Managerial Analysis free essay sample

BYP6-2 For nearly 20 years Custom Coatings has provided painting and galvanizing services for manufacturers in its region. Manufacturers of various metal products have relied on the quality and quick turnaround time provided by Custom Coatings and its 20 skilled employees. During the last year, as a result of a sharp upturn in the economy, the company’s sales have increased by 30% relative to the previous year. The company has not been able to increase its capacity fast enough, so Custom Coatings has had to turn work away because it cannot keep up with customer requests. Top management is considering the purchase of a sophisticated robotic painting booth. The booth would represent a considerable move in the direction of automation versus manual labor. If Custom Coatings purchases the booth, it would most likely lay off 15 of its skilled painters. To analyze the decision, the company compiled production information from the most recent year and then prepared a parallel compilation assuming that the company would purchase the new equipment and lay off the workers. We will write a custom essay sample on Managerial Analysis or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Those data are shown below. As you can see, the company projects that during the last year it would have been far more profitable if it had used the automated approach. Current Approach Automated Approach Sales $2,000,000 $2,000,000 Variable costs 1,200,000 400,000 Contribution margin 800,000 1,600,000 Fixed costs 200,000 600,000 Net income $ 600,000 $1,000,000 Instructions (a) Compute and interpret the contribution margin ratio under each approach. Analie (b) Compute the break-even point in sales dollars under each approach. Discuss the implications of your findings. (c) Using the current level of sales, compute the margin of safety ratio under each approach and interpret your findings. (d) Determine the degree of operating leverage for each approach at current sales levels. How much would the company’s net income decline under each approach with a 10% decline in sales? (e) At what level of sales would the company’s net income be the same under eitherEloise Day approach? (f) Discuss the issues that the company must consider in making this decision. Eloise Day

Oh my God, anything but rain, I whispered into the night air that suddenly turned cold Essay Example For Students

Oh my God, anything but rain, I whispered into the night air that suddenly turned cold Essay Oh my God, anything but rain, I whispered into the night air that suddenly turned cold. Although I knew that my prayers wouldn`t be heard I had to try, but the sound of thunder, that somehow resembled a laugh, turned my dim hope into pieces. I carefully looked around, looking for anything that could be used as a cover from rain but found nothing but a few old garbage bags right behind me à ¢Ã¢â€š ¬Ã¢â‚¬Å" still they were better than nothing. I decided not to leave my place, so I wound my leg around them and then slowly pulled them towards me. Then I had to place them around my head so the aim would be left dry. Suddenly, a bolt of lightning struck the roof nearby. The power of impact was so great that I found the roof under my body trembling. Then another lightning followed and then another, blinding me and leaving almost unconscious by the realization that my life could be ended by any of them for the roof I was lying on was one of the highest ones. When I could finally open my eyes, the door I was aiming at was still closed. After few minutes, I guess, I lost the scence of time. The monotonous trembling of the roof with bolts of lightning flying above my head and illuminating the black clouds that filled the sky, threw me completely off the balance. Any other time in situation like his I would flee but not tonight. Tonight I was someone else à ¢Ã¢â€š ¬Ã¢â‚¬Å" with heart made of stone and blood running so cold that it could turn to ice. Tonight the term of time lost its meaning for me and long hours were passing without any notice from my side. I was aiming the doorà ¢Ã¢â€š ¬Ã‚ ¦ I wasn`t sure why the spell was broken but something had returned my mind back to myself. Only now I realized that I stopped shivering long ago because the body was too cold to shiver. Hunger began corroding me from inside overwhelming and consuming my courage. I released the trigger and after few minutes when my hand could work again I took out the bread, which somehow had managed to escape the water that seemed to get everywhere, and a bottle of brandy from my backpack. Then I hungrily applied both to my mouth and returned back to the aim just in time to see the door getting opened. The man closed the door behind him and a smile appeared on his face. He looked happy now, away from rain. His clothes were wet and he looked weary but he was definitely happy. At first I hesitated, but the memories about all those whom he killed the same way I was going to kill him returned my control. My aim got right in the middle of his face à ¢Ã¢â€š ¬Ã¢â‚¬Å" the 100% deadly shot. I pressed the trigger at the very same moment he gazed in the window probably feeling  my presence. Then I packed up. I got into my car downstairs and went home. When I got there, I hid my rifle in the garage and entered my home. A smile appeared on my face à ¢Ã¢â€š ¬Ã¢â‚¬Å" it felt so good to be out of the rain. Then I looked in the window. The sound of broken glass filled the room a second before I saw my death lying on the opposite roof aiming in the middle of my face à ¢Ã¢â€š ¬Ã¢â‚¬Å" the 100% deadly shotà ¢Ã¢â€š ¬

The New York City Ballet Essays - Ballet Choreographers,

The New York City Ballet THE NEW YORK CITY BALLET Ballet, what exactly is ballet your probably wondering? well ballet is a classical dance form characterized by grace and precision of movement and elaborate formal technique, often but not always performed on point by the women dancers. Lincoln Kirstein, a very wealth man, founded the New York City Ballet in 1933 as the American Ballet. He imported George Balanchine to New York that year for the purpose of having an American school company in the best Russian tradition. The choreographer was, of course, Russian-Parisian, and his point of view and style was mainly European, as was the entire teaching staff, but the performing personnel was local, and it hoped that under the director of the master, native choreographers and teachers would in time develop. After three years, the company suspended operations. A splinter group, Ballet Caravan directed by Kirstein himself, kept the flame going. It was this group that produced Billy and the Kid (Loring, Copland, Jared French), the first real American Masterpiece and it was this group that progressed the development of Michael Kidd, William Dollar, Lew Christensen, and Ruthanna Boris. Even though the ballet company was not making any progress for eleven years, the American Ballet School never closed there doors and has trained a generation of eligible dancers. In 1947, after twelve-year hibernation, Kirstein revived the performing company with Balanchine again in charge. It had been posted in all trade schools (no theaters were then regularly available for dance companies) and after a two-year move to the New York City Center Theater. In the following decade, it became one of the leading ballet companies in the world. It is however, entirely under the power of Balanchine and all comes down to his personality and style. The addition of Jerome Robbins in 1949 as co-director somewhat expanded the horizon of the New York City Ballet. The company has toured Europe, Russia, and Orient. It is building up a lot of financial security and has very bright plans in the future. It has also acquired the largest, the most faithful, intelligent, and enthusiastic audience in the American theater world. This is a quote from Agnes De Mille ?When you perform?you are out of yourself ?larger and more potent, more beautiful. You are for minutes heroic. This is power. This is glory on earth. And it is yours nightly?. Theater

The Crucible and McCarthy Trials essays

The Crucible and McCarthy Trials essays The Crucible, essentially an allegory, uses the 1692 Salem witchcraft trials to symbolize the 1950s anti-Communist purges (Bloom). Arthur Millers Crucible was first presented in New York on January 22, 1953, when Senator Joeseph McCarthys House Committee on Un-American Activities was casting a pall over the arts in America (Masterplots). Senator Joseph McCarthy accused many American leaders of being communists, which lead to many unfounded accusations that others were also communists. McCarthy was, in effect, conducting witch hunts (Bellmore). If you opposed to the Salem Witch trials, you were accused of being a witch. If you opposed the McCarthy investigations, you were accused of being a communist. Those accused suffered great consequences in both the Crucible and the McCarthy trials. Millers theme is the politics of fear and the persecution of dissidents. The victims in the Crucible and the McCarthy trials have many similar aspects. The accused were not fairly tried and were convicted on limited evidence. During the witch trials the girls would point at someone they disliked, and accuse them of practicing witchcraft. It did not matter whether they were innocent or guilty, since they were accused, they would be convicted. Peoples lives were ruined because they refused to confess when someone claimed they had seen their name in the devils book. Others confessed and then accused others in order to save themselves, such as Abigail: I wrote in his book; I go back to Jesus; I kiss His hand. She began accusing others by saying: I saw Sarah Good with the Devil! I saw Goody Osburn with the Devil! I saw Bridget Bishop with the Devil! (48). Goode Good and Goode Osborn in the Crucible were accused only because they were poor beggars and less fortunate. Others, such as John Proctor, Goode Nurse, Elizabeth Proctor, and Giles Corey were convi cted because others were ...

Negative Letter (Health-Insurance) Personal Statement

Negative Letter (Health-Insurance) - Personal Statement Example Catherine's is included in a different HMO plan. Since St. Catherine is not covered by your current HMO coverage, the company will not be able to reimburse the costs from your surgery. In the future, you may switch your coverage to one of the plans that includes St. Catherine's Hospital during the next open enrollment period, but past surgeries can not be covered. If you are concerned about covering your current surgery balance, you may want to contact our local credit union since it is offering excellent rates on short-term loans. The company has referred previous debt management situations with the local credit union and patrons have reported a high success and satisfaction rate. The head of accounting and payroll, Joan Bean, is capable of assisting you with debt management. Her e-mail address is Jbean@company.net and she can assist you in choosing an option that will best fit your financial concerns. I will inform her of the situation so that she may have some options available upon your request. Each of the Company's selected HMO packages offers excellent coverage to specified locations and medical professionals. If you have any specific questions regarding your benefits package, please don't hesitate to contact me. I can provide you with another welcome packet that outlines the specific benefits and locations offered by your selected HMO provider.

Differentiate between the different types of cryptographic algorithms Essay

Differentiate between the different types of cryptographic algorithms - Essay Example These are secret key cryptography, public key cryptography and hash functions (Schneier, 2007). First, secret key algorithms are also known as symmetric key algorithms. The major feature of symmetric algorithms is the single key for encryption and decryption. This means that, the sender of the information uses a particular key to encrypt the plain text to cipher text sent to the receiver. After receiving information in the form of cipher text, the recipient uses the same key to decrypt the received message (Kessler, 2014). The single key used must be known to both sender and receiver of the message only. Therefore, the message sent is secret and only accessible by either sender or receiver. The second cryptographic algorithms are the public key cryptography. It is also known as asymmetric key cryptography. Public key cryptography involves two related keys although knowledge of one key cannot be used in determining the other key. The sender of the message uses one key to encrypt the plain text while the receiver uses another different key to decrypt the message. The public key can be revealed publicly while only the message owner uses the private key (Kessler, 2014). Lastly, in Hash functions, a computed based hash value of a fixed length is used upon a plain text making it secure and unrecoverable. In most cases, harsh algorithms provide a â€Å"digital fingerprint† of files to ensure that no alteration occur on the file. In addition, hash functions are used to encrypt passwords in many operating systems (Schneier,

Current issue in global business Essay Example | Topics and Well Written Essays - 750 words

Current issue in global business - Essay Example In 2008, one of the most severe financial crises since the Great Depression struck. Banks had been lending money recklessly for several years and this led to a serious asset bubble. To make things worse, many of the people who borrowed money were completely unable to pay off their debts as they became due. Banks and businesses collapsed. Millions of people were laid off. Credit dried up, making it very hard to borrow money and allow companies to begin the rebuilding process. Throughout these problems, corporate taxes remained high in most developed countries. In Canada, they were reduced somewhat, with an eye towards encouraging business opportunities (Vieira). Elsewhere, however, they remain high and continue to limit the amount of jobs that can be created and the economic re-bound that is desperately required to restore western economies to a level comparable to pre-2008. This is an issue for everyone who cares about global stability and economic growth. The backbone of our economi es are our corporations, be they small family-owned businesses are huge multi-national companies. We need to work hard to create environments in which they can thrive and hire employees. There are those who would wish to raise corporate tax rates and effectively stifle growth. ... They wish to see Ireland's advantage wiped out completely. Ireland has been forced to accept a massive bailout from the EU and so far has managed to keep its tax rate, a point of national pride, but only after great duress was brought to bear on its government by countries such as France, which have a high corporate tax rate and don't like Ireland's competitive tax advantage (EU Business). When countries squabble like this, it is businesses that lose out. This kind of instability is anathema to good business. They have a very difficult time planning long-term when they are not sure what the tax rate will be a few years down the line. Stability is key in these kinds of situations. Some say that lowering corporate tax rates is the wrong policy. It involves giving extra cash to those who need it less. They suggest it makes more sense to give money to education programs and needy families. But they miss the point. Lowering corporate taxes jump-starts business. It allows companies to hire more people. Businesses form the cornerstone of the economy. We should not punish them with high taxes. Of all countries in the world, it is most surprising to learn that the United States has one of the highest tax rates in the world. Despite the fact that it is often seen as a champion of business, it makes life very difficult for them. Even Republicans see fit to attack business when they talk about putatively lowering taxes. A recent article discusses the opinion of Eric Cantor, the majority Republican leader in the House: As a first step toward that wider overhaul, Mr. Cantor said he supports allowing U.S. multinational corporations to bring nearly $1.2 trillion in profits derived from foreign operations onshore at a temporary lower tax rate, in a bid to