Splash Corporation It was about survival: with little capital‚ a growing family‚ and uncertain socio-economic times‚ the Hortalezas embarked on a journey of self and spirit‚ despite the uncertainties. Submitted to: Mrs. Emily Dumalag Submitted by: Group 3 Jovelyn Penit Melissa Purisima Marc Ryan Macabali Jose Ramon Estacion Sanlee Rudavites Febie John Tomulto Michael Fullon Roldan Alingasa Overview The company started in 1985‚ when the newlywed physicians pooled a grand total
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CHAPTER 19 CORPORATIONS 1. – THE NATURE AND CLASSIFICATION OF CORPORATIONS A corporation is a legal entity created and recognized by state law. It can consist of one or two persons identified under a common name. CORPORATE PERSONNEL When an individual purchases a share of stock in a corporation‚ that person becomes a shareholder and owner of the corporation. Shareholder and corporations are liable. THE LIMITED LIABILITY OF SHAREHOLDER One of the key advantages of the corporate forms
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Harnischfeger Corporation Teaching Note INTRODUCTION The purpose of the "Harnischfeger Corporation" case is to expose students to the managerial motives for making major financial reporting policy changes. Generally accepted accounting principles (GAAP) allow companies wide latitude in the choice of accounting policies. After a firm chooses a set of accounting policies‚ current accounting rules permit changes from one alternative policy to another at the discretion of the management
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net sales. Before November 1‚ 1983 only the gross margin on Kobe products was included in their net sales. Harnischfeger was also going to include the financial statements of certain foreign subsidiaries were included on the basis of their fiscal years ended July 31 to September 30. Even though there was no significant impact on net income‚ this did help to increase their net sales by $28 million from Kobe Steel and $5.4 million from foreign subsidiaries. A second accounting change that Harnischfeger
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Bradly 1 Thomas Bradly Prof. Thomas English 1 3 December 2012 Why is Everyone Not Treated Equally? In today’s world‚ the number of people grows exponentially. Some are brought up from a wealthy background while others are less fortunate to grow up in poverty. Why is it that the rich are getting richer and the poor poorer? It is not the fault of the poor people that makes them poor. It is the actions the American government takes that allow for economic growth‚ but sadly do not aid every person
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Oprah Winfrey There are many famous people in the world‚ some of them were candidates for the Nobel Prize Peace. For example‚ Barak Obama‚Oprah Winfrey and many others like them. In this essay I will describe one of the important and famous woman in the world. Oprah winfrey is instantly recognizable to just about every person in the United States. She was nominated for the Nobel peace prize because she helped poor people from all around the world. On January 29th 1954 Oprah Gail Winfrey was
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her maternal grandmother. She lived in a poor lifestyle and it had a negative effect on Winfrey as a young adult‚ and her problems were caused by repeated sexual abuse‚ starting at age nine‚ by men that others in her family trusted. Her mother worked and did not have much time for supervision. Winfrey attended Tennessee State University on a full scholarship and majored in speech and drama. In 1976‚ Winfrey moved to Baltimore‚ where she hosted a hit television chat show‚ People Are Talking. Afterward
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Alpha Corporation Question 1) Assumption: Only transactions above 50 millions are considered as major transactions. a) 1989: i. Sources of Cash: Net cash provided by continuing operations‚ Proceeds from disposal of depreciable and other assets‚ Increase in short-term borrowings‚ Proceeds from long-term debt. ii. Uses of Cash: Investment in depreciable assets‚ Investment in capitalized software‚ Payments of long-term debt. b) 1990: i. Sources of Cash: Net Cash
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Comparative Summary * Health care financial environments most common are for- profit‚ not-for-profit‚ and government funding. This paper identified one entity from each of these health care financial environments‚ described the financial structure of each financial environment‚ identified policies unique to each financial environment‚ identified financial management practices prevalent in the financial environment‚ and explained why effective financial management is more difficult in health
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Henry Lawson s The Union buries its dead is a story which explores the procedure of a union burial for a man whose identity is unknown and whose presence wasn’t noticed. He was a stranger in the town‚ and the fact of his having been a Union man accounted for the funeral. Through the realistic narrator s bitter tone and language we are led to believe that the majority of members in the small town possess anything but true feelings for the loss of the union man. Identity is defined as the set of
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