Yummy!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

A team of scientists is hard at work behind the scenes to make meat by developing cell lines of various species of animals. Hampton Creek (now called JUST) is among a handful of startups with the goal of bringing “clean meat” and other cultured animal products into the mainstream. Questions: 1. What is the value… Read more »

Amazon can find you

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Amazon has patented designs for a wristband to be worn by warehouse employees that can precisely track where they are placing their hands and even use vibrations to nudge them in different directions. Questions: 1. What type of tracking is used? 2. What type of security implications do these bracelets have? 3. What was the… Read more »

Wanted: Someone to handle my cash

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Personal assistants are the cash handlers for many celebrities, a job that rarely comes with any sort of Hollywood glamour. Questions: 1. According to the article: “…the longer someone has been famous, the less ________________________. Complete the sentence and discuss the implications. 2. What was the most interesting thing you learned from this article? 3…. Read more »

Big Business for Kids’ Sports

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According to Time, a range of private businesses are mining deep, do-anything parental love for kid’s who want to train to pursue sports at the national level. The U.S. youth-sports economy–includes everything from travel to private coaching to apps that organize leagues and livestream games; it is now a $15.3 billion market, according to WinterGreen… Read more »

Hurricane Harvey cruises

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As Hurricane Harvey begans to bear down on Texas, thousands of vacationers aboard cruise ships were left stuck at sea until the storm passed. Questions: 1. Approximately how many vacationers were stuck at sea near Galveston, Texas? 2. If guests wished to terminate their cruise, where were they taken to dock? 3. If you were… Read more »

Bachelor Parties and Millennials

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According to Time magazine, millennials spend an average of $1,532 to be a guest at a single weekend for a bachelor party. Questions: 1. How much on average do millennials spend to be a guest at bachelorette parties? 2. How much on average do millennials spend on the big day of the wedding? 3. Does… Read more »

Is this fraud?

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According to Bloomberg, “CVS Health Corp. and Walgreens Boots Alliance Inc. were sued by California customers who accused the drugstore operators of charging co-payments for certain prescription drugs that exceed the cost of medicines.” Questions: 1. What do Schultz’s and Grabstulz’s lawsuits claim in specific terms? 2. Cases have also been filed against which health… Read more »

What would you do?

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According to the Washington Post, the residents of Presidio Terrace, which is an oval-shaped privately owned street commonly known as one of the most exclusive communities in San Francisco, learned the that someone could buy their entire street. Questions: 1. Why was it possible to own Presidio Terrace? 2. How many bidders did Ms. Lam… 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 »

Amazon and the 30 hour work week

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According to the Washington Post, the U.S. online retailer, Amazon, will try out teams that log 30-hour work weeks. But here is the catch: employees will receive the same benefits as those putting in 40-hour weeks, but get three-quarters of the pay. Questions: 1. Will this change be company-wide? 2. Last year the New York… Read more »