Moyou financial projection Essay Example | Topics and Well Written Essays - 750 words

Moyou financial projection - Essay Example The information is based on forecasts. Forecasting is used in estimating future performance of the business (Shim and Siegel 2007). It is useful in the financial planning process which entails assessing future financial needs. Investors use forecasting to value a company and determine its security. Pro forma statements show forecasts for periods ranging from 1-5 years. This report will assess the financial viability of MoYou by carrying out financial projections. The projections are based on the data obtained from the entrepreneur of the organization during an interview. According to the entrepreneur, annual sales add up to ?1 million. The Cost structure is as follows: The average cost is 3-5 USD per bundle unit. plate - 1$, nail polish 0.9$; Moyou is paying manufactures for labor according to their supply as mentioned above; variable- delivery and dispatch cost varies according to speed of delivery, and its range is from 0.3- 0.7 USD per unit. Service cost- Moyou customer service is based in Brent cross; fixed cost- ?900 per month, variable cost- ?150 per month, staff wages- ?2750 per month. Media and Public relations cost;  Exhibitions cost- ?750 annual and cost Marketing and brand development cost- ?2150 annual cost Income statement projections In the income statement forecast as shown in appendix 1 we assume: Sales grow at 10% annually Variable costs vary with the number of units sold All units produced are assumed to be sold Fixed costs remain constant throughout except the marketing, and product development costs Tax rate of 24% is to remain constant Marginal costing method has been used in projecting the income statement. Appendix INCOME STATEMENT FORECAST                2013 2014 2015 2016 2017 Number of units sold 100,000 110,000 121,000 133,100 146,410 sales 1,000,000 1,100,000 1,210,000 1,331,000 1,464,100 Less variable costs:    Variable service costs 1,800 1,980 2,178 2,396 2,635 variable delivery & dispatch costs 50,000 55,000 60,500 66,550 73,205 Direct labor costs:    Plate 90,000 99,000 108,900 119,790 131,769 Nail 100,000 110,000 121,000 133,100 146,410 Total Variable costs 241,800 265,980 292,578 321,836 354,019 Less overheads costs:    Fixed service costs 10,800 10,800 10,800 10,800 10,800 Staff wages 33,000 33,000 33,000 33,000 33,000 Media and Public relations:    Exhibitions costs 9,000 9,000 9,000 9,000 9,000 Marketing and brand development 25,800 28,380 31,218 34,340 37,774    78,600 81,180 84,018 87,140 90,574 Net Profit Before Tax 679,600 752,840 833,404 922,024 1,019,507 Tax @24% (163,104) (180,682) (200,017) (221,286) (244,682) Operating income 516,496 572,158 633,387 700,739 774,825                   The operating income is a projection of financing the company needs. Projected balance sheet BALANCE SHEET FORECAST                Fixed Assets 2013 2014 2015 2016 2017 Property, plant & Equipment 1,200,000 1,080,000 972,000 874,800 787,320       Current Assets    Inventories 300,500 301,500 301,500 301,500 301,500 Cash 500,000 730,658 600,000 650,000 730,000 Accounts receivables 215,996 150,000 450,887 524,439 557,905 Total Assets 2,216,496 2,262,158 2,324,387

Why We Root For Some Antagonist Portrayed in Film, Literature and Article

Why We Root For Some Antagonist Portrayed in Film, Literature and Television - Article Example Why we root for villains and antagonists is a manifestation of morbid curiosity. Most people want to know something they rarely knew about or just heard about in whispers such that the more you deny these villains and antagonists, the more people are attracted to them. It certainly defies logic why this is so but then again the human mind is really hard to fathom. The enduring attraction of Count Dracula attests to this unusual curiosity. Villains become the fodder of speculations and conjectures but more than that, there is the abiding yearning effort to know more just for the sake of knowing; it seems knowledge is its own reward. People go to great lengths to visit his old castle in Transylvania and spend plenty of dollars there. Psychologists and sociologists attribute this unhealthy and unwholesome fascination as sort of an unexpressed death wish. Yes, people can sometimes really have this unusual and inexplicable wish which they are not even aware of. This is why black films or film noire has made a comeback in Hollywood. This death wish is the exact opposite of the survival instinct but as to why people can have this trait, nobody knows exactly. Some posit the idea this is the form of sexual inversion, a pseudo-sexual attraction of an opposite (Ellis 288). There are many plausible reasons why we root for antagonists and villains despite how much we know about their bad or undesirable side. This can be due to their being authentic. Antagonists, whether in literature, film, television, and even in real life (such as Hitler) are the kinds of people who are true to themselves, no matter what the odds are against them. Society is against them and yet they still pursue their dreams, do what they want, or persist whatever it is that drives them even if public opinion is definitely against them. Perhaps there is a hidden sense of communal grief when people prefer the macabre over what is

Internet Banking Research Paper Example | Topics and Well Written Essays - 1000 words

Internet Banking - Research Paper Example As to the exposure to the internet is concerned almost all those who said they did have exposure to internet for over a year also said that they had internet banking exposure for over a year which is very welcome since most of the people who are on the internet seem to be more inclined towards using internet for this purpose. Most people (40%) felt that the internet banking enabled them to do their job quickly and only 20% felt that it does not help them do their job quickly. Others felt neither or did not comment. This indicates there is an overall speed increase in the process. This has also resulted in 40% of the people saying that their productivity has gone up and 45% said that their effectiveness in utilizing the services have gone up. The same is not the case with the utilization of banking services, which the respondents seem to feel is more towards disagreeing. 40% said the internet banking has NOT improved their services. Around 35% said they perceived an improvement in the service. Nearly 45% of the respondents also felt that it was not easy to use the internet banking facility. This implies that the sites are not really user friendly and the usability factor of the websites has to be analyzed. The overall banking usefulness as percei... The overall banking usefulness as perceived was checked and was found to be more in favor of yes as shown above. The number of people who perceived that the internet banking is not useful was just 15%. This implies that the overall reaction of the people is towards satisfactory internet banking. The above pie chart shows that there are also undecided people of almost 45% of the surveyed lot who could be turned positive with a little effort. Trust From the analysis of the survey results, it is found that the overall satisfaction levels in the case of trust is also in favor of the bank. However, some of the important questions in this regard, 'I feel trustworthy towards my bank' and 'Using internet banking is secure' has evoked a strong neutral stand from the respondents. This indicates that the majority of them are still in a dilemma as to use the internet banking or not to use it. This dilemma can easily be turned positive by suitable promotion and clarifications for the clients of the bank. Another interesting point to note is the fact that nearly 40% of the people have said they may not trust the bank with their private information. This possibly stems from the idea that the respondents might be getting from the bank that they are sharing their personal information with others merchants. But the overall trust in the bank has not diminished as per the figure below. There are more people who are saying they trust their bank without any holds. There is also 40% of people who say that they are neutral; not saying no but at the same time not saying yes either. This is a group that needs further analysis by the bank as to why this is happening and may be efforts to be taken to set this right. Perceived Ease

Marijuana Essay Example | Topics and Well Written Essays - 750 words - 3

Marijuana - Essay Example Marijuana is a drug made from the dried leaves and flowers of the hemp plant Cannabis Sativa (also known as Cannabis Indica). The drug is popularly used either by smoking it using a rolled tobacco paper or placing it in a pipe. However, it can also be eaten, drunk as tea or injected intravenously. The drug takes on many names from region specific - kif in Morocco, dagga in South Africa and bhang in India- to street trademarks such as pot, weed, grass and Mary Jane. It also comes in different potencies with Ganja three time more potent than the ordinarily prepared marijuana and hashish five times more. The active ingredient pf the drug is called Delta-9- tetrahydrocannabinol- the effects of which are characteristic of depressant drugs (Onaivi, 1990). The "illegal drug" label of marijuana did not come along because people just wanted to label it as such. Rather, it was caused by the many observed effects it had on its patients. Physically, marijuana was observed to have the following effects: dry mouth nausea, headache, nystagmus, tremor, decreased coordination, increased heart rate, altered pulmonary status, altered body temperature, reduced muscle strength, decreased cerebral blood flow and increased food consumption. The observed neuropsychotic effects of marijuana were: anxiety and panic, paranoia, confusion, aggressiveness, hallucinations, sedation, altered libido, possible suicidal ideation, depersonalization, derealization, poor sense of time, worsened short-term memory, addictive behaviors and amotivational syndrome. ( Losken et al, 1996); (Schuckit, 1989); (Hubbard et al, 1993); (Smart et al, 1982); (Nahas, 1977); (Benowitz; 1975) If marijuana use is made legal and available over the counter, you are actually exposing the general public to an avoidable harm. The studies have shown that marijuana has indeed detrimental and addicting properties. Why then would you pursue the legalization of a drug that you know, for certain, is dangerous Legalizing it would be an irresponsible act since you are actually making a dangerous drug accessible to individuals, some of whom who are actually incapable of discerning their acts and are reckless in their behavior. For sure, marijuana has medicinal properties such as euphoria, relaxation, sexual arousal and heightened sensations. But these benefits come with a heavy price. There are other drugs available in the market that can provide these medications minus the negative effects of marijuana. Legalizing marijuana because of these flimsy reasons is like acknowledging that some illegal drugs have medicinal benefits and can therefore be also legalized. It might be said that these effects are also exhibited by other regulated products such as alcohol. The question that now comes to mind is - "Why prohibit marijuana when all along other products, such as alcohol, with the same or even greater health risks are made legally available The answer lies in the general psyche of the public. Alcohol is deeply embedded in tradition and has been historically used for festivities or personal use. That is, it has already been accepted by the general public as an acceptable "drug". The problem with marijuana is that it is associated with drugs such as methamphetamine hydrochloride and cocaine. The association is not unfounded since the effects are not that far from other illegal drugs. Furthermore, marijuana has been proven to serve as a "gateway" to

Management of Business System Research Paper Example | Topics and Well Written Essays - 1750 words

Management of Business System - Research Paper Example Thus an optimal product mix consisting of only D, E, F, H, I, J, K, O, P, R has been proposed. Other products can be discontinued. Modular process design and business process management system are recommended to implement along with this revised optimal product mix. This affords flexibility and enhances the capability to handle competition. Grouping of similar products and their standardised production, while maintaining separate production lines for specialised products, is advised as specific standardisation steps. First the proposed product mix of ten items may be tested for a reasonable period, evaluated including demand fluctuations, competition and market share information. Thus a more detailed Pareto analysis can be done. The limitation of the present study is due to the available data lacking in these respects. When a company produces and sells many items, some items may fetch large incomes and some others small incomes. These incomes are related to sale price and sale volume of each product. The company is interested in maximising its total sale income with least cost, so that profit can be maximised. Reducing product mix is one way. In this paper, a situation pertaining to Chelwood Country Products is evaluated for these possibilities. Green & Krieger (1992) used Pareto analysis, sensitivity analysis, optimal product positioning, line extension, segment-based addition and response of competitors. The data provided in the case of Chelwood are not enough for such detailed study. Ordover & Panzar (1980) showed that when user demands are independent, a uniform price higher than marginal cost can be Pareto non-linear outlay schedule. When users compete for products, their demands are inter-related. Then Pareto improvement is not possible. This aspect is not known in the case of Chelwood. We may assume independent user demands. Dudek-Burlikowska & Szewieczek (2007) proposed quality research methods for estimation of sales process with Pareto analysis, Ishikawa diagram and process analysis. Process management approach is to be used in our study when better options are

Key Transformation for Deckers Outdoor Corporation Research Paper

Key Transformation for Deckers Outdoor Corporation - Research Paper Example According to the model, structure refers to an arrangement of functions, responsibilities of those working in an organization, those authorities represented in the organization, as well as communication that assist the organization to attain it goals and strategy. Identification of DOC structure will aid in comprehending the variables highlighted above. Deckers utilize a decentralized structure for its management. In this method of management, the top management delegates the key responsibilities of the organization to the middle managers, who in turn direct the workforce on what they ought to do. It is, therefore, evident that the top management spends much of their time in developing useful ideas that would propel the company to attain success (Burke & Litwin, 1992).At Deckers, the application of the decentralization principle has significantly assisted it in various ways. As this structure allows the employees involvement in decision making for the organization, it makes them feel empowered unlike in a centralized management system. These employees attain satisfaction after seeing their ideas being implemented for the growth of the organization. Moreover, decentralization relieves the owner of DOC from pressures that emanate from managing the operations of an organization solely. After the delegation of such duties to other individuals in the organization, the owner of DOC spends adequate time in devising strategies to utilize in the expansion of the business (Burke & Litwin, 1992).

Diminishing Returns Essay Example | Topics and Well Written Essays - 750 words

Diminishing Returns - Essay Example This article is a write up about how the law of diminishing returns has affected the popularity and profitability of the social media. The write up focuses on the idea of applications and advertisements on the social media sites having been stretched too far. Facebook is undoubtedly the most popular social media website operating in the present world. Apart from Facebook, other common social media sites are Instagram, Tumblr, Twitter, SnapChat and Tinder. Facebook is widely used and is an active medium of advertisement by businesses. However, the number of users of Facebook seems to have reached a stagnation level. The overuse of applications and third party advertisements seems to have clouded the interests of the Facebook users. The law of diminishing returns can be applied to the stagnant user profiles of Facebook through the evaluation that the increase in the number of advertisements have led to a decrease in the interests of the avid users of Facebook. The law of diminishing re turns is applicable for Facebook and other social media sites as well because the use of extensive applications have created the need for Facebook and other social media sites to make their active users become more interested to use the platforms of these sites (Gerber, 2014). The social media sites try to attract the attention of their users to different businesses through the advertisements in the sites. However, Facebook and other social media sites can be identified to have missed the consideration of the customer cognition levels.