Ratio decidendi

In 1999, Richard Scrushy overstated HealthSouth’s earnings by at least $1.4 billion in order exceed the expectations of Wall Street earnings. During this time investors and lenders were more concerned with revenue than profits. Generally Accepted Accounting Principles (GAAP), stated if policies and procedures were not violated then they are considered legal, and ethically adequate. This allowed HealthSouth to meet expectations of analyst for 40 consecutive quarters, by using creative and…

In 1857 “a third son of William, Thomas Shields Bisland purchased Fairfax Plantation, located in St. Mary Parish from Joshua Baker” … the father-in-law of Thomas’ brother, William Alexander Bisland. “Baker, who served a brief term as a military governor of Louisiana in 1868, played an important role in the maintenance of the Bisland plantations during the war.” Scarborough speculates his appointment as a Unionist Governor during Reconstruction helped to keep Hope Farm and Aragon as working…

America: Riveting Prospects, the article written by Ed Crooks, discusses the issues within the United States lack of exporting goods. He briefly touches on five reasons why our economy is not quick to jump at the opportunity that trade can bring. Here within I will discuss those five areas along with my opinion on international commerce. 1. The United States are not custom to selling internationally. Mr. Crooks speaks about there only being 1% of goods exported to other countries at the time…

The overall attractiveness of the industry is moderate. As a whole, the audio entertainment industry provides hundreds of thousands of jobs directly and indirectly. As a consumer, the attractiveness of this industry is high. The consumer has the ability to choose between the programming of AM/FM, internet, and satellite radio, based on their likes and dislikes, vis-a-vi payed programming versus commercial programming. The attractiveness remains high on the part of the consumer due to their…

C. Each for-profit corporation’s objective is to grow, increase revenues and expand its business. Groupon has shown a significant growth by performing mergers and acquisitions to expand the business; however, it has not been successful in maintaining a healthy financial position from a bottom line perspective. Although, the company has shown an increase is revenues in the four-year consolidated income statement (statement of operations exhibit 4), it has failed to generate profits each year…

According to Marisa Warford, “switching from a traditional leave program (sick time and vacation) to a paid-time-off system can have multiply advantageous for employees” (2014, para. 1). For instance, employees can use their PTO for taking a vacation, going to doctor appointments, for a sick leave, or for personal days off from work. Another reason why having a PTO system in effect, is that it can make a significant difference in the amount of unscheduled absence (Warford, 2014). In other words,…

b. When measuring the resistance value with the Avo 8, possible reasons for varience include a parallax error (not looking at the reading from directly above the meter), a reading error due to less divisions when measuring resistance, or the device not being properly zeroed. When measuring current, there are also fewer division, parallax is still a potential issue, and finally, incorrect zeroing of the meter. Voltage has an additional error, the loading of the meter itself. Alongside this issue,…

The current ratio for Costco is at 0.99 for the year 2015. The current assets for Costco are $17,317. The current liabilities for Costco are $17,495. The current ratio for Kroger is 0.873 for this year. The current ratio for Kroger has been back on the rise. The company’s ability to pay short-term debts and other current liabilities speaks volume. The ratio helps a company ability to remain solvent. The current ratio are not balanced out because they both tend to…

The main goal of PLOAX is to provide long-term capital appreciation to its investors. This fund invest mainly in stock that is almost entirely in small-cap companies. Small-cap stock tends to be more volatile so this stock has an unusually high turnover rate resulting in higher fees. PLOAX has an expense fee of 1.2%, which is below the average, PLOAX is also a up front loaded fund with a sales fee of 5.5%, which is average for this type of fund. The type of stocks PLOAX invested in usually…

The financial performance of MBS is not in a good shape at the time of 2011. The sales revenue peaked in 2007 and has been sliding since then. In 2011, the adjusted gross profit from MBS sales only takes up 1/8 of donations amount. Berger and Symons have been constantly optimizing their product structure and distribution channels, the problems like low-quality and high costs are still bothering MBS. Berger proved his ability when putting all his efforts into MBS, their revenue skyrocketed over…