UNIVERSITY OF THE PHILIPPINES Institute of Management College of Social Sciences SHUMAN AUTOMOBILES‚ INC. RESPONSIBILITY ACCOUNTING TRANSFER PRICING Submitted By: Ame‚ Donna Mae B. Dela Pena‚ Melissa S. Dulad‚ Jhune E. Submitted to: Sir Jay Stephen Siy 12 October 2006 CASE 22 1 : SHUMAN AUTOMOBILES‚ INC. Responsibility Accounting & Transfer Pricing Facts of the Case: 1. Clark Shuman‚ owner and general manager‚ plans to retire and relinquished his control over the company 2. Business has
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AAA(American Automobile Association‚ Inc.): - AAA (the American Automobile Association‚ Inc.) is a federation of affiliated automobile clubs. Each AAA club is an independent‚ not-for-profit organization‚ chartered and incorporated in its own state and controlled by its own Board of Directors. In order to be affiliated with AAA‚ each club agrees to provide certain standard services to its own members‚ as well as members of other AAA clubs. The individual club owns the territory in which it resides
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A guide to Consolidated accounts A SIMPLE GUIDE TO CONSOLIDATED ACCOUNTS This is a basic guide prepared by the Technical Advisory service for members and their clients. It is an introduction only and should not be used as a definitive guide‚ since individual circumstances may vary. Specific advice should be obtained‚ where necessary. Requirement to Prepare The Companies Act 2006 gives exemption from the requirement to prepare group accounts to small groups but not medium sized groups
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Sam Walton was founder and chairman of Walmart Stores Inc‚. Sam Walton was born on March 29‚ 1918 in Kingfisher‚ Oklahoma. He was the first son of Thomas Gibson Walton and Nancy Lee. Walton’s father was a farmer. In 1923‚ his father determined farming did not provide enough money to raise a family and later decided entered farm mortgaging. The family moved frequently during Sam’s early childhood. Sam Walton was a good student and a good athlete. While studying in the eighth grade‚ he became the
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Consolidated Products Case Analysis Abstract This brief paper’s objective is to analyze the managerial behavior of two managers‚ Ben Samuels and Phil Jones‚ who worked for Consolidated Products plant. The analysis will concentrate on how these individuals displayed their specific relation-driven behaviors‚ and specific task-oriented behavior‚ and the subsequent managerial grid model. In addition‚ this paper will describe and compare to what extent each manager used participative or inspirational
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is a threat to American society‚ as it interferes with democratic ideals and opens the door for corruption at many levels. One of the main objectives of a properly functioning democracy is to recognize and represent many different views and opinions through the media. When media moguls control media content and media distribution‚ they have a lock on the extent and range of diverse views and issues that get publicized. The power to control what the citizens know‚ how much they know and how they
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Case Problem 1: CONSOLIDATED FOODS‚ INC. Consolidated Foods operates a chain of supermarkets in three cities. A promotional campaign has advertised the chain’s offering of a credit card policy whereby Consolidated Foods’ consumers have the option of paying for their purchases with credit cards‚ such as Visa and Master Card‚ in addition to the usual options of cash or personal check (cheque). The policy is being implemented on a trial basis with the hope that the credit card option will encourage
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AUTOMOBILE: An automobile‚ motor car or car is a wheeled motor vehicle used for transporting passengers‚ which also carries its own engine or motor. Most definitions of the term specify that automobiles are designed to run primarily on roads‚ to have seating for one to eight people‚ to typically have four wheels‚ and to be constructed principally for the transport of people rather than goods. The term motorcar has also been used in the context of electrified rail systems to denote a car which functions
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accordance with your oral instructions dated November 19‚ 2013‚ we are submitting our library research paper entitled “The Uses of Automobiles”. The main purpose of this research paper is to know automobiles and its uses‚ to explain the advantages and disadvantages that automobiles bring to the society‚ and to suggest ways on how to conserve energy using new technologies of automobiles. We hope that this paper will meet your approval. Respectfully yours‚ Kenneth Llauderes and Mark Joseph Sueta
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Consolidated Edison Inc. Time-trend and peer group ratio analysis The first step in analyzing Edison Consolidated INC. was to conduct a time trend analysis‚ in which we compared the different ratios of the firm from the years 2009 to 2011. The results show a decrease of 4.59% in Profit margin‚ which could be attributed to the expansion of the firm and the acquisition of new assets. At the same time the ROE shows an increment of only 0.64%. Equity- multiplier for the firm decreased by 0.09. Based
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