BICYCLE MARIAH SMITH CHANDLER KAY 1ST PERIOD ORIGINAL INVENTION AND PATENTS • Its was invented in 1817 by Baron Von Drais made entirely out of wood. • The product was originally made with two same-save in-line wheels‚ the front one steerable‚ mounted in a frame which you straddled. • The machine became known as the Draisienne or hobby horse. • Some patents of a bicycle is ones that are electric‚ pedal powdered and so forth. THE BICYCLES TIMELINE •1817—Draisienne or the "Running Machine": Invented
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Investment Policy y Baldwin Case: Practice Corporate Finance Hong Kong University of Science & Technology Instructor: Peter MacKay Baldwin C B ld i Company (Chapter 8) (Ch t New line of bright-colored bowling balls. Ran a $250‚000 test market study last year. $250 000 test-market year Would use a vacant $150‚000 warehouse. $ ‚ Cost of bowling ball machine is $100‚000. Its salvage value ≈ $30‚000 in year 5. Price h ld P i should grow 2% each of 5 years. h f Costs should grow
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After our discussion we decide to accept the order of Hi-Valu Company‚ due to analysis and compare below. Advantages Outstanding profit Assume that Baldwin Company accepted the orders of Hi-Valu Company to make profits. In this condition‚ we should know whether Hi-Valu Company had enough short term assets to cover its short term debt. Therefore‚ we should calculate Working Capital ($) of Baldwin Company: The cost of each finished product in the first year: Materials + labors + variable
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Bicycles are a world known vehicles; they are known by all ages and are known for the amazing cardio exercise that many do on a daily basis. Bikes are so well known that there are about one hundred and seven bicycle riders in the state of Florida‚ alone. Banning this fun activity from parks is a horrible idea. This activity should most likely be banned from the streets where bigger motor vehicles are around. Bicycles should be banned from roads because; the research that has been done shows that
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Baldwin Bicycle Company Introduction Given the case study “Baldwin Bicycle Company” this paper will discuss whether the company should use relevant costing to reach a decision on a new contract they have been offered. In determining this we will discuss the relevant costing assumptions and see if and why they apply to High Value’s proposal. The type of decision It is a once of decision for Baldwin because they have to decide whether to take a new contract from Hi-Valu that will change the selling
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Baldwin Cycle Case 1. Relevant Cost: Direct Material $39.8 Direct Labor $19.6 Variable Overhead(@40% of $24.5) $9.8 Total Relevant Costs $69.2 2. 2-months Raw material for 25‚000 bikes @ $38.9 $165‚833 WIP Inventory(1000 @ $69.2) $69‚200 Finished Goods(500 @ $69.2) $34‚600 A/R (30 days) @(25‚000/12*92.29) $192‚270 Total Inventory Costs $461‚904 Relevant Asset Cost (@5.5 %) $25‚405 Total Relevant Asset Cost $487‚309 Interest @ 18% $87‚716 Net Relevant Cost $399‚593 Price Per
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Adjusted Present Value Adjusted present value is an investment appraisal technique similar to net present value method. However‚ instead of using weighted average cost of capital as the discount rate‚ ungeared cost of equity is used to discount the cash flows from a project and there is an adjustment for the tax shield provided by related debt capital. Formula Adjusted Present Value = PV of Cash Flows using Ungeared Cost of Equity + Present Value of Tax Shield Where PV stands for ’present value’
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does not like the fact that his father is being rude with the people around them the whole day. Through the inner conflict Charlie didn’t say anything to his father because he wasn’t able to. I believe that the fact that when Charlie met his father at first and he wanted to be like his father‚ in his eye his father was a hero for him at first‚ for an example Charlie wanted to be seen or photographed with his father‚ but later on he probably regretted even meeting with his father because he disappointed
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Vittorio De Sica’s The Bicycle Thieves is a simple story set amidst a post-war Rome. It is a neorealist film characterized by setting the story amongst the poor and working class. The film surrounds the difficult economical and moral conditions of post WWII Italy‚ reflecting the conditions of everyday life: Poverty and desperation‚ with the implicit message that in a better society‚ wealth would be more evenly distributed. The plot is simple‚ surrounding a man‚ his son and a bicycle. The film tells a
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