Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Cost Managerial
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Has Target TGT lost is cachet? As stores have left the malls, the battles between JCP, Kohls, TGT, WMT and I suppose Sears Holdings heat up. Shoppers are making fewer trips and shopping more and more on line. What do you think about Target, or is this just part of the big picture as WMT sales…
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Wed June 8, 2011 This week I mentioned the importance of reading the WSJ for clues as to what is going on as well as for context in understanding accounting. Here is a good example that requires accounting critical thinking. I also mentioned that reading the Money and Investing Section was perhaps the best source…
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Thursday June 2, 2011 SW Air LUV used to be that scrappy upstart with stews in hot pants and peanuts only. No longer. As LUV has taken on more routes and grown, the fare prices have risen as well. We will use this article for our first posting in Intermed I this summer. Please read the…
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Mish outlines the standoff in IL. The Governor wants to withold money due to IL cities unless and until the cities give him permission to borrow even more money. The problem is excess current liabilities which cannot be met. Quin's solution is to borrow even more money and do so on a long term basis.…
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Friday April 22, 2011 Sandy Sprngs, GA split off from Atlanta and outsourced their services. We are studying budgets and pensions. Cities that are in trouble cannot fund their pension systems. Take a look.
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Wed April 20, 2011 Take a look at the interesting graphic on Mish Global Economic Analysis We have been discussing budgets and this is an interactive display of where the Ryan versus Obama budget proposals would take us. Oh neither gets the job done. And of course any real action is way in the future…
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Friday April 8 2011 A few months back I suggested a lower cost trip to West Texas in addition to trips planned to Ireland and Argentina. Now I have nothing against those trips, in fact I look forward to the students learning just what basket case disasters both countries are now. Argentina collapsed and…
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Coal and UNG Back to the Future Fuels The latest news is that sales of the Toyota Prius Hybrid using both gasoline and electric motors, are picking up again. This happens when gasoline prices increase. But in the interest of truth in advertising we demand that the Government refer to these as Coal or NG…
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Wed April 6 2011 DISH has purchased BB Netflix has taken off with its $8 per month streaming value proposition. No doubt DISH will attempt to use BB to cmpete in a similar way. Note this was bought in bankruptcy court. Hmm that works out to $321 M for 1700 locations or $188,000 a location.…
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Wed April 6 2011 We mentioned in intermed acct class Monday that regulations and more regulations were driving companies ot either not go public or go public somewhere else like Hong Kong or London. Even the NYSE is now up for sale. One student has maintained that indeed bad behavior can be regulated. Well, Mayor…