Case Study #1: Green Valley Medical AEM 4570: Advanced Corporate Finance Name: Di Hu Net ID: dh583 1. What are the key elements of Green Valley’s strategy? a. What kind of hospital is it‚ and how does that relate to their overall strategy? Green Valley Medical Center is a nonprofit teaching hospital comprising of 330 beds affiliated with a large state university in a midsize town located several hours from the state’s two urban centers. It was the only regional hospital
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The Accounting Scandal Enron Corp. Collapse and WorldCom Accounting Scandal 11/18/2020 The Enron Corp. collapse Formed in 1985 from a merger of Houston Natural Gas and Inter-north‚ Enron Corp. was the first nationwide natural gas pipeline network. Over time‚ the firm’s business focus shifted from the regulated transportation of natural gas to unregulated energy trading markets. The guiding principle seems to have been that there was more money to be made in buying and selling financial
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Chapter 10 Auditing the Revenue Process SEC SAB101: Revenue recognition 1. 有persuasive evidence 有证据 2. Delivery occurred‚ service rendered，东西给了服务于需求 3. Price is fixed/determinable 价格固定 4. 有collectability钱收的回来 Fraud Risk in Revenue cycle: 欺诈风险 1. Side agreement: off-book‚ adjust record to entice customer 2. Channel stuffing: 填塞分销渠道，造成销售假象 inflate sales by forcing product through a distribution channel 3. Related party transaction: 实质重于形式原则substance over form是指企业应当按照交易或事项的经济实质进行会计核算，而不应当仅仅按照它们的法律形式作为会计核算的依据
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When Jeff Skilling took the major energy company Enron over‚ he contributed to the hiring and development of an entire corporation with a crooked staff whom were corrupt all the way from the bottom employees to the top executives. Top executives “cooked the books” through a certain structured finance including accounting ambiguities‚ special purpose entities‚ and poor financial reporting. They were able to hide billions of dollars in debt from failed deals and projects. CFO‚ Andrew Fastow and other
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Ratio: Total Debt Total Assets H. Times Interest Earned : Operating Profit Interest Expense I. Gross Profit Margin: Gross Profit Revenue J. Net Profit Margin: Net Income Revenue K. Return on Total Assets: EBIT Total Assets L. Return on Net Worth: Net Income Shareholder’s Equity M. Z-Score: Z = 1.2X1 + 1.4X2 + 3.3X3 +0.6X4 +1.0X5 X1= Working
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Name: Saadia Mazhar Class: MCOM Subject: Principles Of Marketing Assignment: Case Study Date: 01/11/2010 C A S E S T U D Y Question Number 1: Avon was selling its products for 112 years by using the motto “Ding Dong‚ Avon Calling” successfully. Demand of Avon’s beauty products was very high and selling was
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Chapter 1 The New York City Police Department‚ with a force of thirty-eight thousand members‚ is the largest and most recognized in the country. While it has been noted for its recent success in lowering crime‚ it has always been notable for its lack of morale. One of the key reasons for low morale is the lack of a viable recognition system for the entire force‚ especially the rank and file officers‚ spanning every department. What is remarkable is how important an improved recognition
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Stanislav Ivanov HOTEL REVENUE MANAGEMENT FROM THEORY TO PRACTICE Stanislav Ivanov HOTEL REVENUE MANAGEMENT FROM THEORY TO PRACTICE student 2014 Stanislav Ivanov (2014). Hotel Revenue Management: From Theory to Practice. Varna: Zangador. Page 1 of 204 First published 2014 by Zangador Ltd. Varna‚ Bulgaria; tel: +359 52 330 964; email: office@zangador.eu This work is licensed under the Creative Commons AttributionNonCommercial-NoDerivatives 4.0 International License. To view a copy of this
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Bcor 120: Principles of management Safa Manai Group 8 Case application 1: Goodwill Industries International 1/ Goodwill industries international is a non-profit organization that uses surplus revenues to achieve its goals through planning to obtain more donations‚ organizing by preparing plans and deciding how and when to use them‚ leading by motivating employees and encouraging them to work hard and controlling by monitoring the progress of the organization‚ making corrections and being responsive
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What Role Does Personal Ethics Play in an Organization In late 2001‚ the United States economy experienced a shock as Enron‚ the country’s 7th largest corporation‚ declared bankruptcy. Many people lost their jobs‚ and even more investors lost billions of stock dollars as shares collapsed. As the rubble was removed‚ many signs of unethical acts surfaced‚ and were found to be carried out by some of the principal parties in the company. This debacle not only affected the employees and investors
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