With over 200 beer brands, Anheuser-Busch InBev is the largest beer company in the world (source: Wikipedia.) Its brands include Budweiser, Labatt Blue, Rolling Rock, and Michelob. Anheuser-Busch is in the process of buying SABMiller. Its purchase of SABMiller will add several beer brands to the Anheuser-Busch portfolio, including Coors and Miller. To finance its […]
Continue readingHow will Black Squirrel Rentals use the relative sale value method to allocate the purchase price of a rental property it purchased?
March 22, 2016 
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Black Squirrel Rentals LLC is a real estate rental company located in Kent, Ohio, specializing in student housing. Black Squirrel Rentals recently purchased a large house at 217 Main Street in Kent for $290,000. Rooms in the house will be rented to students. In addition, there is office space that can be rented out on […]
Continue readingHow much in sales does Boswell’s Beanery need to break even for its booth rental costs at a home and garden show?
March 15, 2016 0 Comments
Boswell’s Beanery is a locally-owned specialty food product company in Northeast Ohio that has been in existence for over thirty years. Its products include flavored coffees and teas, dips, dressings, sauces, and seasonings. The company attends a variety of craft and other shows throughout the year and sets up a booth at each show to […]
Continue readingWhat quality costs will Mars incur from its recall of Snickers candy bars?
March 8, 2016 0 Comments
The US chocolate maker Mars, one of the world’s largest privately-held companies, issued a voluntary recall in 55 countries for Snickers bars, Milky Way minis, and some other candy bar varieties that were manufactured in a Dutch factory between December 2015 and January 2016. A red piece of plastic was found in one Snickers bar […]
Continue readingHow will zero-based budgeting impact Unilever?
March 1, 2016 0 Comments
Unilever is a multinational consumer goods company headquartered in Rotterdam, Netherlands, and London, United Kingdom. Some of its major brands in the U.S. include Dove, Hellman’s, Lipton, and Ben & Jerry’s. The company is organized into four main divisions including Foods, Refreshment (beverages and ice cream), Home Care, and Personal Care. Despite reporting better than […]
Continue readingHow are Adele’s financial statements impacted when tickets to her North American tour sell out within a few minutes?
February 25, 2016 0 Comments
Adele released her third album, 25, in late 2015, quickly shattering several records. The album 25 was the first album to sell more than three million copies in a week and also racked up the most records sold in a week with 3.38 million records sold that first week. Her single Hello from 25 was […]
Continue readingWhen the chocolate used in Cadbury Creme Eggs was changed to a less expensive chocolate, what variances would have been impacted?
February 23, 2016 0 Comments
A Cadbury Creme Egg is an egg-shaped chocolate candy that weighs about 35 grams, or a little more than 1.2 ounces. It is filled with a white fondant and a smaller amount of yellow fondant, meant to mimic an actual egg. (Fondant is a type of sugar syrup.) In the U.S., Cadbury Creme Eggs are […]
Continue readingWould the owner of the PNC Arena where the Carolina Hurricanes play hockey be better off financially if the arena were to shut down?
February 16, 2016 0 Comments
The Gale Force Holdings Limited Partnership owns both the Carolina Hurricanes (a professional hockey team) and the PNC Arena where the Hurricanes play. A recent news article stated that the Carolina Hurricanes owner lost $1.3 million in operating the PNC Arena for the fiscal year ending June 2015 (Forbes, Mike Ozanian, “Carolina Hurricanes Owner Lost […]
Continue readingHow would Reverb, the online marketplace for musicians, record its issuance of $25 million of stock?
February 9, 2016 0 Comments
Started in 2013, Reverb is a company that provides an online marketplace for musicians to buy and sell gear. Its investors include country music superstar Brad Paisley and Rick Nielsen of Cheap Trick. Reverb can be thought of as the “Ebay for musicians.” The wide scope of the Ebay marketplace makes it hard at times […]
Continue readingWhat is the impact of Toshiba’s credit line on its financial statements?
February 2, 2016 0 Comments
In 2015, Toshiba Corp. (TOSBF) announced that it had overstated profits by nearly $2 billion over a six year period. It has since announced that it could lay off up to 10,000 workers. In addition, Toshiba is selling its television manufacturing plant in Indonesia to raise cash. These events have all been part of the […]
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Accounting in the Headlines 