Monday Sept 10, 2012 We are studying financial analysis in Acct 3301 and 3314. Please read how Amazon is sucking the profit out of tablets. Henry's point is that Google and Amazon make their money elsewhere so they can afford to treat their tablets as 'loss leaders.'  They can sell at break even anticipating that tablet…

Thursday Sept 6, 2012 The Institute of Management Accountants is having its Student Leadership Conference here in San Antonio Nov 1-3, 2012. The schedule of events is not up yet but I will be going, I am sure the events will be worthwhile and I can earn some CPE. More on this as I learn about…

Wed Sept 5 2012 I have made several posts about the puzzling sad state of the non profit arts in San Antonio.  MY first post on the Symphony was October 8, 2011.  We also noted the irony of spending $195 M on the Tobin Center, supposedly to house groups like the Symphony, which was draining funds…

Tuesday Sept 4 2012 The line wa just too long at MCD, and needing gas anyway I headed out to  the Valero down the road. Sure enough the convenience store there featured a Subway, with no one in line, and open for breakfast, gee who knew Subway  was in the Egg McMuffin War? I am teachcing  two…

Thursday August 30 2012 MCD, SBUX, and CMG   are all working to speed up the service during peak hours. This is an excellent example of what we study in managerial accounting.  There are several concepts in volved here. The British refer to a waiting line as a que. Queing theory is all about how…

WednesdayAugust 15, 2012 How Japan Lost Its Electronics Crown is an all too familiar story of how winners lose their way.  Let me take you back a few decades. Soldiers returning from Viet Nam in the1960s and 1970s often brought back  fancy component stereos made by Sansui or Yamaha or Kenwood. The only thing comparable in…

Weekend August 4, 2012 How about 1,000 franchises in 18 months?  Read how Five Guys uses a basic platform to allow customers to create their own burger. All burgers are prepared to go, regardless. The real draw is the real french fries cooked in peanut oil rather than the sort of artificial creation one gets at…

Tuesday July 24 2012 The US now collects 15% of GDP as Federal Receipts. But the USA Federal Govt spends 23% of the GDP.  So nothing less than a 50% tax increase would solve the problem. That is not going to happen.  An accountant presents the situation here.

Wed July 18 2012 Five Guys Burgers began when four brothers decided to go in the burger business instead of going to college. Here is the low down on eight burger chain start up success stories. Figure out the right burger combo and you can hire a college boy or girl to keep the books…. If…

Monday June 18, 2012 IN my last post we examine the bankruptcy of the San Antonio Opera. Please examine my earlier post on the San Antonio Symphony. Then take a look at Museo Alameda All three examples fail the Is this Probable test I mentioned in class. The great irony of the opera bankruptcy and…