Q1: The primary objectives that auditors hope to accomplish by confirming a client’s year-end accounts receivable is to check certain management assertions such as existence‚ rights and obligations‚ and valuation. Confirmations from clients and outside parties related to a transaction. Generally‚ the auditor sends to the client’s customer a confirmation stating the amount owed. The customers are requested to return a statement to the auditor indicating whether they agree with the amount‚ or providing
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Assignment: Week 3 Case Study Central Transport‚ Inc Jason M Williams/3111448 23 March 13 TLMT441 Advanced Business Logistics American Military University Instructor: Roxanne Grosett Introduction Susan Weber‚ the new president and CEO of SAB Distributions has offered a new collaborated relationship to Jean Beierlein‚ president and CEO of Central Transport. Dramatic changes in the market have changed SAB‚ and it continues to get worse. SAB is losing the competitive advantage over
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Alerie‚ Undoubtedly Express Inc. has been around since the early 80’s and obviously has done something right over the years that make a credible retailer today. Over the years‚ the clothing industry has evolved and retailers have ventured into other industries to stay afloat of the game. According to Net Advantage‚ Express sits at number 12 compared to its competitors. Currently‚ TJ Maxx is in the running seat and their philosophy is to offer brand name and designer merchandise at prices 20% to
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Tire City‚ Inc. Analysis As a lender‚ I would have no problem giving a loan to Tire City‚ Inc to help finance their growth for the following reasons. The first thing that is apparent is the annual revenue growth. It is expected to steadily increase by 5% in the coming years. This means that Tire City has strong operating cash flows to fund its day-to-day operations. Additionally‚ Tire City‚ Inc has improved in total asset turnover over the years‚ suggesting that they are indeed growing their
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comfortable with whom they do business with‚ and it is a dance‚ and Wally was quick to rush‚ and show impatience which again showed disrespect. Brazilians do business with people and they like to get to know with whom they are doing business with. 2. While the Brazilian culture is typically late‚ I would advise an American to be early if not on time when it came to business negotiations. Brazilians take business very seriously and prefer one on one negotiation opposed to other forms of communication
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Current year (1) (2) (3) (4) (5) Exit Previous year (1) Store associate 0.53 0.06 0.00 0.00 0.00 0.41 (2) Shift leader 0.00 0.50 0.16 0.00 0.00 0.34 (3) Department manager 0.00 0.00 0.58 0.12 0.00 0.30 (4) Assistant store manager 0.00 0.00 0.06 0.46 0.08 0.40 (5) Store manager 0.00 0.00 0.00 0.00 0.66 0.34 Forecast of availabilities Next year (projected) (1) (2) (3) (4) (5) Exit Current Workforce Previous year (1) Store associate 8‚500 4505 510 0 0 0 3485 (2) Shift leader 1
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------------------------------------------------- 1. Analyze the personal computer industry. Are the dynamics favorable or problematic for Apple? ------------------------------------------------- The personal computer industry is at a crossroads. At the outset‚ consumers desire to own and operate computers. On the other hand‚ the preferred personal “computers” may no longer take the form of a desktop or laptop. Indeed‚ a portion of the personal computer industry has already shifted their preference
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Spinoff In 2009‚ Canada’s largest natural gas producer‚ Encana‚ split into two highly focused energy company: Cenovus Energy Inc.‚ an integrated oil company and EnCana Corporation‚ a pure play natural gas company. There are two main business reasons for Encana to spin off part of its business. Enhanced business focus. A spin-off will allow each business to focus on its own strategic and operational plans without diverting human and financial resources from the other business. Post Spinoff‚ Cenovus
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Reebok international well-known athlete show contracts with independent company in Asia to manufacture all of its footwear production. However‚ the conditions are to follow human rights production standards namely: (1) Non-discrimination‚ (2) Working hour or over time‚ (3) Force or compulsory labor‚ (4) Fair wages‚ (5) Child labor‚ (6) Freedom of association‚ (7) Save and healthy work environment. What is your opinion of Reebok production standard of human right for its suppliers? What would Milton
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As a newly appointed CEO of Minnesota Micromotors‚ Inc.‚ I am responsible for designing the company’s marketing strategy‚ “This includes determining all aspects of the company’s go-to-market approach and associated elements of product policy‚ including pricing and market positioning of the company’s orthopedic motor line. ”(Harvard Business Publishing‚ 2014). MM is a member of a mature‚ saturated and highly competitive Orthopedic Motor market‚ such that every decision needs to be deliberate and appropriate
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