Charles H. Keating :: essays research papers

Charles H. Keating Jr. has been the focus of criminal investigations by the Federal Bureau of Investigation, the Internal Revenue Service, the Justice Department, The Securities and Exchange Commission, and the House Banking Committee for a six-year shadow of the nation’s biggest savings-and loan debacle. The federal government proclaims that he fraudulently managed California’s Lincoln Savings into its closure, and in the process profited for himself and his family an estimated thirty-four million dollars. Consequently, taxpayers may suffer a loss of two billion dollars. The federal government is suing Keating, his family and associates for one billion dollars. Despite Keating’s denial to the charges, evidence proves that his misconduct began since the early 1980s. Shockingly, Charles Keating worked for an extended amount of time without being investigated or caught. Keating did not have a very credible background, which should have led to some suspicion. About a decade ago, many incidents should have foreshadowed Keating’s malicious intentions. At that point Keating was under the leadership of Carl Lindner at American Financial Corp., a city conglomerate with interests in insurance and banking. In 1979 SEC, better known as the Security & Exchange Commission, cited Keating and other officials of the American Exchange Commission for failure to reveal particular loan transactions with their employer. Keating, a national championship swimmer, attended the University of Cincinnati on an athletic scholarship and continued in law school. Along with help from his brother, Charles Keating founded the prominent Cincinnati law firm of Keating, Muething and Klekamp. In 1972 Keating abandoned the profession of law, turning to work for the publicity-shy multimillionaire Carl Linder. Lindner served as a guide and mentor in the life of Mr. Keating. Many similarities can be traced between the business style of these two men; preeminently they both built their empires on savings and loans.1 Charles Keating exceeded Mr. Lindner’s expectations, which persuaded Mr. Lindner to extend an offer to the forty-eight year-old lawyer a position with American Financial in 1972 as the executive vice-president. Under Lindner’s supervision at American Financial in the mid-1970’s, Keating found a resourceful strategy to raise money from the public without the interference of the Wall Street underwriters. The success of this strategy resulted from sharp decline in profits that Lindner’s company was experiencing. Keating’s success revolved around him raising fifty million dollars for American Financial from the public without using an underwriting syndicate.

Tanglewood Case Two

Tanglewood Case 2 Strategic Staffing (HR 594) Summer Session B [email  protected] com TANGLEWOOD CASE TWO ATT: Daryl Perrone After analyzing the data and performing an environmental scan it is clear that the demographics of Spokane, Washington will present you will problems filling vacancies based on the Equal Employment Opportunity requirements. Spokane is the second largest city in Washington and according to my research 84% of these people are white. The next largest minority group, Hispanic, is only at 5% and the third largest group is mixed races which is just 3. 8%.As you can see Tacoma, Washington is not very diverse and finding the enough competent employees from minority groups may be difficult given the fact that there are not that many to begin with. According to the Census Bureau, Tacoma’s percentages of non-white employment in both the fields of retail salespersons and first line supervisors for retail are low in comparison with the available workforce. This tel ls me that it is not just Tanglewood that is failing to hire minorities; the whole city of Tacoma needs to do a better job of increasing their minority incumbency percentages.Incumbency is a term used to describe that a position is being held and is often used by the human resource department to determine where and how demographic shifts are needed. Although your minority incumbency percent is well above the required 80% for department managers finding more minorities for positions with higher volumes of vacancy is going to be a huge problem. Your store associate minority incumbency percent is only at 65. 8% and in order to meet the requirements you need to do a better job of recruiting minorities to fill these positions. The percent of minority incumbency for shift leaders is also too low.As far as female incumbency percentages are concerned, the department manager position needs to be improved more than anything. It is quite clear that Tanglewood needs to hire more females for man agerial positions and more minorities for entry level positions. According to my gap analysis, next year you are going to be extremely short of store associates and filling these positions according to the EEO will be a difficult task. Tell your managers that they need to get busy and prepare to hire 3,995 people for store associate level positions. You will also need to hire quite a few department managers; a total of 156.As far as shift leaders are concerned, only 90 people are needed for this position. There will be staff overloads for both assistant store managers and store managers. This means that perhaps some people will need to be let go and when doing so I recommend that you keep in mind the low incumbency percentage for females in the manager positions. Also remember that more minorities are needed for both store associates and shift leaders. In order to balance out your employment structure more, I have come up with a simple statement of action for hiring for Washington n ext year.The most important thing seems to be solving your problem of maintaining store associates. This year, 41% of your store associates left your company and in order to decrease this percentage you need to make sure that the employees are being taken care of properly. Some methods to retain more employees are by giving them more opportunities for advancement within the company, increasing their benefits package, proving higher wages, etc. Too many people at the entry level are giving up and this improving your ability to retain employees will prove to be beneficial to the company.Another major plan of action is to fill in more of the entry level positions with minorities. Your incumbency percentage for this category is really low and if you don’t fix this problem you are going to be facing a load of issues with the EEO. Unlike your problem with promoting women to management positions, your problem with providing low entry jobs for minorities is one that will require rest ructuring and time. Although there are not a lot of minorities in the area to fill these positions it is your company’s duty to do a better job of recruiting minorities.This means that you will need to change your recruitment practices and perhaps extend beyond Tacoma to find talent. Realistically I don’t see Tanglewood meeting the demands for minority incumbency for the store associate position in a single year. Hiring internally gives the current employees more hope and will improve the problem you are facing with keeping your employees loyal to the company. Although focusing primarily on internal promotions decreases the chance of finding a stellar employee, it will solve a lot of the current problems your company is facing. I recommend that you promote current females and minorities internally.This will keep more low entry level employees motivated to stay and also improve your problems with incumbency percentages as well. Wood himself mentioned in a recent intervi ew with Business Monthly that, â€Å"Tanglewood really needs to slow down and take a hard look at our corporate culture†. He goes on by saying, â€Å"Right now, we need to consolidate and make sure we’re as close to the company’s original mission as we can be†. Taking this quote into consideration it is clear that the recent expansion increases have destroyed the relationship between the low level employees and Tanglewood.This does not merely apply to the Washington stores, but to rather the entire store as a whole. People are running in and out of this company and the only way to stop the large percentage of people quitting is by doing a better job of taking care of their needs. On a personal and professional level employees, especially at the low entry level, need to be Tanglewood’s top priority. Table 1. 1 Markov Analysis Information Transition probability matrix| Current year| | (1)| (2)| (3)| (4)| (5)| Exit| Previous year| (1) Store associate| 0. 53| 0. 06| 0. 00| 0. 00| 0. 00| 0. 41| | (2) Shift leader| 0. 00| 0. 50| 0. 16| 0. 00| 0. 00| 0. 4| | (3) Department manager| 0. 00| 0. 00| 0. 58| 0. 12| 0. 00| 0. 30| | (4) Assistant store manager| 0. 00| 0. 00| 0. 06| 0. 46| 0. 08| 0. 40| | (5) Store manager| 0. 00| 0. 00| 0. 00| 0. 00| 0. 66| 0. 34| | | Forecast of availabilities| Next year (projected)| | (1)| (2)| (3)| (4)| (5)| Exit| | | Current Workforce| | | | | | | Previous year| (1) Store associate| 8,500| 4505| 510| 0| 0| 0| 3485| | (2) Shift leader| 1,200| 0| 600| 192| 0| 0| 408| | (3) Department manager| 850| 0| 0| 493| 102| 0| 255| | (4) Assistant store manager| 150| 0| 0| 9| 69| 12| 60| | (5) Store manager| 50| 0| 0| 0| 0| 33| 17| | | | | | | | |Gap analysis| Next year (projected)| | | | (1)| (2)| (3)| (4)| (5)| | Year end total(column sum)| 4505| 1110| 694| 171| 55| | External hires needed (current workforce-total)| 3995| 90| 156| 0| 0| WORKS CITED 1. Table 1. 1 , Markov Analysis Information by Tanglewood Casebook to Accompany Staffing Organizations, 7e 2. Table 1. 2 Determining Availability by Tanglewood Casebook to Accompany Staffing Organizations, 7e 3. Table 1. 3 Comparing Incumbency to Availability and Annual Placement Goals, by Tanglewood Casebook to Accompany Staffing Organizations, 7e 4. †Spokane Population and Demographics. † Area Connect. MDNH Inc.

A University s Ethics - 1514 Words

As Americans look towards the idea of college today, some may agree that the overall goals of a university have drastically changed since the popularity of higher education has increased. If one were to ask the universities what their core values consist of, most institutions would boast about student academics and growth being at the top of the list. As this response may ring true with most colleges in the US, specifically smaller schools, the increase in funds for research and athletic programs have seemingly overtaken the attention of larger, more competitive universities. Higher education has become a more popular choice among ambitious adults, providing them an opportunity to move up in the working world. Further, with this†¦show more content†¦Students, paying thousands of dollars a year to attend college, deserve to receive a decent education; however, this is an ambiguous outcome when the professors are not being compensated as well as they should be. The educators a re delivering the actual learning work while most administrative positions sit in an office all day and get paid more than twice as much for their labor. The values surrounding university athletics have also become a controversial topic of interest among Americans. Over the years, collegiate sports, especially football and basketball, have evolved into commercialized teams around the country. Almost to the level of a professional team, college athletes receive special treatment and an excess of benefits; one of the most significant benefits that most of these athletes collect is free tuition. Depending on the school, colleges will additionally cover a student s housing, dining, and supply fees; not to mention all of the free equipment that already comes with being a college athlete. Derek Bok of the Princeton University Press writes an article about the commercialization and corruption of college athletics, saying, Admissions offices are importuned to

Finding clarity in Buddhism, Christianity, and Philosophy...

Finding clarity in Buddhism, Christianity, and Philosophy There are many things in life that work to guide us to ultimate transcendence. Philosophy and Theology (specifically Buddhism and Christianity) each employ different concepts for allowing people passage to some harmonious place. Although each following is, in part, correct in their assumption of how to sustain a meaningful life, I find that the only religion that is relevant in dictating my personal transcendence is a particular way of life found in Christianity. While other followings have formed throughout the ages, making their own conjectures, and employing their own laws and paths to transcendence, Christianity is the only path I see as navigable. From the beginning†¦show more content†¦He found that there was no order in everyday life; history was composed of the downfalls of man, follies that were repeated generation after generation. He believed that the only way to purge one’s body from the cycle of unending meaninglessness was to live by logic. Logic allowed the body to exist in harmony with the soul by casting aside anything without meaning. The unity of body and soul represented ultimate control. Plato stated, â€Å"When the soul and body are united, then nature orders the soul to rule and govern, and the body to obey and serve† (513). When the soul was in complete control, the bodily weaknesses disappeared and the mind was left to think freely. Eventually, through thought, one could achieve bodily transcendence and purpose within life. As mentioned earlier, there are many different interpretations within philosophy. This idea is supported by Descartes doubt of every unproven thought. He doubted even his own existence, â€Å"I do not yet know with sufficient clearness what I am† (119). Descartes wanted every fact to be proven, and only then could he fully believe that his life was real. Like Plato Descartes thought that the body deceived the mind and soul. He said, â€Å"there exists an extremely powerful, and †¦ malignant being whose whole endeavors are directed towards deceiving me† (120). With such prodigious amounts of deception and fallacies in existence how could purpose within life be found? Sharing a viewShow MoreRelatedBranches of Philosophy8343 Words   |  34 PagesBranches of philosophy The following branches are the main areas of study: †¢ Metaphysics investigates the nature of being and the world. Traditional branches are cosmology and ontology. †¢ Epistemology is concerned with the nature and scope of knowledge, and whether knowledge is possible. Among its central concerns has been the challenge posed by skepticism and the relationships between truth, belief, and justification. †¢ Ethics, or moral philosophy, is concerned with questions of howRead MoreAn Introduction to Intercultural Communication29172 Words   |  117 Pagescommunication? Intercultural communication in its most basic form refers to an academic field of study and research. Its seeks to understand how people from different countries and cultures behave, communicate and perceive the world around them. The findings of such academic research are then applied to real life situations such as how to create cultural synergy between people from different cultures within a business or how psychologists understand their patients. The definition of intercultural

The Things They Carried By Tim O Brien - 1669 Words

Truth has many meanings but the qualities of being a logical and relatable story can stand out to someone. In The Things They Carried, by Tim O’Brien, is a novel that unfolds the truths about the Vietnam war through short stories. The Vietnam war is one of the longest war the U.S. ever participates in which lasted from 1955-1975. Furthermore, through the narration of these stories Tim O’Brien discusses about his feelings and perspective of the war. Also O’Brien writes stories that connects with ventures that has many experiences with war and people who face difficulties. Therefore, The Things They Carried is a collection of true stories because it is logical and relatable to both soldiers and people. â€Å"Enemies† and â€Å" Friends† are relatable and logical because, both people and soldiers experience a situation where there is feud in the midst but eventually dwindle off so trust can form. In â€Å" Enemies† Lee Strunk and Dave Jensen bef riend each other because Strunk stole Jensen s jackknife which turns into an uproar to go into details, â€Å"Lee Strunk and Dave Jensen got into a fistfight. It was about something stupid- a missing jackknife-but even so the fight was vicious†(O’Brien 60). furthermore, in â€Å" Friends†, â€Å"Dave Jensen and Lee Strunk did not become instant buddies, but they learn to trust each other...In late August they made a pact that if one of them should ever got totally funcked up-a wheelchair wound- the other guy would automatically find a way to end it† (Show MoreRelatedThe Things They Carried By Tim O Brien892 Words   |  4 PagesThe Vietnam War was a long, exhausting, and traumatic experience for all of the soldiers and those who came with them. The Things They Carried, by Tim O Brien illustrates the different affects the war had on a variety of people: Jacqueline Navarra Rhoads, a former nurse during the Vietnam war, demonstrates these effects within her own memoir in the book, The Forgotten Veterans. Both sources exemplify many tribulations, while sharing a common thread of suffering from mental unpredictability. DesensitizationRead MoreThe Things They Carried By Tim O Brien1377 Words   |  6 Pageslove to have it as good as we do. Tim O’Brienâ€⠄¢s The Things They Carried discusses many veterans who experience the burden of shame and guilt daily due to their heroic actions taken during the Vietnam War. The book shows you how such a war can change a man before, during, and after it’s over.     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   As I reflect on the many conflicts America has been a part of, none can compare to the tragedies that occurred in The Vietnam war. As told in The Things They Carried (O’Brien), characters such as NormanRead MoreThe Things They Carried By Tim O Brien1457 Words   |  6 Pagesthe theme pertains to everyone regardless of their background. It conveys the same ideas to people from all across our society. Lastly, a classic is timeless, which means it has transcended the time in which it was written. In Tim O’Brien’s novel, The Things They Carried, he offers a new, intriguing way to view war or just life in general and also meets all of the crucial requirements mentioned above to qualify it as a book of literary canon. Though this book is technically a war novel, many peopleRead MoreThe Things They Carried By Tim O Brien1242 Words   |  5 Pagesâ€Å"Tim O’Brien is obsessed with telling a true war story. O Brien s fiction about the Vietnam experience suggest, lies not in realistic depictions or definitive accounts. As O’Brien argues, absolute occurrence is irrelevant because a true war story does not depend upon that kind of truth. Mary Ann’s induction into genuine experience is clearly destructive as well as empowering† (p.12) Tim O’s text, The Things they Carried, details his uses of word choice to portray his tone and bias. Tim O’BrienRead MoreThe Things They Carried By Tim O Brien1169 Words   |  5 Pagesbut are set in the past and borrows things from that time period. A story that fits this genre of literature is The Things They Carried. The story is about Tim O Brien, a Vietnam veteran from the Unite States, who tells stories about what had happ ened when he and his team were stationed in Vietnam. He also talks about what he felt about the war when he was drafted and what he tried to do to avoid going to fight in Vietnam. The Things They Carried by Tim O Brien was precise with its portrayal of settingRead MoreThe Things They Carried By Tim O Brien1004 Words   |  5 Pages Tim O’Brien is a veteran from of the Vietnam War, and after coming home from his duty he decided to be a writer. His work â€Å"The Things They Carried† is about a group of soldiers that are fighting in the Vietnam War. The first part of the story talks mostly about physical items that each soldier carries, and also mentions the weight of the items as well. Though, there is one exception to the list of physical things. Lieutenant Cross is a character of the story, and Tim O’ Brien quickly states theRead MoreThe Things They Carried By Tim O Brien896 Words   |  4 PagesTrouble without a doubt is what First Lieutenant Jimmy Cross c arried around his shoulders because he was out in war, where mistakes happen. Lost and unknown of his surroundings he had to lead his men into safety, while destroying anything they found. First Lieutenant Jimmy Cross only holds onto one thing for hope and that is Martha, the woman who he hopes is a virgin to come back to. Tim O’ Brien introduces symbolism by adding a character that has a meaning of purity and a pebble, which symbolizesRead MoreThe Things They Carried By Tim O Brien Essay832 Words   |  4 PagesSummary: â€Å"By and large they carried these things inside, maintaining the masks of composure† (21). In Tim O’brien’s The Things They Carried, the American soldiers of the Vietnam War carry much more than the weight of their equipment, much more than souvenirs or good-luck charms or letters from home. They carried within themselves the intransitive burdens—of fear, of cowardice, of love, of loneliness, of anger, of confusion. Most of all, they carry the truth of what happened to them in the war—aRead MoreThe Things They Carried By Tim O Brien1369 Words   |  6 PagesMany authors use storytelling as a vehicle to convey the immortality of past selves and those who have passed to not only in their piece of literature but in their life as an author. In Tim O’Brien’s work of fiction The Things They Carried, through his final chapter â€Å"The Lives of the Dead,† O Brien conveys that writing is a matter of survival since, the powers of s torytelling can ensure the immortality of all those who were significant in his life. Through their immortality, O’Brien has the abilityRead MoreThe Things They Carried By Tim O Brien1407 Words   |  6 Pages       Our introduction stated that in â€Å"The Things They Carried,† author Tim O’Brien tells us not directly of the soldiers of Vietnam, or the situations they find themselves in, but about the things they carry on their shoulders and in their pockets. These â€Å"things† identify the characters and bring them to life.   I find that to be true as the author unfolds the stories about war and the uncommon things one carries in to war both inadvertently and on purpose.  Ã‚  Ã‚  As it was noted: Stories about war –

Accounting Research Project Walt Disney Free Essays

| 2012| | Acc: Research Project | [The Walt Disney Company]| Ticker Symbol: NYSE:DIS A brief summary of the company’s products, history, and financial operations over the last year. | General Overview The Walt Disney Company (NYSE:DIS) is one that I have been familiar with my entire life. However, I have never known much about the business side of the company. We will write a custom essay sample on Accounting Research Project: Walt Disney or any similar topic only for you Order Now It was founded in 1923 by Roy and Walt Disney, who came to Hollywood from Kansas City, Missouri. Walt and Roy produced a short animated film series that became known as the Alice Comedies. The small studio in which they worked was outgrown and replaced by a larger facility, where they became Disney Bros. Studio (Disney Archives). In 1928, Mickey Mouse was born, followed by Pluto, Goofy, and the rest of the Disney gang, and the Disney Brothers Studio became the Walt Disney Studio. Disney’s first full-length animated film came out in 1937. Snow White and the Seven Dwarfs became the highest grossing film by 1939 and the first animated feature film ever produced (studioservices. go. com). During World War II, production was slow, and Disney was contracted into creating propaganda films to endorse the war and boost morale on the home front. However, in 1950, Cinderella revived the company and the Walt Disney Productions theme park plan was set in motion, opening Disneyland in 1955. Walt Disney died in 1966 of lung cancer (age 66), and his brother Roy took over as chairman, CEO and president. The Walt Disney World Resort opened in Orlando, Florida in 1971, and Disney began to make its way into live-action films. Since then, the Walt Disney Company has made its name in the family and entertainment business, becoming one of the largest and most influential companies worldwide, owning markets in China, Japan, North America, Europe, Africa, the Middle East, Australia, and Russia. The company headquarters is located in Burbank, California, headed by Chairman and CEO Bob Iger, who ook over the company in 2005 and acquired other such productions as Pixar (2006), Marvel Entertainment (2009), and Lucasfilm (2012) (thewaltdisneycompany. com). As well as owning several media networks, hotels and resorts, Disney Consumer Products, according to the company’s website, is the business segment of The Walt Disney Company and its affiliates that extends the Disney brand to merchandise ranging from apparel, toys, home decor and books and magazines to foods and beverages, stationary, electronics and fine art. This is accomplished through a franchise-based licensing organization focused on strategic brand priorities, including:  Disney Classic Characters Disney Baby; Disney Live Action Film; Disney Media Networks Games, Disney Pixar Animation Studios; Disney Princess Disney Fairies;  and  Marvel. Other businesses involved in Disney’s consumer products sales are Disney Publishing Worldwide, the world’s largest publisher of children’s books and magazines, and  www. DisneyStore. om  and  www. DisneyStore. co. uk, the company’s official shopping portals. The Disney Store retail chain, which debuted in 1987, is owned and operated by Disney in North America, Europe, and Japan (thewaltdisneycompany. com). In recent news, Netflix announced on December 4, 2012 that it has signed a multi-year deal with The Walt Disney Company. According to the article by Ramon Aranda, this will give Netflix the exclusive rights to run feature films available for users to w atch instantly. Ted Sarandos, Chief Content Officer at Netflix said, â€Å"Disney and Netflix have shared a long and mutually beneficial relationship and this deal will bring to our subscribers, in the first pay TV window, some of the highest-quality, most imaginative family films being made today†¦ It’s a bold leap forward for Internet television and we are incredibly pleased and proud this iconic family brand is teaming with Netflix to make it happen. † The article also states that the financial terms of this agreement have not been disclosed. Another recent event for the company was the purchase of the Star Wars franchise Lucasfilm for four billion dollars at the end of October. 100 percent owned by founder George Lucas, an article in USA Today says Disney received the empire at a cost of $4 billion, 40 million Disney shares, and a year and half pursuit. This amount of shares makes Lucas the company’s second largest non-institutional shareholder of Disney, after the trust of Steve Jobs (Krantz, Matt, et. al). The article goes on to note that this deals marks Disney’s fourth largest deal ever, after Capital Cities/ABC (1995), Pixar (2006), and Fox Family (2001). Disney plans to expand on the Star Wars film schedule. CEO Bob Iger said, â€Å"our long term plan is to release a new Star Wars feature film every two to three years,† beginning with Episode VII hopefully releasing in 2015. George Lucas will serve as a creative consultant, but plans to retire, saying, â€Å"For the past 35 years, one of my greatest pleasures has been to see  Star Wars  passed from one generation to the next. It’s now time for me to pass Star Wars on to a new generation of filmmakers† (Krantz, Matt, et. al). The current price per share of the company’s common stock is $48. 67. This number has fluctuated a bit over the last year, but has remained mostly close to the recent price. The lowest price over the last year has been $34. 52, with the highest price at $53. 40 (thewaltdisneycompany. com). Financial Status (2012) According the company’s most recent accounting statements (2012 fiscal year), total assets equaled $74,898; total liabilities equaled $32,940, and the total equity for the year totaled $41,958 (in millions). $74,898 = $32,940 + $41,958 The company earned a net income of $5. 682 billion, an eighteen percent increase from the previous year. The earnings per share during the year 2012 increased 24 percent to $3. 13 from $2. 52 the prior year. Earnings per share is important because it is a measure of a company’s profitability. It is one of the most closely watched financial ratios in the business world. The revenues for The Walt Disney Company totaled $42. 278 billion, a 4 percent increase from the previous year. Two of Disney’s competitors, News Corp. and Time Warner Inc. have revenues that fall significantly lower than this corporate giant, with News Corp. revenues totaling $33. 88 billion and Time Warner Inc. at $28. 76 billion. Disney’s current assets total $13. 709 billion, with current liabilities totaling $12. 813 billion. The current ratio: 13. 709/12. 813 = 1. 07. The current ratio generally shows the ability of a company to pay back debts. However, if a company is good at managing and pl anning cash flows, a low number does not necessarily mean they cannot pay back its debts on time. This number has decreased compared to the previous year, which had a current ratio of 1. 13. Disney’s long-term assets include film and television costs, investments, parks, resorts, and other properties (attractions, buildings, and equipment), projects in progress, land, intangible assets, and goodwill; 82 percent of Disney’s assets are long-term. Compared to prior periods, these assets have increased (approximately $2 billion more than 2011). In addition, The Walt Disney Company calculates depreciation using the straight-line method. The long-term liabilities of The Walt Disney Company total $20. 127 billion, or 61 percent of the total liabilities, compared to 63 percent of total liabilities in 2011. Disney has over one trillion shares in circulation currently, both of preferred stock and common stock outstanding. The company saw an increase in cash and cash equivalents of $202 million, giving Disney an end of year balance of $3. 387 billion, compared to the $3. 185 billion from the previous year. According to Disney’s report, cash provided by operations increased 14 percent compared to 2011. The increase in cash provided by operations was due to â€Å"higher segment operating results and the timing of and improved receivable collections, partially offset by higher income tax payments, the payment of interest accrued in prior years on Disneyland Paris borrowings, and higher film production spending† (thewaltdisneycompany. com). Disney uses the average-cost method in order to calculate inventory, stating, â€Å"Inventory primarily includes vacation timeshare units, merchandise, materials, and supplies. Carrying amounts of vacation ownership units are recorded at the lower of cost or net realizable value. Carrying amounts of merchandise, materials, and supplies inventories are generally determined on a moving average cost basis and are recorded at the lower of cost or market. † Only a small portion of the total assets is represented by inventory. In 2012, the inventory only accounted for 2 percent of the company’s total assets, which is consistent with the 2 percent of total assets in 2011. Work Cited A History of The Walt Disney Company. † Disney 23. Web. 12 Dec. 2012. ;http://d23. disney. go. com/archives/a-history-of-the-walt-disney-company/; Aranda, Ramon. â€Å"Netflix Announces Multi-Year Agreement with The Walt Disney Company. †Ã‚  examiner. com(2012): n. pag. Web. 13 Dec 2012. ;http://www. examiner. com/article/netflix-announces-multi-year-agreement-with-the-walt-disney-company;. Disney Studio Services. â€Å"The Walt Disney Studios History. † Web. 12 Dec. 2012. ;http://studioservices. go. om/disneystudios/history. html; Krantz, Matt, Mike Snider, Marco Della Cava, and Bryan Alexander. â€Å"Disney buys Lucasfilm for $4 billion. â€Å"USA Today. 30 2012: n. page. Web. 16 Dec. 2012. ;http://www. usatoday. com/story/money/business/2012/10/30/disney-star-wars-lucasfilm/1669739/;. The Walt Disney Company. Annual Report: The Walt Disney Company Reports Fourth Quarter and Full Year Earnings for Fiscal 2012. Burbank: The Walt Disney Company, 2012. 15 Dec. 2012. ;http://thewaltdisneycompany. com/; How to cite Accounting Research Project: Walt Disney, Essays

Single-Use Plans free essay sample

Plans developed for activities that are not likely to be repeated in the future are called single-use plans (programs and projects). This can apply in many businesses. Can you think of a good example of this used recently? are there always positives when using single-use plans or can they sometimes backfire? And if a single use plan is very successful, is it possible that it might be used again? Do single use plans lose their effectiveness after one use? Responses: 1. Wouldn’t a budget be a single-use plan? Setting a budget for the month or year is usually a project a manager has to work on for some time, since they are asked to predict what they will need to run a business effectively. This type of plan, along with any type of plan, can have positive and negative feedback, which would then leave the level of success to depend on the effectiveness of solving the problem. We will write a custom essay sample on Single-Use Plans or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page If a plan, a budget, or a project has positive results the ideas will usually be remembered by someone in the company, giving it the potential to be used or incorporated in other projects. But as for duplicating the exact plan, I don’t think any plan is exactly duplicated, plans tend to need a little adjusting to fit the needs of the situation that is arising. 2. yes I agree with you erin because the thought occurred to me that if businesses copied their competition their business would be in terrible shape because they would be using the same plan as their competitor hich would not make any sense. this also makes me think that using the same plan over and over would be ineffective eventually.. do to the fact that in the world today, innovation is replacing tradition. 3. An example of a single-use plan would be the Business Administration bus trip to a local business. That could be considered a project/program. It is repeated though, but in different forms each time. I think the whole concept of single-use plans though means just as it state, to use it once. I find it self-explanatory. A presidental campaign could be considered a program. It is something you will more than likely only do once and put alot of effort into. Single use plans might lose effectiveness, but if you were using the plan repeatedly it wouldnt be considered a single use plan. I think its all about what prospective you have on the term itself.