MINICASE ACCT – 13 1. What are the relevant facts? - The company for which Chris is the controller is facing difficult times in light of a downturn in the construction industry. - Chris and Robin know that a material receivable from the Ender Corporation is probably uncollectable. - The allowance adjustment for the material receivable has not been made - Allowance adjustment will cause the auditor to mention the company’s unstable financial position and therefore without a clear opinion‚ the
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Executive Summary Biopure Corporation was established in 1984 and is a privately owned pharmaceutical firm. They are trying to launch two new products: Hemopure (human market) and Oxyglobin (veterinary market). They are the only company aggressively engaged in the development of blood substitutes for the vet market. Biopure has invested $200M in the development of said blood substitutes. They currently don’t have any revenues with little to no debt and financing of $50M to support these operations
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NVQ3 unit 26 (LD310) Understand how to support individuals with autistic spectrum conditions 1.1 It is important to recognise that individuals who are on the autism spectrum are seen as individuals. Clients with autism can easily be grouped into an autism grouping when providing support for them. For example‚ two clients who reside in the same property or within the same company could find themselves being provided support for their autism rather than their individualities‚ strengths and interests
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Situation Analysis Industry: Cutlery/ Direct Selling Industry Sales force consists of 15 million direct sellers 2007 U.S. Industry sales were $30.8 billion; Global sales were $114 billion Average annual growth rate is 3.2% Company: 61st year in operation (2010) $200 million revenues Headquarters located in Olean‚ Pennsylvania Over 500 products‚ ranging in price from $27 to $945 (Increases 5% every other year) Numerous subsidiaries- Trends: Majority of sales force
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Memorandum Date: February 26‚ 2010 Re: Introduction of new package for Skin-Tique’s Soft and Silky Shaving Gel The industry for women’s shaving creams and gels is small and new. The purchasing of women’s shaving products varies by season. The peak season is summer‚ while sales decline in the winter. Competition is strong‚ but Skin-Tique has a strong presence. The women’s wet shaving products industry‚ as a whole‚ is rapidly growing and increasing in technological advancement. The wet shaving
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suppliers’ financial situation‚ their estimated per unit total cost‚ evaluation as well as a sourcing risk management plan for the supplier selected. Terms of reference To prepare sourcing strategies for key purchased items for Pacific Systems Corporation (PSC)‚ starting with selecting the most appropriate supplier for potentially the next few years Recommendations After carefully considering the estimated per unit total cost‚ SureTech did come out with the lowest cost at $162.5 per unit for
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1. Describe the organizational structure of ABCO Corporation. is a public relations relations firm. They deal with candidates giving you the best and of Excellence and promoting their clients’ businesses as well as the personal interest of their clients. They deal in the world of different markets to promote your client’s best interest for the clients products for their and clients’ image. 2. Which type of leadership power is Britney using? Is it effective in this situation? Why or why not? Britney
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The primary advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business
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You are required to prepare an investigative report on a recent corporate scandal that involved improper accounting practices or any form of financial scandal. Your report must include the following: an overview of the corporation a description of the scandal methodology - explaining the specific accounting impropriety that the company used. an explanation of how the firm managed to hide their accounting improprieties a discussion of who the scandal effected - both inside‚ and outside
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1.1 Introduction Polaroid Corporation was founded in 1937 by Edwin Land who dropped out of Harvard College in order to focus on the research on the polarization of light. He developed the first instant camera in 1948. From that time onwards the instant camera was the main product of the company. 90% of the company’s efforts were tied up to this product over the next decades. Within four decades‚ sales of the firm grew from $142000 to over $1 billion. Significant break- through of Polaroid included:
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