Case study on WorldCom THE WORLDCOM FRAUD:- Presented By: Pratik WorldCom’s Background • Awoke the sleeping giant by leading the telecom industry into profitability in the 90’s. • During the 1990’s‚ WorldCom was deeply involved in acquisitions and completed several “mega-deals” • Purchased over 60 firms in 2nd half of the 90’s • WorldCom moved into Internet and data traffic • Handled 50% of US Internet traffic • Handled 50% of e-mails worldwide WorldCom’s Background (cont.) • Purchased MCI for
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months ending 2010-09-30 Revenue Other Revenue‚ Total Total Revenue Cost of Revenue‚ Total Gross Profit Selling/General/Admin. Expenses‚ Total Research & Development Depreciation/Amortization Interest Expense(Income) - Net Operating Unusual Expense (Income) Other Operating Expenses‚ Total Total Operating Expense Operating Income Interest Income(Expense)‚ Net Non-Operating Gain (Loss) on Sale of Assets Other‚ Net Income Before Tax Income After Tax Minority Interest Equity In Affiliates Net Income Before
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Table of contents Introduction TARGET Corp ROIC vs. WACC Target Corp vs. Industry ROIC target Corp vs. Industry Revenue Trend Target Corp Operating Expense vs. Industry operating expense as a percent of revenue Target corp Operating Profit vs industry operating profit as a percent of revenue. target Corp Economic Moat Conclusion Works Cited Table of figures Figure 1 Target Corp ROIC vs WACC; Source: Mergent Online; Annual Studies. Figure 2 Target Corp vs. Industry
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The financial world was rocked by accounting scandals in the late 1990s and early 2000s. Companies such as Enron‚ Global Crossing and Tyco International collapsed under the weight of fraud and destroyed investor confidence in corporate accounting. But the biggest collapse was that of WorldCom. In 1983 Bernie Ebbers and several other people invested in a newly formed company in Clinton‚ Mississippi called Long Distance Discount Services‚ Inc. (LDDS). LDDS was a provider of long distance telephone
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standardized format required by corporate headquarters for all regional performance reports. That report follows: [pic] *Local administrative expenses are the administrative expenses incurred at the check processing centers. ↑Regional administrative expenses are allocated to the check processing centers based on sales. ↑Corporate administrative expenses are charged to segments of the company such as the Rocky Mountain Region and the check processing centers at the rate of 9.5% of their sales.
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Case 3C RUG BUG CORPORATION A. L. Young has come a long way with his latest invention‚ the Rug Bug‚ a motorized wheelchair made especially for children. His lightweight‚ relatively inexpensive model has no direct competition in a field dominated by companies that produce scaled-down versions of adult models that are inappropriate to the needs of children. A working prototype has been built‚ office space and manufacturing capacity contracted‚ and an initial sales force recruited. The only element
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BUSINESS PLAN WILD OASIS ________________________________________ 1039 Thurman Avenue Cliff‚ Massachusetts 01862 ________________________________________ The Wild Oasis nightclub provides a local solution to the lack of dance and live music venues in a medium-sized market‚ and will help keep late-night entertainment expenditures within the region. The company’s good grasp of how to market a nightclub adds to the plan’s attractiveness. ________________________________________ • ORGANIZATIONAL
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December 12‚ 2010 To: Ms. Pundir – Managing Director and owner‚ Kota Fibers Ltd. Dear Ms. Pundir‚ As you know‚ Kota Fibers has been growing its sales consistently in the 15-20% range annually for the last 3 years and the 2001 forecasts are showing 20% growth. Despite these robust sales figures‚ net income is forecasted to be only $1.3 Million‚ almost half of 2000 Net Income despite the forecasted incremental increase in sales of $15 million. In addition‚ the Company is facing a cash crunch
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ssues Financial reporting in the recent years through the SEC mandates has become one of the most important aspects to corporate management. Stamford International’s problem is inherent in the discrepancy in reporting system and accounting irregularities from the various aspects of the business. Not only has this but Stamford‚ due to rapid growth not been able to accommodate for the expansionary activities like acquisitions of units and international transactions. The result has been the experience
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BUSINESS PLAN GLOBAL MUSHROOM COMPANY LTD. -“quality first” MS in Agricultural Economics(Agribusiness and Marketing) MD. TAUHIDUL ISLAM LEVEL-4; SEMESTER-1 ID. NO.: 09 AEAM JD 03M REG. NO.:31636 Group : C DEPT. of AGRIBUSINESS & MARKETING BANGLADESH AGRICULTURAL UNIVERSITY. MYMENSINGH BUSINESS PLAN SECTION 1:
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