V.ANALYSIS OF STRATEGIC FACTORS (SWOT) A. Situational Analysis External Opportunities: 1.Domestic expansion 2.Quality favor 3.Cost leadership 4.Product expansion 5.International expansion External Threats: 1.Strong competition from Glidden and DuPont 2.Decreasing market 3.Shipping costs 4.customers lack of confidence 5.Poor economy Internal Strengths: 1.Competitive pricing 2.Consistent growth of the company 3.Low cost of raw materials 4.Fast service 5.Consistent
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Discuss the seven steps in problem solving. Give a practical example of how you could apply these seven steps in making a decision and solving a problem. The goal of a good problem-solving process is to make individuals and organizations more "conflict-friendly" and "conflict-competent". Understand the interests of everyone involved so that solution(s) are satisfying to all parties. The seven steps to problem solving and effective decision-making are: 1. Identify and clearly define the problem
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1. Background In a developing country like Bangladesh‚ working capital management has not been revisited very extensively. The working capital is considered as the life blood of a firm .And cash conversion cycle is the primary measure of working capital efficiency. Cash conversion cycle basically shows how long it takes a firm to convert resource inputs into cash flows. This consists of three parts‚ receivables collection period‚ payables deferral period and inventory turnover period. 2. Purpose
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La Familia Company Limited La Familia Company limited is considering the purchase a high speed drill to replace the old one that they currently have. The old drill was purchase 3 years ago at an installed cost of $500‚000 and is estimated to have a usable life of 5 years. The new drill is expected to cost $850‚000 with $20‚000 to be spent on installation and also has a 5 year usable life. La Familia can sell the old drill at $60‚000 inclusive of removal cost. The purchase of
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The transactions completed by Franklin Company during January‚ its first month of operations‚ are listed below. Assume that Franklin Company uses the following journals: Cash Receipts (CR)‚ Cash Payments (CP)‚ Revenue (R)‚ Purchases (P)‚ and General (G). Assume that it uses Accounts Receivable and Accounts Payable Subsidiary Ledgers as well as a General Ledger. Indicate by letters which journal would be used for each transaction. Also indicate if the entry requires a posting to a subsidiary ledger
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University of Phoenix Name XACC/280 Week four checkpoint Date Checkpoint: Besides the general journal‚ there are four different special journals; the Sales Journal‚ the Cash Receipts Journal‚ the Purchases Journal‚ and the Cash Journal. The Sales Journal records all sales of merchandise on account‚ cash and credit sales not included. The advantage of the sales journal is that it is time saving and easy because not every transaction has to be singled out‚ total can be reported instead
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2. 1 Current Ratio Table 1: Current Ratio of Mattel in 2010‚ 2011 and 2012($ thousands) |Year |Current Ratio =Current Assets/Current Liabilities | |2010 |$3‚226‚610/$1‚350‚282=2.39 | |2011 |$3‚443‚707/$1‚038‚928=3.31 | |2012
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Cakelove and love cafe 1. How was Warren Brown able to finance the growth of his company? Warren financed his first storefront by securing a commercial loan from his community bank‚ CityFirst Bank of DC because other commercial leaders in larger‚ mainstream financial institutions thought it was a particularly good credit risk. After opening CakeLove‚ he turned again to CityFirst Bank to finance it because CakeLove was too new to have positive cash flow to support itself. After CakeLove
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Over the years there have been numerous articles written about the importance of working capital management regarding the profitability of a firm (Shin and Soenen‚ 1998; Deloof‚ 2003; Garcia-Tereul and Martinez- Solano‚ 2007; Raheman and Nasr‚ 2007; Mathuva‚ 2009; Dong and Su‚ 2010). Various authors have conducted researches in different countries on employing working capital in an optimal way in order to pursue profitability. But some authors still have different findings on how working capital
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New Corcentric Blog: Calculate ROI to Convince Your CFO (1888 PressRelease) Instead of talking about how automation and e-invoicing creates efficiencies in accounts payable‚ show your CFO the real ROI. McLean‚ VA - Corcentric‚ a leading provider of Accounts Payable automation and e-invoicing solutions‚ knows that sometimes the main obstacle to implementing an AP workflow automation solution is convincing the CFO that the benefits outweigh the costs. Corcentric cites a recently published
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