Running head: Capstone Project: First Solar‚ Inc. Capstone Project: First Solar‚ Inc. Executive Summary: • Company & Product Overview: o leading manufacturer in photovoltaic solar modules and provider of solar solutions o Solar modules that consist of glass and cadmium telluride when combined convert sun light into electricity o Comprehensive recycling program that salvages old parts and an environmentally friends
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First Solar Case Analysis Due to consideration of rising energy demand‚ global warming and nature of solar power‚ the solar industry has experienced a rapid development these years. First Solar‚ as one of the dominant companies in the industry‚ is suspected and scrutinized by CFRA for aggressive accounting practices. CFRA’s investigation aims at identifying potential risks in several areas‚ including revenue quality and recognition‚ inventory levels‚ customer and geographic diversification‚ warranty
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Sunshine Fashion: Fraud‚ Theft and Misbehaviour among Employees (OCB and CPWB) What are the root causes – individual and contextual -- for the employee misbehaviour at Sunshine? At Sunshine Fashion‚ the main manifestations of employees’ misbehaviour are fraud and theft by branch managers at the local Chinese market. The root causes of these misbehaviours are both individual and contextual: Individual: - Weak sense of belonging and loyalty to Sunshine (high yearly turnover of branch managers
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The first modern solar cell In 1954‚ the first modern silicon cells raised by Bell Labs‚ then it shown at the National Academic of Science meeting. Moreover‚ this kind of cell can make 6 percent efficiency. Then‚ the New York Time come up with that the cell would lead to a source of “Limitless energy of the sun”. In 1955‚ the Western Electric created very significant solar cell technologies. The technology start to use in makes solar cells. In 1957‚ the AT&T telecom company used the “solar battery”
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709 Sunshine Center: An Instructional Case Evaluating Internal Controls in a Small Organization Sandra K. Fleak‚ Keith E. Harrison‚ and Laurie A. Turner ABSTRACT: Management and auditors face increased responsibilities to evaluate internal control and assess the risk of fraud. This case provides the opportunity to evaluate internal controls and the possibility of fraud in a very small not-for-profit child care center‚ a setting that is easy to understand. The first goal of the case is to identify
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Choose the letter of the best answer. _____ 1. Which of the following had not undergone its own wide-scale Industrial Revolution by 1900? (A) United States (B) Britain (C) Japan (D) Latin America (E) France _____ 2. Among the reasons that Europe industrialized first was that (A) it enjoyed an obvious economic advantage over all other regions by 1750. (B) it possessed a unique capacity for technological innovation. (C) European rulers fostered unusually close alliances with their merchant classes. (D) Europe’s societies had
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Nanosolar Inc. Case Study Analysis Nanosolar is a start-up company and expects to be one of the first manufacturers to produce thin-film solar panels using copper indium gallium (di)selenide (CIGS) technology. Nanosolar is focused on selling a single type of thin-film Photovoltaic (PV) module called the “Nanosolar Utility Panel”. The utility panel is 50% less energy efficient than c-Si modules‚ but being 90% less expensive to produce. Strategic Options: (1) Continue to invest in European and
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(1). The primary problem at the Sunshine Center is that Reverent Andrew appointed someone with no basic knowledge on how to manage the daily financial operation. That is why there are no financial reports and/or summaries of the cash flows. Barb has no clue on how to balance the center’s budget and didn’t keep track of bank reports and transactions; as a result‚ it was not clear where all the money went. (2). There are 5 components in the COSO Framework: Risk assessment‚ Control environment‚
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Morrison‚ the CFO of Sunshine Juice Company‚ is scavenging for a perfect pricing strategy for its orange juice; however‚ this is not the company’s only problem. It is vital for Sunshine to define its target market before developing its marketing strategy‚ including the pricing strategy of the product. In the following analysis‚ we will first identify the key issues that Sunshine needs to tackle. We will then evaluate the current market conditions of the manufactured juice industry‚ Sunshine‚ and its competitors
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Case Write-up Sunshine Foods Problem Sunshine Foods biggest problem is their declining profits. They also have had minimal growth and have high overhead costs‚ which are a large part of their declining profits. Causes Sunshine Foods has three major areas that need to be address in order to increase their profits. First‚ their motto: “As long as new products look like they will increase the company’s sales volume‚ they are introduced.” This is causing the company to take on too many products
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