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 cost (24.5*40%)=39.8 + 19
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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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Baldwin Bicycle Company Baldwin Bicycle Company is its own independent bicycle shop that has been in business for almost 40 years. Last year Baldwin had sold 98‚791 bikes which accounted for nearly $10 million in sales for 1982. Suzanne Lesiter is the marketing Vice President of Baldwin and has just been offered a proposition from Karl Knott‚ a buyer from Hi-Valu to possibly start producing bikes for them. Baldwin had never conducted any business with a chain department such as Hi-Valu since it was
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BALDWIN BICYCLE COMPANY Baldwin Bicycle Company has been a bicycle manufacturer who produced various high quality models. Due to competition in 1981‚ the firm’s sales revenues significantly dropped in the following two consecutive years. In addition‚ it could only operate at 75 percent of the plant’s capacity. In May 1983‚ the firm received a proposed production plan of sporting bicycles‚ named Challenger‚ from Hi-Valu. There would be two types of direct costs associating with the new bicycle
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Deborah was judged and marginalized as an outsider due to the fact that white men took advantage of her. Baldwin does an exceptional job of explaining to the reader the stigmas that Deborah had to face from society after everyone knew that she had been raped. Baldwin explains that black men were afraid to approach her and believed that she had been choked with the white men’s milk (Baldwin‚ 121). Baldwin further critiques this notion of the pure women by
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has created many different type of coffee not the same as years ago. It has shown us many differences in their coffee making business. Starbucks started business as a Private Company in 1971 with only three persons an English teacher Jerry Baldwin‚ history teacher Zev Siegel and writer Gordon Bowker as the worker and the owner of the first store called Starbucks coffee‚ Tea and Spice. The shop sells fresh-roasted‚ gourmet coffee beans and brewing and roasting accessories. They start their business
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of the 1993 murders of three boys‚ Steve Branch‚ Michael Moore‚ and Christopher Byers‚ in West Memphis‚ Arkansas. Damien Echols was sentenced to death‚ Jessie Misskelley‚ Jr. was sentenced to life imprisonment plus two 20-year sentences‚ and Jason Baldwin was sentenced to life imprisonment. During the trial‚ the prosecution asserted that the children were killed as part of a satanic ritual. Believing that the boys were Satan worshipers since they wore dark clothing‚ seemed to be Gothic‚ and had
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Starbucks Corporation Starbucks Corporation‚ the most famous chain of retail coffee shops in the world‚ mainly benefits from roasting‚ selling special coffee beans and various kind of coffee or tea drinks. Starbucks began by three friends‚ Jerry Baldwin‚ Zev Siegl‚ and Gordon Bowker‚ who knew each other in the University of Seattle. In 1971‚ the first name of their store is “Starbucks Coffee‚ Tea‚ and Spice” in Seattle‚ Washington’s Pike Place Market. They engaged in making profit from selling coffee
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response to Baldwin’s stranger in the village option 2 James Baldwin paints a picture of the struggle between white men and black men. Baldwin points out that‚ “the white man prefers to keep the black man at a certain human remove because it is easier for him thus to preserve his simplicity and avoid being called to account for crimes committed by his forefathers‚ or his neighbors” (p2). At this point Baldwin was contemplating on the idea that “the white man never recognize a black man as an
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BB 1 Baldwin Bicycle Company Objectives of Session 1. Practice in applying a comprehensive financial analysis framework to a “new business” opportunity. 2. Blending strategic marketing analysis and financial analysis. 3. Blending corporate strategy with marketing strategy This case is an excellent one for contrasting the conventional framework (Relevant Cost Analysis) with the Superior (?) framework (SCM) BB 2 1973—15 million bikes sold “bicycle boom” (Baldwin 135‚000) 1982—10 million bikes sold
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