BUSINESS CASE
Presented to the
Accountancy Department
De La Salle University
In partial fulfillment
Of the course requirements
In ACCTBA1 C39
Zapata, Kevin Bryan Z.
June 27, 2014
The date is November 12, 2013. You are the owner-manager of AZTEC Software- a single proprietorship owned company that is currently in financial difficulty. AZTEC needs a new large bank loans if it is to survive. You have been negotiating with several banks, but each has asked to see your 2013 financial statements which will be dated December 31, 2013. These statements will, of course, be audited. You are contemplating on what to do and now you intend to do the following to solve the situation.
“I am planning to buy Mega Software Co. for
…show more content…
It is unethical to make a window dressing, meaning make a deceptively showing of debt to get favorable impressions, at the end a debt is always a debt. I am obligated to pay and settle my debts. In business, integrity and trust are vital elements for you to stay and survive. Character is very essential.
“I owe Apple Programming P400,000 due in 90 days. I know some people at Apple. If I were to sign a note payable and pay them 12 percent interest, they’d let me postpone this debt for a year or more.” If we will compute 12% interest of P400,000 that is about P48,000 which is quite a big amount that could help a lot for our operational expense considering Aztec is in financial difficulty. It can augment its expenses if you could turn interest expense to savings. Looking for a means or way to settle it early than its due date to avoid interest expense and penalties is much better. Scouting for banks who could give me lower interest rates, easy terms and requirements that could buy out my existing loans with higher interest rates is the best way to save.
“I own land that cost P500,000 but today is worth at least P2 million. I will show it at P2 million in my company’s statement of financial position, and that will increase my company’s total assets and owner’s equity by P1.5 million.” Real property is an asset and could help increase your owner’s equity/net worth. Since I am applying for a loan from a bank, collateral is usually required to
As a member of management Clive Jenkins is responsible for boosting employee morale to ensure that company goals are met
A competitive strength assessment reveals that Apple’s success is unmatched. They have been able to maintain the leading industry position while developing and introducing new products. Stock price is continuously rising and products are always improving. The current products are improved with software updates and new products are improved by
The last alternative for estimating fixed expenses brings the total to $4,064,000.00, which will generate a small Net Profit of $1,085,320.00. Although expanding Strike Roach Ender to 19 cities can be profitable, the potential losses Zoecon could take from an effective advertising and promotion strategy for this venture far exceed the potential rewards. The $4,064,000.00 would not be sufficient enough advertising to gain a significant market share in all 19 cities over a substantial amount of time. The general “rule of thumb” approach is more accurately what would be spent for the new Strike Roach Ender product, in which case a major loss would be taken, making this venture not financially feasible.
Confidentiality at workplace is important because it shows that there is trust between yourself and your colleagues. At the beginning of your employment you will sign a contract of confidentiality to make sure what is said in the office doesn’t leave the office. Also it is part of the database protection act. The benefits of confidentiality are that you know whatever is said within the office environment treated with the strictest confidence and also it means you are able to have a level of trust within the office and also with your colleague.
The company has an agreement with a bank that allows the company to borrow the exact amount needed at the beginning of each month. The interest rate on these loans is 1% per month and for simplicity we will assume that interest is not compounded. At the end of the quarter, the company will pay the bank all of the accrued interest on the loan and as much of the loan as possible while still retaining at least $50,000 in cash.
reliable evidence, the confirmation process is subject to the risk of interception and alteration of
Target Corporation uses an interesting capital-budgeting system. Projects are proposed using Capital Project Requests (CPRs) and must be approved before money can be spent. The level of approval needed depends on the amount being requested. For projects requiring less than $100K, lower management can approve, but anything above this amount goes to the Capital Expenditure Committee (CEC) which is comprised of 5 executive officers. For projects requiring greater than $50 million, the Board of Directors must approve.
We have to pay especial attention to the agreement reached with the former Co-owner of the company, Mr. Verden. This agreement is affecting the cash flow of the company since the interest expenses raises by around $12,000.00 more per year, this together the financial interest of the Metropolitan’s Bank loan
Answer: In our judgement, PepsiCo did not have a moral obligation to divest itself of all its Burmese assets. The reason being:
Tesla Motors Inc. is an American public company which is known worldwide because of its experience in designing, manufacturing and also the selling of electric cars and electric components for vehicles. The motor was started back in the year 2003 in San Carlos, California in the United States (Teslamotors.com, 2014). The company had its headquarters in Palo Alto and at the time of its inception, Elon Musk was its chief executive officer (CEO) (Hunger, 2010).
1.What do McRae and Costa mean by introversion and extraversion? Is Subira introverted or extraverted? Find examples in the case to support your answer.
I cited sources of information (e.g., data, ideas, charts, etc.) and used this material to support this document.
It would also be in the best interest of the staff and faculty if they were involved in promoting a “team concept” by soliciting feedback down to the lowest level in the evaluation of newly implemented systems.
Moreover, this further supports our recommendation for Atlantic to proceed with this acquisition as it will obtain one of the best mills for a cheap initial cost ($319m compared to the construction cost of $750m).
Have you ever had a colonoscopy or endoscopy – where they take a camera and look through your mouth down into your stomach; or a camera that goes in your rectum that looks through your bowel and intestines?