Case Study 2 Springfield Express Instructions: Springfield Express is a luxury passenger carrier in Texas. All seats are first class‚ and the following data are available: Number of seats per passenger train car | 90 | Average load factor (percentage of seats filled) | 70% | Average full passenger fare | $160 | Average variable cost per passenger | $70 | Fixed operating cost per month | $3‚150‚000 | a. What is the break-even point in passengers and revenues per month? Break-even
Premium Management Marketing Strategic management
critical analysis on tax disclosure of two selected companies—GD Express Carrier Berhad (GDEX) and Bonia Corporation Berhad (BONIA) which falls under trading/services sector and consumer sector respectively. Analysis is based on the annual report 2015 of each company (extracted in the appendices). All detailed calculations are performed in the footnotes attached. GDEX‚ founded in 1997‚ focuses on two business segments‚ namely‚ Express delivery and Logistics. Primarily‚ it operates in Malaysia and Singapore
Premium Taxation
ANSWER KEY 1. The budget at Springfield is an imposed “top-down” budget that fails to consider both the need for realistic data and the human interaction essential to an effective budgeting/control process. The President has not given any basis for his goals‚ so one cannot know whether they are realistic for the company. True participation of company employees in preparation of the budget is minimal and limited to mechanical gathering and manipulation of data. This suggests there will be little
Premium Vice President of the United States Marketing Vice president
known as JJM. Being the first entrant into a new OTC market would present JJM with a unique opportunity to potentially becoming the market leader in the H2 receptor antagonist OTC market. The challenge for JJM‚ was obtaining FDA approval for Pepcid AC‚ the OTC version of Pepcid‚ ahead of its competitors. Tagamet was running head-to-head with Pepcid‚ trailed by Axid and Zantac‚
Premium Gastroesophageal reflux disease Peptic ulcer Food and Drug Administration
Ocean Carriers Assumptions and Methodology Based on an NPV analysis considering multiple scenarios‚ Ocean Carriers should commission the construction of a new capesize carrier in the event they are operating with no corporate tax and chartering the ship for its entire 25 year life. Such is the recommendation assuming the forecasted hire rates and estimated costs are accurate over the long-term. However‚ if Ocean Carriers chooses to adhere to their policy of selling ships at market value
Premium Tax Depreciation Corporate tax
http://www.studymode.com/essays/Ocean-Carriers-133412.html Average daily hire rates are determined by market supply and demand. Factors such as the number of operating vessels‚ number of scrapped vessels per year‚ the age of the ships‚ the efficiency of ships‚ and market expectations of supply and demand; consequently‚ these factors drive average daily hire rates. Market conditions also drive rates since demand is dependent on the world economy. When the economy is strong‚ the demand increases‚
Premium Supply and demand
After reading the case study on The Springfield Nor’easters‚ there are some key issues that really stuck out. The main issue was that Larry Buckingham‚ who was the marketing director for the Nor’easters‚ had to figure out how to sell season tickets‚ regular tickets‚ and merchandise at their games. The Nor’easters were set to take their home field in Springfield Massachusetts‚ which is about 90 miles west of Boston. This in itself makes it difficult to sell tickets to minor league baseball games as
Premium Major League Baseball Baseball Minor league baseball
only 3 years. Based on the calculations of the costs of construction against the value of the contract‚ it is recommended that Ocean Carriers not go ahead with the construction. However‚ if a strategic alliance can be created with another carrier to lease their vessels‚ Ocean Carriers should accept the contract. If the strategic alliance is mutual‚ Ocean Carriers should build the vessel to add on to its own fleet. Key Financial Issues Mary Linn has to deal with the following key financial issues
Premium Net present value Investment Profit margin
Grady O’Donovan ACS/Revascularization Case Study 25 Points Thoroughly read all patient information. Using critical thinking‚ answer the questions in full and thoughtful sentences. All work must be typed and submitted via My Classes as a Word document. Medical History Ms. Jacobs is a 58-year-old woman with no prior history of heart disease. She has hypertension that is well controlled with Lisinopril 10mg daily. She was diagnosed with diabetes 15 years ago and takes Metformin 500mg BID. At last
Premium Myocardial infarction Medicine Hypertension
Ocean Carriers Case Study Submitted by Fozia Abid Maryam Noor Nadia Farooq Umar Farooq Hamza Tariq Muhammad Mohsin Lahore School of Economics Ocean Carriers Report The fragmented shipping industry is one of the most essential industries for continuous globalization and growth; industry prospects are surprisingly stable in contrast to the normal logistics businesses that are highly cyclical. The factors that drive average daily hire rates are the age of vessels‚ market condition‚
Premium Supply and demand