Capital Budgeting Worksheet Essay Example for Free

Capital Budgeting Worksheet Essay Read the scenarios below and select one to review and analyze. Determine the proposal’s appropriateness and economic viability. For all scenarios, assume spending occurs on the first day of each year and benefits or savings occurs on the last day. Assume the discount rate or weighted average cost of capital is 10%. Ignore taxes and depreciation. Proposal A: New Factory A company wants to build a new factory for increased capacity. Using the net present value (NPV) method of capital budgeting, determine the proposal’s appropriateness and economic viability with the following information: †¢Building a new factory will increase capacity by 30%. †¢The current capacity is $10 million of sales with a 5% profit margin. †¢The factory costs $10 million to build. †¢The new capacity will meet the company’s needs for 10 years. †¢The factory is worth $14 million over 10 years. Proposal B: New Equipment A company wants to buy a labor-saving piece of equipment. Using the NPV method of capital budgeting, determine the proposal’s appropriateness and economic viability with the following information: †¢Labor content is 12% of sales, which are annually $10 million. †¢The new equipment will save 20% of labor annually. †¢The new equipment will last 5 years. †¢The new equipment will cost $200,000. Proposal C: New Advertising Program A company wants to invest in a new advertising program. Using the NPV method  of capital budgeting, determine the proposal’s appropriateness and economic viability with the following information: †¢The new program will increase current sales, $10 million, by 20%. †¢The new program will have a profit margin is 5% of sales. †¢The new program will have a 3-year effect. †¢The new program will cost the company $200,000 in the first year.

A Tale Of Two Cities - Foreshadowing :: essays research papers

In Charles Dickens’, Tale of Two Cities, the author repeatedly foreshadows the impending revolution. In Chapter Five of Book One, Dickens includes the breaking of a wine cask to show a large, impoverished crowd gathered in a united cause. Later, we find find Madame Defarge symbolically knitting, what we come to find out to be, the death warrants of the St. Evremonde family. Also, after Marquis is murdered for killing the small child with his horses, we come to see the theme of revenge that will become all too common. The author uses vivid foreshadowing to paint a picture of civil unrest among the common people that will come to lead to the French Revolution. In Chapter Five of Book One, Dickens includes the breaking of a wine cask to show a large, impoverished crowd gathered in a united cause. At this point in the novel, Lucie Mannette and Mr. Lorry had just arrived in Paris to find Lucie’s father. The author appears to get off of the subject to describe the breaking of the wine cask. This however, is much more significant than it would first appear. Outside of a wine-shop, a wine cask is broken in the street. Many people rush around the puddle on the ground trying to scoop it up and drink as much as they can. Dickens describes the rush to the spilled wine by saying "The people within reach had suspended their business, or their idleness to run to the spot and drink the wine... some men kneeled down, made scoops with their two hands joined and sipped."(Dickens 27). This goes to show how desperate the people are. The quote also infers that many people are unemployed. As a joke, a man writes the word "BLOOD" on a wall next to where the cask broke open. This foreshadows the violence of the unruly mobs later in the novel. This scene points out how impoverished the people of Paris are and how rowdy a crowd can become when they are unified under a united cause. Later, we find find Madame Defarge symbolically knitting, what we come to find out to be, the death warrant of the St. Evremonde family. Madame Defarge was a very hateful character. She hated the upper-class and was never able to get past this hatred. Thus, she and her husband become leaders of the Jaquerie, a group that is planning the revolution.

Home Depot Business Proposal Essay

Bernie Marcus and Arthur Blank founded Home Depot Corp in 1978 (The Home Depot, 2013). The business created strategic product analysis providing an assortment of items to consumers. From the beginning, workers have been able to deliver superior customer satisfaction in the business, helping consumers with jobs such as handling power tools, changing out parts on appliances, laying tile, etc. The Home Depot employees all underwent arduous training to familiarize each employee with products. In addition, the business began hosting workshops to teach consumers on how to do things themselves. Home Depot progressed into a globally known hardware retailer that has an inventory consisting of up to 40,000 various types of constructing and home improvement materials, supplies, outdoor, lawn and garden equipment, appliances, and more than 250,000 other items that can be acquired through special order online or in store (The Home Depot, 2013). Home Depot offers extensive dedication to developing every source in the creating an operational competitive advantage in addition to managing logistics surrounded by the supply chain. An impenetrable basis surrounded by the symbol of home improvement creates the opportunities impact and generates properties on obtaining policies, strategies and measures, which are recognized in Home Depot’s procurement technique. Variables Depending on the number of sellers in any one industry, the differentiation of products and the barriers to entry, a market structure could be an oligopoly, monopoly, perfect competition, or a monopolistic competition. The price elasticity of demand ranges from relatively low in a monopolistic market to very high in a perfectly competitive market. The higher the price elasticity of demand, the more a modification in cost will affect demand for product. The Home Depot asserts various domestic and international customers, ranking as the fourth leading home improvement merchant in the U.S. and fifth biggest in the world. Home Depot customers range from in-house associates to external novice homeowners to industrious commercial contractors. The Home Depot works closely with suppliers to ensure customer satisfaction globally, and domestically. The program is aimed to backup and heighten the service process for The Home Depot stores, deliver efficiencies to our Suppliers, enhance accountability, efficiency and effectiveness, ensuring a superior shopping experience to The Home Depot customers (The Home Depot, 2013). The business also offers a well-designed Internet site that emphasizes supplier collaboration. The New Supplier Toolbox designs create successful partnerships without complicated rerouting and puzzling forms. The material of Home Depot customers differ from needing insecticides to attaining enough drywall supplied to complete the inside of an entire home. The Home Depot also offers an innovative easy to use Internet site that highlights supplier teamwork. Even pricing and SKU number changes have clear procedures to follow ensuring The Home Depot and its partners interconnect. Looking up products is as easy as ever by simply entering the SKU number and selecting from a pictured list of products matching that numbe r. Revenue and Profit Maximization Understanding what the customer perceives as value is important. A company like Home Depot needs to review its services to maintain and develop a customer base. Adjustments in trends in the market because of economic factors or to the point that they current established practice of services does not meet the customer’s demands. The domestic outlook of expectations on procurement policies and procedures explains Home Depots Annual report. At one time, Home Depot set up design centers for kitchens and baths. These design centers are set as a service to the customer who would have embed Home Depot products into the designs of each customer’s home. Home Depot has altered its procurement strategies and purchasing measures. The business set up design examples of kitchen and bathroom designs. These design examples are set as a design service and example to the consumers who install Home Depot merchandise in the plans of his or her home remodel, renovation, or design. This strategy did not increase the production at each  store, as many consumers would take ideas from the example designs completed at the Home Depot and acquire similar merchandise from other stores like the Internet or other home improvement retailers. The procurement policy has changed to include higher product lines like Thomasville furniture and RIDGID tools known high-end items in the furniture and professional grade tools industry. In addition, Home Depot has collaborated with Martha Stewart Living offering a select brand of home improvement merchandise in certain types like paint, outdoor living, and home organization merchandise from Martha Stewart Living (Home Depot, 2013). By modifying strategies from internal industries such as example design stations that drive merchandise, the emphasis should be retaining the consumer through purchasing Home Depot’s products and guaranteeing that products remain available. Home Depot has changed their strategy and policy of purchasing to reflect the changes in the domestic market. Given is an outcome to raise demand for a service, fluctuating the demand curve to the right. By adding features to the provision or constructing it quicker or more dependable, Home Depot can lessen production outlays, shifting the supply curve to the right. Marginal Factors It is important to understand what patterns arise from the local markets when operating from a global perspective. Sourcing local markets is a serious link a company like Home Depot can establish. Setting a strategy for domestic sourcing creates a rooted market existence. From a global outlook, Home Depot preserves a global sourcing merchandise program. Home Depot maintains a global tracking merchandise database to source superior products straight from manufacturers all over the world (The Home Depot, 2013). Their merchant team recognizes and buys high demand advanced products directly for its various store locations. Moreover, Home Depot has sourcing headquarters located in China, India, Italy, Mexico, and Canada (The Home Depot, 2013). Revenue is maximized when Marginal Revenue equals Marginal Cost. To use it, a business needs to know how much it costs to produce one more unit of a service. By setting this global sourcing strategy, the anticipation for Home Depot is that it will understand what sells in a domestic market and sourcing from that specific area. Local connections and pricing will support Home Depot’s objective of global increase since the consumer base will  recognize local merchandise lines and supplies. A local area network can understand specific needs of that area. For example if a country like India has monsoon rains and winds the local office in India can understand the trends and seasons. Home Depot has developed these regional offices to understand the flow of goods to support its local customer base (The Home Depot, 2013). Moreover, having recognition in the local area can also respond to difficulties for that area. Pricing Home Depot’s procurement process summaries the business’s supplier facts inside the reference manual. This manual offers definite data to guarantee effective collaboration and partnerships. The ordering cycle for Home Depot’s consists of electronic data exchange needs, delivery statistics, buying order approaches, store environment settings, engineering superiority, customs compliance, and shipping restraints. Figure 1: The Home Depot Ordering Cycle Diagram Distribution statistics include product and packaging characteristics, freight requirements, and product flows (Amadeo, 2014). The Home Depot outlines distribution necessities to limit misperception and quandaries upon entrance. The data describes where product distributions should be contingent on point of foundation, creation, and final distribution. The final requirements of The Home Depot supplier reference manual include customs compliance and transportation. The Home Depot outlines how suppliers need to handle international imports or exports, from having the appropriate documentation to sufficient packaging and security. Home Depot summarizes how suppliers must handle worldwide imports or exports, from having the correct documentation to adequate packaging and security. Pricing strategies involve movement along the demand curve (Amadeo, 2014). In a marketplace with high price elasticity of demand, like a monopolistic competitive market, a small decrease in cost will have a huge influence on demand (Amadeo, 2014). Non-pricing strategies shifting the demand curve to the right include TV advertisements. This is a joint strategy in markets with low price elasticity of demand, such as oligopolies. Selecting a mixture of strategies having the greatest effect on demand in the business’s industry  may be best. Barriers and the Service Patents or lobbying for increased industry regulation, or making service expensive while entering the industry by selling a service that requires specialized tools in a workforce like Home Depot is a definite barrier entry. Money back guarantee is another option for dissatisfied service or products within product and service differentiation. Labor cost is reduced by capital. Operating Home Depot’s organization demands for the uppermost levels of merchandise excellence, modernization, obtainability, on-time delivery, security in fabrication and delivery, compliance with regulations and codes of conduct, and compassion to product reputation (The Home Depot, 2013). This is a major influence to the procurement strategy, policies, and procedures. The supply chain streamlines many global and domestic opportunities, product and service outsourcing and is a cognizant to personnel support. The selection of products, analyzing, sourcing approaches, freight and import cost, export, shipping, import details, contracts information and processes broaden potential business movement controlled by procurement decisions and influences of policies. Some enforce policies and potentially bring forth benefit, or substantial reasons for internal and external sourcing strategies to create innovative advantage in organizations procedures and decides building and buying solutions. Home Depot faces challenges to unify and coordinate our operations and supply chain from customer to supplier. Challenges involve reducing inventory levels, improving communication between trading partners and changing customer demands, reducing the time from order to arrival of a product, and reducing cost. Contractor Sales/Comparative Advantage Transactions in all Home Depot stores continues to rise. This is a strong indication that homeowners simply can invest more into maintenance and home improvement projects. Usually, contractor sales, which account for a significant percent of Home Depot’s business, continue to fall short. Competition for contractor business is aggressive. Top contenders in this market, like Lowe’s, has attuned their strategies to allow local store  managers to deliver contractor markdowns without corporate consent. Projected Outcome Expanding e-commerce services with Home Depot provides customers greater access to the products and services deepening the guarantee to improve every resource to generate an effective competitive gain. A solid foundation in the expansion to include contractor sales, web-based imaging solution software, and the Home Depot Foundation community outreach program would benefit the company immensely. Home Depot understands their greatest competitive advantage originates within the organization through the Home Depot associates. By removing department silos and creating cross-functional areas within the organization the associates at Home Depot work together to improving the business through creative innovative ways to improve customer service. Recommendations Home Depot’s supply chain value, management, vision or goals and development priorities should focus upon particular objectives in the next 2-year period. Home Depot’s strength to the projected supply chain strategy is the use of e-business and e-commerce processes that enables all information available to the supply chain. Home Depot’s weakness is within the launch of super store concepts ability to suffer postponement. Adding feature late in the process to make products and services grand from data obtained after more accurate or detailed research. Home Depot is creating a tactical decision support tool to assist in managing new projects in addition to the supply chain changes for nonprofit organizations to rebuild homes and contracts for retailed products. Home Depot’s demanding forecast is about control, improvement and deviating through customer demands not supply chain inventory management issues. Most important as technology becomes more innovative, IT strings business technology. Conclusion Home Depot’s business demands for the utmost levels of merchandise excellence, revolution, obtainability, timely shipping, protection in fabrication and delivery, compliance with rules and regulations, and understanding of brand and its reputation is a major impact to the customer service strategy and improvement to merchandise, policies, and techniques.  The supply chain modernizes many global and domestic occasions, merchandise and service outsourcing and is a familiarity to worker support. The variety of merchandise, examining, sourcing methods, merchandise and import price, distribute, delivery, import information, contracts statistics, and procedures broaden probable business measures controlled by procurement decisions and influences of policies. The affiliation with many state and federal laws restricts and offer different business treatment and regulations. Some impose policies and theoretically bring forth profit or considerable motives for internal and external sourcing strategies to generate state-of-the-art influence in organizational processes and chooses building and buying solutions. References Kimberly Amadeo. (2014). What Is the Business Cycle? Retrieved from: http://useconomy.about.com/od/glossary/g/business_cycle.htm The Home Depot. (2013). Welcome to the Home Depot. Retrieved from: https://corporate.homedepot.com/Pages/default.aspx

The Eschatology Of John Wesley - 2000 Words

The Eschatology of John Wesley By Jeff Potter Eschatology, or the study of the end of all things, often becomes a central component of Christian theology regardless of the denomination. Perhaps this stems from the finite nature of our minds, our inability to truly understand an eternal future, forcing us to yearn for some kind of end point that we can wrap our minds around. Perhaps it stems from a fear of the unknown, a desire to know what lies beyond our present reality after our physical death. Perhaps it is both of these things as well as others swirling around in our minds grasping at cryptic truths as we attempt to rationalize our faith in the unseen. Whatever the reason, eschatology is an important aspect of the Christian faith often understood to be pointing to the ultimate goal of the faith. For John Wesley eschatology provides a lens for all theology and is a present realization of the Kingdom of God which is yet to fully come. Within the broad spectrum of Christian traditions, eschatology is generally un derstood to refer to a specific moment in the future, the eschaton, when this world ends and life-eternal begins. With that understanding come some generally agreed upon events such as the Second-Coming of Jesus Christ, a final battle between Christ and the devil, the end of this world, and a final destination of heaven for those who have found salvation in Christ. Beyond that there many variations amongst Christians including timeframes, order of events, and whatShow MoreRelatedThe Resurrection Of Jesus Christ1325 Words   |  6 Pagesthroughout the service. Easter is a celebration of the already and not-yet reality that began with Christ s resurrection. Again as Jones writes, â€Å"The already of eschatology is the present-tense reality that began with the life, death, and resurrection of Jesus Christ and continues right up to the present moment. The not-yet of eschatology is the future-tense reality of the kingdom come in fullness, viability and power.†2 Around this t ension of the already and not-yet reality the doctrine of theRead More Armageddon Essay4482 Words   |  18 Pagesstrong ties to the Christian tradition but also embraces the implications of modern discoveries. Suchocki and Moltmann represent two differing approaches to the fusion of cosmic and religious eschatology; their ideas are explored here. Jà ¼rgen Moltmann Jà ¼rgen Moltmann is best known for restoring eschatology to a prominent place within Christian theology. In the wake of nineteenth century optimism, the Christian hope of a new heavens and a new earth had been declared obsolete, as humanity wasRead MoreThe Resurrection Of Jesus : Focal Point Of Christianity1301 Words   |  6 PagesAmherst: Prometheus Books, 2005. Dodd, C.H., Apostolic Preaching and Its Developments: Three Lectures with an Appendix on Eschatology and History. Grand Rapids MI: Baker Books, 1982. Dunn, James D.G. Jesus and the Spirit: A Study of the Religious and Charismatic Experience of Jesus and the First Christians as Reflected in the New Testament. Eerdmans, 1997. Edwards, William D., Wesley J. Gabel, and Floyd E. Hosmer, â€Å"On the Physical Death of Jesus Christ,† Journal of the American Medical Association,Read MoreWilliam Seymour and the Pentecostal Movement2010 Words   |  9 PagesPentecostalism traces its foundations in mid-19th century, when it was still perceived as a reaction to social and theological displeasure, especially among the lower and middle class individuals (Espinosa 68). The proponents such as Albert Benjamin, John Alexander Dowie, and Albert Simpson tried to criticize the belief of godliness and accumulation wealth propagated by the mainline denomination (Alexander 57). However, this did not cause significant attention within Christian fraternity. In the 20thRead MoreJames s Martyrdom As A Verifiable Origin For Information1892 Words   |  8 Pagespneuma in place of soma. Flavius Josephus, a Jew and an inhabitant of Rome, labored under the support of the Flavians, authored the Antiquities of the Jews which includes a passage recognized as the Testimonium Flavianum. This passage references John the Baptist and Jesus as two sacred Jewish men. Most contemporary intellectuals consider the original manuscript rewritten by Christian authors. The text references the death and resurrection of Christ: â€Å"When Pilate, upon the accusation of the firstRead MoreWhat It Takes To Follow Jesus Christ2023 Words   |  9 Pagesis priceless. Verse 27 This verse concerns the end times. The Son of Man, shown in 16:13-15, is Jesus. He will come with his angels in God’s glory and will judge all. Hagner argues that this verse is used as a â€Å"motivation for ethics† concerning eschatology. Basically, along with giving one’s life to Christ and not letting the world be a temptation, a disciple should be aware of Christ’s return to judge everyone. R.T. France articulates a similar idea. â€Å"It is worth remaining faithful even to the loss