Chapter 8. Mini-Case Assume that you have just been hired as a financial analyst by Triple Play Inc.‚ a mid-sized California company that specializes in creating high-fashion clothing. Because no one at Triple Play is familiar with the basics of financial options‚ you have been asked to prepare a brief report that firm’s executives can use to gain a cursory understanding of the topic. To begin‚ you gathered some outside materials on the subject and used these materials to draft a list of pertinent
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would be no net income to report as taxable income. 1(c) What is your determination regarding reducing the taxable amount of income for both (a) and (b) above? To lessen the amount of tax on the income‚ John Smith could make report as an S Corporation and pay wages to the shareholders if it would be less than the $300‚000. Mr. Smith could provide several retirement plans. The plans could be IRAs‚ profit sharing plans‚ or benefit plans‚ which need to be started before the end of year. He could
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About Rizk Casino In this day and age‚ online casino owners seem reluctant to really commit to a particular theme out of fear they might chase some prospective players away. Such is not the case at Rizk Casino. The name would seem most appropriates‚ given the site owners have taken a huge risk by putting Captain Rizk in charge of making this website hum. For the most part it seems to work‚ but too much of a good thing could rub some players the wrong way. Rizk Casino was founded by owner Zecure
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The case of the man taping basketball girls case in Waseca County took place in February 23‚ 2012. In this case‚ two men noticed a 58-year-old man was video taping West High School girls playing basketball game and the man was accused of filming a particular girl player in the basketball team. The girl’s father confronted the man with the camera but the man appeared to be nervous and he stuttered. Later on‚ the man was brought into West activities director Ken Essay’s office and the man said that
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CASE Analyzing Casino Honey-Handling Processes – Teaching Note Case Questions: 1. Draw a diagram of the drop process. How long should it take to empty 300 silver dollar slot machines? Getting the slot cabinet keys only needs to be done one time and takes 15 minutes. Getting the drop buckets will take 3‚000 minutes (300 x 10). To empty 300 slot machines‚ 15 carts need to be delivered (300/20)‚ and delivering the 15 carts will take 450 minutes (15 x 30). Total time to complete the process
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Mini-Case Study: McDonald’s Corporation: Firing on all cylinders while preparing for the future McDonald’s Corporation is the largest fast food restaurant chain in the world‚ operating more than 32‚000 restaurants in 118 countries. In 2008‚ McDonalds and Wal-Mart were the only stocks in the Dow Jones to end the year with a gain. From 2007 to 2008 they raised revenues in billion dollars earning above average returns. Its ability to create value for its stakeholders is impressive‚ but this trend
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Executive Review Porsche is a company that prides itself in quality and customer satisfaction. Because of this customers are always considered to be first priority for the company. The only issue with this business method is that the shareholders do not feel valued. Porsche operates more like a family-owned firm instead of focusing mainly on shareholder value. While operating like a family-owned firm may be admired by some‚ it also has a downside. The company has been somewhat infamous for occasional
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WorldCom: internal audit lessons to be learnt On June 9 2003‚ the U.S. Bankruptcy Court of New York issued a report on the WorldCom accounting fraud that expands on the court’s earlier findings of mismanagement‚ lack of corporate governance‚ and concern regarding the integrity of the company’s accounting and financial reporting functions. Supervised by former U.S. Attorney General Richard Thornburgh‚ the study was commissioned by the court to investigate allegations including fraud‚ mismanagement
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Capital Budgeting Mini Case There are many different methods business owners use to efficiently analyze business investment. One of these effective methods is the calculation of the net present value or NPV. The second most effective method would be the calculations of the internal rate of return or IRR. There are also other useful methods as well‚ for example‚ the payback rule and the profitability index. Many business owners use the above procedures to help them in their decision making of acquiring
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Cast Brian Smith – CIO John Johnson – CEO Stan Abrams – CFO Fred Tompkins – Head of Manufacturing (Most powerful executive lel) Harriet Simpson – VP of HR Brenda Barnes – VP of Marketing Ted Kwok – VP or R&D 1. What are the issues with current IT planning process? Budget given is equal to 2% of revenue Budget might fluctuate depending on actual revenue Budget for new infrastructure and initiatives/strategies are basically leftovers after the maintenance cost/keeping the lights on. As
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