Professor Elam
Accounting & Investing Info for San Antonio A & M
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Go to the Fair Tax Website. One student asked how a national sales tax would affect lower income folks. The answer is that there is a threshold before the tax applies to anyone so that the necessities of life so to speak would be tax free. The government would rebate those amounts up to a…
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Okay, it’s been ten years since you got your degree from UNT. You’ve done well. An internship at Nostrum’s landed you a job and then up the ladder to regional buyer for men’s fashions. Target beckoned and you got the job as regional manager for its western division. Now a major retailer is in trouble…
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I’m not quite sure what the motivation for an MBA is anymore, I suppose the folks seeking it believe that having it will earn them more money. Well, I don’t know, if you end up working for yourself it will be hard to give yourself a raise out of sheer self admiration. So what are…
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I opened the grad class ACCT 5130 asking about the biggest real estate deal ever done-Equity Office Partners\, no one of course knew anything about it. Since then the question batted about in the financial press has been, who is the smartest? Sam Zell owner of EOP who sold, Vornado Realty that withdrew its bid,…
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B/W has an interesting commentary on page 40 of the 1/29/07 issue. Supposedly GM is not stil tied to the idea of being number one automaker no matter what. The author wonders if Rick Wagoner is ready to let go or notmentioning whether GM will buy Malaysian automaker Proton. Toyota’s tear of new models et…
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One student wondered whether anyone cares how full efficient jet engines are, so I found out. AS it turns out, log on to GE where you can choose either aviation or transportation under the industry pull down tab. Aviation features an interesting video showing the advantage of the new GE jet engine, They are so…
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From accounting bean counters to chocolate bean counters. Yep a couple of CPAs in Plano have founded Noka Chocolate click for the website and take the video tour. As you can see they are making their own gourmet chocolate. What have we learned in cost accounting that would help them succeed at this task? Can…
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Another good article in the Points Section of the Sunday DMN 2/11/07. Indeed, Clinton and Bush have both suggesed that the fact that employees do not pay taxes on health care benefits makes it unfair to those that have to buy their own insurance. I will also place this article on reserve, lots of good…
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I commented on the ethics of sending jobs to China when we could be working harder on keeping them here. A couple of you responded that well it’s cheaper. Well, now comes Parade Magazine’s Annual Worst Dictator Issue. Turns our HI Jintao is ranked fourth worst in the world, amid some pretty tough competitors for…
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Good article on the J C Penny turnaround, a real source of links for your articles that are due starting this week on linking LBOs to the real world. No outsourcing training, the President is hands on training, no more cubicle police, send the new CEO from banking packing, lots of changes. And take a…