Executive Summary Consolidated Electric (CE) is a mid-Western wholesale distributor of electronic goods for the construction industry. These include wire‚ electric boxes‚ connectors‚ lighting fixtures and electrical controllers among others. The company carries 20‚000 separate line items in inventory that are produced by over 200 manufacturers. Items are priced from under one cent to several hundred dollars. The top 2‚000 items produce 50% of sales‚ the next 8‚000 items account for 30% of sales
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is a threat to American society‚ as it interferes with democratic ideals and opens the door for corruption at many levels. One of the main objectives of a properly functioning democracy is to recognize and represent many different views and opinions through the media. When media moguls control media content and media distribution‚ they have a lock on the extent and range of diverse views and issues that get publicized. The power to control what the citizens know‚ how much they know and how they
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The consolidated Life case study Main problem The main problem in this case is the conflict between two different cultures underlined by two divergent management styles. A loose and people-oriented management style‚ applied by the supervisor Mike Wilson which proved to be efficient with the current situation of Consolidated Life company‚ versus a strict and task-oriented management style exercised by the senior vice president Jack Greely‚ a style assumed by the management to be the reference
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The Consolidated Life Case Analysis Summary: This case is about Mike‚ a fresh graduate that entered a large insurance company. Given that he is inexperienced‚ he still exceled in his job and was promoted immediately. Apparently‚ he has been offered the same position at a different firm and accepted it. After some time‚ his past employer asked him to come back. He came back to the company and found out that there was a new VP. The new VP’s leadership style has changed the organization; it was
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Case Problem 1: CONSOLIDATED FOODS‚ INC. Consolidated Foods operates a chain of supermarkets in three cities. A promotional campaign has advertised the chain’s offering of a credit card policy whereby Consolidated Foods’ consumers have the option of paying for their purchases with credit cards‚ such as Visa and Master Card‚ in addition to the usual options of cash or personal check (cheque). The policy is being implemented on a trial basis with the hope that the credit card option will encourage
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Consolidated Edison Inc. Time-trend and peer group ratio analysis The first step in analyzing Edison Consolidated INC. was to conduct a time trend analysis‚ in which we compared the different ratios of the firm from the years 2009 to 2011. The results show a decrease of 4.59% in Profit margin‚ which could be attributed to the expansion of the firm and the acquisition of new assets. At the same time the ROE shows an increment of only 0.64%. Equity- multiplier for the firm decreased by 0.09. Based
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Table of Contents Case Essay………………………………….P.1 Organizational Behavioral Comparison……………………………….P.6 Case Questions……………………………P.7 Bibliography………………………………P.9 Consolidated Life is an insurance company that provides services and products to a consumers in the form of life insurance policies‚ auto policies‚ renter ’s insurance (which covers your apartment for any liabilities or damages due to burglaries‚ floods‚ etc) any other commercial policies. Consolidated life is a prestigious
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TABLE OF CONTENTS Introduction…………………………………………………………………………….....1 1.1 Relationship between Holding/parent company- subsidiary………………………….2 2.1 Consolidated Financial Statement…………………………………………………….4 3.1 The concept of Goodwill……………………………………………………………...5 3.1.1 Computation of Goodwill…………………………………………………………...6 3.1.2 Computation of negative Goodwill………………………………………………...7 4.1 The recommendation of the IASB……………………………………………………8 5.1 IFRS 36 Impairment of Assets………………………………………………………..9 6.1 IFRS
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Definition of ’Consolidated Financial Statements’: Consolidated financial statements are the combined financial statements of a company and all of its subsidiaries‚ divisions‚ or suborganizations. Explanation: Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries‚ they enable you to gauge the overall health of an entire group of companies as opposed to one company ’s stand alone position. A consolidated financial statement
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Consolidated Electric Company Joe Henry‚ the sole owner and president of the Consolidated Electric Company‚ reflected on his inventory management problems. He was a major wholesale supplier of equipment and supplies to electric contractors‚ and his business hinged on the efficient management of inventories to meet his customers’ needs. While Henry had built very successful business‚ he was nearing retirement age and wanted to pass along a good inventory management system. Henry’s two sons-in-law
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