...(1) What amount of net income did the company report for the quarter? Explain why net income increased over the quarter. A) The company reported Net Income of $100,882 for the quarter. It rose due to the fact that: 1. There was an increase in sales. 2. In comparison to sales, fixed costs decreased. (2) What net income will be reported for the quarter if the company increases its sales price from $2.50 to $2.75? What sales price will generate the largest net income for the quarter, and at that price, how many units will be sold? (Hint: Use the trial-and-error method, inputting different sales prices to find the sales price that maximizes net income.) A) 1. Net Income generated at a unit selling price of $2.50 is $86,307. 2. Net Income generated at a unit selling price of $2.75 is $95,994. 3. The largest net income will be generated when the unit selling price is $3.36. At this unit selling price of $3.36, the net income generated is $102,926. The quantity sold at this price is 131,094 units. (3) Assuming a $2.50 price, what income will be reported for the quarter if the company uses an 8-year life instead of a 4-year life for purposes of depreciating its property, plant and equipment? How would this change affect the company’s net cash from operations for the quarter? Explain. A) 1. The net income generated at a selling price of $2.50 and a four-year life (depreciation) is $86,307. 2. The net income generated...
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...1. JKR/ MACKINTOSH PROBE 2. INTRODUCTION 3. JKR/ MACKINTOSH PROBE•The Mackintosh Probe is alightweight and portablepenetrometer. It is a considerablyfaster and cheaper tool than boringequipment especially when thedepth of exploration is moderate andthe soils under investigation are softor loose• Mackintosh Probe which has 30°cone penetrometer while JKR Probeshas 60° cone penetrometer. 4. • Based on the principles stated by HUARSLEV (1948) for drive rods for soundings and sampling and recommended methods for static and dynamics soundings by Europeans groups and subcommittee (1968).• The rods consist of 16mm diameter High Yield Steel each of length approximately 120cm. Then the rods are connected to each other by 25mm outer diameter couplings.Coupling = provide the lateral supports to the rods to prevent buckling during driving the rods.• Driving is performed with a small hammer of 5kg and falling vertically though a fixed height of 30cm along a guide a rod.• The total numbers of blows required for the pointer to penetrate a distance of 30cm is recorded and used as a measure of the consistency of cohesive soil and the packing of granular soil. 5. AIMS 6. For every in-situ or laboratory test that had been carried out must have an aim or an objective. The objectives of the JKR/Machintosh Probe Test are: 7. Collecting a disturbed soil sample forgrain size analysis and soil classification.Determine the sub-surface stratigraphyand identify materials present.Evaluate soil...
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...There are lots of dogs and cats and chickens at the house. A pot bangs and water runs in the kitchen, beans are getting cooked for dinner. Brown soup for the the men who work the fields. No matter what race, its hard for anyone who does work in the fields. The cotton gin is a major factor in the money dream and the mill makes money for a wife-and maybe my wife, who boxed peaches and plums and hoed her dad's fields as a girl. We could go back. I could lose this easy job I have. Just talking and using a shovel, a hoe, a broom that takes everything away. All my daughter does is worry. She touches my hand and we eat snow cones from a roadside vendor in the shade while we look around. Behind sunglasses I see where I once was. A brow kid getting across the road. “he's like me,” I tell my daughter and she stops eating her snow cone. He looks both was then leaps across the road where riches happen on red tongues. C. Connotations:The poem is written in free verse with no rhyme or rhythm to be found. The speaker is seeing himself in someone else's actions like a flash back to the time when he was at that age. The poet uses a metaphor to describe the kids as “Spectators of fun.” Gary Soto also uses personification when he states that the, “pot bangs and water runs...” D. Attitude:The speaker is a father, a worker of the fields. His attitude is one of childishness and...
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...Color Blindness Color blindness also known as color deficiency is a vision problem when you have difficulty distinguishing certain colors, such as blue, yellow, red and green because your eyes did not make all the pigments needed for color vision. If one pigment is missing, the eye might have trouble seeing certain colors. A pigment is a material that changes the color of reflected or transmitted light as the result of wavelength-selective absorption. (1) There are three different types of color blindness disorders. 1. Trichromat; meaning you can discriminate among colors of the visible spectrum and have normal color vision 2. Monochromats; which are totally color blinded sensitive to lightness and darkness 3. Dichromats; who are partially color blinded (Rathus 82). Color blindness is a sex-linked trait that is caused by a recessive gene. Roughly 8% of men and 0.5% of women are affected. (3) Men are more likely to be color blinded than women. Why? Because the genes for the red and green color receptors are located on the X chromosome of which males have only one and females have two. (2) Being color blind in not debilitating in fact there are many famous and success individuals who are color blind. For example Bill Clinton our 42nd President has a color vision deficiency that he inherited from his parents. He needs a special light in order to determine the color of a certain object. He also has difficulty when it comes to signals from individual colored lights, so he makes...
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...PROJECT ADVISORY & STRUCTURED FINANCE Bareilly Highways Project Limited SIP PROJECT REPORT SUBMITTED IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THE PGDM PROGRAM By:- Gaurav Kataria (2010074) SUPERVISORS: 1. Mr. Saurabh Kumar 2. Prof. D.N. Panigrahi INSTITUTE OF MANAGEMENT TECHNOLOGY, NAGPUR 2010-2012 ACKNOWLEDGEMENT I would like to express my gratitude towards “SBI Capital Markets Limited” for giving me the opportunity to work in the esteemed organisation. The Summer Internship Program (SIP) undertaken by me at SBI Capital Markets Limited, New Delhi was an extremely rewarding experience for me in terms of learning and industry exposure. I am grateful to the Management who took out valuable time to answer my queries and gave me full information about Investment Banking and SBI Capital Markets. Especially, I want to express my deep sense of gratitude towards my project supervisors- Mr. Saurabh Kumar and Prof D N Panigrahi for their invaluable guidance and timely suggestions which helped me overcome obstacles from time to time. I would also like to thank my family for their ever willingness to help and to guide to complete my project successfully. Lastly, I want to express my regards to the Almighty for enabling me to undergo this corporate training with convenience. TABLE OF CONTENTS 1.Executive Summary 2.Introduction 3. Objective of the study 4.Project description 4.1 SCOPE OF THE PROJECT 4.2 SITE & PROJECT LOCATION 4.3 PRESENT STATUS OF THE PROJECT...
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...|Ships Bollards BSMA 12 | |Please note that dimensions and weights are nominal and small variations are reserved. E & OE | | | | | |[pic] | | | |[pic] | | | | | |Type | |f ...
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...Project Management II 1. Which projects would you recommend Handstar pursue based on the NPV approach? * The spreadsheet bellow summarizes the NPV calculations for the six projects assuming the development costs are incurred at the end of year zero and each product has a three-year life. Since the six projects require a total of 13,025 development hours and only 10,000 hours are available, one or more projects will need to be postponed or eliminated from further consideration. If we start with the project with the highest NPV, the Browser project would be selected first requiring 1,875 hours of development time. Next, the Trip Planner would be selected requiring an additional 6,250 hours of development time. The project with the next highest NPV is the Spreadsheet project. However, this project requires 2,500 hours and only 1,875 hours are available after selecting the Browser and Trip Planner projects. The project with the next highest NPV is the Calendar/Email project which requires 1,250 hours of development time leaving 625 hours available. Of the remaining projects, the Portfolio Tracker requires too many hours while the Expense Report project can be completed with the hours available. Thus, Browser, Trip Planner, Calendar/Email, and the Expense Report projects would be selected based on the NPV approach. 2. Assume the founders weigh a project’s NPV twice as much as both obtaining/retaining a leadership position and use of the Internet. Use...
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...into a consistency slightly more dense than frost and mixed with flavored syrup. Most snow cones are made with crushed ice, whereas shaved ice is ground further and has a smoother consistency similar to snow. The syrup added to the ice soaks into the densely packed shavings, creating the frozen treat. There are several flavors of shaved ice, some of them better than others. Does this Spark an idea? Other People Are Reading How to Run a Successful Shaved Ice Business How to Operate a Rival Snow Cone Maker Print this article Classic Flavors When shaved ice first became a popular treat, there were only a few flavors from which to choose. Early flavors included cherry, egg custard and chocolate. These days, even the smallest, most basic shaved ice vendors offer these flavors. Sometimes, these traditional shaved ice flavors are topped with thick marshmallow syrup. Kid Favorites Extra-sweet shaved ice flavors appealing to kids include blue raspberry, strawberry and grape. Another thing kids like about flavors such as these is the familiarity. Kids have eaten raspberry and strawberry flavored foods, whereas exotic fruits are strange and intimidating. The colors of grape, strawberry and raspberry are also bright and loved by kids. Sponsored Links Snow Cone Machines Huge savings on snow cone machines and commercial snow cone supplies www.ConcessionStands.com Tropical Flavors Shaved ice is a treat...
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...1).What is some of the issues that weigh in favor of and against crashing the project? In favor, this will help Joe get the project back on schedule. It will save his reputation as a project leader. This will also keep his company from having to pay penalties for going over the time limit. Against crashing, this may cost more than what the company will have to pay in penalties. The crash might get some of the work caught up but still not make the project come in on time. The crash could lower employee morale. He needs to know how much time it will save and how much the crash will cost. 2).Suppose you were the site supervisor for this project. How would you advise Joe to proceed? Before deciding whether to crash the project, what questions should you consider and how should you evaluate Your options? If I were the site supervisor I would tell Joe to first figure out how many activities needed to be caught up. Then I would tell him to figure out the cost of crashing each activity. Finally I would ask him how much time can be saved by crashing these activities? Now after all these things are done you can see just how much time can be saved and whether or not it will get him back on schedule. If it will get the project back on schedule then I would say go for it as long as the cost does not exceed the cost of the late penalties. Last but not least I would direct him to talk the key members of his team to see what input they might have. Inaddittion to that...
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...Nike Case Summary Although it is still a highly successful athletic shoemaker today, Nike has went through its fair share of financial and public relations problems. Many believe that Nike went in decline due to two reasons: Michael Jordan’s final retirement and the slowing economy. Another aspect of Nike that has brought a negative image upon them are the negative accusations of exploiting foreign labor. Much like everyone else, Nike knew that its main problems revolved around the overproduction of unpopular shoes alongside the underproduction of popular shoes. They knew they needed a way to better forecast demands and market changes. Although Nike has had experience with major IT projects, their poor project management has left these projects with undesirable outcomes. Their project in mid-1997 when they invested in the installation of intranet which was supposed to improve global collaboration and reduce the time it took to make product design decisions. An evaluation of this project showed that Nike poorly planned the project and had poor communication among its main users. Nike’s first attempt at installing supply-chain management with SAP in the late 90s ended up failing due to being problem-ridden and ‘inadequate’ for Nike. They gave supply-chain management a second try when partnering with i2 Technologies, Inc.; having had experience with the SAP project, Nike knew that this was going to be a difficult undertaking but they still had high hopes that the i2 project...
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...The 2-day training was a huge success. Now it is time for the team to meet for a postmortem review. Your input is highly appreciated and will ensure that this review provides the feedback you require for future decisions In general a postmortem review compares a project’s results to its planned objectives and provides valuable insight for planning future projects. Each member of the team is involved in this evaluation. Their compatibility with each other, as well as the team as a whole, will be examined to assist in future team selection. The proposed MOV will be evaluated to see how the value of future projects might be defined more clearly. Analyzing changes in scope, schedule, budget and quality over the lifespan of the project will allow for more accurate estimates in every project, which members of this team work on. Looking at the reports generated and the feedback received from them will allow for improvements in the reporting process. Attendance is a key factor for the success of this review and we need to conduct the meeting as soon as possible to maximize attendance. I am sure you and other managers are eager to reassign the excellent members of this team; however, once the team members are working on other projects they will be less likely to have time to devote to this meeting (Marchewka, 2012). For this project, this review will be looking at the actual knowledge retention from the training session and comparing this to our original predictions and goals. ...
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...changes. I’m really excited about the improvements we are making as a team, so without further adio, lets first see what we are going to change within our business. We are getting rid of our old ice shavers, and acquiring the Swan SI-100 Block Ice shaver. The swan SI-100 Block Ice shaver is not your everyday Walmart $20 snow cone machine. The reason I want to put so much emphasis that we are careful and know how to work it is because of how big of an investment it is. The retail price for the SI-100 is $2000, and a weight of 75lb. We are going to have a further in depth training session, but I will go over the basics now. We are going to be running the machine with a foot control, so that you are able to use both hands when working the machine and interacting with the customer. What you do Is put the block of ice in the machine, center the ice on the shaving disk, close the shield, turn the machine on, and step on the pedal. Turning the blade too high can make it ware down faster so watch out for that. When shaving the ice into the cup, hold the cup with the left hand and catch the ice with the right. Add your flavoring, and we have a snow cone. Now why is this new ice shaver so much better than what we have had in the past? Hold more ice, up to 7lbsquare, and shaves 4.6lb of ice per minute, which is going to help production when we have rush periods. Not only are we getting our ice faster, but the ice we are getting is going to be top of the line quality with Smooth...
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...gave me a wet kiss and asked me how was my day I wiped her kiss away rolled my eyes and stormed to my room my mom came in the room and ask me was I ok. I wiped my eyes and said everything’s great and sat back as she hit me with a pillow and says hey, everything’s going to be just fine I’ll have my new job in just a couple days and maybe if everything’s not good by then you could probably move back with your dad k she got up and said dinner would be done in a hot second I said what are we having she said steak and closed the door. After we ate dinner my mom took us to Milles ice-cream and we picked out a couple of toppings to put on our ice-cream my mom just got the usual blue berry frozen yogurt my brother got a peanut-butter swirl crunch cone with sprinkles and skittles to put on top, I just got Milles special vanilla ice-cream dipped in chocolate covered in caramel with crunched up Oreo’s...
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...Choose a novel or short story in which the writer explores feelings of rejection, isolation or alienation. Explain how the writer makes you aware of these feelings. Go on to show how this exploration enhances your appreciation of the novel as a whole. In Robin Jenkin’s novel, “The Cone Gatherers” we follow the malevolent character of Duror who goes through an internal struggle to try and control his hatred for deformities. Duror’s mental decline is driven by the presence of Calum, a hunchback who is collecting cones in the forest in the estate where Duror is the gamekeeper. We are exposed to the dark and twisted nature of the tortured gamekeeper’s mind through his fixation with Calum, the sickness of Duror’s wife, Peggy and the isolation he encounters in the forest. Jenkins explores the nature of good versus evil through the development of Duror. Calum’s arrival in the wood had unsettled Duror due to his deformities and the gamekeeper became obsessed with him. Calum as he saw it ‘defiled’ his sanctuary. He was alone in his obsession and he unreasonably felt that if he destroyed Calum, these bad feelings would go and everything would return to normal. Jenkins had told us that Duror was repulsed by anything that had ‘imperfection, deformity or lack’. However there is also a more historic root to his mental state as in Chapter 2 when Dr Matheson encounters Duror and is worried about his state of mind. His wife Peggy was a ‘haunting ‘ figure; a ghost of her former self;...
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...The eye is the organ of vision. It has a complex structure consisting of a transparent lens that focuses light on the retina. The retina is covered with two basic types of light-sensitive cells-rods and cones. The cone cells are sensitive to color and are located in the part of the retina called the fovea, where the light is focused by the lens. The rod cells are not sensitive to color, but have greater sensitivity to light than the cone cells. These cells are located around the fovea and are responsible for peripheral vision and night vision. The eye is connected to the brain through the optic nerve. The point of this connection is called the "blind spot" because it is insensitive to light. Experiments have shown that the back of the brain maps the visual input from the eyes. The brain combines the input of our two eyes into a single three-dimensional image. In addition, even though the image on the retina is upside-down because of the focusing action of the lens, the brain compensates and provides the right-side-up perception. Experiments have been done with subjects fitted with prisms that invert the images. The subjects go through an initial period of great confusion, but subsequently they perceive the images as right side up. The range of perception of the eye is phenomenal. In the dark, a substance produced by the rod cells increases the sensitivity of the eye so that it is possible to detect very dim light. In strong light, the iris contracts reducing the size of the...
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