... Horngren, Bhimani, Datar and Foster: "Management and Cost Accounting." Prentice Hall, 2007, 4th edition. Info What to expect from this course: An introduction to the discipline to prepare you for the proceedings of your Master To learn the “language” of the Business An overview of the topics in FA, MA and FSA “Course Limitations” Key questions What is the role of accounting? Accounting provides information. It measures business transactions and operations, “translating” them into numbers, in order to provide information. Why do we need to study accounting? Who are the user of this information? Why do we study accounting? To understand the world of business (and its language) To make better investment choices (resource allocation) To become advanced users To become advanced preparers … The “users” of accounting information Primarily “external” oriented Financial Accounting Managerial Accounting Primarily “internal” oriented Tax Accounting Primarily “external” oriented Financial Accounting and Reporting Generally Accepted Accounting Principles (GAAP), International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) Financial Statement / Annual Report Balance Sheet / Statement of Financial Position Income Statement / Statement of Comprehensive Income Statement of Cash Flows Statement of Changes in Equity Notes Statement of financial position: contents...
Words: 6361 - Pages: 26
...1. How are Mortensen’s estimates of Midland’s costs of capital used? How, if at all, should these anticipated uses affect the calculations? The cost of capital is the minimum acceptable rate of return for new investments in the corporation. Estimates of Midland’s cost of capital are used in many analysis within Midland, including asset appraisal for both capital budgeting and financial accounting, performance assessments, M&A proposals, and stock repurchase decisions. These estimates are used at the divison or the business unit level and also on the corporate level. When asses the cost of capital on different levels of business, managers must invest in new ventures that have an expected rate of return higher than the cost of capital. Different investments on different levels of business have different levels of risk, therefore, the cost of capital has to be a pertinent return for that particular division. 2. Calculate Midland’s corporate WACC. Be prepared to defend your specific assumptions about the various inputs to the calculations. Is Midland’s choice of EMRP appropriate? If not, what recommendations would you make and why? The appropriate EMRP to use in the 2007 WACC calculation is 6.0% as listed in Table 2. Team 1 compared this rate to real-world data using the average annual total return on common stocks from Yahoo! Finance and the risk free rate from Exhibit 1. EMRP= rm-rf EMRP=10.3%-4.85%= 5.45% 6.0% is reasonable for the Market Risk Premium in...
Words: 600 - Pages: 3
...Consumer Electronics Industry: Tablets Over the next Decade 1. Introduction A tablet PC is a wireless, portable personal computer with a touch screen interface. The tablet form factor is typically smaller than a notebook computer but larger than a Smartphone. Bigger and Brainier than a smart phone but smarter and sleeker than a net book, tablet computers have revolutionized the way in which modern day consumers experience and fulfill their computing and communication needs. The credit of pioneering this field and creating the market segment goes to Apple with launch of i-pad in 2010 and once again proving its capability of a leading innovation driven firm which redefines the course of overall computer industry as a whole from time to time. Since then the tablet sales have seen unexpected momentum in terms of growth in sales figures worldwide with apple emerging as the largest supplier till date as compared to all others. However, Android based tablet PCs are expected to take over Apple’s share in the coming years. The world has seen aggressive competition among tablet PC manufacturers after the launch of iPad from Apple. Within five months of the release of iPad, Samsung launched its Samsung Galaxy Tab to compete with Apple. Since then, the tablet PC manufacturing industry has seen the emergence of numerous players. Most tablet manufacturers such as Asus, HP, and Lenovo among others released their models of tablet PCs in quick successions, but none...
Words: 2408 - Pages: 10
...PROJECT BRIEF PROJECT BRIEF 0.1 INTRODUCTION Chennai is the fourth-largest city in India. It is a coastal city with the second largest beach in the world. The climate is hot and humid but the breeze blowing from the sea makes the climate bearable. It is India's major leather-producing center and the quality of leather compares with the finest in the world. The City with its present population of about 8 million generates about 11 million trips in a day, with about 6 million vehicular trips. The ever growing vehicular and passenger demands coupled with constraints on capacity augmentation of the existing network have resulted in chaotic condition during peak hours of the day. POPULATION The population of Chennai in1639 was 40000 and today the city is estimated to have a population of 7.5 million, which gives a population density of about 6482 per sq. km. It is observed that with the population growth between 1921 and 1981 has been very rapid and similar trend continues. INDUSTRIAL AND EMPLOYMENT SCENARIO Economic growth of CMA has been slower in the large-scale formal industrial sector compared to the growth in the small and marginal sectors in trade, commerce and transport. Per capita income in CMA is rather low compared to other metropolitan cities; it was Rs. 1760 per capita /month as per the house hold survey carried out in 2005. About 65 percent of the population can be classified as economically weaker section. LAND USE POLICY In 1973, the Chennai Metropolitan Development...
Words: 8108 - Pages: 33
...Marketing Management MKTG5561; SE-2, 2015, Seminar 1 Dr Richard L. Gruner Assistant Professor 1 What is Marketing to you? 2 How many marketing messages are we exposed to every day? 3 3000-20,000* every day. most days of your lives. *Source:fluiddrivemedia.com/advertising/marketing-messages/ 4 5 So what can be done? 6 7 8 9 10 ...too often messages fail to stand out. 11 12 But marketing is not just about B2C communications. 13 Who is being targeted in this ad? 14 Nor is Marketing always about selling products. 15 Boycotting products... 16 17 18 And Marketing is not just about tangible products. 19 What’s the product in this campaign? 20 Behaviour Change 21 Can you think of other behaviour change campaigns? 22 23 24 25 26 AND! 27 Marketing is not limited to advertising and communications! Marketers need to be prepared to answer all sorts of strategic questions. Can you think of any? 28 [ ] Do we extend our product line/brand? [ ] How do we fight off a competitor? [ ] How do we push into new markets? [ ] Should we restructure our supply chain? [ ] Change or production processes? [ ] Raise our prices?.... It’s much more than just making ads. 29 In fact...“Marketing is Everything” (Regis McKenna). “Marketing is about all factors that influence a company's ability to deliver value to customers...
Words: 2301 - Pages: 10
...variable, and total expenditure in the Japanese market. Ethiopian coffee demand was found to be elastic and this has an implication in pricing policy. Keywords: Linear Approximate Almost Ideal Demand System (LA/AIDS), expenditure share, coffee, Ethiopia, Japan ∫∑§—¥¬àÕ ‡Õ∏‘‚Õ‡ªï¬‡ªìπª√–‡∑»ºŸº≈‘µ°“·ø√“¬„À≠à∑ ¥ â ’Ë ÿ „π∑«’ª·Õø√‘°“ Àπ÷Ëß„πµ≈“¥À≈—°¢Õß°“·ø®“° ‡Õ∏‘ ‚ Õ‡ªï ¬ §◊ Õ ª√–‡∑»≠’Ë ªÿÉ π ß“π«‘ ®— ¬ π’È ∑”°“√ «‘ ‡ §√“–Àå ªí ® ®— ¬ ∑’Ë ‡ ªì π µ— « °”Àπ¥Õÿ ª ß§å ° “·ø®“° ‡Õ∏‘‚Õ‡ªï¬„πµ≈“¥≠’˪ÿÉπ ‚¥¬„™â·∫∫®”≈ÕßÕÿª ß§å ‡™‘ ß ‡ â π „°≈â ¡∫Ÿ √ ≥å „ π°“√ª√–¡“≥√–∫∫ ¡°“√ à«π·∫àß§à“„™â®à“¬ ”À√—∫°“·ø®“°‡Õ∏‘‚Õ‡ªï¬·≈– ®“°ª√–‡∑»§Ÿà·¢àß ¢âÕ¡Ÿ≈∑’Ë„™â‡ªìπ¢âÕ¡Ÿ≈√“¬‰µ√¡“ µ—Èß·µàªï 2531 ∂÷ß 2552 º≈°“√«‘‡§√“–Àåæ∫«à“ §à“ — ¡ ª√– ‘ ∑ ∏‘Ï ∑’Ë ° –ª√–¡“≥‰¥â à « π„À≠à ¡’ π— ¬ ”§— ≠ ∑“ß ∂‘µ·≈– Õ¥§≈âÕß°—∫∑ƒ…Æ’‡»√…∞»“ µ√å®≈¿“§ ‘ ÿ Õÿª ߧ尓·ø®“°‡Õ∏‘‚Õ‡ªï¬∂Ÿ°°”À𥂥¬√“§“°“·ø 1 2 ®“°‡Õ∏‘‚Õ‡ªï¬ √“§“ ‘π§â“∑¥·∑π®“°ª√–‡∑»§Ÿà·¢àß µ—«·ª√Àÿàπ·∑π°“√ªπ‡ªóôÕπ ·≈–§à“„™â®à“¬‚¥¬√«¡...
Words: 5325 - Pages: 22
...Preface/Unit Reflection I had many thoughts about my audience and the format of this essay before I started, but as I haven’t done essays in a long time (business majors usually focus on projects, not essays), I decided that I wanted to write my first project in a straightforward fashion. I feel that I need to get the rust off my writing, so to speak I chose to write to the rest of the class because 1) They will be peer reviewing it, so it’s convenient for them that they are the target audience and 2) I could express my thoughts in a straightforward fashion that my audience can relate to very well, as they are in the same position as I am. I wrote this essay as if I was writing to an intellectual friend who is also taking this class, is very interested in English and entrepreneurship, and wanted to see how the two topics coincided through the lens of genre analysis. I assumed that the reader knew the definitions of materiality, genre and genre analysis, and discourse community, as the intended reader is in this class and has done the readings. Surprisingly, I learned a lot about my field through reading and writing for this unit. I really loved the challenging readings, as it seemed as if I were “getting smarter” reading them. Pushing my brain processing abilities is great for my brain’s capabilities, which I value. As I wrote, I would constantly think of new ideas about my field, such as the materiality of online articles in an entrepreneur’s life, and think hard. I appreciate...
Words: 2449 - Pages: 10
...Section A: Description of Products and Services. We are offering photobooth services during the sales week. We provide 2 themes every day. For each of the products and services listed will be further detailed as following: 1. Disney (fixed theme) Disney announced a change in their photography policy, or rather a return to an old policy: non-Disney photographers will now be allowed to photograph for events. For the last five years or so, if you were getting married in the park or any photo booth session, you had to use a photographer provided by Disney Fine Art Photography. This caused problems for some peoples who either were very attached to a particular non-Disney photographer’s style or who had a bad experience with the photographer that was assigned to them by Disney. So, it’s exciting that the pool has opened back up and peoples now have more choices. Hopefully, this will lead to more in-any social events. this is information that I’ve pulled from the Disney Fairy Tale Event Facebook page. 2.Sports The idea of sports theme come up after we collaborate with the group that selling Aimst jersey. The main objective of this idea is to attract customer buy jersey and at the same time will get special offer at our photo booth. On sports theme. This theme not only attracted many customers to visit to jersey booth but at the same time attract customer to visit our photo booth. On this theme we provide a few prop such as ball, hailer and etc. 3. Paris "The Streets of Paris"...
Words: 3363 - Pages: 14
...1. 2. 3. Which strategies aim at improving internal weaknesses by taking advantage of external opportunities? a. b. c. d. e. SO WO SW ST WT 4. How many cells are in a SWOT Matrix? a. b. c. d. e. Two Four Six Eight Nine 5. What are two external dimensions of the SPACE Matrix? a. b. c. d. e. Environmental stability and industry strength Environmental stability and competitive advantage Industry strength and competitive advantage Competitive advantage and financial strength Financial strength and industry strength 6. In the SPACE analysis, what does a (+6, +3) strategy profile portray? a. b. c. d. e. A strong industry An unstable environment A stable environment A weak industry A weak financial position 7. Selling all of a company’s assets in parts for their tangible worth is called a. Joint venture. b. Divestiture. c. Concentric diversification. d. Liquidation. e. Unrelated integration 8. Which stage of the strategy-formulation framework involves the Quantitative Strategic Planning Matrix? a. b. Stage 1 Stage 2 c. d. e. Stage 3 Stage 4 Stage 5 9. 10. Which strategy should be implemented when a division is responsible for an organization’s overall poor performance? a. Backward integration b. c. b. c. Divestiture Forward integration Cost leadership Related diversification 11. What analytical tool has four quadrants based on two dimensions: competitive position and market growth? a. b. c. d. e. Competitive Profile Matrix...
Words: 4249 - Pages: 17
...The Wilson Brother For: HRM 742 Individual Assignment: 3 Date Submitted: Jan 25 2016 Our organization is set up in a relatively flat design structure, there are two side to the business, operations and sales. On the operations side we have multiples businesses that work in conjuction with each other,we on boarding local CEOs who know the market trends of that area, as well as the cultural issues. To ensure that all the financial reporting is being standardized they bring over a Canadian VP finance. But the Brother are the major plays in all the decisions down, and the levels below them are setup to execute said decisions. With the majority of sales being in Canada they split the sales into two areas, retail such as No Frills, and food service such as The Works. Then also have started developing outside businesses to feed into the company right now they have set up a deliver company to ensure that they are able ensure timely deliveries in their supply chain. With having a relatively flat design structure the company is able to implement change extremely quickly and that can give us a competitive advantage. But it also has its down side, one is motivation, as the Brothers are in the decision making business, it stops other from taking a leadership role because they know it will be done by the Brothers. The flatness also causes issues for long term employee's if there are only so many level employee's may fell that they do not have any chance to...
Words: 3723 - Pages: 15
...maStuff My Stocking M/M Romance Stories that are Nice and… Naughty Stuff My Stocking: M/M Romance Stories that are Nice and… Naughty An M/M Romance Group Publication copyright 2010 With stories by: M.J. O'Shea Brian Jackson Deanna Wadsworth Missy Welsh Jade Archer Michael S. Xara X. Xanakas Mark Alders Em Woods Rachel Haimowitz SJD Peterson Kari Gregg Kim Dare A.J. Llewellyn Serena Yates Ocotillo Jessica Freely Heinrich Xin William Cooper Wren Boudreau Selah March Sarah Madison Stephani Hecht Amy Lane Angela Benedetti edited by: Diane W. (mailto:diane.goodreads@gmail.com) Jason B. Kathy H. Stuff My Stocking: M/M Romance Stories that are Nice and… Naughty What you’ve gotten yourself into… The stories you are about to read are the product of a very special project sponsored by the Goodreads M/M Romance groupthe online community for readers who love to read about men in love (Male/Male). The group moderators issued an invitation for members to choose a photo and pen a Letter to Santa asking for a short M/M romance story inspired by the image; authors from the group were encouraged to select a letter and write an original tale. The result was an outpouring of creativity that shined a spotlight on the special bond between M/M romance writers and the people who love what they do. This book is an anthology of those letters and stories. Whether you are an avid M/M romance reader or new to the genre, you are in for a delicious treat. So sit back, relax and enjoy...
Words: 121001 - Pages: 485
...Contemporary English Dictionary defines a proverb as follows: «proverb - a short well-known statement that contains advice about life in general». According to the dictionary of V.I.Dahl, the proverb is the short, well-aimed and wise saying comprising lecture. It learns how to live right, how to treat world around, how to show your attitude towards Fatherland, relatives and friends. Vladimir Ivanovich Dahl mentioned that a saying, according to the national definition, a floret, and a proverb - a berry. Proverbs being the integral attribute of national folklore are the reflection of life of that nation they belong. The correct and pertinent use of proverbs gives unique originality and special expressiveness. Proverbs, being phraseological units with a sentence structure, represent special complexity while being translated from one language on another. In each language there are phrases and expressions which can not be taken literally even if meaning of each word is known and the grammatical design is clear. The sense of such phrase remains unclear and strange. Attempts of a literal translation of proverbs can lead to unexpected, often ridiculous results. That is the reason why the right way of proverbs translation is a big point. Therefore, on the basis of literature analysis, we realized that brightness and appeal of such genre of folklore as proverbs promoted that there is a great number of literatures devoted to the very topic. However, we chose the comparative analysis of...
Words: 7421 - Pages: 30
...Country of Asylum T. Cole Andrews Chapter 1 4 Chapter 2 11 Chapter 3 21 Chapter 4 30 Chapter 5 40 Chapter 6 53 Chapter 7 65 Chapter 8 86 Chapter 9 98 Chapter 10 107 Chapter 11 123 Chapter 12 136 Chapter 13 150 Chapter 14 167 Chapter 15 173 Chapter 16 188 Chapter 17 202 Chapter 18 216 Chapter 19 219 And among the cities which ye shall give unto the Levites there shall be six cities for refuge, which ye shall appoint for the manslayer, that he may flee thither. Numbers 35: 6 Country of Asylum Chapter 1 It was just beginning to get hot in Tikrit when I first realized I might have to kill this new man of my wife’s. It’s possible I overreacted to everything. You have to get up pretty early to call the States, if you want your privacy and you want to catch anybody awake at home; at home it’ll be sometime the night before. The desert is cool in the mornings too, or cooler, so that you’ll see the occasional soldier getting his PT in before it gets too hot, but he’s usually far enough away that you don’t have to whisper. I would watch the big black beetles fighting with each other in the dirt (they’re way bigger here than they are at home) while waiting for the call to go through. It always...
Words: 70850 - Pages: 284
...Eingereicht am: 25. Juni 2011 bei Ass.-Prof. Mag. Dr. Herbert Stocker Abstract International Trade Flows in particular Foreign Direct Investment (FDI) depend on numerous factors such socio- or political stability, environmental standards which must be met, imposed taxes or labour conditions. Measuring these effects is not as straight forward as it might seem and various studies have been conducted in this field. The following paper focuses on the pollution haven hypotheses stating that lax environmental regulations increase Foreign Direct Investment inflow since investing firms experience significant cost efficiencies and comparative advantages. The data set is mainly chosen from the World Data Bank and five explanatory variables are used to investigate their influence on FDI inflow (as percentage of GDP). During the empirical analysis a pivotal factor will be the OECD membership even if several environmental standards are controlled. We expect to see some significant determinants of FDI inflow in order to either agree or reject the pollution haven hypotheses. Contents 1 Introduction 2 The Two Hypotheses 3 Data Set 4 Econometric Model and Results 4.1 Linear Regression Model (OLS) . . . . . . . . . . . . . . . . . 4.2 Assumptions of Gauss-Markov-Theorem . . . . . . . . . . . . 4.3 Chow Test for Structural Break . . . . . . . . . . . . . . . . . 5 Conclusion A Appendix A.1 Program Code EViews . . . . . . . . . . . . . . . . . . . . . . 1 1 1 2 3 4 6 7 9 9 1 Introduction International...
Words: 3184 - Pages: 13
...Crime Causation Sharon Semien BUS303 August 9, 2011 Katina Douglas Crime Causation In 1980, an Illinois jury convicted John Wayne Gacy for killing 33 young boys and men. Sarcastically, after his conviction, the infamous killer (also known as “The Killer Clown”) said “I should have never been convicted of anything more serious than running a cemetery without a license” (Star Quotes, 2009, p. 1). Obviously, something intrusively wrong resonated in Gacy for him to make such a statement that negated the intensity of his actions. Gacy buried majority of his victims under the crawl space of his home and discarded other victims in the Des Plaines River (Bell & Bardsley, 2011). People often question what would make someone do such vicious and torturous acts on another person. Criminologists developed theories explaining the reasons people deviate from societal norms and commit immoral acts laws prohibit (Schmallenger, 2003). Particularly, in this case, John Wayne Gacy is a person suitable to study. Certainly, a few crime causation theories explain how his upbringing, life experiences, and other deep, underlying issues led him to committing crimes to the extent he did. Gacy’s Background Information Gacy was the only son of three children born to Marion and John Gacy. He had an older sister (Joanne) and younger sister (Karen). The Gacy’s were a middle-classed, Catholic family who lived on the north side of Chicago. As a young boy in middle school, Gacy kept...
Words: 2302 - Pages: 10
