Uber Technologies, Inc. (Uber) is a privately-held $66 billion ride-sharing company that has offices all over the world. Uber has over 8,000 employees, not counting the drivers who are categorized as independent contractors. One of Uber’s offices is in Manhattan in New York City. The office is in an old freight warehouse and former nightclub, […]
Continue readingHow many Classic Moana™ dolls must Disney sell to cover its costs of developing the sustainable packaging for the doll?
December 1, 2016 
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Walt Disney’s new movie, Moana™, opened in theaters across the United States in late November 2016. The movie is about an island teenager, Moana™, who sets out on an action-packed voyage to save her people. Disney has released a doll modeled after the heroine of the movie, its Classic Moana™ doll. The doll is 11” […]
Continue readingHow will The Cheesecake Factory’s dividend announcement and payment impact its balance sheet?
November 29, 2016 0 Comments
On October 26, 2016, the Board of Directors of The Cheesecake Factory Incorporated (NASDAQ: CAKE) declared …”a quarterly cash dividend of $0.24 per share on the company’s common stock. The dividend is payable on November 22, 2016 to shareholders of record at the close of business on November 9, 2016” (source: News Release, 10/26/2016, “The Cheesecake Factory Reports Results for […]
Continue readingWhat information and tools would Delta Air have used when it decided to invest in an RFID-based luggage tracking system for preventing lost bags?
November 27, 2016 0 Comments
On average, it costs an airline $70 to get a lost bag back to its owner. The airline industry as a whole lost $2.3 billion to mishandled luggage in 2015. Currently, when you check at bag with an airline, a barcode sticker is printed out and stuck on your bag. On a good day, only […]
Continue readingHow will Walgreen’s leases impact its financial position under the new FASB lease standard?
November 22, 2016 0 Comments
Under the current accounting treatment for leases, if a lease meets certain characteristics, it is classified as an operating lease and only the lease payments are shown in the financial statements in the income statement; there is no liability recognized for the lease obligation. In February 2016, the Financial Accounting Standards Board (FASB) issued ASU […]
Continue readingHow will the opening of a new Cheesecake Factory in New York City impact Cheesecake Factory’s financial statements?
November 17, 2016 0 Comments
Recently, The Cheesecake Factory Incorporated (NASDAQ: CAKE), opened its first New York City restaurant. The new Cheesecake Factory is in Queens and is 8,850 square feet and seats 240 guests. Rather than franchising its business model, Cheesecake Factory owns and operates all of its U.S. restaurants, which at last count numbered more than 200. It […]
Continue readingHow would Microsoft’s $40 billion stock buyback and cash dividend impact its balance sheet?
November 15, 2016 0 Comments
Microsoft Corporation (MSFT) recently announced plans to buy back up to $40 billion of its own stock. In the same announcement on September 20, 2016, Microsoft also stated that it would be increasing the cash dividend by 8% for the dividend to be paid on December 8, 2016, to shareholders of record on November 17, […]
Continue readingHow would the strike at Just Born, the maker of Peeps, impact its standard costing variances?
November 10, 2016 0 Comments
Just Born Quality Confections (Just Born) makes marshmallow Peeps, Mike and Ikes, Hot Tamales, and other candies. The company has approximately 600 employees and is privately-held. Its headquarters and Peeps factory are in Bethlehem, Pennsylvania. In September 2016, the factory employees represented by the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union of America Local 6 […]
Continue readingWhat is the impact on Abercrombie & Fitch’s financial statements from the write-down of its logo-adorned merchandise inventory?
November 8, 2016 1 Comment
Recently, Abercrombie & Fitch (NYSE: ANF) has been implementing a turnaround strategy since its sales had been falling for the past few years (11% decrease in 2014, 8% in 2015, and just 3% in 2016.) One part of Abercrombie’s new strategy has been to abandon its logo-adorned merchandise, replacing it with a subtler look. Abercrombie […]
Continue readingHow did a cash dividend impact Lowe’s financial position?
November 3, 2016 0 Comments
On November 2, 2016, Lowe’s Companies, Inc. (NYSE: LOW) paid a cash dividend of $0.35 per share to shareholders of record as of October 19, 2016. The Lowe’s Board of Directors declared this dividend on August 19, 2016. As of the end of Lowe’s 2015 year (January 29, 2016), Lowe’s had 910 million shares of […]
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