Do you think Firms and other entities such as investment and retirement should be included in Circular 230 outlines ? Why? Firms and other entities such as investment and retirement should be included in Circular 230 outlines. These firms also have an obligation to their clients that the information that they are providing them is free of events that could lead to misrepresentation of tax paperwork. For example, with the new secure act for a qualified individual retirement accounts of a non-spouse beneficiary, it is the obligation of the receiving company for the incoming funds and the individual’s agent to inform them that funds will need to be liquidated within ten years to avoid tax implications. Providing necessary information to clients is essential to help them avoid unnecessary audits from the IRS.

Do you think Firms and other entities such as investment and retirement should be included in Circular 230 outlines ? Why?

Firms and other entities such as investment and retirement should be included in Circular 230 outlines. These firms also have an obligation to their clients that the information that they are providing them is free of events that could lead to misrepresentation of tax paperwork. For example, with the new secure act for a qualified individual retirement accounts of a non-spouse beneficiary, it is the obligation of the receiving company for the incoming funds and the individual’s agent to inform them that funds will need to be liquidated within ten years to avoid tax implications. Providing necessary information to clients is essential to help them avoid unnecessary audits from the IRS.

Inventory Write-Down

The following information is taken from Aden Company's records:

Required:

What is the correct inventory value if the company applies the LCNRV rule to each of the following?

1. Individual items
   

   Product A		$
   Product B
   Product C
   Product D
   Product E
   Total inventory value		$

2. Groups of items
   

   Group 1		$
   Group 2
   Group 3
   Total inventory value		$

3. The inventory as a whole
   

   Total inventory value

   $

Abstract
On September 20, 2016, Santosh Renjit, Senior Vice President of Ebroo Clothing Company, sat in his office
pondering the new capital budgeting proposal for setting up a product line of branded shirts. As per
standard company practice, he was required to evaluate the capital budgeting project using the traditional
Net Present Value (NPV) approach and the Internal Rate of Return (IRR) criterion and present his findings to
the management committee meeting scheduled for the next week. Santosh wondered whether this new
proposal would turn out to be a good investment for his company, which was looking to deploy funds in NPV
positive projects.

Introduction
Atop Santosh Ebroo’s desk was a capital budge5ng and investment proposal – a new product line of branded
shirts that the committee was considering for launch. As the head of the finance department, Santosh was
required to work along with his team on a detailed capital budgeting analysis and present the findings to the
management committee for their approval. As per standard company practice, each capital budgeting and
investment project was evaluated using the traditional Net Present Value (NPV) approach and the Internal
Rate of Return (IRR) criterion for determining whether the company would undertake the project or not.
budgeting traditional Net Present Value (NPV) approach and the Internal Rate of Return (IRR) criterion. What would be
the basis for calculating the after-tax opera5ng cash flows for the capital project? How would he arrive at
the depreciation and working capital requirements for computing the NPV? What would be the basis for
calculating the terminal year cash flows? With all these questions in mind, Santosh decided to focus on the
proposed capital budgeting project for the next few days.

Indian Retail Market
The Indian retail market is at the cusp of a sweet spot driven by strong GDP (Gross Domestic Product)
growth, benign inflation, and rising per capita income and purchasing power of consumers. Currently, the
retail industry accounts for more than ten percent of the Indian Gross Domestic Product and approximately
eight percent of employment. The industry is expected to nearly double, from US$600 billion in 2015 to
US$1 trillion by 2020, driven by income growth, urbanization, and attitudinal shifts (Indian Terrain Annual
Report, 2015–16). It has been es5mated that, by 2030, the Indian apparel market, in particular, is expected
to grow at a CAGR (compounded annual growth rate) of approximately 10–12%, backed by increasing
affordability on account of an increase in disposable incomes, an increase in aspirations, and a shift from
unbranded to branded products by the burgeoning middle class. This trend is likely to be further
accentuated by the rise of e-commerce companies that enable shopping from anywhere, thereby leading to
increased penetration in small cities and towns (Indian Terrain Annual Report, 2015–16).

Company Background
Ebroo Clothing is a small, privately-owned clothing company based in New Delhi, India. It was founded in
1995 by Sumit Ebroo, a retired executive. Since then, the company has grown steadily by catering to middle
to low income consumers in the Delhi-national Capital Region (NCR). The company recorded a stellar
growth of 50% in its sales during the last financial year of 2015–16. With a healthy operating margin ratio
and low leverage levels, the company had been able to grow its profits at a CAGR of 25% during the last 10
years. With a good brand name and healthy financial metrics, the company was now looking to expand its
footprint to new product lines catering to middle to high income customers.

Project Investment Proposal Details
The project is estimated to be of 10 years duration. It involves setting up new machinery with an estimated
cost of as much as INR 500 million, including installation. This amount could be depreciated using the
straight line method (SLM) over a period of 10 years with a resale value of INR 15 million. The project would
require an initial working capital of INR 20 million with cumulative investment in net working capital to be
maintained at 10% of each year’s projected revenue. With the planned new capacity, the company would be
able to produce 240,000 pieces of shirts each year for the next 10 years. In terms of pricing, each shirt can
initially be sold at INR 1,300, which takes into account the target segment and competitor pricing. The
project proposal incorporates an annual increase of 3% in the price of the shirt to compensate for
inflationary impact. With regards to the raw material costs and other expenses, the project estimated the
following details:
• Raw material cost for manufacturing shirts at INR 400 per shirt, slated to rise by 5% per annum on
account of inflation.
• Other direct manufacturing costs at INR 125 per shirt with an annual increase of 5% per annum on
account of inflation .
• Selling, general, and administrative expenses (including employee expenses) at INR 35 million per annum,
expected to increase by 10% each year.
• Deprecia5on expense on the basis of SLM.
• Tax rate is assumed to be 25%.

Funding
For funding of the expansion project, the promoters agreed to infuse 50% in the form of equity with the rest
(50%) being financed from issue of new debt. Based on the current credit position and market scenario, new
debt can be raised by the company at 12% per annum. Cost of equity was assumed to be 15% by Santosh.
He reckons the requisite discounting rate or weighted average cost of capital (WACC) for NPV and IRR
calculations may be determined with the help of these assumptions.

Demand Scenario
Although the project proposal estimates a maximum annual production of 240,000 shirts, Santosh would
like the capital budgeting analysis to be done under two demand scenarios: Optimistic and Expected. The
likely annual demand estimated under each scenario is as follows:
Scenario Annual Demand
Optimistic: 240,000 shirts
Expected: 200,000 shirts

Your Mandate

I. On the basis of the financial information given in the case, calculate the after-tax operating cash flows,
NPV, and IRR under the Optimistic and Expected scenarios. Clearly specify the calculations applied.
II. Based on your analysis, what recommendation would you make on whether the company should
undertake the project or not? Clearly specify the decision based on both the NPV and the IRR criteria.

Question: What do the ratios calculated communicate about the financial strengths and weaknesses of Hershey?

Question: Based on your calculations, would you invest in Hershey Company, why or why not?

How to evaluate the performance university????

How to evaluate the performance university????

How to Evaluate the performance of university

The University of Cincinnati Center for Business Analytics is an outreach center that collaborates with industry partners on applied research and continuing education in business analytics. One of the programs offered by the center is a quarterly Business Intelligence Symposium. Each symposium features three speakers on the real-world use of analytics. Each of the corporate members of the center (there are currently 10) receives five free seats to each symposium. Nonmembers wishing to attend must pay $75 per person. Each attendee receives breakfast, lunch, and free parking.

The following are the costs incurred for putting on this event:

Rental cost for the auditorium: $150

Registration Processing: $8.50 per person

Speaker Costs: 3@$800 $2,400

Continental Breakfast: $4.00 per person

Lunch: $7.00 per person Parking:

$5.00 per person (a)

The Center for Business Analytics is considering a refund policy for no-shows. No refund would be given for members who do not attend, but for nonmembers who do not attend, 50% of the price will be refunded. Build a spreadsheet model in Excel that calculates a profit or loss based on the number of nonmember registrants. Extend the model you developed for the Business Intelligence Symposium to account for the fact that historically, 25% of members who registered do not show and 10% of registered nonmembers do not attend. The center pays the caterer for breakfast and lunch based on the number of registrants (not the number of attendees). However, the center only pays for parking for those who attend. What is the profit if each corporate member registers their full allotment of tickets and 127 nonmembers register? If required, round your answers to two decimal places.

I need assistance with creating a summary of the Board of Advisors, for The Sweet Password. The Sweet Password (is an imaginary confectionery company that has decided to use characters from Willy Wonka and The Chocolate Factory).

Advisors - Names, Roles, and Qualifications

Violet Beauregarde

Veruka Salt

Mike Teavee

An Advisory Board is a panel of experts who are asked by a firm’s managers to provide counsel and advice on an ongoing basis. These are usually uncompensated positions, that are an opportunity for highly skilled and experienced managers to "pay it forward" by providing guidance for a new company. These individuals don't have actual job responsibilities in the company. They simply meet with the company management to provide suggestions and provide diversity to the decisions the management makes.