Archive for June, 2011
Fannie Mae silence on Taylor Bean led to US$3B fraud
Fannie Mae silence on Taylor Bean led to US$3B fraud
Despite discovering 200 loans acquired from Taylor Bean were bogus, Fannie Mae officials never reported the fraud to law enforcement or anyone outside the company. It led to the ‘largest bank fraud schemes’ in U.S. history
Read more on National Post
Oakajee in doubt as Sinosteel pulls Mid West project
Oakajee in doubt as Sinosteel pulls Mid West project
The troubled billion-dollar Oakajee port project has been all but sunk after one of the Mid West iron ore hopefuls lined up as foundation customer for the infrastructure pulled the plug on its mine development.
Read more on thewest.com.au
Real Estate Weekly: Tech park for Hagerstown, jobs for Pikesville, personnel and leases
Real Estate Weekly: Tech park for Hagerstown, jobs for Pikesville, personnel and leases
Tech park for Hagerstown A Western Maryland-based economic development group said it purchased 173 acres for a technology business park in the Hagerstown area. The Hagerstown-Washington County Industrial Foundation said Wednesday it bought the land between Hagerstown Community College and the Meritus Medical Center from Pennsylvania-based Diakon Senior Living for about $3.5 million. The property …
Read more on The Daily Record
As a financial officer, you must determine which project your company should accept?
As a financial officer, you must determine which project your company should accept. The projects are mutually exclusive and the net present value (NPV) calculations for each take into account the project’s risk. Indicate which project (A or B) you would recommend and explain your reasons for this recommendation.
Project A Project B
NPV $3 million $2.5 million
Risk level very risky very safe
Asia to Lead Spending for 2011-13 Refining Capital Project Starts, an Industrial Info News Alert
Asia to Lead Spending for 2011-13 Refining Capital Project Starts, an Industrial Info News Alert
KOFU-SHI, JAPAN–(Marketwire – 06/15/11) – Researched by Industrial Info Resources East Asia (Kofu-shi, Japan) — Over the next two years, global spending for capital refining project starts could reach more than $450 billion. Asia is projected to lead in spending, followed by South America and the Middle East. Industrial Info is currently tracking 105 refining capital projects in the market …
Read more on Marketwire via Yahoo! Finance
Does anyone know where to find a completed accounting worksheet?
im working on a project for my accounting class and i need a reference on how to do the income statement and thats the only part i can not remember but i do know how to do the rest but the income statement is crucial…. its mainly the finding the federal income tax expense…. i would use my book but i was in a rush and left it in my locker so if someone knows a website that i could get the info from i would be really happy
Accounting Final Project Please Help!?
Heres the question, I’m trying to Journalize it in the General Journal.
Adjustments:
Motha’s Day Care has provided services to the social agency for a total of 15 days during the month of April. On each of those 15 days 3 of the social agency’s children were serviced. The social agency has not sent the payment yet. (April 30th)
Agreed to provide service for an social service agency at a daily rate of 25$/child w/ payment due on the 30th of each month.
OK I know that I will be Debiting 1,125 and Crediting 1,125 but I don’t know in which account please help!
China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2011
China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2011
China Cord Blood Corporation , China’s leading provider of cord blood collection, laboratory testing, hematopoietic stem cell processing, and stem cell storage services, today announced preliminary unaudited financial results for the fourth quarter and fiscal year of 2011, which ended March 31, 2011.
Read more on PR Newswire via Yahoo! Finance
Best Practice Case Studies in Paperless Invoicing and Digital Submittals to Be Presented at EDSymposium11
Best Practice Case Studies in Paperless Invoicing and Digital Submittals to Be Presented at EDSymposium11
Panelists to Discuss Real-World Experience Leveraging Office and PIM Software to Streamline AEC Project Delivery Work Processes
Read more on Marketwire
Complete the Comprehensive Problem-Perpetual. In this project, follow the steps of the accounting cycle?
to process given transactions in a business environment. Then, synthesize special journals, a trial balance, financial statements, and a post-closing trial balance.
ï‚· Use the spreadsheet in Appendix C available on the student web page to complete the problems. Be sure to use the tabs labeled P07C and Given P07C. CHOI ENTERPRISES