Group 2 (Bleaser; Humbles; Pennington; Robin; McLamb) Case Study Salem Telephone Company The purpose of creating the subsidiary is twofold: (1) to keep telephone customers from having rate increases and (2) for Salem Telephone to plan‚ control and make decisions on performance of its operations in the area served. Planning would involve a financial budget and the level of profit needed. Control would be the measurement and comparison of actual to estimated budget analysis of management’s
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Salem Telephone Data Corp Executive Summary The analysis of the 2004 first quarter reports‚ which include the Summary of Computer Utilization and Summary Results of Operation‚ if is clear that the Data Services division needs to be scrutinized to understand why they continue to operate at a loss. The key areas that need to be addressed are: * Current utilization of computer usage hours * The consistent negative results of the operations * Determine if some of the fixed costs can be
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study is “The Prestige”! Let us first talk about Robert Angier (Hugh Jackman). Angier is the epitome of human greed. He represents our lust for complete knowing. The person inside all of us that wants to know everything about everything‚ because we can’t stand to be in the darkness. We need to know. Nikola Tesla’s device may be fictional‚ but it does represent the extent that people are willing to go in order to satisfy their selfish curiosity. Make no mistake about it‚ “The Prestige” highlights the
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JOHN SALSBURY v. NORTH WESTERN BELL TELEPHONE COMPANY Citation: 221 N.W.2d 609 _1974 Issue The case was an appeal lodged by Northwestern Bell Telephone Company against the appellee‚ John Salsbury. The plaintiff‚ Salsbury had been involved in the efforts to establish Charles City College. A subscription for funding was solicited from Northwestern Bell Telephone Company (defendant) by Peter Bruno. Daryl V. Winder‚ the defendant’s office manager conveyed the request to his superiors who gave their
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Case 2 Chem-Med Company 1. Net Sales Growth (all credit)=[(Current Year Net Sales-Last Year Net Sales)/Last Year Net Sales]X100 a. Sales Growth 2007=[(3814-3051)/3051]X100= 25% b. Using the same formula for the remaining years and the data in figure 1 of the pro forma section: 2008=40% c. 2009=40% d. 2010=40% 2. Net Income Growth=[(Current Year Net Income-Last Year Net Income)/Last Year Net Income]X100 e. Net income Growth 2007=[(1150-766)/766]X100=50%
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Chapter Sixteen: Organizational Structure and Design Chapter Synopsis This chapter presents an overview of how one goes about designing an organizational structure‚ touching on the topics of division of labor‚ delegation of authority‚ departmentalization‚ and span of control. From there‚ it delves into the nature of the structure itself‚ including formalization‚ centralization‚ and complexity. Three organizational design models are also presented and discussed: mechanistic‚ organic‚ and
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investors. Teletech’s current practice of “one size fits all” hurdle rate is not the best practice because each division has its own risks and nature of operations. Therefore‚ each division’s profitability should be compared to that division’s own WACC. 2. See attachment 3. According to Rick Phillip’s graph‚ having a single hurdle rate leads to a constant expected rate of return no matter the level of risk presumed by the corporation. Therefore‚ the low-risk Telecommunication division seems to be
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LJB COMPANY | Internal Control | REQUIREMENTS AND REVISIONS | Prepared To: LJB Company’s President Prepared By: Yenny Gutierrez6/03/2013 | TABLE OF CONTENTS Introduction New Internal Control Requirement 4 Establishment of responsibility 4 Segregation of duties 4 Documentation procedures 4 Physical controls 4 Independent internal verification 5 Human Resources controls 5 Reviewing LJB Internal Controls 5 Pre numbered invoices 5 Ink machine
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Can you imagine how different life would be if the telephone was never invented? One of the most powerful‚ and controversial‚ inventions has been that of the telephone. Alexander Graham Bell‚ the inventor of the telephone‚ had no idea that what he invented would eventually change the world. The advancement of telephones has impacted the growth in the telecommunication field and has helped people around the world stay connected. Before this technology was invented‚ it was very difficult for
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TABLE OF CONTENTS INTRODUCTION 2 HISTORY OF TELEPHONE 3 Early Telephone Development 3 The Beginning (1876-1900) 4 The New Century (1901-1940) 6 Modern Time (1940-Today) 6 CONCLUSION 7 REFERECENCE 8 INTRODUCTION A few centuries ago‚ there were only a few kinds of communication that people can use. They could speak to each other‚ they can use smoke as a means of communication to send their message from one place to another or they could use mail. Later on‚ they also had telegram.
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