Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Cost Managerial
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Wednesday Nov 1, 2017 Shoppers hunting for this holiday season’s hot toy, the L.O.L. Surprise, may have trouble finding it at Sears or Kmart stores. Worried about the financial health of the retail chains, the company that makes the toy, a ball that children unwrap to reveal small dolls, has reduced shipments to Sears Holdings…
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Weekend Oct 22, 2017 ACCT 3301 is accounting for non accounting majors. I have mentioned to the class that many entrepreneurs have no idea whether they are making money they lack the expertise to calculate break even or target profit They lack a budget There are no standard costs for targets Here is the story…
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Tuesday Oct 10, 2017 GM has too many plants making small cars that are not selling. The Obama Administration, as well as the state of California, wants automakers to build more small cars, read fuel efficient as well as electric cars. but now that gasoline prices are dropping, those cars are not selling. In the…
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Monday Sept 11, 2017 We are studying the Cash Flow statement in multiple accounting classes. Here is an example of what happens over time when firm fails to generate operating cash to support investing and financing. The company is famed Sears Holding which owns Sears and the remaining K Mart Stores. Eddie Lampert bought the…
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Thursday Sept 7,2017 Los Angeles-based Fat Brands, parent of the 162-unit Fatburger chain, said it wants to raise $24 million from an initial public offering, according to regulatory filings made with the Securities and Exchange Commission on Wednesday. It said it wants to use part of the IPO proceeds to fund a planned $10.6 million…
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Friday Sept 1, 2017 Back in the emerging negative mood of the late 1960s, Peter Fonda made Easy Rider for a mere $400,000. Here are the results Yep that is a 100x return. He was never able to duplicate it again. Box Office Budget: $400,000 (estimated) Gross: $41,728,598 (USA) The all time…
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The President's Picnic is a bit of a misnomer. It is actually more of a fair featuring both on campus and off campus organizations with a couple of slices of pizza thrown in for good measure. While sitting with good friend Jim Hackard, I met Madison Mauze, Senior VP for business Development for Ranger Health…
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Wednesday August 30, 2017 Here is an interesting story for wanna be entrepreneurs, and managerial accountants. A couple wanted a portable bar for their wedding reception. Not finding one available, they decided to build their own. And it has developed into a business. And, the good part is, they do not sell alcohol. The hosting…
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Friday July 21, 2017 Positive social mood towards our pets has resulted in an upscale pet spa industry. Read about Chateau Poocie andother such resorts here. One fellow spent $1,000 for an eight night stay for his dog. Amenities include swims access to the Animal Channel, reading to them, and of course installed web cams…
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Monday July 17, 2017
Professor Elam 