StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Victoria Kite Company - Essay Example

Comments (0) Cite this document
Summary
More intense rivalry among competitors, technological innovation, and the rapid integration of markets to become a single global village primarily spurred developments in the operations of business organizations. These factors created multi-faceted changes in the different functional areas of companies especially in the way they manufacture the products and commodities they offer to customers.
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.2% of users find it useful
Victoria Kite Company
Read TextPreview

Extract of sample "Victoria Kite Company"

Download file to see previous pages Total collections $47200 $66100 $51500
January February March
Schedule c: Purchases Budget
Desired ending inventory $0 $0 $0
Cost of goods sold $20950 $37500 $19000
Total needed $60000 $37500 $19000
Beginning inventory $39050 $0 $0
Purchases $20950 $37500 $19000
Schedule d: Disbursements
for Purchases
100% of previous month's purchases $23050 $20950 $37500
March 31 accounts payable $19000
Financial Statements
Exhibit I
VICTORIA KITE
Budgeted Statement of Cash Receipts and Disbursements
For the Three Months Ending March 31, 2005
January February March

Cash balance, beginning $5000 $5000 $10850
Minimum cash balance desired $5000 $5000 $5000
(a) Available cash balance $0 $0 $5850

Cash receipts and disbursements:
Collections from customers
(Schedule b) $47200 $66100 $51500
Payments for merchandise
(Schedule c) $35550 $37500 $19000

Rent $8050 $250 $250
Wages and salaries $15000 $15000 $15000
Miscellaneous expenses $2500 $2500 $2500

Dividends $1500 $0 $0
Purchase of fixtures $0 $0 $3000
(b) Net cash receipts & disbursements ($154000) $10850 $11750
Excess (deficiency) of cash before
financing (a + b) ($15400) $10850 $17600
Financing:
Borrowing, at beginning of period $15400 $0 $0
Repayment, at end of period $0 $0 $15400
Interest, 10% per annum $0 $0 $385

(c) Total cash increase (decrease) $15400 $0 ($15785)
from financing

(d) Cash balance, end (beginning
balance + c + b) $5000 $10850 $7665
Exhibit II
VICTORIA KITE
Budgeted Income Statement
For the Three Months Ending March 31, 2005
Sales (Schedule a) $175000

Cost of goods sold (Schedule...
Thus, the JIT philosophy is an elimination of non-value adding activities in the company's supply chain to boost manufacturing efficiency, driving down cost, and ensuring maximum customer satisfaction by driving down prices of commodities.
This report will look at the feasibility and compatibility of this system to the company's current operations. Since these factors can be best measured quantitatively, this report will present a master budget utilizing the company's assumptions. Part 1 will provide the schedule of Victoria Kite's sales budget, cash collections, purchases budget and disbursements. The next part looks at the impacts of JIT to the company's financial performance by providing a pro-forma income statement, cash flow, and balance sheet for the first quarter of 2005.
The financial statements presented in Exhibits 1-3 shows that JIT will bring in profits and incremental shareholder ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Victoria Kite Company Essay Example | Topics and Well Written Essays - 1750 words”, n.d.)
Victoria Kite Company Essay Example | Topics and Well Written Essays - 1750 words. Retrieved from https://studentshare.org/miscellaneous/1533076-victoria-kite-company
(Victoria Kite Company Essay Example | Topics and Well Written Essays - 1750 Words)
Victoria Kite Company Essay Example | Topics and Well Written Essays - 1750 Words. https://studentshare.org/miscellaneous/1533076-victoria-kite-company.
“Victoria Kite Company Essay Example | Topics and Well Written Essays - 1750 Words”, n.d. https://studentshare.org/miscellaneous/1533076-victoria-kite-company.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Victoria Kite Company

Queen Victoria

...?Queen Victoria Order No. 515470 Introduction Distinguished Historian and of ‘Queen Victoria,” Walter Arnstein, sheds light on the life and times of Britain’s longest reigning monarch in an insightful and scintillating book that is so fascinating, considering it is "more than one hundred years after her death, her personality continues to fascinate." (Walter Arnstein, 2005) It stands out as a pioneering example because it is considered to be the first royal biography that was written by a professional historian. In this essay we are attempting to understand what Arnstein wrote on the importance of the Victorian reign and how it holds much significance even today. Arnstein sheds light on the time Princess Victoria ascended the throne...
5 Pages(1250 words)Essay

Queen Victoria

...?‘Queen Victoria’ by Walter L. Arnstein Table of Contents Introduction 3 Queen Victoria: An Engaging Study by Walter L. Arnstein 4 Conclusion 9 References 10 Bibliography 11 Introduction The lives at Buckingham Palace have always fascinated the entire world. The monarchy and the seat of imperialism which once showed enough power to rule the earth and laid the foundation of the colonialism across the globe is evidently full of romance and mystery. The first powerful Queen or Empress to evolve out from this all-pervading and omnipotent shrine of power, regime and prosperity is Queen Victoria. Queen Victoria has passed away a little more than hundred years and already she has become the subject of biography more than any other women born...
6 Pages(1500 words)Essay

Kite Runner

... 31 October Kite Fighting and Kite Running: Defining the Self Amidst Internal and Social Conflicts The Kite Runner illustrates the harrowing experiences of people who are divided by their ethnic, social, and religious differences. In this novel, Khaled Hosseini describes how society affects individuals and how individuals similarly struggle to shape their own identities depsite social impositions, through narrating the remarkable friendships of two generations of Pashtuns and Hazaras, Baba and Ali and their children, Amir and Hassan, respectively. This essay analyzes the importance of kite running and kite fighting activities to the novel. Kite fighting represents the aggressive pursuit of the main characters' innermost desires, while kite...
3 Pages(750 words)Essay

The Kite Runner

... The Kite Runner The Kite Runner is an amazing movie based on a novel by the same which was written by Khaled Hosseini. It is about a young boy in Afghanistan, Amir, who witnesses his best friend being sexually abused but never takes any action against it. Later, when he is a grownup living in America, his past haunts him and he decides to return to Afghanistan in order to redeem himself. This paper explores certain characters, relationships, motifs, symbols and places in the movie, as well as identifying and justifying the reasons for the protagonist’s various actions. The relationship that is first going to be explored is the one between Amir and his father (Baba). In the first half of the movie, they are shown to possess different...
3 Pages(750 words)Essay

Victoria Chemicals

... Case analysis- Victoria Chemicals plc Introduction The case is about the different ways through which Victoria Chemicals plc can fund the modernization of the Merseyside works project from the corporate headquarters in order to improve its financial performance in order to increase its Earnings per Share. Earnings per Share are a portion of profit for the company which is allocated to each outstanding share of common stock. The company had been under pressure from its investors for it to improve its financial performance because of the accumulation of the firm’s common shares by a well known corporate raider. The Earnings per Share had fallen from 180 pence per share by the end of 2007 from 250 pence per share by the end of 2006...
5 Pages(1250 words)Case Study

Victoria Secret

Metrics 16 Outcome metric 16 Performance Metric 16 13. Leveraging its brick and mortar store 17 14. Changes expected after the 24 months launch period 17 Works Cited 19 1. Current target segment: The new brand for men The management of Victoria’s secret has come up with the strategy to expand their line of products into the men’s segment. They expect to be equally successful in this segment as they had been in the women’s segment. The underlying idea behind this expansion is to introduce color and style to men’s underwear thereby exploring a market which is tremendously underserved. The new line brand of products targeted towards men will add a new dimension to Victoria’s Secret range of products. Expanding into the new line of m...
19 Pages(4750 words)Case Study

The Kite Runner

...The book, ‘Kite Runner’ by Khaled Hosseini takes the reader through a series of developments in human relationships. It narrates the depth and variance in the relationship between two fathers and their sons and also it contains within it the tale of two children and their relationship as they grow up. Amir and Hasan, who grows up together, living in the same boundary, but in very different economic and social background, develops a strong bonding between them. This relationship develops in different dimensions as the story progresses. The relationship between Amir and Hassan revolves around an unrevealed brotherhood that both of them share. Amir always keeps up his dignified position of being the master’s son where as Hassan is as loyal...
4 Pages(1000 words)Essay

Kite Runner

...Instructions: Answer the following questions in an essay one page about kite runner book What did you learn about Afghanistan’s culture, history, and contemporary issues? What were some of your ideas about Afghanistan before you read the book? How does this information impact your assessment of the contemporary challenges that face Afghanistan?  2. Consider the passages describing America (the U.S.) in the novel. What new aspects of life in America were brought to your attention as a result of reading these passages? How do they impact your perception of the United States?  3. What Impact does cultural tradition in Afghanistan have on the relationship between the two boys? Comment on how cultural tradition strengthened or weakened the bond...
1 Pages(250 words)Essay

Kite Runner

... KITE RUNNER Question How the scene sets the stage for the novel The scene sets the stage for the novel as it presents the audience with two character traits with different backgrounds. The two characters Amir, the son an affluent business man, Baba, and Hassan, the son of Ali, Amir’s Dad’s servant appear to be best of friends. Despite the fact that Amir comes from a wealthy background, he proves a coward and always depends on Hassan for protection. The two boys both love the attention given to them by Baba, who advocated for bravery. Hassan proves a kite runner to Amir (Hosseini, 34). Question 2 Characters like Amir and Hassan present masculinity in what versions Amir’s masculinity comes out in the incident where he saved Sohrab...
1 Pages(250 words)Essay

The Kite Runner

... The Kite Runner: Friendship/Loyalty The Kite Runner is a first novel for Afghan born American Khaled Hosseini, which he published in 2003 with Riverhead Books (Noor & Hosseini 148). The novel is an incredible tale of friendship and loyalty through two young Afghan boys, Amir and Hassan, who were very close friends despite their differences in social classes. The novel is set during the rule of monarchy Zahir Shah, who ruled until 1973. It also unfolds into a cascade of tumultuous events, from the fall of Afghanistans monarchy, the Soviet military intervention, the exodus of refugees to Pakistan and the United States, and the rise of the Taliban regime. However, the core of the story is the friendship between Amir and Hassan that defies...
2 Pages(500 words)Book Report/Review

Integrated Marketing Communications Programme for Crunchy Crunch Company

The Crunchy Crunch Company (CCC) has been in the business of making crisps and other snacks for many years. They want to build on their reputation for traditional health-conscious consumers. Therefore, they have made the brave decision to move away from the traditional products it has in its portfolio and are about to launch a range of healthy snacks. The brand name for this range is "Fit" to reflect the healthy nature of the products and the people consuming them. So far, four varieties will be available: Fit Fruit (Fruit and corn-based snack) Fit Quiche, Fit Frosty (a savory ice cream) and Fit Crackle (a crisp like product).

“According to the American Marketing Association, marketing research is the systematic g...
8 Pages(2000 words)Case Study

The Marketing Communications Strategy & Mix: Sports Company

Despite the challenges that Adidas met in the 90s from fierce competitor Nike, the company hit the rebound by the end of that decade and has reclaimed its position as one of the leading sports companies nationwide. Considering that the company almost went bankrupt at its lowest point, it managed to rise and compete once again in the market.
With Adidas’ position in the sports apparel industry, this research aims to find out and evaluate the various marketing communications strategies that Adidas has implemented over the years. Further, this research aims to be able to identify which strategy is proven to be most effective, and which did not bring the desired results.

Football is undoubtedly the most popular s...
9 Pages(2250 words)Case Study

Structure of Ford Motor Company

It was only in 1927 when GM overtook Ford in sales that Henry Ford felt the need to innovate Model A that was more in tune with the times (Cattlel, 2000).
Today, Ford Motor Company is the biggest family-controlled auto-manufacturer with number three spots in the list of world’s biggest manufacturers and sellers of vehicles. In, 2007, for the first time in 56 years, Ford was relegated to the third spot from second by the Toyota of Japan. Ford manufactures cars, trucks, and SUVs in the brand range of Ford, Mercury, Lincoln, Volvo, and Mazda. Ford’s s distinctly home-spun variety economy class Mondeo and Mustangs sold the world over, and Lincoln stands for luxury and elegance. Lincoln Motor Company was the first stra...
13 Pages(3250 words)Term Paper

The Company Targets Customers

...-end Servers for companies and institutions. As a principle HP doesn’t reveal non-public product details, financial information, marketing, R &D, manufacturing and Personnel Data. We will work on whatever information the company discloses and is available in common domain of knowledge to assess our strengths, marketing mix, current strategies, current events and global information and discuss how they can be more streamlined in. In today’s world no amount of market strategising is enough, no amount of competitor’s latest strategies and innovation and we have always to remain in an ever evolving role. HP Pavilion and sister products We have chosen our Personal Computer as the product of our current study. Just for sake of recall, we make...
8 Pages(2000 words)Case Study

Company Strategy to the Public Sector

The definition of corporate strategies emphasizes the need for the organization to satisfy the needs of all the stakeholders if the organization is to achieve its overall objective of maximizing shareholder value. Stakeholders include employees, customers and the communities in which the organization operates. Employees, customers, and communities, therefore, have a significant impact on the success of the organization and thus on the corporate strategy of the organization. In formulating corporate strategy, organizations need to identify and priorities strategic issues, which involve scanning, selecting, interpreting and validating information. (Schneider, 1989).
The aim of this paper is to explain the strategy of an organiz...
7 Pages(1750 words)Assignment

Company Law Issues

Various sections of the CA are coming into force over a staged process and the relevant provision relating to authority is sections 39 and 40, which came into force on 1 October 2007.

Section 39(1) of the CA provides that “the validity of any act done by a company shall not be called into question on the ground of lack of capacity by reason of anything in the company’s constitution”

Additionally, section 40(1) provides that: “In favor of a person dealing with a company in good faith, the power of the board of directors to bind the company, or authorize others to do so, shall be deemed to be free of any limitation under the company’s constitution”.

Section 40 (2)...
9 Pages(2250 words)Case Study

Company Profile: The Southwest Airlines Inc

Ever since the horrific attacks of 911, the airline industry has been going through a bad phase. The attacks on the World Trade Center have had a devastating effect on the commercial sector and the airline industry in particular. When one considers the fact that the instrument of destruction of these attacks was hijacked airplanes, there is understandable concern about traveling in them and thus the public lost faith in the airline industry immediately following September 11th.  For many airline companies, this meant going into severe debt or even declaring bankruptcy. Even after some time, the majority of the airline industry experienced lower profits and massive downsizing. However, for smaller companies like Sou...
8 Pages(2000 words)Case Study

Benefit of Partnership to Company, Trade Union and Government

The John Lewis model of partnership states that the ultimate purpose of business is the happiness of all its members. Hence, when partners “share the responsibilities of ownership as well as its rewards of profit, knowledge, and power”, it is mutually beneficial to all members of the organization (ILO, 1996). The partnership can be a part of the commitment to pluralism and also a part of the non-union agenda (Bacon & Storey, 2000). The national agreement Partnership 2000 defines workplace partnership as “an active relationship based on recognition of common interest to secure the competitiveness, viability, and prosperity of the enterprise” (Doherty, 2008). The interest in the partnership has arisen due...
6 Pages(1500 words)Case Study

Business Sustainability and Society: Coca-Cola Company

For centuries, ethics has been a crucial and significant component of human societies that contributed enormously to the creation of norms and values through religious influences, as well as through the contribution of intellectuals and philosophers in society. Unfortunately, nowadays, it is an observation that individuals, organizations, and even nations have commenced overlooking the phenomenon of ethics in their practices, specifically in the business sector that has become the major stakeholder confronting criticisms related to ethical practices. Critics (Crane, pp. 23-29, 2007) argue that business ethics has now become a component limited to theoretical policies and frameworks of business organizations, and such principles an...
10 Pages(2500 words)Case Study

Marketing of Services: Starbucks Company

The employees are also awarded stock options. Through this, their salary may rise by 14% of the gross pay. The stock investment plan allows the buyers to buy common stock of the company at a discount. They can get hold of it in 85% of the fair market value. The other fringe benefit that the company provides is that of “Future Roast” 401(K) Plans. The employer matches the employee’s contribution to this plan by adding from 25 to 150 percent of the first 4 percent of pay. It is depended on the length of the service.

All these benefits get reflected in the result of employee job satisfaction. In Starbucks, the Employee Job Satisfaction rate is 82% as per the report of Hewitt Associates Starbucks Partner V...
6 Pages(1500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Victoria Kite Company for FREE!

Contact Us