Acquisition of legal subsidiary in bankruptcy According to the fact of this case‚ Parent Co. (Parent) wholly owns Poor Son Co. (Poor Son) as a legal subsidiary‚ and both of them all nonpublic companies. However‚ in January 2007 Poor Son filed a voluntary bankruptcy under Chapter 11 of the U.S. bankruptcy code because of its inability of meet obligations as they became due. Then‚ Parent claimed the loss of control of Poor Son and deconsolidated Poor Son from its financial statement. Through the
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Assignment #2 Text Book- read Chapter 2 Trapped Under the Sea – read Chapter 2 Provide a brief answer to the following review questions: Chapter 2 Review Questions 1. Describe the major components of the strategic management process. The Major Components of Strategic management process is environmental scanning‚ strategy formulation‚ strategy implementation‚ and evaluation and control. Environmental scanning is usually used to classify strategic influences that will control the future of the corporation
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| Advanced Corporate Finance Presented by 9/3/14 Professor Nikolay Halov 1 Plan for today • Syllabus • Introduction to the course • Is Corporate Finance Irrelevant? 2 General Information • • • • Professor Nikolay Halov Office: KMC 9-151 E-mail: nhalov@stern.nyu.edu Phone: 212-998-0836 3 Course Information Meeting times: Monday Wednesday 2-3:15pm‚ 3:30-4:45pm •The web page: – NYU Classes – Class materials‚ problems‚ solutions‚ communication •TAs: • Ryan Liu: ryan.liu@stern.nyu.edu
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1. With such a difficult decision‚ the anonymous caller could either report the fraudulent financial statements or go along with top management and risk being caught or being blamed for the misstatements. It is possible that the caller would face legal trouble at some point in the future if she decided to sign off on the statements. If the bank were to discover the overstated financials‚ the extended credit would be immediately revoked. It is necessary for the caller to evaluate all of the
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Case 1: TOYOTA MOTOR CORPORATION‚ LTD 1. What do Toyota’s guiding principles mean for its management system? In particular‚ how do they reflect the principles of total quality? Total quality is based on three fundamental principles: • A focus on customers and stakeholders • Participation and teamwork by everyone in the organization • A process focus supported by continuous improvement and learning Since Toyota’s guiding principles include: 1) Honor the language and spirit of the law
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Freeman Assignment 1 Feb 4‚ 2013 Tanglewood Stores Case Study Current Environment Assessment Due to fast growth rate and purchasing of smaller companies‚ legacy procedures are still found in HR practices among stores. Current polices and procedures managing the human asset must resonant with original mission statement. Competitors The competitor list would be any company that does business in non-durable general retail industry. Specifically‚ listed in the case study has Kohl’s
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Case Write-up Week 1 1. Supply Chain 2. Who are the various customers for textbooks? What do these customers want in terms of goods and services related to textbooks? From the publisher’s point of view‚ who is the critical customer? The various customers are professors‚ students‚ bookstores‚ schools‚ and online retailers. The customers want “on demand” accessibility‚ flexibility‚ and more content in the textbooks. The professors are the critical customer because they directly impact the
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1. What is the possible meaning of the changes in stock price for Berkshire Hathaway and Scottish Power plc on the day of the acquisition announcement? Specifically‚ what does the $2.55 billion gain in Berkshire’s market value of equity imply about the intrinsic value of PacifiCorp? Berkshire purchased PacificCorp for $5.1B cash and $4.3B in liabilities and preferred stock‚ a transaction valued at $9.4b. On the day of the announcement‚ both Berkshire and Scottish Power stocks jumped. The market
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Written in the first chapter of the Book of Genesis 1:1-31 through to Genesis 2:1-3‚ is the most popular Hebrew and Christian version of the Creation story. To begin with‚ in the first day God creates heaven‚ Earth‚ day and night. Then on the second day the skies and oceans are created followed by the creation of dry land‚ vegetation and fruit trees on the third day. Continuing on the fourth day God creates the sun‚ moon‚ stars and then on the fifth day all creatures that swim along with all creatures
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Case Study 1 In order for the BlackBerry industry to succeed‚ RIM must invest it’s time in 3 key core competencies. Needle (2010) states core competencies as ‘those activities of a firm that make a difference and give the firm a competitive edge’‚ for the BlackBerry these core competencies lie within its sleek design‚ functionality and security. BlackBerry has always been known for its phone’s functionality‚ especially for those in the business world. Blackberry’s functionality allows it
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