Questions from General Finance

Q: It was the end of the fourth quarter. The financial statements It was the end of the fourth quarter. The financial statements

It was the end of the fourth quarter. The financial statements had been prepared and circulated to the directors of NuSkin Products Inc. (Tables 2 and 3). The firm’s revenues had surpassed the previou...

Q: “What do you mean we’ve used up all our cash and “What do you mean we’ve used up all our cash and

“What do you mean we’ve used up all our cash and lines of credit? I don’t get it! I thought we had a healthy financial position as per last year’s financial statements. How could this have happened, P...

Q: “We better get started on this report,” said Hal to “We better get started on this report,” said Hal to

“We better get started on this report,” said Hal to his assistant, Roger, as he straightened up in his seat and fired up his laptop computer. “I’m sure Henry will expect a detailed analysis first thin...

Q: It was a hot, humid afternoon in April. Kirk could It was a hot, humid afternoon in April. Kirk could

It was a hot, humid afternoon in April. Kirk could feel the pressure mounting. The memo on his desk read, “Please see me immediately!” Kirk knew that, sooner or later, his boss, Brian Daltrey, was goi...

Q: It was late Sunday night, and Jassir Amor was getting weary It was late Sunday night, and Jassir Amor was getting weary

It was late Sunday night, and Jassir Amor was getting weary. The big presentation was set for 8 am the next day, and Jassir kept remembering what Greg LeBlanc, the chairman of the mergers and acquisit...

Q: Alex Peterson, president of Peterson Investments Inc., was faced with Alex Peterson, president of Peterson Investments Inc., was faced with

Alex Peterson, president of Peterson Investments Inc., was faced with a major decision. One of the firms that his company had invested in, Durawear Corporation, was under severe financial distress. It...

Q: When Wayne concocted his cleaning compound some 20 years ago, all

When Wayne concocted his cleaning compound some 20 years ago, all that his wife, Corrine, and he were trying to do was to come up with a sweeter, gentler yet tougher, cleaning product. Little did he r...

Q: If there was one thing the folks at Creative Products Corporation ( If there was one thing the folks at Creative Products Corporation (

If there was one thing the folks at Creative Products Corporation (CPC) knew well, it was how to come up with useful and unique products in the midst of economic adversity. With current year revenue...

Q: When Jenny opened her full-service salon and day spa three

When Jenny opened her full-service salon and day spa three years ago, she knew that she would have to make some difficult choices regarding the hiring and firing of qualified professionals such as cos...

Q: Richard Ponting could feel the pressure as he walked into the executive

Richard Ponting could feel the pressure as he walked into the executive boardroom with his briefcase containing the data and slides pertaining to his latest proposal. The last couple of years had not...