Case 1-1: Ribbons an’ Bows‚ Inc. Note: This case is unchanged from the Twelfth Edition. Approach This is an introductory case and it should be taught as an introductory case. There will be plenty of time in the course for the students to learn the correct form of financial statements and details of accounting standards. In short‚ the instructor should be prepared to allow a variety of formats for the financial statements and tolerate some “not quite correct” accounting. The instructor
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Hilcrest Auto The Importance of Quality Issues Hilcrest Auto is a manufacturing company specialized in producing specific parts for automobile assemblers. Hilcrest Auto is currently facing quality control issues‚ possibly leading to financial issues or threats of losing future contracts. Quality control has been an essential concern for most manufacturing industry. Low-quality control in the manufacturing process could increase the cost of good manufacturing and returns from customers. However‚ quality
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North Country North Country is a movie based on the true story of a single mother of two‚ played by Charlize Theron struggling to get by after leaving her abusive husband; little did she know that the abuse would continue in her workplace. The beginning of the movie set the tone of the ethical issues that would arise in the Mine. On Josie’s first day on the job‚ her supervisor made a comment about how the doctor that gave her a physical said she looked good without clothes and made his comment
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carrying value of an asset is not recoverable. Per the same standards‚ carrying value is not recoverable “if it exceeds the expected future cash flows to be derived from the asset on an undiscounted basis” (FASB‚ ASC 360-10). In the Property Solutions Inc. case‚ the carrying value of the building on 10/1/2017 was $1‚650‚000 and the expected future cash flows are $1‚214‚940. Per the definition of impairment loss stated above‚ the asset is impaired. In calculating the loss‚ we must compare the carrying
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continues even though the recipient has indicated that those behaviors are unwelcome. 2) From what you’ve seen in the movie‚ what specific action and determined if it is Hostile or Quid Pro Quo. In the movie entitled North Country‚ it’s obvious that there is a HOSTILE WORK ENVIRONMENT. Were women are sexually harassed by the men that works in the Pearson mining company. They
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Introduction The Engstrom Auto Mirror plant employs over 200 people at its Indiana location. Since 1999‚ workers at the plant have received bonuses based on the Scanlon Bonus Plan‚ which paid a percentage of all labor savings each month. Workers were motivated by the bonuses to increase their productivity‚ thus saving the plant from its unprofitable state during the 1990s. However‚ in 2007‚ the plant once again faced issues of unproductivity and low profits. The plant manager‚ Ron Bent‚ had to
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Josey who played as a single mother in the film‚ left her abusive husband and returned to her Northern Minnesota city where she grew up. With her two young kids to support‚ Josey took a job in the local mine‚ but not before her old friend Glory‚ one of the few female miners in town‚ warned her of the kind of abuse she should expect from the mine’s male‚ staff. The mines provide a livelihood that has sustained a community for generations. It’s an industry long dominated by men‚ in a place unaccustomed
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reading this case anyone would say that the ABC Auto Parts and Auto Zone Co. didn’t entered into a proper written agreement and neither of them signed any legal contract. So‚ it’s a clear indication that there no legal contract signed by both parties. Furthermore‚ a presentation by ABC of its good at Auto Zone premises and Auto Zone places an order verbally‚ it doesn’t create a valid contract when the contract amount is more than $500. So‚ if ABC brings a lawsuit against the Auto Zone than Auto Zone as
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Get an answer from tutors to this homework question now: Chapter 5 Blades‚ Inc. Case Use of Currency Derivative Instruments Blades‚ Inc. needs to order supplies 2 months ahead of the delivery date. It is considering an order from a Japanese supplier that requires a payment of 12.5 million yen payable as of the delivery date. Blades has two choices: Purchase two call options contracts (since each option contract represents 6‚250‚000 yen). Purchase one futures contract (which represents 12.5 million
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North Country is a semi-fictionalized film of a long legal battle of group of women miners who endured a hostile work environment and numerous and continuous insults and unwanted touching when they became the first women to go work at the Eveleth Mines in northern Minnesota. The issue at the center of North Country is sexual harassment and equality in the workplace. The sexual harassment complaint was filed in court on October 5‚ 1984 and the women won the first sexual harassment class-action suit
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