Pei Shan Liu Professor: David Hossain Accounting 495 10/1/2012 Case 08-1 Go With the Flow‚ Inc. 1. Insurance Settlement Proceeds According to ASC 230-10-45-12‚ the insurance settlement proceeds should be classified as an investing cash flow in the statement of cash flow. “All of the followings are cash inflows from investing activities: a. Receipts from collections or sales of loans made by the entity and of other entities’ debt instruments (other than cash equivalents and certain debt
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“Assess the merits and demerits of international licensing as a mode of entry into new markets” Disney does not have to produce t-shirts‚ USB sticks and even waffles with Mickey Mouse’s happy face on it. Instead‚ it can license the right to use its famous character to different companies around the globe and enjoy the hefty royalties‚ which in 2010 totaled 28.6 billion dollars (Rorie‚ 2011). Does it then mean that licensing as a mode of entry into foreign markets is the best option available?
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Case Study #1: STARBUCKS Seattle‚ Washington QUESTION #1 So‚ what does Starbucks need to do to return to growth and profitability? Should it lower prices? Should it expand its menu? What should be its strategy? In order for Starbucks to return to growth and profitability they should focus on the cost structure and tackle the net margin issue which would increase its Return of Equity and make a better use of its existing assets to increase its Return of Assets. A strategy of this would
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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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Case #1: Movies Why aren’t you going to the movies? No good movies Too expensive Bad experience Other ways to see movies Better things to do for the $ Better experience at home What would make you go back to the movies? Lower ticket price Food/beer Group discount Cheaper Loyalty/Reward Older movies Marketing (limited) Better location Better seats Better technology Better plots/TV Content Hit Books make movies from those No Ads Better Customer Service Tell people to be quiet if they are loud
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Questions & Answers: 1. Explain how Foreman’s 3-day course could positively influence the profitability of Albertsons? Answer: - The focus is on positive employee attitudes and the impact that it has on customers. Positive attitudes toward customer service may have an impact on profitability. 2. Johnston says‚ “Positive attitude is the single biggest thing that can change a business.” How valid and generalizable do you think this statement is? Answer: - Larry Johnston strongly believe
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CASE STUDY 1 BNSF Railway: Training New Hires for Safety In 2011‚ BNSF rolled out a plan to hire more than 4‚000 new employees – one of the most ambitious hiring plans ever for the company. Of the new hires‚ the majority of them (about 2‚400) are being hired into the company’s Transportation Group as conductors. The hiring is essential to fill vacancies due to retirements and to respond to the increasing business volumes BNSF is shipping. While these new people will help BNSF continue providing the
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References: Anthony‚ R.N.‚ Hawkins‚ D. F.‚ &Merchant‚ K. A. Accounting: Text & Cases 12th Edition‚ New York‚ NY; McGraw-Hill Irwin Publishing Company Datar‚ S.‚ Epstein‚ M.‚ & Yuthas‚ K..(2009). MANAGEMENT ACCOUNTING AND CONTROL: Lessons for and from the World ’s Tiniest Businesses. Strategic Finance‚ 91(5)‚ 27-34. Retrieved August
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to take on something ‘bigger and bolder’?? World Bank (2001) with its Urban Transport Strategy Review alleged that the public transport has a very poor image and reputation. It is associated with very low earnings and exploited crews. In the case of the Philippines‚ we see how ‘boundaries’ set by transport operators leads to the despicable behaviour of drivers‚ thus contributing to the negative image of the sector. Moreover‚ urban congestion‚ adverse environmental impacts resulting from the
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Case 1: Saffronart.com: Bidding for Success Identify the positive and negative effects of the general environment faced by Saffronart.com. Positive: India has become an international business major power of country now. Local works of art more popular in the international market‚ not only in India or the United States; it extends the size of the population may be interested in Saffronart art sales geography in the world. In economic areas: global positive macroeconomic trends‚ promote the
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