Fin 571 Week 4 Essay Example

Fin 571 Week 4 Essay Example Fin 571 Week 4 Essay Fin 571 Week 4 Essay Guillermo Furniture Analysis Paper University of Phoenix Corporate Finance FIN/571 Guillermo Furniture Analysis Paper . Guillermo Navallez is the owner and operator of the Guillermo Furniture Company. Mr. Navallez has operated this store for year in the Sonora, Mexico area and had built a positive rapport with that community. Recently, Mr. Navallez has two issues he is facing. One issue is an overseas competitor and the other is the high cost of labor. The overseas competitor is making furniture using new and innovative technologies. Because Guillermo furniture specializes in one-of-a-kind hand crafted furniture, his cost of labor is extremely high because of the time that is needed to create each piece. Because of this, Guillermo is losing profit as well as customers; Mr. Navallez has been trying different ideas to help improve his business. . At this point in time, the only option for the Guillermo furniture store is simple. This company must join the ranks of its competitors in order to stay in business. Guillermo needs to transition from handcrafted pieces into using the high tech technology like its competitors. This technology will cut costs on materials as well as labor, and still supply quality furniture. Guillermo Furniture has an option to be taken over by its competitor. This option is not received well by Mr. Navallez. He has no intention of being bought out. Because he does not want to lose everything that he has worked for, Mr. Navallez has to put a plan into action immediately. He is concerned about his family and his responsibility to take care of them. : In The company used the â€Å"what-if† example, it would allow the business owner to take a combination of his projections and come up with one resolution. If he includes numerous investments it will help to prepare a present value index. Mr. Navallez could then capitalize on his investments. The WACC is established by the use of multiple assessments Mr. Navallez has been reviewing different alternatives for the Guillermo Furniture Store. A company’s assets are financed by either debt or equity. By taking a weighted average, you can see how much interest the company has to pay for every dollar it finances. WACC is the overall required return on the company as a whole and, it is often used internally by company directors to determine the likelihood of expansion opportunities and mergers. It is the appropriate rate to use for cash flows with risk that is similar to that of the overall firm (Investopedia, 2011). The first option is to keep running the business as usual and not making any changes. The net present value analysis can be run by and outside entity to show whether or not Guillermo is operating at its highest while in business. This will show the net present value after taxes. The Net Present Value is the difference between what something is worth and the present value of its expected future cash (Emery, Finnerty, Stowe, 2007, p. 187). Next, the payback period is the number of years it takes the business to recover from the original investment. If $300 million is invested within a certain time period the company will be able add more revenue to the money that was originally invested into the company. Payback periods can take a long time or a short time depending on the circumstances. On the other hand, it will eventually pay off in the end. For Mr. Navallez and Guillermo Furniture, a payback time frame is the best option to help capitalize on the reconstruction of his business. Capital budgeting is the process of choosing a long-term capital investment According to (Emery, Finnerty, and Stowe). This includes investments in land as well as equipment. Capital budgeting is knowledgeable to the store because of Guillermo’s assets, products, and services that the business provides. There is no limit to the numbers of possible investments that can’t be reached. However, based on present and future selections, constraints for the future will be very slim. Planning of these choices will help to capitalize on assets and improve the profits in the future. In The Guillermo Furniture Store Scenario, capital budgeting projects are judged by value. We also find out that capital is worth more than it costs, because stock prices will increase and then the wealth by the amount of capital will be different. In conclusion The Guillermo stock would increase if the company took on a capital budgeting project with a positive stock value and decrease if the stock value is negative. Reference Emery, Finnerty, Stowe. (2007). Corporate Financial Management (3rd ed. ). New Jersey: Pearson-Prentice Hall. Investopedia. (2011). www. investopedia. com. Retrieved from investopedia. com/terms/w/wacc. asp University of Phoenix (2011). Lawrence Sports Simulation [Video podcast]. Finance for Managerial Decision Making: Working Capital Management. Retrieved from http://https://ecampus. phoenix. edu/secure/AAPD/vendors/tata/sims/finance/working_capital/finance_working_capital_frame. html

Classic Hollywood Model of Narration essays

Classic Hollywood Model of Narration essays Write a critique of a recent film which, in your view, conforms to the structural parameters of the classic Hollywood model of narrative construction. As Richard Maltby (1995:6) once quoted If Hollywood is not a place, it is also not a time. We are forever going on about how Hollywood is not how it was. Remember the days when everything on screen was black and white and wonderful, remember the days when going to the movies was a real treat not just an excuse to dig into a bucket of greasy popcorn. Cinema and the art of film was appreciated, it was sentimental, it was classic. Unfortunately I cant say that I remember those days. By the time I found my way into this world the classical Hollywood movie had somewhat evolved itself into something of less substantial quality. However it has been argued that aswell as changing, Hollywood has also remained the same, in respect of remaining in the same business of entertaining its audience, of producing the maximum pleasure for the maximum number for the maximum profit (Hayward, S., 1996). David Bordwell, Janet Staiger and Kristin Thompson (1985) argue that since 1917, the essential features of classical style were in place- the way that a movie organizes narrative time and space, the continuity script, the management structure and division of labour in production have remained more or less the same. This continuity enables us to make generalizations about Hollywood today. The typical Hollywood film carries a set of expectations, often apparently obvious in cinematic form and style. The idea of the classical implies the observance of rules of composition and aesthetic organization that produce unity, balance and order in resulting artwork. Hollywood films are bound by rules, they tip-toe on the strict limitations on individual innovation. Each and every one of them frames themselves around the conventions and principles of the classical cinema. ...

Case Study Essay Example | Topics and Well Written Essays - 1000 words - 24

Case Study - Essay Example The owner has differing opinions on the paint coats to be done on the steps and the house. The double standards allow for the establishment of a clout of dispute in the ideal description of the term. However, the owner and the contractor had an agreement on the observation of a first-class job. Such an agreement allows for the presentation of the considered concerns as an argument of relevance. Apparently, the owner is rather prone gain from the ruling since the contract did not consider defining the elements of a first-class paint work. Regarding the second concern, the ruling will focus on the contract binding the two parties. The steps are not considered to be part of the house. Apparently, both the owner and the contractor seem to concede that indeed the item is not in the contract irrespective of being pointed out during the negotiation phase. Such an observation implies that the ruling over the matter will most probably be perceived to be in favor of the contractor. The owner may be advised to consider establishing another contract in quest of including the considered steps. Regarding the second case, the phrase â€Å"Alternatively, if flooding, jetting and vibration are to be used for placing and compaction, the material shall meet the additional requirements specified in paragraph zone 1 and zone 2 Bedding Material for material to be placed and compacted by flooding, jetting and vibration. The maximum size shall pass a 2-inch U.S. Standard Series sieve† allows an advisory path for the ruling. The final statement in the phrase allows for the compliance with the 2-inch test. It is not hinged on the initial consideration on compacting capacity. He verdict will thus favor the coontracctor. The owner may reflect on the Buchanan v. Martin Marietta Corp., 494 A.2d 677 and Schiavi v. Goodwin, 542 A.2d 367 (Klass, 2012) that points on the possible aspects upon which interference to the contract may be considered. The