Harnischfeger Corporation • Includes in net sales products purchased from Kobe Steel. Financial Statements of certain foreign subsidiaries are included on the basis of their fiscal years ended July 31. Although this has no significant impact on net income‚ it did increased net sales by $5.4 million. • Perhaps one of the most significant accounting changes would be changing the method for depreciation expenses on plants‚ machinery and equipment – from principally accelerated methods to straight
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Deluxe Corporation Ninth Annual Institutional Investor Forum Sidoti & Company‚ LLC Jeff Johnson‚ Treasurer and Vice President Investor Relations September 24‚ 2010 Presentation Scope ■ Comments are limited to information already publicly released: – 10-K for 2009‚ filed February 19‚ 2010 – 10-Q for Q2 2010‚ filed August 5‚ 2010 ■ All estimates and projections are subject to risks and uncertainties that could cause actual future results to differ materially from those estimated or projected
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ACCOUNTING TOPIC- INDUSTRIAL GRINDERS N.V. CASE SUBMITTED BY GROUP-1 ABHISHEK PRATAP SINGH-/1 GAURAV PARASAMPURIA-/1 KOUSTUV BANERJEE-/1 SHAYANI PURKAYASTHA-032/1 QUESTION-WHAT ACTION SHOULD BRIDGEMAN TAKE? WHY? In this case‚ defining the problem is very important. The problem is that French firm Henri Poulenc produces a plastic ring to substitute from the steel rings used in certain machines sold by Industrial Grinders and this plastic ring is a new product to market. It has longer
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Marriot Corporation : the Cost of Capital. In front of Dan Chores is the issue of recommending three hurdle rates for each of Marriott Corporation’s three divisions‚ which have significant effect on the firm’s financial and operating strategies as well as its incentive compensation. Marriott Corporation had three major lines of business: lodging‚ contract services and restaurants. Also Marriott had its growth objective‚ to remain a premier growth company. The four components of
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THE PARTIES International Thunderbird Gaming Corporation (‘Thunderbird’) is the Claimant‚ a publicly held Canadian Corporation with its principal offices in San Diego‚ California‚ U.S.A.; the United Mexican States (‘Mexico’) is the Respondent. SUMMARY OF THE FACTS OF THE CASE Thunderbird is engaged in the business of operating gaming facilities‚ conducting investigations in Mexico in 1999-2000 concerning potential “skill machine” opportunities. Pursuant to many meetings and discussions through the
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Case Analysis: The Ethics of Bankruptcy: Jetsgo Corporation Team 4 1.) Summary: Jetsgo was a private company owned by Michel Leblanc. Leblanc had lived his life around airplanes. In 1991‚ he and a partner started Royal Aviation Inc.‚ which he sold in 2001 for $84 million in stock to Canada 3000. Although he was subsequently sued by Canada 3000 for providing inaccurate financial information‚ the case was never tried because Canada 3000 went into bankruptcy protection in November 2001. In
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Executive Summary Statement of the Problem National Railroad Passenger Corporation (Amtrak) is the primary provider of passenger-rail service in the United States. Amtrak has never been profitable in its 30 year history and will lose federal subsidies for operational expenses by 2002 because of the Amtrak Reform and Accountability Act (ARAA). Amtrak is planning to launch the Acela line in the Northeast Corridor of the US to become self-sufficient‚ which will not only offer faster trip times‚ premium
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Work in Pre-industrial‚ Industrial and Post-industrial era For this paper‚ we are going to look at 3 very different periods from the history. We concentrate on the work conditions‚ look at who has to work in the family and how inventions influence the production and selling processes. Also‚ name some jobs that were popular during these periods. First era is Pre-industrial era. Eventhough this period goes far back to the time when plough was invented (Concern Infotech Pvt. Ltd. 2010)‚ we are going
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Case-Summary An American international sales manager seeks to meet with Latin American purchasing manager‚ because they are searching for an investment partner of State-of the art production to improve their equipment of the business. After arriving the American sales manager misses the contact to his local correspondent person. In order to find that person he seeks advice from commercial attaché about how to approach the latin American purchasing manager. The attaché gives him seven basic advices/rule
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The Medicines Company Case 1. What is the value of Angiomax to a hospital? 1.1 Angiomax Vs. Heparin Angiomax is considered as a potential substitute for heparin. It has 3 major advantages when compared with Heparin. First‚ the effects of Angiomax are more accurate and more predictable. Second‚ it works better among patients at risk for bleeding‚ where heparin often proves problematic. Third‚ the product works faster than heparin and patients do not need to wait for 2 – 3 hours to identify the
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