Case Study 1 Professor Blankenship Accounting 504 July 28‚ 2013 Salithia Smith Requirement 1- Prepare the Journal Entries in the General Journal Flower Landscaping Corporation General Journal Date Description Debit Credit |March 1 |Cash |72000 | | | |Common Stock
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Questions to be submitted as Case Study 1 1) Define Hyponatremia.- When sodium concentration in the blood is below 135 mEq/L‚ or abnormally low. It is induced by the consumption of large amounts of fluid that are sodium-free‚ such as water. 2) What is the etiology of hyponatremia?- Can occur in three ways: hypervolemic‚ euvolemic‚ and hypovolemic. Hypervolemic is when the body overall has too much water‚ lowering the serum sodium level‚ thus causing cells to swell. Euvolemic is when the body’s
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Part 2 – Contractual Formation A. Offer and Acceptance Pharmaceutical Society of Great Britain v Boots Cash Chemists The display of goods in a shop is only an offer to treat Australian Woollen Mills v Cth The offer must be in exchange for the other party’s consideration (quid pro quo). If it isn’t it is more likely a gratuitous promise Seppelt & Sons v Commissioner The use of the word “offer” is not conclusive Carlill v Carbolic An offer can be made to the whole world. Unilateral offers may require
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Case Study 1-8: Faulty Budget‚ P 42 Lilian Lavado Acc-530 Accounting Ethics & related Regular Issues Professor: James Racic September 7‚ 2014 1. I would report the error immediately to my supervisor or the person in charge of that department. I am currently an employee‚ and I am aware that my responsibility is limited on my performance. However‚ shareholders‚ investors‚ and supervisors trusted on me to do the best I can to make the company grow and be profitable. I would not change
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What was once a garage-operated business and now an international market leader‚ Polaris Industries has shown how a corporate life cycle occurs and more importantly successful strategy development and implementation. With all businesses‚ the organizational life cycle is the development of a business from start to finish. There are different views on the number of stages in an organizational life cycle. Just In Time Management states that are seven life cycle stages‚ while Product Arts claim there
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improving their efficiency in a global economy. Key problems in DrainFlow Plumbing case study: The case study on Drain Flow Company highlights the issues of employees not being motivated thus not providing the type of customer service that other plumbing companies offer. Moreover‚ most of these employees are unsatisfied with the work they are required to do and their interactions with their supervisor and managers. (Case study) Another issue that DrainFlow is facing is the frequent complaints regarding
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7 Daughters 7 Sons Essay The book‚ 7 Daughters 7 Sons by Barbara Cohen‚ Bahija Lovejoy‚ is a good piece of literature. This book is about a girl named Buran‚ who has to live in a far away city to save the lives of her poor family and her sick dad. In this essay‚ I am going to explain why I think this book is a good piece of literature. First‚ I am going to choose a character and explain if it’s a round or flat character. I will explain my opinion with evidence of the book. Next‚ I will be explaining
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Case 14-1: Solution to Global Oil a. Strengths and weaknesses of BSC Strengths of the BSC include: • 1. Helped articulate the new strategy M&R adopted to become a destination stop. • 2. Helped train managers to become more general managers‚ not narrow functional managers. • 3. Focuses managers more externally. • 4. Blends own-unit and divisional performance to reduce free-rider problems of divisional performance measures only. • 5. Links business
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Case 4. “Living by Number – Value Creation or Profit?” 1. Determine the economic earnings of MarineCorp Sdn Bhd (MarineCorp)‚ Green Port Sdn Bhd (Green Port) and Sungai Emas Sdn Bhd (Sungai Emas Port) Economic Earnings = NOPAT – (WACC x Average Invested Capital) = NOPAT – Capital Charged (a) MarineCorp Sdn Bhd Economic Earnings = RM 15‚128‚917 – RM 854‚306 = RM14‚274‚611 (b) Green Port Sdn Bhd Economic Earnings = RM 31‚381‚168 – RM 45‚969‚400 = (RM 14‚588‚232) (c) Sungai
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Adelphia Case Summary The Allegations: Prosecutors say members of the cable company’s founding family and two former executives looted the firm "on a massive scale‚" spending company funds on personal expenses‚ such as a $12.8 million golf course. The firm has been accused of hiding business relationships between Adelphia and entities tied to the founders and for inflating its financial results. Who’s Who: • John J. Rigas‚ Adelphia’s founder • Timothy Rigas‚ former CFO • Michael Rigas‚
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