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Pages:
2 pages/β‰ˆ550 words
Sources:
4 Sources
Style:
APA
Subject:
Accounting, Finance, SPSS
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 9.36
Topic:

Fox Factory Holding Inc.’s Investment Alternatives

Essay Instructions:

Prior to beginning work on this assignment,
-Review Investor OverviewLinks to an external site. and Quarterly ResultsLinks to an external site..
-Read Chapter 1: Users of Accounting and Financial Information from Using Accounting and Financial Information: Analyzing, Forecasting, and Decision MakingLinks to an external site..
-Read Chapter 4: Management Decision Making from Accounting for business: Practicalities and strategiesLinks to an external site..
-Watch Finance for BeginnersLinks to an external site..
Each week you will learn new skills about finance and financial decision making. You will work on a case study analysis of a project proposal. You will submit a data-based, financially-sound recommendation in the final week (Week 6). From Week 1 to Week 5, you will work on the pieces that will help you to make the recommendation about the proposal in Week 6.
The Introduction section gives an overview of the Fox Factory Holding Corporation. You will play the role of the divisional manager of the new e-bike division of the company. The business plans to sell electric bikes to consumers in the US (note that this is a fictitious assumption for the case study). The product has been designed but is not yet in production. The divisional manager is preparing to request funding to introduce the product and begin sales. Three options have been identified:
Produce the new e-bike internally.
Outsource manufacturing to another manufacturer.
License the design to an existing company for royalties on future sales.
In your paper,
Summarize the company's financial information.
Summarize your perception of their outlook for the next three years.
Elaborate on the three potential options that will be evaluated in the case.
Evaluate two factors that might impact the decision to pursue each option.
Note: Please use the most recent Quarterly ResultsLinks to an external site. (Form 10-Q) published on the Fox Factory Investor Overview website. Please use the earnings announcement, for example: “Fox Factory Holding Corp. Announces Third Quarter 20XX Financial Results” for the relevant required information.
The Introduction to Key Company Issues paper,
must be 2–3 double-spaced pages in length (not including title and references pages) and formatted according to APA StyleLinks to an external site. as outlined in the Writing Center’s APA Formatting for Microsoft WordLinks to an external site. resource.
must include a separate title page with the following in title case:
title of paper in bold font
Space should appear between the title and the rest of the information on the title page.
student’s name
name of institution (The University of Arizona Global Campus)
course name and number
instructor’s name
due date
must utilize academic voice.
See the Academic VoiceLinks to an external site. resource for additional guidance.
must include an introduction and conclusion paragraph.
Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
For assistance on writing Introductions & ConclusionsLinks to an external site. and Writing a Thesis StatementLinks to an external site., refer to the Writing Center resources.
must use at least two credible, preferably scholarly, peer-reviewed sources in addition to the course text.
The Scholarly, Peer-Reviewed, and Other Credible SourcesLinks to an external site. table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source.
To assist you in completing the research required for this assignment, view Quick and Easy Library ResearchLinks to an external site. tutorial, which introduces the University of Arizona Global Campus Library and the research process, and provides some library search tips.
must document any information used from sources in APA Style as outlined in the Writing Center’s APA: Citing Within Your PaperLinks to an external site. guide.
must include a separate references page that is formatted according to APA Style as outlined in the Writing Center.
See the APA: Formatting Your References ListLinks to an external site. resource in the Writing Center for specifications.
References
Epstein, L. (2014). Financial decision making: An introduction to financial reports. Bridgepoint Education.
Website
Fox Factory, Inc. (n.d.). Investor overviewLinks to an external site.. Fox Factory Investor Relations. https://investor(dot)ridefox(dot)com

Essay Sample Content Preview:

Fox Factory Holding Inc.’s Investment Alternatives
Name
Institution
Course
Affiliation
Fox Factory Holding Inc.’s Investment Alternatives
Introduction
Fox Factory Holding Inc. is a company that deals in the design, manufacture, and sale of various performance-enhancing products that are used in various motorcycles, bicycles, and off-road vehicles. To this end, the company markets its products to original equipment manufacturers (OEMs) as well as directly to consumers. Fox Factory has been in operation since its establishment in California in 1978 and became a publicly traded company in 2007. This paper explores the financial performance of the company and presents three potential product options that the company should consider.
Financial Performance
From the latest financial filings, Fox Holding posted US$ 408.6 million in the fourth quarter of the financial year 2022. The figure represented a 19.4 percent increase in revenue compared to the revenues reported by the company in the fourth quarter of 2021. The gross profit from sales increased by 22 percent while the gross margin increased from 31.3 percent reported in Q4 2021 to 32 percent in Q4 2022. The realized net income was 13 percent of the sales revenue generated at US$ 53 million, translating to an earning per diluted share of US$ 1.25. The earning per share was a significant improvement from the $0.89 reported in a similar period in 2021. The operating expenses increased by US$ 10 million compared to a similar period last to US$ 74,2 million accounting for 18.1 percent of the sales.
Outlook
Based on the company's recent financial performance and the current market trends, the outlook for Fox Factory Holding Corporation appears positive for the next three years. The company is well-positioned to capitalize on the growing demand for high-performance suspension products and solutions across various industries. To this end, the company is keen to leverage technology to facilitate expansion into new markets and new categories. According to Fox (2022), the company has been making strategic acquisitions intended to enhance its competitiveness and expand its product offering. As evidenced by the latest finan...
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