Case Study: Enron Corporation Accounting Scandal 1. What is Enron Scandal? Formed in 1985 from a merger of Houston Natural Gas and Internorth‚ Enron Corp. was the first nationwide natural gas pipeline network. Over time‚ the firm’s business focus shifted from the regulated transportation of natural gas to unregulated energy trading markets. The guiding principle seems to have been that there was more money to be made in buying and selling financial contracts linked to the value of energy
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[pic] By: Michael Malone Statement of the Problem Rajat Singh‚ a managing director at Hudson Bancorp‚ needs to find a way to rejuvenate the paper check corporation. One main part that needs to be calculated is the appropriate mixture of debt and equity for the firm. The company needs to determine the correct mixture so that they can both minimize the cost of capital and increase the shareholders value. I will analyze the current and future situation of the company‚ trying to find the correct
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Hong Kong & Shanghai Banking Corporation (HSBC) 1. The HSBC Group - The HSBC Group is named after its founding member‚ The Hong Kong and Shanghai Banking Corporation Limited‚ which was established in 1865 to finance the growing trade between Europe‚ India and China. - Is based in Hong Kong‚ where the bank’s business has been physically conducted‚ and with a large network of branches in Asia‚ a very large London branch office‚ and several US branches‚ plus a subsidiary bank in California and
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Debt Equity Debt/Equity Ratio Return on Equity 15‚000‚000 2‚250‚000 0 2‚250‚000 1‚350‚000 1‚000‚000 1.35 0 15‚000‚000 0.00% 9.00% Worst Case 10% 16‚500‚000 2‚475‚000 500‚000 1‚975‚000 1‚185‚000 1‚000‚000 1.185 5‚000‚000 15‚000‚000 33.33% 7.90% Expected Case 30% 19‚500‚000 2‚925‚000 500‚000 2‚425‚000 1‚455‚000 1‚000‚000 1.455 5‚000‚000 15‚000‚000 33.33% 9.70% Best Case 50% 22‚500‚000 3‚375‚000 500‚000 2‚875‚000 1‚725‚000 1‚000‚000 1.725 5‚000‚000 15‚000‚000 33.33% 11.50% 1. For sure‚ the company can
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companies to motivate‚ reward and train their employees to be the best quality personnel. Starbucks Corporation‚ the most famous chain of retail coffee shops in the world‚ mainly benefits from roasting and selling special coffee beans‚ and other various kinds of coffee or tea drinks. It owns about 4000 branches in the whole world. Moreover‚ it has been one of the most rapid growing corporations in America as well. The reasons why Starbucks is popular worldwide are not only the quality of coffee
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THE ZALE CORPORATION Zale Corporation is a leading specialty retailer of diamonds and other jewelry products in North America. The Company has significant brand name recognition as a result of each of its brands’ long-standing presence in the industry‚ having 2.349 stores in the United States‚ Puerto Rico and Canada. The Company´s vision “provide customers with quality merchandise at the lowest possible price” has remain the same since its first store opening in 1920´s. The Mission of Zale Corporation
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Case Questions: 1. Option #3 suggests Stryker Corporation to build its own facility to manufacture its own PBCs. Under the current situation that some contract manufacturers have weak performance in quality and delivery‚ the benefits of this option are obvious as following: First of all‚ option #3 promised the highest degree of control over quality and delivery‚ which can solve the major problem that Stryker has faced with recently. On the other hand‚ self-manufacturing offers an opportunity
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True Alliance Financial Corporation Vision Statement True Alliance Financial Company want it to be easier for your customers to get what they want. We don’t want you to lose customers’ because of their inability to pay in full and we understand offering financing yourself is unfeasible? Retail financing with True Alliance Financial Company is the answer to boosting your sales by helping your customers afford what they want. With our retail financing services‚ you can accept applications on-site and
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Lei Shi Company Research Paper (The Target Corporation) FINA 3301 November 21‚ 2013 Target Corporation (NYSE: TGT) is one of the top ten largest retailers in the U.S. by sales. In its most recent year in 2012‚ Target who has proclaimed itself as “cheap chic” produced over $70 billion in revenue through the sales of apparel‚ house wares‚ electronics and other products (Exhibit 5). At Target‚ corporate governance practices have been in place for more than 50 years‚ and continue to evolve to balance
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AK Steel Holding Corporation AK Steel (NYSE: AKS) has got a perfect start for 2016‚ with its shares gaining more than 83% so far this year. This strong momentum in the share price performance can be attributed to the recent rally in steel prices along with the strong financial and operating performance in the fourth-quarter of 2015. Steel prices shot up to the tune of 8% to 27% across the world in 2016. For instance‚ The United States HRB spot price rose by 10% to the current level of $466 per metric
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