* Question 1 2 out of 2 points | | | Which of the following statements is CORRECT? | | | | | | | Correct Answer: | Sole proprietorships and partnerships generally have a tax advantage over many corporations, especially large ones. | | | | | * Question 2 0 out of 2 points | | | Which of the following statements is CORRECT? | | | | | | | Correct Answer: | One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability. | | | | | * Question 3 0 out of 2 points | | | You recently sold 100 shares of your new company, XYZ Corporation, to your brother at a family reunion.
Next instead of promoting from within, they searched for new blood and hired former Barney’s CEO Allen Questrom. Penney went on to sell one it’s direct marketing unit to raise capital to reduce debt. They restructured the company to focus on its struggling department stores, cutting employees and closing down many stores. By September 29, 2003, the culmination of CalPERS active investment in Penney, JC Penney seemed to right the ship and was able to streamline operations to be more efficient and profitable. Chronology of Events 2/22/00: CalPERS identifies 10 underperforming companies that will serve as their primary focus for corporate governance activism for the 2000 proxy season.
Cardon carpet Mills, Inc. Case analysis Xinyu Kang i. Executive Summary In early July 2000, the possibility of establishing own distribution centers or wholesale operation was raised in Cardon Carpet Mills, Inc. Thus, Suzanne Goldman, the special assistant to the president of Cardon Carpet Mills, Inc. was given a task to prepare a position paper for the president. The company’s policy is to finance programs from internal funds except for capital expansion. In late September 2000, just as Goldman was about o draft her position paper for Robert Meadows, she received some stresses from their long-time co-operated wholesalers who threatened a mass exodus from Cardon Carpet Mills once the first company warehouse operation was opened.
Business Research Misrepresentation In the court case United States v. Dokich, case No. 08-2850, appealed and sustained on July 21, 2010, Melvin Dokich defrauded many investors for millions. Dokich sold stock for a fraudulent company named Efoora Incorporated. Efoora made claims of conducting research for developing diagnostic tests for HIV, mad-cow disease, and blood glucose levels. Efoora’s claims of research and testing was feloniously supported, and staged, by inviting potential investors and customers to Efoora’s headquarters in Buffalo Grove, Illinois.
Unlimited access to bailout funds through 2012. So far, Treasury has provided $60 billion of capital to Fannie and $51 billion to Freddie. Some Republicans are angry the administration is expanding the potential size of the bailout without having a plan for eventually ending the federal government's role in the companies. The companies disclosed new packages that will pay Fannie Chief Executive Officer and Freddie CEO as much as $6 million a year, including bonuses. The pay deals also drew fire.
The chain was officially named Rite Aid Corporation in 1968 and made its debut on the American Stock Exchange. It moved to the New York Stock Exchange in 1970. In 2011, Rite Aid was ranked #100 on Fortune 500 Largest U.S. Corporations The Scandal: The Securities and Exchange Commission filed accounting fraud charges against several former senior executives of Rite Aid Corp. in June, 2002. The U. S. Attorney for the Middle District of Pennsylvania
Started in New York in 1837 with main business as retailer, designer and distributor of luxury boods. The key products are jewerly and diamond with the iconic blue box. In 1979, Tiffany & Co was purchased by Avon which has different target market. Avon expanded Tiffany’s product line. It successfully increased sales but expenses increased significantly as well.
Jarrard wrote up the store’s preopening financial transactions in journal form to serve as an example (Exhibit 1). Thompson agreed to write up the remainder of the store’s September financial transactions for Jarrard’s later review. EXHIBIT 1: General Journal At the end of September, Thompson had the following items to record: Questions 1. Explain the events that probably gave rise to journal entries 1 through 8 of Exhibit 1. 1) A loan was taken out to help with the reopening of the store, capital (cash) is increased.
In the year 1930, UPS extended its reach to the East Coast when it began consolidating the deliveries of several large department stores in New York City and Newark, New Jersey. In 1929 they became the first package
Hult INTERNATIONAL BUSINESS SCHOOL sTRATEGY: TEAM PAPER | Strategy Project: “Cruise Line Industry” | Mt. Tamalpais Team Three | Ramil Ablaev Emily Bonnell | Lingfang Chen | Antonio Modestini Tadashi Soga | Sanchit Talwar D Due : Wednesday, April 13th, 2011 | | | | Table of Contents 1. Industry Overview……………………………………………………………..p.3 1.1 Industry Size………………………………………………………………..p.3 1.2 Industry Growth Prospect………………………………………………...p.4 1.3 Industry Profitability……………………………………………………....p.4 2. Michael Porter’s Five Forces Analysis..............................................................p.5 2.1 Supplier Power……………………………………………………………..p.5 2.2 Buyer Power………………………………………………………………..p.6 2.3 Threat of New Entries..................................................................................p.7 2.4 Threat of Substitutes.....................................................................................p.8 2.5 Rivalry among Established Competitors………………………………....p.8 2.6 Significant Industry Structural Changes..................................................p.10 3. Leading Company.............................................................................................p.10 4.