UP TO 15 % DISCOUNT

Get Your Assignment Completed At Lower Prices

Plagiarism Free Solutions
100% Original Work
24*7 Online Assistance
Native PhD Experts
Hire a Writer Now
B2509C: You are the Finance Manager of DiCaprio Ltd, a company selling treadmills: Sports Business Operations Assignment, RP, Singapore
University Republic Polytechnic (RP)
Subject B2509C:Sports Business Operations
Posted on: 29th Jul 2023

B2509C: Sports Business Operations Assignment, RP, Singapore You are the Finance Manager of DiCaprio Ltd, a company selling treadmills

You are the Finance Manager of DiCaprio Ltd, a company selling treadmills. The company used to have 7 outlets in various shopping malls located in different parts of Singapore. 2 outlets were closed in 2021.

Question 1

The CEO of DiCaprio was pleased to announce during a meeting after the end of the financial year 2021 the following highlights of the company’s financial information:

  • Total sales increased by 5%
  • Accounts Payable Payment Period is shortened
  • CapitaLand provided rental rebates to tenants for several months

However, as the Financial Manager, you know that despite the increase in sales in 2021, gross profit margin declined by 3% and net profit was still very low compared to a pre-pandemic margin of 15%. The cash position of the company is also not optimistic. Some additional information can be found below:

  • Card companies  charge the company a 1% transaction fee for online payment
  • Delivery is free for customers’ online purchases above $60, and DiCaprio engages delivery company Ninja Van to ensure prompt delivery
  • Most of the sports and leisure equipment sold is imported from overseas.

Question 2

DiCaprio expects to sell 5,000 treadmills in the year 2022.  It costs $5 to store each treadmill in a storage facility for a year and $10 to administer each order from its supplier. DiCaprio operates 360 days a year. The company wants to avoid running out of stock and would like to keep a safety stock of 32 treadmills.

  • Calculate the following:

(i) the optimal quantity DICAPRIO should order in order to minimize the total costs of holding inventory, and

(ii) the reorder point in units if the supplier requires 4 days lead time to deliver an order Show your workings clearly.

Hire a Professional Essay & Assignment Writer for completing your Academic Assessments

Get Help By Expert

Unlock your academic potential with our comprehensive services! At Republic Polytechnic (RP) in Singapore, we offer top-notch support for GBA (Group-Based Assignments) and provide solutions for summative assignments in the subject of Sports Business Operations (B2509C). As the Finance Manager of DiCaprio Ltd, a company specializing in selling treadmills, we can guide you through the intricacies of this assignment. Our Report Writing Service ensures you present a stellar report that stands out. Singaporean students can confidently pay our expert to receive online assignment help, empowering them to excel in their course at RP. Embrace academic success with our dedicated support—let us be your reliable academic partner

Categories:-
Tags:- B2509C: RP BUSINESS ASSIGNMENT
Answer
Recent Solved Questions
No Need To Pay Extra
  • Turnitin Report

    $10.00
  • Proofreading and Editing

    $9.00
    Per Page
  • Consultation with Expert

    $35.00
    Per Hour
  • Live Session 1-on-1

    $40.00
    Per 30 min.
  • Quality Check

    $25.00
  • Total
    Free

New Special Offer

Get 30% Off

UP TO 15 % DISCOUNT

Get Your Assignment Completed At Lower Prices

Plagiarism Free Solutions
100% Original Work
24*7 Online Assistance
Native PhD Experts
Hire a Writer Now
My Assignment Help SG Services
My Assignment Help SG

Rated 4.9/5 Based on 22945 Singaporean Students