STUDENT CASES to accompany Accounting & Auditing Research: Tools & Strategies‚ 8e NOTE: In addition to the in-chapter and end-of-chapter exercises which serve as short cases you will find the following short cases arranged by course title that can also be utilized as short cases that require the student to access the authoritative literature to address the issue presented in the case. Solutions to the cases below are available to instructors on the Weirich Accounting & Auditing Research
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Experiment 1: The Effects of Coal Mining Coal mining‚ particularly surface mining‚ leads to large areas of land being temporarily disturbed. The mine workings collect and conduct water that is in contact with the widespread pyrite‚ a mineral that produces iron and sulfuric acid when exposed to air and water. In this lab‚ you will see first-hand the reasons why mine drainage can be harmful to the local drainage system if left untreated. Materials: (3) 100 mL Beakers 1 tsp. Crushed pyrite 1 tsp. Activated
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Philips versus Matsushita: A New Century‚ a New Round 1. How did Phillips become the leading consumer electronics company in the world? Philips started its business in 1892 in Eindhoven with its basic product‚ a light bulb. The company focused on only producing light bulbs at the beginning‚ and could therefore specialize and create significant innovations. The rapid growth to being the leader in industrial research‚ helped to broaden its product line. During the post war era Philips gained
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Ten years ago no one had heard of Islamophobia‚ today the fear spreads like cancer. A phobia widespread‚ filled with mayhem‚ poisonous rhetoric‚ and cruelty . 9/11 was the catalyst for a new wave of Islamophobia. People seem to forget that Muslims were also victims on that day. Terrorists did not spare those who’s religion they claimed their own.Cultural and religious acceptance was put on the back burner. There has always been the need for an enemy‚ otherwise the good guys wouldn’t see any publicity
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Strategic Management: The Quest for Competitive Advantage‚ Second Edition II. Cases in Crafting and Executing Strategy 15. Countrywide Financial Corporation and the Subprime Mortgage Debacle © The McGraw−Hill Companies‚ 2011 Case 15 Countrywide Financial Corporation and the Subprime Mortgage Debacle Ronald W. Eastburn Case Western Reserve University Angelo Mozilo‚ founder and Chairman of Countrywide Financial Corporation‚ was the driving force behind the company’s efforts to become
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following paper is a Financial Analysis of Apple‚ Inc. The paper is an unorthodox Financial Analysis of Apple‚ but will cover all the key aspects of a Financial Analysis - albeit in a different way. The first section of the Financial Analysis will have preconceived notions of Apple (what an individual thinks of Apple‚ without the facts in his hand - in this case the Financial Analyst of this paper)‚ the Financial Analysis - which includes stock performance‚ various financial ratios‚ dividend payout
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Legislation and the Rights of Individuals The Equality Act 2010 The Equality Act 2010 came in to force on the 1st of October 2010 which legally protects people from discrimination based on their characteristics in the work place or in a health and social care service. These are the protected characteristics: • Age • Disability • Gender reassignment • Marriage and civil partner ships • Pregnancy and maternity • Race • Religion • Sex • Sexual orientation The act replaced previous anti-discrimination
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Philips versus Matsushita: A New Century‚ A New Round How did Philips become the leading consumer company in the world in the postwar era? What distinctive competence did they build? What distinctive incompetencies? During 1892‚ Gerard Philips had a small light-bulb factory in Eindhoven‚ Holland in the same year the factory was failing so the brother Anton‚ a salesman came abroad. The larger electrical company was very diverse with their products. The two brothers focus on technological prowess
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TERMS: 1. Required Return – return necessary to induce an individual to make an investment 2. Risk – possibility loss; the uncertain that the anticipated return will not be achieved 3. Diversifiable Risk – risk associated with individual events that affect a particular asset: • Firm – specific risk that’s reduced through the construction of diversified portfolios 4. Business Risk – risk associated with the nature of a business 5. Financial Risk – risk associated with
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component cost of retained earnings. Briefly explain the two alternative approaches that can be used to account for flotation costs. Briefly explain why the cost of new common equity is higher than the cost of retained earnings‚ calculate the cost of new common equity‚ and calculate the retained earnings breakpoint—which is the point where new common equity would have to be issued. Calculate the firm’s composite‚ or weighted average‚ cost of capital. Identify some of the factors that affect the WACC—dividing
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