University of Arizona Accounting 554 Case #1: Dow Chemical Company Goals: • • • Become familiar with a set of financial statements including auditor opinion and significant accounting policy footnote‚ Perform basic analysis and interpretation of the financial statements‚ including common size analysis‚ Recognize the role of estimates in the measurement of financial statement amounts. Refer to the Dow Chemical financial statements for 2008 in answering the following: 1. Who are Dow’s external auditors
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3. What should Darren Carrol do regarding the potential investment in Protagonist? One of the primary concerns that Darren and Lilly Ventures currently face is that no other U.S. investors are taking an interest in Protagonist. While they are conducting further research and trying to gauge why other U.S. firms are hesitant to invest‚ they need to consider if or when they will participate in a syndicate with only the interested Australia VSs they have found so far. Once they establish their own
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Second‚ the board wanted to force more objectivity into the performance evaluation system. Some board members believe that too many subjective bonus awards were being made‚ providing managers with bonuses even in years where their entity did not perform well. One effect of allowing subjective judgments was that bonus awards were only loosely correlated with the realized operating performances. Another effect was a lot of misspend time‚ as managers engaged in “politicking”. They tried to convince
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Presenting problem: Loretta and Bart come to you for marriage counseling. In the first session you see them as a couple. Loretta says that she can’t keep going on the way they have been for the past several years. She tells you that she would very much like to work out a new relationship with him. He says that he does not want a divorce and is willing to give counseling his "best shot." Loretta comes to the following session alone because Bart had to work overtime. She tells you that she has been
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Total Quality Management Case Study write up ( Case 4-1 : Ames Rubber Corporation: Realizing Multiple Benefits through Improved Quality ) Q1: Discuss the manner in which Ames implemented its Excellence through Quality program. Did the company place its emphasis in the right areas? Explain your answer. The process is designed to involve all Teammates in achieving a common goal - the full satisfaction of internal and external customer needs through total quality in every endeavor. The program
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Case 1 Yue Yue 1. What should Julie Carter know in order to design / start her sprouts business in 1970? What technology is suitable for organic food. What kind of food will be more polpular when it becomes more healthy. The right direction to develop food that can make it both healthier and taste better. The main consumers of products which cater to the needs of ages. The evolution of public cultural values towards what direction. Compared with the traditional agricultural‚what absolute advantagedoes
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Case: Woodmere Products Q: What are the major business propositions for Woodmere and HomeHelp to consider in evaluating this proposal? Is time-based logistics the right strategy for each company? An empowerment in both businesses is one of the main points in the proposal in other to expand the incentives and benefits. According to the proposal‚ both businesses will enable to reduce the total costs as well as providing to the customers the high quality of product accessibility. Within approving the
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! ! !"#$%& ’%()$*+‚% !"#$%& ’& ()*+‚-.*"&/$)‚0& (1*)2*&3*"0)#4& 526‚*)‚&3*))7*"8& 9*002:‚&;?@@A@@A>?& ! 1. In order to assess what went wrong in the relationship between Freqon and NordAlu it is important to identify where the problems began. When Freqon moved some of its aluminum components to other suppliers‚ for the new frequency converter model‚ without communicating it to Nord-Alu‚ the trust was seriously damaged. But we argue that the problems began earlier. As discussed by Ford et
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Alleviate Silo Effects ---Build a Healthy Enterprise. It can be said that effectiveness is jeopardized when interdepartmental conflict has happened in many enterprises. This phenomena extends to misunderstanding of each other‚ nonfeasance of department work and inconsiderate of the whole enterprise. As a result of those effective less actions‚ business lose time‚ money and quality. Also‚ it can be said that manager can not quickly responds when those conflict happen. The business hierarchy does
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Case # 5 under Armour - Challenging Nike In Sports Apparel Industry & Market: Kevin Plank‚ University of Maryland football player founded Under Armour in 1996. It generates new idea in the sports wear industry. Under Armour is the first creator of performance wears in the industry. They spread their market to USA‚ Japan‚ UK and Canada. They have around 6000 stores in USA and 2000 Stores in UK‚ Japan and Canada. External Enviorment The external analysis of the sports apparel will describe the attractiveness
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