...http://www.theglobeandmail.com/globe-investor/investment-ideas/lets-talk-investing/fresh-faces-refreshed-share-performance/article10737515/ Number Cruncher Fresh faces = refreshed share performance Ian McGugan The Globe and Mail Published Wednesday, Apr. 03 2013, 6:43 PM EDT Last updated Wednesday, Apr. 03 2013, 6:43 PM EDT What are we looking for? Stocks that could gain as a result of new faces in the executive suite A Standard & Poor’s report, published in December, found changes in CEOs or CFOs often preceded a rise in companies’ stock prices. The changes at the top were also reflected in stronger returns on equity (ROE) and in better returns on assets (ROA) for these companies. Both trends persisted for as long as three years after a new CEO took over. A month ago we listed North American stocks that might benefit from these trends. Today, with the help of Elynn Tucker, associate director with S&P Capital IQ, we look for non-North American companies that have changed CEOs in the past six months. How we did it Ms. Tucker used the S&P Capital IQ Screener to search for stocks on non-North American exchanges with headquarters and market capitalizations greater than $500-million (U.S.). Among this group of mid-sized and large companies, 59 firms had changed CEOs during the past six months. Ms. Tucker sorted them by the percentage change in analysts’ expectations for earnings per share. The top 10 are listed here. The notion behind the list is...
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...ADMS 3660R 2016 Final Take-home Exam Due 9 April 2016 Please read the following hypothetical scenario and the follow the instructions below. Scenario TideeKleen Waste Management Inc. (TK) has been regarded as a leader in corporate citizenship within the Canadian commercial waste recycling and disposal sector, with a strong reputation for social and environmental responsibility. The company’s workers are unionized, well-paid, and enjoy a generous health benefits package and defined-benefit pension plan. Unfortunately, TK has been in a financial and reputational slump of late. Although there are no foreseeable threats to its solvency, TK’s profit margins are thinner than in the past and its stock price has been sagging. TK operates several facilities for sorting and processing solid waste (some of which, such as fluorescent tubes and electronic devices, containing potential hazardous components). Its newer facilities are state-of-the-art: high-tech, largely automated, and very safe for both workers and the environment. These new facilities employ a small, mostly young and highly skilled work force. They are very profitable. The older facilities are approaching the end of their functional lifespans, and the company will need to replace their capacity in order to continue to fulfill their contracts with waste generators. Many of the workers at the older facilities are themselves older and are approaching retirement. One of the older facilities, though complying with...
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...ADMS 3510 Group Assignment: Markworth Products (MP) Fall 2014, Section A Group members Alamgir Khandwala, 212357109 Mohammed Islam 212540191 Sobia Ali, 210515062 Summaiya Haque, 211992948 Date of submission: 9th November 2014 To: Mr. John Adam, President From: Controller Subject: Cost System and Capital Budgeting Improvement Please find attached report for Markworth Products for recommendation regarding appropriate costing system as it grows as an organization and capital budget evaluation. Kind Regards, Controller Introduction and Relevant Facts Markworth Products (MP) is a new Canadian public company in the plastic packaging products industry. It develops technologically advanced machinery and moulds that give MP a competitive advantage over its competitors. John Adam has requested us to develop efficient costing system and improve capital budgeting process. Problems Major Problems: - MP does not have an efficient costing system in place to allocate the direct manufacturing costs and indirect manufacturing overhead costs for accurate prediction of product costs. - The current approach for capital budgeting to evaluate new equipment does not meet the current industrial standards of accepted NPV practices Minor Problems: - Holding inventory for clients free of charge - Potential market loss due to emphasis on reducing costs and value leadership - Above average profits due to competitive advantage last temporarily as competitors...
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...Mid-Term Exam 2 for AP/ADMS 2510 Fall 2015 Sunday November 15th 10:00 am -1:00 pm School of Administrative Studies, YORK UNIVERSITY LA&PS STUDENT NUMBER _______________________ SIGN IN # _________ Section______ First NAME _________________________________ LAST NAME______________________ Instructions • Please turn off your cell phones and place cell phone, books, notes, backpacks, coats, etc. to the side, rear or the front of the classroom before the mid-term examination commences. • Please make sure that there is at least one empty seat between you and any other student sitting beside you in the same row and have out for display your 2 pieces of independent photo-identification during the mid-term examination to facilitate verification. • Fill in your name and student number in the section above. Answer all the FOUR questions. You may write with a pencil or pen. However, if you do use pencil, you will not be able to submit your mid-term for re-appraisal. • This is a closed-book mid-term examination; no collaboration is allowed and no formula sheets are allowed or will be provided. No additional time for late arrivals. • Three hours (180 minutes) are allowed to complete the mid-term examination (total of 100 marks). • You are allowed to use a simple (non-programmable) calculator. Sharing calculators is not permitted. Cell phones cannot be used as calculators. • Do not ask questions from the Professors or the Invigilators. If it is necessary, state your assumptions on the mid-term...
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...Mid-Term Examination #2 ADM 3349 B AUDITING THEORY November 18, 2009 Professor: B. Church | | |INSTRUCTIONS | | | |1. Books and notes are not permitted. | |2. Calculators are permitted. | |3. Complete all questions. | |4. Write in pen. | |5. Answer all questions directly on the examination paper. | |6. Follow the suggested time frames for each question. | |Question |Marks |Suggested Time |Grade | |1 |30 |30 minutes | | |2 |50 |60 minutes ...
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...ADMS 4495 Midterm Notes Chapter 1: A work team is an interdependent collection of individuals who share responsibility for specific outcomes for their organizations. A team is a group of people with respect to information, resources and skills who seek to combine efforts to achieve a common goal. It has 5 characteristics: 1. Shared Goal 2. Interdependence- members cannot achieve goals by themselves. To meet goals you must rely on other members. 3. Bounded- identifiable membership (know who’s on the team). 4. Stability- teams work together for a meaningful length of time. (Tenure). 5. Authority to manage own work and internal processes. Teams operate in larger social system context. (Larger organization) A working group by contrast, consists of people who learn from one another and share ideas but are not interdependent in an important fashion and are not working towards a shared goal. Help others but maintain the goal of achieving independent goals. 4 Challenges proving importance of teams: 1. Customer Service- Transactional models of teamwork are characterized by discrete exchanges, are short term in nature and contain little interactions between customer and the vendor. In contrast relational models of teamwork occur over time , are more intense, and are built upon a relationship between the people involved. 2. Competition- Industry leaders often enjoy vast economies of scale and earn tremendous profits. Teams withing organizations...
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...Abstract The AMD Fusion Family of Accelerated Processing Units (APUs), introduced to market in January 2011, is a new generation of processors that combines the computing processing unit (CPU) and graphics processing unit (GPU) capabilities in a single chip (die). APU-based platforms can deliver a prodigious amount of computational horsepower, and can present enormous opportunities in developing an application ecosystem beyond today’s mainstream computer systems. While APUs seek to deliver a superior, immersive PC experience, they also can provide tangible environmental benefits. By eliminating a chip to chip link and by introducing new holistic power management techniques, the APUs are designed to be more power efficient than current generation platforms that have both computational and graphical capabilities. This paper compares the environmental impact of one of AMD’s first APU products against an equivalent computer platform powered by the current generation of AMD processors (CPUs and GPUs). By conducting a business to consumer (B2C) lifecycle assessment, this study compares the total lifecycle greenhouse gas (GHG) emissions (also known as a “carbon footprint”) of an APU system (based on the 18W dual-core processor codenamed “Zacate” and the M1 chipset codenamed “Hudson”) with the latest AMD system codenamed “Nile” (which is based on an AMD Athlon™ Neo II Dual Core processor, SB820 Southbridge, RS880M Northbridge with an ATI Mobility Radeon™ HD 5430 discrete graphics...
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...With permission of the CICA, a consortium made up of members from each of the four provincial CA professional programs updated the following simulation and evaluation guide to reflect the CICA Handbook standards, the Tax laws and the UFE Candidates Competency Map in effect as of March 31, 2011. Any changes to the original material are the sole responsibility of the consortium and have not been reviewed or endorsed by the CICA. The assumption was made that private companies will apply Accounting Standards for Private Enterprises (ASPE) and public companies International Financial Reporting Standards (IFRS)*. The assumption was also made that the accounting framework had been in place for several years. Dates in the simulation have not been changed. * Note: For the 2011 UFE, a candidate might be required to determine whether ASPE or IFRS is appropriate under the circumstances. © 2011 Institute of Chartered Accountants of Ontario Paper II - SIMULATION 3 (70 minutes) You, CA, have just been hired by Doctor Robert Blake (Doctor Bob) as a part-time accountant for his new clinic located in the province of Quebec. From your interview, you have learned that Doctor Bob moved to your city from another city within Quebec. Prior to that, he was studying medicine overseas. He arrived in Canada on February 28, 2006, and met all the requirements to practice medicine in the province. He has many questions about setting up his own medical practice, but is aware that according to provincial tax...
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...Subject: Date: Corporate valuation: Archer-Daniels-Midland Company ADM (Archer-Daniels-Midland) company is one of the world’s largest food processing firms operating over 270 plants worldwide and operating in over 75 countries. Headquartered in Decatur, Illinois, the company is listed on the New York stock exchange main board and is a part of the S&P 500 index. The company is one of the most admired in the US and internationally being named the world’s most admired food production company by the fortune magazine for three years in a row from 2009 to 2011. ADM has a staff of about 30,000 people in its workforce to help it run its operations and hundreds of thousands more who depend on it indirectly as suppliers and business partners. ADM seeks to partner with farmers by creating thousands of products and markets for their crops. ADM was founded in 1902 when George Archer and John Daniels set up a factory to crush linseed. The company changed its name to its current Archer-Daniels-Midland company when in 1923 it acquired the Midland Linseed Products Company to further grow its linseed business. Since then, ADM has expanded both in geographical size and business segments as it entered more business lines such as milling, food processing, manufacture of specialty foods ingredients for industrial use and nutritional products to the processing of cocoa. The company also has significant interests in renewable energy. ADM is also involved in the storage and transportation of agricultural...
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...come from state funds” (Leachman & Mai, 2013). Revenue that is received from the state to its school districts allows school administrators to provide materials that teachers and instructional support staff need to provide quality instruction to students. It is imperative that schools have the proper equipment and resources needed to prepare students for and beyond the 21st century. For students to be prepared for the global workforce school must have an adequate amount of money to fund education. Many states use one of two types of student counts to determine how much money each school will receive. The two types of student counts that states use to distribute education funds are Average Daily Attendance, ADA, and Average Daily Membership, ADM. The purpose of this paper is to determine which student count would the writer of this paper use to distribute state funds generated by state tax dollars to all of the schools within the state. Understanding the difference between Average Daily Attendance and Average Daily Membership can assist one with determining how to distribute state funding for education. Quarterly, an average number of students who attend a particular school each day determines the school’s Average Daily Attendance. Any changes and adjustments to state funding for a school is fixed to reflect the changes in attendance, hence the reason why ADA is taken on a quarterly basis. If one is going to use ADA to distribute funds to school, that person has to keep in mind...
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...Hadleyville is in a profound fiscal emergency. As demonstrated in the Budget Briefing Books, the town has encountered declining incomes after the Wilson Performance Automobile Plant close down 3 years prior. Past that, the national money related emergency has hit the town hard, and has seen considerably a greater amount of the delicate business vanish. Jack Sprague demonstrates how inhabitants have progressively had some major difficulty discovering work, and the individuals who have not inside and out left are tied down to home loans they can't manage the cost of and family commitments they can't meet. He isolated the division into groups, and throughout the span of the following 8 weeks, each one group is obliged to create a proposal illustrating a 3- to 5-year plan for recuperation. This won't be simple, and Jack suspects as the group dive into singular office plans, they will experience alarming choices that must be made. Eventually, the political authority of the town will need to settle on those choices, yet it isn't possible without any assistance. Each group will have entry to data on incomes and current uses through the Budget Briefing Books and will need to figure out which two of the town's most alarming offices need prompt modifications in their working plans. Jack's team ask that the plan and account groups apply the information they've picked up about working plans and their own particular individual encounters to break down the most ideal approach to adjust...
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...[pic] ADM1100 and ADM1300 Fall 2012 Individual Project Instructions Select any one of the following companies: MolsonCoors IBM General Electric Google Air Canada British Petroleum General Motors Note that in addition to web-based resources you are also expected to conduct a literature review that will include a search for any academic studies completed that have involved your selected company as well as any popular press articles – magazines, newspapers, publications of professional organizations and other possible sources of information. For your selected company you must provide a formal “management review report” that contains the following sections: 1. Executive Summary a. You will need to provide a concise summary (or extract) of your findings followed by a general recommendation on how well this company performs the main functions of management and where any major improvements could be made. 2. An overview of this company a. Its name, location of head office, location of subsidiary offices b. Its main line of work (services, products) 3. Governance a. Composition of its Board of Directors b. Committee Structures (such as whether it has a separate audit committee, compensation committee) c. Major shareholders or shareholder groups (such as Pension Fund Managers for example) d. How effective is its governance? Can you suggest improvements? 4. Ethics and Social responsibility a. Is this an ethical...
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...Code it now on your answer sheet! TEST FORM “A” York University AP/ADMS2500.03 Introduction to Financial Accounting Midterm Examination #1 Time: 3.0 hours - Winter 2015 - Questions: 40 Instructions 1. Submit • Only the pink mark sense sheet will be collected: you may keep this midterm examination paper. • Mark your answers on it for later reference. Ensure your name is on the pink mark sense sheet. 2. Mark Sense Sheet • Record your name and student number and answer all questions on the computer mark sense sheet provided with an HB (soft lead) pencil. Bring several pencils in case one breaks. The computer will not recognize ink or hard lead pencils. • Test Form is for the exam version you are writing (A, B or C) and Code is your Section (in the left column). • Fill in the bubbles for your name and student number in pencil (your phone number is not required). Leave the last column of the student number BLANK . • If you change an answer, use a high quality eraser to completely remove the previous mark. If the computer senses two answers to a question, only the first scanned will be recognized. 3. Exam Aids • Only calculators without alphanumeric programmable memories are allowed. It is strongly suggested you bring a couple of cheap 4 function computers to the exam in case one fails. Be prepared to be challenged by invigilators if you bring a “fancy” calculator. • Compact foreign language/English dictionaries may be used. However, these will...
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...1. What research will you do before your initial meeting with the executive management team? Before my initial meeting with the executive management team of ElectroMyCycle I would research their external relations such as the market that they are in, their customers, suppliers, competitors, products produced, services supplied, financial viability, and competitive advantages. This will allow me to position technologies and products to help strengthen the customer’s status intheir industry. By understanding the customer’s business goals and constraints I will be able to propose a network design that would meet the customer’s approval. 2. What general problems does ElectroMyCycle seem to be experiencing? What network design principles may have been ignored when Network Rogues designed and operated the existing network? Problems 1. Slow Internet 2. Sending email 3. Accessing web-based applications 4. Printing Design principles that may have been ignored by Network Rogues could include analyzing ElectroMyCycle’s initial requirements, scalability (the ability of a network to handle a growing amount of work or its ability to be enlarged to accommodate that growth), bandwidth (the average rate of successful data transfer through a communication path), and latency (the measure of the time delay experienced by a system). I don’t believe that Network Rogues were expecting the major jump in growth of the company which was caused by the increase in the production of...
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...chapter 1 Craig’s industrial relations system model - we see that the industrial relations actors take elements from the external environment and convert these inputs into outputs through a series of conversion mechanism. These outputs then flow back into the environment through a feedback loop * feedback loop- the mechanism by which outputs of the industrial relations system flow back to the external environment INPUTS PROCESSES OUTPUTS System Approach Model (Craig) Different from Dunlop by external environment into outputs, conversions mechanism, outputs through feedback loop 1- External Inputs (legal, environment, political) 2- Actors 3- Internal Inputs (goals, strategy) 4-Conversion Mechanism (collective bargaining) 5- Outputs (rights, hours, wages, strikes) 6- Feedback Loop System Approach Model (Dunlop) 1) Actors – govn agencies / hierarchy of mgrs / hierarchy of employees (financial environment influences all 3 actors) 2) Ideology – ideas/beliefs by Actors helps bind system together 3) Context – actors influence by environment factors / market constraints (wages/production) /workplace 4) Web Rules – procedure (making rules) / substantive (employment rules) / distributive Critism – lacks ability to predict outcomes / underestimates power / descriptive in nature CHAPTER 2 Industrial disputes investigation act , 1907 Created by Wiliam King The act is a cornerstone of Canadian law, marks an ongoing trend in Canadian legislation, namely the need for third-party...
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