...Cape Chemicals Implementation of one day delivery coupled with unenforced accounts receivable terms has lead Cape Chemicals to tremendous growth. Unfortunately, these policies have also caused cash flow deficiencies in the form of high inventory and lack of receivables collected. Being that inventory and accounts receivables make up most of the working capital factor, high ratios of either in comparison to sales can prove to be detrimental. This case does an excellent job in providing an example of this situation. With that being said, if no drastic changes are made, Cape chemicals runs the risk of growing itself out of business. Scenario one, assuming high growth and business as usual, shows the shape that Cape Chemicals is in. Right away we can see that their costs are extremely high. A business such as Cape Chemicals should have a profit margin somewhere around 3%, whereas it is currently 1.74%. Working capital is notably large, as stated earlier due to very high levels of inventory and accounts receivables. This scenario amounts to an increasingly negative free cash flow and an astounding accumulation of debt. In just 4 years, debt is projected to go up about 150%. For comparison, in that same time frame sales are only projected to increase a total of 86%. Furthermore, costs are increased due to a decision to triple the workforce, a decision that proves to be unwarranted by the overall growth rate of this company. This scenario clearly highlights Cape Chemical’s growing...
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...Area -1,220,813 sq km Neighbours-Namibia in the northwest, Zimbabwe and Botswana in the north, and Mozambique and Swaziland in the northeast Caiptal -Pretoria (administrative); Cape Town (legislative); Bloemfontein (judicial) 1 Natural Resources Only 12 % of South Africa’s land area is cultivated 8 % is forested South Africa is the world’s largest producer of gold, Witwatersrand Gold is mined to depths below (10,000 ft) Diamonds are another important source of South Africa’s mineral wealth. diamond fields are located in the Kimberley area of Northern Cape. South Africa also has large reserves of chromite, vanadium, andalusite, manganese, platinum, nickel, and fluorite Cape of Good hope from cape point Climate South Africa enjoys a generally warm, temperate climate. Most of the country experiences light rainfall and long hours of sunshine Gamskapoortdam, dry lands, Little Karoo De Beers diamond mines, Kimberley Table Mountain, South Africa 2 Natural RegionsHighest peak-Njesuthi, a peak of the Drakensberg(11,306 ft). The plateau region – The High Veld (southern continuation of the great African plateau that stretches north to the Sahara. The Middle Veld The Bush Veld. Rivers and Lakes- Orange, Vaal, and Limpopo. The Orange is the longest, stretching about 2,100 km (about 1,300 mi). Washing sand for diamonds on the banks of the Vaal River orange river Baobab Tree, Limpopo, Musina 3 ...
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...Name: | Belova | | Kasimirov | | Given Name: | Kristina | | Alexander | | Student ID: | MIT130959s | | MIT130963s | | Topic: | Case Study assignment. Management accounting. | Submitted to: | Mr Wayne Smithson | | | | MIT SYDNEY | | | | | | Data: | | | 13.10.2014 | | | | | | | | | I certify that this assignment is completely my own work. I understand that the penalty for plagiarism is zero marks. | Signature: | | | | | | Q 8.33 1. Overhead to be assigned to film development chemical order: Activity cost pool | Cost per unit of activity driver | Level of cost driver | Assigned overhead cost | Machine setups | $2 000 per setup | 4 setups | $ 8 000 | Material handling | $2 per kg | 10 000 kg | 20 000 | Hazardous waste control | $5 per kg | 2 000 kg | 10 000 | Quality control | $75 per inspection | 10 inspections | 750 | Other overhead costs | $10 per machine hour | 500 machine hrs | 5 000 | Total | | | $43 750 | 2. Overhead cost per box of chemicals = 3. Predetermined overhead rate = = = $31.25 per machine hour 4. Overhead to be assigned to film development chemical order, given a single predetermined overhead rate: (a) Overhead assigned = $31.25 per machine hour @ 500 machine hours = $15 625 in total (b) Overhead cost per box of chemicals = = $15.625 per box 5. I would recommend 2 product costing, because less machine set up only , cost per box $15.625 compare with...
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...Background – about the company or business About Cape: Cape Scaffolding, provides a range of non mechanical industrial services including access systems, insulation, painting, coatings, blasting, industrial cleaning, scaffolding, training and assessment to both industrial plant operators and major international engineering and construction companies. As a single source provider, Cape is able to provide a range of specialist multi-disciplinary services specifically tailored to meet the needs of the client providing the most intelligent and cost efficient solutions for their customers’ non-mechanical implant maintenance and capital needs. Cape's approach to business is based on an understanding that today's industry leaders demand safer, more intelligent and resourceful answers to solving their challenges and those strong customer relationships are built on confidence and trust. Focus for the year ahead will be: Realising the very significant organic growth opportunities in our chosen markets Exploiting the strengthening bid scaffolding with further bolt-on acquisitions; and Building on the value of the Cape Australian brand Trading momentum has continued into the new year and expect: Continued organic revenue growth in 2012 supported by growth in order book Although anticipated that operating margin will reduce we expect strong cash generation with asset replacement ratio of broadly 100% Commitment Cape people are committed individuals, who approach...
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...* Provide a brief explanation of the cause and effects associated with this case. Rachel Carson had a history of interest with the chemical called DDT. She had tried to get DDT some attention unsuccessfully until her book came out in 1962. She had a friend who wrote her about the large bird kills on Cape Cod from the use of DDT. DDT around the late 40’s and 50’s was thought of a miracle pesticide and its use became very popular. Carson tried over a long period to get a magazine to support her in showing the negative side of DDT usage. But after a long time she had a lot of her own research and decided to go on with her own book. Her book “Silent Spring” showed how ddt entered the food chain and then we stored in the fatty tissues of animals and even humans which was the cause of cancer and genetic damages. Carson discovered that a single application of DDT to a crop would kill insects for months, and it would kill more than just the target insects. Even after being diluted by rain it would still remain toxic to the environment for a long period of time. Carsons book concluded that DDT, along with other pesticides had irrevocably harmed birds and other animals which had contaminated the worlds food supply. * Provide a brief explanation of biomonitoring and the steps involved in risk assessment. Relate these to the case study. Biomonitoring is a method for determining which chemicals get into members of the populations and what those concentrations are. It can be used to monitor...
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...laboratory Date : 2016.01.13 Table of contents Contents page 1. Introduction………………………………………………………3 2. History and background ….……………………………………...3 3. Aim and Objective……………………………………………….4 4. The role of crime laboratories……………………………………4 5. Research tools * Budget…………………………………………..…………5 * Data collection and analysis……………………….……...5 * Work plan………………………………………….……...5 6. Limitations and Conclusion………………………………..…….6 7. Reference……………………………………………..………….6 1. Introduction Crime laboratory is one of the most valuable tool for a crime investigator. It is a scientific lab using primarily forensic sciences for the purpose of examining evidence from criminal cases. It provides answers to some or all the questions asked such as how the crime was committed, who committed it, and can also determine whether a crime has been committed or not. The crime laboratory seek answers for the questions mentioned above through scientific analysis of physical material collected primarily from the scene of a crime, suspect or the person affected. It provides an even more integrated approach to the analysis of exhibits and the presentation of expert evidence. Generally the aim of the crime laboratory is to effectively prevent and combat crime. 2. History and background of crime laboratory The Forensic Science Laboratory of the South African Police Service was formed on 15 January 1971 with the Biology,...
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...In the book, Steingraber explains that investing in green energy will help prevent cancer, since synthetic chemicals linked to cancer come mostly from petroleum and coal. Saving the planet then becomes a matter of saving ourselves. The science in the text strengthens the case for banning poisons now pervasive in our air, our food, our water and our bodies. In this second edition of Living Downstream, Steingraber describes her experience of watchful waiting, the process of making a film adaptation and the latest scientific developments in the field of environmental cancer research. These developments are outlined in “six clear trends that have emerged in our understanding of the environment’s contribution to cancer.” Steingraber goes on to explain her personal and professional reasons for feeling hopeful, including the following two facts: First, we can do something about the environment’s influence on human cancer (unlike our genes, which we cannot alter). Second, the synthetic chemicals connected to cancer are largely derived from petroleum and coal; therefore, with investments in green energy we will investment in cancer prevention. The foreword concludes with the story of the “de-normalization” of smoking and a passionate call for the same precautionary approach to other known and suspected carcinogens. I myself do not smoke, but I am a victim of second hand smoke directly, because my mother smokes and has since I was born, (that is 22 years of second hand smoke). The...
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...scarce skill? A scarce skill is a qualification or job for which there are too little people in South Africa doing the job. Government would like to set South Africa on a winning economic pathway, by developing the skills of our people and assisting people to find employment more easily. Studying for a scarce skill would not only mean helping your country, but also helping yourself! A scarcity in qualifications or jobs, can come from the fact that the occupation is new and very few people have studied to fill these posts. It can also happen that people have not chosen to study for the course and a scarcity developed in the job. Sometimes special experience is required, for example people with years of experience of management, or in other cases people are needed in certain towns, cities or geographical areas. Scarcity can also be in terms of equity, for example too few women enter into a specific career. 2 How can you benefit? Choose to study for a scarce skill. Not only will you be able to find a job more easily, but chances are that you will be paid better and progress to the top of your career path more easily, because employers will snap you up. Also, some qualifications are scarce all over the world, which means that opportunities open up for you much more easily. You can make an appointment with one of the Department’s careers counsellors to assist you to choose a scarce skill that will suit your abilities and interests. This will assist you to be really happy and more productive...
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...| | | | | Thesis: It is believed that the rate of children diagnosed with autism is increasing due to hereditary factors, environmental factors, and a historically new definition of the disorder. I. Heredity plays a major role in the development of autism. II. Environmental factors are believed to help trigger the onset of autism. III. The definition and diagnosis of autism has become broader in recent years. Purpose: To inform my audience of increasing autism rates and the reasons for the increase. Formal Outline of Speech Introduction: I. Autism is a rather prevalent disease in today’s society, still, most people don’t know much about this unfortunate and devastating disorder. A. The ASA, Autism Society of America, describes autism as a “complex developmental disability.” Autism keeps the brain from functioning...
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...Subject | PROJECT MANAGEMENT | Assignment Number | 6 | Tutor's Name | | Examination Venue | COLLEGE OF EDUCATION AT WITS | Date Submitted | 21 MARCH 2011 | Submission | First submission | X | Re-submission | | Postal Address | 4 Wilzen Road | | Modder East | | Springs | | 1559 | e-mail | quidditch@webmail.co.za | Contact Numbers | 011 730 6600 (work) | | N/A (Home) | | 079 600 8421 (Cell) | Course/ Intake | MBA Year 2- July 2010 | Declaration: I hereby declare that the assignment submitted is an original piece of work produced by myself. | Table of contents 1. | 1 | 1.1 The difference between the proposed project and Shell operations in Europe | 1 | 1.2 Typical activities of a business case | 6 | 2. | | 2.1. Project Charter for the PetroSA project | 9 | 2.2. The importance of a project manager to be employed early in the project | 10 | 3. Project life cycle | 12 | 4 | | 4.1 The importance of project selection methods | 15 | 4.2 Financial Projections/Models | 15 | 4.3 Project Management Knowledge Areas | 18 | 7. Bibliography | 22 | Question 1 1.1. Discuss the difference between this project and the oil refinery operations of Shell in Europe. PetroSA is the official developer and promoter of the proposed oil refinery plant to be built in the Coega Industrial Zone in Port Elizabeth. So far the refinery is just a proposed project which has not started its operation compared to Shell Pernis in Europe. This is a joint...
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...2013 Rhetorical Analysis: Exigence: When Rachel Carson’s Silent Spring was published in September 27, 1962, it triggered a storm of disputes over the use of chemical pesticides. Her book helped raise awareness for the environment, warn humans of the dangers of using pesticides such as DDT, preserve several plant and animal species, and make the atmosphere cleaner. Her intent in writing Silent Spring was to warn the public of the dangers related with pesticide use. Throughout her book are countless case studies documenting the harmful effects that chemical pesticides have had on the environment. Along with these facts, she explains how in many occasions the pesticides have done more harm than good in eliminating the pests they were supposed to destroy. Carson points out that many of the long-term effects that these chemicals may have on the environment, as well as us humans, are still unknown in addition to her report. The argument in Carson’s Silent Spring led to the passing of environmental legislation and the establishment of government agencies to better regulate the use of these chemicals (Griswold 2012). Kairos: While working for the U.S. Bureau of Fisheries, Miss Carson first became aware of the effects of chemical pesticides on the natural environment. Her main concern was the government’s use of chemical pesticides such as DDT, a colorless substance used as an insecticide that is toxic to humans and animals when swallowed or absorbed through the skin (Guralnik 1970)...
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...5AC008- Final Time-Constrained Assessment Question 1 Part (a) Advantages of SWIFT system: * Considering the circumstances outlined in the case study Super Sparkles could benefit from SWIFT because it reduces delays in payment processing. According to Chris Marshall (2003) SWIFT offers a fast, efficient and secure method of transmitting payments in most major currencies, with urgent payments available the next day. I believe this is important to Super Sparkles who trade globally and security is vital for them. * Mr Day has concerns due to cash flow problems resulting from financing his debtor book. According to Groves (2011) SWIFT allows Super Sparkles funds to arrive and be available to the beneficiary more quickly. Also this improves liquidity and this is an advantage for Super Sparkles as their working capital is financed within the company’s cash flow. However recently there has been pressure on the account and SWIFT could provide liquidity and free up funds to be used for working capital. * According to Groves (2011) SWIFT saves interest charges. Disadvantages of SWIFT * Considering Super Sparkle one major disadvantage that stands out seems to be the fact in this system, the payments need to be converted between currencies. According to the case study, Mr Day has concerns about how the movement in exchange rate will affect the company’s financial position. Also he is worried about the impact currency rate fluctuations will have on Super Sparkles own...
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...University of Western Cape School of Business and Finance MAN620/ADM720 Project Management Lecture Session 1 : 26th January 2010 An introduction into project management with some history of project management and some contextual information. How project management has permeated almost all aspects of working life. The evolution of the project management context. Why and under what circumstances project management is used. What characterizes projects and differentiates them from other forms of management. Examples of projects – large medium and small. Chapter 1 - An Introduction to Project Management The Project Management Book of Knowledge (PMBoK) defines Projecy Management as “the application of knowledge, skills, tools and techniques to project activities to meet project requirements”. In the course outline we make the following statements with regard to what this course promises you engineering students. In the engineering environment, Project Management can be practiced either a stand-alone professional discipline or as an integral part of the delivery mechanism for engineering services. Either way, all engineers need a thorough understanding of Project Management theory, principles, practices, tools and techniques. This course has been structured to stimulate the interest of student engineers in the discipline of Project Management and to equip them with sufficient knowledge of the discipline to meaningfully participate in project work at an early stage. Many...
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...MỤC LỤC Part 1 2 1.1 Introduction 2 1.1.1 The reasons why we choose South Africa 2 1.2 History and Demographics of the people 3 1.2.1 History 3 1.2.2 Demographic of the people 6 Part 2 8 2.1 Forces that exist in the business and cultural environment of the country 8 2.2 What we would like if we were resident of South Africa 9 2.3 What we wouldn’t like if were resident of South Africa 11 2.4 Primary exports and import, trading partner. Graph the historical rate of the exchange between your South Africa 's currency and that of the United States dollar 12 2.4.1 Primary exports 12 2.4.2 Primary imports 13 2.4.3 Primary trading partners 13 2.4.4 Exchange rates 13 Part 3 14 3.1 Resources, Initiatives of business organizations and South Africa’s government policies 14 3.1.1 Resources and Initiatives of business organizations already exist in South Africa 14 3.1.2 South Africa’s government policies aid such initiatives (Include Financial, Marketing, & Human Resource issues) 16 3.2 Advices for businessmen 17 3.2.1 Business culture 17 3.2.2 Business notices 19 References 21 SOUTH AFRICA ESSAY Part 1 1.1 Introduction 1.2.1 The reasons why we choose South Africa * South Africa is a country of BRICS In 2010, South Africa began efforts to join the BRIC grouping, and the process for its formal admission began in August of that year. South Africa officially became a member nation on 24 December 2010, after...
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...community and the abiotic factors with which the community interacts. In order to maintain, the energy must flow continuously through an ecosystem, from producers to consumers and decomposers. Trophic relationships determine an ecosystem’s routes of energy flow and chemical cycling (Simon, Dickey, & Reece, 2013). According to the text in chapter 20, ecologists are working to revitalize some ecosystems by planting native vegetation, removing barriers to wildlife, and other means. There are hundreds of restoration projects under way in the United States to help restore ecosystems to their natural state. One of the most ambitious endeavors is the Kissimmee River Restoration Project in south-central Florida. Each year the U.S. Army Corps of Engineers and the South Florida Water Management District releases a comprehensive report evaluating monitoring of data within the ecosystem of the Everglades. This information is available online at http://www.bit.ly/SSR 2014. According to research, “the Everglades contain a vast array of plants and animals that have adapted to the wet subtropical environment.” A few examples include birds such as the whooping crane, great blue, white, and tricolored herons, wood stork, and the cape-sable seaside sparrow. Land mammals such as the raccoon, skunk, opossum, bobcat and the white-tail deer are also a part of this environment; other animals include the American gator, the west-Indian Manatee, and the bottle nose dolphin. There are a number of species...
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