including carpet‚ had undergone a major expansion in the past several years. In particular‚ the flooring department had expanded from 2 installation crews to an installation supervisor‚ a measurer‚ and 15 installation crews. During a recent year‚ the company got 50 complaints concerning carpet installation. The following data contained in the file furniture.xls represent the number of days between
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Date: 2/19/14 To: CEO of LOL From: Auditor Re: The realization and valuation of DTAs Mr. CEO: The following paragraphs explain why a valuation of temporary taxable differences is necessary and how‚ with the guidance of the Accounting Standards Codification (ASC)‚ we came to this conclusion. According to ASC 740-10-30-23‚ "The more negative evidence that exists‚ the more positive evidence is necessary and the more difficult it is to support a conclusion that a valuation allowance is not
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Clothing Company. During look through the financial statement‚ I find some of transactions and events have a few mistakes in your company‚ which conflict with accepted accounting theory and GAAP. There are some mistakes I will present: The company switched from FIFO to LIFO in accounting for inventory. The preceding year it had switched from the weighted-average method to FIFO. I think it is conflict with accounting theory. First‚ accounting method should not be changed year to year. The company should
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the company’s recent turnaround under Shelby Givens’ leadership‚ it is not on track to repay the Board for the money it lent 16 months ago. On March 24‚ 2010 a Board of Directors meeting is scheduled to discuss the strategic direction of the company. It is my understanding that Westlake Lanes is considering the following three options for its business strategy going forward: - Option 1: Convert Westlake Lanes into a “kid-friendly” venue with video and arcade games and a designated
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Dear Team Members‚ I anticipate that you all are fine and taking pleasure from your work at Byblos restaurant which is in Ultimate Resort and Spa.Since beginning‚ we are enjoying great client feedback‚ excellent customer service and have loads of satisfied customers. This is because of your hard work and enthusiasm to perform your individual tasks. I‚ as a Owner of restaurant‚ observed that cleanliness in our restaurant during closing timeis not top of things. As per our hotels food
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Case Study 2: Facquier Gas Company TLMT313: Supply Chain Management XXXX xxxx The case study link is provided below for the Case Study 2 Facquier Gas Company. Read and study the case and complete the questions at the end of the study. Use the case study outline below to assist you with your analysis. Questions should be answered using case study format. Ensure that you adequately explain the problem‚ describe alternative solutions and justify your recommendation. This exercise should
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Management & Organization |Case Study: Not Just Another Outdoor Company | Case Scenario The company we are discussing this time‚ based in Portland‚ Oregon‚ was the brainchild of a small group of executives who left big-time jobs at Patagonia‚ Nike‚ and Adidas. These individuals shared a belief that “in addition to generating a profit‚ companies have an equal responsibility to create
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Running head: CASE STUDY: MERCK & COMPANY: THE VIOXX RECALL Merck & Company: The Vioxx Recall Albert Balogun California Baptist University BUS 520A: Managerial Ethics Jim Bishop‚ PhD June 30‚ 2010 Merck & Company: The Vioxx Recall The issues involved in Merck‚ a pharmaceutical manufacturing company’s recall of one its products‚ Vioxx‚ is the effect of direct-to-consumer (DTC) advertising of prescription drug on the society public
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Southern Recreational Vehicle Company Case Study I. Background of the Study Southern Recreational Vehicle Company of St. Louis Missouri announced its plans to relocate its manufacturing and assembly operations by constructing a new plant in Ridgecrest‚ Mississippi. The firm‚ a major producer of pickup campers and camper trailers‚ had experienced five (5) consecutive years of declining profits because of spiraling production costs. The costs of labor and raw materials had increased alarmingly
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Catawba Industrial Company Assignment Questions and Memo Instructions 1. Is the company correct in its practice of not manufacturing standard model compressors on Sundays because of the accounting loss incurred on each unit? 2. The compressor department and its manager are evaluated based on profit. Compute the compressor department profit with and without Sunday production. 3. If Marge McPhee decides to manufacture ten light-weight compressors each week and to sell them at a price of
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