University of Chicago Booth School of Business Accounting and Financial Analysis I (B30016) Case 1: Acme United Corporation Selected Computations Prof. L. Soffer The journal entry summarizing the 2008 activity in the first table in the tax footnote is: Income tax provision $2‚209‚030 Deferred income tax asset/liability - net $224‚277 Cash or income taxes payable $2‚433‚307 The journal entries summarizing the pretax effect of the charge to AOCI for the pension plan and the related tax effect are:
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Chapter 5 Case -- Stem Corporation (A)* On December 31‚ 2006‚ before the yearly financial statements were prepared‚ the controller of the Stem Corporation reviewed certain transactions that affected accounts receivable and the allowance for doubtful accounts. The controller first examined the December 31‚ 2005‚ balance sheet (Exhibit 1). A subsequent review of the year’s transactions applicable to accounts receivable revealed the items listed below: 1. Sales on account during 2006 amounted to $9
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CAMBRIDGE SOFTWARE CORPORATION CASE QUESTION 1: IF CAMBRIDGE SOFTWARE IS OBLIGED TO LAUNCH JUST ONE PRODUCT‚ WHICH ONE SHOULD IT BE‚ AND HOW SHOULD IT BE PRICED? For every single version‚ we have calculated the total contribution for each price that segments are willing to pay‚ and chosen the price that can maximize the total contribution. SELL ONLY "STUDENT" VERSION Price Segments unit cost Unit Contribution Seg. Dev. Costs Demand Total Contribution $200 Consultants $15
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the following duties: 1) duty of care – duty to make/delegate decisions in an informed way; 2) duty of loyalty – duty to advance corporate over personal interests; 3) duty of good faith – duty to be faithful and devoted to the interests of the corporation and its shareholders; 4) duty not to “waste” – duty to avoid deliberate destruction of shareholder value. There is no reason to believe that the duties of Vector’s board should be any different. The major conflict between Vector’s board and its
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The City Bus Corporation Case Study By Stacy Knapp Excelsior College The City Bus Corporation provides school bus transportation to public schools in Lancaster County the city owns fifty buses that are garaged in three different cities within the county. The firm faces competition from two larger bus companies that operate in the same area. Public school boards and private schools generally award contracts to the lowest bidder‚ but the level of service and overall performance are also
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A. The first sign of communication problems surfaced at Cerner corporation on March 13th‚ 2000 • The CEO‚ Neal L. Patterson sent a memo to the entire corporation with extremely hard remarks • The CEO did not consider the fact that this memo can be leaked to outside worlds if sent to entire corporate • The CEO did not consider the impact of his message on the all different kinds of employees that the company has B. The message sent by CEO has no objective • The message should have been discussed
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Group 5: Acorn Industries‚ Continental Computer Corporation‚ and Goshe Corporation Goshe Coporation In the case study on the Goshe Corporation‚ we are introduced to the head of the organization‚ Banyon. He announced that there would be an average salary increase of 7% for workers. The problem began to arise when the Finance division only received a 5.5% salary increase. The scientific programmers in the Finance division felt that their Electronic Data Processing (EDP) efforts should be duly
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Marketing management CASE 1: McDonald’s CORPORATION IN THE NEW MILLENNIUM How are Customer tastes changing in the fast-food industry? What impact do these changes have on McDonald’s? First‚ people are trying to eat more and more healthy food. This has an impact on the fast food industry and especially on McDonald’s‚ the world’s largest chain of hamburger fast food restaurants. As people think about their health‚ they eat less often at McDonald’s and it as an impact on the sales. Secondly
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Farrell 2010) In this essay‚ besides demonstrating the concept of strategic marketing‚ I will take Starbucks Corporation‚ United States for a case to define its position in this turbulent chain coffee shop market. Then‚ identify the “customized mass production” and evaluate how the organization affect and communicate the market. Next‚ the strategic importance of Starbucks Corporation‚ United States will be analyzed by various tools such as demand chain approach‚ SWOT and TOWS‚ PESTLE‚ pricing policies
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Case Study Crosby Manufacturing Corporation “I’ve called this meeting to resolve a major problem with our management cost and control system (MCCS)‚” remarked Wilfred Livingston‚ president. “We’re having one hell of a time trying to meet competition with our antiquated MCCS reporting procedures. Last year we were considered nonresponsive to three large government contracts because we could not adhere to the customer’s financial reporting requirements. The government has recently shown a renewed
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