevant” cost (on per bicycle basis) of carrying the working capital investment involved in the challenger deal? Inventory Costs | | yearly | | monthly | P.U | Total | Materials | | 25000 | 2 moths | 4166.67 | 39.8 | 165833.5 | WIP | | | | 1000 | 54.5 | 54500 | Finished Goods | | | | 500 | 69.2 | 34600 | Goods delivered to warehouse | | 25000 | avg 2months | 4166.67 | 69.2 | 288333.6 | A/R 30 days | | 25000 | 30 days | 2083.33 | 69.2 | 144166.4 | total inventory costs | | | | | |...
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...Mark and Spencer vs John Lewis Partnership Contents Introduction 2 Mark and Spencer: 2 Competitors: 3 John Lewis Partnership 4 Factors affecting financial Performance: 5 Analysis of Data Available 6 Revenue and Growth: 6 Profitability Ratios: 6 Gross Profit: 7 ROCE: 7 Net Profit Margin 8 Net Asset Turnover 8 EBITDA/Capital employed 9 Activity Ratios 9 Debtor days 9 Creditor days 10 Stock days 10 Cash Conversation Cycle 11 Sales/net current assets 12 Liquidity ratios 13 Current Ratio 13 Quick Ratio 13 Gearing Ratios 13 Capital Gear Ratio 13 Debt/Equity Ratio 14 Interest cover and interest gearing 14 Investor ratios 14 Return on equity 14 Dividend per share 14 Earnings per share 15 Dividend cover 15 Price/earnings ratio 15 Dividend yield 15 Earnings yield 15 Appendix: 18 Key Facts 19 Introduction Mark and Spencer: History: The foundation of Marks and Spencer plc was laid when Michael Marks, a small retailer, entered into a partnership with Tom Spencer, who was a cashier at a wholesale company, in 1894. In 1901, they acquired a warehouse in Manchester and in 1904, acquired retail premises in Leeds. In 1914, when the company was being run by their successors, Marks & Spencer bought the Penny Bazaar Company in London. In 1920, they adopted a policy change, and instead of buying from wholesalers started buying directly from manufacturers. In 1926, they started selling textiles, and in 1930 opened their flagship store at Marble Arch in London...
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...RUNNING HEAD: Songdarts.com financial planning LVJCBC Group C Financial Planning and Projections Vanansio Samson & Benibo George MGMT 600 Professor Catherine Grogan Keller Graduate School of Management June 16, 2013 Start-up cost: 1. Songdart.com have raised $100,000 and seeking for additional $200,000 to start the online music business through the Boston Harbor Angel Investors, whose role in financing companies in Internet/Web services, medical devices, consumer products, and other business products has been tremendous since 2004. Since Songdarts.com business falls under the category of the Web base business, and The Boston Harbor requirements involve the value of business plan, potential growth, and the musical industries, therefore, Songdarts.com is eligible under the investor’s requirements through the following set-up: (bostonharborangels.com). 1. The company’s business plan value, potentiality to growth, and strong management team. 2. Familiarity of the music industry and the latest computing cloud technology that will be applied The investment will cover the development stage of the company, our intention is to have a long-term plan that will allow Songdarts.com to mature into a profitable business by adding values that would help the company grow while expect to achieve a higher return on Investment. Projected starting month and year is; January, 2014. Important Assumptions The following gives us a...
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...A SUMMER INTERNSHIP PROJECT (SIP) REPORT ON RATIO ANALYSIS UNDERTAKEN AT KRISHAK BHARATI CO-OPERATIVE LIMITED Submitted By: SINDHUJA YADAV (117040592015) Guided By: PROF. SNEHLATA PATNAIK (Assistant Professor) MBA PROGRAMME (YEAR 2011-2013) A SIP REPORT SUBMITTED TO GUJARAT TECHNOLOGICAL UNIVERSITY IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION [MBA] BHAGAWAN MAHAVIR COLLEGE OF MANAGEMENT (MBA) Sr.no.149, near ashirwad villa, new city light road, Bharthana, vesu, surat-395007 Www.bmefcolleges.edu.in PREFACE Summer Training is an important and a fundamental part of Post Graduation curriculum. I had undergone a practical training under KRIBHCO, SURAT. It was a good exposure for me to undergo training in such a company to get the knowledge and experience. Summer training is one of the major experiencing components of the knowledge, gain of relevant information with respect to finance and dealing with situations in a professional course like Post Graduation where a professional person faces different problem. Thus, I would say that this training was beneficial, educative & good exposure to me, which will certainly help in my near future. According to an old saying there is a huge difference between to say and to do. To take theoretical knowledge is important but it becomes more valuable when we apply it in the practice. Under this study I have put in my best efforts to make this project successful. ...
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...Internship Report On “GSK’S Financial Performance Trend Analysis” Azizur Rahman Submitted By:- 08104091 _ _ _ _ _ _ _ _ _ _ _ _ _ 400 BUS – Spring 2012 . Jabir Al Mursalin Submitted To:- MdLecturer of BRAC Business School BRAC University Dept: BBS Date of Submission: 24th May, 2012 Letter of Endorsement The Internship Report entitled GSK’S Financial Performance Trend Analysis has been submitted for partial fulfillment of the requirements for the degree of Bachelor of Business Administration, Major in Marketing & Finance Faculty of BRAC Business School on Spring 2012 by Mr. Md. Jabir Al Mursalin, Id # 08104091. The report has been accepted and may be presented to the Internship Defense Committee for evaluation. (Any opinions, suggestions made in this report are entirely that of the author of the report. The University does not condone nor reject any of these opinions or suggestions). ______________________ “Mr. Md. Jabir Al Mursalin” Lecturer...
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...Internship Report On “GSK’S Financial Performance Trend Analysis” Submitted By:- Azizur Rahman 08104091 _____________ BUS – 400 Spring 2012 Submitted To:- Md. Jabir Al Mursalin Lecturer of BRAC Business School BRAC University Date of Submission: 24 May, 2012 Dept: BBS th Letter of Endorsement The Internship Report entitled GSK’S Financial Performance Trend Analysis has been submitted for partial fulfillment of the requirements for the degree of Bachelor of Business Administration, Major in Marketing & Finance Faculty of BRAC Business School on Spring 2012 by Mr. Md. Jabir Al Mursalin, Id # 08104091. The report has been accepted and may be presented to the Internship Defense Committee for evaluation. (Any opinions, suggestions made in this report are entirely that of the author of the report. The University does not condone nor reject any of these opinions or suggestions). ______________________ “Mr. Md. Jabir Al Mursalin” Lecturer Academic Internship Supervisor Transmittal Message May 24, 2012 Mr. Md. Jabir Al Mursalin Lecturer BRAC Business School Subject: Letter of Transmittal Dear Sir, I am taking the opportunity to submit the report on “GSK’S Financial Performance Trend Analysis" as a requirement of my internship at GlaxoSmithKline Bangladesh Ltd. under the BBA Program of BRAC University -Bangladesh I worked as an Intern in the Secretarial & Legal Division at GSK Bangladesh Ltd. for 12 weeks gaining a working knowledge of the various finance...
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...creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders h. Marketing 9. The activity in which two or more parties give something of value to each other to satisfy perceived needs is known as i. Exchange 10. The societal marketing concept is j. The view that an organization should discover and satisfy the needs of its consumers in a way that also provides for society’s well being 11. Which of the following conditions must exist in order for marketing to occur k. Two or more parties with unsatisfied needs, a desire and ability to satisfy them, a way to communicate, and something to exchange 12. The ratio of the sales revenue of the firm to the total sales revenue of all firms in the industry, including...
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...market value of a share. Arnold (2008) pointed out that by maximizing the flow of dividends to shareholder through a period of time can maximize shareholder wealth. In another words, a company needs to invest to bring in profits in order to MSW. But before any projects are undertaken, they have to be analyzed to prevent the shareholders wealth being destroyed. As Arnold (2008) states that poor appraisal technique can destroy the shareholder’s wealth. Based on the study manual of the University of Sunderland (2004), the four most commonly used techniques for appraising capital investment projects are listed as below: Payback Method Megginson, Smart and Gitman (2007) mentioned that the Payback Method is the simplest capital budgeting Decision-making tool, and is widely used in small firms. They also said that projects with the shortest Payback Period (PB) are chosen, and PB is defined as the time taken for a given project’s cumulative cash flows to recoup the initial investment. Appendix 1 illustrates the calculation of PB for projects X and Y. The PB for Project X is 2 years and 4 months, and for Project Y is 1 year and 9 moths. In this case, Project Y will be chosen because of the shorter PB. However, Project Y doesn’t bring in as much profits as Project X can, in the long-run, as this technique ignores the cash flows occurred after the PB, which doesn’t help with the MSW and is more suitable to be used in a short-term project. And it ignores time value of money...
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...crisis level. 5. A culture of complete sloth in administration. 6. Complete lack of ownership. 7. Lack of responsibility for results and failures. 8. Deeply ingrained corruption in all levels. 9. Instead of renting out unused iconic portions of Nariman point building , for the huge sum the debt ridden airline is paying Rs. 22 lakh each month for its upkeep , 15 of its 23 florrs are lying vacant. 10. Old gas guzzling aircrafts still running 11. Poor marketing and campaign management competitiors like spice jet and kingfisher do effective marketing. 12. Employees not paid salaries. 13. Employee strikes further taking it out of business and competitors taking advantage. 14. The airline has not posted a profit since merging with duopoly partner Indian Airlines in 2007 and relies on hand outs from new delhi to survive. Flight to survival: It needs to 1. Secure a massive debt and operational overhaul if it is to survive in a market growing at 20% a year. 2. $ 4 billion of working capital debt 3. Privatisation – free from government interference 4. To lure customers and grab market share 5. To lease some of the 14 floors lying idle in the south Mumbai to raise about $1 billion over 5 years. 6. To clear $9 billion in debt as well as outstanding dues both to airport delevopers and state oil firms. 7. To tackle a bloated cost structure , a difficult task given a work force...
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...House of Tata – Acquiring a Global Footprint Group 1 Bhuvan Bajaj Karan Bahl Raki Jain Trivikram Apte Vinayak Pareek Yan Yan Huang House of Tata – Acquiring a Global Footprint Executive Summary What and how did TATA emerge as a Multi Brand? Founded in 1868 by Jamshetji N. Tata as a trading firm Textiles in 1874 India’s first luxury hotel in 1903 First private steel company in 1907 First airline in 1932 First software firm in 1968 Liberalization of the Indian Economy and the changes that it brought to TATA’s way of doing business Ratan Tata becomes chairperson in 1991 • • First objective: Streamline group portfolio Some groups diversified and others organized around seven sectors 2 Major global expansions In 2000, Tata groups started internationalized operations and 65% of collective revenues were expected to come from outside India 1. Tata Consultancy ServicesWhy TCS, the group’s tech and consulting giant underwent its evolution at a much faster rate than the other Tata companies, in a sense became more global. And they perceived more growth in the foreign market and had to expand globally, TCS accounted for $27.8 billion of Tata’s $59.5 billion market capitalization as of August 2007 2. TitanExpanded globally but suffered high losses thus established itself as an NRI brand, especially in the Middle East. 3. Indian Hotels Company – TAJ Hotel Group Began globalization in 1982, Tata purchased 51 Buckingham gate and St. James court hotel which was later branded as...
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...Chapter: Working Capital Management 1.Definition of Working Capital: 1.The capital which is required to finance current assets is called working capital. 2. That is in operating daily business of the firm effectively, some resources are needed and the capital which are needed to finance, these resources is called working capital 3. “Working capital may be defined as all the shot term assets used in daily operation”—John. J Harpton. 4. Short term assets of a firm means cash money, short-term securities, inventory, Bill receivable, note receivable, Debtors etc. 5.In operating daily business, fixed assets are also needed in addition to current assets. Though some fixed assets help on the daily operation of a firm, these can’t be told as working capital, because these can’t be converted into cash in this current accounting period. So, the assets which can be converted into Raw Material from cash---R/M—Finished Goods—B/R—Cash and helps in operating daily business of the firm, is called working Capital. Working capital is also called ‘Trading Capital”, Circulating capital/Short term capital /Short /Current Assets management. 2.Concepts of Working Capital: There are 2 concepts of working capital. 1. Gross working capital. 2. Net Working capital. 1. Gross Working Capital: In fact, working capital means Gross Working Capital. It means the firm’s investment in current assets. Current assets are the assets which be converted into cash within an accounting period or one year (normally)...
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...语法改错总结 基本方法 : 每题5个选项，相对正确，排除法，挑错 宏观策略 : 1. 每题的错误类型都在划线部分的前三和后三个单词，先读原文，竖着看选项前3跟后3个单词，找出选项差别，从选项差异看错误类型。一但发现选项错误，立即在其他选项找同样的错误。 1－228－9 The first trenches that were cut into a 500-acre site at Tell Hamoukar, Syria, have yielded strong evidence for centrally administered complex societies in northern regions of the Middle East that were arising simultaneously with but independently of the more celebrated city-states of southern Mesopotamia, in what is now southern Iraq. A. that were cut into a 500-acre site at Tell Hamoukar, Syria, have yielded strong evidence for centrally administered complex societies in northern regions of the Middle East that were arising simultaneously with but B. that were cut into a 500-acre site at Tell Hamoukar, Syria, yields strong evidence that centrally administered complex societies in northern regions of the Middle East were arising simultaneously with but also C. having been cut into a 500-acre site at Tell Hamoukar, Syria, have yielded strong evidence that centrally administered complex societies in northern regions of the Middle East were arising simultaneously but D. cut into a 500-acre site at Tell Hamoukar, Syria, yields strong evidence of centrally administered complex societies in northern regions of the Middle East arising simultaneously but also E. cut into a 500-acre site at Tell Hamoukar, Syria, have yielded strong evidence that centrally administered complex societies in northern regions of the Middle East arose...
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...Introduction Berger Paints Bangladesh Limited (BPBL) is a renowned paint company in Bangladesh. The Company was introduced on 6 June 1973 as a private co. limited by shares registered under the Company Act. In December 2005, the company issued 5% shares to the public and listed with Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE). BPBL previously was known by Jenson & Nicholson (J & N). The name of the company was changed from J& N (Bangladesh) Limited to Berger Paints Bangladesh Limited on January 1, 1980. Currently BPBL’s number of shares is 23,188,940. Its Authorized capital is Taka 400 million and its paid up capital is Taka 232 million. Historical Overview Berger, the market leader in the Bangladesh paint market is one of the oldest names in the paint Industry and the country’s major specialty paints business with products and ingredients dating back more than 249 years to 1760. Louis Berger, a Germen national founded dye and pigment making business in England. Louis Berger and sons grew rapidly with a strong reputation for innovation and entrepreneurship culminating in perfecting the process of making Prussian blue, a deep blue dye- a colour widely used for the uniforms of many European Armies. Production of dyes and pigments evolved into production of paints and coating, which till today, remains the core business of Berger. The company grew rapidly by establishing branches all over the world and through mergers and acquisitions with all other...
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...SME CHAPTER ONE INTRODUCTION 1.1 Background of the study: Banking system occupies an important place in a nation’s economy. A banking institution is indispensable in a modern society. Bank is an old institution that is contributing toward the development of any economy and is treated as an important service industry in the modern world. Economic history shows that development has started everywhere with the banking system and its contribution towards financial development of a country is the highest in the initial stage. Modern Banks play an important part in promoting economic development of a country Bank provides necessary funds for executing various programs in the process of economic development. They collect savings from large masses of people scattered throughout the country, which in the absence of banks would have remained ideal and unproductive. These scattered amounts are collected. Pooled together and made available to commerce and industry for meeting the financial requirements. Bank plays a vital role in the economy by providing means of payment and in mobilizing resources. Bank is the most important financial institution in the economy. The economic development of a country depends on the development of banking sector. Today’s modern banks ate not only providing traditional banking but also expanding the many financial services. In today’ world the lice of the people...
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...CSX Corporation is one of the nation’s leading transportation suppliers. The company’s rail and intermodal businesses provide rail-based transportation services, including traditional rail service and the transport of intermodal containers and trailers. CSX Corporation is the parent company of several direct and indirect wholly-owned subsidiaries, including: CSX Intermodal Terminals, Inc.; CSX Real Property, Inc.; CSX Technology, Inc.; CSX Transportation, Inc.; Total Distribution Services, Inc. and TRANSFLO Corporation. CSX employs around 30,000 people, of which about 26,000 are union. These employees perform their duties in 23 states, the District of Columbia, and the Canadian provinces of Ontario and Quebec. CSX’s rail network infrastructure stretches westward to Chicago, southward to New Orleans, and northward to Syracuse. CSX’s rail operations can be grouped into four areas based on geography. The Coal Network connects coal mining operations in the Appalachian regions with industrial areas in the northeast and mid-Atlantic. The Interstate 90 corridor links Chicago and the Midwest to metropolitan areas in New York and New England. This route supports high speed intermodal, automotive and merchandise service. The Interstate 95 corridor connects Charleston, Jacksonville, Miami, and other southeastern cities to the major northeastern cities like Baltimore, Philadelphia, and New York. The Southeastern Corridor runs between western gateway cities like Chicago, St. Louis, and...
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