Acc 306 Week 2 Dq 2 Ethics Case 15 4 Ash Course

“The growth in General and Administrative expenses is due to increases prototype expenses, increases personnel and related salary and benefit costs to support our expansion, and other cost increases necessitated by the growth of the company.”¹

* Accumulation of costs exceeds the amount expected for acquisition or construction of the asset

AMC Theatres has been an innovator in the movie theater business for more than 50 years. The chain presents one-of-a-kind specials and film offerings in state-of-the-art theater accommodations. Over the years, the chain has acquired numerous other chains, as well as acquired themselves by a large Chinese company, in turn giving the chain more than 663 theaters across the United States and China. Here are 9 interesting facts about AMC Theatres.

Concession sales and ticket sales are the two biggest sources of revenue for a movie theater. Both continue to increase in cost to the consumers and may have reached a price point that is starting

Revised: August 28, 2002 In April 2001, Matt Heyman, co-founder of Cinemex, the largest chain of movie theaters in Mexico City, looked out the window of his office and pondered the future of his company. In just seven years, Heyman and his partners had nurtured Cinemex from a student idea into the largest theater chain in Mexico City, but they faced new challenges every day. Many of these challenges came from competitors. For years competitors ran old, poorly-maintained theaters, but in recent months they had begun to imitate Cinemex’s top-of-the-line exhibition venues. Their latest tactic: offering two tickets for the price of one on Wednesdays. Heyman wondered whether Cinemex should

Using the data for 2013, determine the average useful life of Everett 's non-current assets

Depreciation is required for assets with future economic benefit or service potential by FASB. This does not include land used as a building site or historical treasures. Historical treasures are defined as assets with historical value that is preserved perpetually or assets with service potential that the NFP has the ability to protect (and is currently protecting). Fixed assets such as office equipment, building for operations, etc. are depreciated over the useful life. For example, Millersville University depreciates their laboratory and audio/visual equipment over a useful life of 7 years (Millersville University, 2015). These assets are also subject to impairment-testing.

The company has interesting attributes that bolster their mission to create “smiles”. AMC was the first movie theatre chain to include stadium seating, able to fit more customers comfortably. In addition to this, they were the original theatre chain to incorporate options into their theatres. AMC’s founder, Stanley Durwood, is responsible for kickstarting the multiplex theatre industry. He felt AMC ‘s customers were at a disadvantage with just one theatre. He began renovating theatres to have several auditoriums, rather than one major one. When the idea proved to be

The Securities and Exchange Commission (SEC) found that Bally Total Fitness Holding Corporation, a nationwide commercial operator of fitness centers, fraudulently accounted for three types of revenues it received from members. The SEC also charged the audit firm and six partners for their roles in the accounting violations. Visit the SEC’s website (www.sec.gov) and search the link to “Litigation

Competition between theaters often comes down to distance from home, convenience of parking and proximity of restaurants. Innovations by one theater chain are quickly adopted by others. The differing approaches of the theater chain companies are reflected in their cost of fixed assets per screen.

With the economy in a decline, Cineplex may not be making their annual quota and can be experiencing changes in their revenue stream. Although, data has shown that movie theatre attendance has not been negatively affected by economic downturns over the past 25 years, Cineplex should still monitor economic conditions that pose a threat to their business (Cineplex, 2016, p.38). Cineplex continues to advance and require “efficient access to capital in order to fuel growth, execute strategies, and generate future financial returns” (Cineplex, 2016, p. 39).

The corporation ‘Film 2011’ is specialised in the entertainment industry and provide cinema halls. The directors’ are interested in expansion of this business UK wide chain of cinemas. For this 3 cinema chains A, B, C are assessed for their performance and a random sample of 128 cinemas in England, Scotland and Wales was selected. Chain A specially provide pass for 4-8 weeks. The director’s claim was that the average total monthly sale of all cinemas is approximately £285,000. He was also interested in any other useful information which will help in expansion and increase in sale of corporation ‘Film 2011’. So, our main objectives are:

This case presents a very typical situation that people encounter while working in the corporate environment. What is ethical, what is morally correct and what is just right out against the law are the questions that we all face while working in a corporate environment. Some of the ethical questions are governed by the law facing the situation. For example while working in an investment bank you most probably have access to inside information about upcoming deals that one could possibly use for personal monetary gain or you could act as a tippie and possibly share that confidential information with others. This kind of a situation is definilety governed by the law and you can actually be charged with various

2. Sacrificing long term relationships with theater-goers for the increase in short term profitability (commercials, etc…)

Also, can these methods be done without making pricing for the theater experience too unappealing to lower-middle class individuals, so they are getting their money’s worth? The aim of this study will be to getting these questions answered by a group of individuals who live in the Santa Monica area, where the AMC at The Promenade is located.