Laguna we went straight to our first destination the Gardenia Bakeries in Laguna where different taste of bread made. After we arrived in Gardenia‚ we wait for about 30 minutes because the accommodation of seats in the film showing was limited so they divide the students into two. So it’s our time to eat lunch‚ relax‚ taking pictures‚ nap and retouch. After 30 minutes the film showing started. We watched about 5 minutes about the history of Gardenia‚ Gardee‚ Gardenia’s mascot‚ was a very welcoming
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California Pizza Kitchen Chris Schroeder FI 602: Financial Strategy and Valuation Fang Chen September 21‚ 2012 Introduction In July of 2007‚ California Pizza Kitchen (CPK)‚ a casual dining pizzeria started in California by co-owners Rick Rosenfield and Larry Flax‚ was faced with the decision to invest in a stock repurchase program. Led by Chief Financial Officer Susan Collyns‚ the financial team of CPK was reviewing the preliminary results for the second quarter to determine if the stock
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UVA-F-DRAFT Version 1.0 CALIFORNIA PIZZA KITCHEN Everyone knows that 95 percent of restaurants fail in the first two years‚ and a lot of people think it’s ‘location‚ location‚ location.’ It could be‚ but my experience is you have to have the financial staying power. You could have the greatest idea‚ but many restaurants do not start out making money – they build over time. So it’s really about having the capital and the staying power. — Rick Rosenfield‚ Co-CEO‚ California Pizza Kitchen1
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for their other branches in the future expansion. It shows the name of the supplier‚ items to buy‚ the date and its status‚ name of supplier‚ and canvassing sheet for comparison of selected prices in different supplier. The similarity of the our kitchen point of sale from the purchasing‚ inventory and sales monitoring system for hobby station is that they are both designed to fasten transactions and be a way of improvement for each company. The difference is that the .... COMPUTERIZED ROOM
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Preparatory Questions for California Pizza Kitchen 1. In what ways can Susan Collins facilitate the cusses of CPK? 2. Using the scenarios in case Exhibit 9‚ what roles does leverage play in affecting the return on equity (ROE) for CPK? What about the cost of capital? a. Leverage increases Beta for the firm since debt to equity ratio increases from unlevered beta. We use 10 year Treasury bond as our risk free rate and for market risk premium we use current prime lending rate for June 2007
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CALIFORNIA PIZZA KITCHEN The case we studied this time is CPK‚ which is a restaurant with creative menu‚ high quality of foods‚ nice dinning environment‚ good dinning atmosphere‚ convenient traffic location and etc. The case discussion this time was more focused on the numerical data instead of strategy analysis. Although it’s not so easy for me to catch up with all information that the present group show‚ I think it’s really interesting. The main problem we need to discuss is how to raise the declining
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One of the main conclusions drawn from this study is that the glory and honor of the workplace are not the highest motivating factors. Therefore‚ companies must balance the intrinsic and extrinsic needs of its personnel in order to draw from them the highest quality of work possible. This will benefit both the employers and the employees. Factors Involved in Motivating Employees And What Benefits Employers Offer That Really Matter Section I Introduction to the Study Introduction
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Assumptions leads to destruction. An assumption is basically believing something is true without actually having proof. In the book The Kitchen House assumptions is a huge theme throughout the book‚ characters in the book held judgement on things they didn’t know the full facts about. These assumptions caused them to make decisions they would have thought different about if they knew the truth. For instance there was many examples in the book‚ for example when Lavinia first arrived at Tall Oaks
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Orleans is a city well known for its culture and flavor that is unlike anything any other city can offer. It boasts a variety of traditions‚ cultures‚ music and most importantly‚ food. Soul Kitchen by Poppy Z. Brite contributes to the New Orleans flavor by highlighting the food aspect of the culture. Soul Kitchen illustrates how food is not only an important part of New Orleans but is part of the soul of the city‚ hence the title. While many are not as well versed in the culinary field as Brite is
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Case #33 California Pizza Kitchen Synopsis and Objectives This case examines the question of financial leverage at California Pizza Kitchen (CPK) in July 2007. With a highly profitable business and an aversion to debt‚ CPK management is considering a debt-financed stock buyback program. The case is intended to provide an introduction to the Modigliani-Miller capital structure irrelevance propositions and the concept of debt tax shields. With the background of a pizza company‚ the case provides
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