Case Study Two Name Accounting and Finance 02Feb2011 Dear President of LJB Company‚ (1) If the LJB Company should decide to become a publicly traded company‚ a few internal controls should be implemented to comply with the Sarbanes-Oxley Act (SOX). * Management will need to provide periodic quarterly reports to evaluate the effectiveness and reliability of LJB’s internal controls over financial reporting procedures. * Management should certify the accuracy and fairness of presentation
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Case 6-2 Birch Paper Company Internal Environment • Medium sized‚ partly integrated paper company • Portion of paperboard output was converted into corrugated boxes by the Thompson Division • Four producing divisions and a timberland division to supply part of company’s pulp requirements • Divisions judge independently on basis of profits and return on investments • Decentralization successful‚ company’s profits and competitive position improved External Environment Customer/Supplier
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TUI UNIVERSITY Module 2 Case Assignment FIN301 - Principles of Finance Dr. Alan Harper March 5‚ 2011 Part I: A. Suppose your bank account will be worth $15‚000.00 in one year. The interest rate (discount rate) that the bank pays is 7%. What is the present value of your bank account today? What would the present value of the account be if the discount rate is only 4%? Present Value at 7% $15‚000/1.07=$14‚018.69 Present Value at 4% $15‚000/1.07=$14‚423.08 B. Suppose you have
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To: President of LJB Company‚ Thank you for selecting our firm to provide your company with an evaluation of your organizations internal control system. Internal control systems are vital in securing your organizations assets‚ it will limit the risk of fraud as well as misuse of your assets. Comprehending how to separate duties among your employees will aid in improving transparency as well as keep your company financially strong. Before the company decides to go public it is important to know
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LBJ Company: Internal Control Evaluation Accounting 504: Managerial Use & Analysis Case Study 2 Written by: 8/10/13 This evaluation is being presented as an assessment of the preparedness of the LJB Company to go public at a future date. By researching current regulations regarding publicly traded firms we hope to prepare for a smooth transition into the trading market. The Sarbanes-Oxley Act of 2002 (SOX) has established the following guidelines
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Apollo 13." NASA - Home. N.p.‚ n.d. Web. 2 Dec. 2011. <http://www.nasa.gov/mission_pages/apollo/missions/apollo13.html> Apollo 13 Review Board Encyclopedia Astronautica. "1970.06.13 - Apollo 13 Review Board publishes result of investigation.."Encyclopedia Astronautica. N.p.‚ n.d. Web. 2 Dec. 2011. <http://www.astronautix.com/details/apo27567.htm> Greene‚ Nick Harris‚ Charles E.‚ and Michael S. Pritchard. Engineering ethics: concepts and cases. 4th ed. Belmont‚ CA: Wadsworth Cengage Learning
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Chapter 2 Assignment Ryan M. Kethcart INFOST-491 SEC-OL Exercises 1. Consider the statement: an individual threat agent‚ like a hacker‚ can be a factor in more than one threat category. If a hacker hacks into a network‚ copies a few files‚ defaces the Web page‚ and steals credit card numbers‚ how many different threat categories does this attack fall into? a. Overall‚ I believe this attack falls into four major threat categories: deliberate acts of trespass‚ compromises to intellectual
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References: McCann‚ JE 1991‚ ’Design principles for an innovating company ’‚ Executive (19389779)‚ 5‚ 2‚ pp. 76-93‚ Health Business Elite‚ EBSCOhost‚ viewed 11 September 2011. Mathewson‚ F‚ & Winter‚ R 1997‚ ’Tying as a Response to Demand Uncertainty ’‚ RAND Journal of Economics‚ 28‚ 3‚ pp. 566-583‚ EconLit with Full Text‚ EBSCOhost‚ viewed 11 September
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Case 2. Healthy Foods‚ Inc. Healthy Foods‚ Inc. situation is a tough one. Profits‚ along with morale‚ are down. They have just recently broken off from their parent company and gotten a new president. Some of the policies and business practices they have in place aren’t working for them anymore. Healthy Foods has a line-forcing policy‚ which requires that any store wanting to carry its brand name must be willing to carry most of the 65 items in the Healthy Foods line. This policy‚ along
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Case Study 2 Springfield Express Instructions: Springfield Express is a luxury passenger carrier in Texas. All seats are first class‚ and the following data are available: Number of seats per passenger train car | 90 | Average load factor (percentage of seats filled) | 70% | Average full passenger fare | $160 | Average variable cost per passenger | $70 | Fixed operating cost per month | $3‚150‚000 | a. What is the break-even point in passengers and revenues per month? Break-even
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