Friday, December 27, 2019

Star River Electronics - 1819 Words

In Partial Fulfillment Of the Course Requirement In Management Financial Planning Submitted to: Professor Raymond Queddeng Submitted by: Group 3 Alfabeto, Carmela Conos, Via Leal, Diva On: November 17, 2007 I. CASE BACKAGROUND Star River Electronics (SRE) was a joint venture company between Starlight Electronics Ltd., and an Asian venture-capital firm, New Era Partners. The company was based in Singapore, and was engaged into the manufacturing of CD-ROMs which it supplied to major software companies. The CD-ROM manufacturing industry grew rapidly in the mid-1990s due to the popularity of optical and multimedia products. Because of the emergence of small, but aggressive players,†¦show more content†¦Ã¢â‚¬ ¢ Any external funding needed is in the form of debt. †¢ Any other assumptions are based on the historical analysis of reports. †¢ To find the rate of interest of New Era Loan, multiply the borrowings of bond issue and short term borrowings to their rates then deduct the total of the two interest amounts from the total interest expense in 2001 (SGD7,818). The given interest rates are: a) 6.7% was computed as Prime Lending rate of 5.2% + 1.5% (City Bank); b) interest rate on bond issue was stated at 5.75% which is paid semi-annually. The interest expense attributed to the New Era loan of SGD10,000 is a balancing figure. The interest rate to be used for all short-term borrowings should be 7.58%.. 3. What is the company’s sustainable growth rate based on the projections for 2002 and 2003? Is the company growing beyond its financial capabilities? Based on the company’s 2001 performance, the computed sustainable growth rate is at 10.95%. This means that the forecast 15% sales growth per year for 2002 and 2003 is above the maximum growth rate that SRE can maintain without resorting to additional borrowings. Given this, it can be surmised that if SRE is compelled to target this annual growth for the next two years, then it will have to be prepared to increase the level of its short-termShow MoreRelatedStar River Electronics Ltd.1582 Words   |  7 PagesSTATEMENT OF THE PROBLEM Star River Electronics Ltd. is a large manufacturer and supplier of CD-ROMS. It was founded as a joint venture between New Era Partners and Starlight Electronics Ltd. It has enjoyed a great deal of success in the past decade, due in large part to their excellent reputation. Star River does need to address several issues with the recent resignation of their former CEO. Digital Video Disks are expected to cut into the CD-ROM market in the very near future, and with only 5%Read MoreCase 26 - Star River Electronics Ltd.1419 Words   |  6 Pages Muhammad R.K. Chishty Advanced Corporate Finance 2 March, 2015 Case 26 – Star River Electronics Ltd. Introduction Star River Electronics is a joint venture between England’s Starlight Electronics Ltd. and an Asian venture-capital firm, New Era Partners. Star River Electronics is based in Singapore, and its mission was to manufacture CD-ROMs as a supplier to major software companies. Star River Electronics has gained fame in the industry for producing high quality discs. As the opticalRead MoreCase Analysis of Star River Electronics Ltd.†4097 Words   |  17 PagesCase Overview: Star River Electronics Ltd. Star River Electronics Ltd. is a large manufacturer and supplier of CD-ROMS based in Singapore. It was founded as a joint venture between an Asian venture capital firm, New Era Partners and Starlight Electronics Ltd, UK. It has enjoyed a great deal of success in the past, due in large part to their excellent reputation for producing high-quality discs. But due to recent emerge of Digital Video Disks (DVDs) Star River Electronics does need to faceRead MoreCase Analysis of Star River Electronics Ltd.†4084 Words   |  17 PagesCase Overview: Star River Electronics Ltd. Star River Electronics Ltd. is a large manufacturer and supplier of CD-ROMS based in Singapore. It was founded as a joint venture between an Asian venture capital firm, New Era Partners and Starlight Electronics Ltd, UK. It has enjoyed a great deal of success in the past, due in large part to their excellent reputation for producing high-quality discs. But due to recent emerge of Digital Video Disks (DVDs) Star River Electronics does need to face someRead MoreStar River Electronics Case Solution Essay3063 Words   |  13 PagesFlorida Atlantic University Star River Electronics Ltd. – Case Analysis Case Summary Star River Electronics is a joint venture company that has gained respect within the industry for producing high quality CD-ROMs to major software companies. In the mid 1990s, multimedia products created a high demand for CD-ROMs, allowing manufacturing companies of all sizes to enter the market. As a result, an oversupply ensued causing prices to decline as much as 40%. Star River survived a period of consolidationRead MoreAFIN832 Case study 1: Star River Electronics Ltd1888 Words   |  8 Pages  AFIN832 Case study 1: Star River Electronics Ltd     1. Assess the current financial health and recent financial performance of the company. What strengths and/or weaknesses would you highlight to Adeline Koh? From the ratio of profitability, the company had about 18% on operating margin, 16% on ROE, 8% on ROS and 5% on ROA in both 1998 and 1999. However, there was a downturn trend in profitability ratio in 2000. This could be the result of price competition because of the introduction of DVD manufacturingRead MoreBalance Sheet and Free Cash Flows1155 Words   |  5 PagesStar River Electronics Ltd. Team 14 Constantine Brocoum Courtney Delia Stephanie Doherty David Dubois Radu Oprea December 19th, 2009 Contents Objectives 1 Management Summary 1 Financial Health 1 Financial Forecast for 2002 and 2003 3 Key Driver Assumptions 5 Star River WACC 5 Free Cash Flows of the Packaging Machine Investment 7 Appendices 7 i. Objectives This report seeks to answer the following five questions about Star River Electronics Ltd.: 1. Assess the currentRead MoreEffects Of Star Bucks Coffee Shop And Management Plan1429 Words   |  6 PagesThis document is planed to provide an overview of risks that are involved with star bucks Coffee shop and the management plan to mitigate these risks before happening or minimizing the damaging effects of risks if they occur at all. It will start by defining risk and then identify, analyze and evaluate risks. It will grade risks based on its seriousness and likelihood of happening in the business. Then, plans to mitigate these risks will be created and implemented to minimize risks at any given stageRead MorePolitical Geography Of China1181 Words   |  5 Pagesthird lowest point in the world), while the highest point is Mount Everest at 8,848 meters (and ranks as the highest mountain peak in the world. Another notable feature is the Yangtze River (which, in Mandarin, is Chà ¡ng JiÄ ng, which literally translates to â€Å"long river†) which is 3,915 miles long and the third longest river on the planet. Chinese currency is called renminbi (which translates literally to â€Å"the people’s currency†), while their equivalent of a US dollar is a Chinese yuan. One Chinese yuanRead MoreInformation About The D Hotel1277 Words   |  6 PagesIn this report I would like to the information about The D Hotel because I have an interest in the hospitality industry, and it has become History and Introduction The D Hotel is a 4 star hotel in Drogheda that was founded in 2005. and is located next to the Scotchall shopping centre complex. The Scotchall complex itself is mostly modern in design, but incorporated the old building that was once Cairnes Brewery. Cairnes brewery was a major brewery in the 19 Century. The brewery became famous

Thursday, December 19, 2019

Being Released From Prison A Positive Outlook On Returning

Being released from prison can be very hard and often the released do not have much of a positive outlook on returning to their communities and staying out of prison. These ex-offenders often return to an area that is disenfranchised and they themselves have a strong sense of anomie and disconnect. This coupled with the lack of resources, skills, opportunities, family ties, health issues, and the now added stigma of a criminal record often leads them back into the lives they may want to escape. That is where prisoner reentry programs are able to come in and assist in the assimilation back into their community and society at large. These released prisoners need a helping hand to get back on their feet and to become a productive member of society. This is where prisoner reentry programs come in to the picture. The continued effective use of prisoner reentry programs has the potential to revamp the idea of rehabilitation and assist prison reform. Prisoner reentry programs are vital in helping ex-prisoners reintegrate back into their communities, lowering recidivism rates, and making the corrections system more cost effective. The focus in corrections should be shifted back toward rehabilitation using different reentry programs as well as being mindful of public safety. Topic Terms/Ideas There are a few main terms that will be used in this paper that all work together in measuring the population of offender that are imprisoned and released each year. These terms all connectShow MoreRelatedWhen Prisoners Come Home : Parole And Prisoner Reentry1404 Words   |  6 PagesSociety has often struggled with how to help prisoners once they are released back into civilization. The number of prisoners in the American prison population has grown considerably in the last couple of decades. For many prisoners the process of arrest, incarceration and release is a continuous cycle, there is very little hope of them living in civilization for a long period of time. There is also a high a retention rate of the returning offenders. A large portion of these prisoners are minorities ofRead MoreReturning Ex-Convicts Exiled Into Our Society. Imagine1628 Words   |  7 PagesReturning Ex-Convicts exiled into our Society Imagine having a next door neighbor is an ex-convict; which is defined as â€Å"a former inmate in prison† (ex-con). According to Bonita Veysey, the editor of How Offenders Transform their lives ‘‘This year, over 600,000 people will be released from prison, and many millions will be returning to their communities from shorter stints in jails’’(2). With this statement, would you feel comfortable continuing to live in your neighborhood? Or immediately packRead MorePunishment Vs Rehabilitation . Life Is Full Of Choices,1232 Words   |  5 Pageslevel of offence. This is what we call prison. We send people to prison to be punished, to prevent them from committing the crime again and to deter others from doing the same. Those are all valid reasons for incarceration, but I believe that after someone has broken the law, the optimal response should be attempting to help them turn away from their criminal lifestyle. There must be a consequence for breakin g the law, so trying to get rid of every single prison on Earth is just naà ¯ve; but I believeRead MoreLaw And Order Of The Justice System1253 Words   |  6 Pagesthey were to be sent to prison instead of a treatment facility. The U.S. has relied heavily on the sanction of using imprisonment as the major form of punishment in this nation. Rehabilitation is helping taking the strain off of a strain and stressed prison system. Treat programs are being established to help address the root of the problem and not just pacifier the situation. Education is a key tool that offenders need to successfully reenter back into society. The prison system is filled with aRead MoreThe Effectiveness of Prison Education Rehabilitation Essay example1627 Words   |  7 Pagesbut it is the best start to solving the large literacy rates of US prisons. Of course, it will require much hard work on the part of the prisoner getting out, and there may be a large percentage who do not desire to take advantage of such programs, but Americans should encourage and give these individuals tools to help them back into society. Pont sums it up best, â€Å"Our aim should be to propel offenders into, rather than away from, successful participation in the labor force† (23). Stimulation ofRead MoreEssay on Recidivism Rates3545 Words   |  15 Pagesdifficult to do. Those in prison have it even harder, not only do they lack the necessary education; they also have a criminal record as well. However, by providing them a better education while they are in prison can provide them with a better chance at finding a job. The recidivism rates come into play when looking into providing an education to prisoners. Recidivism rates are the rates that â€Å"refers to the relative number of prisoners who, after being released, return to prison or jail because theyRead MoreA Successful Reintegration Of A Rehabilitated Offender1643 Words   |  7 Pagesinstitution where you are serving out your time. Such programs include obtaining a GED, being of trustee status which means you are an inmate that shows capability of cleaning up after others; your peers. In order for Parolees’ to have a successful integration â€Å"On April 9, 2008, the Second Chance Act was signed into law. The purpose of this act was to improve outcomes for people returning to communities from prisons, jails, and juvenile’s detention facilities. This federal legislation authorizes grantRead MoreThe Connection Between Psychotropic Drugs And Criminal Justice5455 Words   |  22 Pagesthey suffer from a mental illness and are taking some form of that Selective Serotonin Re-Uptake Inhibitors (SSRI?s) medications. The government, media and also big pharmaceutical companies (BIG PHARM) are aware of the link and consistently sweep the facts under the rug for their own reasons. During the ?testing? phase of a drug the side effects that SSRI?s have were discovered however the companies chose to hide these facts for some reason or another. Other facts that were hidden from the FDA asRead More A Room With A View by E.M. Forster and The Remains of the Day by Tovah Martin3993 Words   |  16 PagesSuppressed emotions are released and she discovers a maturity, independence and strength of character which allow her to analyse and perceive individuals in a new light. She has the audacity to challenge Mr Eager, who finds it intolerable that she should disbelieve him. Lucy and Charlotte face initial disappointment with the views from their rooms. They had been promised south rooms with a view but had north rooms overlooking a courtyard. This dull, uninteresting outlook reflects Lucys upbringingRead MoreResource Library Analysis2798 Words   |  12 Pagesof the following populations: adults, individuals with criminal records, and military veterans. Adults today change careers for a variety of reasons. Per the U.S. Department of Labor (2016), 3.2 million workers were displaced between 2013 and 2015 from occupations they held for at least 3 years due to downsizing, lay-offs, injury, or loss of position. Other adults choose to transition employment in an effort to find careers which provide more personal satisfaction or better suit their changing life

Wednesday, December 11, 2019

Human Factors in Aviation free essay sample

Human Factors Engineering Institution: Embry-Riddle Aeronautical University Course: Human factors in Aviation year: 2010 This paper discusses Human Factors Engineering involved in the evolution of Airline Aviation. A detailed description of the basic fundamentals and characteristic of human factors and its impact on the airline industry is needed in order to understand its influence. Human factors in the airline industry are a concept that has been studied since its inception of Flight. Man made inventions are always subject to some type of human related failure, powered flight is no exception. History indicates that human factors engineering concerns were normally addressed too late, contributing significantly to the well known automation problem in commercial aviation. Human factors engineering provides the opportunity to; develop or improve all human interfaces with the system; optimize human / product performance during system operation, maintenance, and support; and make economical decisions on personnel resources, skills, training, and costs. Since the inception of the aviation era, human factors engineering has become ncreasingly complicated concept to master due to the introduction of new inventions and the advancement of new technologies allowing aircraft to fly farther and faster more efficiently than ever before. We will write a custom essay sample on Human Factors in Aviation or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Human Factor in Engineering is the application of human performance principles, models, measurements, and techniques to systems design. To utilize the goal of human engineering is to make as perfect as possible systems performance by taking into consideration during design the physical and cognitive capabilities and limitations of the human aspect. With greater workloads orced on pilots as fleets modernize, the reality of exceeding the workload limit has become apparent. Human factors are human physical, cognitive, or social properties that interact in a crucial or unsafe manner with technological systems; the natural human environment, and organizations, and can be taken under consideration in the design of ergonomic of the oriented equipment to alleviate these workloads. The from psychology, engineering, industrial design, statistics, operations research. Despite rapid gains in technology, humans are ultimately responsible for ensuring he success and safety of the aviation industry and human factors engineering plays a significant part in its success. The identification of human factors usually depends on possible negative or positive impact on the functioning of liveware-liveware and liveware-hardware. The changeable nature of the Human Factor in Engineering is a continual pursuit of perfection.

Wednesday, December 4, 2019

Stop Writing for Everyone Why You Need to Establish Your Writing Niche

I talk to a lot of writers in my line of work. Through all of my conversations though, one thing I’ve noticed is that many writers do not see the advantage of establishing a niche. The usual argument is that they don’t want to limit the number of opportunities available to them. While I can understand the desire to want to get as much work as possible, I think finding a niche is a huge opportunity rather than a limitation. I’m not saying that writers shouldn’t be adaptable. But if you can be especially strong with one or two types of writing or an expert on a few select topics, your value to clients can significantly increase. It might seem counter-intuitive, but you’ll have more success if you narrow your focus to a few particular niches. Here are just a few benefits of focusing on a writing niche 1. You’ll Develop a Stronger Portfolio While it’s natural to want to grab as much work as you can, being a jack-of-all-trades can have its downsides. Your portfolio may seem scattered to potential clients who are looking for something specific in their niche. Additionally, a portfolio that represents you as a generalist can keep you stuck in areas of writing that you’d prefer to leave behind. If your portfolio still features your articles on home improvement while you’re trying to break into the field of science writing, you’re probably going to still attract more clients looking for content about roofing. A cohesive portfolio that represents work in your chosen niches will make you more appealing to the clients you want in addition to being able to produce higher quality work more easily. Time is money and every hour you spend vying for new work or learning a new client’s style is time you could have spent writing. If you can build up a loyal client base that keeps coming back to you with assignments, you’ll find it easier to maintain a steady income and you’ll have better luck negotiating rate increases as time goes on. 3. You’ll Have More Opportunities to Create Unique Content Becoming a leader within a niche can help you stand out. The more writing you do in your chosen niche, the more you establish a reputation as someone who can write with ease on those topics. This type of reputation helps you gain more quality clients. If you’re a content writer who focuses on real estate financing topics, potential clients who are looking for a writer are much more likely to want to hire a specialist. 4. You’ll Enjoy Your Work More If you’re lucky enough to become established in a niche you love, it won’t feel like a burden to do your research or stay on top of industry trends. That enthusiasm will show in your work and clients will appreciate your passion and enthusiasm for your area of interest. 5. You’ll Make More Money Specialists earn more money than generalists. This is true in the worlds of medicine, law and consulting, and writing is no exception. Your in-depth, specialized knowledge and experience has real value and clients are going to be willing to pay for it. It’s Up To You To Take Charge Casting a wide net may seem like the safest way to pay the bills as a writer, but it’s likely not the best bet for long-term success. Establishing a niche can help you develop your professional reputation, attract more loyal clients and command better rates. If you haven’t already, think about some possible areas you might want to focus on, and start building your brand as an expert writer.