Professor Elam
Accounting & Investing Info for San Antonio A & M
about
Category: Cost Managerial
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Al recent quizzes and homework on line have deadlines set to December 6 at an indicated 11 PM EST which is 10 PM our Central Standard Time. Having re set ALL the recent assignments there will be no more resets or extensions. If your computer is planning to crash at 9:59 PM Dec 6, I…
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Murdoch's Newscorp owns the WSJ, it is considering listing WSJ articles only on MSFT Bing. Bing, huh? This is the latest in a never ending series of catch up attempts by MSFT, opening MSFT stores mimicing Apple is another. Google is the run away winner with 65% of searches, even with Yahoo, another failed effort,…
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AS a private employer, one pays unemployment tax to the state of residence. If no one files unemployment claims on you as an employer, your rate will go down. IF general unemployment rises however there is no one left to fill the coffers but the remaining employers still in business. This article relates how that…
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Here is an interesting interview with Gary Kelly who runs SW Airlines, and is a CPA. Note how many comments he makes on analyzing the cost structure of LUV.
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The crash of 1972-74 eliminated lots of Wall Street firms from 'the business.' Goodbody and Co, a partnership was no more. Merrill absorbed White Weld and thereby entered the real investment banking business. And upstart Shearson omigosh, gobbled hallowed Loeb Rhoads. Francis I. duPont became DuPont Glore Forgan and then Ross Perot gained control and…
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Here is what I preach about chapter 5-6 in Garrison cost accounting Anybody who ever took microeconomics can understand the attraction of the strategy used by Detroit. In the short run, it makes sense to sell a car for any price greater than the added cost of producing that extra car. But if prices are…
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Please examine and read the last few posts, this is an interesting opportunity to put it all together so to speak at the end of the semester. An old fable tells the story of two animals, one who stores food for the winter and the other does not, are adults not still acting out this…
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We reported on the student sit in at Berkeley, now read more about why. Yes California hired $600,000 per year UT Chancellor Mark Yudof who says when you have no choice, you have no choice, a $600K set of words if I ever heard any indeed! Mark got my attention when he was at the…
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North East Ind School District has finally declared a financial emergency, after using up valuable General Fund Money for the last three. Look at the financial plan . Does anyone see any discrepancy in the third power point slide? It shows a fund balance of $50 Million Dollars, I doubt that…I will give them a…
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Debt-ridden MGM could be sold 12 November 2009 4:52 AM, PST | The Guardian – Film News | See recent The Guardian – Film News news » The studio with the famous lion logo and library of James Bond films appears to be headed for the auction block to recoup some $3.7bn in debt The MGM lion, a star…