...Conch Republic Electronic Case Questions: 1. What is the payback period of the project? The payback period is 2,882 years. 2. What is the profitability index of the project? The profitability index is 1,557. 3. What is the IRR of the project? The IRR of the project is 28,31%. 4. What is the NPV of the project? The NPV of the project is 18 096 790,85 $. For questions above please see the calculation paper in the attachment – page 1-2. 5. How sensitive is the NPV to changes in the price of the new PDA? For each dollar change in the price, the project´s NPV will change 184 462,16 $ via the exact same direction. To examine the sensitivity of the NPV to changes by the price I calculated a price of 510 $ for unit price. For complete calculation please see the attachment on page 2. 6. How sensitive is the NPV to changes in the quantity sold? For one unit per year change in sold quantity, the project´s NPV will change 635,24 $ via same direction. To examine the sensitivity of the NPV to changes in the quantity sold, I calculated that we will increase 150 units sold per year. For complete calculation please see the attachment on page 2. 7. Should Conch Republic produce the new PDA? Conch should have produce the new PDA because it has a positive NPV. Through a marketing strategy, Conch Republic had determined two important factors in the new product investment. They have determined that a new PDA will cost 500 $ and estimated sales of the new PDA...
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...Conch Republic Electronics Conch Republic Electronics is a midsized electronics manufacturer located in Key West, Florida. The company president is Shelly Couts, who inherited the company. When it was founded over 70 years ago, the company originally repaired radios and other household appliances. Over the years, the company expanded into manufacturing and is now a reputable manufacturer of various electronic items. Jay McCanless, a recent MBA graduate, has been hired by the company's finance department. One of the major revenue-producing items manufactured by Conch Republic is smart phone. Conch Republic currently has one smart phone model on the market, and sale has been excellent. The smart phone is a unique item in that it comes in a variety of tropical colors and is preprogrammed to play Jimmy Buffett music. However, as with any electronic item, technology changes rapidly, and the current smart phone has limited features in comparison with newer models. Conch Republic spent $750,000 to develop a prototype for a new smart phone that has all the features of the existing smart phone but adds new features such as wifi tethering. The company has spent a further $200,000 for a marketing study to determine the expected sales figures for the new smart phone Conch Republic can manufacture the new smart phone for $205 each in variable costs. Fixed costs for the operation are estimated to run 5.1 million...
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...Conch Republic Electronics Conch Republic Electronics is a mid sized electronics manufacturer located in Key West, Florida. The company president is Shelley Couts, who inherited the company. When it was founded over 70 years ago, the company originally repaired radios and other household appliances. Over the years, the company expanded into manufacturing and is now a reputable manufacturer of various electronic items. Jay McCanless, a recent MBA graduate, has been hired by the company's finance department. One of the major revenue-producing items manufactured by Conch Republic is a personal digital assistant (PDA). Conch Republic currently has one PDA model on the market, and sales have been excellent. The PDA is a unique item in that it comes in a variety of tropical colors and is preprogrammed to play Jimmy Buffett music. However, as with any electronic item, technology changes rapidly, and the current PDA has limited features in comparison with newer models. Conch Republic developed a prototype for a new PDA that has all the features of the existing PDA but adds new features such as cell phone capability. The company has performed a marketing study to determine the expected sales figures for the new PDA. Conch Republic can manufacture the new PDA for $200 each in variable costs. Fixed costs for the operation are estimated to run $4.5 million per year. The estimated sales volume is 70,000, 80,000, 100,000, 85,000, and 75,000 per each year for the next five years, respectively...
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... 6. How sensitive is the NPV to changes in the quantity sold? For one unit per year change in sold quantity, the project´s NPV will change 635,24 $ via same direction. To examine the sensitivity of the NPV to changes in the quantity sold, I calculated that we will increase 150 units sold per year. For complete calculation please see the attachment on page 2. 7. Should Conch Republic produce the new PDA? Conch should have produce the new PDA because it has a positive NPV. Through a marketing strategy, Conch Republic had determined two important factors in the new product investment. They have determined that a new PDA will cost 500 $ and estimated sales of the new PDA over the next 5 years to be 65 000, 82 000, 108 000, 94 000 and 57 000 units. According those background materials, above there are recommendation that the new PDA should be profitable. 8. Suppose Conch Republic losses sales on other models because of the introduction of the new model. How would this affect your analysis? The decision to introducing the new PDA on a market would however result, that the Conch Republic will...
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...Revenues | | | | | | | | | Year | Unit price | Unit sales | Revenues | | | | | | | | | 1 | 500 | 65.000 | 32.500.000 | | | | | | | | | 2 | 500 | 82.000 | 41.000.000 | | | | | | | | | 3 | 500 | 108.000 | 54.000.000 | | | | | | | | | 4 | 500 | 94.000 | 47.000.000 | | | | | | | | | 5 | 500 | 57.000 | 28.500.000 | | | | | | | | | | | | | | | | | | | | | Annual Depreciation | | | | | | | | | Year | MACRS % | Depreciation | Ending Book Value | | | | | | | | | 1 | 14,29% | 4.644.250 | 27.855.750 | | | | | | | | | 2 | 24,49% | 7.959.250 | 19.896.500 | | | | | | | | | 3 | 17,49% | 5.684.250 | 14.212.250 | | | | | | | | | 4 | 12,49% | 4.059.250 | 10.153.000 | | | Total Cash Flow = OCF - Change in NWC - Capital Spending (Initial Investment) | 5 | 8,93% | 2.902.250 | 7.250.750 | | | | | | | | | 6 | 8,92% | 2.899.000 | 4.351.750 | | | | | | | | | 7 | 8,93% | 2.902.250 | 1.449.500 | | | | | | | | | 8 | 4,46% | 1.449.500 | - | | | | | | | | | | 100,00% | | | | | | | | | | | | | | Income Statement | | | | | | | | Year | | | | Year | 0 | 1 | 2 | 3 | 4 | 5 | | | | | | Revenue | | 32.500.000 | 41.000.000 | 54.000.000 | 47.000.000 | 28.500.000 | | | | | | Variable costs | | 13.975.000 | 17.630...
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...A Guide to Writing the Literary Analysis Essay I. INTRODUCTION: the first paragraph in your essay. It begins creatively in order to catch your reader’s interest, provides essential background about the literary work, and prepares the reader for your major thesis. The introduction must include the author and title of the work as well as an explanation of the theme to be discussed. Other essential background may include setting, an introduction of main characters, etc. The major thesis goes in this paragraph usually at the end. Because the major thesis sometimes sounds tacked on, make special attempts to link it to the sentence that precedes it by building on a key word or idea. A) Creative Opening/Hook: the beginning sentences of the introduction that catch the reader’s interest. Ways of beginning creatively include the following: 1) A startling fact or bit of information Example: Nearly two hundred citizens were arrested as witches during the Salem witch scare of 1692. Eventually nineteen were hanged, and another was pressed to death (Marks 65). 2) A snatch of dialogue between two characters Example: “It is another thing. You [Frederic Henry] cannot know about it unless you have it.” “ Well,” I said. “If I ever get it I will tell you [priest].” (Hemingway 72). With these words, the priest in Ernest Hemingway’s A Farewell to Arms sends the hero, Frederic, in search of the ambiguous “it” in his life. 3) A meaningful quotation (from the book you are analyzing...
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...There was a reported plane crash somewhere in the Pacific Ocean. There were a group of boys that have survived the crash. The boys are left with no adults. We do not know what exact island the crash was on so we can not find the boys at this moment. The boys have to work together to survive the island. As the boys are at the island they find a conch shell. They used the shell to talk through it and nobody else can talk while someone has the conch shell. The boys imply the rule “rule of the conch”. Ralph blows in the conch. It runs their whole speaking system at one point in the book. The boys then have to follow whatever rules come out of the conch. Ralph and Jack both wanted their own rules on the island. All the little boys wanted to follow Jack because he was their leader. Ralph had better interest in the kid’s hearts. So they came to a decision that whoever wanted to go with Ralph, could go with Ralph and whoever wanted to go with Jack, could go with Jack. The boys had split up to kill each other. A boy named Simon has passed away on the island. He was killed by the boys hunting him. The boys had mistaken him for the beast. It was when Simon had found the dead body. He ran out of the cave and the boys did not that it was Simon. They killed Simon and then just left him there to die. The rain on the island eventually moved...
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...something bad happened. First we went to the airport to board the airplane. We boarded the plane mommy was crying like if she wasn’t going to ever see me again. I thought she was crazy. We soon took off the flight was smooth as can be it rocked me to sleep along with soothing lullaby song by my choir boys. When I woke up I was being tossed through the air like a rag doll. We had crashed on an island. The island was full of mates like Ralph, the choir, a fat kid, twins, Simon, Robert, and little’uns. I lined the choir boys up and we marched looking for other survivors. When we could look any more because of heat exhaustion we stripped but naked and went swimming to cool down. While I was doing that ralph stole leader as chief and found thee conch shell while he appointed me as leader of the hunters. Sincerely, jack Journal entry #3: Today was long frustrating day ralph was a dear mate of mine until he started to become a bossy nag. Since we had to stay the night on the island ralph made us go hunt for pigs and berries to eat because we might be here longer than a day. While we do this ralph is watching the little’uns we got fruits and...
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...Conch. A shell described as a deep cream touched with pink color throughout as their only type of actual civilization. As the conch's worth slowly fades it may have brought out savage, betrayal, and desire in all the wrong ways out of the boys. Individual vs. Society is a rough way to look at this situation being there is no adults to keep the way to live, society believes in. They're growing boys unknown of who they are to become, with the conch there to help support the holding of civilization up. The conch is a sense of civilization and order. Once the shell has shown that the boys pick a chief. "'We can use this to call the others. Have a meeting. They'll come when they hear us-'....'you try, Ralph. You'll call the others'" (Golding, William page16) and "But there was a stillness about Ralph as he sat that marked him out: there was his size, and attractive appearance; and most obscurely, yet most powerful, there was the conch. The being that had blown that, had sat waiting for them on the platform with the delicate thing balanced on his knees, was set apart" (page 22). Shows how the conch has appeared to...
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...their entire darker side will manifest itself in full force. The consequential regression of the boys from civilization to savagery is symbolized by the use of the conch, fire, and Piggy’s glasses. First of all, the conch shell manages to demonstrate civilization to savagery through its ability to establish order to build a civilization, lose its power and deteriorate civilization, and shatter to eliminate civilization. In the beginning, the conch is used to establish and uphold order and peace on the island, playing a key role in forming and maintaining a civilization. Ralph uses the conch and his leadership to summon the others, have meetings and delegate positions, assign power, and set rules such as: “[Giving] the conch to the next person to speak” (Golding 31). By adhering to the set of rules regarding the conch shell, the boys still maintain their civilized way of living back at home where there is the existence of government and laws to be adhered to regarding to the existence of social order. However, as time passes by, the conch begins to lose its power and significance and boys begin to succumb to savagery. When Ralph tries to convince the other boys to return to his tribe instead of joining Jack’s tribe by appealing the conch shell as a symbol of authority, Jack denies its significance by saying: “the conch doesn’t count...
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...neighbors? Playing soccer or hockey with your team? Reading books? Riding your bicycle? I think by now you get the idea – choose something that you already know a little something about and enjoy. The next steps is to research that topic. So let’s take the example of collecting sea shells on the beach when vacationing with your family. You can approach the research from several angles. You can research the specific types of shells that are located in a specific region. You can research the area where you found the shells. So let’s say that you found a conch shell on the beach in the Bahamas. You can start researching conch shells. The first step to research is one you already know about “Google”. Type Conch Shell in the google search engine and here are just three of the many choices: http://www.naturefoundationsxm.org/education/queen_conch/how_queen_conch_grows.htm http://www.communityconch.org/why-conchs/conch-facts/ http://www.caske2000.org/survival/conch.htm Be sure to avoid Wikipedia, as this is not a factual website. If you choose instead to write about the area where you found the shells, you can start researching the Bahamas. You can write a paper about the climate in the Bahamas, the history of the Bahamas, foods...
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...As humans we pride ourselves on being civil and intelligent beings, but what happens when that is taken away? According to William Golding author of The Lord of the Flies we become cruel and savage. A conch shell is the boys way of settling law and order, so they don't de-evolve to this state. With this shell they are ready to start a society doomed to fail because of the conch.When Piggy and Ralph find the conch shell it is empty meaning the creature inside it has passed on. The conch, which was created by death,helped lead a group of boys into a doomed society. To them death is now a symbol of power. They chose the leader based on who controlled the conch, who controlled death. When the boys are picking their leader they make a point of saying "'Let him be the chief with the trumpet thing' Ralph raised a hand for silence." (Golding,William 22). Already he showing the qualities of a leader and they are following because he has the conch, he wields death. They are following death. Not only are they following death, but they are following the person who controls it. This foreshadows the failure and loss their society will...
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...The movie The Queen basically talked about how did the Labour Prime Minister Tony Blair and the Royal Family deal with death of Princess Diana. There are many things about the British political system in the movie, but I would like to mainly identify three things in the movie are role prime minister, election system, and monarchy. First of all, I will start with the role of Prime Minister. There are three major parties and several small parties in UK. The major parties are Labour Party, the Liberal Democrat Party, and Conservative Party. The prime ministers are the most powerful heads of government of any contemporary democracy. They are also responsible for many governmental decisions. Similar to the Italy, even though the head of state is the president, the head of government is still prime minister. They are named by the Queen, and also have weekly meeting with the Queen. They are selected by the people, as the Mrs. Blair said in the movie, “you are a man that’s just been elected by the nation.” Prime Ministers play a very important role in the British government. Like the United States, the United Kingdom uses the single-member system based on plurality. Each of the 646 constituencies elected one Member of Parliament, and that member need to get more votes than any other candidate, but not the majority. The voters in UK select all 646bmembers of the House of Commons during the general election. UK campaigns are short affairs, usually lasting less than a month. Compare...
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...United State and Colombia: two different form of governments Both the Unite State and Colombia those two counties had many differences and similarities in their forms of government, as all governments have an official form. Colombia has a system of government very similar to Unite States. The United States It is a constitutional republic and representative democracy, just as The Republic of Colombia. However, there are many differences and similarities between the two countries in their forms of government. One difference is the party system. Unite State of America have two-party system, Democratic Party and Republican Party; it is exceedingly rare that a third-party candidate manages to win a seat, and it never takes long before the seat goes back to the two parties. By contrast, in Colombia there are multi-party systems with three main parties, However, The constitution of 1991, in order to increase the participation of more people in politics, promoted the end of bipartidism making easy to create new political parties. Another difference between Colombia and the United State is how the name their cabinets members. The cabinet is the accumulation of ministers or secretaries of a government which run a country. Each minister will have their own areas of responsibility, but will formally meet to discuss their problems and overall policies of the government. The United States calls its cabinet members "secretaries", this is divided into 15 cabinet departments that...
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...Dugger Camp UMUC GVPT 280 – Quiz#1 – Dr. Becker 1/26/2014 Answer each of the above questions fully and completely as possible. In terms of length, no less then 3 substantial paragraphs per question. Make sure use and cite all relevant readings from the course texts, and cite them appropriately. In addition, proofread and spell and grammar check your work (two different things). Each answer should significant and long enough to answer each question. Your quiz is due back NLT next Monday, March 24, at 11:55 p.m. Let me know if you have any questions. Good luck. Question #1 -- Based on your readings up and including this week, how would you explain McCormick’s notion of the “the story of the states? “ Do you agree or disagree? Why? McCormick's Notion of the "Story of the states" is best explained as the movement of citizens realizing and wanting more control and protection from the state they reside in. This is derived from multiple influence, consisting of persecution from current government, advancement of technology, and economic change leading to various political views and enlightenments. These influences are what derive the formation of states and how the people of these states want to be governed and what will and will not be tolerated. In short the "story of states" tell how the world went from empires world as we know and the process of how all modern forms of government came to be. This is proven by McCormick transition from feudalism to the enlightenment...
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