BALDWIN BICYCLE COMPANY In May 1983‚ Suzanne Leister‚ marketing director of Baldwin Bicycle Company‚ was mulling over the discussion she had had the previous day with Karl Knott‚ a buyer from Hi-Valu Stores. Hi-Valu operated a chain of discount department stores in the North West. Hi-Valu’s sales volume had grown to the extent that it was beginning to add its "own-brand" (also called "private-label") merchandise to the product lines of several of its departments. Mr. Knott‚ Hi-Valu’s buyer for
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would be difficult to predict return due to the uncertainty of customer retention with the implementation of this deal. Q5. What are the major cash flow implications of the Challenger deal? Cash flow is a difficult situation currently for Baldwin. It takes the inventory approximately 125 days to turn and then another 46 days to get paid. This is a very long time. The Challenger deal states that they would pay within 30 days. This would help with the current 46 day AR turnover. The contract
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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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Paper 1: Feminism is for Everybody: Passionate Politics The main theme in this book is feminism‚ which is a movement to put an end on sexism‚ sexist exploitations‚ and oppression. Throughout the chapters‚ Hooks‚ protests against the anti-feminist movement because they have been misguided by patriarchal mass media spreading lies that males are not welcomed by feminists. The patriarchal mass media tends to focus more on the feminists who are anti-male and depict a picture to everyone else that feminist
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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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S. A Novel about the Balkans‚ by Slavenka Drakulic‚ is a story about a Bosnian woman‚ named S.‚ who was tortured by the hands of brutal soldiers during the Bosnia war. The novel mainly centers on a series of S.’s flashbacks‚ as she recounts the horrific ill-treatment she endured throughout this time period. Through telling S’s story‚ the author creates a vivid image of how deep and dark human nature is during wartime. The story is a revelation of the terrifying aspects of war‚ which include torture
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Voices of Protest Throughout the Great Depression‚ the U.S experienced many changes. When there was a time of change‚ whether it was good or bad‚ there were always people who wanted to oppose it. In this essay‚ I will discuss Huey Long’s and Father Coughlin’s reasoning and methods of protest. Huey Long and Father Coughlin were influential politicians who opposed the new society of Big Business and high technology. They blamed certain companies and the owners of Big Business for the financial
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How do you change the young adult reading selection of the 1960’s from fake sugar-coated novels to actual real-life issues? Ask S.E. Hinton because she did exactly that at the young age of 15. Hinton wrote the life-changing young adult novel The Outsiders‚ about things that she witnessed as a teenaged girl whom some would call a “Greaser”. How much courage it must have taken Hinton to write a book that was the first of its kind‚ and at such a young age! Truly‚ S.E. Hinton is a woman full of inspiration
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