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Essay / Research Paper Abstract
A 6 page paper providing pro forma statements and a marketing focus for a company offering generic robotic applications to the auto maker industry in the US. When a single unskilled worker costs upwards of $100,000 annually, the cost of robotic applications is not so daunting. Generic applications that can be customized to the needs of an individual manufacturing site further increase the overall economic benefit, and it will be that point on which Applied Auto Robotics focuses in marketing its products to the entire industry, beginning with Ford and GM. Bibliography lists 4 sources.
Page Count:
6 pages (~225 words per page)
File: CC6_KSacctRobJV.rtf
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Unformatted sample text from the term paper:
auto industry continues to struggle, the former "big three" seek out increasing internal efficiencies, striving to reduce labor costs as well as increase manufacturing efficiency. An unskilled worker in
Jeeps oldest plant in 2002 was making $70,000 in salary alone, with the cost of benefits and payroll taxes additional (Siekman, 2002). All
of the leading automakers use robotics to some degree in many of their manufacturing operations; many of those robotic assemblers originate with Applied Robotics and have been developed for customers
individual needs. The strategic marketing company, Applied Auto Robotics, and Applied Robotics have created an alliance through which they will market a general-purpose series of robotic assembly aids.
The purpose here is to provide expected outcomes. Industry and Pro Forma Income Statement Nearly all of the auto industry is dealing with
immense challenges. The stock of Toyota and Honda performs much better than that of GM and Ford, as can be seen in Figure 1. Table 1 provides an
overview of the industry in the US. Table 1. Income Statement Percent of Sales 2008 Percent of Sales 2007
Sales 100.00% 7,139,826 100.00% 6,610,950 Cost of goods sold 62.00% 4,426,692 64.00% 4,231,008 ---------------- ---------------- Gross profit 38.00% 2,713,134 36.00% 2,379,942
---------------- ---------------- Administrative Expenses 33.62% 2,400,302 33.21% 2,195,591 EBIT 4.38% 312,832 2.79% 184,351 Interest expense 0.56% 40,024 1.08%
71,491 Interest income 0.00% 55 0.01% 696 ---------------- ---------------- Profit before-tax 3.82% 272,863 1.72% 113,556 Income tax tax rate 26 % 0.70% 50,055
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