Goodwill

Case Solution for Goodwill Industries of Greater Grand Rapids

Complete Case details are given below :
Case Name :      Goodwill Industries of Greater Grand Rapids
Authors :           Tony Francolini, W. Glenn Rowe
Source :             Ivey Publishing
Case ID :            910M81
Discipline :        General Management
Case Length :    14 pages
Solution Sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
The president and chief executive officer (CEO) of Goodwill Industries of Greater Grand Rapids Inc. (Goodwill) was analyzing a staff proposal to begin selling donated books online. Her initial response to the proposal had been to approve the idea without any reservation; however, some pointed questions raised during discussion at a recent board meeting caused her to revisit her support for the project. The CEO determined that to make a thoughtful recommendation about the proposal, she needed to evaluate three main criteria: 1) The strategic and financial fit of the proposal in relation to the current salvage buyers of Goodwill’s books; 2) The operating and revenue needs of Goodwill’s retail stores, and; 3) Alignment of the proposal with Goodwill’s mission statement.
 
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Case Solution for The Talbots, Inc., and Subsidiaries: Accounting for Goodwill

Complete Case details are given below :
Case Name :      The Talbots, Inc., and Subsidiaries: Accounting for Goodwill
Authors :           William J. Bruns Jr.
Source :             HBS Brief Cases
Case ID :            3254
Discipline :        Accounting
Case Length :    13 pages
Solution sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
In 2006, Talbots, Inc., a specialty women’s retailer, purchased a competitor, J. Jill. The transaction created a large goodwill account along with accounts for trademarks and other intangible assets. Using prevailing accounting standards (Statement of Financial Accounting Standards No. 142), Talbots determined that the goodwill was not impaired in its Fiscal Year 2007 and it was carried forward at its purchase cost. However, one year later Talbots found the goodwill impaired, along with the trademarks and some store assets acquired from J. Jill in 2006, and these impairments were deducted from revenues in Fiscal Year 2008. Case includes financial statements.

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