Sean Russi The Case of Phar-Mor Inc ACCT-525 October 31‚ 2012 Case Summary The case of Phar-Mor Inc was one of the biggest pre-Enron frauds that have been uncovered. Phar-Mor Inc established in 1982 Phar-Mor was a small little known discount drugstore. Phar-Mor became well known for offering medications at a 25-40% discount rate compared to your normal pharmacy store prices. Phar-Mor’s first six years of existence seemingly were
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Corporate Case Study: Apple Inc. Article One: Apple’s Secret Plan for Its Cash Stash In 2012‚ Forbes Magazine published an article that discusses what Apple Inc. plans to do with the large amounts of money it has acquired over the years. The sum reaches up to $100 billion‚ making the company one of the most profitable in history. However‚ the company has around $64 billion of their cash stuck oversees. If Apple were to choose to move the money back to the United States they would be hit with a
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Encyclopædia Britannica‚ Inc Case Study CHAPTER 1 INTRODUCTION About Company Encyclopædia Britannica‚ Inc.‚ headquartered in Chicago‚ Illinois‚ is a leading provider of learning and knowledge products. We’re proud to be one of the world’s most trusted sources of information on every topic imaginable - from the origins of the universe to current events and everything in between. Get a glimpse of our company‚ products‚ and business opportunities here on our corporate site to see
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2014)The money borrowed earns interest as agreed between the lender and the borrower. Equity financing‚ on the other hand‚ involves the selling of shares to investors as a means of raising capital for the business. (Palermo‚ 2014) Competition Bikes Inc.‚ therefore‚ has two options to finance its operations. As found earlier under the best alternative to financing working capital‚ Competition Bikes has one best option of raising the money. This is the use of 50% preferred
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Dow Chemical Case When Petroquímica Bahia Blanca S.A. (PBB) began the process of becoming privatized by the Argentine government‚ Dow Chemicals saw the acquisition of this company as a golden opportunity to become the leading polyethylene player in Latin America. Dow Chemical’s was already a major player in the chemicals (ethylene)‚ plastics (polyethylene)‚ and agricultural products industries holding position as a low-cost producer. Breaking each segment of their business down into
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Dow Chemical Case Question 1 Polyethylene is the world’s most widely used plastic. Polyethylene plastic’s principal application was in packaging‚ from trash bags to milk jugs. It was widely used in the manufacture of everything from trash bags‚ picnic cutlery and garbage pails‚ to plastic toys. Polyethylene also replaced glass‚ wood‚ and metal in certain applications. There were three types of polyethylene‚ Low-density polyethylene‚ High density polyethylene and Low linear density polyethylene
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His property is for the most part utilized for farms to re-promote buffalo meat for his Ted’s Montana Barbecue chain‚ storing up the world’s biggest crowd. Turner TV Framework‚ Inc. converged with Time Warner‚ Inc. on October 10‚ 1996‚ and on January 11‚ 2001‚ Time Warner was acquired by AOL to end up AOL Time Warner. The burst of the dotcom air pocket hurt the development and benefit of AOL‚ which thus dragged down the consolidated organization’s
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Case Study‚ SAS Institute Inc. The management culture is a very important factor in the imprinting of a company: it shapes the relationship between working environment and employee satisfaction. I will answer a few questions regarding the SAS ’s particular strategy of running the business in which the employees are unbelievably loyal‚ thanks to the benefits and cares that they receive from the employer. 1. One critic calls SAS "a big brother approach to managing people." Is the company too
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Alcoa Inc. For the quarter ended 30th September 2015‚ Alcoa Inc. reported revenue of $ 5.6 billion which was 11 % below that reported for the same period last year. The main reason behind this decline in revenue was the divestiture and closure of low margin business and the dent that aluminium price have continued to take in the most recently ended quarter. The net income was $ 44 million down from $ 149 million of third quarter 2014. Adjusted net income was $ 109 million translating into an EPS
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Client name: Gold Explorer Inc. Schedule :X-1 Audit area: Risk Assessment Preparer :M.X Balance sheet date: xx/xx/xx Date: 01/01/2012 Raj‚ The following memo addresses the risk assessment of one our clients‚ Gold Explorer Inc.; a major public Canadian gold mining company. The firm has been auditing this company for the past 8 years‚ in which very few misstatements were discovered
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