Flash Memory‚ Inc. Investment in New Product Line University of Waterloo Prepared for Jim Gray October 11‚ 2012 TO: FROM: DATE: SUBJECT: Introduction The Board of Directors‚ Flash Memory Inc. The Finance Team October 11‚ 2012 Investment in New Product Line Flash Memory Inc. (herein referred to as “Flash” or the “firm”) is in the critical stage of planning for future operations and expansion. Competitive pressure‚ rapid market growth‚ continuous technological developments and high
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your favorite childhood memory during the spring season. Lay back and picture the warm breeze brushing through your hair. Picture fresh flowers blooming in the pasture. Imagine the sounds of birds chirping a spring tune as you sit there and absorb the fragrance of fresh smelling flowers and dew kissed greenery. Upon viewing Winslow Homer’s Girl Picking Apple Blossoms at the Tampa Museum of Art all the senses exalted as a child on a warm spring day arose. It brought back memories of going up into the
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Cultural Memory: Quickly glancing at “memory” it seems to be something passive‚ something that is stuck in the past and will not physically reappear. It is something that has happened and is stuck in time‚ along with people‚ places‚ smells and etc. If you take a closer look at “memory though‚ it reveals that it is dynamic and connects all intellectual and emotional dimensions together. Cultural memory is symbolic. It is a memory that is passed from one person or one generation to the next. It is
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My Favorite Childhood Memory When I was about 4 or 5 my brothers and I were thinking of playing hide and go seek in the house. Our mom and dad were gone on a date. They went out to lunch and to a movie. We called them on the phone to see when they will be back‚ so they wouldn’t walk in and wonder what we were doing. Before we got off the phone with them we asked them to call on the way home because we set the alarm. They responded and said ok. After we got off of the phone with them we
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CORPORATE FINANCE Case 1: Flash Memory‚ Inc. Section B1 Group 1A Executive Summary As sales of Flash Memory Inc. (Flash) increases rapidly in the first few months of 2010‚ additional working capital is required to ensure smooth operations and maintain their current growth rate. However‚ Flash currently has almost reached its notes payable limit of 70% accounts receivables with its current commercial bank and thus‚ need to look for various alternative financing means to provide the required
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Funny Memory New Year is coming; many of my friends have made a plan of where to go and what to do. Some go to Taipei attending the countdown party nearby Taipei 101. Some go home to enjoy the delight wither their family‚ and so do I. It seems that everywhere is full of joyful atmosphere. However‚ I got a bad news recently that my mother told my father’s company asked him to be on a business trip to Indonesia for three weeks. I think it is pity that I cannot share the happiness of the New Year with
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CHILDHOOD MEMORY It was summer‚ in the year 2004‚ and my niece came to visit my house. We used to live in the country side‚ away from town. We were playing around as usual; as it being a bright sunny day. I was a 6 year old boy who was always looking for trouble and something to do‚ along-side me was my brain storming twin brother and together we cause all sorts of chaos and would get scolded all the time and never listened. Of course since it was summer‚ we were anxious to start our day. Our
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Talking about future‚ the modernization is always a hot issue for people all over the world. As a result‚ a lot of people have a comfortable life‚ no cares‚ no worrying‚ just be successful while others are conversely in an awful life. So what makes that differences is the past‚ the past could make people’s future better or vice versal. Then I would like to tell you a story that changed my life‚ which is unforgettable. When I was in grade fourth‚ being a class master in my school and passing the
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School Memories School days were the same from day to day most times. School lunches were at the same time every day at noon. They were great because I got satisfied‚ I got to visit with friends‚ and I got to burn energy. Right before lunch everyday my teacher would have the whole class clean up the classroom. After we were done she would line us up alphabetically. Luck me I was always in the front. The she would have us walk down the hallway. I would see posters and artwork on the walls
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the firm. With immense competition‚ small product life and significant investment‚ this business offered only very low profit margins. The industry offered a prospect of very high growth rate with tremendous growth projections in sales for Flash memory. The life cycle for its products was very short‚ which meant that maximum revenue generation happened within a few years of the product launch. Normally‚ each new innovative product would become obsolete within an average of 6 years. Flash resorted
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