Celebrations and Memories Ltd. (CML) Current Situational and Future Growth Opportunities Analysis By: Robyn Berg, CMA (1072063) For: Gordon Hoops & Chris Mantha Executive Summary Introduction MCL has been operating successfully for decades, but as times change, now they are finding themselves in a situation which requires in mediate action. Situational Analysis Even though MCL is still profitable, the ratios calculated (Appendix 1) indicate that the company is not very liquid, and is in risk of becoming insolvent. CML’s liquidity ratios all fall below the commonly acceptable. For example, the quick ratio for 2011 is 0.11, when the acceptable is 1. In …show more content…
(Total 7 new Stores in 2 years) ▪ Stores in Alberta could have 10% higher revenues than in BC ▪ This will generate more revenues, aligning with the board’s desire. ▪ Has a before tax net present value of $2 Million dollars. (please refer to Appendix 4 for complete analysis) o Cons: ▪ Stores in Alberta could have 15% higher operating costs ▪ This will increase corporate office travel expenses, which goes against board’s desire to decrease expenses. ▪ New Stores opportunities are limited due to not many new secondary malls been build in growing urban sectors • Good operating profits from new stores(S) 3. Warehousing o Pros: ▪ Higher Contribution Margin, as delivery charges would decrease ▪ Will decrease delivery expenses. This will satisfy the boards desire to decrease expenses. o Cons: ▪ New warehouse would have to be constructed, 2 vehicles purchased and a drivers would have to be hired. ▪ This would only serve stores in Quebec and Ontario, not to B.C or Nova Scotia ▪ High cost of building and maintaining warehouse ▪ Negative NPV $3 Million dollar (Please see Appendix 5 for detail calculations) Recommendations It is recommended that CML starts selling the collectible plates and DVDs, as well as see into expanding into the new 7 locations. It is also recommended
* Distributed through province owned stores in all provinces except Alberta, Quebec, and BC where private distributors also exist.
California Choppers (CC) appears to be acceptable in terms of their liquidity. Their current ratio seems to be right around the industry average for the past five years. On the other hand, the cash ratio could improve a little bit. Although the cash ratio numbers are similar to the industry average, companies want to see this number improve. By looking at the attached selected ratios spreadsheet, it
The acquisition and post-acquisition period for Mt. Mercy Hospital/Sister Mary Theresa’s purchase of Abbott Hospital experienced several organizational change issues. Within Dr. Belasen’s corporate communications model “CVFCC,” several quadrants became compromised. During the acquisition period, conflict arose within the realm of Investor Relations and Government Relations. Conflict continued to arise after the acquisition – specifically within the quadrant of Employee Relations.
The liquidity of firm can be measured by computing certain ratio’s such as current ratio and acid ratio. For measuring Target Corporation’s 2014 liquidity; the firm’s current ratio and the acid ratio is computed. The company’s current ratio is 0.91 times which is computed by comparing current asset ($11, 573,000) with current liabilities ($12,777, 000) of the year 2014 (TGT Company Financial, n.d). The firm’s acid ratio is 0.26 times which is computed by deducting inventory ($8,278,000) from current assets. The inventory is deducted from current assets because the company has not received any money for the unfinished good or from unsold inventory worth ($8,278,000). To analyze the Target Corporation’s liquidity trend in 2014; the current ratio and acid ratio of 2014 is compared with the 2015’s ratios. In 2015, the firm’s current ratio was 1.20 times and the acid ratio was 0.45 times. These liquidity ratios reflect that the firm’s liquidity was better in 2015 than 2014. (See Table 1).
How would Ed’s blood help protect him from a foreign invader such as the one now in his system?
Big Bend Medical Center is a full-service, not-for-profit, acute care hospital with 325 beds located in Big Bend, Texas. The bulk of the hospital’s facilities are devoted to inpatient care and emergency services. (Gapenski, pg. 27) The outpatient services section of the hospital is used by the Outpatient Clinic, as well as the Dialysis Center. The Outpatient Clinic, which makes up about 80 percent of the outpatient services section, has recently grown in volume and has created a need for 25 percent more space than it currently has. Moving the Dialysis Center to a new building was decide to allow expansion of the Outpatient Clinic. A change and focus on the allocation of costs has some department heads angry and claiming of
On the 24th February 2000, Victoria was taken semi-conscious and suffering from; hypothermia, multiple organ failure and malnutrition, to a local church. The taxi driver that collected them from the church was so horrified at her condition, that he took them straight to A and E. Victoria died the following day.
* The other 50 markets served by exclusive dealers wouldn’t be affected, since the advertising and promotion program was already budgeted for these dealers.
American Psychiatric Association. (2013). Diagnostic and statistical manual of mental disorders (5th ed.).Arlington, VA: Author.
The return on shareholders’ fund, capital employed, total assets all have gone down during this period. The ability of the company to pay its short term debt hasn’t varied much, but the administrative expenses have gone up by a very large amount.
1. Prepare a brief situational analysis of LMF for Dr. Townsend, identifying at least 3 internal issues and 3 external issue/competitive issues that are affecting LMF.
Case conceptualization explains the nature of a client’s problem and how they develop such problem ( Hersen, & Porzelius, p.3, 2002) In counseling, assessment is viewed as a systematic gathering of information to address a client’s presenting concerns effectively. The assessment practice provides diagnostic formulation and counseling plans, and aids to identify assets that could help the client cope better with concern that they are current. Assessment is present as a guide for treatment and support in the “evaluation process. Although many methods can be employed to promote a thorough assessment, no one method should be used by itself” (Erford, 2010, p.269-270). Eventually, it is the counselor's job to gain adequate
Liquidity ratio. The firm’s liquidity shows a downward trend through time. The current ratio is decreasing because the growth in current liabilities outpaces the growth of current assets. The quick ratio is also declining but not as fast as the current ratio. From 1991 to 1992, it only decreased 0.35 units while the current ratio decreased 0.93 units. Looking at the common size balance sheet, we also see that the percentage of inventory is growing from 33% to 48% indicating Mark X could not convert its inventory to cash.
Liquidity ratios measure the short term ability of a company to pay its obligations and meet their needs for maintaining cash. According to Cagle, Campbell & Jones (2013), “A good assessment of a company’s liquidity is important because a decline in liquidity leads to a greater risk of bankruptcy” (p. 44). Creditors, investors and analysts alike are all interested in a company’s liquidity. After computing liquidity
The transition from paper to electronic laboratory reporting (ELR) has been slow for a variety of reasons despite national attention and support. Laboratories/providers that are not reporting via ELR in Tennessee use traditional paper-based methods of case reporting by fax and/or mail. Frequently, the paper-based case reports are missing pertinent information that requires public health to contact laboratories/providers to obtain the necessary information required to follow up on a case. In order to bridge the gap between ELR and paper-based case reporting, the Tennessee Department of Health (TDH) utilized the Research Electronic Data Capture (REDCap) software to design a web-based case reporting database that allows for electronic reporting. The database was created to not only manage case reporting, but to serve as a mechanism to track reporting