Sam Li Case: Jamaica Water Properties 1. Place yourself in David Sokol’s position. After discovering the suspicious items in JWP’s accounting records‚ would you have taken a different course of action than he did? Why or why not? I doubt if I can reach the position that David Sokol had in my career’s life. However‚ let say that if I was in David Sokol’s position‚ I would probably do the same thing David had done. I believe the proper working ethics are accountability‚ professionalism and
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Comprehensive Case 1.1 Enron 1. There were several parties responsible for the "crisis of confidence" created by the Enron debacle. Enron’s executives were responsible for their behavior in trying to adjust their financial statements. Andersen’s auditors were responsible for not doing their jobs with integrity and not keeping their independence in from Enron. Regulatory groups were responsible for making
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Article 1discusses how different estimates of equity value are obtained by researchers while using the discounted cash flow model (CF) and the Residual income (RI) model. It recognises the inconsistencies prevalent while implementing them. Francis et al (2000) use Value line estimates for finite forecasting periods. They conclude that RI is superior to CF. Courteau et al (2000) analyse whether different valuation models are same when a terminal value calculation based on price is used. They conclude
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Engagement Letter Apollo Shoes‚ This letter is to confirm our understanding of the terms and objectives of our engagement and the nature of the services we will provide. We will audit the consolidated balance sheet of Apollo Shoes as of year end 2007‚ and the related consolidated statements of operations‚ retained earnings‚ and cash flows. The objective of our audit is the expression of an opinion about whether your consolidated financial statements are fairly presented‚ in all material
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********************************************************************* PUMA Puma is a large German-based multinational company.The company is perhaps best known for its football shoes. In the United States‚ the company is probably best-known for the suede basketball shoe. it introduced in 1968. Point Of Parity (POP) Puma catagorize under high-end athletic shoes. Point Of Difference (PODs) Puma’s market consists mainly of customers who are interested in sports (soccer‚ basketball‚ skateboards and so on). These
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NOTE: The format on this paper has been messed with a little bit. Apollo 13: Fake or not? Jim Johnson English III Cheryl Hansen March 17‚ 2011 Apollo 11: Fake or not? Some people believe that the landing of Apollo 11 on July 20‚ 1969 was a hoax‚ lots of people say it was fake because the flag was waving and there is no wind on the moon. People say this flag was made of a hard substance‚ so that it would wave and look patriotic. The reason that they had this mission was only to have
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Movie Review: Apollo 13 The title of this movie is Apollo 13. This movie is a recreation of the horrific events that unfolded in space after a normal maintenance procedure‚ and the heroic and desperate efforts many people made to ensure that the astronauts made it home safely. At the beginning of the movie‚ Jim Lovell is notified that he and his team would be bumped up to the Apollo 13 mission‚ because Alan Shepard’s ear was infected. Lovell and his team were scheduled to be the commander
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distinctively visual connects an image with an idea. To illustrate the effectiveness of the distinctively visual in emphasising the ways that individuals respond to significant aspects of life‚ two uniquely Australian texts stand alone; the prescribed text The Shoe-Horn Sonata by John Misto written in 1996 and the epic 2008 film Australia by Baz Luhramm. Both texts deal with aspects of war and the importance of truth. Each text‚ whether it be a dramatised stage play or a film script‚ has a composer who has
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What are any related physical or money flows. The Order to cash process starts by receiving the sales order from the customer. Here‚ Fitter and snacker is our company which manufactures snack bars of two types – NRG A (advanced energy) and NRG B (Body building proteins). We have received an order to deliver 10 cases of NRG B bars to our client West hills athletic club from the storage location 300. The further process of order to cash in fitter and snacker is described as below: SALES ORDER
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they will be flying on Apollo 13 instead of Apollo 14. * Rising actions: 1. Lovell is informed that he and his crew will fly the Apollo 13 mission instead of Apollo 14. 2. Jim Lovell‚ Fred Haise and Ken Mattingly begin training for their new mission. 3. Ken Mattingly‚ who was exposed to measles‚ is replaced by backup Command Module Pilot Jack Swigert. 4. On April 11‚ 1970‚ Lovell‚ Haise and Swigert are suited up‚ secured inside the spacecraft.
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