Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Cost Managerial
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Thursday Feb 28 2013 I'm cutting back and you should too… I'm going to bite the bullet, too!!!! President Obama ordered the cabinet to cut $100,000,000.00 ($100 million) from the $3,500,000,000,000.00 ($3.5 trillion) federal budget. I'm so impressed by this sacrifice that I have decided to do the samething with my personal budget. I spend…
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Weekend Feb 16 2013 Most gamblers realize the 35 to 1 odds of betting on one number of the roulette wheel. But seeking to lower their fixed cost per person, cruise lines have bet on ever larger ships. We study cost behavior in managerial accounting. This past week on the Carnival Triumph teaches both financial…
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Thursday Feb 14 2013 One way for a manufacturer to economize is to cut the amount in the box or produce smaller versions of the same product. I guess things are getting tought at Girl Scouts, look what has happened to what used to be a cookie, today breath mint size. Ys that is a…
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Wed January 16 2013 For the last couple of semesters I have noted that insiders at LULU are furiously selling shares while the stock advanced 60 % this past year. Howard Davidlowitz, always animated and entertaining, likes the shares which continue to post good earnings. Or as I have said in class, thanks to LULU…
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Tuesday January 8 2012 Howard Davidowitz is a retail specialist, with a definite flair for the dramatic. He was negative on Ron Johnson coming from Apple to JCP a year ago, and has been proved right. Accounting helps us understand the numerous terms used in analysis like this. Another analyst predicts Eddie lampert, now installed as the…
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Wed Dec 19 2012 Carlos Ghoson took Nissan on the offensive. He is increasing market share, ringing more product to market, and increasing returns using Monozukuri the Nissan version of Total Quality Management.
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Tuesday Dec 11 2012 Colorado and Washington state have legalized individual use of marijuana. My writing class in at UT Austin had the investigative assignment of whether marijuana would be legalized in such time that companies should consider production at some point, growing marijuana or producing a final product. Well that only took five four…
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Monday Dec 10 2012 With declining support from state legislatures, Division One Teams are increasing their bets on elaborate football programs. And television networks are betting big as well, with cable and HULU and such taking viewers the bet is that live college action will be a big seller. We need look no further than our…
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Monday Nov 12 2012 Culver's Restaurants implements a rigorous 16 week training course for its franchisees. Those that finish the course usually are successful at their restaurant. 56 days in an actual restaurant and 16 days in the classroom are part of the culture. The curriculum includes what the female bathroom should look like. I…
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Friday Nov 9 2012 American Suzuki filed for Chapter 11 Bankruptcy today. As the article suggests, will Mitsubishi be next? I think one problem for Suzuki was that there was never a pizzazz model in the line up,just another collection of me too compact automobiles. Seems to me that the same company that produces the 300…
Professor Elam 