authority to accept the process on behalf of Harvestons or the Texas Securities Commissioner and the return of service does not show a valid manner of service. At last‚ the appellate court of Texas reverse the trial court’s default judgment and remand this case for further proceedings. Issues: (a) Did the return of service shows that process was delivered to someone other than the one named in the citation? (b) Did JoAnn Kocerek has the authority to accept process on behalf of Harvestons or the Texas
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Case Analysis- AstroTurf Lobbying AstroTurf Lobbying is a political organization or campaign that appears to be made up of grassroots activists. These organizations or campaigns are actually organized and run by corporate interests seeking to further their own agendas. The organizations are introduced with names that are made to disguise the group’s true intentions. There are many problems with AstroTurf Lobbying. AstroTurf Lobbying is an emerging issue that needs to be taken care of quickly
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AN EVALUATION OF THE INTERNAL CONTROLS SYSTEM FOR CASH FOR THE CASE OF NAIROBI SMALL BUSINESSES BY Nyaga Denis Macharia D33/6646/05 Nzovu Michael Fondo D33/7224/05 Zachary Gategi Maina D33/6216/06 Gitonga Lilian Wanjiku D33/7305/05 Sigei Ellyne Chepngetich D33/7295/05 A Management Research Project Submitted In Partial Fulfillment For The Requirements Of The Award Of Bachelor Of Commerce (BCOM)‚ School Of Business‚ University Of Nairobi
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A cash advance payday loan is defined by its name. It is a loan which is meant to be held only until the borrower’s next payday. This is not the type of loan is not meant to be used to purchase items such as houses or vehicles. These loans are meant for people who have unexpected financial responsibilities and do not have the money until their next paycheck comes. Molly did not realize that she was behind with her gas bill and she let it go past due. She received a shut off notice in the mail and
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between a cash basis and accrual basis measure of performance. Why‚ in most cases‚ does accrual basis net income provide a better measure of performance than net operating cash flow? Explain the purpose of adjusting entries as they relate to the difference between cash and accrual accounting. Requirement 1 From the Liberty University on-line library I was able to obtain an article called “Cash vs. Accrual Accounting” (Cantu‚ October 2012). This articles gives examples of cash method and
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of declining sales‚ should Levi’s sell a brand to mass discount retailer‚ Wal-Mart? Executive Summary Quick! Name the first company that comes to mind for the following products: facial tissue‚ photocopiers‚ and jeans. Did you answer Kleenex‚ Xerox‚ and Levi’s? I bet you did. The #1 apparel brand for brand awareness and recognition‚ “Levi’s” is virtually synonymous with “jeans.” In the past several years however this strong brand recognition has failed to translate into sales growth and in
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Internet Mini Case #1 Eli Lilly & Company Maryanne M. Rouse A LEADING U.S. PHARMACEUTICAL COMPANY‚ ELI LILLY AND COMPANY (LLY) PRODUCED a wide variety of ethical drugs (approximately 94.2% of 2003 revenues) and animal health products (just over 5.8% of 2003 revenues). The company history began with Colonel Eli Lilly‚ a Union officer in the Civil War‚ who invented a process for coating pills with gelatin. Lilly’s principal activities were to discover‚ develop‚ manufacture‚ and market pharmaceutical-based
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Rana Ahmed 900100959 MGMT 480 Dr. Mohamed Hatem 1st of March Case 1 Wave Riders Financial Ratios Needed to Analyze the Case: 1. Quick Ratio: (Current assets- Inventory)/Current Liabilities a) 1990: (1300-900)/483= 0.83 b) 1991: (1330-870)/512= 0.90 c) 1992: (1480-980)/595= 0.84 d) 1993: (1585-985)/680= 0.88 e) 1994: (1792-1242)/723= 0.76 2.Current Ratio: (Current Assets/Current Liabilities) a) 1990: 1300/483= 2.69 b) 1991: 1330/512= 2.59 c) 1992: 1480/595= 2.48 d) 1993: 1585/680= 2.33 e)
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control framework used to conduct its assessment of internal controls. Discuss the options in selecting a control framework. Regarding the control framework‚ the SEC has made specific reference to COSO as a recommended model. Furthermore‚ the PCAOB Auditing Standard No. 5 endorses the use of COSO as the framework for control assessment. Although other suitable frameworks have been published‚ any framework used should encompass all of COSO’s general themes 24. Prior to SOX‚ external auditors were required
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1. Describe the situation of the Lehman brothers from an ethics perspective. What’s your opinion of what happened here? Lehman’ executives exploiting loopholes in the accounting standards to manipulate their balance sheet in order to mislead the investing public is the ethical issue that contributed to the company’s collapse. Lehman was able to clear vast amounts of unprofitable assets off of its balance sheet instead of selling them at a loss by using Repo 105. There was evidence that the chief
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