1. For all the line items that are calculated as a percentage of sales‚ we used an average for the last three years as our base case assumptions. Our observations led us to use this average because the percentages were fairly consistent over the last three years. Since the company was not operating at full production capacity we concluded that the company could continue growing without incurring an increase in fixed costs. The dividends were unchanged over the period of observation. Since taxes are
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The Book of Virtues by William J. Bennett. It was published on November 1‚ 1993 by Simon and Schuster. It was an anthology edited by William J. Bennett. The book is intended for the moral education of the young and is divided into the different virtues namely self-discipline‚ compassion‚ responsibility‚ friendship‚ work‚ courage‚ perseverance‚ honesty‚ loyalty and faith. Bennett has collected tales and stories and compiled it into one book. It was a type of fiction. The authors of each story used
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Why Did Susan Commit Suicide? Reconsidering Gender Relations from a Doris Lessing’s Novel. Studies in Literature and Laguage‚ Vol 4‚ No. 1‚ 2012‚ pp. 65-74. Online at http://www.cscanada.net/index.php/sll/article/view/j.sll.1923156320120401.277 Oxford Paperback Thesaurus. Oxford University Press. Third Edition‚ 2006. -------------------------------------------- [ 1 ]. Lessing‚ Doris. To Room Nineteen [ 2 ]. Lessing‚ Doris. To Room Nineteen [ 3 ]. Lessing‚ Doris. To Room Nineteen
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Question 1 a) In the late 1990s Nike found itself in a serious situation with its manufacturing approach in Asia.-Select and apply one of Porter’s models of strategy to explain why Nike were manufacturing in Asia? Michael Porter‚ leading author on company strategy and competitive advantage‚ has developed several generic strategies which‚ according to Porter‚ are the driving force behind any given company’s success. These strategies comprise of Cost Leadership‚ Differentiation and Focus. It is Porter’s
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Question 1: By using historical percentage-of-sales accounting ratio‚ this paper forecasts next three-year earnings and financial needs of The Body Shop. Due to lack of information‚ this forecast based on some key assumptions about the relationship between sales and other accounting ratios‚ firstly forecast sales then forecast other ratios in financial statements. Sales: It is assumed that sales growth ratio will maintain at 11% next three years due to the need of increasing revenue of The Body Shop
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6/7/2011 Overview of Anatomy and Physiology • Anatomy: The study of structures The Human Body: An Orientation • Subdivisions: – Gross or macroscopic anatomy (ex: regional‚ systemic anatomy) – Microscopic (ex: cytology‚ histology) – Developmental (ex: embryology) CH 1 1 Overview of Anatomy and Physiology 2 Overview of Anatomy and Physiology • Essential tools for the study of anatomy: – Mastery of anatomical terminology – Observation – Manipulation – Palpation –
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1. Alleles are different versions of the same gene and one may be dominant to the other. –TRUE 2. In a dihybrid cross of a mother and father who are both heterozygous dominant for chin fissures and dimples‚ what would be the phenotypic ratio of chin fissures and dimples in their offspring? –-9:3:3:1 3. If two alleles are heterozygous‚ it means they are the same allele. --FALSE 4. If the letter ""C"" stands for the dominant allele for having a chin fissue and the letter ""c"" stands for the recessive
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Case Overview FinePrint Company (FPC) owner and manager John Johnson is weighing a proposal from a local Virginia businessman by the name of Ernest Bradley and his small business “SmallPrint Shop” (SPS). FPC employs one sales representative and one printing-press operator‚ but it also relies on temporary labor to help with the fluctuations in volume. At current it is running at full capacity: 150‚000 brochures a month. SPS is known for its basic printing services; however it is capable of more
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1. If Wilkerson were to cut prices‚ based on contribution margin‚ to just cover short-term variable costs‚ what consequences could it experience? (5 marks) Several break-even-point assumptions are made in calculation: 1) Total fixed costs do not change with volume‚ and will exist regardless if the products are sold or not. 2) Sales mix will be constant. The contribution-margin percentage is 66.1%‚ which means 66.1 percent of each sales dollar is available for covering fixed costs and making
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RENDELL COMPANY CASE Case Overview Rendell Company is a company which had already involved in business almost 50 years and always produces profit. The company has seven operating divisions. Each division has general manager and Division Controller. The Division General Manager is responsible for reporting the division achievement to Corporate Controller. Division Controller has obligation to make report to Division General Manager regarding budget and performance reports. Corporate Controller
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