Needles/Powers 2002e Principles of Financial Accounting- Internet Research Activities

Needles Accounting Resource Center

Principles of Financial Accounting , 2002 Edition
Belverd E. Needles, Jr., DePaul University
Marian Powers, Northwestern University
Susan Crosson, Santa Fe Community College


	Internet Research Activities Chapter 13: Partnerships Instructions: Use the following business periodicals' web sites to locate and write a summary of a business article related to joint ventures or limited partnerships. A linked web site article is included below as an example. Be sure to include the article's title, author, publisher, and date. Business Periodical Web Sites: CNNfn Forbes U.S. News & World Report BusinessWeek MSNBC Commerce Barron's USA Today Money Fortune Time Financial Times Sample Article: "Coca-Cola Set to Revise Joint Venture with P&G" (Financial Times–July 3, 2001) Coca-Cola is expected to alter the terms of its juice-and-chips joint venture with Procter & Gamble after criticism that underperforming brands could jeopardize profits. The joint venture, named Simply Juice, is to create new health-oriented juice drinks by tapping into both Coca-Cola's vast distribution system and P&G's extensive research and development arm. The new company combines Coca-Cola's Minute Maid orange juice operations with P&G's drink brand, Sunny Delight, and Pringles potato chips. The venture reflects in some ways rival PepsiCo's strategy to sell both snacks and drinks, dubbed the "Power of One." Coca-Cola has promised in its effort to boost global volume that more joint ventures would be planned. Extended Research Activity Many companies participate in joint mergers to benefit from the synergy created between two companies. Using the business periodicals' web sites above, locate information about a company using synergy to maximize the benefits of its resources. Prepare a short report that includes the name of the company, its URL, and a response to the items listed below. A linked web site to a company using synergy is included below as an example. Define synergy Include specific examples of the company joining with other companies to create synergy. What does each company contribute to the relationship? Example: Read the corporate profile of Synergy Brands for examples of relationships it has with other companies that result in synergy. Either print out your answers for submission or email them to your instructor.





	ACE Practice Tests

	Chapter Summaries

	Check Figures

	Company Links

	Learning Objectives

	Business Readings

	Internet Research Activities

	Toys'R'Us Annual Report Activities

	Fingraph Financial Reporting and Analysis Cases Using CPAnalyst(r)



	SMARTHINKING

	Web Links