...Scott Equipment 5 Aggressive Financing Scenario With the first two plans displayed, the third and most aggressive plan can be laid out, and then an analysis of the three can be completed. Scott Equipment Organization went with a very aggressive third option: out of the 25 million in needed financing for assets under this plan, all but one million will be financed by short term debt. With 24 million in short term debt to just one million in long term debt, the organization will need to see a significant return in comparison to the other plans. With its must aggressive plan, Scott Equipment must pay the highest rates of interest of all three plans here: short term debt is at 5.5%, and long term debt at 8.5%. Still, with the vast majority of the financing in short term debt, the overall interest to be paid for the year is actually lower. The organization will pay 1.405 million in interest on this plan, less than either of the other two. This means that the EBIT will also be higher than the other two plans, with 4.595 million available before taxes. At the same corporate tax rate of 40%, Scott Equipment will have a net income under this plan of 2.757 million dollars. With the net income in place and a fixed equity amount of 40 million to work with the rate of return on equity for the aggressive plan comes in at 6.89%. Net working capital with this plan takes a considerable hit – with 24 million in current liabilities, it leaves only 6 million in working capital available...
Words: 675 - Pages: 3
...Scott Equipment Organization Memo To: Scott Equipment Organization Management Team From: Date: RE: Financing Options Scott Equipment Organization anticipates current assets to be around $66 million. The income tax rate for Scott Equipment is 40%, which would make the projected tax amount for next year around $26.4 million. The organization has three options available to when implementing their financial policies. The aggressive financial policy has a large amount of short-term debt, moderate policy utilizes a moderate amount of short-term debt, and the conservative option uses a small amount of short-term debt. Each financial policy has their own benefits, but it the best decision is based on the current and expected position of the company’s financials is. The expected rate of return on the stockholder’s equity is .99%. Based on the level of an aggressive financial policy the net working capital position would be at $42.50 million and the current ratio would be at 2.81. According to the moderate financial policy the net working capital position would be at $49 million and the current ratio would be at 3.88. The conservative financial policy has the net working capital position would be at $55 million and the current ratio would be at 6.00. Based on the aggressive financial policy the net working capital is at its lowest as is the current ratio. The moderate financial policy is a bit higher in both the net working capital and the current ratio. The conservative financial...
Words: 576 - Pages: 3
...ethical dilemma that I faced happened around ten years ago when I was the manager of a sporting goods store the summer of my first year of college at the university of Toledo. I got the job because of being an athlete my entire life and I love being around sports so for a summertime job I figured being football player for Toledo it would be beneficial for the store and myself to be a part of the team and also to help increase profit and sales because of my athletic background. Well after about a month of working there I had become pretty good friends with many of the employees that also worked there with me. We all bonded pretty quickly because of athletics being our common bond. At play it again sports people traded in there used sports equipment for newer stuff they would get either consignment, trade, or cash all based on condition and also based on market value of the products being traded. After a couple months I started to notice golf products and summer sports products missing granted as an employee we were allowed to sign out any used golf item to take out and try and the goal of that was to be able to give customers imput on how the club or clubs felt played and worked on the course. But as an employee you were only allowed to take out clubs for no more then 72 hrs because of potential profit loss/customer loss as well. A couple of the employees were putting more money into other items people were trading and basically in a way stealing another product because it was hard...
Words: 822 - Pages: 4
...The Future of Cardiovascular Diagnostics THE MARKET, TRENDS & FUTURE DIRECTIONS Extracted on: 20 Apr 2011 Reference Code: BI00021-008 Publication Date: 02 Mar 2010 Publisher: Datamonitor © Datamonitor This content is a licensed product, no part of this publication shall be reproduced, sold, modified or stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of Datamonitor. The information in this document has been extracted from published research by a registered user of the Datamonitor360 platform. Datamonitor shall not be responsible for any loss of original context and for any changes made to information following its extraction. All information was current at the time of extraction although the original content may have been subsequently updated. Please refer back to the website http://360.datamonitor.com/ to view the most recent content and the original source of the information. To the maximum extent permitted by applicable law we exclude all representations, warranties and conditions relating to the facts of all publications. At time of publication no guarantee of accuracy or suitability, whether express or implied, shall attach to this publication (including, without limitation, any warranties implied by law of satisfactory quality, fitness for purpose and/or the use of reasonable care and skill). Please note that the findings, conclusions and recommendations...
Words: 9155 - Pages: 37
...Medical Equipment INC Q1) No, Grover thought that he has a good understanding for the culture because he was raised in Saudi Arabia, but the reality is he grew in an expatriate compound with limited contact with the Saudi people or the Saudi culture. He went to an Indian school and then went to take his college degree in the USA. His internships gave him the opportunity to work in France and the United States. The internships prepared him to work in the field but Saudi business concept is foreign to him. Grover did not understand the Saudi culture and missed some critical points while he was trying to get the deal. He knew that relationships are important in making business in Saudi Arabia which is completely true. The problem was he tried to build relations with the wrong persons the foreign cardiologist, the Egyptian biomedical engineer and the purchasing manager, but he could not reach the purchasing director. In a hierarchy community as Saudi Arabia the purchasing director is the most important one to build a relation with he is the one who can give Grover the deal. Grover spent his time building relation with people who can’t help him with the deal. It was obvious for me that Al Humaidi was avoiding meeting with Grover and when he finally met him after approximately one month it was a formal conversion. I lived in Saudi Arabia for 9 years and from my experience Saudi’s only have a say in Saudi Arabia. Foreigners or non Saudi Arabs working there have no say when it comes...
Words: 1422 - Pages: 6
...Job Analysis, Job Description and Compensation Survey Project I work for Neumann/Smith Architecture and they are an architecture firm for high end (1,000,000 +) building. My position is Administrative Assistant. I used the Conventional Method - I wrote down what I did on a day to day basis of what my jobs were. I also, used a Quantitative Method for collecting data about my job – I went on www.online.onecenter.org to further research my job. The following is the data that I came up with during my research....
Words: 281 - Pages: 2
...Hiking 1. Explain and demonstrate the main points of good hiking practice, such as pacing, speed, resting, and etiquette. Because hiking is a recreational experience, hikers expect it to be pleasant. Sometimes hikers can interfere with each others' enjoyment, or that of other users of the land, but they can minimize this interference by following good etiquette. For example: * When two groups of hikers meet on a steep trail, there may be contention for use of the trail. To avoid conflict, a custom has developed in some areas whereby the group moving uphill has the right-of-way. In other situations, the larger of the two groups will usually yield to the smaller. * Being forced to hike much faster or slower than one's natural pace can be annoying, and difficult to maintain consistently. More seriously, walking unnaturally fast dramatically increases fatigue and exhaustion, and may cause injury. If a group splits between fast and slow hikers, the slow hikers may be left behind or become lost. A common custom is to encourage the slowest hiker to hike in the lead and have everyone match that speed. Another custom is to have an experienced hiker sweep up the rear, to ensure that everyone in the group is safe and nobody straggles. * Hikers often enjoy the silence and solitude of their surroundings. Loud sounds, such as shouting or loud conversation, disrupt this enjoyment. Some hikers purposely avoid loud sounds, out of deference to other hikers. Staying quiet will also...
Words: 3146 - Pages: 13
...extent, those of many European countries. This industry is not capital intensive, and expenditures are often less than annual depreciation charges. There are two major sectors. One includes companies that produce digital office equipment, such as copiers, printers, facsimile equipment, and postage meters. The largest customer category here is major financial institutions. Other important sources of revenue stem from small and mid-sized businesses and government agencies. The provision of management/outsourcing services supplements the top lines of these companies. The second sector is made up of office supply distributors. Their sales are derived from North American retail chains, domestic contract stationery businesses, and international operations. Retail chain business is supplemented by Internet-sourced orders, which are factored into the calculation of same-store sales, a key barometer of operating efficiency. Stocks in this group are relatively easy to analyze, given the straight forward nature of their businesses, the extended length of the product cycle versus most other technologically oriented industries, and the ease of determining market-share gains and losses. Pricing Wars As is the case in the electronics industry, prices for office equipment and certain supplies, notably ink cartridges, tend to decline over time. The two main reasons for this are decreases in the price of electronic components (a result of the shift of production to lower-cost countries) and...
Words: 455 - Pages: 2
...are only allowed to choose a client in STI College Cotabato they research a system that is new for the school. The school has a Physics and Chemistry laboratory but it still using manual inventory system in monitoring and storing information of the laboratory apparatus and equipments. The proponents chose to design and develop a module for enhancing the inventory system of the school. From manual inventory system it will become a computerized laboratory inventory system. In order to gather a data, on July 27, 2012, the proponents conducted an interview to their client, Mrs. Joy Ann Duran-Gaboro. Mrs. Gaboro is a Physics and Chemistry instructor and the person in charge in the Physics and Chemistry Laboratory. Through the interview, the proponent gathered the information about the existing system of the laboratory and how to enhance the system to make it convenient to the user and to the school. Some of the information gathered are the following: the information about the STI College Cotabato, the benefits and the beneficiaries of their laboratory, the number of apparatus and equipments involved in Physics and Chemistry laboratory, the rules and policies in borrowing and returning of the apparatus and equipments, the person in-charge suggestion for conducting the module which will also include the borrowing and returning information, and so on. Aside from interviewing, the proponent gathered information by researching through the use of internet. By surfing the internet, the proponents...
Words: 305 - Pages: 2
...ANNA ISABELLA D. MALIGAD Karama, Dubai UAE Mobile No. +971501217885 Email: ysabelle24_maligad@yahoo.com ------------------------------------------------- ------------------------------------------------- RECEPTIONIST / TELEPHONE SWITCHBOARD OPERATOR To work for a prestigious organization and to seek a challenging career with an opportunity to develop my capabilities and thereby benefiting the company and pursue a prospective future for myself. ------------------------------------------------- PROFESSIONAL EXPERIENCE National Taxi Al Quoz, Dubai UAE Receptionist/Telephone Switchboard Operator: March 2011-Present * Responsible for the provision of an efficient and effective reception service, and for administrative support to other staff as directed by supervisor. * Greet visitors, ascertain the nature of their business, and refer them to appropriate staff members. * Answer incoming calls on multi-line phone and respond to public inquiries in a courteous manner within scope of knowledge and authority and refer to other persons in the Department as appropriate. * Receive and distribute incoming and outgoing mail. * Distribute incoming faxes and courier packages. * Prepare paperwork for outgoing faxes and courier packages and manage shipping and receiving activities. * Arrange meetings, schedule appointments and travel arrangements as requested. * Receive and distribute incoming and outgoing mail. *...
Words: 622 - Pages: 3
...The Sports Guy Case Study Case Synopsis The case is about The Sports Guy which is an independent sporting goods store owned by Bob “Rocky” Rhodes; his business is in the retail sporting goods industry. The store is located in the south part of a small town which is just outside the Greater Toronto Area. The town has been growing rapidly for the last few years and the area around the store has become a prosperous neighbourhood, making their location a busy commercial area. The Sports Guy store sells sports related clothing and equipment. About 70% of their sales consist of equipment and uniforms bought by local teams, and 30% of sales consist of regular (walk-in) retail trade. The store’s sales have increased over the years however; have not been growing much in recent years. In the last few years the sales to teams have mostly covered the business’ costs, while the “walk-in” trade has provided most of the profits. Many times Rocky has been left with out-of-season stock that had to be sold off at a loss. Rocky is concerned about the declining inventory turnover rate that is causing an increase in his short-term debt and interest expenses. Problem Statement Rocky wants his business to grow with the town, but to do so will require access to bank credit to finance higher inventories and future expansion. He will have to improve The Sports Guy’s profitability. How will Rocky improve the financial performance of his business when their net profit (after tax) has decreased...
Words: 2154 - Pages: 9
...Company Profile Stryker Corporation, together with its subsidiaries, operates as a medical technology company. The company operates in three segments: Reconstructive, MedSurg, and Neurotechnology and Spine. The Reconstructive segment offers orthopaedic reconstructive (hip and knee) and trauma implant systems, as well as other related products. The MedSurg segment provides surgical equipment and surgical navigation systems, endoscopic and communications systems, patient handling and emergency medical equipment, reprocessed and remanufactured medical devices, and other medical device products. The Neurotechnology and Spine segment includes neurovascular products, spinal implant systems, and other related products. The company sells its products through local dealers and direct sales force to doctors, hospitals, and other healthcare facilities, as well as through third-party dealers and distributors primarily in the United States, Ireland, Germany, France, Switzerland, the United Kingdom, Japan, Canada, the Pacific region, and Latin America. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan. Stryker Corporation is a leading maker of specialty surgical and medical product based in Kalamazoo, Michigan. although not yet the household name, Stryker is one of the most consistent profitable growth company in America. In 2003, Stryker posted record sales of 3.6 Billion. After John Brown became chairman in 1977, Stryker achieved 20 percent or more annual...
Words: 422 - Pages: 2
...Module 6 – Written Assignment – Analysis of a Specific Medical Advancement – Jeffrey Fischbein – 2/11/14 Rocket-Powered Prosthetic Arm We have all heard the cliché “you don’t appreciate what you have until it’s gone”. For some it can be a materialistic thing as a car or a cellphone. Others are boyfriends or girlfriends that recently broken up. But for some, it can be something much more than that. Something that is more personal to them. To others it can be a limb that was lost from war, an accident, and diseases such as diabetes. We can only imagine on how hard life can be without the use of our hands. Unfortunately it is a brutal reality to others who do live day by day with only one or no arms at all. Prosthetic arms have very limited actions as some don’t bend with just a hook at the end of it. Some of the other more advanced prosthetic arms only bend and move from two places, the elbow and the wrist. With today’s technology increasingly advancing, and with the help of a university professor, the six million dollar man with robotic limbs is not too far from becoming a reality. Professor Michael Goldfarb from University Vanderbilt and his team have developed what looks to be the beginning of new prosthetic arms to be human like and very functional. “The prototype can lift (curl) about 20 to 25 pounds – three to four times more than current commercial arms – and can do so three to four times faster. "That means it has about 10 times as much power as other arms despite...
Words: 727 - Pages: 3
...THE CONVENTIONAL (LOCKSTITCH) SEWING MACHINE Use the student worksheet, Parts of the Sewing Machine. You will need to obtain illustrations and instructions from your sewing machine manuals and put them in the space provided on the worksheets. Make sure the graphics are clear enough so they can be easily read. Go through the basic machine parts and their functions with the students and have the students follow the directions on the worksheet. See the following page for a list of standard parts. You may want to include only the ten or twelve parts of the machine you deem most important in order to reduce the number of terms on the list. After students have completed this activity, give them the Parts of the Sewing Machine Quiz. Enlarge your rules for operating the sewing machines and post them in the sewing area for teacher and student reference. For an example, see the list at the end of this unit. PARTS OF THE SEWING MACHINE Bobbin holds the thread inside the machine Bobbin case holds the bobbin; allows the bobbin to turn and form the stitch; provides bobbin thread tension Bobbin winder spindle holds the bobbin while it winds Bobbin winder tension provides tension on the thread when the bobbin winds Feed dog moves the fabric along as you sew Feed dog control knob lowers and raises the feed dog Foot or knee control controls how fast the machine sews Handwheel controls the movement of the take-up lever and needle; can be controlled by power or by hand;...
Words: 736 - Pages: 3
...THE RATE OF INVOLVEMENT OF KPTM KL’S STUDENTS IN SPORTS AT THE COLLEGE Prepared by : MUHAMMAD AEZHAD BIN AZHAR CVB130724387 MUHAMMAD FARHAN BIN ABDUL RAHMAN CVB130724287 RAHMAN MUSTAQIM BIN KHOSAIM CVB130724279 MUHAMMAD AIMAN BIN MOHD HUSNI CVB130724388 Prepared for : Madam Jaaz Suhaiza Jaafar Submitted in partial fulfillments of the requirement of the 106km course. TABLE OF CONTENTS NUMBER | CONTENTS | PAGES | 1. | ACKNOWLEDGEMENT | 3 | 2. | INTRODUCTION | 4 | 3. | OBJECTIVES | 5 | 4. | METHODOLOGY | 6-7 | 5. | GRAPH | 8-11 | 6. | CONCLUSION | 12 | 7. | APPENDIX TABLE | 13 | 8. | APPENDIX | 14-17 | ACKNOWLEDGEMENT First of all,we really want to thankful to Madam Jaaz Suhaiza Jaafar because allowed me to do this mini project until we’ve successfully completed it.We want thankful too because madam helped us a lot such as give instructions or order how to make it properly done until we’ve finished it. If we didn’t get help from madam,its really hard to us for completed it in a short time. We also want to very thankful too all our 50 respondents which all of them its from KPTM KL students who was in diploma,degree or professional. They all was nice and very friendly with us and nobody refuse to give a little time to fill up our questionnaire. We really want to wish thanked you so much because without them we can’t finished our mini project. Last but not least,thank you so much too our...
Words: 2116 - Pages: 9
