18. Curtis Toy Manufacturing Company is evaluating the extension of credit to a new group of customers. Although these customers will provide $240‚000 in additional credit sales‚ 12 percent are likely to be uncollectible. The company will also incur $21‚000 in additional collection expense. Production and marketing costs represent 72 percent of sales. The company is in a 30 percent tax bracket and has a receivables turnover of six times. No other asset buildup will be required to service the new
Premium Accounts receivable Balance sheet Investment
MEMORANDUM TO: CEO‚ Riordan Manufacturing Inc. FROM: Financial Analyst DATE: Tuesday‚ July 30‚ 2013 SUBJECT: Ratio analysis of Riordan Manufacturing Riordan manufacturing has developed as a producer of plastics as well as foam-based products. Listed below is a quick analysis of the company using liquidity‚ profitability‚ and solvency ratios. The analysis is accompanied by vertical and horizontal analysis
Premium Manufacturing Industry Management
Synopsis on PCB manufacturing process The PCB manufacturing process is very important for anyone involved in the electronics industry. Printed circuit boards‚ PCBs‚ are very widely used as the basis for electronic circuits. Printed circuit boards are used to provide the mechanical basis on which the circuit can be built. Accordingly virtually all circuits use printed circuit boards and they are designed and used in quantities of millions. Although PCBs form the basis of virtually all electronic
Premium Printed circuit board
Managerial accounting deals with financial information resulting from a company’s production process or other internal functions. Where financial accounting focuses on measuring a company’s overall financial performance‚ managerial accounting focuses on individual business functions or processes. College courses typically focus on a few important areas of managerial accounting relating to accounting tools most commonly used by business owners and managers. Cost Allocations Cost allocation
Premium Process management Cost accounting Management
countries like China‚ India or Vietnam (Yusof‚ 2006). Since wage serves as a vital role in the economy‚ there are a number of empirical studies concerning wages in Malaysia industries. Ho and Yap (2001) investigated wage formation in the Malaysian Manufacturing industry from 1975 to 1997. They found a big positive significant relationship between wages and productivity where the increase in real wage exceeded the increase in labor productivity in the long run. Nijhar (1976) and Chan (1991) have conducted
Premium Macroeconomics Investment Foreign direct investment
Riordan Manufacturing Production Plan Savita Boutot‚ Ken Eakin‚ David Hill‚ Nicole Hugley‚ Julie Hunt‚ Candice McDonald OPS/571 January 10‚ 2011 Ziad Simon Kassis Riordan Manufacturing Production Plan Riordan Manufacturing is a company that uses plastic injection molding to manufacture plastic bottles‚ fans of all sizes‚ heart valves‚ medical stents‚ and custom plastic parts. It has state-of-the art design capabilities to produce plastic product that have earned the company international
Premium Supply chain management Capacity utilization Manufacturing
Riordan Manufacturing Outsourcing Plan Introduction Riordan Manufacturing (RM) is an established global plastics producer‚ which employees 550 individuals and their projected annual earnings are $46 million. RM has production divided among three plants. RM’s mission is to focus on achieving and maintaining profit that ensures that the financial and human capital is available to sustain growth. In week three‚ team C established four potential outsourcing options. Of those four potentials‚ RM
Premium Customer relationship management Outsourcing Customer service
customer’s profitability to provide relevant information for Internet strategy in Pilgrim Bank. To get a conclusion from the disagreements between charging online banking fees and offering customers incentives to use online banking‚ I obtained relevant data and compared online and offline customers’ profitability. Since only comparing balance level will miss some important information‚ such as‚ the cost of serving individual customers‚ therefore‚ in my analysis‚ I primarily focus on profitability. To
Premium Variance Profit Arithmetic mean
Corporate Compliance Plan: Riordan Manufacturing name University of Phoenix LAW/531 Business Law SC10MBA01B Teacher name May 26‚ 2010 Corporate Compliance Plan: Riordan Manufacturing In the early 20th century many large corporations were guilty of committing scandals and fraudulent activities. Many people today are very familiar with Sarbanes Oxley Act (SOX) of 2002 when the large companies such as Enron‚ WorldCom‚ Adelphia‚ and many others collapsed between 2001 and 2002‚ and Congress
Premium Corporate governance Corporation Internal control
1) Profit Compensation Insurance Direct Labor Power Materials Supplies Repairs 158 Product 103 Total Standard 88 1341 59 946 68 20 Other Income Actual Sales 67.05 10 Remove? - Yes OK to remove 5202 Effect on 2004 Margin if Product 103 dropped -2532 A drastic net loss -2543 2) They should lower the price due to the increase in Contribution Margin shown below: Year 2005 Price Unit Sales Total Sales Compensation Insurance Direct Labor Power Materials Supplies Repairs Total Variable Costs Contribution
Premium Variable cost