CASE: MAKING NORWICH TOOLS LATHE INVESTMENT DECISIONS PAR T A: PAYBACK PERIOD ACCEPTABILTY OF EACH PROJECT: Lathe A will be rejected because it’s payback period is longer than 4 years maximum expected payback period 4.04years > 4years Lathe B project is accepted because it payback period is less than the 4 year maximum payback period 3.65years < 4 years ---------------------------------------- PART B: NPV &IRR LATHE A NPV & IRR LATHE B NPV & IRR years cash flow PV Factor @13% PV cash
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1. What are the business benefits of taking the time and effort required to create and operate data warehouses such as those described in the case? Do you see any disadvantages? Is there any reason that all companies shouldn’t use data warehousing technology? Information is the most important tool when making business decisions. As O’Brien and Marakas stated‚ “Today’s business enterprises cannot survive or succeed without quality data about their internal operations and external environment.”
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thinking—systematically evaluating information inputs—is an important managerial requirement in today’s dynamic world. A decision-maker is subjected to an information overload‚ each seeming to suggest a different problem and a different solution. This simulation requires a manager to differentiate between real problems and symptoms‚ devise alternate solutions‚ and measure the impact of those solutions. Our paper will provide details of the problem evaluation tools and techniques our team encountered in the simulation
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BUS642: Business Research Methods & Tools ASSIGNMENTS TO COMPLETE: Chapter 2 - Discussion Questions (Making Research Decisions) #1 Chapter 6 - Discussion Questions (Terms in Review) #1-5 Chapter 14 - Discussion Questions (Making Research Decisions) # 7 Chapter 2 – Discussion Questions – Making Research Decisions #1: A. What are the most prudent decisions she can make about her responsibilities to herself and others? The most prudent decisions she can make
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Decision Case 5-10 a). The CEO is mainly concerned with reporting the highest amount of income possible. Thus the CEO will be pleased if the company uses the FIFO method. This method recognizes as cost of goods sold the oldest costs‚ and because prices are rising‚ the costs charged to cost of goods sold will be less than if LIFO is used. b). It would be difficult to state absolutely which method is truly in the best interest of the stockholders‚ as FIFO results in lower COGS on the income report;
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A SYNOPSIS OF ACCOUNTING FOR BUSINESS COMBINATIONS‚ INTANGIBLES AND GOODWILL IMPAIRMENT INTRODUCTION During the 1980 ’s and 1990 ’s a great number of business mergers and acquisitions took place. The generally accepted accounting principles to record the initial transaction and to account for the acquired assets during their estimated useful lives this were well established. Over time however‚ users of financial statements began to question whether those principles and practices accurately
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ASSESSMENT 2: Decision-making in a business scenario Introduction Due to one American sporting apparel enterprise‚ which is assumed to be called the Wave Company‚ has entered its bottleneck of reaching the limits of growth‚ this report focus on that‚ as one CEO‚ how I will decide on the markets to expand to and ensure the success of this new business. Firstly‚ it provides an overview of situations this company faces and some detail information. Secondly‚ it uses one critical thinking tool‚ one decision
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for" portion of the cost reconciliation report includes the cost of beginning work in process inventory and the costs added to production during the period. F 10. Incremental analysis is generally the most complicated and least direct approach to decision making. T 11. The impact on net operating income of a given dollar change in sales can be computed by multiplying the contribution margin by the dollar change in sales. F 12. In two companies making the same product and with the same total sales
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from hand-written and mainframe computers to sophisticated software applications that help reducing the workload‚ headcount‚ and expedite the job completion. Also‚ this helps improving the outcome quality and increase productivity. The managerial accounting process in the aerospace industries follows a certain steps. The success of each of the steps depends heavily on the previous step‚ any break of inefficiency of one or more of the steps will collapse the whole process. Organizations have
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| UNIVERSITY OF TECHNICAL EDUCATION | |BTEC HND IN BUSINESS (MANAGEMENT) | | | |ASSIGNMENT COVER SHEET
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