Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Cost Managerial
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Tuesday April 1 2014 Alert Accountants pay attention to trends. Here is a list of the nine chains closing the most stores. Needless to say, some of the names are quite familiar for their recent retail woes like JCP and Radio Shack. The shrinkage that Howard Davidowitz predicted via the expanded internet shopping continues.
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Thursday March 27, 2014 Amazon and Google continue to cut Cloud Prices. Each bar represents one month of trading for RAX. Once it hit 80, all the good news was in the market. now the market is concerned bout th cost cutting from a behemoth like GOOG. With all their revenue they can cut below…
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Monday March 24 2014 Porsche records a $23,00 an average profit for each car it sells. That c omes ot an average 18% per vehicle. Porsche is famous for addin gon expensive gotta have it accessories like expensive wheels, navigation systems, and variou sperformance enhancing options. The way to make money in the car business…
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Tuesday March 4 2014 Radio Shack will close 1,100 stores. Here is another article with a good examples of the use of accounting terms. For example, what is negative free cash? The sescond article wonders if RSH will be the next Circuit City, another electronic retailer which went toes up. In reading the second article…
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Thursday Dec 5, 2013. La Ferrari at $1.4 Million is the most expensive ever produced. But only 499 will be made, with 120 slated for the US. Too late, they are already sold. The ultra rich are collecting these as investments, the prices of older Ferrari super cars are appreciating. Ferrari is faced with other…
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Friday August 16 2013 HOLT CAT is embarking on a $10 M expansion. Our campus is the closest Universtiy to HOLT. HOLT is the largest CAT dealer in America. About one third of its current business relates to the Eagle Ford Shale south of San Antonio. Their greatest need is for high tech technicians. Modern…
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Monday August 12 2013 Like all Central Planners, Henry Blodget would like to wave a wand and change behavior. He seems to be arguing for higher minimum wages in this article. The fact that corporations are seeking ways to avoid hiring employees is not the problem but theoutcome of more and more central planning and demands. Take…
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Monday August 12 2013 Here is an interesting article on how Jeff Bezos moved all cost to fixed costs. Then as sales improved, the percent of cost actually dropped. There are also some interesting diagrams on how he explains this in his annual letter to shareholders.
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Sunday Aug 11, 2013
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Sunday August 4, 2013 The head line in today's Express News reads Some Entrepreneurs Go Begging, Getting Business Loans a Struggle for Poor, Minorities But the truth of the matter, in muy opinion, is quite the opposite. Monica Prater sought a loan to buy a building and equipment for $170,000. She wanted to open her…
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