When would AMC Theatres recognize revenue from its AMC Stubs A-List subscription service?

AMC Entertainment Holdings, Inc. (NYSE: AMC), also known as AMC Theatres, recently announced a $19.95 per month subscription service, AMC Stubs A-List, to compete with MoviePass. With the A-List program, subscribers can see up to three movies per week with few restrictions. The minimum commitment is three months, after which time the subscriber can cancel […]

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Data analytics project: Gross profit analysis for introductory financial accounting

This blog post contains a data analytics project that is suitable for introductory financial accounting. The student uses Excel to analyze a data set that contains more than 48,000 records. The data analytics project can be assigned early in the course once the concept of gross profit is reviewed. Overview of project This project uses […]

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Data analytics project: Budgeting and performance evaluation for introductory managerial accounting using the City of Somerville, MA, online checkbook data set

As promised in my data analytics introductory financial accounting project blog post, here is the second data analytics project I have developed. This one covers budgeting and performance evaluation in introductory managerial accounting. Background After thinking about the best tool to use for data analytics in the introductory classes, I decided to use Excel as […]

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Data analytics project: Transaction analysis for introductory financial accounting using the City of Somerville, MA, online checkbook data set

Data analytics is here! I have been working on some projects for the past few months to be able to incorporate data analytics into the introductory accounting classes. After thinking about the best tool to use for data analytics in the introductory classes, I decided to use Excel as the analytics tool since introductory accounting […]

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New! Accounting Review Games site is now live

For some time, I have been occasionally using a variety of PowerPoint games in the classroom for review. Classroom games can inject some energy into a class and change things up. Used in moderation, review games can add a fun dimension to a course. Starting today, my new “Accounting Review Games” blog is now live. […]

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How will Dropbox’s upcoming initial public offering of its stock impact its balance sheet?

Dropbox, Inc. has filed an SEC report, indicating that it plans to raise $500 million through its Initial Public Offering (IPO) sometime in 2018. It will be issuing common stock.  Dropbox was started in 2007 and is designed to allow people to have their files anywhere they are. There are over 500 million registered Dropbox […]

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What would be the impact of the polysilicon cost increase on Canadian Solar’s gross profit and on its standard variances?

Canadian Solar (NASDAQ: CSIQ) and other solar panel manufacturers are facing a shortage of a key raw material used in the production of solar panels, polysilicon. Environmental regulators in China shut down several factories, triggering the shortage. The cost of polysilicon has risen by as much as 35% in the past several months. A kilogram […]

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Will the costs of converting UPS trucks from diesel to electric be capitalized or expensed?

UPS is working with the New York State Energy Research and Development Authority to develop new technology that will allow UPS to convert its diesel-fueled delivery trucks to electric-fueled. UPS hopes to have a working model of the converted delivery truck ready sometime in 2018. The plan is to convert 1,500 of the company’s delivery […]

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What impact did Toys “R” Us debt have on its bankruptcy?

When privately-held Toys “R” Us filed for bankruptcy in fall 2017, it disclosed that it had $5 billion in debt and was spending about $400 million per year for interest on that debt. Toys “R” Us net debt was $109.0 million in 2005, just before being taken over by private equity buyers in 2005. In […]

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How are CVS’s balance sheet and ratios impacted by its $40 billion bond issuance?

CVS Health Corporation issued $40 billion in bonds on Tuesday, March 6, 2018. This bond issuance was the third largest US corporate bond issuance in history (the others were Verizon Communication Inc.’s $49 billion deal in 2013 and Anheuser-Busch InBev SA’s $46 billion offering in 2016.) CVS issued the bonds to raise funds to pay […]

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