Management Control System Case Assignment Name : Muhammad Kamil 12/341277/PEK/17366 Class : International Class‚ Batch 60 Chapter 11 Case 11-3. CUP Corporation Case Overview CUP was one of the largest insurance firms based in Europe. They enjoyed growth rate of more than 25% each year for almost past 10 years. They sold various forms of insurance in order to broaden the type of the insurance into health‚ life‚ casualty‚ property‚ and automotive areas. However‚ the growth was flat instead of the planned
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invested $1‚000 at 4% compounded annually. How much interest was earned in year 5? 2. Gianni invested $10‚000 at a rate of 6% compounded annually. How long will it take for the investment to grow to $40‚000 3. What is the present value of an income stream which has a negative flow of $100 per year for each of the next 3 years‚ and a positive flow of $300 per year in years 4 through 7‚ if the appropriate discount rate is 10%? BONDS 1. The current market price of McGill Corporation’s
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PROBLEMS 1. Table 3.3 shows the December 31‚ 2009 pro- forma balance sheet and income statements for R& E Supplies‚ Inc. The pro- forma balance sheet shows that R& E Supplies will need external funding from the bank of $ 1.4 million. However‚ they show $ 1.27 million in cash and short- term securities. Why are they going to the bank when they have most of the required amount in their cash account? 2. Pro forma financial statements‚ by definition‚ are predictions of a company’s financial statements
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of MCI’s stock. Referring to the chart below‚ we realize that by accruing debt re-capitalization by issuing a $2 billion debt to purchase $2 billion stock will not affect the firm’s cash flow. Based on the assumption of earning before the interest income remains the same‚ we have determined that the cost of debt will increased by $123 millions due to the interest accrued by
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internet‚ we are informed of the latest news‚ and we can watch our favorite videos and movie. Net neutrality is the idea that all data on the internet is an open market‚ anybody has access to the internet‚ and all websites are treated equally with no preferential treatment than another website (Seeman 1). For example‚ google should not get special treatment than Facebook they should be treated the same. Net Neutrality is a controversial topic and refer to whether the internet providers should be charged
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v. Alza Corp.‚ the court found independent standing as the licensee had completely unrestricted rights to sue for infringement. The licensor‚ University of California‚ gave an exclusive license to Ciba-Geigy. Alza claimed that Ciba-Geigy lacked standing‚ but this
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through its four main principles which include integrity‚ fairness‚ social responsibility and fun. It is "different" from other corporations because AES is focused on retaining its core values and culture as the corporation expands in size. The company ’s sources of sustainable competitive advantage include technical leadership through its innovative research and development team and its worldwide network of distributors and strategic partners. AES is committed to penetrating international markets‚ specifically
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The company was based on Rondell’s invention of several electrical testing devices‚ while on staff as an engineering faculty member of a large university. In 1947‚ the company entered into the radio broadcasting equipment market. By the late 1960’s‚ the company had increased its business to include data transmission equipment. The company had a reputation of being a source of high quality innovative designs and described itself as being able to “convert problems to solutions” in their sales brochures
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Viet Duong Sybil Cheng 11/17/2011 Holmes Corp: LBO Valuation 1. Sustainability – One of Holmes Corp. major strengths is its long history of steady and predictable cash flow. Over the last five years‚ Holmes’ Net sales have grown from $41MM to $103MM which is approximately a growth rate of 151%. Over the same time frame Holmes’ net earnings have grown from $1M to $6.6M which is approximately a growth rate of 560%. This history of strong earnings means we can realistically expect stable
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SURVIVAL OF THE MARINE CORPS The Marine Corps historical characteristics after the Civil War could be based in part on survivability and the need for the Marine Corps to prove its worth to the United States as a Military Force. The Marine Corps part in the Civil War had been small and not altogether impressive. Both the Army and the Navy did not regard the Marine Corps as useful. This paper will in effect touch on the Marine Corps history from after the Civil War to World War I. It will then
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