Big Deal

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

According to Reuters, Aetna Inc’s board of directors approved the U.S. health insurer’s sale to drugstore chain operator CVS Health Corp for approximately $207 per share in cash and stock. As such, this $69 billion deal will be the largest corporate acquisition. Questions: 1. What will Aetna shareholders receive? 2. What will happen to Aetna’s… Read more »

Program at a Standstill!

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

According to Mother Jones, in 10 months, the Trump administration has yet to approve a single claim to help defrauded students of such for-profit colleges as Corinthian or ITT. Questions: 1. Who is now calling on the Department of Education to resume helping students who borrowed loans from the fraudulent for-profit colleges? 2. Approximately how… Read more »

Walmart Gaining on Amazon!

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According to the Washington Post, Walmart, which has worked hard to shed its image as an old-school retailer, recently offered proof that its efforts are working: Online sales rose 50 percent, the company said, as more Americans flocked to Walmart.com for everyday items. Questions: 1. After the announcement about the increase in online sales, what… Read more »

The Movie Thor Rocks!

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“Thor: Ragnarok” rocked the box office for the second weekend in a row. Questions: 1. What was the movie’s competition? 2. Who stars in the movie? 3. How much has the box-office success taken in since opening? 4. Research this one: How does accounting in the movie industry vary from other industries? Source: Staff. (2017)… Read more »

Vulnerable for a Takeover?

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Broadcom LTD made an unsolicited $103 billion bid for Qualcomm to set the stage for a major takeover of the chipmaker and dominate the market of semiconductors used in mobile phones. Questions: 1. What is Qualcomm’s take on this bid? 2. Would this deal cause a monopoly? 3. What are the terms of the deal?… Read more »

What a Business Model!

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In 2008, a thriving company named Science Care Inc developed a 55-page national expansion plan. Read what happened! Questions: 1. What was the company’s goal? 2. What company did Science Care Inc. model? 3. How much did the company earn From 2012 through 2014? 4. If a person donates a whole body when they die,… Read more »

Good Bye Old Friend!

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According to Axios, Sears and Whirlpool are severing ties after a 101-year relationship. You will no longer be able to buy Whirlpool appliances at Sears, but Whirlpool will still make Kenmore appliances for the firm. Questions: 1. Why does this matter? 2. What other relationships has Sears changed in the recent past? 3. What did… Read more »

What’s Degree Inflation?

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According to Axios and a new report out by Harvard, a growing number of U.S. employers are requiring bachelor’s degrees for jobs that have long been performed by workers without them. This is contributing to a rise in income inequality through “degree inflation.” Questions: 1. Why does this matter? 2. What are the costs of… Read more »

Navient – Student Loan Corp. Look Out!

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The call has gone out for the U.S. Securities and Exchange Commission to investigate possible insider trading of shares of student loan company Navient Corporation. Questions: 1. Who has asked the SEC to do this? 2. Why do the Senators suspect this? 3. What are the implications of the details surrounding the trades? Source: Nasiripour,… Read more »

Are all offices made equally?

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First, we had individual offices, that morphed into cubicles and open floor plans. And now we have a “palette of places,” according to the New York Times. Questions: 1. What is the reasoning behind these new desk places? 2. How could these be tweaked as needs change? 3. Where are the most aggressive makeovers happening?… Read more »