Author Profile
Simko, Paul J.
Washington Enterprises, Inc.: Pro Forma Financial Statements
C-2495 | Published February 21, 2025 | 7 pages Case
Collection: Darden School of Business
A newly hired analyst at a boutique investment bank, Jenny Smith, is tasked with preparing pro forma financial statements for Washington Enterprises, Inc. (WEI). Smith must construct these pro forma s... Read More
The United States of America: An Annual Report Compilation, 2023
C-2488 | Published August 02, 2024 | 50 pages Technical Note
Collection: Darden School of Business
This technical note provides a compiled 2023 annual report for the United States of America, consolidated for the public and private sectors. It includes financial statements, accompanying notes, disc... Read More
The United States of America: An Annual Report Compilation, 2022
Simko, Paul J. Smith, Richard P.
C-2461 | Published June 21, 2023 | 50 pages Technical Note
Collection: Darden School of Business
This technical note provides a compiled 2022 annual report for the United States of America, consolidated for the public and private sectors. It includes financial statements, accompanying notes, disc... Read More
EPR Properties: An Analysis of Cash Flow and Solvency
C-2459 | Published February 24, 2023 | 9 pages Case
Collection: Darden School of Business
This case follows a real estate investment company as it deals with the effects of the COVID-19 pandemic. The most immediate task facing analysts and potential investors in the firm is the needed asse... Read More
Reality Equity Partners: An Aircraft Acquisition
Simko, Paul J. Isabella, Lynn A. Taub, Elliott
G-0660 | Published February 23, 2023 | 18 pages Case
Collection: Darden School of Business
This case follows Linda Wright, Director of Aviation for a medium-sized real estate company, as she researches purchasing a second aircraft for the firm. Her task is to recalibrate the flight departme... Read More
Corteva Agriscience: Seeding a New Company (A)
West, June A. Simko, Paul J. Maiden, Stephen E. Soltis, Steve
BC-0295 | Published December 13, 2022 | 17 pages Case
Collection: Darden School of Business
This case introduces Corteva Agriscience (Corteva) and its CEO, Jim Collins. Corteva was the corporate offspring of a 2015 merger between Dow and DuPont, two of the world’s largest chemical companies.... Read More
Corteva Agriscience: Seeding a New Company (B)
West, June A. Simko, Paul J. Maiden, Stephen E. Soltis, Steve
BC-0296 | Published December 13, 2022 | 4 pages Case
Collection: Darden School of Business
This case, a follow-up to “Corteva Agriscience: Seeding a New Company (A)” (UVA-BC-0295), provides an epilogue to the story of Jim Collins, CEO of Corteva Agriscience (Corteva), and a look at the ongo... Read More
The United States of America: An Annual Report Compilation, 2021
Simko, Paul J. Smith, Richard P.
C-2455 | Published June 23, 2022 | 51 pages Technical Note
Collection: Darden School of Business
This technical note provides a compiled 2021 annual report for the United States of America, consolidated for the public and private sectors. It includes financial statements, accompanying notes, disc... Read More
The United States of America: An Annual Report Compilation, 2020
Simko, Paul J. Smith, Richard P.
C-2452 | Published December 23, 2021 | 53 pages Technical Note
Collection: Darden School of Business
This technical note provides a compiled 2020 annual report for the United States of America, consolidated for the public and private sectors. It includes financial statements, accompanying notes, disc... Read More
The "What If" Effects of an Income Tax Rate Change: A Deferred Tax Focus
Haskins, Mark E. Simko, Paul J.
C-2448 | Published August 06, 2021 | 10 pages Case
Collection: Darden School of Business
A change in the corporate US federal income tax rate necessitates an adjustment to a company’s balance sheet deferred tax account. Stephanie Allen has been tasked with determining the projected effect... Read More
Corteva Agriscience: Communicating R & D Strategy to a Global Organization
West, June A. Simko, Paul J. Glinska, Gosia
BC-0275 | Published April 30, 2021 | 29 pages Case
Collection: Darden School of Business
This case explores Corteva Agriscience’s (Corteva’s) research and development (R & D) organization, and the work of Wendy Srnic, global leader of Integrated Field Sciences (IFS); Kate Irvin, Corteva’s... Read More
Artisan Flooring Products, Inc.
C-2445 | Published December 16, 2020 | 5 pages Case
Collection: Darden School of Business
The owner of a small retail flooring company is projecting her company’s financial performance and financial position for the current 2020 calendar year. The company began business in 2019, and by all... Read More
General Hardware, Inc.
C-2446 | Published December 16, 2020 | 2 pages Exercise
Collection: Darden School of Business
The owners of a chain of hardware stores are preparing the most recent quarter financial statements. A number of business details are provided, including information to assess accrual accounting net i... Read More
LeMar Outdoor Play Products, Ltd.: An Outsourcing Decision to India
Haskins, Mark E. Simko, Paul J.
C-2440 | Published June 18, 2020 | 8 pages Case
Collection: Darden School of Business
This case, based on general business experience, casts students in the role of analyzing the financial effects of a possible outsourcing decision. Lee and Marcia Mills, owners of LeMar Outdoor Play Pr... Read More
U.S. Concrete, Inc.
C-2431 | Published December 18, 2019 | 14 pages Case
Collection: Darden School of Business
Theresa Alvarez is about to become president of the company her father started, Cordoba Materials, which had initially focused on production and sales within the concrete and aggregates industry, and ... Read More
Apple Inc.: An Application of Financial Analysis, 2003–2018
C-2420 | Published December 21, 2018 | 11 pages Case
Collection: Darden School of Business
Since its launch out of a garage in 1976, Apple Inc. had transformed from a computer-manufacturing company to the undisputed leader in diversified consumer electronics and media. Unparalleled financia... Read More
Sonvilier Pen Company: An Outsourcing Decision
Simko, Paul J. Haskins, Mark E.
C-2406 | Published February 01, 2018 | 8 pages Case
Collection: Darden School of Business
The COO for Sonvilier Pen, an elite manufacturer of high-quality ballpoint and fountain pens, had gotten a proposal to outsource two pen components to Li Manufacturing, a specialist in the molding and... Read More
Tao & Willis, Inc.: Inventory Accounting Methods
Simko, Paul J. BeMiller, Emma Barranco, Kellie
C-2384 | Published July 27, 2016 | 5 pages Case
Collection: Darden School of Business
An executive with Tao & Willis, Inc. (TW), is faced with choosing an inventory accounting method for a new Brazilian subsidiary of a U.S.-based company. Students are asked to assess the different prof... Read More
Doc's Barbershop
Lynch, Luann J. Simko, Paul J.
C-2376 | Published June 15, 2016 | 4 pages Case
Collection: Darden School of Business
Stoker has a decision to make: he has been offered a job in a successful barbershop that has retained its old-fashioned atmosphere, or with a small loan, he could open his own shop. Students are asked... Read More
Owen Rankin at J&J and the Olympic Games: Let the Games Begin (A)
Simko, Paul J. Modica, Marc W. Yemen, Gerry
OB-1070 | Published November 11, 2015 | 5 pages Case
Collection: Darden School of Business
Whether taught to students unfamiliar with U.S. business culture or to students unacquainted with working in China, this case allows for an exploration of values that shape attitudes and behaviors in ... Read More
Owen Rankin at J&J and the Olympic Games: Let the Games Begin (B)
Simko, Paul J. Modica, Marc W. Yemen, Gerry
OB-1071 | Published November 11, 2015 | 7 pages Case
Collection: Darden School of Business
Whether taught to students unfamiliar with U.S. business culture or to students unacquainted with working in China, this case allows for an exploration of values that shape attitudes and behaviors in ... Read More
Peyton Enterprises
Demers, Elizabeth A. Simko, Paul J.
C-2365 | Published August 25, 2015 | 7 pages Case
Collection: Darden School of Business
This case provides a context wherein a variety of financial accounting issues can be discussed, particularly those related to the multi-period dependence of accounting accruals. A less direct but none... Read More
The Chubb Corporation: An Analysis of 2004-2012 Return on Equity
C-2356 | Published February 04, 2015 | 11 pages Case
Collection: Darden School of Business
In March 2012, a buy-side analyst with a midsize (more than $5 billion in managed assets) investment management firm was asked by one of its portfolio managers to help him evaluate the Chubb Corporati... Read More
Leverage Ratios in Financial Analysis
C-2291 | Published December 01, 2014 | 5 pages Technical Note
Collection: Darden School of Business
This note introduces multiple concepts of leverage from an accounting context, specifically as they relate to balance sheets and income statements. Both operating- and financial-leverage ratios and th... Read More
The AES Corporation
C-2347 | Published November 06, 2013 | 15 pages Case
Collection: Darden School of Business
The power generation and distribution company AES operated throughout the world. Its business was capital intensive and required a commitment to long-term investments under difficult-to-navigate regul... Read More
Embraer S.A.
C-2345 | Published October 02, 2013 Case
Collection: Darden School of Business
Maria Rodriguez has secured an interview for a senior-management position with Embraer S.A. (Embraer), based in S?o Paulo. In preparation, she investigates Embraer's business model and reviews the com... Read More
Chick-fil-A: Bird of a Different Feather
Simko, Paul J. Farris, Paul W. Weiler, Virginia Gerardo, Peter
G-0632 | Published March 19, 2013 | 13 pages Case
Collection: Darden School of Business
In 2011, sales at Chick-fil-A (CFA) surpassed $4 billion; however due to ownership’s aversion to debt, the pace of expansion was significantly slower than the fast-food-segment average. And the bigges... Read More
China Electric Motor Hits the Street (B)
C-2339 | Published December 21, 2012 | 5 pages Case
Collection: Darden School of Business
In the A case, an investment advisor has uncovered mixed results about China Electric while reading through various research reports. Although China Electric is an interesting prospect, in the B case,... Read More
Factory #539: China Star Technology Electronics Ltd. (A)
Yemen, Gerry Weiss, Elliott N. Simko, Paul J. Modica, Marc W.
OM-1473 | Published April 27, 2012 | 13 pages Case
Collection: Darden School of Business
With a cross-disciplinary perspective, this field-based case series uses the purchase of a manufacturing company based in China to set the stage for an analysis of cost accounting, operational effecti... Read More
Factory #539: China Star Technology Electronics Ltd. (B)
Yemen, Gerry Weiss, Elliott N. Simko, Paul J. Modica, Marc W.
OM-1474 | Published April 27, 2012 | 8 pages Case
Collection: Darden School of Business
With a cross-disciplinary perspective, this field-based case series uses the purchase of a manufacturing company based in China to set the stage for an analysis of cost accounting, operational effecti... Read More
Wal-Mart China: Tian Tian Pingjia
Weiss, Elliott N. Simko, Paul J. Modica, Marc W. Li, Wei Yemen, Gerry
OM-1472 | Published April 25, 2012 | 18 pages Case
Collection: Darden School of Business
Having taken stock of where the division was, Scott Price, Wal-Mart China's interim CEO, wanted to lay the groundwork to be able to hand over the reins to the new CEO with an idea of where it was head... Read More
BHP Billiton's $40 Billion Hostile Bid for Potash Corp
C-2331 | Published October 11, 2011 | 5 pages Case
Collection: Darden School of Business
BHP Billiton Limited (BHP), the world's largest natural-resources company, launched a $130-per-share bid for Potash Corporation, Inc., (POT) of Saskatchewan, Canada, the world's largest integrated fer... Read More
Tad Folsom and Peloton Industries
Simko, Paul J. Manejwala, Omar
C-2319 | Published July 12, 2011 Case
Collection: Darden School of Business
Tad Folsom, the newly appointed chair of the audit committee of Peloton Industries, is preparing for his third meeting with the board of directors since being elected to it six months earlier, in July... Read More
BHP Billiton Group: Long-Term Debt (A)
C-2317 | Published September 23, 2010 | 10 pages Case
Collection: Darden School of Business
BHP Billiton Group issued two tranches of long-term debt in March 2009. Details and terms of those debt issues are provided. The case can be used to illustrate the accounting for long-term debt and pu... Read More
Consolidated-Tomoka?A Real Estate Holding Company
C-2315 | Published August 17, 2010 | 22 pages Case
Collection: Darden School of Business
A real estate holding company with a diverse array of real estate operations serves to introduce a number of accounting and finance topics. The company owns over 11,000 acres of raw land purchased man... Read More
Harman International and KKR (B)
Simko, Paul J. Dickerson, Daren
C-2311 | Published April 15, 2010 | 6 pages Case
Collection: Darden School of Business
This case provides the outcome of the scenario provided in the (A) case, C-2305, as KKR tries to get out of the deal with Harman due to its declining profit margins. At stake for KKR is the $225 termi... Read More
Harman International and KKR (A)
Simko, Paul J. Dickerson, Daren
C-2305 | Published April 15, 2010 | 20 pages Case
Collection: Darden School of Business
When courted by KKR, Harman International was experiencing robust times. After several months of due diligence performed by KKR and its financial and legal partners, KKR announced that Harman Internat... Read More
Financial Impact of Nuclear Power Plants: FirstEnergy and Davis-Besse
Allen, Brandt R. Simko, Paul J. Cross, Tom
C-2232 | Published April 06, 2009 | 6 pages Case
Collection: Darden School of Business
In March 2002, during a scheduled refueling outage, workers at FirstEnergy's Davis-Besse nuclear power plant found a football-sized hole in the reactor head caused by boric acid corrosion. Redundant s... Read More
Financial Impact of Nuclear Power Plants: PSEG and Hope Creek
Allen, Brandt R. Simko, Paul J. Cross, Tom
C-2233 | Published April 06, 2009 | 8 pages Case
Collection: Darden School of Business
This case is about the financial impact of negative publicity and a company's reaction. A Public Service Enterprise Group had ownership interest in five nuclear power plants, three of which were locat... Read More
Financial Impact of Nuclear Power Plants: Dominion Resources, Inc.
Allen, Brandt R. Simko, Paul J. Cross, Tom
C-2234 | Published April 06, 2009 | 9 pages Case
Collection: Darden School of Business
Dominion Resources was the fourth-largest operator of nuclear power plants in the United States with seven nuclear reactors in operation. Two of the reactors had been acquired in the past five years: ... Read More
Prudential Financial, Inc.: Stockholders' Equity and Balance Sheet Leverage
C-2290 | Published December 31, 2008 | 6 pages Case
Collection: Darden School of Business
Prudential Financial was a financial-services company whose stock value has declined due to the financial crisis that took hold of the markets in 2008 and to investor concerns regarding the financial ... Read More
Double G Western Wear
C-2288 | Published October 16, 2008 Case
Collection: Darden School of Business
Frustrated by not being able to find a pair of red cowboy boots in her size, a Florida woman, who works as a bookkeeper, decides to open her own business with her out-of-work husband. Although the sto... Read More
An Overview of Financial Statement Analysis: The Mechanics
Allen, Brandt R. Simko, Paul J.
C-2255 | Published August 23, 2007 | 26 pages Technical Note
Collection: Darden School of Business
On September 20, 2000, Jonathan Weill, a Wall Street Journal reporter in Dallas, Texas, published a piece questioning the profitability and accounting of Enron Corporation. He based his article on a s... Read More
International Power PLC: Financial Performance in the Global Power Industry
C-2254 | Published April 23, 2007 Case
Collection: Darden School of Business
This case illustrates ratio analysis using financial data for a global power company. It is best suited for an introductory discussion of ratio analysis for both the cross-section and time-series. Ten... Read More
Lone Star Power
C-2252 | Published April 05, 2007 Case
Collection: Darden School of Business
Lone Star Power was a midsize power-generation and power-distribution company. The company's new chief investment officer must evaluate a number of financial-reporting issues raised by an outside anal... Read More
An Overview of Patent Quality: Assessment Valuation and Financial Reporting Implications
Bruner, Robert F. Frank, Mary Margaret Simko, Paul J. Martin, David
F-1539 | Published January 16, 2007 | 16 pages Technical Note
Collection: Darden School of Business
A significant fraction of corporate market values derive from intellectual property. It is vital for the practicing manager to appreciate the risks and uncertainties surrounding intellectual property.... Read More
The Conceptual Framework Underlying the Preparation of the Statement of Cash Flow
Simko, Paul J. Lynch, Luann J.
C-2250 | Published April 04, 2006 | 19 pages Technical Note
Collection: Darden School of Business
The objective of the statement of cash flow is to facilitate an understanding of the financial consequences of business activities by providing detail pertaining to the sources and uses of a company's... Read More
Autozone: How Long Will They Be In The Zone?
Farris, Paul W. Simko, Paul J. Cross, Tom
M-0730 | Published September 26, 2005 | 5 pages Case
Collection: Darden School of Business
Bad news for AutoZone: until recently the sales and store count leader in the retail auto parts category, AutoZone has been surpassed by Advance Auto Parts; Wall Street has punished AutoZone and is pr... Read More
Lewis Driscoll and Delta Cargo
C-2227 | Published August 09, 2005 | 6 pages Exercise
Collection: Darden School of Business
Lewis Driscoll faces a number of challenging property, plant, and equipment issues. If he purchases a new crane, what ancillary costs should be capitalized? What depreciation method should he choose? ... Read More
Genmor Pharmaceuticals' Acquisition of Vascorex Corporation
Bruner, Robert F. Simko, Paul J. Frank, Mary Margaret Martin, David Goldstein, Marc
C-2226 | Published July 15, 2005 | 20 pages Case
Collection: Darden School of Business
This case asks students to identify and evaluate the merits of two factors that have led a buy-side analyst to conclude that an acquiring company is a high-risk investment: (1) the company's allocatio... Read More
General Electric's Acquisition of Amersham PLC
Bruner, Robert F. Simko, Paul J. Frank, Mary Margaret Martin, David Goldstein, Marc
F-1458 | Published November 03, 2004 | 27 pages Case
Collection: Darden School of Business
In September 2003, the CEO of General Electric must evaluate a final proposal for it to acquire Amersham plc, the leading producer of contrast agents used in medical diagnostics. The case permits the ... Read More
MGM Mirage
C-2223 | Published October 13, 2004 | 24 pages Case
Collection: Darden School of Business
A senior analyst has recently completed an on-site visit to the Las Vegas properties of MGM Mirage. She must value the enterprise after her preparation of projected financial statements. Assumptions f... Read More
Assessing Earnings Quality: Nuware, Inc.
Simko, Paul J. Carrascoso, Angelo Carlo
C-2221 | Published October 13, 2004 | 13 pages Exercise
Collection: Darden School of Business
Associate Jack Hereford must analyze the earnings quality of Nuware Imports. His specific task is to assess the accounting policies of Nuware as aggressive or conservative and then recast the current ... Read More
DuPont's Patent Donations
Bruner, Robert F. Frank, Mary Margaret Simko, Paul J. Martin, David Goldstein, Marc
C-2224 | Published July 02, 2004 | 22 pages Case
Collection: Darden School of Business
In December 1998, an intellectual property executive at DuPont pondered a new program for the 196-year-old company. The executive was reviewing a proposal to donate DuPont patents to universities arou... Read More
International Speedway Corporation
C-2222 | Published January 03, 2004 | 17 pages Case
Collection: Darden School of Business
International Speedway Corporation was diversified across the racing industry. The company owned and operated (1) Motor Racing Network, Inc. (MRN Radio) the nation's largest independent sports radio n... Read More
Prudential Financial: An Analysis of Financial Performance
C-2249 | Published March 08, 2001 | 15 pages Case
Collection: Darden School of Business
Jenny Gaber was approached by Bill Anderson, director of Research for First Capital Financial. Gaber was an associate analyst working directly under building financial models and projections for new i... Read More