Mario McBride Managerial Accounting Instructor: Brian Shaw September 22‚ 2014 Mr. Wayne and Mr. Chester held a conference meeting to discuss the findings in the cash budget has given the both of them feeling uneasy on specific details of the cash report budget. Mr. Wayne believes that the gross margin perhaps may shrink to 27.5 percent due to higher purchase price and concerned with the impact that this may have on borrowings. This a logical concern
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Case Study #1: ARMOUR GARMENTS COMPANY I. Central Problem How can Armour Garments Company adopt to the changing surrounding? II. Objectives a) To encourage middlemen to be loyal to AGC’s products b) To be able to compete with other companies in order to gain profit c) To further develop their products and equipments III. Alternative Courses of Action 1) Allow longer credit terms and offer better trade discounts Advantages: More middlemen will be loyal to its products
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Groupon – Reichheld’s loyalty model PROBLEM STATEMENT: Groupon’s consumer (end-user) value proposition of deep discounts on goods and services is attracting bargain shoppers who are inherently disloyal to the Merchant businesses offering the coupons. HYPOTHESIS: Groupon’s should change their strategy by offering fewer one-time discounts and put an emphasis on long-term value for repeat customers ANALYSIS PLAN / SOLUTION APPROACH: Reichheld’s loyalty model together with the Value Disciplines model
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BACKGROUND The bullwhip effect occurs when the demand is amplified in the supply chain as they move up in the channels of the supply chain of a firm. Distorted information from one end of a supply chain to the other can lead to tremendous inefficiencies. Companies can effectively counteract the bullwhip effect by thoroughly understanding its underlying causes. Procter & Gamble (P&G) introduce this term. Logistics executives at Procter & Gamble (P&G) examined the order patterns for one of their
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Butler Lumber 1. Why does BL need to borrow money to support its profitable business? Draw up a Fund Flow Statement‚ i.e.‚ Funding and Uses a. Funding would include Bank Borrowing‚ Trade Credit‚ Retained Earnings‚ Cash‚ Accrued Expenses b. Uses would include Inventories‚ A/R‚ Buyout‚ Reduction in debt‚ increase in fixed assets/accounts Response: BL needs to borrow money from the bank to take benefit of the purchase discounts. During the last two years‚ BL had taken very few purchase discounts
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ACCOUNTING EQUATIONS 1. Show the accounting equation for the following transaction (i) Ram started business with cash 20000‚ stock 50000‚ building 30000 (ii) Sold goods to Amit for cash 20000 and credit 15000 (iii) Paid rent 500 and rent outstanding 150 (iv) Sold goods costing 12000 for Rs. 15000 (v) Accrued commission 2000 (vi) Furniture purchased from Lalit 12000 and paid 3000 in cash (vii) Received from Amit 13500 in full settlement (viii)
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INTRODUCTION In today’s business world‚ supply chain management has never been more important. Operational efficiency hinges on the ability to properly forecast and meet demand from customers‚ wholesalers‚ distributors‚ and many other key players. Any distortion of this information can be very costly and may require permanent changes to a firm’s supply chain infrastructure. Perhaps the most infamous source of this demand data variability is the bullwhip effect. DEFINITION & CAUSES In 1990
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SnapDeal.com -- Launched in February 2010 “Our model is to go after unsold distress inventory”‚ Kunal Bahl‚ Founder & CEO "Our target audience is between 18 and 35 years who loved to spend on the nice to have things like a good restaurant dinner‚ a soothing spa‚ or a pair of luxury sunglasses. The distributors who are not able to sell directly sell at rock bottom prices through our medium" According to Bahl‚ India’s competitive nature and low barriers to entry for starting a new business
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Student discounts - Student Edge 17/12/12 11:33 PM Like 108k Follow You are located in VIC Search studentedge.com.au JOIN LOGIN HOME DISCOUNTS JOBS WHAT’S ON COMPS EDUCATION & TRAINING Member since: 20/07/2012 Member #: 532933 Hey Sumit‚ You’re awesome! Update your details My card is lost / expired / not arrived Account settings Contact preferences Not Sumit? Logout. card discounts filter Discount category: Order by: Search by keyword: All
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1. Coupons have been around forever‚ so why has Groupon become successful? I believe that Groupon has become successful for many different reasons. First of all‚ Groupon was the first to transport the traditional “Coupon clipping” to the online world. This opened many opportunities. It was something new‚ exciting to consumers that they hadn´t seen in this way. So Groupon had a first mover advantage even though they only connected already existing ideas and technologies in a new way. By being online
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