Edgar bronfman, jr., dropped out of high school to go to hollywood and write songs and produce movies. eventually, he left hollywood to work in the family business—the bronfmans owned 36 percent of seagram co., a liquor and beverage conglomerate. promoted to president of the company at the age of 32, bronfman seized a second chance to live his dream. seagram received 70 percent of its earnings from its 24 percent ownership of dupont co. bronfman sold this stock at less than market value to purchase (at an inflated price) 80 percent of mca, a movie and music company that had been a financial disaster for its prior owners. some observers thought bronfman had gone hollywood, others that he had gone crazy. after the deal was announced, the price of seagram shares fell 18 percent. was there anything seagram shareholders could do to prevent what to them was not a dream but a nightmare? apart from legal issues, was bronfman’s decision ethical? what ethical obligations does he owe seagram’s shareholders?

Pursuant to the video, if the news reporter had challenged the reasonableness of her detention by the coach store, coach could have claimed the which is also known as merchant protection statutes according to the book.

Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholders’ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholders’ equity $ 9003.6 etextbook and media determine nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) total assets = total liabilities + total stockholders’ equity

The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?