MACHTINGER v. HOJ INDUSTRIES LTD., [1992] 1 S.C.R. 986 Facts: The appellants, Machtinger and Lefebvre, were employed by HOJ Industries Ltd. from 1978 until their discharge without cause in 1985. Both appellants signed employment contracts for an indefinite period. Machtinger’s contract contained a clause which allowed the respondent to terminate his employment without cause and without notice. Lefebvre’s contract contained a clause which allowed the respondent to terminate his employment with two weeks’ notice.…
Introduction Manufacturing companies, like Hampshire Company, rely on the costing data provided by various costing methods to determine financial successes and downfalls. “By tracking and categorizing this information according to a rigorous accounting system, corporate management can determine with a high degree of accuracy the cost per unit of production and other key performance indicators” (Kucera 2018). Therefore, Hampshire Company has requested that I calculate how traditional and activity-based costing impact the company’s operating income. In addition, Hampshire Company has requested that I research and alternative costing method and decide whether or not it should be implemented (Kucera 2018).…
Whether Espinosa (the debtor) mailed his discharge noticed under Chapter 13 bankruptcy to United Student Aid Funds meet the requirement of due process? Was the plan considering void judgment if the debtor fails to provide “undue hardship” in an adversary proceeding? RULE Initially, the Chapter 13 bankruptcy code allow debtors establish a plan and repay all or portion of their debts over a specific period of time list. A sufficient confirmation bankruptcy plan will result a discharge of debts if debtors pay off what’s list in the plan. Secondly, the Federal Rule of Civil Procedure 60(b)(4) allow party relief from a final judgment that’s “void”, which happen when there is jurisdictional error or violation of due process that a party lost their…
I work for Toyon Research Corporation, a small, employee-owned company. I am also one of the two trustees for Toyon’s Employee Stock Ownership Plan (ESOP), and several years ago I was one of seven directors on our company’s board, and may decide to serve again in the future. While, Toyon is a closed corporation, it is still subject to many of the same laws governing organizations with publically traded stock. In fact, Toyon has experienced first-hand some of the difficulties big corporations face in abiding by the countless rules and regulations that they must conform to, including ERISA.…
Haverwood Furniture, Inc. manufactures wood furniture that sells at medium to high price points relative to other manufactures. Haverwood products are sold at 1,000 retails locations in the United States. 2007 pre-tax profit was $3.7 million on $75 million in sales. The company’s forecast of a 4% increase in 2008 sales is in line with expectations for the furniture industry as a whole.…
Rawlings Sporting Goods is one of the most respected sporting goods manufacturers in the world. They attribute a lot of their success to their marketing department and their one-of-a-kind products. They also have a reputation of being “the” original baseball glove, a difficult reputation to live up to with respectable new entrants in the baseball equipment market. Rawlings was started in 1887 in St. Louis by two brothers, George and Alfred Rawlings. The company has been the market leader in the sporting goods industry the vast majority of the company’s existence.…
Memorandum To: Amy Bourgon From: Imran Consulting Inc. Re: Bake Me A Cake Introduction On January 14, 2011, Amy Bourgon, sole proprietor of BMAC initiated the idea of expanding her home business and looked towards making changes to her company’s strategy. Throughout the last three years, BMAC has grown and concerned at the fact that growth might halt due to her work environment, she is now wondering whether it is time to expand her business in to a bigger location. This case will analyze the industry Bourgon is working in and try and predict how revenues and expenses will react depending on which alternative is chosen.…
1. Close relationships with customers and geographical proximity of supply network makes it easy to adapt promptly and flexibility as per the customers on-going changing needs. As ToolsCorp’s supply management rely on the large retailers locally, it enables to reach to the customer easily and build close relationships with the…
Crafton Industries, Inc. ……………… ………………………….. I. How might one characterize the carpet and rug industry and Crafton’s position in the industry? Based on manufacturer sales, in 2009, the U.S.A business and consumers spent around $17 billion for floorcoverings. In the same year (2009) carpet and rug manufacturers posted the sales range of $9.36 billion.…
Dividends Paid | | Sales of Common Stock | 13,700 | Purchase of Common Stock | | Cash from long term debt | 18994 | Retirement of long term debt | | Change in current debt (net) | 20341 | | Net change in cash position | 24600 | | Starting cash position | 3,434 |…
Problem: From my analysis of Foxy Originals, I will be exploring the decision regarding whether Jennifer Ger and Suzie Chemel should continue attending trade shows or focus on expanding their current online market strategy. Both Jennifer Ger and Suzie Chemel’s overall goal is to increase Foxy Originals overall profit by at least $100,000. By applying the Cost – volume – profit analysis, I will examine the changes in profit in response to the changes of selling at low or high sales volume. The analysis will provide us information about Foxy Originals breakeven point which is when all fixed and variable cost are covered; resulting in zero profit.…
Andrews Corporation is a company that was designed when the parent company was mandated by the SEC in a monopoly settlement. This action resulted in six smaller companies. Along with the other five companies, Andrews produces and sells sensors in five diverse market segments. Much of the decisions made during the live rounds have been made in reference to the decisions made by the other companies and the outcomes of those decisions reflected through the market. Andrews Corporation’s current position after the first four rounds is looking very solid; the company finished in 1st place at the end of Round 4.…
Supreme Court Case Process This case was about the Supreme Court’s judgement of the allegations that Walmart was committing discrimination against women in salary, bonuses and training. In 2001, six female Walmart employees filed suit against them in US federal court and in 2003 the plaintiffs amended the complaint requesting that the court certify the case as a class action law suit and include all current and former female Walmart employees. They stated that the discrimination faced by the original plaintiffs was systematic in nature and affected all women employed by Walmart. This process requires the legal counsel to clearly “define a class” of individuals that are represented as the group.…
My team has analyzed the financial positions of American Eagle Outfitters and The Buckle Company. We have analyzed the inventory of both companies to see how profitable they may be. From our research, we present to you the following information. American Eagle evaluates its merchandise inventory at the lower of average cost or market, using retail method. Average cost includes merchandise design and sourcing costs and related expenses.…
Their revenue is 233.27 billion USD. This is one of the highest in the whole world. These goals and objectives help them forecast how far they have already gotten, and motivate internal stakeholders to do their…