Allegations of Diamond Foods Inc.’s’ Understatement of Accounts Payable. Abstract On November 1‚ 2011‚ Diamond Foods Inc.’s (NASDAQ: DMND) unexpectedly disclosed serious discrepancies (possible understatement of accounts payable) regarding its 2011 financial statement reports and as a result announced its decision to delay its acquisition of the Pringles snack business from Procter & Gamble Company (P&G) (NYSE: PG). Naturally‚ the November 1‚ 2011 confession caused an immediate
Premium Generally Accepted Accounting Principles Balance sheet Asset
EXPLAINING THE WATER-DIAMOND PARADOX One of the most famous puzzles in economic theory is why Diamonds are more expensive than water. In our case we consider GOLD in case of DIAMONDS. Water is essential for life; it is so useful that without its consumption one cannot live or survive. On the other hand‚ diamonds‚ though attractive and beautiful‚ satisfy less human important needs than water. Then‚ how it can be that in the market a less useful commodity like diamonds is so expensive and a useful
Premium Supply and demand Economics
The age-old question as to why diamonds are more expensive than water has perplexed economists for years. The fact that we need water to survive yet it costs less than diamonds‚ which has nothing to do with the survival of mankind‚ is very interesting. When talking about the Diamond-Water paradox‚ it is based on the premise of goods‚ ’ that consumption is related to well being which economists call utility. When it comes to the purchasing of goods or services it is explained that the bulk of
Premium Economics Supply and demand Consumer theory
Based on the movie “Blood Diamond” directed by Edward Zwick‚ it talks about a rare diamond discovered in a diamond mine located in Africa‚ where its plot is regarding the abusing of humanity for the high prices of diamond trade. Danny Archer is a diamond smuggler in Africa who seeks for a large amount of money which enables him to leave Africa for good. Due to his strong survival instinct‚ he made himself the key player in the conflicting business of diamonds. However‚ when he met Solomon in the
Premium Diamond Blood diamond Sierra Leone
The Necklace By: Guy de Maupassant “We are in danger of destroying ourselves by our greed and stupidity. We cannot remain looking inwards at ourselves on a small and increasingly polluted and overcrowded planet‚” (Stephen Hawkings). Greed has many consequences in our life and can affect more than just ourselves. Greed is in our innermost beings from the day we are born‚ ‘till the day we die. We force ourselves to give up those selfish ambitions with no avail. We fall into the traps of materialistic
Premium Short story Marriage Love
Character Correspondence Characters of many different persona’s can have a numerous amount of the same feelings that motivate them. The main character in “The Cask of Amontillado‚” Montresor‚ by Edgar Allen Poe and the main character in “The Necklace‚” Mathilde‚ by Guy de Maupassant are good representatives for this. Montresor and Mathilde have some of the same catalysts that cause their actions‚ megalomania‚ resentment and revenge. Montresor’s lust for power is indicative of his megalomania
Premium Edgar Allan Poe
“The Necklace” A Closer Look At the Characters Characters in a story can be classified as “dynamic” or “static”. Dynamic characters are characters that change as the story progresses. That is‚ they recognize‚ change with‚ or adjust to circumstances. Static characters‚ which can also be described as “flat”‚ are characters that are not well developed and remain fairly unchanged throughout the story. Usually static characters have minor roles in a story. In any literary work‚ it is absolutely essential
Free Short story
ASSIGNMENT: “The Necklace” Madame Loisel’s perspective and attitude changed over the ten years she spent repaying her debt. Before the dilemma‚ Madame Loisel was self-conscious‚ bothered by her own simplicity‚ and was envious of other women’s “beauty”. Madame Loisel was particularly bothered by the fact that these women had “no caste and no descent‚ their beauty‚ their grace‚ and their charm serving them instead of birth and fortune.” (Guy de Maupassant 1) She was more
Free
CRITICISMS OF PORTER’S DIAMOND I. INTRODUCTION The book‚ “The Competitive Advantage of Nations”‚ shows how Michael Porter studied ten developed countries and 100 industries in order to answer questions concerning the national competitive advantage which he found to be inadequately explained by the Heckscher-Ohlin theory and the theory of comparative advantage. (Hill‚ 2009‚ p. 189). These questions include: A. “Why are some nations more successful than others in international competition?”
Premium Nation Michael Porter Developed country
When writing your post‚ consider the following questions * How would you categorize the point of view [e.g.‚ first-person‚ second-person (i.e.‚ “you”)‚ third-person limited‚ third-person omniscient]? Choice the short story called “ the necklace” by Guy de Maupassant (1884). The story is in Third Person limited because the narrator is telling the story of Malinda and is focus on her the thoughts and feelings. The story is about a women that comes from a humble family and always regretted
Free Short story