Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Cost Managerial
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Friday June 15, 2012 Those of you who have been in one of my cost classes may recall 'my favorite problem', the annual Riverboat Funding Raising Project. The problem requires managerial accounting students to calculate the number of tickets required to break even which need to be sold for the Annual Riverboat Extravaganza. After we…
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Monday June 4, 2012 Fundamental Analysis is a topic we are studying in ACCT 3301. Please read this article which compares Mens Warehouse with J A Banks. This is important, you see managerial accounting covers marketing as well! I found this to be a good example of how to analyze two companies.
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Monday January 23, 2012 The experession in our title refers to the idea that say Grandfather starts a business by working hard and long. Son inheirts the business and does reasonably well as long as the growth cycle does not fall too far into the maturity cycle. Grandson comes along as the maturity cycle kicks…
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Wed Jan 18, 2012 Morgan's Wonderland is the world's first theme parke dedicated to enjoyment by individuals with special needs. Gordon hartman was inspired by an incident involving his own daughter and her difficulty interacting with other children. Now the organization has been contacted by the Disney folks.Apparently Disney senses the opportunity and or need for…
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Wed Nov 16, 2011 Alan Mulally puts it this way. Can you imagine one Boeing 737 for Europe and another for America? Of course not and that has been the route Alan has pursued since assuming the CEO job at Ford. This week Ford will unveil the new Escape. From this common platform it will make…
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Thursday Nov 3, 2012 I have mentioned the interesting article in Fast Company on The Great Tech War of 2012. Yesterday in class I noted that Facebook Google Apple Amazon do not succeed because of a patent ( though I am sure Apple has patented the Iphone) or copyright or some such. This is in contrast…
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Thursday November 3, 2011 You can read the details about Burberry's CAshmere and Wool Trench Coat at this link. The price is $5,995. As the article on page D1 of today's WSJ says 'Luxury isn't luxury if everyone has it' says Marshal Cohen chief industry analyst at market research firm NPD Group. The WSJ article details…
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Sat Oct 8, 2011 David Hendricks wrote a good piece on the San Antonio Symphony. Can we combine your marketing and accoaunting courses to analyze what is going on here, you bet we can. Oh, remember my saying It is quite difficult to stop a bad idea cloaked in Good Intentions…. Now with that thought…
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Sat Oct 8, 2011 Here is a short article on filling the cabins on a cruise lines. Indeed once the ship has enough passengers to cover the fixed costs, the remaining cabins can be rented as long as there is a contribution above the variable cost, ie, how much to feed the passengers. All the…
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Friday August 26, 2011 Here is a good look at why Apple is Apple. This is an interesting article about the Apple Management Style. The point about not missing deadlines jumped out at me. One of our textbook companies has missed getting its online book codes out in time for school to start the last couple of…