The Devils Own Wine Shoppe Essay

The fixed cost is assumed that Larry has discovered the other fixed cost incurred. The total investment is $800,000. The worst case scenario assumes that Larry got a total line of credit from the bank in the amount of $400,000 and invested $400,000 from other source. The Notes payable – short term and the long-term debt is (11.8 + 3.7) = 15.5 % from Table F in the handout. The Loan interest and payment per year is ($400,000 * 0.155)= $62,000. The Income data from Table F indicates that there is a 0.4% of all other expenses net out of the total sales which equals to $109,908 (5,700,666 gallons * $4.82 *0.4%) .

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 &

3. Describe at least 3 nonprice competition strategies a company could use to convince customers that its product is better than other similar products. Why would those strategies matter to customers? (1-6 sentences. 3.0 points)

5. Determine the necessary sales in unit and dollars to break-even or attain desired profit using the break-even formula.

In our second assumption, instead of using the cost of goods per cases in 1986, we try to use the percentage it counts in the total expenses which is 50.4% and to find the sales needed to break-even. The detail of the calculation is shown in the answer for questions d. The result is that 95,635, a little bit higher than the estimated sales of 90,000.

1. The local Mastermind store sells innovative educational toys. Part of their service is giving advice to customers about the best toys for a particular age group, which requires having more customer service representatives in the store. During the month long Christmas buying season, it makes half of its $500,000 yearly sales. Its contribution margin on average is 40% and its fixed costs for the year are about $150,000. The owner believes that she could make even higher sales, if she had more customer service representatives on the floor during the peak season. She plans on hiring four more people for 200 hours each at $20 per hour. How much additional revenue does she have earn to the nearest dollar

Based on the Excel Problem of chapter one, if the total capacity for this business is 725 will you stay in it? If you want to stay in it what price you need to obtain a break even point of 725?

If Marlene Herbert were to discontinue place mats, he would miss $270,000 that will go toward Mendel paper company fixed cost. The company currently has a plant overhead that is estimated at $420,000 for the quarter. In addition to the fixed plant overhead, the plant incurs fixed selling and administrative expenses per quarter of $118,000. This draws the company to a total fixed cost of $538,000. If Marlene Herbert were to discontinue the second highest contributor to the fixed cost, he would need to increase the volume of computer paper and lower material cost to help pull the contribution margin of the lowest product up to help support the lost of a whole product line.

Gameland Village is segmented into two sales departments: software and video games. During April, these two departments reported the following operating results:

Kerrie works as a general manager for a financial service company, by the name of Access, the company is having financial problems due to the recession and because of this Kerrie is willing to take a 15% reduction within her operating cost for her division. Kerri has chosen to take a horizontal approach while she addresses the cost reduction with her team.

The operating income of Snells retail department store is better than budgeted by $168,000. The factors that are attributed to this is the total of actual delivery and credit & collection expenses of $15,000 which is less than budgeted. And the selling and promotion expenditures that were $51,000 less than budgeted for the actual sales volume. The management should investigate these differences. Either unusual savings have been achieved, or the budget estimates are not realistic. Management should also carefully investigate its advertising strategy to see if the “savings” in selling expenses are having a negative impact upon sales and gross profit. These factors were offset in part by the total of building occupancy expenses, buying expenses,

Fascism had a large influence in Italy, as demonstrated by Mr. Spina’s struggles living as

The term “tears of wine” refers to a well-known everyday phenomenon. When a two-component liquid evaporates in a container, preferential evaporation of one component induces solutal and thermal Marangoni stresses that let the liquid climb the walls of the container. Eventually, the liquid ridge having developed that way becomes unstable and is pulled back to the container by gravity, forming structures reminiscent of tears [1]. This effect is having great importance both on fundamental and technological processes, e.g., lubrication, oil recovery, emulsification, microfluidic devices, or coating processes. Extensive research works have been reported to understand Margngoni effect on liquid film spreading, small droplet/particle transport and manipulation, flow instabilities [2-4], etc. One striking feature is that most of them were focused on flat interfaces. Recent works show that, in addition to the liquid-vapor interfacial tension gradient that renders Marangoni stresses, the curvature of the solid-liquid substrate (which can be treated as a confinement and plays a crucial role in

collection. Ben Parker, the owner of the Fine Wine Rack Co., closes each deal personally and turns

Colin's unemployment status has caused him to consider opening up his own business. His dilemma is deciding where to locate his business; either at Great Eastern Building downtown or Exploits Valley in the mall. Due to him being unemployed, Colin needs to begin earning an income to live. To do so he needs to improve his projected sales so that his net income would be sufficient to live on and to be able to pay back Ed's investment in the business.