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Assignment 3 A New Strategy for Kodak

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TITLE OF ASSIGNMENT: CAPSTONE RESEARCH PROJECT
Accounting Capstone
EXECUTIVE SUMMARY
Durango Manufacturing Company will be formed as a medium-sized public manufacturing
company based in Colorado and specializing in custom cabinets for residential and commercial
market. The company CEO has an extensive knowledge and experience in the construction and
cabinet industry and is well-versed in supply chain management. However, the CEO’s limited
experience in financial management as well as creating value for the various stakeholder groups
is made up for by the fact that two of the other company founders have substantial knowledge in
the said areas.

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The company founders have been actively involved in the construction of luxury homes in
various capacities. In starting up Durango Manufacturing Company, the founders have felt the
need to expand their itinerary to a cabinet line which offers a broad selection of designs to
choose from, high-quality finishes as well as top-class organization and customer care.
The company seeks to meet customer needs by building a strong market position in the high-end
residential and commercial sectors.it projects revenues to grow substantially by 10% between
FY1 and FY5.By the end of five years, Durango Manufacturing Company aims to create an
organizational structure that will comply with SOX mandates for strong corporate governance
over the internal controls as well as an ethical environment.
The company owners have provided the capital to cover the start-up expenses. The company
currently seeks a 5-year commercial loan to cover the operating expenses.
Company objectives
To be the leading cabinet supplier to luxury homes and commercial offices within the
region
To increase revenues by 10% over the next five years
Mission statement
To deliver high-quality products on time and within budget to ensure customer satisfaction.
Growth highlights

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COMPANY DESCRIPTION
Durango Manufacturing Company is a new company based in Colorado that will provide
expertise and highly-skilled quality workmanship in supplying cabinets to the residential and
commercial market to the standard specifications of architects, owners and construction
professionals.
Products
The cabinets are basically made up of two components:
The boxes and shelves which come in a kitset form and finished with custom veneers.
Doors, panels and drawer fronts that will be available in six custom designs with an
unlimited range of custom finishes.
All these components will be supplied by Home Depot and the finer finishing done at our
workshops by a team of highly skilled carpenters.

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