Medieval Company free essay sample

Medieval Adventures Company Questions: 1. ) Prepare monthly income statements, balance sheets, and cash budgets based on sales increases of 500 units per month and a 30-day advance production for January through September. When will the company need extra funds? How much will be needed? When can a short-term loan to cover the need be repaid? Please see the attached financial statements that follow. A projected analysis of the Cash Budget for Medieval Adventures yields a negative cash balance by April month-end. Assuming the company’s costs (expenses) are paid within the month incurred, additional funds are required within the month of April. Medieval projects a positive cash balance of $30,000 at March month-end. In April, the company Medieval Adventures – April Analysis: 571 Units Cash Balance, April 1, 20xx: $30,000 will incur a fixed â€Å"being in business† expense of Expenses: $10,000 and a variable cost of $35 per unit Being in Business Cost: (10,000) purchased. Therefore, additional funding would Cost of Producing 571 units: (19,985) need to be in place prior to the production of the 572 Balance: unit. We will write a custom essay sample on Medieval Company or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Further analysis of the Cash Budget indicates a continued cash balance decline to a maximum value of $40,000 at July month-end before trending upward. Not inclusive of taxes or incurred monthly finance charges, a short-term loan of $40,000 could be either be paid lump-sum at the end of October, or via three payments of $7,500, $17,500, and $15,000 in the months of August, September, and October respectively. See the example amended Cash Budgets below. Note: these amended budgets include assumed continued sales increases of 500 units for the months of October and November. per month in preparation for the upcoming month’s sales, he is producing units in excess of those being sold in the current month. Therefore there is a monthly increase in inventory non-cash item of $17,500 (500 units x $35) reducing his net cash flow. Additionally, Reinholz is incurring an increase in accounts receivable through delayed collection practices. This non-cash item stabilizes at $55,000 monthly beginning in March. Therefore, while profitable, Medieval Adventures cash flow from operating activities is negative each month through August resulting in a sub-zero bank balance in April; it is not until a net income in excess of $72,500 ($17,500 + $55,000) is achieved that the trend is reversed. This scenario could be avoided (or minimalized) through one of two measures. First, Reinholz could delay production, thereby deferring costs closer towards revenue receipt of the unit produced. Secondly, more aggressive collection efforts or buyer incentives such various sales/cash discounts could be used to lessen the affect of monthly increases in accounts receivable. 3. ) From your calculations and financial statements for Question 1, derive cash flow statements for the moths of March, May, and July from each month’s beginning and ending balance sheets and income statement. Compare these derived cash flow statements with the cash budgets prepared directly in Question 1. Please see the accompanying financial statements and Cash Flow Statement for the Months of March, May and July that follow. In comparison, the cash flow statements for each of the months in question indicate Cash at End of Month identical to the projection of the prepared budget.

Favorite Season Essays

Favorite Season Essays Favorite Season Essays Favorite Season Essays Many students find it rather difficult to write favorite season essays. From one side, favorite season essay writing does not require extensive research or the scientific evidence. From the other side, your essay must still be written in accordance to academic standards, gain the attention of the readers, and be interesting to read. The following essay tips may help you with writing your favorite season essays. In addition, do not forget to read tips on writing narrative essays and expository essay. Favorite Season Essays Tips combine different styles and forms of composition: narrative, descriptive paragraphs, expository and persuasive essay parts. writing favorite season essays, do not forget about the flow of ideas. Subordination and strict order in essay writing are essential: use link words to ensure transition from one paragraph to another. You may use the following words/phrases throughout your essay: one reason, another reason, in conclusion, first, second/secondly, in summary, first of all, third/thirdly, in short, for example, another example, to begin with, as well as, to summarize, to start with, too,to conclude, hence, additionally, last/lastly, finally, etc. Favorite Season Essays Structure Lets investigate the main parts offavorite season essays. Introductory paragraph it may be a short story from your life that shaped your preference of the specific season Body - show who, what, where, and when. In other words, the main body of your favorite season essay should be detailed as much as possible. However, do not forget about staying focused on your topic! Do not make your essay heavy with excessive descriptions. Concluding paragraph end your essay with a paragraph in which you emphasize the reasons why the specific season is your favorite Favorite Season Essays Ideas Winter: if winter is your favorite season, you may start your essay with the short story from your childhood when you went to see your grandmother and you spent endless hours outside playing snowballs. Winter is a favorite season for many people because of Christmas Summer: if summer is your favorite season, you may write about the suntan, swimming, lose clothes, warm nights, and all others things that make summers memorable. Undoubtedly, do not forget to mention that summer is a season of vacations and you have a lot of time to spend with your friends Spring: if spring is your favorite season, you may focus on the revival of nature, on the romantic feelings, and the time of exams. Spring is a transition from winter to summer and it is no longer cold and yet there is no unbearable heat. Thus, you may write about the comfort of the spring Autumn: usually, autumn is the favorite season of the older people and depressive ones. Autumn is symbolic of the wading youth and nature. Nevertheless, autumns are very beautiful in their variety of colors. If you are not a depressive person, you have definitely enjoyed walking in the forest in the fall season. Custom Favorite Season Essays If you find the above tips helpful but do not have enough time or ideas to write your favorite season essays, you may confidently rely on the shoulders of our professional writers. We are ready to write a custom favorite season essay for you from scratch and deliver it within the most urgent deadlines. We do not plagiarize! You may review free research paper sample and essay on patriotism in our blog to see the quality of our writing help! Read also: History Thesis Get Dissertation Help Dissertation Thesis Dissertation Proposal Dissertation Expert

Transnational Corporation Article Example | Topics and Well Written Essays - 2500 words

Transnational Corporation - Article Example P&G is no exception .It has launched a systematic expansion strategy in such foreign markets to acquire a truly international hue. This paper addresses the issue of globalization of P&G and explores the details of the strategy adopted by P&G within the framework of an examination of strengths, weaknesses, opportunities and threats. P&G is a US company and has its main office in Cincinnati; USA.P&G is one of the largest manufacturers of fast moving consumer goods (FMCG) in the world. P&G enjoys a noticeable proportion of market share in numerous product categories: beauty care (Pantene, Olay, Cover Girl), paper goods (Bounty, Charmin, Pampers), food and beverages (Folgers, Pringles, Duncan Hines), laundry and cleaning (Tide, Cascade, Dawn), and health care (Crest, Scope, Metamucil). A literature piece in the Fortune Europe edition (April 17th, 2006) reported that Procter & Gamble ( ranked number 24 in the Fortune 500 list) had as many as 22 brands in its stable with each exceeding 1$ billion in sales. P&G had acquired 5 of these brands during the course of its $61 billion acquisition of Gillette (which was acknowledged as the largest merger of the year 2005). The strength and size of P&G was conclusively certified by ACNielsen, which surveyed and found that 99% of U.S. households use one or the other P&G produc t. P& G completed the acquisition of The Gillette Company for approximately $53.43 billion on October 1, 2005. At that point of time Gillette was the leading consumer products company that had $10.48 billion of sales in its most recent pre-acquisition year ended December 31, 2004. (Annual Report 2006). Theory behind the strategy of Globalization Dunning (1981) posits that three conditions need be met concurrently in order to initiate an FDI decision. The investing organization should derive both an ownership (O) advantage and an internalization (I) advantage, as the foreign market presents a clearly calculated and reckoned locational (L) advantage. P&G has been carefully vetting all three in its strategy for globalization. Globalization has brought about intense competition for global markets amongst the major multinational companies. These companies have been looking outwards to reorient their organizational structures and strategies to capture the global markets by positioning their products strategically. A recent study of the US and European companies revealed that 75 percent were taking up the above strategic reorganization in order to stay competitive and staying competitive was considered the single most important external issue on their agenda. Past experiences have shown that poor planning further embattled by rudi mentary understanding of the cultural aspects of the global market places had ruined the huge marketing campaigns of even the multinational companies. Coke CEO stated," Coke has had to come to terms with a conflicting reality. In many parts of the world, consumers have become pickier, more