assignment范文-财务管理专业作业 [2]
论文作者:www.51lunwen.org论文属性:作业 Assignment登出时间:2014-06-13编辑:lzm点击率:7224
论文字数:2556论文编号:org201406131545293024语种:英语 English地区:中国价格:免费论文
关键词:assignment范文财务管理专业Financial ManagementWriting Assignmentsassignment范文
摘要:It is important that students refer to The Faculty of Business Guide to Writing Assignments particularly in regard to the contents of the executive summary. This is available on the Faculty of Business web site.
ues used in the smash repair business in Europe. He had also studied the latest spray booth technology and had been very impressed by a new German spray booth. The trip had been very expensive and it had cost $37,500 for airfares, accommodation and meals. As most of the trip was business the company has paid for this expense. On returning from the trip John met with Juan, Roberto and Maria to outline an idea that he had been considering for some time.
John stated at the meeting that he believed that if the company added a new spray booth and workshop at the back of the vacant block he would be able to significantly increase business particularly in the restoration of vintage and historical cars. Car clubs were growing and keeping the cars in pristine condition was important to the enthusiasts in these clubs. FBSR had built up a solid reputation for high quality work in this area and this work provided far bigger margins than insurance work. He firmly believed that FBSR would also be able to take on more insurance work with the increased spraying capacity. John tabled a projected revenue forecast for both the historical car business and increased insurance work. The forecast revenue is detailed in Appendix 1. He also outlined some preliminary estimates on the costs involved. The building to house the spray booth and workshop would cost about $250,000 to erect. The building would be constructed on the back half of the block and the front half of the block would be converted to an all weather car park for cars awaiting repair and customer and staff parking which would improve efficiency. The costs of the car park construction are estimated to be $75,000. The biggest cost would be the spray booth and the associated equipment. He had a firm quote from the German company and the total cost including all shipping, installation and testing would be $350,000.
Juan was very excited and said this was just what he had anticipated and would like to see the company at least double its size before he finally stood down as Chairman of the company. Both Maria and Robert were less enthusiastic. Maria argued that the company was profitable and provided a good return to the family particularly those that work in the company. A larger company would only bring more problems and John had not considered the extra staff that would be needed to work in the new premises. The land was very valuable and a local company had recently offered $235,000 for the block. Maria firmly believed that the company should take the money and carry on the business at current levels of activity. At this Juan got angry and stated that the land had only cost the equivalent of $5,000 which is next to nothing and was bought for the company to expand. He stated selling the land is not to be considered and the market value is not relevant.
Robert was more restrained and stated his concern was the level of investment required and raising the cash. The company certainly did not have any spare cash. The company had borrowed the amount required for the last renovations and were still making payments on the term loan from the bank. In the current climate he was concerned that additional
Finance of that magnitude would be difficult to obtain from the bank. He felt that a proper
business plan should be produced and a short report prepared for all board members and the full Board should make the final decision. Robert emphasised that John and Maria should work as a team and
本论文由英语论文网提供整理,提供论文代写,英语论文代写,代写论文,代写英语论文,代写留学生论文,代写英文论文,留学生论文代写相关核心关键词搜索。