Credit Policy Decisions Name FIN/200 Date Instructor Credit Policy Decisions Foundations of Financial Management‚ Alternative Financing Plans‚ problem 17 (Block‚ B.B.‚ Hirt‚ G.A.‚ & Danielsen‚ B.R.‚ 2009‚ pg. 220). Collins Office Supplies 17. Collins Office Supplies is considering a more liberal credit policy to increase sales‚ but expects that 9 percent of new accounts will be uncollectible. Collection costs are 5 percent of new sales‚ production and selling costs are 78 percent‚ and
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JC Penny On April 14‚ 1902 James Cash Penney the founder and two partners opened the Golden Rule dry-goods store in the small town of Kenner‚ Wyoming. In 1907 Penney bought out his original partners and took on new ones‚ beginning with Earl Corder Sams. When the firm was incorporated on January 17‚ 1913 as JC Penny Stores Company‚ there were 34 stores in the American West. Penney then moved the company’s main headquarters to New York. Today Penny’s is engaged in marketing apparel‚ home furnishings
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Week 4 Assignment When it comes to random student locker searches‚ I feel that all teachers have the responsibility to give any information that they may have concerning any illegal acts that their students are involved in. If this information leads to the administration searching that student’s locker‚ then it is being done to make sure all the students are being kept safe. I do not feel that anyone’s locker should be searched without a significant amount of proof or suspicion. It should not be
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are 17 shops. In the future there will be a 100 shops. This should aid in appealing to a diverse set of customers by essentially creating a “mall within a mall”. (JCP Online‚ 2013) Customer Focus From its online payment options to 24 hour‚ 7 days a week customer service line‚ to online order tracking‚ J.C. Penny’s has found a way to offer better service to satisfy the customer. The focus on the customer continues with the implementing of advanced checkout technologies. The advanced technology
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Jails and Prisons Grace Melendez CJA 490 December 24‚ 2012 Kevin Perry Jails and Prisons In the world of Criminal Justice‚ jails as well as prisons play an extremely important role in society. These facilities serve the purpose of housing individuals who have committed a crime. This paper will focus on the various types of prisons‚ the comparison of jails and prisons in the United States correctional system‚ the advantages and disadvantages of probation and parole‚ the role of community-based
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the corrections system. This week we will examine corrections‚ the major goals of contemporary sentencing‚ who is sentenced‚ and how these sentences are formulated. Please respond to all three of the following prompts: * Define‚ then compare and contrast the prison and the jail systems. Jail is a place of detention‚ a place where an individual convicted or suspected of a crime is tained. Jail holds people accused under federal‚ state ‚ county and or city. Jails people awaiting trial‚ people
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Alternative Financing Plans A. Short-term interest exp. (400‚000 + ½ (300‚000)) 5% = (550‚000) 5% = 27‚500 Long-term interest exp. (400‚000 + ½ (300‚000)) 10% = (550‚000) 10% = 55‚000 27‚500 + 55‚000 = 82‚500 Earnings before interest and taxes = 200‚000 Interest expenses = 82‚500 Earnings before taxes = 200‚000 – 82‚500 = 117‚500 Taxes = 117‚500 X 34% = 39‚950 Earnings after interest and taxes = 200‚000 – 82‚500 – 39‚950 = 77‚550 B. Short-term interest exp. ( ½ (400‚000)) 5% = (200
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Week 4 Assignment - Franchising Jerami West HTT/200 Sunday May 6th 2012 John Laches Week 4 Assignment - Franchising There are many resources available in this day and age to help assist someone who is thinking about franchising a business. One of the best resources that I have come across is a website for the International Franchising Association. This website has many tools available for anyone that may be interested in franchising a business. There are 7 main sections of information on
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General Background Founded in 1902‚ JC Penney is one of America’s leading retailers‚ operating more than 1‚000 department stores throughout the United States and Puerto Rico‚ as well as offering products online and through catalogs. In January 2012‚ Johnson was recruited by J.C. Penney investors and left the United States’ second-most-valuable company‚ Apple‚ to join the J.C. Penney. He wanted a new challenge. CEO Ron Johnson introduced a plan to rebrand the department store J.C. Penney. The plan
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According to the article it seems the retail store we all know as JC Penny hasn’t been doing so well as far as their sales have been going which is something the public was probably unaware of. The article stresses how well they are doing and the come up they made however are they really making a come up. By the end of the year will they meet their sales needs? The article explains. According to the article JC Penny‚ “the company is seeking to calm investors who are growing pessimistic about a turnaround
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