Kim Opim is on a mission to make the most of her study abroad experience. As she soars over the Atlantic, she reflects on the exciting adventures that await her in Paris. With a positive attitude and a passion for learning, Kim can’t wait to immerse herself in the French language, culture, and cuisine. Bon voyage, Kim!
Andria Mullins, financial manager of Webster Electronics, has been asked by the firm’s CEO, Fred Weygandt, to evaluate the company’s inventory control techniques and to lead a discussion of the subject with the senior executives. Andria plans to use as an example one of Webster’s “big ticket” items, a customized computer microchip that the firm…
The Office Automation Corporation is considering a foreign investment. The initial cash outlay will be $10 million. The current foreign exchange rate is 2 ugans = $1. Thus the investment in foreign currency will be 20 million ugans. The assets have a useful life of five years and no expected salvage value. The firm uses…
The Castillo Products Company was started in 2008. The company manufactures components for personal digital assistant (PDA) products and for other handheld electronic products. A difficult operating year, 2009, was followed by a profitable 2010. The founders (Cindy and Rob Castillo) are interested in estimating their cost of financial capital because they are expecting to…
One would deny that Jake Burton is an innovative guy. But he’s quick to dispelthe myth that he invented snowboarding or snowboards. He points out that thesnowboard-a single board that looks and operates like a cross between a skateboardand a surfboard that athletes ride down snow-covered mountains-has been aroundsince the 1920s. And Jake himself experimented…
Mediquip, Inc., produces medical equipment and uses its own sales force to sell the equipment to hospitals. Recently, several hospitals have asked Mediquip to develop a laser beam “scalpel” for eye surgery. Mediquip has the needed resources, and 200 hospitals will probably buy the equipment. But Mediquip managers have heard that Laser Technologies— another quality…
Kawasaki Motors Corporation (Kawasaki), a Japanese corporation, manufactures motorcycles that it distributes in the United States through its subsidiary, Kawasaki Motors Corporation, U. S. A. (Kawasaki USA). Kawasaki USA is a franchisor that grants franchises to dealerships to sell Kawasaki motorcycles. Kawasaki USA granted the Kawasaki Shop of Aurora, Inc. (Dealer), a franchise to sell…
Peter Deptula owns a federal trademark registration on “Surfvivor,” an amalgamation of the words “surf” and “survivor.” Deptula has used the Surfvivor mark for a significant number of years on his many Hawaiian beach-themed products, which include sunscreen, T-shirts, and surfboards. Deptula’s mark consists of the term “Surfvivor” in block or cursive writing, often accompanied…
On January 24, 1994, Frederick Hantske Jr. was telephoned at home by Paul Kallina, an employee of Brandenburger & Davis, Inc. Kallina told Hantske that he could possibly be an heir to an estate and arranged a meeting with him on the following day.Kallina met with Hantske at his home in Charlottesville, Virginia, for one…
Optomagic, Inc. is a U.S. corporation that produces optomagic gizmos. Production of optomagic gizmos involves a confidential gizmo-processing technique (which is described in printed confidential Optomagic manuals), labor-intensive processing, and inclusion of an optomagic component for which Optomagic was granted a U.S. patent six months ago. The optomagic component has widespread uses in the space,…
