This website uses cookies to ensure you have the best experience.

# Bloomfield Case Study

417 words - 2 pages

1.
As Fred Bloomfield, I would consider the farmers ability to pay. He has written that \$72,000 was written off as bad debt and it is possible that maintaining or increasing the price could increase this number. Fred can react one of two ways here. Either he can be stricter in paybacks and risk losing that personal touch that he provides to most of his customers (farmers that he knows very well) or he can decrease the price to reduce the risk of bad debt being higher.
Another thing that I would consider is how much more profit would I produce by increasing the price and if this were conducive to our business in the short and long term. Increasing or maintaining the price may possibly increase our income in the short term, but it may ...view middle of the document...

-------------------------------------------------

-------------------------------------------------
Price | -------------------------------------------------
\$224 | -------------------------------------------------
\$240 |
-------------------------------------------------
Sales | -------------------------------------------------
(\$224 * 20,333) + up to 15% increase = \$5,237,780.80 | -------------------------------------------------
\$4,880,000– 15% possible decrease = \$4,148,000 |
-------------------------------------------------
Gross Margin | -------------------------------------------------
\$5,237,780.8 - \$4,867,950 = \$369,830.80 | -------------------------------------------------
\$4,148,000 - \$3,598,050= \$549,950 |
-------------------------------------------------
Net Income | -------------------------------------------------
\$369,830.80 – 468,000= (\$98,169.20) | -------------------------------------------------
\$549,950 – 468,000 = \$81,950 |

* 4,880,000 is the income from sales as per the income statement ended in November 30, 1982
* 4,880,000/240= 20,333 tonnes sold in 1982
* Gross Margin is calculated with Costs of Goods sold either increased by 15% if the price is \$224 or decreased by 15% if price is \$240
* Subtract Selling and Administrative Costs will give us the Net Income

3.
Something I would consider in order to improve the profitability of the company would be to start selling feed. It was written that our competitors sold livestock feed and that these sales took up about 60% of their sales meaning that it is a significant part of their sales and if we are this profitable with only selling fertilizer maybe adding feed would considerably increase our profitability.

## Other assignments on Bloomfield Case Study

### Course Syllabus Essay

2610 words - 11 pages | |Recommended |The best way to learn mathematics is to PRACTICE, PRACTICE, and PRACTICE. At least forty minutes of study per day, every day| |Study Time |(including weekends and holidays) is necessary for the success in this class. You may need more (or less) study time | | |depending on your math background and skills. Forty minutes of study

### Management Essay

1477 words - 6 pages themselves to the Boeing Values. The Code of Conduct is a certification that occurs on a yearly basis to certify all employees that they will follow the Code of Conduct (The Boeing Company: Ethics, 1999-2012). The Ethics Challenge is where Boeing provides training to help educate employees about certain situations that may arise throughout the day. In this challenge, there are specific case scenarios that can be used (The Boeing Company: Ethics

### Assisted Suicide

1015 words - 5 pages Should physician-assisted suicide be legal? While I believe if one chooses to end his or own life through physician assistance for reasons that they chose, the choice should be up to the individual. Physician-assisted suicide should be at one's discretion. “Assisted Suicide, also called Voluntary Euthanasia, is currently a contentious issue in many countries. Because Euthanasia is legal in a few modern democracies: the Netherlands, Belgium

### Tanglewood Case 1

797 words - 4 pages of their focal points of having a successful business is having exceeding customer service, and there is no need to go out and acquire new talent when Tanglewood already has the staff capable of developing their KSAOs. However, Tanglewood will need to acquire new talent if the company decides to open up a new store. Should Tanglewood look for new employees or outsource for staffing? In Tanglewood’s case, I would recommend using an outside

### Nnnnn

1391 words - 6 pages Есе по въпроса: Кои от всички „действащи” лица могат да се разглеждат като морално отговорни и в какво именно? по казуса Форд „Пинто” Корпоративните злодеяния са нанесли повече вреди на обществото от всички улични престъпления взети заедно. Според данни на ФБР сумата от уличните престъпления възлиза на \$3.8 млрд. годишно, а загубите от корпоративните измами между \$100 млрд. и \$400 млрд. годишно

### The Penis

1052 words - 5 pages The short story ”The Penis” is written by Hanif Kureishi. The short story is about a penis, which has been separated from its owner Doug, who we hear from later on. At first though we hear about a guy called Alfie who was “a cutter – a hairdresser – and had to get to work”. He is having breakfast with his wife, when she asks him what he did last night, and if he had a good time last night? Alfie can not remember what he did last night, he then

### Managed Care Paper

543 words - 3 pages Managed Care and Case Management Care Marvin Lloyd BSHS/402-Case Management 27 August 2012 Virgil Miller Managed Care are techniques employed to help reduce the cost for providing health benefits and a system for improving organizations quality of

### Media

439 words - 2 pages The life expectancy is lower; so people are not kept alive with drugs for decades in a virtual sleep state. There is less state education; so kids don't have it drilled into them that their only goal in life is to make money, at the cost of 'everything' else. The health care is less; so diseases, usually brought by Westerners, kill many more than they do in countries where drug companies can make a fortune from selling medicines that aren't

7113 words - 29 pages CGGGG The Political Economy of International Trade Chapter Outline OPENING CASE: Why Are Global Food Prices Soaring? INTRODUCTION INSTRUMENTS OF TRADE POLICY Tariffs Subsides Country Focus: Subsidized Wheat Production in Japan Import Quotas and Voluntary Export Restraints Local Content Requirements Administrative Polices Antidumping Policies Management Focus: U.S. Magnesium

### Scope And Goals

279 words - 2 pages Introduction: Kudler Fine Foods is a specialty food store based in San Diego, California with its three locations in La Jolla, Del Mar, and Encinitas. Kudler Fine food prides itself on offering fresh and organic products that are carefully selected from local farmers and around the world. The organization has recently taken the initiative to start a Frequent Shopper Program to market and increase sales. This program will offer the customers a

### Meerkat

251 words - 2 pages Meerkat The meerkat or suricate, Suricata suricatta, is a small mammal belonging to the mongoose family. Meerkats live in all parts of theKalahari Desert in Botswana, in much of the Namib Desert in Namibia and southwestern Angola, and in South Africa. A group of meerkats is called a "mob", "gang" or "clan". A meerkat clan often contains about 20 meerkats, but some super-families have 50 or more members. In captivity, meerkats have an average

## Similar Documents

### Mgt216 Essay

714 words - 3 pages The first ethical issue presented in the ethics game simulation was whether to warn consumers about the contaminated product and what information to provide consumers about the contaminant. The second ethical issue was whether to sell a product that does not meet U.S. safety requirements in a foreign market that has lower safety restrictions. G-BioSport was not required to meet prior approval from the Federal Drug Administration before they

### Economy Effect Of Marijuana Essay

277 words - 2 pages Modern American History by Alan Renga 2nd Mid Term! You will be given 3 Short Essay questions and 20 Multiple Choice questions deriving from this list! 80 points total! The 1920s Warren Harding then Calvin Coolidge Tea Pot Dome 1st Red Scare Immigration Restriction, Sacco and Vanzetti Langston Hughes, Marcus Garvey, KKK Prosperity, advertising Prohibition, Al Capone Flappers, Clara Bow, Rudolph Valentino Babe Ruth, Jack Dempsey

### The Vc Shakeout Essay

2033 words - 9 pages . The shoppers were charmed anyway, and acted on those gut feelings by choosing a coupon from the store that had ﬂattered them over a coupon from a similar store. The study indicates that even ﬂagrant ﬂattery can sway customers. Business Psychology This month we’re looking at ﬂattery and ingratiation, pervasive tools of inﬂuence in the workplace. Across the next few pages, we’ll show why insincere compliments and sucking up are eﬀective—and

### Hospitals Paper

6014 words - 25 pages I hope to provide in this paper a comprehensive understanding for what the term “hospital” has become. Hospitals are an extremely complex system that man has created and shaped and reshaped throughout history. My goal in writing and researching this paper will be to provide those who read it a clear understanding on how the hospital system got to where it is today, and to shed some light on the many organizations that affiliate with and