telecommunication company in Paris- France and Lucent telecommunication and technology giants in the United States of America failed due to misunderstanding of the share-ability and resource control should they have collaborated in 2001 (Hartley 2010). The Lucent Company from US realized that Alcatel never intended to equally share and control the company after the merger; instead Alcatel intended to take over control of the merged company. To Lucent‚ this was not possible hence withdrawal from the
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filling with 127‚500‚000 of Wellbutrin XL tablet. d. The revenue of each Wellbutrin XL tablet Wholesaler cost = $2.83 x = $2.096 Distributor cost = $2.096= $0.4192 e. Total revenue per truck 127‚500‚000 x $0.4192 = $ 53‚448‚000 One truck can carry $10million worth of Wellbutrin XL tablet product. Q2: How should the company recognize revenue based upon the two possible FOB structures mentioned in the case? In order to recognize revenue‚ there are four conditions must be met as according to GAAP
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Maria Lucia Rodriguez PANTHER ID 3579558 Lucent Technologies Case 1- ROE decomposition 1998‚1999 AND 2000. What factors contributed to the differences in Lucent’s performance between those quarters? ROE Period NET INCOME X SALES X TOTAL ASSETS SALES TOTAL ASSETS COMMON EQUITY EQUITY MULTIPLIER ROE Dec-99 1175 0.12 9905 0.26 38684 2.41 9905 38684 16079 Sep-99 972 0.09 10575 0.27 38735 2.84 10575 38735 13622 Jun-99 829 0.09 9315 0.25 37156 3.00
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Tiffany Fuentes Business Ethics April 11‚ 2014 Stretching the Principles of Revenue Recognition In the business world‚ not everything will work perfect to our advantage‚ but one thing people in the business world should always make sure to do is to be smart when making decisions. The best way to be smart on making decisions is following their own ethics as leaders. To be successful‚ there should not exist dishonesty‚ greed‚ or arrogance because these three factors will bring any business
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INDUSTRY TRENDS Will GestureRecognition Technology Point the Way? David Geer existing peripherals can’t already achieve‚ or users won’t see the point in spending the time and money on the technology‚” said Jackie Fenn‚ a Fellow in emerging trends and technologies for Gartner‚ a market research firm. GESTURE-RECOGNITION TECHNOLOGY In the early 1960s‚ users could move a light-emitting pen to control the Sketchpad computer-aided design system. Several subsequent commercial systems also worked
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-27- Lucent Technologies‚ Inc.—Revenue Recognition Lucent Technologies designs and delivers networks for the world’s largest communications service providers. Backed by Bell Labs research and development‚ Lucent relies on its strengths in mobility‚ optical‚ data and voice networking technologies as well as software and services to develop next-generation networks. The company’s systems‚ services and software are designed to help customers quickly deploy and better manage their networks and create
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Voice Recognition Technologies The 20th century has been a technological marvel. We have advanced more in the 20th century than we have during any other one-hundred year term in recorded history. This is due to a number of reasons. One of which is the early conflicts of the century. World War I and World War II changed the world forever. During these global conflicts‚ countries developed advanced weapons. They also developed advanced communications and other technologies. The Internet came as
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Lucent Technologies: Global Supply Chain Management Executive Summary Lucent Technologies is a multinational telecommunication company which was spun off from AT&T in 1996. Before restructure‚ as an integrated telecommunications services and equipment company‚ AT&T had been primarily U.S.-centric market and more than half of income was generated by services in U.S. However‚ the restructure made Lucent focused on communications equipment globally. When Lucent expand into global market
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Revenue Recognition Fraud: Methods and Reason In today’s corporate arena‚ fraud has taken its seat among the top priorities of those who make policies and set standards. The majority of large-scale fraud is perpetrated by the improper recognition of company revenues and is‚ in practice‚ generally simple. Revenue recognition fraud can be carried out by keeping the books open past the end of the accounting period‚ recording consignment goods as sales‚ improper bill-and-hold transactions‚ failure
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of HKFRS 15 Revenue is the gross inflow of economic benefits during the period arising in the course of business of the ordinary activities of the entity‚ other than increases relating to contributions from equity participants. It is of most significance of both the creditors and the shareholders for decision-making‚ and therefor it is attached great importance of it’s reliable and accuracy. The most crucial element of revenue‚ the criteria of Revenue Recognition Principles‚ has been the
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