QUESTION CEO Change changes occurred at the CEO level during the 2020-2022 fiscal seasons. With new leadership comes change opportunities and change challenges. Disney – From Chapek to Iger Describe the challenges of the organization and the changes needed. Assess how the changes might impact customers, employees, and investors. Selecting from Ackerman & Anderson’s roadmap for change, Cummings and Worley’s five dimensions of leading and […]

QUESTION OSHA. From January 8-10, 2003, the New York Times ran a three-part series on massive occupational safety and health violations at facilities owned by McWane, Inc. The company, based in Birmingham, Alabama, is a large and profitable operator of foundries. The series tells the story of corporate indifference to a horrific record of employee injuries and deaths. What does the McWane saga tell us […]

QUESTION Inventory Management Williams & Sons last year reported sales of $11 million, cost of goods sold (COGS) of $8 million, and an inventory turnover ratio of 4. The company is now adopting a new inventory system. If the new system is able to reduce the firm’s inventory level and increase the firm’s inventory turnover ratio to 8 while maintaining the same level of sales […]

QUESTION Your firm has been hired to develop new software for the​ university’s class registration system. Under the​ contract, you will receive $500,000 as an upfront payment. You expect the development costs to be $447,000 per year for the next 3 years. Once the new system is in​ place, you will receive a final payment of $ 881,000 from the university 4 years from now. […]

QUESTION Locate the income statement of three companies in different industries, such as an airline, discount retailer, restaurant, auto manufacturer, etc. Calculate at least three profitability ratios for each company, such as gross profit margin, net profit margin, return on assets, or operating profit margin. Discuss the differences you find between industries and why you think those differences exist. ANSWER Comparative Analysis of Profitability Ratios […]

QUESTION “Nana Korobi Ya Oki” (Japanese) “Fall seven times, get up eight!” If you fall down 100 times, is that 100 traumas or is that 100 lessons? How can you pivot? You must learn the lesson, or you will have to repeat it until you learn it? Wisdom is not just knowing what to do, but, also, knowing what not to do? ANSWER The Resilience […]

QUESTION In each of the following cases, compute the corporation’s regular tax, average tax rate and marginal tax rate: Use 2017 tax rate schedule if needed. Required: Silva Corporation has $160,000 taxable income for its tax year ended December 31, 2017. Goyal Corporation has $160,000 taxable income for its tax year ended December 31, 2018. Carver Corporation has $160,000 taxable income for its tax year […]

QUESTION In each of the following cases, compute the corporation’s regular tax, average tax rate and marginal tax rate: Use 2017 tax rate schedule if needed. Required: Silva Corporation has $160,000 taxable income for its tax year ended December 31, 2017. Goyal Corporation has $160,000 taxable income for its tax year ended December 31, 2018. Carver Corporation has $160,000 taxable income for its tax year […]

QUESTION Carrefour, since it started in The problem of Carrefour is that there are restrictions in building hypermarkets with political barriers. It is difficult to achieve its regular pace of expansion, two new construction per year in France, and the success of Carrefour led to further competition in France. Competition against large retailers outside France is much harder than domestic competition. Carrefour’s Strategy 1960s~1970s: two […]

QUESTION the controller of Proust Company has completed draft financial statements for the year just ended and is reviewing them with the president. As part of the review, he has summarized an aging schedule showing the basis of estimating uncollectible accounts using the following percentages: 0-30 days, 5%; 31-60 days, 10%; 61-90 days, 30%; 91-120 days, 50%; and over 120 days, 80%. the president of […]