I. Succint Lighthouse provides a ship tracking service for shipping companies to locate their ships at sea‚ as well as knowing their speed and the weather they are facing. Lighthouse does a contract for the delivery and installation of the physical device that is capable of achieving this through a tracking service that calls for a second contract. The price for the dedicated hardware (exclusive to Lighthouse services) and installation is a single nonrefundable amount of $10‚000 payable at completion
Premium Contract Contract law Generally Accepted Accounting Principles
of its segments share the same general risk and growth factors‚ aside from their non-Nike brand lines. However‚ they only comprise 4.5% of company revenues and are relatively insignificant. One of the first errors regarding the analysis in the case is that the employee calculated equity as a portion of total capital based on the company book value of $3‚494.5. It is more appropriate to value the equity based on current market value. The current market value of the firm as shown in the analysis
Premium Finance Stock market Financial markets
SureCut Shears Case Write-up The issues presented in this case are mainly due to incorrect assumptions about the market for sales in 1995 and the subsequent retail downturn that followed. More specifically‚ Mr. Fischer (CEO of SureCut Shears) assumed sales and demand in 1996 would be consistent with the prior year. However‚ as noted in the actual financial statements for 1996‚ inventories grew‚ reflecting that demand for its products was not as anticipated beforehand. In addition‚ sales declined
Premium Debt Loan Accounts receivable
Question 1 - Risks surrounding the identified accounts The Audit of TNO Ltd has highlighted number of risks. The risks highlighted in the audit are discussed throughout the report. Below is a table of the risks and tests to carry out‚ based on the five accounts highlighted as being of risk. The common assertion that is common to the five accounts is valuation and allocation. Account Assessment of Risk Substantive audit procedure Accounts Receivable Account Receivable has increased while sales
Premium Risk Finance Management
Case Study Hy Dairies‚ INC.” The case study‚ “Hy Dairies‚ Inc.”‚ highlights an individual‚ Rochelle Beauport‚ whose career with the company seemed promising after a successful two quarters of increased sales of Hy’s gourmet ice cream. Syd Gilman‚ the vice president of marketing‚ was so impressed with Beauport’s effort and hard work that he decided to positively reinforce her achievement by offering her a position where he believed she would gain experience from higher profile work (Human Behavior
Premium Marketing Management Strategic management
Windows 7 Case Study Page 2 of 7 Introduction Redmond‚ Washington based software giant‚ Microsoft Corporation‚ which was founded by Bill Gates and Paul Allen in 1975‚ has been a superpower in the technology world since the release of its first independently developed operating system‚ Windows 1.0‚ in 1986. With the addition of the releases of Microsoft Office‚ Microsoft Word‚ Microsoft Excel‚ and numerous version of Windows‚ the 1990’s saw Microsoft’s peak‚ as the
Premium Microsoft Microsoft Windows Operating system
I. Case Summary/Introduction This case study is about is about an Internet Company named Google. Google is a well known search engine that wants to step up an operation in China. Because of the strict laws and government in China the executives are finding it very difficult to launch this service within the country. II. Identification & Analysis of Issues The issues identified in this case study are the controversy with Google promoting the website in China and unhappy stakeholders (business
Premium United States Internet World Wide Web
Assignment #1 – MBA Choices in Finance Assigned Class 2 – Due 11:55pm on Sunday Week 4 75 Points – two page paper David Jetter graduated from college six years ago with a finance undergraduate degree. Although he is satisfied with his current job‚ his goal is to become an investment banker. He feels that an MBA degree would allow him to achieve his goal. After examining schools‚ he has narrowed his choice to either Prentice University or Mount Alliance College. Although internships are
Premium Master of Business Administration Citation Progressive tax
Roils Markets by “Peter Lattman” Wall Street Journal Nov 7‚ 2006 (C1-C5). The case of Le Nature Inc was an indication of the fragility of the debt markets. On Tuesday November 7‚ 2006 in its section “Money & Investing” Wall street Journal reported the collapse of Le Nature Inc. Founded in 1989 by “Gregory Podlucky” this closely held beverage company specialized in producing and selling drinks: flavored water‚ vitamin juice. Le Nature Inc went to bankruptcy under the allegations of financial wrongdoing
Premium Finance Subprime mortgage crisis Lehman Brothers
1. Do you expect the search business to become more concentrated? Is search a winner-take-all business? For the case of Google‚ we can conclude that the search business of Google has become more dominated and concentrated. In terms of the companies‚ they do not expect the search business to be dominated by only fewer firms. Because the search business earned large revenues from the corporates’ advertisement and the fee is very high. If the companies want to advertise on the website of search business
Premium Advertising Yahoo! Marketing