Impending Decision

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

According to the Washington Post, FedEx has decided not to renew an important domestic contract that may affect express delivery of Santa’s presents. Questions: What issue does this decision highlight? What percentage of FedEx’s revenue did Amazon’s business provide? What type of reliance does Amazon have with FedEx? What type of history does Amazon have… Read more »

Maybe a way to save U.S. shopping malls

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Teenagers from Gen Z keep confounding Corporate America. And as Bloomberg points out, they may hold the key to saving U.S. shopping malls. Questions: As opposed to a three-month period in 2018 when 75 percent of millennials and 58 percent of Gen X’ers went to shopping malls, what percentage of Gen Z frequented these physical… Read more »

Biggest Ever!

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Cyber Monday proves to be the biggest shopping day ever! Because of this, according to Bloomberg, Cyber Monday may provide a big revenue boom for state and local governments. Questions: 1. What is the reason for the big revenue boom for state and local governments? 2. According to Kroll Bond Rating Agency, how much revenue… Read more »

New Class Action Lawsuit

Posted by & filed under Accounting Information Systems, Accounting Principles, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting.

Zillow, the number one online real estate website, is facing a $5 million class action lawsuit for intimidating employees to skip meals and work long hours without pay. Questions: 1. Who was Zillow’s top competition and how much did Zillow pay to buy the company? 2. Would this acquisition be reported on the Statement of… Read more »