1. a. What is the “average” size of the market in CMI pads given that each set of 6 CMI pads will drive 10‚000 feet? Market Size Hammers 19500 26000 Weeks used 25 25 Hours per week 30 30 Feet per hour 20 20 Feet per year 290000000 390000000 Feet Per Set (4 initially plus 2) 10000 10000 Sets per year 29000 39000 Pads per year 174000 234000 Pads Manufactured 3000 3000 % of Market 1.72% 1.28% It is estimated that there are 19‚500 to 26‚000 hammers in use 25 weeks per year or 30 hours per
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in the business of transportation of crude palm oil (CPO). It was in a niche market because of high demand in delivering the CPO from the mills to the refineries. In addition‚ due to this reason‚ the industry players were rewarded with high gross profit margin which ranged on 35% - 45% with low administrative overheads. However‚ as PHSB involved in service industry‚ high cost of sales was inevitable in the operations. This issue created higher competitiveness in the market because the industry players
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Job/Performer Level The job/performer level contributed to the lower gross/profit margin at the expense of the company based on the overtime having to be used to fulfill the quota needed per day. The turnover of employees resulted in machines without operators on a normal schedule‚ resulting in excessive overtime to maintain the daily need for production. The turnover started approximately six months ago when the merger of the two companies was in discussion. The fear of closing one of the facilities
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In the case of Goodner Brothers‚ Inc. ‚ the six key control weakness were no proper segregation of duties‚ no proper procedure on recording documents‚ lacking monitoring on performance review‚ low gross profit margin than benchmark‚ no control on accessing to the accounting system and inventory storage and too depends on the honesty of the employees. Woody Robinson know very well that the company have these weaknesses that give him the chances to enter the hole to start the fraud activities. Firstly
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and how they are calculated‚ giving example calculations to illustrate these terms using 2012 accounts from J Sainsbury’s Plc & Wm Morrison Supermarkets PLC. For the purpose of the Accounting Term Like for Like Sales Sales Per Square Foot Profit Margin Return on Capital Employed Asset Turnover Stock Turnover Creditor Payment Period Quick Ratio Gearing Ratio Price Earnings Ratio Type Trading Performance Measures Profitability Ratios Efficiency & Effectiveness Ratios Liquidity Ratio Gearing Ratios
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Current Industry Highlights With growing infrastructure need of the country‚ cement demand growth surpassed economic growth rate of Bangladesh over the years. The Industry is highly concentrated. Out of 34 cement companies‚ large 10 companies control more than 70 percent of the total cement production in Bangladesh. Contractionary monetary policy discouraging credit flow to the unproductive sectors like real estate will make the housing loan more costly. However
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About the Companies 1.1 Cerebos Pacific Limited (CPL) Cerebos Pacific Limited (CPL) is a manufacturer and distributor of health supplements‚ Asian and Western food‚ and beverages to market throughout Asia and Australasia. The company’s products include its flagship BRAND’S chicken essence‚ other health supplements‚ coffee‚ sauces‚ canned products and desserts. BRAND’S® will celebrate its 175th Anniversary in 2010‚ with significant milestones underlined by the opening of new state-of-the-art manufacturing
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Group Assignment Topic: Café de Coral Background of Café de Coral The Cafe de Coral Group was incorporated in 1968‚ but it would not be until September 1969 when it opened its first Café de Coral restaurant in Causeway Bay. The chain gradually expanded over the next decade and went on air in 1977 when it promoted its restaurants through TV commercials. In 1979‚ Café de Coral established its first food processing plant‚ a move commonly taken to lower costs and ensures consistency. In 1986
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less than industry average. Inventory’s percent of change has increased to 19.6% from 2011 to 2010. This is 8.2% above the industry’s average‚ which might lead to obsolesce of inventory. Gross profit margin and net profit margin has increased but gross profit margin is above industry average and net profit margin is below industry average. We noticed a couple one-sided entries on the books for pre-paid expenses and accrued expense. Analyzing the cash flows statement‚ we found a mathematical error
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Cory Collins 10/25/13 ECON 450 The quick service restaurant (QSR) industry‚ also known as the fast food industry‚ consists of a large variety of restaurant types‚ including but not limited to ice cream parlors‚ fast food restaurants‚ pizza parlors‚ coffee shops. With all of these different types of eateries‚ the QSR industry makes up a massive section of small businesses in America. This means that the market size is large‚ and that there are not restrictive barriers to entry. Some of the giants
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