MAA350 ETHICS AND FINANCIAL SERVICES Trimester 2‚ 2013 ASSIGNMENT: LIVENT‚ INC.: An Instructional Case PART A Question A1 Outline the frauds identified in the case and explain the inconsistencies with proper accounting treatment. Relate your answer to broad accounting concepts and accounting standards where relevant. (8 marks; approximately 800 words) Answer: Livent Inc. is a theatre production corporation registered in Toronto‚ Canada. Therefore‚ all
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Business Analysis of Apple Inc. On April 1‚ 1976 Steve Jobs‚ Steve Wozniak‚ and Ronald Wayne joined together to form Apple Computer Incorporated. The concept behind their company was the creation of an inexpensive‚ simple to use personal computer kit. Working out of Jobs’ garage in Cupertino‚ California the trio designed and manufactured their first product in three months. They named this product the Apple I and it went on sale in July 1976 for $666.66. Six months after the release of the Apple
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NCB OFFICE PRODUCTS INC. Executive Summery NCB is a manufacturer and distributer of a wide range of office products. In Canada‚ NCB uses several distributers in different regions. One of the major distributers is Harrison Stationary and Office Supply LTD. Harrison had distributed NCB’S products for over 50 years and NCB was the largest supplier of Harrison. In January 2003 Harrison was acquired by the president of the company and four senior officers. Most of the acquisition cost was financed
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California based genetic foods producer Calgene Inc. has been chosen as the subject for the case analysis. The company‚ which is now part of Monsanto‚ introduced genetically modified tomatoes in the year 1992 called the “Flavr Savr Tomato”. This case analysis uses the Langenderfer & Rockness’ Seven Stage Framework to analyse the ethical decisions taken by the company. Stage 1: What are the facts of the case? Calgene Inc. has invested $20 million in producing genetically modified (GM) tomatoes
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The Gap‚ Inc. History Address: 2 Folsom Street San Francisco‚ California 94105 U.S.A. Telephone: (650) 952-4400 Fax: (415) 427-2553 Website: www.gap.com Public Company Incorporated: 1969 as The Gap Stores‚ Inc. Employees: 169‚000 Sales: $14.4 billion (2003) Stock Exchanges: New York Ticker Symbol: GPS NAIC: 448140 Family Clothing Stores Company Perspectives: At Gap‚ Inc. we never stop moving. It takes thousands of passionate‚ dedicated and talented employees around
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Introduction Mr. Carl Robins‚ who is a new campus recruiter for ABC‚ Inc.‚ fell short on planning and execution of the new employee orientation. His lack of planning and execution could imply that either Carl is not fully qualified‚ or ABC‚ Inc. does not have a very solid mentoring program. Being a new employee of only six months‚ Carl’s supervisor/manager should have been monitoring Carl’s planning of the new employee’s orientation and offer assistance if needed. Background In early April‚
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The documentary Food Inc. provided a shocking view of corporate farming in the United States. It exposed the unhealthy‚ harmful‚ and the inhumane process behind the farming industry. The documentary addresses the problems in the typical supermarket today and the conception of the meats. They talk about how the producers of the products in the grocery store care about is how the packaging of the products is viewed. They bring out the issue that most of the products in the shelfs are often showed to
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Incoterms 2010 – ICC rules for the use of domestic and international trade terms The Incoterms rules are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) widely used in international commercial transactions. The Incoterms rules are intended primarily to clearly communicate the tasks‚ costs and risks associated with the transportation and delivery of goods. The Incoterms rules are accepted by governments‚ legal authorities and practitioners worldwide
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Motorola Inc. Facts: Motorola was founded in 1928 and was well known for its radios and other electrical andelectronic products. They were one of a few American companies that marketed a wide range of electronic products. They created a new division called Application Specific Integrated Circuit(ASIC)‚ which was a new and dynamic market with unique requirements. This was changing the way Motorola delivered its products to its customers. This caused them to look at designing an effective management
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Summary of Nike Case 张朦 袁潇 钟毅 张希圆 Nike is nowadays one of the world’s largest suppliers of athletic shoes and apparel and a major manufacturer of sports equipment accessories and services. In 2001‚ Nike’s share price declined to $42.09 on July 5. The unexpected fall in share price captures the NorthPoint Large-Cap Fund’s attention. The fund manager of this mutual fund‚ Kimi Ford‚ concerns whether it is the time to put Nike into the portfolio. On July 5‚ 2001‚ Nike discloses its fiscal year
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