Harnischfeger Corp 1. Describe clearly the accounting changes Harnischfeger made in 1984 as stated in Note 2 of its financial statements. On page 17‚ note 2 states that in 1984 Harnischfeger altered their depreciation from a direct method to the straight-line method for financial reporting purposes. They also included the products purchased from Kobe Steel‚ LTD and sold by them in their net sales instead of stating only the gross margin per unit. An adjustment of the residual values on certain
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IBM Corp Mission Possible Antwan Buie‚ Regina Hailey‚ Cassandra Hayden‚ Valerie Wilson Shorter University Introduction International Business Machines (IBM) Corporation is a worldwide supplier of advanced information processing technology‚ communication systems‚ services‚ and program products (IBM‚ 2012). The company creates business value for clients and solves business problems through integrated solutions that leverage information technology and deep knowledge of business processes.
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CASE 1. COMTEC CORPORATION I. The Summary. The text tells us about the situation which took place with one of manufactures of microcomputers in Cambridge‚ Compec Corporation. It has some serious financial problems according to slow sales of its primary product (the Comtec 100 Microcomputer) in both domestic and international market. The president of the Compec‚ Dr. Daniel Needham made a decision to hire a seasoned consultant‚ Ms. Roberta Malcolm‚ to suggest recommendations for saving the
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Strategy AES distinguishes itself through developing new products and applications at a low cost. It is committed to social responsibility and empowering its employees through its four main principles which include integrity‚ fairness‚ social responsibility and fun. It is "different" from other corporations because AES is focused on retaining its core values and culture as the corporation expands in size. The company ’s sources of sustainable competitive advantage include technical leadership
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some of the apparent problems with Sippican’s cost system‚ should executives abandon overhead assignment to products entirely and adopt a contribution margin approach in which manufacturing overhead is treated as a period expense? Why or why not? Answer: Consider Sippican is a manufacturer company with multiple products‚ using simple cost accounting system that directly allocate factory overhead to unit of product entirely through one single allocation base (i.e. 185 % of production run direct labor
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problem that has to be solved. One of the issue here is the establishment of CCC (Customer Care Center). This CCC enables the company to provide customer with one telephone number that will answer all of customer questions due to their contract. They need to professionally train people who could effectively answer a variety of questions and increase the service dramatically. The final objective would be to reduce the lapse rate. The “lapse rate” problem for CUP was summarized by the image of leaking
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References: Anon.‚ 2012. We First. [Online] Available at: http://simonmainwaring.com/brands/how-mcdonalds-is-using-social-media-to-answer-its-customers-tough-questions/ Facebook‚ 2013. Facebook. [Online] Available at: https://www.facebook.com/McDonalds James‚ R.‚ 2009. Time World. [Online] Available at: http://content.time.com/time/world/article/0‚8599‚1932839‚00.html#ixzz2ctZ36bgY
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Institute are seeking improved international standards for mariners. However‚ in the last few years the situation has changed. The use of satellite phones‚ which are available aboard all ships that sail in the open seas‚ was able to improve the communication. Prostitution the practice of engaging in relatively indiscriminate sexual activity‚ in general with someone who is not a spouse or a friend‚ in exchange for immediate payment in money or other valuables. Prostitutes may be female or male
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Research Note on the Stocks of CALATA CORPORATION Submitted by: Shaira Marie Bual Aries Kathleen Cambarijan Napoleon Fortis Cristel Mercado Debbie May Poblacion Nova Angelique Ramos Janica Bianca Talisayan Submitted to: Mr. Rolan Literatus CPA‚ MBA Date: May 25‚ 2015 I. Corporate Background CALATA CORPORATION fully owns and operates its own chain of retail stores named AGRI - the largest retailer of the country’s choice brands such as AGRI Crop Protection‚ Heisenberg veterinary
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Draft MW Petroleum Corporation (A) Background: In late 1990‚ the group of Amoco Corporation and Apache Corporation had begun talking regarding the possible acquisition of MW Petroleum from Amoco to Apache. MW Petroleum Corporation is a wholly owned subsidiary of Amoco Corporation which has its own reserves‚ management team and with full ownership in geologic and engineering data. MW Petroleum‚ a free-standing exploration company that was even as large as some of independent oil companies. It
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