1. Why did Dolan decide not to reduce customer service staff in the cable operation? 2. How did the company’s sinking stock price affect its financial management? 3. Why couldn’t Cablevision simply borrow $600 million to close the cash flow gap? Due to Cablevision already being in hot water with the New Yorkers for not carrying the Yankee games‚ Dolan decided not to reduce customer service staff. As mentioned in text‚ in addition to Cablevision’s market value taking a nasty tumble in summer
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Knowing Your Audience: The Chilean Mine Collapse Knowing your audience is an important factor to consider when there is information to be released to a public forum. Special considerations should be taken to ensure that the message is communicated effectively. The sender must recognize any potential barriers to communication that may hinder the audience from receiving the intended message. By recognizing who the audience is composed of‚ the sender is able to cater the message accordingly
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Enron is frequently given as an example of creative accounting. It is also given as a good example of accounting fraud and insider trading. This is a good example of creative accounting taken too far - not many would disagree that it was accounting fraud‚ although some would say they were just unlucky to get caught. after all‚ the auditors were Arthur Anderson‚ at the time one of the most respected auditing firms. Creative Accounting – Example 1 – Creating multiple trading entities The creative
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The Buzz on Colony Collapse Disorder Denise Collins According to the National Geographic News website‚ the domestic honey bee population has decreased 50% in as many years (Roach‚ 2004). Many reasons are blamed for the decrease in honey bee numbers including diseases and pesticides. Scientists have given the decline in honey bee population phenomenon a name‚ Colony Collapse Disorder. While some experts maintain that Colony Collapse Disorder is a nuisance and not a catastrophe‚ it is a serious
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Enron: The Smartest Guys in the Room Extra Credit for Accounting II By: Grace Lindley ENRON: The Smartest Guys in the Room is the story of one of history’s greatest business scandals‚ in which top executives of America’s seventh largest company walked away with over one billion dollars while investors and employees lost everything. Based on the best-selling book The Smartest Guys in the Room by Fortune reporters Bethany McLean and Peter Elkind‚ and featuring insider accounts and
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Collapse of the Soviet Union For most of the 1900’s‚ the Soviet Union was one of the most powerful countries in the world. They fought in both World Wars and they also helped to defeat the Nazis in World War 2. Even with all of their achievements‚ the Soviet Union’s government began to disagree with the people and even force their will upon them in the mid to late 1900’s and they finally collapsed in 1991. The collapse of the Soviet Union was caused mainly by internal issues that developed long
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it for various reasons like circumstance‚ war‚ poverty and some by choice. Initially‚ I believe that prostitution is practiced in poor and underdeveloped societies not until I read the articles provided for this class discussion. Prostitution is morally wrong‚ aids human trafficking and it is a gateway to various sexually transmitted diseases. As a Christian‚ the Holy Bible made it clear that our body is the temple of Holy Ghost. Having premarital sex or any kind of sex with someone that is not your
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Is abortion morally justifiable? The issue concerning abortion is considered to divide many individuals‚ it tends to be fought over the point in which a foetus (an unborn human baby more than eight weeks after conception) becomes an independent life that has its own values: before birth or after conception. “To my mind life begins at the moment of conception‚ and to suggest otherwise seems to me just the sort of casuistry which an anti-Papist might describe as fesuitical. (Incidentally‚ I am
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CASE 3 Enron: Questionable Accounting Leads to Collapse Once upon a time‚ there was a gleaming headquarters office tower in Houston‚ with a giant Tilted ―E‖ in front‚ slowly revolving in the Texas sun. Enron‘s suggested to Chinese feng shui practitioner Meihwa Lin a model of instability‚ which was perhaps an omen of things to come. The Enron Corporation‚ which once ranked among the top Fortune 500 companies‚ collapsed in 2001 under a mountain of debt that had been concealed through a complex scheme
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Enron Corporation: THE RISE AND FALL; ACCOUNTING SCANDAL Submitted To: Professor Bill Bristol Submitted By: Kenneth Rhodes‚ Jr. Metropolitan College of New York (MCNY) TABLE OF CONTENTS I. ABSTRACT...............................................................................................................................2 II. purpose and service....................................................................................................3 III. HistorY.............
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