Economics Essay Examples

How much do you really want to make? Many would love to make millions of dollars and do nothing to earn it. However, there are many who could care less about how much they make, and view it as a necessity for living and not as a luxury. Doctors come to a standstill when they […]

Executive Summary The New York Metropolitan Museum of the Art is a non-profit institution with an established history as a behemoth of the artistic world. It was founded and maintains today the mission of “establishing and maintaining in the city of New York a museum and library of art, of encouraging and developing, the study […]

The budgeting process employed by Peters Corporation is discussed in terms of its contribution to the failure to achieve the president’s sales and profit targets. The first issue lies with the president setting targets for total dollar sales and net income before taxes for the next year. Subsequently, the president conveyed the sales target solely […]

CONRAIL CASE Question  Based on the information provided in the “A” case and especially in Exhibit 7 the most that CSX should pay for Conrail should be $93. 42 per share (calculations are attached hereto as Exhibit 1). I assumed that the correct or required discount rate to be used in the DCF analysis should […]

The Twin Deficits in the Economy of the United States The twin deficits are definitely back. People that do not know what twin deficits are? The Twin deficits are the current account deficit and the federal budget deficit. The current account deficit measures the flow of money from and to other countries and measures merchandise […]

Enron, once one of the fastest growing, innovative, and well managed business in the United States filed bankruptcy in December 2001. Shareholders, including Enron employees lost billions of dollars. The main question in everyone’s mind, is what truly happened to Enron? One act of Enron that contributed to the collapse was the Performance Bonus’s that […]

1.0 Introduction Standard Soap Corp. SSC operates through four main production processes which include the transformation of raw materials, drying of bulk soap, production of soap batches, and packaging. However, these processes involve numerous complexities with up to 5000 different pathways. This presents a potential challenge for managing the underlying information base efficiently. Additionally, SSC […]

Homo erectus (literally “upright man”) is an extinct hominin that lived between 1. 8 million and 50,000 years ago. The first fossil found of this species (the type specimen) was a skullcap discovered in 1891 by Eugene Dubois. However, the species was not named until 1894, after a femur (thigh bone) was discovered not far […]

Events BI > JUNE 2006 What’s Important in an Annual Report Running a Faster Paper Chase by Bob Adams Editor’s note: This article is based on a class taught by Bob Adams at past CompuFest meetings and is just a sample of the excellent education available at the annual event organized by the Computer Group […]

The book named The Millionaire Next Door explores the journey to attaining wealth and was thoroughly researched by Dr. Thomas J. Stanley and Dr. William D. Danko over a period of twenty years. American experts have utilized different methods, including research, book writing, seminars, and corporate advising to recognize the affluent and their attributes. This […]

The Four Basic Financial Statements In the field of accounting, the basis of all decisions comes from the calculating and reporting of financial statements. Without these statements, a company may lack in organization skills which could lead to huge errors being made. These huge errors could cost a company millions of dollars. Knowing that, it […]

The success of CRH is founded on the exceptional commitment and capability of its CRH is divided into six regionally focussed business segments, three in the Americas and three in Europe, supported by a lean Group centre. Within these segments: xperienced operational management are given a high degree of individual responsibility local autonomy, within Group […]

After 4 years hard working, 30 million dollars in acquiring Angiomax, further R&D, and initiate marketing test, in order to successfully market the first flagship drug Angiomax, the Medicines Company now have a couple of decisions to make in terms of initial pricing, segmentation, marketing strategies, etc (see exhibit 1). Decision I: At what initial […]

SYNOPSIS This report looks at the market forces involved in the influence of the Bakhresa Group of Companies expansion in the East African region and beyond. The report considers the position of the company in relation to its environment at this current time and offers possible solutions to its growth possibilities. It has grown out […]

What is the minimum number of passengers Health Cruises must sign up by November 20th to break even? [show your calculations] Fixed Cost = 220000+10000+65000 = 295000 Variable cost per passenger = 200 Revenue = 1500 per passenger X # of passengers (# of passengers = x) Revenue – Cost = Profit 1500x – (200x+295000) […]

Laura Ashley’s (LA) performance in the recent years leading up to 1999 was poor it was bleeding from its North America operations and was not doing well on the whole. Even after MUI’s injection of cash, the company was still making a loss which resulted in banks not being willing to provide additional funding. LA’s […]

Case 1. 9 ZZZZ Best Company, Inc. Delta. Describe the elements of the Fraud Triangle that apply to this case. Assume you are the perpetrator. Is there a better way to perpetrate this fraud? If there is, describe your method. Specify practical recommendations for the client to prevent this fraud from occurring in the future. […]

Andre of Andre’s Hair Styling is evaluating his business and has provided the following information about his company. Andre has five barbers working for him (Andre is not one of them). Each barber is paid $9. 90 per hour and works a 40-hour week and a 50-week year, regardless of the number of haircuts. Rent […]

a) Architects’ fees, snow removal costs, cash discounts earned, the cost of building a combined construction office and toolshed, interest on money borrowed to finance construction, and local real estate taxes are all capitalized. Cost of mistakes is expensed while overhead costs are capitalized. Insurance and non-covered by insurance costs are expensed. b) The intention […]

Introduction to International Accounting Standards: Accounting serves as a way to present the financial information of an organization, by consolidating all its transactions and providing a transparent view of the business. Recording all financial reports is crucial for managers, shareholders, creditors and owners. Despite every country having its own regulations, they follow their respective accounting […]

Enron’s name was formerly Northern Natural Gas Company, which was formed in 1932 in Omaha, Nebraska. But in 1985, it bought the smaller Houston Natural Gas and finally changed its name to Enron. The “crooked E” logo was designed in the 1990s. Enron was well known for transmitting and distributing electricity and gas throughout the […]

Out of State Tuition Costs A large problem for many college students is the cost of tuition and yearly tuition increases. Many students do not possess the luxury of having parents willing to pay for their tuition. Most aren’t even granted some sort of scholarship or grant to help them out with the cost. A […]