1. Prepare a budgeted income statement for 2003 based on the information. You may want to re-list your assumptions. What additional assumptions did you have to make‚ if any? Bellaire Clinical Labs‚ Inc. Budgeted Income Statement For the year ended in 2003 Sales Routine test Physician pays $5‚600‚000 Patient pays 2‚720‚000 Other parties pay 3‚840‚000 Total Routine test 12‚160‚000 Specialty test Physician pays 2‚000
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Financial Analysis of Macy’s Inc. and Nordstrom Macy’s Inc. has established itself as a strong player in the retail industry‚ with over 850 Macy’s and Bloomingdale’s stores in 45 states. Macy’s competes against retail giants like Nordstrom‚ Kohl’s‚ JC penny and Saks Fifth Avenue for market share in the increasingly competitive department store industry. This financial report will choose Nordstrom as the major competitor‚ and serves as the comparison company. The annual report and 10-K filings
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WAL-MART STORES INC: DOMINATING GLOBAL RETAILING Brief summary The Wal-mart is the largest retail chain in United States and in the world. The wal-mart was founded in the year 1962 by Mr Sam Walton. It was originally named as Wal-Mart discount city in Rogers‚ Arkansas. At the time when the Wal-Mart stores started in the year 1962 it was focused only in small rural cites and town which had a population of 5000 to 25000. It was soon increased to 18 stores in 1969. In the next 30 years
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1-What were the mistakes made by Ryan and Keene during the whole process? The mistakes made by Ryan and Keen during the whole progress are fourfold: 1. Formation Baker is enlisted by commissioning executive Ryan and Keen to do an impossible job‚ both time and resource wise. Following an initial insight from Acton‚ the company’s chairman‚ Baker takes the lead to a newly created‚ cross functional task force. The idea is cascaded from top to down to him‚ across two layers of hierarchy. Very little
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Lululemon Athletica Inc. is one of the fastest growing retailers and designers of athletic apparel that serves primarily in the United States‚ Canada‚ Australia‚ New Zealand‚ the UK and Singapore. Lululemon is a Canadian based company whose head office is located in Vancouver‚ British Columbia. This company once had a goal of opening only one store but has now grown into an international yoga inspired athletic apparel company. Lululemon not only offers its customers a wide range of performance
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Koger Properties‚ Inc The Securities and Exchange Commission (SEC) claims that Michael Goodbread had violated independence rules set forth by the American Institute of CPAs (AICPA) Professional Code of Conduct and generally accepted auditing standards (GAAS). AICPAs Professional Code of Conduct considers an impairment of independence if during the engagement an auditor has “any direct or material indirect interest in the client.” (American Institute of Certified Public Accountants‚ 1988) Because
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------------------------------------------------- 1. Analyze the personal computer industry. Are the dynamics favorable or problematic for Apple? ------------------------------------------------- The personal computer industry is at a crossroads. At the outset‚ consumers desire to own and operate computers. On the other hand‚ the preferred personal “computers” may no longer take the form of a desktop or laptop. Indeed‚ a portion of the personal computer industry has already shifted their preference
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HISTORY:- Apple Inc.‚ formerly Apple Computer‚ Inc.‚ is an American multinational corporation headquartered in Cupertino‚ California[2] that designs‚ develops‚ and sells consumer electronics‚ computer software and personal computers. Its best-known hardware products are the Mac line of computers‚ the iPod music player‚ the iPhone smartphone‚ and the iPad tablet computer. Its consumer software includes the OS X and iOS operating systems‚ the iTunes media browser‚ the Safari web browser‚ and the iLife and iWork creativity
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VeriFone often refers to itself as the “industry leader in secure electronic payment technology”. This bold statement is one that they can make based not only on the number of units they have installed in locations around the world‚ but also on the technology that stands behind their products. VeriFone is well known for its POS products. POS is an abbreviation for point of sale or point of service. As defined by WikiPedia‚ “this can mean a retail shop‚ a checkout counter in a shop‚ or a variable
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• First‚ briefly describe the argument using the rhetorical triangle as your guide o Who are the authors? Director: Robert Kenner Writers: Robert Kenner‚ Elise Pearlstein o What is their vested interest? To shed light and invoke change in the way food is prepared and processed in America o Do they have any conflicts of interest? Yes‚ the company that made the film is bias against big industry and cutting corners in food preparation. o Who is the intended audience? The
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