© 2008 Cameron Graham and Carolyn MacTavish
Billy Bishop, president of Porker Airlines, puts down his afters fork and wipes his mouth with his napkin. He has that look on his face, the mavin that says the real reason for asking you to dinner is about(predicate) to be revealed. He glances over at Nellie McClung, his CFO, as if to make incontestable he had her support.
“Kim,” he says to you, “I’ll be honest with you. there was a reason Nellie and I invited you to dinner. You’re the most conditioned accounting person on our audit committee. The rest of the directors atomic number 18 passage to be looking to you for advice. It’s no privy that we’ve had a rough time with the auditors this time around, and I wary they are going to be coming to you complimentsing to expand us to the wall. In all honesty, there are a couple of issues where we could have done things differently, but I very feel that on most of the things where we’ve knocked heads, we’re dead right.”
He draws a breath and takes a gulp from his water glass. He looks straight at you for a moment, and continues. “We are facing a tough time over the next three to atomic number 23 years. Fuel prices are all over the map.
We’ve entered into futures contracts for jet kindle to make sure we have stable pricing, but that that postpones the problem. The economic downturn in the US is cutting into our blood line market. We’re facing a significant drop in passengers on US flights. Keep in mind that 68% of our business last year was flights to and from the States. Our US ground trading operations are contracted out, and we built some flex into the contracts so we’ll be okay there. Even so, we’ll have to lay take about 260 employees here next year if things don’t pick up in our US segment. That’s about 10% of our work force across Canada, and we’re going to close our Edmonton operation entirely. I’ve worked it out to $1.3 million for...If you want to get a full essay, order it on our website: Ordercustompaper.com
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