Bear Stearns & Co Page 1 of 10 Bear Stearns & Co Answer the following 10 questions‚ using the financial statement data from Blockbuster Entertainment Corporation. Show your work (i.e.‚ note what numbers you’re using). On May 9‚ 1989‚ Bear Stearns & Co. issued a report on Blockbuster Entertainment Corp.‚ which is reproduced in part below. Blockbuster-Entertainment (Ticker symbol: BV‚ Price per share: $33 ½) increased owned and franchised video stores from 19 at the end of 1986 to 415 at December
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issues – scandals in auditing Introduction • For this assignment‚ you are required to research and report back on one of four well known scandals that involve auditors in some way. • It can be commenced after week 1 lectures are completed‚ so gives you a chance to get part of your semester’s work done early. It is due in week 3 (Thursday at 4 pm). • You will also be required to very briefly report to your tutorial group on one interesting point you have found. Research into Scandals Choose
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1868 NAIC: 334518 Watch‚ Clock‚ and Part Manufacturing; 339911 Jewelry (except Costume) Manufacturing; 44831 Jewelry Stores SIC: 3873 Watches‚ Clocks‚ Watchcases & Parts; 3911 Jewelry & Precious Metal; 5944 Jewelry Stores Founded in 1837‚ Tiffany & Co. has long been renowned for its luxury goods‚ especially jewelry‚ and has sought to market itself as an arbiter of taste and style. Tiffany designs‚ manufactures‚ and sells jewelry‚ watches‚ and crystal glassware. It also sells other timepieces‚ sterling
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staggering. Only 10 billion tons of waste are disposed of properly every year in the US. The Love Canal scandal is a prime example of a company producing toxic waste and disposing of it in an unsafe manner. This paper will give an overview of the Love Canal scandal‚ the cost‚ and the governments’ response. The Hooker Chemical Corporation was one of the major players in the Love Canal scandal‚ and their role was the polluter. Following is some background information on the Hooker Chemical Corporation
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the relationship between the United States and the Soviet Union. Richard Nixon was very famous for what he did‚ but on June 17‚ 1972 all of his fame changed. The Watergate incident was one of the most tragic events in the United States because the scandal involved a president‚ participating in a cover up. Richard Nixon was positive‚ but also negative to the United States because of the Watergate break-in. President Nixon did demonstrate good leadership‚ but at the sametime he displayed a careless example
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State Department of Corrections wants to change the prison to be a co-correctional institution with 100 women and 700 men. Summarize the primary issues in starting a co-correctional institution‚ including facility problems‚ social problems and staff/management problems. Don’t try to solve the problems – simply point out and describe the issues that must be considered if this change is to go forward. The recommendations for co-gender institutions may seem extreme to the unitiated‚ but leaving
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Co-operation is one of the most fundamental and associative process of social life. No society can exist without this. It is the root of human life. The term cooperation is the product of two Latin words i.e. ’C o’meaning ’together’ and ’operari’ meaning ’To work’ Hence co-operation means ’.joint work’ of working together . In other words‚ co-operation literary means working together for the achievement of common goal or goals. "Co-operation" says A.W. Green is the continuous and common endeavor
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Societe Generale is a French bank founded in 1864 by a group of manufacturers and financiers. This bank was designed to encourage the growth of trade and industry in France. Its headquarters are in Paris and Nanterre‚ France. Currently Societe Generale has three main divisions that they focus on- these include: Retail banking and specialized financial services Corporate and Investment Banking Global Investment management and services Among these‚ their services also include specialized financing
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Enron’s Questionable Transactions 1. Which segment of its operations got Enron into difficulties? * The fact that Kopper was appointed to Fastow and he was an employee at Enron was the first thing that got them into trouble. Another reason was that over 11 million was invested and it ended up not being invested at all. I believe these two situations ended up being the start of Enron’s problems. Enron also was not reporting the revenue for service correctly and his stock was paid
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1. What explains the high level of corruption at Siemens? How did managers engaged in corruption rationalize it? In Germany‚ bribery was legal before 1999‚ now was illegal. However‚ Siemens continued bribery‚ they sent the money to the bank in Switzerland that was difficult to trace. Also‚ they hired a lot of “consultant” to help them accomplish corrupt business. Managers rationalized that bribes were looked like a “cost of doing business” and “useful money”. They believed this way could keep the
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