1. Read the footnotes carefully. Identify four accounting policy changes and accounting estimates that Harnischfeger made during 1984 and estimate as accurately as possible the effect of these changes on the company’s 1984 reported profits? One accounting change that Harnischfeger made was that they were going to include products purchased from Kobe Steel in their net sales. Before November 1‚ 1983 only the gross margin on Kobe products was included in their net sales. Harnischfeger was also
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Case 3C RUG BUG CORPORATION A. L. Young has come a long way with his latest invention‚ the Rug Bug‚ a motorized wheelchair made especially for children. His lightweight‚ relatively inexpensive model has no direct competition in a field dominated by companies that produce scaled-down versions of adult models that are inappropriate to the needs of children. A working prototype has been built‚ office space and manufacturing capacity contracted‚ and an initial sales force recruited. The only element
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held by the founders is a very important point they can try to renegotiate. In the Alpha term sheet the founders have a percentage ownership of 34% if the revenues hurdle of $500‚000 is met. The founders hold 32.6% if the revenue hurdle is not met. Mega has no such revenue hurdle thus‚ with the number of shares outlined in the term sheet‚ the founders own 37.5%. Negotiation: In the Alpha term sheet a higher number of shares for the founders would be preferable. We assume the company will meet
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COMPARATIVE STUDY ON THE SYSTEM OF GOVERNMENT IN THE PHILIPPINES I. INTRODUCTION A question about the best form of government suitable to a particular country is a problem as old as the study of political science. Truly‚ this was the very question that agitated the birth of the art of politics. During the not so recent period in the history of governments‚ there was a mass exodus among various states to experiment on the promised wonders that parliamentary government can offer. Not exempted
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Problem Identification Even though Kao Corporations high accomplishments in Japan and South-East Asia markets‚ it still encounters difficulties in expanding into foreign markets especially beyond South-East Asia. Expanding into foreign market refers to a company expanding its business to a new territory‚ location or country. This problem arose mainly due to the fact that they are not ready to expand into the foreign market and there are too many strong competitors. Expanding into new markets require
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Assignment 1 Sands Corporation A report submitted to‚ Prof. Mukul Vasavada and Prof.Danesh Gojer By Rohit Sirohia Roll No. 51220 To Vice President Sands Corporation From Rohit Sirohia Subject: Report on the selection of site for new plant. Respected Sir‚ I am submitting the report on the selection of the site for the new plant required by the company to meet the demands of the new government contract. The two options for the site that is Kimberly street and Hampton have
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restaurant can be by putting extremely strict emphasis on the superior customer service for over ten years. These two core values‚ high-quality product and service‚ eventually became the foundation and guidance of Lei’s new venture – Xiaomi Corporation‚ a smartphone company. In Lei’s prior career‚ he served as the CEO of Kingsoft‚ a Chinese antivirus software firm‚ and now remains chairman of the board. Lei is also the founder of Joyo‚ an online retailer he created in 2000. He sold the company
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Conclusion___________________________________________________________25 Glossary_____________________________________________________________26 Introduction In the Arts Corporation Case‚ we are presented with a lawsuit put together by all female employees that work at Artsy Corporation. With this lawsuit the female part of the company tries to make a point that they have been discriminated in the workplace due to their gender. They make a statement that gender would affect certain
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Associate Level Material Comparative Data Resource: Ch. 14 of Health Care Finance Complete the following table by writing responses to the questions. Cite the sources in the text and list them at the bottom of the table. What criterion must be met for true comparability? | True comparability needs to meet three criteria: consistency‚ verification and unit measurement. (Baker & Baker‚ 2012) | What elements of consistency should be considered? Provide an example. | The elements
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Situation Analysis Sands Corporation manufactures parts for machinery of Aircrafts‚ automotive and agricultural equipment. Started in 1943‚ Sands Corporation has successfully set up 3 plants employing a total of 2750 workers. All the plants have almost reached their full production capacity as a result‚ due to the increasing Government contracts‚ shortage of land and labour in the existing plants‚ Sands Corporation needs to set up a new plant. No other leasing space is available. Thought the government
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