The Working Capital Strategies of Finagle a Bagel - Team B Reflection Sarai Vukovich, Simeon P. Rhoden Jr., Patrice Foreman, Amy Anderson University of Phoenix – FIN/571 August 29, 2014 Clifford Merchant, Instructor " Working Capital Strategies of Finagle a Bagel " Finagle a Bagel was acquired by a husband and wife team, Alan Litchman and Laura Trust back in October of 1998. They were unsure of its future financial stability at purchasing and were both coming from
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1. SPECIFIC IDENTIFICATION METHOD Painting Cost 0.50 Beg. Inventory Woods 11,000 5,500.00 0.21 Purchase Sunset 21,800 4,589.47 0.86 Purchase Earth 31,200 26,742.86 0.75 Purchase Moon 4,000 3,000.00 Woods and Moon were sold during the year for a total $35,000. Determine the firm's: a. Cost of
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multiplex, labour cost, film distributor share , food expenses , entertainment tax Tied to COGS is inventory. Crudely, inventory is unsold “COGS”. What is the inventory for PVR’s movie exhibition business? Again, do not write the number here, just the concept. Major inventory for * Inventory of seats/floor: Seat/handling unit is not filled does not lead in revenue. * ECONOMICS Inventory of films: Film/Service which is not screened in movie will not lead in revenue. Economies of
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ideally, just enough to provide what consumers want. JIT also is a production and inventory control system in which materials are purchased and units are produced only as needed to meet actual customer demand. In just in time manufacturing system inventories are reduced to the minimum and in some cases they are zero. Companies typically hold inventory in three locations which are raw materials, work-in-process inventory of partially worked materials or sub-assemblies for workstations to complete, besides
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costing. Data for the Assembly Department for April 2012 are: Work in process, beginning inventory 400 units Direct materials (100% complete) Conversion costs (30% complete) Units started during April 1,200 units Work in process, ending inventory: 250 units Direct materials (100% complete) Conversion costs (50% complete) Costs for April 2012: Work in process, beginning inventory: Direct materials $230,000 Conversion costs $220,000 Direct materials costs added
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Cost of Goods Sold As an example of how it would be done I have added a diagram showing how you would process the cost of the goods sold. First you need to have the cost of the beginning inventory then you have to add the amount of the purchases and subtract the ending amount of the inventory. When everything is said and done it equals out to the cost of the goods that have been sold. Cost of goods sold is the accumulated total of all the costs used to create a product or service in this
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| Avg Inventory | Avg Backorder | Avg Inventory Cost | Avg Inventory | Avg Backorder | Avg Inventory Cost | Retailer | 11.2 | 22.31 | $17.67 | 94.64 | 22 | $41.69 | Wholesaler | 12 | 62.73 | $42.71 | 133 | 107.83 | $79.94 | Distributor | 16.78 | 59.11 | $33.75 | 288.86 | 115.25 | $137.94 | Factory | 14.39 | 13 | $10.08 | 20.06 | 26 | $12.92 | 1. What did you observe in inventory and back order levels when you play the game in uncoordinated and coordinated modes? What are the underlying
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I. Background Play Time Toy Company is a manufacturer of plastic toys for children that include toy cars, military toys, trucks, guns, animals, robots, action figures and such. These product categories are produced in a wide range of designs, colors and sizes. Play Time Toy Company was founded in 1973 by Henry Richards and Jonathan King. Manufacturing business for plastic toys was considered to be highly competitive due to the fact that this industry was populated by large number of companies
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WORKING CAPITAL MANAGEMENT Objective of Working Capital Management: Working capital management is concerned with the problems that arise in attempting to manage the Current Assets and the Current Liabilities. The goal of working capital management is to manage the firm's current assets and current libilities in such a way that a satisfactory level of working capital is maintained. Otherwise, it is likely to become inslolvent and may even be forced into bankruptcy. Current asset should be large enough
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cash but 25.1% account receivables. When people buy tickets they normally pay online by using credit card, so an airline company would have very little cash. Railroad—Data 4 There is no inventory in this set of data. Railroad is a kind of company which has no inventory since it is just there and no inventory is needed. Also, cash has a high percentage 31.8% among all current assets. People driving pass one railroad would normally pay cash instead of using card. Pharmaceutical—Data 7 This set
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