Case: AMERICAN CHEMICAL CORPORATION 1. Executive Summary Dixon‚ an American specialty chemical producer‚ wants to buy Collinsville plant from American Chemical Corporation‚ another typical chemical company in 1979. Dixon wants to diversify its product line buy acquiring the aforesaid plant‚ which produces sodium-chlorate to supply to paper producers in Southeastern part of the US. This plant initially cost 12 mln. USD and additional 2‚25 mln. USD needed to buy laminate technology to increase efficiency
Premium Weighted average cost of capital Costs Variable cost
Case 1.1 - Enron Corporation ------------------------------------------------- Discussion 1 The parties we believe to be most at fault for the crisis in this case are a) the Audit Firm engaged in the Enron audit (Arthur Andersen); b) Enron Management (Kenneth Lay‚ Jeffrey Skilling‚ Andrew Fastow; and c) the SEC. The Public Accounting Firm: Arthur Andersen The auditor has the responsibility to evaluate the risk of material fraud‚ including: * Incentives and motives for fraud : Enron was a fast
Premium Enron Audit Auditing
liability of the shareholders. However‚ under certain circumstances the corporate entity may be disregarded. This is also known as piercing the corporate veil and is the most frequent method for holding the shareholders liable for the acts of a corporation. Corporate officers‚ directors and controlling shareholders have a general fiduciary duty of loyalty and care which should govern all their corporate conduct. Unless they breach that duty by gross negligence or acts in bad faith‚ they usually will
Premium Corporation
Running Head: Starbucks Corporation Starbucks Corporation: Company Study April 15‚ 2014 Siena Heights University Case Statement: Starbucks is a globally expanding cooperation with many future opportunities and they will continue to strive to be the world’s greatest coffee company. Mission Statement: Starbucks Corporation’s current mission statement inspires the goodness of the communities and people they reach out to on a daily basis. Their mission statement
Premium Revenue Generally Accepted Accounting Principles Starbucks
HERNISCHFEGER CORPORATION CASE ANALYSIS 1. Describe clearly the accounting changes Harnischfeger made in 1984 as stated in Note 2 of its financial statements In 1984 they changed the depreciation method from accelerated methods to the straight-line for financial reporting purposes. This change included a adjustment of the residual values on certain machinery and equipment. They also included the products purchased from Kobe Steel‚ LTD and sold by them in their net sales. Moreover‚ they
Premium Depreciation Income statement Pension
Nina Stiener Mr. Maynard APUSH Period 3 10 January 2010 Reconstruction: Eric Foner The Reconstruction time period‚ 1865 through 1877‚ was a complex time for America. The southern part of the nation was in need of governmental‚ economical‚ and social repair after losing the Civil War. Radical Republicans‚ Democrats‚ and newly freed African Americans all were influential in the age of Reconstruction. Historians have struggled to put into words exactly what Reconstruction incorporates and precisely
Premium Reconstruction era of the United States Ku Klux Klan American Civil War
Franc Ouedraogo Case Assignment: CUTCO Corporation 1) Direct selling is defined as any kind of selling that is made outside a fixed business location. Therefore‚ most of the company that use direct selling are not well-known‚ are small‚ privately owned or do not have physical stores. Direct selling is essentially a push marketing strategy‚ and the firms that use it do very little traditional advertising. Most of the direct sales take place in a residence and on a one-to-one basis. 2)
Premium Marketing Sales
Information Security Program Governance of the Federal Deposit Insurance Corporation (FDIC) CSIA 413 February 8‚ 2015 Celida M Bruss Information policy and the protection of high value digital assets used to be the responsibility of a select group of practitioners. However‚ the ubiquity of information technology (IT) security policies and governance have been a long-standing part of many industries with far more “average-consumer” impact since the inception of the Gramm-Leach-Bliley Act of 1999
Premium Security Information security Computer security
Corwin Corporation Case Responses Questions: 1) Should companies risk bidding on projects based upon rough draft specifications? Explain your answer in detail. No‚ because rough drafts are exactly that – a draft. Despite a first-mover advantage for early bidders‚ the project can completely change‚ which would impact the ability for a firm to meet the required budget‚ timeline‚ project goals and customer satisfaction. 2) How should West have handled the situation where Pat Ray’s opinion of
Premium Project management Company Vice President of the United States
Gold‚[8] won a Grammy in 2012‚ and became the no. 1 Classical Album in the US and UK charts within a week of a release.[9] Eric’s second album‚ Water Night‚ was released on Decca in April 2012 and featured performances from his professional choir the Eric Whitacre Singers‚ the London
Premium Choir Orchestra Opera