B2 GRAND RAPIDS BUSINESS JOURNAL • APRIL 11,2005 SOX 404 Compliance: Costs Vs. Benefits By Anne Bond Emrich GRAND RAPIDS — For many public companies, compliance with Section 404 of the Sarbanes-Oxley Act has been a timeconsuming and expensive endeavor. Section 404 mandates that public companies evaluate and annually report on the effectiveness of their internal controls over financial reporting and that an independent auditor substantiate the effectiveness. It's intended to strengthen corporate
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and developing animals to be sold to a third party because it is believed that internally processed pork products will be able to cover the costs of live hogs and developing animals to be processed internally. Question: How should the Company determine whether an inventory impairment exists at September 30, 2002? More specifically, how should management evaluate impairment? Response: ASC 330-10-35-2 states that, “in accounting for inventories, a loss shall be recognized whenever the utility
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Agency Costs (Fama and Jensen 1983) Contracting problem or principal/agent problem. Agent is person tasked to do something on behalf of the principal. Jensen and Meckling (1976) Definition: “ We define an agency relationship as a contract under which one or more persons (the principal(s)) engage another person (the agent) to perform some service on their behalf, this involves delegating some decision making authority to the agent”. Examples: Patient – Doctor (delegate authority to doctor
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and | |unexplored market segments include Off Road/Dual Purpose, Cruiser and Touring (Exhibit 5 – page 17) |speed., and preferred by many American riders. = this design will definitely not cater to European and Asian | |Ducati’s Fixed Sales Cost in 2000 is 3 times as that of HD (14.5Million vs. 5million). |customers. | |EBITDA – is a measure of a company’s cash flow before certain
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Kathmandu University School of Management | Entrepreneurship and Innovation | Zipcar: Redefining the business model | | | 3/29/2015 | Submitted to, Prof. Rupesh Krishna Shrestha | Submitted by, (Group 6) Niraj Ghimire (14313) Amit Pathak (14325) Subigya Regmi (14327) Prajwal Sagar Shrestha (14332) Synopsis: Zipcar is a start-up organized around the idea of "sharing" car usage via a membership organization. This case describes several variations of the Zipcar business model along with
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recently opened a store in the community. The result has been a rise in costs, a drop in prices and a smaller market share for the smaller company. Navallez, Guillermo’s owner, has explored a number of options for dealing with these challenges. Unwilling to merge with another company, he is left with three remaining options: investing in expensive new technology – in the form of a laser lathe – in order to reduce production costs, choosing to represent a Norwegian furniture manufacturer or focusing
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Dial ‘M’ FOR MARINA [Type the document subtitle] 10/23/2013 Submitted By: Rajat Kumar(FT14355) Rishi(FT14361) Varun Dubey(Ft14394) a) We calculate the total costs per km for 100 vehicles of Marina Vehicles Maintenance Costs | cost / unit | Distance | | | 2000 | 2500 | 3000 | oil filter | 300 | 60 | 75 | 90 | lubricants | 200 | 160 | 200 | 240 | coolant | 300 | 120 | 150 | 180 | grease | 200 | 20 | 25 | 30 | spares | 500 | 100 | 125 | 150 | service charge
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motivations of the customers are understood, it will be much easier to develop positive marketing programs which are both effective and cost efficient. If a business does not know their customers, it is time that they learn about them. Get to know what triggers their visit. Get to know what they think about the inside, the outside, the employees, and the management. Understand that the entire customer area, as well as the customer-visible areas. Items as small as table tents or table stands, successful
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Shelby Fife Management 3001 DeNardin February 8, 2015 Is Walmart good for America? Most everyone loves Walmart’s low prices. Walmart Super Centers are great for one stop shopping. A place that offers low prices must be a great place right? Maybe it isn’t such a great place. Low prices come at a cost to America. I do not think that Walmart good for America. Walmart purchases a lot of products from China, which furthers America’s trade deficit. Walmart contributes to the downfall of American
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with providing health care to your employees’ children so that you make advised decisions on the same. This study was done to assess the effect of three main areas as illustrated below. • The cost benefit analysis of adding employees childcare to Fake Name’s benefit program • The initial cost of initiating this program • The types of coverage alternatives that is available in the market and those that are most attractive to employees. For the purpose of this study, we performed both
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