Critique Paper: Case 3-1 Maynard Company October 8‚ 2013 Case Overview: Maynard had been surprised that the cash she had increased by $31‚677 yet her net income was only $19‚635. She asked a friend to help her find out what the reason was‚ so consequently she referred to the income statement and said that she could prepare one for Diane. Her friend also came up with the cost of sales figure which was $39‚345 for the month of June. Problem of the Case: Q1: Income Statement Revenue(Cash Sales
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C A S E 3 Asian Journal of Case Research 4(S): 27 – 44 (2011) Flight of Funds MOHD NOOR ABU BAKARa‚ MARIATI NORHASHIMb* AND ABDUL HAMID MOHAMED GHOWSc ABSTRACT In 2006‚ Malaysian Travels Sdn Bhd‚ a subsidiary of a public listed company‚ purchased 40% equity in Turkistan Global Services Sdn Bhd on the basis of a project paper which outlined a potential travel business to exploit opportunities in Turkistan. Turkistan Global Services Sdn Bhd purported to have acquired the opportunity through a Memorandum
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3.Segregatin of functions 3. C 4.Cancellation of documents C 5.Prenumbering of documents for accounting sequences C 6.Internal verification of documents C C C C C 7.Chart accounts C 8.Processing for procedures C 9.Monthly reconciliation of Accounts Payable Master file with the general ledger C Deficiencies* 1. 2. 3.
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Chapter 1 Case Questions 1‚ 2 & 3 1. How did Domtar’s strategies align with its mission? Explain your answer. For its overall strategy during the economic downturn‚ no matter how much its operations have been changed by time and technology‚ the enduring values remain to generate growth‚ excellence‚ and pride. Domtar was among the most cost-competitive papermakers in North America. Their strengths include the best workforce in the industry‚ efficient assets‚ high-quality products‚ strong brands
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Questions: 1. Do you think Wal-Mart is doing enough to become more sustainable? 2. What are the problems Wal-Mart has faced‚ and what has the company done to address them? 3. Why has Wal-Mart tended to improve performance while other retail outlets have been suffering financially? 1. Personally‚ I do not feel that Wal-Mart has done enough to become more sustainable. Although they have certainly set goals as a company‚ they are still in it for the bottom line. Everything I have read is about
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Have you ever dealt with constant misdirection while following the instructions from a Global Positioning System (GPS)? I have! Not only is it an annoyance to get lost‚ but you have to patiently wait for the machine to recalculate from your error and find the alternative path to get to your destination. Now‚ here’s a twist. What if your constant disorientation is not your fault‚ but the flawed navigation system that is getting you lost over and over and over again? The downfall to this situation
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Case Part 3 Report for the CFO There are several necessary journal entries that have been made to adjust the unadjusted trial balance. For Allowance for doubtful accounts: 1. In 2009‚ $ 58‚621.84 was directly written off to bad debt expense reflecting the amounts owed by customers who had gone bankrupt during the year. The journal entry would have been recorded as Dr Bad debt expense 58‚621.84 Cr Account receivable 58‚621
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Case Study 1: Kate needs to find a suitable care for her daughter Olivia. Kate’s day care centre does not operate extended hours. An alternative arrangement for Olivia would be to hire a Nanny. A Nanny can be employed by the family and can work on either a live-in or live-out basis to take care of Olivia. The advantages of hiring a Nanny are that the child will be getting a one-on one care and the care will be focused on her rather than a large amount of children. Another advantage of having a
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TUI CAPM &Sources for Capital Module 3/ Case 09/25/2012 FIN301 Dr. Jensen CAMP & Sources for Capital This is a two part report based on the Principles of Finance regarding CAMP and Sources for Capital. Included in this report will be the following information: Part 1: There will be scenarios that will be explained in regards to diversifiable or un-diversifiable. Part 2: American Superconductor Part 1 “For each of the scenarios below‚ explain whether or not it represents
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6-3 Case Study Strategic planning refers to a course of action for outlining organizational objectives‚ carrying out planning to achieve those objectives‚ and measuring the usefulness of those strategies (Kovner & Knickman‚ 2011). How will the organizational performance at Montefiore be measured? Performance measures are important for it improves communication internally among their employees and externally between the organization‚ customers‚ and stakeholders. After all‚ Montefiore effective communication
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