Kamerzell Case 12

Sparkle Company is a Nigerian diamond mining company. Sparkle is a joint venture, 50 percent owned by Shine and 50 percent owned by Brighten. Both Shine and Brighten are U.S.-based companies with their functional currency being the American dollar. Sparkle Companies functional currency is that of Nigeria, being the Naira. During 2009, Sparkle had several transactions with its joint venture owners and outside parties. The details of Sparkle’s transactions are three loans, three expenditures, and one revenue stream. The loans the company took out were $1 million from Brighten, $1 million from Shine, and 300 million Naira from a local Nigerian bank. The expenditures

have evaluated the City of Haltom’s Annual Budget for Fiscal 2016 budget using the Government Finance Officers Association (GFOA) recommended budget practices. The Annual Budget was reviewed under four major categories which are as follows: policy document, financial plan, operations guide, and communication device. Using the GFOA awards scale my rating of the budget for each individual category and the budget as a whole is a 4 (outstanding). The City of Haltom has received the GFOA Certificate of Achievement for fiscal years 1987-2014. The budgets prepared for submission have been recognized with the GFOA Distinguished Budget award annually since 1989 with exception of one year. The City continues to participate successfully in these two programs and follow mandatory and non-mandatory guidelines of the GFOA. The City of Haltom Budget is very transparent and provides a great deal of information to its citizens whom the city views at the top of the organizational chart for the city. The City’s budget for FY2016 appears to continue to conform to the GFOA program requirements and upon submission of their budget I have no doubt their budget for FY 2016 will receive a GFOA Distinguished Budget award.

This memo is intend to present appropriate treatment of the ARO estimation problem experienced by the Lack of Information (LOI) based on the findings from interviews with all 50 of the warehouse managers and on-site visits at each of the 50 locations of its warehouses countrywide. The onsite observations search for any evidence of damages in both the on-site property like the roof, walls, floors and general conditions. The interview with the managers obtains information about the characteristics of the warehouses that are not readily observable. The information obtained is very important in the preparation of the fiscal

ASC 320-10-35-33F: “Changes in the quality of the credit enhancement should be considered when estimating whether a credit loss exists and the period over which the debt security is expected to recover.”

9. Under topic 835-20 (Capitalization of Interests), what amount of interest may initially be capitalized as part of the initial investment of an asset, for certain qualifying assets? How should a company determine its “capitalization rate” for capitalizing interest?

Chief Deputy District Attorney Jonathan Kurland 633 Court Street, Reading, Pa. 19601 (610) 478-6000 was advised of the identity of Investigator Sean P. Brennan and of the confidential nature and purpose of the interview, Kurland, provided the following information:

The relaxation of credit standards is expected to result in a 3.8% increase in sales (the firm has sufficient excess capacity to handle the increase) as well as an increase of three days in the average collection period. They also expect bad debts to rise from the current level of 0% to 0.5% of sales. Assuming that BB requires a 13% return on investments of this type, should the firm relax its credit standards?

All departments of the City are required to submit requests for appropriation to the Finance Department on or before the first week of January each year. The Finance Department uses these requests as the starting point for developing a proposed budget. The government’s manager then reviews this proposed budget and makes adjustments to be presented to the Council at the annual budget retreat held at the beginning of March. The Council then makes any suggestions or changes in programs and policy and instructs staff to provide a budget document by the end of April, sixty days prior to the beginning of the fiscal year ("City of North Myrtle Beach," n.d.). Council then holds a public hearing and as soon thereafter as possible, adopts a budget and passes a tax levy ordinance and such other ordinances as may be required for accounting and budgetary control ("City of North Myrtle Beach," n.d.). Budget-to-actual comparisons are provided in this report for each individual governmental fund for which an appropriated annual budget has been adopted ("City of North Myrtle Beach," n.d.).

Financial management in healthcare is the class I am taking as part of my bachelor’s degree. I am required to write a report on the budget of the department I work at. Attached spreadsheet shows what information I need. I will be grateful, if you can provide some information about current budget. I understand you are very busy, whatever you can provide will be a big help.

Superintendent Mary Kamerzell gave an update on the FY18 straw budget. There were no proposed changes since the governing board reviewed it on May 9. Dr. Kamerzell informed board members that at the June 13 regular board meeting there would be two minor adjustments to the budget that will include information on property liability premiums and substitute costs for their consideration and possible adoption.

1. Describe clearly the accounting changes Harnischfeger made in 1984 as stated in Note 2 of its financial statements.

Thursday, Chemung County Executive, Tom Santulli, presented the $188,866,724 proposed 2017 budget. The budget calls for an overall increase of nearly $8 million compared to 2016. The proposal also recommends a General Fund Tax Levy of $29,146,582, which is an increase of half a percent since last year. More than $38 million of the budget will go to the state for mandated programs such as medicaid and child welfare.

Secondly, the economic component of the analysis that can impact Kid Kruiser centers around economic issues faced by the company, for which it is not immune. Consequently, economic factors such as a high unemployment rate can cause parents to eliminate using the services offered by Kid Kruiser given the need to save for necessities. Subsequently, since consumers spend less during an economic downturn, brought on in part by losing jobs or worrying about it happening, this causes a ripple effect. For instance, a reduction in consumer spending regrettably causes parents to give suspends services related to child transport since an unemployed parent at home can do the same task. Regrettably, this causes business like Kid Kruiser to lose sales

Mueller-Lehmkuhl (ML) was a German producer of apparel fasteners. Apparel fasteners are used in the garment industry. ML had been producing apparel fasteners since the late 19th century. In recent years, they had achieved technological superiority which resulted in high margins for their products. ML valued reliability of their products and fast service to their customers. However, competition and domestic market saturation in the 1980s led ML to a crossroads in which they needed to decide how they would maintain domestic market leadership and while expanding to new markets.

At table 55 sat Beck, my ex. Actually, he was a wonderful man with brown eyes, dark brown hair, and he was tall and muscular. The perfect man, anyone can dream of. But it didn't work with us both. I myself did not even know whether I still had feelings for him. Nevertheless, it tingled always in my stomach when I saw him. Like now. Had I still feelings for him? I didn't know it. Everything was so complicated. This profession was not the easiest. I always saw someone from my past. There was once Briley the bitch from my high school. Once, she dated Beck and came in here only to provoke me and they were kissing in front of my eyes. I still hated her. I couldn't stand her and will never do it. Fortunately, all of this was over now.