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Such a communication was also made to the stock exchanges and shareholders. Subsequently the IT dept. issued a notice for payment of tax and penalty. VODAFONE’S DEFENSE In Oct.2007, Vodafone filed a writ petition with the Bombay High Court. The primary argument by Vodafone was that this is a case…

motivating factor behind this fraud was the business tactic of WorldCom's CEO, Bernie Ebbers. During1990s, Ebbers was only focused on achieving an extraordinary growth through acquisitions. By using the stock of WorldCom he was going to pay for the acquisitions. To achieve this buying extravaganza, the stock had to repeatedly increase in value. In 1998, WorldCom acquired MCI Communications, a company which was more than 2.5 times the profits of WorldCom. Ebbers' acquisition strategy mainly came…

The indicated capitalization rate for this investment based on the information provided is 8.20% indicating the value of this property to be $7,317,073 or $7,320,000 rounded. I base this conclusion on the following calculations: • The mortgage constant is .085972 calculated using the following HP-12C keystrokes: F Clx 1 PV 6 g i 20 g n PMT 12 x • The percent paid off on the mortgage after 5 years is 15.1004% calculated using the following HP-12C keystrokes: F Clx 6 g i 20 g n 1 PV PMT 5 g n FV…

Zaozhuang coal mine development has a long history, created in 1880 ZhongXing is the beginning of Zaozhuang Coal Mining Bureau. ZhongXing departmental operations for 16 years, a slim 12, out of about 2 million tons of coal. In 1895, the ban was closed. The spring of 1899, Yan Yi Cao Jibing taotai Zhang Lianfen and Zhang Shi read Bachelor Yiding cabinet meeting, ZhongXing joint rectification Bureau, Guan Yi County Bureau of commercial office complex, named Shandong Huade Yi County Zhongxing…

management environment in place in hope to gain more profit from the positive market movement. When the trading was done at the start, Mr Chen Juilin the managing director and CEO of the company, was able to foresee the market condition hence allowing him to profit from there. As time passes Mr Chen thought he understood the market well enough and he moved on to making several speculative contracts with the bank, when the market movements did not…

In Julie Jargon and Jesse Newman’s article, “Fresh Ingredients Came Back to Haunt Chipotle”, the authors discuss how Chipotle is phasing their way out of a major decline in their company. Chipotle is a chain currently suffering due to heath safety issues, and because of this, their sales have dramatically fallen. Chipotle was once a leading company as the article notes: “Steve Ellis built Chipotle Mexican Grill Inc. into a restaurant-industry leader by playing offense, brashly touting fresher…

Bernie Madoff was a master at impression management or social engineering. According to psychiatrists impression management has three goals. Ingratiation, this means to convey displaying certain positive emotions such as happiness to mimic good will. Intimidation to strike fear into the hearts of the people you want to fool, and supplication to get others to be helpful. These 3 qualities describe Bernie Madoff to a tea. All these characteristics work together to fool your victim into perceiving…

1.1 Overview of “The world is flat” by Thomas. L. Friedman Friedman has divided the globalization history into three important parts as Globalization 1.0(1492-1800), Globalization 2.0 (1800-2000) and Globalization 3.0 (2000 onwards) where the world shrank from large to medium (country globalization), medium to small (companies globalization) and small to tiny (individual globalization) respectively. The author has stated the 10 factors that have played a crucial role in flattening the world as…

KPMG is one among the Big Four. The latter designates the four largest financial audit groups worldwide that are Deloitte, Ernst & Young, PricewaterhouseCoopers and KPMG. In fact, the company's name stands for Klynveld Peat Marwick Goerdeler which is a merger between two auditor companies Klynveld Main Goerdeler and Peat Marwick. Actually KPMG is operating in 152 countries. Each national firm is an independent entity that is part of the universal KPMG network and so member of the KPMG…

and gas equipment services provider National Oilwell Varco (NOV) has declined to its 52-week lows after losing half of its value on the stock market this year. Now, while it is a given that companies related to the oil patch will see weakness in their stock price, I think that the market has been too harsh on National Oilwell. This is because despite the end-market challenges, the company has managed to beat bottom-line estimates in each of the last four quarters. A weak rig count has weighed…