Question
DYM is a small strategy consulting company in Dallas, Texas. Each year DYM hires 40 new graduates for the entry level Associate rank. Each Associate
DYM is a small strategy consulting company in Dallas, Texas. Each year DYM hires 40 new graduates for the entry level Associate rank. Each Associate on average spends 4 years before being considered for promotion. About only 50 % of the Associates, who come up for promotion move to the Manager rank. Each year, the company also hires 5 Managers from competitive consulting firms. A Manager (either hired or promoted within) on average stays in this rank for 6 years before being considered for promotion to Principal. At any point in time, how many Associates and Managers does the company employ? Show Calculation.Associates: _____________________ Managers: ___________________________
Consider the following financials information collected from the Income Statement and Balance Sheet of Sofas-R-Us, a furniture manufacturer in Greenbrier, NC. WIP = Work-in-Progress and FG= Finished Goods
Suppose the process flow times at the factory and the accounts receivables/sales organization remain unchanged, what would be the forecasted average inventory and accounts receivable for the following year? Show Calculation/ Explanation Average Inventory =_________ Accounts Receivable = ________
Net Annual Sales Cost of Goods Sold Average Inventory (WIP and FG) Accounts Receivable Current Year (in Million $) 300 200 50 Pro-Forma (Next Year) 250 ( forecasted) 125 ( forecasted) ? 60
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