Skip to content
FeatherEssaysFeatherEssays
FeatherEssays
Expert Essay and Academic Writing Services
1-343-433-433-444support@featheressays.com

our-guarantee

  • HOME
  • ABOUT US
  • OUR SERVICES
  • HOW IT WORKS
  • FAQ
  • TESTIMONIALS
  • ORDER A CUSTOM PAPER NOW
  • CONTACT US
  • HOME
  • ABOUT US
  • OUR SERVICES
  • HOW IT WORKS
  • FAQ
  • TESTIMONIALS
  • ORDER A CUSTOM PAPER NOW
  • CONTACT US
August 18, 2017UncategorizedBy classhelp24@gmail.com [email if you need fresh paper done]

Referencing Styles : Harvard ASSIGNMENT QUESTION AND BACKGROUND INFORMATIONYou are an accountant working for the restructuring and insolvency firm Turnaround and Insolvency Business Experts (“TIBE”). Your supervisor has provided you with a file on Deluxe and Delicious WinesPty Ltd (“DDW”), a company that specialises in the warehousing and distribution of select wines that is experiencing financial difficulty. Samantha Smithers is Managing Director of DDW. She has approached TIBE as she is concerned t … View More ASSIGNMENT QUESTION AND BACKGROUND INFORMATION You are an accountant working for the restructuring and insolvency firm Turnaround and Insolvency Business Experts (“TIBE”). Your supervisor has provided you with a file on Deluxe and Delicious WinesPty Ltd (“DDW”), a company that specialises in the warehousing and distribution of select wines that is experiencing financial difficulty. Samantha Smithers is Managing Director of DDW. She has approached TIBE as she is concerned the DDW is trading whilst insolvent. She seeks your advice as to what options the company has, whether the company is likely to be placed in external administration and what actions (if any) should she take as the Managing Director of DDW. On receiving the DDW file you carried out some initial investigations of the company, including its operating environment and overall financial position. You have completed your investigation on 5 April 2017. Your investigations revealed the following information: DDW History and Business Model DDW is a small, family owned business, established by Samantha’s grandfather. For many years, the company has successfully operated a warehouse and distribution service for Australian producers of fine wine. There are three directors on the board of DDW: Samantha, her brother David Smithers and George Trinket who is a family friend and has worked for the company for the last 20 years. The company’s business model has been that the company purchases the wines directly from the wine makers, particularly the smaller, more elite,wine producers that were not able to warehouse and distribute their own products. Once purchased, DDW would store and then sell the wines to retailers at a margin of approximately 40% per order. In most cases this covered the costs of the order and a sizeable profit. Historically 80% of the orders were in the Brisbane and surrounds area with the remainder in various locations around Queensland and northern NSW. This business model has been successful in the past, but the company has been experiencing declining profits in recent years. Factors Impacting DDW Profitability Your general investigation has suggested the following factors have been impacting DDW’s profitability: • The company carries out its own distribution which carries fixed costs associated with ownership of transport trucks. Distribution staff are employed on a full time basis. Samantha estimates that the variable costs of distribution are $5-$35 depending on the location of the order. Increasingly, orders are being placed by customers outside Brisbane and surrounds, meaning that the variable costs are escalating. • Customers having indicated that it is often cheaper for them to purchase the wines via internet services, such as eBay, and often with a faster turnaround on orders. • There is a competitor company that operates a similar business in Sydney. This company appears to be increasingly focussing on distribution in the northern NSW area. DDW Financial Information • The company had been experiencing a high turnover of administrative staff, particularly in the accounting department. Therefore, it was difficult to determine accurate financial information. However, your investigation established that the company had the following assets and liabilities: You are required to: Provide a memorandum of advice to your supervisor, Ms Jennifer Jones, on the following: 1. Whether the facts provided indicate that the company is insolvent. I

Request A Fresh Paper Done For You!You are guaranteed plagiarism free paper within 3-8 hrs
About the author

classhelp24@gmail.com [email if you need fresh paper done]

What are you looking for?
Visit
  • HOME
  • ABOUT US
  • OUR SERVICES
  • HOW IT WORKS
  • FAQ
  • TESTIMONIALS
  • ORDER A CUSTOM PAPER NOW
  • CONTACT US
Happy Client Quotes
  • When I made the decision to seek help from you guys, I didn’t know I was making a choice that would positively change my life forever. I am so much more confident with my ability to go to work and still be able to finish my research paper on time. The research you guys did for me was great and I was highly awarded for it. I mean, all along I was having difficulty managing my time. It was so hard to decide what I ought to give priority, work or research? Thanks to you guys I can now go to work without worrying too much about how great my research should be. I am still the same person, just to be sure, but with lot of skills and ability, courtesy of feather essay. I wish you guys were around 30 years ago when I started doing research while still in school. Great research paper, thanks feather essays.

    Scott Williams, Chicago
  • Feather essays is awesome, really. I can’t just say enough about how well their services are custom-made to meet students’ needs. I mean have been using other services from different websites with erratic degree of satisfaction, but this is way too perfect. I’m thankful their team understand all about essays requirement. I had an essay assignment due in two days so I had to seek for their help, at first I thought they wouldn’t be able to do it perfectly since it was the first time I was using their service. Well, I guess I was wrong. Another thing I also liked about feather essays is how they communicate with clients, so simple, they made me feel at ease even though I was under pressure. From my standpoint, their platform is very intuitive, and it’s pretty much dummy-proof. Thanks to you guys I passed, it’s really hard to recommend anything but feather essays for quality service.

    Joseph Levoh, Phoenix University
  • I mostly do silly mistakes in term papers and essays, and while going through the instructions I used to get stuck after a few steps. I must say I always get annoyed whenever this happened and I had started doubting if I will make it through college. I had lost confidence in myself, I felt uncomfortable and unmotivated in doing assignments. One day I was just going through the internet looking for help with my essay, I found out about feather essay. I was not really sure if they could help me, but considering my situation I decided to give it a try. To say the least, I’ve never regretted making the decision. They are amazing, they offer instant help on assignment and term papers, and whenever I come across any assignment with doubts, all I do is talk to them. They instantly help me with my essays and explain to me everything about it. Thanks to you guys, you help me save a lot of time and concentrate on other class work.

    Eleona Miller, New York City
  • I’d never sought out for help with my essays before, so I was a bit uncertain how to go about it. All this doubts disappeared as soon as I talked to feather essays. You guys took your time to comprehend what my short term and long term needs were, and perfectly lined up different options for me. Considering the fact that I needed a quick response and solution, the options you guys offered were so organized. I thought the steps involved could take up several weeks or days, but I was surprised when all it took was less than four hours. I guess as soon as the agreement was made, the worked started immediately. The way you delivered that essay showed me how top class service professional you guys are. For quick essays help, I recommend you guys. The best thing is that you understand when a client needs more time to think. Thanks to you guys.

    Laurette, Ohio
  • Quick Essay Help

    I’d never sought out for help with my essays before, so I was a bit uncertain how to go about it. All this doubts disappeared as soon as I talked to feather essays. You guys took your time to comprehend what my short term and long term needs were, and perfectly lined up different options for me. Considering the fact that I needed a quick response and solution, the options you guys offered were so organized. I thought the steps involved could take up several weeks or days, but I was surprised when all it took was less than four hours. I guess as soon as the agreement was made, the worked started immediately. The way you delivered that essay showed me how top class service professional you guys are. For quick essays help, I recommend you guys. The best thing is that you understand when a client needs more time to think. Thanks to you guys.

    Diana Ross, California
  • Unique service and quality work!!!Feather essays not only offer wonderful essays but also helped me pass with flying colors!! I could not also believe it. And what makes me love them more is how work is done instantly after ordering!!i will never worry about school essays anymore. Absolutely the best!

    Sasha Kelly, Cleveland
Recent Posts
  • Week 7 – Assignment: Integrate Waste Elimination Techniques into Training Development (10 Points)
    June 5, 2019
  • (Let professional handle your assignment. Get an A) Cloud Architectures Application
    June 25, 2018
  • (Let professional handle your assignment. Get an A) Cloud Architectures Application
    June 25, 2018
  • (Let professional handle your assignment. Get an A) Cloud Architectures Application
    June 25, 2018
  • (Let professional handle your assignment. Get an A) Cloud Architectures Application
    June 25, 2018
  • (Let professional handle your assignment. Get an A) Cloud Architectures Application
    June 25, 2018
  • HOME
  • ABOUT US
  • ORDER A CUSTOM PAPER NOW
  • FAQ
  • CONTACT US
  • TERMS & CONDITIONS
  • CHEAP AND AFFORDABLE PRICES
footer

Copyright © 2015 FeatherEssays