University | Republic Polytechnic (RP) |
Subject | B2509C:Sports Business Operations |
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
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
- Imagine that you are currently working for a precision medicine startup: Machine Learning Paper Review in Precision Medicine, Written Assignment 1, NUS, Singapore
- Go Business offers PSG solutions for enterprises in Singapore: Collective Intelligence and Entrepreneurship, Assignment 1, JCU, Singapore
- Design an ontology based on- Accidents can be categorised as chemical, electrical, fire, kinetic or liquid: Collective Intelligence and Entrepreneurship, Assignment 1, JCU, Singapore
- Project Control Monitoring, Assignment, HU, Singapore: Deliberate Project MONITORING AND CONTROL or PMC Identification
- DSM500: Final Project Report, Coursework 2, UOL, Singapore
- DSM080: Financial Markets, Assignment, UOL, Singapore: A grapefruit juice futures contract is for 15,000 pounds of frozen grapefruit juice
- DSM080: Financial Markets, Assignment, UOL, Singapore: The share price of a certain stock today is $42.50, and five-month European style call options with a strike price of $45 currently sell for $4.25.
- DSM080: Financial Markets, Assignment, UOL, Singapore: A trader who is working in the gold markets is able to borrow money at the interest rate of 7% per annum
- DSM080 Financial Markets, Assignment, UOL, Singapore: A dollar-based American corporation has decided that it will have to pay 6 million UK pounds in three months
- Principle of Finance Assignment, UCD, Singapore: National Gaming Inc. (National) operates the weekly lottery in the country
UP TO 15 % DISCOUNT