ThredUP is a startup online consignment and thrift store. Consumers can buy like-new, carefully vetted brand-name clothing from thredUP’s online store at discounts of up to 80% off of the original retail prices. Consumers can also send in their unwanted clothing articles for thredUP to resell. ThredUP’s professional buyers go through the articles of clothing […]
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Tag Archives: teaching accounting
What costs are relevant when pricing a cargo ship cruise?
November 19, 2015 
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Challenging economic conditions in several countries have pushed freight ship companies to look for additional sources of revenues in addition to the revenue generated by hauling freight across the ocean. In recent years, one additional source of revenue for these freight companies has been to take on cruise passengers in addition to regular cargo. Generally […]
Continue readingHow can a common-size income statement help analysis of Pandora’s results of operations in 2015 compared to 2014?
November 12, 2015 0 Comments
Pandora Internet Radio by Pandora Media (P) is a streaming music service. Its free advertising-supported radio service was first launched in 2005. Pandora users streamed 20.03 billion hours of internet radio during 2014. In December 2014, there were 81.5 million active users of Pandora, making it the largest streaming music service currently. Pandora has a […]
Continue readingWhat types of Property, Plant and Equipment does Domino’s have on its balance sheet?
November 5, 2015 0 Comments
Domino’s (DPZ) recently made the news when it launched its pizza delivery vehicle, the Domino’s DXP™ (Delivery Expert). The DXP™ is a modified Chevy Spark electric automobile. At the October 2015 launch, there were 97 DXP™ in Domino’s nationwide fleet, with more to come. Domino’s has several categories of Property, Plant and Equipment (PP&E) on […]
Continue readingWill Domino’s capitalize or expense the costs associated with its new pizza delivery vehicle, the DXP™?
October 29, 2015 0 Comments
Domino’s (DPZ) recently made the news when it launched its pizza delivery vehicle, the Domino’s DXP™ (Delivery Expert). This delivery car has seating for just one person; the rest of the car is equipped for pizza delivery. It is equipped with a warming oven and can hold up to 80 pizzas. It has several storage […]
Continue readingNow that Dyson owns a battery firm, how will the transfer price for batteries used in its vacuums be determined?
October 22, 2015 0 Comments
Dyson, the vacuum cleaner manufacturer, recently made a large investment in a battery technology firm, Sakti3. Sakti3 is a Michigan-based startup that is working on a solid-state battery. These solid-state batteries would last approximately twice as long as current lithium-ion batteries. Solid-state batteries also do not use liquid electrolyte, the lithium-ion substance that can cause […]
Continue readingWould job order costing or process costing be used by the Smarties Candy Company?
October 15, 2015 3 Comments
Smarties come in six flavors: white (orange crème), yellow (pineapple), pink (cherry), green (strawberry), purple (grape), and orange (orange). Smarties are gluten free and vegan and have 25 calories per roll of 15 candies. The main ingredient in Smarties is dextrose, a form of sugar. The Smarties Candy Company, founded in 1949, makes its Smarties […]
Continue readingWhat does Ford’s 2015 Form 10-K communicate about its cash flows?
October 8, 2015 4 Comments
Ford Motor Company (F) is an American-based, multinational car and truck manufacturer. Ford Motor Company was launched in 1903 with $28,000 in cash from twelve investors, including John and Horace Dodge. By 1919, approximately 50% of the cars sold in the United States were made by Ford. In 2014, Ford generated sales of approximately $144 […]
Continue readingWhat contributed to the increase in Caterpillar’s earnings per share in 2014?
October 1, 2015 0 Comments
Note: This article is a special guest post written by Dr. John Dexter, Jr., CPA, CGMA, Associate Professor, Edinboro University, jdexter@edinboro.edu. Thanks, John, for the contribution! In its Form 10-K for the year ended December 31, 2014, Caterpillar Inc. (CAT) reported diluted earnings per share (EPS) of $5.88, an increase of $0.13 from the prior […]
Continue readingWhat does Home Depot’s 2015 Form 10-K communicate about its inventory?
September 23, 2015 0 Comments
Home Depot (HD) is a retailer of home improvement and construction products. Home Depot is currently the world’s largest home improvement retailer with revenues exceeding $83 billion in its fiscal year ending February 1, 2015. The most commonly used inventory valuation methods are first-in first-out, last-in first-out, and average or weighted average cost. See the […]
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