acc

Comments on the SEC’s Proposed Rule titled “Strengthening the Commission’s Requirements Regarding Auditor Independence”

by

Comments on the SEC’s Proposed Rule titled “Strengthening the Commission’s Requirements Regarding Auditor Independence” are available here: https://www.sec.gov/rules/proposed/s74902.shtmlLinks to an external site. You can see comments by various firms, groups, and individuals, including each of the Big 4, the second-tier and other audit firms.  Read the submissions of  (a) Deloitte  (b) Ernst & Young (c) … Read more

Moonstay Corporation

by

Please, answer questions #1 and #2 only. I attached the whole assignment but only need answer for question #1 and #2. I also attached the book so you can use it as reference (The Scheutze speech is at p. 226 of the text).

Short answer question

by

  What is the difference between stock price maximization and profit maximization? Under what conditions might profit maximization not lead to stock price maximization? HighTech Wireless just published its current income statement, which shows net income equal to $240,000. The statement also shows that operating expenses were $500,000 before including depreciation, depreciation was $100,000, and … Read more

Starbucks

by

  https://hbr.org/2019/09/starbucks-ceo-kevin-johnson-on-work-joy-and-yes-coffee https://hbr.org/2010/07/the-hbr-interview-we-had-to-own-the-mistakes https://www.cbsnews.com/news/starbucks-ceo-retiring-kevin-johnson-howard-schultz-returns/ How did Starbucks create its uniqueness in the first place? Why was the uniqueness so successful? To be a source of competitive advantage over time, core competencies need to be continuously honed and upgraded. Why and how did Starbucks lose its uniqueness and struggle in the mid-2000s? What strategic initiatives did … Read more

excel

by

   You have been hired as an intern to help Ingrid Theobald, the owner of Ingrid’s Instrument Rentals, evaluate how her business is going by using an Excel workbook. Ingrid has created a simple workbook with four worksheets, one for each school to which she rents instruments. She wants to know how much she is … Read more

Discussion and 2 replies

by

NuComp Company operates in a state where corporate taxes and workers’ compensation insurance rates have recently doubled. NuComp’s president has just assigned you the task of preparing an economic analysis and making a recommendation relative to moving the entire operation to Missouri. The president is slightly in favor of such a move because Missouri is … Read more

Discussion and 2 replies

by

Jumbo Airlines operates out of three main “hub” airports in the United States. Recently, Econo Airlines began operating a flight from Reno, Nevada, into Jumbo’s Metropolis hub for $190. Jumbo Airlines offers a price of $425 for the same route. The management of Jumbo is not happy about Econo invading its turf. In fact, Jumbo … Read more

Discussion and 2 replies

by

Blake Romney became chief executive officer of Peters Inc. 2 years ago. At the time, the company was reporting lagging profits, and Blake was brought in to “stir things up.” The company has three divisions: electronics, fiber optics, and plumbing supplies. Blake has no interest in plumbing supplies, and one of the first things he … Read more

Discussion and 2 replies

by

R. B. Dillman Company manufactures a high-tech component used in Bluetooth speakers that passes through two production processing departments, Molding and Assembly. Department managers are partially compensated on the basis of units of product completed and transferred out relative to units of product put into production. This was intended as encouragement to be efficient and … Read more