CHAPTER 19 CORPORATIONS 1. – THE NATURE AND CLASSIFICATION OF CORPORATIONS A corporation is a legal entity created and recognized by state law. It can consist of one or two persons identified under a common name. CORPORATE PERSONNEL When an individual purchases a share of stock in a corporation‚ that person becomes a shareholder and owner of the corporation. Shareholder and corporations are liable. THE LIMITED LIABILITY OF SHAREHOLDER One of the key advantages of the corporate forms
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Case 5-1 Stern Corporation (a) Individuel Case Study After the controller of Stern Corporation had ascertained the changes in accounts receivable and the allowance for doubtful accounts in 1998‚ a similar analysis was made of property‚ plant‚ and equipment and accumulated depreciation accounts. Again the controller examined the December 31‚ 1997‚ balance sheet [see Exhibit 1 of Stern Corporation (A)]. Also reviewed were the following company transactions that were found to be applicable to these
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THE CENDANT CORPORATION ACCOUNTING SCANDAL BCOM21 TABLE OF CONTENTS ACKNOWLEDGEMENT ………………………………………………………… 2 INTRODUCTION …………………………………………………………………. 3 SUMMARY ……………………………………………………………………….. 4-7 COMPANY PROFILE …………………………………………………………… 8 THE OFFICERS INVOLVE …………………………………………………….. 9-15 DISCUSSION ……………………………………………………………………. 16-20 THE SETTLEMENT The settlement with Cendant ………………………………………… 21-22 The settlement with Ernst & Young ……………………………….. 23 THE BREAKUP ………………………………………………………………… 24 CONCLUSION
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Introduction This essay will try to explore the role of the Balanced Scorecard in today’s organisations‚ in particular in hospitality businesses. The research will start by exploring performance measurement and later will describe the basics of the Balanced Scorecard to finish with a practical example of the implications of not applying correctly a performance measurement system in a hospitality business. Performance measurement is described by Neely et al (1995) as the process of quantifying
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Starbucks Corporation By Oybek Salimov Outline Introduction…………………………………………………………………………………3 1. Background of the company…………………………………………………………..4 2. Starbucks’s expansion.………………………………………………………………..4 3. Risks associated with expansion………………………………………………………6 4. Capital structure of the company………………………………………...……………7 Conclusion…………………………………………………………………………………… 9 Reference ……………………………………………………………………………………10 Appendix …………………………………………………………………………………… 11 Introduction Globalization
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The Target Corporation‚ what used to be known as the Dayton Dry Goods Co.‚ is an American retailing company that was founded in Minneapolis‚ Minnesota‚ in 1902. In 1962‚ the first Target store was opened in Roseville‚ Minnesota. It is the fifth largest retailer by sales revenue in the United States behind Wal-Mart‚ The Home Depot‚ Kroger and Costco. The company is ranked 33rd on the 2007 Fortune 500. Target operates its retailing business exclusively in the United States. It is a rival with Kmart
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Contents INTRODUCTION 3 BALANCED DIET 4 FOOD GROUPS 5 CARBOHYDRATES 5 MAIN SOURCES 5 FUNCTIONS 5 ENERGY SUPPLY 5 PROTEINS 6 MAIN SOURCES 6 DIETARY IMPORTANCE (FUNCTIONS) 6 ENERGY SUPPLY 6 LIPIDS 7 PRINCIPAL SOURCES 7 DIETARY IMPORTANCE (FUNCTIONS) 7 ENERGY SUPPLY 7 VITAMINS 8 MINERALS 9 WATER 10 FUNCTIONS 10 DIETARY FIBER /ROUGHAGE 11 FUNCTIONS 11 PROBLEMS OF AN UNBALANCED DIET 12 MALNUTRITION 12 EFFECTS OF MALNUTRITION 12 CONSTIPATION 13 HEART DISEASE 13 OBESITY 14 STARVATION 15 Poverty 15 Over
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Investment in Subsidiary 15‚381.80 Cumulative Translation Adjustment 15‚381.80 Lee Corporation Statement of Changes in Stockholder’s Equity For the year ended on December 31‚ 2007 Common Stock Additional Paid-in Capital Treasury Stock Retained Earnings Accumulated Other Comprehensive Income Total Stockholder’s Equity Balance as of January 1‚ 2007 $500‚000.00 $1‚000‚000.00 $(200‚000.00) $225‚000.00 $1‚525‚000.00 Prior Period
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Brunswick Corporation (NYSE:BC Brunswick Corporation (Brunswick) is a worldwide designer‚ manufacturer and marketer of recreation products‚ including marine engines‚ boats‚ fitness equipment and bowling and billiards equipment. Brunswick’s engine products include outboard‚ sterndrive and inboard engines; trolling motors; propellers; engine control systems‚ and marine parts and accessories. The Company’s boat offerings include fiberglass boats; sportfishing convertibles and motoryachts; offshore
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Harnischfeger Corporation‚ a large New York Stock Exchange company‚ faced a financial crisis in 1982. New management was appointed to turn the company around and as part of its restructuring strategy‚ the new management team made a number of financial reporting policy changes and accounting estimates in fiscal year 1984. Listed below are all of the changes and analysis on whether they might be real earnings management activities. In addition‚ the effect of these changes on the company’s revenue‚
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