Memorandum To: Blaine Kitchenware Inc. Board of Directors CC: Mr. Victor Dubinski From: Date: 1/13/2013 Re: BKI stocks repurchase To review Blaine Kitchenware Inc.’s (BKI) current debt‚ equity and leverage levels with respect to the highly advisable repurchase of 14 million shares of stock at $18.50 per share and the related‚ necessary financing. BKI is currently highly over-liquid and under-levered. The firm can anticipate elevated tax rates due to the lack of debt held. BKI has also
Premium Balance sheet Asset Stock
Reflective Statement Introduction In recent decades‚ accounting education has been criticised for failing to provide graduates with necessary skills applied in the workforce. Such skills are demonstrated not only specialist knowledge‚ but also generic and professional skills for employment. As the increasing number of accounting graduates leads to an intensely competitive environment‚ broader range of generic and professional skills are required by employers. Since I have begun to study accounting
Premium Learning Financial statements Skill
Grafica Inc.: Winning the New Jersey Lottery Designing and Managing Integrated Marketing Communications 14/12/2011 Marketing Submitted By Group-4‚ EXECUTIVE SUMMARY Grafica Inc. was an advertising firm started my Ms Debra Taeschler in 1986 with her colleague‚ working in Landmark Associates and her husband John Taeschler. By 1998 Grafica had grown in full-service advertising agency. It was located in Chester New Jersey and it was particularly well-known for its expertise in integrated
Premium Advertising Marketing
Continental Airlines Inc. Analysis Strategic Management Vision Statement Continental Airlines Inc. seeks to lead its industry in superior customer service‚ innovative technology‚ employee satisfaction‚ and environmental advances‚ at home and abroad. Mission Statement At Continental Airlines Inc.‚ we strive to obtain excellent customer service and satisfaction through technological advances in on-line bookings and e-ticket purchases. We have strict security measures to ensure our
Premium Airline Lufthansa Los Angeles International Airport
Redistribute Asher Farms Inc. C a s e 2.4 PROFESSIONAL STANDARDS Relevant professional standards for this assignment are AU Section 310‚ “Appointment of the Independent Auditor‚” AU Section 311‚ “Planning and Supervision‚” AU Section 312‚ “Audit Risk and Materiality in Conducting an Audit‚” AU Section 314‚ “Understand the Entity and Its Environment and Assessing the Risks of Material Misstatements” and AU Section 316‚ “Consideration of Fraud in a Financial Statement Audit.” QUESTIONS AND SUGGESTED
Premium Risk Generally Accepted Accounting Principles Chicken
Universal Electronics Inc. Universal Electronics‚ Inc. was founded in 1986 and is currently headquartered in Cypress‚ Ca with 1‚843 employees. UEI sells pre-programmed universal wireless control products‚ including remote controls‚ wireless keyboards‚ and gaming controls in the USA‚ Europe‚ Australia‚ New Zealand‚ South Africa‚ the` Middle East‚ Mexico‚ Asia‚ and Latin America. With the development of software and firmware‚ the company’s devices can virtually control all infrared capable televisions
Premium Financial ratios Financial ratio Revenue
Friendly Cards‚ Inc. Statement of the problem: Amy McConville‚ a friend and financial consultant of Wendy Beaumont‚ the president of Friendly Cards Inc.‚ needs to come up with some suggestions concerning the financing of Friendly’s expansion. Amy has been doing research on the firm and money is tight right now. The cost of financing growth right now is high and Friendly Card’s is projecting 20% growth in sales next year and even more the following year. The company has never been without
Premium Balance sheet Generally Accepted Accounting Principles Asset
Jack Greenberg‚ Inc. 1. Family owned business is a business that is owned by one family‚ most of the shareholders are from the same family. One of the major problems in this type of business is a conflict in interests among the family’s member. The auditor should be careful and observe the type of the relationship among the family’s member. There should be a written agreement to specify rights‚ duties‚ and obligations for each member‚ the auditor should read those documents for further information
Premium Audit Internal control Public Company Accounting Oversight Board
Filter Innovations Inc. Filter Innovations Inc. (FII) was created by John Dragasevich in 1992. It was based out of Toronto‚ Ontario and supplied small industrial water filtration systems and environmental products. It focused mostly on projects that required processing below 1 million litres per day. This was because competing companies were more interested in projects that required processing above 1 million litres per day. Problem Statement The problem Dragasevich faces with FII is that
Premium Revenue Income statement Net income
yield rises 100 bp (1%) from 7.55% to 8.55%. What’s the new price? Rates fall from 7.55% to 6.55%. What’s the new price? 4. What is the formula for the PV of a single cash flow received n years from today? Calculate PV of each year’s CF from the Sleeping Beauty bonds. 5. Use the Excel Chart function to create pictures of: The “raw” cash flows from the Sleeping Beauty bond The present value pattern of the bond. 6. Use the NPV function in Excel to calculate the value of
Premium Bond Bonds