of a steady accumulation of habits and values and actions that began years before and finally spiraled out of control." From late 1997 until its collapse, the primary motivations for Enron’s accounting and financial transactions seem to have been to keep reported income and reported cash flow up, asset values inflated, and liabilities off the books.
The combination of these issues later led
serving the customers’ best interest, offer customized products and services backed by excellence in customer service, earn our customers’ trust by displaying the highest ethical standards and reinforcing compliance procedures, establish a competitive cost position through productivity and efficiency, and lastly further grow the Samsung brand through credibility in performance. (Figure 1-1)
of money laundering. Those are, to conceal the predicate offences from which these proceeds are derived, and to ensure that the criminals can enjoy their proceeds, by consuming or investing them in the legal economy. To achieve those goals, they use certain methods, for example, the conversion of illicit cash into another asset, the concealment of the true ownership or source of the illegally acq
of multiple groups such as facility maintenance, direct operations (servers, housekeepers, porters, kitchen workers, bartenders, etc.), management, marketing, and human resources.
Usage rate is an important variable for the hospitality industry. Just as a factory owner would wish to have his or her productive asset in use as much as possible (as opposed to having to pay fixed costs while the f
of probability for going into insolvency, the current ratio does not show progress yet due to high rate of debt. However, its inventory turnover ratio was 21.55 in 2008, 24.56 in 2009 and 29.38 in 2010. This shows that increasing sales revenue might be able to resolve the liquidity problem somehow. In terms of profitability ratios, the figures below show the trend of ROA (Return On Assets), Profi