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Ford Motor Company GROUP PROJECT ACC 505 - FINANCIAL ACCOUNTING 12/01/96 TABLE OF CONTENTS DESCRIPTION PAGE INTRODUCTION........................................................1 LIQUIDITY...........................................................1-3 Working Capital...................................................1 Current Ratio & Quick Ratio.......................................2 Receivable Turnover & Average Days\' Sales Uncollected.............2-3 Inventory Turnover & Average Days\' Invento
401(k) Plans There are many economic issues facing the nation today. While some are extremely important in determining how the economy is balanced, others are not. Although this is true, that does not necessarily make these lesser important issues obsolete. Take, for example, the recent issue of corporate leaders matching contributors to the 401(k) plan with company stock, instead of with cash. Though this is a relatively National issue, it still greatly affects a large number of people in forei
Actions of the Government and The Increase in Prices The United States economy is currently producing at a level of full employment in long-run equilibrium. The government then decides to increase taxes and to reduce government spending in an effort to balance the budget. The results of the actions taken by the government is the decrease of real GDP. When taxes are increased that the amount of disposable income that is available to consumers is lowered. This lowered level of disposable income le
Adam Smith Adam Smith, a brilliant eighteenth-century Scottish political economist, had the advantage of judging the significance ol colonies by a rigorous examination based on the colonial experience of 300 years. His overview has a built-in bias: he strongly disapproved of excessive regulation of colonial trade by parent countries. But his analysis is rich with insight and remarkably dispassionate in its argument. Adam Smith recognized that the discovery of the New World not only brought wealt
Advantages of Technology in Internation Trade Technology plays a major role in international trade. Databases, overnight delivery and faxes have opened the world market to not only larger companies but small ones too. To add to this globalization, companies and even competitors are combining and forming alliances to cut cost and increase the profit margin. Chrysler, General Motors and Ford have formed an alliance in research and development to avoid duplication. These alliances are not only with
Affirmative Action The term affirmative action is applied to the use of racial, ethnic, or gendr prefrences set apart a variety of social benefits. The groups receiving such benifits, such as blacks, indians, and women are assumed to havee been victims of descrimination in the past. Thus, a program most definatly benifiting white males as a group would not be an example of affirmative action for most people. This would be as unconstitutional as discrimination against non-whites or women. I feel
America Online To Unveil Flat Fee For Internet Access The Internet is becoming more popular and more widely used, and the Market for internet access is growing rapidly. To stay competitive in this fast-moving industry, America Online has announced that they will switch their price plan for internet access.to a flat-fee rate of $19.95 per month. After the changed in price (decrease), the Supply curve S will shift to S1. An increase in Supply curve will increase (Quantity) people using America
Economics: The American Government Most of the problems of the United states are related to the economy. One of the major issues facing the country today is social security. The United States was one of the last major industrialized nations to establish a social security system. In 1911, Wisconsin passed the first state workers compensation law to be held constitutional. At that time, most Americans believed the government should not have to care for the aged, disabled or needy. But such attitud
Poverty and Welfare Today it seems as if everyone has a theory about fighting poverty, now it is not necessary to be moving in the theoretical plane. Our country has had successful anti-poverty programs that were effective back a century ago, effective because they were based on these seven points: affiliation, bonding, categorization, discernment, employment, freedom, and God. But a key element in all of them is personal involvement and challenge, both material and spiritual. If folks a hundred
A Role of Ethics and Social Responsibilities in Management. Ethics can be defined as a process of evaluating actions according to moral principal of values(A.Alhemoud). Throughout the centuries people were trying to choose between profit and moral. Perhaps, some of them obtain both, but every time it could have roused ethical issues. Those issues concern fairness, justice, rightness or wrongness; as a result it can only be resolved according to ethical standards. Setting the ethical standards fo
Australia INTRODUCTION Australia, island continent located southeast of Asia and forming, with the nearby island of Tasmania, the commenwealth of Australia, a self governing member of the Commenwealth of Nations. The commenwealth of Australia is made up of six states--News south Wales, Queensland, South Australia, Tasmania, Victoria, and Wester n Australia--and two territories--the Australian Capital Territory and the Northern Territory. Australia, including Tasmania but excluding external terri
The Advantages and Disadvantages of Incorporating a Business In order to mention all the advantages and disadvantages of incorporating a business, first I should try to explain what a corporation is. In 1819, Chief Justice Marshall of the United States Supreme court said: A corporation is an artificial being, invisible, intangible, and existing only in contemplation of the law. In the Webster\'s College Dictionary corporation is defined as an association of individuals, created by law and ha
Bill Clinton - Redefines Democratic-Republican In the early 1800\'s, the United States was but a promising seedling in search of viable political direction. The initial parties were known as the federalists and the Democratic-Republicans, the first of which soon diminished and the later eventually bisected. The result is the two party Democrat and GOP system which the majority of politicians of current day subscribe. However, many political and economic analysts find themselves perplexed by an i
Burger King and Its Advertising Campaigns Burger King is a reliable burger company which has had its ups and downs. In 1974, it came out with a slogan of Have it your way and at this time it also had a 4 % market share. Burger King\'s idea was to have the customer have their burger done their way rather than a standard burger. In the early 80\'s Burger King was trying to keep sales growing so they had to keep changing their advertising. In 1982 Battle of the burgers and Aren\'t you hungry f
Crime and the Black Market in Modern Day China With a population of approximately 1,203,097,268 people , China, who has the world\'s largest population, also has the world\'s fastest growing black market and crime problem. In China, crime rates have been climbing an estimated 10 percent a year since the early 1980s . China is a country that is currently experiencing both political and economic instability. Economic reforms that have been put in place by the government have only widened the incom
Bombardier Report Analysis of Bombardier: Bombardier took on its present form in 1976 when MLW-Worthington, a manufacturer of locomotives, acquired Bombardier Ltd., a manufacturer of snow tractors and snowmobiles. The company was renamed Bombardier Inc. in 1978. The company has been active ever since in the acquisitions of various aerospace and transportation companies around the world. Nature of the Business Bombardier conducts business in five main areas: transportation equipment, aerospace, d
Broadcasting and Programing Steiner\'s Model Steiner\'s model on programming preferences and broadcasting choices tries to show how stations come to the conclusion of what programming to show. This model goes on the assumption that broadcasters will go after the largest audience possible. Going on the information given about this hypothetical situation, we can predict what each of the four stations in this market will show. There are three distinct audience preferences. The first groups of 1200
International Business Ventures Measuring a potential business venture has many aspects which the international manager must be aware of in order to convey the correct information back to the decision makers. Being ignorant to any of the aspects can lead to a false representation of the project, and hence an uninformed decision being passed. In order for a business to survive it must grow. For growth to be optimal, management must first be able to identify the most attractive prospective leads.
The Bubble Economy of Japan The Economy of Japan had experience a tremendous growth since the end of the Korean war. The growth of GNP in 1967 and 1968 was above 10 % (double digit growth period) which exceed countries such as Britain, France and Germany. The economy experienced a boost is due to many reasons, such as: enlargement of industrial facilities, massive adaptation of western technology and education, lower the military expense to 1% of GNP, relation with power nation, human resources
Budget 97 Finance Minister Paul Martin unveiled the Liberal government\'s 1997 budget recently. As most economic and political experts predicted there were very few surprises, if any. This was a cautious and predicable budget that was every bit political as it was economical. With the Liberal government set to call an election in late May or early June the Party was very reluctant to rock the boat further. This is what they have done in the 1997 budget and the subsequent reactions to the new bud
Business Process Redesign or Reengineering Business Process Redesign (BPR) or Reengineering is the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical, contemporary measures of performance, such as cost, quality, service, and speed (Hammer and Champy, Reengineering). Since the BPR idea has surfaced it has been under constant ridicule by the popular press. They say it takes far too long, creates management headaches, fails 70% of the ti
Book Review of Business Policy and Strategy: An Action Guide Submitted in partial fulfillment of B.S. in Business Administration Century University, New Mexico Grade = 95% A} Business Policy and Strategy: An Action Guide, by Robert Murdick, R. Carl Moor and Richard H. Eckhouse, attempts to tie together the broad policies and interrelationships that exist among the many functional areas which undergraduate students typically study. The authors intend the text to supplement the typical case book a
Business Plan Business Plan: Progressive Consulting What follows is a complete business plan for a hypothetical company. Please copy or save to your disk and use as an example in developing your own business plan. If you would like to read a series of articles jump to Web Marketing . For additional business aids click on The Practical Tools of Consulting 1. 0 Executive Summary Progressive Consulting will be formed as a consulting company specializing in marketing of high technology products in i
Canada\'s Unemployment Rate For decades prior to the 1981-82 recession, the national unemployment rates of Canada and the United States had been nearly identical. Since then, a persistent unemployment rate gap has emerged. Throughout most of the 1980s, Canada\'s unemployment rate has consistently been about 2 percentage points higher than in the United States. The gap developed in spite of very similar economic performances across the two countries: the growth rate of real per capita incomes h
Canada\'s Aid to Third World Countries What are some of the major problems faced by Third World Countries today? Who should be held responsible for these problems? Why? What has Canada done to help Third World Countries? There has always been a dominant country in the world that sets the economic standard throughout powerful countries. Canada has always been a top rated economic country, usually behind the United States and other large Commonwealth countries. Starting back in the early to mi
Capitalism SENIOR PROJECT RESEARCH PAPER BY JASON GERKEN CAREER ENGLISH MRS. CONLON 5/14/95 Today in the United States, a free market system or capitalism is the main economic system. I am interested in this subject because I someday wish to own my own business. I believe that in the future this topic will be very useful to me. Among the topics that I will discuss are the greeks and romans early practices of capitalism, the ideas of Joseph Schumpeter, Rush Limbaugh, and Karl Marx, corporations,
Capital Punishment Deters Murder, and Is Just Retribution Capital punishment, is the execution of criminals by the state, for committing crimes, regarded so heinous, that this is the only acceptable punishment. Capital punishment does not only lower the murder rate, but it\'s value as retribution alone is a good reason for handing out death sentences. Support for the death penalty in the U.S. has risen to an average of 80% according to an article written by Richard Worsnop, entitled Death penal
Careers in Investment Banking Davin Bloom English 152 Reuff, Instructor Paper 2 2/25/97 A career in the securities industry can offer exciting work if you enjoy working in a competitive and demanding atmosphere. Investment bankers, stock brokers, and stock traders all make up the securities industry providing services to each other, as well as the general public. All of people involved in this field deal with stocks, bonds, and other financial material in some way or another, but they all have t
Soft Drink Industry Case Study Table of Contents Introduction 3 Description 3 Segments 3 Caveats 4 Socio-Economic 4 Relevant Governmental or Environmental Factors, etc. 4 Economic Indicators Relevant for this Industry 4 Threat of New Entrants 5 Economies of Scale 5 Capital Requirements 6 Proprietary Product Differences 7 Absolute Cost Advantage 8 Learning Curve 8 Access to Inputs 8 Proprietary Low Cost Production 8 Brand Identity 9 Access to Distribution 9 Expected Retaliation 9 Conclusion 10 Su
Chaos in The Currency Markets : Currency Crisis of The EMS 1. What does the crisis of September 1992 tell you about the relative abilities of currency markets and national governments to influence exchange rates? The currency markets and national governments both have abilities to influence exchange rates. Like other financial markets, foreign exchange markets react to any news that may have a future effect. Speculators are the part of the currency markets that take currency positions based on a
Chernobyl The topic I have chosen for this term paper is Ex-Soviet Bloc\'s Environmental Crisis, Issue C. #2 Upgrading nuclear reactors to meet international standards. I have chosen this topic because nuclear power is not only an environmental issue but also a severe health issue for the citizens around the nuclear site and also for the rest of the country and world because of food products that could be grown there and used as market items. Nuclear radiation is in no way healthy to anyone. I
China\'s Economic Growth Due to Recent Foreign Policies Recent Chinese economic policies have shot the country into the world economy at full speed. As testimony of this, China\'s gross domestic product has risen to seventh in the world, and its economy is growing at over nine percent per year (econ-gen 1). Starting in 1979, the Chinese have implemented numerous economic and political tactics to open the Chinese marketplace to the rest of the world. Just a few areas China\'s government is addres
Chinese Economic Reform under Communist Rule Two years after the death of Mao Zedong in 1976, it became apparent to many of China\'s leaders that economic reform was necessary. During his tenure as China\'s premier, Mao had encouraged social movements such as the Great Leap Forward and the Cultural Revolution which had had as their bases ideologies such as serving the people and maintaining the class struggle. By 1978 Chinese leaders were searching for a solution to serious economic problems pr
Classical Liberalism Classical liberalism was the dominant ideology of capitalism during the periods of eighteenth century. It view was widely accepted. It said that government should just sit back and watch business so they do not cheat the government also to enforce contracts. The classical had many creeds they were Psychological, economic, and ,political. Each view has its own points. In this paper I will discuss those points and show you how Bob Dole is a classical liberalist. Psychological
Clinton Administration\'s Proposal to Increase Taxes for Multinational Corporations My topic is the increase if the taxes which Clinton Administration is planning. This increase in taxes will target multinational Corporations, end the favored tax treatment of extra long term bonds, It will also raise capital gains taxes by “changing the rules for computing the cost basis of securities when they are sold at a profit”. What this will do is increase the taxes for the rich and will decrease the di
Management\'s Achievement Claims Perspective It is to no one\'s surprise that Coca-Cola is one of the world\'s largest companies. Fourteen years ago, Coca-Cola began building credibility to its investors by never over-promising, just consistently hitting long-term growth targets. In Great Britain, Coca-Cola surpassed two leading teas of consumption per capita. People said it would not be possible, but Coke did it. That is just one example. Coca-Cola\'s management believes in the theory that peop
Cola Wars Stephen Brennan Accounting II Tue/Thur. 3-4:30 The Wall Street Journal recently did an article on how the soft-drink battleground has now turned toward new overseas markets. While once the United States, Australia, Japan, and Western Europe were the dominant soft-drink markets, the growth has slowed down dramatically, but they are still important markets for Coca-Cola and Pepsi. However, Eastern Europe, Mexico, China, Saudi Arabia, and India have become the new hot spots. Both Coca-C
Colgate Palmolive With a continuous expansion in it\'s product line, Colgate-Palmolive is taking on the look of one of the most stable stocks on the exchange. Colgate has a wide variety of products sold around the globe including, Colgate Toothpastes, Speed Stick Deodorants, Ajax Surface Cleaner, and Hill\'s Science Diet foods for house pets. Colgate was founded in 1806 in New York City on Dutch Street by William Colgate as a starch, soap and candle business. Colgate produced soaps and perfumes
The Advantages and Disadvantages Of A Market Economy. 27/9/96 Command and Market economies Neil Samtani When considering the advantages and disadvantages of command and market economies, you may notice that they are usually straight forward, yet, both advantages and disadvantages may merge at times, resulting in an unclear issue, that could be debatable whether it is for the good of the society, or for the government. Therefore, what I am trying to say, is that no matter how hard you try, it is
Heating Commodities Jennifer Loughery 082970 Introductory to Micro-Economics 1011-107 Dr. Pryor November 25, 1996. Back in the middle of October, the price of natural-gas had risen because a gas company was forced to shut down a pipeline due to the need for repairs. This impending shortage led to the decrease in prices for other heating commodities, as well as larger profits. The demand for energy was becoming greater and greater because it was that time of year when consumers began storing ener
Comparing Japan and American Food Markets The Japanese Market has become vital to the U.S. Economy. Japan is the number one export market for the United States. In 1993, Japan accounted for 37.6 percent of the total growth in U.S. value-added exports. U.S. food products, in particular, are a huge market in Japan. American agricultural exports to Japan in 1993 were $8.7 billion. About one-third of Japanese agricultural imports come from the United States. However, there is sometimes a mixed recep
Conflicting Goals in Economic Growth Goals of monetary policy are to promote maximum employment, inflation (stabilizing prices), and economic growth. If economists believe it\'s possible to achieve all the goals at once, the goals are inconsistent. There are limitations to monetary policy. The term maximum employment means that we should try to hold the unemployment rate as low as possible without pushing it below what economists call the natural rate or the full- employment rate. Pushing un
Consequences of Trade Restrictions and Tariffs How does imposing trade restrictions affect a country\'s macro economic objectives? Nowadays all countries need to trade between themselves. Countries always lack of some type of good and the only way they can get them is by importing them from other countries which do produce the desired goods. However, countries many times import products they are able of producing and now, this isnīt a matter of need; itīs a matter of taste in order to give the c
Consumers Purchasing on Credit The reasons we as Americans buy on credit varies, but without it most of us would probably never be able to purchase necessities such as a home or automobile. The nation\'s economy depends on credit, the promise to pay later for goods and services used today; but along with consumer credit comes consumer debt. With the rise in telemarketing and commercializing in America it is no wonder why Americans feel the impulse to buy now, pay later. The most common form of c
Consumer Alert In an era when free enterprise is the key to an efficient, productive, and successful country, business sometimes digresses from their true duties of producing goods and services at an honest and decent price. Consumer Alert, founded in 1977, was founded with a single purpose in mind: to advance the consumer interest through advocacy of free-market solutions to consumer dissatisfaction and scrutiny of any action which discourages competition in the marketplace. Consumer Alert wa
Corporate Downsizing - INTRODUCTION - Downsizing, restructuring, rightsizing, even a term as obscure as census readjustment has been used to describe the plague that has been affecting corporate America for years and has left many of its hardest working employees without work. In the 1980\'s, twenty-five percent of middle management was eliminated in the United States (Greenberg/Baron 582). In the 1990\'s, one million managers of American corporations with salaries over $40,000 also lost their j
Corporate Development During the Industrial Revolution The Standard Oil Company founded by John D. Rockefeller and the U.S. Steel Company founded by Andrew Carnegie. The Standard Oil Company and U.S. Steel Company were made successful in different ways due to the actions of their different owners. The companies differed in their labor relations, market control, and structural organization. In the steel industry, Carnegie developed a system known as vertical integration. This means that he cut ou
The Death Penalty Should Continue to be Used in the U.S. Ever since the death penalty has been declared constitutional in 1976, thousands of people have been placed on death row and 314 of them have been executed.( Yaffe,1) Thirty-eight states now allow the death penalty, with New York being the last to adapt this legislation last March. Massachusetts and Iowa have been trying to pass a law that would to allow the death penalty to be used in their states. Capital punishment is most often saved f
Describe The Roles of Government In The Present Business Environment In the present business environment governments have the power to change and make laws, having a major role and influence on the business environment. There are three levels of government; federal, state and local. The federal government has power over such areas as; company law, income tax, trade etc. State government has power over pollution, price controls, state courts etc. and local government has power over rates, buildin
Accounting System Controls In accounting systems, certain controls are needed to ensure that employees are doing their jobs properly and ensure that the system runs properly. These checks are in the best interest of the organization. These controls come in the form of internal and external controls for the system. The internal controls are the checks that are placed in the system my the company\'s own management and directors. Today more and more companies are moving from the manual accounting s