3) Assuming a 15% operating income return target on the beginning investment, what sales level is needed to hit this target?
I would do this by stating that a compensation professional can be a full time employee that knows the company and what the company need, they can be cost effective, and there is a level of commitment. When discussing knowing a company, this also means knowing the customers and the competition. The compensation professional can learn who the customers are, what the needs are of the customer, and even why they actually buy or use the service. With the compensation professional being full time, the employee can do the research needed to find this information. They can also aid in the process of find the ends and out of the competition. This gives the business a competitive edge. In addition, knowing and understand the needs of the customer is the centre of a successful business. This information or knowledge, one can use
EXPERIENCE FULTON COUNTY GOVERNMENT, ATLANTA, GA NOV. 1979 - 2004 Clerk-receiving all incoming mail and distribute to appropriate staff. Answer incoming calls. Promoted (CETA, Clerk Vital Records-clerk; Finance-clerk; District Attorney-clerk) Vital Records- Created Birth & Death Certifies from information obtained from government information Issued Birth and Death Certifies for a fee to public. Finance Department-
As of next week, we will require that all employees at Semper Absum take a mandatory one-hour lunch break away from their desks. After hiring an efficiency expert, we were informed that many employees were not taking a lunch-break and instead were using work time to attend to personal matters. Statistically, employees who do not take a lunch break tend to be less productive during the rest of the day.
Portfolio Recovery Associates is a debt collection company. Debt collection is the process of pursuing payments of debts owed by individuals or business. Portfolio Recovery Associates is a 3rd party collection company, this company buys defaulted consumer debt for pennies on the dollar. I am currently employed at Portfolio Recovery
Chapter 11. Ch 11-18 Build a Model Click Link Below To Buy: http://hwaid.com/shop/chapter-11-ch-11-18-build-a-model/ Webmasters.com has developed a powerful new server that would be used for corporations’ Internet activities. It would cost $10 million at Year 0 to buy the equipment necessary to manufacture the server. The project would require
A. The new policy regarding the alternate work week schedule was a result of employee complaints.
The rise in revenue was rapid starting from the year of operations. The key period of business was from April to September were revenues were equal to 65% of total revenue as the product was seasonal. The basis of forecasting for the year 1981 & 1982 is the expectations of sales by Mr. Turner & Mr. Rose. It is given that total sales were $ 15.80 million in first half of year 1981 and the total sales in 1981 to reach $ 30 million. Profit after tax was expected to be $ 1 million for 1st half and we assumed for the next half, profit will be in proportion to first half & expected to be amounting to $ 0.90 million. For year 1982, the sales expectation by Mr. Rose was around more than $ 71 million &
Bo Zhang EEE451 Case 4 Questions September 11, 2012 Case 4 THAIFOON RESTAURANT * Prepare a spreadsheet for the restaurateur to project his net profits. From exhibit 3, Thaifoon restaurant forecast that there would be 18 turns (5 lunch turns and 13 dinner turns) each week. And the owner planed to
The below analytical graphs will depict and projects potential sales/gross margins figures from year to year when operational. Overall sales of $70 000. Financial statements (profit/loss, cash flow and balance) have been prepared to depict financial operations for the first month of operation as well as if business was to remain operation for 3 consecutive years.
The first capital project request that will be analyzed is Gopher Place. This store would come at a cost of $23 million which is $5.4 million more expensive than the prototype. The NPV and IRR for Gopher place is $16.8 million and 12.3% respectively. Sales at this location could decrease by 5.3% and still achieve the prototypes NPV. However sales would have to rise by 2.2% to achieve the prototype IRR. With a sales decline of 10 percent the store NPV would decline by $4.7 million and the IRR would decline by 1.3 percentage points. Target already operated five stores in this market and this store would be expected to derive 19% of its sales from these
* R40 000/16 000 = R2.50 d. Sales (18 000(20 000 x .90) x R40 (R35+R5) Less: Variable costs Contribution Less: Fixed costs (R55 000 + R5 000) Net profit R 720 000 (346 500)² 373 500 (60 000) 313 500 ²R166 500 (18 000 x R9,25) + R135 000(18 000 x R7,50) + R45 000 (18 000 x R2,50*)
Raw Materials Factory Insurance $ 4600 Inventory 7/1/13 $ 48000 Factory Machinery Raw Materials Depreciation 16,000 Inventory 6/30/14 39,600 Factory Utilities 27,600 Finished Goods Office Utilities Expenses 8,650 Inventory 7/1/13 96,000 Sales Revenue 534,000 Finished Goods Sales Discounts 4,200 Inventory 6/30/14 75,900 Plant Manager’s Salary 58,000 Works in Process Factory Property Taxes 9,600 Inventory 7/1/13 19,800 Factory Repairs 1,400 Work in Process Raw materials Purchases 96,400 Inventory 6/30/14 Both products require 1.5 hours of direct labor for completion. Therefore, total annual direct labor hours are 96,300 or {1.5hrs.X (54,000+10, 2000)}.Expected annual manufacturing overhead is $1,557,480.Thus, the predetermined overhead rate is $16.17 OR ($1,557,480 /96,300) per direct labor hour. The direct materials cost per unit is $18.50 for the home model and $26.50 for the commercial model. The direct labor cost is $ 19 per unit for both the home and the commercial models.
Cost of sales reps = Cost of own office No.of employees * 10% of gross sales = Cost of set up & ongoing communication + No. of employees * (Employee Base Salary + 5% of gross sales)
AC505 - Capital Budgeting Problem Data: Cost of new equipment Expected life of equipment in years Disposal value in 5 years Life production - number of cans Annual production or purchase needs Initial training costs Number of workers needed Annual hours to be worked per employee Earnings per hour for employees Annual health benefits per employee Other annual benefits per employee-% of wages Cost of raw materials per can Other variable production costs per can Costs to purchase cans - per can Required rate of return Tax rate Make Cost to produce Annual cost of direct material: Need of 1,000,000 cans per year Annual cost of direct labor for new employees: Wages Health benefits Other benefits Total wages and benefits Total annual production