Discount 1‚000‚000 Senior Notes Payable 550‚000‚000 December 31‚ 2007: Interest Expense 14‚357‚084 Interest Payable 14‚315‚417 (550‚000‚000 x .0313 x 5/6) Discount 41‚667 (50‚000 x 5/6) February 1‚ 2008: Interest Payable 14‚315‚417 Interest Expense 2‚872‚916 Cash 17‚187‚500 Discount 8‚333 (50‚000 x 1/6) August 1‚ 2008: Interest Expense 17‚237‚500 Cash 17‚187‚500 Discount 50‚000 December 31‚ 2008: Interest Expense 14‚357‚084 Interest Payable 14‚315
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BUSINESS Literally‚ the word “business” means the state of being busy. Generally‚ the term business includes all human activities concerned with earning money. In other words‚ business is an activity in which various persons regularly produce or exchange goods and services for mutual gain or profit. The goods and services produced or purchased for personal use are not included in “business”. Business is an economic activity‚ which is related with continuous and regular production and distribution
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companies to motivate‚ reward and train their employees to be the best quality personnel. Starbucks Corporation‚ the most famous chain of retail coffee shops in the world‚ mainly benefits from roasting and selling special coffee beans‚ and other various kinds of coffee or tea drinks. It owns about 4000 branches in the whole world. Moreover‚ it has been one of the most rapid growing corporations in America as well. The reasons why Starbucks is popular worldwide are not only the quality of coffee
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(Components of internal control) The chapter identified five components of internal control. Listed below are specific control policies and procedures prescribed by Suntron Company. 1. Management gives careful consideration to the requisite knowledge and skills personnel need at all levels of the organization. Control environment. Planning‚ executing‚ controlling‚ and monitoring and entity’s activity is what is used to develop an overall framework for an entity to meet its objectives. 2
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Cerner is an international healthcare information technology corporation specializing in providing complete systems for hospitals and other medical organizations to manage and integrate all electronic medical records‚ computerized physician order entry‚ and financial information. Cerner is based out of Kansas City‚ MO and was founded in 1979 and was originally named PGI & Associates. It was renamed Cerner in 1984 when it rolled out its first system‚ PathNet. The company went public in 1986‚ and today
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SHARP® CORPORATION: BEYOND JAPAN INTERNATIONAL BUSINESS MANAGEMENT TABLE OF CONTENT PROBLEM STATEMENT ……………………..…… 3 ANALYSIS ………………............… 3 DISCUSSION OF ALTERNATIVES ………………………….. 4 RECOMMENDATION …………………………. 5 EXECUTIVE SUMMARY …………………………. 5 CITATIONS ………………………… 7 EXHIBITS ………………………… 8 PROBLEM STATEMENT Sharp Corporation needs a major overhaul of its business model. Sharp’s previous
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integration. What is interesting‚ Ghemawat became the youngest ‘guru’ included in the guide of the greatest management thinkers of all time published by The Economist in 2008. Among other research articles‚ he is an author of “The Cosmopolitan Corporation’ published in Harvard Business Review’ in May 2011. In his short thesis‚ Ghemawat claims that the global approach to the business mangement many thinkers adopt is wrong. According to his dissertation “the vast majority of firms are deeply rooted
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come in and not only change he organizational culture‚ but improve it. Fred’s wife had advised against taking this appointment‚ yet Fred took on the challenge‚ and in this case analysis we meet Fred just as he is beginning to take in the breadth of this challenge. Organization culture at Woodland Community Center Corporation was based on the values imposed by Yates. He believed that “seniority was sacrosanct‚ and neither creativity nor hard work replaced it” (McShane 539). This created a dominant
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Hong Kong & Shanghai Banking Corporation (HSBC) 1. The HSBC Group - The HSBC Group is named after its founding member‚ The Hong Kong and Shanghai Banking Corporation Limited‚ which was established in 1865 to finance the growing trade between Europe‚ India and China. - Is based in Hong Kong‚ where the bank’s business has been physically conducted‚ and with a large network of branches in Asia‚ a very large London branch office‚ and several US branches‚ plus a subsidiary bank in California and
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JVA Corporation Simulation .Performance‚ as well as revenue‚ is reviewed every 6 months. This way it allows JVA Corp. to cut or increases pay every 6 months and review its bottom line. Employees can also benefit by having the opportunity to earn pay raises potentially twice a year‚ rather than the typical annual reviews. I t is my firm believe that to achieve the reduction of the percentage of revenue that is allotted to employee’s compensation from 8% to 5% without it having a big demoralizing
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