Dollar General Case 1. Consider the $13.4 million of freight costs. What is the correct (GAAP) method of accounting for these? How did Dollar General in fact originally account for these costs? (Include in your answer a table of the effects on income in any years affected‚ both before and after tax‚ of the correct accounting and the accounting they originally used. The correct GAAP method to account for freight costs is as an expense of Cost of Goods Sold (COGS) that occur at the time
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purchase from a U.S. company that uses U.S. dollars‚ and needed to evaluate the best hedging alternatives to secure the least possible cost. The Chairman of Lufthansa‚ Herr Heinz Ruhnau‚ purchased twenty 737 jets from Boeing. The total purchase price was $500‚000‚000‚ which was payable in U.S. dollars on delivery of the aircrafts in one year. Chairman Ruhnau chose a partial cover by hedging 50% of the exposure with forward contracts‚ which was $250 million at the one year forward rate of DM3.2/$
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consumers‚ opposed to just low-income consumers. * Increase the public’s awareness of Dollar Trees products‚ inventory‚ and quality of products. Have Dollar Tree become a part of consumers recall. * Inform consumers of the extreme quality of Dollar Tree’s products‚ no products are expired or out to date. We just get an extreme discount with loyal distributors. * Change customer’s attitudes towards Dollar Tree and discounts stores in general. Discount stores carry the same quality name brands
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Eight Dollars With eight dollars‚ I can get a great breakfast and lunch deal from a local fast food‚ and possibly even fit in an after-lunch snack‚ if I limit my spending. Eight dollars an hour is an agreeable minimum wage and should not be increased in California. In most states‚ living off of eight dollars an hour is horrible because the economy is down right now and prices for everything else are rising. But in the state of California‚ many make their way around just fine. Eight dollars an hour
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shareholders? A) managers B) employees C) attorneys D) suppliers 2) The cash manager at AmFlex Company needs to buy 1‚000‚000 British pounds to pay a British supplier. A currency broker quotes him a bid-ask rate of ₤.4865-.5116/US$. What will be the dollar cost of the 1‚000‚000 pounds? A) $486‚618 B) $1‚954‚652 C) $511‚587 D) $2‚055‚499 3) In determining why a firm becomes multinational there are many reasons. One reason is that the firm is a market seeker. Which of the following is NOT a reason why market
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including sports personalities‚ often get paid millions of dollars in one year. In your view‚ with widespread pverty in the world‚ are these huge earnings justified? You should give reasons for your answer using your own ideas and experience. http://just-ielts.blogspot.com The salaries of many singers‚ dancers and sports people have increased out of all proportion in recent years‚ while in places like Sudan people are starving to death. I do not beleive that anyone should be able to earn
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"The Machine That Won the War‚" by Isaac Asimov‚ is a story that teaches a valuable lesson about humanity and also has an ironic twist at the end. The setting is the future of Earth‚ and a great war had just been won against an enemy race. Two men‚ Swift and Henderson‚ are debating over who really won the war for Earth: the giant strategy computer known as Multivac‚ or the men in charge of making the maneuvers and programming the computer. John Henderson is an excitable man‚ while Lamar
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The electrifying opening of James Frey’s debut memoir‚ A Million Little Pieces‚ smash-cuts to the then 23-year-old author on a Chicago-bound plane "covered with a colorful mixture of spit‚ snot‚ urine‚ vomit and blood." Wanted by authorities in three states‚ without ID or any money‚ his face mangled and missing four front teeth‚ Frey is on a steep descent from a dark marathon of drug abuse. His stunned family checks him into a famed Minnesota drug treatment center where a doctor promises "he will
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Memo To: Management From: Date: [ 11/10/2010 ] Re: Competitive strategy Confidential Over the last several years Dollar General has seen great success with the strategies currently in place. With potential changes in the economy and some situations presently in the company Dollar General must plan for the future. This memo was put together to identify our strengths and weakness‚ analysis the external factors of the company‚ and find options for the future. The options of where to invest
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Valuation and Analysis of Dollar General Table of Contents Executive Summary……………………………………………………1 Overview of Dollar General…………………………………………6 Five Forces Model..............................................………..9 Rivalry among Existing Firms................................9 Industry Growth………………………………………….10 Concentration………………………………………….….10 Differentiation and Switching costs……………………13 Scale Economies and Fixed/Variable Costs…………..13 Excess Capacity and Exit Barriers………………………14 Threat
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