You work in the corporate controller's office for Sharpe Glassworks, Inc. Sharpe manufactures 12 ounce beer bottles for smaller breweries who lack the scale or vertical integration to make their own. The bottles are sold to brewers by the case, at prices generally ranging between $25 and $28 per case, and there are 100 bottles to a case. Required:
What would be the direct materials standard cost?

Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.

Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805

Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)