Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Cost Managerial
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Tuesday Sept 28 2021 we have been following the misfortunes of the SA Symphony. Now the Board proposes halving the size of the orchestra, using part time substitutes, and cutting full time pay. It ran a $2 M deficit in its last year before the Pandemic revenue of $6 M and expense of $8 M.…
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tuesday Sept 21 2021 SA Convention Group plans to go all out for one convewntion in 2023 Is that really wise? this would involve people coming from other countries. The problem is that most cannot fly direct to SA, you would have to stop in Dallas or Houston, I would guess. That makes larger cities…
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Wed Sept 15, 2021 Several Luby's cafeterias sold to a Chicago caterer for $30 M. The cafeteria format was going great guns in the 21970 – 1980s. It was particularly popular among seniors, most of whom are now gone. The brand has slowly fallen on harder times and been looking for a sale or way…
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Wednesday Sept 15, 2021 https://sanantonioreport.org/san-antonio-symphony-orchestra-cuts/?utm_campaign=newsletter&utm_medium=email&utm_source=newsletter-daily&utm_content=editorial&utm_term=artculture&mc_cid=e31c9a370d&mc_eid=b3fa08cd6c Classical music is in remission everywhere, the love of classical music has not passed onto the current generation. The irony of this to me is that the town spent $190 M re doing the Tobin Center but not a dime to make sure the symphony and ballet could perform…
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Monday Sept 13 2021 San Antonio Chapter Quick reminder: There is NOT an IMA SA chapter meeting this week - Thursday, Sept 16th – nor will we meet Thursday, October 21st. We WILL be back Thursday, November 18th (meeting in person and virtually.) Instead, please plan to attend 1 or both days of the Texas Annual Conference (hosted by…
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Weekend Sept 11, 2021 Amy Plemmons tests the latest Corolla Hybrid. She notes Toyota introduced the Corolla in the 1960s and has sold over 50 M world wide. The Japanese have a word for evolution – Kaizen, meaning small changes. I recall seeing my first Corolla in about 1970. It had an AM FM radio,…
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Weekend Sept 6, 2021 This article indicates franchises are just as vulnerable to shutdown and independents. And a franchise is likely to have way more debt than an independent given the many site requirements. Those with a drive in window have probably been better able to weather this t=storm Here is an example of the…
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Tuesday July 6 2021 Lots of info here. Please scan to the bottom! Attached is the 3rd newsletter of 2021 – brought to you by our editor extraordinaire, Hope Harrell. Please read through it to know what is going on with your chapter. (Hint: there is once again an opportunity to enter for a free…
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Wed Feb 10, 2021 I watched the Becker presentation on the CMA exam yesterday. since I was an undergraduate this is the first time Becker has offered review on anything other than CPA. You must register but the webinar is free. Click below. Becker Free Webcast In case the hyperlink doesn’t come through –…
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Weekend Jan 24 2021 San Antonio ChapterAt this week's chapter web meeting, we had two great speakers with interesting content (thanks Gilbert Barrera from Texas A&M San Antonio and Ryan Canales from Empower Wealth Advisors!), a great monthly meeting sponsor (thanks Olia Bosovik from Bowtie Business Intelligence!) and our much appreciated annual meeting sponsor (Ryan Canales - thanks again!)…