Literature Review 2.1 History of the air-conditioner Air-conditioner was invented based on invention of refrigerator. The history was told that the Chinese were the first to store natural ice and snow to cool wine and other delicacies. Evidence has been found that ice cellars were used as early as 1000 B.C. in China. Early Greeks and Romans also used underground pits to store ice. Ancient people of Egypt and India cooled liquids in porous earthen jars. Ice was produced due to vaporization
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American Corporation Analysis ACC/561 September 19‚ 2013 Mr. Ponteja American Corporation Analysis Wal-Mart is one of the biggest retailers not only in the United States‚ but also internationally. The corporation was founded in Arkansas by Sam Walton in 1962 and has grown to produce revenue of over $460 billion while employing 2.2 million employees (Seeking Alpha‚ 2013). Wal-Mart is known for the low cost structure and has succeeded in the retail market. Although the corporation has been successful
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1.0 Background of the company Telstra Corporation Limited is a telecommunications and media company‚ which is a leading provider of mobile phones‚ mobile devices‚ home phones‚ broadband internet and operating telecommunications networks in Australia. Telstra’s goal is to be one of the most admire‚ respected and trusted telecommunication companies in the world with their four strategic priorities of improving customer satisfaction‚ retaining and growing our customer numbers‚ simplifying the business
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Introduction to Corporation Accounting CORPORATION - an artificial being created by operation of law‚ having the right of succession and the powers‚ attributes and properties expressly authorized by law or incident to its existence (New Corporation Code of the Philippines). A corporation is an entity created by law that is separate and distinct from its owners and its continued existence is dependent upon the corporate statutes of the state in which it is incorporated. Characteristics of a Corporation The characteristics
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FBE 421 Marriott Corporation ------------------------------------------------- Introduction Founded in 1927‚ Marriott Corporation has become one of the leading food service companies in the United States. As of 1987‚ Marriott recorded a profit of $233 million on sales of $6.5 billion and retained a high sales growth rate of 24%. Marriott runs on three major lines of business lodging‚ contract services‚ and restaurants. Lodging division which includes 361 hotels generated 41% of 1987 sales
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Journal of Business Case Studies – January/February 2010 Volume 6‚ Number 1 Sunbeam Corporation: A Forensic Analysis Patricia Hatfield‚ Ph.D.‚ Bradley University‚ USA Shelly Webb‚ Ph. D.‚ Xavier University‚ USA ABSTRACT The members of the Board of Directors at Sunbeam were completely bewildered. Al Dunlap‚ Sunbeam’s highly successful but controversial CEO was threatening to resign after almost two years of leading Sunbeam successfully out of a slump that had threatened the long-term
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Executive Summary First Farms Corporation started as a small animal feeds manufacturing in 1950s. The company has expanded to other agribusiness products and set up nationwide facilities. Though the company has performed well‚ it has a dilemma – a huge deficit in the operating cash flows of Php 719 million despite increasing revenues. Also‚ return on equity (ROE) is decreasing. In analyzing the case‚ the group is taking the point of view of the Vice President for Finance – addressing the
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CHAPTRE TWO: MULTINATIONAL CORPORATIONS Introduction 1-1what is multinational corporation definition M.C history M.C M.C options 1-2 Definitionale Problems Firm‚ Entreprise‚ Company‚ or Corporation Transnational‚ Multinational‚ or Global 1-3 Current size‚ Nationality‚ and Sectors Size Nationality and Transnationality Industrial Sector Concentration CHAPITRE ONE: ACCOUNTING THEORY Business is one of the sources of earning income. Whenever a business
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Jessica Schmitt Income Tax 2 7-36: Lee Xanders Route 1‚ Box 2440 Mason‚ OH 45040 Dear Ms. Xanders As you are interested in the reorganization of Drab and Olive‚ please find the following information regarding three different types of consolidation‚ or reorganization; a “Type A” consolidation‚ a “Type C” or an acquisitive “Type D” reorganization. The advantages of a “Type A” consolidation include that consideration need not include voting stock. Up to 60% of consideration can be cash and property
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oval that surrounds both of these inner ovals represent the "global expansion of Toyota’s technology and unlimited potential for the future." * Toyota Motor Corporation ‚ commonly known simply as Toyota and abbreviated as TMC‚ is a multinational automaker headquartered in Toyota‚ Aichi‚ Japan. * In 2010‚ Toyota Motor Corporation employed 317‚734 people worldwide‚ and was the world’s largest automobile manufacturer by production * The company was founded by Kiichiro Toyoda in 1937 as
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