Mary Kathryn LoConte
• ECY started in 2002 as a Limited Liability Company (LLC) with the mission of
creating custom, high performance yachts for the pleasure sailor.
Running head: Week Five Assignment
Week Five Managerial Finance
December 17, 2012
Complete Chapter 13 Closing Case at the end of the chapter and submit answers to your instructor.
YOUR 401(K) ACCOUNT AT EASTCOASTYACHTS
You have been at your...
Pages 86-88 presents’ data for the EastCoastYachtsCase: Do the following listed requirements, NOT the requirements listed in the text.
Req # 1
Compute all industry ratios presented for EastCoastYachts and COMPARE and comment on each ratio as compared to the Industry Median.
compute the best option, we need to compare the net present value of the 3 options available to Ben: •
Option 1: To stay at EastCoastYachts:
Annual Salary Tax Rate Salary after Tax deduction Discount Rate (r) Growth Rate (g) PV of cash flows for 35 years
o Growing Annuity: PV = C [1-(1+g/1+r...
How has the strategy of pirates changed over time?
The North and Eastcoast of Africa are very well traveled waterways for the Global Maritime Shipping business. Learning about and working with one of these businesses was very eye opening to an unknown world. With every major industry there are...
matter, to buy part of a new plant of machine. In this case, a company has a “staircase” or “lumpy” fixed cost structure. Assume that EastCoastYachts is currently producing at 100% of capacity. As a result, to expand production, the company must set up an entirely new line at a cost of $25,000,000. Calculate the new EFN with this assumption. What does this imply about capacity utilization for EastCoastYachts next year?
ASSIGNMENT FOR MANAGERIAL ACCOUNTING AND FINANCE
RATIOS AND FINANCIAL PLANNING AT EASTCOAST YACTHS
1. Calculated all of the ratios listed in the industry table for EastCoastYachts.
Current Ratio = Current Asset / Current Liabilities
increased in specific amounts because it is impossible, as a practical matter, to buy part of a new plant or machine. In this case a company has a “staircase” or “lumpy” fixed cost structure. Assume that EastCoastYachts is currently producing at 100 percent Of capacity. As a result, to expand...
Cyclops and its crew of 309 that went missing after leaving Barbados in 1918.
The TBM Avenger bombers that went missing in 1945 during a training flight over the Atlantic.
A Douglas DC-3 aircraft containing 32 people that went missing in 1958, no trace of the aircraft was ever found.
A yacht was...
that this report "is completely false." Quasar reasons that because Lloyd's does not insure small crafts like yachts and often doesn't insure small charter boats or private aircraft, its records can't be the definitive source. He also states that the Coast Guard's records, which it publishes annually...
of the study, then public campaigns such as SOS have not succeeded to convince their publics that piracy is a public concern. They have failed to make a case that piracy is more than an issue of commercial interests and a problem of a handful of corporations (which moreover, have hesitated to...
Pacific Navigation and Voyaging Ed. Ben R. Finney. New
Zealand: 1976. 29-46 Farrall, Lyndsay et al. Unwritten
Knowledge: CaseStudy of the Navigators of Micronesia.
Australia: Deakin University, 1979. Gladwin, Thomas. East
Is a Big Bird: Navigation & Logic on Puluwat Atoll.
years for study will be 2 years (T = 2); so the present value of two years costs for this university is $140,575.12.
If Ben takes this route he will be losing the annual salary from EastCoastYacht. PV of indirect costs (lost salary) = $37,000 / (1.065) + $37,000 * (1 + .03) / (1 + .065)2 makingPV of...
investigates cases in which terror events lead to a disaster in which travel industry and, in turn, result in a crisis in the hospitality industry. This study also marks one of the first attempts to research crisis management of hotel managers in India. The analysis is very important in terms of travel...
to hide the losses by creating various subsidiaries.
6. Sub questions 1-4 on Mini case on West CoastYachts of chapter 3 on Page 85.
1.) Calculate all the ratios listed in the industry table for West CoastYachts.
Current ratio = Current assets / current liabilities = $11,270,000...
lived Tamils. There was a Sinhalese kingdom in the Southwest based in Kotte and another in the centre and east based in Kandy.
Trincomalee is a major port city in Eastern Province, Sri Lanka and lies on the eastcoast of the island, about 113 miles south of Jaffna. It is also the...
The first reaction many people give when asked about the Bermuda triangle is “I don’t believe in it!” yes what is it they don’t believe in? The Bermuda Triangle is actually two things.
First off, it is a geographic area of the North Atlantic Ocean located of the south eastcoast of the United...