Midterm Exam Accounting at MacCloud Winery 1. The leased building will be accounted as an asset and the agreement to pay lease rentals be recorded as a lease liability. Accordingly‚ the depreciation expense attributable to space used in manufacturing/processing wines will be accounted as inventory
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There’re 5 segments‚ jug or commodity (< $3)‚ popular premium ($3-$7)‚ super premium ($7-$14)‚ ultra and luxury (>$25). Jug wine consumption is nearly 38% of case sale but only 13% of the retail sales. The economics of the particular wine‚ the gross margin from the wholesaler and retailer is 41% and 9% compared to 12% from wine producer. Five forces analysis to Winery Industry: Threat of the new entry: Low The wine making industry is a capital intensive business‚ which requires a large
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Green Shoe Estates Case Analysis The marketing activities held by Green Shoe in order to maintain market share should emphasis on two aspects: on-site (in the winery) and off-site (out-side winery). For on-site marketing‚ Green Shoe could focus on the advertising of winery tourism. This strategy helps to increase sales in the present market‚ attract new customers and foster brand loyalty. Although the company already has a tasting room‚ it should develop some other activities including new product
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Freemark Abbey Winery Group ZZZ 1. Construct the decision tree for William Jaeger. 2. What should he do? Jaeger should choose to harvest later and wait for the storm. If the storm does come but destroys the grapes‚ he can decide whether to bottle wine or not to protect winery’s reputation. In either way‚ he will gain higher revenues from harvesting later than harvesting immediately: EV of “Do not harvest & Bottling”: $39240 EV of “Do not harvest & Not bottling”: $39240-$12000*0.6*0.5=$35640
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J Boats Case Summary J Boats is one of America’s most successful and famous boat builders. In its history‚ the company won many awards as well as worldwide reputation. J Boats was operated and managed by five individuals and won the market because it’s distinguished strategy and products. Mission The founders define the perspective of J Boats as “Our job is to get people excited about buying new boats and get dealers excited about selling them.” “Everything that we do and say is focused on a single
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MAESTRIA EN ADMINISTRACIÓN DE PROYECTOS GESTIÓN DE RIESGOS E INTEGRACIÓN DE PROYECTOS CASO No. 3 FREEMARK ABBEY WINERY PRESENTADO POR KARLA ALVARENGA – 10943107 ING. NANCY M. PEREZ DE PINEDA TEGUCIGALPA‚ M.D.C. 02 DE JUNIO DEL 2010. 1. ARBOLES DE DECISIÓN Gran parte del proceso de gestionar riesgos tiene que ver con mirar al futuro e intentar entender lo que puede pasar y si tiene importancia. Una técnica importante
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Decision Analysis Case Study FREEMARK ABBEY WINERY Khurram Masood’s section HLCC Consulting Inc. Julian Hong Nicolas Liao Alan Chen Cheng-Chieh Chao Decision Basis Information Probability of rain‚ mold formation‚ acidity‚ sugar level‚ wine price‚ reputation value‚ detector accuracy‚ spores effectiveness‚ immigration law Mr. Jaeger’s Alternatives Harvest now or later Use detector or not Buy spores or not Sell in bottle or bulk Mr. Jaeger’s Preferences Prefers more money than less
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J & J electrical incorporation Pratap Singh Limbu International American University BUS 590: Strategy Management Professor Raj Kumar Sharma August ‚ 2015 Company Background The J & J electrical incorporation started its venture in 1981 in Glendora with the parthnership with Miriam Mureay who is wife of an acquaintance. The contracting company do the work related to power‚ lightening‚ electrical equipment and electrical contractors licensed in California. The company was small fish in big pond
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1. What are the problems facing Pat Waller? The problems facing Pat Waller are the high turnover rate‚ using unsuccessful push strategy‚ and a commission structure that does not reward evenly across all sales levels. Also the unrealistic quotas that are too high creating unethical behavior with the front line sales force. Mangers are hired from one specific group‚ the chain group leading to lack of cross training. Lack of gender diversity is apparent in the different sales areas and most
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Jean Piaget and Erik Erikson had two different yet slightly similar beliefs as to how a person develops from birth to adulthood. Erikson believes that there are 8 stages of psychosocial development and Piaget believes there are 4 stages of cognitive development. Erikson’s studies revolve around the development of a child’s social ability to interact with others while Piaget’s studies revolve around a child’s physical and mental development. While Erikson’s and Piaget’s theories differ as far as ages
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