Star Essay example - 850 Words

Summarize the case in one or two paragraphs. Polar Sports, Inc is located in Littleton, Colorado where it manufactures fashion skiwear. The production of skiwear has a unique design where they use special synthetic material that improves insulation and durability. In order to develop market share in a competitive industry Polar Sports, Inc must develop new fabrics and use innovative patterns. Between September and January the company generates over 80% of sales and they depend on seasonal production to respond on time to customers orders. Throughout these months Polar Sports, Inc must quickly increase production by hiring and training additional workers, meaning that they often pay them overtime. There have been some concerns from†¦show more content†¦Due to the 30 days payment term the monthly payment of $495,000 will go to accounts payable for one month. Also, another factor to think about is that end inventory is calculated as; End Inventory=Beginning Inventory+ (Units Produced-Units Sold)* Cost per Unit. This means that under a level production the units produced is constant each month. Mr. Weir predicted that profits, inventories, accounts receivable and accounts payable would change as a result of a move to level production, however he was not sure about the overall impact on funds inflows and outflows would be. Also, another factor to consider is that there would be an increase in storage and handling cost. This will be deducted from net income in pro forma income statement. 3. Prepare pro forma income statement, balance sheets and cash flow statement to estimate the amount of funds required and the timing of the needs under level production. Does Polar need more than $4 million in short-term financing in any given month? Only pro forma balance sheet and income statement not cash flow 4. Think about the concern of Polar’s bank. As the banker, would you be willing to extend the line of credit of more than $4 million to finance level production? Why or why not? As a banker I would not want to extend the line of credit to more than $4 million because the risk of overall impact on fundsShow MoreRelatedThe Star Of Star Stars2166 Words   |  9 Pagesthis planet we live on. The star is one of these objects, sometimes we wonder how they maintain their brightness and attractiveness. The main sequence stars, red dwarf stars and white dwarf stars are some of these objects. The stages of each star are very different and have different variations of life. The life of each star varies being that the longest a star can survive is up to trillions of years. There are trillions of stars that sparkle in the sky and each star are very different from eachRead MoreStar Light, Star Bright...What Are Stars? Essay636 Words   |  3 Pagesself destructive explosions. Stars, through their violent birth to their even more violent death, manufacture the elements necessary for life. These giant balls of superheated gas begin their lives as nebulas, slowly evolving into the magnificent lights we see burning in the night sky and eventually dying by gravity, the same force that helped create them, scattering the plethora of elements they created across the universe, allowing life as we know it to occur. Stars are the source of human existenceRead MoreThe Sun Is A Star941 Words   |  4 PagesThe Sun is a star that is located at the centre of our solar system composed primarily of hydrogen and helium with smaller quantities of oxygen, carbon, neon, and iron. The sun keeps our planets in orbit due to its’ large gravitational forces and provides our planet with heat. There are many different ways in which stars can be classified, and The Sun is listed as a G-type Main Sequence star and is also known as a yellow dwarf. It is currently in a phase called the â€Å"main sequence† in which 4 hydrogenRead MoreStar History1314 Words   |  6 PagesThe life cycle of a star is dependent on its mass. The larger the mass, the quicker it will die out, whereas stars which are no more than half the size of our Sun can live up to hundreds of billion years. However no matter how large the star is, they all begin their lives in a nursery known as a molecular cloud. A molecular cloud is a giant condensation of dust and molecular gas. They are regions of relatively dense interstellar gas and dust with hydrogen molecules as well as carbon and silicateRead MoreThe Death Of A Star1241 Words   |  5 Pagesways, Stars are just like humans. They also go through astonishing stages, all leading up to its death. The death of a star will probably be one of the most beautiful and terrifying moments we wont get to witness. But our sun being such a key factor in our everyday life, is reason enough to know the importance of its life cycle and the process it will undertake as it begins to perish. But in order to understand how and why a star dies we first must ask ourselves: what exactly makes up a star? WeRead MoreNeutron Stars : A Neutron Star1885 Words   |  8 PagesNeutron stars are â€Å"an incredibly object made of neutron’s, like a giant atomic nucleus.† In the year 1934 two astronomers at CIT made predictions that a collapse of a large star or sun would produce a neutron star. When a star s mass exceeds roughly 1.4M and has a iron core. It is no longer able to support itself, the core collapse from exponential forces. This is referred to as a type ii supernova or a core-collapse supernova. These newly discovered neutron stars had notable characteristics.Read MoreThe First Generation Of Stars867 Words   |  4 Pageslook at the first generation of stars that give way to the universe. These stars, most likely from the late developing cluster of the first generation of stars, are strong evidence of primordial stars. Primordial stars are stars that are considered the original stars of the universe, and the precursors to the rest of the stars and celestial bodie s in the universe. David Sobral and his team at the University of Lisbon led the work in finding this cluster of stars in a bright galaxy, named COSMOSRead MoreThe Lifecycle of a Star Essay1338 Words   |  6 Pages‘There are more stars than all of the grains of sand on earth.’(Star Facts, 2005:1) Looking up at the sky on a vibrant night, the vision is naturally lit one with millions of vivacious, glistening stars. The tenacity of this essay is to explore the lifecycle of a star, thence, signify its manifestation in the universe. A fundamental part of our universe is stars. Hence, these miniature luminous forms are essentially very immense in magnitude and it is merely due to their substantial distance fromRead MoreThe Life of Stars Essay1030 Words   |  5 PagesStars are born within clouds of dust and swirling wind in our atmosphere. The turbulence within these clouds creates enough gravitational force between the gas and dust that it begins to collapse upon itself and becomes more dense and hot further into the cloud. The cloud continues to collapse, collecting dust and gas around the hot center which is called a protostar. (http://science.nationalgeographic.com) Protostars are not hot enough to emit visible light in their early stages, but emit infraredsRead More The Life of a Star Essay652 Words   |  3 Pages The Life of a Star One night while little Jimmy was out camping with his father, he asked his father how a star is made? And his father said there are high-mass stars, intermediate-mass stars, and low-mass stars. The life cycles of stars follow three general patterns each associated with a range of initial mass. Much like human beings stars have a life cycle, they go threw birth, evolution, and death. And little Jimmy said how is that possible? First the star must be born. Many astronomers believe