ACCG330 SEMINAR ASSIGNMENTS (Assignments are due in the respective seminars in the week designated) Due Date TOPIC Week 2 No assignment is due this week. Please read the Baldwin Bicycles Case prior to class. Week 3 Strategic process and strategic analysis ........................................... page 2 Case: Baldwin Bicycles Week 4 Strategy and management control. Case: Lincoln Electric Week 5 Strategic change and strategic flexibility Class Test 1 (during normal seminar) ............................................. page 5 No assignment is due this week due to class test. Week 6 Activity based costing ........................................................................... page 6 Case: …show more content…
Leister to increase Baldwin's purchasing, inventorying, and production costs over and above the added costs that would be incurred for a comparable increase in volume for Baldwin's regular products. On the positive side, Ms. Leister was acutely aware that the "bicycle boom" had flattened out, and this plus a poor economy had caused Baldwin's sales volume to fall in the past two years.1 As a result, Baldwin currently was operating its plant at about 75% of a one-shift capacity. Thus, the added volume from Hi-Valu's purchases could possibly be very attractive. If agreement could be reached on prices, Hi-Valu would sign a contract guaranteeing to Baldwin that Hi-Valu would buy its own-brand bicycles only from Baldwin for a three-year period. The contract would then be automatically extended on a year-to-year basis, unless one party gave the other at least three months notice that it did not wish to extend the contract. Suzanne Leister realized she needed to do some preliminary financial analysis of this proposal before having any further discussions with Karl Knott. She had written on a pad the information she had gathered to use in her initial analysis; this information is shown in Exhibit 2. 1 The American bicycle industry is very volatile. From 1967 to 1970 sales average about 7 million units a year; in 1973 sales were 15 million units; in 1975 sales were back down to 7.5 million units and in 1982 sales were 10 million units. 2 EXHIBIT 1:
Cost of Goods Sold – totaled $3,294,000.00 for year 6, and from years 6 to 7 grew +32.8% or $1,048,000.00.
DUE Friday November 1, 2013– This project is due on November 1st before 4:00 pm and is to be submitted in the Accounting Lab – room 200 in the Rands House. The hours for submission of and help with the project will be posted on the class Blackboard site. You will sign your project in to create a record of its being submitted. Be sure your name and the name of your TA are on the front page of the project.
Do you believe that Jones went from a profit in 1960 to a loss for 1961, despite the fact that sales were the same and production increased?
Consumers are not limited to a single market, many of them will be purchasing multiple bikes, but all of them have specific preferences. Successful company will meet customer’s needs and maximize sales by growing the potential market size as well as taking sales from competitors.
Response Paper 4 – How have economic development and globalization changed the ecology of human health and disease? In your discussion, include aging, infectious disease, and chronic disease. You should discuss the concept of epidemiological transitions
Lyon, Robert, Citi Bike’s road trip: where next?.New York . New York University Stern School Of Business. 2014. Print.
years decisions for Bikes Bikes Bikes, which have resulted in both negative and positive impacts.
Question 1: Not-for-profit Accounting (30 marks) City Youth Services (adapted from CMA Entrance Exam Syllabus 2006)
1. Which accounting method best reflects the economic reality? Put another way, which accounting numbers – the GAAP or non-GAAP numbers best reflects economic reality? [10 points]
Cost – HD’s cost of goods sold has increased from 1991 to 1995 due to expansion of production. Similarly, the cost of selling, admin and engineering has also increased.
By leaving the MSA open until negotiated, the signed Service Agreement would be the binding document for 12 months or until a MSA is signed
As a first-rate bicycle corporation we strive to ensure a generation of high quality bikes. We utilize our high quality, durability within our products, and relatively low price to garner satisfaction from all of our customers. Our stress-free environment enables our unique employees to eagerly apply their expertise and aid our customers in every way possible. By satisfying our retailers with generous investments we envision MDBK bikes to be in every household across the globe. We aim not only to expand and, subsequently, secure job occupations to satisfy trade unions, but to also gain vast recognition as one of the most preeminent bicycle companies in the world.
1. If they reject the contract they will not have the potential to earn an additional $4
The Agreement created herein, can be renewed for one year subsequent to effective termination date, by written notice signed by all parties, acknowledging their desire to renew the Agreement. Notice of renewal shall be given and signed by all parties by no later than 45 days prior to the then effective termination date of the Agreement. If this Agreement is not renewed pursuant to the terms herein, it shall automatically renew under the terms and conditions contained herein on the then effective termination
The UK Government policies encourage citizens to use more bicycles instead of other transportations as possible as they can because of the congestion and air pollution. In addition, increasingly number of people has treated cycling as an exercise, trip and healthy lifestyle, which promotes the consumption of bicycle. These contribute to the boost of bicycle industry. However, JAS has gained relatively lower market share over the last few years. The level of competitive intensity has a significant impact on JAS’s sales and profit.