Chapter 7 Solution

Chapter 7 Solution
Chapter 7 – Consolidated Financial Statements – Ownership Patterns And Income Taxes
CHAPTER 7 CONSOLIDATED FINANCIAL STATEMENTS – OWNERSHIP PATTERNS AND
INCOME TAXES
Answers to Problems 1. D 2. B 3. D 4. C 5. C 6. C 7. A Damson 's accrual–based income:
Operational income ................................................................... Defer unrealized gain
................................................................ Damson 's accrual–based income .......................................
Crimson 's accrual–based income: Operational income ...................................................................
Investment Income (90% of Damson's realized income) ....... Crimson 's accrual–based income ...
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13. C Because fair value of the subsidiary 's assets exceeds the tax basis by $100,000 a deferred tax
liability of $30,000 (30%) must be recorded. Goodwill is then computed as follows: Consideration
transferred ...................................... Fair value ............................................................... Deferred tax
liability ................................................. Goodwill ....................................................................
$420,000 $400,000 (30,000) 370,000 $50,000
14. (35 Minutes) (Series of reporting and consolidation questions pertaining to a father–son–
grandson combination. Includes unrealized inventory gains) a. Consideration transferred (by Tree)
............................. Noncontrolling interest fair value ................................. Limb's business fair value
............................................. Book value ............................................................... Trade name
...................................................................... Life ..................................................................................
Annual amortization ...................................................... 14. (continued) Consideration transferred for
Leaf (by Limb) .............. Noncontrolling interest fair value ................................. Leaf's business fair
value ............................................. Book value
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Evaluation Of A Training Program
Introduction
What is a training program? A training program are programs created for teaching employees in
particular skills. Employee training is an essential in maintaining a great staff and keeping everyone
communicating. Having a training program that is well created to establish and achieve maximum
results. The requirements of the training program are recognized during a training needs analysis
(TNA). When a training program is executed properly, it would increase total production and
provide the understanding, skills and approaches the employee would need to have a successful
performance. The paper would reflect the creation of a two–part training program for twenty
employees which would cover the training necessity to push the ... Show more content on
Helpwriting.net ...
An analysis that incorporates the potential employees and the trainers involved with the process. The
person analysis assists in recognizing employees who need training whether to enhance or increase
better performance. The questions asked and answered within the training would cover
policies/procedures, software, or equipment that would entail training.
Performance Analysis – Is there a performance gap? This analysis assists in showing whether the
employees are performing at the company's standard and through training are the employees able to
improve their performance. When utilizing a performance analysis, you have the ability to identify
who needs training where.
Develop the training objective for this program based on an analysis of the business.
To focus on exceptional customer service
Benefits of excellent customer service
Consider obstacles to the conveyance of outstanding customer service
Establishing ethical standards and norms behavior
Creating an action plan to increase customers service skills
Utilizing methods for dealing with irate customers.
Determine the training cost for the training program you are proposing. Include a detailed
breakdown of time allotted for each piece, the subsequent cost analysis, and the total cost for the
project as a whole.
The cost connected with the training program extends to the performance gap, and the impact on
business.

The Concept Of Total Cost Of Ownership Or Tco
Introduction:
The concept of total cost of ownership or TCO (Cavinato 1991, 1992), life cycle costing (Jackson
and Ostrom 1980), product life cycle costs (Shields and Young 1991), and total cost of (Ellram and
Siferd 1993) are all related. There is no unique definition of TCO, since the meaning of TCO is
dependent on individual and function of organization (Ellram, 1994).
TCO concept suggests that supply managers adopt a long–term perspective, rather than short–term,
for accurate evaluation of buying conditions. Three ideas formulate procurement functions:
1) Cost must be examined from a long–term perspective and include costs other than initial purchase
price.
2) Consider the impact of other business functions related to a specific purchase.
3) Understand & measure, the impact of "non–value added" costs like service costs, failure costs,
administrative costs, and maintenance (Ellram, 1994) associated with the purchase.
Depending on the goals of the project, a TCO analysis supports decisions on operational, tactical, or
strategic level.
Today, TCO analysis is used to support acquisition and planning decisions for a wide range of assets
that bring significant maintenance or operating costs across ownership life. Total cost of ownership
(TCO) analysis is centre stage when management is faced with acquisition decisions for computing
systems, vehicles, buildings, laboratory equipment, medical equipment, factory machines etc.
TCO analysis for these kinds of assets is in

Total Cost of Ownership and IT Recruitment in Healthcare
Part 1: TCO Elements – Review the administrative and clinical Total Cost of Ownership (TCO)
elements that are measured for your organization. Identify two to three administrative and two to
three clinical elements that are particular to your organization. Provide a brief description of why
these elements have been identified as critical to TCO. Total Cost of Ownership (TCO) is
framework for understand the hidden costs and benefits of technology that may not necessary be
apparent in the initial expense procuring certain technical solutions (Hockel & Hamilton, 2011). An
example may be upgrade costs associated with acquiring a new computer. The initial pricing for the
computer may be apparent, but the future costs that will be incurred to improve the unit or make
more robust and proficient must also be considered. Administrative elements within our organization
include training, support and maintenance. Training is critical in consideration of TCO because if
not accounted for correctly and provided, end users are more likely to resist changes to new systems,
platforms and, slowing adoption of a new solution and adversely impacting productivity (Hockel &
Hamilton, 2011). General support is a critical part of TCO because unexpected needs may arise that
can jeopardize performance of solutions. For instance, system downtime can negatively impact the
bottom line of the business. Support in the form of dedicated helpdesk services (if not automatically
provided under contract),

Building Standards, Procedures And Restrictions For The...
I. Policy
The purpose of this policy is to define and establish standards, procedures and restrictions for the
disposal of all non–leased Information Technology (IT) equipment in a legal and cost–effective
manner.
II. Scope and Limitation
This Policy applies to all Topaz workforce members.
III. Definitions
A. Non–leased refers to any and all IT assets that are the sole property of Topaz; that is, equipment
that is not rented, leased or borrowed from a third–party supplier or partner company.
B. Disposal refers to the reselling, reassignment, recycling, donating or throwing out of IT
equipment through responsible, ethical and environmentally sound means.
C. Obsolete refers to any and all equipment over 5 years old and /or that which no ... Show more
content on Helpwriting.net ...
The IT Department is also responsible for backing up and then wiping clean company data on all IT
assets slated for disposal as well as the removal of company tags and/or identifying labels.
C. The IT Department is in charge of selecting and approving external agents for recycling hardware
and/or sanitizing hardware of harmful toxins before shipment to landfills. The IT Department is also
responsible for acquiring credible documentation from third parties that are contracted to conduct
the data wiping, tag or label removal or any other part of the disposal process.
D. Acceptable methods for the disposal of IT assets are as follows:
1. Sold to existing staff
2. Sold as scrap to a licensed dealer
3. Used as a trade–in against cost of replacement item
4. Reassigned to a less critical business operation function
5. Donated to schools, charities, and other non–profit organizations
6. Recycled and/or refurbished to leverage further use (within limits of reasonable repair)
7. Discarded as rubbish in a landfill after sanitized of toxic materials by approved service provider
E. It is the responsibility of the IT Supervisor to ensure that IT assets, equipment, and hardware are
disposed of according to one or more of the methods above. It is imperative that any disposals
performed by Topaz are done appropriately, responsibly and ethically, as well as, with company

resource planning in mind. The following rules must be observed to all disposal:
1.

Case Study : Troon Golf And Private Club Management
Title of Case: Troon Golf
Date: October 13th, 2014
Name: Krishna Chaitanya Bezwada
Critical Facts:
Headquartered in Scottsdale, Arizona, Troon Golf is one of the world's leading pioneer in upscale
golf courses and private club management. Spread across 32 states and 32 countries and housing
190 golf courses, it is coveted as the largest golf management company in the world. (Fortinet –
Troon Golf, 2010)
Troon aims to provide outstanding guest and member experiences through personalized service,
consistency and by not compromising attention to detail. They also offer a very sophisticated,
systematic and professional approach to private, daily–fee and resort golf facility management.
(Troon Golf, 2014)
Troon believes that a quality golf experience is not just defined by the golf courses playing surfaces.
They view that guest service and satisfaction, with an excellent food and beverage experience play a
critical role in the success of a golf club, and thus strive towards providing these to its customers. To
complement this belief, Troon recruits associates who are knowledgeable in both golf industry as
well as the hospitality industry. (Troon Golf, 2014)
Troon Golf has received several accolades from leading golf industry publications, viz. Golf Digest,
Golf Magazine and Golf Week Magazine wherein 36 of its golf–courses received 'Top 100' rankings.
(Fortinet – Troon Golf, 2010)
Being spread over in so many countries, Troon had a very strong IT infrastructure to

Total Cost Of Ownership Is The Purchase Price Of An Asset
Total Cost of Ownership is the purchase price of an asset along with the costs to operate it. TCO
started to become more known in the eighties when software and IT expenses started to be involved
with maintain an asset. Purchasers and business owners realized there was a different in purchase
price and the real cost of an asset purchase. When making purchasing decisions it is always best for
the decision maker to look at the TCO and not just the initial cost of an asset. Total cost of
ownership is also taken into consideration when making an investment. Things outside of the initial
purchase or investment that affect the TCO are direct and indirect expenses. Many factors come into
play when documenting indirect expenses. These expenses can be broken down into different costs
that add up to the total cost of ownership. In the following paragraphs, I am going to cover the
different expenses to take in the consideration when looking at the total cost of ownership for the
life cycle of an asset. Buyers, acquisition managers, and business owners all need to consider the
TCO when making smart purchasing decisions. Total cost of ownership has helped many businesses
make wiser purchasing decisions. When calculating the total cost of ownership of an asset, the life
cycle of the asset must be taken into consideration. During that life cycle, the asset will start to
depreciate. The depreciation expense varies from asset to asset. The value of the asset is reported
lower and lower

Blaine Kitchenware
BLAINE KITCHENWARE INC.
Blaine Kitchenware was a mid–sized producer of small appliances primarily used in residential
kitchens. By 2006, the company's products consisted of a wide range of small kitchen appliances
including deep fryers, griddles, toasters, ovens etc. Blaine had just under 10% of the $2.3 billion
U.S. market for small kitchen appliances. For the period 2003 to 2006, the industry posted modest
annual unit sales growth of 2%. In 2006, 65% of its revenue was generated from shipments to U.S.
wholesalers and retailers. The company shipped approximately 14 million units a year. There were
three major segments in the small kitchen appliance industry: food preparation appliances, cooking
and beverage making appliances but ... Show more content on Helpwriting.net ...
Thus, the returns to shareholders are lower from the industry average. Blaine is an over–liquid and
under–levered company and its shareholders are paying a price for it. It would not be rational for a
public company to be funded only by equity. It 's too inefficient. In 2006, the company Return on
Equity (ROE) was 11%, which is below the industry average of 19.5%. Also the increasing trend in
BKI's payout ratio was unsustainable
Debt is a lower cost source of funds and allows a higher return to the equity investors by leveraging
their money. In addition, the company can deduct the interest paid on the debt from their income and
thus reduce the tax burden. With an increase of future corporate tax from 30.8% to 40%, it would be
beneficial for the firm to deduct interest payments to pay fewer taxes. Debt greatly reduces the role
of integrated enterprise cost of capital. Therefore, it can increase earnings per share and its stock
value by improving the proportion of corporate debt appropriately, which assumes a crucial role of
financial leverage. Enterprises financial leverage of funds has a magnifying affect, when the
business uses the liabilities, the effects of financial leverage will show. However, debt is not always
excellent, and we should firstly analyze whether the profitability of raising the funds for capital is
greater than the interest rate. If it is so the use of debt will substantially increase their

Summary: Gigatech
GigaTech will be renting an office space in Newport News, Virginia. It will cost the company
$2,700 per month to rent out a 3,842 square–foot office. It will also pay $210 for utilities such as
electric, water, gas, and sewer. In order to form our Limited Liability Company, we are responsible
for paying a LLC formation expense of $200. We also need to obtain a software license, which costs
$170. To create an Apple app, we must also create an Apple account and pay $99 each year. An
estimate of $300 is needed to trademark our company as well. Our company will also be paying
$800 every month for internet expenses. Attorney fees will cost $1,220 a month based on one four
hour meeting a month at $305. In addition to the administration costs, our company will need to
purchase all office equipment, office supplies, and bathroom supplies. We plan on spending $17,483
within the first year and purchasing these items from Staples, Walmart, or online. Our company will
be providing health insurance to all the employees, which will cost approximately $228,000 per year
in total. The ... Show more content on Helpwriting.net ...
We also have $260,400 in prepaid expenses, including prepaid health insurance, which totals
$228,000 and prepaid rent, which totals $32,400 for the first year. This totals $1,260,400 in current
assets. We also have fixed assets totaling $27,852. These assets include office equipment, licensing
and membership expenses, and LLC and trademark expenses. Our total assets for our first year
would be $1,288,252. For liabilities, we have $670,000 in wages payable that are already set aside
for the first year, and we have set aside $60,300 for employee benefits, which can include money for
signing bonuses, sick days, vacation days, etc. This totals $730,300, which leaves us with $557,952
in retained earnings. Adding up our liabilities and retained earnings (our owners equity) we would
get a total of

Senior Supply Management Specialist Of A Manufacturing...
As the senior supply management specialist of a manufacturing company, I have been charged with
coming up with the questions and answers for position at the company. The position is for a new
junior buyer, and the questions and answers are tailored to assess a potential candidate's vocabulary
and knowledge of supply management. I must provide answers to the questions that the candidates
of the position should know to be a new junior buyer. These answers will let the Vice President of
Purchasing know if the candidate if fully qualified for the position or not. The first question asks to
give at least three different job titles within supply management and explain how they can contribute
to the success of an organization. One job title of ... Show more content on Helpwriting.net ...
Starbuck's strategic partnerships include; Barnes and Noble, Pepsico, United Airlines, Kraft foods,
and the NAACP.
According to Rebecca Larson, assistant Professor of Business at Liberty University, Starbucks
partnered with Barnes and Nobles bookstores in 1993 to provide in–house coffee shops, benefiting
both retailers (Czaja, 2011). This would not only bring more consumers in Barnes and Noble stores
to buy books, but to also allow them to enjoy their favorite coffee drink while they read their
favorite story. This "one–two" punch, allowed both retailers to gain a significant amount of
popularity for years. In 1996, Starbucks also entered a partnership with Pepsico so they would be
able to bottle, distribute and sell their famous coffee drink, Frappacino. (Czaja, 2011). Starbucks
aligning themselves with United Airlines, resulted in them being able to share their coffee on airline
flights with the company's famous logo on the cups. Partnering with Kraft foods made their brand
sellable in local grocery stores. To push their goals for social and economic justice, Starbucks also
partnered with the NAACP in 2006.
One interview question asks a potential candidate to explain the role that supply management plays
in achieving sustainability goals in an organization. Sustainability is defined as avoidance of the
depletion of natural resources to maintain an

Org Behavior
Tallahassee BeanCounters Team Case
Kaylee Cutler
Charles Spiva
Shauna Jones
Background
During a routine audit of Tallahassee BeanCounters, the team's owner Franklin Kennedy asked if we
would investigate further into the potential of a fraud occurring within the company. Mr. Kennedy
stated that he received an anonymous tip and believes that based on the tip, fraud within the
organization was occurring. A fraud examination was conducted and the findings from relevant
documents and interviews are below.
Executive Summary:
The investigation started when Mr. Kennedy approached our team asking us to review documents to
see if a potential fraud within the organization was occurring. Mr. Kennedy received an anonymous
tip that ... Show more content on Helpwriting.net ...
Mr. Kennedy asked that we examine the previous four months of documentation to either
substantiate or reject the claim.
Approach
Fraud Examination Team Members
Kaylee Cutler, CPA; Shauna Jones, CPA; Charles Spiva, CPA
Procedures
During our investigation of Tallahassee BeanCounters, the Team took the following actions: *
Obtained, reviewed, and analyzed financial documents of Tallahassee BeanCounters including
ledgers, purchase orders, invoices, purchase records, and salary information * Obtained, reviewed,
and analyzed cancelled payroll checks from ADP on behalf of Tallahassee BeanCounters *
Obtained, reviewed, and analyzed Jessica Keller's bank account activity for the months in question *
Obtained, reviewed, and analyzed receipts provided by the Manager at the Villa Cordova
Apartments associated with monthly rent payments * Obtained, reviewed, and analyzed receipts
provided by Ben Hill's ex–wife associated with back child support payments * Observations of
various financial functions of Tallahassee BeanCounters by the Team
Individuals Interviewed: Members of the Fraud Examination Team interviewed the following

parties: * Coworkers * Red Carpet Reality * Tallahassee Doors * Villa Cordova Apartment Manager
* Ben Hill's first ex–wife * Ben Hill's second ex–wife
Findings
During our examination of documentation and interviews, we found the following: * Did the

Improved Rewards
Assignment 5 – New and Improved Rewards at Work
Casandra Reynolds
HRM 533 Total Rewards
December 15, 2013
Dr. Lila Jordan
Determine how innovations in employee benefits can improve the overall competitive compensation
strategy of the organization. A competitive organization understands the need for a skilled and loyal
workforce. In order to attract and retain top talent, many organizations offer innovative and creative
employee benefit packages. It enhances an attractive salary and creates a niche for the employer. An
organization that is aware of the dynamics of its workforce will be in step with the innovations in
employee benefits. Technology, global workforces and diversity have made it necessary for
companies to review ... Show more content on Helpwriting.net ...
Chosen and implemented effectively, however, creative benefits can demonstrate leadership 's
concern for the well–being of employees, reinforce cultural values, and foster deeper employee
engagement (Lagunas, 2012). Prospective employees expect run of the mill standard benefit
packages such as healthcare, vision, dental and retirement plan benefits. Stock options, stock
ownership and other equity based rewards viewed with a dubious eye as people still remember
Enron. Yes, you will do well if the company is doing well but what if your company is operating
unethically, where does that leave the employee? Worthless stock and a jaundiced eye toward
organizations are what are left. On the other hand, an organization that touts benefits such as on–site
dry cleaning, subsidized childcare, or commuter passes taps into what employees really need and
want. Occasionally, time is a valuable benefit for employees, time to do the things they cannot
accomplish due to work schedules and competing priorities.
Discuss the key elements of integrating innovation into a traditional total rewards program.
Integrating innovation into a traditional rewards program is not overly cumbersome but it must be
done with the full support of leadership and with the support of employees. Leadership must
embrace a new outlook on benefits and employees. The proper research and fact finding must be
accomplished to ensure benefit innovation will mesh with the company culture and the needs of its

Microsoft 's Strategic Commitment For The Cloud With...
Analysis
Since its inception, SharePoint has become a Swiss Army knife that covers a wide range of
information needs and has been deployed for many different functional requirements. Many
companies have customized it, whether in its look and feel, building custom integration with
external systems or developing new applications. Furthermore, companies have grown to depend on
third–party independent software vendors (ISVs) to fill SharePoint 's gaps or build vertical
applications onto SharePoint server. While such moves have typically delivered good business
benefits, they have made migrating from one generation to the next costly and complex. Industry
leaders estimate that close to 90% of SharePoint deployments are still deployed in the ... Show more
Microsoft has the potential to innovate in this cloud environment because it can use analytics to
quickly understand business usage trends across thousands of organizations – a level of visibility it
did not have in the traditional approach. It can then rapidly develop applications and approaches as
well as test and deploy new interfaces. Users will realize the benefits of this rapid innovation as their
work environments become more nimble, leading to stronger engagement; IT departments will
realize the benefits of having Microsoft manage this aspect of their technology portfolio, allowing
them to concentrate on other projects.
Business drivers and cost management: SharePoint Online doesn 't take long to set up and users can
perform basic tasks quickly. Microsoft trickles improvements through every three months. For
SharePoint Server (on–premise), Microsoft has traditionally aggregated changes to deliver them in
service packs and new versions far less frequently. Consequently, IT departments using SharePoint
Online will be relieved of possible downtime concerns related to service

Caribbean Internet Cafe
1
Caribbean Internet Café
Performance Management and
Control, ACC 287.5
David E. Platt, Ph.D.
Primary Case–Study Objectives
2



Observe the diversity of business measurement issues.
Introduce fundamental costing issues.
Identify strategic and non–financial issues that are critical for decision making.
Cost Summary
3

Here is a listing of costs to be incurred (pg. 3–4). How can we organize this data in a useful way?
Equipment
Waiter–tutors
Manager
Building lease
Utilities

Utility deposit
Internet link
Internet service
Insurance
Advertising, mktg, promo
Pre–opening advertising
Other up–front costs
Miscellaneous admin/main
Usage
Qty
Unit from Exhibit 1
180 hrs/wk
1 per month
1 ... Show more content on Helpwriting.net ...
Jamaica $
One–Time Costs
Utility deposit
Pre–opening advertising
Other up–front costs
Total
Least
Most

J$
J$
7,000
20,000
120,000
147,000
Fixed Costs
Waiter–tutors
J$
Advertising, mktg, promo J$
Miscellaneous admin/main J$
Utilities
J$
Insurance
J$

Manager
J$
Internet link
J$
Building lease
J$
* Loan interest
J$
40
10,000
50,000
15,000
10,000
40,000
10,000
30,000
1,250,000
Cost
Unit
per hour (x 180 x 52) per month per month per month per month per month per month per month at
10% "concessionary rate"
What about investment in equipment?
Annualized
J$
J$
J$
J$
J$
J$
J$
J$
J$
374,400
120,000
600,000
180,000
120,000
480,000
120,000

360,000
125,000
Fixed Costs
6

Depreciation is annual fixed cost.
Investment
General equipment
Hardware and software
Furniture and artwork
China and flowers
Total (exhibit 1)
J$
J$
Jamaica $
Fixed Costs
Waiter–tutors
Advertising, mktg, promo
Miscellaneous admin/main
Utilities
Insurance
Manager
Internet link
Building lease
* Loan interest
** Depreciation
Total
J$40
J$10,000
J$50,000
J$15,000
J$10,000
J$40,000
J$10,000
J$30,000
J$1,250,000

Est 'd Life (yrs)
573,250
407,750
340,000
105,000
1,426,000
Annualized
5 J$
3
10
2
J$
Cost
Unit
per hour (x 180 x 52) per month per month per month per month per month per month per month at
10% "concessionary rate" from above
114,650
135,917
34,000
52,500
337,067
Annualized
374,400
120,000
600,000
180,000
120,000
480,000
120,000
360,000
125,000

Granite Apparel Case Study
Presented to: Mr. Kurt Sullivan Subject: Source of funding From: JMSB consultants; Despina
Papadopoulos Angela Christopoulos Mathieu Apuzzo AJ Kenth Date: March 2007 Main Issues *
Choosing the appropriate source of financing, between Initial public offering, long term debt or
preferred shares, to raise funds for the expansion of Granite Apparel. Recommendations * Granite
Apparel should use an Initial Public Offering as a source for raising funds. Analysis Quantitative
Initial Public Offering The cost of issuing common shares for your company was found by adding
the following expenses (APPENDIX ONE): Bridge Financing Rate (Annual) | 10.25% | Amount of
Bridge Financing | 50,000,000 | Period | 6 ... Show more content on Helpwriting.net ...
Appendix 2 is a loan amortization schedule and indicates the amount of interest and capital is
included in each payment. The sum of all interest payments is equal to 18,312,099. If we take the
total interest cost and the upfront fee the total cost of the loan would equal to: 20,112,099. However
it is also important to note that interest is tax deductible. The loan amortization schedule enabled us
to find the PV of the tax shield of 79,712.24$. In conclusion, the total cost of the debt option is equal
to: 20,032,386.75$ We also wanted to note that paying 10% principal per year for 10 years on the
loan is impossible. According to loan amortization schedule, the 10% yearly principal payment
would start from year 6. For the first 5 years, most of the payment is attributed to interest, which
decreases the principal portion of the payment. Performance and Ratios An important factor in
deciding on which way to finance growth is how it affects your financial statements. Since these
tools will be the primary source for investors it is important have them appear strong (APPENDIX
FOUR). If the company chooses an IPO, the following ratios would occur in the 2007 financial
statements of Granite Apparel. Ratio | Industry | Granite Apparel | Debt/Capital | 15.1% | 31.0% |
TIE | 41.2 | 57.75 | PE | 22 | 12 | ROE | 18.4% | 14.16% | With an IPO the company's

Platinum Box
Contents
Executive Summary 2 Issue Identification 3 Environmental and Root Cause Analysis 5 Alternatives
6 Recommendations & Implementation 7 Exhibits 8
Executive Summary
Platinum Box Ltd. is at a strategic juncture; it has enjoyed a phase of consistent growth over the last
few years, and built on this growth is planning to expand operations to take advantage of new
markets in the USA. Critically, the equipment (printing presses) that have enabled Platinum's growth
and success are approaching the end of their life–cycles, as evident in doubling of their maintenance
costs over the last two years. If this equipment is not replaced in the near future, Platinum cannot
expect to expand production or to effectively push ... Show more content on Helpwriting.net ...
There are three potential sources (JabaKing, Merakuri and Pnutype) available to Platinum for the
equipment that will replace the aging presses currently in use. Several key factors need to be
considered when making this decision not least of which is the overall cost of acquiring the new
equipment. To this end, a Total Cost Analysis (Exhibit A) evaluation of the suppliers has been
employed to fully assess the available alternatives, and to make the subsequent recommendations on
supplier to choice. Direction given by Jim Hicza, has made in clear that cost considerations will be a
primary concern. Consideration of the ability of the equipment to meet the anticipated future
capacity demands, and how this equipment will facilitate the growth goals of Platinum, is vital.
Analysis of the projected required capacity (Exhibit C) reveals some interesting and strategically
important insight; if Platinum continues to grow at the expected rate, today's purchase of new
presses will not be able to meet the projected demand in 5 years (2010), unless additional presses are
purchased, or factory hours are expended – perhaps with the addition of a third shift.
This fact introduces the option to retain some of the currently functioning JabaKing machines, while
adding additional presses piecemeal over the next 5 years in order to meet demand. This approach
will alleviate the need for a large capital investment upfront,

Oil Prices: Driven by Supply and Demand
1. Oil prices are almost entirely driven by supply and demand. On the supply side, OPEC seeks to
control the prices by virtue of controlling the output of its member countries, which are responsible
for around one–third of the world's oil production (OPEC, 2012). That OPEC can do this is
facilitated by the fact that bringing new oil production online takes a long time. Thus, by setting
output on a monthly basis, OPEC can control the supply. OPEC's actions have a strong influence on
prices because demand is largely predictable and incremental. The demand this month will be
related to the demand next month, since oil demand tends to be for usage of a recurring nature.
Over the longer–term, some of the major trends that affect the price of oil are consumption for
business and personal use. For example, Anderson and Boul (2005) note that China's economic
growth has resulted in that nation having steadily increasing demand for oil. Much of this comes
from growth of the country's consumer class, with automobile sales, and from growth in industrial
uses for oil. India, the US, and the world's modern economies are all big users of oil, so the drivers
of demand in these nations can have an impact on world markets for oil.
2. According to Anderson and Boul (2005), the two largest consumers of oil products are the United
States and China. China is one of the major contributors to the growth in oil consumption as well.
3. a. If the price of SUVs falls, this affects the demand

Tco-Happyland Construction Essay
Module 2
Session 5
Make or Buy: TCO Analysis
Happyland Construction Inc. Case
Instructor: Nikki Raycraft
By: Choaa Awad
OIPMAC ID#:10041436
Executive Summary:
Happyland Construction is expanding and growing its operations. There is a need to make a huge
capital investment in purchasing a crane necessary for its operations in the next ten years.
GargantuLift 6000 crane model produced by Mega Corporation is recommended by engineering,
maintenance, finance, purchasing, and management staff.
Top management needs to decide which is more financially sound: to buy the crane or subcontract
(lease) it from Digger Construction.
According to the figures presented by the chief purchasing officer based on the research done by one
of his ... Show more content on Helpwriting.net ...
The strategic decision will be made during a meeting between the CEO, the purchasing manager,
and the finance director.
Systematic Issues:
–A major decision will be made to invest in the crane for the next 10 years.Happyland management
needs to be sure that the company will have enough projects and resources to pay for this capital
investment.
–The accounting system at Happyland depreciates assets over a 5 year period. There should be a
special adjustment done to record the acquisition of the Gargantulift 6000 crane be it either bought
or leased. This asset should be accounted for over a 10 years period and not five.
Qualitative Analysis:
Happyland has grown over the last few years and became a world leader in the design and
construction of oil shale plants. The company is building a new plant and in need to acquire a huge
lift crane to support its operations at the new facilities.
There is consent among all the technical, engineering, and administrative sections about the crane
brand name and model and the period of time the crane is needed. The huge price for the crane
makes it crucial for senior management to make the right decision whether to buy the crane directly

from the manufacturer or subcontract it from another company over a 10 year plan.
The purchasing section prepared a detailed list of the total cost of ownership of the crane for 10
years.Also, the costs involved in leasing the crane were

Factors Influencing The Performance Of Bank 's...
Confirmatory factor analysis:
"Confirmatory factor analysis is a type of structural equation modeling that deals specifically with
measurement models, that is, the relationship between observed measures or indicators and latent
variables or factors"(Brown, 2015). In this paper, the method of factor analysis is used to calculate
the performance of bank 's comprehensive management. Factor analysis method is used to reduce
the dimension of the method, named as a multivariate statistical analysis method. It is integrated into
a small number of factors, in order to reproduce the original variables and the relationship between
the factors, and then each component to a certain weight in order to calculate the comprehensive
score.
Choosing ... Show more content on Helpwriting.net ...
Because the four aspects of the nine indicators were reflected in the executive level of financial
banks "profitability", "liquidity", "debt paying ability" and "growth" and on the performance of
commercial bank comprehensive, general reflect. Net assets yield (X1) = net income / ( net assets of
the beginning of the year) plus ( net assets at the end of year) /2] Earnings per share (X2) = net
profit / circulation number of ordinary shares Liquidity ratio (X3) = current assets / current liabilities
Loan to deposit ratio (x4) = total loans / deposits Loan ratio (x5) = bad loans / total loans Capital
adequacy ratio (x6) = total capital / weighted risk assets Main business income growth rate (X7) =
Main revenue growth of this year/ main income of previous year Net profit growth rate (x8) = net
profit growth of this year / last year Total assets growth rate (x9) = total assets growth of the end of
the year / the total assets of the previous year.
Thus, this paper mainly studies the impact of bank ownership structure on business performance, but
from the perspective of the actual operation of the bank, which considering that there is a certain
relationship between the bank 's operating performance and the bank 's size and the capital structure,
etc.
While doing the regression analysis, the index of the bank firm size as the

Course Project – Sai Toys Essay
A Review of the IT System Course Project – SAI Toys A Review of the IT System Executive
Summary The overview for SAI Toys is the company sells are manufactured in–house and shipped
to brick–and–mortar retailers, such as Best Buy and Target, as well as e–Commerce only sites, such
as ThinkGeek.com and Buy.com. The company has no direct interaction with the final purchasers
(individuals) of their products other than through warranty service. SAI Toys is one of the leading
manufacturers of products for Gifted Electrical Engineering Kids (GEEKs). SAI Toys consists of
four distinct IT systems. They are Public Website, Manufacturing Support System (MSS), Human
Resources System (HRS), and Sales and Marketing System (SMS). Public Website ... Show more
The Threats of SAI Toys are: Loss of market share, Major competitors integrating vertically and
selling direct, and Changing technology requiring escalating engineering costs (Butcher, 2011). The
Competitive Strategy Analysis is the second basis analysis technique to help us to have an overview
of the company and its environment. SAI cannot afford the possibility of IT system failure given the
highly competitive market in which they operate. New product design, manufacture, and marketing
require that their IT system be fully functional 24/7 with no downtime. To sustain growth and
revenue and stay ahead of potential competition SAI Toys will need to invest heavily in Research
and Development (R&D) on an ongoing basis (Butcher, 2011). This will include further
investment in hiring skilled engineering personnel. Because SAI Toys creates unique products which
may exclusively dominate a small segment of the market from which all of its revenue is derived,
the introduction into the market of a competitor's similar product with enhanced features and lower
retail pricing may severely impact SAI Toys ability to generate sales and revenue (Butcher, 2011).
Swimlanes Diagram: AS–IS Diagram Overview of Recommended System The various systems
currently in place will be replaced or integrated into the new system. Assuming that SAI Toys has
elected to develop an

Essay on HRM 587 Final Exam
DOWNLOAD HERE
HRM 587 Final Exam
1. (TCO All) For the next set of questions, you will first select ONE of the TCOs of the course.
Then, you will be asked to write an essay about the project you worked on this term over your two
companies' change program based on the TCO you selected above. Select the TCO your essay
question will cover:
TCO A – Given that progressive and successful companies require their employees to embrace
change, examine how changing work conditions impact the employees.
TCO B – Given the inherent reality that all organizations must experience change in order to
improve, demonstrate how "models" are used in Change Management, for diagnosing an
organization's need for change.
TCO C – Given external, ... Show more content on Helpwriting.net ...
For your answer, be sure to reference the names of the companies you studied in your project this
term to help your instructor determine the score of your response. You will assess the
"sustainability" of the changes which occurred in the companies you studied. Select ONE of the
company change programs for your answer to this question and state it here. Assess the change
project. Was it successful or unsuccessful in your opinion? What will it take (what are some steps
the company can, should, or DID take) to make it SUSTAINABLE? What theories did you consider
in coming to this conclusion? Do you think this change will still be in place in one, five, or ten
years? Why or why not?(Points : 35)
As for the People, it should be determined whether the organization has the right skills and talents
for the change to be supported and for the organization to achieve its strategic goal. For example, if
the strategic goal is to increase revenue through increased sales then the company sales people
should be given sufficient training about the company's own and acquired products as this will
enable the sales staff to more easily sell the company's products.
I feel that the changes made in SAP will stay in place for years to come. Now that steps have been
gathered to analyze large amounts of employees, customers, and sales data being generated by
companies it will enable SAP to create new processes and applications that will strength

Essay 587 Final
Final Exam Access dates: | 4/20/2013 12:00:00 AM to 4/25/2013 11:59:00 PM | Can be reviewed in
Gradebook on: | 5/1/2013 11:59:00 PM | Number of times this exam can be taken: | 1 | Time allowed
to complete: | 3h, 30min | | | Here is some information about your Final Exam: * The exam covers
the entire Managing Organization Change book, multiple articles throughout the term which were
referenced in all lectures, all lectures, the Cracking the Code of Change article specifically (Beer
and Nohria, Harvard Business Review). Although the exam is comprehensive, the essay questions
will lean heavily over the latter few weeks of class. The multiple–choice questions will be over all
TCOs. * All TCOs are covered. * There will ... Show more content on Helpwriting.net ...
TCO G – Given that developing a "vision for change" and communicating that "vision" is a critical
part of the change process, analyze the key elements of the "vision for change" and develop a
strategy to communicate the change to the stakeholder.
TCO H – Given the organization's goal of creating and implementing a sustainable change while
moving toward becoming a "learning" organization, develop a plan to implement change in a
sustainable manner that can be applied to any change.
Using the TCO you selected from the list above, which you felt was most relevant to your project
this term, write an essay answer explaining how the change management you saw in one of your
companies from your project this term followed or failed to follow the theory of success ingrained in
the TCO you have selected.
State the #1 thing you think that company's change agent did which most contributed to the success
or failure of the change and why that relates to the TCO you selected. * Include in the answer the
name of the company you are discussing. * Explain/analyze why you think this way. (Points : 35) |
2. (TCOs A, E) Your project this term asked you to compare and contrast two companies' change
projects or programs for change. This question will review what you learned about the change
projects in a continuation of your project. It will ask you to apply course

The Acceptance Of Software As A Service Essay
The acceptance of Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as
a Service (IaaS) and the increased rate of implementation by companies across the globe has
impacted internal IT / IS personnel in many ways. SaaS, PaaS and IaaS provide a virtualized
infrastructure that handles computing, data storage, desktop support, networking and mobile
services to meet the multiple needs of customers around the world. The other side of the equation
belongs to the company looking for cloud services; it is up to their management to determine what
extra steps are needed in order to meet the ever–changing information age with a growing
population determined to break into everything to expose flaws, steal information or humiliate
companies. Write a two to three (2–3) page paper in which you: There are many advantages and
disadvantages when considering Software as a Service, Infrastructure as a Service and Platform as a
Service such as updates and maintenance, private or public clouds and the type of service SaaS,
PaaS, or IaaS. First, updates and maintenance: it is imperative that the company look at the
maintenance services provided by the cloud host and how often updates and maintenance are
accomplished. Second, private or public clouds: management must determine which is more
important a cheaper service or a safer service. On the one hand, a private cloud offers the capability
of distributing its allotted resources amongst its users in a private setting

Reliance Digital Case Study
INTRODUCTION:
Reliance Digital is a leading retail outlet in electronic products. Reliance Digital sells over 150
national and international brands with over 4000 products. It is one of the leading electronic outlet
in India with good quality products as well as good quality customer service and satisfaction.
A very unique feature of Reliance Digital is 'RESQ'. RESQ consists of a post sales service and
advisory team who provide product lifecycle customer support. It also follows value for money
concept, which gives the best value for money in terms of Total Cost of Ownership.
Total Cost of Ownership is a financial estimate to help owners determine the direct and indirect
costs of a product.
When a customer buys a product he/she pay more than the price in which the dealer buys the
product. Reliance Digital takes the value for money concept ... Show more content on
Helpwriting.net ...
The costing methods taken up by Reliance Digital is Operating costing and Operations costing.
Operating Costing:
These are the expenses related to operations of a business or device. Cost of resources used by the
company to maintain its existence.
Reliance Digital deals with various kinds of electronic devices. To run the business and maintain its
status it needs to maintain good quality in its products as well as service. It incurs various costs in
maintenance of its products as well as providing quality service to its customers while selling a
product and also after selling the product.
Operations Costing:
This type of costing method is used when there is a operation carried out in different stages and not
the process. In reliance digital operations start from the initial booking that takes place from the
customers end through the process of carrying out that booking and completing the order on time.
The company incurs many costs in the entire operation.
Multiple

Financial Plan Write-Up
Financial Plan
The following sections will outline our financial plan for growth and continued sales. Important
assumptions are laid out in each section to better clarify what we are projecting.
Important Assumptions
The current economic climate in the U.S. appears to be on the brink of recession. We do believe that
this could have a mild impact on our company's profitability because many families will start to
allocate their expendable income towards more of the basic needs of the family. Spending money to
go out to eat will be minimized. H.O.M.E. believes, however, that because our products are
contributors to continued good health that people will continue to purchase our products to keep up
with a healthy lifestyle.
We ... Show more content on Helpwriting.net ...
expenses paid $5,000.00 $2,000.00 $2,000.00
Net cash provided by operating activities –$55,943.57 $10,296.85 $78,126.97
Cash Flows from Investing activities Payment to purchase equipment –$22,487.10 $0.00 $0.00
Net cash provided by Investing activities –$22,487.10 $0.00 $0.00
Cash Flows from financing activities: Payments of principal on amounts borrowed $6,000.00
$6,000.00 $6,000.00 Net borrowings under line–of–credit agreement $30,000.00 $0.00 $0.00
Proceeds from ownership savings $90,000.00 $0.00 $0.00
Net cash provided by financing activities $114,000.00 –$6,000.00 –$6,000.00 Net Cash Flow
$35,569.33 $4,296.85 $72,126.97
Cash Balance $35,569.33 $39,866.18 $111,993.15
Projected Balance Sheet
Our 2009 total assets we will have total of $57,459.99 and our total liabilities will equal $24,000,
and this will result in a net worth of $33,459.99. Our owner's equity section of our balance sheet
consists of the large

Netw250 Course Project Pbx Proposal
Company IP PBX Proposal
Alexander Ballete
DeVry University
Author Note
This paper was prepared for NETW250 taught by Professor Allison Rubenstein
Course Project Introduction The goal of this document is to come up with a proposal for the
company IP PBX system. In this proposal I will introduce several different Voice over IP vendors,
each fully qualified to becoming our company's new IP PBX system. Only one of the vendors will
be selected based on the criteria laid out by the Chief Information Officer. The vendors I will be
evaluating are Avaya, Genesys, Interactive Intelligence, Mitel, and Siemens. As I mentioned earlier,
each one of these vendors are fully qualified to becoming our company's new IP PBX system but
only one ... Show more content on Helpwriting.net ...
This includes email, chat, voice mail, IVR, outbound dial, CTI integration, URL browsing, and
CRM support. Genesys scores very high marks on email, chat, voice mail, IVR, and URL browsing.
IVR or interactive voice response is a system that interacts with callers to gather information and to
route calls to specific employees or agents. The Genesys reports that their IVR system can improve
customer experience by reducing live agent calls by 80%, increase automation rate by 10% with 1.5
million saved annually, and decrease agent talk time by 40% with their "intelligent" IVR system.
The Genesys IVR system comparable to the Mitel and Siemens IVR systems, which also scored
high marks as well however Genesys edges out the other two in the other categories. Computer
telephony integration is feature that is also very important for the IP PBX system to support. CTI
allows employees or agents to use their computer to initiate and manage calls. It also allows the
computer to direct calls to the right department. The Genesys SoundBite CTI Connect platform has
several features to help call center agent be productive at the workplace. Some of these features
include screen pops, intelligent call routing, and dynamic call pacing into the contact

Delectation Delicatessen Essay
Homework Problem Set #1
Delectation Delicatessen
Problem a)
Answer:
Delectation wants to determine the number of Fish–n–Fowl and Surf–n–Turf sandwiches it should
make each day to maximize the deli's revenues in USD$. The decision variables are how many units
of Fish–n–Fowl and Surf–n–Turf sandwiches Delectation should make each day.
F= units of Fish–n–Fowl sandwiches Delectation should make each day. S= units of Surf–n–Turf
sandwiches Delectation should make each day.
The objective function: maxmize F x 5.50 + S x 6.95
The Constraints: 0.25 x F + 0.25 x S<=200 | Tuna fish salad | Pound | 0.5 x F <=260 | Sliced
turkey | Pound | 0.40 x S <=60 | Sliced roast beef ... Show more content on Helpwriting.net ...
And Plant A losing production capacity will not change this fact. So only Plant B will increase its
production by 100 untis to make up the loss of capacity in Pant A. 2.The transportation costs for A to
region 1 and 2 are $1.50 and $2.10. The difference is $0.70. The transportation costs for Plant B to
region 1 and 2 are $2.35 and $3.55. The difference is $1.20. Since $1.20>$0.70, Plant A will
reduce its production and shipment to region 1 by 100 untis and Plan B will produce $100 units
more and ship to region 1.
Problem b) 50 cents increase in unit transportation cost between plant A and region 2
Answer:
Production and shipment plan will not be changed because the allowable increase of objective
coefficient of "from plant A to region 2" is 60 cents. The 50 cents change is within the limit so it will
not change the production and shipment plan. So it will only increase total cost by $450 as
900x$0.5.
Problem c)
Answer:
The additional revenue will cover the cost. The reasons are: First only Plant B has available capacity
to cover the 80 additional units. Second, 80 additional units is within the allowable increase range of
plan B so

Compare And Contrast The Classical Production Approach
Schoors et al. (2010) state that according to the classical production approach total deposits and total
loans are treated as output, and labour and physical capital are used as inputs. As we cite Ferrier and
Lovell (1990) emph {"The production approach views banks as 'producing' demand deposits, time
and savings deposits, commercial loans, real estate loans, and instalment loans, using capital, labor,
and materials to do so."} Next to this classical production approach, Schoor et al. (2010) mention
the intermediation approach introduced by Sealey and Lindley (1977) in their paper: emph{"Inputs,
outputs, and a theory of production and cost at depository financial institutions."} In this paper they
introduce earning assets as outputs and deposits as inputs. ... Show more content on Helpwriting.net
...
In the research paper of Schoors et al. (2010), they prefer the classic production approach because in
the intermediation approach, the deposits are neglected as an import output. In order to follow our
own rationale, we prefer to apply the classic production approach since deposits are neglected in the
intermediation approach and our dataset consists only out of deposit banks. Also Ferrier and Lovell
(1990) argue using the production approach if you are measuring the cost efficiency of banks
because it takes only the operating costs of banking into account. On the other hand, the
intermediation approach is preferable if you want to investigate the viability of banks since it is
concerned with the overall costs of banking. But since we want to conduct a comprehensive and
thorough research on this subject, we will also include a stochastic frontier model based on the
intermediation approach inputs and outputs in our robustness checks

Ownership Structure, Managerial Behavior and Corporate Value
Journal of Corporate Finance 11 (2005) 645 – 660 www.elsevier.com/locate/econbase
Ownership structure, managerial behavior and corporate value
J.R. Daviesa, David Hillierb,T, Patrick McColganc a University of Strathclyde, UK b University of
Leeds, UK c University of Aberdeen, UK
Received 21 November 2002; accepted 6 July 2004 Available online 20 April 2005
Abstract The nonlinear relationship between corporate value and managerial ownership is well
documented. This has been attributed to the onset of managerial entrenchment, which results in a
decrease of corporate value for increasing levels of managerial holdings. We propose a new
structure for this relationship that accounts for the effect of conflicting managerial ... Show more
With equity holdings around 50%, managers will have implicit control of their company, but still do
not have objectives completely aligned to external shareholders. Only at very high levels of
managerial holdings are incentives akin to other shareholders. When this model is applied to a large
sample of firms incorporated in the UK, managerial ownership is seen to have a significant impact
on corporate value. This relationship is endogenous, and consistent with Cho (1998) and
Himmelberg et al. (1999), corporate value has a corresponding effect on managerial holdings. We
also find that although ownership levels are affected by firm level investment, there is no evidence
of the reverse occurring. In the next section we outline our model of the managerial ownership–
corporate value relationship. We present empirical results in Section 3 and conclude in Section 4.
2. The model In this section, we propose an alternative structure to the managerial holdings–
corporate value relationship and argue that the cubic, or simpler representations, used in earlier
J.R. Davies et al. / Journal of Corporate Finance 11 (2005) 645–660
647
studies1 are unnecessarily restrictive and misspecified. The model that is presented here captures
further nonlinearities in this relationship at high levels of managerial holdings and has a quintic
specification.

Business Case Template
Please provide a professional looking document that includes the following
1. Project name– Please come out with a name for your project.
2. Project team– at this point you should have your project team in place. Be sure to identify your
team by its name and list all team members.
3. Project description –provide a brief description of the project. A project description should be
written so that anyone unfamiliar with the project can read and understand what the project is about.
Include a brief description of the organisation and the problem or opportunity that led to initiating
the project.
4. Measurable organisational value (MOV) – The MOV is the goal of the project and is used to
define the value that your project will bring to ... Show more content on Helpwriting.net ...
Setting the time frame for achieving the MOV can be determined by asking the question – when do
we want to achieve this target metric?
e. Summarize the MOV in a clear, concise statement or table – Once the area of impact, value,
metrics, and timeframe are agreed on, the MOV should be summarized so that it can be clearly
communicated to all of the project stakeholders. The MOV can be summarised in a statement: This
project will be successful if _______? On the other hand, a table format may be more appropriate
for summarizing the MOV if it has a growth component over two or more time periods .Keep in
mind that the MOV should tell everyone what the project will achieve, not how it will be achieved
.The MOV should focus on the organisation, not the technology that will be used to build or support
the system the information system.
5. Comparison of alternatives –To keep things simple, you may consider three alternatives for your
presentation; maintain the status quo (do nothing), purchase a software package, or build a custom
system. Using the web or library, determine whether any software packages currently exist that you
think may support the expected requirements. If more than one exists, then select one that you feel
may be the best option for your client. Compare each of the alternatives based on the following
criteria
a. Total cost of ownership(TCO)
This can be only a rough estimate at this time.

Snap Fitness Essay
Snap Fitness
ACC/566
July 16, 2012
David Kochevar
Snap Fitness
Executive Summary Owning a business is a dream for many people and one way to obtain that
dream is to take advantage of a franchise opportunity. Work–out centers are a rapidly growing
business. "Economically, the health club industry has proven to be recession–proof, averaging an
8% annual growth rate since the early 1990's across all health clubs and gyms"(Snap Fitness, 2012).
The following paper will reflect information concerning owning a fitness center and benefits to an
individual who seeks to own a business in this industry. Individuals across the country who want to
be fit often join fitness centers and most people want a no commitment month to ... Show more
The newspaper theory was used to complete the sales data, but this data point should be considered
a soft number as it is based off of a newspaper assumption. Break–even analysis uses the formula of
Sales = Variable costs + Fixed costs + Net income (Kimmel, Weygandt, & Kieso, 2009).
|Sales = |Variable costs + |Fixed costs + |Net income + |
|$7,800 = |$1,800 |$6,000 |$0 |
Monthly Sales
Snap Fitness is only able to be successful and profitable as a company if they set their monthly sales
goals to achieve. The set monthly sales goals are crucially needed to be set to insure the company's
has the ability to barometer to gauge. This will allow the Snap Fitness to verify cash flow and meet
all of the company's financial obligations. Snap Fitness is also able to use the information to verify
the sales team is meeting their individual and team goals and performance levels. Snap fitness is
required to meet $17, 800 in monthly sales to meet the target net income of $10,000. Income amount
of $10,000 will insure Snap Fitness will be able to make a profit for the investors and cover costs.
For the sales team to make $17,800 they will need to sign–up additional 685 new members. The
required sales to meet the $10,000 goal the Target net income

The Total Cost Of Ownership
Total Cost of Ownership (TCO, or total ownership cost TOC), is a concept that is progressively used
in business worldwide. The principle of the concept is that the full costs of a conclusion should be
assessed, rather than concentrating on the original purchase price of software and hardware, for
instance. The Total Cost of Ownership term is somewhat new but the methodology is comparable to
concepts of life cycle costs and other valid economic principles for appropriately evaluating
business decisions. Total Cost of Ownership is at times used to define the full costs of one choice. In
other occasions, Total Cost of Ownership is used to label the contrast of full costs of two contending
alternatives. With whichever practice, the approach ... Show more content on Helpwriting.net ...
Let us consider the present value, there are numerous ways to contemplate organizing or
categorizing the relevant costs.
Some analysts acclaim ascertaining direct costs such as things like: software and hardware purchase
price v. indirect costs such as: training and relocation costs. One could see it beneficial to also
contemplate about costs the initial costs equally obvious direct in addition to indirect costs. Some of
the reason this discrepancy is important is that a conclusion should not depend on the nominal sum
of the costs, but instead on the present value of the costs. A dollar now has more value than a dollar
one year from now; revenue today is more imperative revenue one year in the future. The pertinent
interest rate or discount rate is the businesses marginal cost of capital conforming to a level of risk
corresponding with the venture.
Consider a small business is planning on applying a new billing system. The key components of the
system will be: software, hardware, preliminary training, additional transition costs, successive
software upgrades, subsequent training, constant operations and maintenance. It has zero salvage.
The billing system is anticipated to last 3 years. The businesses investment company advises that the
forward–thinking cost of principal is 15%. The calculations in the table assume initial purchase at
time zero, and that other cash transpire at the middle of the year specifically, cash outlays for year 1
are

Equity Ownership Of A Company
In order to finance ongoing expenses and activities, a company can approach a bank and take a loan
to pay for these things. Instead of going to a bank, a company often offers investors either debt or
equity in their company. After exploring debt ownership last week, this week we are going to
explore equity ownership. One of the major concerns of owning equity in a company is the ability of
that company to perform, which is the only one of the only ways an investor can receive a return on
an equity instrument.
The most common form of equity ownership in a company is common stock and by owning shares,
you are a part–owner of the company. Along with ownership comes the right to vote on certain
company issues such as voting for the board of directors, stock splits, and other company objectives
(Harrison, Horngren, & Thomas, 2015). Common stockholders often have preemptive rights that
allow shareholders to maintain their portion of ownership in a company should the company choose
to sell additional shares. Along with the benefits there is a drawback, in the event a company
declares bankruptcy, common stock shareholders are the last individuals to receive company assets
behind creditors, bondholders, and preferred stock shareholders.
There are two classes of common stock shares Class A and Class B. The biggest different between
the two are the number of votes attached to the class or whether one class even has any voting
rights. A company may want the equity injection

ACC 281 week 5 post assessment Essay example
1. A company's ending accounts receivable balance and the period's advertising expense would be
found on which financial statements, respectively balance sheet and income statement (Yes.
Accounts receivable will be on the balance sheet and the advertising expenses on the income
statement)
2. How does financial accounting differ from managerial accounting managerial accounting deals
with internal reporting and financial deals with internal reporting (Yes. Managerial accounting deals
with internal reporting and financial accounting deals with external entities)
3. What calculation would you use to determine the net income
Revenues minus expenses equal net income. (Yes. Net Income = revenues – expenses)
4. Your healthcare ... Show more content on Helpwriting.net ...
Regulations and Rules in the Accounting Practice: There are basic accounting rules that all
organizations must follow. The purpose of these rules is to make sure that sound accounting
principles are being followed. There are private entity rules and governmental entity rules. Which of
the following acronym would best describe these regulations and rules
GAAP Generally Accepted Accounting Principles
FASB Financial Accounting Standards Board
GASB Governmental Accounting Standards Board (Yes. The correct acronyms are GAAP Generally
Accepted Accounting Principles; FASB Financial Accounting Standards Board; GASB
Governmental Accounting Standards Board
10. Determining which type of organization to form can take some time to figure it out and can be
based on your preferences. Why do many health organizations choose the corporate structure both a
and b (Yes. The corporate structure provides for limited liability and ease of transferring ownership.)
11. Which type of organization divides equity by percentage of ownership partnership (Yes. A
partnership divides equity by percentage of ownership
12. The Discount on Notes Payable account is associated with a note payable when interest is
included in the obligation's face value. (Yes. The discount on notes payable account is associated
with a note payable when interest is included in the obligation's face value.)
13. Assume that Robert Conrad, a nurse, worked 45 hours

Variable Effect Model And Random Impacts Model
β and β^* represent the results of fixed effect model and random effected model. var(β)–Var(β^*) is
the difference of covariance matrix inn two results as above.
When β=β^*, w=0; when β≠β^*, w＞0
Therefore, Hausman test is
W~X^2 (k)
The k represents number of explanatory variables. If significance level is α,
W＜X_α^2(k), it is said to choose the random effect model, the other is vice versa.
Now referring to our study,
The comprehensive performance P is 〖y 〗_it,
X_it shows different variables of ownership structure, μ_it represents error term.
Confirmatory factor analysis:
"Confirmatory factor analysis is a type of structural equation modeling that deals specifically with
measurement models, that is, the relationship between observed ... Show more content on
Helpwriting.net ...
Scholars are often used to measure the performance of indicators including ROE and s ' Q Tobin,
ROE is the net assets yield; Tobin 's Q (= the market value of the company / asset replacement cost)
is used by foreign scholars of the index, the index is reverse (Chen Goh, 2005). Referring to the
market value of a company, because of the special nature of the securities market and the ownership
structure of the commercial banks, the domestic scholars generally not used. And just use these two
single indicators not fully reflect the business objectives of the commercial banks' needs, nor it is
suitable for the measurement of the operational performance of China 's commercial banks. This
paper uses commercial banks ' net assets yield (X1), earnings per share (X2), liquidity ratio (X3),
loan to deposit ratio (x4), non–performing loan ratio (x5), the capital adequacy ratio (x6), the main
business income growth rate (X7), net profit growth rate (x8), total assets growth rate (x9), nine
specific indicators to measure explained variables, which as the comprehensive performance of the
commercial banks. Because the four aspects of the nine indicators were reflected in the executive
level of financial banks "profitability", "liquidity", "debt paying ability" and "growth" and on the
performance of commercial

Total Ownership Costs
Total ownership costs
Introduction
Total ownership cost is a financial estimate whose function is to assist customers as well as
organization managers to determine both direct and indirect costs of a system or product (Contract
management. 2006). Total ownership costs, as a management accounting concept it is applicable in
the full cost accounting. In addition, it is applicable in ecological economics where in includes
social costs among other costs. When it comes to manufacturing, total ownership costs goes beyond
the initial production cycle time as well as costs to make parts. Total ownership costs include
various costs of doing business items such as opportunity costs, ship and re–ship. Moreover, it
considers incentives and other variables developed for alternative approaches such as tax credit,
expedited delivery, supplier visits and common language among others.
Total ownership costs usually provide cost basis, which helps in determining the total economic
value of a certain investment. Examples include economic value added, rapid economic
justification, return on investment and internal rate of return. Analysis of the total cost of ownership
includes operating costs as well as total costs of acquisition (Contract management. 2006). This
analysis helps in gauging the viability of any capital investment in an organization. An organization
may use the analysis as a comparison tool for its products. Total ownership costs relate directly to
the organization's

Global Equity Research Telecommunications Equipment
12 April 2012 Global Equity Research Telecommunications Equipment
Smartphones 2012
Research Analysts Kulbinder Garcha 212 325 4795 kulbinder.garcha@credit–suisse.com Deepak
Sitaraman, CFA 212 325 5808 deepak.sitaraman@credit–suisse.com Achal Sultania 44 20 7883
6884 achal.sultania@credit–suisse.com Alban Gashi 212 538 3033 alban.gashi@credit–suisse.com
Talal Khan 212 325 8603 talal.khan@credit–suisse.com Matthew Cabral 212 538 6260
matthew.cabral@credit–suisse.com Vlad Rom 212 325 5442 vlad.rom@credit–suisse.com
INDUSTRY PRIMER
Growth robust...time to think compute
Raising smartphone estimates. We raise our global smartphone market forecast by 9%/15% to
688mn/885mn units (46%/29% growth) in 2012/2013, driven strength in both ... Show more content
on Helpwriting.net ...
U.S. Disclosure: Credit Suisse does and seeks to do business with companies covered in its research
reports. As a result, investors should be aware that the Firm may have a conflict of interest that
could affect the objectivity of this report. Investors should consider this report as only a single factor
in making their investment decision.
■ ■ ■ ■ ■ ■
12 April 2012
Table of contents
Executive summary Raising smartphone estimates Forecasting smartphones based on TCO Linking
our TCO analysis to the addressable market Smartphone volumes to grow at CAGR of 26% Price
point work also shows 1.1bn units long term Significant growth being seen in the low end A specific
growth opportunity within China LTE could be a game changer Improving device availability LTE
speeds could drive new services Coverage expansion of LTE networks Aggressive rollout plans in
US and China An upgrade cycle like none before A war of ecosystems..... Apple – the iOS and Mac
ecosystem Google/Android – a one trick pony? Windows 8 – what about the upgrade cycle?
Developer dynamics are critical Smartphone economics Carriers have seen margin pressure
Smartphone economics What can carriers do? Smartphones – winners and losers Apple scope for
share gains exist on multiple fronts Samsung – a strong second Nokia – heading for third position in

smartphones Multiple Android vendors may struggle HTC – still bleeding share Motorola
Mobility/Google – losing steam in the US Sony – change of

Essay on Group Collaboration Draft
Q1. Using the current exchange rate, what is the initial purchase cost per unit (in US dollars) paid to
Dong Hai Supply? (Do not include transportation costs)
547 Yuan x $0.14646 = $80.11
Q2. What is the average time for an order filling a TEU container to come from Dong Hai Supply in
Chengdu, China to IDC's Alliance Fort Worth Distribution Center? From CousinsAg in Wahoo,
Nebraska to IDC's Alliance Fort Worth Distribution Center?
15 + 1 + + 4 + 16 + 3 + 4 = 43 days to receive a TEU from Dong Hai Supply
10 + 5 = 15 days to receive a TEU from CousinsAg
Q3. Using the current exchange rate, what is the cost (in US dollars) to ship a TEU container from
Dong Hai Supply in Chengdu, China to IDC's Alliance Fort Worth Distribution ... Show more
Inventory carrying costs are based on the value of the product at the time it is held in inventory.
When the product in sitting in the IDC Alliance Fort Worth Distribution Center, its value is a
combination of purchase price plus any transportation costs to get it from the supplier to the DC plus
in–transit carrying costs. What is the total annual inventory carrying cost (in dollars) for the safety
stock and cycle stock inventory held at the Alliance Fort Worth Distribution Center if we purchase
everything from Dong Hai Supply? From CousinsAg?
Dong Hai Supply Annual Inventory Carrying Cost = 0.322 * ((24,037*80.11) + (24,037/551)*182)
= $622,601.
CousinsAg Annual Inventory Carrying Cost = 0.322* ((22,385*85) + (22,385/406)*105) =
$614,542.
Q9. Inventory carrying costs are based on the value of the product at the time it is held in inventory.
When the product in sitting in the IDC Alliance Fort Worth Distribution Center, its value is a
combination of purchase price plus any transportation costs to get it from the supplier to the DC plus
in–transit carrying costs. On a per–unit bases (in dollars) what is the total inventory carrying cost for
the safety stock and cycle stock inventory held at the Alliance Fort Worth Distribution Center if we
purchase everything from Dong Hai Supply? From CousinsAg?

Per unit carrying cost for Dong Hai Supply = $622,601 / 24,037 = $25.90
Per unit carrying cost

Troon Golf
Introduction
Troon Golfis the leading premier luxury golf management, development and marketing company in
the world.
Manages world–class golf courses, golf clubs, and resorts around the world.
Provides comprehensive solutions to almost all golf facility operations and developments.
History, Development & Growth
Founded in 1990 by Dana Garmany.
Headquartered in Scottsdale, Arizona.
Largest third party manager of golf and club operations.
197 golf courses worldwide.
Provide extraordinary guest and member experiences in 29 countries and 34 American states.
History, Development & Growth (Cont....)
Operate in two divisions:
Troon Golf: Manages operations of daily fee and resort facilities.
Troon Privé: Manages operations of private clubs. ... Show more content on Helpwriting.net ...
Corporate–level Strategy (cont..)
EZLINKS allows management companies to operate multiple golf courses from a single, highly
integrated platform.
Integrating real time performance data, multiple customer databases and multi–course marketing
program into stream line reporting and decision making to enhance customer service and increase
revenue growth.
Business–level Strategy
Strategic Replacement Program
Total Cost of Ownership(TCO)
A technique used to calculate a more accurate cost that includes all associated costs.
Gartner Group introduced TCO in the late 1980s when PC–based IT infrastructures began gaining
popularity.
Helps the company determine if the cost to maintain old technology is less than replacing the
hardware.
Lifecycle Management Plan
Business–level Strategy(Cont...)
Leasing Over Purchasing
Set up a Leasing Option with DELL Financial Services

Chapter 7 Solution

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Chapter 7 Solution