The pair pulled out their flashlights and scanned the room. The dust particles looked like billions of tiny, carefree insects, and barely any light shone through the boarded-up windows and moldy ceiling. The reception desk was in shambles, and the drapes were littered with holes from…
Days in inventory = Inventory / (Cost of goods sold÷365 days) = $89,562 / ($466,562÷365 days) = $89,562 / 1,278.25 = 70.07 ≈ 70 days Days sales outstanding = Accounts receivable / (Annual credit sales÷365 days) = $56,753 / (727,679÷365 days) = $56,753 / 1,993.64 = 28.47 ≈ 28 days Days in payables = Accounts payable /…
To: File From: Cesar Chiong Date: December 3, 2015 Re: The tax consequences of the proposed liquidation Facts Wheeler Electrical Supplies, Inc., is an accrual basis, and a calendar year C Corporation, has been in the business since 1983, in Texas. Wheeler Electrical has four individuals shareholders, Brian and Ashely Clay and their daughters Angela and Kristin, all of them possess the same numbers of share in wheeler’s incorporation qualified as §1244 stock. Angela purchased the 300 outstanding shares of the others for a nominal total price of $1,000 because the company is not doing well and they do not want to be part of it anymore.…
A-1 All American Roofing Company Inc. is a full-service roof contracting company that is located in Carson, California. A- 1 All American Roofing Company Inc. was established in 1992. A-1 All American Roofing Company Inc. specializes in residential roofing, commercial roofing, and industrial roofing. Their residential roofing services include roof repairs, re-roofs, re-covers, and new roofs.…
The first Smokey Bones opened in Orlando, Florida in 1999. Since then Smokey Bones has had an extensive history including changing owners, expanding the restaurants, and evolving the menu. Smokey Bones Bar and Grill is known as a casual, dining restaurant that specializes in barbecue and sports entertainment. The goal of Smokey Bones is to be the favorite choice for food, drinks, and fun. They aim to provide good food and drinks in a great atmosphere as the appeal for their guests.…
The first of the four required sections that I read was titled, “Making the Dirt Fly”. This particular section outlined a few of the many obstacles that engineers and laborers faced throughout their endeavor to make way for the Panama Canal. Torrents of rain, mudslides, and the terrain’s apparent resistance of such alterations engulfed equipment and thwarted months worth of progress. Despite these naturally occurring interferences, American equipment was fundamental to this astonishing accomplishment. These efficienct and well-made machines could produce results that would otherwise take fifty men to complete.…
1. The first inherent risk of expanding their new third berth considered at a high level in the acquisition and payment cycle. The business made significant expansion of operations can increase a breakdown risk in controls and strain controls based on the ASA 315 Appendix 1 paragraph 4. Therefore, the control risk might be considered in high level.…
Commercials have many ways to capture their audience’s attention. Bridgestone Tires was able to convey many messages though the commercial. They used many techniques that really tempt the audience to buy and to continue to buy their products. They target almost everyone who owns a car, who has a heart for animals and to those who love humor. Bridgestone Tires has many ways that they appeal to viewers in this particular commercial.…
The American Gem Society (AGS) is pleased to announce a unique mentoring program designed to foster professional growth and personal development for the membership. The program provides an opportunity for experienced members of the AGS to give back and assist in the professional development of other members. It gives those being mentored the chance to build their professional network, define career goals and overcome obstacles in obtaining those goals. As every mentoring relationship is unique and may take on different forms, the AGS has created resources to help guide participants through the process.…
“We wait. We hope. We pray. Until you’re home again,” a quote given by Oprah Winfrey, introducing the commercial entitled, “Whole Again.” This commercial was aired by Jeep in 2013 during the SuperBowl XLVII, at which time America had been at war for the previous 12 years.…
Realizing the potential of the spice trade, the journey to find the quickest route to the “Spice Islands” was off to a go and the British, Dutch, and Portuguese were off to the races. Similarly to the British, Hollands government encouraged rival merchant companies to unify in order to create a government-run monopoly. Their only goal: to make money. With a stable financial backing and a stronger fleet, the Dutch quickly rose to power in the Asian trade market and was considered the first truly transnational corporation. Sparked by the emerging spice trade in the East Indies during the 17th and 18th century, the Dutch East India Company, also known as the VOC, reformed and took control over the Indonesian archipelago, exploiting the indigenous…
Pricing Comparing Japan’s purchasing power with the United States, Sherwin Williams will use the Big Mac Index. As of July 2017, the price of purchasing one Big Mac in Japan is 380.00 JPY or in US dollars, 3.36 USD. The average price for one Big Mac is 5.30 USD in the US. The price of Emerald paints can range from 80 USD to 90 USD in the US.…
Conclusions and Recommendations: Pacific Grove Spice Company is currently unable to comply with the bank's requirements with their current financial performance. However, Pacific should choose a few options to meet these requirements: first, they should acquire High Country Seasonings for $13.2 million since this is well below the $18 million book value of their equity, and the total value of the company would increase from the financial statements' consolidation. In addition, Pacific should issue 400,000 new shares of common stock to the investment group to have money for funding the cooking television show. By financing the production and sponsorship of the show, Pacific will be able to meet the bank's regulations and reduce its total debt to less than 55% of its total assets and also reduce the equity multiplier to 2.5.…
Corporate Level Strategy and Business-Level Strategy, Tesla Motors is a company that has known how to well penetrate in the car industry and in the market. According to Liu, Kang, Wu, Chen & Hon “Tesla is pursuing market penetration strategy and related constrained. Tesla intends to enhance their influence on the current markets with their current products. They also market their electric powertrain components to other automakers (2014).” Tesla is really focusing on working on market penetration and all related to it, so the company wants to penetrate in the market using their current products and offering tis product to other car companies.…
Product Life Cycle With intense global competition companies are constantly trying to keep up with the growing market. They do this by promoting and developing new products continuously. Every product that has been developed and entered the market has a product life cycle. This cycle represents where exactly the product stands within the market.…