Columbus Business Daily

For what sum are you ready to buy e-book if to you promise a management on earnings in the Internet? For what sum are you ready to buy e-book if to you promise a management on earnings in the Internet $8000-9000 in a month?

Tell how management compensation relates to earnings management?

Accounting Earnings Management Example? I asked this question before, and no one addressed my actual question. What are company that used "earnings management," aka questionable practices, that may or may not have violated GAAP, and how did they do this? Also, this part is important, I DONT want enron or worldcom or anything that is going down right now. I know there are examples out there, I'm just having trouble finding them. Thanks!

What is "earnings management"? What accounts may provide the greatest opportunity for the company's management to manage earnings? (Hint: Explain your understanding of the term "earnings management")

characteristics of earnings management from good, no consequence to bad.? when and how earnings management constitute financial fraud

If a company’s management believes they have reported earnings in a meaningful way, why can the SEC force them? What you think?

I work in retail management as an assistant manager. can you tell me if my earnings are right please? I work in a food store that is taking approx £120,000 once you minus the non-profit making extras. My salary is £22,500. Can you tell me if this is about right, too high, or too low? I'd be interested to see how it compares with others. many thanks in advance.

Examples of companies involve in earning management? Could anyone please give me examples of companies that are suspected of earnings management or found to have engaged in earnings management? I have to obtain an article or newspaper discussion of earning management by a company. Thanks

Butler, Inc.'s return on equity is 17% and management retains 75% of earnings for investment purposes...? Butler, Inc.'s return on equity is 17% and management retains 75% of earnings for investment purposes. Based on this information, what will be the firm's growth rate? 4.25% 22.67% 44.12% 12.75%

What is the primary goal of financial management? What is the primary goal of financial management? Question 31 answers Increased earnings Maximizing cash flow Maximizing shareholder wealth Minimizing risk of the firm

Before I invest in stock in a company, where can I learn how good (or bad) their management team is? The price of a stock is determined largely by the present and future earnings per share, which, in turn, are determined by the knowledge and skills of their management team.

How would an economist under the Austrian school of thought/Libertarian respond? What would be a typical response for economists under the Austrian school of thought regarding Enron (creative accounting/earnings management ), Bernie Madoff (Ponzi Scheme), and risky OTC derivatives. I mean would one argue for or against government regulation in these areas in order to prevent them? Would they approach it in a way similar to what a typical Keynesian might do (i.e. more regulation/government imposed fiscal loan (bailout), etc.) or not?

what's the difference between being in health information management and being a health information technician? in the case of what they do, yearly earnings, hours, etc

Shall i go for Hospital management course? any institute? Hi, I am indian, in medical field, earning 25K. Plz anybody tell me if it is wise to switch my profession to Hospital management field. what could be the possible earnings and prospects? what are the institutes who provide such course "Hospital management" In DELHI.

Is it better to pay 5% sales commission up front or pay a 1% portfolio value management fee? I want the expertise of a financial advisor -- I don't want to be a day trader -- but don't like paying 5% up front. My Ameriprise advisor offered another option. If I invest 100k or more with them, I can open a brokerage account which eliminate all fees, the 5% sales commission. Instead we pay just 1% of the portfolio's value annually. I like this because he has an ongoing earnings incentive instead of making all his money up front. However, I dislike this because we're paying 1% on the *whole* portfolio amount each year, not just the earnings on the funds/stocks he's sold us. And there's no incentive to grow the acct b/c he makes money on the total portfolio balance, not on the earnings. It could lose money every year and he'd still collect 1% of the balance. Please no "you can do your own investing" responses. I want to turn it over to someone who does this for a living.

I am self employed. If i overestimate my earnings am i still required to pay the estimated taxes? I might take a management position, which will cut my untaxed income by about 50% I don't want to get stuck with a $2000 quarterly payment

health care management what to do after bachelors degree? is it necessary to have more education? other degrees or will i need mba to increase earnings.

Define income smoothing and explain how it is implemented.? Research has shown that numerous companies manage their earnings. A variety of earnings management techniques are available ranging from income smoothing to outright fraud.

Amazon Associates Content Management System (CMS), worth the effort? I am interested in hearing from anyone that may have or does work with the amazon associates program. My question is in two parts; a) Does it work for you financially? What 'kind' of earnings do you make from it and on what product categories? b) What content management system do you use? Why did you choose that one? Many thanks for your suggestions.

Would like to do CIMA Management Accountancy qualification part time online to boost earning potential. Is...? this possible, what is the best way to go about it, can you recommend a company to do it with, how long would it take and what would be realistic earnings potential please?

Hotel Management or Accounting? I am in my second year in college but am not sure whether I want to major in Hospitality Management (I'm thinking more along the lines of Hotel Management, but wouldn't limit myself to that) or Accounting. Which would be the smartest field to enter in terms of job satisfaction, stress level, earnings, schedule, etc? I really appreciate any answers. Thank you!

Can anyone help me with the acctg. question? Question: Yuor manager instructs you to record 2002 sales in 2001. You're told this adjustment is fine, since it will correct itslef by the end of 2002. Is this practice considered fraudulent? Why or why not? Possible answers: a) No, because it will correct itself b) No, because it's considered earnings management c) Yes, because net earnings will be incorrect for two years, thus misleading investors. I am leaning towards answer C. Does anyone have an idea?

Why don't US corporations change the name of worker pension funds to "retained earnings," since...? ...worker pension funds are used by management to fund company activities, and since retained earnings are consistently drained to make corporate executives and shareholders perpetually richer and richer? http://news.yahoo.com/s/time/20100415/us_time/08599198195800

Questions on financial management? i got 3 questions out of 15 questions from my assignment and i have no clue how to do them. if u know, please help and provide steps too. Many thanks. Mary compant predicts that its earnings in the coming year will be $40 million. Mary Company adopts the residue dividend policy. It has issud common stocks of ten million shares, and always maintains a debt-equity ratio of 1.5. Suppose Mary company plans no capital outlays for the comping year. i, what will the dividend per share be? ii, what will the amount of new borrowing be? iii, if the company pays dividend accordingly and right before ex-dividend date its stock price is $100, what will the stock price be on the ex-dividend date? if i know how to answer then i won't be answering! duh!

Carribou Coffee (ticker: CBOU); 18% sales growth, but poor earnings. What's your take? They recently annoucned an 18% sales growth, an energy drink partnership with Coke, new management and entry into the Asian markets. Historically earnings have been terrible. When is it time to buy? Should I wait for the earnings reports? http://finance.google.com/finance?q=cbou

Question on earnings for farm workers? I've looked all over, but the internet doesn't give any information on how much farm workers earn besides management. Please help: how much can a herdsman earn? how much can a dairy herdsman earn? how much does a farm hand earn? how much does a farm worker earn? many thanks for your help :)

How IBM company uses foreign exchange markets and instruments, utilizes the international finance and investme How IBM company uses foreign exchange markets and instruments, utilizes the international finance and investment markets, the impact of foreign exchange rates on the company’s earnings, and the financial management strategies of the company in a certain period of time. I just need some little head way where to look or get some infomation. Thank for your help.

Are accelerating your sales ethical? Atlantis Company sells computer components and plans on borrowing some money to expand. After reading a lot about earnings management, Andy, the owner of Atlantis, has decided that he should try to accelerate some sales to improve his financial statement ratios. He has called his best customers and asked them to make their usual January purchases by December 31. He told them he would allow them until the end of February to pay for the purchases, just as if they had made their purchases in January. What do you think are the ethical implications of Andy's actions? Which ratios will be improved by accelerating these sales? Would you advise Andy to proceed with this plan?

describing the goals of financial management.? The description should include how earnings are valued, how shareholder wealth can be maximized, and how management decisions affect stockholder wealth.

financial Management Goals? describing the goals of financial management. the description should include how earnings are valued, how shareholder wealth can be maximized, and how management decisions affect stockholder wealth

How exactly are hedge fund managers compensated? Say for example, there is a fund with $ 1 billion in AUM. And the fund charges a management fee of 2%, and a performance fee of 20 %. Assume the total profit made is 100 million for the year. Does that mean the manager's pay is : 20 million for management and then 20% of the profit made for the year, so 20 million? ** this is earnings before tax Or is the pay structure different?

What type of legal actions can I take in this situation? I am of 6 partners in a hotel ownership under a LLC. 1 of the partners (Bob) was not given his share of profit (earnings) during a time when all others were given theirs. Another partner (Jane) is refusing to allow Bob his share, and my other partners refuse any actions. Jane is trying to control all aspect of the ownership, but we are all equal shares. What can I do to take a stand against Jane and help Bob achieve his share; Bob should have gotten his money a year ago. The hotel is run by a management company.

What is the sustainable growth rate? Include the ROE and plowback ratio.? At the annual strategic planning meeting of my company, new projects are presented and it is my task to assess the expected financial outcomes. In this case, my division presents a new product development project that projects a rate-of-return or Return on Equity (ROE) of 20.0 percent. Management plans to plow back 30.0 percent of all earnings to the company. Earnings this year are $3 per share and investors expect a 12 percent rate of return on the company's stock.

I need help choosing my college business major concentration, I have narrowed it down to 3. Help please? I am trying to decide between these 3 concentrations marketing, finance, and management information systems. I am going to Sam Houston State. With the marketing and finance concentrations my main worry is my college not having the prestige of say, UT or A&M. Does that really matter? What is the material covered in a management information systems degree? I want to have autonomy and not be stuck in an office and also earnings of $50,000 + soon after college. Any answers are appreciated.

Please tell me if I have answered these questions correctly? In order for investors and creditors to decide whether to invest in a company or loan a company funds they may A. Analyze financial statements B. Focus on corporate governance C. Both of the above D. Neither of the above Answer: A Comparative financial statements compare the company's current statements with: A. Those of prior periods. B. Those of other companies in the same industry. C. Those of the company's principal competitor. D. The budgeted level of performance for the period. Answer: A In evaluating the quality of a company's earnings, which of the following factors is least important? A. The accounting methods used by management. B. The trend of the company's earnings over a period of years. C. The dollar amount of earnings per share. D. The stability and sources of the company's earnings. Answer: C

what is discretionary accruals mean? i have tried to search in google but doesn't get the fit meaning. i think it has connection with earnings management

Investor reaction to a decrease in dividends following a period of deteriorating earnings and declining ? stock price is likely to be: a.They take it in stride, assuming earnings and dividends will return to normal shortly, and are unlikely to either sell the stock or buy more. b.They take it as a very bad omen, a statement that management doesn't think the downturn in earnings is temporary, so they tend to sell the stock forcing its price down further. c.They see it as an opportunity to get more of the stock while its price is temporarily depressed, and their purchases tend to drive the price back up. d.They tend to sell just enough stock to make up the lost dividend income, but no more.

Funny or Not Early Retirement Due to the financial situation, management are going to implement a scheme to? put workers on early retirement. This scheme will be known as RAPE, retire aged personnel early Persons selected to be RAPED can apply for the SHAFT scheme, special help after full termination. Persons who have been raped & shafted will be reviewed for the SCREW scheme, scheme for retired early worker. A person may be RAPED only once, SHAFTED twice, & SCREWED as many times as management deems apropriate. Persons who have been RAPED can apply to get AIDS, additional income for dependants or spouse, or HERPES half earnings for retired personnel early severance, Obviously persons who have AIDS or HERPES will not be SHAFTED or SCREWED any further by the management. Persons staying on will receive as much SH1T, special high intensity training, as posible, managment has always prided itself for the amount of SH1T it gives to its staff. Should you feel that you dont receive enough SH1T please bring it to your managers atention they have been trained to give you all the SH1T u can handle

What do you think will become of Morgan Stanley? I'm really hoping the firm remains independent. It would be so sad to see a firm with roots back 200 years to be taken down my rumors,short selling and rating agencies. It is completely unbelievable to me how they can have so much influence on the fate of the firm. Morgan reported strong capital and liquidity positions and beat all forecasts for earnings. I have such conviction in John Mack and the management team and really hope the firm can survive this meltdown. Interested to hear other thoughts...

I just presented negative news on the equity performance of my company to the chairman. what do i do? He was so mad that I presented some news that was so bleak and negative that he did not want to accept the report. All I did was report how the financial markets and earnings resulted for the past year. I also benchmarked the results with other similar companies in the same industry. Our company did not do too hot, but the Chairman got mad at me for reporting such negative results. All I did was do my job and analyze the data. What should I do to get back the good grace from Senior Management?

What kind of job scam is this? Must love loud music, art, working with opposite sex.? I have seen this ad in newspapers & on Craigs list. Need 10 people for sales, management, etc. for fun work. Must love loud music, art, working with opposite sex. Earn while you learn. Paid training. They do not give you any details at the first interview. They tell you that you will receive details at second interview. No experience. Potential earnings of $800.00 weekly. I know this is some kind of scam but I don't know what it is.

Do you feel you have capability or energy left run a company? I have been manufacturing furiture at Nostalgiawoodworking since 1984 have about 15 employees.Now Iam 54yrs and would like hand over dialy functions of the company to who has better abilities of management organisational skills,who could make the company a better place to work..Who can increase the profitability of the company and employees earnings.You will have the freedom to make changes I will be around to help as need be.

Quicken or quickbooks for small freelance writing/graphics company? I can't tell which would suit my needs. I mainly want to do invoices and track earnings, expenses. I don't know that I need all the bells and whistles of Quickbooks (plus I like having a personal finance management system like Quicken) ..BUT most of the people I know in the small biz world use Quickbooks. Any ideas?

Will the make an attachment of earnings order? I am in a lot of debt and am currently in a Debt Management Plan. My disposable income is £170 which goes direct to my DMP. I have a payday company saying that they are taking me to court to obtain an attachment of earnings order. Are they likely to be successful even though my DMP have made an offer to them which they have declined. My income and expenditure form shows that I have no other available income other than the £170 that I pay into my DMP. Advice please as I;m not sure how they can do an attachment of earnings if I have no further money to be able to give.

Have you read this joke? memo from Management? Dear Staff, Due to the current financial situation, Management has decided to implement a scheme to put workers of 40 years of age on early retirement. This scheme will be known as RAPE (Retire Aged People Early). Persons who opt for being RAPED can apply to management to become eligible for the SHAFT scheme (Special Help After Forced Termination). Persons who have been RAPED and SHAFTED will be reviewed under the SCREW scheme (Scheme Covering Retired Early Workers). Person may be RAPED once, SHAFTED twice and SCREWED as many times as Management deems appropriate. Persons who have been RAPED can only get AIDS (Additional Income for Dependants or Spouse) or HERPES (Half Earnings for Retired Personnel Early Severance). Obviously persons who have AIDS or HERPES will not be SHAFTED or SCREWED any further by management. Persons staying on will receive as much SHIT (Special High Intensity Training) as possible. Management has always prided itself on the amount of SHIT it gives employees. Should you feel that you do not receive enough SHIT, please bring to the attention of your Supervisor. They have been trained to give you all the SHIT you can handle. Sincerely, The Management

Have you ever got a letter like this from your management? Dear employees, Due to the current financial situation caused by the slowdown of the economy, Management has decided to implement a scheme to put workers of 40 years of age and above on early retirement. This scheme will be known as RAPE (Retire Aged People Early). Persons selected to be RAPED can apply to management to be eligible for the SHAFT scheme (Special Help After Forced Termination). Persons who have been RAPED and SHAFTED will be reviewed under the SCREW program (Scheme Covering Retired Early Workers). A person may be RAPED once, SHAFTED twice and SCREWED as many times as Management deems appropriate. Persons who have been RAPED can only get AIDS (Additional Income for Dependants & Spouse) or HERPES (Half Earnings for Retired Personnel Early Severance). Obviously persons who have AIDS or HERPES will not be SHAFTED or SCREWED any further by Management. Persons who are not RAPED and are staying on will receive as much SH.T (Special High Intensity Training) as possible. Management has always prided itself on the amount of SH.T it gives employees. Should you feel that you do not receive enough SH.T, please bring to the attention of your Supervisor. They have been trained to give you all the SH.T you can handle. Sincerely, The Management

Bank Management & Financial Services? An analysis of the UBPR reports on NCB was presented in this chapter. We examined a wide variety of profitability measures for the bank, including ROA, ROE, net profit margin, net interest and operating margins, and asset utilization. However, the various measures of earnings risk, credit risk, solvency risk, liquidity risk, market risk, and interest rate risk were not discussed in detail. Using the data in tables 5-5 through 5-9, calculate each of the dimensions of risk for NCB for the most recent 2 years and discuss how the bank’s risk exposure appears to be changing over time. What steps would you recommend to management to deal with any risk exposure problems you observe? send me your email add then i can send the tables.

Business ethics management choice? In this Management Choice case I'm not sure, but would Anne be the stakeholder or would Anne and Sue both be the stakeholders? Anne Distagne was the CEO of Linkage Construction Inc., which served as the general contractor for the construction of the air ducts for large shopping malls and other buildings. She prided herself on being able to manage her company effectively and in an orderly manner. For years there had been a steady 22–25 percent growth in sales, profits, and earnings per share, which she wanted to continue because it facilitated dealing with banks to raise expansion capital. Unfortunately for Sue Fault, the chief financial officer, the situation has changed. “Sue, we’ve got a problem. You know my policy of steady growth—well, we’ve done too well this year. Our profit is too high: it’s up to a 35 percent gain over last year. What we’ve got to do is bring it down this year and save a little for next year. Otherwise, it will look like we’re off our well-managed path. I will look like I didn’t have a handle on our activity. Who knows, we may attract a takeover artist. Or we may come up short on profit next year.” “What can we do to get back on track? I’ve heard we could declare that some of our construction jobs are not as far along as we originally thought, so we would only have to include a lower percentage of expected profits on each job in our profit this year. Also, let’s take the $124,000 in R&D costs we incurred to fabricate a more flexible ducting system for jobs A305 and B244 out of the job costs in inventory and expense them right away.” “Now listen, Sue, don’t give me any static about being a qualified accountant and subject to the rules of your profession. You are employed by Linkage Construction and I am your boss, so get on with it. Let me know what the revised figures are as soon as possible.” 1. Who are the stakeholders involved in this decision?

have u ever got a letter like this???from management? COMPANY POLICY TO ALL EMPLOYEES: As a result of the reduction of money budgeted for department areas, we are forced to cut down on our number of personnel. Under this plan, older employees will be asked to take early retirement, thus permitting the retention of younger people who represent our future. Therefore, a program to phase out older personnel by the end of the current fiscal year, via retirement, will be placed into effect immediately. This program will be known as SLAP. (Sever Late-Age Personnel). Employees who are SLAPPED will be given the opportunity to look for jobs outside the company. SLAPPED employees can request a review of their employment records before actual retirement takes place. This review phase of the program is called SCREW (Survey of Capabilities of Retired Early Workers). All employees who have been SLAPPED and SCREWED may file an appeal with upper management. This appeal is called SHAFT(Study by Higher Authority Following Termination). Under the terms of the new policy, an employee may be SLAPPED once, SCREWED twice, but may be SHAFTED as many times as the company deems appropriate. If an employee follows the above procedure, he/she will be entitled to get HERPES (Half Earnings for Retired Personnel's Early Severance) or CLAP (Combined Lump-sum Assistance Payment). As HERPES and CLAP are considered benefit plans, an employee who has received HERPES or CLAP will no longer be SLAPPED or SCREWED by the company. Management wishes to assure the younger employees who remain on board that the company will continue its policy of training employees through our Special High Intensity Training (SHIT). We take pride in the amount of SHIT our employees receive. We have given our employees more SHIT than any company in this area. If any employee feels they do not receive enough SHIT on the job, see your immediate supervisor. Your supervisor is specially trained to make sure you receive all the SHIT you can stand. And, once again, thanks for all your years of service with us. THE MANAGEMENT

times are hard worldwide but did you get a letter like this..Subject: LETTER FROM MANAGEMENT? Date: Wed Feb 4th 2009 09:14:44 +0000 Dear Employees, Due to the current financial situation caused by the slowdown in the economy, Management has decided to implement a scheme to put workers of 40 years of age and above on early retirement. This scheme will be known as RAPE (Retire Aged People Early). Persons selected to be RAPED can apply to management to be considered for the SHAFT scheme (Special Help After Forced Termination). Persons who have been RAPED and SHAFTED will be reviewed under the SCREW programme (Scheme Covering Retired-Early Workers). A person may be RAPED once, SHAFTED twice and SCREWED as many times as Management deems appropriate. Persons who have been RAPED could get AIDS (Additional Income for Dependants & Spouse) or HERPES (Half Earnings for Retired Personnel Early Severance). Obviously persons who have AIDS or HERPES will not be SHAFTED or SCREWED any further by Management. Persons who are not RAPED and are staying on will receive as much SHlT (Special High Intensity Training) as possible. Management has always prided itself on the amount of SHlT it gives employees. Should you feel that you do not receive enough SHlT, please bring this to the attention of your Supervisor, who has been trained to give you all the SHlT you can handle. Sincerely, The Management

Hi. I'm a 3rd year BAMS student. I've planned to do a diploma course in ICU management after it. Wat do u say? I do not wish to do MD/MS as I'm more interested in Modern medicine. I wish to take training in Emergency management as i feel it'll help me earn better earnings. Besides, how complicated is it for a BAMS doctor to get a job in a well-renowned hospital as compared to MBBS doctor? My family as good relations with well-established renowned institutes/Hospitals in the city but i wonder how justified will it be to ask there for a job placement for myself there being a BMS doctor. I'm not embarrassed to be an Ayurvedic doctor but people & doctors from other faculty don't leave a chance to comment on our knowledge. Although i've answered many of them well but it has reduced my confidence level & i want to play safe when it comes to making career. Hence, i'm looking for a career with repute & good salary. Thanks for ur kind attention. Kindly guide!

Has the buildup in plant and equipment been financed in a satisfactory manner? CROSBY CORPORATION Income Statement For the Year Ended December 31, 2008 Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,200,000 Cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,300,000 Gross profits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900,000 Selling and administrative expense . . . . . . . . . . . . . . . . . . . . 420,000 Depreciation expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150,000 Operating income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 330,000 Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90,000 Earnings before taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . 240,000 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000 Block−Hirt−Danielsen: Foundations of Financial Management, 13th Edition II. Financial Analysis and Planning 2. Review of Accounting © The McGraw−Hill Companies, 2009 52 Part 2 Financial Analysis and Planning www.mhhe.com/bhd13e Statement of Retained Earnings For the Year Ended December 31, 2008 Retained earnings, balance, January 1, 2008 . . . . . . . . . . . . . . . . . . . . $500,000 Add: Earnings available to common stockholders, 2008 . . . . . . . . . . 150,000 Deduct: Cash dividends declared and paid in 2008 . . . . . . . . . . . . . 50,000 Retained earnings, balance, December 31, 2008 . . . . . . . . . . . . . . . . . $600,000 CROSBY CORPORATION Income Statement For the Year Ended December 31, 2008 Earnings after taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160,000 Preferred stock dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,000 Earnings available to common stockholders . . . . . . . . . . . . . $ 150,000 Common shares outstanding . . . . . . . . . . . . . . . . . . . . . . . . 120,000 Earnings per share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1.25 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 250,000 $ 440,000 Notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400,000 400,000 Accrued expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 50,000 Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . 720,000 890,000 Long-term liabilities: Bonds payable, 2012 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 120,000 Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 790,000 1,010,000 Comparative Balance Sheets For 2007 and 2008 Year-End 2007 Year-End 2008 Assets Current assets: Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 70,000 $ 100,000 Accounts receivable (net) . . . . . . . . . . . . . . . . . . . . . . . . . . 300,000 350,000 Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 410,000 430,000 Prepaid expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,000 30,000 Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 830,000 910,000 Investments (long-term securities) . . . . . . . . . . . . . . . . . . . 80,000 70,000 Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,000,000 2,400,000 Less: Accumulated depreciation . . . . . . . . . . . . . . . . . . . 1,000,000 1,150,000 Net plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000,000 1,250,000 Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,910,000 $2,230,000 Stockholders’ equity: Preferred stock, $100 per value . . . . . . . . . . . . . . . . . . . . . . 90,000 90,000 Common stock, $1 par value . . . . . . . . . . . . . . . . . . . . . . . . 120,000 120,000 Capital paid in excess of par . . . . . . . . . . . . . . . . . . . . . . . . 410,000 410,000 Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500,000 600,000 Total stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . 1,120,000 1,220,000 Total liabilities and stockholders’ equity . . . . . . . . . . . . . . . . . . $1,910,000 $2,230,000

Tell how management compensation relates to earnings management?

can anyone help me in creating a c program for library or employee database management system? this is one of them .......plzz help me Employee Management System -> Create database for Employees Information Database Structure as follows Employee_id char // ex A0001 ( i.e first Employee from Accounts Dept) Employee Name Employee MgrNo Employee Job // Jobs - Accounts Finance Admin Research Analyst Manager Employee Basic Sal Employee date of Joining Employee Earnings -- HRA - House rent Allowance 10% of Basic Sal DA - Dearness Allowance 25% of Basic Sal + Basic Sal Employee Deductions -- PF - Provident Fund 7.5 % of Basic Sal Monthly TDS - Monthly Tax Payable 10.2% of Basic Sal -> Calculate Employees Earnings and Deductions and store in a File Display following Reports 1. Display Payslip for Every Employee in the database(Monthly Report) 2. Display No. of Each Designation (Monthly Report) 3. Create a Monthly File which will have records of employees joined in current month(Monthly Report) 4. Send a Greeting to every employee on his birthday (Daily Report) Note : Your System Should have provision for Adding/Deleting/Modifying/Displaying Employees from/in the File

Borderline illegal accounting example? I'm looking for an example of a company who, in their accounting, was doing something very borderline as to whether or not it was illegal, in regards to earnings management. Not looking for the obvious ones like enron or worldcom

CEO's and board of directors neglect shareholders best interests at times and why don't shareholders sue them? Companies exist for years and it seems that only the management puts money into their pockets month after month year after year, while the investors sit and wait. I know many who purchase stocks and 5 years have gone by and the stock price is either the same or less at this current time. Many of these companies have no products or not significant ones that produce "earnings". Yet management continues to draw salaries, give themselves raises and new bonus stock options all the time. To pacify investors they release insignificant news items. With all the news services that are paid by companies to tout the specific companies only adds smoke & mirrors for the investors. There ought to be stricter regulations governing these shells of a company to protect the consumer/investor and they should be scrutinized and held responsible for false hope and impossible odds of getting certain drugs approved by the FDA. Lining their pockets, & getting away with an actual crime, with no one to answer to

Can someone please help me with this? I need to write a 200-300 word paper the describes the goals of financial management. The description should include how earnings are valued, how shareholder wealth can be maximized, and how management decisions affect stockholder wealth.

If a business could lease its building & earn money should that be in the financial analysis If so why? This is another questions pertaining to financial management. If a company could lease its building for 25,000 a year. Should the money be reflected in the financial analysis. If so how could we add the earnings to a financial statement or balance sheet.

ACCOUNTING Help please? THe following info is taken from the 2007 annual report to shareholders of HP Co.: for fiscal 2007: Provision for doubtful accounts (recognized bad debt expenses) $47 million at fiscal year-end 2007: AR, net 15927 million AR, gross 16193 million for fiscal 2006: Provision for doubtful accounts (recognized bad debt expenses) $4 million at fiscal year-end 2006: AR, net 13313 million AR, gross 13573 million + Allowance, end of 2007 = A/R gross 2007 minus A/R net 2007 Allowance, end of 2007 = 266 million + Percentage of year-end receivables = Allowance, end of 2006 divided by A/R, gross 2006 Percentage of year-end receivables = (13573 million minus 13313 million) divided by 13573 million Percentage = 1.92 % for 2007: Percentage = (16193million minus 15927 million) divided by 16193 million Percentage = 1.64% I have 2 questions: 1) How might a company with receivables like HP be able to manage earnings in applying GAAP? 2) Is there any evidence in HP's disclosures above that are consistent with earnings management? please help...don't know how to answer these 2 questions..help me please thanks

Auditing VIII? Folks, Need help for mc auditing questions. Thx. 1. The substantive procedures for the examination of cost of goods sold would normally be coordinated with which of the following audit programs? a. Cash disbursements b. Inventory c. Prepaids and accruals d. Accounts payable 2.Which of the following substantive procedures are not extensively used in the audit of revenue and expense accounts? a. Analytical procedures b. Detailed verification of cash receipts and cash disbursements records c. Procedures conducted as part of the audit of related asset and liability accounts d. Scanning accounts for large and unusual entries 3. Which of the following is the most effective method of identifying potential earnings management attempts? a. Analytical procedures b. Detailed substantive procedures c. Inquiry of client management and key financial personnel d. Scanning accounts for unusual items

Old trading strategies don't work well in the Internet age? Is it true that some trading strategies that worked well 20 years ago now don't work, or give much less profits, due to having many people doing the same with the advent of Internet brokers? For example Zack's and Reuters earnings estimates have lost their snap, even Julian Robertson of Tiger Management and Michael Steinhardt, suffered severe losses in the 90s. John Templeton has had reduced earnings.

human resource management? 1. Tomas Juarez earns $.30 for each item he produces. During a 60-hour week, Tomas produced 1,650 units. What is the pay for the week? 2. Janet Welles produced 740 units of work at 50 cents per unit during a 45-hour work week What is her hourly earning rate for that week? What are Janet's total earnings for the week?

management? Question 1 Milwaukee Melon Manufacturers sells exotic melons at one price, Rs.10 each. The firm has variable costs of Rs. 160,000 on sales of 32,000 melons. Fixed costs are Rs. 80,000. Operating income (EBIT) this year is Rs. 80,000 and after-tax net income is Rs. 30,000. Interest expense is Rs. 20,000. (5) a.What is its degree of financial leverage at the current level of EBIT? b.Suppose that EBIT were to decline 10 percent next year. What would be the percentage decline in earnings per share (EPS)? Question 2 ABC gearing limited has a degree of 2 at its current production and sales level of 10,000 units. The resulting operating income figure is Rs. 1,000. (5) a.If sales are expected to increase by 20% from the current 10,000 unit, sale position, what would be the resulting operating profit figure? b.At the company’s new sale’s position of 12,000 units, what is the company’s new DOL figure?

finance management? 3.If the use of financial leverage magnifies the earnings per share under favourable economic conditions, why do the companies not employ a very large amount of debt in their capital structures

financial management. Can anyone help I am so lost? The following tabulation gives earnings per share figures for the Foust Company during the preceding 10 years. The firm’s common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share, and the expected dividend at the end of the current year (2003) is 55 percent of the 2002 EPS. Because investors expect past trends to continue, g may be based on the earnings growth rate. (Note that 9 years of growth are reflected in the data.) YEAR EPS YEAR EPS 1993 $3.90 1998 $5.73 1994 4.21 1999 6.19 1995 4.55 2000 6.68 1996 4.91 2001 7.22 1997 5.31 2002 7.80 The current interest rate on new debt is 9 percent. The firm’s marginal tax rate is 40 percent. Its capital structure, considered to be optimal, is as follows: Debt $104,000,000 Common equity 156,000,000 Total liabilities and equity $260,000,000 a. Calculate Foust’s after-tax cost of new debt and common equity. Calculate the cost of equity as ks D1/P0 g. b. Find Foust’s weighted average cost of capital.

I NEED HELP FOR THIS FINANCIAL MANAGEMENT PROBLEM? 3. Summit systems will pay a dividend of $1.50 this year. If you expect summit’s dividend to grow by 6% per year, what is its price per share if its equity cost of capital is 11%? 4. Dorpa Corporation has a dividend yield of 1.5%. Dorpac’s equity cost of capital is 8%, and its dividends are expected to grow at a constant rate. What is the expected to growth rate of Dorpac’s dividends? 5. DFB, Inc., expects earnings this year of $5 per share, and it plans to pay a $3 dividend to shareholders. DFB will retain $2 per share of its earnings to reinvest in new projects with an expected return of $15% per year. Suppose DFB will maintain the same dividend payout rate, retention rate, and return on new investments in the future and will not change its number of outstanding shares. A). what growth rate of earnings would you forecast for DFB? B). if DFB’s equity cost of capital is 12%, what price would you estimate for DFB stock?

financial management help please? The comfort corporation manufactures sofas and tables for the recreational vehicle market. The firm's capital structure consists of 60 percent common equity, 10 percent preferred stock, and 30 percent long-term debt. This capital structure is believed to be optimal. Comfort will requite $120 million to finance expansion plans for the coming year. The firm expects to generate enough internal equity to meet equity portion of its expansion needs. The cost of retained earnings is 18 percent. The firm can raise preferred stock at a cost of 15 percent. First-mortgage bonds can be sold at a pretax cost of 14 percent. The firm's marginal tax rate is 40 percent. Calculate the cost of capital for the funds needed to meet the expansion goal.

Please, is this a good artiste/management contract? NOW THIS DEED WITNESSETH In consideration of the mutual promises and covenants herein explicitly contained the parties hereby agree as follows: 1.BINDING EFFECT OF AGREEMENT This agreement shall be binding on both parties. 2.EXPLOITATION OF RECORDING / NON – RECORDING BASED ARTISTIC ACTIVITIES. The artiste shall retain the copyright to sell all recordings done by him whether in public performance or studio recordings. This ARTISTE shall offer his exclusive services as a performing artiste to the MANAGEMENT and the MANAGEMENT shall make performance, appearance and endorsement services of the ARTISTE available to patrons worldwide on the terms and conditions approved by the artiste. 3.CONTRACT PERIOD The ARTISTE undertakes and agrees to: i.Have the MANAGEMENT represent him in ALL performance/appearance related negotiations (formal/informal/promotional) and service delivery. ii.Work exclusively with the MANAGEMENT in this regard over a period of 24 months (2 years). This period shall run from ……of November, 2007 to ….. October, 2009. 4.TERMS OF DISSOLVEMENT MANAGEMENT will automatically terminate this agreement if the following occurs: i.In case of the Artiste being unable to function productively in his capacity as an Artiste. ii.If the artiste acts in a manner contrary to the Management’s accepted standard of Public decorum. The artiste shall be deemed to have breached this clause if he: a)Channel any of his protest to the clients, promoters or media rather than to the Management. b)Fails consistently to be punctual to business meetings, press conferences, events, sound checks, rehearsal times etc. c)Willingly breaches the rules and regulations concerning public facilities such as hotels, airplanes, airport lounges etc. iii.If the Artiste repeatedly fail to conduct himself in a manner professional enough to encourage sustainable viability as a brand. iv.If the artiste breaches one or more of the terms of this agreement. The ARTISTE can terminate the contract if there is evidence of gross professional misconduct on the part of MANAGEMENT especially in case of financial impropriety or the non-performance of the terms of this agreement. 5.OPTION PERIOD Three months before the expiration of this contract the ARTISTE has the right to exercise the option of to either terminate the present agreement by giving written notice or to prolong the duration the present contract. This is however subject to the prior notification and settlement of any outstanding payments owed to the MANAGEMENT or to the ARTISTE. 6.EXCLUSIVITY OF THE ARTISTE The artiste hereby warrants and represents that: i.he shall not during the period of this agreement grant anybody except the MANAGEMENT the rights granted to the MANAGEMENT hereunder (save for agreements already in place between the ARTISTE and third parties prior to the commencement of this agreement which said agreement shall continue to operate but shall not be renewed without the consent of the MANAGEMENT). ii.He shall assist in/or be involved in performances with other artistes if he so desires but has the responsibility to inform the MANAGEMENT to enable them protect its business interest and image effectively even in the course of such activities. 7.SERVICES The MANAGEMENT shall i.Assist the Artiste’s label in the preparatory work and other stages of his recordings ii.Oversee the planning of publicity. Distribution and marketing campaigns. iii.Co-ordinate tours schedule and produce his performances. iv.Handing the day-to-day task of managing the artiste’s career. v.Act as booking and talent agents. vi.Acting as liaison for communication between the artiste and the rest of the public. 8.PROMOTION/ADVERTISEMENT AND MARKETING The MANAGEMENT shall: i.Take co-ordination responsibility for the packaging and marketing of the ARTISTE within the duration of the contract period. ii.Represent the Artiste’s interest in managerial capacity worldwide. The ARTISTE shall i.Sight and approve all packaging concepts and promo materials before the management make use of them ii.Take financial responsibility for the packaging, promotion and marketing activities of the MANAGEMENT. 9.MODE AND TERMS OF PAYMENT i. The MANAGEMENT is entitled to 20% of the gross earnings of the ARTISTE on appearance, performance and endorsement fees excluding gifts in kind. ii.The MANAGEMENT will receive its part of the payment as soon as the service for which the artiste is contracted has been delivered and full payment has been made. 10.QUALITY CONTROL The MANAGEMENT has the responsibility to ensure and guarantee control on all of Artiste’s public appearances, speeches, comments and performances. 11.ENTIRE AGREEMENT This agreement consist the entire agreement between the parties and shall only be modified or added to in writing

I need help with Earnings Management? I am investigating methods to detect Earnings Management and if anybody has links which give step by step process..

Exxon-Mobil to report earnings today. More record profits? If you had invested one thousand dollars ten years. ago, it would be worth two thousand nine hundred dollars today. How much did the CEO of Exxon make over that period? Here's the question. Is it more beneficial to shareholders to be invested or for executive level management that you be invested?