Accounting for Coronavirus

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According to the Washington Post, some companies are adopting an innovative approach to accounting for the impact the coronavirus pandemic has had on their earnings: they’re leaving it out. Questions:  What is Ebitda and why is it so important? How does Ebitdac work? Who’s using it? What is your opinion of this practice? Source: Lindell,… Read more »

Closing its Doors

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According to the New York Times, the famed discount department store, Tati in Paris, is closing its doors. Questions: Why is the store so famous? Why is the store closing? Who is the owner of Tati? What store in the U.S. would you compare Tati to, based on the article description? Source: Nossiter, A. (2020)…. Read more »

Can you keep up with the algorithm?

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Accounting Today has an article warning remote workers about the new start-up called Enaible. Questions: What does Enaible do? How do they measure it? What type of score is measured with “Trigger-Task-Time?” Do you agree with this type of monitoring? Why or why not? Source: Marks, G. (2020). Spying on remote workers, and other tech… Read more »

Turns Out: Low-Tech, Simple and Likely Cheaper Masks are Better in Some Respects

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According to the Washington Post, face masks with the coin-sized valves on the front may not be as good at preventing the spread of the novel coronavirus as the seemingly lower-tech, non-valved masks. Questions: Why are the lower-tech masks better at preventing the spread of COVID-19? Do medical masks have the valves? What does the CDC recommend… Read more »

First Bad News about Chuck E. Cheese, Now Broadway- Oh No!

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According to the Washington Post, the shutdown of Broadway’s 41 theaters will continue at least until Jan. 3. Questions: Why is Broadway so important to New York’s economic health? What will happen to ticketholders for shows up to and including January 3? What percent of tickets for commercial productions in 1,000- to 2,000-seat theaters must… Read more »

What a Sad Day: Say It Ain’t So!

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According to the Dayton Daily News, the parent company of Chuck E. Cheese has filed for Chapter 11 reorganization bankruptcy “in order to overcome the financial strain resulting from prolonged COVID-19 related venue closures” and to restore the kids-entertainment-and-pizza chain to a position of long-term success, according to a release from CEC Entertainment, Inc. All across… Read more »

New York City Eviction Rates Will Soar Soon

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According to the New York Times, eviction cases are expected to soar in New York City as housing courts reopen and landlords seek to recoup income lost during the pandemic. Questions: What is the estimate of how many eviction actions will be filed in New York City’s housing courts in the coming days? In addition… Read more »

Does This Situation Seem to be Ethically Correct During a Pandemic?

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  HCA Healthcare, one of the world’s wealthiest hospital chains, earning more than $7 billion in the past two years and worth $36 billion, paid its chief executive $26 million in 2019. However, as the pandemic spread across America, HCA did not provide adequate protective gear to medical staff, froze wages for nurses, and has… Read more »

More Easing of the Rules

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More easing of the rules The Food and Drug Administration has temporarily loosened labeling and information rules for food manufacturers for the fifth time during the novel coronavirus pandemic. Questions: Why were the rules eased and what do advocacy groups fear? What rules were eased? According to the article, what type of food disruption have led to… Read more »