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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“American Chemical Corporation” Case Summary The key problem in this case is should Signal decide to approve the acquisition of the Collinsville plant at the price and on the terms proposed in the case As per an agreement with the government‚ American Chemical Corporation needed to sell the Collinsville plant after the acquisition of Universal Paper Corporation‚ or it be in violation of the anti-trust law. In the case‚ Signal agrees to buy the entire assets of the Collinsville plant at the price
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TABLE OF CONTENTS I.Introduction1 II.Key Issues2 III.Recommendations6 IV.References7 I.Introduction Hospital Corporation of America (HCA) is propriety‚ hospital management company founded in Nashville‚ Tennessee in 1968 with only one‚ 150-bed hospital and then grew to become the nation’s largest hospital management company. As of 1981‚ HCA owned or managed 349 hospitals in the United States and overseas. During the 1970s‚ HCA achieved its growth by acquisition of existing hospitals and construction
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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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Jones Distribution Case Finance Team -13 Executive Summary: The Company Jones Electrical Distribution was founded in 1997. The company distributes and wholesales electrical components. It is a sole proprietorship owned by Nelson Jones who is looking for a new banking relationship that will allow him to receive a larger loan to sustain his business. Even though the company has been turning in profits‚ the ineffective collection practice‚ not availing trade discounts on time and ineffective
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‘20 Most Promising Agile Solution Provider Companies’ _ Zitima Techno Solutions When was the company founded? 2012 What are the major challenges that the clients is currently facing? How is your company helping them in overcoming these challenges? Productivity is the name of the game for companies to work faster and smarter. IT technology has grown to transform the way we do business today‚ and run our businesses. We provide solutions for different trade verticals catering to their requirements
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suppliers’ financial situation‚ their estimated per unit total cost‚ evaluation as well as a sourcing risk management plan for the supplier selected. Terms of reference To prepare sourcing strategies for key purchased items for Pacific Systems Corporation (PSC)‚ starting with selecting the most appropriate supplier for potentially the next few years Recommendations After carefully considering the estimated per unit total cost‚ SureTech did come out with the lowest cost at $162.5 per unit for
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Case Report CERVUS EQUIPMENT CORPORATION: HARVESTING A NEW FUTURE Summary Cervus Equipment Corporation was founded at the time that no central organization which managed the farm equipment dealerships from original equipment manufacturer such as Jone Deer. As a wholesale trade company‚ Cervus had achieved big accomplishments during the past ten years by acquiring and operating agriculture‚ commercial and industrial equipment dealerships in Canada. Since the company has made a successful achievement
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1. Describe the organizational structure of ABCO Corporation. is a public relations relations firm. They deal with candidates giving you the best and of Excellence and promoting their clients’ businesses as well as the personal interest of their clients. They deal in the world of different markets to promote your client’s best interest for the clients products for their and clients’ image. 2. Which type of leadership power is Britney using? Is it effective in this situation? Why or why not? Britney
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The primary advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business
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