Overview of Quality of Earnings - Some Guiding Principles/Framework The issue of earnings quality arises because of the cost/benefit trade off between cash accounting and accrual accounting. For our purposes‚ we want reported earnings to do two things: 1) to accurately represent current operating performance 2) to aid in accurately forecasting future operating performance These requirements for high-quality earnings mean that the reported earnings amounts for a particular period
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Title: Can Pepsi’s mid-cal Next revive its cola category? (cover story) Authors: ZMUDA‚ NATALIE Source: Advertising Age‚ 4/4/2011‚ Vol. 82 Issue 14‚ p1-90‚ 2p Document Type: Article Subject Terms: PRODUCT launches MARKETING strategy NEW product development PEPSICO Inc. -- Marketing SOFT drinks -- Marketing COLA drinks Abstract: The article considers the product launch of the Pepsi Next brand soft drink by beverage industry firm PepsiCo scheduled for the summer of 2011. The soft drink
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Irrigation Matters Series No. 02/09 State of Urban Irrigation Demand Management - A Review Bhakti Lata Devi July 2009 BETTER IRRIGATIO N BETTER ENVIRONMENT BETTER FUTURE State of Urban Irrigation Demand Management – A Review Bhakti Lata Devi City of Sydney‚ Town Hall House‚ 456 Kent St‚ Sydney‚ 2000 Email: bdevi@cityofsydney.nsw.gov.au CRC for Irrigation Futures CRC for Irrigation Futures Irrigation Matters Series No. 02/09 July 2009 CRC for Irrigation Futures i
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Zeus Asset Management Inc Executive Summary Zeus Asset Management Inc is an asset management firm with more than $1.7 billion in asset under management. Zeus is well known for relationship-oriented that served both individual and institutional investors with the investment philosophy of believing that they could get a superior return over the long run using a conservative‚ risk-averse and quality-oriented approach. Zeus have been measuring it’s return in an absolute basis however Abbott demanded
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EPS Accounting Report: Development and Problems Earnings per share is the portion of a company’s profit allocated to each outstanding share of common stock. The computation of earnings per share is income minus preferred stock dividends divided by weighted average number of shares of common stock outstanding at the end of the period. Earning per share is considered to be the single most important metric to determine a company’s profitability which is crucial to the decision making of potential
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hundred and fifty years ago‚ in 1846‚ two natives of New England took the first step toward establishing an industry that has since become of national importance. Baking soda‚ which is a trade name for bicarbonate of soda‚ is now found in practically every kitchen throughout the country and is regarded a necessity by millions of Americans. It was first prepared for commercial distribution by two early New Englanders‚ John Dwight of Massachusetts and his brother-in-law‚ Dr. Austin Church of Connecticut
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SHAREHOLDERS: DIVIDENDS AND SHARE REPURCHASES 1. The optimal distribution policy strikes that balance between current dividends and capital gains that maximizes the firm’s stock price. a. True b. False ANSWER: True 2. Other things held constant‚ the higher a firm’s target payout ratio‚ the higher its expected growth rate should be. a. True b. False ANSWER: False RATIONALE: The higher the payout ratio‚ the less of its earnings the firm reinvests in the business‚ and the lower the reinvestment rate‚ the
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Case 4.4 Waste Management‚ Inc. Question 1 Three conditions are often present when fraud exists. First‚ management or employees have an incentive or are under pressure‚ which provides them a reason to commit the fraud act. Second‚ circumstances exist - for example‚ absent or ineffective internal controls or the ability for management to override controls – that provide an opportunity for the fraud to be perpetrated. Third‚ those involved are able to rationalize the fraud as being consistent with
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MGMT 489 High Performance Management Dr. BEN MAHDAVIAN Office Hours : MON-Wed 4:10 – 6:10 Phone: (323) 343-2890 (SIMP.724) Email: ben13311@sbcglobal.net Web Site: http://groups.yahoo.com/group/management489 Instructor’s biography: Dr. Ben Mahdavian holds M.B.A. degree in finance and doctorate degree in Public Administration. In his early career‚ he worked as Vice President of Finance for Don Baxter Laboratories. He was then promoted to the Board of Director as Chairman of
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Case 1 Paper products‚ Inc. Introduction Paper Products Inc.‚ a manufacturer of file folders‚ file markers and labels‚ and a variety of indexing systems‚ the products of PPI are of great quality and have no match with the competitors. The case basically revolves around a decision that is to be taken on a proposition offered by Office Center Inc. – a distributor of office supplies i.e. offering PPI to get into Dealer Branding‚ creating a product under dealers brand name similar to that of its
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