...Law 1 – Annulment Case SP. PROC. CASE No. ONA-1005 For Annulment/Declaration of Nullity of Marriage The annulment case happens in the Philippines that will be mention stated below of this sentence. This happened in the Regional Trial Court in the 7th Judicial Region Branch 25, Danao City in Cebu. SUMMONS BY PUBLICATION ANTONIO A GULTIANO,JR.- No. 662 Ipag Mariveles, Bataan WHEREAS on December 02, 2010, petitioner through counsel filed with this court a complaint as follows: COMPLAINT PETITIONER, by counsel unto this Honorable court, respectfully states under oath that: Petitioner Hazel A. Escosio-Gultiano is a Filipino of legal age, married and a resident of Goldenville countryside Homes, Santo Niño, Barangay Sabang, Danao City, Cebu. She is represented in the instant action by the undersigned counsel whom she may be served with notices and other court processes. Respondent Antonio A. Gultiano, Jr. is a Filipino, of legal age, married and a resident of 662 Mariveles, Bataan, where he may be served with summons and other court processes; Petitioner’s selfelss sacrifices to save her family resulted her subjection to emotional and psychological abuse from the respondent. Respondent’s intolerablecharacter and moral defect were already beyong the stretch of petitoner’s patience. Thus petitioner pursued any means of raising a child through the help of parents in order to scratch a living away from home. Such identified personality traits or mental problems is the integral...
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...CHAPTER 6 INTANGIBLE ASSETS PROBLEMS 6-1 (Amsterdam Enterprises) a. Special equipment P546,000 Research salaries 51,300 Costs of testing prototype 70,800 R & D Expense P668,100 b. Fees paid to Phil. Patent Office P 7,500 Drawings required by the patent office 14,100 Legal costs of filing patent 38,100 Patent cost, January 1, 2004 P 59,700 Less amortization of patent for years 2006 and 2007 (59,700/ 17) x 2 yrs. 7,024 Patent carrying value, December 31, 2007 P 52,676 c. Patent carrying value at December 31, 2008 59,700 x 14/17 P 49,165 Remaining estimated useful life at January 1, 2009 ÷ 5 Amortization expense for year 2009 P 9,833 6-2 (May Company) Patents Cost P192,000 Less accumulated amortization 36,000 + (156,000 ÷ 8) 55,500 P 136,500 License Cost (80 x 600 x 2/3) P 32,000 Less accumulated amortization (32,000/4) 8,000 24,000 Trademark Cost (80 x 600 x 1/3) P 16,000 Less accumulated amortization (16,000/4) 4,000 12,000 Goodwill (12M – 8M) 4,000,000 Total intangible assets P4,172,500 6-3 (July, Inc.) |2001 | | | | |Jan. 3 |Patents ...
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...greenwashing problems and discuss Chevron’s (one of the world’s largest integrated energy companies) marketing strategies, which hides its destructive environmental records behind eco-friendly rhetoric and advertising campaigns. There are four main reasons that greenwashing has become a problem in recent years. Firstly, greenwashing activities help to attract customers so that profits can be remarkably increased (Berkeley Media Studies Group 2008, p.20). According to Solman (2008, p.24), British Petroleum (BP), a well-known oil company, profited from the rebranding effort as the corporation changed its name to Beyond Petroleum which can be associated with nature. Meanwhile, greenwashing can help to improve a company’s reputation (Solman 2008, pp.22-23). For example, Solman (2008, pp.22-23) states that BP launched a series of campaigns, hoping that customers would reappraise the company. As a result, Business Week, a famous magazine, acknowledged BP’s effort and praised the company’s investment in alternative energy (Solman 2008, p.23). However, BP is essentially an environmentally destructive corporation for its main profit comes from fossil oil. Thirdly, companies utilize greenwashing practice as an effective measure to increase investment into their products...
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...Essay Outline A3 Jackie Introduction 1. Background “Greenwashing” is what companies or organizations do when they spend more time claiming to be “green” through advertising and marketing than actually implementing business practices that minimizes environmental impacts ( Berkeley Media Studies Group, 2008). In recent decades, due to the increasing pressure from the government and public regarding the environmental issues, a growing number of companies are using “greenwashing” strategies to boost their sales (Berkeley Media Studies Group, 2008) and carmakers are no exception. With gas prices on everyone’s mind as well as individuals’ concern about environment, people are looking for clean and fuel-efficient cars to go easy on the environment and their wallets. As a result, some car manufacturers launched hybrid cars with biopower engines which gained popularity soon and labeled themselves as environmentally friendly companies. 2. Identification of problem Saab, one of world-renowned car manufactures, innovatively launched a new style of car, Saab 9-5 in 2007 which used biopower engine. This writer selects Saab for the essay. Saab’s environmental claims are that “The Saab 9-5 2.0t BioPower is not only kind to the environment; it also produces more power and performance than its gasoline equivalent” (Coman, 2006). 3. Thesis Statement This essay will explain why “greenwashing” has become a growing problem, examine two environmental claims made by Saab and demonstrate that...
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...documented path of the guidelines to the production environment and then go-live. Phase5- Go Live and Support Set up SAP monitoring with a feedback mechanism to ensure system performance is as per expectations. 3.4. List the design tools you selected for use on this project and discuss the rationale for their selection. The primary tools used were SAP ECC 6.0 ERP Central Component was chosen as it was designed as an SAP tool which has additional extension sets other than already equipped to manage R/3 Finance, Material Management, Logistics, HR, etc. SAP Solution Manager SolMan or Solution Manager is a single source of truth that is equipped to render reports related to systems and system performance, apart from event management and generating alerts for events that could hamper production. It also assists with improved audit mechanism through a comprehensive solution documentation method Other than the above, SolMan provides test capabilities that help in reducing cost and errors in production systems. Disk Space To analyse and track disk Space utilisation through the testing and production environment Security To ensure all security protocols are in place and reported from time to time in the project RAID log ...
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...Aurora Textile is a problem where they only have two option, which is to buy the Zinser 351 or to use the older generation machine from past decade. The problem is much more severe when faced with the fact that Aurora have been on loss for four years now, coupled with more and more textile industry moving their operation to overseas. 1. If Aurora Decided to stick with their old machinery If Aurora decided to stick to their old machinery, First off they current book value of the machine is $ 800,000 (from data given). Taken into account the sales growth (2%) and volume (1%) next year, combined with the current selling price of $ 1.0235 per pound means annually the old machine will produce $ 511,750 (not taking account returned goods), while for the next four years consequently it will produce $ 516, 867.5, $ 522,036.175, and $ 527, 256.537. The current book value of machine of $800,000, coupled with $200,000 for the remaining of four years of usage (then it will be free of depreciation), means taking NPV of Hunter Plant is estimated to be $ 8.9 million. 2. If Aurora Decided to Invest in Zinser 351 Machine If Aurora decided to invest in new machine, at first they will need an initial investment of $8.25 million (from total capitalized cost), plus, Aurora have spent $ 5,000 on engineering test, $ 15,000 market research, and additional $50,000 for one time employee training. The effect on investing on Zinser, is that they will be reduction in conversion cost of Hunter plant...
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...Solman Nasseri Professor Vanderklein BIOL 213-04 30, September 2015 Newspaper Article 2: Sports The world is a very cruel and dark place that can sting really badly at times, especially in regards to sports. The article written by Victor Mather Another Injury For Derrick Rose, More Waiting By the Bulls can be seen as an allegory, which means it can be either seen from two different perspectives, one from a sports analyst or one from an ecologists perspective and in this case we will relate it to Ecology. One of the NBA’s most famous and notorious franchises in NBA history the Chicago Bulls, has had another setback with the upcoming season. Their star point guard Derrick Rose has suffered a facial fracture. Now we might ask ourselves how this could be seen to relate to ecology. First and foremost “The N.B.A. is a superstar-driven league” (1 Mather). With this said I can relate it to ecology in the sense that this sport like any other is survival of the fittest (not in regards to reproduction of course, but to which team and its players can stay the healthiest and thrive to move on). Secondly, the teams always with more talent and superstars always have gone the furthest and have always succeeded while the weaker teams have gone unnoticed and eventually die off. Exactly how nature works as well the stronger live and the weaker die off. Now Derrick Rose is that key link for the Bulls to cross that line between strong and weak. Every time he has managed to stay healthy he has...
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...The financial crisis of 2008 rocked the global economy. As one major investment bank went bankrupt, other American financial services institutions were in poor health due to their own banking practices. However, these practices occurred due to the failure of government regulators. Ronald Reagan’s plan to stimulate the American economy in the wake of the 1980s recession led to sweeping deregulation in the financial services sector (Komai) (Inside). This deregulation and the failure to properly enforce regulatory powers by those in the Federal Reserve and Treasury Department led to increasingly risky behavior by banks (Inside) (Das) (Rajan). The repeal of The Glass-Steagall Act in the late 90s meant that the banks engaging in these risky operations were larger than ever before and were using depositors’ money in order to trade for the benefit of the firm rather than its clients (Roubini) (Rajan) (Sorkin) and it is that risky behavior that ultimately led to the near collapse of the world’s economy. Although banking leadership must be held responsible for the practices that many institutions in the financial services sector engaged in (Sorkin), the failure to adequately regulate the banking industry gave banks the opportunities to engage in the behavior that caused the crisis (Inside) (Rajan) (Taylor). In the years since the crisis, and as the global economy continues in its efforts to recover, many have called for strict reform of Wall Street regulations (Acharya). Legislative...
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...Current Market Conditions Paper ECO 365 University of Phoenix April 6, 2011 Introduction In a society that has seen such a drastic downturn in the economy, people are searching for the best possible bargains they can find. People across the United States are looking for ways to save money; thus, searching for stores that will provide them with everything they need at a lower cost. Companies all over the United States are fighting to stay competitive and are seeking ways to restructure their company and still provide for consumers the best possible prices. Companies such as Wal-Mart do not have to change their structure to fit the demands of consumers because it already offers its customers brand name items at lower prices. Wal-Mart’s basic structure has helped make it a powerful retail business, and a place consumer’s love. Market Structure Wal-Mart Stores Inc. opened its first discount store in 1962, Sam Walton had no idea his business would be the success that it is today. The reason for Wal-Mart’s success is their ability to create a basic structure for their business. Wal-Mart offers a variety of well-known brands and sells them at about 5-10% cheaper than other retailers. This makes Wal-Mart a powerful force in the retail business. Wal-Mart Stores is considered an oligopoly market structure. Colander (2008) defines oligopoly as a market condition in which sellers are so few that the actions of any one of them will materially affect price...
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...Current Market Conditions Stella Heering ECO 365 June 25, 2012 Tarron Khemraj Current Market Conditions Introduction In a civilization that has seen such a radical slump in the budget, people are penetrating for the best likely snips they can find. People crossways the United States are observing for habits to save cash; thus, penetrating for supplies that will deliver them with everything they need at an inferior cost. Businesses all over the United States are aggressive to stay modest and are looking for ways to rearrange their business and still deliver for customers the best likely prices. Businesses such as Wal-Mart do not have to alter their construction to fit the stresses of customers because it previously proposals its patrons brand name items at inferior prices. Wal-Mart’s basic construction has aided make it an influential retail trade, and a place customer’s love. Market Structure Wal-Mart Stores Inc. unlocked its first reduction store in 1962, Sam Walton had no impression his commercial would be the achievement that it is nowadays. The aim for Wal-Mart’s achievement is their aptitude to create a rudimentary construction for their business. Wal-Mart offers a diversity of famous brands and vends them at about 5-10% economy than other shops. This makes Wal-Mart an influential power in the selling business. Wal-Mart Stores is careful an oligopoly market construction. Colander (2010) describes oligopoly as a market disorder in which vendors are so few that the...
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...Current Market Conditions Competitive Analysis University Principles of Microeconomics Date Professor Current Market Conditions Competitive Analysis Introduction Over the last several years in the United States, there has been such a radical dip in the national economy. Because of this, more and more people and companies are scrambling for any financial scraps they can find. Engineering ways to maximize profits while reducing production costs is essential for both individuals and companies alike. Companies all over the United States are becoming increasingly desperate when it comes to ways to reorganize their company and still deliver a low price for their customers. Companies like Wal-Mart do not have to drastically modify their structure to meet the demands of customers because of they have already become an ensign to others as an example of a successful relationship between company and patrons. This is likely due to the implementation of its own brand name goods and competitive prices. Wal-Mart has one of the most basic business structures in the retail market. The business organization has aided them in becoming one of the most influential businesses in the retail trade. Market Structure In 1962 Sam Walton introduced society to the first discount store; Wal-Mart. Walton could not have imagined that it would become the retail behemoth it has grown into today. One of the reasons for Wal-Mart’s success has to be contributed to the fact that the store has...
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...Introduction: Michael “Mickey” Monus managed to lose over $500 million dollars of investor money while seemingly building a successful discount chain. Using catchy slogans such as "Phar-Mor power buying gives you Phar-Mor buying power" enabled Monus to take his chain from 1 store to over 300 in 10 short years. This phenomenal growth was attributed to selling a lot of merchandise, purchased at rock bottom prices, to turn a small profit. The success was unusually rapid and even had Sam Walton, of Wal-Mart, worried; and in July 1992 Mickey Monus (President), David Shapira (CEO), and Patrick Finn (CFO) felt like they were on top of the world. They had 25,000 employees and sales of more than $ 3 billion. Accounting issues: Phar-Mor bankruptcy was one of the largest private companies in 1992. The fraud was executed primarily by upper management from the President, CFO, and COO to name a few. Phar-Mor executives embezzled money by using it for personal use and creating the World Basketball League. Phar-Mor accounting issues included falsifying financial statements. The false financial statements were submitted to banks and allowed them to increase the credit line from $435 million to $600 million. Phar-Mor defrauded Corporate Partners, Chemical Bank, Westinghouse Credit Corporation, and Westminster National Bank for a total of $517 million dollars (Mintz & Morris). Mickey Monus, Pat Finn and associates managed to overstate inventory which amazingly increased tremendously...
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...is expected to raise 4.6 million people out of poverty (Covert). Government spending can then be reduced because they no longer need to pay for this amount (Covert). Although the $7.6 billion dollars being taken out of the deficit may not put a large dent in the roughly $768 billion budget, it does not account for the amount of money being put back into it (Covert). More people making more money means that they no longer need to take out of welfare, instead they are contributing through other methods. It’s a double standard. For every person we bring out of welfare, we are essentially cutting the budget of two. Unfortunately, SSI does not just include the minimum wage employees, instead, it includes all class levels taking out disability (Solman). Nevertheless, a supply and demand curve and shows that increasing the minimum wage will increase unemployment. The typical economist’s argument, as well as the argument of a letter signed by over 600 economists, is that the unemployment predicted will not suddenly happen ("Over 600 Economists Sign Letter In Support of $10.10 Minimum Wage: Economist Statement on the Federal Minimum Wage"). In fact, businesses would have no other option than to pay their employees more, because decreasing workforce would also decrease their profits, in order to maintain a high profitability. For instance, Canada has been a prime example and test trial on the effects of increasing the minimum wage. All of Canada’s 10 provinces have minimum wages above $10...
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...Fraud Case on Phar-Mor, Inc. Introduction Phar-Mor, Inc. was one of the top ten deep discount store that grew rapidly in a short period of time during the 1980s. Phar-Mor pricing strategy was to sell products at an even greater discount than other deep discount stores like Wal-Mart. While the practice of selling at such low cost attract customers, Phar-Mor was experiencing losses. The prices were cut so low that profit would not be generated. And this was how the fraud began. To prevent the truth from damaging Phar-Mor’s appearance, the president and other top management employees decided to cook the books by using creative accounting practices that were against the rules of GAAP and GAAS. Other than that, there was also an embezzlement of cash by the president and CFO of Phar-Mor. When the fraud was finally uncovered, investors have lost over one billion dollars, and the fraud was estimated to be over $500 million. Soon afterwards, Phar-Mor had to file for bankruptcy. By the end of the month, Phar-Mor had to lay off over 10,000 of their employees and close over 100 of their stores all across the state. Several charges were filed against Phar-Mor’s top executives and auditors. By the end of the trial, the financial statement fraud that occurred in Phar-Mor was deemed to be one of the largest corporate scandal recorded in history. Background The first Phar-Mor store was opened in Cleveland by Mickey Monus in 1982. According to JRO, Monus was the son of a businessman and...
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...No one can say with any assurance what the dollar value of damages would be from the highly uncertain climate changes that might accompany a planet earth that is steadily warming. Paul Solman: Are headlines trumpeting the fact that carbon dioxide levels in the earth’s atmosphere have now passed 400 parts per million for the first time in something like three million years unduly alarmist? Or are they a timely warning? I asked noted environmental economist Martin Weitzman to address the question. An expert on the Soviet economy in the ’70s and ’80s, Weitzman first made news in 1984 with the publication of a book called The Share Economy, an argument for profit sharing instead of fixed wages. Fourteen years later came his paper Recombinant Growth, which revolutionized how some of us understood the enormous potential of technology. But for many years, Weitzman has also been working on environmental economics and most recently, in a series of widely cited academic papers, on the economics of global warming; the most famous, on the “Economics of Catastrophic Climate Change.” Weitzman’s central idea is not unlike the legendary bet proposed by the 16th century Catholic French philosopher Blaise Pascal. One way to interpret Pascal’s argument: even if you think the likelihood of God’s existence is vanishingly small, the cost if you’re wrong — eternal damnation — is infinitely high. An infinite cost times even a tiny probability is still … an infinite cost. So you make...
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