Scenario 1 Energy Inc. has a present obligation (IAS 37-17) and probable liability (ASC 450-20-25-2) on December 31‚ 2011 as a result of a past event‚ the contamination of the land‚ because it is virtually certain that a draft law requiring cleaning up will be enacted. It is probable (more likely than not) that Energy Inc. will be required to transfer economic benefits in settlement which is an outflow of resources embodying economic benefits in settlement (IAS 37-23). The amount of the obligation
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Visa‚ Inc. IPO Keller / Devry Managerial Finance - FIN-516 Visa American Express and the Diner’s Club were the forerunners in the consumer credit card business issuing their first cards to approximately 200 people in the mid to late 1950’s. The cards were mainly used for restaurants and entertainment purposes and the balances had to be paid immediately. In the summer of 1958‚ Bank of America (which would later grow and spinoff Visa and also become spinoff itself as the Bank of America Corporation
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(negligently) runs over another while driving carelessly has committed a tort of battery based on negligence Duty of Care The reasonable person standard The law does not require perfection‚ only what is reasonable under the circumstances In the case of a professional such as a doctor‚ engineer or accountant‚ that standard is a reasonable doctor‚ engineer or accountant. SQUISH LA FISH v. THOMCO Issue Did the defendant fail to take reasonable care that the information it provided was correct
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To: Dr. Lawrence From: Aira Zeng Date: September 25‚ 2014 RE: Renal Dialysis of Lakeside Hospital Approximately twenty years ago‚ at Dr. Newell’s initiative‚ Lakeside Hospital had opened the dialysis unit‚ largely in response to the growing number of patients with chronic kidney disease. The most common treatment for end-stage renal disease was hemodialysis. Since more and more independent dialysis centers were modern‚ attractively designed‚ and could offer psychological advantages to patients
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Hospital | Philippine Government Hospital | National Center for Mental Health | Manila adventist Medical Center | National Children’s Hospital | Address | | Nueve de Pebrero St.‚ Mauway Mandaluyong City Philippines 1553 | 1975 Donada St. Pasay‚ City | E. Rodriguez st. Quezon City | Former Name | | Insular Psychiatric hospital‚ National Mental Hospital | Manila Sanitarium and Hospital | National Indigent Children’s Hospital | Year established | 10 September‚ 1910 | 1925 | 1929 | February
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Synopsis BPO‚ Inc. is a professional service organization that offers clients a range of services from risk management and insurance to management consulting. The company has grown and profited from the developing trend in the 90’s and 2000’s of companies outsourcing business processes‚ such as human resources and claims processing. Presently‚ BPO has launched a six sigma initiative to identify areas for process improvement and financial savings in the Human Resource Outsourcing department. Concurrently
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Riley Supply* Jim Riley believed that the North Atlanta suburbs of Cherokee County and Forsyth County were about to take off in the mid-1990s so he‚ along with his next door neighbor‚ started a plumbing and heating supply business to benefit from the expected growth. Fortunately‚ the targeted counties of Cherokee and Forsyth did experience significant growth over the next decade as the following population table indicates. 1995 112‚971 61‚483 2006 195‚327 150‚968 Cherokee Forsyth Yet‚ despite
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Objective: Viability of Napster as a revenue generating company. Case in brief: Napster is a brainchild of Shawn fanning‚ launched on June 1 ‚1999 as a peer-to-peer music downloading program for college students. Napster became a one of the most popular sites on the internet‚ claiming some 15 million users in little more than a year. From the beginning‚ Napster facing so many problems from the RIAA and music industry players. Napster violated the copyrights by allowing users to swap the music recordings
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BLADES‚ INC. CASE Assessment of Future Exchange Rate Movements As the chief financial officer of Blades‚ Inc.‚ Ben Holt is pleased that his current system of exporting “Speedos” to Thailand seems to be working well. Blades’ primary customer in Thailand‚ a retailer called Entertainment Products‚ has committed itself to purchasing a fixed number of Speedos annually for the next 3 years at a fixed price denominated in baht‚ Thailand’s currency. Furthermore‚ Blades is using a Thai supplier for some
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2.9 2.10 2.11 2.12 2.13 2.14 Characteristics of companies in the steel sector...........................................................6 Technologies and production processes.......................................................................9 Supply to the steel industry ........................................................................................19 The steel industry’s distribution and downstream value chain ....................................20 Internationalisation and consolidation
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