Case 9 Enron: Questionable Accounting Leads to Collapse How did the corporate culture of Enron contribute to its bankruptcy? The corporate culture at Enron was centered on a twisted lack of ethical behavior based on greed and profit seeking. Top management set a tone in the workplace that encouraged risk and rule breaking in the name of revenue. Employees were compensated for unethical behavior that brought money into the company and terminated if they did not reach the monetary levels of
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Case 9-4 Trueblood Case 09-4 Solution Case 9-4 How should NeedsSpace account for the two obligations noted as provisions in the lease agreement? ● Provision 1: “Lessor may require the lessee to perform general repairs and maintenance on the leased premises.” By entering the lease agreement‚ NeedsSpace (the lessee) becomes legally and contractually responsible for performing general repair and maintenance on the leased premises. Assuming that the lessee is required to make deposits to financially
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342 Case Questions 1. In the questions associated with the BEC case at the end of chapter 9. you were asked to modify the entity-relationship diagram drawn by the Stillwater student team to incluse any other entities and the attributes you identified from the BEC cases review your answers to these questions and modify the relations in BEC figure 10-2 to include your changes. 2. Study your answer to question 1. Verify that the relations you say represent the My roadway database are
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Nike Case Answers– Spreading out to stay together 1. When Nike CEO Phil Knight stepped down and handed his job to Bill Perez‚ he stayed on as chairman of the board. In what ways could Knight’s continued presence on the board have created an informal structure that prevented Perez from achieving full and complete leadership of Nike? Answer: Informal structures are the set of unofficial relationships between organization members. Potential advantages of informal structures: ▪ Helping people
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1. What type of retailer is Best Buy? Best Buy Co.‚ Inc. is a multinational retailer of consumer electronics‚ home office products‚ entertainment software‚ appliances and related services. 2. Do you agree with the strategy Best Buy has adopted to respond to its competitors? Why or why not? Yes‚ I agree to the strategy that Best Buy has adopted to respond to its competitors. If I wanted to buy something as simple as a toaster I would go to Wal-Mart‚ but when it comes to buying high technical
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Lab 1: Low Nail Company |Scenario/Summary | After making some wise short-term investments at a race track‚ Chris Low had some additional cash to invest in a business. The most promising opportunity at the time was in building supplies‚ so Low bought a business that specialized in sales of one size of nail. The annual volume of nails was 2‚000 kegs‚ and they were sold
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Best Case Scenario cost times for(int i=0; i< arr[pos_min]) c4 n^2-1 pos_min = j; c5 0 if(pos_min != i) c6 n^2-1 temp=arr[i]; c7 0 arr[i]=arr[pos_min]; c8 0 arr[pos_min]=temp; c9 0 c1n + c2(n-1) + c3n^2 + c4(n^2-1) + c5(0) + c6(n^2-1) + c7(0) + c8(0) + c9(0) = (c3 + c4 + c6)n^2 + (c1 + c2)n - (c2 + c4 + c6) This is quadratic an^2 + bn + c --------------------------- Worst Case Scenario cost times for(int i=0; i< arr[pos_min]) c4 n^2-1 pos_min = j; c5 n^2-1 if(pos_min
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Wise Words for the Workplace There are no facts‚ only opinions. Problems that go away by themselves come back by themselves. Just because you’ve fixed a problem that doesn’t mean you’ve fixed the problem. Just because it works that doesn’t meant it’s right. Never mistake activity for progress. Whom you bad-mouth today will be your boss tomorrow. They will remember how poorly the job was done long after they’ve forgotten how quickly it was done. If you hang around long enough you’ll get somewhere
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Columbia River Pulp Company Inc. - Interest Rate Hedging Strategy Executive Summary Columbia River Pulp Company (CRP) owned and operated a world class kraft market pulp mill in Longview‚ Washington. The mill began production in 1980‚ after a two year construction period‚ and had a rated annual capacity of 385.000 metrics tonnes of bleached hardwood and softwood pulp. CRP sold their output on the open market‚ to paper products manufacturers in the Unites States‚ Mexico‚ Europe‚ and Japan. CRP
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Chapter 2 Case 1: Greetings Inc.: Job Order Costing Solution: 1. As seen in the case‚ using a traditional job-order costing system Wall Décor charges the actual costs of direct materials and direct labor to its specific jobs- unframed prints‚ steel-framed and no matting prints‚ wood-framed and mating prints. Since costs of manufacturing overhead related to production operations as whole‚ these costs cannot be assigned to specific jobs on the basis of actual costs incurred. Instead‚ Wall
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