...Steven Paasch INFSYS 2800-005 January 29, 2014 Case 1: Milligan’s Backyard Storage Kits – Information Specifications 1. Mr. Milligan wants a markup of at least 30 percent on all items. Which items have markups less than 30 percent? Item No. | Description | Markup | A00750 | 6' x 6' Cedar Garden Hut | 8% | A00810 | 6' x 20’ Covered Bridge | 12% | A01130 | Miniature Folding Trellis | 13% | A00620 | 12' Cedar Octagon Gazebo | 16% | A01140 | Milligan’s Superior Trellis | 18% | A00730 | 6' x 10' Cedar Garden Hut | 19% | A00610 | 10' Octagon Cedar Gazebo | 20% | A01100 | Monroe Wooden Trellis | 25% | A00210 | 8' x 10' Aluminum Barn | 25% | A00310 | 12' x 8' Double Door Aluminum Shed | 25% | 2. In terms of annual sales, which item has the lowest annual sales? Item No. | Description | Annual Sales | A01130 | Miniature Folding Trellis | $ 5,487.00 | 3. In terms of annual sales, what were Mr. Milligan’s biggest selling items last year? Identify the top five. Item No. | Description | Annual Sales | A00410 | 8' x 10' Wood Barn | $ 563,143.00 | A00610 | 10' Octagon Cedar Gazebo | $ 431,998.56 | A00310 | 12' x 8' Double Door Aluminum Shed | $ 393,949.94 | A00750 | 6' x 6' Cedar Garden Hut | $ 309,003.50 | A00150 | 10' x 14' Aluminum Shed | $ 300,000.00 | 4. What is the company’s total annual sales? Annual Sales | ...
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...died and I can’t recall your face, I can’t remember your loving embrace. Whenever I close my eyes the flash backs hit me like a bad dream. The sound of the phone ringing, the crying on the other line, it was extreme. I recall my cousin’s voice, mumbling the words, I couldn’t fight the tears streaming down my cheek. The drive to the hospital felt like hours, My whole body felt numb and weak. I close my eyes, and I can still see, My loved ones surrounding me. I’m pacing back and forth through the halls, Crying in bathroom stalls. My mind about to make the toughest choice, But I feel like I have no voice. I can still hear the sound of your last breathe, The painful sound of death. The rise and fall of your chest, Wishing god would put you to rest. I did not let you go alone; I was with you till the end. And for that my heart can never mend. And just when I thought you had gone, you’d gasp for air. I held your hand, I told you I loved you, and I sat in that chair. When it was all over, I ran to brother’s side, I just wanted to curl up and hide. Last night I dreamed of the night you died, I jerked awake so fast and cried. I held my head in shame, Feeling like I was to blame. Every time I walk down the gravel to your grave, I prep myself and try to be brave. But a million times I wish it was me, To trade places and set your soul...
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...One of the themes that emerges from Shakespeare's comedy All's Well That Ends Well is the conflict between old and new, age and youth, wisdom and folly, reason and passion. As one critic points out, a simple glance at the characters of the play reveals an almost equally balanced cast of old and young. "In performance it is apparent that the youth of the leading characters, Helena, Bertram, Diana and Parolles, is in each case precisely balanced by the greater age of their counterparts, the Countess, the King of France, the Widow of Florence and the old counselor Lafeu."1 Indeed, the dialectic between youth and age is established in the first act as the Countess sees a mirror of her former self in Helena's love sick countenance in scene three when she exclaims "Even so it was with me when I was young," and Bertram's worthiness to the ailing King of France in the previous scene appears to hang upon his youthful resemblance to his deceased father. As the King explains, "Such a man might be a copy to these younger times,/Which followed well would demonstrate them now/But goers-backward" [I.2. 49-51]. Like so many literary youths of his day, Shakespeare went backward for his source material for All's Well and based the play on Giovanni Boccaccio's Decameron. Boccaccio's early sixteenth-century story revolves around Giletta of Narbona, the daughter of a wealthy and respected physician. Giletta, like Helena (the daughter of the deceased--and indigent--Gerard de Narbonne), falls in love...
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...D Diversity Analysis of Wells Fargo MGMT 360-51 Team - Multiplicity Shannon Willy Darren Cattnach Jeannine Petersen Edward Davis Cindy Sellner Metropolitan State University Summer 2010 Executive Background Introduction Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, and consumer and commercial finance through more than 10,000 stores and 12,000 ATMs and the Internet across North America and internationally. They are headquartered in San Francisco; however, they’re decentralized so every local Wells Fargo store is a headquarters for satisfying all their customers’ financial needs. This has led to a large customer base, which Wells estimates that one in three households in America does business with them. Wells Fargo has $1.2 trillion in assets and more than 278,000 team members across their 80+ businesses. They ranked fourth in assets, and third in market value of their stock among their U.S. peers as of March 31, 2010 ("Wellsfargo.com," 2010). Wells Fargo’s company vision is stated as, “We want to satisfy all our customers’ financial needs, help them succeed financially, be the premier provider of financial services in every one of our markets, and be known as one of America’s great companies.” This statement has led them to have an outstanding reputation in the community. They have been recognized in the following publications: FORTUNE 19th in Revenue among All Companies...
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...Oil, the staple that provides energy for just about everyone on earth today, is a current hot topic of discussion among politicians, engineers, scientists, environmentalists, and everyday citizens. Oil has been around since ancient times but oils potential was never realized until the nineteenth century. Is oil starting to be overrun by environmentalists? How long will current oil reserves last? Is oil currently the best and most efficient means of energy production? Should we worry about expanding oil production around the world? These questions and many more are dominating the conversations of energy producers and politicians worldwide. The oil we use today is a byproduct of ancient fossilized organic material. Most oil deposits are found where ancient oceans, seas and lake beds existed. As material such as: zooplankton, algae and other organic materials fell to the floor it was trapped under mud and sand. The speed at which the organic material covered the floor did not allow for its proper decomposition before it was covered with layers of sand or mud. Over time, the areas were buried under sedimentary rock, which caused extreme pressures and heat. This heat and pressure exerted as time passed developed the crude oils we see today. The quality and composition of the crude oil varies based upon the hydrocarbon makeup of the petroleum. Petroleum was first used to provide kerosene for lighting in the mid nineteenth century. Demand for the less expensive...
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...Wells Fargo & Company is an American multinational diversified financial services company with operations around the world. Currently, Wells Fargo is the fourth largest bank in the United States by assets and the second largest bank by market capitalization. Wells Fargo is the second largest bank in deposits, home mortgage servicing, and debit card. Overall, Wells Fargo is the 23rd largest company. Wells Fargo has been a company for over a century. It was first established by Henry Wells and William Fargo in 1852. The company was initially providing services to California. Since then, they have grown to be what they are today. Wells Fargo has had a lot of acquisitions. Most were very minor, but some were big mergers. These big mergers include the acquisitions of California-based Wells Fargo & Company by Minneapolis-based Norwest Corporation in 1998 and the 2008 acquisition of Charlotte, NC-based Wachovia. Since the aquisition, the company transferried its headquarters to San Francisco. Since then, Wells Fargo has grown to be known as one of the biggest, and one of the friendlist banks in the United States. In 2010, Wells Fargo had 6,335 retail branches (called stores by Wells Fargo), 12,000 HYPERLINK "http://en.wikipedia.org/wiki/Automated_teller_machines" automated teller machines, 280,000 employees and over 70 million customers. Wells Fargo operates stores and ATMs under the Wells Fargo and HYPERLINK "http://en.wikipedia.org/wiki/Wachovia" Wachovia names. Wells Fargo is...
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...Should the Arctic National Wildlife Refuge Be Opened to Oil Drilling? SCI207 Dependence of Man on the environment July 11, 2010 Abstract The rising cost of gas has been a great debate for consumers and congress. Currently the price of gas is between $2.71 to 3.39 depending on what state you live in. Consumers are finding it more and more disturbing that gas is increasing what is it going to take to make the prices decrease? Is oil drilling here in the United Stated the best thing to do? Oil Drilling has been a topic for our government for years. It seems that the debate is that oil should be drilled hear in our United States. Some have stated that oil drilling would be costly. But it would also reduce the amount we consumers spend on gas. If drilling was to take place there is an area in Alaska where the Arctic National Wildlife Refuge is. I hope to show the positive side of oil drilling in Alaska and the negative affects it will have on oil drilling. Currently, I understand both sides of drilling oil but it is not fair to kill off wildlife if oil drilling could be possibly found in areas where there aren’t any wildlife would be good or if the government could provide proof that if oil drilling was to take place that the wildlife would not be hurt. As we look at both sides of why to drill and why not we can explore just what seems to be the big problem we and what the decision should...
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...Commercial Bank: Wells Fargo Background: Wells Fargo is the largest bank in terms of market capitalization and the fourth largest bank in the United States in terms of assets. The present Wells Fargo is a result of a merger between San Francisco-based Wells Fargo & Company and Minneapolis-based Norwest Corporation in 1998. Later on October 3, 2008, Wells Fargo acquired Charlotte-based Wachovia for about $15.1 billion in a stock-for-stock transaction. Its headquarters is currently located in San Francisco, California. Wells Fargo is a diversified financial services company that provides credit cards, consumer banking, corporate banking, investment banking, global wealth management, financial analysis, private equity, insurance and etc. Wells Fargo and the 2008 Financial Crisis | Before the crisis | During the crisis | After the crisis | Profitability Ratios | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | ROA% (Net) | 1.76 | 1.52 | 0.28 | 0.96 | 0.99 | 1.23 | ROE % (Net) | 19.6 | 17.23 | 3.61 | 11.64 | 10.38 | 11.90 | Net Interest Margin % | 61.88 | 59.62 | 72.05 | 82.32 | 84.77 | 86.54 | Calculated Tax Rate % | 33.45 | 30.70 | 18.48 | 29.62 | 33.36 | 31.47 | | | | | | | | Debt Management | | | | | | | Total Debt to Equity | 9.51 | 11.08 | 12.22 | 10.13 | 8.95 | 8.37 | Equity Multiplier | 10.51 | 12.08 | 13.22 | 11.13 | 9.95 | 9.37 | | | | | | | | Asset Management | | | | | | | Total Asset Turnover | 0.1 | 0.1 | 0.05 | 0.08...
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...psychological traits on the decisions made by managers. This report while touching on them, will not go into detail regarding the various technical difficulties encountered on the Deepwater Horizon and will instead focus on understanding the thought process of the various players involved. We will also briefly cover BP’s historical safety record as this will help us understand some of the behavioural factors in play within the organization. While BP was the principal on the Deepwater Horizon rig there were also other parties like Transocean , the rig operator, Halliburton, who operated in a consultancy position, Anadarko and Schlumberger. These companies played a part in the crisis and their performance and relationship to BP will be explored as well. BP’S ORGANIZATION STRUCTURE AND CULTURE BP under Lord Browne was a very silo based organization. Business units were under direct control of asset managers and they and their teams were incentivized by their assets performance. I worked at BP between 2007 and 2008 and it was very clear to me that the various assets were in direct...
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...Introduction Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, and consumer and commercial finance through more than 10,000 stores and 12,000 ATMs and the Internet across North America and internationally. They are headquartered in San Francisco; however, they’re decentralized so every local Wells Fargo store is a headquarters for satisfying all their customers’ financial needs. This has led to a large customer base, which Wells estimates that one in three households in America does business with them. Wells Fargo has $1.2 trillion in assets and more than 278,000 team members across their 80+ businesses. They ranked fourth in assets, and third in market value of their stock among their U.S. peers as of March 31, 2010 ("Wellsfargo.com," 2010). Wells Fargo’s company vision is stated as, “We want to satisfy all our customers’ financial needs, help them succeed financially, be the premier provider of financial services in every one of our markets, and be known as one of America’s great companies.” This statement has led them to have an outstanding reputation in the community. They have been recognized in the following publications: FORTUNE 19th in Revenue among All Companies in All Industries (2010), World’s 39th Most Admired Company (2010), Forbes One of America’s Best Big Companies (2008), Top 100 Best Companies in the World (2010), Barron’s World’s 50 Most Respected Companies (2010), BusinessWeek Best Places...
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...BHP BILLITON Petroleum Sector BHP Billiton is one of Australia’s greatest corporate success stories; having grown from humble beginnings in Melbourne, BHP is now a multinational commodities powerhouse and claims to be the world’s largest national resources company. (Annual Report, 2009 pp. B) The BHP Billiton Petroleum sector has been the focus of big BHP investment dollars of late as the company looks to expand their operations. BHP-B Petroleum produced over 376,000 barrels of oil per day in 2009 and has maintained an impressive 9% annual growth rate since 2007. (Petroleum Annual Review, 2009 pp 5) BHP Petroleum operates in many countries across the world and is currently undertaking oil and gas projects in Australia, The Gulf of Mexico, Algeria, the UK, Pakistan and Trinidad and Tobago with the intention to expand into Malaysia, the Fawklands and Canada in the near future. (PAR, 2009 pp 5) The market for petroleum and indeed the mining industry as a whole was unsure what effect the global financial crisis would have and what action affected parties would take during the period. Regardless of the changes, such a large and important company as BHP would have to study the potential changes and start, if necessary, reformatting their financial planning/strategies and other control processes. These would have to be looked at on a whole organisational level; ranging from the BHP hierarchy all the way down to the smaller subsidiaries in order to accurately gauge the potential...
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...there were 126 members on the platform when fire engulfed the platform, although most of the workers escaped the rig by lifeboat and were subsequently evacuated by boat or airlifted by helicopter for medical treatment; however, eleven workers were never found despite a three-day Coast Guard search operation, and are presumed to have died in the explosion. The fire on the platform lasted for 36 hours and ended by the Deepwater Horizon sank. Two days later after the explosion a large oil slick was discovered at the former side of the platform, it was confirmed that a damaged wellhead was leaking. BP estimated the worst case flow at 162,000 barrels per day. Initial estimates by Coast Guard and BP officials, based on remotely operated vehicles as well as the oil slick size, indicated the leak was as much as 1,000 barrels per day. Outside scientists quickly produced higher estimates, which presaged later increases in official numbers. Official estimates increased from 1,000 to 5,000 barrels per day, on April 29, to 12,000 to 19,000 barrels per day, on May 27 to 25,000 to 30,000 barrels per day,...
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...Underbalanced Drilling Methods as an Effective Solution for Drilling Issues Rodrigo H. Ruschel Bridging Course Centre for English Language Teaching, University of Western Australia Semester 1, 2013 Introduction The Oil and Gas industry is looking for new methods of exploration and production. Currently, the oil and gas reservoirs are becoming more difficult to access because the operators are required to deal with complex and depleted reservoirs, such as low pressure zones, sub salt formations and tar zones. This is a challenge for both the on onshore and the offshore environment. These complications are directly related to drilling engineering because these professionals have to deal with complex situations involved in risks and pressure in order to keep operations under control. In order to avoid problems during drilling operations might causing financial and environmental issues, underbalanced drilling (UBD) methods have been implemented. These methods are based in which both hydrostatic and dynamic pressures in the circulating down-hole fluid system are intentionally kept below or the same as the pressure of the formation being drilled UBD methods have been used in order to defeat issues such as avoid formation damage, lost circulation, differential sticking and reduction of non-productive time. Also, it might improve productivity, reduce drilling time, bit life and also indicate reservoir zone productivity. UBD methods are appearing as an effective solution...
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...acclaimed as the solution for a clean energy alternative. It burns cleaner than both coal and oil. There are vast quantities located in several shale formations domestically, in the United States (U.S.). Natural gas is an odorless, colorless hydrocarbon composed mostly of methane found deep in the earth in formations known as shale. In mid-1997, George Mitchell, an independent prospector made a discovery that would change the natural gas exploration industry for the twenty-first century. (Hinton, 2012). The modification of the well completion technology known as hydraulic fracturing (fracking) and horizontal drilling allowed the oil and gas industry the ability to tap into natural gas reserves trapped in shale deposits miles beneath the earths’ surface. (Hinton, 2012). Mitchell found that forcing fracking fluid at extremely high pressure into the shale formations created fissures in surrounding rock releasing the hydrocarbons and capturing them in the well head. The fracking fluid, also referred to as slick water, is made up of water, chemicals, and sand. Heywood (2012) reports that members of the energy and commerce committee of the U.S. House of Representatives said that between 2005 and 2009 the oil and gas service companies were using over 2,500 fracking products with 750 different chemicals. Some of these chemicals are harmless including salt and citric acid. However, some are extremely hazardous to include benzene, arsenic lead, and methanol. The exact makeup of the fluids...
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...August 18, 2013 1. Hydraulic fracturing is a process of well stimulation, and a completion technique. It is used to extract underground natural resources, such as oil, natural gas, and geothermal energy. Industrial hydraulic fracturing is used to enhance subsurface fracture systems. The well stimulation process is used in nine out of ten gas wells in the United States. Generally, millions of gallons of water, sand, and chemical mixtures are pumped underground to break apart the rock formations to release gas. This method is used to facilitate the maximal extraction of natural gas by allowing it to move more freely from rock pores to production wells. This movement causes the oil or gas to come to surface where it can be stored in wells (US EPA, 2012). 2. The process of hydraulic fracturing starts with finding natural gas in underground formations, such as sandstones, carbonates, shale and coal. To gain access to the natural gas, vertical, horizontal, or multi-level wells are drilled to the target formation. Hydraulic fracturing is a completion technique used to create an effective connection between a well and the natural gas formation. Before drilling a well, a drilling and completion plan must be developed and approved by state regulators. Geoscientists and environmental employees then work to collect information about the surface geology of the potential drill site (ConocoPhillips, 2011). A well pad made of cement and dirt is constructed at the surface, and...
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