Apr 88 140 May 87 140 Jun 95 140 Jul 96 160 Aug 1‚251 1‚620 Sep 1‚474 1‚840 Page 1 Table C Oct 1‚723 2‚140 Nov 1‚965 2‚285 Dec 940 1‚115 Page 2 Exhibit 1 Exhibit 1 Pro Forma Balance Sheets Under Seasonal Production‚ 1994 (thousands of dollars) Note Actual Dec. 31‚ 1993 Jan. Feb. Mar. Apr. May June July Aug. Cash Accounts receivable Inventory Current assets Net plant and equipment Total assets (a) (b) (c) $200 2‚905
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Toy World Inc Company Background: Toy World‚ Inc. was founded in 1973. Toy World is a manufacturer of plastic toys for children. In the past‚ the company’s production schedules had always been highly seasonal‚ which reflected the seasonality of its sales. In‚ January 1997‚ the president and part owner of Toy World‚ Inc. began considering a proposal to adopt level monthly production for the coming year. The production manager speculated that about $265‚000 in savings would result from level
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INTRODUCTION Toy World‚ Inc. was a manufacturer of plastics toys for children. Its product groups included toys cars‚ trucks‚ construction equipment‚ rockets‚ spaceships and satellites‚ musical instruments‚ animals‚ robots‚ and action figures. The products are a wide range of designs‚ colors‚ and sizes. This kind of business was a highly competitive business. Moreover‚ this industry was populated by a large number of companies‚ which were short on capital and management talent. Since capital
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Toy World‚ Inc. Early in January 1994‚ Jack McClintock‚ President and part owner of Toy World‚ Inc.‚ was considering a proposal to adopt level monthly production for the coming year. In the past‚ the company’s production schedules had always been highly seasonal‚ reflecting the seasonality of sales. Mr. McClintock was aware that a marked improvement in production efficiency could result from level production‚ but he was uncertain what the impact on other phases of the business might
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Toy World‚ Inc. is a fairly healthy toy manufacturing business that is looking at a cross roads in it ’s main operating procedure. Jack McClintock is President and partial owner of Toy World. His new production manager‚ Dan Hoffman‚ has been on the job through one business cycle (about one year). This toy business is a seasonal business with most of the sales coming between August and December. Since its inception Toy World has followed a seasonal production schedule to match customer demand
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Running head: Toy World‚ Inc. Case Study Toy World‚ Inc. Summary I have been hired by Toy World’s treasurer Grace Jones‚ as her assistant‚ and have been given the task of preparing a cash budget for the CEO Dan Culbreth. I have been told to do a monthly budget for January to June and a daily budget for the month of January. I’m required to have this cash budget done by Sunday for a meeting with Dan and Grace. Dan will then be presenting the budget in his meeting about loan requirements‚ with
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Inc. was founded in 1973 by David Dunton. Before that‚ he had been employed as production manager by a large manufacturer of plastic toys. Mr. Dunton and his former assistant‚ Jack McClintock‚ established Toy World‚ Inc. with their savings in 1973. Originally a partnership‚ the firm was incorporated in1974‚ with Mr. Dunton taking 75% of the capital stock and Mr. McClintock taking 25%. The latter served as production manager‚ and Mr. Dunton‚ as president‚ was responsible for overall direction of
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Influenza (Seasonal Flu) An average of 20‚000 children below 5 years is hospitalized each year due to flu-related complications. Influenza‚ seasonal flu which is usually known as flu is a respiratory illness caused by virus. People always use the term flu to describe mild illnesses. It is very contagious and commonly spread through cough and sneezes of infected person. The best way to prevent flu is to get the seasonal influenza vaccine each year. Children 6months and older are encouraged to get
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QUESTION 1 a) Seasonal demand can be consumer interest in purchasing particular products only during a specific period within the calendar year. For example‚ Christmas trees‚ most fruits‚ school books and uniforms‚ TVs‚ cards and tourism sector among others are subject to seasonal demand. There are certain problems that are associated with this kind of seasonal demand they include; Over stocking is one of the problems of this kind of demand. Seasonal demand poses problems for businesses because
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Seasonal affective disorder The syndrome of winter depression‚ is called seasonal affective disorder (SAD)‚ is specifically related to the changes in the length of daylight from the seasons. It begins to lift as spring approaches with daylight hours becoming longer. SAD is rare in the tropics‚ but is measurably present at latitude of 30 degrees N (or S) and higher. People who live in the Arctic region are especially susceptible due to the effects of polar night. Prolonged periods of
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