David Shim Case Study #2 A) What is the break-even point in passengers and revenues per month? Unit CM = $160 – $70= $90 Unit of Sales = 3‚150‚000 / $90= 35‚000 passengers Unit of Sales = 35‚000 x $160= $5‚600‚000 revenue B) What is the break-even point in number of passenger train cars per month? Unit of Sales = 35‚000/63= 555.5= 556 passenger cars C) If Springfield Express raises its average passenger fare
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BUSI 600: Business Research Methods Liberty University Business research is defined as‚ “a systematic inquiry that provides information to guide managerial decisions” (Cooper & Schindler‚ 2011). The new president of an established company‚ which manufactures equipment and supplies within the dairy industry‚ finds the company to be inefficient and unprofitable. Using business research will be very beneficial to the new president. Using the steps of the research process‚ the president
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Case Study 2 - Sweats Galore ACCT 3121- Fall 2013 Due: Dec 4‚ 2013 The Business Situation After graduating with a degree in business from Eastern University in Campus Town‚ USA‚ Michael Woods realized that he wanted to remain in Campus Town. After a number of unsuccessful attempts at getting a job in his discipline‚ Michael decided to go into business for himself. In thinking about his business venture‚ Michael determined that he had four criteria for the new business: 1. He wanted to do something
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Case Study 2 – Internal Control TO: LJB Company President FROM: Accounting Firm DATE: August 12‚ 2012 SUBJECT: Internal Control It is with great pleasure that we can provide you information and advisement on internal controls that will assist LJB Company with going public. We understand that you have communicated your concerns and expect that this report will assist you with deriving conclusions. This report will: 1. Inform you of any new internal control requirements in reference to going
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Case Study Sergeant Robert Christopher Michael Woodruff Kaplan University CJ345 Supervisory Practices in Criminal Justice Professor Greg Ariza March 12‚ 2013 Case Study Sergeant Robert Christopher This report will be about a case study about Robert Christopher. He is a new supervisor on the night shift. He is having problems with the officer motivation and communication. This report will include information on how he can help to improve the officer’s motivation and the communication between
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Business Ethics: Case Study 2: Starbucks’ Mission: Social Responsibility and Brand Strength 1. Why do you think Starbucks has been so concerned with social responsibility in its overall corporate strategy? * Starbucks achieved social responsibility by taking steps to follow guidelines‚ minimize its environmental “footprint”‚ and became involved with the community. This is important to the company because ethical companies do better in the long run. Customers feel good about bringing business
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Case Study 2 – Internal Control The following are the internal control requirements a company who wants to go public needs to be put into place. INTERNAL CONTROL REQUIREMENTS Management’s Assessment Section 404(a) of the Act and the related rules adopted by the SEC require management to assess the effectiveness of the company’s internal control over financial reporting as of the end of the company’s most recent fiscal year‚ and to state in the company’s annual report whether the company’s internal
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Case Study 2-1 Assignment 1.) Do you believe Fortin was the victim of antiunion discrimination by her employer? Why or why not? No‚ I do not believe Fortin was the victim of antiunion discrimination by her employer. I believe that the employer should be allowed to punish Fortin for the work that was underperformed and not met to the expected standard. I believe that because this overlapped with Fortin’s involvement with the union events‚ this made her not have as much focus as should have on her
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Central Limit Theorem and Confidence Intervals Problem Sets Tiffany Blount QNT 561 September 7‚ 2010 Michelle Barnet University of Phoenix Central Limit Theorem and Confidence Intervals Problem Sets Chapter 8 Exercises: 21. What is sampling error? Could the value of the sampling error be zero? If it were zero‚ what would this mean? * Sampling error is the difference between the statistic estimated from a sample and the true population statistic. It is not impossible for the sampling
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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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