♦ EssayTab ♦

Best Essay Writing Service

Freebies just for you

We are available 24/7

Our writers operate under strict confidentiality guidelines and never disclose any information about our customers to other parties. Your details will be protected by our Security and Privacy policies that are in place to safeguard your interests.

Free title page and bibliography

When you order a paper from us, you will get a free bibliography and cover page.

Formatting according to your instructions

Our writers are pros in various writing styles such as APA, MLA, CMS and Chicago referencing styles.

Unlimited Revisions

We offer unlimited revisions at no extra cost. We’ll rewrite your paper as many times as we have to until it meets your requirements.

Greetings Inc

Greetings Inc.:Capital Budgeting

THE BUSINESS SITUATION

Greetings Inc. stores, as well as the Wall Décor division, have enjoyed healthy profitability during thelast two years. Although the profit margin on prints is often thin, the volume of print sales has been substantial enough to generate 15% of Greetings’s store profits. In addition, the increased customer traffic resulting from the prints has generated significant additional sales of related non-print products.As a result, the company’s rate of return has exceeded the industry average during this two-year period. Greetings’s store managers likened the e-business leverage created by Wall Décor to a “highoctane”fuel to supercharge the stores’ profitability.

This high rate of return (ROI) was accomplished even though Wall Décor’s venture into e-business proved to cost more than originally budgeted. Why was it a profitable venture even though costs exceeded estimates? Greetings stores were able to generate a considerable volume of business for Wall Décor. This helped spread the high e-business operating costs, many of which were fixed, across many unframed and framed prints. This experience taught top management that maintaining an e-business structure and making this business model successful are very expensive and require substantial sales as well as careful monitoring of costs.

Wall Décor’s success gained widespread industry recognition. The business press documented Wall Décor’s approach to using information technology to increase profitability. The company’s CEO,Robert Burns, has become a frequent business-luncheon speaker on the topic of how to use information technology to offer a great product mix to the customer and increase shareholder value. From the outside looking in, all appears to be going very well for Greetings stores and Wall Décor.

However, the sun is not shining as brightly on the inside at Greetings. The mall stores that compete with Greetings have begun to offer prints at very competitive prices. Although Greetings stores enjoyed a selling price advantage for a few years, the competition eventually responded, and now the pressure on selling price is as intense as ever. The pressure on the stores is heightened by the fact that WileyPLUS 2/27/10 9:26 AMhttp://edugen.wiley.com/edugen/student/mainfr.uni Page 2 of 3pressure on selling price is as intense as ever. The pressure on the stores is heightened by the fact that the company’s recent success has led shareholders to expect the stores to generate an above-average rate of return. Mr. Burns is very concerned about how the stores and Wall Décor can continue on a path of continued growth.Fortunately, more than a year ago, Mr. Burns anticipated that competitors would eventually find a way to match the selling price of prints.

As a consequence, he formed a committee to explore ways to employ technology to further reduce costs and to increase revenues and profitability. The committee is comprised of store managers and staff members from the information technology, marketing, finance,and accounting departments. Early in the group’s discussion, the focus turned to the most expensive component of the existing business model—the large inventory of prints that Wall Décor has in its centralized warehouse. In addition, Wall Décor incurs substantial costs for shipping the prints from the centralized warehouse to customers across the country. Ordering and maintaining such a large inventory of prints consumes valuable resources.One of the committee members suggested that the company should pursue a model that music stores have experimented with, where CDs are burned in the store from a master copy. This saves the music store the cost of maintaining a large inventory and increases its ability to expand its music offerings. It virtually guarantees that the store can always provide the CDs requested by customers.

Applying this idea to prints, the committee decided that each Greetings store could invest in an expensive color printer connected to its online ordering system. This printer would generate the new prints. Wall Décor would have to pay a royalty on a per print basis. However, this approach does offer certain advantages. First, it would eliminate all ordering and inventory maintenance costs related to the prints. Second, shrinkage from lost and stolen prints would be reduced.

Finally, by reducing the cost of prints for Wall Décor, the cost of prints to Greetings stores would decrease, thus allowing the stores to sell prints at a lower price than competitors. The stores are very interested in this option because it enables them to maintain their current customers and to sell prints to an even wider set of customers at a potentially lower cost. A new set of customers means even greater related sales and profits.As the accounting/finance expert on the team, you have been asked to perform a financial analysis of this proposal. The team has collected the information presented in Illustration CA 4-1.Illustration CA 4-1 Information about the proposed capital investment project

http://edugen.wiley.com/edugen/student/mainfr.uni Page 3 of 3

Instructions Mr. Burns has asked you to do the following as part of your analysis of the capital investment project.

1 Calculate the net present value using the numbers provided. Assume that annual cash flows occur at the end of the year.

2 Mr. Burns is concerned that the original estimates may be too optimistic. He has suggested that you do asensitivity analysis assuming all costs are 10% higher than expected and that all inflows are 10% less than expected.

3 Identify possible flaws in the numbers or assumptions used in the analysis, and identify the risk(s) associated with purchasing the equipment.

4 In a one-page memo, provide a recommendation based on the above analysis. Include in this memo:

(a) a challenge to store and Wall Décor management and

(b) a suggestion on how Greetings stores could use thecomputer connection for related sales…….

“Struggling with a similar assignment?”

Place an order below and we’ll get it done within the deadline selected.

EssayTab is hands down the best essay writing service for college students. I was initially skeptical about the quality of a product that has such a low price point but I can tell you that it’s worth every penny! I’ve been using EssayTab for my essays in college as well as in grad school, and they always deliver excellent content.

College Student

FAQ

Frequently Asked Questions

Can I get a plagiarism report?

Yes. We have a strict anti-plagiarism policy, ensuring that every paper we deliver to our clients is 100% original. Our writers are required to write each paper from scratch. We never use any pre-written or pre-written material in our papers.

Can you proofread my paper for me?

Proofreading is never fun, no matter how much you love the smell of red pen in the morning. Don’t enjoy reading your own writing? You’re not alone. Don’t have time to revise your work or read a full-length novel? We feel ya. That’s why we offer affordable proofreading services to university students in a range of areas, including history, literature, and business studies.

When will my paper be ready?

We do our best to complete all assignments on time. Please, place your order on time before the exact deadline to avoid any mishaps.

If you have not received your order and the deadline has passed, please contact our friendly customer support team and they will send it to you immediately.

What do I do if I'm not satisfied with my paper?

If for some reason, you’re not satisfied with the completed paper, simply reach out to use and we’ll revise it.

What is Essaytab.com?

Essaytab.com is an academic writing site that helps students write top-notch essays and research papers.

How much does EssayTab cost?

Price starts at just $11 a page. Our prices are very affordable, and we guarantee to deliver your paper on time. We hire only the most qualified writers who can produce a high-quality custom essay, research paper, or dissertation on all academic topics.

Is this the best essay writing service?

There are many essay writing services available. And, it is your responsibility to choose the best and the most trusted one for you ⇒ Essaytab.com. The best essay writing service should be able to provide all kinds of essays, from persuasive, expository, argumentative essays to any other type of essays. So basically, if you want to buy an essay online, you should be looking for a reliable company that can offer you a wide range of options.

The best essay writing service should also have a good customer support system in place. You would probably need some help while ordering your essay online and so it is important that you get assistance from someone who knows what they are doing. The best essay writing services should offer round-the-clock customer support service so that whenever you need it, someone will be there to help you out.

The best essay writing services should also offer affordable prices along with high-quality work. Not every company that offers cheap prices provides quality work, but some companies provide both quality and cheap prices, and these companies are known as the best ones because they offer what they promise!

How do I place an order?

It is easy to place an order at our essay writing website. It is all done online. All you need to do is fill out the order form, which will take only a few minutes of your time.
Once you complete the order form, we will start working on your essay immediately. Once your paper is completed, we will send it back to you via email, and you will be able to download it and submit it on time without any additional work required on your part.

How is the price of my essay determined?

The price of an assignment is based on:

1) Academic Level: Price starts at $11 per page but increases by $10 when you select College 1-2, $15 for College 3-4, Master’s $25 and $30 when you select PhD level. The base price for all academic levels is just $11 per page.

2) Number of pages. The more the pages the higher the price.

3) Deadline: Shorter deadlines like 12 hours attract an extra fee. We advise our clients to orders essays in advance to avoid delays.

Is EssayTab legit/legal?

Yes, EssayTab is 100% legal. Here’s just a few reasons why you should choose essaytab.com for your assignments:

1) Professional editors: Our editors fact check each assignment to make sure that it meets the clients requirements and is 100% plagiarism free.

2) High-quality work: We guarantee that the completed essay will be written from scratch.

3) Confidentiality: We do not share your information with any third parties.