Posts Tagged: EPS

Good and Bad News Monday

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to Market Insider, Estee Lauder announced in conjunction with its quarterly results that it would be laying off between 3% and 5% of its staff in order to reduce its expenses. Questions: Source: Ramer, L. (2024). Estee Lauder Layoffs 2024: What to Know About the Latest EL Job Cut. Market Insider, Feb. 5 (Retrievable… Read more »

The GE Plunge

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General Electric Co.’s stock has tumbled the most it has seen in six years. This is due to a deteriorating outlook stoked by fears that the company will cut its dividend for only the second time since the Great Depression. Questions: 1.What is causing the drop, according to Jeff Windau, an analyst at Edward Jones?… Read more »

The Dirty Little Secret about Big Pharma

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As the New York Times reports, when Big Pharma companies are under fire for skyrocketing drug prices, they would like you to believe that prices have to be so high to support research and development (R&D). But is that the truth? Questions: 1. What did the authors of the new study find that the 18… Read more »

No more breakfast!

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All-day breakfast is beginning to lose its novelty for McDonald’s Corp. Questions: 1. What happened to last quarter’s domestic same-store sales? 2. In your opinion, what will be McDonald’s next big source of growth? 3. Are the profit potentials the same for McDonald’s globally? Explain. Source: Giammona, C. (2017). McDonald’s All-Day Breakfast Push No Longer… Read more »

Cell Phone Worries

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According to the Washington Post, Samsung is suspending production of its Galaxy Note 7 replacement phones after more reports of fires in South Korea and the United States. Questions: 1. According to the article, what major U.S. carriers are suspending sales or exchanges of the troubled device? 2. How many fires have been reported so… Read more »

Mylan Settles with the Government

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According to the New York Times, Mylan, the maker of the allergy treatment EpiPen, said Friday that it had reached a $465 million settlement with the Justice Department and other government agencies over questions on whether the company had overcharged Medicaid for the treatment by improperly classifying it as a generic drug. Questions: 1. What… Read more »

What’s going on with Walmart stock?

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, International Accounting, Managerial Accounting, Video Updates.

The four members of the Walton family controlling more than half the shares of Wal-Mart Stores Inc. had $11 billion of their combined net worth evaporate Wednesday as shares of the retailer plunged on a lower earnings outlook for the coming fiscal year. Questions: 1. Who are the four Waltons that the article is talking… Read more »

Company Profile: Weight Watchers International Inc.

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized, Video Updates.

Weight Watchers’ CEO talks about keeping the company trim and profits healthy. Weight Watchers International, Inc. (WWI) is a consumer company and the provider of weight management services, operating through a network of Company-owned and franchise operations. Questions: 1.  According to the video, how much do consumers pay for Weight Watcher products? Discuss whether you… Read more »