Expert answer:fixing a paper for me
Answer & Explanation:20150919085328advaced_shoes.docx Simulation Reports.docx sample
20150919085328advaced_shoes.docx
simulation_reports.docx
Unformatted Attachment Preview
Running Head: SUMMARY
Summary
Name
Institution
Course
Instructor
Date
SUMMARY
2
Shoe production is one of the leading industries whose demand for her products cuts
across the globe. In addition to this, the demand of shoe products keeps on increasing. The report
and benchmarking data titled, “Plant Operations Report” for year 14 provides us with a thorough
rundown of all the plant operating statistics such as the plant capacity, plant investment, labor
statistics, production statistics, branded production costs, warehouse operations, cost of branded
pairs sold, warehouse operating expenses, inventory clearance, market expenses, administrative
expenses, production shipping, revenues, consolidated income statement, internet market
performance, wholesale market performance, and lastly is a report on balance sheet and cash
flow.
It is quite evident from the report given to us that Advanced Shoes has plants in North
America, Asian Pacific, and Latin America. For year 14, the total capacity of Advanced shoes in
all her plants were 6,200 pairs. In terms of Plant investment, advanced shoes had a total of
207,224 net investments from all her Plants after being combined. On the other hand, the overal
production statistics for year 14 were as follows, branded net footwear production was 4,585
which was 6.4% and p-label was 369 an accumulation of 6.1%. Similarly, the overal branded
production cost was $119,352 which translated to $26.03 per pair. It is worth noting that the
overal cost of branded pairs that were sold in year 14 was $137,756 translating to $29.98 per
pair.
Furthermore, the overal warehouse operating expenses for year 14 was $17,932 which is
equivalent to $3.90 per share. In terms of marketing expenses, the overal for year 14 was $6,196
for the internet segments and $27,485 for wholesale segments. The overal administrative expense
incurred in the year 14 was $9,273. A closer look at her profitability and payout, advanced shoes
had $1.88 earnings per share in the year 2014. Furthermore, the total asset owned by Advanced
SUMMARY
3
shoes in year 14 was worth $271,561 while her total liabilities were $40,356 and on the other
hand, the shareholder equity was $231,205. Lastly, the total cash available from all sources was
$268,705(http://www.homeworkmarket.com/sites/default/files/qx/15/09/23/07/20150917225240
untitled_document_1.pdf)
4
SUMMARY
Reference
http://www.homeworkmarket.com/sites/default/files/qx/15/09/23/07/20150917225240untitled_d
ocument_1.pdf
CEO
The mission of Knockout Shoes is to be recognized as a socially responsible company providing high
quality shoes for the North American and Latin American markets.
The overall strategy of Knockout Shoes is focused differentiation while addressing socially responsible
business practices. The decisions by operations, financing, and marketing support this strategy because
we have limited all production to North America and Latin American. We have limited sales to
Wholesale and Internet sales in North America and Latin America. We have purchased the contracts of
Ophrah Beyonse, Tiger Green, and Jose Montana. We have engaged in green manufacturing practices.
We have limited the number of models sold. We use high-quality materials in the manufacturing
process. We have provided sufficient capital to sustain operations. We have provided a return to
stockholders and to society.
VPO
We produce all of our shoes in North America and Latin America because this allows for better control
over the manufacturing process and reduces the cost to ship shoes to the two target markets. We
limited our models to 50 to maintain better control over the manufacturing process and to limit the
costs for styling. We have set our superior material usage rate at 80% to ensure a high quality shoe. We
use green materials. We have set the enhanced styling features to $20,000 per model to support the
production of a shoe that is perceived to be high quality. We have invested in energy efficiency. We use
recycled boxing materials. Our entire workforce has received ethics training, and we have a diverse
workforce. We spend $2,000 per worker on Best Practices Training.
VPM
We have set our wholesale price at $60 and our internet price at $85 because the shoes are high quality
shoes. We sell only in North America and Latin America. We do not allow internet sales outside of
North America and Latin America. We have contracted with Ophrah Beyonse, Tiger Green, and Jose
Montana because these three have the best celebrity appeal scores for our two markets. We do not
provide for private label production because it does not support our strategy of focused differentiation.
We have set our advertising budget at $10,000,000. We offer a $3 rebate as part of our advertising
strategy. We are able to provide delivery within 1 week because most of our shoes are manufactured in
the country in which they are sold. We have few shipments between North America and Latin America.
VPF
We have issued 100,000 shares of stock and secured a 10-year bank loan of $8,000,000 to finance
operations. We declared a dividend of $.15 to provide a return to stockholders. We have plans to
ensure that ROE is at least 15% per year. We have plans to ensure that our cost of pairs sold is no more
than 53%. We have plans to ensure that our default risk is no more than Medium. We have committed
3% of pre-tax profits for charitable contributions.
…
Purchase answer to see full
attachment
How it works
- Paste your instructions in the instructions box. You can also attach an instructions file
- Select the writer category, deadline, education level and review the instructions
- Make a payment for the order to be assignment to a writer
- Download the paper after the writer uploads it
Will the writer plagiarize my essay?
You will get a plagiarism-free paper and you can get an originality report upon request.
Is this service safe?
All the personal information is confidential and we have 100% safe payment methods. We also guarantee good grades