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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Polaroid Corporation‚ 1996 In late March 1996‚ Ralph Norwood was faced with the task of restructuring Polaroid’s capital structure. In the past‚ Polaroid had a monopoly in the instant-photography segment. However‚ with upcoming threats in the emerging digital photography industry and Polaroid experiencing recent losses in their market share due to Kodak’s competition‚ Gary T. DiCamillo‚ recently appointed CEO of Polaroid‚ headed a restructuring plan to stimulate the firm’s performance. The firm’s
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PC vs MAC One of the hardest decision to make when looking for a new computer; a PC‚ or a Mac? There are many key differences‚ but are still similar. They both come in many variants: Laptops‚ Desktops‚ and even Servers. It is very important for the customer to make the right choice as these computers can be used for different tasks. Which is right for you? Both‚ the PC and the Mac have a similar backbone. They both use a CPU‚ have RAM‚ and can often include a GPU. They both offer many great anti-malware
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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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ANALYSIS OF PRODUCT DEVELOPMENT AT DELL COMPUTER CORPORATION Abstract Dell’s Portable Division‚ headed by Mark Holliday‚ had reached a decision point in the development of its new laptop computer. Holliday had to decide‚ or reach consensus on‚ what kind of battery Dell would put into its new line of laptop computers. It was the second try for Dell in the laptop market. The first attempt had failed due to technical problems‚ costing the company $20 million in development expenses alone. After the
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Did you know‚there is an eight hundred dollar mascara.A five hundred to seven hundred dollar lipstick. Even a two hundred dollar highlight. Those are some interesting facts about makeup But i’m here to talk more about that. I will be talking about brands like M.A.C ‚ Tarte‚ Laura Mercier and their history. M.A.C- M.A.C was established in Toronto when Frank Toskan brainstormed the idea for a makeup line. He was frustrated with the lack of colors that looked good in photography lighting . The
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women. Soft and Silky Shaving Gel is premium priced‚ which is widely accepted due to its positioning as a high quality shaving product. The Packaging and Test Market Decision: The recommendation to change the packaging was based on four developments. The developments are: a plateau in unit sales volume for Soft and Silky Shaving Gel‚ the growth has strained manufacturing capacity‚ there are currently no expansions plans for manufacturing expansion‚ and the aerosol container has become the dominant
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offered to the consortium’s 75‚000 employees whom are locate in and around Nashua‚ New Hampshire. The consortium of employers includes companies such as IBM‚ Ford‚ and Prudential Insurance. The approach that New England has to the premium development is that the premiums received from the employers must cover the cost of the providing required healthcare services‚ also known as medical costs‚ and the costs of administering the plan and of establishing reserves‚ also known as other costs. Reserves
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district and the conditions in the neighborhood.” After investigating 12 neighborhoods in their study‚ they found that school officials had “found no standard approach to improving educational opportunities and outcomes for neighborhood children” (Khadduri‚ et.al.‚ p.
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APPEX CORPORATION Background Appex Corporation’s business is supplying management information systems and intercarrier network services to various cellular phone companies. In 1986‚ Appex entered this fast-growing market as a very small organization. Between 1986 and 1990‚ revenues grew 1600%. Similar growth was also seen inside the company as the number of employees rose from 26 to 180 between 1988 and 1990. Due to the relative youth of both cellular phone technology and Appex‚ the company
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