results presented using merger accounting or on a "pooling of interest" basis US$-denominated group financials and dividends Transaction recommended by both Boards Effective: December 31, 1998 Transaction overview Transaction description UK Holding Company Structure Amoco shareholders exchanged their shares in Amoco for ADRs representing shares in BP Accounting/reporting Accounted for as a merger under UK GAAP (or "pooling" under US GAAP) BP to report in US dollars, under UK GAAP with supplementary
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endorsed the CERES principles in November 2000. In the 12 months that followed, the company implemented many new policies reflecting the principles, and addressed some areas that the company had traditionally overlooked. 'The endorsement of the CERES principles and the processes that will come with that step are, for Nike, an opportunity to engage important stakeholders in a broad and highly credible forum,' said a company statement. Dusty Kidd, Nike's vice president for corporate responsibility,
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portfolio beta if you keep 85 percent of your money in the old portfolio and 15 percent in a stock with a beta of 4.5? Ans – 3.31 2. PNB Industries has 20 million shares of common stock outstanding with a market price of $18.00 per share. The company also has outstanding preferred stock with a market value of 50 million, and $500,000 bonds outstanding, each with face value $1,000 and selling at 97% of par value. The cost of equity is 15%, the cost of preferred is 12% and the cost of debt is 8
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aspect of social, political, and economic activity—has become central to the environmental debate. This article considers some of the ways in which business is now developing new "win-win-win" strategies in this area to simultaneously benefit the company, its customers, and the environment. I Towards the Sustainable Corporation 91 Sustainable Strategies? Most countries are still some considerable way from genuine conversion to the cause and realities of sustainable development, let alone
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Wayne Biasetti founded Enforcer Products, Inc. in 1977. As the pesticide and home products company grew Biasetti took on two partners, Jim Biggs and Ed Brush. Briggs supervised sales and marketing while Brush oversaw administrative and financial issues. Biasetti who holds an MBA, could focus his attention in the laboratory and production side of the company. The companies 100,000 square foot warehouse, located in Emerson, Ga. housed 45 types of pesticide and home products. Zep Inc.purchased
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capital-intensive oil and gas projects; - facilitate future partnerships, combinations and other arrangements between Conoco and other entities in the oil and gas business; - allow each company to offer incentives to its employees that are more closely linked to its performance; - permit each company to focus its managerial and financial resources on the growth of its business (2) And we also believe that by controlling Conoco, DuPont will: - benefit from the cost of control, promote
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The company's basic capital budgeting approach was to accept all proposed investments with a positive net present value when discounted at the appropriate cost of capital. At issue was how the appropriate discount rate would be determined. The company was weighing two alternative approaches for determining a minimum rate of return: (1) a single cutoff rate based on the company's overall weighted average cost of capital, and (2) a system of multiple cutoff rates that reflected the risk-profit
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Dow Chemical Company, the plaintiff and another employee were fired for fighting on the company’s premises. The plaintiff sued for wrongful termination claiming he was defending himself and that the state’s public policy favoring victim compensation in cases of
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syndrome (CTS) for “years of repetitive activity such as wielding a wrench or operating a jackhammer,” (Lehrer, 2001; UNK, 2001). While investigating these claims, BNSF medical doctor required further testing of 20 employees (UNK, 2001). The medical company pulled blood for genetic testing without telling the BNSF employees what kind of test that they were performing, (Mahanna, 2001; Schafer, 2001; BNSF, 2002; Lehrer, 2001; Lewin, 2002). One employee refused to submit to the tests and BNSF threatened
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Cover page The Case Company name: Praxair, Inc. Praxair, Inc. is a large international industrial gases company. Praxair was originally founded in 1907, headquartered in Danbury, Connecticut. It was the first company in North America to commercialize cryogenically separated oxygen.The company introduced the first distribution system for liquid gas in 1917 and developed on-site gas supply in the 1940s.In the 1960s, Praxair introduced non-cryogenic means of air separation.Now days, Praxair supplies
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