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
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Big Time Toymaker LAW/421 University of Phoenix Matt Johnson May 21‚ 2012 Jacques Ward 1. At what point‚ if ever‚ did the parties have a contract? BTT and Chou reached an agreement when BTT paid him the $25‚000 in exchange for exclusive negotiation rights for a 90 day period. Although the negotiation agreement specified no distribution contract existed unless it was in writing‚ the two came to an oral agreement three days prior to the 90 day deadline. This was
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Table A Table A: Condensed Income Statements‚ 1991-1993 (thousands of dollars) 1991 1992 1993 Net sales Cost of goods sold Gross profit Operating expenses Interest expense Interest income Profit before taxes Federal income taxes Net profit $5‚213 3‚597 $1‚616 1‚199 68 20 $369 125 $244 $6‚167 4‚440 $1‚727 1‚542 75 15 $125 43 $82 $7‚967 5‚577 $2‚390 1‚912 85 16 $409 139 $270 Page 1 Table B Table B: Balance Sheet at December 31‚ 1993 (thousands of dollars) Cash Accounts
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Narrative Analysis “Super-Toys Last All Summer Long” 23 October‚ 2011 Time waited on her shoulder with the manic sloth it reserves for children‚ the insane‚ and wives whose husbands are away improving the world. Almost by reflex‚ she reached out and changed the wavelength of her windows. The garden faded; in its place‚ the city center rose by her left hand‚ full of crowding people‚ blowboats‚ and buildings (but she kept the sound down). She remained alone. An over-crowded world is the ideal place
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The changing nature of the toy industry contributed to the downfall of the LEGO Group. As the consumer trend in the toy industry has shifted towards technology and other substitutes like video games and other online activities have reduced the demand for traditional toys. The toy industry was dominated by a few companies that fought over retail space‚ reduced prices‚ and launched new product lines to appeal to more consumers. Furthermore‚ the increasing power of giant retailers like Wal-Mart and
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The global market for specialty fuel additives is expected to reach USD 8‚517.6 million by 2020‚ according to a new study by Grand View Research‚ Inc. Dynamic regulatory trends‚ particularly in North America and Europe has prompted fuel marketers to use specialty fuel additives which is expected remain a key driving factor for the market over the forecast period. In addition‚ ban on MTBE in the U.S. is expected to further push the demand for fuel additives over the next six years. However‚ emergence
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The medical specialty bags market is expected to reach USD 10.31 billion by 2020‚ according to a new study by Grand View Research‚ Inc. Increasing old-age population (65 years and above) base and prevalence of urinary is expected to serve this market as a high impact rendering driver during the forecast period. In addition‚ government initiatives aimed at increasing healthcare expenditure‚ setting affordable prices and designing better reimbursement policies is expected to drive market growth over
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orders and the emphasis of how it applies to unit structure including the specialty of a soldier On Wednesday‚ 28 February 2015‚ I was given instructions and failed to do so by taking initiative and went to talk to my Platoon Sergeant SFC Taylor. I understand my mistakes and what they can cause that is why I am writing this essay about the importance of following order‚ with emphasis on how it applies to our unit and our specialty. Failing to follow instructions‚ no matter who delivers them or how trivial
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GREEN TOYS INC. Market Segmentation It is a crucial key for the companies to adapt to their target customers’ needs‚ wants and values. Larsen (2010) stated that a company could not satisfy all customers in broad and diverse markets and hence divided the customers into segments. Then the company decided which segment they want to target. Marketing segmentation is‚ defined by Kotler and Armstrong (2005)‚ “dividing a market into distinct groups of buyers who have distinct needs‚ characteristics
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him any kind of toy gun? If they had‚ then it could have been another of those signals‚
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