Case 12-02 To Recognize or Not to Recognize‚ That Is the Question Shakespeare Inc. (“Shakespeare” or the “Company”) is a privately held book printing and publishing company with a December 31 year-end. The summary balance sheet as of December 31‚ 2010‚ included: Current assets Noncurrent assets Total assets Current liabilities Noncurrent liabilities Total liabilities Total shareholder equity $ 6‚500‚000 28‚250‚000 $34‚750‚000 $ 4‚500‚000 13‚750‚000 $18‚250‚000 $16‚500‚000 The summary results of
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ADV 850 Fall Semester 2014 Case: Shark Fin Soup Case Student: Jianhong HU (Willing) 1. Describe the company in the case Hong Kong Disneyland‚ a 310-acre amusement park‚ is a joint venture between the Hong Kong government‚ who possesses 57 percent of the project‚ and Disney. The project is an adaptation of the American Disneyland but on a smaller scale. The aim of the project is to provide a family vocation resort to this financial based city. Though the project brings significant economic
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which organisations reach their target audiences or it is an “audience-centred activity” (Fill‚ 2005‚ p.9). This report aims to analyse the current marketing communication activities for one of the most recognised brands in the UK and the world‚ MINI Cooper. The first part includes some background information and after that the report follows the planning framework provided by Fill (2005) including: context analysis for the brand; objectives; communications strategy; communications mix; scheduling
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Standard reports that Disney has decided to take the shark’s fin soup off its wedding banquet menu. However‚ its hotels will still serve it on request after educating customers about the threat to sharks. The company plans to distribute pamphlets which detail the environmental impact of killing sharks‚ how they are killed and how the fins are harvested to customers who insist on having the soup. Disney also says it will only source shark’s fins from “reliable and responsible suppliers” that adhere to
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Mini Case Study-Bethesda Mining Mini-Case Study: Bethesda Mining Company Week 4 Application 2 Jo-Ann Savoie Walden University Finance: Fiscal Leadership in a Global Environment DDBA-8140-2 Dr. Guerman Kornilov March 24‚ 2011 The following Mini-Case on Bethesda Mining Company was taken from the text corporate finance (2010‚ P. 203-204). In order to determine if Bethesda Mine should open‚ a thorough analysis of the payback period‚ profitability
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All applicable cases are available with McGraw-Hill ’s Connect™ Accounting. CASE 10B–5 Ethics and the Manager; Rigging Standards [LO5] Stacy Cummins‚ the newly hired controller at Merced Home Products‚ Inc.‚ was disturbed by what she had discovered about the standard costs at the Home Security Division. In looking over the past several years of quarterly earnings reports at the Home Security Division‚ she noticed that the first-quarter earnings were always poor‚ the second-quarter earnings were
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Woods FIN 370 January 12‚ 2015 Shamelda Pete Industry Averages and Financial Ratios Industry averages and financial ratio reports determine the financial health of an organization. Solvent‚ efficiency‚ and profitability are compared by key financial indicators and ratios that measure several companies within the same industry. The publicly traded company chosen by Team A is ExxonMobil. “The largest publicly traded international oil and gas company in the world. ExxonMobil makes products that drive
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Your company is thinking about acquiring another corporation. You have two choices; the cost of each choice is $250‚000. You cannot spend more than that‚ so acquiring both corporations is not an option. The following are your critical data: a. Corporation A: 1) Revenues = 100K in year one‚ increasing by 10% each year 2) Expenses = 20K in year one‚ increasing by 15% each year 3) Depreciation Expense = 5K each year 4) Tax Rate = 25%
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Case 12-03 - Contingencies Scenario 1 Energy should recognize a provision as of December 31‚ 2011‚ in reporting to its U.K. parent under IFRSs and in reporting to its U.S.-based lender in accordance with U.S. GAAP. IFRS and GAAP follow three steps in order to determine if a provision should be recognized. They are: a) the entity has an obligation
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A. PRODUCT DESCRIPTION Filipinos are known as “Food Lover” because we don’t let ourselves to get hungry. The Crazy Mini-Donuts was inspired because of the cravenness of the Filipino for desserts. Fresh‚ Hot Mini-Doughnuts is always been a popular food item at malls‚ fairs and many other outdoor seasonal events. Usual doughnuts has it’s filling inside but we came up into the idea of innovating usual doughnuts into modern version by it’s different flavors like cappuccino‚ cookies and cream‚ double
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