Ocean Carrier Case Study INDEX Case Background··························3 Dilemma································3 Scenarios under different tax rates and years ····························3 Alternative································5 Decision summary··························5 Appendix Ocean Carrier Case Study * Case Background Mary Linn of Ocean Carriers is evaluating the purchase of a new capesize carrier for a 3-year lease proposed by a motivated customer
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Case Study I Solution The following cost items are needed before a schedule of cost of goods manufactured can be prepared: Materials used in production: Prime Costs $545‚000.00 Less Direct Labor Cost $220‚000.00 Direct Materials Cost $325‚000.00 Manufacturing Overhead Cost: Direct Labor Cost/ Percentage of Conversion Cost: rounded to nearest dollar ( this is total
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Case Study 1: Apple 2008 1. Historically‚ what were Apple’s major competitive advantages? Apple’s major competitive advantages over its rivals‚ historically‚ were: (1) the pioneering of the personal computer market with its easy-to-use Apple II in 1978; (2) the introduction of the first graphical user interface (GUI) with the Macintosh in 1984; (3) the winning‚ powerful combination of Wozniak’s technical skills‚ Jobs’ entrepreneurial zeal and vision‚ and Markkula’s business savvy and connections;
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Auditing Chapter 3 Homework 3-27 a. These are the items that should be included in the auditor’s report: 1. Normal receivable confirmation procedures‚ although not used‚ should not be listed here since it was not material‚ and the auditor was able to gain a satisfactory opinion from the client’s use of them. 2. The change in the accounting method for long-term construction doesn’t need to be included here since it is discussed in the footnotes. 3. Lawsuits are normally included
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Ocean Carrier Case Study Summary In order to accept the recently submitted leasing contract proposal‚ Ocean Carriers would have to purchase a new ship. The purchasing of a new ship is a considerable investment. We have analyzed whether or not Ocean Carriers should make this investment using Free Cash Flow and Net Present Value (NPV) analysis. Given the details of the contract‚ the forecasted daily time charter rates‚ and the costs data; we have concluded that Ocean Carriers should not accept
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Auditing Theory 1. A control which relates to all parts of the EDP system is called a(n) a. Systems control c. Applications control b. General control d. Universal control 2. Which of the following is not an output control? a. Proper authorization of transaction b. Control totals c. Check digits d. Adequate documents 3. Should the auditor feel‚ after obtaining an understanding of the EDP internal control structure‚ that control risk cannot be reduced‚ he or she will a. Issue a disclaimer b. Issue
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CIS 500 - CASE STUDY – The Big Data Challenges by CIS 500 Professor: October 28‚ 2013 CASE STUDY 1 Introduction In year 2010‚ Volvo Car Corporation separated from Ford and integrated the cloud infrastructure into its network. They needed to build up a new individual Information Technology infrastructure that could provide better business‚ increase communication capabilities and improve collaboration. This paper is going to explicate how Volvo Car Corporation transforms data into
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(Galavan‚ Murray‚ & Markides‚ 2008). Kim and Mauborgne (2004) and Porter (1996) in their studies articulate the strategy as the process
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Measuring local content in manufacturing: A case study of paint manufacture in Nigeria Dr. Michael Warner – Local Content Solutions Eng. S.I.C. Okoli – Protective Coatings Manufacturers Nigeria (PCMN) Part 1 :A case study of paint manufacture in Nigeria Eng. S.I.C. Okoli – Protective Coatings Manufacturers Nigeria (PCMN) Part 2 : Measuring local content in manufacturing Dr. Michael Warner – Local Content Solutions Measuring local content in manufacturing: A case study of paint manufacture in Nigeria
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Room Enron and Madoffs Ponzi scheme: two scandals that changed U.S. history and prove just how weak the controlling mechanisms of developed economies are. Enron‚ the seventh largest company in the United States‚ was declared bankrupt in December 200 1 after its investment partnership proved to be masking a colossal mountain of debt (around $1.2 billion). Similarly‚ Madoffs company‚ Bernard L. Madoff Investment Securities‚ was associated with a $65 billion fraud ’ that affected around 4‚800 clients
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